First Merchants
FRME
210 hedge funds and large institutions have $1.75B invested in First Merchants in 2022 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 75 increasing their positions, 67 reducing their positions, and 19 closing their positions.
37% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 19
12% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 67
7% more capital invested
Capital invested by funds: $1.63B → $1.75B (+$120M)
4.89% more ownership
Funds ownership: 73.58% → 78.47% (+4.9%)
2% more funds holding
Funds holding: 205 → 210 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
+$47.2M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
+$24.9M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$18.5M |
| 4 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
+$16.2M |
| 5 |
PC
Pier Capital
Stamford,
Connecticut
|
+$9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$7.95M |
| 2 |
Bank of New York Mellon
New York
|
-$5.15M |
| 3 |
BNP Paribas Asset Management
Paris,
France
|
-$4.81M |
| 4 |
EARNEST Partners
Atlanta,
Georgia
|
-$3.25M |
| 5 |
RBA
Richard Bernstein Advisors
New York
|
-$2.84M |
FRME Hedge Fund Activity: Q1 2022 in Review
210 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2022, worth a combined $1.75B — up 7.3% from $1.63B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FRME positions and 19 closed out — a net gain of 7 holders — while 75 added to existing stakes and 67 trimmed.
The largest buyer was Geode Capital Management, adding an estimated $47.2M. The largest seller was Millennium Management, cutting an estimated $7.95M.
- 210 institutional investors held First Merchants (FRME) as of Q1 2022, up from 205 in Q4 2021.
- Funds reported $1.75B of First Merchants stock for Q1 2022, up 7.3% quarter-over-quarter.
- 26 funds opened new First Merchants positions in Q1 2022 and 19 closed out, a net change of +7 holders.
- The largest First Merchants buyer in Q1 2022 was Geode Capital Management, an estimated $47.2M added.
- The largest First Merchants seller in Q1 2022 was Millennium Management, an estimated $7.95M sold.
Based on aggregated 13F filings for Q1 2022.