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First Merchants

253 hedge funds and large institutions have $1.74B invested in First Merchants in 2024 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 26

9% more capital invested

Capital invested by funds: $1.6B → $1.74B (+$146M)

4% more funds holding

Funds holding: 243253 (+10)

6% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 81

0.79% more ownership

Funds ownership: 73.62%74.4% (+0.79%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
253
Holders Change
+10
Holders Change %
+4.12%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
40
Increased
86
Reduced
81
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
26
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$18.7M -$254K -6,277 -1%
BCM
27
Bridgeway Capital Management
Texas
$15.8M -$174K -4,304 -1%
Schroder Investment Management Group
28
Schroder Investment Management Group
United Kingdom
$11.4M -$2.79M -69,016 -19%
Morgan Stanley
29
Morgan Stanley
New York
$11.4M -$1.38M -34,096 -11%
PFC
30
Phocas Financial Corp
California
$11.2M +$1.67M +41,396 +17%
SEI Investments
31
SEI Investments
Pennsylvania
$10.1M -$369K -9,123 -3%
CVA
32
Ceredex Value Advisors
Florida
$9.11M +$9.23M +228,300 New
EF
33
Empowered Funds
Pennsylvania
$8.86M +$442K +10,934 +5%
Qube Research & Technologies (QRT)
34
Qube Research & Technologies (QRT)
United Kingdom
$8.85M -$374K -9,238 -4%
Wells Fargo
35
Wells Fargo
California
$7.95M +$258K +6,390 +3%
ProShare Advisors
36
ProShare Advisors
Maryland
$7.78M -$292K -7,210 -4%
SO
37
STRS Ohio
Ohio
$7.29M -$16.2K -400 -0.2%
Norges Bank
38
Norges Bank
Norway
$7.25M -$2.69M -66,541 -27%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$7.09M +$207K +5,115 +3%
DA
40
Denali Advisors
California
$6.72M -$599K -14,800 -8%
PCM
41
Peregrine Capital Management
Minnesota
$6.08M +$863K +21,331 +16%
Invesco
42
Invesco
Georgia
$5.86M -$130K -3,203 -2%
OAM
43
Oberweis Asset Management
Illinois
$5.81M +$744K +18,400 +14%
Nordea Investment Management
44
Nordea Investment Management
Sweden
$5.37M +$2.19M +54,265 +68%
GLA
45
Great Lakes Advisors
Illinois
$5.33M -$205K -5,072 -4%
Fidelity Investments
46
Fidelity Investments
Massachusetts
$5.09M +$2M +49,405 +63%
UBS AM
47
UBS AM
Illinois
$4.97M +$880K +21,750 +21%
OFS
48
OneAscent Financial Services
Alabama
$4.92M +$10.1K +249 +0.2%
Barclays
49
Barclays
United Kingdom
$4.87M +$392K +9,679 +9%
Bank of America
50
Bank of America
North Carolina
$4.81M +$771K +19,063 +19%

FRME Hedge Fund Activity: Q4 2024 in Review

253 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2024, worth a combined $1.74B — up 9.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new FRME positions and 26 closed out — a net gain of 14 holders — while 86 added to existing stakes and 81 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $24.1M. The largest seller was Boston Partners, exiting entirely with an estimated $26.9M sold.

  • 253 institutional investors held First Merchants (FRME) as of Q4 2024, up from 243 in Q3 2024.
  • Funds reported $1.74B of First Merchants stock for Q4 2024, up 9.1% quarter-over-quarter.
  • 40 funds opened new First Merchants positions in Q4 2024 and 26 closed out, a net change of +14 holders.
  • The largest First Merchants buyer in Q4 2024 was Capital International Investors, an estimated $24.1M added.
  • The largest First Merchants seller in Q4 2024 was Boston Partners, an estimated $26.9M sold.

Based on aggregated 13F filings for Q4 2024.