We are live on ! Find out more
FRME icon

First Merchants
FRME

233 hedge funds and large institutions have $1.49B invested in First Merchants in 2024 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 87 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 23

2% more funds holding

Funds holding: 229 → 233 (+4)

0% more funds holding in top 10

Funds holding in top 10: 2 → 2 (0)

1.41% less ownership

Funds ownership: 73.92% → 72.51% (-1.4%)

9% less capital invested

Capital invested by funds: $1.64B → $1.49B (-$150M)

28% less repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 87

Holders
233
Holders Change
+4
Holders Change %
+1.75%
% of All Funds
3.36%
Holding in Top 10
2
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
29
Increased
63
Reduced
87
Closed
23
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
American Century Companies
American Century Companies
Missouri
+$7.81M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$7.57M
3
State Street
State Street
Massachusetts
+$3.51M
4
BCM
Bridgeway Capital Management
Texas
+$3.28M
5
Victory Capital Management
Victory Capital Management
Texas
+$2.77M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$15.3M
2
Bank of New York Mellon
Bank of New York Mellon
New York
-$10.1M
3
BlackRock
BlackRock
New York
-$8.67M
4
RIP
Rhino Investment Partners
Pennsylvania
-$8.57M
5
CCMLC
Cardinal Capital Management LLC (Connecticut)
Connecticut
-$7.54M
Name Holding Trade Value Shares
Change 		Change in
Stake
PU
51
Petiole USA
New York
$3.28M – – –
Ameriprise
52
Ameriprise
Minnesota
$3.22M -$551K -16,058 -15%
Qube Research & Technologies (QRT)
53
Qube Research & Technologies (QRT)
United Kingdom
$3.08M +$2.64M +76,974 +685%
Barclays
54
Barclays
United Kingdom
$3.07M -$965K -28,104 -24%
UBS Group
55
UBS Group
Switzerland
$2.96M -$328K -9,552 -10%
Corient Private Wealth
56
Corient Private Wealth
Florida
$2.92M +$9.62K +280 +0.3%
Hotchkis & Wiley Capital Management
57
Hotchkis & Wiley Capital Management
California
$2.81M -$3.55M -103,430 -56%
Jane Street
58
Jane Street
New York
$2.8M +$1.47M +42,703 +114%
RHCA
59
Rosenthal Henry Capital Advisors
Indiana
$2.73M – – –
FFBTD
60
First Financial Bank - Trust Division
Ohio
$2.64M – – –
Millennium Management
61
Millennium Management
New York
$2.35M +$2M +58,196 +633%
UBS AM
62
UBS AM
Illinois
$2.31M – – –
AllianceBernstein
63
AllianceBernstein
Tennessee
$2.15M -$288K -8,390 -12%
Deutsche Bank
64
Deutsche Bank
Germany
$2.15M +$10.9K +316 +0.5%
Cambridge Investment Research Advisors
65
Cambridge Investment Research Advisors
Iowa
$2.14M +$272K +7,921 +15%
Mariner
66
Mariner
Kansas
$2.09M -$67K -1,952 -3%
California State Teachers Retirement System (CalSTRS)
67
California State Teachers Retirement System (CalSTRS)
California
$2.09M -$108K -3,142 -5%
CS
68
Credit Suisse
Switzerland
$2.07M +$159K +4,634 +8%
Legal & General Group
69
Legal & General Group
United Kingdom
$1.99M -$4.6K -134 -0.2%
Rafferty Asset Management
70
Rafferty Asset Management
New York
$1.96M +$481K +14,019 +33%
Citigroup
71
Citigroup
New York
$1.95M -$1.85K -54 -0.1%
AR
72
Advisory Research
Illinois
$1.8M +$186K +5,420 +12%
T. Rowe Price Associates
73
T. Rowe Price Associates
Maryland
$1.78M +$71.7K +2,089 +4%
EPCA
74
Elizabeth Park Capital Advisors
Ohio
$1.74M -$103K -3,000 -6%
Stifel Financial
75
Stifel Financial
Missouri
$1.69M +$557K +16,225 +51%
1 2
3
4 5

FRME Hedge Fund Activity: Q1 2024 in Review

233 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2024, worth a combined $1.49B — down 9.1% from $1.64B a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FRME positions and 23 closed out — a net gain of 6 holders — while 63 added to existing stakes and 87 trimmed.

The largest buyer was American Century Companies, adding an estimated $7.81M. The largest seller was Morgan Stanley, cutting an estimated $15.3M.

  • 233 institutional investors held First Merchants (FRME) as of Q1 2024, up from 229 in Q4 2023.
  • Funds reported $1.49B of First Merchants stock for Q1 2024, down 9.1% quarter-over-quarter.
  • 29 funds opened new First Merchants positions in Q1 2024 and 23 closed out, a net change of +6 holders.
  • The largest First Merchants buyer in Q1 2024 was American Century Companies, an estimated $7.81M added.
  • The largest First Merchants seller in Q1 2024 was Morgan Stanley, an estimated $15.3M sold.

Based on aggregated 13F filings for Q1 2024.