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First Merchants

135 hedge funds and large institutions have $773M invested in First Merchants in 2015 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 50 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

15% more capital invested

Capital invested by funds: $672M → $773M (+$102M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

6% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 50

4% less funds holding

Funds holding: 140135 (-5)

25% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 20

Holders
135
Holders Change
-5
Holders Change %
-3.57%
% of All Funds
3.77%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
15
Increased
47
Reduced
50
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CS
76
Credit Suisse
Switzerland
$958K -$119K -4,590 -11%
First Trust Advisors
77
First Trust Advisors
Illinois
$881K +$57.4K +2,219 +7%
SO
78
STRS Ohio
Ohio
$875K -$106K -4,100 -11%
AQR Capital Management
79
AQR Capital Management
Connecticut
$861K +$157K +6,071 +23%
ECM
80
ETrade Capital Management
Virginia
$852K +$96.1K +3,716 +13%
Fifth Third Bancorp
81
Fifth Third Bancorp
Ohio
$793K +$75.9K +2,936 +11%
Susquehanna International Group
82
Susquehanna International Group
Pennsylvania
$748K +$737K +28,512 New
PPA
83
Parametric Portfolio Associates
Washington
$733K -$993K -38,404 -58%
ZCM
84
Zebra Capital Management
Connecticut
$719K +$13.2K +510 +2%
T. Rowe Price Associates
85
T. Rowe Price Associates
Maryland
$714K +$111K +4,300 +19%
MLICM
86
Metropolitan Life Insurance Company (MetLife)
New York
$710K
BA
87
BlackRock Advisors
Delaware
$634K -$6.85K -265 -1%
AIG
88
American International Group
New York
$581K +$672 +26 +0.1%
EMFAT
89
Emerald Mutual Fund Advisers Trust
Pennsylvania
$528K -$30K -1,162 -5%
GCP
90
GSA Capital Partners
United Kingdom
$510K +$25.9K +1,000 +5%
PH
91
Pinnacle Holdings
Oklahoma
$507K
Federated Hermes
92
Federated Hermes
Pennsylvania
$469K -$936K -36,211 -67%
Citadel Advisors
93
Citadel Advisors
Florida
$467K -$1.37M -52,856 -75%
MAM
94
Martingale Asset Management
Massachusetts
$451K -$1.95M -75,246 -81%
VOYA Investment Management
95
VOYA Investment Management
Georgia
$440K -$62.7K -2,426 -13%
RBC
96
Ronald Blue & Co
Georgia
$391K +$385K +14,897 New
LTFS
97
Ladenburg Thalmann Financial Services
Florida
$368K +$3.98K +154 +1%
AFG
98
American Financial Group
Ohio
$342K
UBS AM
99
UBS AM
Illinois
$338K
RJA
100
Raymond James & Associates
Florida
$316K +$21K +812 +7%

FRME Hedge Fund Activity: Q3 2015 in Review

135 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2015, worth a combined $773M — up 15% from $672M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FRME and 15 opened new positions — a net loss of 5 holders — while 50 trimmed existing stakes and 47 added.

The largest buyer was Vaughan Nelson Investment Management, opening a new position worth an estimated $38.4M. The largest seller was Millennium Management, exiting entirely with an estimated $5.39M sold.

  • 135 institutional investors held First Merchants (FRME) as of Q3 2015, down from 140 in Q2 2015.
  • Funds reported $773M of First Merchants stock for Q3 2015, up 15% quarter-over-quarter.
  • 15 funds opened new First Merchants positions in Q3 2015 and 20 closed out, a net change of -5 holders.
  • The largest First Merchants buyer in Q3 2015 was Vaughan Nelson Investment Management, an estimated $38.4M added.
  • The largest First Merchants seller in Q3 2015 was Millennium Management, an estimated $5.39M sold.

Based on aggregated 13F filings for Q3 2015.