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First Merchants

182 hedge funds and large institutions have $889M invested in First Merchants in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 61 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 182182 (0)

0% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 27

1.23% less ownership

Funds ownership: 72.65%71.42% (-1.2%)

11% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 61

18% less capital invested

Capital invested by funds: $1.08B → $889M (-$194M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
182
Holders Change
Holders Change %
0%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
54
Reduced
61
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSL
76
Mackay Shields LLC
New York
$797K -$484K -19,400 -36%
PCMI
77
Paradigm Capital Management Inc
New York
$787K
VFA
78
Valeo Financial Advisors
Indiana
$784K +$822K +32,926 +3,610%
Envestnet Asset Management
79
Envestnet Asset Management
Illinois
$768K +$45.1K +1,805 +6%
AIG
80
American International Group
New York
$747K -$18.3K -734 -2%
SEI Investments
81
SEI Investments
Pennsylvania
$739K +$1.32K +53 +0.2%
VRS
82
Virginia Retirement Systems
Virginia
$734K -$182K -7,300 -19%
Deutsche Bank
83
Deutsche Bank
Germany
$691K +$56.8K +2,275 +8%
RJFSA
84
Raymond James Financial Services Advisors
Florida
$689K +$164K +6,558 +28%
Legal & General Group
85
Legal & General Group
United Kingdom
$676K -$57.6K -2,307 -7%
UBS Group
86
UBS Group
Switzerland
$656K -$240K -9,614 -25%
BO
87
BRR OpCo
Ohio
$601K -$4.89K -196 -0.7%
PAG
88
Private Advisor Group
New Jersey
$585K -$19.6K -785 -3%
Barclays
89
Barclays
United Kingdom
$570K -$135K -5,406 -18%
MIM
90
MetLife Investment Management
New Jersey
$555K
American Century Companies
91
American Century Companies
Missouri
$533K +$183K +7,347 +47%
AQR Capital Management
92
AQR Capital Management
Connecticut
$532K -$141K -5,650 -20%
DCM
93
Dupont Capital Management
Delaware
$526K -$38K -1,521 -6%
LSV Asset Management
94
LSV Asset Management
Illinois
$523K -$332K -13,280 -37%
CPIG
95
Chicago Partners Investment Group
Illinois
$497K +$4.12K +165 +0.9%
HF
96
HRT Financial
New York
$474K +$74.9K +3,000 +17%
TI
97
Trexquant Investment
Connecticut
$472K +$509K +20,388 New
Commonwealth Equity Services
98
Commonwealth Equity Services
Massachusetts
$463K -$2.07K -83 -0.4%
VOYA Investment Management
99
VOYA Investment Management
Georgia
$431K -$6.82K -273 -1%
AG
100
Aperio Group
California
$406K +$438K +17,550 New

FRME Hedge Fund Activity: Q3 2020 in Review

182 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2020, worth a combined $889M — down 18% from $1.08B a quarter earlier.

Fund positioning in FRME was balanced in Q3 2020: 27 funds opened new positions, 27 closed out, 54 added to existing stakes and 61 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $6.58M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $23.1M sold.

  • 182 institutional investors held First Merchants (FRME) as of Q3 2020, unchanged from Q2 2020.
  • Funds reported $889M of First Merchants stock for Q3 2020, down 18% quarter-over-quarter.
  • 27 funds opened new First Merchants positions in Q3 2020 and 27 closed out, a net change of 0 holders.
  • The largest First Merchants buyer in Q3 2020 was Bank of Montreal, an estimated $6.58M added.
  • The largest First Merchants seller in Q3 2020 was Vaughan Nelson Investment Management, an estimated $23.1M sold.

Based on aggregated 13F filings for Q3 2020.