First Merchants
FRME
222 hedge funds and large institutions have $1.54B invested in First Merchants in 2022 Q2 according to their latest regulatory filings, with 39 funds opening new positions, 83 increasing their positions, 63 reducing their positions, and 22 closing their positions.
77% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 22
32% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 63
6% more funds holding
Funds holding: 210 → 222 (+12)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5.68% less ownership
Funds ownership: 78.47% → 72.79% (-5.7%)
12% less capital invested
Capital invested by funds: $1.75B → $1.54B (-$208M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $356K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$21M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$16.4M |
| 3 |
Morgan Stanley
New York
|
+$12M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$11M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
+$8.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Geode Capital Management
Boston,
Massachusetts
|
-$40.6M |
| 2 |
Goldman Sachs
New York
|
-$14.9M |
| 3 |
Millennium Management
New York
|
-$7.33M |
| 4 |
Marshall Wace
London,
United Kingdom
|
-$4.12M |
| 5 |
EARNEST Partners
Atlanta,
Georgia
|
-$3.65M |
FRME Hedge Fund Activity: Q2 2022 in Review
222 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2022, worth a combined $1.54B — down 12% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new FRME positions and 22 closed out — a net gain of 17 holders — while 83 added to existing stakes and 63 trimmed.
The largest buyer was American Century Companies, adding an estimated $21M. The largest seller was Geode Capital Management, cutting an estimated $40.6M.
- 222 institutional investors held First Merchants (FRME) as of Q2 2022, up from 210 in Q1 2022.
- Funds reported $1.54B of First Merchants stock for Q2 2022, down 12% quarter-over-quarter.
- 39 funds opened new First Merchants positions in Q2 2022 and 22 closed out, a net change of +17 holders.
- The largest First Merchants buyer in Q2 2022 was American Century Companies, an estimated $21M added.
- The largest First Merchants seller in Q2 2022 was Geode Capital Management, an estimated $40.6M sold.
Based on aggregated 13F filings for Q2 2022.