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First Merchants

121 hedge funds and large institutions have $537M invested in First Merchants in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 39

4% less capital invested

Capital invested by funds: $559M → $537M (-$21.7M)

4% less funds holding

Funds holding: 126121 (-5)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

Holders
121
Holders Change
-5
Holders Change %
-3.97%
% of All Funds
3.49%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
12
Increased
44
Reduced
39
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Fifth Third Bancorp
101
Fifth Third Bancorp
Ohio
$157K +$154K +7,270 New
FQ
102
First Quadrant
California
$147K -$67.9K -3,200 -32%
ECM
103
ETrade Capital Management
Virginia
$108K +$80.8K +3,812 +322%
MAM
104
Meeder Asset Management
Ohio
$72K
PNC Financial Services Group
105
PNC Financial Services Group
Pennsylvania
$53K +$2.54K +120 +5%
OIA
106
Optimum Investment Advisors
Illinois
$49K
Barclays
107
Barclays
United Kingdom
$30K -$44.3K -2,087 -59%
SGAM
108
Smith Group Asset Management
Texas
$30K
TRCT
109
Tower Research Capital (TRC)
New York
$28K +$26.9K +1,269 +9,064%
Teacher Retirement System of Texas
110
Teacher Retirement System of Texas
Texas
$27K -$848 -40 -3%
BlackRock
111
BlackRock
New York
$17K
U
112
UBS
Switzerland
$16K -$99.6K -4,695 -87%
SF
113
Synovus Financial
Georgia
$15K
US Bancorp
114
US Bancorp
Minnesota
$14K -$2.04K -96 -13%
LWCFA
115
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$14K
FMT
116
First Mercantile Trust
Tennessee
$11K +$170 +8 +2%
Manulife (Manufacturers Life Insurance)
117
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$9.62K +$2.65K +125 +0%
Envestnet Asset Management
118
Envestnet Asset Management
Illinois
$8K +$4.33K +204 +117%
Creative Planning
119
Creative Planning
Kansas
$6K +$5.51K +260 New
BNP Paribas Financial Markets
120
BNP Paribas Financial Markets
France
$1.8K -$8.31K -392 -82%
GC
121
Globeflex Capital
California
$1K
WCM
122
Wedge Capital Management
North Carolina
-$1.4M -61,700 Closed
QI
123
QS Investors
New York
-$1.15M -50,400 Closed
BP
124
Boston Provident
New Jersey
-$584K -25,684 Closed
NI
125
Numeric Investors
Massachusetts
-$429K -18,900 Closed

FRME Hedge Fund Activity: Q1 2014 in Review

121 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2014, worth a combined $537M — down 3.9% from $559M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FRME and 12 opened new positions — a net loss of 5 holders — while 39 trimmed existing stakes and 44 added.

The largest buyer was Wellington Management Group, adding an estimated $9.37M. The largest seller was Bryn Mawr Capital Management Inc, cutting an estimated $7.89M.

  • 121 institutional investors held First Merchants (FRME) as of Q1 2014, down from 126 in Q4 2013.
  • Funds reported $537M of First Merchants stock for Q1 2014, down 3.9% quarter-over-quarter.
  • 12 funds opened new First Merchants positions in Q1 2014 and 17 closed out, a net change of -5 holders.
  • The largest First Merchants buyer in Q1 2014 was Wellington Management Group, an estimated $9.37M added.
  • The largest First Merchants seller in Q1 2014 was Bryn Mawr Capital Management Inc, an estimated $7.89M sold.

Based on aggregated 13F filings for Q1 2014.