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First Merchants

169 hedge funds and large institutions have $1.27B invested in First Merchants in 2017 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 58 increasing their positions, 60 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

176% more call options, than puts

Call options by funds: $185K | Put options by funds: $67K

25% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 20

9% more capital invested

Capital invested by funds: $1.16B → $1.27B (+$107M)

2.58% more ownership

Funds ownership: 75.73%78.3% (+2.6%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1% less funds holding

Funds holding: 170169 (-1)

3% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 60

Holders
169
Holders Change
-1
Holders Change %
-0.59%
% of All Funds
4.21%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
25
Increased
58
Reduced
60
Closed
20
Calls
$185K
Puts
$67K
Net Calls
+$118K
Net Calls Change
+$118K
Name Holding Trade Value Shares
Change
Change in
Stake
V
101
Veritable
Delaware
$702K
CIP
102
Convergence Investment Partners
Florida
$671K +$665K +17,062 New
VOYA Investment Management
103
VOYA Investment Management
Georgia
$660K
GCP
104
GSA Capital Partners
United Kingdom
$659K -$172K -4,424 -21%
SFG
105
StrategIQ Financial Group
Indiana
$649K -$156K -4,000 -19%
Legal & General Group
106
Legal & General Group
United Kingdom
$589K +$195K +5,013 +50%
LTFS
107
Ladenburg Thalmann Financial Services
Florida
$584K +$6.35K +163 +1%
UBS AM
108
UBS AM
Illinois
$561K +$299K +7,664 +116%
UFF
109
USA Financial Formulas
Michigan
$560K +$555K +14,245 New
1GA
110
1st Global Advisors
Texas
$512K +$65K +1,667 +15%
FEG
111
Financial Enhancement Group
Indiana
$508K -$209K -5,369 -29%
Two Sigma Advisers
112
Two Sigma Advisers
New York
$498K +$144K +3,700 +41%
AA
113
ALPS Advisors
Colorado
$471K -$140K -3,598 -23%
MA
114
Minerva Advisors
Pennsylvania
$470K
CC
115
Cannell & Co
New York
$393K
TCM
116
Teza Capital Management
Illinois
$392K +$388K +9,960 New
SO
117
STRS Ohio
Ohio
$389K
RJFSA
118
Raymond James Financial Services Advisors
Florida
$387K
RBC
119
Ronald Blue & Co
Georgia
$374K -$73.1K -1,874 -16%
AWCI
120
Alpine Woods Capital Investors
New York
$354K
HAG
121
HighPoint Advisor Group
Illinois
$301K +$15.2K +390 +6%
LPL Financial
122
LPL Financial
California
$288K
AL
123
Airain Ltd
Guernsey
$287K -$98.2K -2,520 -26%
SG Americas Securities
124
SG Americas Securities
New York
$286K +$284K +7,283 New
P
125
Pitcairn
Pennsylvania
$282K -$19.9K -510 -7%

FRME Hedge Fund Activity: Q1 2017 in Review

169 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2017, worth a combined $1.27B — up 9.2% from $1.16B a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new FRME positions and 20 closed out — a net gain of 5 holders — while 58 added to existing stakes and 60 trimmed.

The largest buyer was BlackRock, adding an estimated $132M. The largest seller was Allianz Asset Management, cutting an estimated $15.9M.

  • 169 institutional investors held First Merchants (FRME) as of Q1 2017, down from 170 in Q4 2016.
  • Funds reported $1.27B of First Merchants stock for Q1 2017, up 9.2% quarter-over-quarter.
  • 25 funds opened new First Merchants positions in Q1 2017 and 20 closed out, a net change of +5 holders.
  • The largest First Merchants buyer in Q1 2017 was BlackRock, an estimated $132M added.
  • The largest First Merchants seller in Q1 2017 was Allianz Asset Management, an estimated $15.9M sold.

Based on aggregated 13F filings for Q1 2017.