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First Merchants

194 hedge funds and large institutions have $1.6B invested in First Merchants in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 70 increasing their positions, 60 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 60

1.07% more ownership

Funds ownership: 70.89%71.97% (+1.1%)

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% more funds holding

Funds holding: 193194 (+1)

2% less capital invested

Capital invested by funds: $1.63B → $1.6B (-$26.3M)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
194
Holders Change
+1
Holders Change %
+0.52%
% of All Funds
4.43%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
18
Increased
70
Reduced
60
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AIM
101
Assured Investment Management
New York
$1.09M +$151K +3,168 +15%
BO
102
BRR OpCo
Ohio
$1.07M +$4.38K +92 +0.4%
VFA
103
Valeo Financial Advisors
Indiana
$1.06M
MIM
104
MetLife Investment Management
New Jersey
$1.02M
PAG
105
Private Advisor Group
New Jersey
$937K +$510K +10,717 +106%
PAM
106
Panagora Asset Management
Massachusetts
$933K -$2.23M -46,852 -69%
WCA
107
Westover Capital Advisors
Delaware
$866K +$608K +12,771 +197%
Citigroup
108
Citigroup
New York
$841K +$346K +7,268 +64%
Jacobs Levy Equity Management
109
Jacobs Levy Equity Management
New Jersey
$836K +$243K +5,100 +38%
Thrivent Financial for Lutherans
110
Thrivent Financial for Lutherans
Minnesota
$833K -$28.6K -600 -3%
Fifth Third Bancorp
111
Fifth Third Bancorp
Ohio
$826K -$31.1K -653 -3%
Legal & General Group
112
Legal & General Group
United Kingdom
$820K +$133K +2,793 +18%
VOYA Investment Management
113
VOYA Investment Management
Georgia
$815K
US Bancorp
114
US Bancorp
Minnesota
$754K -$454K -9,541 -36%
WG
115
Winton Group
United Kingdom
$725K +$60.1K +1,262 +8%
MLICM
116
Metropolitan Life Insurance Company (MetLife)
New York
$721K
Commonwealth Equity Services
117
Commonwealth Equity Services
Massachusetts
$708K +$154K +3,243 +26%
SFG
118
StrategIQ Financial Group
Indiana
$675K
LTFS
119
Ladenburg Thalmann Financial Services
Florida
$639K -$571 -12 -0.1%
V
120
Veritable
Delaware
$634K -$286 -6 -0%
CPIG
121
Chicago Partners Investment Group
Illinois
$604K +$3.09K +65 +0.5%
AB
122
Atlas Brown
Kentucky
$601K
Victory Capital Management
123
Victory Capital Management
Texas
$591K +$108K +2,264 +21%
KBC Group
124
KBC Group
Belgium
$581K +$615K +12,915 New
XK
125
Xact Kapitalforvaltning
Sweden
$577K

FRME Hedge Fund Activity: Q3 2018 in Review

194 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2018, worth a combined $1.6B — down 1.6% from $1.63B a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FRME positions and 17 closed out — a net gain of 1 holder — while 70 added to existing stakes and 60 trimmed.

The largest buyer was Cardinal Capital Management LLC (Connecticut), adding an estimated $20.6M. The largest seller was Vaughan Nelson Investment Management, cutting an estimated $18.4M.

  • 194 institutional investors held First Merchants (FRME) as of Q3 2018, up from 193 in Q2 2018.
  • Funds reported $1.6B of First Merchants stock for Q3 2018, down 1.6% quarter-over-quarter.
  • 18 funds opened new First Merchants positions in Q3 2018 and 17 closed out, a net change of +1 holder.
  • The largest First Merchants buyer in Q3 2018 was Cardinal Capital Management LLC (Connecticut), an estimated $20.6M added.
  • The largest First Merchants seller in Q3 2018 was Vaughan Nelson Investment Management, an estimated $18.4M sold.

Based on aggregated 13F filings for Q3 2018.