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First Merchants

253 hedge funds and large institutions have $1.74B invested in First Merchants in 2024 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 26

9% more capital invested

Capital invested by funds: $1.6B → $1.74B (+$146M)

4% more funds holding

Funds holding: 243253 (+10)

6% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 81

0.79% more ownership

Funds ownership: 73.62%74.4% (+0.79%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
253
Holders Change
+10
Holders Change %
+4.12%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
40
Increased
86
Reduced
81
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
State Board of Administration of Florida Retirement System
101
State Board of Administration of Florida Retirement System
Florida
$1.05M
Voloridge Investment Management
102
Voloridge Investment Management
Florida
$948K +$58.8K +1,453 +7%
PNC Financial Services Group
103
PNC Financial Services Group
Pennsylvania
$940K -$52.7K -1,302 -5%
WCM
104
Wedge Capital Management
North Carolina
$939K -$8.57K -212 -0.9%
A
105
AlphaQuest
New York
$906K -$512K -12,650 -36%
BWM
106
BCGM Wealth Management
Indiana
$904K +$243 +6 +0%
CPIG
107
Chicago Partners Investment Group
Illinois
$902K +$7.97K +197 +0.9%
IA
108
IFG Advisory
Georgia
$851K -$48.8K -1,207 -5%
WB
109
WesBanco Bank
West Virginia
$843K
CAPTRUST Financial Advisors
110
CAPTRUST Financial Advisors
North Carolina
$841K +$34.8K +861 +4%
SGI
111
Summit Global Investments
Utah
$811K +$822K +20,332 New
Jones Financial Companies
112
Jones Financial Companies
Missouri
$797K +$230K +5,683 +40%
Osaic Holdings
113
Osaic Holdings
Arizona
$769K -$14.8K -367 -2%
CSS
114
Cubist Systematic Strategies
Connecticut
$711K -$1.04M -25,701 -59%
Pathstone Holdings
115
Pathstone Holdings
New Jersey
$704K -$9.51K -235 -1%
VOYA Investment Management
116
VOYA Investment Management
Georgia
$702K -$72.6K -1,794 -9%
US Bancorp
117
US Bancorp
Minnesota
$690K +$9.55K +236 +1%
ASRS
118
Arizona State Retirement System
Arizona
$677K +$3.84K +95 +0.6%
Squarepoint
119
Squarepoint
New York
$669K +$678K +16,774 New
Royal Bank of Canada
120
Royal Bank of Canada
Ontario, Canada
$655K -$44.5K -1,099 -6%
HCA
121
Harbor Capital Advisors
Illinois
$614K -$119K -2,933 -16%
SPA
122
Sentinel Pension Advisors
Massachusetts
$607K +$616K +15,228 New
Zurich Cantonal Bank
123
Zurich Cantonal Bank
Switzerland
$600K +$75.4K +1,864 +14%
AACP
124
Advantage Alpha Capital Partners
California
$596K +$67.5K +1,669 +13%
IFPG
125
Intrepid Financial Planning Group
Indiana
$586K -$4.77K -118 -0.8%

FRME Hedge Fund Activity: Q4 2024 in Review

253 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2024, worth a combined $1.74B — up 9.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new FRME positions and 26 closed out — a net gain of 14 holders — while 86 added to existing stakes and 81 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $24.1M. The largest seller was Boston Partners, exiting entirely with an estimated $26.9M sold.

  • 253 institutional investors held First Merchants (FRME) as of Q4 2024, up from 243 in Q3 2024.
  • Funds reported $1.74B of First Merchants stock for Q4 2024, up 9.1% quarter-over-quarter.
  • 40 funds opened new First Merchants positions in Q4 2024 and 26 closed out, a net change of +14 holders.
  • The largest First Merchants buyer in Q4 2024 was Capital International Investors, an estimated $24.1M added.
  • The largest First Merchants seller in Q4 2024 was Boston Partners, an estimated $26.9M sold.

Based on aggregated 13F filings for Q4 2024.