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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
RJA
126
Raymond James & Associates
Florida
$568K +$150K +3,152 +33%
DTL
127
Dynamic Technology Lab
Singapore
$560K +$593K +12,465 New
MA
128
Minerva Advisors
Pennsylvania
$538K
AG
129
Aperio Group
California
$468K +$495K +10,408 New
RJFSA
130
Raymond James Financial Services Advisors
Florida
$467K +$23.8K +500 +5%
MCM
131
Monarch Capital Management
Indiana
$465K
AA
132
ALPS Advisors
Colorado
$462K -$9.76K -205 -2%
SRAM
133
Stone Ridge Asset Management
New York
$439K
Marshall Wace
134
Marshall Wace
United Kingdom
$422K +$447K +9,385 New
ARTA
135
A.R.T. Advisors
New York
$422K +$447K +9,400 New
P
136
Pitcairn
Pennsylvania
$356K -$17.5K -367 -4%
HI
137
HBK Investments
Texas
$333K -$230K -4,843 -40%
FQ
138
First Quadrant
California
$306K
AB
139
Amalgamated Bank
New York
$300K -$2.19K -46 -0.7%
FDCDDQ
140
Federation des caisses Desjardins du Quebec
Quebec, Canada
$298K -$15.8K -332 -5%
UCFA
141
United Capital Financial Advisors
Texas
$285K -$7.8K -164 -3%
ClearBridge Investments
142
ClearBridge Investments
New York
$276K
ProShare Advisors
143
ProShare Advisors
Maryland
$272K -$22K -462 -7%
Teacher Retirement System of Texas
144
Teacher Retirement System of Texas
Texas
$262K -$197K -4,141 -42%
HAG
145
HighPoint Advisor Group
Illinois
$256K
UWPG
146
Ullmann Wealth Partners Group
Florida
$252K
Canada Life
147
Canada Life
Manitoba, Canada
$252K +$1.43K +30 +0.5%
GWM
148
Geneos Wealth Management
Colorado
$228K -$45.7K -960 -16%
ITIM
149
Indiana Trust & Investment Management
Indiana
$226K +$239K +5,015 New
Two Sigma Advisers
150
Two Sigma Advisers
New York
$225K +$238K +5,000 New

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.