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First Merchants

183 hedge funds and large institutions have $1.5B invested in First Merchants in 2019 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 72 increasing their positions, 56 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

29% more repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 56

7% more capital invested

Capital invested by funds: $1.41B → $1.5B (+$97.4M)

2% less funds holding

Funds holding: 186183 (-3)

3.51% less ownership

Funds ownership: 74.79%71.27% (-3.5%)

13% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 23

Holders
183
Holders Change
-3
Holders Change %
-1.61%
% of All Funds
4.01%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
20
Increased
72
Reduced
56
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ECM
126
ETrade Capital Management
Virginia
$312K +$75 +2 +0%
AB
127
Amalgamated Bank
New York
$299K +$21.7K +580 +8%
B
128
Bailard
California
$275K +$273K +7,300 New
KeyBank National Association
129
KeyBank National Association
Ohio
$264K -$187K -5,000 -42%
TI
130
Trexquant Investment
Connecticut
$264K +$262K +7,026 New
FQ
131
First Quadrant
California
$256K
AG
132
Aperio Group
California
$255K +$23.6K +631 +10%
AG
133
Advisor Group
Arizona
$244K +$170K +4,542 +238%
HAG
134
HighPoint Advisor Group
Illinois
$241K -$12.8K -344 -6%
GCA
135
Greenwood Capital Associates
South Carolina
$235K +$2.13K +57 +0.9%
ProShare Advisors
136
ProShare Advisors
Maryland
$234K +$17.4K +466 +8%
ClearBridge Investments
137
ClearBridge Investments
New York
$231K
SFI
138
Susquehanna Fundamental Investments
Pennsylvania
$230K +$228K +6,100 New
SIM
139
Spark Investment Management
New York
$223K +$222K +5,941 New
Thrivent Financial for Lutherans
140
Thrivent Financial for Lutherans
Minnesota
$220K -$19.8K -530 -8%
UWPG
141
Ullmann Wealth Partners Group
Florida
$211K
AAMU
142
Amundi Asset Management US
Massachusetts
$196K +$41.1K +1,100 +27%
GWM
143
Geneos Wealth Management
Colorado
$193K
AIP
144
Ameritas Investment Partners
Nebraska
$175K +$16.2K +433 +10%
Zurich Cantonal Bank
145
Zurich Cantonal Bank
Switzerland
$150K
Fifth Third Bancorp
146
Fifth Third Bancorp
Ohio
$144K +$5.12K +137 +4%
MAM
147
Meeder Asset Management
Ohio
$135K +$1.34K +36 +1%
KBC Group
148
KBC Group
Belgium
$130K -$650K -17,414 -83%
SG Americas Securities
149
SG Americas Securities
New York
$120K -$64K -1,714 -35%
PAM
150
Paradigm Asset Management
New York
$117K

FRME Hedge Fund Activity: Q3 2019 in Review

183 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2019, worth a combined $1.5B — up 6.9% from $1.41B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of FRME and 20 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 72 added.

The largest buyer was Victory Capital Management, adding an estimated $27.7M. The largest seller was Nuveen, cutting an estimated $10.2M.

  • 183 institutional investors held First Merchants (FRME) as of Q3 2019, down from 186 in Q2 2019.
  • Funds reported $1.5B of First Merchants stock for Q3 2019, up 6.9% quarter-over-quarter.
  • 20 funds opened new First Merchants positions in Q3 2019 and 23 closed out, a net change of -3 holders.
  • The largest First Merchants buyer in Q3 2019 was Victory Capital Management, an estimated $27.7M added.
  • The largest First Merchants seller in Q3 2019 was Nuveen, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2019.