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First Merchants

182 hedge funds and large institutions have $1.08B invested in First Merchants in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 52 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

42% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 52

3% more capital invested

Capital invested by funds: $1.05B → $1.08B (+$32.2M)

0.73% more ownership

Funds ownership: 71.92%72.65% (+0.73%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

5% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 22

1% less funds holding

Funds holding: 184182 (-2)

Holders
182
Holders Change
-2
Holders Change %
-1.09%
% of All Funds
3.73%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
21
Increased
74
Reduced
52
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SPC
126
Sigma Planning Corp
Michigan
$299K +$22K +825 +8%
COI
127
Connable Office Inc
Michigan
$295K +$24.6K +919 +9%
PNC Financial Services Group
128
PNC Financial Services Group
Pennsylvania
$274K +$132K +4,935 +98%
MCM
129
Monarch Capital Management
Indiana
$273K
Royal Bank of Canada
130
Royal Bank of Canada
Ontario, Canada
$269K -$1.47K -55 -0.6%
Rafferty Asset Management
131
Rafferty Asset Management
New York
$239K +$232K +8,677 New
PP
132
PDT Partners
New York
$237K +$1.34K +50 +0.6%
EWM
133
Edge Wealth Management
New York
$234K
Jane Street
134
Jane Street
New York
$228K +$221K +8,254 New
RJA
135
Raymond James & Associates
Florida
$223K
Ohio Public Employees Retirement System (OPERS)
136
Ohio Public Employees Retirement System (OPERS)
Ohio
$217K -$96.5K -3,610 -31%
KWM
137
Kingsview Wealth Management
Oregon
$214K
Zurich Cantonal Bank
138
Zurich Cantonal Bank
Switzerland
$214K +$87.4K +3,270 +73%
GCA
139
Greenwood Capital Associates
South Carolina
$209K +$203K +7,583 New
Acadian Asset Management
140
Acadian Asset Management
Massachusetts
$202K -$18.6K -696 -9%
ProShare Advisors
141
ProShare Advisors
Maryland
$202K +$196K +7,335 New
IA
142
IndexIQ Advisors
New York
$185K -$12.9K -483 -7%
PAM
143
Paradigm Asset Management
New York
$183K +$108K +4,050 +156%
TRCT
144
Tower Research Capital (TRC)
New York
$183K +$178K +6,657 New
ClearBridge Investments
145
ClearBridge Investments
New York
$169K
Bank of Montreal
146
Bank of Montreal
Ontario, Canada
$167K +$88.3K +3,304 +88%
AIP
147
Ameritas Investment Partners
Nebraska
$135K
GWM
148
Geneos Wealth Management
Colorado
$130K
BWA
149
BDO Wealth Advisors
Florida
$124K
Canada Life
150
Canada Life
Manitoba, Canada
$124K +$668 +25 +0.6%

FRME Hedge Fund Activity: Q2 2020 in Review

182 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2020, worth a combined $1.08B — up 3.1% from $1.05B a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of FRME and 21 opened new positions — a net loss of 1 holder — while 52 trimmed existing stakes and 74 added.

The largest buyer was Systematic Financial Management, adding an estimated $10.8M. The largest seller was Victory Capital Management, cutting an estimated $24.3M.

  • 182 institutional investors held First Merchants (FRME) as of Q2 2020, down from 184 in Q1 2020.
  • Funds reported $1.08B of First Merchants stock for Q2 2020, up 3.1% quarter-over-quarter.
  • 21 funds opened new First Merchants positions in Q2 2020 and 22 closed out, a net change of -1 holder.
  • The largest First Merchants buyer in Q2 2020 was Systematic Financial Management, an estimated $10.8M added.
  • The largest First Merchants seller in Q2 2020 was Victory Capital Management, an estimated $24.3M sold.

Based on aggregated 13F filings for Q2 2020.