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First Merchants

298 hedge funds and large institutions have $1.79B invested in First Merchants in 2026 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 127 increasing their positions, 70 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

242% more call options, than puts

Call options by funds: $806K | Put options by funds: $236K

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

81% more repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 70

71% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 31

9% more capital invested

Capital invested by funds: $1.64B → $1.79B (+$141M)

6% more funds holding

Funds holding: 281298 (+17)

3.13% less ownership

Funds ownership: 75.9%72.76% (-3.1%)

Holders
298
Holders Change
+17
Holders Change %
+6.05%
% of All Funds
3.67%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.04%
New
53
Increased
127
Reduced
70
Closed
31
Calls
$806K
Puts
$236K
Net Calls
+$570K
Net Calls Change
+$1.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Pathstone Holdings
151
Pathstone Holdings
New Jersey
$580K
SPS
152
Susquehanna Portfolio Strategies
Pennsylvania
$559K -$436K -11,159 -44%
XT
153
XTX Topco
Cayman Islands
$558K +$563K +14,414 New
CC
154
Centiva Capital
New York
$558K +$563K +14,409 New
KAS
155
Kestra Advisory Services
Texas
$546K +$586 +15 +0.1%
KK
156
KLP Kapitalforvaltning
Norway
$534K +$50.8K +1,300 +10%
FGP
157
Freestone Grove Partners
California
$533K +$538K +13,765 New
Osaic Holdings
158
Osaic Holdings
Arizona
$530K -$24.6K -630 -4%
VVP
159
Venture Visionary Partners
Ohio
$525K +$273 +7 +0.1%
II
160
Inspire Investing
Idaho
$523K +$29.4K +753 +6%
OL
161
Odyssean LLC
Connecticut
$523K +$527K +13,501 New
SYBT
162
Stock Yards Bank & Trust
Kentucky
$510K +$515K +13,175 New
BHCM
163
Brevan Howard Capital Management
Jersey
$505K +$286K +7,331 +128%
Wealth Enhancement Advisory Services
164
Wealth Enhancement Advisory Services
Minnesota
$502K -$36.7K -941 -7%
VPIM
165
Vanguard Personalized Indexing Management
California
$493K +$497K +12,739 New
RWM
166
Ritholtz Wealth Management
New York
$489K +$493K +12,628 New
Teacher Retirement System of Texas
167
Teacher Retirement System of Texas
Texas
$480K -$214K -5,481 -31%
IFPG
168
Intrepid Financial Planning Group
Indiana
$469K
Fifth Third Bancorp
169
Fifth Third Bancorp
Ohio
$459K +$364K +9,324 +367%
KPWS
170
Kestra Private Wealth Services
Texas
$444K +$448K +11,468 New
WAM
171
Watershed Asset Management
California
$431K +$435K +11,139 New
SCM
172
Sterling Capital Management
North Carolina
$429K +$309K +7,909 +250%
VOYA Investment Management
173
VOYA Investment Management
Georgia
$421K +$18.2K +466 +4%
EC
174
EJF Capital
Virginia
$421K -$25.6K -655 -6%
Cambridge Investment Research Advisors
175
Cambridge Investment Research Advisors
Iowa
$414K +$417K +10,682 New