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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
BFC
151
Bedel Financial Consulting
Indiana
$106K
TRCT
152
Tower Research Capital (TRC)
New York
$106K +$106K +2,826 New
OIA
153
Optimum Investment Advisors
Illinois
$85K
CWM
154
Cranbrook Wealth Management
Michigan
$80K +$79.1K +2,118 New
IA
155
IFP Advisors
Florida
$61K +$59.4K +1,590 New
VFA
156
Valeo Financial Advisors
Indiana
$52K -$190K -5,099 -79%
RCAG
157
Rehmann Capital Advisory Group
Michigan
$43.7K +$299 +8 +0.7%
QT
158
Quantbot Technologies
New York
$42K +$42.2K +1,130 New
PCG
159
Private Capital Group
Connecticut
$38K -$14.2K -380 -27%
Nisa Investment Advisors
160
Nisa Investment Advisors
Missouri
$38K +$3.73K +100 +11%
EW
161
Evoke Wealth
California
$31.3K +$31K +831 New
LTFS
162
Ladenburg Thalmann Financial Services
Florida
$31K +$1.46K +39 +5%
PFBT
163
Parkside Financial Bank & Trust
Missouri
$26K -$336 -9 -1%
SO
164
STRS Ohio
Ohio
$26K
Toronto Dominion Bank
165
Toronto Dominion Bank
Ontario, Canada
$22K -$14.8K -395 -41%
CAPTRUST Financial Advisors
166
CAPTRUST Financial Advisors
North Carolina
$21K -$3.66K -98 -15%
LWCFA
167
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$18K
MIFH
168
Migdal Insurance & Financial Holdings
Israel
$17K -$8.07K -216 -32%
WAP
169
Wealthcare Advisory Partners
Pennsylvania
$13K +$13.1K +351 New
FBT
170
First Bank & Trust
South Dakota
$11K +$10.9K +292 New
CI
171
CX Institutional
Indiana
$10K +$75 +2 +0.7%
RFM
172
Royal Fund Management
Florida
$8K
FEG
173
Financial Enhancement Group
Indiana
$6K
IAS
174
IMA Advisory Services
Colorado
$5K
ASN
175
Advisory Services Network
Georgia
$4K

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.