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First Merchants

211 hedge funds and large institutions have $1.42B invested in First Merchants in 2023 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 86 increasing their positions, 59 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

46% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 59

0.08% less ownership

Funds ownership: 72.62%72.53% (-0.08%)

8% less funds holding

Funds holding: 230211 (-19)

14% less capital invested

Capital invested by funds: $1.66B → $1.42B (-$238M)

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
211
Holders Change
-19
Holders Change %
-8.26%
% of All Funds
3.36%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
16
Increased
86
Reduced
59
Closed
31
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DFCM
176
Dark Forest Capital Management
Puerto Rico
$35.4K +$6.26K +158 +17%
SIS
177
Strategic Investment Solutions
Illinois
$35.3K +$42.4K +1,071 New
PFBT
178
Parkside Financial Bank & Trust
Missouri
$33.4K +$4.28K +108 +12%
QCG
179
Quadrant Capital Group
Ohio
$30.7K +$4.24K +107 +13%
CWM
180
Cranbrook Wealth Management
Michigan
$23.1K
QL
181
Quarry LP
New York
$22.3K +$16.5K +416 +159%
Lazard Asset Management
182
Lazard Asset Management
New York
$21K
LC
183
Lindbrook Capital
California
$20.8K +$317 +8 +1%
Ohio Public Employees Retirement System (OPERS)
184
Ohio Public Employees Retirement System (OPERS)
Ohio
$20K +$990 +25 +4%
S
185
SignatureFD
Georgia
$19.7K +$1.82K +46 +8%
Nisa Investment Advisors
186
Nisa Investment Advisors
Missouri
$18K
BC
187
Bartlett & Co
Ohio
$14K
BCWM
188
Bartlett & Co Wealth Management
Ohio
$13.5K
Nomura Asset Management
189
Nomura Asset Management
Japan
$11.9K
HS
190
Horan Securities
United States
$8.87K -$16.9K -426 -61%
SWM
191
Spire Wealth Management
Virginia
$7.08K
Bessemer Group
192
Bessemer Group
New Jersey
$7K +$8.79K +222 New
TWA
193
TCI Wealth Advisors
Arizona
$6.69K +$7.88K +199 +4,975%
PA
194
Parallel Advisors
California
$4.51K +$1.82K +46 +51%
FHA
195
First Horizon Advisors
Tennessee
$4.12K -$4.83K -122 -49%
HWA
196
HHM Wealth Advisors
Tennessee
$4.02K +$4.83K +122 New
CFGS
197
Concourse Financial Group Securities
Alabama
$3.36K +$475 +12 +13%
CWC
198
Carolinas Wealth Consulting
North Carolina
$3.33K +$792 +20 +25%
SIS
199
Sound Income Strategies
Florida
$2.93K
CAM
200
ClariVest Asset Management
California
$2K -$277 -7 -13%

FRME Hedge Fund Activity: Q1 2023 in Review

211 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2023, worth a combined $1.42B — down 14% from $1.66B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FRME and 16 opened new positions — a net loss of 15 holders — while 59 trimmed existing stakes and 86 added.

The largest buyer was EARNEST Partners, adding an estimated $9.6M. The largest seller was Pier Capital, exiting entirely with an estimated $9.9M sold.

  • 211 institutional investors held First Merchants (FRME) as of Q1 2023, down from 230 in Q4 2022.
  • Funds reported $1.42B of First Merchants stock for Q1 2023, down 14% quarter-over-quarter.
  • 16 funds opened new First Merchants positions in Q1 2023 and 31 closed out, a net change of -15 holders.
  • The largest First Merchants buyer in Q1 2023 was EARNEST Partners, an estimated $9.6M added.
  • The largest First Merchants seller in Q1 2023 was Pier Capital, an estimated $9.9M sold.

Based on aggregated 13F filings for Q1 2023.