First Merchants
FRME
193 hedge funds and large institutions have $1.63B invested in First Merchants in 2018 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 63 increasing their positions, 68 reducing their positions, and 15 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
13% more capital invested
Capital invested by funds: $1.44B → $1.63B (+$193M)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
1.32% more ownership
Funds ownership: 69.58% → 70.89% (+1.3%)
1% more funds holding
Funds holding: 191 → 193 (+2)
7% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$19.1M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$11.4M |
| 3 |
PC
Pier Capital
Stamford,
Connecticut
|
+$10.9M |
| 4 |
CCMLC
Cardinal Capital Management LLC (Connecticut)
Greenwich,
Connecticut
|
+$9.61M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$5.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
-$7.69M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.38M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$6.42M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$3.91M |
| 5 |
Millennium Management
New York
|
-$3.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACI
201
Alpha Cubed Investments
Irvine,
California
| – | -$417K | -10,000 | Closed |
|
|
RQS
202
Ramsey Quantitative Systems
Louisville,
Kentucky
| – | -$292K | -6,996 | Closed |
|
203
Jane Street
New York
| – | -$257K | -6,152 | Closed |
|
204
HSBC Holdings
London,
United Kingdom
| – | -$202K | -4,851 | Closed |
|
|
QT
205
Quantbot Technologies
New York
| – | -$91K | -2,189 | Closed |
|
|
TRCT
206
Tower Research Capital (TRC)
New York
| – | -$30K | -717 | Closed |
|
|
APP
207
Avantax Planning Partners
Dubuque,
Iowa
| – | -$4K | -85 | Closed |
|
|
ML
208
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$3K | -62 | Closed |
|
FRME Hedge Fund Activity: Q2 2018 in Review
193 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2018, worth a combined $1.63B — up 13% from $1.44B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FRME positions and 15 closed out — a net gain of 2 holders — while 63 added to existing stakes and 68 trimmed.
The largest buyer was BlackRock, adding an estimated $19.1M. The largest seller was Lord, Abbett & Co, cutting an estimated $7.69M.
- 193 institutional investors held First Merchants (FRME) as of Q2 2018, up from 191 in Q1 2018.
- Funds reported $1.63B of First Merchants stock for Q2 2018, up 13% quarter-over-quarter.
- 17 funds opened new First Merchants positions in Q2 2018 and 15 closed out, a net change of +2 holders.
- The largest First Merchants buyer in Q2 2018 was BlackRock, an estimated $19.1M added.
- The largest First Merchants seller in Q2 2018 was Lord, Abbett & Co, an estimated $7.69M sold.
Based on aggregated 13F filings for Q2 2018.