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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
BAM
201
Belpointe Asset Management
Nevada
$1.75K
Commonwealth Equity Services
202
Commonwealth Equity Services
Massachusetts
$1.16K +$5.78K +146 +0.4%
Carson Wealth (CWM LLC)
203
Carson Wealth (CWM LLC)
Nebraska
$1K -$5.23K -132 -75%
JWA
204
JFS Wealth Advisors
Pennsylvania
$758 -$1.03K -26 -53%
FFA
205
Farther Finance Advisors
California
$593 -$356 -9 -33%
SC
206
Schubert & Co
Texas
$528 -$753 -19 -54%
BIA
207
Bell Investment Advisors
California
$495 +$594 +15 New
DI
208
Disciplined Investments
Oklahoma
$395 +$40 +1 +9%
SIC
209
SJS Investment Consulting
Ohio
$132 -$515 -13 -76%
TWP
210
TFO Wealth Partners
Ohio
$99 -$4.79K -121 -98%
NFSG
211
Newbridge Financial Services Group
Florida
$48
PC
212
Pier Capital
Connecticut
-$9.9M -240,751 Closed
BCM
213
Bridgeway Capital Management
Texas
-$3.43M -83,486 Closed
PNC
214
Park National Corp
Ohio
-$2.09M -50,947 Closed
Renaissance Technologies
215
Renaissance Technologies
New York
-$1.1M -26,820 Closed
Squarepoint
216
Squarepoint
New York
-$618K -15,034 Closed
NYLIM
217
New York Life Investment Management
New York
-$560K -13,633 Closed
BFG
218
Beacon Financial Group
Texas
-$555K -13,491 Closed
SSA
219
Schonfeld Strategic Advisors
New York
-$535K -13,025 Closed
TF
220
TIAA FSB
Florida
-$517K -12,577 Closed
Natixis Advisors
221
Natixis Advisors
Massachusetts
-$473K -11,505 Closed
GCP
222
GSA Capital Partners
United Kingdom
-$470K -11,436 Closed
AIM
223
Aigen Investment Management
New York
-$456K -11,097 Closed
DCM
224
Dupont Capital Management
Delaware
-$349K -8,478 Closed
Jane Street
225
Jane Street
New York
-$327K -7,960 Closed

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.