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First Merchants

138 hedge funds and large institutions have $748M invested in First Merchants in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 57 increasing their positions, 47 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 7

21% more repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 47

2% more funds holding

Funds holding: 135138 (+3)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

3% less capital invested

Capital invested by funds: $773M → $748M (-$25.8M)

Holders
138
Holders Change
+3
Holders Change %
+2.22%
% of All Funds
3.62%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
10
Increased
57
Reduced
47
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Dimensional Fund Advisors
1
Dimensional Fund Advisors
Texas
$77.1M +$402K +15,264 +0.5%
VNIM
2
Vaughan Nelson Investment Management
Texas
$42.8M +$5.2M +197,550 +13%
Wellington Management Group
3
Wellington Management Group
Massachusetts
$40.3M -$36.8M -1,397,342 -47%
CCCPI
4
Castle Creek Capital Partners IV
California
$35.5M
Vanguard Group
5
Vanguard Group
Pennsylvania
$35.3M +$1.46M +55,319 +4%
EM
6
Endicott Management
New York
$34.9M -$1M -38,070 -3%
Goldman Sachs
7
Goldman Sachs
New York
$30.9M +$7.79M +295,874 +32%
Allianz Asset Management
8
Allianz Asset Management
Germany
$29.7M +$1.5M +56,916 +5%
BIT
9
BlackRock Institutional Trust
California
$27.6M +$132K +5,026 +0.5%
Lord, Abbett & Co
10
Lord, Abbett & Co
New Jersey
$25.1M +$549K +20,850 +2%
BFA
11
BlackRock Fund Advisors
California
$25M +$1.14M +43,380 +5%
Northern Trust
12
Northern Trust
Illinois
$23.1M +$157K +5,980 +0.7%
PCA
13
PL Capital Advisors
Florida
$20.6M +$7.05M +267,797 +49%
Renaissance Technologies
14
Renaissance Technologies
New York
$20.1M +$766K +29,100 +4%
BFC
15
Banc Funds Company
Illinois
$16.1M -$1.02M -38,900 -6%
State Street
16
State Street
Massachusetts
$15.5M +$21.1K +800 +0.1%
Geode Capital Management
17
Geode Capital Management
Massachusetts
$15.4M +$7.64M +289,941 +92%
SFM
18
Systematic Financial Management
New Jersey
$13.3M -$571K -21,675 -4%
DRZID
19
DePrince Race & Zollo Inc (DRZ)
Florida
$12M -$3.09M -117,253 -20%
ICOM
20
Investment Counselors of Maryland
Maryland
$11.5M
New York State Common Retirement Fund
21
New York State Common Retirement Fund
New York
$10.7M +$50K +1,900 +0.5%
WCM
22
Wedge Capital Management
North Carolina
$8.89M -$102K -3,855 -1%
CCM
23
Castine Capital Management
Massachusetts
$7.69M
LSV Asset Management
24
LSV Asset Management
Illinois
$7.59M -$277K -10,500 -3%
Public Employees Retirement Association of Colorado
25
Public Employees Retirement Association of Colorado
Colorado
$7.12M +$1.68M +63,779 +29%

FRME Hedge Fund Activity: Q4 2015 in Review

138 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2015, worth a combined $748M — down 3.3% from $773M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FRME positions and 7 closed out — a net gain of 3 holders — while 57 added to existing stakes and 47 trimmed.

The largest buyer was Goldman Sachs, adding an estimated $7.79M. The largest seller was Wellington Management Group, cutting an estimated $36.8M.

  • 138 institutional investors held First Merchants (FRME) as of Q4 2015, up from 135 in Q3 2015.
  • Funds reported $748M of First Merchants stock for Q4 2015, down 3.3% quarter-over-quarter.
  • 10 funds opened new First Merchants positions in Q4 2015 and 7 closed out, a net change of +3 holders.
  • The largest First Merchants buyer in Q4 2015 was Goldman Sachs, an estimated $7.79M added.
  • The largest First Merchants seller in Q4 2015 was Wellington Management Group, an estimated $36.8M sold.

Based on aggregated 13F filings for Q4 2015.