First Merchants
FRME
138 hedge funds and large institutions have $761M invested in First Merchants in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 56 increasing their positions, 48 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
17% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 48
2% more funds holding
Funds holding: 135 → 138 (+3)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
3% less capital invested
Capital invested by funds: $786M → $761M (-$25M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$7.79M |
| 2 |
Geode Capital Management
Boston,
Massachusetts
|
+$7.64M |
| 3 |
PCA
PL Capital Advisors
Naples,
Florida
|
+$7.05M |
| 4 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$5.2M |
| 5 |
Millennium Management
New York
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$36.8M |
| 2 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$3.09M |
| 3 |
RFC
Russell Frank Company
Seattle,
Washington
|
-$2.11M |
| 4 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
-$1.59M |
| 5 |
SAM
Shell Asset Management
The Hague,
Netherlands
|
-$1.3M |
FRME Hedge Fund Activity: Q4 2015 in Review
138 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2015, worth a combined $761M — down 3.2% from $786M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FRME positions and 7 closed out — a net gain of 3 holders — while 56 added to existing stakes and 48 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 $761M of First Merchants stock for Q4 2015, down 3.2% 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.