First Merchants
FRME
175 hedge funds and large institutions have $1.33B invested in First Merchants in 2017 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 67 increasing their positions, 57 reducing their positions, and 19 closing their positions.
71% more call options, than puts
Call options by funds: $116K | Put options by funds: $68K
32% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 19
18% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 57
4% more funds holding
Funds holding: 169 → 175 (+6)
2.29% more ownership
Funds ownership: 78.3% → 80.59% (+2.3%)
5% more capital invested
Capital invested by funds: $1.27B → $1.33B (+$57.9M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Schroder Investment Management Group
London,
United Kingdom
|
+$11.9M |
| 2 |
BlackRock
New York
|
+$10.6M |
| 3 |
Bank of New York Mellon
New York
|
+$8.14M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$7.1M |
| 5 |
DIA
Dean Investment Associates
Beavercreek,
Ohio
|
+$6.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$11.8M |
| 2 |
JP Morgan Chase
New York
|
-$8.57M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$6.83M |
| 4 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$6.59M |
| 5 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$4.84M |
FRME Hedge Fund Activity: Q2 2017 in Review
175 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2017, worth a combined $1.33B — up 4.6% from $1.27B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FRME positions and 19 closed out — a net gain of 6 holders — while 67 added to existing stakes and 57 trimmed.
The largest buyer was Schroder Investment Management Group, opening a new position worth an estimated $11.9M. The largest seller was Banc Funds Company, cutting an estimated $11.8M.
- 175 institutional investors held First Merchants (FRME) as of Q2 2017, up from 169 in Q1 2017.
- Funds reported $1.33B of First Merchants stock for Q2 2017, up 4.6% quarter-over-quarter.
- 25 funds opened new First Merchants positions in Q2 2017 and 19 closed out, a net change of +6 holders.
- The largest First Merchants buyer in Q2 2017 was Schroder Investment Management Group, an estimated $11.9M added.
- The largest First Merchants seller in Q2 2017 was Banc Funds Company, an estimated $11.8M sold.
Based on aggregated 13F filings for Q2 2017.