First Merchants
FRME
202 hedge funds and large institutions have $1.22B invested in First Merchants in 2018 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 67 increasing their positions, 61 reducing their positions, and 25 closing their positions.
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
4% more funds holding
Funds holding: 194 → 202 (+8)
10% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 61
0.37% more ownership
Funds ownership: 71.97% → 72.33% (+0.37%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
24% less capital invested
Capital invested by funds: $1.6B → $1.22B (-$385M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.29M |
| 2 |
BlackRock
New York
|
+$6.05M |
| 3 |
Marshall Wace
London,
United Kingdom
|
+$5.04M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
+$3.87M |
| 5 |
MCM
Maltese Capital Management
New York
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCAMU
Rothschild & Co Asset Management US
Stamford,
Connecticut
|
-$9.05M |
| 2 |
Bank of New York Mellon
New York
|
-$6.19M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.4M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$3.8M |
| 5 |
Dimensional Fund Advisors
Austin,
Texas
|
-$2.72M |
FRME Hedge Fund Activity: Q4 2018 in Review
202 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2018, worth a combined $1.22B — down 24% from $1.6B a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FRME positions and 25 closed out — a net gain of 8 holders — while 67 added to existing stakes and 61 trimmed.
The largest buyer was Vanguard Group, adding an estimated $6.29M. The largest seller was Rothschild & Co Asset Management US, exiting entirely with an estimated $9.05M sold.
- 202 institutional investors held First Merchants (FRME) as of Q4 2018, up from 194 in Q3 2018.
- Funds reported $1.22B of First Merchants stock for Q4 2018, down 24% quarter-over-quarter.
- 33 funds opened new First Merchants positions in Q4 2018 and 25 closed out, a net change of +8 holders.
- The largest First Merchants buyer in Q4 2018 was Vanguard Group, an estimated $6.29M added.
- The largest First Merchants seller in Q4 2018 was Rothschild & Co Asset Management US, an estimated $9.05M sold.
Based on aggregated 13F filings for Q4 2018.