First Merchants
FRME
183 hedge funds and large institutions have $1.08B invested in First Merchants in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 52 reducing their positions, and 21 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 52
5% more capital invested
Capital invested by funds: $1.03B → $1.08B (+$54.5M)
2.26% more ownership
Funds ownership: 70.4% → 72.65% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 21
1% less funds holding
Funds holding: 184 → 183 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFM
Systematic Financial Management
Teaneck,
New Jersey
|
+$10.8M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$5.86M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
+$4.96M |
| 4 |
Principal Financial Group
Des Moines,
Iowa
|
+$4.04M |
| 5 |
Nordea Investment Management
Stockholm,
Sweden
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Allianz Asset Management
Munich,
Germany
|
-$10.4M |
| 2 |
NPIC
Neumeier Poma Investment Counsel
Carmel,
California
|
-$10.3M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
-$5.43M |
| 4 |
Renaissance Technologies
New York
|
-$3.95M |
| 5 |
BlackRock
New York
|
-$2.37M |
FRME Hedge Fund Activity: Q2 2020 in Review
183 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2020, worth a combined $1.08B — up 5.3% from $1.03B a quarter earlier.
Fund positioning in FRME was balanced in Q2 2020: 21 funds opened new positions, 21 closed out, 74 added to existing stakes and 52 trimmed.
The largest buyer was Systematic Financial Management, adding an estimated $10.8M. The largest seller was Allianz Asset Management, cutting an estimated $10.4M.
- 183 institutional investors held First Merchants (FRME) as of Q2 2020, down from 184 in Q1 2020.
- Funds reported $1.08B of First Merchants stock for Q2 2020, up 5.3% quarter-over-quarter.
- 21 funds opened new First Merchants positions in Q2 2020 and 21 closed out, a net change of 0 holders.
- The largest First Merchants buyer in Q2 2020 was Systematic Financial Management, an estimated $10.8M added.
- The largest First Merchants seller in Q2 2020 was Allianz Asset Management, an estimated $10.4M sold.
Based on aggregated 13F filings for Q2 2020.