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First Merchants

182 hedge funds and large institutions have $889M invested in First Merchants in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 54 increasing their positions, 61 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding

Funds holding: 182182 (0)

0% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 27

1.23% less ownership

Funds ownership: 72.65%71.42% (-1.2%)

11% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 61

18% less capital invested

Capital invested by funds: $1.08B → $889M (-$194M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
182
Holders Change
Holders Change %
0%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
27
Increased
54
Reduced
61
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$113M -$6.42M -256,903 -5%
BlackRock
2
BlackRock
New York
$88.5M -$4.37M -174,930 -4%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$65.6M -$806K -32,256 -1%
EARNEST Partners
4
EARNEST Partners
Georgia
$63.3M +$268K +10,731 +0.4%
Goldman Sachs
5
Goldman Sachs
New York
$39.4M -$920K -36,840 -2%
CCMLC
6
Cardinal Capital Management LLC (Connecticut)
Connecticut
$39M +$3.57M +142,998 +9%
State Street
7
State Street
Massachusetts
$32.8M -$1.88M -75,130 -5%
Fidelity Investments
8
Fidelity Investments
Massachusetts
$29.3M +$651K +26,080 +2%
Northern Trust
9
Northern Trust
Illinois
$28.6M -$769K -30,811 -2%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$20.5M +$1.51M +60,455 +7%
Geode Capital Management
11
Geode Capital Management
Massachusetts
$18.7M +$216K +8,635 +1%
PCA
12
PL Capital Advisors
Florida
$17.4M
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$16.7M -$365K -14,632 -2%
Victory Capital Management
14
Victory Capital Management
Texas
$16.5M -$1.53M -61,332 -8%
Boston Partners
15
Boston Partners
Massachusetts
$16.3M -$668K -26,739 -4%
New York State Common Retirement Fund
16
New York State Common Retirement Fund
New York
$15.7M +$322K +12,913 +2%
Norges Bank
17
Norges Bank
Norway
$14.5M
ICOM
18
Investment Counselors of Maryland
Maryland
$13.5M +$3.13M +125,410 +27%
SFM
19
Systematic Financial Management
New Jersey
$12.8M +$3.49M +139,554 +34%
EAM
20
Eagle Asset Management
Florida
$12M +$3.18M +127,452 +33%
Principal Financial Group
21
Principal Financial Group
Iowa
$11.8M +$479K +19,198 +4%
N
22
Nuveen
North Carolina
$10.4M -$768K -30,755 -6%
Public Employees Retirement Association of Colorado
23
Public Employees Retirement Association of Colorado
Colorado
$10.2M -$486K -19,462 -4%
Charles Schwab
24
Charles Schwab
California
$9.45M +$300K +11,994 +3%
Renaissance Technologies
25
Renaissance Technologies
New York
$9.22M -$1.63M -65,387 -14%

FRME Hedge Fund Activity: Q3 2020 in Review

182 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q3 2020, worth a combined $889M — down 18% from $1.08B a quarter earlier.

Fund positioning in FRME was balanced in Q3 2020: 27 funds opened new positions, 27 closed out, 54 added to existing stakes and 61 trimmed.

The largest buyer was Bank of Montreal, adding an estimated $6.58M. The largest seller was Vaughan Nelson Investment Management, exiting entirely with an estimated $23.1M sold.

  • 182 institutional investors held First Merchants (FRME) as of Q3 2020, unchanged from Q2 2020.
  • Funds reported $889M of First Merchants stock for Q3 2020, down 18% quarter-over-quarter.
  • 27 funds opened new First Merchants positions in Q3 2020 and 27 closed out, a net change of 0 holders.
  • The largest First Merchants buyer in Q3 2020 was Bank of Montreal, an estimated $6.58M added.
  • The largest First Merchants seller in Q3 2020 was Vaughan Nelson Investment Management, an estimated $23.1M sold.

Based on aggregated 13F filings for Q3 2020.