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First Merchants

193 hedge funds and large institutions have $1.89B invested in First Merchants in 2021 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 64 increasing their positions, 70 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

64% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 14

24% more capital invested

Capital invested by funds: $1.52B → $1.89B (+$367M)

4% more funds holding

Funds holding: 185193 (+8)

0.19% less ownership

Funds ownership: 75.04%74.85% (-0.19%)

9% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 70

Holders
193
Holders Change
+8
Holders Change %
+4.32%
% of All Funds
3.39%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
23
Increased
64
Reduced
70
Closed
14
Calls
$237K
Puts
Net Calls
+$237K
Net Calls Change
+$237K
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$239M +$4.38M +101,637 +2%
BlackRock
2
BlackRock
New York
$194M +$10.2M +237,805 +6%
EARNEST Partners
3
EARNEST Partners
Georgia
$140M +$10.9M +253,088 +9%
Dimensional Fund Advisors
4
Dimensional Fund Advisors
Texas
$125M -$4.51M -104,555 -4%
CCMLC
5
Cardinal Capital Management LLC (Connecticut)
Connecticut
$111M +$7.47M +173,283 +8%
State Street
6
State Street
Massachusetts
$77.5M +$8.94M +207,514 +14%
Goldman Sachs
7
Goldman Sachs
New York
$70M -$6.33M -146,921 -9%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$57.7M +$1.13M +26,173 +2%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$42.7M +$3.42M +79,375 +9%
Northern Trust
10
Northern Trust
Illinois
$40.7M -$14.2M -330,397 -27%
PCA
11
PL Capital Advisors
Florida
$34.9M
Principal Financial Group
12
Principal Financial Group
Iowa
$32.8M +$2.53M +58,770 +9%
Manulife (Manufacturers Life Insurance)
13
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$32.7M -$555K -12,892 -2%
New York State Common Retirement Fund
14
New York State Common Retirement Fund
New York
$31.4M
Boston Partners
15
Boston Partners
Massachusetts
$30.6M -$461K -10,700 -2%
ICOM
16
Investment Counselors of Maryland
Maryland
$29.9M +$942K +21,859 +4%
Fidelity Investments
17
Fidelity Investments
Massachusetts
$29.8M -$3.56M -82,510 -11%
Victory Capital Management
18
Victory Capital Management
Texas
$28.9M -$1.72M -39,984 -6%
JP Morgan Chase
19
JP Morgan Chase
New York
$27.3M +$2.1M +48,721 +9%
Schroder Investment Management Group
20
Schroder Investment Management Group
United Kingdom
$27.2M +$1.92M +44,650 +8%
DRZID
21
DePrince Race & Zollo Inc (DRZ)
Florida
$27.2M +$2.02M +46,854 +9%
SFM
22
Systematic Financial Management
New Jersey
$24.6M -$341K -7,922 -1%
Norges Bank
23
Norges Bank
Norway
$22.3M -$5.39M -125,186 -21%
Public Employees Retirement Association of Colorado
24
Public Employees Retirement Association of Colorado
Colorado
$20.5M -$21.2K -493 -0.1%
Charles Schwab
25
Charles Schwab
California
$20.5M +$625K +14,505 +3%

FRME Hedge Fund Activity: Q1 2021 in Review

193 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q1 2021, worth a combined $1.89B — up 24% from $1.52B a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FRME positions and 14 closed out — a net gain of 9 holders — while 64 added to existing stakes and 70 trimmed.

The largest buyer was EARNEST Partners, adding an estimated $10.9M. The largest seller was Northern Trust, cutting an estimated $14.2M.

  • 193 institutional investors held First Merchants (FRME) as of Q1 2021, up from 185 in Q4 2020.
  • Funds reported $1.89B of First Merchants stock for Q1 2021, up 24% quarter-over-quarter.
  • 23 funds opened new First Merchants positions in Q1 2021 and 14 closed out, a net change of +9 holders.
  • The largest First Merchants buyer in Q1 2021 was EARNEST Partners, an estimated $10.9M added.
  • The largest First Merchants seller in Q1 2021 was Northern Trust, an estimated $14.2M sold.

Based on aggregated 13F filings for Q1 2021.