First Merchants
FRME
197 hedge funds and large institutions have $1.68B invested in First Merchants in 2021 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 67 increasing their positions, 61 reducing their positions, and 16 closing their positions.
25% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 16
2% more funds holding
Funds holding: 193 → 197 (+4)
10% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 61
0.21% less ownership
Funds ownership: 74.85% → 74.64% (-0.21%)
11% less capital invested
Capital invested by funds: $1.89B → $1.68B (-$207M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
+$10.5M |
| 2 |
ICOM
Investment Counselors of Maryland
Baltimore,
Maryland
|
+$9.44M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.07M |
| 4 |
MGIM
M&G Investment Management
London,
United Kingdom
|
+$6.84M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$6.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$29.2M |
| 2 |
BlackRock
New York
|
-$11.8M |
| 3 |
Bank of New York Mellon
New York
|
-$9.26M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$4.88M |
| 5 |
California Public Employees Retirement System
Sacramento,
California
|
-$4.42M |
FRME Hedge Fund Activity: Q2 2021 in Review
197 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q2 2021, worth a combined $1.68B — down 11% from $1.89B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FRME positions and 16 closed out — a net gain of 4 holders — while 67 added to existing stakes and 61 trimmed.
The largest buyer was ProShare Advisors, adding an estimated $10.5M. The largest seller was Fidelity Investments, cutting an estimated $29.2M.
- 197 institutional investors held First Merchants (FRME) as of Q2 2021, up from 193 in Q1 2021.
- Funds reported $1.68B of First Merchants stock for Q2 2021, down 11% quarter-over-quarter.
- 20 funds opened new First Merchants positions in Q2 2021 and 16 closed out, a net change of +4 holders.
- The largest First Merchants buyer in Q2 2021 was ProShare Advisors, an estimated $10.5M added.
- The largest First Merchants seller in Q2 2021 was Fidelity Investments, an estimated $29.2M sold.
Based on aggregated 13F filings for Q2 2021.