First Merchants
FRME
229 hedge funds and large institutions have $1.66B invested in First Merchants in 2022 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 76 increasing their positions, 75 reducing their positions, and 15 closing their positions.
93% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 15
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% more funds holding
Funds holding: 221 → 229 (+8)
1% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 75
0% less capital invested
Capital invested by funds: $1.66B → $1.66B (-$3.46M)
4.47% less ownership
Funds ownership: 72.31% → 67.84% (-4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fisher Asset Management
Camas,
Washington
|
+$13.2M |
| 2 |
EARNEST Partners
Atlanta,
Georgia
|
+$10.4M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$6.97M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$6.06M |
| 5 |
BlackRock
New York
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DRZID
DePrince Race & Zollo Inc (DRZ)
Winter Park,
Florida
|
-$13M |
| 2 |
Millennium Management
New York
|
-$6.82M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$5.06M |
| 4 |
Schroder Investment Management Group
London,
United Kingdom
|
-$4.47M |
| 5 |
Morgan Stanley
New York
|
-$3.91M |
FRME Hedge Fund Activity: Q4 2022 in Review
229 of the 6,237 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2022, worth a combined $1.66B — down 0.21% from $1.66B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FRME positions and 15 closed out — a net gain of 14 holders — while 76 added to existing stakes and 75 trimmed.
The largest buyer was Fisher Asset Management, adding an estimated $13.2M. The largest seller was DePrince Race & Zollo Inc (DRZ), cutting an estimated $13M.
- 229 institutional investors held First Merchants (FRME) as of Q4 2022, up from 221 in Q3 2022.
- Funds reported $1.66B of First Merchants stock for Q4 2022, down 0.21% quarter-over-quarter.
- 29 funds opened new First Merchants positions in Q4 2022 and 15 closed out, a net change of +14 holders.
- The largest First Merchants buyer in Q4 2022 was Fisher Asset Management, an estimated $13.2M added.
- The largest First Merchants seller in Q4 2022 was DePrince Race & Zollo Inc (DRZ), an estimated $13M sold.
Based on aggregated 13F filings for Q4 2022.