We are live on ! Find out more
FRME icon

First Merchants

230 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, 76 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

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: 45 (+1)

4% more funds holding

Funds holding: 221230 (+9)

0.29% more ownership

Funds ownership: 72.33%72.62% (+0.29%)

0% more repeat investments, than reductions

Existing positions increased: 76 | Existing positions reduced: 76

0% less capital invested

Capital invested by funds: $1.67B → $1.66B (-$3.74M)

Holders
230
Holders Change
+9
Holders Change %
+4.07%
% of All Funds
3.7%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.08%
New
29
Increased
76
Reduced
76
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$264M +$6.97M +164,992 +3%
BlackRock
2
BlackRock
New York
$170M +$5.25M +124,231 +3%
EARNEST Partners
3
EARNEST Partners
Georgia
$117M +$10.4M +246,560 +10%
CCMLC
4
Cardinal Capital Management LLC (Connecticut)
Connecticut
$94.4M -$2.64M -62,458 -3%
State Street
5
State Street
Massachusetts
$63.3M -$2.73M -64,559 -4%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$46M +$1.88M +44,571 +4%
Goldman Sachs
7
Goldman Sachs
New York
$39.7M -$1.81M -42,903 -4%
Principal Financial Group
8
Principal Financial Group
Iowa
$39.5M -$3.29M -77,788 -7%
Boston Partners
9
Boston Partners
Massachusetts
$37.7M +$4.79M +113,263 +14%
William Blair Investment Management
10
William Blair Investment Management
Illinois
$36.6M -$1.43M -33,822 -4%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$36.4M -$1.81M -42,790 -5%
Victory Capital Management
12
Victory Capital Management
Texas
$34.6M -$3.58M -84,752 -9%
American Century Companies
13
American Century Companies
Missouri
$32M +$6.06M +143,478 +23%
PCA
14
PL Capital Advisors
Florida
$31.4M
N
15
Nuveen
North Carolina
$30.8M +$556K +13,162 +2%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$28.9M -$516K -12,209 -2%
Northern Trust
17
Northern Trust
Illinois
$27.7M +$150K +3,540 +0.5%
SFM
18
Systematic Financial Management
New Jersey
$25.9M -$734K -17,362 -3%
New York State Common Retirement Fund
19
New York State Common Retirement Fund
New York
$24.6M +$2.52M +59,650 +11%
Public Employees Retirement Association of Colorado
20
Public Employees Retirement Association of Colorado
Colorado
$24.2M +$165K +3,909 +0.7%
DRZID
21
DePrince Race & Zollo Inc (DRZ)
Florida
$23.8M -$13M -308,837 -35%
JP Morgan Chase
22
JP Morgan Chase
New York
$23.8M +$640K +15,146 +3%
Charles Schwab
23
Charles Schwab
California
$23.3M +$527K +12,484 +2%
EAM
24
Eagle Asset Management
Florida
$20.1M +$1.98M +46,768 +11%
Norges Bank
25
Norges Bank
Norway
$19.2M +$608K +14,400 +3%

FRME Hedge Fund Activity: Q4 2022 in Review

230 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2022, worth a combined $1.66B — down 0.22% from $1.67B 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 76 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.

  • 230 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 0.22% 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.