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First Merchants

253 hedge funds and large institutions have $1.74B invested in First Merchants in 2024 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 86 increasing their positions, 81 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

54% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 26

9% more capital invested

Capital invested by funds: $1.6B → $1.74B (+$146M)

4% more funds holding

Funds holding: 243253 (+10)

6% more repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 81

0.79% more ownership

Funds ownership: 73.62%74.4% (+0.79%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
253
Holders Change
+10
Holders Change %
+4.12%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.03%
New
40
Increased
86
Reduced
81
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$253M +$5.61M +138,689 +2%
BlackRock
2
BlackRock
New York
$194M -$2.79M -69,098 -1%
Dimensional Fund Advisors
3
Dimensional Fund Advisors
Texas
$140M -$1.3M -32,022 -0.9%
EARNEST Partners
4
EARNEST Partners
Georgia
$104M -$249K -6,161 -0.2%
State Street
5
State Street
Massachusetts
$87.3M +$9.41M +232,669 +12%
Geode Capital Management
6
Geode Capital Management
Massachusetts
$55.6M -$346K -8,562 -0.6%
American Century Companies
7
American Century Companies
Missouri
$55.4M -$2.93M -72,320 -5%
Goldman Sachs
8
Goldman Sachs
New York
$39.8M +$2.55M +63,023 +7%
Victory Capital Management
9
Victory Capital Management
Texas
$38.2M -$1.8M -44,594 -4%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$37.1M +$13.4M +332,168 +55%
William Blair Investment Management
11
William Blair Investment Management
Illinois
$32.7M +$806K +19,932 +2%
Principal Financial Group
12
Principal Financial Group
Iowa
$32.2M -$3.21M -79,450 -9%
SFM
13
Systematic Financial Management
New Jersey
$29.9M +$2.68M +66,380 +10%
JP Morgan Chase
14
JP Morgan Chase
New York
$29.7M +$2M +49,384 +7%
Charles Schwab
15
Charles Schwab
California
$29.2M +$375K +9,265 +1%
First Trust Advisors
16
First Trust Advisors
Illinois
$27.5M +$4.41M +108,929 +19%
PCA
17
PL Capital Advisors
Florida
$27.4M
N
18
Nuveen
North Carolina
$25M +$1.74M +43,066 +7%
Northern Trust
19
Northern Trust
Illinois
$24M -$1.59M -39,321 -6%
Capital International Investors
20
Capital International Investors
California
$23.7M +$24.1M +595,112 New
FMC
21
First Merchants Corp
Indiana
$21.9M -$524K -12,966 -2%
Public Employees Retirement Association of Colorado
22
Public Employees Retirement Association of Colorado
Colorado
$21.8M -$5.97M -147,600 -21%
Fisher Asset Management
23
Fisher Asset Management
Washington
$20.7M +$2.89M +71,472 +16%
MIIM
24
Mesirow Institutional Investment Management
Illinois
$19M +$8M +197,780 +71%
Raymond James Financial
25
Raymond James Financial
Florida
$19M +$19.3M +476,657 New

FRME Hedge Fund Activity: Q4 2024 in Review

253 of the 7,593 institutional investors tracked by Wall St. Rank reported a position in First Merchants (FRME) for Q4 2024, worth a combined $1.74B — up 9.1% from $1.6B a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new FRME positions and 26 closed out — a net gain of 14 holders — while 86 added to existing stakes and 81 trimmed.

The largest buyer was Capital International Investors, opening a new position worth an estimated $24.1M. The largest seller was Boston Partners, exiting entirely with an estimated $26.9M sold.

  • 253 institutional investors held First Merchants (FRME) as of Q4 2024, up from 243 in Q3 2024.
  • Funds reported $1.74B of First Merchants stock for Q4 2024, up 9.1% quarter-over-quarter.
  • 40 funds opened new First Merchants positions in Q4 2024 and 26 closed out, a net change of +14 holders.
  • The largest First Merchants buyer in Q4 2024 was Capital International Investors, an estimated $24.1M added.
  • The largest First Merchants seller in Q4 2024 was Boston Partners, an estimated $26.9M sold.

Based on aggregated 13F filings for Q4 2024.