First Merchants
FRME
255 hedge funds and large institutions have $1.74B invested in First Merchants in 2024 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 85 increasing their positions, 81 reducing their positions, and 26 closing their positions.
62% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 26
57% more capital inflows, than outflows
Capital inflows: $151M | Capital outflows: $96.7M
5% more funds holding
Funds holding: 243 → 255 (+12)
1.2% more ownership
Funds ownership: 73.21% → 74.4% (+1.2%)
5% more repeat investments, than reductions
Existing positions increased: 85 | Existing positions reduced: 81
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$24.1M |
| 2 |
Bank of New York Mellon
New York
|
+$13.4M |
| 3 |
State Street
Boston,
Massachusetts
|
+$9.41M |
| 4 |
Ceredex Value Advisors
Orlando,
Florida
|
+$9.23M |
| 5 |
Mesirow Institutional Investment Management
Chicago,
Illinois
|
+$8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$26.9M |
| 2 |
Millennium Management
New York
|
-$11.7M |
| 3 |
Guggenheim Capital
Chicago,
Illinois
|
-$7.95M |
| 4 |
Public Employees Retirement Association of Colorado
Denver,
Colorado
|
-$5.97M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$3.21M |
FRME Hedge Fund Activity: Q4 2024 in Review
255 of the 7,621 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: 42 funds opened new FRME positions and 26 closed out — a net gain of 16 holders — while 85 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.
- 255 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.
- 42 funds opened new First Merchants positions in Q4 2024 and 26 closed out, a net change of +16 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.