FIRST MERCHANTS CORP (FRME)
Institutional ownership reported to the SEC as of Q2 2026, across 31 quarters.
Institutions report 46,602,921 shares against 62,801,423 outstanding. Shares only - option lines are excluded, which is why this can be compared with the company at all. The count comes from the cover page of the company's own most recent report, so it is dated when that was filed rather than at quarter end.
Options share is the part of reported value carried in derivative lines rather than shares. A high figure means institutions are expressing a view on this security without owning much of it.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $232.6M | 5,324,728 | 0.00% | 8q | +8.7%+$18.6M |
| DIMENSIONAL FUND ADVISORS LP | $161.2M | 3,689,776 | 0.03% | 31q | +2.6%+$4.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $148.7M | 3,402,832 | 0.01% | 2q | +1.3%+$1.9M |
| VANGUARD CAPITAL MANAGEMENT LLC | $118.9M | 2,720,680 | 0.00% | 2q | HELD |
| STATE STREET CORP | $111.5M | 2,551,308 | 0.00% | 31q | +13.9%+$13.6M |
| EARNEST PARTNERS LLC | $95.0M | 2,174,024 | 0.34% | 29q | -3.6%-$3.6M |
| GEODE CAPITAL MANAGEMENT, LLC | $73.0M | 1,670,991 | 0.00% | 31q | +6.2%+$4.2M |
| Nuveen, LLC | $46.3M | 1,058,876 | 0.01% | 6q | +1.5%+$679.5K |
| VICTORY CAPITAL MANAGEMENT INC | $45.6M | 1,042,728 | 0.03% | 31q | +4.8%+$2.1M |
| SYSTEMATIC FINANCIAL MANAGEMENT LP | $37.2M | 850,405 | 0.74% | 31q | -1.3%-$506.4K |
| FIRST TRUST ADVISORS LP | $33.9M | 776,088 | 0.02% | 31q | +7.0%+$2.2M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $31.1M | 711,910 | 0.00% | 31q | -1.0%-$328.3K |
| Sixth Street Partners Management Company, L.P. | $31.1M | 711,910 | 0.00% | new | NEW |
| FJ Capital Management LLC | $31.1M | 711,425 | 4.03% | 4q | HELD |
| GOLDMAN SACHS GROUP INC | $30.5M | 697,055 | 0.00% | 31q | -38.7%-$19.2M |
| WELLINGTON MANAGEMENT GROUP LLP | $30.4M | 696,621 | 0.01% | 3q | -30.8%-$13.6M |
| PL Capital Advisors, LLC | $30.0M | 686,333 | 8.34% | 31q | HELD |
| NORTHERN TRUST CORP | $29.9M | 683,988 | 0.00% | 31q | +4.7%+$1.3M |
| Qube Research & Technologies Ltd | $28.3M | 648,844 | 0.03% | 14q | HELD |
| JPMORGAN CHASE & CO | $27.9M | 639,609 | 0.00% | 31q | +20.7%+$4.8M |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $27.2M | 622,443 | 0.08% | 21q | -21.2%-$7.3M |
| AQR CAPITAL MANAGEMENT LLC | $24.7M | 566,471 | 0.01% | 13q | +39.9%+$7.1M |
| FIRST MERCHANTS CORP | $22.8M | 521,994 | 0.80% | 31q | -0.6%-$138.2K |
| TWO SIGMA INVESTMENTS, LP | $20.6M | 470,409 | 0.01% | 13q | +16.0%+$2.8M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $18.9M | 432,341 | 0.01% | 31q | HELD |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | $18.8M | 429,606 | 0.33% | 13q | +8.4%+$1.5M |
| FMR LLC | $18.4M | 420,996 | 0.00% | 31q | +13.5%+$2.2M |
| Bank of New York Mellon Corp | $18.2M | 415,568 | 0.00% | 31q | -45.3%-$15.0M |
| VANGUARD FIDUCIARY TRUST CO | $17.9M | 410,238 | 0.00% | 2q | +2.8%+$485.9K |
| Fisher Asset Management, LLC | $16.0M | 367,005 | 0.00% | 31q | +5.2%+$792.7K |
| AMERICAN CENTURY COMPANIES INC | $15.1M | 344,504 | 0.01% | 31q | -1.3%-$200.8K |
| RAYMOND JAMES FINANCIAL INC | $14.8M | 339,054 | 0.00% | 7q | -1.6%-$244.2K |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $14.8M | 337,897 | 0.04% | 17q | +3.0%+$431.7K |
| MetLife Investment Management, LLC | $14.0M | 320,319 | 0.06% | 32q | +1.4%+$190.1K |
| MILLENNIUM MANAGEMENT LLC | $13.9M | 318,618 | 0.01% | 31q | -3.1%-$450.8K |
| GLENMEDE TRUST CO NA | $13.0M | 296,414 | 0.06% | 4q | +24.4%+$2.5M |
| Empowered Funds, LLC | $12.1M | 277,911 | 0.06% | 2q | +24.6%+$2.4M |
| MORGAN STANLEY | $9.3M | 213,604 | 0.00% | 35q | -5.8%-$570.4K |
| BANK OF AMERICA CORP /DE/ | $9.0M | 206,018 | 0.00% | 31q | -15.3%-$1.6M |
| WELLS FARGO & COMPANY/MN | $8.9M | 202,821 | 0.00% | 31q | -41.9%-$6.4M |
| Phocas Financial Corp. | $8.8M | 201,603 | 1.22% | 29q | -5.0%-$463.9K |
| DENALI ADVISORS LLC | $8.5M | 194,500 | 0.86% | 13q | -5.2%-$467.5K |
| Edgestream Partners, L.P. | $8.1M | 185,737 | 0.24% | 2q | +732.0%+$7.1M |
| ALLIANCEBERNSTEIN L.P. | $7.9M | 204,281 | 0.00% | 31q | -32.5%-$3.8M |
| ProShare Advisors LLC | $7.4M | 170,104 | 0.01% | 23q | -2.3%-$176.6K |
| MARSHALL WACE, LLP | $7.0M | 159,382 | 0.01% | 3q | +147.8%+$4.2M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $6.6M | 151,364 | 0.00% | 29q | -24.9%-$2.2M |
| Verition Fund Management LLC | $6.5M | 149,054 | 0.02% | new | NEW |
| Creative Planning | $6.3M | 145,215 | 0.00% | 12q | +40.6%+$1.8M |
| CITADEL ADVISORS LLC | $6.1M | 140,294 | 0.00% | 10q | -9.6%-$651.8K |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $5.9M | 134,606 | 0.00% | 5q | +91.2%+$2.8M |
| LYNCH & ASSOCIATES/IN | $5.7M | 130,000 | 0.99% | 2q | HELD |
| Swiss National Bank | $5.6M | 127,162 | 0.00% | 31q | +2.4%+$131.1K |
| ENVESTNET ASSET MANAGEMENT INC | $5.4M | 124,472 | 0.00% | 31q | HELD |
| GREAT LAKES ADVISORS, LLC | $5.1M | 116,095 | 0.04% | 14q | +6.8%+$322.5K |
| Numerai GP LLC | $5.0M | 115,285 | 0.41% | 3q | +24.4%+$987.0K |
| NEW YORK STATE COMMON RETIREMENT FUND | $5.0M | 114,510 | 0.01% | 31q | +2.1%+$104.9K |
| AMERIPRISE FINANCIAL INC | $4.9M | 111,740 | 0.00% | 31q | -51.2%-$5.1M |
| PEREGRINE CAPITAL MANAGEMENT LLC | $4.9M | 111,491 | 0.16% | 8q | -8.1%-$426.6K |
| NORDEA INVESTMENT MANAGEMENT AB | $4.8M | 111,720 | 0.00% | 31q | -4.9%-$248.3K |
| OneAscent Financial Services LLC | $4.3M | 97,810 | 0.20% | 8q | +2.6%+$108.3K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $4.2M | 96,682 | 0.00% | 31q | -7.6%-$347.6K |
| FRANKLIN RESOURCES INC | $4.2M | 96,450 | 0.00% | 13q | +7.4%+$292.2K |
| Petiole USA ltd | $4.1M | 94,047 | 2.95% | 18q | HELD |
| SEI INVESTMENTS CO | $4.1M | 92,890 | 0.00% | 31q | -37.1%-$2.4M |
| Mariner, LLC | $4.0M | 91,158 | 0.00% | 20q | +16.9%+$576.8K |
| CITIGROUP INC | $3.9M | 90,309 | 0.00% | 31q | +17.1%+$575.2K |
| O'SHAUGHNESSY ASSET MANAGEMENT, LLC | $3.9M | 89,476 | 0.02% | 4q | -15.0%-$689.6K |
| RHUMBLINE ADVISERS | $3.9M | 88,773 | 0.00% | 31q | +5.6%+$204.9K |
| Invesco Ltd. | $3.6M | 83,274 | 0.00% | 31q | -1.5%-$53.8K |
| ExodusPoint Capital Management, LP | $3.6M | 81,592 | 0.02% | new | NEW |
| Cerity Partners LLC | $3.5M | 80,081 | 0.00% | 5q | +2.5%+$83.7K |
| STIFEL FINANCIAL CORP | $3.4M | 78,574 | 0.00% | 23q | -6.4%-$233.3K |
| Curi Capital, LLC | $3.4M | 78,324 | 0.05% | 6q | -20.4%-$874.8K |
| FIRST FINANCIAL BANK - TRUST DIVISION | $3.3M | 75,779 | 0.24% | 31q | HELD |
| MENDON CAPITAL ADVISORS CORP | $3.3M | 75,000 | 1.16% | 6q | -23.1%-$983.0K |
| PRINCIPAL FINANCIAL GROUP INC | $3.3M | 74,933 | 0.00% | 31q | +6.4%+$198.2K |
| UBS Group AG | $3.3M | 74,836 | 0.00% | 31q | -43.2%-$2.5M |
| DARK FOREST CAPITAL MANAGEMENT LP | $3.2M | 72,174 | 0.20% | 7q | -17.8%-$683.4K |
| Schonfeld Strategic Advisors LLC | $3.0M | 69,722 | 0.01% | 5q | +730.1%+$2.7M |
| OCCUDO QUANTITATIVE STRATEGIES LP | $3.0M | 69,144 | 0.16% | 4q | +20.2%+$507.7K |
| Inspire Advisors, LLC | $3.0M | 67,888 | 0.21% | 5q | -5.6%-$176.7K |
| IEQ CAPITAL, LLC | $3.0M | 68,021 | 0.01% | 6q | +33.6%+$747.1K |
| PRUDENTIAL FINANCIAL INC | $3.0M | 67,873 | 0.00% | 2q | +594.9%+$2.5M |
| DEUTSCHE BANK AG\ | $2.9M | 67,265 | 0.00% | 34q | +12.7%+$332.2K |
| ADVISORY RESEARCH INC | $2.9M | 65,315 | 0.28% | 23q | -3.4%-$101.3K |
| Atom Investors LP | $2.8M | 64,208 | 0.25% | 3q | +8.1%+$209.9K |
| Russell Investments Group, Ltd. | $2.8M | 63,561 | 0.00% | 31q | +85.7%+$1.3M |
| VANGUARD ASSET MANAGEMENT, Ltd | $2.8M | 63,215 | 0.00% | 2q | +16.5%+$390.8K |
| BridgePort Financial Solutions, LLC | $2.5M | 58,069 | 0.65% | 4q | HELD |
| Y-Intercept (Hong Kong) Ltd | $2.5M | 57,284 | 0.05% | 5q | -31.8%-$1.2M |
| XTX Topco Ltd | $2.5M | 56,918 | 0.03% | 2q | +294.9%+$1.9M |
| Quantinno Capital Management LP | $2.4M | 55,686 | 0.00% | 5q | +87.7%+$1.1M |
| Round Hill Asset Management | $2.4M | 54,531 | 1.50% | 2q | -6.8%-$173.2K |
| Legal & General Group Plc | $2.3M | 53,763 | 0.00% | 31q | +13.9%+$287.5K |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC | $2.3M | 51,564 | 0.04% | 3q | -3.5%-$80.9K |
| D. E. Shaw & Co., Inc. | $2.1M | 49,198 | 0.00% | 5q | +45.2%+$668.9K |
| Vanguard Global Advisers, LLC | $2.1M | 47,176 | 0.00% | 2q | -3.0%-$64.5K |
| Vest Financial, LLC | $1.8M | 42,174 | 0.02% | 4q | +1.4%+$24.7K |
| Engineers Gate Manager LP | $1.8M | 42,082 | 0.02% | 8q | +100.7%+$922.3K |
Showing the largest 100 of 309 reported holders.
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 291 | $2.0B | 46,602,921 | 32 | 117 | 77 | 0.0% |
| Q1 2026 | 281 | $1.8B | 45,580,169 | 45 | 109 | 65 | 0.1% |
| Q4 2025 | 261 | $1.6B | 43,102,171 | 28 | 83 | 87 | 0.0% |
| Q3 2025 | 255 | $1.7B | 44,183,015 | 26 | 90 | 69 | 0.0% |
| Q2 2025 | 252 | $1.7B | 43,207,716 | 30 | 73 | 81 | 0.0% |
| Q1 2025 | 250 | $1.8B | 43,322,779 | 31 | 67 | 78 | 0.0% |
| Q4 2024 | 233 | $1.7B | 42,653,584 | 30 | 71 | 70 | 0.0% |
| Q3 2024 | 219 | $1.6B | 42,327,608 | 23 | 76 | 64 | 0.0% |
| Q2 2024 | 211 | $1.4B | 41,990,594 | 21 | 71 | 57 | 0.0% |
| Q1 2024 | 209 | $1.5B | 42,770,905 | 23 | 50 | 76 | 0.0% |
| Q4 2023 | 207 | $1.6B | 43,614,337 | 28 | 67 | 65 | 0.0% |
| Q3 2023 | 186 | $1.2B | 41,536,883 | 19 | 70 | 52 | 0.0% |
| Q2 2023 | 186 | $1.2B | 41,534,002 | 21 | 69 | 54 | 0.0% |
| Q1 2023 | 179 | $1.4B | 41,093,832 | 15 | 68 | 49 | 0.0% |
| Q4 2022 | 181 | $1.5B | 35,775,805 | 17 | 54 | 63 | 0.0% |
| Q3 2022 | 216 | $1.7B | 43,060,324 | 21 | 79 | 61 | 0.0% |
| Q2 2022 | 217 | $1.5B | 43,279,187 | 34 | 75 | 57 | 0.0% |
| Q1 2022 | 206 | $1.8B | 42,231,539 | 23 | 69 | 66 | 0.0% |
| Q4 2021 | 202 | $1.7B | 39,791,387 | 18 | 68 | 55 | 0.0% |
| Q3 2021 | 206 | $1.7B | 39,659,793 | 19 | 61 | 68 | 0.0% |
| Q2 2021 | 197 | $1.7B | 41,332,732 | 19 | 60 | 57 | 0.0% |
| Q1 2021 | 194 | $1.9B | 40,680,270 | 22 | 59 | 69 | 0.0% |
| Q4 2020 | 184 | $1.5B | 41,270,290 | 27 | 56 | 60 | 0.0% |
| Q3 2020 | 182 | $896.4M | 38,653,195 | 27 | 50 | 60 | 0.0% |
| Q2 2020 | 181 | $1.1B | 39,331,328 | 20 | 69 | 50 | 0.0% |
| Q1 2020 | 184 | $1.1B | 39,671,888 | 24 | 47 | 65 | 0.0% |
| Q4 2019 | 196 | $1.7B | 41,304,981 | 25 | 66 | 53 | 0.0% |
| Q3 2019 | 182 | $1.5B | 39,969,945 | 19 | 65 | 55 | 0.0% |
| Q2 2019 | 185 | $1.4B | 37,214,773 | 22 | 49 | 70 | 0.0% |
| Q1 2019 | 191 | $1.4B | 37,004,948 | 12 | 68 | 68 | 0.0% |
| Q4 2018 | 202 | $1.3B | 37,021,808 | 5 | 3 | 3 | 0.0% |