Who Owns First Merchants Corporation (FRME)?Hedge Fund & Institutional Holders

$36.70+0.27 (+0.74%)Financial ServicesNASDAQ

Institutional Holders

50

as of Q4 2025

Total Institutional Value

$InfinityT

% of Float Held

5.131356696012258e+284%

QoQ Change in Holders

+9 / -2

Price History

$34.13$36.91$39.69$42.47$45.25Sep 24Jun 25Mar 26

FRME — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
PL Capital Advisors, LLCNew Position+686K+$25.7B
FIRST MERCHANTS CORPNew Position+535K+$20.0B
FMR LLCIncreased+59K+$11.0B
GLENMEDE TRUST CO NANew Position+261K+$9.0B
PEREGRINE CAPITAL MANAGEMENT LLCNew Position+133K+$5.0B
NORDEA INVESTMENT MANAGEMENT ABNew Position+122K+$4.6B
MILLENNIUM MANAGEMENT LLCIncreased+124K+$4.2B
NEW YORK STATE COMMON RETIREMENT FUNDNew Position+109K+$4.0B
Nuveen, LLCIncreased+104K+$3.0B
GREAT LAKES ADVISORS, LLCNew Position+93K+$3.0B
Inspire Advisors, LLCNew Position+78K+$2.9B
Point72 Asset Management, L.P.Increased+99K+$2.8B
Ceredex Value Advisors LLCIncreased+72K+$2.6B
FIRST TRUST ADVISORS LPIncreased+93K+$2.5B
PRINCIPAL FINANCIAL GROUP INCNew Position+64K+$2.4B

FRME — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
ProShare Advisors LLCDecreased-154K-$12.2B
Glenmede Investment Management, LPClosed Position-283K-$10.7B
AMERICAN CENTURY COMPANIES INCDecreased-242K-$10.2B
JPMORGAN CHASE & CODecreased-86K-$6.1B
EARNEST PARTNERS LLCDecreased-136K-$5.6B
NORTHERN TRUST CORPDecreased-47K-$5.1B
JANE STREET GROUP, LLCDecreased-70K-$4.5B
DIMENSIONAL FUND ADVISORS LPDecreased-63K-$4.5B
Cubist Systematic Strategies, LLCClosed Position-114K-$4.3B
Trexquant Investment LPDecreased-51K-$4.3B
RAYMOND JAMES FINANCIAL INCDecreased-40K-$4.0B
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLCDecreased-79K-$3.2B
ADVISORY RESEARCH INCDecreased-4K-$2.7B
Fisher Asset Management, LLCDecreased-52K-$2.1B
IEQ CAPITAL, LLCDecreased-3K-$2.0B

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1DIMENSIONAL FUND ADVISORS LP3,178,147$119.0B24.96%Share
2EARNEST PARTNERS LLC2,310,372$86.6B371.07%Share
3VICTORY CAPITAL MANAGEMENT INC956,197$35.0B19.75%Share
4WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC763,904$28.6B79.86%Share
5SYSTEMATIC FINANCIAL MANAGEMENT LP751,550$28.2B0.66%Share
6GOLDMAN SACHS GROUP INC748,359$28.0B3.45%Share
7FIRST TRUST ADVISORS LP715,488$26.0B18.90%Share
8PL Capital Advisors, LLC686,333$25.7B8.11%Share
9CHARLES SCHWAB INVESTMENT MANAGEMENT INC681,888$25.0B3.88%Share
10FIRST MERCHANTS CORP530,139$19.9B0.74%Share
11NORTHERN TRUST CORP502,274$18.0B2.29%Share
12JPMORGAN CHASE & CO475,930$17.0B1.07%Share
13MANUFACTURERS LIFE INSURANCE COMPANY, THE437,278$16.0B13.15%Share
14Fisher Asset Management, LLC375,276$14.0B4.78%Share
15Nuveen, LLC384,464$14.0B3.67%Share
16BRIDGEWAY CAPITAL MANAGEMENT, LLC390,605$14.0B0.29%Share
17Nuveen, LLC376,193$14.0B3.67%Share
18AQR CAPITAL MANAGEMENT LLC372,128$13.0B6.82%Share
19RAYMOND JAMES FINANCIAL INC361,597$13.0B4.04%Share
20MILLENNIUM MANAGEMENT LLC357,426$13.0B5.47%Share
21HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC333,596$12.5B37.35%Share
22AMERICAN CENTURY COMPANIES INC346,756$12.0B6.03%Share
23MetLife Investment Management, LLC314,574$11.0B53.22%Share
24Nuveen, LLC297,590$11.0B2.88%Share
25FMR LLC303,098$11.0B0.56%Share
26GLENMEDE TRUST CO NA246,599$9.0B42.66%Share
27Ceredex Value Advisors LLC197,100$7.4B0.22%Share
28GOLDMAN SACHS GROUP INC180,885$6.0B0.74%Share
29UBS Group AG152,223$5.7B0.93%Share
30PEREGRINE CAPITAL MANAGEMENT LLC132,924$5.0B0.15%Share
31Ceredex Value Advisors LLC131,350$4.9B0.15%Share
32Swiss National Bank114,062$4.0B2.38%Share
33SEI INVESTMENTS CO107,514$4.0B3.95%Share
34BARCLAYS PLC110,921$4.0B0.96%Share
35WELLS FARGO & COMPANY/MN113,824$4.0B0.73%Share
36NEW YORK STATE COMMON RETIREMENT FUND109,390$4.0B5.34%Share
37DIMENSIONAL FUND ADVISORS LP111,778$4.0B0.84%Share
38AMERIPRISE FINANCIAL INC113,839$4.0B0.90%Share
39MENDON CAPITAL ADVISORS CORP95,000$3.6B1.05%Share
40Petiole USA ltd94,047$3.5B2.28%Share
41NORDEA INVESTMENT MANAGEMENT AB90,441$3.4B2.91%Share
42Ceredex Value Advisors LLC85,500$3.2B0.10%Share
43DARK FOREST CAPITAL MANAGEMENT LP94,876$3.0B0.14%Share
44RHUMBLINE ADVISERS81,913$3.0B2.43%Share
45Point72 Asset Management, L.P.105,180$3.0B3.35%Share
46Curi Capital, LLC96,871$3.0B51.98%Share
47Inspire Advisors, LLC78,081$2.9B0.27%Share
48PRINCIPAL FINANCIAL GROUP INC61,552$2.3B1.18%Share
49BridgePort Financial Solutions, LLC58,107$2.2B0.58%Share
50BANK OF AMERICA CORP /DE/66,717$2.0B0.15%Share

FRME Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 2025275$805.0B+70
Q3 2025205$882.4B-22
Q2 2025227$762.6B-41
Q1 2025268$1.3T+33
Q4 2024235$10.9T+41
Q3 2024194$48.4T+10
Q2 2024184$48.3T+0
Q1 2024184$36.5T—

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As of Q4 2025, 50 institutional investors hold FRME (First Merchants Corporation). The largest holder is DIMENSIONAL FUND ADVISORS LP with $119.0B in shares. This quarter, 9 institutions opened new positions and 2 closed their positions.

Frequently Asked Questions

How many hedge funds own FRME?

As of Q4 2025, 50 institutional investors report holding FRME (First Merchants Corporation) in their 13F filings.

Who is the largest institutional holder of FRME?

The largest institutional holder of FRME is DIMENSIONAL FUND ADVISORS LP with $119.0B in shares.

Is institutional ownership of FRME increasing or decreasing?

This quarter, 9 institutions opened new positions in FRME and 2 closed their positions.