First Merchants FRME Institutional Ownership

NASDAQ FRME

$39.58 -0.20 (-0.50%)

At close: Oct 1, 2026 · 4:00 PM EDT

Institutions by Trading Activity

308 Institutions

Increased 163 52.9%

Unchanged 59 19.2%

Reduced 86 27.9%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

76.03%

▲+0.09 pp QoQ

Shares Held by Institutions

47.36Mn

of 62.29Mn outstanding

▲+3.48% QoQ

Shares Outstanding

62.29Mn

14.93Mn held outside 13F filers

Institutional Investors

308

filed 13F for Jun 2026

▲+10 vs prior quarter

Net Shares Added (QoQ)

+1.59Mn

accumulated since last quarter

Value of Holdings

$1.88Bn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Quarter ending 30 Jun, 2026

First Merchants Corp (NASDAQ:FRME) has 308 institutional investors with active 13F positions as of June 2026.

Collectively, these holders controlled 76.0% of First Merchants's outstanding shares in June 2026, up from 75.9% in March 2026.
They increased total shares held in First Merchants by 3.48% from last quarter, and the number of investors in FRME increased 11.59% annually.
Of these 308 funds, 163 grew their exposure to First Merchants, 86 cut back, and 59 maintained positions.
Altogether, these fund groups held 47.36Mn shares in FRME by June 2026, up by 1.59Mn shares quarter on quarter, and up 6.01Mn shares year over year.
As of June 30, 2026, the biggest holder of First Merchants is BlackRock, Inc. at 5.32Mn shares, representing 8.55% of shares outstanding.
Top purchasers of FRME stock for the quarter ending June 2026 included Sixth Street Partners Management Company, L.P. (711.91K), BlackRock, Inc. (425.37K), State Street Corp (311.54K), Edgestream Partners, L.P. (163.41K), AQR CAPITAL MANAGEMENT LLC (161.48K).
Leading sellers of First Merchants shares for the quarter ending June 2026 were Goldman Sachs Group Inc (440.13K), Bank of New York Mellon Corp (344.1K), WELLINGTON MANAGEMENT GROUP LLP (310.61K), WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC (167.44K), ALLIANCEBERNSTEIN L.P. (98.22K).
Per Business Quant, the top 10 investors in FRME for the quarter ending June 2026 include BlackRock, Inc. (5.32Mn), DIMENSIONAL FUND ADVISORS LP (3.69Mn), VANGUARD PORTFOLIO MANAGEMENT LLC (3.4Mn), VANGUARD CAPITAL MANAGEMENT LLC (2.72Mn), State Street Corp (2.55Mn), EARNEST PARTNERS LLC (2.17Mn), GEODE CAPITAL MANAGEMENT, LLC (1.67Mn), Nuveen, LLC (1.06Mn), VICTORY CAPITAL MANAGEMENT INC (1.04Mn), SYSTEMATIC FINANCIAL MANAGEMENT LP (850.4K).

Form 13F Holdings

308 Institutional Holders

Report period 30 Jun, 2026

Total shares held 47.36Mn

Of outstanding 76.03%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	BlackRock, Inc.	0002012383	5,324,728	8.55%	▲425,372	+8.68%	$232.64Mn
2	DIMENSIONAL FUND ADVISORS LP	0000354204	3,689,776	5.92%	▲93,759	+2.61%	$161.21Mn
3	VANGUARD PORTFOLIO MANAGEMENT LLC	0002100121	3,402,832	5.46%	▲43,798	+1.30%	$148.67Mn
4	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	2,720,680	4.37%	▼9,931	-0.36%	$118.87Mn
5	State Street Corp	0000093751	2,551,308	4.10%	▲311,540	+13.91%	$111.47Mn
6	EARNEST PARTNERS LLC	0001102578	2,174,024	3.49%	▼81,566	-3.62%	$94.98Mn
7	GEODE CAPITAL MANAGEMENT, LLC	0001214717	1,670,991	2.68%	▲97,210	+6.18%	$73.02Mn
8	Nuveen, LLC	0001871926	1,058,876	1.70%	▲15,553	+1.49%	$46.26Mn
9	VICTORY CAPITAL MANAGEMENT INC	0001040188	1,042,728	1.67%	▲47,733	+4.80%	$45.56Mn
10	SYSTEMATIC FINANCIAL MANAGEMENT LP	0001085936	850,405	1.37%	▼11,590	-1.34%	$37.15Mn
11	FIRST TRUST ADVISORS LP	0001125816	776,088	1.25%	▲50,829	+7.01%	$33.91Mn
12	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0000884546	711,910	1.14%	▼7,515	-1.04%	$31.10Mn
12	Sixth Street Partners Management Company, L.P.	0001812095	711,910	1.14%	▲711,910	0.00%	$31.10Mn
13	FJ Capital Management LLC	0001599170	711,425	1.14%	0	0.00%	$31.08Mn
14	Goldman Sachs Group Inc	0000886982	697,055	1.12%	▼440,130	-38.70%	$30.45Mn
15	WELLINGTON MANAGEMENT GROUP LLP	0000902219	696,621	1.12%	▼310,614	-30.84%	$30.44Mn
16	PL Capital Advisors, LLC	0001569147	686,333	1.10%	0	0.00%	$29.99Mn
17	Northern Trust Corp	0000073124	683,988	1.10%	▲30,629	+4.69%	$29.88Mn
18	Qube Research & Technologies Ltd	0001729829	648,844	1.04%	▼1,555	-0.24%	$28.35Mn
19	Jpmorgan Chase & Co	0000019617	639,609	1.03%	▲109,891	+20.75%	$27.90Mn

Showing 1 to 20 of 308 holders