First Merchants Corp (FRME) Institutional Ownership

Ownership Summary

According to SEC filings for the period ending December 2025, First Merchants Corp (NASDAQ:FRME) is held by 262 institutional firms.

• These investors collectively held 75.5% of the company's total shares outstanding in December 2025, down from 77.1% in September 2025.
• On a quarter-over-quarter basis, institutional holdings shifted by 1.19%, with a year-over-year an increase of 3.56% in the count of filers.
• A review of institutional activity for First Merchants shows 117 of 262 filers increasing their positions, while 90 reduced their stake, and 55 remained unchanged.
• The total number of shares held by institutions in First Merchants increased to 43.38Mn as of December 2025, a net change of up by 512.01K shares quarter on quarter, and down 27.62Mn shares year over year.
• VANGUARD GROUP INC's holding of 5.98Mn shares as of December 31, 2025 makes it the primary institutional investor in First Merchants, owning 10.42% of the stock.
• Among the most significant buyers of First Merchants during December 2025 were FJ Capital Management LLC (338.95K), GLENMEDE TRUST CO NA (260.72K), Qube Research & Technologies Ltd (234.35K), MILLENNIUM MANAGEMENT LLC (124.16K), Nuveen, LLC (104.26K).
• Leading sellers of First Merchants stock in December 2025 included PRINCIPAL FINANCIAL GROUP INC (646.42K), AMERICAN CENTURY COMPANIES INC (241.96K), ProShare Advisors LLC (154.01K), EARNEST PARTNERS LLC (135.53K), VANGUARD GROUP INC (94.62K).
• The top 10 institutional holders of First Merchants for the quarter ending December 2025 included VANGUARD GROUP INC (5.98Mn), BlackRock, Inc. (4.64Mn), DIMENSIONAL FUND ADVISORS LP (3.32Mn), EARNEST PARTNERS LLC (2.31Mn), STATE STREET CORP (1.97Mn), GEODE CAPITAL MANAGEMENT, LLC (1.43Mn), Capital International Investors (1.35Mn), Nuveen, LLC (1.06Mn), VICTORY CAPITAL MANAGEMENT INC (956.20K), GOLDMAN SACHS GROUP INC (929.24K).