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FRME — FIRST MERCHANTS CORP

Reported value held$877.31M
Funds holding (latest)39
SectorFinancials
Funds holding (Q2 2026)32
Institutional value$648.01M · 14.93M sh
New / Add / Cut / Exit1 / 18 / 11 / 3
Top-5 / Top-10 concentration61.4% / 80.2%
Institutional holdings change Accumulating +2.7% (+392.48K sh)
Institutional value change Up +15.8%

As of Q2 2026, 32 SEC-registered investment managers reported holding FRME (FIRST MERCHANTS CORP) in their latest 13F filings, with a combined reported value of $648.01M across 14.93M shares. That is +2.7% by share count (+392.48K shares) versus the previous quarter, while reported value moved +15.8%. Ownership is concentrated: the five largest holders account for 61.4% of reported value and the top ten for 80.2%.

Compared with the prior quarter, 1 opened new positions, 18 added to existing stakes, 11 trimmed, 3 exited entirely. 13F holdings are quarter-end snapshots, so these moves reflect positioning as of Q2 2026, not real-time trading.

FRME is classified in the Financials sector.

All figures on this page are computed from SEC Form 13F quarterly filings. 13F filers disclose long positions of $100,000 or more within 45 days of quarter end; short positions, options overlays and intra-quarter trades are not included, so treat the numbers as a quarterly snapshot of institutional ownership rather than real-time positioning.

Q2 2026 — 32 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 5.32M $232.64M 0.00% Add
Geode Capital Management history 1.67M $73.02M 0.00% Add
Charles Schwab Investment Management history 711.91K $31.10M 0.00% Reduce
Goldman Sachs Group history 697.05K $30.45M 0.00% Reduce
Wellington Management Group history 696.62K $30.44M 0.01% Reduce
Northern Trust Corp history 683.99K $29.88M 0.00% Add
JPMorgan Chase & Co history 639.61K $27.90M 0.00% New
AQR Capital Management history 566.47K $24.75M 0.01% Add
Two Sigma Investments history 470.41K $20.55M 0.02% Add
Manulife Financial history 432.34K $18.89M 0.01% Hold
Fidelity Management & Research (FMR) history 421.00K $18.39M 0.00% Add
BNY Mellon history 415.57K $18.16M 0.00% Reduce
Millennium Management history 318.62K $13.92M 0.01% Reduce
Morgan Stanley history 213.60K $9.33M 0.00% Reduce
Bank of America Corp history 206.02K $9.00M 0.00% Reduce
Wells Fargo & Co history 202.82K $8.86M 0.00% Add
Marshall Wace history 159.38K $6.96M 0.01% Add
Citadel Advisors history 140.29K $6.13M 0.00% Reduce
Arrowstreet Capital history 134.61K $5.88M 0.00% Add
Franklin Resources history 96.45K $4.21M 0.00% Add
Citigroup Inc history 90.31K $3.95M 0.00% Add
Invesco Ltd history 83.27K $3.64M 0.00% Reduce
Principal Global Investors history 74.93K $3.27M 0.00% Add
UBS Group AG history 74.84K $3.27M 0.00% Reduce
Prudential Financial history 67.87K $2.97M 0.00% Add
Deutsche Bank AG history 67.27K $2.94M 0.00% Add
Legal & General Investment Management America history 53.76K $2.35M 0.00% Add
D. E. Shaw & Co history 49.20K $2.15M 0.00% Add
Point72 Asset Management history 35.20K $1.54M 0.00% Reduce
PNC Financial Services history 26.80K $1.17M 0.00% Add
CPP Investments history 6.80K $297.09K 0.00% Hold
T. Rowe Price Associates history 93.61K $4.09K 0.00% Add

Q1 2026 — 34 funds

FundSharesValuePortfolio WeightChange
BlackRock Inc history 4.90M $189.75M 0.00% Add
Geode Capital Management history 1.57M $60.97M 0.00% Add
Goldman Sachs Group history 1.14M $44.04M 0.01% Add
Wellington Management Group history 1.01M $39.01M 0.01% Add
BNY Mellon history 759.67K $29.42M 0.01% Reduce
Charles Schwab Investment Management history 719.42K $27.86M 0.00% Add
Northern Trust Corp history 653.36K $25.30M 0.00% Add
Manulife Financial history 433.05K $16.77M 0.01% Reduce
Two Sigma Investments history 405.55K $15.71M 0.01% Add
AQR Capital Management history 404.99K $15.69M 0.01% Add
Fidelity Management & Research (FMR) history 370.94K $14.37M 0.00% Add
Millennium Management history 328.94K $12.74M 0.01% Reduce
Bank of America Corp history 243.28K $9.42M 0.00% Add
Morgan Stanley history 226.66K $8.78M 0.00% Reduce
Wells Fargo & Co history 174.60K $6.76M 0.00% Reduce
Citadel Advisors history 155.21K $6.01M 0.00% Add
UBS Group AG history 131.85K $5.11M 0.00% Reduce
Point72 Asset Management history 104.58K $4.05M 0.01% Reduce
Franklin Resources history 89.76K $3.48M 0.00% Add
Invesco Ltd history 84.50K $3.27M 0.00% Add
Citigroup Inc history 77.14K $2.99M 0.00% Add
Arrowstreet Capital history 70.41K $2.73M 0.00% Reduce
Principal Global Investors history 70.40K $2.73M 0.00% Add
Marshall Wace history 64.32K $2.49M 0.00% Add
Deutsche Bank AG history 59.66K $2.31M 0.00% Add
Legal & General Investment Management America history 47.18K $1.83M 0.00% Reduce
Balyasny Asset Management history 37.17K $1.44M 0.00% Add
D. E. Shaw & Co history 33.89K $1.31M 0.00% Reduce
Janus Henderson Group history 27.28K $1.06M 0.00% Hold
PNC Financial Services history 25.68K $994.74K 0.00% Add
Renaissance Technologies history 18.79K $727.66K 0.00% New
Prudential Financial history 9.77K $378.31K 0.00% New
CPP Investments history 6.80K $263.36K 0.00% Reduce
T. Rowe Price Associates history 81.43K $3.15K 0.00% Add

Q4 2025 — 34 funds

FundSharesValuePortfolio WeightChange
Vanguard Group history 5.98M $224.28M 0.00% Reduce
BlackRock Inc history 4.64M $174.05M 0.00% Add
Geode Capital Management history 1.43M $53.67M 0.00% Hold
Goldman Sachs Group history 929.24K $34.83M 0.00% Reduce
BNY Mellon history 764.14K $28.64M 0.01% Add
Charles Schwab Investment Management history 681.89K $25.56M 0.00% Reduce
JPMorgan Chase & Co history 605.43K $22.69M 0.00% Reduce
Northern Trust Corp history 566.39K $21.23M 0.00% Reduce
Manulife Financial history 437.28K $16.39M 0.01% Reduce
AQR Capital Management history 381.30K $14.29M 0.01% Add
Millennium Management history 357.43K $13.40M 0.01% Add
Fidelity Management & Research (FMR) history 305.82K $11.46M 0.00% Add
Morgan Stanley history 291.21K $10.91M 0.00% Add
Wells Fargo & Co history 218.93K $8.21M 0.00% Add
Bank of America Corp history 166.12K $6.23M 0.00% Reduce
UBS Group AG history 165.22K $6.19M 0.00% Add
Point72 Asset Management history 105.18K $3.94M 0.01% Add
Wellington Management Group history 99.38K $3.72M 0.00% New
Invesco Ltd history 82.21K $3.08M 0.00% Reduce
D. E. Shaw & Co history 79.87K $2.99M 0.00% Reduce
Arrowstreet Capital history 71.98K $2.70M 0.00% Add
Two Sigma Investments history 65.34K $2.45M 0.00% Add
Principal Global Investors history 64.08K $2.40M 0.00% Reduce
Franklin Resources history 55.68K $2.09M 0.00% Add
Legal & General Investment Management America history 54.74K $2.05M 0.00% Reduce
Deutsche Bank AG history 49.16K $1.84M 0.00% Add
Marshall Wace history 46.63K $1.75M 0.00% New
Citadel Advisors history 42.10K $1.58M 0.00% Add
Citigroup Inc history 37.85K $1.42M 0.00% Reduce
Janus Henderson Group history 27.28K $1.02M 0.00% Hold
PNC Financial Services history 24.49K $917.77K 0.00% Reduce
CPP Investments history 7.70K $288.60K 0.00% New
Balyasny Asset Management history 5.84K $218.88K 0.00% Reduce
T. Rowe Price Associates history 67.79K $2.54K 0.00% Add

Q3 2025 — 32 funds

FundSharesValuePortfolio WeightChange
Vanguard Group history 6.08M $229.16M 0.00% Reduce
BlackRock Inc history 4.57M $172.11M 0.00% Reduce
Geode Capital Management history 1.43M $53.91M 0.00% Hold
Goldman Sachs Group history 941.69K $35.50M 0.00% Add
Principal Global Investors history 710.51K $26.79M 0.01% Reduce
JPMorgan Chase & Co history 691.57K $26.07M 0.00% Add
Charles Schwab Investment Management history 686.18K $25.87M 0.00% Reduce
BNY Mellon history 667.80K $25.18M 0.01% Reduce
Northern Trust Corp history 613.00K $23.11M 0.00% Add
Manulife Financial history 450.82K $17.00M 0.01% Reduce
AQR Capital Management history 308.41K $11.63M 0.01% Add
Morgan Stanley history 282.17K $10.64M 0.00% Add
Fidelity Management & Research (FMR) history 246.40K $9.29M 0.00% Add
Millennium Management history 233.26K $8.79M 0.00% Add
Wells Fargo & Co history 209.99K $7.92M 0.00% Add
Bank of America Corp history 197.78K $7.46M 0.00% Reduce
UBS Group AG history 123.00K $4.64M 0.00% Reduce
Invesco Ltd history 100.56K $3.79M 0.00% Reduce
D. E. Shaw & Co history 84.61K $3.19M 0.00% Add
Citigroup Inc history 65.57K $2.47M 0.00% Reduce
Legal & General Investment Management America history 60.80K $2.29M 0.00% Reduce
Arrowstreet Capital history 53.38K $2.01M 0.00% Reduce
Franklin Resources history 50.65K $1.91M 0.00% Reduce
Deutsche Bank AG history 46.38K $1.75M 0.00% Add
Two Sigma Investments history 32.25K $1.22M 0.00% Reduce
PNC Financial Services history 28.02K $1.06M 0.00% Add
Janus Henderson Group history 27.28K $1.03M 0.00% Hold
Citadel Advisors history 26.86K $1.01M 0.00% Reduce
Balyasny Asset Management history 9.07K $341.83K 0.00% Reduce
Prudential Financial history 7.76K $292.70K 0.00% Add
Point72 Asset Management history 6.27K $236.54K 0.00% New
T. Rowe Price Associates history 66.68K $2.51K 0.00% Add

Q2 2025 — 34 funds

FundSharesValuePortfolio WeightChange
Vanguard Group history 6.19M $236.93M 0.00% Reduce
BlackRock Inc history 4.61M $176.53M 0.00% Reduce
Geode Capital Management history 1.43M $54.79M 0.00% Hold
Goldman Sachs Group history 926.42K $35.48M 0.01% Reduce
Principal Global Investors history 758.14K $29.04M 0.01% Reduce
Charles Schwab Investment Management history 693.42K $26.56M 0.01% Reduce
JPMorgan Chase & Co history 678.16K $25.97M 0.00% Reduce
BNY Mellon history 677.27K $25.94M 0.01% Reduce
Northern Trust Corp history 569.91K $21.83M 0.00% Reduce
Manulife Financial history 461.31K $17.67M 0.02% Reduce
Morgan Stanley history 246.15K $9.43M 0.00% Reduce
Fidelity Management & Research (FMR) history 219.93K $8.42M 0.00% Reduce
Bank of America Corp history 209.54K $8.03M 0.00% Add
Wells Fargo & Co history 207.24K $7.94M 0.00% Add
AQR Capital Management history 163.69K $6.27M 0.01% Add
UBS Group AG history 154.36K $5.91M 0.00% Add
Invesco Ltd history 116.59K $4.47M 0.00% Reduce
Citigroup Inc history 111.18K $4.26M 0.00% Reduce
Millennium Management history 88.43K $3.39M 0.00% Add
Legal & General Investment Management America history 64.35K $2.46M 0.00% Add
D. E. Shaw & Co history 63.50K $2.43M 0.00% New
Arrowstreet Capital history 58.01K $2.22M 0.00% New
Marshall Wace history 56.65K $2.17M 0.00% Add
Two Sigma Investments history 55.24K $2.12M 0.00% Add
Wellington Management Group history 54.92K $2.10M 0.00% Reduce
Franklin Resources history 51.32K $1.97M 0.00% Hold
Norges Bank Investment Management history 41.42K $1.59M 0.00% Reduce
Deutsche Bank AG history 41.13K $1.58M 0.00% Reduce
Citadel Advisors history 29.07K $1.11M 0.00% Reduce
Janus Henderson Group history 27.28K $1.05M 0.00% Hold
PNC Financial Services history 24.65K $944.10K 0.00% Hold
Balyasny Asset Management history 17.98K $688.48K 0.00% New
Prudential Financial history 7.69K $315.19K 0.00% Reduce
T. Rowe Price Associates history 63.73K $2.44K 0.00% Add

Q1 2025 — 32 funds

FundSharesValuePortfolio WeightChange
Vanguard Group history 6.24M $252.27M 0.01% Reduce
BlackRock Inc history 4.79M $193.63M 0.00% Reduce
Geode Capital Management history 1.43M $57.81M 0.01% Add
Goldman Sachs Group history 969.16K $39.19M 0.01% Reduce
Principal Global Investors history 771.06K $31.18M 0.02% Reduce
JPMorgan Chase & Co history 736.13K $29.77M 0.01% Reduce
Charles Schwab Investment Management history 711.84K $28.79M 0.01% Reduce
BNY Mellon history 690.84K $27.94M 0.01% Reduce
Northern Trust Corp history 599.11K $24.23M 0.00% Hold
Manulife Financial history 472.97K $19.13M 0.02% Add
Morgan Stanley history 259.08K $10.48M 0.00% Reduce
Fidelity Management & Research (FMR) history 222.61K $9.00M 0.00% Add
Bank of America Corp history 202.15K $8.17M 0.00% Add
Wells Fargo & Co history 197.69K $7.99M 0.00% Reduce
Invesco Ltd history 136.46K $5.52M 0.00% Reduce
Citigroup Inc history 134.03K $5.42M 0.00% Add
AQR Capital Management history 118.65K $4.80M 0.01% Add
UBS Group AG history 107.95K $4.37M 0.00% Add
Citadel Advisors history 84.62K $3.42M 0.00% Add
Wellington Management Group history 66.26K $2.68M 0.00% New
Legal & General Investment Management America history 63.85K $2.58M 0.00% Add
Franklin Resources history 51.55K $2.08M 0.00% Add
Two Sigma Investments history 46.15K $1.87M 0.00% Add
Deutsche Bank AG history 45.89K $1.86M 0.00% Reduce
Prudential Financial history 31.77K $1.38M 0.00% Hold
Janus Henderson Group history 27.28K $1.10M 0.00% Hold
PNC Financial Services history 24.57K $993.73K 0.00% Add
Millennium Management history 9.81K $396.56K 0.00% Reduce
Renaissance Technologies history 6.10K $246.68K 0.00% Reduce
Marshall Wace history 5.74K $232.21K 0.00% New
Point72 Asset Management history 3.50K $141.54K 0.00% New
T. Rowe Price Associates history 60.47K $2.45K 0.00% Add

View all 39 fund holders →

New Positions (Q2 2026)

Fully Exited (vs previous quarter)

Fund Position History — shares by quarter (top 20 funds)

FundQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
BlackRock Inc 5.32M 4.90M 4.64M 4.57M 4.61M 4.79M 4.86M 4.93M — — — — — — — — — — — —
Geode Capital Management 1.67M 1.57M 1.43M 1.43M 1.43M 1.43M 1.39M 1.40M 1.39M 1.36M 1.33M 1.27M 1.22M 1.17M 1.12M 1.07M 1.04M 2.07M 983.01K 888.71K
Charles Schwab Investment Management 711.91K 719.42K 681.89K 686.18K 693.42K 711.84K 731.41K 722.15K 716.78K 701.34K 669.70K 639.67K 603.88K 574.85K 566.74K 554.25K 523.16K 494.66K 473.65K 453.10K
Goldman Sachs Group 697.05K 1.14M 929.24K 941.69K 926.42K 969.16K 998.96K 935.94K 774.53K 780.45K 853.08K 841.23K 883.68K 880.04K 966.91K 1.01M 1.03M 1.41M 1.43M 1.41M
Wellington Management Group 696.62K 1.01M 99.38K — 54.92K 66.26K — — — — — — — 59.14K 67.90K 100.46K 36.77K — — —
Northern Trust Corp 683.99K 653.36K 566.39K 613.00K 569.91K 599.11K 601.81K 641.13K 649.79K 672.61K 708.36K 691.41K 681.77K 671.78K 672.71K 669.16K 670.46K 654.40K 703.14K 695.03K
JPMorgan Chase & Co 639.61K — 605.43K 691.57K 678.16K 736.13K 745.44K 696.05K 705.30K 767.27K 739.76K 679.31K 679.67K 568.25K 577.83K 562.68K 548.46K 509.60K 525.04K 464.00K
AQR Capital Management 566.47K 404.99K 381.30K 308.41K 163.69K 118.65K 99.28K 142.77K 138.45K 137.02K 167.94K 201.82K 7.22K — 7.57K — 18.38K 23.67K 34.53K 21.13K
Two Sigma Investments 470.41K 405.55K 65.34K 32.25K 55.24K 46.15K 12.15K 38.47K 81.51K 7.15K 6.25K 75.51K 102.82K — 4.90K 9.29K 60.13K 88.11K 130.64K 128.64K
Manulife Financial 432.34K 433.05K 437.28K 450.82K 461.31K 472.97K 468.16K 474.44K 488.09K 519.13K 733.09K 803.78K 829.14K 852.11K 885.52K 928.31K 984.59K 705.46K 714.46K 703.96K
Fidelity Management & Research (FMR) 421.00K 370.94K 305.82K 246.40K 219.93K 222.61K 127.60K 78.19K 3.10K 3.16K 3.22K 1.96K 1.65K 1.75K 1.62K 2.15K 1.41K 1.30K 405 286
BNY Mellon 415.57K 759.67K 764.14K 667.80K 677.27K 690.84K 930.90K 598.73K 450.84K 466.32K 760.92K 673.74K 671.84K 704.34K 704.20K 716.40K 744.89K 780.22K 898.86K 958.90K
Millennium Management 318.62K 328.94K 357.43K 233.26K 88.43K 9.81K 29.15K 318.04K 84.29K 67.39K 9.20K 185.07K 251.56K 126.91K 101.33K 262.76K 8.20K 194.52K 377.54K 316.57K
Morgan Stanley 213.60K 226.66K 291.21K 282.17K 246.15K 259.08K 286.35K 320.44K 243.18K 295.94K 370.14K 346.83K 319.69K 295.99K 323.62K 416.17K 366.45K 62.35K 88.78K 90.98K
Bank of America Corp 206.02K 243.28K 166.12K 197.78K 209.54K 202.15K 120.62K 101.56K 113.71K 104.50K 126.45K 110.14K 78.25K 97.38K 68.20K 51.25K 68.60K 62.28K 90.66K 70.90K
Wells Fargo & Co 202.82K 174.60K 218.93K 209.99K 207.24K 197.69K 199.30K 192.91K 197.58K 194.03K 193.97K 210.88K 208.56K 229.94K 202.90K 192.06K 191.43K 235.94K 238.54K 233.52K
Marshall Wace 159.38K 64.32K 46.63K — 56.65K 5.74K — — — — — — — — — — — 99.06K 69.92K 24.71K
Citadel Advisors 140.29K 155.21K 42.10K 26.86K 29.07K 84.62K 41.78K 29.18K 8.51K 8.63K — — 27.60K 37.85K 19.01K 84.47K 21.39K — 48.03K 69.84K
Arrowstreet Capital 134.61K 70.41K 71.98K 53.38K 58.01K — — — — 22.68K 20.06K — — — — — — — 42.64K 44.16K
Franklin Resources 96.45K 89.76K 55.68K 50.65K 51.32K 51.55K 9.87K 10.28K 14.45K 15.17K 19.40K 29.00K 29.80K — — — — — — —

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