FRME First Merchants Corporation
First Merchants Corporation (FRME) Institutional Ownership
What the institutions did with FRME last quarter, from their 13F filings. Counting managers rather than shares is the point: a single index fund adding to a position tells you far less than four hundred separate managers all deciding to. Positions as reported for the quarter ended September 30, 2026.
Every manager below opens. Subscribers can see any firm's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.
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Each block is one manager, sized by shares held and colored by how much they moved the position last quarter. Green added, red cut, grey stood pat.
Largest holders
| Manager | Shares | % of reported |
|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | 3.7M | 41.9% |
| GEODE CAPITAL MANAGEMENT, LLC | 1.7M | 19.0% |
| FIRST MERCHANTS CORP | 515.9K | 5.8% |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | 507.8K | 5.7% |
| Bank of New York Mellon Corp | 420.7K | 4.7% |
| Fisher Asset Management, LLC | 287.7K | 3.2% |
| Creative Planning | 206.4K | 2.3% |
| LYNCH & ASSOCIATES/IN | 130.0K | 1.5% |
| Squarepoint Ops LLC | 117.8K | 1.3% |
| NORDEA INVESTMENT MANAGEMENT AB | 98.4K | 1.1% |
| FIRST FINANCIAL BANK - TRUST DIVISION | 75.8K | 0.9% |
| GREAT LAKES ADVISORS, LLC | 73.8K | 0.8% |
| DEUTSCHE BANK AG\ | 61.8K | 0.7% |
| BridgePort Financial Solutions, LLC | 58.1K | 0.7% |
| CITIGROUP INC | 46.3K | 0.5% |
| OPPENHEIMER ASSET MANAGEMENT INC. | 42.9K | 0.5% |
| Rosenthal | Henry Capital Advisors, Inc. | 41.2K | 0.5% |
| LPL Financial LLC | 39.6K | 0.4% |
| STRS OHIO | 36.9K | 0.4% |
| BARCLAYS PLC | 34.7K | 0.4% |
| WEDGE CAPITAL MANAGEMENT L L P/NC | 33.5K | 0.4% |
| Russell Investments Group, Ltd. | 32.9K | 0.4% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | 30.4K | 0.3% |
| Waterfront Wealth Inc. | 28.7K | 0.3% |
| OLD NATIONAL BANCORP /IN/ | 28.4K | 0.3% |
Largest changes
| Manager | Action | Previous | Current | Change |
|---|---|---|---|---|
| ProShare Advisors LLC | Reduced | 170.1K | 7.9K | -162.2K |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | Reduced | 622.4K | 507.8K | -114.6K |
| Squarepoint Ops LLC | Increased | 21.0K | 117.8K | +96.8K |
| Fisher Asset Management, LLC | Reduced | 367.0K | 287.7K | -79.3K |
| PRINCIPAL FINANCIAL GROUP INC | Sold Out | 74.9K | 0 | -74.9K |
| Creative Planning | Increased | 145.2K | 206.4K | +61.2K |
| CITIGROUP INC | Reduced | 90.3K | 46.3K | -44.0K |
| GREAT LAKES ADVISORS, LLC | Reduced | 116.1K | 73.8K | -42.3K |
| Vest Financial, LLC | Sold Out | 42.2K | 0 | -42.2K |
| DIMENSIONAL FUND ADVISORS LP | Increased | 3.7M | 3.7M | +36.0K |
| Y-Intercept (Hong Kong) Ltd | Reduced | 57.3K | 25.4K | -31.9K |
| Russell Investments Group, Ltd. | Reduced | 63.6K | 32.9K | -30.6K |
| BAILARD, INC. | Sold Out | 23.7K | 0 | -23.7K |
| GEODE CAPITAL MANAGEMENT, LLC | Increased | 1.7M | 1.7M | +20.6K |
| BARCLAYS PLC | Increased | 16.7K | 34.7K | +18.0K |
| Inspire Investing, LLC | Reduced | 15.8K | 261 | -15.6K |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | 111.7K | 98.4K | -13.3K |
| Cambridge Investment Research Advisors, Inc. | Reduced | 20.4K | 8.2K | -12.1K |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | Increased | 20.0K | 30.4K | +10.4K |
| STRS OHIO | Increased | 27.1K | 36.9K | +9.8K |
| Savant Capital, LLC | New | 0 | 8.1K | +8.1K |
| OPPENHEIMER ASSET MANAGEMENT INC. | Increased | 35.2K | 42.9K | +7.7K |
| PARK NATIONAL CORP /OH/ | New | 0 | 6.5K | +6.5K |
| FIRST MERCHANTS CORP | Reduced | 522.0K | 515.9K | -6.1K |
| DEUTSCHE BANK AG\ | Reduced | 67.3K | 61.8K | -5.5K |
| Goelzer Investment Management, Inc. | Sold Out | 5.4K | 0 | -5.4K |
| Vise Technologies, Inc. | Sold Out | 5.3K | 0 | -5.3K |
| PHILLIPS FINANCIAL MANAGEMENT, LLC | New | 0 | 5.3K | +5.3K |
| Bank of New York Mellon Corp | Increased | 415.6K | 420.7K | +5.1K |
| LPL Financial LLC | Increased | 34.5K | 39.6K | +5.1K |
| Hennion & Walsh Asset Management, Inc. | Sold Out | 5.1K | 0 | -5.1K |
| WEDGE CAPITAL MANAGEMENT L L P/NC | Increased | 28.7K | 33.5K | +4.8K |
| LEGACY FINANCIAL INDEPENDENT ADVISORS LLC | Sold Out | 4.7K | 0 | -4.7K |
| Directional Asset Management | Sold Out | 4.7K | 0 | -4.7K |
| Handelsbanken Fonder AB | Reduced | 17.7K | 13.4K | -4.4K |
| QUADRANT CAPITAL GROUP LLC | Reduced | 21.8K | 18.4K | -3.3K |
| Thrivent Financial for Lutherans | Reduced | 22.0K | 19.7K | -2.3K |
| ELEVATION POINT WEALTH PARTNERS, LLC | Increased | 6.4K | 8.2K | +1.8K |
| Cranbrook Wealth Management, LLC | Increased | 7.7K | 9.5K | +1.8K |
| DekaBank Deutsche Girozentrale | New | 0 | 1.5K | +1.5K |
| RITHOLTZ WEALTH MANAGEMENT | Reduced | 10.9K | 9.4K | -1.5K |
| FIFTH THIRD BANCORP | Increased | 11.9K | 13.2K | +1.3K |
| CONTRAVISORY INVESTMENT MANAGEMENT, INC. | Increased | 6.7K | 7.9K | +1.2K |
| HARBOR CAPITAL ADVISORS, INC. | Increased | 20.0K | 21.2K | +1.2K |
| PNC Financial Services Group, Inc. | Increased | 26.8K | 27.7K | +894 |
| Merit Financial Group, LLC | Increased | 4.8K | 5.5K | +712 |
| Chicago Partners Investment Group LLC | Increased | 26.1K | 26.7K | +575 |
| Root Financial Partners, LLC | New | 0 | 454 | +454 |
| GGM Financial LLC | Reduced | 1.7K | 1.3K | -451 |
| Covestor Ltd | Reduced | 760 | 384 | -376 |
| GAMMA Investing LLC | Increased | 1.4K | 1.7K | +324 |
| COMMONWEALTH EQUITY SERVICES, LLC | Reduced | 27.7K | 27.4K | -324 |
| ARIZONA STATE RETIREMENT SYSTEM | Increased | 17.5K | 17.7K | +275 |
| US BANCORP \DE\ | Increased | 16.7K | 17.0K | +272 |
| Waterfront Wealth Inc. | Increased | 28.4K | 28.7K | +258 |
| Versant Capital Management, Inc | Increased | 358 | 577 | +219 |
| KEYBANK NATIONAL ASSOCIATION/OH | Increased | 8.0K | 8.2K | +217 |
| XPONANCE LLC | Reduced | 6.1K | 5.9K | -201 |
| Ascentis Wealth Management, LLC | New | 0 | 149 | +149 |
| Parallel Advisors, LLC | Reduced | 427 | 286 | -141 |
13F filings are due 45 days after quarter end and cover long positions in U.S.-listed equities only, so this is a lagged and partial picture: shorts, bonds and foreign listings never appear. Options positions are excluded here rather than folded into the share counts. Political ownership is coming.