FRME First Merchants Corporation

NASDAQ
$41.10

First Merchants Corporation (FRME) Hedge Fund Activity

This view isolates hedge funds from the broader institutional ownership shown on the Institutional tab. A pension fund tracking an index may have no view on a stock; when a hedge fund builds or exits a position, that decision can carry information. This page measures those changes. Positions as of June 30, 2026.

Based on quarterly 13F long-equity filings. Changes compare reported quarter-end positions; filings can be reported up to 45 days later and do not represent a fund's complete exposure.

Hedge fund breadth
+25.93
17 buyers / 10 sellers
STRONG BUYING
Funds compared
28
funds with comparable FRME positions
26 current holders · 22 prior-quarter holders
Net share change
+617.9K
+849.9K added, -232.0K cut
Position activity
6 new 11 increased 8 reduced 2 exited

Most significant moves

Ranked by conviction, not size — how much of the fund's own book the position represents, how far it moved, and what kind of fund made it.

Fund Action Shares changed Change Est. value Portfolio wt. Score
Balyasny Asset Management L.P. Sold Out -37.2K -100.0% $1.6M 0.0% 59
RENAISSANCE TECHNOLOGIES LLC Quant Sold Out -18.8K -100.0% $820.8K 0.0% 58
Verition Fund Management Event Long/Short New +74.5K — $3.3M 0.0% 56
Squarepoint Ops LLC Quant New +21.0K — $916.7K 0.0% 54
ExodusPoint Capital Management Long/Short Quant New +81.6K — $3.6M 0.0% 54
Jain Global Long/Short Quant New +31.5K — $1.4M 0.0% 54
Quadrature Capital Quant New +6.2K — $273.0K 0.0% 52
MARSHALL WACE, LLP Long/Short Increased +95.1K +147.8% $4.2M 0.0% 52
Quantbot Technologies Quant New +27.7K — $1.2M 0.0% 47
Point72 Asset Management, L.P. Reduced -69.4K -66.3% $3.0M 0.0% 47

Most significant buyers

By move score, not size.

  • Verition Fund Management New · +74.5K
  • Squarepoint Ops LLC New · +21.0K
  • ExodusPoint Capital Management New · +81.6K
  • Jain Global New · +31.5K
  • Quadrature Capital New · +6.2K

Most significant sellers

By move score, not size.

  • Balyasny Asset Management L.P. Sold Out · -37.2K
  • RENAISSANCE TECHNOLOGIES LLC Sold Out · -18.8K
  • Point72 Asset Management, L.P. Reduced · -69.4K
  • Man Group Reduced · -45.8K
  • Holocene Advisors, LP Reduced · -2.1K

Hedge fund positions

Fund Tier Shares Previous Change Change % Portfolio wt. Action Score
Balyasny Asset Management L.P. 2 0 37.2K -37.2K -100.0% 0.0% Sold Out 59
RENAISSANCE TECHNOLOGIES LLC 1 0 18.8K -18.8K -100.0% 0.0% Sold Out 58
Verition Fund Management 2 74.5K 0 +74.5K — 0.0% New 56
Squarepoint Ops LLC 2 21.0K 0 +21.0K — 0.0% New 54
ExodusPoint Capital Management 3 81.6K 0 +81.6K — 0.0% New 54
Jain Global 3 31.5K 0 +31.5K — 0.0% New 54
Quadrature Capital 3 6.2K 0 +6.2K — 0.0% New 52
MARSHALL WACE, LLP 2 159.4K 64.3K +95.1K +147.8% 0.0% Increased 52
Quantbot Technologies 4 27.7K 0 +27.7K — 0.0% New 47
Point72 Asset Management, L.P. 1 35.2K 104.6K -69.4K -66.3% 0.0% Reduced 47
Schonfeld Strategic Advisors 3 69.7K 8.4K +61.3K +730.1% 0.0% Increased 47
Edgestream Partners 4 185.7K 22.3K +163.4K +732.0% 0.3% Increased 46
Man Group 3 5.2K 51.0K -45.8K -89.7% 0.0% Reduced 45
Capstone Investment Advisors 3 11.2K 5.9K +5.3K +88.5% 0.0% Increased 44
Aquatic Capital Management 4 17.3K 2.7K +14.6K +539.6% 0.0% Increased 42
Engineers Gate 4 42.1K 21.0K +21.1K +100.7% 0.0% Increased 42
D. E. Shaw & Co., Inc. 1 49.2K 33.9K +15.3K +45.2% 0.0% Increased 38
TWO SIGMA INVESTMENTS, LP 2 470.4K 405.6K +64.9K +16.0% 0.0% Increased 32
AQR Capital Management 3 566.5K 405.0K +161.5K +39.9% 0.0% Increased 32
Holocene Advisors, LP 2 6.2K 8.2K -2.1K -25.0% 0.0% Reduced 31
CITADEL ADVISORS LLC 1 140.3K 155.2K -14.9K -9.6% 0.0% Reduced 29
Brevan Howard Capital Management 3 18.1K 13.0K +5.0K +38.5% 0.0% Increased 28
Y-Intercept 4 57.3K 84.0K -26.8K -31.8% 0.1% Reduced 27
MILLENNIUM MANAGEMENT LLC 2 318.6K 328.9K -10.3K -3.1% 0.0% Reduced 27
Centiva Capital 4 9.1K 14.4K -5.3K -36.7% 0.0% Reduced 27
Qube Research & Technologies Ltd 2 648.8K 650.4K -1.6K -0.2% 0.0% Reduced 24
Trexquant Investment 3 29.5K 29.4K +89 +0.3% 0.0% Increased 20
Gotham Asset Management, LLC 2 5.5K 5.5K 0 +0.0% 0.0% Unchanged 18

Every fund above opens. Subscribers can see any manager's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.

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Hedge funds are identified from their 13F filings, which are due 45 days after quarter end and cover long U.S.-listed equity positions only. A fund's short book never appears, so a reduced position can mean a changed view or a changed hedge — the filing doesn't say which.