FRME
First Merchants Corporation · Financial Services · Banks - Regional
Momentum inputs (comparable managers):
holder breadth -20.0% ·
share flow +3.0% ·
net new positions -20.0%
— formula
Concentrated accumulation — rising shares among fewer holders
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2024
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 92 | -7 | 31.21M | $1.36B | +1 | −8 |
| Q1 2026 | 102 | +6 | 31.23M | $1.21B | +9 | −3 |
| Q4 2025 | 96 | +2 | 32.69M | $1.23B | +2 | — |
| Q3 2025 | 17 | -1 | 18.22M | $686.94M | +1 | −3 |
| Q2 2025 | 16 | 0 | 15.57M | $596.25M | +2 | −2 |
| Q1 2025 | 13 | +3 | 4.43M | $179.05M | +3 | — |
| Q4 2024 | 10 | +1 | 4.55M | $181.66M | +1 | — |
| Q3 2024 | 8 | -2 | 2.68M | $99.69M | — | −2 |
| Q2 2024 | 10 | — | 2.60M | $86.61M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | Geode Capital Management ✦ (passive) | 1.40M | +0.8% | $52.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | Geode Capital Management ✦ (passive) | 1.40M | +0.8% | $52.12M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | Fisher Asset Management ✦ | 447.79K | -2.8% | $16.66M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 4 | Millennium Management ✦ | 318.04K | +277.3% | $11.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 5 | Norges Bank ✦ (passive) | 248.31K | -16.7% | $9.24M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 6 | AQR Capital Management ✦ | 142.77K | +3.1% | $5.31M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | AQR Capital Management ✦ | 142.77K | +3.1% | $5.31M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 8 | T. Rowe Price ✦ | 54.30K | +3.0% | $2.02M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 9 | Two Sigma Investments ✦ | 38.47K | -52.8% | $1.43M | 0.0% | ▼ Trim | 2 | SEC ↗ |
| 10 | Citadel Advisors ✦ | 29.18K | +242.8% | $1.09M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 11 | Citadel Advisors ✦ | 29.18K | +242.8% | $1.09M | 0.0% | ▲ Add | 2 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| Renaissance Technologies | $1.96M | was 0.0% |
| D. E. Shaw & Co. | $961,215 | was 0.0% |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 296 holders, 45.59M shares, $1.73B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.
Open-market purchases (P)
No open-market insider purchases in our coverage window.
Open-market sales (S)
Officer · 4.08K sh · $176,256
Awards, exercises and tax withholding are never counted as buys or sales here. Methodology