First Merchants Corp Portfolio Shifts: Recent Holdings Changes in Q3 2026

As of September 30, 2026, First Merchants Corp's portfolio has undergone several changes, reflecting strategic adjustments in its investment positions. The investor, known for its disciplined approach, has made notable purchases and sales during the quarter, impacting its overall asset allocation and sector exposure.

Notable Purchases

First Merchants Corp has increased its stake in several funds and stocks this quarter. The most significant purchase was in FGTXX, the GS FIN SQ GOVT fund, where the investor added 1,487,565 shares, representing a 37.89% increase in its position. This suggests a continued interest in government-focused fixed-income strategies.

Additionally, the investor boosted its position in FTRLX, the FED TTL RET BD CL R6 fund, by 439,685 shares, resulting in a 4.4% increase. Similarly, there was a substantial increase in SRBRX, the FED SH INTRM TTL BD fund, with 335,683 more shares added, pushing its allocation slightly higher. The investor also showed renewed interest in SFNNX, the SCHWAB FDMTL INTL LC fund, increasing its stake by 223,922 shares, though this still resulted in a net decrease compared to the previous quarter.

Furthermore, the investor demonstrated a strong interest in APH, AMPHENOL CORPORATION, adding a significant 171,421 shares, which accounted for a 92.1% increase in its position. This indicates a potential strategic move towards this Technology sector stock. Another Technology stock, VIMAX, also saw an increase in shares, albeit a smaller one, with a 4.4% rise in holdings.

Strategic Exits and Reductions

Conversely, First Merchants Corp has also reduced its exposure in certain areas. The investor sold shares of VWIUX, the VANGUARD TAX EXEMPT fund, decreasing its position by 108,357 shares, or 6.72%. This could indicate a shift away from tax-exempt bond strategies.

There was a significant reduction in the position of SRBRX, the FED SH INTRM TTL BD fund, with a decrease of 223,922 shares, leading to a 6.48% reduction in its value. Similarly, SFNNX, SCHWAB FDMTL INTL LC, experienced a decrease of 223,922 shares, resulting in a 6.48% drop in its portfolio allocation.

The investor also trimmed its position in FPNIX, FPA NEW INCOME, by 95,428 shares, a 21.49% reduction. Additionally, holdings in VBSIX (VANGUARD MID-CAP VALUE) saw a decrease of 6,524 shares, and WCMIX (WCM FOCUSED INTL GR) and WCMEX (WCM FOCUSED EMRG MKT) both experienced reductions, with WCMIX down 7.61% and WCMEX down 4.86% in allocation percentage.

These adjustments, including the notable increase in fixed-income and Technology holdings, suggest a dynamic approach to managing risk and returns within the portfolio.

Overall Portfolio Changes

The portfolio now holds 328 distinct holdings, with the top five allocations accounting for 15.51% of the total value. The portfolio's sector allocation remains diversified, with Technology and Healthcare being prominent sectors, alongside various fixed-income and other allocations. The investor has shown activity in both buying and selling, with significant buys in FGTXX, FTRLX, SRBRX, SFNNX, and APH, and significant sales involving SRBRX, VWIUX, FPNIX, VBSIX, WCMIX, and WCMEX.

For more detailed information on First Merchants Corp's investment profile, you can visit their profile. Detailed data on individual holdings like FGTXX, FTRLX, and APH is also available on the platform.