FRME Institutional Ownership & Shareholders
FIRST MERCHANTS CORP (FRME) is currently held by 301 institutional investors tracked by InsiderSet, with a combined reported market value of approximately $2.01B based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026.
Blackrock, Inc. is currently the largest disclosed institutional shareholder of FRME tracked by InsiderSet, reporting ownership valued at approximately $232.64M in its June 30, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $220.23M, representing an estimated loss of -5.33% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 53% of the total disclosed FRME value among the investors covered in this analysis. Major shareholders include Blackrock, Inc., Dimensional Fund Advisors Lp, Vanguard Portfolio Management Llc, and several other long-term asset managers with concentrated positions in FIRST MERCHANTS CORP (FRME).
This page ranks the largest institutional FRME shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
301
Total Reported Value
$2.01B
Largest Holder
Blackrock, Inc.
Largest Position
$232.64M
Insider Transactions (90d)
12
Latest Filing Quarter
Q2 2026
New Institutional Positions
37
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Blackrock, Inc. | 0.00% | 5,324,728 | $232,637,346 | $220,230,750 | -$12,406,596 | -5.33% | |
| Dimensional Fund Advisors Lp | 0.03% | 3,689,776 | $161,205,299 | $152,609,135 | -$8,596,164 | -5.33% | |
| Vanguard Portfolio Management Llc | 0.01% | 3,402,832 | $148,669,730 | $140,741,132 | -$7,928,598 | -5.33% | |
| Vanguard Capital Management Llc | 0.00% | 2,720,680 | $118,866,509 | $112,527,325 | -$6,339,184 | -5.33% | |
| State Street Corp | 0.00% | 2,551,308 | $111,466,647 | $105,522,099 | -$5,944,548 | -5.33% | |
| Earnest Partners Llc | 0.34% | 2,174,024 | $94,983,109 | $89,917,633 | -$5,065,476 | -5.33% | |
| Geode Capital Management, Llc | 0.00% | 1,670,991 | $73,017,129 | $69,112,188 | -$3,904,941 | -5.35% | |
| Nuveen, Llc | 0.01% | 1,058,876 | $46,262,292 | $43,795,111 | -$2,467,181 | -5.33% | |
| Victory Capital Management Inc | 0.03% | 1,042,728 | $45,556,787 | $43,127,230 | -$2,429,557 | -5.33% | |
| Systematic Financial Management Lp | 0.74% | 850,405 | $37,154,243 | $35,172,751 | -$1,981,492 | -5.33% | |
| First Trust Advisors Lp | 0.02% | 776,088 | $33,907,284 | $32,099,000 | -$1,808,284 | -5.33% | |
| Charles Schwab Investment Management Inc | 0.00% | 711,910 | $31,103,348 | $29,444,598 | -$1,658,750 | -5.33% | |
| Fj Capital Management Llc | 4.03% | 711,425 | $31,082,158 | $29,424,538 | -$1,657,620 | -5.33% | |
| Goldman Sachs Group Inc | 0.00% | 697,055 | $30,454,335 | $28,830,195 | -$1,624,140 | -5.33% | |
| Wellington Management Group Llp | 0.01% | 696,621 | $30,435,372 | $28,812,245 | -$1,623,127 | -5.33% | |
| Pl Capital Advisors, Llc | 8.34% | 686,333 | $29,985,889 | $28,386,733 | -$1,599,156 | -5.33% | |
| Northern Trust Corp | 0.00% | 683,988 | $29,883,436 | $28,289,744 | -$1,593,692 | -5.33% | |
| Qube Research & Technologies Ltd | 0.03% | 648,844 | $28,347,994 | $26,836,188 | -$1,511,806 | -5.33% | |
| Jpmorgan Chase & Co | 0.00% | 639,609 | $27,896,569 | $26,454,228 | -$1,442,341 | -5.17% | |
| William Blair Investment Management, Llc | 0.08% | 622,443 | $27,194,535 | $25,744,242 | -$1,450,293 | -5.33% | |
| Aqr Capital Management Llc | 0.01% | 566,471 | $24,749,098 | $23,429,241 | -$1,319,857 | -5.33% | |
| Public Employees Retirement Association Of Colorado | 0.08% | 546,322 | $23,869,000 | $22,595,878 | -$1,273,122 | -5.33% | |
| Two Sigma Investments, Lp | 0.02% | 470,409 | $20,552,169 | $19,456,116 | -$1,096,053 | -5.33% | |
| First Merchants Corp | 0.67% | 515,902 | $20,522,582 | $21,337,707 | +$815,125 | +3.97% | |
| Manufacturers Life Insurance Company, The | 0.01% | 432,341 | $18,888,978 | $17,881,624 | -$1,007,354 | -5.33% | |
| Bridgeway Capital Management, Llc | 0.33% | 429,606 | $18,769,486 | $17,768,504 | -$1,000,982 | -5.33% | |
| Fmr Llc | 0.00% | 420,996 | $18,393,321 | $17,412,395 | -$980,926 | -5.33% | |
| Bank Of New York Mellon Corp | 0.00% | 415,568 | $18,156,183 | $17,187,892 | -$968,291 | -5.33% | |
| Vanguard Fiduciary Trust Co | 0.00% | 410,238 | $17,923,298 | $16,967,444 | -$955,854 | -5.33% | |
| Fisher Asset Management, Llc | 0.00% | 367,005 | $16,034,447 | $15,179,327 | -$855,120 | -5.33% | |
| American Century Companies Inc | 0.01% | 344,504 | $15,051,380 | $14,248,685 | -$802,695 | -5.33% | |
| Raymond James Financial Inc | 0.00% | 339,054 | $14,813,277 | $14,023,273 | -$790,004 | -5.33% | |
| Hotchkis & Wiley Capital Management Llc | 0.04% | 337,897 | $14,762,720 | $13,975,420 | -$787,300 | -5.33% | |
| Metlife Investment Management, Llc | 0.06% | 320,319 | $13,994,737 | $13,248,394 | -$746,343 | -5.33% | |
| Millennium Management Llc | 0.01% | 318,618 | $13,920,420 | $13,178,040 | -$742,380 | -5.33% | |
| Glenmede Trust Co Na | 0.06% | 296,414 | $12,950,327 | $12,259,683 | -$690,644 | -5.33% | |
| Empowered Funds, Llc | 0.06% | 277,911 | $12,141,932 | $11,494,399 | -$647,533 | -5.33% | |
| Morgan Stanley | 0.00% | 213,604 | $9,332,445 | $8,834,661 | -$497,784 | -5.33% | |
| Bank Of America Corp | 0.00% | 206,018 | $9,000,926 | $8,520,904 | -$480,022 | -5.33% | |
| Wells Fargo & Company/Mn | 0.00% | 202,821 | $8,861,260 | $8,388,677 | -$472,583 | -5.33% | |
| Phocas Financial Corp. | 1.22% | 201,603 | $8,808,035 | $8,338,300 | -$469,735 | -5.33% | |
| Denali Advisors Llc | 0.86% | 194,500 | $8,497,705 | $8,044,520 | -$453,185 | -5.33% | |
| Edgestream Partners, L.P. | 0.24% | 185,737 | $8,114,850 | $7,682,082 | -$432,768 | -5.33% | |
| Alliancebernstein L.P. | 0.00% | 204,281 | $7,911,803 | $8,449,062 | +$537,259 | +6.79% | |
| Marshall Wace, Llp | 0.01% | 159,382 | $6,963,398 | $6,592,040 | -$371,358 | -5.33% | |
| Susquehanna International Group, Llp | 0.01% | 151,364 | $6,613,093 | $6,260,415 | -$352,678 | -5.33% | |
| Citadel Advisors Llc | 0.00% | 140,294 | $6,129,444 | $5,802,560 | -$326,884 | -5.33% | |
| Arrowstreet Capital, Limited Partnership | 0.00% | 134,606 | $5,880,936 | $5,567,304 | -$313,632 | -5.33% | |
| Swiss National Bank | 0.00% | 127,162 | $5,555,708 | $5,259,420 | -$296,288 | -5.33% | |
| Envestnet Asset Management Inc | 0.00% | 124,472 | $5,438,170 | $5,148,162 | -$290,008 | -5.33% |
Frequently asked questions about FRME
Who are the largest institutional holders of FRME?
The largest institutional holders of FRME reported in the latest SEC Form 13F filings include Blackrock, Inc., Dimensional Fund Advisors Lp, Vanguard Portfolio Management Llc, Vanguard Capital Management Llc, and State Street Corp. InsiderSet ranks institutional holders by their latest reported FRME position.
What is FRME institutional ownership?
This page tracks FRME positions reported by institutional investment managers through SEC Form 13F. FIRST MERCHANTS CORP (FRME) institutional ownership on InsiderSet reflects disclosed 13F holdings among the managers we analyze, not every shareholder of the stock.
How many institutions own FRME?
InsiderSet currently tracks 301 institutional managers reporting FRME holdings in the latest available 13F data. This count reflects institutions included in the SEC Form 13F filings analyzed by InsiderSet and should not be interpreted as the total number of FRME shareholders.
How much FRME stock do institutions own?
Institutional investment managers disclosed approximately $2.01B in FRME holdings for Q2 2026. This figure is reported 13F value as of the filing period, not necessarily today's market value.
When was FRME institutional ownership last updated?
The latest FRME institutional ownership data on InsiderSet is based on SEC Form 13F filings for the quarter ended June 30, 2026. Form 13F filings are generally reported after the quarter ends, so the holdings shown represent the latest publicly disclosed positions rather than real-time institutional holdings.
Are institutional FRME holdings real-time?
No. Form 13F data is not real-time. It represents positions reported by institutional investment managers as of the end of the reporting quarter. An institution may have changed its FRME position after the reporting date.
Are institutions buying or selling FRME?
Institutional buying and selling can be analyzed by comparing FRME positions across consecutive 13F reporting periods. InsiderSet's FRME Ownership Changes page shows institutions that increased, reduced, initiated, or exited positions based on reported 13F holdings. View FRME ownership changes.
How has FRME institutional ownership changed over time?
InsiderSet tracks FRME institutional holdings across multiple 13F reporting periods, allowing investors to compare institutional holder counts, reported value, and reported shares over time.