FIRST MERCHANTS CORP (FRME) Institutional Shareholders
FIRST MERCHANTS CORP (FRME) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026. The institutional investors covered on this page collectively reported approximately $2.06B in FRME holdings during the latest filing period.
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 $221.03M, representing an estimated loss of -4.99% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 52% 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
302
Total Reported Value
$2.06B
Largest Holder
Blackrock, Inc.
Largest Position
$232.64M
Insider Transactions (90d)
29
Latest Filing Quarter
Q2 2026
New Institutional Positions
43
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 | $221,029,459 | -$11,607,887 | -4.99% | |
| Dimensional Fund Advisors Lp | 0.03% | 3,689,776 | $161,205,299 | $153,162,602 | -$8,042,697 | -4.99% | |
| Vanguard Portfolio Management Llc | 0.01% | 3,402,832 | $148,669,730 | $141,251,556 | -$7,418,174 | -4.99% | |
| Vanguard Capital Management Llc | 0.00% | 2,720,680 | $118,866,509 | $112,935,427 | -$5,931,082 | -4.99% | |
| State Street Corp | 0.00% | 2,551,308 | $111,466,647 | $105,904,795 | -$5,561,852 | -4.99% | |
| Earnest Partners Llc | 0.34% | 2,174,024 | $94,983,109 | $90,243,736 | -$4,739,373 | -4.99% | |
| Geode Capital Management, Llc | 0.00% | 1,670,991 | $73,017,129 | $69,362,836 | -$3,654,293 | -5.00% | |
| Nuveen, Llc | 0.01% | 1,058,876 | $46,262,292 | $43,953,943 | -$2,308,349 | -4.99% | |
| Victory Capital Management Inc | 0.03% | 1,042,728 | $45,556,787 | $43,283,639 | -$2,273,148 | -4.99% | |
| Systematic Financial Management Lp | 0.74% | 850,405 | $37,154,243 | $35,300,312 | -$1,853,931 | -4.99% | |
| First Trust Advisors Lp | 0.02% | 776,088 | $33,907,284 | $32,215,413 | -$1,691,871 | -4.99% | |
| Charles Schwab Investment Management Inc | 0.00% | 711,910 | $31,103,348 | $29,551,384 | -$1,551,964 | -4.99% | |
| Sixth Street Partners Management Company, L.P. | 0.00% | 711,910 | $31,103,348 | $29,551,384 | -$1,551,964 | -4.99% | |
| Fj Capital Management Llc | 4.03% | 711,425 | $31,082,158 | $29,531,252 | -$1,550,906 | -4.99% | |
| Goldman Sachs Group Inc | 0.00% | 697,055 | $30,454,335 | $28,934,753 | -$1,519,582 | -4.99% | |
| Wellington Management Group Llp | 0.01% | 696,621 | $30,435,372 | $28,916,738 | -$1,518,634 | -4.99% | |
| Pl Capital Advisors, Llc | 8.34% | 686,333 | $29,985,889 | $28,489,683 | -$1,496,206 | -4.99% | |
| Northern Trust Corp | 0.00% | 683,988 | $29,883,436 | $28,392,342 | -$1,491,094 | -4.99% | |
| Qube Research & Technologies Ltd | 0.03% | 648,844 | $28,347,994 | $26,933,514 | -$1,414,480 | -4.99% | |
| Jpmorgan Chase & Co | 0.00% | 639,609 | $27,896,569 | $26,550,170 | -$1,346,399 | -4.83% | |
| William Blair Investment Management, Llc | 0.08% | 622,443 | $27,194,535 | $25,837,609 | -$1,356,926 | -4.99% | |
| Aqr Capital Management Llc | 0.01% | 566,471 | $24,749,098 | $23,514,211 | -$1,234,887 | -4.99% | |
| Public Employees Retirement Association Of Colorado | 0.08% | 546,322 | $23,869,000 | $22,677,826 | -$1,191,174 | -4.99% | |
| First Merchants Corp | 0.80% | 521,994 | $22,805,918 | $21,667,971 | -$1,137,947 | -4.99% | |
| Two Sigma Investments, Lp | 0.02% | 470,409 | $20,552,169 | $19,526,678 | -$1,025,491 | -4.99% | |
| Manufacturers Life Insurance Company, The | 0.01% | 432,341 | $18,888,978 | $17,946,475 | -$942,503 | -4.99% | |
| Bridgeway Capital Management, Llc | 0.33% | 429,606 | $18,769,486 | $17,832,945 | -$936,541 | -4.99% | |
| Fmr Llc | 0.00% | 420,996 | $18,393,321 | $17,475,544 | -$917,777 | -4.99% | |
| Bank Of New York Mellon Corp | 0.00% | 415,568 | $18,156,183 | $17,250,228 | -$905,955 | -4.99% | |
| Vanguard Fiduciary Trust Co | 0.00% | 410,238 | $17,923,298 | $17,028,979 | -$894,319 | -4.99% | |
| Fisher Asset Management, Llc | 0.00% | 367,005 | $16,034,447 | $15,234,378 | -$800,069 | -4.99% | |
| American Century Companies Inc | 0.01% | 344,504 | $15,051,380 | $14,300,361 | -$751,019 | -4.99% | |
| Raymond James Financial Inc | 0.00% | 339,054 | $14,813,277 | $14,074,132 | -$739,145 | -4.99% | |
| Hotchkis & Wiley Capital Management Llc | 0.04% | 337,897 | $14,762,720 | $14,026,104 | -$736,616 | -4.99% | |
| Metlife Investment Management, Llc | 0.06% | 320,319 | $13,994,737 | $13,296,442 | -$698,295 | -4.99% | |
| Millennium Management Llc | 0.01% | 318,618 | $13,920,420 | $13,225,833 | -$694,587 | -4.99% | |
| Glenmede Trust Co Na | 0.06% | 296,414 | $12,950,327 | $12,304,145 | -$646,182 | -4.99% | |
| Empowered Funds, Llc | 0.06% | 277,911 | $12,141,932 | $11,536,086 | -$605,846 | -4.99% | |
| Morgan Stanley | 0.00% | 213,604 | $9,332,445 | $8,866,702 | -$465,743 | -4.99% | |
| Bank Of America Corp | 0.00% | 206,018 | $9,000,926 | $8,551,807 | -$449,119 | -4.99% | |
| Wells Fargo & Company/Mn | 0.00% | 202,821 | $8,861,260 | $8,419,100 | -$442,160 | -4.99% | |
| Phocas Financial Corp. | 1.22% | 201,603 | $8,808,035 | $8,368,541 | -$439,494 | -4.99% | |
| Denali Advisors Llc | 0.86% | 194,500 | $8,497,705 | $8,073,695 | -$424,010 | -4.99% | |
| Edgestream Partners, L.P. | 0.24% | 185,737 | $8,114,850 | $7,709,943 | -$404,907 | -4.99% | |
| Alliancebernstein L.P. | 0.00% | 204,281 | $7,911,803 | $8,479,704 | +$567,901 | +7.18% | |
| Proshare Advisors Llc | 0.01% | 170,104 | $7,431,844 | $7,061,017 | -$370,827 | -4.99% | |
| Marshall Wace, Llp | 0.01% | 159,382 | $6,963,398 | $6,615,947 | -$347,451 | -4.99% | |
| Susquehanna International Group, Llp | 0.01% | 151,364 | $6,613,093 | $6,283,120 | -$329,973 | -4.99% | |
| Verition Fund Management Llc | 0.02% | 149,054 | $6,512,170 | $6,187,232 | -$324,938 | -4.99% | |
| Citadel Advisors Llc | 0.00% | 140,294 | $6,129,444 | $5,823,604 | -$305,840 | -4.99% |
Frequently asked questions about FRME
Who owns the most FRME stock?
The largest holders of FRME are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for FIRST MERCHANTS CORP (FRME).
Is FRME widely held by superinvestors?
Many widely followed stocks like FRME appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly FRME is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.