First Merchants Ownership | Who Owns First Merchants?


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First Merchants Ownership Summary


First Merchants is owned by 77.51% institutional investors, 2.09% insiders, and 20.40% retail investors. Vanguard group is the largest institutional shareholder, holding 10.37% of FRME shares. Vanguard Morn Total Stk Mkt Idx Investor is the top mutual fund, with 3.06% of its assets in First Merchants shares.

FRME Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockFirst Merchants77.51%2.09%20.40%
SectorFinancial Services Stocks 736.16%13.84%-650.00%
IndustryRegional Banks Stocks54.14%12.51%33.36%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group5.98M10.37%$224.28M
Blackrock funding, inc. /de5.32M8.73%$232.64M
Blackrock4.83M8.18%$160.84M
Dimensional fund advisors lp3.69M6.05%$161.21M
Vanguard capital management2.72M4.46%$118.87M
State street2.55M4.18%$111.47M
Earnest partners2.17M3.56%$94.98M
Geode capital management1.67M2.74%$73.02M
Nuveen1.06M1.74%$46.26M
Victory capital management1.04M1.71%$45.56M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Pl capital advisors686.33K8.34%$29.99M
Fj capital management711.42K4.03%$31.08M
Petiole usa94.05K2.95%$4.11M
Cardinal capital management llc /ct275.89K2.51%$9.18M
John w. rosenthal capital management41.16K1.57%$1.80M
Round hill asset management54.53K1.50%$2.38M
Mesirow institutional investment management477.01K1.46%$19.03M
Phocas financial201.60K1.22%$8.81M
Mendon capital advisors75.00K1.16%$3.28M
Lynch & associates/in130.00K0.99%$5.68M

Top Buyers

HolderShares% AssetsChange
Sixth street partners management company711.91K0.00%711.91K
Blackrock funding, inc. /de5.32M0.00%425.37K
State street2.55M0.00%311.54K
Mesirow institutional investment management477.01K1.46%197.78K
Norges bank181.76K0.00%181.76K

Top Sellers

HolderShares% AssetsChange
Capital investors---1.35M
Cardinal capital management llc /ct275.89K2.51%-1.07M
Boston partners---721.50K
Goldman sachs group697.05K0.00%-440.13K
Ceredex value advisors---413.95K

New Positions

HolderShares% AssetsChangeValue
Sixth street partners management company711.91K0.00%711.91K$31.10M
Norges bank181.76K0.00%181.76K$7.25M
Jain global31.45K0.01%31.45K$1.37M
Quantbot technologies lp27.68K0.05%27.68K$1.21M
Squarepoint ops20.98K0.00%20.98K$916.66K

Sold Out

HolderChange
Twin peaks wealth advisors-1.00
Curio wealth-1.00
Caitong asset management-2.00
Tfo-tdc-3.00
Claris advisors, llc / mo /-4.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 20263061.66%47,287,4682.52%771.21%162-9.50%8617.81%
Mar 31, 20262964.96%45,879,6223.94%791.36%17837.98%70-26.32%
Dec 31, 2025193-31.32%34,059,082-23.07%591.00%78-43.88%64-18.99%
Sep 30, 2025191-28.73%32,658,912-23.36%561.03%84-33.33%56-32.53%
Jun 30, 20252731.49%44,124,487-0.31%761.32%12810.34%86-7.53%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard Morn Total Stk Mkt Idx Investor1.91M3.06%-16.27K
Vanguard MStar Total Stk Mkt Idx Invest1.92M3.05%13.49K
Vanguard Total Stock Mkt Idx Inv1.91M3.02%-16.27K
Vanguard US Total Market Shares ETF1.68M2.87%-187.56K
iShares Russell 2000 ETF1.69M2.68%-29.95K
Vanguard Small Cap Index1.38M2.19%3.54K
American Funds SMALLCAP World A1.35M2.12%-
Vanguard Morn Small Cap Value Index872.23K1.40%-20.55K
Vanguard MStar Small Cap Value Index874.11K1.39%1.87K
Vanguard Small Cap Value Index Inv872.23K1.38%-20.55K

Recent Insider Transactions


DateNameRoleActivityValue
Aug 19, 2026FLUHLER STEPHAN Chief Information OfficerSell$176.26K
Jun 11, 2026Myers Larry W-Sell$415.00K
Jun 12, 2026Myers Larry W-Sell$420.00K
May 05, 2026Myers Larry W First Vice PresidentSell$16.50
Feb 26, 2026Myers Larry W First Vice PresidentSell$207.50K

Insider Transactions Trends


DateBuySell
2026 Q3-1
2026 Q2-3
2026 Q1-3
2025 Q4-1
2025 Q3--

FRME Ownership FAQ


Who Owns First Merchants?

First Merchants shareholders are primarily institutional investors at 77.51%, followed by 2.09% insiders and 20.40% retail investors. The average institutional ownership in First Merchants's industry, Regional Banks Stocks, is 54.14%, which First Merchants exceeds.

Who owns the most shares of First Merchants?

First Merchants’s largest shareholders are Vanguard group (5.98M shares, 10.37%), Blackrock funding, inc. /de (5.32M shares, 8.73%), and Blackrock (4.83M shares, 8.18%). Together, they hold 27.27% of First Merchants’s total shares outstanding.

Does Blackrock own First Merchants?

Yes, BlackRock owns 8.18% of First Merchants, totaling 4.83M shares as of Jun 2024. This represents 0.00% of BlackRock's total assets, with a market value of 160.84M$. In the last quarter, BlackRock decreased its holdings by -92.727K shares, a -1.88% change.

Who is First Merchants’s biggest shareholder by percentage of total assets invested?

Pl capital advisors is First Merchants’s biggest shareholder by percentage of total assets invested, with 8.34% of its assets in 686.33K First Merchants shares, valued at 29.99M$.

Who is the top mutual fund holder of First Merchants shares?

Vanguard Morn Total Stk Mkt Idx Investor is the top mutual fund holder of First Merchants shares, with 3.06% of its total shares outstanding invested in 1.91M First Merchants shares.

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