Which hedge funds own FRME? FIRST MERCHANTS CORP, Q2 2026 13F holders
39 tracked hedge funds disclosed a position in FRME (FIRST MERCHANTS CORP) in their Q2 2026 13F filings, worth $221.2m in total. The largest holder by portfolio weight is PL Capital Advisors, LLC at 8.3% of its book. 7 opened a new position this quarter: Oxford Asset Management LLP, Mirabella Financial Services LLP, Quantbot Technologies LP, ExodusPoint Capital Management, LP. 3 exited: Entropy Technologies, LP, Balyasny Asset Management L.P., Renaissance Technologies LLC.
- 39
- Holders Tracked managers whose filing for the quarter reports a long equity position in the security.
- 7
- New this quarter Holders whose previous filing (at most two quarters earlier) did not report the security.
- 3
- Exited this quarter Tracked managers whose previous filing reported the security and whose filing for the quarter does not.
- $11.5m
- Inflow, new holders Combined value of the positions the new holders reported for the quarter.
- $2.4m
- Outflow, exits Combined value the exiting managers reported for the security in their previous filing.
- $221m
- Combined value Sum of the holders' reported positions in the security.
- 3.1%
- Share of managers holding Holders as a share of tracked managers filing for that quarter. Comparable across the 2024 coverage expansion, where the raw holder count is not.
Holders, Q2 2026
Exited since the previous filing
| Entropy Technologies, LP | 0.01% | $270k |
| Balyasny Asset Management L.P. | 0.0% | $1.4m |
| Renaissance Technologies LLC | 0.0% | $728k |
Ownership over time
Who discovered FRME first? Beta
| PL Capital Advisors, LLC high conviction | Q4 2013 | +7.6 pts |
| Rosenthal | Henry Capital Advisors, Inc. | Q2 2023 | +1.1 pts |
| FJ Capital Management LLC | Q4 2025 | +0.4 pts |
| Siena Capital Partners GP, LLC | Q2 2022 | +0.1 pts |
| EJF Capital LP | Q4 2022 | 0.0 pts |
| Elizabeth Park Capital Advisors, Ltd. | Q4 2023 | −0.1 pts |
| Maltese Capital Management LLC | Q4 2022 | −0.4 pts |
Split-adjusted quarter-end prices, excluding dividends. They describe the stock while each manager held it, not the return it earned.