First Merchants Corporation (FRME)
Who owns First Merchants Corporation (FRME)? This page shows the largest institutions and funds, the ownership structure and the latest insider transactions. 98.2% of the shares are freely tradable; institutional investors hold 75.3%.
Ownership Structure
Largest Shareholders
Institutions
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard Group Inc | 9.49 | 5,983,901 | -1.6 | 12/31/2025 |
| BlackRock Inc | 7.77 | 4,899,356 | -0.1 | 03/31/2026 |
| Dimensional Fund Advisors, Inc. | 5.71 | 3,596,017 | +6.6 | 03/31/2026 |
| Vanguard Portfolio Management, LLC | 5.33 | 3,359,034 | +0.0 | 03/31/2026 |
| Vanguard Capital Management, LLC | 4.33 | 2,730,611 | +0.0 | 03/31/2026 |
| Earnest Partners LLC | 3.58 | 2,255,590 | -2.4 | 03/31/2026 |
| State Street Corp | 3.55 | 2,239,768 | +9.7 | 03/31/2026 |
| Geode Capital Management, LLC | 2.50 | 1,573,781 | +2.2 | 03/31/2026 |
Funds
| Name | Stake (%) | Shares | Change (%) | Date |
|---|---|---|---|---|
| Vanguard Total Stock Mkt Idx Inv | 3.09 | 1,944,302 | +0.5 | 04/30/2026 |
| iShares Russell 2000 ETF | 2.37 | 1,494,612 | +0.9 | 05/29/2026 |
Largest reported positions according to regulatory filings; stake as a percentage of shares outstanding, change versus the previous filing. Source: fundamentals data.
Data as of: July 31, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.