First Merchants Corporation
US ˙ NasdaqGS ˙ US3208171096

SecurityFRME / First Merchants Corporation
InstitutionAdvisor Group Holdings, Inc.
Latest Disclosed Ownership13,689 shares
Latest Disclosed Value $ 530,245
Advisor Group Holdings, Inc. reports 4.40% decrease in ownership of FRME / First Merchants Corporation

On May 15, 2026 - Advisor Group Holdings, Inc. filed a 13F-HR form disclosing ownership of 13,689 shares of First Merchants Corporation (US:FRME) valued at $530,175 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 14,319 shares of First Merchants Corporation. This represents a change in shares of -4.40% during the quarter. The current value of the position is $546,602 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F FIRST MERCHANTS COM 320817109 13,689 -630 -4.40 530 -1.12 0.0005
2026-02-17 2025-12-31 13F FIRST MERCHANTS COM 320817109 14,319 -2,816 -16.43 537 -23.65 0.0008
2025-11-14 2025-09-30 13F FIRST MERCHANTS COM 320817109 17,135 -3,167 -15.60 703 -9.65 0.0010
2025-09-04 2025-06-30 13F/A-1 IRST MERCHANTS COM 320817109 20,302 -824 -3.90 778 -9.02 0.0014
2025-08-13 2025-06-30 13F IRST MERCHANTS COM 320817109 20,039 -1,087 798 0.0009
2025-05-12 2025-03-31 13F FIRST MERCHANTS COM 320817109 21,126 1,849 9.59 855 11.05 0.0019
2025-06-06 2024-12-31 13F/A-1 FIRST MERCHANTS COM 320817109 19,277 -367 -1.87 769 5.34 0.0017
2025-02-07 2024-12-31 13F FIRST MERCHANTS COM 320817109 19,751 107 737 0.0019
2024-11-13 2024-09-30 13F FIRST MERCHANTS COM 320817109 19,644 504 2.63 731 14.60 0.0016
2024-08-13 2024-06-30 13F FIRST MERCHANTS COM 320817109 19,140 381 2.03 637 -2.60 0.0015
2024-05-10 2024-03-31 13F FIRST MERCHANTS COM 320817109 18,759 -13,415 -41.70 655 -45.18 0.0015
2024-02-12 2023-12-31 13F FIRST MERCHANTS COM 320817109 32,174 -11,820 -26.87 1,193 -2.45 0.0021
2023-11-13 2023-09-30 13F FIRST MERCHANTS COM 320817109 43,994 11,661 36.07 1,224 34.10 0.0018
2023-08-21 2023-06-30 13F/A-1 FIRST MERCHANTS COM 320817109 32,333 3,104 10.62 913 -5.30 0.0016
2023-08-10 2023-06-30 13F FIRST MERCHANTS COM 320817109 32,333 3,104 913 0.0002
2023-05-12 2023-03-31 13F FIRST MERCHANTS COM 320817109 29,229 1,542 5.57 963 -15.38 0.0018
2023-02-10 2022-12-31 13F FIRST MERCHANTS COM 320817109 27,687 -221 -0.79 1,138 5.47 0.0023
2022-11-14 2022-09-30 13F FIRST MERCHANTS COM 320817109 27,908 378 1.37 1,079 9.99 0.0025
2022-08-10 2022-06-30 13F FIRST MERCHANTS COM 320817109 27,530 7,602 38.15 981 18.34 0.0022
2022-05-04 2022-03-31 13F FIRST MERCHANTS COM 320817109 19,928 919 4.83 829 4.28 0.0016
2022-02-03 2021-12-31 13F FIRST MERCHANTS COM 320817109 19,009 64 0.34 795 0.25 0.0015
2021-11-05 2021-09-30 13F FIRST MERCHANTS COM 320817109 18,945 -727 -3.70 793 -3.17 0.0017
2021-08-02 2021-06-30 13F FIRST MERCHANTS COM 320817109 19,672 4,588 30.42 819 16.83 0.0018
2021-05-13 2021-03-31 13F FIRST MERCHANTS COM 320817109 15,084 447 3.05 701 27.92 0.0017
2021-02-10 2020-12-31 13F FIRST MERCHANTS COM 320817109 14,637 -703 -4.58 548 54.37 0.0015
2020-11-12 2020-09-30 13F FIRST MERCHANTS COM 320817109 15,340 3,844 33.44 355 11.99 0.0011
2020-08-14 2020-06-30 13F FIRST MERCHANTS COM 320817109 11,496 1,716 17.55 317 22.39 0.0011
2020-05-18 2020-03-31 13F FIRST MERCHANTS COM 320817109 9,780 9,780 259 0.0011
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.