Latest FIRST MERCHANTS CORP Stock Portfolio

FIRST MERCHANTS CORP Performance:

2025 Q4: -0.38%YTD: 5.76%2024: 10.8%

Performance for 2025 Q4 is -0.38%, and YTD is 5.76%, and 2024 is 10.8%.

About FIRST MERCHANTS CORP and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, FIRST MERCHANTS CORP reported an equity portfolio of $2.7 Billions as of 31 Dec, 2025.

The top stock holdings of FIRST MERCHANTS CORP are , VB, . The fund has invested 7.7% of it's portfolio in FMPW INST MONEY and 5% of portfolio in VANGUARD 500 INDEX A.

The fund managers got completely rid off RUSSELL INVESTMENT CO TAX MANAG, VANGUARD S/T CORP (BNDW) and POOL CORPORATION (POOL) stocks. They significantly reduced their stock positions in COMCAST CL A (CMCSA), BIOTECH INDEX ISHR (IJR) and ADOBE SYSTEMS INC (ADBE). FIRST MERCHANTS CORP opened new stock positions in EATON VANCE LIMITED DURATION IN, INTERNATIONAL BUSINE (IBM) and ISHARES PREF & INC (AAXJ). The fund showed a lot of confidence in some stocks as they added substantially to NETFLIX (NFLX), SERVICE NOW INC (NOW) and DODGE & COX INTL FD.

FIRST MERCHANTS CORP Annual Return Estimates Vs S&P 500

Our best estimate is that FIRST MERCHANTS CORP made a return of -0.38% in the last quarter. In trailing 12 months, it's portfolio return was 5.76%.

Performance
S&P 500

New Buys

Ticker	$ Bought
eaton vance limited duration in	505,410
nuveen pre com	418,825
impax inter sust economy fund i	408,099
international busine	373,225
vanguard high yld bd	307,841
ishares pref & inc	300,467
ivy fds small cap gr	272,812
l ryan pn dtd 12-1-25 6.5 $310	269,295

New stocks bought by FIRST MERCHANTS CORP

Additions

Ticker	% Inc.
netflix	977
service now inc	413
dodge & cox intl fd	297
ball corp, common	125
duke energy corp	125
technology sel ish	101
proshares tr ultrapro qqq	100
consumer disc spdr	98.58

Additions to existing portfolio by FIRST MERCHANTS CORP

Reductions

Ticker	% Reduced
comcast cl a	-56.9
biotech index ishr	-51.28
adobe systems inc	-49.55
vanguard primecap	-49.39
republic services	-42.5
zoetis inc	-42.03
tesla motors	-37.66
van int-term corp	-36.59

FIRST MERCHANTS CORP reduced stake in above stock

Sold off

Ticker	$ Sold
a/b/i fmb loc5927668	-1.00
l ryan pn dtd 12-1-24 6.5 $265	-258,374
a/b/i - fmb mtg loan	-1.00
tri continental corp	-938,638
pax msci intl esg in	-337,231
john hancock ii floating rate i	-108,637
russell investment co tax manag	-1,282,160
federated fltg rate	-96,825

FIRST MERCHANTS CORP got rid off the above stocks

Sector Distribution

FIRST MERCHANTS CORP has about 65.7% of it's holdings in Others sector.

Sector	%
Others	65.7
Technology	10.9
Financial Services	4.7
Healthcare	4.6
Consumer Cyclical	3.6
Communication Services	3.1
Industrials	3
Consumer Defensive	2.2

Market Cap. Distribution

FIRST MERCHANTS CORP has about 32.9% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	65.7
MEGA-CAP	19.5
LARGE-CAP	13.4
MID-CAP	1.3

Stocks belong to which Index?

About 34% of the stocks held by FIRST MERCHANTS CORP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	66
S&P 500	32.9
RUSSELL 2000	1.1

Top 5 Winners (%)		%
LLY	lilly eli & co, com	40.8 %
CAH	cardinal health inc	30.9 %
GOOG	alphabet cl a	28.3 %
LRCX	lam research	27.7 %
GOOG	alphabet inc cl c	27.3 %

Top 5 Winners ($)		$
LLY	lilly eli & co, com	15.8 M
GOOG	alphabet cl a	13.3 M
LRCX	lam research	5.2 M
AAPL	apple inc	3.5 M
VB	vanguard 500 index a	3.1 M

Top 5 Losers (%)		%
NFLX	netflix	-86.6 %
NOW	service now inc	-75.0 %
	dodge & cox intl fd	-65.2 %
XLB	utilities spdr	-44.0 %
XLB	energy spdr	-43.5 %

Top 5 Losers ($)		$
NOW	service now inc	-21.0 M
	dodge & cox intl fd	-6.8 M
XLB	technology sel ish	-6.7 M
XLB	consumer disc spdr	-5.1 M
MSFT	microsoft corp	-3.6 M

FIRST MERCHANTS CORP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FIRST MERCHANTS CORP

FIRST MERCHANTS CORP has 345 stocks in it's portfolio. About 32.4% of the portfolio is in top 10 stocks. NOW proved to be the most loss making stock for the portfolio. LLY was the most profitable stock for FIRST MERCHANTS CORP last quarter.

Last Reported on: 12 Jan, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.05	203,478	55,317,500	reduced	-1.58

AAXJ	ishares interm gov/cred bond et	0.10	23,961	2,572,210	reduced	-7.7

AAXJ	ishares tr	0.01	10,359	408,663	added	8.63

AAXJ	ishares pref & inc	0.01	9,705	300,467	new

ABBV	abbvie	0.48	56,344	12,874,000	added	0.63

ABC	cencora, inc	0.02	1,950	658,613	unchanged	0.00

ABT	abbott labs common	0.20	43,513	5,451,740	reduced	-2.56

ACES	allerian mlp etf	0.04	20,887	982,107	added	9.43

ACN	accenture plc	0.44	44,296	11,884,600	added	5.69

ADBE	adobe systems inc	0.07	5,072	1,775,150	reduced	-49.55

ADP	auto data processing	0.42	44,514	11,450,300	reduced	-0.98

AEMB	avantis us small cap	0.66	175,077	17,854,400	added	12.7

AEP	american elec pwr in	0.01	2,656	306,263	reduced	-0.3

AFL	aflac inc	0.02	5,083	560,502	unchanged	0.00

AMAT	applied matls inc	0.02	1,941	498,818	unchanged	0.00

AMD	advanced micro dev	0.01	1,199	256,778	new

AME	ametek inc	0.29	38,266	7,856,390	added	22.97

AMGN	amgen inc	0.12	9,613	3,146,430	reduced	-0.95

AMP	ameriprise finl	0.20	11,043	5,414,330	reduced	-4.97

AMZN	amazon	1.12	130,926	30,220,300	added	2.43