FIRST MERCHANTS CORP

CIK

712534

Location

Muncie, IN

Portfolio Value

Small $995,051,283

Diversification

Diversified

Filing Date

Global Rank

#1,917 / 8,517 ▼ 35

Top Industry

Semiconductors 11.0%

3Y Alpha vs SPY

+32.0%

Period ended 46 days ago

Filed Jul 15, 2026 · 31d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Cloned portfolio

+253.3%

SPY

+75.3%

Annualised alpha

+31.7%

Max drawdown

−16.6%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 100% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

152 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

6.4%

+0.5 pts

Top 5

27.7%

+2.7 pts

Top 10

44.2%

+5.5 pts

HHI

269

Diversified+37

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Technology	33.0%	$328,378,195	29
Financial Services	14.9%	$148,392,698	27
Healthcare	12.6%	$125,581,939	18
Consumer Cyclical	9.6%	$95,448,130	11
Communication Services	8.5%	$84,826,938	7
Industrials	7.2%	$71,392,728	24
Consumer Defensive	5.5%	$55,210,121	10
Energy	3.1%	$30,777,983	10
Unclassified	2.4%	$23,955,851	4
Basic Materials	2.0%	$19,577,096	5
Utilities	1.1%	$10,895,876	5
Real Estate	0.1%	$613,728	2

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
ETN	Eaton Corp plc	+10,736	12,718	$5,419,393
UNP	Union Pacific Corp	+8,067	11,687	$3,178,864
INTC	Intel Corp	+8,040	22,624	$3,158,989
JPM	Jpmorgan Chase & Co	+7,827	86,914	$28,449,558
V	Visa Inc.	+7,626	69,102	$23,708,204
SYK	Stryker Corp	+6,458	61,244	$19,282,060
NFLX	Netflix Inc	+4,962	44,091	$3,148,097
ABBV	AbbVie Inc.	+3,090	59,133	$14,880,227
CNI	Canadian National Railway Co	+2,900	7,437	$886,787
MSFT	Microsoft Corp	+2,005	102,598	$38,271,105
CVS	CVS HEALTH Corp	+2,000	4,909	$507,836
SCHW	Schwab Charles Corp	+1,664	124,909	$11,525,352
RTX	RTX Corp	+1,337	38,495	$7,303,656
VZ	Verizon Communications Inc	+1,335	15,010	$635,523
CMI	Cummins Inc	+1,204	14,657	$10,453,518
EMR	Emerson Electric Co	+1,000	4,634	$663,357
CVX	Chevron Corp	+987	35,179	$5,831,271
PEP	Pepsico Inc	+966	50,424	$6,827,409
COR	Cencora, Inc.	+700	2,650	$749,897
VLO	Valero Energy Corp/Tx	+685	9,982	$2,599,712
PG	PROCTER & GAMBLE Co	+500	74,084	$10,863,677
BRK-B	Berkshire Hathaway Inc	+498	14,398	$7,204,615
CFR	Cullen/Frost Bankers, Inc.	+436	39,202	$6,057,492
CEG	Constellation Energy Corp	+402	18,748	$4,656,440
CAT	Caterpillar Inc	+305	10,324	$10,994,027
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
NEE	Nextera Energy Inc	−52,216	40,871	$3,587,247
WMT	Walmart Inc.	−26,522	147,461	$16,701,431
JNJ	Johnson & Johnson	−15,587	49,522	$12,577,102
GOOGL	Alphabet Inc.	−12,122	179,199	$64,040,345
CMCSA	Comcast Corp	−8,399	16,666	$409,150
NVDA	Nvidia Corp	−6,896	162,711	$32,556,843
AVGO	Broadcom Inc.	−5,871	132,080	$49,893,219
CPRT	Copart Inc	−4,602	128,794	$3,630,702
AAPL	Apple Inc.	−4,333	196,715	$56,921,451
APH	Amphenol Corp /De/	−4,157	186,124	$32,817,382
BRO	Brown & Brown, Inc.	−3,982	88,371	$5,668,998
F	Ford Motor Co	−3,718	45,724	$635,563
FRME	First Merchants Corp	−3,164	521,994	$22,805,917
SLB	Slb Limited/Nv	−2,887	5,721	$265,969
DIS	Walt Disney Co	−2,784	35,570	$3,423,611
ACN	Accenture plc	−2,606	41,691	$5,188,027
COST	Costco Wholesale Corp /New	−2,520	14,203	$13,286,479
ADP	Automatic Data Processing Inc	−2,475	15,387	$3,445,917
NOW	ServiceNow, Inc.	−2,239	47,878	$4,753,327
SAP	Sap SE	−1,931	13,519	$2,083,412
AWK	American Water Works Company, Inc.	−1,797	7,391	$972,507
ORLY	O Reilly Automotive Inc	−1,700	107,396	$9,890,097
BAESY	Bae Systems PLC /Fi/	−1,696	66,726	$6,535,811
EOG	Eog Resources Inc	−1,624	56,343	$7,309,376
BALL	BALL Corp	−1,587	69,622	$4,344,412
No positions match the current search.

New Positions

Positions the filer opened this quarter

10 positions

Ticker	Company	Shares	Value
AMD	Advanced Micro Devices Inc	973	$565,225
MRVL	Marvell Technology, Inc.	1,200	$357,468
AMAT	Applied Materials Inc /De	441	$318,843
TWLO	Twilio Inc	1,500	$309,495
KLAC	Kla Corp	960	$289,641
PWR	Quanta Services, Inc.	324	$233,292
KEY	Keycorp /New/	9,894	$228,056
GEV	GE Vernova Inc.	176	$206,775
WELL	Welltower Inc.	900	$204,273
USB	US Bancorp De	3,327	$200,950
No positions match the current search.

Sold Out

Positions the filer fully exited

16 positions

Ticker	Company	Shares	Value
BIV	Vanguard Intermediate-Term Bond ETF	300,213	$23,170,438
HON	Honeywell International Inc	51,911	$11,733,444
XLB	State Street Materials Select Sector SPDR ETF	97,060	$4,850,087
VB	Vanguard Morningstar Small-Cap ETF	17,779	$4,656,675
ZTS	Zoetis Inc.	20,415	$2,413,256
VEA	Vanguard FTSE Developed Markets ETF	15,561	$997,148
VXF	Vanguard Extended Market ETF	2,469	$508,120
VEU	Vanguard FTSE All-World Ex-US ETF	4,957	$372,270
T	At&T Inc.	11,271	$326,746
IBB	iShares Biotechnology ETF	1,837	$310,177
SLV	iShares Silver Trust	3,509	$239,103
DOW	Dow Inc.	5,625	$234,281
AEP	American Electric Power Co Inc	1,733	$227,161
CRM	Salesforce, Inc.	1,154	$215,417
SITE	SiteOne Landscape Supply, Inc.	1,607	$213,907
AZO	Autozone Inc	60	$202,666
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

152 tracked positions · $995,051,283 total · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 152 positions by value · page 1 of 4

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
GOOGL	Alphabet Inc. Communication Services	Reduced	179,199	-12,122	$64,040,345	+16.4%	6.44%
LLY	ELI LILLY & Co Healthcare	Added	50,428	+236	$60,484,860	+31.0%	6.08%
AAPL	Apple Inc. Technology	Reduced	196,715	-4,333	$56,921,451	+11.6%	5.72%
AVGO	Broadcom Inc. Technology	Reduced	132,080	-5,871	$49,893,219	+16.9%	5.01%
LRCX	Lam Research Corp Technology	Reduced	102,322	-1,445	$44,339,191	+100.0%	4.46%
MSFT	Microsoft Corp Technology	Added	102,598	+2,005	$38,271,105	+2.8%	3.85%
APH	Amphenol Corp /De/ Technology	Reduced	186,124	-4,157	$32,817,382	—	3.30%
NVDA	Nvidia Corp Technology	Reduced	162,711	-6,896	$32,556,843	+10.1%	3.27%
AMZN	Amazon Com Inc Consumer Cyclical	Reduced	135,019	-1,009	$32,180,427	+13.6%	3.23%
JPM	Jpmorgan Chase & Co Financial Services	Added	86,914	+7,827	$28,449,558	+22.3%	2.86%
V	Visa Inc. Financial Services	Added	69,102	+7,626	$23,708,204	+27.6%	2.38%
FRME	First Merchants Corp Financial Services	Reduced	521,994	-3,164	$22,805,917	+12.1%	2.29%
SYK	Stryker Corp Healthcare	Added	61,244	+6,458	$19,282,060	+7.1%	1.94%
WMT	Walmart Inc. Consumer Defensive	Reduced	147,461	-26,522	$16,701,431	−22.8%	1.68%
TJX	Tjx Companies Inc /De/ Consumer Cyclical	Added	102,602	+150	$15,544,202	−5.0%	1.56%
FTNT	Fortinet, Inc. Technology	Reduced	97,710	-1,562	$15,010,210	+85.0%	1.51%
ABBV	AbbVie Inc. Healthcare	Added	59,133	+3,090	$14,880,227	+22.1%	1.50%
CB	Chubb Ltd Financial Services	Reduced	40,984	-827	$13,964,887	+2.5%	1.40%
LOW	Lowes Companies Inc Consumer Cyclical	Reduced	61,948	-820	$13,658,914	−7.9%	1.37%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	14,203	-2,520	$13,286,479	−20.3%	1.34%
SPY	Spdr S&P 500 ETF Trust	Reduced	17,007	-1,483	$12,700,317	+5.6%	1.28%
JNJ	Johnson & Johnson Healthcare	Reduced	49,522	-15,587	$12,577,102	−21.0%	1.26%
META	Meta Platforms, Inc. Communication Services	Reduced	21,992	-198	$12,387,873	−2.4%	1.24%
SCHW	Schwab Charles Corp Financial Services	Added	124,909	+1,664	$11,525,352	−0.5%	1.16%
CAT	Caterpillar Inc Industrials	Added	10,324	+305	$10,994,027	+54.9%	1.10%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	74,084	+500	$10,863,677	+2.2%	1.09%
BLK	BlackRock, Inc. Financial Services	Reduced	11,162	-211	$10,732,932	−1.9%	1.08%
CMI	Cummins Inc Industrials	Added	14,657	+1,204	$10,453,518	+44.4%	1.05%
TXN	Texas Instruments Inc Technology	Reduced	34,381	-1,087	$10,247,944	+48.8%	1.03%
AME	Ametek Inc/ Industrials	Reduced	41,958	-440	$10,151,317	+11.7%	1.02%
MDY	Spdr S&P Midcap 400 ETF Trust	Reduced	14,160	-1,354	$9,959,293	+4.1%	1.00%
LIN	Linde PLC Basic Materials	Reduced	19,159	-1,402	$9,942,371	−2.5%	1.00%
ORLY	O Reilly Automotive Inc Consumer Cyclical	Reduced	107,396	-1,700	$9,890,097	−1.8%	0.99%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Reduced	19,981	-101	$9,542,325	+40.6%	0.96%
HD	Home Depot, Inc. Consumer Cyclical	Reduced	23,754	-371	$8,377,559	+5.6%	0.84%
CSCO	Cisco Systems, Inc. Technology	Added	63,695	+6	$7,481,614	+51.4%	0.75%
SPGI	S&P Global Inc. Financial Services	Reduced	19,391	-276	$7,471,312	−10.7%	0.75%
XOM	ExxonMobil Holdings Corp Energy	Reduced	53,481	-806	$7,311,921	−20.6%	0.73%
EOG	Eog Resources Inc Energy	Reduced	56,343	-1,624	$7,309,376	−12.8%	0.73%
RTX	RTX Corp Industrials	Added	38,495	+1,337	$7,303,656	+1.9%	0.73%
BRK-B	Berkshire Hathaway Inc Financial Services	Added	14,398	+498	$7,204,615	−18.3%	0.72%
MCD	Mcdonalds Corp Consumer Cyclical	Reduced	25,673	-222	$6,939,667	−13.8%	0.70%
PEP	Pepsico Inc Consumer Defensive	Added	50,424	+966	$6,827,409	−11.1%	0.69%
BAESY	Bae Systems PLC /Fi/ Industrials	Reduced	66,726	-1,696	$6,535,811	−18.0%	0.66%
DHR	Danaher Corp /De/ Healthcare	Reduced	33,263	-1,276	$6,335,936	−3.2%	0.64%
CFR	Cullen/Frost Bankers, Inc. Financial Services	Added	39,202	+436	$6,057,492	+14.0%	0.61%
CVX	Chevron Corp Energy	Added	35,179	+987	$5,831,271	−17.6%	0.59%
ECL	Ecolab Inc. Basic Materials	Reduced	20,742	-341	$5,778,928	+3.0%	0.58%
BRO	Brown & Brown, Inc. Financial Services	Reduced	88,371	-3,982	$5,668,998	−5.9%	0.57%
ETN	Eaton Corp plc Industrials	Added	12,718	+10,736	$5,419,393	+664.5%	0.54%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.