FIRST MERCHANTS CORP

CIK

712534

Location

Muncie, IN

Portfolio Value

Micro $63,737,321

Diversification

Diversified

Filing Date

Global Rank

#1,865 / 8,586 ▼ 24

Top Industry

Semiconductors 9.8%

3Y Alpha vs SPY

-3.8%

Period ended 3 months ago

Filed Apr 16, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+61.9%

SPY

+78.1%

Annualised alpha

-3.8%

Max drawdown

−16.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

151 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

5.7%

−0.3 pts

Top 5

25.2%

−2.7 pts

Top 10

39.2%

−3.0 pts

HHI

236

Diversified−21

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	29.0%	$263,896,674	25
Financial Services	14.8%	$134,605,024	25
Healthcare	12.4%	$113,117,333	19
Consumer Cyclical	10.3%	$94,100,396	12
Communication Services	8.2%	$75,130,468	8
Industrials	7.7%	$70,224,668	24
Consumer Defensive	7.0%	$63,737,321	10
Energy	4.0%	$36,545,491	10
Unclassified	2.5%	$23,020,493	5
Basic Materials	2.1%	$19,456,303	6
Utilities	1.9%	$16,958,439	6
Real Estate	0.0%	$369,524	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NFLX	Netflix Inc	+36,359	39,129	$3,762,252
F	Ford Motor Co	+25,997	49,442	$570,560
AMZN	Amazon Com Inc	+5,102	136,028	$28,330,550
ZTS	Zoetis Inc.	+4,708	20,415	$2,413,256
PG	PROCTER & GAMBLE Co	+4,404	73,584	$10,628,472
DIS	Walt Disney Co	+4,358	38,354	$3,696,557
NOW	ServiceNow, Inc.	+4,293	50,117	$5,239,731
FTNT	Fortinet, Inc.	+4,233	99,272	$8,112,507
AME	Ametek Inc/	+4,132	42,398	$9,088,435
SAP	Sap SE	+3,945	15,450	$2,645,194
ORLY	O Reilly Automotive Inc	+3,878	109,096	$10,070,651
TSM	Taiwan Semiconductor Manufacturing Co Ltd	+3,565	20,082	$6,786,711
SCHW	Schwab Charles Corp	+3,466	123,245	$11,582,564
SPGI	S&P Global Inc.	+3,053	19,667	$8,365,161
CPRT	Copart Inc	+2,243	133,396	$4,428,747
NVDA	Nvidia Corp	+1,835	169,607	$29,579,460
BRO	Brown & Brown, Inc.	+1,607	92,353	$6,022,339
MCD	Mcdonalds Corp	+1,284	25,895	$8,047,906
LIN	Linde PLC	+1,233	20,561	$10,193,320
HON	Honeywell International Inc	+1,138	51,911	$11,733,443
COP	Conocophillips	+1,130	47,167	$6,226,044
CEG	Constellation Energy Corp	+884	18,346	$5,123,120
BAESY	Bae Systems PLC /Fi/	+854	68,422	$7,971,163
META	Meta Platforms, Inc.	+717	22,190	$12,695,563
SNPS	Synopsys Inc	+383	10,881	$4,314,097
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CMCSA	Comcast Corp	−49,586	25,065	$719,616
LRCX	Lam Research Corp	−34,231	103,767	$22,170,856
EVV	Eaton Vance Ltd Duration Income Fund	−30,000	21,000	$198,450
ADP	Automatic Data Processing Inc	−26,652	17,862	$3,629,200
APH	Amphenol Corp /De/	−18,376	190,281	$24,042,003
JPC	Nuveen Preferred & Income Opportunities Fund	−12,360	39,283	$296,193
AVGO	Broadcom Inc.	−11,632	137,951	$42,697,213
FRME	First Merchants Corp	−9,581	525,158	$20,339,369
CSCO	Cisco Systems, Inc.	−7,864	63,689	$4,941,629
MO	Altria Group, Inc.	−6,625	12,800	$844,672
MCHP	Microchip Technology Inc	−5,742	6,987	$451,430
GOOGL	Alphabet Inc.	−5,065	182,160	$52,381,929
MSFT	Microsoft Corp	−4,573	100,593	$37,236,510
BALL	BALL Corp	−4,400	71,209	$4,209,163
PFE	Pfizer Inc	−4,100	16,917	$475,029
OMC	Omnicom Group Inc.	−3,731	11,437	$861,320
MS	Morgan Stanley	−3,622	3,040	$500,292
ADBE	Adobe Inc.	−3,519	1,553	$377,503
LNT	Alliant Energy Corp	−3,475	16,321	$1,171,194
VZ	Verizon Communications Inc	−3,432	13,675	$686,485
AMP	Ameriprise Financial Inc	−3,324	7,719	$3,430,323
TXN	Texas Instruments Inc	−3,159	35,468	$6,885,757
ABT	Abbott Laboratories	−3,124	40,389	$4,146,738
TJX	Tjx Companies Inc /De/	−3,023	102,452	$16,361,583
WMT	Walmart Inc.	−2,615	173,983	$21,622,606
No positions match the current search.

New Positions

Positions the filer opened this quarter

5 positions

Ticker	Company	Shares	Value
KMI	Kinder Morgan, Inc.	13,082	$438,639
VTRS	Viatris Inc	20,000	$270,200
TFC	Truist Financial Corp	5,500	$252,835
DOW	Dow Inc.	5,625	$234,281
LKFN	Lakeland Financial Corp	3,500	$200,830
No positions match the current search.

Sold Out

Positions the filer fully exited

9 positions

Ticker	Company	Shares	Value
ALC	Alcon Inc	11,653	$918,372
BKNG	Booking Holdings Inc.	138	$739,035
SHW	Sherwin Williams Co	1,984	$642,875
MDLZ	Mondelez International, Inc.	11,616	$625,289
AMAT	Applied Materials Inc /De	1,941	$498,817
AMD	Advanced Micro Devices Inc	1,199	$256,777
SNOW	Snowflake Inc.	1,056	$231,644
TWLO	Twilio Inc	1,500	$213,360
KEY	Keycorp /New/	9,894	$204,212
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

10 positions · $63,737,321 total · Consumer Defensive only · as of Mar 31, 2026

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

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
WMT	Walmart Inc. Consumer Defensive	Reduced	173,983	-2,615	$21,622,606	+9.9%	33.92%
COST	Costco Wholesale Corp /New Consumer Defensive	Reduced	16,723	-143	$16,663,298	+14.6%	26.14%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	73,584	+4,404	$10,628,472	+7.2%	16.68%
PEP	Pepsico Inc Consumer Defensive	Reduced	49,458	-1,839	$7,680,332	+4.3%	12.05%
PM	Philip Morris International Inc. Consumer Defensive	Held	18,473	0	$3,054,325	+3.1%	4.79%
KO	Coca Cola Co Consumer Defensive	Reduced	23,744	-645	$1,805,731	+5.9%	2.83%
MO	Altria Group, Inc. Consumer Defensive	Reduced	12,800	-6,625	$844,672	−24.6%	1.33%
MZTI	Marzetti Co Consumer Defensive	Held	4,700	0	$650,151	−15.9%	1.02%
SYY	Sysco Corp Consumer Defensive	Reduced	6,742	-346	$480,906	−7.9%	0.75%
CL	Colgate Palmolive Co Consumer Defensive	Reduced	3,600	-450	$306,828	−4.1%	0.48%