FIRST MERCHANTS CORP

Muncie, IN · CIK 712534 · 13F filing filed 2026-07-15

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityFIRST MERCHANTS CORPORATION (US)

$2.8bn reported value +8.0% vs Q1 2026

361positions

31.3%in top 10

15 new 74 added 168 reduced 13 sold out vs Q1 2026

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	FMPW INST MONEY CASH EQUIVALENTS CASH EQUIVALENTS		176,320,761	$176.3m6.21%	6.21%	Reduced -4.8m	-4,821,654 -2.7%
2	VANGUARD 500 INDEX ADMIRAL COM VFIAX	VFIAX	207,295	$143.4m5.05%	5.05%	Reduced -5.1k	-5,130 -2.4%
3	FED SH INTRM TTL BD MUTUAL FUNDS SRBRX	SRBRX	9,932,066	$100.2m3.53%	3.53%	Added +276.1k	+276,123 2.9%
4	FED TTL RET BD CL R6 MUTUAL FUNDS FTRLX	FTRLX	9,998,596	$94.4m3.32%	3.32%	Reduced -110.5k	-110,485 -1.1%
5	VANGUARD MID CAP INDEX ADMIRAL COM VIMAX	VIMAX	172,525	$68.9m2.42%	2.42%	Reduced -4.4k	-4,413 -2.5%
6	VANGUARD BD INDEX FDS SHORT TRM BOND BSV	BSV	871,815	$67.9m2.39%	2.39%	Reduced -11.6k	-11,584 -1.3%
7	ALPHABET INC CAP STK CL A GOOGL	GOOGL	179,199	$64.0m2.26%	2.26%	Reduced -3.0k	-2,961 -1.6%
8	ELI LILLY & CO COM LLY	LLY	50,428	$60.5m2.13%	2.13%	Added +236	+236 0.5%
9	APPLE INC COM AAPL	AAPL	196,715	$56.9m2.00%	2.00%	Reduced -4.3k	-4,333 -2.2%
10	SCHWAB FUNDAMENTAL INTL EQUITY INDEX FD SCHWAB MUTL FUNDS SFNNX	SFNNX	3,456,822	$56.2m1.98%	1.98%	Reduced -1.4k	-1,353 -0.0%
11	BROADCOM INC COM AVGO	AVGO	132,080	$49.9m1.76%	1.76%	Reduced -5.9k	-5,871 -4.3%
12	LAM RESEARCH CORP COM NEW LRCX	LRCX	102,322	$44.3m1.56%	1.56%	Reduced -1.4k	-1,445 -1.4%
13	VANGUARD INDEX FDS S&P 500 ETF SHS VOO	VOO	62,651	$43.0m1.52%	1.52%	Added +1.6k	+1,623 2.7%
14	ISHARES TR U.S. TECH ETF IYW	IYW	161,871	$40.8m1.44%	1.44%	Reduced -3.9k	-3,949 -2.4%
15	FIDELITY CONTRAFUND COM FCNTX	FCNTX	1,506,313	$40.4m1.42%	1.42%	Reduced -7.8k	-7,811 -0.5%
16	VANGUARD EQUITY INCOME FUND ADMIRAL SHARES COM VEIRX	VEIRX	404,317	$40.2m1.41%	1.41%	Added +1.0k	+1,037 0.3%
17	VANGUARD WORLD FD INF TECH ETF VGT	VGT	331,585	$39.6m1.40%	1.40%	Added +17.6k	+17,553 5.6%
18	MICROSOFT CORP COM MSFT	MSFT	102,598	$38.3m1.35%	1.35%	Added +2.0k	+2,005 2.0%
19	NORTH ULT-SH FIX INC MUTUAL FUNDS NUSFX	NUSFX	3,436,981	$35.4m1.25%	1.25%	Added +152.8k	+152,810 4.7%
20	ISHARES TR S&P 500 GRWT ETF IVW	IVW	256,893	$35.3m1.24%	1.24%	Added +1.3k	+1,266 0.5%
21	AMPHENOL CORP CL A APH	APH	186,124	$32.8m1.16%	1.16%	Reduced -4.2k	-4,157 -2.2%
22	NVIDIA CORPORATION COM NVDA	NVDA	162,711	$32.6m1.15%	1.15%	Reduced -6.9k	-6,896 -4.1%
23	AMAZON COM INC COM AMZN	AMZN	135,019	$32.2m1.13%	1.13%	Reduced -1.0k	-1,009 -0.7%
24	ISHARES TR CORE S&P SCP ETF IJR	IJR	205,687	$30.5m1.07%	1.07%	Reduced -6.8k	-6,804 -3.2%
25	ISHARES TR CORE US AGGBD ET AGG	AGG	305,537	$30.2m1.06%	1.06%	Reduced -12.2k	-12,185 -3.8%
26	JANUS HENDERSON ENTERPRISE I NTF EQUITY FUNDS JMGRX	JMGRX	193,093	$30.2m1.06%	1.06%	Added +583	+583 0.3%
27	JPMORGAN CHASE & CO COM JPM	JPM	86,914	$28.4m1.00%	1.00%	Added +7.8k	+7,827 9.9%
28	VANGUARD SHORT-TERM BOND INDEX ADM BOND FUNDS VBIRX	VBIRX	2,752,018	$28.0m0.99%	0.99%	Reduced -260.8k	-260,799 -8.7%
29	PZENA EMERGING MKT MUTUAL FUNDS PZIEX	PZIEX	1,694,299	$27.9m0.98%	0.98%	Added +119.9k	+119,933 7.6%
30	VANGUARD INTERNATIONAL GROWTH ADM EQUITY FUNDS VWILX	VWILX	230,179	$27.8m0.98%	0.98%	Added +9.9k	+9,858 4.5%
31	VANGUARD SMALL CAP INDEX ADM EQUITY FUNDS VSMAX	VSMAX	183,136	$26.6m0.94%	0.94%	Reduced -7.1k	-7,115 -3.7%
32	MFS MIDCAP VALUE R6 MUTUAL FUNDS MVCKX	MVCKX	750,930	$26.5m0.93%	0.93%	Added +10.5k	+10,530 1.4%
33	AMERICAN CENTY ETF TR US SML CP VALU AVUV	AVUV	197,882	$24.7m0.87%	0.87%	Added +9.5k	+9,495 5.0%
34	VISA INC COM CL A V	V	69,102	$23.7m0.83%	0.83%	Added +7.6k	+7,626 12.4%
35	FIRST MERCHANTS CORP COM FRME	FRME	521,994	$22.8m0.80%	0.80%	Reduced -3.2k	-3,164 -0.6%
36	VANGUARD BD INDEX FDS INTERMED TERM BIV	BIV	291,886	$22.4m0.79%	0.79%	Reduced -8.3k	-8,327 -2.8%
37	Vanguard Intermediate-Term Tax-Exempt Fund MUTUAL FUND VWIUX	VWIUX	1,612,598	$22.3m0.78%	0.78%	Added +260.8k	+260,777 19.3%
38	MORGAN STANLEY INTL MUTUAL FUNDS MFAIX	MFAIX	730,548	$20.8m0.73%	0.73%	Added +36.4k	+36,406 5.2%
39	ISHARES TR S&P 500 VAL ETF IVE	IVE	89,149	$20.2m0.71%	0.71%	Added +2.5k	+2,490 2.9%
40	STRYKER CORPORATION COM SYK	SYK	61,244	$19.3m0.68%	0.68%	Added +6.5k	+6,458 11.8%
41	ISHARES TR CORE MSCI EAFE IEFA	IEFA	194,223	$18.8m0.66%	0.66%	Added +6.7k	+6,669 3.6%
42	WCM FOCUSED EMRG MKT MUTUAL FUNDS WCMEX	WCMEX	724,280	$17.9m0.63%	0.63%	Added +17.9k	+17,906 2.5%
43	VANGUARD GROWTH INDEX ADMIRAL COM VIGAX	VIGAX	66,054	$17.6m0.62%	0.62%	Reduced -3.9k	-3,908 -5.6%
44	WCM FOCUSED INTERNATIONAL GROW EQUITY MUTUAL FU WCMIX	WCMIX	610,123	$17.6m0.62%	0.62%	Reduced -15.9k	-15,915 -2.5%
45	WALMART INC COM WMT	WMT	147,461	$16.7m0.59%	0.59%	Reduced -26.5k	-26,522 -15.2%
46	TJX COS INC NEW COM TJX	TJX	102,602	$15.5m0.55%	0.55%	Added +150	+150 0.1%
47	VANGUARD TOTAL BOND MARKET INDEX ADM COM VBTLX	VBTLX	1,591,509	$15.4m0.54%	0.54%	Reduced -112.0k	-111,991 -6.6%
48	FORTINET INC COM FTNT	FTNT	97,710	$15.0m0.53%	0.53%	Reduced -1.6k	-1,562 -1.6%
49	ABBVIE INC COM ABBV	ABBV	59,133	$14.9m0.52%	0.52%	Added +3.1k	+3,090 5.5%
50	CHUBB LIMITED COM CB	CB	40,984	$14.0m0.49%	0.49%	Reduced -827	-827 -2.0%
51	ISHARES TR S&P MC 400GR ETF IJK	IJK	118,600	$13.9m0.49%	0.49%	Reduced -2.2k	-2,237 -1.9%
52	LOWES COS INC COM LOW	LOW	61,948	$13.7m0.48%	0.48%	Reduced -820	-820 -1.3%
53	ISHARES TR S&P MC 400VL ETF IJJ	IJJ	91,589	$13.5m0.48%	0.48%	Reduced -1.7k	-1,748 -1.9%
54	COSTCO WHSL CORP NEW COM COST	COST	14,203	$13.3m0.47%	0.47%	Reduced -2.5k	-2,520 -15.1%
55	SELECT SECTOR SPDR TR TECHNOLOGY XLK	XLK	68,432	$13.0m0.46%	0.46%	Added +341	+341 0.5%
56	VANGUARD LTD-TERM TX-EX ADM COM VMLUX	VMLUX	1,167,075	$12.8m0.45%	0.45%	Added +343.2k	+343,184 41.6%
57	SPDR S&P 500 ETF TR TR UNIT SPY	SPY	17,007	$12.7m0.45%	0.45%	Reduced -1.5k	-1,483 -8.0%
58	JOHNSON & JOHNSON COM JNJ	JNJ	49,522	$12.6m0.44%	0.44%	Reduced -15.6k	-15,587 -23.9%
59	DODGE & COX INCOME I COM DODIX	DODIX	985,294	$12.5m0.44%	0.44%	Reduced -162.3k	-162,251 -14.1%
60	META PLATFORMS INC CL A META	META	21,992	$12.4m0.44%	0.44%	Reduced -198	-198 -0.9%
61	VANGUARD SHORT-TERM INVESTMENT-GRADE ADM BOND FUNDS VFSUX	VFSUX	1,156,137	$12.0m0.42%	0.42%	Reduced -126.3k	-126,345 -9.8%
62	INVESCO ACTIVELY MANAGED EXC ULTRA SHRT DUR GSY	GSY	231,733	$11.6m0.41%	0.41%	Reduced -11.9k	-11,944 -4.9%
63	SCHWAB CHARLES CORP COM SCHW	SCHW	124,909	$11.5m0.41%	0.41%	Added +1.7k	+1,664 1.4%
64	CATERPILLAR INC COM CAT	CAT	10,324	$11.0m0.39%	0.39%	Added +305	+305 3.0%
65	Vanguard Value Index Adm COM VVIAX	VVIAX	128,381	$10.9m0.38%	0.38%	Reduced -9.7k	-9,715 -7.0%
66	PROCTER AND GAMBLE CO COM PG	PG	74,084	$10.9m0.38%	0.38%	Added +500	+500 0.7%
67	BLACKROCK INC COM BLK	BLK	11,162	$10.7m0.38%	0.38%	Reduced -211	-211 -1.9%
68	FRANKLIN ELEC INC COM FELE	FELE	100,000	$10.7m0.38%	0.38%	Unchanged
69	CUMMINS INC COM CMI	CMI	14,657	$10.5m0.37%	0.37%	Added +1.2k	+1,204 8.9%
70	VANGUARD SCOTTSDALE FDS VNG RUS1000VAL VONV	VONV	97,100	$10.3m0.36%	0.36%	Unchanged
71	ISHARES TR 0-3 MNTH TREASRY SGOV	SGOV	102,484	$10.3m0.36%	0.36%	Unchanged
72	TEXAS INSTRS INC COM TXN	TXN	34,381	$10.2m0.36%	0.36%	Reduced -1.1k	-1,087 -3.1%
73	GRANT COUNTY STATE EQUITIES EQUITIES		8,340	$10.2m0.36%	0.36%	Unchanged
74	AMETEK INC COM AME	AME	41,958	$10.2m0.36%	0.36%	Reduced -440	-440 -1.0%
75	ISHARES TR RUS MD CP GR ETF IWP	IWP	68,631	$10.0m0.35%	0.35%	Added +2.1k	+2,131 3.2%
76	SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP MDY	MDY	14,160	$10.0m0.35%	0.35%	Reduced -1.4k	-1,354 -8.7%
77	LINDE PLC SHS LIN	LIN	19,159	$9.9m0.35%	0.35%	Reduced -1.4k	-1,402 -6.8%
78	OREILLY AUTOMOTIVE INC COM ORLY	ORLY	107,396	$9.9m0.35%	0.35%	Reduced -1.7k	-1,700 -1.6%
79	TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS TSM	TSM	19,981	$9.5m0.34%	0.34%	Reduced -101	-101 -0.5%
80	SELECT SECTOR SPDR TR SBI HEALTHCARE XLV	XLV	57,124	$9.1m0.32%	0.32%	Reduced -657	-657 -1.1%
81	ISHARES INC CORE MSCI EMKT IEMG	IEMG	105,622	$8.7m0.31%	0.31%	Added +4.3k	+4,261 4.2%
82	NORTHERN MIDCAP MUTUAL FUNDS NOMIX	NOMIX	348,141	$8.5m0.30%	0.30%	Reduced -17.2k	-17,174 -4.7%
83	HOME DEPOT INC COM HD	HD	23,754	$8.4m0.29%	0.29%	Reduced -371	-371 -1.5%
84	S&P GLOBAL INC COM SPGI	SPGI	19,391	$7.9m0.28%	0.28%	Reduced -276	-276 -1.4%
85	VANGUARD HIGH DIVIDEND Y EQUITY FUNDS VHYAX	VHYAX	163,933	$7.8m0.28%	0.28%	Reduced -1.4k	-1,412 -0.8%
86	ISHARES TR RUS MID CAP ETF IWR	IWR	68,099	$7.5m0.26%	0.26%	Reduced -451	-451 -0.7%
87	CISCO SYS INC COM CSCO	CSCO	63,695	$7.5m0.26%	0.26%	Added +6	+6 0.0%
88	EXXON MOBIL CORP COM XOM	XOM	53,481	$7.3m0.26%	0.26%	Reduced -806	-806 -1.5%
89	EOG RES INC COM EOG	EOG	56,343	$7.3m0.26%	0.26%	Reduced -1.6k	-1,624 -2.8%
90	RTX CORPORATION COM RTX	RTX	38,495	$7.3m0.26%	0.26%	Added +1.3k	+1,337 3.6%
91	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	14,398	$7.2m0.25%	0.25%	Added +501	+501 3.6%
92	MCDONALDS CORP COM MCD	MCD	25,673	$6.9m0.24%	0.24%	Reduced -222	-222 -0.9%
93	PEPSICO INC COM PEP	PEP	50,424	$6.8m0.24%	0.24%	Added +966	+966 1.9%
94	Vanguard World Fds COM VITAX	VITAX	13,773	$6.7m0.24%	0.24%	Reduced -1.5k	-1,544 -10.1%
95	T ROWE PRICE DIVIDEND GROWTH I NTF EQUITY FUNDS PDGIX	PDGIX	75,869	$6.7m0.24%	0.24%	Reduced -5.2k	-5,204 -6.4%
96	SELECT SECTOR SPDR TR SBI CONS DISCR XLY	XLY	55,746	$6.5m0.23%	0.23%	Added +418	+418 0.8%
97	BAE SYSTEMS PLC COM BAESY	BAESY	66,726	$6.5m0.23%	0.23%	Reduced -1.7k	-1,696 -2.5%
98	SCHWAB STRATEGIC TR US DIVIDEND EQ SCHD	SCHD	199,885	$6.3m0.22%	0.22%	Reduced -6.8k	-6,776 -3.3%
99	DANAHER CORPORATION COM DHR	DHR	33,263	$6.3m0.22%	0.22%	Reduced -1.3k	-1,276 -3.7%
100	ISHARES TR RUS MDCP VAL ETF IWS	IWS	37,494	$6.2m0.22%	0.22%	Added +2.3k	+2,252 6.4%

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
HONEYWELL INTL INC		25,956	$11.7m26.0k shares
ZOETIS INC ZTS	ZTS	20,415	$2.4m20.4k shares
AT&T INC T	T	11,271	$326.7k11.3k shares
IVY FDS SMALL CAP GR IYSIX	IYSIX	12,152	$267.1k12.2k shares
ISHARES SILVER TR SLV	SLV	3,509	$239.1k3.5k shares
DOW INC DOW	DOW	5,625	$234.3k5.6k shares
AMERICAN ELEC PWR CO INC AEP	AEP	1,733	$227.2k1.7k shares
SALESFORCE INC CRM	CRM	1,154	$215.4k1.2k shares
SITEONE LANDSCAPE SUPPLY INC SITE	SITE	1,607	$213.9k1.6k shares
AUTOZONE INC AZO	AZO	60	$202.7k60 shares
FED GOVT OBLI GOFXX	GOFXX	100,000	$100.0k100.0k shares
FMB CK A/C #1484931		62,424	$62.4k62.4k shares
FMB LOC #5306272		800,000	$1800.0k shares