FIRST MERCHANTS CORP

FundStock

CIK 0000712534 · Q2 2026

13F Equity AUM

$2.8B

+8.0% QoQ

Positions

348

+3 QoQ

AUM Rank

#1,237

Top 14%

Skill Alpha (FF)

-0.5%/yr^ns

No Clear Edge

Rank #3,518 · Top 42%

vs S&P -2.2%/yr (unadj.)

Quarters Tracked

~13 years

Portfolio Concentration

Top 5: 20.5%Top 10: 31.3%Top 20: 45.6%

FMPW INST MONEY6.2%

VFIAX5.0%

SRBRX3.5%

FTRLX3.3%

VIMAX2.4%

BSV2.4%

GOOGL2.3%

LLY2.1%

AAPL2.0%

SFNNX2.0%

Others (338)68.7%

HHI (Herfindahl-Hirschman Index) measures portfolio concentration. Low (<1500) = diversified, Moderate (1500-2500), High (>2500) = concentrated bets.

Sector Allocation

Financial Services53.5%

Technology11.4%

Fund9.5%

Unclassified7.3%

Healthcare4.4%

Consumer Cyclical3.4%

Communication Services3.1%

Industrials3.0%

Other4.5%

Portfolio weight by GICS sector based on latest 13F filing. Sectors below 2% are grouped as “Other.”

Position Sizing

Positions: 348Median: 0.06%Avg: 0.29%

0–0.5%

299(30.4%)

0.5–1%

22(16.3%)

1–3%

23(35.2%)

3–5%

2(6.8%)

5%+

2(11.3%)

Count of positions per weight bucket — (%) = combined portfolio weight

Loading summary cards...

Portfolio Overlap

Shared: 0Unique: 348vs 20 funds

0%Low

348

Fund positions

Consensus CUSIPs

Jaccard similarity of this fund’s portfolio vs the consensus of top 20 funds by AUM. Low (<15%) = contrarian, Moderate (15-40%), High (>40%) = follows the crowd.

Loading overlap analysis...

Position Changes This Quarter

New15Increased75Decreased167Exited13

New Positions

AMD0.0%

+973

LUBAX0.0%

+22K

KEY0.0%

+10K

USB0.0%

+3K

AMAT0.0%

+441

GEV0.0%

+176

TWLO0.0%

+2K

ITOT0.0%

+1K

PWR0.0%

+324

IYJ0.0%

+1K

Increased

VMLUX0.5%

+343K(+42%)

VGT1.4%

+292K(+745%)

SRBRX3.5%

+276K(+3%)

VWIUX0.8%

+261K(+19%)

NUSFX1.3%

+153K(+5%)

PZIEX1.0%

+120K(+8%)

VO0.2%

+57K(+303%)

FUMBX0.1%

+47K(+16%)

MFAIX0.7%

+36K(+5%)

WCMEX0.6%

+18K(+3%)

Decreased

FMPW INST MONEY6.2%

-4,821,654(-3%)

FGTXX0.1%

-4,308,317(-52%)

VBIRX1.0%

-260,799(-9%)

DODIX0.4%

-162,251(-14%)

VFSUX0.4%

-126,345(-10%)

VBTLX0.5%

-111,991(-7%)

FTRLX3.3%

-110,485(-1%)

NEE0.1%

-52,216(-56%)

FUAMX0.1%

-35,678(-11%)

WMT0.6%

-26,522(-15%)

Exited

-51,911

-20,415

-1,607

-12,152

-1,154

-1,733

-60

-3,509

-5,625

-11,271

Quarter-over-quarter changes compared to prior 13F filing. New = first appearance; Exited = no longer held.

Loading position changes...

Holdings

Loading holdings...