Latest FIRST MERCHANTS CORP Stock Portfolio

FIRST MERCHANTS CORP Performance:

2024 Q3: 2.42%YTD: 10.22%2023: 13.68%

Performance for 2024 Q3 is 2.42%, and YTD is 10.22%, and 2023 is 13.68%.

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 $2.6 Billions as of 30 Sep, 2024.

The top stock holdings of FIRST MERCHANTS CORP are , VB, . The fund has invested 6.4% of it's portfolio in FMPW INST MONEY and 4.3% of portfolio in VANGUARD 500 INDEX A.

The fund managers got completely rid off FRANKLIN ELECTRIC (FELE), CVS CORP DELAWARE (CVS) and UNITED PARCEL SERV (UPS) stocks. They significantly reduced their stock positions in GENUINE PARTS CO, CO (GPC), GRACO INC (GGG) and INTEL CORP (INTC). FIRST MERCHANTS CORP opened new stock positions in NATERA INC (NTRA), PURECYCLE TECH (PCT) and VG CALIFORNIA INTERM TAX EXMPT. The fund showed a lot of confidence in some stocks as they added substantially to FED GOVT TAX MAN P, VG TAX-EXEMPT BND (VTEB) and MARATHON PETROLEUM (MPC).

FIRST MERCHANTS CORP Annual Return Estimates Vs S&P 500

Our best estimate is that FIRST MERCHANTS CORP made a return of 2.42% in the last quarter. In trailing 12 months, it's portfolio return was 18.86%.

New Buys

Ticker	$ Bought
natera inc	1,050,000
purecycle tech	874,665
bethel invstmts iii	749,990
vg california interm tax exmpt	704,310
morgan stanley 4.431 1/23/30	626,012
ingersoll rand 5.314 6/15/31	522,269
mezzanine loan	456,750
metlife inc	454,878

New stocks bought by FIRST MERCHANTS CORP

Additions

Ticker	% Inc.
fed govt tax man p	588
vg tax-exempt bnd	301
marathon petroleum	239
brown & brown	182
philip morris intl	106
allerian mlp etf	104
fmb ck a/c #1484931	77.53
altria group inc	72.99

Additions to existing portfolio by FIRST MERCHANTS CORP

Reductions

Ticker	% Reduced
genuine parts co, co	-84.2
graco inc	-82.51
intel corp	-67.13
berkshire hathaway	-41.17
fed govt obli	-38.55
american elec pwr in	-32.25
vanguard short term	-32.22
lord abbett hi yld	-31.02

FIRST MERCHANTS CORP reduced stake in above stock

Sold off

Ticker	$ Sold
fmb loc 5488923	-1.00
franklin electric	-19,053,900
abi fmb loc 5688345	-1.00
bion environ techno	-15,750
cvs corp delaware	-979,569
us bancorp del	-232,960
united parcel serv	-408,634
nestle sa adr	-218,123

FIRST MERCHANTS CORP got rid off the above stocks

Sector Distribution

FIRST MERCHANTS CORP has about 64.1% of it's holdings in Others sector.

Sector	%
Others	64.1
Technology	9.9
Healthcare	5.6
Financial Services	5.1
Industrials	4.1
Consumer Cyclical	3.4
Consumer Defensive	2.9
Communication Services	2.1
Energy	1.4

Market Cap. Distribution

FIRST MERCHANTS CORP has about 33.8% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
UNALLOCATED	64.1
MEGA-CAP	18.4
LARGE-CAP	15.4
MID-CAP	2.1

Stocks belong to which Index?

About 35.7% of the stocks held by FIRST MERCHANTS CORP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	64.2
S&P 500	33.8
RUSSELL 2000	1.9

Top 5 Winners (%)		%
PCT	purecycle tech	56.0 %
TSLA	tesla motors	32.2 %
FTNT	fortinet	28.6 %
SHW	sherwin-williams co	27.8 %
AFL	aflac inc	25.1 %

Top 5 Winners ($)		$
AAPL	apple inc	5.3 M
LOW	lowe's companies	3.4 M
IJR	s&p s/c 600 cr ishr	3.0 M
WMT	wal mart stores inc	3.0 M
UNH	unitedhealth group	2.6 M

Top 5 Losers (%)		%
EW	edw lifesciences	-28.5 %
INTC	intel corp	-27.3 %
LRCX	lam research corp	-23.4 %
CTOS	custom truck one	-20.7 %
F	ford motor co	-15.8 %

Top 5 Losers ($)		$
LRCX	lam research corp	-4.4 M
GOOG	alphabet cl a	-3.3 M
EW	edw lifesciences	-1.9 M
MSFT	microsoft corp	-1.7 M
MCHP	microchip tech	-1.2 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 374 stocks in it's portfolio. About 29.5% of the portfolio is in top 10 stocks. LRCX proved to be the most loss making stock for the portfolio. AAPL was the most profitable stock for FIRST MERCHANTS CORP last quarter.

Last Reported on: 24 Oct, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	2.08	234,180	54,563,900	reduced	-0.74

AAXJ	jpm emerg mkt	0.12	34,708	3,247,980	reduced	-0.53

AAXJ	ishares pref & inc	0.01	12,098	402,017	added	0.62

AAXJ	ishares tr	0.01	9,878	298,612	unchanged	0.00

ABBV	abbvie	0.23	30,739	6,070,340	added	5.38

ABC	cencora, inc	0.02	2,412	542,893	reduced	-2.11

ABT	abbott labs common	0.25	58,000	6,612,580	reduced	-1.72

ACES	allerian mlp etf	0.07	39,087	1,842,170	added	104

ACN	accenture plc	0.63	46,949	16,595,500	added	1.7

ADBE	adobe systems inc	0.29	14,457	7,485,540	added	2.00

ADP	auto data processing	0.52	49,381	13,665,200	reduced	-1.68

AEP	american elec pwr in	0.01	3,336	342,274	reduced	-32.25

AFL	aflac inc	0.02	5,183	579,459	reduced	-0.96

AMAT	applied matls inc	0.03	4,444	897,910	added	18.22

AME	ametek inc	0.18	27,855	4,782,980	added	1.51

AMGN	amgen inc	0.15	12,209	3,933,860	reduced	-1.26

AMP	ameriprise finl	0.24	13,368	6,280,420	reduced	-4.98

AMT	american twr corp	0.01	1,143	265,816	new

AMZN	amazon	0.91	128,470	23,937,800	added	5.76

ANET	arista networks	0.01	630	241,807	new