Returns–Not enough quarters yet
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| Fmpw Inst MoneyCUSIP 100001999 | $176.3M | 6.2% | −2.7% |
| VFIAXVanguard 500 Index A | $143.4M | 5.1% | −2.4% |
| SRBRXFed Sh Intrm Ttl Bd | $100.2M | 3.5% | +2.9% |
| FTRLXFed Ttl Ret Bd Cl R6 | $94.4M | 3.3% | −1.1% |
| VIMAXVanguard Mid-cap Ad | $68.9M | 2.4% | −2.5% |
| BSVVanguard Short Term | $67.9M | 2.4% | −1.3% |
| GOOGLAlphabet Cl A | $64.0M | 2.3% | −1.6% |
| LLYLilly Eli & Co, Com | $60.5M | 2.1% | |
| AAPLApple Inc | $56.9M | 2.0% | −2.2% |
| SFNNXSchwab Fdmtl Intl Lc | $56.2M | 2.0% | |
| AVGOBroadcom Inc Npv | $49.9M | 1.8% | −4.3% |
| LRCXLam Research | $44.3M | 1.6% | −1.4% |
| VOOVanguard S&p 500 Etf | $43.0M | 1.5% | +2.7% |
| IYWTech Ishares Etf | $40.8M | 1.4% | −2.4% |
| FCNTXFidelity Contrafund | $40.4M | 1.4% | |
| VEIRXVanguard Equity | $40.2M | 1.4% | |
| VGTVg Info Tech Etf | $39.6M | 1.4% | +5.6% |
| MSFTMicrosoft Corp | $38.3M | 1.3% | +2.0% |
| NUSFXNorth Ult-sh Fix Inc | $35.4M | 1.2% | +4.7% |
| IVWS&p 500 Gr Ishr | $35.3M | 1.2% | |
| APHAmphenol Corporation | $32.8M | 1.2% | −2.2% |
| NVDANvidia Corp | $32.6M | 1.1% | −4.1% |
| AMZNAmazon | $32.2M | 1.1% | |
| IJRS&p S/c 600 Cr Ishr | $30.5M | 1.1% | −3.2% |
| AGGAggregate Bond Ishr | $30.2M | 1.1% | −3.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corp | June 30, 2020 | +2006.7% | $32.6M |
| AVGOBroadcom Inc Npv | June 30, 2020 | +1096.9% | $49.9M |
| APHAmphenol Corporation | June 30, 2020 | +636.1% | $32.8M |
| LLYLilly Eli & Co, Com | June 30, 2020 | +630.6% | $60.5M |
| LRCXLam Research | December 31, 2024 | +499.9% | $44.3M |
| GOOGLAlphabet Cl A | June 30, 2020 | +404.0% | $64.0M |
| IYWTech Ishares Etf | June 30, 2020 | +273.9% | $40.8M |
| JPMJ P Morgan Chase | June 30, 2020 | +248.0% | $28.4M |
| VGTVg Info Tech Etf | June 30, 2020 | +243.1% | $39.6M |
| AAPLApple Inc | June 30, 2020 | +217.3% | $56.9M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $11.7M
- ZTSZoetis Inc was $2.4M
- TAt&t was $327K
- IYSIXIvy Fds Small Cap Gr was $267K
- SLVSilver Tr Ishr was $239K
- DOWDow Inc was $234K
- AEPAmerican Elec Pwr In was $227K
- CRMSalesforce.com was $215K
- SITESiteone Landscape was $214K
- AZOAutozone Inc was $203K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2024 | +2.3% | +4.0% |
| March 31, 2024 | +7.9% | +10.0% |
| December 31, 2023 | +9.8% | +11.2% |
| September 30, 2023 | −3.8% | −3.6% |
| June 30, 2023 | +6.2% | +8.3% |
| March 31, 2023 | +3.6% | +7.0% |
| December 31, 2022 | +8.1% | +7.1% |
| September 30, 2022 | −4.9% | −5.3% |
| June 30, 2022 | −13.7% | −16.5% |
| March 31, 2022 | −5.4% | −4.9% |
| December 31, 2021 | +9.2% | +10.7% |
| September 30, 2021 | +2.1% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: First Merchants Corp Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=712534&type=13F-HR&dateb=&owner=include&count=40CIK 712534
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/712534/000071253426000053/Filed July 15, 2026 · accession 0000712534-26-000053