First Mid Bancshares, Inc.

FMBH • NASDAQ

First Mid Bancshares, Inc. is a banks - regional company in the financial services sector on NASDAQ, led by Joseph R. Dively, with a market cap of $1.0B. As of Q3 2025, 47% of shares are held by 148 institutional investors, with BlackRock, Inc. as the largest holder at 8.63%.

Chairman, President and Chief Executive OfficerJoseph R. Dively

Market Cap$1.0B

Banks - Regional

Financial Services

Employees1.2K

Websitefirstmid.com

Country

United States of America

Overview

Overview of institutional ownership in FMBH as of Q3 2025 with a market cap of $909.0M

All Institutions

Institutions: 148
Value Held: $423.9M
Shares Held: 11.2M
Avg Position: $2.9M
Median Position: $430.2K

Hedge Funds

Hedge Funds: 13
Value Held: $19.7M
Shares Held: 520.0K
Avg Position: $1.5M
Median Position: $587.1K

Ownership Breakdown

Institutional (non-HF)

44.46%

$404.2M

Hedge Funds

2.17%

$19.7M

Retail & Other

53.37%

$485.1M

Based on market cap of $909.0M as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in FMBH as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
B BlackRock, Inc. Institution	-	$78.5M 0.00% of portfolio	8.63% 2.1M shares	Q2 2016 Held for 9y 5m	$5.67T
VANGUARD GROUP INC Institution	Salim Ramji CEO	$51.8M 0.00% of portfolio	5.69% 1.4M shares	Q2 2016 Held for 9y 5m	$6.69T
DIMENSIONAL FUND ADVISORS LP Long Only Manager	David Paul Butler CEO	$38.7M 0.01% of portfolio	4.25% 1.0M shares	Q4 2016 Held for 8y 11m	$466.32B
A AMERICAN CENTURY COMPANIES INC Institution	-	$22.1M 0.01% of portfolio	2.43% 584.3K shares	Q2 2020 Held for 5y 5m	$195.93B
GEODE CAPITAL MANAGEMENT LLC ETF Provider	David Kenneth Lane CEO	$20.2M 0.00% of portfolio	2.22% 533.9K shares	Q3 2016 Held for 9y 2m	$1.57T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$19.9M 0.00% of portfolio	2.19% 526.1K shares	Q2 2016 Held for 9y 5m	$2.88T
GANNETT WELSH & KOTLER Long Only Manager	Thomas F X Powers CEO	$16.8M 0.15% of portfolio	1.84% 442.4K shares	Q2 2019 Held for 6y 5m	$11.2B
WELLINGTON MANAGEMENT CO LLP Long Only Manager	Jean Marie Hynes CEO	$14.9M 0.00% of portfolio	1.64% 393.4K shares	Q2 2015 Held for 10y 5m	$571.21B
JPMORGAN CHASE & CO Institution	Jamie Dimon CEO	$9.1M 0.00% of portfolio	1.01% 241.3K shares	Q4 2016 Held for 8y 11m	$1.56T
NORTHERN TRUST CORP Institution	Michael G. O'Grady CEO	$8.6M 0.00% of portfolio	0.94% 225.7K shares	Q2 2016 Held for 9y 5m	$782.01B

Net Capital Flow

Institutional buying and selling activity for FMBH in Q3 2025

Traded: +$2.0M
Buyers: 70
Sellers: 56
Total Bought: +$20.6M
Total Sold: −$18.6M
Avg Position: $2.6M

Biggest Buyers

Institution	Net Bought	Current Position
B BlackRock, Inc. Institution	+$4.2M +112.0K shares	$78.5M 2.1M shares
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager	+$2.4M +62.4K shares	$6.1M 161.0K shares
TUDOR INVESTMENT CORP ET AL Hedge Fund•Multi-Strategy	+$2.2M +57.6K shares	$2.7M 71.3K shares
A AMERICAN CENTURY COMPANIES INC Institution	+$2.0M +52.1K shares	$22.1M 584.3K shares
VANGUARD GROUP INC Institution	+$1.7M +44.3K shares	$51.8M 1.4M shares
DIMENSIONAL FUND ADVISORS LP Long Only Manager	+$1.0M +26.7K shares	$38.7M 1.0M shares
SCHWAB CHARLES INVESTMENT MANAGEMENT INC Long Only Manager	+$627.0K +16.6K shares	$6.9M 182.1K shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$460.9K +12.2K shares	$1.4M 36.8K shares
Empowered Funds, LLC ETF Provider	+$386.6K +10.2K shares	$3.4M 89.3K shares
B BRIDGEWAY CAPITAL MANAGEMENT INC Long Only Manager	+$386.6K +10.2K shares	$5.3M 140.8K shares

Biggest Sellers

Institution	Net Sold	Current Position
Valeo Financial Advisors, LLC RIA/Wealth	−$2.8M −74.0K shares	$464.1K 12.3K shares
ENDEAVOUR CAPITAL ADVISORS INC Private Equity	−$2.5M −66.5K shares	$7.1M 188.3K shares
UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager	−$1.1M −28.3K shares	$1.2M 30.7K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$963.8K −25.7K shares	Sold Off 0 shares
GEODE CAPITAL MANAGEMENT LLC ETF Provider	−$902.5K −23.8K shares	$20.2M 533.9K shares
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	−$794.0K −21.0K shares	$369.0K 9.7K shares
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	−$700.8K −18.5K shares	$3.0M 80.0K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	−$669.6K −17.9K shares	Sold Off 0 shares
GANNETT WELSH & KOTLER Long Only Manager	−$490.4K −12.9K shares	$16.8M 442.4K shares
THRIVENT FINANCIAL FOR LUTHERANS Insurance Manager	−$468.0K −12.4K shares	$900.8K 23.8K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited FMBH in Q3 2025

New Positions: 6
New Value: $673.7K
Exited Positions: 13
Exited Value: $4.6M

New Positions

Institution	Position Value
Quantinno Capital Management LP Hedge Fund•Market Neutral	$366.0K 9.7K shares
D Dynamic Technology Lab Private Ltd Institution	$265.1K 7.0K shares
S State of Alaska, Department of Revenue Institution	$36.3K 958.0 shares
O Optiver Holding B.V. Institution	$5.7K 150.0 shares
Breakwater Investment Management RIA/Wealth	$455.0 12.0 shares
Sunbelt Securities, Inc. RIA/Wealth	$189.0 5.0 shares

Exited Positions

Institution	Previous Position
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$963.8K 25.7K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	$669.6K 17.9K shares
H HRT FINANCIAL LLC Institution	$453.7K 12.1K shares
PRINCIPAL FINANCIAL GROUP INC Institution	$452.1K 12.1K shares
A ALPS ADVISORS INC ETF Provider	$384.4K 10.3K shares
M Man Group plc Institution	$366.0K 9.8K shares
Marshall Wace LLP Institution	$311.2K 8.3K shares
ING INVESTMENT MANAGEMENT LLC Insurance Manager	$285.3K 7.6K shares
O OXFORD ASSET MANAGEMENT Institution	$275.7K 7.4K shares
Aster Capital Management Ltd RIA/Wealth	$208.0K 5.5K shares

Options Activity

Institutions with the largest Call and Put options positions in FMBH as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with FMBH as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Siena Capital Management, LLC Hedge Fund•Sector	Daniel Kanter President	2.91% $4.9M	0.54% 128.4K shares	Q4 2016 Held for 8y 11m	$167.0M
ENDEAVOUR CAPITAL ADVISORS INC Private Equity	Aaron Samuel Richmond Managing Partner	2.15% $7.1M	0.78% 188.3K shares	Q3 2023 Held for 2y 2m	$331.5M
SANDLER ONEILL ASSET MANAGEMENT LLC Hedge Fund•Long/Short	Terry Anthony Maltese President	0.47% $3.0M	0.33% 80.0K shares	Q2 2024 Held for 1y 5m	$646.2M
Armstrong, Fleming & Moore, Inc RIA/Wealth	Alexandra Armstrong Chairman	0.45% $944.3K	0.10% 24.9K shares	Q2 2023 Held for 2y 5m	$209.3M
COZAD ASSET MANAGEMENT INC RIA/Wealth	Gregory Dale Cozad CEO	0.31% $3.9M	0.43% 102.5K shares	Q2 2025 Held for 5 months	$1.3B
Western Wealth Management, LLC RIA/Wealth	Lisa Marie Esslinger Partner	0.17% $3.2M	0.35% 85.0K shares	Q1 2022 Held for 3y 8m	$1.9B
DUNCKER STREETT & CO INC RIA/Wealth	James Eric Mineman President	0.15% $879.2K	0.10% 23.2K shares	Q4 2016 Held for 8y 11m	$574.0M
GANNETT WELSH & KOTLER Long Only Manager	Thomas F X Powers CEO	0.15% $16.8M	1.84% 442.4K shares	Q2 2019 Held for 6y 5m	$11.2B
GLOBEFLEX CAPITAL L P Long Only Manager	Marina Loretta Marrelli CEO	0.14% $898.3K	0.10% 23.7K shares	Q3 2024 Held for 1y 2m	$644.8M
HoldCo Asset Management, L.P. Hedge Fund•Multi-Strategy	Vikaran "Nmn" Ghei Managing Partner	0.13% $1.3M	0.14% 33.3K shares	Q2 2025 Held for 5 months	$947.6M

Hedge Fund Spotlight

Discover hedge funds investing in FMBH

TWO SIGMA INVESTMENTS LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerScott David Hoffman

Portfolio Value: $62.0B
Positions: 3,252
Last Reported: Q3 2025

Sector Allocation

Position in First Mid Bancshares, Inc.

Market Value: $1.4M
Shares Held: 36.8K
Portfolio Weight: 0.00%
Owned Since: 2021-Q4

Top Holding	Sector	Market Value	Weight
1 SPDR S&P 500 ETF Trust SPY	ETF ETF	$680.4M	1.10%
2 Financial Select Sector SPDR Fund XLF	ETF ETF	$582.6M	0.94%
3 Consumer Staples Select Sector SPDR Fund XLP	ETF ETF	$489.6M	0.79%