Union Pacific Corporation
US ˙ NYSE ˙ US9078181081

SecurityUNP / Union Pacific Corporation
InstitutionFirst Merchants Corp
Latest Disclosed Ownership3,620 shares
Latest Disclosed Value $ 878,284
First Merchants Corp reports 24.03% decrease in ownership of UNP / Union Pacific Corporation

On April 16, 2026 - First Merchants Corp filed a 13F-HR form disclosing ownership of 3,620 shares of Union Pacific Corporation (US:UNP) valued at $878,284 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 12, 2026 disclosing 4,765 shares of Union Pacific Corporation. This represents a change in shares of -24.03% during the quarter. The current value of the position is $955,318 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-16 2026-03-31 13F UNION PACIFIC Equities 907818108 3,620 -1,145 -24.03 878 -20.33 0.0326
2026-01-12 2025-12-31 13F UNION PACIFIC Equities 907818108 4,765 -849 -15.12 1,102 -16.89 0.0398
2025-10-22 2025-09-30 13F UNION PACIFIC Equities 907818108 5,614 -380 -6.34 1,327 -3.84 0.0500
2025-07-23 2025-06-30 13F UNION PACIFIC Equities 907818108 5,994 -120 -1.96 1,379 -4.50 0.0534
2025-04-24 2025-03-31 13F UNION PACIFIC Equities 907818108 6,114 -399 -6.13 1,444 -2.76 0.0576
2025-01-30 2024-12-31 13F UNION PACIFIC Equities 907818108 6,513 -444 -6.38 1,485 -13.36 0.0571
2024-10-24 2024-09-30 13F UNION PACIFIC Equities 907818108 6,957 -3,005 -30.16 1,715 -23.96 0.0655
2024-07-25 2024-06-30 13F UNION PACIFIC Equities 907818108 9,962 -221 -2.17 2,254 -9.98 0.0907
2024-04-25 2024-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 10,183 35 0.34 2,504 0.48 0.1883
2024-01-25 2023-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 10,148 -245 -2.36 2,493 17.77 0.2042
2023-10-26 2023-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 10,393 -417 -3.86 2,116 -4.30 0.1886
2023-07-25 2023-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 10,810 -462 -4.10 2,212 -2.51 0.1870
2023-04-25 2023-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 11,272 -12,402 -52.39 2,269 -53.73 0.2020
2023-01-26 2022-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 23,674 3,430 16.94 4,902 24.29 0.4490
2022-10-25 2022-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 20,244 -29 -0.14 3,944 -8.79 0.3949
2022-07-26 2022-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 20,273 810 4.16 4,324 -18.68 0.4273
2022-04-26 2022-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 19,463 -1,550 -7.38 5,317 0.45 0.4352
2022-01-27 2021-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 21,013 887 4.41 5,293 34.17 0.4086
2021-10-26 2021-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 20,126 687 3.53 3,945 -7.72 0.2512
2021-07-26 2021-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 19,439 -142 -0.73 4,275 -0.95 0.2779
2021-04-22 2021-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 19,581 1,917 10.85 4,316 17.35 0.2875
2021-01-28 2020-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 17,664 460 2.67 3,678 8.59 0.2534
2020-10-28 2020-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 17,204 6 0.03 3,387 16.51 0.2580
2020-07-23 2020-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 17,198 -493 -2.79 2,907 16.51 0.2452
2020-04-23 2020-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 17,691 241 1.38 2,495 -20.92 0.3229
2020-01-30 2019-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 17,450 -810 -4.44 3,155 6.70 0.3230
2019-10-24 2019-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 18,260 -49 -0.27 2,957 -4.49 0.3143
2019-07-25 2019-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 18,309 89 0.49 3,096 1.64 0.4926
2019-04-25 2019-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 18,220 -269 -1.45 3,046 19.17 0.4918
2019-01-31 2018-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 18,489 -129 -0.69 2,556 -15.67 0.4905
2018-10-24 2018-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 18,618 -139 -0.74 3,031 14.08 0.4969
2018-07-26 2018-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 18,757 -1,701 -8.31 2,657 -3.38 0.4624
2018-04-26 2018-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 20,458 -1,211 -5.59 2,750 -5.37 0.4617
2018-01-30 2017-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 21,669 -2,570 -10.60 2,906 3.38 0.4954
2017-10-31 2017-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 24,239 8,895 57.97 2,811 68.22 0.4856
2017-07-27 2017-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 15,344 -77 -0.50 1,671 2.33 0.4617
2017-04-27 2017-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 15,421 65 0.42 1,633 2.58 0.4549
2017-01-26 2016-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 15,356 -170 -1.09 1,592 5.08 0.4715
2016-10-25 2016-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 15,526 1,767 12.84 1,515 26.14 0.4857
2016-07-26 2016-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 13,759 2,499 22.19 1,201 34.04 0.3960
2016-04-26 2016-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 11,260 -2,788 -19.85 896 -18.40 0.3174
2016-02-01 2015-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 14,048 -6,557 -31.82 1,098 -39.70 0.3872
2015-10-22 2015-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 20,605 5,111 32.99 1,821 23.29 0.6503
2015-07-23 2015-06-30 13F UNION PAC CORP COM COMMON STOCK 907818108 15,494 5,862 60.86 1,477 41.61 0.4613
2015-04-27 2015-03-31 13F UNION PAC CORP COM COMMON STOCK 907818108 9,632 9,632 0.00 1,043 0.3219
2015-01-27 2014-12-31 13F UNION PAC CORP COM COMMON STOCK 907818108 0 -5,595 -100.00 0 -100.00
2014-10-23 2014-09-30 13F UNION PAC CORP COM COMMON STOCK 907818108 5,595 5,595 607 0.1939
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.