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Merchants Bancorp

MBIN
Exchange
Nasdaq
Industry
State Commercial Banks
SEC CIK
0001629019

In the last 90 days, Merchants Bancorp insiders filed 0 open-market purchases and 2 sales; 188 institutions reported holding it in 13F filings for Q2 2026, worth $2.26B in total; no superinvestor holds it.

Other share classesMBINLMBINMMBINN

13F holders, Q1 2023

Institutional positions in Merchants Bancorp as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
125
+11 vs. Q4 2022
Shares held
10.3M
+127.0K (+1.3%) vs. Q4 2022
Total value
$267.8M
+$21.1M (+8.6%) vs. Q4 2022
New holders
20
46 more added
Sold out
9
40 more reduced

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MBIN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 125 institutions
Q1 2021: 106 institutionsQ2 2021: 110 institutionsQ3 2021: 102 institutionsQ4 2021: 114 institutionsQ1 2022: 121 institutionsQ2 2022: 114 institutionsQ3 2022: 121 institutionsQ4 2022: 114 institutionsQ1 2023: 125 institutionsQ2 2023: 114 institutionsQ3 2023: 122 institutionsQ4 2023: 164 institutionsQ1 2024: 173 institutionsQ2 2024: 174 institutionsQ3 2024: 174 institutionsQ4 2024: 170 institutionsQ1 2025: 160 institutionsQ2 2025: 150 institutionsQ3 2025: 158 institutionsQ4 2025: 151 institutionsQ1 2026: 178 institutionsQ2 2026: 188 institutions
Value heldQ1 2023: $267.8M
Q1 2021: $275.2MQ2 2021: $254.5MQ3 2021: $250.0MQ4 2021: $302.4MQ1 2022: $260.2MQ2 2022: $217.9MQ3 2022: $229.8MQ4 2022: $246.7MQ1 2023: $267.8MQ2 2023: $271.5MQ3 2023: $296.1MQ4 2023: $509.8MQ1 2024: $515.7MQ2 2024: $589.0MQ3 2024: $654.3MQ4 2024: $1.53BQ1 2025: $551.1MQ2 2025: $505.0MQ3 2025: $501.3MQ4 2025: $548.2MQ1 2026: $1.97BQ2 2026: $2.26B
Institutions holding MBIN and their total value by quarter
QuarterHoldersValue
Q2 2026188$2.26B
Q1 2026178$1.97B
Q4 2025151$548.2M
Q3 2025158$501.3M
Q2 2025150$505.0M
Q1 2025160$551.1M
Q4 2024170$1.53B
Q3 2024174$654.3M
Q2 2024174$589.0M
Q1 2024173$515.7M
Q4 2023164$509.8M
Q3 2023122$296.1M
Q2 2023114$271.5M
Q1 2023125$267.8M
Q4 2022114$246.7M
Q3 2022121$229.8M
Q2 2022114$217.9M
Q1 2022121$260.2M
Q4 2021114$302.4M
Q3 2021102$250.0M
Q2 2021110$254.5M
Q1 2021106$275.2M

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q4 2022.

Institutions holding MBIN in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Nisa Investment Advisors, LLC19$00.00%00.0%Unchanged
Lindbrook Capital, LLC35$9110.00%−9−20.5%Reduced
CWM, LLC45$1.00K0.00%00.0%Unchanged
Parallel Advisors, LLC59$1.54K0.00%00.0%Unchanged
US Bancorp64$1.67K0.00%00.0%Unchanged
ClariVest Asset Management LLC96$3.00K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC118$3.07K0.00%−66−35.9%Reduced
Simplex Trading, LLC174$4.00K0.00%+174New
Signaturefd, LLC174$4.53K0.00%+52+42.6%Added
Covestor Ltd215$6.00K0.01%+42+24.3%Added
Belpointe Asset Management LLC307$7.99K0.00%00.0%Unchanged
Federated Hermes, Inc.492$12.8K0.00%+492New
Tower Research Capital LLC (TRC)504$14.0K0.00%−74−12.8%Reduced
Quadrant Capital Group LLC669$17.4K0.00%−56−7.7%Reduced
Metropolitan Life Insurance Co932$24.3K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,096$28.5K0.00%00.0%Unchanged
FinTrust Capital Advisors, LLC1,215$29.5K0.01%00.0%Unchanged
FMR LLC1,507$39.2K0.00%+456+43.4%Added
Amalgamated Bank1,580$41.0K0.00%−365−18.8%Reduced
Lazard Asset Management LLC1,977$51.0K0.00%+1,088+122.4%Added
Advisor Group Holdings, Inc.2,234$58.2K0.00%+226+11.3%Added
Zurcher Kantonalbank (Zurich Cantonalbank)3,185$82.9K0.00%00.0%Unchanged
Quantbot Technologies LP3,663$95.4K0.01%+898+32.5%Added
Advisory Services Network, LLC4,847$126.2K0.00%+425+9.6%Added
SG Americas Securities, LLC6,476$169.0K0.00%+550+9.3%Added
Legal & General Group Plc6,506$169.4K0.00%+454+7.5%Added
Kessler Investment Group, LLC6,585$171.5K0.12%00.0%Unchanged
BNP Paribas Arbitrage, SA6,724$175.1K0.00%−470−6.5%Reduced
UBS Group AG6,916$180.1K0.00%+686+11.0%Added
American International Group, Inc.7,593$197.7K0.00%+151+2.0%Added
State of Tennessee, Treasury Department7,789$202.8K0.00%+7,789New
O'Shaughnessy Asset Management, LLC7,816$203.5K0.00%+7,816New
Trexquant Investment LP8,710$226.8K0.01%−14,651−62.7%Reduced
SEI Investments Co8,782$228.7K0.00%+8,782New
Envestnet Asset Management Inc8,883$231.3K0.00%+8,883New
MetLife Investment Management9,367$243.9K0.00%+790+9.2%Added
Susquehanna International Group, LLP9,470$246.6K0.00%+9,470New
Victory Capital Management Inc9,619$250.5K0.00%−11,713−54.9%Reduced
Occudo Quantitative Strategies LP9,757$254.1K0.02%+9,757New
Deutsche Bank AG9,777$254.6K0.00%+2,512+34.6%Added
Zebra Capital Management LLC9,789$255.0K1.27%−4,594−31.9%Reduced
Public Employees Retirement System of Ohio9,940$259.0K0.00%−2,760−21.7%Reduced
Skandinaviska Enskilda Banken AB (publ)10,000$260.0K0.00%+10,000New
Barclays PLC10,035$261.3K0.00%−2,367−19.1%Reduced
Aldebaran Capital, LLC10,125$263.7K0.27%00.0%Unchanged
Man Group plc–$271.6K0.00%–New
Wells Fargo & Company10,669$277.8K0.00%+3,055+40.1%Added
Citigroup Inc11,099$289.0K0.00%+1,474+15.3%Added
Oxford Financial Group Ltd11,137$290.0K0.03%00.0%Unchanged
Great West Life Assurance Co11,705$305.0K0.00%+1,817+18.4%Added
Commonwealth Equity Services, LLC13,032$339.0K0.00%−500−3.7%Reduced
Teacher Retirement System of Texas13,341$347.0K0.00%+13,341New
Globeflex Capital L P13,798$359.3K0.04%00.0%Unchanged
AXA S.A.13,900$362.0K0.00%+13,900New
Sonen Capital LLC14,000$364.6K0.62%−5,000−26.3%Reduced
Alliancebernstein L.P.14,200$369.8K0.00%−1,100−7.2%Reduced
Credit Suisse AG15,017$391.0K0.00%+4,375+41.1%Added
BCGM Wealth Management, LLC15,133$394.1K0.20%+43+0.3%Added
Engineers Gate Manager LP15,629$407.0K0.02%+15,629New
Tudor Investment Corp Et Al16,827$438.0K0.01%+16,827New
Janus Henderson Group PLC17,378$452.3K0.00%+7,776+81.0%Added
New York Life Investment Management LLC17,510$456.0K0.01%−3,209−15.5%Reduced
Gsa Capital Partners LLP18,225$475.0K0.05%+18,225New
Graham Capital Management, L.P.19,495$507.6K0.02%+19,495New
Ameriprise Financial Inc19,545$509.0K0.00%−3,334−14.6%Reduced
Stifel Financial Corp20,575$535.8K0.00%00.0%Unchanged
California State Teachers Retirement System20,997$546.8K0.00%−245−1.2%Reduced
State of Wisconsin Investment Board21,220$552.6K0.00%−5,979−22.0%Reduced
STRS Ohio21,300$554.0K0.00%−2,000−8.6%Reduced
First Trust Advisors LP21,538$560.8K0.00%−13,639−38.8%Reduced
Quadrature Capital Ltd21,916$569.8K0.02%+21,916New
The PNC Financial Services Group, Inc.22,030$573.7K0.00%00.0%Unchanged
Rhumbline Advisers25,184$656.0K0.00%+560+2.3%Added
Squarepoint Ops LLC26,229$683.0K0.00%+26,229New
James Investment Research Inc26,278$684.0K0.09%+124+0.5%Added
Twelve Points Wealth Management LLC26,446$688.7K0.40%+3,997+17.8%Added
New York State Common Retirement Fund27,439$714.5K0.00%−3,494−11.3%Reduced
Bank of America Corp30,065$782.9K0.00%+4,362+17.0%Added
Raymond James & Associates30,206$786.6K0.00%+11,147+58.5%Added
Summit Global Investments31,275$814.0K0.06%+4,400+16.4%Added
Algert Global LLC33,091$861.7K0.04%+9,726+41.6%Added
D. E. Shaw & Co., Inc.35,141$915.1K0.00%+12,576+55.7%Added
John W. Rosenthal Capital Management, Inc.36,202$943.0K1.06%00.0%Unchanged
Swiss National Bank37,300$971.3K0.00%−4,300−10.3%Reduced
Los Angeles Capital Management LLC39,950$1.04M0.00%−590−1.5%Reduced
Renaissance Technologies LLC40,100$1.04M0.00%−28,800−41.8%Reduced
Cornercap Investment Counsel Inc41,040$1.07M0.19%+41,040New
AQR Capital Management LLC41,901$1.09M0.00%−11,725−21.9%Reduced
Citadel Advisors LLC44,026$1.15M0.00%+36,633+495.5%Added
Russell Investments Group, Ltd.44,123$1.15M0.00%+27,643+167.7%Added
Millennium Management LLC52,543$1.37M0.00%−89,835−63.1%Reduced
Two Sigma Advisers, LP54,600$1.42M0.00%+2,200+4.2%Added
Two Sigma Investments, LP54,840$1.43M0.00%+978+1.8%Added
Knights of Columbus Asset Advisors LLC57,045$1.49M0.15%+435+0.8%Added
Denali Advisors LLC58,505$1.52M0.63%−866−1.5%Reduced
Allspring Global Investments Holdings, LLC61,486$1.60M0.00%−269−0.4%Reduced
Martingale Asset Management L P62,636$1.63M0.03%+911+1.5%Added
Nuveen Asset Management, LLC66,484$1.73M0.00%+16,930+34.2%Added
Brandywine Global Investment Management, LLC81,128$2.11M0.02%−98−0.1%Reduced
EJF Capital LLC83,382$2.17M0.81%−12,200−12.8%Reduced