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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, Q3 2023

Institutional positions in Merchants Bancorp as of Sep 30, 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
122
+9 vs. Q2 2023
Shares held
10.7M
+161.7K (+1.5%) vs. Q2 2023
Total value
$296.1M
+$27.5M (+10.2%) vs. Q2 2023
New holders
15
45 more added
Sold out
6
39 more reduced

1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: 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 holdersQ3 2023: 122 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 heldQ3 2023: $296.1M
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, Q3 2023

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q2 2023.

Institutions holding MBIN in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Nisa Investment Advisors, LLC19$5270.00%00.0%Unchanged
Comerica Bank32$8870.00%+32New
Covestor Ltd40$1.00K0.00%−19−32.2%Reduced
Parallel Advisors, LLC66$1.83K0.00%00.0%Unchanged
US Bancorp67$1.86K0.00%00.0%Unchanged
ClariVest Asset Management LLC68$2.00K0.00%−62−47.7%Reduced
Signaturefd, LLC94$2.61K0.00%−15−13.8%Reduced
Simplex Trading, LLC144$3.00K0.00%+44+44.0%Added
Steward Partners Investment Advisory, LLC118$3.27K0.00%00.0%Unchanged
Quadrant Capital Group LLC171$4.74K0.00%00.0%Unchanged
Capital Advisors, Ltd. LLC318$9.00K0.00%00.0%Unchanged
West Tower Group, LLC342$9.48K0.00%+251+275.8%Added
Federated Hermes, Inc.513$14.2K0.00%+56+12.3%Added
Metropolitan Life Insurance Co932$25.8K0.00%00.0%Unchanged
Aquatic Capital Management LLC1,200$33.0K0.00%+1,200New
FMR LLC1,220$33.8K0.00%+2+0.2%Added
FinTrust Capital Advisors, LLC1,288$35.7K0.01%+73+6.0%Added
Amalgamated Bank1,510$42.0K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,566$43.4K0.00%+470+42.9%Added
Quantbot Technologies LP1,627$45.1K0.00%−808−33.2%Reduced
Great West Life Assurance Co2,191$61.0K0.00%+2,191New
Advisor Group Holdings, Inc.2,436$67.5K0.00%+6+0.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)3,185$88.3K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)4,140$114.8K0.00%+3,809+1,150.8%Added
BNP Paribas Arbitrage, SA5,018$139.1K0.00%−921−15.5%Reduced
Qube Research & Technologies Ltd5,861$162.5K0.00%−10,878−65.0%Reduced
Barclays PLC5,917$164.0K0.00%−347−5.5%Reduced
SG Americas Securities, LLC7,191$199.0K0.00%+7,191New
Occudo Quantitative Strategies LP7,267$201.4K0.03%−3,069−29.7%Reduced
Deutsche Bank AG7,383$204.7K0.00%00.0%Unchanged
Meeder Advisory Services, Inc.7,500$207.9K0.03%+7,500New
Franklin Resources Inc7,570$209.8K0.00%+7,570New
SEI Investments Co7,771$215.4K0.00%+7,771New
American International Group, Inc.7,923$219.6K0.00%+282+3.7%Added
Cresset Asset Management, LLC7,911$219.9K0.00%+7,911New
Cetera Investment Advisers8,067$223.6K0.00%+8,067New
Bailard, Inc.8,200$227.3K0.01%+8,200New
Walleye Capital LLC8,895$246.6K0.00%+8,895New
State of Tennessee, Treasury Department8,909$247.0K0.00%−4,700−34.5%Reduced
MetLife Investment Management9,367$259.7K0.00%00.0%Unchanged
Citigroup Inc9,454$262.1K0.00%−7,613−44.6%Reduced
Public Employees Retirement System of Ohio9,940$276.0K0.00%00.0%Unchanged
Aldebaran Capital, LLC10,125$280.7K0.29%00.0%Unchanged
Manufacturers Life Insurance Company, The10,814$299.8K0.00%+10,814New
Oxford Financial Group Ltd11,137$308.7K0.03%00.0%Unchanged
Wells Fargo & Company11,644$322.8K0.00%−2,579−18.1%Reduced
Virginia Retirement Systems Et Al12,400$343.7K0.00%+12,400New
Teacher Retirement System of Texas12,938$359.0K0.00%−11−0.1%Reduced
UBS Group AG12,981$359.8K0.00%+1,682+14.9%Added
Commonwealth Equity Services, LLC13,032$361.0K0.00%00.0%Unchanged
Envestnet Asset Management Inc13,446$372.7K0.00%+3,994+42.3%Added
New York Life Investment Management LLC13,651$378.4K0.00%−2,176−13.7%Reduced
Engineers Gate Manager LP13,707$380.0K0.01%−2,375−14.8%Reduced
Legal & General Group Plc13,848$383.9K0.00%−144−1.0%Reduced
Corton Capital Inc.13,875$384.6K0.19%+2,607+23.1%Added
Credit Suisse AG15,064$417.6K0.00%−924−5.8%Reduced
BCGM Wealth Management, LLC15,225$422.0K0.19%+46+0.3%Added
Wedge Capital Management L L P15,388$426.6K0.01%−28,162−64.7%Reduced
Alliancebernstein L.P.15,440$428.0K0.00%−740−4.6%Reduced
Stifel Financial Corp16,075$445.6K0.00%00.0%Unchanged
State of Wisconsin Investment Board17,058$472.8K0.00%+3,041+21.7%Added
Man Group plc–$489.1K0.00%–New
Cornercap Investment Counsel Inc17,786$493.0K0.09%+17,786New
California State Teachers Retirement System18,797$521.1K0.00%−1,696−8.3%Reduced
Renaissance Technologies LLC18,900$524.0K0.00%−10,500−35.7%Reduced
D. E. Shaw & Co., Inc.19,024$527.3K0.00%+6,985+58.0%Added
STRS Ohio20,600$571.0K0.00%−1,500−6.8%Reduced
The PNC Financial Services Group, Inc.22,030$610.7K0.00%00.0%Unchanged
Campbell & CO Investment Adviser LLC22,141$613.7K0.07%−5,154−18.9%Reduced
Citadel Advisors LLC23,787$659.4K0.00%−19,524−45.1%Reduced
Rhumbline Advisers24,532$680.0K0.00%+471+2.0%Added
Bank of America Corp25,075$695.1K0.00%+1,945+8.4%Added
Ameriprise Financial Inc25,933$718.9K0.00%+6,594+34.1%Added
James Investment Research Inc26,278$728.4K0.10%00.0%Unchanged
Squarepoint Ops LLC27,360$758.4K0.00%−8,584−23.9%Reduced
Janus Henderson Group PLC30,500$844.9K0.00%+794+2.7%Added
Twelve Points Wealth Management LLC30,563$847.2K0.42%+1,543+5.3%Added
Russell Investments Group, Ltd.30,635$849.2K0.00%−1,722−5.3%Reduced
Martingale Asset Management L P30,645$849.5K0.02%−13,788−31.0%Reduced
Two Sigma Investments, LP31,421$871.0K0.00%+9,002+40.2%Added
New York State Common Retirement Fund31,730$879.6K0.00%+50.0%Added
John W. Rosenthal Capital Management, Inc.32,602$903.7K1.22%00.0%Unchanged
Raymond James & Associates34,501$956.4K0.00%+489+1.4%Added
Swiss National Bank38,000$1.05M0.00%+700+1.9%Added
Two Sigma Advisers, LP42,600$1.18M0.00%−900−2.1%Reduced
Nuveen Asset Management, LLC43,761$1.21M0.00%−2,969−6.4%Reduced
AQR Capital Management LLC51,773$1.44M0.00%+6,466+14.3%Added
Assenagon Asset Management S.A.55,245$1.53M0.01%+1,382+2.6%Added
Knights of Columbus Asset Advisors LLC56,399$1.56M0.14%−780−1.4%Reduced
Allspring Global Investments Holdings, LLC61,993$1.72M0.00%−763−1.2%Reduced
EJF Capital LLC62,932$1.74M0.77%−4,954−7.3%Reduced
Los Angeles Capital Management LLC76,330$2.12M0.01%+35,280+85.9%Added
Jacobs Levy Equity Management, Inc76,950$2.13M0.01%−7,435−8.8%Reduced
Brandywine Global Investment Management, LLC79,871$2.21M0.02%−1,315−1.6%Reduced
Denali Advisors LLC80,809$2.24M0.79%00.0%Unchanged
Royal Bank of Canada109,829$3.04M0.00%+906+0.8%Added
Boston Partners111,971$3.10M0.00%−16,955−13.2%Reduced
Millennium Management LLC116,138$3.22M0.00%+877+0.8%Added
Maltese Capital Management LLC117,500$3.26M1.24%00.0%Unchanged
Empowered Funds, LLC118,814$3.29M0.10%+9,638+8.8%Added