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.
13F holders, Q4 2023
Institutional positions in Merchants Bancorp as of Dec 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
- 164
- +43 vs. Q3 2023
- Shares held
- 12.0M
- +1.32M (+12.4%) vs. Q3 2023
- Total value
- $509.8M
- +$214.0M (+72.4%) vs. Q3 2023
- New holders
- 46
- 51 more added
- Sold out
- 3
- 46 more reduced
1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 188 | $2.26B |
| Q1 2026 | 178 | $1.97B |
| Q4 2025 | 151 | $548.2M |
| Q3 2025 | 158 | $501.3M |
| Q2 2025 | 150 | $505.0M |
| Q1 2025 | 160 | $551.1M |
| Q4 2024 | 170 | $1.53B |
| Q3 2024 | 174 | $654.3M |
| Q2 2024 | 174 | $589.0M |
| Q1 2024 | 173 | $515.7M |
| Q4 2023 | 164 | $509.8M |
| Q3 2023 | 122 | $296.1M |
| Q2 2023 | 114 | $271.5M |
| Q1 2023 | 125 | $267.8M |
| Q4 2022 | 114 | $246.7M |
| Q3 2022 | 121 | $229.8M |
| Q2 2022 | 114 | $217.9M |
| Q1 2022 | 121 | $260.2M |
| Q4 2021 | 114 | $302.4M |
| Q3 2021 | 102 | $250.0M |
| Q2 2021 | 110 | $254.5M |
| Q1 2021 | 106 | $275.2M |
Institutions, Q4 2023
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,466,707 | $62.5M | 0.00% | +136,075+10.2% | Added |
| Vanguard Group Inc | 970,840 | $41.3M | 0.00% | +26,655+2.8% | Added |
| Dimensional Fund Advisors LP | 795,381 | $33.9M | 0.01% | +102,051+14.7% | Added |
| JPMorgan Chase & Co | 616,213 | $26.2M | 0.00% | −20,879−3.3% | Reduced |
| Basswood Capital Management, L.L.C. | 595,843 | $25.4M | 1.64% | −122,335−17.0% | Reduced |
| Banc Funds Co LLC | 527,700 | $22.5M | 2.21% | +18,000+3.5% | Added |
| Geode Capital Management, LLC | 487,009 | $20.7M | 0.00% | +18,539+4.0% | Added |
| Morgan Stanley | 424,908 | $18.1M | 0.00% | +257,608+154.0% | Added |
| State Street Corp | 399,639 | $17.0M | 0.00% | +22,182+5.9% | Added |
| Bridgeway Capital Management, LLC | 297,737 | $12.7M | 0.27% | +11,712+4.1% | Added |
| Valeo Financial Advisors, LLC | 256,829 | $10.9M | 0.44% | −3,070−1.2% | Reduced |
| American Century Companies Inc | 227,430 | $9.68M | 0.01% | +38,827+20.6% | Added |
| Charles Schwab Investment Management Inc | 224,580 | $9.56M | 0.00% | +39,248+21.2% | Added |
| Federated Hermes, Inc. | 217,274 | $9.25M | 0.02% | +216,761+42,253.6% | Added |
| Goldman Sachs Group Inc | 188,383 | $8.02M | 0.00% | +25,921+16.0% | Added |
| PL Capital Advisors, LLC | 183,294 | $7.80M | 2.70% | −12,500−6.4% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 179,920 | $7.66M | 0.03% | −6,900−3.7% | Reduced |
| Northern Trust Corp | 171,855 | $7.32M | 0.00% | +8,465+5.2% | Added |
| Bank of New York Mellon Corp | 167,561 | $7.13M | 0.00% | −26,448−13.6% | Reduced |
| Maltese Capital Management LLC | 147,665 | $6.29M | 1.77% | +30,165+25.7% | Added |
| Empowered Funds, LLC | 130,526 | $5.56M | 0.14% | +11,712+9.9% | Added |
| First Trust Advisors LP | 130,017 | $5.54M | 0.01% | −3,416−2.6% | Reduced |
| Assenagon Asset Management S.A. | 126,877 | $5.40M | 0.02% | +71,632+129.7% | Added |
| Seizert Capital Partners, LLC | 125,232 | $5.33M | 0.27% | −18,369−12.8% | Reduced |
| Invesco Ltd. | 119,110 | $5.07M | 0.00% | −23,831−16.7% | Reduced |
| Royal Bank of Canada | 112,624 | $4.79M | 0.00% | +2,795+2.5% | Added |
| Knights of Columbus Asset Advisors LLC | 109,732 | $4.67M | 0.30% | +53,333+94.6% | Added |
| Boston Partners | 105,586 | $4.50M | 0.01% | −6,385−5.7% | Reduced |
| Citadel Advisors LLC | 101,238 | $4.31M | 0.00% | +77,451+325.6% | Added |
| EAM Investors, LLC | 86,232 | $3.67M | 0.66% | +86,232 | New |
| Denali Advisors LLC | 80,633 | $3.43M | 1.05% | −176−0.2% | Reduced |
| Sapient Capital LLC | 80,020 | $3.41M | 0.09% | +80,020 | New |
| Arrowstreet Capital, Limited Partnership | 73,405 | $3.13M | 0.00% | +73,405 | New |
| Brandywine Global Investment Management, LLC | 72,054 | $3.07M | 0.02% | −7,817−9.8% | Reduced |
| Allspring Global Investments Holdings, LLC | 63,576 | $2.71M | 0.00% | +1,583+2.6% | Added |
| Renaissance Technologies LLC | 63,066 | $2.69M | 0.00% | +44,166+233.7% | Added |
| Russell Investments Group, Ltd. | 62,669 | $2.67M | 0.00% | +32,034+104.6% | Added |
| Quadrature Capital Ltd | 62,378 | $2.66M | 0.05% | +62,378 | New |
| Los Angeles Capital Management LLC | 61,990 | $2.64M | 0.01% | −14,340−18.8% | Reduced |
| D. E. Shaw & Co., Inc. | 59,458 | $2.53M | 0.00% | +40,434+212.5% | Added |
| EJF Capital LLC | 59,064 | $2.51M | 1.31% | −3,868−6.1% | Reduced |
| Elizabeth Park Capital Advisors, Ltd. | 53,750 | $2.29M | 1.59% | +53,750 | New |
| Millennium Management LLC | 47,398 | $2.02M | 0.00% | −68,740−59.2% | Reduced |
| Campbell & CO Investment Adviser LLC | 46,661 | $1.99M | 0.18% | +24,520+110.7% | Added |
| Nuveen Asset Management, LLC | 44,232 | $1.88M | 0.00% | +471+1.1% | Added |
| FJ Capital Management LLC | 44,123 | $1.88M | 0.19% | −264,978−85.7% | Reduced |
| Two Sigma Advisers, LP | 39,100 | $1.66M | 0.00% | −3,500−8.2% | Reduced |
| Swiss National Bank | 34,100 | $1.45M | 0.00% | −3,900−10.3% | Reduced |
| Raymond James & Associates | 33,953 | $1.45M | 0.00% | −548−1.6% | Reduced |
| Janus Henderson Group PLC | 33,514 | $1.43M | 0.00% | +3,014+9.9% | Added |
| John W. Rosenthal Capital Management, Inc. | 32,602 | $1.39M | 1.59% | 00.0% | Unchanged |
| Capula Management Ltd | 31,926 | $1.36M | 0.09% | +31,926 | New |
| Twelve Points Wealth Management LLC | 31,733 | $1.35M | 0.64% | +1,170+3.8% | Added |
| New York State Common Retirement Fund | 30,035 | $1.28M | 0.00% | −1,695−5.3% | Reduced |
| Jump Financial, LLC | 28,520 | $1.21M | 0.04% | +28,520 | New |
| James Investment Research Inc | 26,278 | $1.12M | 0.14% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 25,715 | $1.09M | 0.00% | −5,706−18.2% | Reduced |
| Advisor Resource Council | 25,271 | $1.08M | 0.13% | +25,271 | New |
| Barclays PLC | 25,069 | $1.07M | 0.00% | +19,152+323.7% | Added |
| Engineers Gate Manager LP | 24,651 | $1.05M | 0.03% | +10,944+79.8% | Added |
| Rhumbline Advisers | 24,504 | $1.04M | 0.00% | −28−0.1% | Reduced |
| Bank of America Corp | 24,283 | $1.03M | 0.00% | −792−3.2% | Reduced |
| The PNC Financial Services Group, Inc. | 22,030 | $938.0K | 0.00% | 00.0% | Unchanged |
| Martingale Asset Management L P | 21,811 | $928.7K | 0.02% | −8,834−28.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 20,758 | $883.9K | 0.00% | +20,758 | New |
| UBS Group AG | 20,597 | $877.0K | 0.00% | +7,616+58.7% | Added |
| Gsa Capital Partners LLP | 20,521 | $874.0K | 0.07% | +20,521 | New |
| Ameriprise Financial Inc | 19,945 | $849.3K | 0.00% | −5,988−23.1% | Reduced |
| Jacobs Levy Equity Management, Inc | 19,705 | $839.0K | 0.00% | −57,245−74.4% | Reduced |
| SEI Investments Co | 19,438 | $827.7K | 0.00% | +11,667+150.1% | Added |
| Occudo Quantitative Strategies LP | 19,118 | $814.0K | 0.11% | +11,851+163.1% | Added |
| California State Teachers Retirement System | 18,020 | $767.3K | 0.00% | −777−4.1% | Reduced |
| Cornercap Investment Counsel Inc | 17,908 | $762.5K | 0.12% | +122+0.7% | Added |
| Squarepoint Ops LLC | 17,499 | $745.1K | 0.00% | −9,861−36.0% | Reduced |
| Stifel Financial Corp | 16,100 | $685.5K | 0.00% | +25+0.2% | Added |
| STRS Ohio | 16,000 | $681.0K | 0.00% | −4,600−22.3% | Reduced |
| Wedge Capital Management L L P | 15,748 | $670.5K | 0.01% | +360+2.3% | Added |
| Marshall Wace, LLP | 15,570 | $663.0K | 0.00% | +15,570 | New |
| Teacher Retirement System of Texas | 15,519 | $661.0K | 0.00% | +2,581+19.9% | Added |
| BCGM Wealth Management, LLC | 15,271 | $650.2K | 0.26% | +46+0.3% | Added |
| Alliancebernstein L.P. | 14,950 | $636.6K | 0.00% | −490−3.2% | Reduced |
| Corton Capital Inc. | 14,901 | $634.5K | 0.20% | +1,026+7.4% | Added |
| Susquehanna International Group, LLP | 14,655 | $624.0K | 0.00% | +14,655 | New |
| BNP Paribas Arbitrage, SA | 14,632 | $623.0K | 0.00% | +9,614+191.6% | Added |
| Envestnet Asset Management Inc | 14,446 | $615.1K | 0.00% | +1,000+7.4% | Added |
| Semanteon Capital Management, LP | 14,318 | $609.7K | 0.41% | +14,318 | New |
| Credit Suisse AG | 14,114 | $601.0K | 0.00% | −950−6.3% | Reduced |
| Legal & General Group Plc | 13,848 | $589.6K | 0.00% | 00.0% | Unchanged |
| New York Life Investment Management LLC | 13,262 | $564.7K | 0.01% | −389−2.8% | Reduced |
| Wells Fargo & Company | 12,583 | $535.8K | 0.00% | +939+8.1% | Added |
| Citigroup Inc | 12,481 | $531.4K | 0.00% | +3,027+32.0% | Added |
| Commonwealth Equity Services, LLC | 12,102 | $515.0K | 0.00% | −930−7.1% | Reduced |
| Oxford Financial Group Ltd | 11,137 | $474.2K | 0.04% | 00.0% | Unchanged |
| Alpha DNA Investment Management LLC | 11,106 | $472.9K | 0.28% | +11,106 | New |
| Dark Forest Capital Management LP | 10,772 | $458.7K | 0.07% | +10,772 | New |
| Manufacturers Life Insurance Company, The | 10,560 | $449.6K | 0.00% | −254−2.3% | Reduced |
| AE Wealth Management LLC | 10,170 | $442.4K | 0.00% | +10,170 | New |
| SG Americas Securities, LLC | 10,332 | $440.0K | 0.00% | +3,141+43.7% | Added |
| Advisory Research Inc | 10,228 | $435.5K | 0.07% | +10,228 | New |
| Aldebaran Capital, LLC | 10,125 | $431.1K | 0.44% | 00.0% | Unchanged |