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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, 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.

Institutional holdersQ4 2023: 164 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 heldQ4 2023: $509.8M
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, Q4 2023

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q3 2023.

Institutions holding MBIN in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Atwood & Palmer Inc1$430.00%+1New
Nisa Investment Advisors, LLC19$8090.00%00.0%Unchanged
Covestor Ltd18$1.00K0.00%−22−55.0%Reduced
Comerica Bank32$1.36K0.00%00.0%Unchanged
Lindbrook Capital, LLC37$1.57K0.00%+37New
Venturi Wealth Management, LLC44$1.87K0.00%+44New
Parallel Advisors, LLC66$2.81K0.00%00.0%Unchanged
US Bancorp67$2.85K0.00%00.0%Unchanged
ClariVest Asset Management LLC68$2.90K0.00%00.0%Unchanged
Signaturefd, LLC94$4.00K0.00%00.0%Unchanged
Steward Partners Investment Advisory, LLC118$5.02K0.00%00.0%Unchanged
GAMMA Investing LLC134$5.86K0.00%+134New
Hillsdale Investment Management Inc.160$6.81K0.00%+160New
Macroview Investment Management LLC171$7.28K0.01%+171New
Quadrant Capital Group LLC272$11.6K0.00%+101+59.1%Added
Capital Advisors, Ltd. LLC318$14.0K0.00%00.0%Unchanged
MeadowBrook Investment Advisors LLC600$25.5K0.02%+600New
Aquatic Capital Management LLC700$30.0K0.00%−500−41.7%Reduced
Metropolitan Life Insurance Co932$39.7K0.00%00.0%Unchanged
West Tower Group, LLC1,103$47.0K0.10%+761+222.5%Added
Lazard Asset Management LLC1,220$51.0K0.00%+1,220New
FMR LLC1,222$52.0K0.00%+2+0.2%Added
FinTrust Capital Advisors, LLC1,271$54.1K0.01%−17−1.3%Reduced
Amalgamated Bank1,359$58.0K0.00%−151−10.0%Reduced
Acadian Asset Management LLC1,395$59.0K0.00%+1,395New
Qube Research & Technologies Ltd1,453$61.9K0.00%−4,408−75.2%Reduced
Ameritas Investment Partners, Inc.1,566$66.7K0.00%00.0%Unchanged
AJOVista, LLC2,027$86.3K0.11%+2,027New
Great West Life Assurance Co2,191$93.0K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.2,342$99.8K0.00%−94−3.9%Reduced
Advisory Services Network, LLC3,643$155.1K0.00%+3,643New
Quantbot Technologies LP4,304$183.3K0.01%+2,677+164.5%Added
EntryPoint Capital, LLC4,467$190.2K0.18%+4,467New
Zurcher Kantonalbank (Zurich Cantonalbank)4,648$197.9K0.00%+1,463+45.9%Added
Royce & Associates LP4,795$204.2K0.00%+4,795New
Arizona State Retirement System4,835$205.9K0.00%+4,835New
Tower Research Capital LLC (TRC)4,904$208.8K0.00%+764+18.5%Added
Gamco Investors, Inc. Et Al5,000$212.9K0.00%+5,000New
Fairfield, Bush & Co.5,308$226.0K0.13%+5,308New
O'Shaughnessy Asset Management, LLC5,560$236.7K0.00%+5,560New
Bank of Montreal5,486$239.4K0.00%+5,486New
Eqis Capital Management, Inc.5,664$241.2K0.02%+5,664New
Verition Fund Management LLC5,900$251.2K0.00%+5,900New
UBS Asset Management Americas Inc6,156$262.1K0.00%+6,156New
Man Group plc6,310$268.7K0.00%––
Cresset Asset Management, LLC6,495$277.1K0.00%−1,416−17.9%Reduced
Oracle Alpha Inc.6,518$277.5K0.36%+6,518New
Voya Investment Management LLC6,909$294.2K0.00%+6,909New
Simplex Trading, LLC7,015$298.0K0.01%+6,871+4,771.5%Added
Peloton Wealth Strategists7,125$303.0K0.13%+7,125New
Walleye Capital LLC7,244$308.4K0.00%−1,651−18.6%Reduced
Deutsche Bank AG7,383$314.4K0.00%00.0%Unchanged
Meeder Advisory Services, Inc.7,500$319.4K0.04%00.0%Unchanged
Franklin Resources Inc7,570$322.3K0.00%00.0%Unchanged
MetLife Investment Management7,731$329.2K0.00%−1,636−17.5%Reduced
American International Group, Inc.7,890$336.0K0.00%−33−0.4%Reduced
Cetera Investment Advisers8,138$346.5K0.00%+71+0.9%Added
Petrus Trust Company, LTA8,467$360.5K0.03%+8,467New
Yorktown Management & Research Co Inc8,800$374.7K0.39%+8,800New
Jane Street Group, LLC8,924$380.0K0.00%+8,924New
State of Wisconsin Investment Board9,189$391.3K0.00%−7,869−46.1%Reduced
AQR Capital Management LLC9,453$402.5K0.00%−42,320−81.7%Reduced
HRT Financial LP9,661$411.0K0.00%+9,661New
Mach-1 Financial Group, Inc.9,955$423.9K0.16%+9,955New
Aldebaran Capital, LLC10,125$431.1K0.44%00.0%Unchanged
Advisory Research Inc10,228$435.5K0.07%+10,228New
SG Americas Securities, LLC10,332$440.0K0.00%+3,141+43.7%Added
AE Wealth Management LLC10,170$442.4K0.00%+10,170New
Manufacturers Life Insurance Company, The10,560$449.6K0.00%−254−2.3%Reduced
Dark Forest Capital Management LP10,772$458.7K0.07%+10,772New
Alpha DNA Investment Management LLC11,106$472.9K0.28%+11,106New
Oxford Financial Group Ltd11,137$474.2K0.04%00.0%Unchanged
Commonwealth Equity Services, LLC12,102$515.0K0.00%−930−7.1%Reduced
Citigroup Inc12,481$531.4K0.00%+3,027+32.0%Added
Wells Fargo & Company12,583$535.8K0.00%+939+8.1%Added
New York Life Investment Management LLC13,262$564.7K0.01%−389−2.8%Reduced
Legal & General Group Plc13,848$589.6K0.00%00.0%Unchanged
Credit Suisse AG14,114$601.0K0.00%−950−6.3%Reduced
Semanteon Capital Management, LP14,318$609.7K0.41%+14,318New
Envestnet Asset Management Inc14,446$615.1K0.00%+1,000+7.4%Added
BNP Paribas Arbitrage, SA14,632$623.0K0.00%+9,614+191.6%Added
Susquehanna International Group, LLP14,655$624.0K0.00%+14,655New
Corton Capital Inc.14,901$634.5K0.20%+1,026+7.4%Added
Alliancebernstein L.P.14,950$636.6K0.00%−490−3.2%Reduced
BCGM Wealth Management, LLC15,271$650.2K0.26%+46+0.3%Added
Teacher Retirement System of Texas15,519$661.0K0.00%+2,581+19.9%Added
Marshall Wace, LLP15,570$663.0K0.00%+15,570New
Wedge Capital Management L L P15,748$670.5K0.01%+360+2.3%Added
STRS Ohio16,000$681.0K0.00%−4,600−22.3%Reduced
Stifel Financial Corp16,100$685.5K0.00%+25+0.2%Added
Squarepoint Ops LLC17,499$745.1K0.00%−9,861−36.0%Reduced
Cornercap Investment Counsel Inc17,908$762.5K0.12%+122+0.7%Added
California State Teachers Retirement System18,020$767.3K0.00%−777−4.1%Reduced
Occudo Quantitative Strategies LP19,118$814.0K0.11%+11,851+163.1%Added
SEI Investments Co19,438$827.7K0.00%+11,667+150.1%Added
Jacobs Levy Equity Management, Inc19,705$839.0K0.00%−57,245−74.4%Reduced
Ameriprise Financial Inc19,945$849.3K0.00%−5,988−23.1%Reduced
Gsa Capital Partners LLP20,521$874.0K0.07%+20,521New
UBS Group AG20,597$877.0K0.00%+7,616+58.7%Added
Connor, Clark & Lunn Investment Management Ltd.20,758$883.9K0.00%+20,758New