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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
Martingale Asset Management L P21,811$928.7K0.02%−8,834−28.8%Reduced
The PNC Financial Services Group, Inc.22,030$938.0K0.00%00.0%Unchanged
Bank of America Corp24,283$1.03M0.00%−792−3.2%Reduced
Rhumbline Advisers24,504$1.04M0.00%−28−0.1%Reduced
Engineers Gate Manager LP24,651$1.05M0.03%+10,944+79.8%Added
Barclays PLC25,069$1.07M0.00%+19,152+323.7%Added
Advisor Resource Council25,271$1.08M0.13%+25,271New
Two Sigma Investments, LP25,715$1.09M0.00%−5,706−18.2%Reduced
James Investment Research Inc26,278$1.12M0.14%00.0%Unchanged
Jump Financial, LLC28,520$1.21M0.04%+28,520New
New York State Common Retirement Fund30,035$1.28M0.00%−1,695−5.3%Reduced
Twelve Points Wealth Management LLC31,733$1.35M0.64%+1,170+3.8%Added
Capula Management Ltd31,926$1.36M0.09%+31,926New
John W. Rosenthal Capital Management, Inc.32,602$1.39M1.59%00.0%Unchanged
Janus Henderson Group PLC33,514$1.43M0.00%+3,014+9.9%Added
Raymond James & Associates33,953$1.45M0.00%−548−1.6%Reduced
Swiss National Bank34,100$1.45M0.00%−3,900−10.3%Reduced
Two Sigma Advisers, LP39,100$1.66M0.00%−3,500−8.2%Reduced
FJ Capital Management LLC44,123$1.88M0.19%−264,978−85.7%Reduced
Nuveen Asset Management, LLC44,232$1.88M0.00%+471+1.1%Added
Campbell & CO Investment Adviser LLC46,661$1.99M0.18%+24,520+110.7%Added
Millennium Management LLC47,398$2.02M0.00%−68,740−59.2%Reduced
Elizabeth Park Capital Advisors, Ltd.53,750$2.29M1.59%+53,750New
EJF Capital LLC59,064$2.51M1.31%−3,868−6.1%Reduced
D. E. Shaw & Co., Inc.59,458$2.53M0.00%+40,434+212.5%Added
Los Angeles Capital Management LLC61,990$2.64M0.01%−14,340−18.8%Reduced
Quadrature Capital Ltd62,378$2.66M0.05%+62,378New
Russell Investments Group, Ltd.62,669$2.67M0.00%+32,034+104.6%Added
Renaissance Technologies LLC63,066$2.69M0.00%+44,166+233.7%Added
Allspring Global Investments Holdings, LLC63,576$2.71M0.00%+1,583+2.6%Added
Brandywine Global Investment Management, LLC72,054$3.07M0.02%−7,817−9.8%Reduced
Arrowstreet Capital, Limited Partnership73,405$3.13M0.00%+73,405New
Sapient Capital LLC80,020$3.41M0.09%+80,020New
Denali Advisors LLC80,633$3.43M1.05%−176−0.2%Reduced
EAM Investors, LLC86,232$3.67M0.66%+86,232New
Citadel Advisors LLC101,238$4.31M0.00%+77,451+325.6%Added
Boston Partners105,586$4.50M0.01%−6,385−5.7%Reduced
Knights of Columbus Asset Advisors LLC109,732$4.67M0.30%+53,333+94.6%Added
Royal Bank of Canada112,624$4.79M0.00%+2,795+2.5%Added
Invesco Ltd.119,110$5.07M0.00%−23,831−16.7%Reduced
Seizert Capital Partners, LLC125,232$5.33M0.27%−18,369−12.8%Reduced
Assenagon Asset Management S.A.126,877$5.40M0.02%+71,632+129.7%Added
First Trust Advisors LP130,017$5.54M0.01%−3,416−2.6%Reduced
Empowered Funds, LLC130,526$5.56M0.14%+11,712+9.9%Added
Maltese Capital Management LLC147,665$6.29M1.77%+30,165+25.7%Added
Bank of New York Mellon Corp167,561$7.13M0.00%−26,448−13.6%Reduced
Northern Trust Corp171,855$7.32M0.00%+8,465+5.2%Added
Hotchkis & Wiley Capital Management LLC179,920$7.66M0.03%−6,900−3.7%Reduced
PL Capital Advisors, LLC183,294$7.80M2.70%−12,500−6.4%Reduced
Goldman Sachs Group Inc188,383$8.02M0.00%+25,921+16.0%Added
Federated Hermes, Inc.217,274$9.25M0.02%+216,761+42,253.6%Added
Charles Schwab Investment Management Inc224,580$9.56M0.00%+39,248+21.2%Added
American Century Companies Inc227,430$9.68M0.01%+38,827+20.6%Added
Valeo Financial Advisors, LLC256,829$10.9M0.44%−3,070−1.2%Reduced
Bridgeway Capital Management, LLC297,737$12.7M0.27%+11,712+4.1%Added
State Street Corp399,639$17.0M0.00%+22,182+5.9%Added
Morgan Stanley424,908$18.1M0.00%+257,608+154.0%Added
Geode Capital Management, LLC487,009$20.7M0.00%+18,539+4.0%Added
Banc Funds Co LLC527,700$22.5M2.21%+18,000+3.5%Added
Basswood Capital Management, L.L.C.595,843$25.4M1.64%−122,335−17.0%Reduced
JPMorgan Chase & Co616,213$26.2M0.00%−20,879−3.3%Reduced
Dimensional Fund Advisors LP795,381$33.9M0.01%+102,051+14.7%Added
Vanguard Group Inc970,840$41.3M0.00%+26,655+2.8%Added
BlackRock Inc.1,466,707$62.5M0.00%+136,075+10.2%Added
Public Employees Retirement System of Ohio0$00.00%−9,940−100.0%Sold out
State of Tennessee, Treasury Department0$00.00%−8,909−100.0%Sold out
Bailard, Inc.0$00.00%−8,200−100.0%Sold out
Virginia Retirement Systems Et Al––––Not filed