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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 2024

Institutional positions in Merchants Bancorp as of Mar 31, 2024. 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
173
+9 vs. Q4 2023
Shares held
12.0M
−16.7K (−0.1%) vs. Q4 2023
Total value
$515.7M
+$5.91M (+1.2%) vs. Q4 2023
New holders
30
52 more added
Sold out
21
65 more reduced

Compare with Q4 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 holdersQ1 2024: 173 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 2024: $515.7M
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 2024

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q4 2023.

Institutions holding MBIN in Q1 2024
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,396,377$60.3M0.00%−70,330−4.8%Reduced
Vanguard Group Inc994,962$43.0M0.00%+24,122+2.5%Added
Dimensional Fund Advisors LP928,112$40.1M0.01%+132,731+16.7%Added
JPMorgan Chase & Co636,516$27.5M0.00%+20,303+3.3%Added
Basswood Capital Management, L.L.C.565,912$24.4M1.43%−29,931−5.0%Reduced
Geode Capital Management, LLC496,340$21.4M0.00%+9,331+1.9%Added
Banc Funds Co LLC416,815$18.0M2.03%−110,885−21.0%Reduced
State Street Corp405,719$17.6M0.00%+6,080+1.5%Added
Morgan Stanley400,575$17.3M0.00%−24,333−5.7%Reduced
Bridgeway Capital Management, LLC308,412$13.3M0.27%+10,675+3.6%Added
American Century Companies Inc301,124$13.0M0.01%+73,694+32.4%Added
Federated Hermes, Inc.291,928$12.6M0.03%+74,654+34.4%Added
Charles Schwab Investment Management Inc242,851$10.5M0.00%+18,271+8.1%Added
Goldman Sachs Group Inc228,620$9.87M0.00%+40,237+21.4%Added
Valeo Financial Advisors, LLC235,326$9.63M0.35%−21,503−8.4%Reduced
Hotchkis & Wiley Capital Management LLC205,650$8.88M0.03%+25,730+14.3%Added
Royal Bank of Canada194,545$8.40M0.00%+81,921+72.7%Added
PL Capital Advisors, LLC183,294$7.91M3.02%00.0%Unchanged
Northern Trust Corp167,087$7.21M0.00%−4,768−2.8%Reduced
Bank of New York Mellon Corp149,715$6.46M0.00%−17,846−10.7%Reduced
Empowered Funds, LLC141,201$6.10M0.11%+10,675+8.2%Added
Assenagon Asset Management S.A.138,089$5.96M0.02%+11,212+8.8%Added
Arrowstreet Capital, Limited Partnership121,989$5.27M0.00%+48,584+66.2%Added
Invesco Ltd.115,025$4.97M0.00%−4,085−3.4%Reduced
Jacobs Levy Equity Management, Inc106,717$4.61M0.02%+87,012+441.6%Added
Boston Partners100,981$4.36M0.01%−4,605−4.4%Reduced
Knights of Columbus Asset Advisors LLC100,191$4.33M0.31%−9,541−8.7%Reduced
First Trust Advisors LP95,366$4.12M0.00%−34,651−26.7%Reduced
Denali Advisors LLC81,313$3.51M1.03%+680+0.8%Added
Allspring Global Investments Holdings, LLC81,261$3.51M0.01%+17,685+27.8%Added
Sapient Capital LLC77,213$3.34M0.07%−2,807−3.5%Reduced
Brandywine Global Investment Management, LLC71,458$3.09M0.02%−596−0.8%Reduced
Cubist Systematic Strategies, LLC70,119$3.03M0.03%+70,119New
D. E. Shaw & Co., Inc.61,722$2.67M0.00%+2,264+3.8%Added
Citadel Advisors LLC60,846$2.63M0.00%−40,392−39.9%Reduced
Maltese Capital Management LLC60,000$2.59M0.50%−87,665−59.4%Reduced
Raymond James & Associates54,951$2.37M0.00%+20,998+61.8%Added
Elizabeth Park Capital Advisors, Ltd.52,763$2.28M1.89%−987−1.8%Reduced
Nuveen Asset Management, LLC44,232$1.91M0.00%00.0%Unchanged
UBS Group AG42,837$1.85M0.00%+22,240+108.0%Added
LPL Financial LLC39,125$1.69M0.00%+39,125New
Ameriprise Financial Inc38,508$1.66M0.00%+18,563+93.1%Added
Millennium Management LLC38,178$1.65M0.00%−9,220−19.5%Reduced
Formidable Asset Management, LLC36,400$1.57M0.26%+36,400New
AQR Capital Management LLC35,804$1.55M0.00%+26,351+278.8%Added
Qube Research & Technologies Ltd35,401$1.53M0.00%+33,948+2,336.4%Added
Swiss National Bank34,100$1.47M0.00%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.32,602$1.41M1.89%00.0%Unchanged
Campbell & CO Investment Adviser LLC32,052$1.38M0.12%−14,609−31.3%Reduced
Squarepoint Ops LLC31,913$1.38M0.01%+14,414+82.4%Added
Twelve Points Wealth Management LLC31,651$1.37M0.50%−82−0.3%Reduced
Renaissance Technologies LLC31,630$1.37M0.00%−31,436−49.8%Reduced
Los Angeles Capital Management LLC31,632$1.37M0.00%−30,358−49.0%Reduced
Janus Henderson Group PLC31,077$1.34M0.00%−2,437−7.3%Reduced
New York State Common Retirement Fund30,032$1.30M0.00%−30.0%Reduced
Two Sigma Advisers, LP29,200$1.26M0.00%−9,900−25.3%Reduced
Engineers Gate Manager LP27,965$1.21M0.03%+3,314+13.4%Added
Russell Investments Group, Ltd.26,428$1.14M0.00%−36,241−57.8%Reduced
Rhumbline Advisers25,153$1.09M0.00%+649+2.6%Added
Quadrature Capital Ltd24,528$1.05M0.02%−37,850−60.7%Reduced
James Investment Research Inc23,770$1.03M0.12%−2,508−9.5%Reduced
The PNC Financial Services Group, Inc.22,030$951.3K0.00%00.0%Unchanged
Two Sigma Investments, LP20,003$863.7K0.00%−5,712−22.2%Reduced
Gsa Capital Partners LLP19,435$839.0K0.07%−1,086−5.3%Reduced
Wedge Capital Management L L P19,156$827.2K0.01%+3,408+21.6%Added
Teacher Retirement System of Texas18,577$802.0K0.01%+3,058+19.7%Added
Alliancebernstein L.P.18,030$778.5K0.00%+3,080+20.6%Added
State of Wisconsin Investment Board17,218$743.5K0.00%+8,029+87.4%Added
California State Teachers Retirement System17,148$740.5K0.00%−872−4.8%Reduced
Balyasny Asset Management LLC17,069$737.0K0.00%+17,069New
HRT Financial LP16,661$719.0K0.00%+7,000+72.5%Added
Connor, Clark & Lunn Investment Management Ltd.16,494$712.2K0.00%−4,264−20.5%Reduced
BNP Paribas Arbitrage, SA16,315$704.5K0.00%+1,683+11.5%Added
Stifel Financial Corp16,100$695.2K0.00%00.0%Unchanged
Jump Financial, LLC15,822$683.2K0.02%−12,698−44.5%Reduced
BCGM Wealth Management, LLC15,300$660.7K0.24%+29+0.2%Added
Dark Forest Capital Management LP14,802$639.1K0.11%+4,030+37.4%Added
Martingale Asset Management L P14,801$639.1K0.01%−7,010−32.1%Reduced
Citigroup Inc14,758$637.3K0.00%+2,277+18.2%Added
Barclays PLC14,516$626.8K0.00%−10,553−42.1%Reduced
Credit Suisse AG14,482$625.3K0.00%+368+2.6%Added
Semanteon Capital Management, LP14,315$618.1K0.39%−30.0%Reduced
Black Maple Capital Management LP14,102$608.9K0.41%+14,102New
Legal & General Group Plc13,741$593.3K0.00%−107−0.8%Reduced
Trexquant Investment LP13,610$587.7K0.01%+13,610New
Public Employees Retirement System of Ohio13,593$586.9K0.00%+13,593New
Principal Financial Group Inc13,528$584.1K0.00%+13,528New
Cornercap Investment Counsel Inc13,504$583.1K0.09%−4,404−24.6%Reduced
STRS Ohio13,500$582.0K0.00%−2,500−15.6%Reduced
Wells Fargo & Company13,412$579.1K0.00%+829+6.6%Added
Bank of America Corp13,221$570.9K0.00%−11,062−45.6%Reduced
Harbor Capital Advisors, Inc.12,576$543.0K0.07%+12,576New
Y-Intercept (Hong Kong) Ltd12,391$535.0K0.04%+12,391New
Commonwealth Equity Services, LLC12,102$523.0K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The11,816$510.2K0.00%+1,256+11.9%Added
Occudo Quantitative Strategies LP11,403$492.4K0.09%−7,715−40.4%Reduced
Oxford Financial Group Ltd11,145$481.2K0.03%+8+0.1%Added
Envestnet Asset Management Inc10,987$474.4K0.00%−3,459−23.9%Reduced
Jane Street Group, LLC10,552$455.6K0.00%+1,628+18.2%Added
Corton Capital Inc.10,170$439.1K0.16%−4,731−31.7%Reduced