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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
BNP Paribas Arbitrage, SA16,315$704.5K0.00%+1,683+11.5%Added
Connor, Clark & Lunn Investment Management Ltd.16,494$712.2K0.00%−4,264−20.5%Reduced
HRT Financial LP16,661$719.0K0.00%+7,000+72.5%Added
Balyasny Asset Management LLC17,069$737.0K0.00%+17,069New
California State Teachers Retirement System17,148$740.5K0.00%−872−4.8%Reduced
State of Wisconsin Investment Board17,218$743.5K0.00%+8,029+87.4%Added
Alliancebernstein L.P.18,030$778.5K0.00%+3,080+20.6%Added
Teacher Retirement System of Texas18,577$802.0K0.01%+3,058+19.7%Added
Wedge Capital Management L L P19,156$827.2K0.01%+3,408+21.6%Added
Gsa Capital Partners LLP19,435$839.0K0.07%−1,086−5.3%Reduced
Two Sigma Investments, LP20,003$863.7K0.00%−5,712−22.2%Reduced
The PNC Financial Services Group, Inc.22,030$951.3K0.00%00.0%Unchanged
James Investment Research Inc23,770$1.03M0.12%−2,508−9.5%Reduced
Quadrature Capital Ltd24,528$1.05M0.02%−37,850−60.7%Reduced
Rhumbline Advisers25,153$1.09M0.00%+649+2.6%Added
Russell Investments Group, Ltd.26,428$1.14M0.00%−36,241−57.8%Reduced
Engineers Gate Manager LP27,965$1.21M0.03%+3,314+13.4%Added
Two Sigma Advisers, LP29,200$1.26M0.00%−9,900−25.3%Reduced
New York State Common Retirement Fund30,032$1.30M0.00%−30.0%Reduced
Janus Henderson Group PLC31,077$1.34M0.00%−2,437−7.3%Reduced
Los Angeles Capital Management LLC31,632$1.37M0.00%−30,358−49.0%Reduced
Renaissance Technologies LLC31,630$1.37M0.00%−31,436−49.8%Reduced
Twelve Points Wealth Management LLC31,651$1.37M0.50%−82−0.3%Reduced
Squarepoint Ops LLC31,913$1.38M0.01%+14,414+82.4%Added
Campbell & CO Investment Adviser LLC32,052$1.38M0.12%−14,609−31.3%Reduced
John W. Rosenthal Capital Management, Inc.32,602$1.41M1.89%00.0%Unchanged
Swiss National Bank34,100$1.47M0.00%00.0%Unchanged
Qube Research & Technologies Ltd35,401$1.53M0.00%+33,948+2,336.4%Added
AQR Capital Management LLC35,804$1.55M0.00%+26,351+278.8%Added
Formidable Asset Management, LLC36,400$1.57M0.26%+36,400New
Millennium Management LLC38,178$1.65M0.00%−9,220−19.5%Reduced
Ameriprise Financial Inc38,508$1.66M0.00%+18,563+93.1%Added
LPL Financial LLC39,125$1.69M0.00%+39,125New
UBS Group AG42,837$1.85M0.00%+22,240+108.0%Added
Nuveen Asset Management, LLC44,232$1.91M0.00%00.0%Unchanged
Elizabeth Park Capital Advisors, Ltd.52,763$2.28M1.89%−987−1.8%Reduced
Raymond James & Associates54,951$2.37M0.00%+20,998+61.8%Added
Maltese Capital Management LLC60,000$2.59M0.50%−87,665−59.4%Reduced
Citadel Advisors LLC60,846$2.63M0.00%−40,392−39.9%Reduced
D. E. Shaw & Co., Inc.61,722$2.67M0.00%+2,264+3.8%Added
Cubist Systematic Strategies, LLC70,119$3.03M0.03%+70,119New
Brandywine Global Investment Management, LLC71,458$3.09M0.02%−596−0.8%Reduced
Sapient Capital LLC77,213$3.34M0.07%−2,807−3.5%Reduced
Allspring Global Investments Holdings, LLC81,261$3.51M0.01%+17,685+27.8%Added
Denali Advisors LLC81,313$3.51M1.03%+680+0.8%Added
First Trust Advisors LP95,366$4.12M0.00%−34,651−26.7%Reduced
Knights of Columbus Asset Advisors LLC100,191$4.33M0.31%−9,541−8.7%Reduced
Boston Partners100,981$4.36M0.01%−4,605−4.4%Reduced
Jacobs Levy Equity Management, Inc106,717$4.61M0.02%+87,012+441.6%Added
Invesco Ltd.115,025$4.97M0.00%−4,085−3.4%Reduced
Arrowstreet Capital, Limited Partnership121,989$5.27M0.00%+48,584+66.2%Added
Assenagon Asset Management S.A.138,089$5.96M0.02%+11,212+8.8%Added
Empowered Funds, LLC141,201$6.10M0.11%+10,675+8.2%Added
Bank of New York Mellon Corp149,715$6.46M0.00%−17,846−10.7%Reduced
Northern Trust Corp167,087$7.21M0.00%−4,768−2.8%Reduced
PL Capital Advisors, LLC183,294$7.91M3.02%00.0%Unchanged
Royal Bank of Canada194,545$8.40M0.00%+81,921+72.7%Added
Hotchkis & Wiley Capital Management LLC205,650$8.88M0.03%+25,730+14.3%Added
Valeo Financial Advisors, LLC235,326$9.63M0.35%−21,503−8.4%Reduced
Goldman Sachs Group Inc228,620$9.87M0.00%+40,237+21.4%Added
Charles Schwab Investment Management Inc242,851$10.5M0.00%+18,271+8.1%Added
Federated Hermes, Inc.291,928$12.6M0.03%+74,654+34.4%Added
American Century Companies Inc301,124$13.0M0.01%+73,694+32.4%Added
Bridgeway Capital Management, LLC308,412$13.3M0.27%+10,675+3.6%Added
Morgan Stanley400,575$17.3M0.00%−24,333−5.7%Reduced
State Street Corp405,719$17.6M0.00%+6,080+1.5%Added
Banc Funds Co LLC416,815$18.0M2.03%−110,885−21.0%Reduced
Geode Capital Management, LLC496,340$21.4M0.00%+9,331+1.9%Added
Basswood Capital Management, L.L.C.565,912$24.4M1.43%−29,931−5.0%Reduced
JPMorgan Chase & Co636,516$27.5M0.00%+20,303+3.3%Added
Dimensional Fund Advisors LP928,112$40.1M0.01%+132,731+16.7%Added
Vanguard Group Inc994,962$43.0M0.00%+24,122+2.5%Added
BlackRock Inc.1,396,377$60.3M0.00%−70,330−4.8%Reduced
Seizert Capital Partners, LLC0$00.00%−125,232−100.0%Sold out
EAM Investors, LLC0$00.00%−86,232−100.0%Sold out
FJ Capital Management LLC0$00.00%−44,123−100.0%Sold out
Capula Management Ltd0$00.00%−31,926−100.0%Sold out
Advisor Resource Council0$00.00%−25,271−100.0%Sold out
Alpha DNA Investment Management LLC0$00.00%−11,106−100.0%Sold out
AE Wealth Management LLC0$00.00%−10,170−100.0%Sold out
Advisory Research Inc0$00.00%−10,228−100.0%Sold out
Mach-1 Financial Group, Inc.0$00.00%−9,955−100.0%Sold out
Walleye Capital LLC0$00.00%−7,244−100.0%Sold out
Oracle Alpha Inc.0$00.00%−6,518−100.0%Sold out
Cresset Asset Management, LLC0$00.00%−6,495−100.0%Sold out
Verition Fund Management LLC0$00.00%−5,900−100.0%Sold out
Bank of Montreal0$00.00%−5,486−100.0%Sold out
Royce & Associates LP0$00.00%−4,795−100.0%Sold out
Advisory Services Network, LLC0$00.00%−3,643−100.0%Sold out
AJOVista, LLC0$00.00%−2,027−100.0%Sold out
Acadian Asset Management LLC0$00.00%−1,395−100.0%Sold out
West Tower Group, LLC0$00.00%−1,103−100.0%Sold out
Macroview Investment Management LLC0$00.00%−171−100.0%Sold out
Venturi Wealth Management, LLC0$00.00%−44−100.0%Sold out