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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, Q3 2024

Institutional positions in Merchants Bancorp as of Sep 30, 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
174
+2 vs. Q2 2024
Shares held
14.6M
+1.48M (+11.3%) vs. Q2 2024
Total value
$654.3M
+$124.2M (+23.4%) vs. Q2 2024
New holders
28
62 more added
Sold out
26
55 more reduced

2 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2024: 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 holdersQ3 2024: 174 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 heldQ3 2024: $654.3M
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, Q3 2024

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q2 2024.

Institutions holding MBIN in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.1,544,253$69.4M0.00%+1,544,253New
Vanguard Group Inc1,243,078$55.9M0.00%+42,367+3.5%Added
Dimensional Fund Advisors LP1,134,268$51.0M0.01%+111,375+10.9%Added
Basswood Capital Management, L.L.C.601,954$27.1M1.40%−34,683−5.4%Reduced
Geode Capital Management, LLC566,520$25.5M0.00%+16,666+3.0%Added
Invesco Ltd.565,035$25.4M0.00%+457,236+424.2%Added
Royce & Associates LP490,189$22.0M0.20%+288,553+143.1%Added
Goldman Sachs Group Inc457,219$20.6M0.00%+185,126+68.0%Added
State Street Corp448,525$20.2M0.00%+20,214+4.7%Added
Morgan Stanley446,612$20.1M0.00%+121,675+37.4%Added
American Century Companies Inc426,023$19.2M0.01%+55,766+15.1%Added
Banc Funds Co LLC389,615$17.5M1.90%+12,500+3.3%Added
Boston Partners327,849$14.6M0.02%+231,954+241.9%Added
Federated Hermes, Inc.266,418$12.0M0.03%−11,494−4.1%Reduced
Charles Schwab Investment Management Inc233,482$10.5M0.00%−22,574−8.8%Reduced
Marshall Wace, LLP230,454$10.4M0.01%−134,836−36.9%Reduced
JPMorgan Chase & Co224,428$10.1M0.00%−276,696−55.2%Reduced
Valeo Financial Advisors, LLC218,537$9.83M0.28%−16,913−7.2%Reduced
Citadel Advisors LLC217,671$9.79M0.01%−69,974−24.3%Reduced
Hotchkis & Wiley Capital Management LLC214,480$9.64M0.03%−10,000−4.5%Reduced
Royal Bank of Canada214,003$9.62M0.00%+7,649+3.7%Added
SEI Investments Co209,921$9.44M0.01%+201,350+2,349.2%Added
PL Capital Advisors, LLC188,294$8.47M3.01%00.0%Unchanged
Northern Trust Corp179,807$8.08M0.00%+13,729+8.3%Added
Denali Advisors LLC154,789$6.96M0.75%+25,565+19.8%Added
Qube Research & Technologies Ltd139,202$6.26M0.01%−13,447−8.8%Reduced
Nuveen Asset Management, LLC138,590$6.23M0.00%+29,099+26.6%Added
Bank of New York Mellon Corp130,724$5.88M0.00%−13,706−9.5%Reduced
First Trust Advisors LP123,273$5.54M0.01%−4,282−3.4%Reduced
Russell Investments Group, Ltd.106,979$4.81M0.01%+64,496+151.8%Added
Jacobs Levy Equity Management, Inc106,484$4.79M0.02%−30,938−22.5%Reduced
Maltese Capital Management LLC91,000$4.09M0.66%+60,892+202.2%Added
Allspring Global Investments Holdings, LLC85,356$3.84M0.01%−57,197−40.1%Reduced
Bridgeway Capital Management, LLC82,211$3.70M0.08%−237,181−74.3%Reduced
Sapient Capital LLC77,213$3.48M0.07%00.0%Unchanged
Foundry Partners, LLC77,329$3.48M0.17%+77,329New
Assenagon Asset Management S.A.74,259$3.34M0.01%−190,205−71.9%Reduced
AQR Capital Management LLC69,601$3.13M0.00%+10,136+17.0%Added
Tudor Investment Corp Et Al66,708$3.00M0.03%+52,542+370.9%Added
Brandywine Global Investment Management, LLC66,152$2.98M0.02%−1,900−2.8%Reduced
Raymond James & Associates64,238$2.89M0.00%+8,873+16.0%Added
Hussman Strategic Advisors, Inc.63,000$2.83M0.70%+63,000New
Knights of Columbus Asset Advisors LLC62,767$2.82M0.19%−38,571−38.1%Reduced
John W. Rosenthal Capital Management, Inc.62,602$2.81M2.83%00.0%Unchanged
Deutsche Bank AG57,321$2.58M0.00%+33,770+143.4%Added
Trexquant Investment LP54,100$2.43M0.03%+54,100New
Elizabeth Park Capital Advisors, Ltd.52,763$2.37M1.92%00.0%Unchanged
Squarepoint Ops LLC50,445$2.27M0.01%+18,503+57.9%Added
New York State Common Retirement Fund49,534$2.23M0.00%+7,400+17.6%Added
EJF Capital LLC48,513$2.18M1.45%−20,062−29.3%Reduced
LPL Financial LLC47,376$2.13M0.00%+90.0%Added
Ameriprise Financial Inc46,708$2.10M0.00%−5,175−10.0%Reduced
Swiss National Bank40,200$1.81M0.00%+6,100+17.9%Added
Millennium Management LLC40,139$1.80M0.00%−51,440−56.2%Reduced
ExodusPoint Capital Management, LP38,258$1.72M0.02%+38,258New
Gsa Capital Partners LLP37,882$1.70M0.13%+8,008+26.8%Added
D. E. Shaw & Co., Inc.36,957$1.66M0.00%−88,956−70.6%Reduced
Formidable Asset Management, LLC35,400$1.59M0.25%−1,000−2.7%Reduced
Twelve Points Wealth Management LLC34,012$1.53M0.48%+1,166+3.5%Added
Franklin Resources Inc33,338$1.50M0.00%+15,342+85.3%Added
BNP Paribas Arbitrage, SA32,156$1.45M0.00%+10,508+48.5%Added
Citigroup Inc30,996$1.39M0.00%+13,092+73.1%Added
Barclays PLC28,312$1.27M0.00%+22,046+351.8%Added
Janus Henderson Group PLC28,231$1.27M0.00%−1,857−6.2%Reduced
UBS Group AG27,592$1.24M0.00%−26,049−48.6%Reduced
Rhumbline Advisers27,552$1.24M0.00%−572−2.0%Reduced
Canada Pension Plan Investment Board25,000$1.12M0.00%+25,000New
Bank of America Corp24,654$1.11M0.00%+3,345+15.7%Added
Renaissance Technologies LLC24,600$1.11M0.00%+24,600New
James Investment Research Inc23,770$1.07M0.12%00.0%Unchanged
Lazard Asset Management LLC23,377$1.05M0.00%+6,618+39.5%Added
Nebula Research & Development LLC22,764$1.02M0.12%+14,385+171.7%Added
The PNC Financial Services Group, Inc.22,030$990.5K0.00%00.0%Unchanged
UBS Asset Management Americas Inc20,319$913.5K0.00%+1,099+5.7%Added
Man Group plc20,160$906.4K0.00%+1,890+10.3%Added
Legal & General Group Plc19,741$887.6K0.00%+5,885+42.5%Added
California State Teachers Retirement System19,299$867.7K0.00%+2,399+14.2%Added
Siena Capital Partners GP, LLC18,290$822.3K0.24%+18,290New
Alliancebernstein L.P.18,030$810.6K0.00%00.0%Unchanged
Teacher Retirement System of Texas17,969$808.0K0.00%−4,229−19.1%Reduced
Envestnet Asset Management Inc17,436$783.9K0.00%+2,051+13.3%Added
Y-Intercept (Hong Kong) Ltd16,649$748.5K0.05%−2,117−11.3%Reduced
Stifel Financial Corp16,075$722.7K0.00%−25−0.2%Reduced
HRT Financial LP15,989$718.0K0.00%−9,748−37.9%Reduced
BCGM Wealth Management, LLC15,367$690.9K0.22%+34+0.2%Added
STRS Ohio14,300$642.9K0.00%−300−2.1%Reduced
Manufacturers Life Insurance Company, The13,127$590.2K0.00%+81+0.6%Added
Jump Financial, LLC12,940$581.8K0.01%+6,339+96.0%Added
Public Employees Retirement System of Ohio12,817$576.3K0.00%00.0%Unchanged
Victory Capital Management Inc12,734$572.5K0.00%+456+3.7%Added
Wells Fargo & Company12,307$553.3K0.00%−2,904−19.1%Reduced
State of Wisconsin Investment Board11,929$536.3K0.00%+3,300+38.2%Added
Commonwealth Equity Services, LLC11,802$531.0K0.00%−300−2.5%Reduced
Oxford Financial Group Ltd11,137$500.7K0.03%−16−0.1%Reduced
Westwood Holdings Group Inc.10,565$475.0K0.00%+10,565New
Jane Street Group, LLC10,561$474.8K0.00%−7,747−42.3%Reduced
Aldebaran Capital, LLC10,125$455.2K0.42%00.0%Unchanged
Connor, Clark & Lunn Investment Management Ltd.9,985$448.9K0.00%−10,178−50.5%Reduced
MetLife Investment Management9,905$445.3K0.00%00.0%Unchanged
Mirae Asset Global ETFs Holdings Ltd.9,900$445.1K0.00%+1,765+21.7%Added