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.
13F holders, Q4 2024
Institutional positions in Merchants Bancorp as of Dec 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
- 170
- −1 vs. Q3 2024
- Shares held
- 41.9M
- +27.4M (+189.1%) vs. Q3 2024
- Total value
- $1.53B
- +$876.2M (+134.5%) vs. Q3 2024
- New holders
- 29
- 66 more added
- Sold out
- 30
- 46 more reduced
3 institutions that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 188 | $2.26B |
| Q1 2026 | 178 | $1.97B |
| Q4 2025 | 151 | $548.2M |
| Q3 2025 | 158 | $501.3M |
| Q2 2025 | 150 | $505.0M |
| Q1 2025 | 160 | $551.1M |
| Q4 2024 | 170 | $1.53B |
| Q3 2024 | 174 | $654.3M |
| Q2 2024 | 174 | $589.0M |
| Q1 2024 | 173 | $515.7M |
| Q4 2023 | 164 | $509.8M |
| Q3 2023 | 122 | $296.1M |
| Q2 2023 | 114 | $271.5M |
| Q1 2023 | 125 | $267.8M |
| Q4 2022 | 114 | $246.7M |
| Q3 2022 | 121 | $229.8M |
| Q2 2022 | 114 | $217.9M |
| Q1 2022 | 121 | $260.2M |
| Q4 2021 | 114 | $302.4M |
| Q3 2021 | 102 | $250.0M |
| Q2 2021 | 110 | $254.5M |
| Q1 2021 | 106 | $275.2M |
Institutions, Q4 2024
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Elser Financial Planning, Inc | 27,260,950 | $994.2M | 59.49% | +27,260,950 | New |
| BlackRock, Inc. | 1,525,360 | $55.6M | 0.00% | −18,893−1.2% | Reduced |
| Dimensional Fund Advisors LP | 1,267,109 | $46.2M | 0.01% | +132,841+11.7% | Added |
| Vanguard Group Inc | 1,207,854 | $44.1M | 0.00% | −35,224−2.8% | Reduced |
| Basswood Capital Management, L.L.C. | 581,753 | $21.2M | 1.24% | −20,201−3.4% | Reduced |
| Royce & Associates LP | 566,245 | $20.7M | 0.19% | +76,056+15.5% | Added |
| Geode Capital Management, LLC | 565,661 | $20.6M | 0.00% | −859−0.2% | Reduced |
| Goldman Sachs Group Inc | 479,352 | $17.5M | 0.00% | +22,133+4.8% | Added |
| American Century Companies Inc | 474,904 | $17.3M | 0.01% | +48,881+11.5% | Added |
| Invesco Ltd. | 471,430 | $17.2M | 0.00% | −93,605−16.6% | Reduced |
| State Street Corp | 467,625 | $17.1M | 0.00% | +19,100+4.3% | Added |
| Banc Funds Co LLC | 400,615 | $14.6M | 1.61% | +11,000+2.8% | Added |
| Boston Partners | 337,235 | $12.5M | 0.02% | +9,386+2.9% | Added |
| Morgan Stanley | 291,514 | $10.6M | 0.00% | −155,098−34.7% | Reduced |
| JPMorgan Chase & Co | 280,942 | $10.2M | 0.00% | +56,514+25.2% | Added |
| Macquarie Group Ltd | 260,822 | $9.51M | 0.01% | +260,822 | New |
| Marshall Wace, LLP | 246,879 | $9.00M | 0.01% | +16,425+7.1% | Added |
| Hotchkis & Wiley Capital Management LLC | 241,380 | $8.80M | 0.03% | +26,900+12.5% | Added |
| Valeo Financial Advisors, LLC | 225,419 | $8.22M | 0.23% | +6,882+3.1% | Added |
| Royal Bank of Canada | 218,069 | $7.95M | 0.00% | +4,066+1.9% | Added |
| SEI Investments Co | 209,792 | $7.65M | 0.01% | −129−0.1% | Reduced |
| Charles Schwab Investment Management Inc | 207,282 | $7.56M | 0.00% | −26,200−11.2% | Reduced |
| PL Capital Advisors, LLC | 188,294 | $6.87M | 2.34% | 00.0% | Unchanged |
| Citadel Advisors LLC | 185,226 | $6.76M | 0.01% | −32,445−14.9% | Reduced |
| Denali Advisors LLC | 182,606 | $6.66M | 0.70% | +27,817+18.0% | Added |
| Northern Trust Corp | 179,189 | $6.54M | 0.00% | −618−0.3% | Reduced |
| Bank of New York Mellon Corp | 143,802 | $5.24M | 0.00% | +13,078+10.0% | Added |
| First Trust Advisors LP | 136,329 | $4.97M | 0.00% | +13,056+10.6% | Added |
| Millennium Management LLC | 126,087 | $4.60M | 0.00% | +85,948+214.1% | Added |
| Assenagon Asset Management S.A. | 112,712 | $4.11M | 0.01% | +38,453+51.8% | Added |
| Jacobs Levy Equity Management, Inc | 107,898 | $3.94M | 0.01% | +1,414+1.3% | Added |
| Nuveen Asset Management, LLC | 101,367 | $3.70M | 0.00% | −37,223−26.9% | Reduced |
| Moran Wealth Management, LLC | 96,640 | $3.52M | 0.11% | +96,640 | New |
| Endeavour Capital Advisors Inc | 96,224 | $3.51M | 1.12% | +96,224 | New |
| Allspring Global Investments Holdings, LLC | 89,841 | $3.28M | 0.01% | +4,485+5.3% | Added |
| Renaissance Technologies LLC | 87,200 | $3.18M | 0.00% | +62,600+254.5% | Added |
| AQR Capital Management LLC | 84,390 | $3.08M | 0.00% | +14,789+21.2% | Added |
| Ameriprise Financial Inc | 82,200 | $3.00M | 0.00% | +35,492+76.0% | Added |
| Qube Research & Technologies Ltd | 78,800 | $2.87M | 0.00% | −60,402−43.4% | Reduced |
| Sapient Capital LLC | 74,103 | $2.71M | 0.05% | −3,110−4.0% | Reduced |
| Brandywine Global Investment Management, LLC | 63,147 | $2.30M | 0.02% | −3,005−4.5% | Reduced |
| Hussman Strategic Advisors, Inc. | 63,000 | $2.30M | 0.68% | 00.0% | Unchanged |
| Knights of Columbus Asset Advisors LLC | 62,878 | $2.29M | 0.15% | +111+0.2% | Added |
| New York State Common Retirement Fund | 60,534 | $2.21M | 0.00% | +11,000+22.2% | Added |
| D. E. Shaw & Co., Inc. | 57,754 | $2.11M | 0.00% | +20,797+56.3% | Added |
| Raymond James Financial Inc | 57,434 | $2.09M | 0.00% | +57,434 | New |
| Squarepoint Ops LLC | 57,223 | $2.09M | 0.01% | +6,778+13.4% | Added |
| Russell Investments Group, Ltd. | 55,196 | $2.01M | 0.00% | −51,783−48.4% | Reduced |
| Trexquant Investment LP | 51,442 | $1.88M | 0.02% | −2,658−4.9% | Reduced |
| LPL Financial LLC | 47,903 | $1.75M | 0.00% | +527+1.1% | Added |
| Franklin Resources Inc | 40,218 | $1.47M | 0.00% | +6,880+20.6% | Added |
| Swiss National Bank | 40,200 | $1.47M | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 37,514 | $1.37M | 0.00% | +9,922+36.0% | Added |
| Twelve Points Wealth Management LLC | 35,814 | $1.31M | 0.38% | +1,802+5.3% | Added |
| HRT Financial LP | 35,273 | $1.29M | 0.01% | +19,284+120.6% | Added |
| Two Sigma Investments, LP | 35,150 | $1.28M | 0.00% | +35,150 | New |
| Citigroup Inc | 34,494 | $1.26M | 0.00% | +3,498+11.3% | Added |
| Formidable Asset Management, LLC | 34,400 | $1.25M | 0.21% | −1,000−2.8% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 32,602 | $1.19M | 1.10% | −30,000−47.9% | Reduced |
| Tudor Investment Corp Et Al | 32,048 | $1.17M | 0.01% | −34,660−52.0% | Reduced |
| Barclays PLC | 31,681 | $1.16M | 0.00% | +3,369+11.9% | Added |
| ExodusPoint Capital Management, LP | 31,667 | $1.16M | 0.01% | −6,591−17.2% | Reduced |
| Bank of America Corp | 31,501 | $1.15M | 0.00% | +6,847+27.8% | Added |
| Rhumbline Advisers | 28,753 | $1.05M | 0.00% | +1,201+4.4% | Added |
| Janus Henderson Group PLC | 28,307 | $1.03M | 0.00% | +76+0.3% | Added |
| Susquehanna International Group, LLP | 27,836 | $1.02M | 0.00% | +19,608+238.3% | Added |
| BNP Paribas Arbitrage, SA | 26,735 | $975.0K | 0.00% | −5,421−16.9% | Reduced |
| Canada Pension Plan Investment Board | 25,000 | $911.8K | 0.00% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 24,527 | $894.5K | 0.00% | +4,208+20.7% | Added |
| Point72 Asset Management, L.P. | 24,084 | $878.3K | 0.00% | +24,084 | New |
| James Investment Research Inc | 23,770 | $866.9K | 0.10% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 22,426 | $817.9K | 0.00% | +4,990+28.6% | Added |
| The PNC Financial Services Group, Inc. | 22,030 | $803.4K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 21,816 | $795.6K | 0.00% | +2,075+10.5% | Added |
| Federated Hermes, Inc. | 21,656 | $789.8K | 0.00% | −244,762−91.9% | Reduced |
| Jane Street Group, LLC | 20,513 | $748.1K | 0.00% | +9,952+94.2% | Added |
| Harbor Advisors LLC | 20,232 | $737.9K | 0.12% | +20,232 | New |
| California State Teachers Retirement System | 19,067 | $695.4K | 0.00% | −232−1.2% | Reduced |
| Dark Forest Capital Management LP | 18,516 | $675.3K | 0.10% | +13,926+303.4% | Added |
| Alliancebernstein L.P. | 18,030 | $657.6K | 0.00% | 00.0% | Unchanged |
| Black Maple Capital Management LP | 17,557 | $640.3K | 0.49% | +17,557 | New |
| Quantbot Technologies LP | 17,262 | $629.5K | 0.02% | +8,908+106.6% | Added |
| STRS Ohio | 17,200 | $627.3K | 0.00% | +2,900+20.3% | Added |
| Stifel Financial Corp | 16,075 | $586.3K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 15,573 | $567.9K | 0.00% | −41,748−72.8% | Reduced |
| Man Group plc | 15,416 | $562.2K | 0.00% | −4,744−23.5% | Reduced |
| BCGM Wealth Management, LLC | 15,398 | $561.6K | 0.18% | +31+0.2% | Added |
| Semanteon Capital Management, LP | 14,341 | $523.0K | 0.28% | +14,341 | New |
| Gsa Capital Partners LLP | 13,988 | $510.0K | 0.04% | −23,894−63.1% | Reduced |
| Wells Fargo & Company | 13,610 | $496.4K | 0.00% | +1,303+10.6% | Added |
| Public Employees Retirement System of Ohio | 12,817 | $467.4K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 12,762 | $465.4K | 0.00% | −365−2.8% | Reduced |
| Advisor Group Holdings, Inc. | 11,808 | $430.6K | 0.00% | +10,438+761.9% | Added |
| Victory Capital Management Inc | 11,459 | $417.9K | 0.00% | −1,275−10.0% | Reduced |
| Commonwealth Equity Services, LLC | 11,302 | $412.0K | 0.00% | −500−4.2% | Reduced |
| Nebula Research & Development LLC | 11,022 | $402.0K | 0.05% | −11,742−51.6% | Reduced |
| MetLife Investment Management | 10,826 | $394.8K | 0.00% | +921+9.3% | Added |
| Mackenzie Financial Corp | 10,822 | $394.7K | 0.00% | +10,822 | New |
| XTX Topco Ltd | 10,734 | $391.5K | 0.03% | +10,734 | New |
| Intech Investment Management LLC | 10,440 | $380.7K | 0.00% | +10,440 | New |