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 |
|---|---|---|---|---|---|
| Farther Finance Advisors, LLC | 1 | $36 | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 1 | $36 | 0.00% | +1 | New |
| Atwood & Palmer Inc | 1 | $37 | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 4 | $146 | 0.00% | +4 | New |
| Rothschild Investment LLC | 10 | $365 | 0.00% | −15−60.0% | Reduced |
| Bruce G. Allen Investments, LLC | 11 | $401 | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 19 | $695 | 0.00% | 00.0% | Unchanged |
| SBI Securities Co., Ltd. | 24 | $875 | 0.00% | +24 | New |
| Cullen/Frost Bankers, Inc. | 33 | $1.20K | 0.00% | +33 | New |
| Assetmark, Inc | 40 | $1.46K | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 56 | $2.04K | 0.00% | +8+16.7% | Added |
| R Squared Ltd | 60 | $2.19K | 0.00% | +60 | New |
| True Wealth Design, LLC | 63 | $2.30K | 0.00% | −2−3.1% | Reduced |
| Parallel Advisors, LLC | 66 | $2.41K | 0.00% | −6−8.3% | Reduced |
| Covestor Ltd | 74 | $3.00K | 0.00% | +40+117.6% | Added |
| CIBC Private Wealth Group, LLC | 94 | $3.34K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 115 | $4.19K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 143 | $5.22K | 0.00% | −5−3.4% | Reduced |
| GAMMA Investing LLC | 158 | $5.76K | 0.00% | −3−1.9% | Reduced |
| McIlrath & Eck, LLC | 230 | $8.39K | 0.00% | −89−27.9% | Reduced |
| Picton Mahoney Asset Management | 258 | $9.00K | 0.00% | +92+55.4% | Added |
| Signaturefd, LLC | 259 | $9.45K | 0.00% | −26−9.1% | Reduced |
| Clear Street Markets LLC | 307 | $11.2K | 0.00% | +307 | New |
| Capital Advisors, Ltd. LLC | 318 | $12.0K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 370 | $13.5K | 0.00% | +98+36.0% | Added |
| CWM, LLC | 505 | $18.0K | 0.00% | −779−60.7% | Reduced |
| Comerica Bank | 525 | $19.2K | 0.00% | +59+12.7% | Added |
| Amalgamated Bank | 558 | $20.0K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 581 | $21.2K | 0.00% | +519+837.1% | Added |
| MeadowBrook Investment Advisors LLC | 600 | $21.9K | 0.02% | 00.0% | Unchanged |
| Kestra Investment Management, LLC | 694 | $25.3K | 0.00% | +694 | New |
| Point72 (DIFC) Ltd | 1,039 | $37.9K | 0.00% | +1,039 | New |
| Parkside Financial Bank & Trust | 1,044 | $38.1K | 0.01% | 00.0% | Unchanged |
| FMR LLC | 1,294 | $47.2K | 0.00% | −2,663−67.3% | Reduced |
| Ameritas Investment Partners, Inc. | 1,832 | $66.8K | 0.00% | 00.0% | Unchanged |
| Cubist Systematic Strategies, LLC | 2,170 | $79.2K | 0.00% | +2,170 | New |
| Great West Life Assurance Co | 2,191 | $80.0K | 0.00% | 00.0% | Unchanged |
| Bank of Jackson Hole Trust | 2,257 | $82.3K | 0.05% | +2,257 | New |
| Catalyst Capital Advisors LLC | 2,450 | $89.4K | 0.00% | −1,150−31.9% | Reduced |
| Matrix Trust Co | 2,642 | $96.0K | 0.02% | +2,324+730.8% | Added |
| Quest Partners LLC | 3,097 | $112.9K | 0.02% | −1,379−30.8% | Reduced |
| Tower Research Capital LLC (TRC) | 3,559 | $129.8K | 0.00% | +1,933+118.9% | Added |
| Police & Firemen's Retirement System of New Jersey | 3,863 | $140.9K | 0.00% | +3,863 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $173.4K | 0.00% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 5,239 | $191.0K | 0.01% | −101−1.9% | Reduced |
| Inceptionr LLC | 5,718 | $208.5K | 0.05% | +687+13.7% | Added |
| US Bancorp | 5,881 | $214.5K | 0.00% | 00.0% | Unchanged |
| Arizona State Retirement System | 5,967 | $217.6K | 0.00% | +39+0.7% | Added |
| Creative Planning | 6,025 | $219.7K | 0.00% | +103+1.7% | Added |
| Campbell & CO Investment Adviser LLC | 6,495 | $236.9K | 0.02% | −2,633−28.8% | Reduced |
| Eqis Capital Management, Inc. | 6,597 | $240.6K | 0.02% | +1,588+31.7% | Added |
| Advisory Services Network, LLC | 6,613 | $241.2K | 0.00% | +6,613 | New |
| Peloton Wealth Strategists | 6,735 | $246.0K | 0.10% | 00.0% | Unchanged |
| Price T Rowe Associates Inc | 6,863 | $251.0K | 0.00% | +846+14.1% | Added |
| Aquatic Capital Management LLC | 7,180 | $261.9K | 0.01% | +5,080+241.9% | Added |
| Meeder Advisory Services, Inc. | 7,500 | $273.5K | 0.02% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 7,691 | $280.0K | 0.00% | −1,808−19.0% | Reduced |
| Verition Fund Management LLC | 7,724 | $281.7K | 0.00% | +2,382+44.6% | Added |
| Alps Advisors Inc | 7,992 | $291.5K | 0.00% | 00.0% | Unchanged |
| Exchange Traded Concepts, LLC | 8,033 | $293.0K | 0.01% | +8,033 | New |
| Engineers Gate Manager LP | 8,400 | $306.3K | 0.01% | +3,113+58.9% | Added |
| Yorktown Management & Research Co Inc | 8,800 | $320.9K | 0.31% | 00.0% | Unchanged |
| Corebridge Financial, Inc. | 8,993 | $328.0K | 0.00% | −679−7.0% | Reduced |
| Westwood Holdings Group Inc. | 9,407 | $343.1K | 0.00% | −1,158−11.0% | Reduced |
| Cetera Investment Advisers | 9,800 | $357.4K | 0.00% | +381+4.0% | Added |
| Aldebaran Capital, LLC | 10,125 | $369.3K | 0.35% | 00.0% | Unchanged |
| NewEdge Wealth, LLC | 10,185 | $371.5K | 0.01% | +10,185 | New |
| KLP Kapitalforvaltning AS | 10,250 | $374.6K | 0.00% | +10,250 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 10,292 | $375.3K | 0.00% | +392+4.0% | Added |
| Two Sigma Advisers, LP | 10,400 | $379.3K | 0.00% | +10,400 | New |
| Intech Investment Management LLC | 10,440 | $380.7K | 0.00% | +10,440 | New |
| XTX Topco Ltd | 10,734 | $391.5K | 0.03% | +10,734 | New |
| Mackenzie Financial Corp | 10,822 | $394.7K | 0.00% | +10,822 | New |
| MetLife Investment Management | 10,826 | $394.8K | 0.00% | +921+9.3% | Added |
| Nebula Research & Development LLC | 11,022 | $402.0K | 0.05% | −11,742−51.6% | Reduced |
| Commonwealth Equity Services, LLC | 11,302 | $412.0K | 0.00% | −500−4.2% | Reduced |
| Victory Capital Management Inc | 11,459 | $417.9K | 0.00% | −1,275−10.0% | Reduced |
| Advisor Group Holdings, Inc. | 11,808 | $430.6K | 0.00% | +10,438+761.9% | Added |
| Manufacturers Life Insurance Company, The | 12,762 | $465.4K | 0.00% | −365−2.8% | Reduced |
| Public Employees Retirement System of Ohio | 12,817 | $467.4K | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 13,610 | $496.4K | 0.00% | +1,303+10.6% | Added |
| Gsa Capital Partners LLP | 13,988 | $510.0K | 0.04% | −23,894−63.1% | Reduced |
| Semanteon Capital Management, LP | 14,341 | $523.0K | 0.28% | +14,341 | New |
| BCGM Wealth Management, LLC | 15,398 | $561.6K | 0.18% | +31+0.2% | Added |
| Man Group plc | 15,416 | $562.2K | 0.00% | −4,744−23.5% | Reduced |
| Deutsche Bank AG | 15,573 | $567.9K | 0.00% | −41,748−72.8% | Reduced |
| Stifel Financial Corp | 16,075 | $586.3K | 0.00% | 00.0% | Unchanged |
| STRS Ohio | 17,200 | $627.3K | 0.00% | +2,900+20.3% | Added |
| Quantbot Technologies LP | 17,262 | $629.5K | 0.02% | +8,908+106.6% | Added |
| Black Maple Capital Management LP | 17,557 | $640.3K | 0.49% | +17,557 | New |
| Alliancebernstein L.P. | 18,030 | $657.6K | 0.00% | 00.0% | Unchanged |
| Dark Forest Capital Management LP | 18,516 | $675.3K | 0.10% | +13,926+303.4% | Added |
| California State Teachers Retirement System | 19,067 | $695.4K | 0.00% | −232−1.2% | Reduced |
| Harbor Advisors LLC | 20,232 | $737.9K | 0.12% | +20,232 | New |
| Jane Street Group, LLC | 20,513 | $748.1K | 0.00% | +9,952+94.2% | Added |
| Federated Hermes, Inc. | 21,656 | $789.8K | 0.00% | −244,762−91.9% | Reduced |
| Legal & General Group Plc | 21,816 | $795.6K | 0.00% | +2,075+10.5% | Added |
| The PNC Financial Services Group, Inc. | 22,030 | $803.4K | 0.00% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 22,426 | $817.9K | 0.00% | +4,990+28.6% | Added |
| James Investment Research Inc | 23,770 | $866.9K | 0.10% | 00.0% | Unchanged |