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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, 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.

Institutional holdersQ4 2024: 170 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 heldQ4 2024: $1.53B
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, Q4 2024

Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q3 2024.

Institutions holding MBIN in Q4 2024
InstitutionSharesValue% of portfolioChange in sharesAction
Point72 Asset Management, L.P.24,084$878.3K0.00%+24,084New
UBS Asset Management Americas Inc24,527$894.5K0.00%+4,208+20.7%Added
Canada Pension Plan Investment Board25,000$911.8K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA26,735$975.0K0.00%−5,421−16.9%Reduced
Susquehanna International Group, LLP27,836$1.02M0.00%+19,608+238.3%Added
Janus Henderson Group PLC28,307$1.03M0.00%+76+0.3%Added
Rhumbline Advisers28,753$1.05M0.00%+1,201+4.4%Added
Bank of America Corp31,501$1.15M0.00%+6,847+27.8%Added
ExodusPoint Capital Management, LP31,667$1.16M0.01%−6,591−17.2%Reduced
Barclays PLC31,681$1.16M0.00%+3,369+11.9%Added
Tudor Investment Corp Et Al32,048$1.17M0.01%−34,660−52.0%Reduced
John W. Rosenthal Capital Management, Inc.32,602$1.19M1.10%−30,000−47.9%Reduced
Formidable Asset Management, LLC34,400$1.25M0.21%−1,000−2.8%Reduced
Citigroup Inc34,494$1.26M0.00%+3,498+11.3%Added
Two Sigma Investments, LP35,150$1.28M0.00%+35,150New
HRT Financial LP35,273$1.29M0.01%+19,284+120.6%Added
Twelve Points Wealth Management LLC35,814$1.31M0.38%+1,802+5.3%Added
UBS Group AG37,514$1.37M0.00%+9,922+36.0%Added
Swiss National Bank40,200$1.47M0.00%00.0%Unchanged
Franklin Resources Inc40,218$1.47M0.00%+6,880+20.6%Added
LPL Financial LLC47,903$1.75M0.00%+527+1.1%Added
Trexquant Investment LP51,442$1.88M0.02%−2,658−4.9%Reduced
Russell Investments Group, Ltd.55,196$2.01M0.00%−51,783−48.4%Reduced
Squarepoint Ops LLC57,223$2.09M0.01%+6,778+13.4%Added
Raymond James Financial Inc57,434$2.09M0.00%+57,434New
D. E. Shaw & Co., Inc.57,754$2.11M0.00%+20,797+56.3%Added
New York State Common Retirement Fund60,534$2.21M0.00%+11,000+22.2%Added
Knights of Columbus Asset Advisors LLC62,878$2.29M0.15%+111+0.2%Added
Hussman Strategic Advisors, Inc.63,000$2.30M0.68%00.0%Unchanged
Brandywine Global Investment Management, LLC63,147$2.30M0.02%−3,005−4.5%Reduced
Sapient Capital LLC74,103$2.71M0.05%−3,110−4.0%Reduced
Qube Research & Technologies Ltd78,800$2.87M0.00%−60,402−43.4%Reduced
Ameriprise Financial Inc82,200$3.00M0.00%+35,492+76.0%Added
AQR Capital Management LLC84,390$3.08M0.00%+14,789+21.2%Added
Renaissance Technologies LLC87,200$3.18M0.00%+62,600+254.5%Added
Allspring Global Investments Holdings, LLC89,841$3.28M0.01%+4,485+5.3%Added
Endeavour Capital Advisors Inc96,224$3.51M1.12%+96,224New
Moran Wealth Management, LLC96,640$3.52M0.11%+96,640New
Nuveen Asset Management, LLC101,367$3.70M0.00%−37,223−26.9%Reduced
Jacobs Levy Equity Management, Inc107,898$3.94M0.01%+1,414+1.3%Added
Assenagon Asset Management S.A.112,712$4.11M0.01%+38,453+51.8%Added
Millennium Management LLC126,087$4.60M0.00%+85,948+214.1%Added
First Trust Advisors LP136,329$4.97M0.00%+13,056+10.6%Added
Bank of New York Mellon Corp143,802$5.24M0.00%+13,078+10.0%Added
Northern Trust Corp179,189$6.54M0.00%−618−0.3%Reduced
Denali Advisors LLC182,606$6.66M0.70%+27,817+18.0%Added
Citadel Advisors LLC185,226$6.76M0.01%−32,445−14.9%Reduced
PL Capital Advisors, LLC188,294$6.87M2.34%00.0%Unchanged
Charles Schwab Investment Management Inc207,282$7.56M0.00%−26,200−11.2%Reduced
SEI Investments Co209,792$7.65M0.01%−129−0.1%Reduced
Royal Bank of Canada218,069$7.95M0.00%+4,066+1.9%Added
Valeo Financial Advisors, LLC225,419$8.22M0.23%+6,882+3.1%Added
Hotchkis & Wiley Capital Management LLC241,380$8.80M0.03%+26,900+12.5%Added
Marshall Wace, LLP246,879$9.00M0.01%+16,425+7.1%Added
Macquarie Group Ltd260,822$9.51M0.01%+260,822New
JPMorgan Chase & Co280,942$10.2M0.00%+56,514+25.2%Added
Morgan Stanley291,514$10.6M0.00%−155,098−34.7%Reduced
Boston Partners337,235$12.5M0.02%+9,386+2.9%Added
Banc Funds Co LLC400,615$14.6M1.61%+11,000+2.8%Added
State Street Corp467,625$17.1M0.00%+19,100+4.3%Added
Invesco Ltd.471,430$17.2M0.00%−93,605−16.6%Reduced
American Century Companies Inc474,904$17.3M0.01%+48,881+11.5%Added
Goldman Sachs Group Inc479,352$17.5M0.00%+22,133+4.8%Added
Geode Capital Management, LLC565,661$20.6M0.00%−859−0.2%Reduced
Royce & Associates LP566,245$20.7M0.19%+76,056+15.5%Added
Basswood Capital Management, L.L.C.581,753$21.2M1.24%−20,201−3.4%Reduced
Vanguard Group Inc1,207,854$44.1M0.00%−35,224−2.8%Reduced
Dimensional Fund Advisors LP1,267,109$46.2M0.01%+132,841+11.7%Added
BlackRock, Inc.1,525,360$55.6M0.00%−18,893−1.2%Reduced
Elser Financial Planning, Inc27,260,950$994.2M59.49%+27,260,950New
Siena Capital Partners GP, LLC0$00.00%−18,290−100.0%Sold out
Maltese Capital Management LLC0$00.00%−91,000−100.0%Sold out
Bridgeway Capital Management, LLC0$00.00%−82,211−100.0%Sold out
Foundry Partners, LLC0$00.00%−77,329−100.0%Sold out
Elizabeth Park Capital Advisors, Ltd.0$00.00%−52,763−100.0%Sold out
EJF Capital LLC0$00.00%−48,513−100.0%Sold out
Lazard Asset Management LLC0$00.00%−23,377−100.0%Sold out
Teacher Retirement System of Texas0$00.00%−17,969−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−16,649−100.0%Sold out
Jump Financial, LLC0$00.00%−12,940−100.0%Sold out
State of Wisconsin Investment Board0$00.00%−11,929−100.0%Sold out
Oxford Financial Group Ltd0$00.00%−11,137−100.0%Sold out
Connor, Clark & Lunn Investment Management Ltd.0$00.00%−9,985−100.0%Sold out
Corton Capital Inc.0$00.00%−7,877−100.0%Sold out
Caxton Associates LP0$00.00%−7,743−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−7,042−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−6,827−100.0%Sold out
Voya Investment Management LLC0$00.00%−5,746−100.0%Sold out
Arcus Capital Partners, LLC0$00.00%−5,589−100.0%Sold out
Los Angeles Capital Management LLC0$00.00%−5,512−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−5,109−100.0%Sold out
Fairfield, Bush & Co.0$00.00%−4,627−100.0%Sold out
State Board of Administration of Florida Retirement System0$00.00%−4,540−100.0%Sold out
Hohimer Wealth Management, LLC0$00.00%−4,484−100.0%Sold out
Spectrum Wealth Counsel, LLC0$00.00%−103−100.0%Sold out
Colonial Trust Co0$00.00%−83−100.0%Sold out
Capital Performance Advisors LLP0$00.00%−78−100.0%Sold out
Aster Capital Management (DIFC) Ltd0$00.00%−40−100.0%Sold out
Allworth Financial LP0$00.00%−5−100.0%Sold out
National Bank of Canada0$00.00%−1−100.0%Sold out