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, Q1 2025
Institutional positions in Merchants Bancorp as of Mar 31, 2025. 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
- 160
- −9 vs. Q4 2024
- Shares held
- 14.9M
- −26.9M (−64.3%) vs. Q4 2024
- Total value
- $551.1M
- −$972.7M (−63.8%) vs. Q4 2024
- New holders
- 20
- 60 more added
- Sold out
- 29
- 55 more reduced
1 institution that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Wakefield Asset Management LLLP | 26,886 | $994.9K | 0.30% | +26,886 | New |
| Rhumbline Advisers | 27,288 | $1.01M | 0.00% | −1,465−5.1% | Reduced |
| Renaissance Technologies LLC | 29,900 | $1.11M | 0.00% | −57,300−65.7% | Reduced |
| Dark Forest Capital Management LP | 30,742 | $1.14M | 0.05% | +12,226+66.0% | Added |
| John W. Rosenthal Capital Management, Inc. | 32,602 | $1.21M | 1.22% | 00.0% | Unchanged |
| FMR LLC | 32,678 | $1.21M | 0.00% | +31,384+2,425.3% | Added |
| Jane Street Group, LLC | 32,874 | $1.22M | 0.00% | +12,361+60.3% | Added |
| UBS Asset Management Americas Inc | 33,855 | $1.25M | 0.00% | +9,328+38.0% | Added |
| Formidable Asset Management, LLC | 34,400 | $1.27M | 0.21% | 00.0% | Unchanged |
| Citadel Advisors LLC | 37,352 | $1.38M | 0.00% | −147,874−79.8% | Reduced |
| Qube Research & Technologies Ltd | 37,482 | $1.39M | 0.00% | −41,318−52.4% | Reduced |
| Jackson Creek Investment Advisors LLC | 37,507 | $1.39M | 0.44% | +37,507 | New |
| Twelve Points Wealth Management LLC | 37,783 | $1.40M | 0.38% | +1,969+5.5% | Added |
| Boston Partners | 42,921 | $1.45M | 0.00% | −294,314−87.3% | Reduced |
| Swiss National Bank | 40,200 | $1.49M | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 41,111 | $1.52M | 0.00% | +893+2.2% | Added |
| Deutsche Bank AG | 41,595 | $1.54M | 0.00% | +26,022+167.1% | Added |
| Knights of Columbus Asset Advisors LLC | 45,480 | $1.68M | 0.12% | −17,398−27.7% | Reduced |
| LPL Financial LLC | 48,429 | $1.79M | 0.00% | +526+1.1% | Added |
| Susquehanna International Group, LLP | 50,060 | $1.85M | 0.00% | +22,224+79.8% | Added |
| UBS Group AG | 55,082 | $2.04M | 0.00% | +17,568+46.8% | Added |
| New York State Common Retirement Fund | 55,334 | $2.05M | 0.00% | −5,200−8.6% | Reduced |
| Raymond James Financial Inc | 56,514 | $2.09M | 0.00% | −920−1.6% | Reduced |
| Sapient Capital LLC | 57,930 | $2.15M | 0.04% | −16,173−21.8% | Reduced |
| Brandywine Global Investment Management, LLC | 60,637 | $2.24M | 0.02% | −2,510−4.0% | Reduced |
| AQR Capital Management LLC | 73,972 | $2.74M | 0.00% | −10,418−12.3% | Reduced |
| First Trust Advisors LP | 78,568 | $2.91M | 0.00% | −57,761−42.4% | Reduced |
| Black Maple Capital Management LP | 79,481 | $2.94M | 2.31% | +61,924+352.7% | Added |
| Russell Investments Group, Ltd. | 86,629 | $3.21M | 0.00% | +31,433+56.9% | Added |
| Ameriprise Financial Inc | 90,100 | $3.33M | 0.00% | +7,900+9.6% | Added |
| Jacobs Levy Equity Management, Inc | 100,561 | $3.72M | 0.01% | −7,337−6.8% | Reduced |
| D. E. Shaw & Co., Inc. | 101,339 | $3.75M | 0.00% | +43,585+75.5% | Added |
| Nuveen, LLC | 142,571 | $5.28M | 0.00% | +142,571 | New |
| Bank of New York Mellon Corp | 144,701 | $5.35M | 0.00% | +899+0.6% | Added |
| Bank of America Corp | 164,394 | $6.08M | 0.00% | +132,893+421.9% | Added |
| Denali Advisors LLC | 170,154 | $6.30M | 0.72% | −12,452−6.8% | Reduced |
| Northern Trust Corp | 173,032 | $6.40M | 0.00% | −6,157−3.4% | Reduced |
| PL Capital Advisors, LLC | 188,294 | $6.97M | 2.34% | 00.0% | Unchanged |
| Charles Schwab Investment Management Inc | 202,352 | $7.49M | 0.00% | −4,930−2.4% | Reduced |
| SEI Investments Co | 211,716 | $7.83M | 0.01% | +1,924+0.9% | Added |
| Royal Bank of Canada | 220,170 | $8.15M | 0.00% | +2,101+1.0% | Added |
| Valeo Financial Advisors, LLC | 225,427 | $8.34M | 0.23% | +80.0% | Added |
| Goldman Sachs Group Inc | 242,559 | $8.97M | 0.00% | −236,793−49.4% | Reduced |
| JPMorgan Chase & Co | 268,063 | $9.92M | 0.00% | −12,879−4.6% | Reduced |
| Morgan Stanley | 279,093 | $10.3M | 0.00% | −12,421−4.3% | Reduced |
| Janus Henderson Group PLC | 286,170 | $10.6M | 0.01% | +257,863+911.0% | Added |
| Marshall Wace, LLP | 297,799 | $11.0M | 0.01% | +50,920+20.6% | Added |
| Hotchkis & Wiley Capital Management LLC | 300,550 | $11.1M | 0.04% | +59,170+24.5% | Added |
| FJ Capital Management LLC | 316,190 | $11.7M | 1.21% | +316,190 | New |
| Banc Funds Co LLC | 385,915 | $14.3M | 1.88% | −14,700−3.7% | Reduced |
| State Street Corp | 461,286 | $17.1M | 0.00% | −6,339−1.4% | Reduced |
| Invesco Ltd. | 480,622 | $17.8M | 0.00% | +9,192+1.9% | Added |
| American Century Companies Inc | 512,942 | $19.0M | 0.01% | +38,038+8.0% | Added |
| Basswood Capital Management, L.L.C. | 577,201 | $21.4M | 1.20% | −4,552−0.8% | Reduced |
| Geode Capital Management, LLC | 580,347 | $21.5M | 0.00% | +14,686+2.6% | Added |
| Royce & Associates LP | 686,507 | $25.4M | 0.28% | +120,262+21.2% | Added |
| Macquarie Group Ltd | 888,362 | $32.9M | 0.04% | +627,540+240.6% | Added |
| Vanguard Group Inc | 1,233,965 | $45.7M | 0.00% | +26,111+2.2% | Added |
| Dimensional Fund Advisors LP | 1,391,748 | $51.5M | 0.01% | +124,639+9.8% | Added |
| BlackRock, Inc. | 1,527,924 | $56.5M | 0.00% | +2,564+0.2% | Added |
| Elser Financial Planning, Inc | 0 | $0 | 0.00% | −27,260,950−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −112,712−100.0% | Sold out |
| Moran Wealth Management, LLC | 0 | $0 | 0.00% | −96,640−100.0% | Sold out |
| Endeavour Capital Advisors Inc | 0 | $0 | 0.00% | −96,224−100.0% | Sold out |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −89,841−100.0% | Sold out |
| Hussman Strategic Advisors, Inc. | 0 | $0 | 0.00% | −63,000−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −57,223−100.0% | Sold out |
| Two Sigma Investments, LP | 0 | $0 | 0.00% | −35,150−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −31,667−100.0% | Sold out |
| Canada Pension Plan Investment Board | 0 | $0 | 0.00% | −25,000−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −24,084−100.0% | Sold out |
| Envestnet Asset Management Inc | 0 | $0 | 0.00% | −22,426−100.0% | Sold out |
| Harbor Advisors LLC | 0 | $0 | 0.00% | −20,232−100.0% | Sold out |
| Man Group plc | 0 | $0 | 0.00% | −15,416−100.0% | Sold out |
| Gsa Capital Partners LLP | 0 | $0 | 0.00% | −13,988−100.0% | Sold out |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −10,400−100.0% | Sold out |
| Exchange Traded Concepts, LLC | 0 | $0 | 0.00% | −8,033−100.0% | Sold out |
| Campbell & CO Investment Adviser LLC | 0 | $0 | 0.00% | −6,495−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −5,718−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −2,170−100.0% | Sold out |
| Point72 (DIFC) Ltd | 0 | $0 | 0.00% | −1,039−100.0% | Sold out |
| Kestra Investment Management, LLC | 0 | $0 | 0.00% | −694−100.0% | Sold out |
| Clear Street Markets LLC | 0 | $0 | 0.00% | −307−100.0% | Sold out |
| SRS Capital Advisors, Inc. | 0 | $0 | 0.00% | −143−100.0% | Sold out |
| CIBC Private Wealth Group, LLC | 0 | $0 | 0.00% | −94−100.0% | Sold out |
| R Squared Ltd | 0 | $0 | 0.00% | −60−100.0% | Sold out |
| Assetmark, Inc | 0 | $0 | 0.00% | −40−100.0% | Sold out |
| Cullen/Frost Bankers, Inc. | 0 | $0 | 0.00% | −33−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Nuveen Asset Management, LLC | – | – | – | – | Not filed |