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 |
|---|---|---|---|---|---|
| Cetera Investment Advisers | 8,128 | $300.7K | 0.00% | −1,672−17.1% | Reduced |
| Manufacturers Life Insurance Company, The | 8,082 | $299.0K | 0.00% | −4,680−36.7% | Reduced |
| Susquehanna Fundamental Investments, LLC | 7,600 | $281.2K | 0.00% | +7,600 | New |
| Meeder Advisory Services, Inc. | 7,500 | $277.5K | 0.02% | 00.0% | Unchanged |
| Capula Management Ltd | 7,480 | $276.8K | 0.00% | +7,480 | New |
| Peloton Wealth Strategists | 6,735 | $249.0K | 0.10% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 6,641 | $246.0K | 0.01% | +1,402+26.8% | Added |
| XTX Topco Ltd | 6,271 | $232.0K | 0.01% | −4,463−41.6% | Reduced |
| SG Americas Securities, LLC | 5,963 | $221.0K | 0.00% | −1,728−22.5% | Reduced |
| Eqis Capital Management, Inc. | 5,939 | $219.8K | 0.02% | −658−10.0% | Reduced |
| Brevan Howard Capital Management LP | 5,906 | $218.5K | 0.01% | +5,906 | New |
| Arizona State Retirement System | 5,895 | $218.1K | 0.00% | −72−1.2% | Reduced |
| Advisory Services Network, LLC | 5,753 | $212.9K | 0.00% | −860−13.0% | Reduced |
| Quantbot Technologies LP | 4,928 | $182.3K | 0.01% | −12,334−71.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $175.9K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 3,863 | $142.9K | 0.00% | 00.0% | Unchanged |
| Matrix Trust Co | 3,830 | $142.0K | 0.02% | +1,188+45.0% | Added |
| KLP Kapitalforvaltning AS | 3,550 | $131.7K | 0.00% | −6,700−65.4% | Reduced |
| US Bancorp | 3,009 | $111.3K | 0.00% | −2,872−48.8% | Reduced |
| Quest Partners LLC | 2,967 | $109.8K | 0.01% | −130−4.2% | Reduced |
| Aquatic Capital Management LLC | 2,789 | $103.2K | 0.00% | −4,391−61.2% | Reduced |
| Bank of Jackson Hole Trust | 2,257 | $91.9K | 0.06% | 00.0% | Unchanged |
| Catalyst Capital Advisors LLC | 2,450 | $90.7K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,191 | $81.0K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 2,152 | $79.6K | 0.00% | −24,583−92.0% | Reduced |
| Ameritas Investment Partners, Inc. | 1,832 | $67.8K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 1,358 | $50.0K | 0.00% | +853+168.9% | Added |
| Tower Research Capital LLC (TRC) | 1,048 | $38.8K | 0.00% | −2,511−70.6% | Reduced |
| Signaturefd, LLC | 731 | $27.0K | 0.00% | +472+182.2% | Added |
| Amalgamated Bank | 625 | $23.0K | 0.00% | +67+12.0% | Added |
| GWM Advisors LLC | 608 | $22.5K | 0.00% | +608 | New |
| MeadowBrook Investment Advisors LLC | 600 | $22.2K | 0.02% | 00.0% | Unchanged |
| Parkside Financial Bank & Trust | 583 | $21.6K | 0.00% | −461−44.2% | Reduced |
| Picton Mahoney Asset Management | 571 | $21.0K | 0.00% | +313+121.3% | Added |
| Comerica Bank | 523 | $19.3K | 0.00% | −2−0.4% | Reduced |
| Quadrant Capital Group LLC | 369 | $13.7K | 0.00% | −1−0.3% | Reduced |
| Capital Advisors, Ltd. LLC | 318 | $12.0K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 312 | $11.5K | 0.00% | −269−46.3% | Reduced |
| First Horizon Advisors, Inc. | 265 | $9.80K | 0.00% | +265 | New |
| McIlrath & Eck, LLC | 230 | $8.51K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 194 | $7.18K | 0.00% | +36+22.8% | Added |
| Skopos Labs, Inc. | 144 | $5.33K | 0.00% | +144 | New |
| Steward Partners Investment Advisory, LLC | 115 | $4.25K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 102 | $3.77K | 0.00% | +39+61.9% | Added |
| Covestor Ltd | 81 | $3.00K | 0.00% | +7+9.5% | Added |
| Parallel Advisors, LLC | 75 | $2.77K | 0.00% | +9+13.6% | Added |
| Lindbrook Capital, LLC | 73 | $2.70K | 0.00% | +17+30.4% | Added |
| Coldstream Capital Management Inc | 63 | $2.33K | 0.00% | +63 | New |
| Rothschild Investment LLC | 50 | $1.85K | 0.00% | +40+400.0% | Added |
| EverSource Wealth Advisors, LLC | 50 | $1.85K | 0.00% | +49+4,900.0% | Added |
| Quarry LP | 36 | $1.33K | 0.00% | +36 | New |
| Rise Advisors, LLC | 24 | $888 | 0.00% | +24 | New |
| Nisa Investment Advisors, LLC | 19 | $705 | 0.00% | 00.0% | Unchanged |
| Caitong International Asset Management Co., Ltd | 12 | $444 | 0.00% | +12 | New |
| Stephens Consulting, LLC | 10 | $370 | 0.00% | +10 | New |
| Allworth Financial LP | 9 | $297 | 0.00% | +9 | New |
| Bruce G. Allen Investments, LLC | 6 | $222 | 0.00% | −5−45.5% | Reduced |
| SBI Securities Co., Ltd. | 1 | $37 | 0.00% | −23−95.8% | Reduced |
| Atwood & Palmer Inc | 1 | $37 | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 1 | $37 | 0.00% | 00.0% | Unchanged |
| 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 |