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, Q2 2025
Institutional positions in Merchants Bancorp as of Jun 30, 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
- 150
- −9 vs. Q1 2025
- Shares held
- 15.3M
- +368.5K (+2.5%) vs. Q1 2025
- Total value
- $505.0M
- −$46.1M (−8.4%) vs. Q1 2025
- New holders
- 21
- 73 more added
- Sold out
- 30
- 37 more reduced
1 institution that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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, Q2 2025
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| SBI Securities Co., Ltd. | 1 | $33 | 0.00% | 00.0% | Unchanged |
| GWM Advisors LLC | 2 | $66 | 0.00% | −606−99.7% | Reduced |
| WealthTrak Capital Management LLC | 5 | $166 | 0.00% | +5 | New |
| Farther Finance Advisors, LLC | 14 | $463 | 0.00% | +13+1,300.0% | Added |
| Parallel Advisors, LLC | 19 | $628 | 0.00% | −56−74.7% | Reduced |
| Simplex Trading, LLC | 39 | $1.00K | 0.00% | +39 | New |
| National Bank of Canada | 38 | $1.25K | 0.00% | +38 | New |
| Smartleaf Asset Management LLC | 52 | $1.74K | 0.00% | +52 | New |
| Parkside Financial Bank & Trust | 67 | $2.22K | 0.00% | −516−88.5% | Reduced |
| Caitong International Asset Management Co., Ltd | 67 | $2.22K | 0.00% | +55+458.3% | Added |
| Skopos Labs, Inc. | 68 | $2.25K | 0.00% | −76−52.8% | Reduced |
| Rothschild Investment LLC | 70 | $2.31K | 0.00% | +20+40.0% | Added |
| Versant Capital Management, Inc | 75 | $2.48K | 0.00% | +75 | New |
| True Wealth Design, LLC | 75 | $2.48K | 0.00% | −27−26.5% | Reduced |
| Signaturefd, LLC | 79 | $2.61K | 0.00% | −652−89.2% | Reduced |
| IFP Advisors, Inc | 84 | $2.91K | 0.00% | +84 | New |
| Essential Partners LLC | 89 | $2.94K | 0.00% | +89 | New |
| Covestor Ltd | 81 | $3.00K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 101 | $3.33K | 0.00% | −422−80.7% | Reduced |
| Northwestern Mutual Wealth Management Co | 102 | $3.37K | 0.00% | +102 | New |
| Allworth Financial LP | 105 | $3.47K | 0.00% | +96+1,066.7% | Added |
| SRS Capital Advisors, Inc. | 111 | $3.67K | 0.00% | +111 | New |
| Steward Partners Investment Advisory, LLC | 115 | $3.80K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 145 | $4.79K | 0.00% | −49−25.3% | Reduced |
| McIlrath & Eck, LLC | 230 | $7.61K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 238 | $7.87K | 0.00% | +219+1,152.6% | Added |
| Capital Advisors, Ltd. LLC | 318 | $11.0K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 356 | $11.8K | 0.00% | +306+612.0% | Added |
| Amalgamated Bank | 625 | $21.0K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 700 | $23.1K | 0.00% | +388+124.4% | Added |
| US Bancorp | 1,546 | $51.1K | 0.00% | −1,463−48.6% | Reduced |
| Great West Life Assurance Co | 2,191 | $72.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 2,201 | $72.8K | 0.00% | +1,153+110.0% | Added |
| Bank of Jackson Hole Trust | 2,257 | $74.6K | 0.04% | 00.0% | Unchanged |
| Catalyst Capital Advisors LLC | 2,450 | $81.0K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 2,649 | $87.6K | 0.00% | +817+44.6% | Added |
| CWM, LLC | 3,010 | $100.0K | 0.00% | +1,652+121.6% | Added |
| KLP Kapitalforvaltning AS | 3,550 | $117.7K | 0.00% | 00.0% | Unchanged |
| Matrix Trust Co | 4,226 | $140.0K | 0.02% | +396+10.3% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $157.2K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 5,867 | $194.0K | 0.00% | +2,004+51.9% | Added |
| Advisory Services Network, LLC | 7,062 | $206.9K | 0.00% | +1,309+22.8% | Added |
| Peloton Wealth Strategists | 6,735 | $223.0K | 0.09% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 6,837 | $226.1K | 0.00% | +6,837 | New |
| Brevan Howard Capital Management LP | 6,890 | $227.9K | 0.00% | +984+16.7% | Added |
| Envestnet Asset Management Inc | 6,919 | $228.8K | 0.00% | +6,919 | New |
| Harbor Capital Advisors, Inc. | 6,914 | $229.0K | 0.01% | +273+4.1% | Added |
| Janus Henderson Group PLC | 7,076 | $233.8K | 0.00% | −279,094−97.5% | Reduced |
| Voya Investment Management LLC | 7,253 | $239.9K | 0.00% | +7,253 | New |
| Cetera Investment Advisers | 7,500 | $248.0K | 0.00% | −628−7.7% | Reduced |
| Meeder Advisory Services, Inc. | 7,500 | $248.0K | 0.01% | 00.0% | Unchanged |
| Corton Capital Inc. | 7,949 | $262.9K | 0.31% | +7,949 | New |
| Sowell Financial Services LLC | 7,987 | $264.1K | 0.01% | −598−7.0% | Reduced |
| Yorktown Management & Research Co Inc | 8,800 | $291.0K | 0.28% | 00.0% | Unchanged |
| Alps Advisors Inc | 9,506 | $314.4K | 0.00% | +115+1.2% | Added |
| Intech Investment Management LLC | 9,597 | $317.4K | 0.00% | −4,172−30.3% | Reduced |
| Federated Hermes, Inc. | 9,602 | $317.5K | 0.00% | −2,807−22.6% | Reduced |
| Manufacturers Life Insurance Company, The | 9,891 | $327.1K | 0.00% | +1,809+22.4% | Added |
| Keebeck Wealth Management, LLC | 10,000 | $331.7K | 0.04% | +10,000 | New |
| Aldebaran Capital, LLC | 10,125 | $334.8K | 0.33% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 10,920 | $361.1K | 0.00% | +10,920 | New |
| ExodusPoint Capital Management, LP | 11,142 | $368.0K | 0.00% | +11,142 | New |
| Oxford Financial Group Ltd | 11,137 | $368.3K | 0.02% | +11,137 | New |
| Quest Partners LLC | 11,234 | $371.5K | 0.04% | +8,267+278.6% | Added |
| Citigroup Inc | 11,327 | $374.6K | 0.00% | −3,648−24.4% | Reduced |
| Commonwealth Equity Services, LLC | 11,718 | $388.0K | 0.00% | +411+3.6% | Added |
| CWM Advisors, LLC | 11,784 | $389.7K | 0.04% | +11,784 | New |
| SEI Investments Co | 11,914 | $394.0K | 0.00% | −199,802−94.4% | Reduced |
| Victory Capital Management Inc | 12,557 | $415.3K | 0.00% | +666+5.6% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 14,215 | $470.1K | 0.00% | +3,474+32.3% | Added |
| Boston Partners | 14,222 | $470.3K | 0.00% | −28,699−66.9% | Reduced |
| Advisor Group Holdings, Inc. | 14,376 | $475.3K | 0.00% | +884+6.6% | Added |
| Impact Partnership Wealth, LLC | 14,519 | $480.1K | 0.09% | +14,519 | New |
| Quantbot Technologies LP | 14,781 | $488.8K | 0.01% | +9,853+199.9% | Added |
| Algert Global LLC | 14,863 | $491.5K | 0.01% | +5,060+51.6% | Added |
| Public Employees Retirement System of Ohio | 14,994 | $495.9K | 0.00% | +3,858+34.6% | Added |
| BCGM Wealth Management, LLC | 15,477 | $511.8K | 0.14% | +41+0.3% | Added |
| MetLife Investment Management | 15,574 | $515.0K | 0.00% | +4,912+46.1% | Added |
| Mackenzie Financial Corp | 16,157 | $534.3K | 0.00% | +4,175+34.8% | Added |
| Stifel Financial Corp | 16,160 | $534.4K | 0.00% | +85+0.5% | Added |
| BNP Paribas Arbitrage, SA | 17,268 | $571.1K | 0.00% | +15,116+702.4% | Added |
| California State Teachers Retirement System | 17,745 | $586.8K | 0.00% | −1,322−6.9% | Reduced |
| Qube Research & Technologies Ltd | 17,948 | $593.5K | 0.00% | −19,534−52.1% | Reduced |
| STRS Ohio | 19,000 | $628.3K | 0.00% | +4,000+26.7% | Added |
| Wells Fargo & Company | 19,624 | $649.0K | 0.00% | +5,752+41.5% | Added |
| Price T Rowe Associates Inc | 21,341 | $706.0K | 0.00% | +4,752+28.6% | Added |
| Legal & General Group Plc | 21,677 | $716.9K | 0.00% | +795+3.8% | Added |
| The PNC Financial Services Group, Inc. | 22,967 | $759.5K | 0.00% | +811+3.7% | Added |
| Verition Fund Management LLC | 23,053 | $762.4K | 0.00% | +10,129+78.4% | Added |
| James Investment Research Inc | 23,770 | $786.1K | 0.09% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 27,530 | $910.4K | 0.00% | +9,500+52.7% | Added |
| XTX Topco Ltd | 27,678 | $915.3K | 0.04% | +21,407+341.4% | Added |
| First Trust Advisors LP | 29,286 | $968.5K | 0.00% | −49,282−62.7% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 32,602 | $1.08M | 1.09% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 33,000 | $1.09M | 0.00% | +3,100+10.4% | Added |
| FMR LLC | 33,400 | $1.10M | 0.00% | +722+2.2% | Added |
| Jump Financial, LLC | 34,642 | $1.15M | 0.01% | +34,642 | New |
| Dark Forest Capital Management LP | 35,680 | $1.18M | 0.05% | +4,938+16.1% | Added |
| Jane Street Group, LLC | 37,301 | $1.23M | 0.00% | +4,427+13.5% | Added |
| Formidable Asset Management, LLC | 34,400 | $1.27M | 0.21% | 00.0% | Unchanged |