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 |
|---|---|---|---|---|---|
| Rhumbline Advisers | 38,622 | $1.28M | 0.00% | +11,334+41.5% | Added |
| Twelve Points Wealth Management LLC | 39,126 | $1.29M | 0.35% | +1,343+3.6% | Added |
| Swiss National Bank | 39,400 | $1.30M | 0.00% | −800−2.0% | Reduced |
| LPL Financial LLC | 40,051 | $1.32M | 0.00% | −8,378−17.3% | Reduced |
| Franklin Resources Inc | 45,335 | $1.50M | 0.00% | +4,224+10.3% | Added |
| Barclays PLC | 47,643 | $1.58M | 0.00% | +25,137+111.7% | Added |
| Trexquant Investment LP | 53,537 | $1.77M | 0.02% | +37,337+230.5% | Added |
| Sapient Capital LLC | 53,491 | $1.77M | 0.03% | −4,439−7.7% | Reduced |
| UBS Group AG | 56,168 | $1.86M | 0.00% | +1,086+2.0% | Added |
| Susquehanna International Group, LLP | 57,878 | $1.91M | 0.00% | +7,818+15.6% | Added |
| Brandywine Global Investment Management, LLC | 58,237 | $1.93M | 0.01% | −2,400−4.0% | Reduced |
| AQR Capital Management LLC | 63,534 | $2.10M | 0.00% | −10,438−14.1% | Reduced |
| Citadel Advisors LLC | 64,291 | $2.13M | 0.00% | +26,939+72.1% | Added |
| Deutsche Bank AG | 65,722 | $2.17M | 0.00% | +24,127+58.0% | Added |
| New York State Common Retirement Fund | 66,434 | $2.20M | 0.00% | +11,100+20.1% | Added |
| Russell Investments Group, Ltd. | 72,128 | $2.39M | 0.00% | −14,501−16.7% | Reduced |
| Ballast Asset Management, LP | 76,469 | $2.53M | 1.31% | +76,469 | New |
| Goldman Sachs Group Inc | 81,230 | $2.69M | 0.00% | −161,329−66.5% | Reduced |
| UBS Asset Management Americas Inc | 81,295 | $2.69M | 0.00% | +47,440+140.1% | Added |
| Raymond James Financial Inc | 83,911 | $2.77M | 0.00% | +27,397+48.5% | Added |
| Black Maple Capital Management LP | 101,100 | $3.34M | 2.31% | +21,619+27.2% | Added |
| D. E. Shaw & Co., Inc. | 101,535 | $3.36M | 0.00% | +196+0.2% | Added |
| Ameriprise Financial Inc | 133,325 | $4.41M | 0.00% | +43,225+48.0% | Added |
| Bank of America Corp | 140,078 | $4.63M | 0.00% | −24,316−14.8% | Reduced |
| Nuveen, LLC | 141,857 | $4.69M | 0.00% | −714−0.5% | Reduced |
| Millennium Management LLC | 154,924 | $5.12M | 0.00% | +134,642+663.8% | Added |
| Jacobs Levy Equity Management, Inc | 161,981 | $5.36M | 0.02% | +61,420+61.1% | Added |
| Bank of New York Mellon Corp | 168,781 | $5.58M | 0.00% | +24,080+16.6% | Added |
| PL Capital Advisors, LLC | 188,294 | $6.23M | 2.08% | 00.0% | Unchanged |
| Denali Advisors LLC | 200,510 | $6.63M | 0.69% | +30,356+17.8% | Added |
| Royal Bank of Canada | 225,859 | $7.47M | 0.00% | +5,689+2.6% | Added |
| Northern Trust Corp | 226,104 | $7.48M | 0.00% | +53,072+30.7% | Added |
| Charles Schwab Investment Management Inc | 226,232 | $7.48M | 0.00% | +23,880+11.8% | Added |
| FJ Capital Management LLC | 238,580 | $7.89M | 0.84% | −77,610−24.5% | Reduced |
| Valeo Financial Advisors, LLC | 239,482 | $7.92M | 0.19% | +14,055+6.2% | Added |
| JPMorgan Chase & Co | 252,589 | $8.35M | 0.00% | −15,474−5.8% | Reduced |
| Morgan Stanley | 254,214 | $8.41M | 0.00% | −24,879−8.9% | Reduced |
| Basswood Capital Management, L.L.C. | 273,747 | $9.05M | 0.45% | −303,454−52.6% | Reduced |
| Marshall Wace, LLP | 281,070 | $9.29M | 0.01% | −16,729−5.6% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 362,520 | $12.0M | 0.04% | +61,970+20.6% | Added |
| Banc Funds Co LLC | 385,790 | $12.8M | 1.93% | −1250.0% | Reduced |
| Invesco Ltd. | 434,320 | $14.4M | 0.00% | −46,302−9.6% | Reduced |
| State Street Corp | 530,150 | $17.6M | 0.00% | +68,864+14.9% | Added |
| American Century Companies Inc | 567,980 | $18.8M | 0.01% | +55,038+10.7% | Added |
| Geode Capital Management, LLC | 681,486 | $22.5M | 0.00% | +101,139+17.4% | Added |
| Royce & Associates LP | 782,412 | $25.9M | 0.27% | +95,905+14.0% | Added |
| Macquarie Group Ltd | 884,862 | $29.3M | 0.04% | −3,500−0.4% | Reduced |
| Vanguard Group Inc | 1,355,960 | $44.8M | 0.00% | +121,995+9.9% | Added |
| Dimensional Fund Advisors LP | 1,540,306 | $50.9M | 0.01% | +148,558+10.7% | Added |
| BlackRock, Inc. | 1,853,757 | $61.3M | 0.00% | +325,833+21.3% | Added |
| Knights of Columbus Asset Advisors LLC | 0 | $0 | 0.00% | −45,480−100.0% | Sold out |
| Jackson Creek Investment Advisors LLC | 0 | $0 | 0.00% | −37,507−100.0% | Sold out |
| Wakefield Asset Management LLLP | 0 | $0 | 0.00% | −26,886−100.0% | Sold out |
| Advisor Resource Council | 0 | $0 | 0.00% | −23,876−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −16,333−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −15,239−100.0% | Sold out |
| NewEdge Wealth, LLC | 0 | $0 | 0.00% | −12,384−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −12,246−100.0% | Sold out |
| Nebula Research & Development LLC | 0 | $0 | 0.00% | −12,002−100.0% | Sold out |
| HRT Financial LP | 0 | $0 | 0.00% | −11,532−100.0% | Sold out |
| Creative Planning | 0 | $0 | 0.00% | −11,447−100.0% | Sold out |
| Corebridge Financial, Inc. | 0 | $0 | 0.00% | −8,862−100.0% | Sold out |
| Westwood Holdings Group Inc. | 0 | $0 | 0.00% | −8,614−100.0% | Sold out |
| Virtus ETF Advisers LLC | 0 | $0 | 0.00% | −8,350−100.0% | Sold out |
| Susquehanna Fundamental Investments, LLC | 0 | $0 | 0.00% | −7,600−100.0% | Sold out |
| Capula Management Ltd | 0 | $0 | 0.00% | −7,480−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −5,963−100.0% | Sold out |
| Eqis Capital Management, Inc. | 0 | $0 | 0.00% | −5,939−100.0% | Sold out |
| Arizona State Retirement System | 0 | $0 | 0.00% | −5,895−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −2,789−100.0% | Sold out |
| MeadowBrook Investment Advisors LLC | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Picton Mahoney Asset Management | 0 | $0 | 0.00% | −571−100.0% | Sold out |
| Quadrant Capital Group LLC | 0 | $0 | 0.00% | −369−100.0% | Sold out |
| First Horizon Advisors, Inc. | 0 | $0 | 0.00% | −265−100.0% | Sold out |
| Coldstream Capital Management Inc | 0 | $0 | 0.00% | −63−100.0% | Sold out |
| Quarry LP | 0 | $0 | 0.00% | −36−100.0% | Sold out |
| Rise Advisors, LLC | 0 | $0 | 0.00% | −24−100.0% | Sold out |
| Stephens Consulting, LLC | 0 | $0 | 0.00% | −10−100.0% | Sold out |
| Bruce G. Allen Investments, LLC | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Atwood & Palmer Inc | 0 | $0 | 0.00% | −1−100.0% | Sold out |
| Lindbrook Capital, LLC | – | – | – | – | Not filed |