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 |
|---|---|---|---|---|---|
| Meeder Advisory Services, Inc. | 7,500 | $248.0K | 0.01% | 00.0% | Unchanged |
| Voya Investment Management LLC | 7,253 | $239.9K | 0.00% | +7,253 | New |
| Janus Henderson Group PLC | 7,076 | $233.8K | 0.00% | −279,094−97.5% | Reduced |
| Harbor Capital Advisors, Inc. | 6,914 | $229.0K | 0.01% | +273+4.1% | Added |
| Envestnet Asset Management Inc | 6,919 | $228.8K | 0.00% | +6,919 | New |
| Brevan Howard Capital Management LP | 6,890 | $227.9K | 0.00% | +984+16.7% | Added |
| Quantinno Capital Management LP | 6,837 | $226.1K | 0.00% | +6,837 | New |
| Peloton Wealth Strategists | 6,735 | $223.0K | 0.09% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 7,062 | $206.9K | 0.00% | +1,309+22.8% | Added |
| Police & Firemen's Retirement System of New Jersey | 5,867 | $194.0K | 0.00% | +2,004+51.9% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $157.2K | 0.00% | 00.0% | Unchanged |
| Matrix Trust Co | 4,226 | $140.0K | 0.02% | +396+10.3% | Added |
| KLP Kapitalforvaltning AS | 3,550 | $117.7K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 3,010 | $100.0K | 0.00% | +1,652+121.6% | Added |
| Ameritas Investment Partners, Inc. | 2,649 | $87.6K | 0.00% | +817+44.6% | Added |
| Catalyst Capital Advisors LLC | 2,450 | $81.0K | 0.00% | 00.0% | Unchanged |
| Bank of Jackson Hole Trust | 2,257 | $74.6K | 0.04% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 2,201 | $72.8K | 0.00% | +1,153+110.0% | Added |
| Great West Life Assurance Co | 2,191 | $72.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 1,546 | $51.1K | 0.00% | −1,463−48.6% | Reduced |
| Sterling Capital Management LLC | 700 | $23.1K | 0.00% | +388+124.4% | Added |
| Amalgamated Bank | 625 | $21.0K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 356 | $11.8K | 0.00% | +306+612.0% | Added |
| Capital Advisors, Ltd. LLC | 318 | $11.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 238 | $7.87K | 0.00% | +219+1,152.6% | Added |
| McIlrath & Eck, LLC | 230 | $7.61K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 145 | $4.79K | 0.00% | −49−25.3% | Reduced |
| Steward Partners Investment Advisory, LLC | 115 | $3.80K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 111 | $3.67K | 0.00% | +111 | New |
| Allworth Financial LP | 105 | $3.47K | 0.00% | +96+1,066.7% | Added |
| Northwestern Mutual Wealth Management Co | 102 | $3.37K | 0.00% | +102 | New |
| Comerica Bank | 101 | $3.33K | 0.00% | −422−80.7% | Reduced |
| Covestor Ltd | 81 | $3.00K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 89 | $2.94K | 0.00% | +89 | New |
| IFP Advisors, Inc | 84 | $2.91K | 0.00% | +84 | New |
| Signaturefd, LLC | 79 | $2.61K | 0.00% | −652−89.2% | Reduced |
| True Wealth Design, LLC | 75 | $2.48K | 0.00% | −27−26.5% | Reduced |
| Versant Capital Management, Inc | 75 | $2.48K | 0.00% | +75 | New |
| Rothschild Investment LLC | 70 | $2.31K | 0.00% | +20+40.0% | Added |
| Skopos Labs, Inc. | 68 | $2.25K | 0.00% | −76−52.8% | Reduced |
| 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 |
| Smartleaf Asset Management LLC | 52 | $1.74K | 0.00% | +52 | New |
| National Bank of Canada | 38 | $1.25K | 0.00% | +38 | New |
| Simplex Trading, LLC | 39 | $1.00K | 0.00% | +39 | New |
| Parallel Advisors, LLC | 19 | $628 | 0.00% | −56−74.7% | Reduced |
| Farther Finance Advisors, LLC | 14 | $463 | 0.00% | +13+1,300.0% | Added |
| WealthTrak Capital Management LLC | 5 | $166 | 0.00% | +5 | New |
| GWM Advisors LLC | 2 | $66 | 0.00% | −606−99.7% | Reduced |
| SBI Securities Co., Ltd. | 1 | $33 | 0.00% | 00.0% | Unchanged |
| 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 |