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, Q3 2025
Institutional positions in Merchants Bancorp as of Sep 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
- 158
- +8 vs. Q2 2025
- Shares held
- 15.8M
- +493.5K (+3.2%) vs. Q2 2025
- Total value
- $501.3M
- −$3.74M (−0.7%) vs. Q2 2025
- New holders
- 19
- 70 more added
- Sold out
- 11
- 39 more reduced
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| EJF Capital LLC | 36,297 | $1.15M | 0.67% | +36,297 | New |
| Barclays PLC | 36,525 | $1.16M | 0.00% | −11,118−23.3% | Reduced |
| Two Sigma Advisers, LP | 37,200 | $1.18M | 0.00% | +37,200 | New |
| Rhumbline Advisers | 37,817 | $1.20M | 0.00% | −805−2.1% | Reduced |
| Jump Financial, LLC | 37,900 | $1.21M | 0.02% | +3,258+9.4% | Added |
| FMR LLC | 38,315 | $1.22M | 0.00% | +4,915+14.7% | Added |
| LPL Financial LLC | 39,780 | $1.27M | 0.00% | −271−0.7% | Reduced |
| Swiss National Bank | 40,000 | $1.27M | 0.00% | +600+1.5% | Added |
| UBS Group AG | 40,989 | $1.30M | 0.00% | −15,179−27.0% | Reduced |
| Verition Fund Management LLC | 42,073 | $1.34M | 0.01% | +19,020+82.5% | Added |
| BNP Paribas Arbitrage, SA | 44,274 | $1.41M | 0.00% | +27,006+156.4% | Added |
| Invesco Ltd. | 45,151 | $1.44M | 0.00% | −389,169−89.6% | Reduced |
| Nuveen, LLC | 48,371 | $1.54M | 0.00% | −93,486−65.9% | Reduced |
| Dark Forest Capital Management LP | 49,723 | $1.58M | 0.06% | +14,043+39.4% | Added |
| Trexquant Investment LP | 49,895 | $1.59M | 0.02% | −3,642−6.8% | Reduced |
| ExodusPoint Capital Management, LP | 53,323 | $1.70M | 0.02% | +42,181+378.6% | Added |
| Sapient Capital LLC | 53,491 | $1.72M | 0.03% | 00.0% | Unchanged |
| Brandywine Global Investment Management, LLC | 56,126 | $1.78M | 0.01% | −2,111−3.6% | Reduced |
| Renaissance Technologies LLC | 58,400 | $1.86M | 0.00% | +25,400+77.0% | Added |
| Walleye Capital LLC | 60,835 | $1.93M | 0.02% | +60,835 | New |
| Jane Street Group, LLC | 61,351 | $1.95M | 0.00% | +24,050+64.5% | Added |
| Bank of America Corp | 72,970 | $2.32M | 0.00% | −67,108−47.9% | Reduced |
| New York State Common Retirement Fund | 75,634 | $2.41M | 0.00% | +9,200+13.8% | Added |
| Goldman Sachs Group Inc | 82,149 | $2.61M | 0.00% | +919+1.1% | Added |
| Citadel Advisors LLC | 83,776 | $2.66M | 0.00% | +19,485+30.3% | Added |
| Raymond James Financial Inc | 91,111 | $2.90M | 0.00% | +7,200+8.6% | Added |
| Ameriprise Financial Inc | 93,156 | $2.96M | 0.00% | −40,169−30.1% | Reduced |
| Doma Perpetual Capital Management LLC | 93,833 | $2.98M | 1.00% | +93,833 | New |
| Deutsche Bank AG | 95,412 | $3.03M | 0.00% | +29,690+45.2% | Added |
| Russell Investments Group, Ltd. | 106,508 | $3.39M | 0.00% | +34,380+47.7% | Added |
| Marshall Wace, LLP | 127,002 | $4.04M | 0.00% | −154,068−54.8% | Reduced |
| Black Maple Capital Management LP | 129,097 | $4.11M | 2.97% | +27,997+27.7% | Added |
| Jacobs Levy Equity Management, Inc | 134,928 | $4.29M | 0.02% | −27,053−16.7% | Reduced |
| Ballast Asset Management, LP | 137,887 | $4.38M | 2.00% | +61,418+80.3% | Added |
| D. E. Shaw & Co., Inc. | 146,067 | $4.64M | 0.00% | +44,532+43.9% | Added |
| Bank of New York Mellon Corp | 170,641 | $5.43M | 0.00% | +1,860+1.1% | Added |
| Two Sigma Investments, LP | 175,754 | $5.59M | 0.01% | +164,834+1,509.5% | Added |
| JPMorgan Chase & Co | 179,098 | $5.70M | 0.00% | −73,491−29.1% | Reduced |
| PL Capital Advisors, LLC | 188,294 | $5.99M | 1.99% | 00.0% | Unchanged |
| Royal Bank of Canada | 221,261 | $7.04M | 0.00% | −4,598−2.0% | Reduced |
| Morgan Stanley | 234,378 | $7.45M | 0.00% | −19,836−7.8% | Reduced |
| Charles Schwab Investment Management Inc | 237,047 | $7.54M | 0.00% | +10,815+4.8% | Added |
| Denali Advisors LLC | 239,414 | $7.61M | 0.86% | +38,904+19.4% | Added |
| Valeo Financial Advisors, LLC | 244,064 | $7.76M | 0.18% | +4,582+1.9% | Added |
| Basswood Capital Management, L.L.C. | 273,747 | $8.71M | 0.40% | 00.0% | Unchanged |
| Northern Trust Corp | 274,459 | $8.73M | 0.00% | +48,355+21.4% | Added |
| FJ Capital Management LLC | 297,156 | $9.45M | 1.02% | +58,576+24.6% | Added |
| Banc Funds Co LLC | 340,690 | $10.8M | 1.89% | −45,100−11.7% | Reduced |
| Millennium Management LLC | 365,075 | $11.6M | 0.01% | +210,151+135.6% | Added |
| Hotchkis & Wiley Capital Management LLC | 389,878 | $12.4M | 0.04% | +27,358+7.5% | Added |
| State Street Corp | 548,263 | $17.5M | 0.00% | +18,113+3.4% | Added |
| American Century Companies Inc | 630,077 | $20.0M | 0.01% | +62,097+10.9% | Added |
| Geode Capital Management, LLC | 696,469 | $22.2M | 0.00% | +14,983+2.2% | Added |
| Royce & Associates LP | 862,119 | $27.4M | 0.27% | +79,707+10.2% | Added |
| Macquarie Group Ltd | 897,066 | $28.5M | 0.03% | +12,204+1.4% | Added |
| Vanguard Group Inc | 1,378,400 | $43.8M | 0.00% | +22,440+1.7% | Added |
| Dimensional Fund Advisors LP | 1,601,928 | $50.9M | 0.01% | +61,622+4.0% | Added |
| BlackRock, Inc. | 1,854,044 | $59.0M | 0.00% | +2870.0% | Added |
| John W. Rosenthal Capital Management, Inc. | 0 | $0 | 0.00% | −32,602−100.0% | Sold out |
| Alps Advisors Inc | 0 | $0 | 0.00% | −9,506−100.0% | Sold out |
| Sowell Financial Services LLC | 0 | $0 | 0.00% | −7,987−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −7,949−100.0% | Sold out |
| Voya Investment Management LLC | 0 | $0 | 0.00% | −7,253−100.0% | Sold out |
| Envestnet Asset Management Inc | 0 | $0 | 0.00% | −6,919−100.0% | Sold out |
| McIlrath & Eck, LLC | 0 | $0 | 0.00% | −230−100.0% | Sold out |
| Skopos Labs, Inc. | 0 | $0 | 0.00% | −68−100.0% | Sold out |
| Parkside Financial Bank & Trust | 0 | $0 | 0.00% | −67−100.0% | Sold out |
| Smartleaf Asset Management LLC | 0 | $0 | 0.00% | −52−100.0% | Sold out |
| WealthTrak Capital Management LLC | 0 | $0 | 0.00% | −5−100.0% | Sold out |