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 |
|---|---|---|---|---|---|
| Oxford Financial Group Ltd | 11,137 | $354.2K | 0.02% | 00.0% | Unchanged |
| Intech Investment Management LLC | 10,699 | $340.2K | 0.00% | +1,102+11.5% | Added |
| SG Americas Securities, LLC | 10,463 | $333.0K | 0.00% | +10,463 | New |
| Aldebaran Capital, LLC | 10,125 | $322.0K | 0.30% | 00.0% | Unchanged |
| Keebeck Wealth Management, LLC | 10,000 | $319.0K | 0.04% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 9,601 | $305.3K | 0.00% | −10.0% | Reduced |
| Yorktown Management & Research Co Inc | 8,800 | $279.8K | 0.22% | 00.0% | Unchanged |
| Caxton Associates LLP | 8,050 | $256.0K | 0.01% | +8,050 | New |
| Cetera Investment Advisers | 7,500 | $238.5K | 0.00% | 00.0% | Unchanged |
| Meeder Advisory Services, Inc. | 7,500 | $238.5K | 0.01% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 7,177 | $228.2K | 0.00% | +1,310+22.3% | Added |
| Janus Henderson Group PLC | 7,076 | $225.1K | 0.00% | 00.0% | Unchanged |
| Advisory Services Network, LLC | 7,062 | $224.6K | 0.00% | 00.0% | Unchanged |
| Brevan Howard Capital Management LP | 7,056 | $224.4K | 0.00% | +166+2.4% | Added |
| Harbor Capital Advisors, Inc. | 6,981 | $222.0K | 0.02% | +67+1.0% | Added |
| Engineers Gate Manager LP | 6,372 | $202.6K | 0.00% | +6,372 | New |
| Peloton Wealth Strategists | 6,295 | $200.0K | 0.08% | −440−6.5% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $151.2K | 0.00% | 00.0% | Unchanged |
| Matrix Trust Co | 4,082 | $130.0K | 0.02% | −144−3.4% | Reduced |
| KLP Kapitalforvaltning AS | 3,550 | $113.2K | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 3,260 | $103.7K | 0.00% | −8,067−71.2% | Reduced |
| Tower Research Capital LLC (TRC) | 2,717 | $86.4K | 0.00% | +516+23.4% | Added |
| Catalyst Capital Advisors LLC | 2,450 | $77.9K | 0.00% | 00.0% | Unchanged |
| Bank of Jackson Hole Trust | 2,257 | $71.8K | 0.04% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,191 | $70.0K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 2,167 | $68.9K | 0.00% | −482−18.2% | Reduced |
| State of Alaska, Department of Revenue | 1,802 | $57.0K | 0.00% | +1,802 | New |
| Sterling Capital Management LLC | 1,790 | $56.9K | 0.00% | +1,090+155.7% | Added |
| CWM, LLC | 1,510 | $48.0K | 0.00% | −1,500−49.8% | Reduced |
| Versant Capital Management, Inc | 629 | $20.0K | 0.00% | +554+738.7% | Added |
| Amalgamated Bank | 625 | $20.0K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 574 | $18.3K | 0.00% | +463+417.1% | Added |
| Rockefeller Capital Management L.P. | 450 | $14.3K | 0.00% | +450 | New |
| Simplex Trading, LLC | 417 | $13.0K | 0.00% | +378+969.2% | Added |
| EverSource Wealth Advisors, LLC | 384 | $12.2K | 0.00% | +28+7.9% | Added |
| Capital Advisors, Ltd. LLC | 318 | $10.0K | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 311 | $10.0K | 0.01% | +230+284.0% | Added |
| Nisa Investment Advisors, LLC | 238 | $7.59K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 212 | $6.74K | 0.00% | +67+46.2% | Added |
| Caitong International Asset Management Co., Ltd | 210 | $6.68K | 0.00% | +143+213.4% | Added |
| Optiver Holding B.V. | 176 | $5.60K | 0.00% | +176 | New |
| Quadrant Capital Group LLC | 171 | $5.44K | 0.00% | +171 | New |
| US Bancorp | 151 | $4.80K | 0.00% | −1,395−90.2% | Reduced |
| Steward Partners Investment Advisory, LLC | 115 | $3.66K | 0.00% | 00.0% | Unchanged |
| Comerica Bank | 114 | $3.62K | 0.00% | +13+12.9% | Added |
| National Bank of Canada | 107 | $3.40K | 0.00% | +69+181.6% | Added |
| Northwestern Mutual Wealth Management Co | 102 | $3.24K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 80 | $2.54K | 0.00% | −4−4.8% | Reduced |
| True Wealth Design, LLC | 64 | $2.04K | 0.00% | −11−14.7% | Reduced |
| Essential Partners LLC | 64 | $2.04K | 0.00% | −25−28.1% | Reduced |
| Signaturefd, LLC | 55 | $1.75K | 0.00% | −24−30.4% | Reduced |
| Allworth Financial LP | 35 | $1.11K | 0.00% | −70−66.7% | Reduced |
| Rothschild Investment LLC | 30 | $954 | 0.00% | −40−57.1% | Reduced |
| Parallel Advisors, LLC | 7 | $223 | 0.00% | −12−63.2% | Reduced |
| GWM Advisors LLC | 2 | $64 | 0.00% | 00.0% | Unchanged |
| Larson Financial Group LLC | 2 | $64 | 0.00% | +2 | New |
| Farther Finance Advisors, LLC | 1 | $32 | 0.00% | −13−92.9% | Reduced |
| SBI Securities Co., Ltd. | 1 | $32 | 0.00% | 00.0% | Unchanged |
| 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 |