Merchants Bancorp

MBIN

Exchange: Nasdaq
Industry: State Commercial Banks
SEC CIK: 0001629019

SEC filings (opens in a new tab)

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.

Other share classesMBINL MBINM MBINN

Q2 2026 vs. Q1 2026

How the institutions holding Merchants Bancorp changed between Q1 2026 and Q2 2026.

All holders in Q2 2026 All holders in Q1 2026

13F holders of MBIN: Q1 2026 compared with Q2 2026
Measure	Q1 2026	Of which not filed for Q2 2026	Q2 2026	Change
Holders	178	3	188	+13
Shares	45.5M	9.57K	45.2M	−331.2K (−0.7%)
Value	$1.97B	$410.9K	$2.26B	+$285.4M (+14.5%)

3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so the changes leave them out.

New holders (29)

Institutions that held Merchants Bancorp at the end of Q2 2026 but not at the end of Q1 2026.

Institutions new to MBIN in Q2 2026
Institution	Shares	Value	% of portfolio
ExodusPoint Capital Management, LP	25,670	$1.28M	0.01%
Millennium Management LLC	25,501	$1.28M	0.00%
Capstone Investment Advisors, LLC	19,018	$950.9K	0.01%
LJI Wealth Management, LLC	15,000	$750.0K	0.11%
ZEGA Investments, LLC	7,200	$360.0K	0.06%
Jupiter Topco LLC	7,076	$353.6K	0.00%
Jump Financial, LLC	5,500	$275.0K	0.00%
Mercer Global Advisors Inc	4,956	$247.8K	0.00%
O'Shaughnessy Asset Management, LLC	4,701	$235.1K	0.00%
Fairfield, Bush & Co.	4,650	$232.5K	0.11%
Swiss Life Asset Management Ltd	4,531	$226.6K	0.00%
Bank of Montreal	4,495	$224.8K	0.00%
Creative Planning	4,465	$223.3K	0.00%
Maryland State Retirement & Pension System	4,335	$216.8K	0.00%
Wealth Enhancement Advisory Services, LLC	4,513	$216.7K	0.00%
Graham Capital Management, L.P.	4,110	$205.5K	0.01%
NBH Bank	2,257	$112.8K	0.05%
USA Financial Formulas	1,878	$93.9K	0.02%
Nykredit A/S	375	$18.8K	0.00%
Optiver Holding B.V.	151	$7.55K	0.00%
Aster Capital Management (DIFC) Ltd	144	$7.20K	0.00%
Ameritas Advisory Services, LLC	19	$950	0.00%
Valued Wealth Advisors LLC	16	$802	0.00%
Silver Grove Financial Group, Inc.	14	$700	0.00%
JFS Wealth Advisors, LLC	6	$301	0.00%
Financial Consulate, Inc	5	$250	0.00%
Clearstead Advisors, LLC	3	$150	0.00%
Davis Capital Management	2	$100	0.00%
Evolution Advisers, Inc.	2	$0	0.00%

Sold out (16)

Institutions that held Merchants Bancorp at the end of Q1 2026 and filed for Q2 2026 without it.

Institutions that sold out of MBIN in Q2 2026
Institution	Shares, Q1 2026	Value, Q1 2026
Mackenzie Financial Corp	87,093	$3.74M
Renaissance Technologies LLC	49,089	$2.11M
Wakefield Asset Management LLLP	29,530	$1.27M
Trexquant Investment LP	29,191	$1.25M
Susquehanna International Group, LLP	10,168	$436.3K
Mirabella Financial Services LLP	9,706	$416.5K
Landscape Capital Management, L.L.C.	8,388	$359.9K
Two Sigma Securities, LLC	7,224	$310.0K
Brevan Howard Capital Management LP	6,721	$288.4K
Engineers Gate Manager LP	5,237	$224.7K
Advisory Services Network, LLC	4,867	$208.8K
Bank of Jackson Hole Trust	2,257	$96.8K
Quantbot Technologies LP	1,069	$45.9K
Quadrant Capital Group LLC	171	$7.34K
MAI Capital Management	34	$1.46K
Root Financial Partners, LLC	19	$815

Not filed for Q2 2026 yet (3)

Institutions that held Merchants Bancorp at the end of Q1 2026 and haven't filed a 13F for Q2 2026. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBIN in Q1 2026 that haven't filed for Q2 2026
Institution	Shares, Q1 2026	Value, Q1 2026
Janus Henderson Group PLC	7,076	$303.8K
CWM, LLC	2,493	$107.0K
Sunbelt Securities, Inc.	1	$43