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 2026
Institutional positions in Merchants Bancorp as of Jun 30, 2026. 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
- 188
- +13 vs. Q1 2026
- Shares held
- 45.2M
- −331.2K (−0.7%) vs. Q1 2026
- Total value
- $2.26B
- +$285.4M (+14.5%) vs. Q1 2026
- New holders
- 29
- 56 more added
- Sold out
- 16
- 61 more reduced
3 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2026: 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 2026
Shares, value and share of portfolio for each institution holding Merchants Bancorp; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Evolution Advisers, Inc. | 2 | $0 | 0.00% | +2 | New |
| SBI Securities Co., Ltd. | 1 | $50 | 0.00% | 00.0% | Unchanged |
| Davis Capital Management | 2 | $100 | 0.00% | +2 | New |
| GWM Advisors LLC | 2 | $101 | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 3 | $150 | 0.00% | 00.0% | Unchanged |
| Gilpin Wealth Management, LLC | 3 | $150 | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 3 | $150 | 0.00% | +3 | New |
| Financial Consulate, Inc | 5 | $250 | 0.00% | +5 | New |
| JFS Wealth Advisors, LLC | 6 | $301 | 0.00% | +6 | New |
| Quarry LP | 7 | $350 | 0.00% | −47−87.0% | Reduced |
| Silver Grove Financial Group, Inc. | 14 | $700 | 0.00% | +14 | New |
| Farmers & Merchants Investments Inc | 15 | $750 | 0.00% | 00.0% | Unchanged |
| Valued Wealth Advisors LLC | 16 | $802 | 0.00% | +16 | New |
| Ameritas Advisory Services, LLC | 19 | $950 | 0.00% | +19 | New |
| Covestor Ltd | 14 | $1.00K | 0.00% | −17−54.8% | Reduced |
| Parkside Financial Bank & Trust | 20 | $1.00K | 0.00% | 00.0% | Unchanged |
| Essential Partners LLC | 24 | $1.20K | 0.00% | −6−20.0% | Reduced |
| Umb Bank N A | 24 | $1.20K | 0.00% | +8+50.0% | Added |
| SJS Investment Consulting Inc. | 26 | $1.30K | 0.00% | +23+766.7% | Added |
| Parallel Advisors, LLC | 31 | $1.55K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 36 | $1.80K | 0.00% | −3−7.7% | Reduced |
| Keating Financial Advisory Services, Inc. | 37 | $1.85K | 0.00% | 00.0% | Unchanged |
| Torren Management, LLC | 38 | $1.90K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 54 | $2.70K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 55 | $2.75K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 83 | $4.15K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 84 | $4.20K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 100 | $5.00K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 103 | $5.15K | 0.00% | 00.0% | Unchanged |
| Steward Partners Investment Advisory, LLC | 108 | $5.40K | 0.00% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 144 | $7.20K | 0.00% | +144 | New |
| Optiver Holding B.V. | 151 | $7.55K | 0.00% | +151 | New |
| Allworth Financial LP | 160 | $8.00K | 0.00% | +1+0.6% | Added |
| Owl Creek Wealth Partners LLC | 180 | $9.00K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 186 | $9.30K | 0.00% | +103+124.1% | Added |
| Larson Financial Group LLC | 200 | $10.0K | 0.00% | +19+10.5% | Added |
| Farther Finance Advisors, LLC | 200 | $10.0K | 0.00% | +6+3.1% | Added |
| EverSource Wealth Advisors, LLC | 219 | $10.9K | 0.00% | −391−64.1% | Reduced |
| Bessemer Group Inc | 220 | $11.0K | 0.00% | 00.0% | Unchanged |
| Salomon & Ludwin, LLC | 225 | $11.2K | 0.00% | −239−51.5% | Reduced |
| Jones Financial Companies LLLP | 225 | $11.3K | 0.00% | +182+423.3% | Added |
| Public Employees Retirement System of Ohio | 227 | $11.3K | 0.00% | +120+112.1% | Added |
| Pinnacle Wealth Planning Services, Inc. | 300 | $15.0K | 0.00% | +12+4.2% | Added |
| Capital Advisors, Ltd. LLC | 318 | $16.0K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 365 | $18.3K | 0.00% | −495−57.6% | Reduced |
| Nykredit A/S | 375 | $18.8K | 0.00% | +375 | New |
| Nisa Investment Advisors, LLC | 386 | $19.3K | 0.00% | +15+4.0% | Added |
| Caitong International Asset Management Co., Ltd | 401 | $20.1K | 0.00% | +349+671.2% | Added |
| Simplex Trading, LLC | 428 | $21.4K | 0.00% | −302−41.4% | Reduced |
| GAMMA Investing LLC | 471 | $23.6K | 0.00% | +82+21.1% | Added |
| Hantz Financial Services, Inc. | 474 | $24.0K | 0.00% | +95+25.1% | Added |
| Versant Capital Management, Inc | 594 | $29.7K | 0.00% | 00.0% | Unchanged |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 697 | $34.9K | 0.01% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 988 | $49.4K | 0.00% | +632+177.5% | Added |
| Rockefeller Capital Management L.P. | 1,456 | $72.8K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 1,590 | $79.5K | 0.00% | −1,549−49.3% | Reduced |
| USA Financial Formulas | 1,878 | $93.9K | 0.02% | +1,878 | New |
| Ameritas Investment Partners, Inc. | 2,167 | $108.3K | 0.00% | 00.0% | Unchanged |
| NBH Bank | 2,257 | $112.8K | 0.05% | +2,257 | New |
| Advisor Group Holdings, Inc. | 2,858 | $142.9K | 0.00% | −1,052−26.9% | Reduced |
| Graham Capital Management, L.P. | 4,110 | $205.5K | 0.01% | +4,110 | New |
| Cerity Partners LLC | 4,253 | $212.7K | 0.00% | −1,707−28.6% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 4,513 | $216.7K | 0.00% | +4,513 | New |
| Maryland State Retirement & Pension System | 4,335 | $216.8K | 0.00% | +4,335 | New |
| KLP Kapitalforvaltning AS | 4,450 | $222.9K | 0.00% | 00.0% | Unchanged |
| Creative Planning | 4,465 | $223.3K | 0.00% | +4,465 | New |
| Bank of Montreal | 4,495 | $224.8K | 0.00% | +4,495 | New |
| Swiss Life Asset Management Ltd | 4,531 | $226.6K | 0.00% | +4,531 | New |
| FMR LLC | 4,632 | $231.6K | 0.00% | −100−2.1% | Reduced |
| Fairfield, Bush & Co. | 4,650 | $232.5K | 0.11% | +4,650 | New |
| Wellington Grp LLC | 4,687 | $234.3K | 0.06% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 4,701 | $235.1K | 0.00% | +4,701 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $237.8K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 4,956 | $247.8K | 0.00% | +4,956 | New |
| Gamco Investors, Inc. Et Al | 5,000 | $250.0K | 0.00% | 00.0% | Unchanged |
| Voya Investment Management LLC | 5,043 | $252.2K | 0.00% | +234+4.9% | Added |
| Peloton Wealth Strategists | 5,333 | $267.0K | 0.10% | 00.0% | Unchanged |
| Jump Financial, LLC | 5,500 | $275.0K | 0.00% | +5,500 | New |
| Intech Investment Management LLC | 5,601 | $280.1K | 0.00% | −321−5.4% | Reduced |
| Vanguard Investments Australia, Ltd. | 5,641 | $282.1K | 0.00% | 00.0% | Unchanged |
| Arizona State Retirement System | 5,707 | $285.4K | 0.00% | +35+0.6% | Added |
| State of Tennessee, Treasury Department | 5,963 | $298.1K | 0.00% | −5,300−47.1% | Reduced |
| Vident Advisory, LLC | 5,994 | $299.7K | 0.00% | +111+1.9% | Added |
| Fifth Third Bancorp | 6,184 | $309.2K | 0.00% | −108−1.7% | Reduced |
| Harbor Capital Advisors, Inc. | 6,239 | $312.0K | 0.02% | +868+16.2% | Added |
| Oregon Public Employees Retirement Fund | 6,700 | $335.0K | 0.00% | 00.0% | Unchanged |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,971 | $348.6K | 0.00% | −292−4.0% | Reduced |
| Jupiter Topco LLC | 7,076 | $353.6K | 0.00% | +7,076 | New |
| Police & Firemen's Retirement System of New Jersey | 7,177 | $358.9K | 0.00% | 00.0% | Unchanged |
| ZEGA Investments, LLC | 7,200 | $360.0K | 0.06% | +7,200 | New |
| Teachers Retirement System of the State of Kentucky | 7,300 | $365.0K | 0.00% | 00.0% | Unchanged |
| Impact Partnership Wealth, LLC | 7,319 | $365.9K | 0.04% | −7,200−49.6% | Reduced |
| Meeder Advisory Services, Inc. | 7,500 | $375.0K | 0.01% | 00.0% | Unchanged |
| Cetera Investment Advisers | 7,628 | $381.4K | 0.00% | −800−9.5% | Reduced |
| Amalgamated Bank | 7,787 | $389.0K | 0.00% | −562−6.7% | Reduced |
| Yousif Capital Management, LLC | 7,791 | $389.6K | 0.00% | −56−0.7% | Reduced |
| SG Americas Securities, LLC | 8,007 | $400.0K | 0.00% | +3,092+62.9% | Added |
| Barclays PLC | 8,629 | $431.4K | 0.00% | +2,838+49.0% | Added |
| Manufacturers Life Insurance Company, The | 8,720 | $436.0K | 0.00% | −6,009−40.8% | Reduced |
| New York State Teachers Retirement System | 9,649 | $482.0K | 0.00% | +503+5.5% | Added |