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 |
|---|---|---|---|---|---|
| Jupiter Topco LLC | 7,076 | $353.6K | 0.00% | +7,076 | New |
| Commonwealth of Pennsylvania Public School Empls Retrmt Sys | 6,971 | $348.6K | 0.00% | −292−4.0% | Reduced |
| Oregon Public Employees Retirement Fund | 6,700 | $335.0K | 0.00% | 00.0% | Unchanged |
| Harbor Capital Advisors, Inc. | 6,239 | $312.0K | 0.02% | +868+16.2% | Added |
| Fifth Third Bancorp | 6,184 | $309.2K | 0.00% | −108−1.7% | Reduced |
| Vident Advisory, LLC | 5,994 | $299.7K | 0.00% | +111+1.9% | Added |
| State of Tennessee, Treasury Department | 5,963 | $298.1K | 0.00% | −5,300−47.1% | Reduced |
| Arizona State Retirement System | 5,707 | $285.4K | 0.00% | +35+0.6% | Added |
| Vanguard Investments Australia, Ltd. | 5,641 | $282.1K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 5,601 | $280.1K | 0.00% | −321−5.4% | Reduced |
| Jump Financial, LLC | 5,500 | $275.0K | 0.00% | +5,500 | New |
| Peloton Wealth Strategists | 5,333 | $267.0K | 0.10% | 00.0% | Unchanged |
| Voya Investment Management LLC | 5,043 | $252.2K | 0.00% | +234+4.9% | Added |
| Gamco Investors, Inc. Et Al | 5,000 | $250.0K | 0.00% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 4,956 | $247.8K | 0.00% | +4,956 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 4,755 | $237.8K | 0.00% | 00.0% | Unchanged |
| O'Shaughnessy Asset Management, LLC | 4,701 | $235.1K | 0.00% | +4,701 | New |
| Wellington Grp LLC | 4,687 | $234.3K | 0.06% | 00.0% | Unchanged |
| Fairfield, Bush & Co. | 4,650 | $232.5K | 0.11% | +4,650 | New |
| FMR LLC | 4,632 | $231.6K | 0.00% | −100−2.1% | Reduced |
| Swiss Life Asset Management Ltd | 4,531 | $226.6K | 0.00% | +4,531 | New |
| Bank of Montreal | 4,495 | $224.8K | 0.00% | +4,495 | New |
| Creative Planning | 4,465 | $223.3K | 0.00% | +4,465 | New |
| KLP Kapitalforvaltning AS | 4,450 | $222.9K | 0.00% | 00.0% | Unchanged |
| Maryland State Retirement & Pension System | 4,335 | $216.8K | 0.00% | +4,335 | New |
| Wealth Enhancement Advisory Services, LLC | 4,513 | $216.7K | 0.00% | +4,513 | New |
| Cerity Partners LLC | 4,253 | $212.7K | 0.00% | −1,707−28.6% | Reduced |
| Graham Capital Management, L.P. | 4,110 | $205.5K | 0.01% | +4,110 | New |
| Advisor Group Holdings, Inc. | 2,858 | $142.9K | 0.00% | −1,052−26.9% | Reduced |
| NBH Bank | 2,257 | $112.8K | 0.05% | +2,257 | New |
| Ameritas Investment Partners, Inc. | 2,167 | $108.3K | 0.00% | 00.0% | Unchanged |
| USA Financial Formulas | 1,878 | $93.9K | 0.02% | +1,878 | New |
| Tower Research Capital LLC (TRC) | 1,590 | $79.5K | 0.00% | −1,549−49.3% | Reduced |
| Rockefeller Capital Management L.P. | 1,456 | $72.8K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 988 | $49.4K | 0.00% | +632+177.5% | Added |
| Thurston, Springer, Miller, Herd & Titak, Inc. | 697 | $34.9K | 0.01% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 594 | $29.7K | 0.00% | 00.0% | Unchanged |
| Hantz Financial Services, Inc. | 474 | $24.0K | 0.00% | +95+25.1% | Added |
| GAMMA Investing LLC | 471 | $23.6K | 0.00% | +82+21.1% | Added |
| Simplex Trading, LLC | 428 | $21.4K | 0.00% | −302−41.4% | Reduced |
| Caitong International Asset Management Co., Ltd | 401 | $20.1K | 0.00% | +349+671.2% | Added |
| Nisa Investment Advisors, LLC | 386 | $19.3K | 0.00% | +15+4.0% | Added |
| Nykredit A/S | 375 | $18.8K | 0.00% | +375 | New |
| Sterling Capital Management LLC | 365 | $18.3K | 0.00% | −495−57.6% | Reduced |
| Capital Advisors, Ltd. LLC | 318 | $16.0K | 0.00% | 00.0% | Unchanged |
| Pinnacle Wealth Planning Services, Inc. | 300 | $15.0K | 0.00% | +12+4.2% | Added |
| Public Employees Retirement System of Ohio | 227 | $11.3K | 0.00% | +120+112.1% | Added |
| Jones Financial Companies LLLP | 225 | $11.3K | 0.00% | +182+423.3% | Added |
| Salomon & Ludwin, LLC | 225 | $11.2K | 0.00% | −239−51.5% | Reduced |
| Bessemer Group Inc | 220 | $11.0K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 219 | $10.9K | 0.00% | −391−64.1% | Reduced |
| Farther Finance Advisors, LLC | 200 | $10.0K | 0.00% | +6+3.1% | Added |
| Larson Financial Group LLC | 200 | $10.0K | 0.00% | +19+10.5% | Added |
| US Bancorp | 186 | $9.30K | 0.00% | +103+124.1% | Added |
| Owl Creek Wealth Partners LLC | 180 | $9.00K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 160 | $8.00K | 0.00% | +1+0.6% | Added |
| Optiver Holding B.V. | 151 | $7.55K | 0.00% | +151 | New |
| Aster Capital Management (DIFC) Ltd | 144 | $7.20K | 0.00% | +144 | New |
| Steward Partners Investment Advisory, LLC | 108 | $5.40K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 103 | $5.15K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 100 | $5.00K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 84 | $4.20K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 83 | $4.15K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 55 | $2.75K | 0.00% | 00.0% | Unchanged |
| JPL Wealth Management, LLC | 54 | $2.70K | 0.00% | 00.0% | Unchanged |
| Torren Management, LLC | 38 | $1.90K | 0.00% | 00.0% | Unchanged |
| Keating Financial Advisory Services, Inc. | 37 | $1.85K | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 36 | $1.80K | 0.00% | −3−7.7% | Reduced |
| Parallel Advisors, LLC | 31 | $1.55K | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 26 | $1.30K | 0.00% | +23+766.7% | Added |
| 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 |
| Covestor Ltd | 14 | $1.00K | 0.00% | −17−54.8% | Reduced |
| Parkside Financial Bank & Trust | 20 | $1.00K | 0.00% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 19 | $950 | 0.00% | +19 | New |
| Valued Wealth Advisors LLC | 16 | $802 | 0.00% | +16 | New |
| Farmers & Merchants Investments Inc | 15 | $750 | 0.00% | 00.0% | Unchanged |
| Silver Grove Financial Group, Inc. | 14 | $700 | 0.00% | +14 | New |
| Quarry LP | 7 | $350 | 0.00% | −47−87.0% | Reduced |
| JFS Wealth Advisors, LLC | 6 | $301 | 0.00% | +6 | New |
| Financial Consulate, Inc | 5 | $250 | 0.00% | +5 | New |
| 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 |
| GWM Advisors LLC | 2 | $101 | 0.00% | 00.0% | Unchanged |
| Davis Capital Management | 2 | $100 | 0.00% | +2 | New |
| SBI Securities Co., Ltd. | 1 | $50 | 0.00% | 00.0% | Unchanged |
| Evolution Advisers, Inc. | 2 | $0 | 0.00% | +2 | New |
| Mackenzie Financial Corp | 0 | $0 | 0.00% | −87,093−100.0% | Sold out |
| Renaissance Technologies LLC | 0 | $0 | 0.00% | −49,089−100.0% | Sold out |
| Wakefield Asset Management LLLP | 0 | $0 | 0.00% | −29,530−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −29,191−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −10,168−100.0% | Sold out |
| Mirabella Financial Services LLP | 0 | $0 | 0.00% | −9,706−100.0% | Sold out |
| Landscape Capital Management, L.L.C. | 0 | $0 | 0.00% | −8,388−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −7,224−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −6,721−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −5,237−100.0% | Sold out |
| Advisory Services Network, LLC | 0 | $0 | 0.00% | −4,867−100.0% | Sold out |
| Bank of Jackson Hole Trust | 0 | $0 | 0.00% | −2,257−100.0% | Sold out |