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Mercantile Bank Corp

MBWM
Exchange
Nasdaq
Industry
State Commercial Banks
SEC CIK
0001042729

No open-market purchases or sales by Mercantile Bank Corp insiders were filed in the last 90 days; 206 institutions reported holding it in 13F filings for Q2 2026, worth $691.0M in total; no superinvestor holds it.

13F holders, Q1 2021

Institutional positions in Mercantile Bank Corp as of Mar 31, 2021. 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
116
No complete 13F data for Q4 2020
Shares held
8.88M
No complete 13F data for Q4 2020
Total value
$288.4M
No complete 13F data for Q4 2020

Holders and value by quarter

Institutions reporting MBWM 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.

Institutional holdersQ1 2021: 116 institutions
Q1 2021: 116 institutionsQ2 2021: 112 institutionsQ3 2021: 116 institutionsQ4 2021: 120 institutionsQ1 2022: 122 institutionsQ2 2022: 129 institutionsQ3 2022: 125 institutionsQ4 2022: 130 institutionsQ1 2023: 128 institutionsQ2 2023: 118 institutionsQ3 2023: 133 institutionsQ4 2023: 141 institutionsQ1 2024: 155 institutionsQ2 2024: 162 institutionsQ3 2024: 161 institutionsQ4 2024: 178 institutionsQ1 2025: 194 institutionsQ2 2025: 196 institutionsQ3 2025: 200 institutionsQ4 2025: 192 institutionsQ1 2026: 201 institutionsQ2 2026: 206 institutions
Value heldQ1 2021: $288.4M
Q1 2021: $288.4MQ2 2021: $259.9MQ3 2021: $268.9MQ4 2021: $296.9MQ1 2022: $307.7MQ2 2022: $283.0MQ3 2022: $261.6MQ4 2022: $300.2MQ1 2023: $278.0MQ2 2023: $250.1MQ3 2023: $283.3MQ4 2023: $381.4MQ1 2024: $372.3MQ2 2024: $399.1MQ3 2024: $435.8MQ4 2024: $457.6MQ1 2025: $452.3MQ2 2025: $484.0MQ3 2025: $477.7MQ4 2025: $514.8MQ1 2026: $590.5MQ2 2026: $691.0M
Institutions holding MBWM and their total value by quarter
QuarterHoldersValue
Q2 2026206$691.0M
Q1 2026201$590.5M
Q4 2025192$514.8M
Q3 2025200$477.7M
Q2 2025196$484.0M
Q1 2025194$452.3M
Q4 2024178$457.6M
Q3 2024161$435.8M
Q2 2024162$399.1M
Q1 2024155$372.3M
Q4 2023141$381.4M
Q3 2023133$283.3M
Q2 2023118$250.1M
Q1 2023128$278.0M
Q4 2022130$300.2M
Q3 2022125$261.6M
Q2 2022129$283.0M
Q1 2022122$307.7M
Q4 2021120$296.9M
Q3 2021116$268.9M
Q2 2021112$259.9M
Q1 2021116$288.4M

Institutions, Q1 2021

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp.

Livermore's 13F data starts with Q1 2021, so Q1 2021 has no change from the previous quarter.

Institutions holding MBWM in Q1 2021
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,508,644$49.0M0.00%––
Dimensional Fund Advisors LP1,204,664$39.3M0.01%––
Vanguard Group Inc764,196$24.8M0.00%––
Renaissance Technologies LLC749,613$24.3M0.03%––
Banc Funds Co LLC557,908$18.1M1.38%––
Tributary Capital Management, LLC359,473$11.7M0.91%––
State Street Corp319,650$10.4M0.00%––
North Star Asset Management Inc269,151$8.74M0.52%––
Geode Capital Management, LLC267,855$8.70M0.00%––
Northern Trust Corp215,635$7.00M0.00%––
Bank of America Corp211,450$6.87M0.00%––
LSV Asset Management178,207$5.79M0.01%––
Hotchkis & Wiley Capital Management LLC134,780$4.38M0.01%––
Royal Bank of Canada123,544$4.01M0.00%––
Bank of New York Mellon Corp122,091$3.96M0.00%––
Charles Schwab Investment Management Inc117,352$3.81M0.00%––
Wellington Management Group LLP104,366$3.39M0.00%––
Acadian Asset Management LLC93,016$3.02M0.01%––
Sanford Advisory Services, LLC86,640$2.81M0.78%––
Wells Fargo & Company70,095$2.27M0.00%––
Nuveen Asset Management, LLC69,516$2.26M0.00%––
Parametric Portfolio Associates LLC60,005$1.95M0.00%––
LaFleur & Godfrey LLC54,454$1.77M0.34%––
John W. Rosenthal Capital Management, Inc.50,000$1.62M1.31%––
JPMorgan Chase & Co48,103$1.56M0.00%––
Victory Capital Management Inc47,250$1.53M0.00%––
Citadel Advisors LLC46,600$1.51M0.00%––
jvl associates llc42,640$1.39M1.03%––
Thrivent Financial for Lutherans42,150$1.37M0.00%––
Oberweis Asset Management Inc36,472$1.18M0.24%––
First Trust Advisors LP35,849$1.16M0.00%––
Arrowstreet Capital, Limited Partnership34,960$1.14M0.00%––
Jacobs Asset Management, LLC34,912$1.13M0.45%––
Swiss National Bank34,900$1.13M0.00%––
California Public Employees Retirement System32,154$1.04M0.00%––
Envestnet Asset Management Inc28,378$921.0K0.00%––
American Century Companies Inc27,907$906.0K0.00%––
AQR Capital Management LLC27,206$883.0K0.00%––
Rhumbline Advisers26,609$864.0K0.00%––
First National Bank of Omaha26,153$849.0K0.04%––
Shakespeare Wealth Management, Inc.25,834$839.0K0.35%––
Morgan Stanley25,779$837.0K0.00%––
LPL Financial LLC25,369$824.0K0.00%––
Ameriprise Financial Inc25,140$816.0K0.00%––
Goldman Sachs Group Inc24,799$806.0K0.00%––
California State Teachers Retirement System23,827$774.0K0.00%––
Invesco Ltd.21,238$689.0K0.00%––
Round Hill Asset Management20,207$656.0K0.35%––
STRS Ohio19,800$642.0K0.00%––
HRT Financial LP19,467$632.0K0.01%––
Baird Financial Group, Inc.17,715$575.0K0.00%––
Los Angeles Capital Management LLC16,726$543.0K0.00%––
New York State Common Retirement Fund16,000$520.0K0.00%––
Fifth Third Bancorp15,613$507.0K0.00%––
Deutsche Bank AG13,748$446.0K0.00%––
Grantham, Mayo, Van Otterloo & Co. LLC13,336$433.0K0.00%––
Barclays PLC13,266$431.0K0.00%––
IndexIQ Advisors LLC12,166$395.0K0.01%––
BHZ Capital Management, LP11,510$374.0K0.12%––
Gsa Capital Partners LLP11,049$359.0K0.06%––
Alliancebernstein L.P.10,991$357.0K0.00%––
Credit Suisse AG10,841$353.0K0.00%––
Mackay Shields LLC10,800$351.0K0.00%––
The PNC Financial Services Group, Inc.10,062$326.0K0.00%––
Manufacturers Life Insurance Company, The9,591$311.0K0.00%––
SEI Investments Co9,400$305.0K0.00%––
UBS Group AG9,334$303.0K0.00%––
American International Group, Inc.9,211$299.0K0.00%––
Two Sigma Advisers, LP9,200$299.0K0.00%––
Azimuth Capital Management LLC9,189$298.0K0.01%––
Panagora Asset Management Inc8,855$287.0K0.00%––
Millennium Management LLC8,137$264.0K0.00%––
Dynamic Advisor Solutions LLC8,000$260.0K0.02%––
Voya Investment Management LLC7,859$255.0K0.00%––
Trexquant Investment LP7,734$251.0K0.02%––
MetLife Investment Management7,713$250.4K0.00%––
BNP Paribas Arbitrage, SA7,312$237.4K0.00%––
Pitcairn Co7,207$234.0K0.02%––
Commonwealth Equity Services, LLC7,120$231.0K0.00%––
State of Tennessee, Treasury Department6,870$223.0K0.00%––
US Bancorp6,748$219.0K0.00%––
Advisor Group Holdings, Inc.5,625$182.0K0.00%––
Metropolitan Life Insurance Co5,507$178.8K0.00%––
Federated Hermes, Inc.4,821$157.0K0.00%––
Bank of Montreal4,390$141.0K0.00%––
Denali Advisors LLC4,080$132.0K0.04%––
Russell Investments Group, Ltd.4,061$131.0K0.00%––
Abundance Wealth Counselors3,579$116.0K0.03%––
Legal & General Group Plc3,301$107.0K0.00%––
Citigroup Inc2,851$93.0K0.00%––
Nisa Investment Advisors, LLC2,850$93.0K0.00%––
Center for Financial Planning, Inc.2,784$90.0K0.02%––
Ameritas Investment Company, LLC2,656$86.2K0.01%––
Ameritas Investment Partners, Inc.1,436$47.0K0.00%––
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$46.0K0.00%––
Great West Life Assurance Co1,259$41.0K0.00%––
Heritage Wealth Management, LLC1,153$37.0K0.02%––
Harbour Investments, Inc.1,000$32.0K0.00%––
Tower Research Capital LLC (TRC)983$32.0K0.00%––
First Horizon Advisors, Inc.666$21.0K0.00%––