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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 $691.2M in total; no superinvestor holds it.

13F holders, Q2 2021

Institutional positions in Mercantile Bank Corp as of Jun 30, 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
112
−4 vs. Q1 2021
Shares held
8.60M
−275.9K (−3.1%) vs. Q1 2021
Total value
$259.9M
−$28.5M (−9.9%) vs. Q1 2021
New holders
7
36 more added
Sold out
11
42 more reduced

Compare with Q1 2021: new holders, sold out and not filed yet

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 holdersQ2 2021: 112 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 heldQ2 2021: $259.9M
Q1 2021: $288.4MQ2 2021: $259.9MQ3 2021: $268.9MQ4 2021: $297.6MQ1 2022: $307.7MQ2 2022: $283.0MQ3 2022: $261.6MQ4 2022: $300.2MQ1 2023: $280.5MQ2 2023: $250.4MQ3 2023: $283.3MQ4 2023: $388.5MQ1 2024: $384.1MQ2 2024: $401.6MQ3 2024: $439.4MQ4 2024: $457.6MQ1 2025: $452.5MQ2 2025: $486.7MQ3 2025: $487.4MQ4 2025: $515.6MQ1 2026: $590.5MQ2 2026: $691.2M
Institutions holding MBWM and their total value by quarter
QuarterHoldersValue
Q2 2026206$691.2M
Q1 2026201$590.5M
Q4 2025192$515.6M
Q3 2025200$487.4M
Q2 2025196$486.7M
Q1 2025194$452.5M
Q4 2024178$457.6M
Q3 2024161$439.4M
Q2 2024162$401.6M
Q1 2024155$384.1M
Q4 2023141$388.5M
Q3 2023133$283.3M
Q2 2023118$250.4M
Q1 2023128$280.5M
Q4 2022130$300.2M
Q3 2022125$261.6M
Q2 2022129$283.0M
Q1 2022122$307.7M
Q4 2021120$297.6M
Q3 2021116$268.9M
Q2 2021112$259.9M
Q1 2021116$288.4M

Institutions, Q2 2021

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2021.

Institutions holding MBWM in Q2 2021
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,416,079$42.8M0.00%−92,565−6.1%Reduced
Dimensional Fund Advisors LP1,187,519$35.9M0.01%−17,145−1.4%Reduced
Vanguard Group Inc761,345$23.0M0.00%−2,851−0.4%Reduced
Renaissance Technologies LLC757,213$22.9M0.03%+7,600+1.0%Added
Banc Funds Co LLC548,157$16.6M1.22%−9,751−1.7%Reduced
Tributary Capital Management, LLC342,638$10.3M0.78%−16,835−4.7%Reduced
State Street Corp326,363$9.86M0.00%+6,713+2.1%Added
North Star Asset Management Inc278,201$8.40M0.47%+9,050+3.4%Added
Geode Capital Management, LLC270,510$8.17M0.00%+2,655+1.0%Added
Northern Trust Corp209,422$6.33M0.00%−6,213−2.9%Reduced
LSV Asset Management172,870$5.22M0.01%−5,337−3.0%Reduced
Hotchkis & Wiley Capital Management LLC147,740$4.46M0.01%+12,960+9.6%Added
Charles Schwab Investment Management Inc143,989$4.35M0.00%+26,637+22.7%Added
Bank of New York Mellon Corp117,115$3.54M0.00%−4,976−4.1%Reduced
Bank of America Corp116,062$3.50M0.00%−95,388−45.1%Reduced
Royal Bank of Canada112,489$3.40M0.00%−11,055−8.9%Reduced
Acadian Asset Management LLC108,201$3.27M0.01%+15,185+16.3%Added
Sanford Advisory Services, LLC86,640$2.62M0.67%00.0%Unchanged
Parametric Portfolio Associates LLC68,621$2.07M0.00%+8,616+14.4%Added
Nuveen Asset Management, LLC66,798$2.02M0.00%−2,718−3.9%Reduced
LaFleur & Godfrey LLC51,314$1.55M0.22%−3,140−5.8%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.51M1.21%00.0%Unchanged
First Trust Advisors LP47,557$1.44M0.00%+11,708+32.7%Added
Two Sigma Advisers, LP45,684$1.38M0.00%+36,484+396.6%Added
Thrivent Financial for Lutherans45,050$1.36M0.00%+2,900+6.9%Added
Victory Capital Management Inc44,906$1.36M0.00%−2,344−5.0%Reduced
AQR Capital Management LLC43,588$1.32M0.00%+16,382+60.2%Added
Bridgeway Capital Management, LLC43,000$1.30M0.02%+43,000New
jvl associates llc42,640$1.29M0.89%00.0%Unchanged
Citadel Advisors LLC42,120$1.27M0.00%−4,480−9.6%Reduced
American Century Companies Inc36,680$1.11M0.00%+8,773+31.4%Added
Oberweis Asset Management Inc36,074$1.09M0.24%−398−1.1%Reduced
Morgan Stanley35,871$1.08M0.00%+10,092+39.1%Added
Two Sigma Investments, LP35,566$1.07M0.00%+35,566New
Wells Fargo & Company34,264$1.03M0.00%−35,831−51.1%Reduced
Swiss National Bank34,200$1.03M0.00%−700−2.0%Reduced
Goldman Sachs Group Inc31,313$946.0K0.00%+6,514+26.3%Added
Arrowstreet Capital, Limited Partnership29,808$900.0K0.00%−5,152−14.7%Reduced
Envestnet Asset Management Inc29,026$877.0K0.00%+648+2.3%Added
First National Bank of Omaha26,153$849.0K0.04%00.0%Unchanged
Shakespeare Wealth Management, Inc.25,834$843.0K0.32%00.0%Unchanged
Ameriprise Financial Inc25,232$762.0K0.00%+92+0.4%Added
HRT Financial LP24,953$753.0K0.01%+5,486+28.2%Added
Rhumbline Advisers23,590$712.0K0.00%−3,019−11.3%Reduced
Invesco Ltd.23,495$710.0K0.00%+2,257+10.6%Added
JPMorgan Chase & Co22,976$694.0K0.00%−25,127−52.2%Reduced
Millennium Management LLC22,355$675.0K0.00%+14,218+174.7%Added
California State Teachers Retirement System21,936$662.0K0.00%−1,891−7.9%Reduced
STRS Ohio21,900$661.0K0.00%+2,100+10.6%Added
Round Hill Asset Management20,207$610.0K0.30%00.0%Unchanged
BHZ Capital Management, LP18,793$568.0K0.21%+7,283+63.3%Added
Regal Investment Advisors LLC18,650$563.0K0.06%+18,650New
Baird Financial Group, Inc.17,715$535.0K0.00%00.0%Unchanged
Cornercap Investment Counsel Inc17,693$534.0K0.06%+17,693New
Los Angeles Capital Management LLC15,856$479.0K0.00%−870−5.2%Reduced
Fifth Third Bancorp15,613$472.0K0.00%00.0%Unchanged
Voya Investment Management LLC13,928$421.0K0.00%+6,069+77.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC13,336$403.0K0.00%00.0%Unchanged
Deutsche Bank AG13,012$393.0K0.00%−736−5.4%Reduced
New York State Common Retirement Fund12,831$387.0K0.00%−3,169−19.8%Reduced
IndexIQ Advisors LLC12,460$376.0K0.01%+294+2.4%Added
Manufacturers Life Insurance Company, The10,923$330.0K0.00%+1,332+13.9%Added
The PNC Financial Services Group, Inc.10,480$317.0K0.00%+418+4.2%Added
Credit Suisse AG9,967$301.0K0.00%−874−8.1%Reduced
SEI Investments Co9,400$284.0K0.00%00.0%Unchanged
Alliancebernstein L.P.9,291$281.0K0.00%−1,700−15.5%Reduced
Azimuth Capital Management LLC9,189$278.0K0.01%00.0%Unchanged
American International Group, Inc.8,863$268.0K0.00%−348−3.8%Reduced
Trexquant Investment LP8,868$268.0K0.02%+1,134+14.7%Added
Dynamic Advisor Solutions LLC8,000$242.0K0.02%00.0%Unchanged
California Public Employees Retirement System7,867$238.0K0.00%−24,287−75.5%Reduced
MetLife Investment Management7,713$232.9K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC7,179$216.0K0.00%+59+0.8%Added
Pitcairn Co7,064$213.0K0.01%−143−2.0%Reduced
Panagora Asset Management Inc6,509$197.0K0.00%−2,346−26.5%Reduced
Metropolitan Life Insurance Co5,507$166.3K0.00%00.0%Unchanged
US Bancorp5,485$165.0K0.00%−1,263−18.7%Reduced
Tower Research Capital LLC (TRC)5,439$164.0K0.00%+4,456+453.3%Added
Advisor Group Holdings, Inc.5,060$152.0K0.00%−565−10.0%Reduced
Federated Hermes, Inc.4,821$146.0K0.00%00.0%Unchanged
Russell Investments Group, Ltd.4,061$121.0K0.00%00.0%Unchanged
Legal & General Group Plc3,301$99.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,850$86.0K0.00%00.0%Unchanged
BNP Paribas Arbitrage, SA2,167$65.4K0.00%−5,145−70.4%Reduced
Barclays PLC2,044$62.0K0.00%−11,222−84.6%Reduced
Heritage Wealth Management, LLC1,854$56.0K0.02%+701+60.8%Added
UBS Group AG1,625$49.0K0.00%−7,709−82.6%Reduced
Ameritas Investment Partners, Inc.1,436$43.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$42.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,285$39.0K0.00%+26+2.1%Added
Citigroup Inc1,045$32.0K0.00%−1,806−63.3%Reduced
Harbour Investments, Inc.1,000$30.0K0.00%00.0%Unchanged
Lazard Asset Management LLC837$25.0K0.00%+837New
First Horizon Advisors, Inc.764$23.0K0.00%+98+14.7%Added
Huntington National Bank501$15.0K0.00%00.0%Unchanged
ClariVest Asset Management LLC421$13.0K0.00%00.0%Unchanged
FMR LLC377$11.0K0.00%−1−0.3%Reduced
Center for Financial Planning, Inc.283$9.00K0.00%−2,501−89.8%Reduced
Macquarie Group Ltd288$9.00K0.00%00.0%Unchanged
Quadrant Capital Group LLC221$7.00K0.00%+174+370.2%Added