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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, Q3 2021

Institutional positions in Mercantile Bank Corp as of Sep 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
116
+4 vs. Q2 2021
Shares held
8.40M
−204.6K (−2.4%) vs. Q2 2021
Total value
$268.9M
+$8.96M (+3.4%) vs. Q2 2021
New holders
9
38 more added
Sold out
5
41 more reduced

Compare with Q2 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 holdersQ3 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 heldQ3 2021: $268.9M
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, Q3 2021

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2021.

Institutions holding MBWM in Q3 2021
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,376,009$44.1M0.00%−40,070−2.8%Reduced
Dimensional Fund Advisors LP1,178,132$37.7M0.01%−9,387−0.8%Reduced
Vanguard Group Inc746,776$23.9M0.00%−14,569−1.9%Reduced
Renaissance Technologies LLC693,913$22.2M0.03%−63,300−8.4%Reduced
Banc Funds Co LLC465,945$14.9M1.14%−82,212−15.0%Reduced
Tributary Capital Management, LLC337,614$10.8M0.84%−5,024−1.5%Reduced
State Street Corp319,981$10.2M0.00%−6,382−2.0%Reduced
North Star Asset Management Inc279,361$8.95M0.49%+1,160+0.4%Added
Geode Capital Management, LLC269,216$8.62M0.00%−1,294−0.5%Reduced
Northern Trust Corp196,598$6.30M0.00%−12,824−6.1%Reduced
LSV Asset Management164,770$5.28M0.01%−8,100−4.7%Reduced
Hotchkis & Wiley Capital Management LLC145,150$4.65M0.01%−2,590−1.8%Reduced
Charles Schwab Investment Management Inc134,332$4.30M0.00%−9,657−6.7%Reduced
Bank of New York Mellon Corp119,837$3.84M0.00%+2,722+2.3%Added
Acadian Asset Management LLC117,070$3.75M0.01%+8,869+8.2%Added
Parametric Portfolio Associates LLC88,651$2.84M0.00%+20,030+29.2%Added
Sanford Advisory Services, LLC86,640$2.77M0.70%00.0%Unchanged
Royal Bank of Canada85,127$2.73M0.00%−27,362−24.3%Reduced
Bank of America Corp65,856$2.11M0.00%−50,206−43.3%Reduced
Nuveen Asset Management, LLC62,471$1.90M0.00%−4,327−6.5%Reduced
Bridgeway Capital Management, LLC57,700$1.85M0.04%+14,700+34.2%Added
John W. Rosenthal Capital Management, Inc.50,000$1.60M1.21%00.0%Unchanged
AQR Capital Management LLC49,854$1.60M0.00%+6,266+14.4%Added
Thrivent Financial for Lutherans45,906$1.47M0.00%+856+1.9%Added
Victory Capital Management Inc45,300$1.45M0.00%+394+0.9%Added
LaFleur & Godfrey LLC44,352$1.42M0.20%−6,962−13.6%Reduced
First Trust Advisors LP43,640$1.40M0.00%−3,917−8.2%Reduced
Two Sigma Advisers, LP43,484$1.39M0.00%−2,200−4.8%Reduced
jvl associates llc42,654$1.37M0.94%+140.0%Added
American Century Companies Inc42,249$1.35M0.00%+5,569+15.2%Added
Morgan Stanley41,757$1.34M0.00%+5,886+16.4%Added
HRT Financial LP40,770$1.30M0.01%+15,817+63.4%Added
Oberweis Asset Management Inc39,828$1.28M0.26%+3,754+10.4%Added
Arrowstreet Capital, Limited Partnership39,309$1.26M0.00%+9,501+31.9%Added
BHZ Capital Management, LP39,256$1.26M0.47%+20,463+108.9%Added
Two Sigma Investments, LP38,983$1.25M0.00%+3,417+9.6%Added
Cornercap Investment Counsel Inc35,044$1.12M0.13%+17,351+98.1%Added
Swiss National Bank34,200$1.09M0.00%00.0%Unchanged
Wells Fargo & Company32,885$1.05M0.00%−1,379−4.0%Reduced
Envestnet Asset Management Inc29,480$944.0K0.00%+454+1.6%Added
Goldman Sachs Group Inc29,179$935.0K0.00%−2,134−6.8%Reduced
Shakespeare Wealth Management, Inc.25,834$847.0K0.33%00.0%Unchanged
Invesco Ltd.25,343$812.0K0.00%+1,848+7.9%Added
Rhumbline Advisers24,290$778.0K0.00%+700+3.0%Added
Ameriprise Financial Inc24,041$770.0K0.00%−1,191−4.7%Reduced
First National Bank of Omaha23,655$758.0K0.04%−2,498−9.6%Reduced
Citadel Advisors LLC23,183$743.0K0.00%−18,937−45.0%Reduced
JPMorgan Chase & Co22,508$721.0K0.00%−468−2.0%Reduced
STRS Ohio21,900$701.0K0.00%00.0%Unchanged
California State Teachers Retirement System21,376$685.0K0.00%−560−2.6%Reduced
Round Hill Asset Management20,207$647.0K0.32%00.0%Unchanged
Regal Investment Advisors LLC17,686$566.0K0.05%−964−5.2%Reduced
Baird Financial Group, Inc.17,675$566.0K0.00%−40−0.2%Reduced
Fifth Third Bancorp15,613$500.0K0.00%00.0%Unchanged
Marshall Wace, LLP14,765$473.0K0.00%+14,765New
Los Angeles Capital Management LLC14,376$460.0K0.00%−1,480−9.3%Reduced
Voya Investment Management LLC14,144$453.0K0.00%+216+1.6%Added
IndexIQ Advisors LLC13,847$444.0K0.01%+1,387+11.1%Added
Eidelman Virant Capital13,575$440.0K0.17%+13,575New
Grantham, Mayo, Van Otterloo & Co. LLC13,336$427.0K0.00%00.0%Unchanged
New York State Common Retirement Fund12,827$411.0K0.00%−40.0%Reduced
Deutsche Bank AG12,572$403.0K0.00%−440−3.4%Reduced
Millennium Management LLC11,430$366.0K0.00%−10,925−48.9%Reduced
Credit Suisse AG11,346$363.0K0.00%+1,379+13.8%Added
The PNC Financial Services Group, Inc.10,775$345.0K0.00%+295+2.8%Added
Prudential Financial Inc11,247$342.0K0.00%+11,247New
SG Americas Securities, LLC10,561$338.0K0.00%+10,561New
Russell Investments Group, Ltd.10,275$328.0K0.00%+6,214+153.0%Added
SEI Investments Co9,400$301.0K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The9,340$299.0K0.00%−1,583−14.5%Reduced
Azimuth Capital Management LLC9,189$294.0K0.01%00.0%Unchanged
American International Group, Inc.8,514$273.0K0.00%−349−3.9%Reduced
Dynamic Advisor Solutions LLC8,000$256.0K0.02%00.0%Unchanged
MetLife Investment Management7,713$247.0K0.00%00.0%Unchanged
Alliancebernstein L.P.7,691$246.0K0.00%−1,600−17.2%Reduced
Pitcairn Co7,106$227.0K0.02%+42+0.6%Added
Barclays PLC6,996$224.0K0.00%+4,952+242.3%Added
Panagora Asset Management Inc6,467$207.0K0.00%−42−0.6%Reduced
Zebra Capital Management LLC6,419$206.0K0.25%+6,419New
Legal & General Group Plc6,367$204.0K0.00%+3,066+92.9%Added
US Bancorp5,535$178.0K0.00%+50+0.9%Added
Metropolitan Life Insurance Co5,507$176.4K0.00%00.0%Unchanged
Advisor Group Holdings, Inc.5,042$161.0K0.00%−18−0.4%Reduced
Federated Hermes, Inc.4,823$154.0K0.00%+20.0%Added
BNP Paribas Arbitrage, SA4,409$141.2K0.00%+2,242+103.5%Added
Nisa Investment Advisors, LLC2,850$91.0K0.00%00.0%Unchanged
Heritage Wealth Management, LLC2,236$72.0K0.03%+382+20.6%Added
Citigroup Inc1,981$63.0K0.00%+936+89.6%Added
UBS Group AG1,425$46.0K0.00%−200−12.3%Reduced
Ameritas Investment Partners, Inc.1,436$46.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$45.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,285$42.0K0.00%00.0%Unchanged
New York State Teachers Retirement System1,300$42.0K0.00%+1,300New
Harbour Investments, Inc.1,000$32.0K0.00%00.0%Unchanged
Lazard Asset Management LLC759$24.0K0.00%−78−9.3%Reduced
First Horizon Advisors, Inc.764$24.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)682$21.0K0.00%−4,757−87.5%Reduced
Huntington National Bank501$16.0K0.00%00.0%Unchanged
Ellis Investment Partners, LLC503$16.0K0.00%+503New
ClariVest Asset Management LLC421$13.0K0.00%00.0%Unchanged