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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, Q4 2021

Institutional positions in Mercantile Bank Corp as of Dec 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
120
+6 vs. Q3 2021
Shares held
8.48M
+82.1K (+1.0%) vs. Q3 2021
Total value
$296.9M
+$28.1M (+10.5%) vs. Q3 2021
New holders
15
26 more added
Sold out
9
46 more reduced

2 institutions that held it in Q3 2021 haven't filed for Q4 2021 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2021: 120 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 heldQ4 2021: $297.6M
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, Q4 2021

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q3 2021.

Institutions holding MBWM in Q4 2021
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,372,640$48.1M0.00%−3,369−0.2%Reduced
Dimensional Fund Advisors LP1,148,096$40.2M0.01%−30,036−2.5%Reduced
Vanguard Group Inc734,213$25.7M0.00%−12,563−1.7%Reduced
Renaissance Technologies LLC679,213$23.8M0.03%−14,700−2.1%Reduced
Banc Funds Co LLC465,945$16.3M1.23%00.0%Unchanged
State Street Corp318,900$11.2M0.00%−1,081−0.3%Reduced
Tributary Capital Management, LLC317,920$11.1M0.84%−19,694−5.8%Reduced
North Star Asset Management Inc285,797$10.0M0.50%+6,436+2.3%Added
Geode Capital Management, LLC255,817$8.96M0.00%−13,399−5.0%Reduced
Northern Trust Corp184,792$6.47M0.00%−11,806−6.0%Reduced
LSV Asset Management147,695$5.17M0.01%−17,075−10.4%Reduced
Hotchkis & Wiley Capital Management LLC143,450$5.03M0.02%−1,700−1.2%Reduced
Charles Schwab Investment Management Inc136,072$4.77M0.00%+1,740+1.3%Added
Acadian Asset Management LLC133,938$4.69M0.02%+16,868+14.4%Added
Stieven Capital Advisors, L.P.120,133$4.21M0.51%+120,133New
Bank of New York Mellon Corp119,793$4.20M0.00%−440.0%Reduced
Parametric Portfolio Associates LLC92,645$3.25M0.00%+3,994+4.5%Added
Sanford Advisory Services, LLC86,640$3.04M0.68%00.0%Unchanged
Bank of America Corp75,840$2.66M0.00%+9,984+15.2%Added
Royal Bank of Canada74,535$2.61M0.00%−10,592−12.4%Reduced
Morgan Stanley64,247$2.25M0.00%+22,490+53.9%Added
Bridgeway Capital Management, LLC57,700$2.02M0.04%00.0%Unchanged
American Century Companies Inc56,794$1.99M0.00%+14,545+34.4%Added
Nuveen Asset Management, LLC54,717$1.86M0.00%−7,754−12.4%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.75M1.32%00.0%Unchanged
AQR Capital Management LLC48,980$1.72M0.00%−874−1.8%Reduced
Wells Fargo & Company47,699$1.67M0.00%+14,814+45.0%Added
Victory Capital Management Inc47,000$1.65M0.00%+1,700+3.8%Added
LaFleur & Godfrey LLC44,357$1.55M0.20%+50.0%Added
BHZ Capital Management, LP44,330$1.55M0.62%+5,074+12.9%Added
Thrivent Financial for Lutherans43,540$1.52M0.00%−2,366−5.2%Reduced
First Trust Advisors LP43,001$1.51M0.00%−639−1.5%Reduced
jvl associates llc42,654$1.49M0.93%00.0%Unchanged
Oberweis Asset Management Inc39,834$1.40M0.25%+60.0%Added
JPMorgan Chase & Co37,592$1.32M0.00%+15,084+67.0%Added
Assenagon Asset Management S.A.35,926$1.26M0.00%+35,926New
Two Sigma Advisers, LP35,684$1.25M0.00%−7,800−17.9%Reduced
Cornercap Investment Counsel Inc35,044$1.23M0.18%00.0%Unchanged
Swiss National Bank33,200$1.16M0.00%−1,000−2.9%Reduced
HRT Financial LP29,912$1.05M0.01%−10,858−26.6%Reduced
Envestnet Asset Management Inc28,488$998.0K0.00%−992−3.4%Reduced
Citadel Advisors LLC25,991$910.0K0.00%+2,808+12.1%Added
Shakespeare Wealth Management, Inc.25,834$905.0K0.32%00.0%Unchanged
Rhumbline Advisers24,194$848.0K0.00%−96−0.4%Reduced
Ameriprise Financial Inc24,041$842.0K0.00%00.0%Unchanged
Invesco Ltd.23,671$829.0K0.00%−1,672−6.6%Reduced
First National Bank of Omaha21,896$767.0K0.04%−1,759−7.4%Reduced
STRS Ohio21,900$767.0K0.00%00.0%Unchanged
Two Sigma Investments, LP21,229$744.0K0.00%−17,754−45.5%Reduced
California State Teachers Retirement System21,094$739.0K0.00%−282−1.3%Reduced
Round Hill Asset Management20,207$708.0K0.36%00.0%Unchanged
Goldman Sachs Group Inc20,061$703.0K0.00%−9,118−31.2%Reduced
Barclays PLC19,256$674.0K0.00%+12,260+175.2%Added
Voya Investment Management LLC18,853$660.0K0.00%+4,709+33.3%Added
Baird Financial Group, Inc.17,675$619.0K0.00%00.0%Unchanged
Regal Investment Advisors LLC17,066$598.0K0.05%−620−3.5%Reduced
Seizert Capital Partners, LLC16,007$561.0K0.03%+16,007New
Fifth Third Bancorp15,613$547.0K0.00%00.0%Unchanged
Los Angeles Capital Management LLC14,376$504.0K0.00%00.0%Unchanged
Eidelman Virant Capital13,575$477.0K0.17%00.0%Unchanged
Grantham, Mayo, Van Otterloo & Co. LLC13,336$467.0K0.00%00.0%Unchanged
IndexIQ Advisors LLC13,006$456.0K0.02%−841−6.1%Reduced
New York State Common Retirement Fund12,827$449.0K0.00%00.0%Unchanged
Deutsche Bank AG12,506$438.0K0.00%−66−0.5%Reduced
Gyon Technologies Capital Management, LP12,466$437.0K0.08%+12,466New
Credit Suisse AG11,977$420.0K0.00%+631+5.6%Added
The PNC Financial Services Group, Inc.11,546$404.0K0.00%+771+7.2%Added
Strategies Wealth Advisors, LLC11,289$395.5K0.11%+11,289New
Allspring Global Investments Holdings, LLC10,822$379.0K0.00%+10,822New
Azimuth Capital Management LLC9,189$322.0K0.01%00.0%Unchanged
Manufacturers Life Insurance Company, The8,959$314.0K0.00%−381−4.1%Reduced
American International Group, Inc.8,152$286.0K0.00%−362−4.3%Reduced
Dynamic Advisor Solutions LLC8,000$280.0K0.02%00.0%Unchanged
UBS Group AG7,905$277.0K0.00%+6,480+454.7%Added
SEI Investments Co7,800$273.0K0.00%−1,600−17.0%Reduced
Alliancebernstein L.P.7,291$255.0K0.00%−400−5.2%Reduced
Pitcairn Co7,044$247.0K0.02%−62−0.9%Reduced
BNP Paribas Arbitrage, SA6,953$243.6K0.00%+2,544+57.7%Added
LPL Financial LLC6,547$229.0K0.00%+6,547New
Panagora Asset Management Inc6,467$227.0K0.00%00.0%Unchanged
Prudential Financial Inc6,270$226.0K0.00%−4,977−44.3%Reduced
Legal & General Group Plc6,367$223.0K0.00%00.0%Unchanged
Commonwealth Equity Services, LLC5,908$206.0K0.00%+5,908New
Millennium Management LLC5,851$205.0K0.00%−5,579−48.8%Reduced
Well Done, LLC5,781$203.0K0.04%+5,781New
Stifel Financial Corp5,779$202.0K0.00%+5,779New
MetLife Investment Management5,350$187.4K0.00%−2,363−30.6%Reduced
US Bancorp5,214$183.0K0.00%−321−5.8%Reduced
Advisor Group Holdings, Inc.5,146$180.0K0.00%+104+2.1%Added
Federated Hermes, Inc.4,825$169.0K0.00%+20.0%Added
SG Americas Securities, LLC4,770$167.0K0.00%−5,791−54.8%Reduced
Metropolitan Life Insurance Co4,134$144.8K0.00%−1,373−24.9%Reduced
Citigroup Inc3,975$139.0K0.00%+1,994+100.7%Added
Nisa Investment Advisors, LLC2,620$101.0K0.00%−230−8.1%Reduced
Tower Research Capital LLC (TRC)2,608$91.0K0.00%+1,926+282.4%Added
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$49.0K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,185$42.0K0.00%−251−17.5%Reduced
Russell Investments Group, Ltd.1,190$41.0K0.00%−9,085−88.4%Reduced
Great West Life Assurance Co1,133$39.0K0.00%−152−11.8%Reduced
Umb Bank N A923$32.0K0.00%+923New