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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, 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: $296.9M
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, 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
Glassman Wealth Services6$00.00%00.0%Unchanged
Toronto Dominion Bank2$00.00%+2New
Cornerstone Management, Inc.39$1.37K0.00%+39New
Signaturefd, LLC61$2.00K0.00%00.0%Unchanged
Quadrant Capital Group LLC54$2.00K0.00%00.0%Unchanged
Wagner Wealth Management, LLC75$3.00K0.00%00.0%Unchanged
Private Capital Group, LLC75$3.00K0.00%00.0%Unchanged
IFP Advisors, Inc122$4.00K0.00%+11+9.9%Added
Parallel Advisors, LLC114$4.00K0.00%00.0%Unchanged
Covestor Ltd116$4.00K0.01%+116New
Johnson Financial Group, Inc.137$5.00K0.00%−9−6.2%Reduced
Aquatic Capital Management LLC200$7.00K0.01%+200New
Macquarie Group Ltd288$10.0K0.00%00.0%Unchanged
Center for Financial Planning, Inc.283$10.0K0.00%00.0%Unchanged
FMR LLC377$13.0K0.00%−1−0.3%Reduced
ClariVest Asset Management LLC421$15.0K0.00%00.0%Unchanged
Ellis Investment Partners, LLC508$17.0K0.00%+5+1.0%Added
Huntington National Bank501$18.0K0.00%00.0%Unchanged
Lazard Asset Management LLC759$26.0K0.00%00.0%Unchanged
First Horizon Advisors, Inc.764$26.0K0.00%00.0%Unchanged
Umb Bank N A923$32.0K0.00%+923New
Great West Life Assurance Co1,133$39.0K0.00%−152−11.8%Reduced
Russell Investments Group, Ltd.1,190$41.0K0.00%−9,085−88.4%Reduced
Ameritas Investment Partners, Inc.1,185$42.0K0.00%−251−17.5%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$49.0K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)2,608$91.0K0.00%+1,926+282.4%Added
Nisa Investment Advisors, LLC2,620$101.0K0.00%−230−8.1%Reduced
Citigroup Inc3,975$139.0K0.00%+1,994+100.7%Added
Metropolitan Life Insurance Co4,134$144.8K0.00%−1,373−24.9%Reduced
SG Americas Securities, LLC4,770$167.0K0.00%−5,791−54.8%Reduced
Federated Hermes, Inc.4,825$169.0K0.00%+20.0%Added
Advisor Group Holdings, Inc.5,146$180.0K0.00%+104+2.1%Added
US Bancorp5,214$183.0K0.00%−321−5.8%Reduced
MetLife Investment Management5,350$187.4K0.00%−2,363−30.6%Reduced
Stifel Financial Corp5,779$202.0K0.00%+5,779New
Well Done, LLC5,781$203.0K0.04%+5,781New
Millennium Management LLC5,851$205.0K0.00%−5,579−48.8%Reduced
Commonwealth Equity Services, LLC5,908$206.0K0.00%+5,908New
Legal & General Group Plc6,367$223.0K0.00%00.0%Unchanged
Prudential Financial Inc6,270$226.0K0.00%−4,977−44.3%Reduced
Panagora Asset Management Inc6,467$227.0K0.00%00.0%Unchanged
LPL Financial LLC6,547$229.0K0.00%+6,547New
BNP Paribas Arbitrage, SA6,953$243.6K0.00%+2,544+57.7%Added
Pitcairn Co7,044$247.0K0.02%−62−0.9%Reduced
Alliancebernstein L.P.7,291$255.0K0.00%−400−5.2%Reduced
SEI Investments Co7,800$273.0K0.00%−1,600−17.0%Reduced
UBS Group AG7,905$277.0K0.00%+6,480+454.7%Added
Dynamic Advisor Solutions LLC8,000$280.0K0.02%00.0%Unchanged
American International Group, Inc.8,152$286.0K0.00%−362−4.3%Reduced
Manufacturers Life Insurance Company, The8,959$314.0K0.00%−381−4.1%Reduced
Azimuth Capital Management LLC9,189$322.0K0.01%00.0%Unchanged
Allspring Global Investments Holdings, LLC10,822$379.0K0.00%+10,822New
Strategies Wealth Advisors, LLC11,289$395.5K0.11%+11,289New
The PNC Financial Services Group, Inc.11,546$404.0K0.00%+771+7.2%Added
Credit Suisse AG11,977$420.0K0.00%+631+5.6%Added
Gyon Technologies Capital Management, LP12,466$437.0K0.08%+12,466New
Deutsche Bank AG12,506$438.0K0.00%−66−0.5%Reduced
New York State Common Retirement Fund12,827$449.0K0.00%00.0%Unchanged
IndexIQ Advisors LLC13,006$456.0K0.02%−841−6.1%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC13,336$467.0K0.00%00.0%Unchanged
Eidelman Virant Capital13,575$477.0K0.18%00.0%Unchanged
Los Angeles Capital Management LLC14,376$504.0K0.00%00.0%Unchanged
Fifth Third Bancorp15,613$547.0K0.00%00.0%Unchanged
Seizert Capital Partners, LLC16,007$561.0K0.03%+16,007New
Regal Investment Advisors LLC17,066$598.0K0.05%−620−3.5%Reduced
Baird Financial Group, Inc.17,675$619.0K0.00%00.0%Unchanged
Voya Investment Management LLC18,853$660.0K0.00%+4,709+33.3%Added
Barclays PLC19,256$674.0K0.00%+12,260+175.2%Added
Goldman Sachs Group Inc20,061$703.0K0.00%−9,118−31.2%Reduced
Round Hill Asset Management20,207$708.0K0.36%00.0%Unchanged
California State Teachers Retirement System21,094$739.0K0.00%−282−1.3%Reduced
Two Sigma Investments, LP21,229$744.0K0.00%−17,754−45.5%Reduced
First National Bank of Omaha21,896$767.0K0.04%−1,759−7.4%Reduced
STRS Ohio21,900$767.0K0.00%00.0%Unchanged
Invesco Ltd.23,671$829.0K0.00%−1,672−6.6%Reduced
Ameriprise Financial Inc24,041$842.0K0.00%00.0%Unchanged
Rhumbline Advisers24,194$848.0K0.00%−96−0.4%Reduced
Shakespeare Wealth Management, Inc.25,834$905.0K0.32%00.0%Unchanged
Citadel Advisors LLC25,991$910.0K0.00%+2,808+12.1%Added
Envestnet Asset Management Inc28,488$998.0K0.00%−992−3.4%Reduced
HRT Financial LP29,912$1.05M0.01%−10,858−26.6%Reduced
Swiss National Bank33,200$1.16M0.00%−1,000−2.9%Reduced
Cornercap Investment Counsel Inc35,044$1.23M0.18%00.0%Unchanged
Two Sigma Advisers, LP35,684$1.25M0.00%−7,800−17.9%Reduced
Assenagon Asset Management S.A.35,926$1.26M0.00%+35,926New
JPMorgan Chase & Co37,592$1.32M0.00%+15,084+67.0%Added
Oberweis Asset Management Inc39,834$1.40M0.25%+60.0%Added
jvl associates llc42,654$1.49M0.93%00.0%Unchanged
First Trust Advisors LP43,001$1.51M0.00%−639−1.5%Reduced
Thrivent Financial for Lutherans43,540$1.52M0.00%−2,366−5.2%Reduced
BHZ Capital Management, LP44,330$1.55M0.62%+5,074+12.9%Added
LaFleur & Godfrey LLC44,357$1.55M0.20%+50.0%Added
Victory Capital Management Inc47,000$1.65M0.00%+1,700+3.8%Added
Wells Fargo & Company47,699$1.67M0.00%+14,814+45.0%Added
AQR Capital Management LLC48,980$1.72M0.00%−874−1.8%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.75M1.32%00.0%Unchanged
Nuveen Asset Management, LLC54,717$1.86M0.00%−7,754−12.4%Reduced
American Century Companies Inc56,794$1.99M0.00%+14,545+34.4%Added
Bridgeway Capital Management, LLC57,700$2.02M0.04%00.0%Unchanged
Morgan Stanley64,247$2.25M0.00%+22,490+53.9%Added