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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
Royal Bank of Canada74,535$2.61M0.00%−10,592−12.4%Reduced
Bank of America Corp75,840$2.66M0.00%+9,984+15.2%Added
Sanford Advisory Services, LLC86,640$3.04M0.69%00.0%Unchanged
Parametric Portfolio Associates LLC92,645$3.25M0.00%+3,994+4.5%Added
Bank of New York Mellon Corp119,793$4.20M0.00%−440.0%Reduced
Stieven Capital Advisors, L.P.120,133$4.21M0.51%+120,133New
Acadian Asset Management LLC133,938$4.69M0.02%+16,868+14.4%Added
Charles Schwab Investment Management Inc136,072$4.77M0.00%+1,740+1.3%Added
Hotchkis & Wiley Capital Management LLC143,450$5.03M0.02%−1,700−1.2%Reduced
LSV Asset Management147,695$5.17M0.01%−17,075−10.4%Reduced
Northern Trust Corp184,792$6.47M0.00%−11,806−6.0%Reduced
Geode Capital Management, LLC255,817$8.96M0.00%−13,399−5.0%Reduced
North Star Asset Management Inc285,797$10.0M0.50%+6,436+2.3%Added
Tributary Capital Management, LLC317,920$11.1M0.84%−19,694−5.8%Reduced
State Street Corp318,900$11.2M0.00%−1,081−0.3%Reduced
Banc Funds Co LLC465,945$16.3M1.23%00.0%Unchanged
Renaissance Technologies LLC679,213$23.8M0.03%−14,700−2.1%Reduced
Vanguard Group Inc734,213$25.7M0.00%−12,563−1.7%Reduced
Dimensional Fund Advisors LP1,148,096$40.2M0.01%−30,036−2.5%Reduced
BlackRock Inc.1,372,640$48.1M0.00%−3,369−0.2%Reduced
Arrowstreet Capital, Limited Partnership0$00.00%−39,309−100.0%Sold out
Marshall Wace, LLP0$00.00%−14,765−100.0%Sold out
Zebra Capital Management LLC0$00.00%−6,419−100.0%Sold out
New York State Teachers Retirement System0$00.00%−1,300−100.0%Sold out
Harbour Investments, Inc.0$00.00%−1,000−100.0%Sold out
Liberty Wealth Management LLC0$00.00%−338−100.0%Sold out
O'Shaughnessy Asset Management, LLC0$00.00%−149−100.0%Sold out
Simplex Trading, LLC0$00.00%−60−100.0%Sold out
Meridian Wealth Partners, LLC0$00.00%−11−100.0%Sold out
Heritage Wealth Management, LLC––––Not filed
Berman Capital Advisors, LLC––––Not filed