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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, Q1 2022

Institutional positions in Mercantile Bank Corp as of Mar 31, 2022. 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
122
+2 vs. Q4 2021
Shares held
8.68M
+207.9K (+2.5%) vs. Q4 2021
Total value
$307.7M
+$10.8M (+3.6%) vs. Q4 2021
New holders
12
44 more added
Sold out
10
44 more reduced

Compare with Q4 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 holdersQ1 2022: 122 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 heldQ1 2022: $307.7M
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, Q1 2022

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q4 2021.

Institutions holding MBWM in Q1 2022
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,349,943$47.8M0.00%−22,697−1.7%Reduced
Dimensional Fund Advisors LP1,153,934$40.9M0.01%+5,838+0.5%Added
Vanguard Group Inc764,595$27.1M0.00%+30,382+4.1%Added
Renaissance Technologies LLC668,513$23.7M0.03%−10,700−1.6%Reduced
Banc Funds Co LLC490,158$17.4M1.36%+24,213+5.2%Added
State Street Corp427,289$15.1M0.00%+108,389+34.0%Added
Tributary Capital Management, LLC333,967$11.8M0.93%+16,047+5.0%Added
North Star Asset Management Inc285,334$10.1M0.56%−463−0.2%Reduced
Geode Capital Management, LLC257,849$9.13M0.00%+2,032+0.8%Added
Stieven Capital Advisors, L.P.238,683$8.45M1.12%+118,550+98.7%Added
Northern Trust Corp180,748$6.40M0.00%−4,044−2.2%Reduced
LSV Asset Management144,637$5.12M0.01%−3,058−2.1%Reduced
Acadian Asset Management LLC144,287$5.11M0.02%+10,349+7.7%Added
Hotchkis & Wiley Capital Management LLC142,510$5.05M0.02%−940−0.7%Reduced
Bank of New York Mellon Corp112,503$3.98M0.00%−7,290−6.1%Reduced
Charles Schwab Investment Management Inc106,222$3.76M0.00%−29,850−21.9%Reduced
Royal Bank of Canada92,347$3.27M0.00%+17,812+23.9%Added
Parametric Portfolio Associates LLC87,438$3.10M0.00%−5,207−5.6%Reduced
Sanford Advisory Services, LLC86,640$3.07M0.84%00.0%Unchanged
American Century Companies Inc73,259$2.60M0.00%+16,465+29.0%Added
Bank of America Corp62,634$2.22M0.00%−13,206−17.4%Reduced
Morgan Stanley58,027$2.06M0.00%−6,220−9.7%Reduced
Nuveen Asset Management, LLC55,292$2.04M0.00%+575+1.1%Added
Bridgeway Capital Management, LLC57,700$2.04M0.04%00.0%Unchanged
John W. Rosenthal Capital Management, Inc.50,000$1.77M1.39%00.0%Unchanged
Wells Fargo & Company46,988$1.67M0.00%−711−1.5%Reduced
BHZ Capital Management, LP46,178$1.64M0.63%+1,848+4.2%Added
LaFleur & Godfrey LLC44,363$1.57M0.21%+60.0%Added
jvl associates llc42,912$1.52M0.94%+258+0.6%Added
Citadel Advisors LLC42,087$1.49M0.00%+16,096+61.9%Added
Invesco Ltd.41,877$1.48M0.00%+18,206+76.9%Added
Victory Capital Management Inc40,250$1.43M0.00%−6,750−14.4%Reduced
Oberweis Asset Management Inc39,839$1.41M0.28%+50.0%Added
AQR Capital Management LLC37,223$1.32M0.00%−11,757−24.0%Reduced
Two Sigma Advisers, LP37,184$1.32M0.00%+1,500+4.2%Added
First Trust Advisors LP36,686$1.30M0.00%−6,315−14.7%Reduced
Swiss National Bank35,200$1.25M0.00%+2,000+6.0%Added
Assenagon Asset Management S.A.34,690$1.23M0.00%−1,236−3.4%Reduced
Thrivent Financial for Lutherans33,397$1.18M0.00%−10,143−23.3%Reduced
Two Sigma Investments, LP31,982$1.13M0.00%+10,753+50.7%Added
Envestnet Asset Management Inc31,236$1.11M0.00%+2,748+9.6%Added
Cornercap Investment Counsel Inc28,542$1.01M0.11%−6,502−18.6%Reduced
Goldman Sachs Group Inc26,920$953.0K0.00%+6,859+34.2%Added
Shakespeare Wealth Management, Inc.25,834$899.0K0.32%00.0%Unchanged
Ameriprise Financial Inc24,041$852.0K0.00%00.0%Unchanged
JPMorgan Chase & Co23,464$831.0K0.00%−14,128−37.6%Reduced
Rhumbline Advisers22,234$788.0K0.00%−1,960−8.1%Reduced
Jacobs Levy Equity Management, Inc20,358$721.0K0.00%+20,358New
Round Hill Asset Management20,207$716.0K0.38%00.0%Unchanged
STRS Ohio20,000$708.0K0.00%−1,900−8.7%Reduced
California State Teachers Retirement System19,455$689.0K0.00%−1,639−7.8%Reduced
Baird Financial Group, Inc.17,675$626.0K0.00%00.0%Unchanged
Regal Investment Advisors LLC17,091$605.0K0.06%+25+0.1%Added
First National Bank of Omaha16,218$574.0K0.03%−5,678−25.9%Reduced
Seizert Capital Partners, LLC16,007$567.0K0.03%00.0%Unchanged
Los Angeles Capital Management LLC14,376$509.0K0.00%00.0%Unchanged
Eidelman Virant Capital13,575$480.0K0.26%00.0%Unchanged
Allspring Global Investments Holdings, LLC13,400$474.0K0.00%+2,578+23.8%Added
New York State Common Retirement Fund12,842$455.0K0.00%+15+0.1%Added
Barclays PLC12,463$441.0K0.00%−6,793−35.3%Reduced
Financial Counselors Inc12,328$437.0K0.01%+12,328New
Quadrature Capital Ltd11,918$422.0K0.02%+11,918New
Credit Suisse AG11,690$414.0K0.00%−287−2.4%Reduced
Grantham, Mayo, Van Otterloo & Co. LLC11,536$409.0K0.00%−1,800−13.5%Reduced
Strategies Wealth Advisors, LLC11,312$400.7K0.11%+23+0.2%Added
Panagora Asset Management Inc10,452$370.0K0.00%+3,985+61.6%Added
Hennion & Walsh Asset Management, Inc.10,091$357.0K0.02%+10,091New
Azimuth Capital Management LLC9,189$325.0K0.01%00.0%Unchanged
Deutsche Bank AG9,096$322.0K0.00%−3,410−27.3%Reduced
MetLife Investment Management8,397$297.4K0.00%+3,047+57.0%Added
The PNC Financial Services Group, Inc.8,008$283.0K0.00%−3,538−30.6%Reduced
Jump Financial, LLC7,955$283.0K0.01%+7,955New
American International Group, Inc.7,698$273.0K0.00%−454−5.6%Reduced
Dynamic Advisor Solutions LLC7,500$266.0K0.02%−500−6.3%Reduced
Legal & General Group Plc7,367$261.0K0.00%+1,000+15.7%Added
Manufacturers Life Insurance Company, The7,136$252.8K0.00%−1,823−20.3%Reduced
Voya Investment Management LLC6,981$247.0K0.00%−11,872−63.0%Reduced
Pitcairn Co6,731$238.0K0.02%−313−4.4%Reduced
Alliancebernstein L.P.6,691$237.0K0.00%−600−8.2%Reduced
LPL Financial LLC6,670$236.0K0.00%+123+1.9%Added
UBS Group AG6,636$235.0K0.00%−1,269−16.1%Reduced
Prudential Financial Inc6,308$223.0K0.00%+38+0.6%Added
US Bancorp6,180$219.0K0.00%+966+18.5%Added
FMR LLC6,084$215.0K0.00%+5,707+1,513.8%Added
Stifel Financial Corp6,007$213.0K0.00%+228+3.9%Added
Commonwealth Equity Services, LLC5,929$210.0K0.00%+21+0.4%Added
Well Done, LLC5,796$205.0K0.04%+15+0.3%Added
Tower Research Capital LLC (TRC)5,170$183.0K0.00%+2,562+98.2%Added
Advisor Group Holdings, Inc.5,098$181.0K0.00%−48−0.9%Reduced
Federated Hermes, Inc.4,873$173.0K0.00%+48+1.0%Added
Heritage Wealth Management, LLC4,564$162.0K0.04%+4,564New
BNP Paribas Arbitrage, SA4,067$144.1K0.00%−2,886−41.5%Reduced
Public Employees Retirement System of Ohio3,760$133.0K0.00%+3,760New
Fifth Third Bancorp2,837$100.0K0.00%−12,776−81.8%Reduced
Nisa Investment Advisors, LLC2,620$93.0K0.00%00.0%Unchanged
Amalgamated Bank1,847$65.0K0.00%+1,847New
Amalgamated Financial Corp.1,847$65.0K0.00%+1,847New
Great West Life Assurance Co1,396$52.0K0.00%+263+23.2%Added
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$50.0K0.00%00.0%Unchanged
Citigroup Inc1,397$49.0K0.00%−2,578−64.9%Reduced