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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, 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: $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, 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
Glassman Wealth Services6$00.00%00.0%Unchanged
Cornerstone Management, Inc.39$1.40K0.00%00.0%Unchanged
Quadrant Capital Group LLC54$2.00K0.00%00.0%Unchanged
Parallel Advisors, LLC82$3.00K0.00%−32−28.1%Reduced
Private Capital Group, LLC75$3.00K0.00%00.0%Unchanged
Signaturefd, LLC80$3.00K0.00%+19+31.1%Added
Johnson Financial Group, Inc.128$5.00K0.00%−9−6.6%Reduced
Covestor Ltd128$5.00K0.00%+12+10.3%Added
IFP Advisors, Inc244$8.00K0.00%+122+100.0%Added
ClariVest Asset Management LLC292$10.0K0.00%−129−30.6%Reduced
Macquarie Group Ltd288$10.0K0.00%00.0%Unchanged
Center for Financial Planning, Inc.283$10.0K0.00%00.0%Unchanged
First Horizon Advisors, Inc.517$18.0K0.00%−247−32.3%Reduced
Huntington National Bank501$18.0K0.00%00.0%Unchanged
Ellis Investment Partners, LLC613$21.0K0.00%+105+20.7%Added
Aquatic Capital Management LLC600$21.0K0.03%+400+200.0%Added
Umb Bank N A923$33.0K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,087$38.5K0.00%−3,047−73.7%Reduced
Ameritas Investment Partners, Inc.1,185$42.0K0.00%00.0%Unchanged
Oliver Lagore Vanvalin Investment Group1,191$42.0K0.03%+1,191New
SWS Partners1,200$43.0K0.03%+1,200New
Dorsey Wright & Associates1,236$44.0K0.01%+1,236New
Citigroup Inc1,397$49.0K0.00%−2,578−64.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$50.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,396$52.0K0.00%+263+23.2%Added
Amalgamated Bank1,847$65.0K0.00%+1,847New
Amalgamated Financial Corp.1,847$65.0K0.00%+1,847New
Nisa Investment Advisors, LLC2,620$93.0K0.00%00.0%Unchanged
Fifth Third Bancorp2,837$100.0K0.00%−12,776−81.8%Reduced
Public Employees Retirement System of Ohio3,760$133.0K0.00%+3,760New
BNP Paribas Arbitrage, SA4,067$144.1K0.00%−2,886−41.5%Reduced
Heritage Wealth Management, LLC4,564$162.0K0.04%+4,564New
Federated Hermes, Inc.4,873$173.0K0.00%+48+1.0%Added
Advisor Group Holdings, Inc.5,098$181.0K0.00%−48−0.9%Reduced
Tower Research Capital LLC (TRC)5,170$183.0K0.00%+2,562+98.2%Added
Well Done, LLC5,796$205.0K0.04%+15+0.3%Added
Commonwealth Equity Services, LLC5,929$210.0K0.00%+21+0.4%Added
Stifel Financial Corp6,007$213.0K0.00%+228+3.9%Added
FMR LLC6,084$215.0K0.00%+5,707+1,513.8%Added
US Bancorp6,180$219.0K0.00%+966+18.5%Added
Prudential Financial Inc6,308$223.0K0.00%+38+0.6%Added
UBS Group AG6,636$235.0K0.00%−1,269−16.1%Reduced
LPL Financial LLC6,670$236.0K0.00%+123+1.9%Added
Alliancebernstein L.P.6,691$237.0K0.00%−600−8.2%Reduced
Pitcairn Co6,731$238.0K0.02%−313−4.4%Reduced
Voya Investment Management LLC6,981$247.0K0.00%−11,872−63.0%Reduced
Manufacturers Life Insurance Company, The7,136$252.8K0.00%−1,823−20.3%Reduced
Legal & General Group Plc7,367$261.0K0.00%+1,000+15.7%Added
Dynamic Advisor Solutions LLC7,500$266.0K0.02%−500−6.3%Reduced
American International Group, Inc.7,698$273.0K0.00%−454−5.6%Reduced
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
MetLife Investment Management8,397$297.4K0.00%+3,047+57.0%Added
Deutsche Bank AG9,096$322.0K0.00%−3,410−27.3%Reduced
Azimuth Capital Management LLC9,189$325.0K0.01%00.0%Unchanged
Hennion & Walsh Asset Management, Inc.10,091$357.0K0.02%+10,091New
Panagora Asset Management Inc10,452$370.0K0.00%+3,985+61.6%Added
Strategies Wealth Advisors, LLC11,312$400.7K0.11%+23+0.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC11,536$409.0K0.00%−1,800−13.5%Reduced
Credit Suisse AG11,690$414.0K0.00%−287−2.4%Reduced
Quadrature Capital Ltd11,918$422.0K0.02%+11,918New
Financial Counselors Inc12,328$437.0K0.01%+12,328New
Barclays PLC12,463$441.0K0.00%−6,793−35.3%Reduced
New York State Common Retirement Fund12,842$455.0K0.00%+15+0.1%Added
Allspring Global Investments Holdings, LLC13,400$474.0K0.00%+2,578+23.8%Added
Eidelman Virant Capital13,575$480.0K0.26%00.0%Unchanged
Los Angeles Capital Management LLC14,376$509.0K0.00%00.0%Unchanged
Seizert Capital Partners, LLC16,007$567.0K0.03%00.0%Unchanged
First National Bank of Omaha16,218$574.0K0.03%−5,678−25.9%Reduced
Regal Investment Advisors LLC17,091$605.0K0.06%+25+0.1%Added
Baird Financial Group, Inc.17,675$626.0K0.00%00.0%Unchanged
California State Teachers Retirement System19,455$689.0K0.00%−1,639−7.8%Reduced
STRS Ohio20,000$708.0K0.00%−1,900−8.7%Reduced
Round Hill Asset Management20,207$716.0K0.38%00.0%Unchanged
Jacobs Levy Equity Management, Inc20,358$721.0K0.00%+20,358New
Rhumbline Advisers22,234$788.0K0.00%−1,960−8.1%Reduced
JPMorgan Chase & Co23,464$831.0K0.00%−14,128−37.6%Reduced
Ameriprise Financial Inc24,041$852.0K0.00%00.0%Unchanged
Shakespeare Wealth Management, Inc.25,834$899.0K0.32%00.0%Unchanged
Goldman Sachs Group Inc26,920$953.0K0.00%+6,859+34.2%Added
Cornercap Investment Counsel Inc28,542$1.01M0.11%−6,502−18.6%Reduced
Envestnet Asset Management Inc31,236$1.11M0.00%+2,748+9.6%Added
Two Sigma Investments, LP31,982$1.13M0.00%+10,753+50.7%Added
Thrivent Financial for Lutherans33,397$1.18M0.00%−10,143−23.3%Reduced
Assenagon Asset Management S.A.34,690$1.23M0.00%−1,236−3.4%Reduced
Swiss National Bank35,200$1.25M0.00%+2,000+6.0%Added
First Trust Advisors LP36,686$1.30M0.00%−6,315−14.7%Reduced
Two Sigma Advisers, LP37,184$1.32M0.00%+1,500+4.2%Added
AQR Capital Management LLC37,223$1.32M0.00%−11,757−24.0%Reduced
Oberweis Asset Management Inc39,839$1.41M0.28%+50.0%Added
Victory Capital Management Inc40,250$1.43M0.00%−6,750−14.4%Reduced
Invesco Ltd.41,877$1.48M0.00%+18,206+76.9%Added
Citadel Advisors LLC42,087$1.49M0.00%+16,096+61.9%Added
jvl associates llc42,912$1.52M0.94%+258+0.6%Added
LaFleur & Godfrey LLC44,363$1.57M0.21%+60.0%Added
BHZ Capital Management, LP46,178$1.64M0.63%+1,848+4.2%Added
Wells Fargo & Company46,988$1.67M0.00%−711−1.5%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.77M1.39%00.0%Unchanged
Bridgeway Capital Management, LLC57,700$2.04M0.04%00.0%Unchanged
Nuveen Asset Management, LLC55,292$2.04M0.00%+575+1.1%Added