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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, Q2 2022

Institutional positions in Mercantile Bank Corp as of Jun 30, 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
129
+11 vs. Q1 2022
Shares held
8.86M
+323.0K (+3.8%) vs. Q1 2022
Total value
$283.0M
−$19.4M (−6.4%) vs. Q1 2022
New holders
17
45 more added
Sold out
6
41 more reduced

4 institutions that held it in Q1 2022 haven't filed for Q2 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2022: 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 holdersQ2 2022: 129 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 heldQ2 2022: $283.0M
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, Q2 2022

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2022.

Institutions holding MBWM in Q2 2022
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock Inc.1,363,914$43.6M0.00%+13,971+1.0%Added
Dimensional Fund Advisors LP1,183,445$37.8M0.01%+29,511+2.6%Added
Vanguard Group Inc757,707$24.2M0.00%−6,888−0.9%Reduced
Renaissance Technologies LLC656,713$21.0M0.02%−11,800−1.8%Reduced
Banc Funds Co LLC490,158$15.7M1.42%00.0%Unchanged
State Street Corp393,857$12.6M0.00%−33,432−7.8%Reduced
Tributary Capital Management, LLC324,695$10.4M1.03%−9,272−2.8%Reduced
North Star Asset Management Inc291,250$9.30M0.61%+5,916+2.1%Added
Geode Capital Management, LLC272,196$8.70M0.00%+14,347+5.6%Added
Stieven Capital Advisors, L.P.263,583$8.42M1.33%+24,900+10.4%Added
Northern Trust Corp189,269$6.05M0.00%+8,521+4.7%Added
Morgan Stanley151,622$4.85M0.00%+93,595+161.3%Added
Hotchkis & Wiley Capital Management LLC150,310$4.80M0.02%+7,800+5.5%Added
Acadian Asset Management LLC148,377$4.74M0.02%+4,090+2.8%Added
LSV Asset Management143,100$4.57M0.01%−1,537−1.1%Reduced
Royal Bank of Canada117,800$3.76M0.00%+25,453+27.6%Added
Bank of New York Mellon Corp107,736$3.44M0.00%−4,767−4.2%Reduced
rhino investment partners, Inc104,055$3.33M1.49%+104,055New
Charles Schwab Investment Management Inc102,587$3.28M0.00%−3,635−3.4%Reduced
American Century Companies Inc92,950$2.97M0.00%+19,691+26.9%Added
Sanford Advisory Services, LLC86,640$2.77M0.78%00.0%Unchanged
jvl associates llc68,014$2.17M1.51%+25,102+58.5%Added
Bridgeway Capital Management, LLC65,700$2.10M0.05%+8,000+13.9%Added
Bank of America Corp59,590$1.90M0.00%−3,044−4.9%Reduced
Invesco Ltd.48,151$1.54M0.00%+6,274+15.0%Added
LaFleur & Godfrey LLC44,485$1.42M0.22%+122+0.3%Added
Nuveen Asset Management, LLC44,210$1.41M0.00%−11,082−20.0%Reduced
BHZ Capital Management, LP43,278$1.38M0.68%−2,900−6.3%Reduced
AQR Capital Management LLC43,187$1.38M0.00%+5,964+16.0%Added
Oberweis Asset Management Inc42,296$1.35M0.34%+2,457+6.2%Added
Wells Fargo & Company41,119$1.31M0.00%−5,869−12.5%Reduced
Victory Capital Management Inc38,595$1.23M0.00%−1,655−4.1%Reduced
JPMorgan Chase & Co36,421$1.16M0.00%+12,957+55.2%Added
Two Sigma Advisers, LP36,384$1.16M0.00%−800−2.2%Reduced
Swiss National Bank35,200$1.13M0.00%00.0%Unchanged
Citadel Advisors LLC34,695$1.11M0.00%−7,392−17.6%Reduced
First Trust Advisors LP33,401$1.07M0.00%−3,285−9.0%Reduced
Envestnet Asset Management Inc31,752$1.01M0.00%+516+1.7%Added
Assenagon Asset Management S.A.31,495$1.01M0.00%−3,195−9.2%Reduced
Cornercap Investment Counsel Inc28,696$917.0K0.16%+154+0.5%Added
Two Sigma Investments, LP28,212$901.0K0.00%−3,770−11.8%Reduced
Goldman Sachs Group Inc27,826$889.0K0.00%+906+3.4%Added
Thrivent Financial for Lutherans27,788$888.0K0.00%−5,609−16.8%Reduced
Ameriprise Financial Inc25,816$825.0K0.00%+1,775+7.4%Added
Rhumbline Advisers22,356$714.0K0.00%+122+0.5%Added
Shakespeare Wealth Management, Inc.21,763$689.0K0.28%−4,071−15.8%Reduced
Jacobs Levy Equity Management, Inc20,601$658.0K0.01%+243+1.2%Added
Round Hill Asset Management20,207$646.0K0.40%00.0%Unchanged
STRS Ohio20,000$639.0K0.00%00.0%Unchanged
California State Teachers Retirement System19,085$610.0K0.00%−370−1.9%Reduced
Baird Financial Group, Inc.17,675$565.0K0.00%00.0%Unchanged
Regal Investment Advisors LLC17,122$547.0K0.06%+31+0.2%Added
Seizert Capital Partners, LLC16,007$511.0K0.03%00.0%Unchanged
Panagora Asset Management Inc15,888$508.0K0.00%+5,436+52.0%Added
First National Bank of Omaha15,320$489.0K0.03%−898−5.5%Reduced
Raymond James & Associates15,180$485.0K0.00%+15,180New
Los Angeles Capital Management LLC14,476$463.0K0.00%+100+0.7%Added
Eidelman Virant Capital13,575$435.0K0.31%00.0%Unchanged
New York State Common Retirement Fund12,805$409.0K0.00%−37−0.3%Reduced
Financial Counselors Inc12,328$394.0K0.01%00.0%Unchanged
Grantham, Mayo, Van Otterloo & Co. LLC11,536$369.0K0.00%00.0%Unchanged
Strategies Wealth Advisors, LLC11,340$362.3K0.10%+28+0.2%Added
Brandywine Global Investment Management, LLC11,135$356.0K0.00%+11,135New
Hennion & Walsh Asset Management, Inc.11,061$353.0K0.02%+970+9.6%Added
Credit Suisse AG10,851$347.0K0.00%−839−7.2%Reduced
Deutsche Bank AG10,417$333.0K0.00%+1,321+14.5%Added
Truist Financial Corp10,347$331.0K0.00%+10,347New
Principal Financial Group Inc9,270$297.0K0.00%+9,270New
Azimuth Capital Investment Management LLC9,189$294.0K0.01%+9,189New
MetLife Investment Management8,397$268.3K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.8,217$261.0K0.00%+209+2.6%Added
Raymond James Financial Services Advisors, Inc.8,020$256.0K0.00%+8,020New
Alliancebernstein L.P.7,591$243.0K0.00%+900+13.5%Added
Dynamic Advisor Solutions LLC7,500$240.0K0.02%00.0%Unchanged
Stifel Financial Corp7,432$237.0K0.00%+1,425+23.7%Added
US Bancorp7,302$234.0K0.00%+1,122+18.2%Added
HSBC Holdings PLC7,257$231.0K0.00%+7,257New
American International Group, Inc.7,206$230.0K0.00%−492−6.4%Reduced
Voya Investment Management LLC6,981$223.0K0.00%00.0%Unchanged
Manufacturers Life Insurance Company, The6,852$218.9K0.00%−284−4.0%Reduced
Pitcairn Co6,767$216.0K0.02%+36+0.5%Added
Legal & General Group Plc6,727$215.0K0.00%−640−8.7%Reduced
LPL Financial LLC6,631$212.0K0.00%−39−0.6%Reduced
Advisor Group Holdings, Inc.6,500$208.0K0.00%+1,402+27.5%Added
Prudential Financial Inc6,324$201.0K0.00%+16+0.3%Added
FMR LLC6,064$193.0K0.00%−20−0.3%Reduced
Heritage Wealth Management, LLC5,111$163.3K0.05%+547+12.0%Added
BNP Paribas Arbitrage, SA4,960$158.5K0.00%+893+22.0%Added
Federated Hermes, Inc.4,869$156.0K0.00%−4−0.1%Reduced
SG Americas Securities, LLC4,504$144.0K0.00%+4,504New
Venture Visionary Partners LLC4,429$141.5K0.01%+4,429New
Barclays PLC4,233$136.0K0.00%−8,230−66.0%Reduced
Public Employees Retirement System of Ohio3,760$120.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,990$96.0K0.00%+370+14.1%Added
Fifth Third Bancorp2,837$91.0K0.00%00.0%Unchanged
UBS Group AG2,824$90.0K0.00%−3,812−57.4%Reduced
Oliver Lagore Vanvalin Investment Group2,191$70.0K0.04%+1,000+84.0%Added
Amalgamated Bank1,942$62.0K0.00%+95+5.1%Added
Allspring Global Investments Holdings, LLC1,740$55.0K0.00%−11,660−87.0%Reduced
Citigroup Inc1,660$53.0K0.00%+263+18.8%Added