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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, 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: $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, 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
Parallel Advisors, LLC6$00.00%−76−92.7%Reduced
Glassman Wealth Services6$00.00%00.0%Unchanged
Manchester Capital Management LLC37$1.00K0.00%+37New
Cornerstone Management, Inc.40$1.27K0.00%+1+2.6%Added
Covestor Ltd68$2.00K0.00%−60−46.9%Reduced
Signaturefd, LLC73$2.00K0.00%−7−8.8%Reduced
Private Capital Group, LLC75$2.00K0.00%00.0%Unchanged
Quadrant Capital Group LLC54$2.00K0.00%00.0%Unchanged
CoreCap Advisors, LLC50$2.00K0.00%+50New
Bartlett & Co. Wealth Management LLC114$3.64K0.00%+114New
IFP Advisors, Inc122$4.00K0.00%−122−50.0%Reduced
Johnson Financial Group, Inc.128$4.00K0.00%00.0%Unchanged
Private Trust Co NA126$4.00K0.00%+126New
Bartlett & Co. LLC114$4.00K0.00%+114New
Lindbrook Capital, LLC186$6.00K0.00%+186New
CWM, LLC256$8.00K0.00%+256New
Ellis Investment Partners, LLC309$9.00K0.00%−304−49.6%Reduced
Macquarie Group Ltd288$9.00K0.00%00.0%Unchanged
Center for Financial Planning, Inc.283$9.00K0.00%00.0%Unchanged
Aquatic Capital Management LLC400$13.0K0.00%−200−33.3%Reduced
Tower Research Capital LLC (TRC)463$15.0K0.00%−4,707−91.0%Reduced
Huntington National Bank501$16.0K0.00%00.0%Unchanged
First Horizon Advisors, Inc.764$24.0K0.00%+247+47.8%Added
Umb Bank N A923$29.0K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,087$34.7K0.00%00.0%Unchanged
Dorsey Wright & Associates1,164$37.0K0.01%−72−5.8%Reduced
Ameritas Investment Partners, Inc.1,185$37.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,327$42.0K0.00%−69−4.9%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$45.0K0.00%00.0%Unchanged
Citigroup Inc1,660$53.0K0.00%+263+18.8%Added
Allspring Global Investments Holdings, LLC1,740$55.0K0.00%−11,660−87.0%Reduced
Amalgamated Bank1,942$62.0K0.00%+95+5.1%Added
Oliver Lagore Vanvalin Investment Group2,191$70.0K0.04%+1,000+84.0%Added
UBS Group AG2,824$90.0K0.00%−3,812−57.4%Reduced
Fifth Third Bancorp2,837$91.0K0.00%00.0%Unchanged
Nisa Investment Advisors, LLC2,990$96.0K0.00%+370+14.1%Added
Public Employees Retirement System of Ohio3,760$120.0K0.00%00.0%Unchanged
Barclays PLC4,233$136.0K0.00%−8,230−66.0%Reduced
Venture Visionary Partners LLC4,429$141.5K0.01%+4,429New
SG Americas Securities, LLC4,504$144.0K0.00%+4,504New
Federated Hermes, Inc.4,869$156.0K0.00%−4−0.1%Reduced
BNP Paribas Arbitrage, SA4,960$158.5K0.00%+893+22.0%Added
Heritage Wealth Management, LLC5,111$163.3K0.05%+547+12.0%Added
FMR LLC6,064$193.0K0.00%−20−0.3%Reduced
Prudential Financial Inc6,324$201.0K0.00%+16+0.3%Added
Advisor Group Holdings, Inc.6,500$208.0K0.00%+1,402+27.5%Added
LPL Financial LLC6,631$212.0K0.00%−39−0.6%Reduced
Legal & General Group Plc6,727$215.0K0.00%−640−8.7%Reduced
Pitcairn Co6,767$216.0K0.02%+36+0.5%Added
Manufacturers Life Insurance Company, The6,852$218.9K0.00%−284−4.0%Reduced
Voya Investment Management LLC6,981$223.0K0.00%00.0%Unchanged
American International Group, Inc.7,206$230.0K0.00%−492−6.4%Reduced
HSBC Holdings PLC7,257$231.0K0.00%+7,257New
US Bancorp7,302$234.0K0.00%+1,122+18.2%Added
Stifel Financial Corp7,432$237.0K0.00%+1,425+23.7%Added
Dynamic Advisor Solutions LLC7,500$240.0K0.02%00.0%Unchanged
Alliancebernstein L.P.7,591$243.0K0.00%+900+13.5%Added
Raymond James Financial Services Advisors, Inc.8,020$256.0K0.00%+8,020New
The PNC Financial Services Group, Inc.8,217$261.0K0.00%+209+2.6%Added
MetLife Investment Management8,397$268.3K0.00%00.0%Unchanged
Azimuth Capital Investment Management LLC9,189$294.0K0.01%+9,189New
Principal Financial Group Inc9,270$297.0K0.00%+9,270New
Truist Financial Corp10,347$331.0K0.00%+10,347New
Deutsche Bank AG10,417$333.0K0.00%+1,321+14.5%Added
Credit Suisse AG10,851$347.0K0.00%−839−7.2%Reduced
Hennion & Walsh Asset Management, Inc.11,061$353.0K0.02%+970+9.6%Added
Brandywine Global Investment Management, LLC11,135$356.0K0.00%+11,135New
Strategies Wealth Advisors, LLC11,340$362.3K0.10%+28+0.2%Added
Grantham, Mayo, Van Otterloo & Co. LLC11,536$369.0K0.00%00.0%Unchanged
Financial Counselors Inc12,328$394.0K0.01%00.0%Unchanged
New York State Common Retirement Fund12,805$409.0K0.00%−37−0.3%Reduced
Eidelman Virant Capital13,575$435.0K0.31%00.0%Unchanged
Los Angeles Capital Management LLC14,476$463.0K0.00%+100+0.7%Added
Raymond James & Associates15,180$485.0K0.00%+15,180New
First National Bank of Omaha15,320$489.0K0.03%−898−5.5%Reduced
Panagora Asset Management Inc15,888$508.0K0.00%+5,436+52.0%Added
Seizert Capital Partners, LLC16,007$511.0K0.03%00.0%Unchanged
Regal Investment Advisors LLC17,122$547.0K0.06%+31+0.2%Added
Baird Financial Group, Inc.17,675$565.0K0.00%00.0%Unchanged
California State Teachers Retirement System19,085$610.0K0.00%−370−1.9%Reduced
STRS Ohio20,000$639.0K0.00%00.0%Unchanged
Round Hill Asset Management20,207$646.0K0.40%00.0%Unchanged
Jacobs Levy Equity Management, Inc20,601$658.0K0.01%+243+1.2%Added
Shakespeare Wealth Management, Inc.21,763$689.0K0.28%−4,071−15.8%Reduced
Rhumbline Advisers22,356$714.0K0.00%+122+0.5%Added
Ameriprise Financial Inc25,816$825.0K0.00%+1,775+7.4%Added
Thrivent Financial for Lutherans27,788$888.0K0.00%−5,609−16.8%Reduced
Goldman Sachs Group Inc27,826$889.0K0.00%+906+3.4%Added
Two Sigma Investments, LP28,212$901.0K0.00%−3,770−11.8%Reduced
Cornercap Investment Counsel Inc28,696$917.0K0.16%+154+0.5%Added
Assenagon Asset Management S.A.31,495$1.01M0.00%−3,195−9.2%Reduced
Envestnet Asset Management Inc31,752$1.01M0.00%+516+1.7%Added
First Trust Advisors LP33,401$1.07M0.00%−3,285−9.0%Reduced
Citadel Advisors LLC34,695$1.11M0.00%−7,392−17.6%Reduced
Swiss National Bank35,200$1.13M0.00%00.0%Unchanged
Two Sigma Advisers, LP36,384$1.16M0.00%−800−2.2%Reduced
JPMorgan Chase & Co36,421$1.16M0.00%+12,957+55.2%Added
Victory Capital Management Inc38,595$1.23M0.00%−1,655−4.1%Reduced
Wells Fargo & Company41,119$1.31M0.00%−5,869−12.5%Reduced
Oberweis Asset Management Inc42,296$1.35M0.34%+2,457+6.2%Added