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, Q3 2022
Institutional positions in Mercantile Bank Corp as of Sep 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
- 125
- −1 vs. Q2 2022
- Shares held
- 8.80M
- −43.6K (−0.5%) vs. Q2 2022
- Total value
- $261.6M
- −$21.1M (−7.5%) vs. Q2 2022
- New holders
- 11
- 42 more added
- Sold out
- 12
- 45 more reduced
3 institutions that held it in Q2 2022 haven't filed for Q3 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 206 | $691.2M |
| Q1 2026 | 201 | $590.5M |
| Q4 2025 | 192 | $515.6M |
| Q3 2025 | 200 | $487.4M |
| Q2 2025 | 196 | $486.7M |
| Q1 2025 | 194 | $452.5M |
| Q4 2024 | 178 | $457.6M |
| Q3 2024 | 161 | $439.4M |
| Q2 2024 | 162 | $401.6M |
| Q1 2024 | 155 | $384.1M |
| Q4 2023 | 141 | $388.5M |
| Q3 2023 | 133 | $283.3M |
| Q2 2023 | 118 | $250.4M |
| Q1 2023 | 128 | $280.5M |
| Q4 2022 | 130 | $300.2M |
| Q3 2022 | 125 | $261.6M |
| Q2 2022 | 129 | $283.0M |
| Q1 2022 | 122 | $307.7M |
| Q4 2021 | 120 | $297.6M |
| Q3 2021 | 116 | $268.9M |
| Q2 2021 | 112 | $259.9M |
| Q1 2021 | 116 | $288.4M |
Institutions, Q3 2022
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,348,938 | $40.1M | 0.00% | −14,976−1.1% | Reduced |
| Dimensional Fund Advisors LP | 1,179,663 | $35.0M | 0.01% | −3,782−0.3% | Reduced |
| Vanguard Group Inc | 759,381 | $22.6M | 0.00% | +1,674+0.2% | Added |
| Renaissance Technologies LLC | 622,813 | $18.5M | 0.03% | −33,900−5.2% | Reduced |
| Banc Funds Co LLC | 493,158 | $14.7M | 1.35% | +3,000+0.6% | Added |
| State Street Corp | 377,965 | $11.2M | 0.00% | −15,892−4.0% | Reduced |
| Tributary Capital Management, LLC | 320,581 | $9.52M | 1.00% | −4,114−1.3% | Reduced |
| North Star Asset Management Inc | 310,551 | $9.23M | 0.63% | +19,301+6.6% | Added |
| Stieven Capital Advisors, L.P. | 296,408 | $8.81M | 1.44% | +32,825+12.5% | Added |
| Geode Capital Management, LLC | 272,250 | $8.09M | 0.00% | +540.0% | Added |
| Northern Trust Corp | 188,457 | $5.60M | 0.00% | −812−0.4% | Reduced |
| Acadian Asset Management LLC | 139,874 | $4.16M | 0.02% | −8,503−5.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 136,210 | $4.05M | 0.02% | −14,100−9.4% | Reduced |
| LSV Asset Management | 134,500 | $4.00M | 0.01% | −8,600−6.0% | Reduced |
| Bank of New York Mellon Corp | 113,416 | $3.37M | 0.00% | +5,680+5.3% | Added |
| Morgan Stanley | 108,167 | $3.21M | 0.00% | −43,455−28.7% | Reduced |
| Charles Schwab Investment Management Inc | 106,708 | $3.17M | 0.00% | +4,121+4.0% | Added |
| Royal Bank of Canada | 100,411 | $2.98M | 0.00% | −17,389−14.8% | Reduced |
| American Century Companies Inc | 95,872 | $2.85M | 0.00% | +2,922+3.1% | Added |
| Sanford Advisory Services, LLC | 86,640 | $2.57M | 0.74% | 00.0% | Unchanged |
| Bridgeway Capital Management, LLC | 73,800 | $2.19M | 0.06% | +8,100+12.3% | Added |
| Citadel Advisors LLC | 70,383 | $2.09M | 0.00% | +35,688+102.9% | Added |
| jvl associates llc | 68,014 | $2.02M | 1.22% | 00.0% | Unchanged |
| rhino investment partners, Inc | 64,711 | $1.92M | 0.87% | −39,344−37.8% | Reduced |
| Bank of America Corp | 56,474 | $1.68M | 0.00% | −3,116−5.2% | Reduced |
| Millennium Management LLC | 54,519 | $1.62M | 0.00% | +54,519 | New |
| John W. Rosenthal Capital Management, Inc. | 50,000 | $1.49M | 1.38% | +50,000 | New |
| Invesco Ltd. | 44,818 | $1.33M | 0.00% | −3,333−6.9% | Reduced |
| Nuveen Asset Management, LLC | 44,205 | $1.31M | 0.00% | −50.0% | Reduced |
| AQR Capital Management LLC | 43,820 | $1.30M | 0.00% | +633+1.5% | Added |
| Oberweis Asset Management Inc | 42,557 | $1.26M | 0.30% | +261+0.6% | Added |
| LaFleur & Godfrey LLC | 41,974 | $1.25M | 0.22% | −2,511−5.6% | Reduced |
| Wells Fargo & Company | 39,899 | $1.19M | 0.00% | −1,220−3.0% | Reduced |
| Victory Capital Management Inc | 36,060 | $1.07M | 0.00% | −2,535−6.6% | Reduced |
| Swiss National Bank | 35,700 | $1.06M | 0.00% | +500+1.4% | Added |
| JPMorgan Chase & Co | 35,659 | $1.06M | 0.00% | −762−2.1% | Reduced |
| BHZ Capital Management, LP | 33,378 | $992.0K | 0.51% | −9,900−22.9% | Reduced |
| Envestnet Asset Management Inc | 33,146 | $985.0K | 0.00% | +1,394+4.4% | Added |
| First Trust Advisors LP | 32,332 | $961.0K | 0.00% | −1,069−3.2% | Reduced |
| Two Sigma Advisers, LP | 29,584 | $879.0K | 0.00% | −6,800−18.7% | Reduced |
| Ameriprise Financial Inc | 29,498 | $877.0K | 0.00% | +3,682+14.3% | Added |
| Panagora Asset Management Inc | 28,988 | $861.0K | 0.01% | +13,100+82.5% | Added |
| Cornercap Investment Counsel Inc | 28,778 | $855.0K | 0.16% | +82+0.3% | Added |
| Goldman Sachs Group Inc | 27,879 | $828.0K | 0.00% | +53+0.2% | Added |
| Thrivent Financial for Lutherans | 27,788 | $826.0K | 0.00% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 26,075 | $775.0K | 0.00% | −2,137−7.6% | Reduced |
| Los Angeles Capital Management LLC | 24,451 | $726.0K | 0.00% | +9,975+68.9% | Added |
| Rhumbline Advisers | 23,662 | $703.0K | 0.00% | +1,306+5.8% | Added |
| Jacobs Levy Equity Management, Inc | 20,190 | $600.0K | 0.00% | −411−2.0% | Reduced |
| Round Hill Asset Management | 20,207 | $600.0K | 0.41% | 00.0% | Unchanged |
| STRS Ohio | 20,000 | $594.0K | 0.00% | 00.0% | Unchanged |
| Shakespeare Wealth Management, Inc. | 19,963 | $593.0K | 0.25% | −1,800−8.3% | Reduced |
| California State Teachers Retirement System | 19,029 | $565.0K | 0.00% | −56−0.3% | Reduced |
| Baird Financial Group, Inc. | 17,675 | $525.0K | 0.00% | 00.0% | Unchanged |
| Regal Investment Advisors LLC | 17,152 | $510.0K | 0.05% | +30+0.2% | Added |
| Raymond James & Associates | 15,130 | $450.0K | 0.00% | −50−0.3% | Reduced |
| First National Bank of Omaha | 14,750 | $438.0K | 0.03% | −570−3.7% | Reduced |
| Quadrature Capital Ltd | 13,718 | $408.0K | 0.01% | +13,718 | New |
| Eidelman Virant Capital | 13,575 | $405.0K | 0.30% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 12,836 | $381.0K | 0.00% | +31+0.2% | Added |
| Financial Counselors Inc | 12,328 | $366.0K | 0.01% | 00.0% | Unchanged |
| Seizert Capital Partners, LLC | 11,873 | $353.0K | 0.02% | −4,134−25.8% | Reduced |
| Teacher Retirement System of Texas | 11,893 | $353.0K | 0.00% | +11,893 | New |
| Credit Suisse AG | 10,915 | $323.0K | 0.00% | +64+0.6% | Added |
| Hennion & Walsh Asset Management, Inc. | 10,726 | $319.0K | 0.02% | −335−3.0% | Reduced |
| Creative Planning | 9,815 | $292.0K | 0.00% | +9,815 | New |
| Brandywine Global Investment Management, LLC | 9,459 | $281.0K | 0.00% | −1,676−15.1% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $273.0K | 0.01% | 00.0% | Unchanged |
| Raymond James Financial Services Advisors, Inc. | 8,863 | $263.0K | 0.00% | +843+10.5% | Added |
| Alliancebernstein L.P. | 8,791 | $261.0K | 0.00% | +1,200+15.8% | Added |
| The PNC Financial Services Group, Inc. | 8,460 | $250.0K | 0.00% | +243+3.0% | Added |
| MetLife Investment Management | 8,397 | $249.5K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 8,219 | $244.0K | 0.00% | +1,588+23.9% | Added |
| Dynamic Advisor Solutions LLC | 7,500 | $223.0K | 0.02% | 00.0% | Unchanged |
| Stifel Financial Corp | 7,435 | $221.0K | 0.00% | +30.0% | Added |
| American International Group, Inc. | 7,310 | $217.0K | 0.00% | +104+1.4% | Added |
| Trexquant Investment LP | 7,129 | $212.0K | 0.01% | +7,129 | New |
| Legal & General Group Plc | 7,022 | $209.0K | 0.00% | +295+4.4% | Added |
| Voya Investment Management LLC | 6,981 | $207.4K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 6,685 | $198.0K | 0.00% | −617−8.4% | Reduced |
| Cubist Systematic Strategies, LLC | 6,605 | $196.0K | 0.00% | +6,605 | New |
| Advisor Group Holdings, Inc. | 6,535 | $194.0K | 0.00% | +35+0.5% | Added |
| Deutsche Bank AG | 6,374 | $189.0K | 0.00% | −4,043−38.8% | Reduced |
| FMR LLC | 6,074 | $180.0K | 0.00% | +10+0.2% | Added |
| BNP Paribas Arbitrage, SA | 5,515 | $163.9K | 0.00% | +555+11.2% | Added |
| Heritage Wealth Management, LLC | 5,224 | $155.0K | 0.05% | +113+2.2% | Added |
| Federated Hermes, Inc. | 4,882 | $145.0K | 0.00% | +13+0.3% | Added |
| Public Employees Retirement System of Ohio | 3,760 | $112.0K | 0.00% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 3,541 | $105.0K | 0.00% | −963−21.4% | Reduced |
| Nisa Investment Advisors, LLC | 2,990 | $105.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 3,482 | $103.0K | 0.00% | +3,019+652.1% | Added |
| UBS Group AG | 3,436 | $102.0K | 0.00% | +612+21.7% | Added |
| Barclays PLC | 3,358 | $99.0K | 0.00% | −875−20.7% | Reduced |
| Fifth Third Bancorp | 2,837 | $84.0K | 0.00% | 00.0% | Unchanged |
| Oliver Lagore Vanvalin Investment Group | 2,191 | $65.0K | 0.04% | 00.0% | Unchanged |
| Amalgamated Bank | 1,942 | $58.0K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 1,402 | $42.0K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 1,438 | $42.0K | 0.00% | +111+8.4% | Added |
| Ameritas Investment Partners, Inc. | 1,185 | $35.0K | 0.00% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 1,087 | $32.3K | 0.00% | 00.0% | Unchanged |