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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, 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.

Institutional holdersQ3 2022: 125 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 heldQ3 2022: $261.6M
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, Q3 2022

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2022.

Institutions holding MBWM in Q3 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Huntington National Bank1$00.00%−500−99.8%Reduced
Glassman Wealth Services6$00.00%00.0%Unchanged
Lindbrook Capital, LLC32$1.00K0.00%−154−82.8%Reduced
Bartlett & Co. LLC44$1.00K0.00%−70−61.4%Reduced
Covestor Ltd36$1.00K0.00%−32−47.1%Reduced
Manchester Capital Management LLC24$1.00K0.00%−13−35.1%Reduced
Proequities, Inc.27$1.00K0.00%+27New
Wipfli Financial Advisors LLC,21$1.00K0.00%+21New
Cornerstone Management, Inc.40$1.19K0.00%00.0%Unchanged
Bartlett & Co. Wealth Management LLC44$1.31K0.00%−70−61.4%Reduced
Quadrant Capital Group LLC54$2.00K0.00%00.0%Unchanged
Aquatic Capital Management LLC100$3.00K0.00%−300−75.0%Reduced
Private Trust Co NA126$4.00K0.00%00.0%Unchanged
IFP Advisors, Inc122$4.00K0.00%00.0%Unchanged
Plante Moran Financial Advisors, LLC167$5.00K0.00%+167New
Signaturefd, LLC222$7.00K0.00%+149+204.1%Added
Center for Financial Planning, Inc.283$8.00K0.00%00.0%Unchanged
CWM, LLC259$8.00K0.00%+3+1.2%Added
Macquarie Group Ltd0$9.00K0.00%−288−100.0%Reduced
Ellis Investment Partners, LLC312$9.00K0.00%+3+1.0%Added
Point72 Hong Kong Ltd380$11.0K0.00%+380New
Citigroup Inc734$22.0K0.00%−926−55.8%Reduced
First Horizon Advisors, Inc.764$22.0K0.00%00.0%Unchanged
Umb Bank N A925$27.0K0.00%+2+0.2%Added
Allspring Global Investments Holdings, LLC1,058$31.0K0.00%−682−39.2%Reduced
Metropolitan Life Insurance Co1,087$32.3K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,185$35.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$42.0K0.00%00.0%Unchanged
Great West Life Assurance Co1,438$42.0K0.00%+111+8.4%Added
Amalgamated Bank1,942$58.0K0.00%00.0%Unchanged
Oliver Lagore Vanvalin Investment Group2,191$65.0K0.04%00.0%Unchanged
Fifth Third Bancorp2,837$84.0K0.00%00.0%Unchanged
Barclays PLC3,358$99.0K0.00%−875−20.7%Reduced
UBS Group AG3,436$102.0K0.00%+612+21.7%Added
Tower Research Capital LLC (TRC)3,482$103.0K0.00%+3,019+652.1%Added
SG Americas Securities, LLC3,541$105.0K0.00%−963−21.4%Reduced
Nisa Investment Advisors, LLC2,990$105.0K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio3,760$112.0K0.00%00.0%Unchanged
Federated Hermes, Inc.4,882$145.0K0.00%+13+0.3%Added
Heritage Wealth Management, LLC5,224$155.0K0.05%+113+2.2%Added
BNP Paribas Arbitrage, SA5,515$163.9K0.00%+555+11.2%Added
FMR LLC6,074$180.0K0.00%+10+0.2%Added
Deutsche Bank AG6,374$189.0K0.00%−4,043−38.8%Reduced
Advisor Group Holdings, Inc.6,535$194.0K0.00%+35+0.5%Added
Cubist Systematic Strategies, LLC6,605$196.0K0.00%+6,605New
US Bancorp6,685$198.0K0.00%−617−8.4%Reduced
Voya Investment Management LLC6,981$207.4K0.00%00.0%Unchanged
Legal & General Group Plc7,022$209.0K0.00%+295+4.4%Added
Trexquant Investment LP7,129$212.0K0.01%+7,129New
American International Group, Inc.7,310$217.0K0.00%+104+1.4%Added
Stifel Financial Corp7,435$221.0K0.00%+30.0%Added
Dynamic Advisor Solutions LLC7,500$223.0K0.02%00.0%Unchanged
LPL Financial LLC8,219$244.0K0.00%+1,588+23.9%Added
MetLife Investment Management8,397$249.5K0.00%00.0%Unchanged
The PNC Financial Services Group, Inc.8,460$250.0K0.00%+243+3.0%Added
Alliancebernstein L.P.8,791$261.0K0.00%+1,200+15.8%Added
Raymond James Financial Services Advisors, Inc.8,863$263.0K0.00%+843+10.5%Added
Azimuth Capital Investment Management LLC9,189$273.0K0.01%00.0%Unchanged
Brandywine Global Investment Management, LLC9,459$281.0K0.00%−1,676−15.1%Reduced
Creative Planning9,815$292.0K0.00%+9,815New
Hennion & Walsh Asset Management, Inc.10,726$319.0K0.02%−335−3.0%Reduced
Credit Suisse AG10,915$323.0K0.00%+64+0.6%Added
Seizert Capital Partners, LLC11,873$353.0K0.02%−4,134−25.8%Reduced
Teacher Retirement System of Texas11,893$353.0K0.00%+11,893New
Financial Counselors Inc12,328$366.0K0.01%00.0%Unchanged
New York State Common Retirement Fund12,836$381.0K0.00%+31+0.2%Added
Eidelman Virant Capital13,575$405.0K0.30%00.0%Unchanged
Quadrature Capital Ltd13,718$408.0K0.01%+13,718New
First National Bank of Omaha14,750$438.0K0.03%−570−3.7%Reduced
Raymond James & Associates15,130$450.0K0.00%−50−0.3%Reduced
Regal Investment Advisors LLC17,152$510.0K0.05%+30+0.2%Added
Baird Financial Group, Inc.17,675$525.0K0.00%00.0%Unchanged
California State Teachers Retirement System19,029$565.0K0.00%−56−0.3%Reduced
Shakespeare Wealth Management, Inc.19,963$593.0K0.25%−1,800−8.3%Reduced
STRS Ohio20,000$594.0K0.00%00.0%Unchanged
Jacobs Levy Equity Management, Inc20,190$600.0K0.00%−411−2.0%Reduced
Round Hill Asset Management20,207$600.0K0.41%00.0%Unchanged
Rhumbline Advisers23,662$703.0K0.00%+1,306+5.8%Added
Los Angeles Capital Management LLC24,451$726.0K0.00%+9,975+68.9%Added
Two Sigma Investments, LP26,075$775.0K0.00%−2,137−7.6%Reduced
Thrivent Financial for Lutherans27,788$826.0K0.00%00.0%Unchanged
Goldman Sachs Group Inc27,879$828.0K0.00%+53+0.2%Added
Cornercap Investment Counsel Inc28,778$855.0K0.16%+82+0.3%Added
Panagora Asset Management Inc28,988$861.0K0.01%+13,100+82.5%Added
Ameriprise Financial Inc29,498$877.0K0.00%+3,682+14.3%Added
Two Sigma Advisers, LP29,584$879.0K0.00%−6,800−18.7%Reduced
First Trust Advisors LP32,332$961.0K0.00%−1,069−3.2%Reduced
Envestnet Asset Management Inc33,146$985.0K0.00%+1,394+4.4%Added
BHZ Capital Management, LP33,378$992.0K0.51%−9,900−22.9%Reduced
JPMorgan Chase & Co35,659$1.06M0.00%−762−2.1%Reduced
Swiss National Bank35,700$1.06M0.00%+500+1.4%Added
Victory Capital Management Inc36,060$1.07M0.00%−2,535−6.6%Reduced
Wells Fargo & Company39,899$1.19M0.00%−1,220−3.0%Reduced
LaFleur & Godfrey LLC41,974$1.25M0.22%−2,511−5.6%Reduced
Oberweis Asset Management Inc42,557$1.26M0.30%+261+0.6%Added
AQR Capital Management LLC43,820$1.30M0.00%+633+1.5%Added
Nuveen Asset Management, LLC44,205$1.31M0.00%−50.0%Reduced
Invesco Ltd.44,818$1.33M0.00%−3,333−6.9%Reduced
John W. Rosenthal Capital Management, Inc.50,000$1.49M1.38%+50,000New
Millennium Management LLC54,519$1.62M0.00%+54,519New