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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
Bank of America Corp56,474$1.68M0.00%−3,116−5.2%Reduced
rhino investment partners, Inc64,711$1.92M0.87%−39,344−37.8%Reduced
jvl associates llc68,014$2.02M1.22%00.0%Unchanged
Citadel Advisors LLC70,383$2.09M0.00%+35,688+102.9%Added
Bridgeway Capital Management, LLC73,800$2.19M0.06%+8,100+12.3%Added
Sanford Advisory Services, LLC86,640$2.57M0.74%00.0%Unchanged
American Century Companies Inc95,872$2.85M0.00%+2,922+3.1%Added
Royal Bank of Canada100,411$2.98M0.00%−17,389−14.8%Reduced
Charles Schwab Investment Management Inc106,708$3.17M0.00%+4,121+4.0%Added
Morgan Stanley108,167$3.21M0.00%−43,455−28.7%Reduced
Bank of New York Mellon Corp113,416$3.37M0.00%+5,680+5.3%Added
LSV Asset Management134,500$4.00M0.01%−8,600−6.0%Reduced
Hotchkis & Wiley Capital Management LLC136,210$4.05M0.02%−14,100−9.4%Reduced
Acadian Asset Management LLC139,874$4.16M0.02%−8,503−5.7%Reduced
Northern Trust Corp188,457$5.60M0.00%−812−0.4%Reduced
Geode Capital Management, LLC272,250$8.09M0.00%+540.0%Added
Stieven Capital Advisors, L.P.296,408$8.81M1.44%+32,825+12.5%Added
North Star Asset Management Inc310,551$9.23M0.63%+19,301+6.6%Added
Tributary Capital Management, LLC320,581$9.52M1.00%−4,114−1.3%Reduced
State Street Corp377,965$11.2M0.00%−15,892−4.0%Reduced
Banc Funds Co LLC493,158$14.7M1.35%+3,000+0.6%Added
Renaissance Technologies LLC622,813$18.5M0.03%−33,900−5.2%Reduced
Vanguard Group Inc759,381$22.6M0.00%+1,674+0.2%Added
Dimensional Fund Advisors LP1,179,663$35.0M0.01%−3,782−0.3%Reduced
BlackRock Inc.1,348,938$40.1M0.00%−14,976−1.1%Reduced
Assenagon Asset Management S.A.0$00.00%−31,495−100.0%Sold out
Grantham, Mayo, Van Otterloo & Co. LLC0$00.00%−11,536−100.0%Sold out
Truist Financial Corp0$00.00%−10,347−100.0%Sold out
Principal Financial Group Inc0$00.00%−9,270−100.0%Sold out
HSBC Holdings PLC0$00.00%−7,257−100.0%Sold out
Manufacturers Life Insurance Company, The0$00.00%−6,852−100.0%Sold out
Pitcairn Co0$00.00%−6,767−100.0%Sold out
Prudential Financial Inc0$00.00%−6,324−100.0%Sold out
Venture Visionary Partners LLC0$00.00%−4,429−100.0%Sold out
Johnson Financial Group, Inc.0$00.00%−128−100.0%Sold out
CoreCap Advisors, LLC0$00.00%−50−100.0%Sold out
Parallel Advisors, LLC0$00.00%−6−100.0%Sold out
Strategies Wealth Advisors, LLC––––Not filed
Dorsey Wright & Associates––––Not filed
Private Capital Group, LLC––––Not filed