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, Q4 2022
Institutional positions in Mercantile Bank Corp as of Dec 31, 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
- 130
- +7 vs. Q3 2022
- Shares held
- 8.97M
- +178.5K (+2.0%) vs. Q3 2022
- Total value
- $300.2M
- +$39.1M (+15.0%) vs. Q3 2022
- New holders
- 18
- 47 more added
- Sold out
- 11
- 41 more reduced
2 institutions that held it in Q3 2022 haven't filed for Q4 2022 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2022
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q3 2022.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,409,174 | $47.2M | 0.00% | +60,236+4.5% | Added |
| Dimensional Fund Advisors LP | 1,190,201 | $39.8M | 0.01% | +10,538+0.9% | Added |
| Vanguard Group Inc | 772,734 | $25.9M | 0.00% | +13,353+1.8% | Added |
| Renaissance Technologies LLC | 592,813 | $19.8M | 0.03% | −30,000−4.8% | Reduced |
| Banc Funds Co LLC | 493,158 | $16.5M | 1.46% | 00.0% | Unchanged |
| State Street Corp | 376,157 | $12.6M | 0.00% | −1,808−0.5% | Reduced |
| North Star Asset Management Inc | 317,872 | $10.6M | 0.66% | +7,321+2.4% | Added |
| Tributary Capital Management, LLC | 308,711 | $10.3M | 1.03% | −11,870−3.7% | Reduced |
| Stieven Capital Advisors, L.P. | 297,008 | $9.94M | 1.79% | +600+0.2% | Added |
| Geode Capital Management, LLC | 282,715 | $9.46M | 0.00% | +10,465+3.8% | Added |
| Northern Trust Corp | 187,527 | $6.28M | 0.00% | −930−0.5% | Reduced |
| LSV Asset Management | 150,620 | $5.04M | 0.01% | +16,120+12.0% | Added |
| Hotchkis & Wiley Capital Management LLC | 129,830 | $4.35M | 0.02% | −6,380−4.7% | Reduced |
| Acadian Asset Management LLC | 127,682 | $4.27M | 0.02% | −12,192−8.7% | Reduced |
| Bank of New York Mellon Corp | 124,829 | $4.18M | 0.00% | +11,413+10.1% | Added |
| American Century Companies Inc | 113,796 | $3.81M | 0.00% | +17,924+18.7% | Added |
| Millennium Management LLC | 113,047 | $3.79M | 0.00% | +58,528+107.4% | Added |
| Morgan Stanley | 112,916 | $3.78M | 0.00% | +4,749+4.4% | Added |
| Charles Schwab Investment Management Inc | 111,112 | $3.72M | 0.00% | +4,404+4.1% | Added |
| Royal Bank of Canada | 100,388 | $3.36M | 0.00% | −230.0% | Reduced |
| Sanford Advisory Services, LLC | 86,640 | $2.90M | 0.69% | 00.0% | Unchanged |
| Bridgeway Capital Management, LLC | 73,800 | $2.47M | 0.06% | 00.0% | Unchanged |
| Bank of America Corp | 64,321 | $2.15M | 0.00% | +7,847+13.9% | Added |
| JPMorgan Chase & Co | 60,448 | $2.02M | 0.00% | +24,789+69.5% | Added |
| jvl associates llc | 54,313 | $1.82M | 1.06% | −13,701−20.1% | Reduced |
| AQR Capital Management LLC | 52,544 | $1.76M | 0.00% | +8,724+19.9% | Added |
| John W. Rosenthal Capital Management, Inc. | 50,000 | $1.67M | 1.50% | 00.0% | Unchanged |
| Oberweis Asset Management Inc | 49,819 | $1.67M | 0.35% | +7,262+17.1% | Added |
| First Trust Advisors LP | 45,611 | $1.53M | 0.00% | +13,279+41.1% | Added |
| LaFleur & Godfrey LLC | 41,881 | $1.40M | 0.23% | −93−0.2% | Reduced |
| Wells Fargo & Company | 39,113 | $1.31M | 0.00% | −786−2.0% | Reduced |
| Panagora Asset Management Inc | 36,871 | $1.23M | 0.01% | +7,883+27.2% | Added |
| Assenagon Asset Management S.A. | 36,647 | $1.23M | 0.01% | +36,647 | New |
| Invesco Ltd. | 36,407 | $1.22M | 0.00% | −8,411−18.8% | Reduced |
| Swiss National Bank | 36,400 | $1.22M | 0.00% | +700+2.0% | Added |
| Victory Capital Management Inc | 35,227 | $1.18M | 0.00% | −833−2.3% | Reduced |
| Healthcare of Ontario Pension Plan Trust Fund | 34,300 | $1.15M | 0.01% | +34,300 | New |
| Envestnet Asset Management Inc | 33,365 | $1.12M | 0.00% | +219+0.7% | Added |
| Goldman Sachs Group Inc | 31,936 | $1.07M | 0.00% | +4,057+14.6% | Added |
| Nuveen Asset Management, LLC | 31,592 | $1.06M | 0.00% | −12,613−28.5% | Reduced |
| Cornercap Investment Counsel Inc | 29,678 | $993.6K | 0.17% | +900+3.1% | Added |
| Ameriprise Financial Inc | 29,140 | $976.0K | 0.00% | −358−1.2% | Reduced |
| Two Sigma Advisers, LP | 28,884 | $967.0K | 0.00% | −700−2.4% | Reduced |
| BHZ Capital Management, LP | 28,146 | $942.3K | 0.47% | −5,232−15.7% | Reduced |
| Two Sigma Investments, LP | 25,250 | $845.4K | 0.00% | −825−3.2% | Reduced |
| Los Angeles Capital Management LLC | 24,451 | $818.6K | 0.00% | 00.0% | Unchanged |
| Rhumbline Advisers | 24,066 | $806.0K | 0.00% | +404+1.7% | Added |
| Round Hill Asset Management | 20,207 | $676.5K | 0.42% | 00.0% | Unchanged |
| Shakespeare Wealth Management, Inc. | 19,963 | $668.4K | 0.25% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 19,725 | $660.4K | 0.00% | −465−2.3% | Reduced |
| California State Teachers Retirement System | 19,222 | $643.6K | 0.00% | +193+1.0% | Added |
| STRS Ohio | 18,600 | $622.0K | 0.00% | −1,400−7.0% | Reduced |
| Baird Financial Group, Inc. | 17,711 | $593.0K | 0.00% | +36+0.2% | Added |
| Regal Investment Advisors LLC | 17,183 | $575.3K | 0.06% | +31+0.2% | Added |
| Wellington Management Group LLP | 14,560 | $487.5K | 0.00% | +14,560 | New |
| First National Bank of Omaha | 13,534 | $453.0K | 0.03% | −1,216−8.2% | Reduced |
| New York State Common Retirement Fund | 12,831 | $429.6K | 0.00% | −50.0% | Reduced |
| Financial Counselors Inc | 12,328 | $413.0K | 0.01% | 00.0% | Unchanged |
| Credit Suisse AG | 12,280 | $411.1K | 0.00% | +1,365+12.5% | Added |
| Martingale Asset Management L P | 12,207 | $408.7K | 0.01% | +12,207 | New |
| Bailard, Inc. | 12,000 | $401.8K | 0.02% | +12,000 | New |
| Seizert Capital Partners, LLC | 11,873 | $397.5K | 0.02% | 00.0% | Unchanged |
| Heritage Wealth Management, LLC | 11,596 | $388.2K | 0.06% | +6,372+122.0% | Added |
| Teacher Retirement System of Texas | 11,259 | $377.0K | 0.00% | −634−5.3% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 11,063 | $370.0K | 0.02% | +337+3.1% | Added |
| Raymond James Financial Services Advisors, Inc. | 10,676 | $357.5K | 0.00% | +1,813+20.5% | Added |
| Strategies Wealth Advisors, LLC | 10,177 | $340.7K | 0.08% | +10,177 | New |
| Creative Planning | 9,836 | $329.3K | 0.00% | +21+0.2% | Added |
| Barclays PLC | 9,675 | $323.9K | 0.00% | +6,317+188.1% | Added |
| International Assets Investment Management, LLC | 9,302 | $311.4K | 0.03% | +9,302 | New |
| Alliancebernstein L.P. | 9,191 | $307.7K | 0.00% | +400+4.6% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $307.6K | 0.02% | 00.0% | Unchanged |
| Brandywine Global Investment Management, LLC | 9,181 | $307.4K | 0.00% | −278−2.9% | Reduced |
| Quadrature Capital Ltd | 8,497 | $284.0K | 0.01% | −5,221−38.1% | Reduced |
| Truist Financial Corp | 8,455 | $283.1K | 0.00% | +8,455 | New |
| MetLife Investment Management | 8,397 | $281.1K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 8,373 | $280.4K | 0.00% | +154+1.9% | Added |
| UBS Group AG | 7,627 | $255.4K | 0.00% | +4,191+122.0% | Added |
| The PNC Financial Services Group, Inc. | 7,605 | $254.6K | 0.00% | −855−10.1% | Reduced |
| Dynamic Advisor Solutions LLC | 7,500 | $251.1K | 0.02% | 00.0% | Unchanged |
| Stifel Financial Corp | 7,300 | $244.4K | 0.00% | −135−1.8% | Reduced |
| American International Group, Inc. | 7,283 | $243.8K | 0.00% | −27−0.4% | Reduced |
| Legal & General Group Plc | 7,265 | $243.2K | 0.00% | +243+3.5% | Added |
| HSBC Holdings PLC | 7,268 | $243.0K | 0.00% | +7,268 | New |
| Voya Investment Management LLC | 6,981 | $233.7K | 0.00% | 00.0% | Unchanged |
| Trexquant Investment LP | 6,704 | $224.4K | 0.01% | −425−6.0% | Reduced |
| US Bancorp | 6,484 | $217.1K | 0.00% | −201−3.0% | Reduced |
| Deutsche Bank AG | 6,476 | $216.8K | 0.00% | +102+1.6% | Added |
| Manufacturers Life Insurance Company, The | 6,393 | $214.0K | 0.00% | +6,393 | New |
| Prudential Financial Inc | 6,360 | $212.9K | 0.00% | +6,360 | New |
| Pitcairn Co | 6,350 | $212.6K | 0.02% | +6,350 | New |
| FMR LLC | 6,114 | $204.7K | 0.00% | +40+0.7% | Added |
| Well Done, LLC | 5,996 | $200.7K | 0.04% | +5,996 | New |
| Advisor Group Holdings, Inc. | 5,617 | $188.2K | 0.00% | −918−14.0% | Reduced |
| Federated Hermes, Inc. | 4,933 | $165.2K | 0.00% | +51+1.0% | Added |
| SG Americas Securities, LLC | 4,861 | $163.0K | 0.00% | +1,320+37.3% | Added |
| BNP Paribas Arbitrage, SA | 3,113 | $104.2K | 0.00% | −2,402−43.6% | Reduced |
| Public Employees Retirement System of Ohio | 3,064 | $103.0K | 0.00% | −696−18.5% | Reduced |
| Nisa Investment Advisors, LLC | 2,990 | $100.0K | 0.00% | 00.0% | Unchanged |
| Oliver Lagore Vanvalin Investment Group | 2,191 | $73.4K | 0.04% | 00.0% | Unchanged |