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, 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 | $691.0M |
| Q1 2026 | 201 | $590.5M |
| Q4 2025 | 192 | $514.8M |
| Q3 2025 | 200 | $477.7M |
| Q2 2025 | 196 | $484.0M |
| Q1 2025 | 194 | $452.3M |
| Q4 2024 | 178 | $457.6M |
| Q3 2024 | 161 | $435.8M |
| Q2 2024 | 162 | $399.1M |
| Q1 2024 | 155 | $372.3M |
| Q4 2023 | 141 | $381.4M |
| Q3 2023 | 133 | $283.3M |
| Q2 2023 | 118 | $250.1M |
| Q1 2023 | 128 | $278.0M |
| Q4 2022 | 130 | $300.2M |
| Q3 2022 | 125 | $261.6M |
| Q2 2022 | 129 | $283.0M |
| Q1 2022 | 122 | $307.7M |
| Q4 2021 | 120 | $296.9M |
| 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 |
|---|---|---|---|---|---|
| Huntington National Bank | 1 | $33 | 0.00% | 00.0% | Unchanged |
| Glassman Wealth Services | 6 | $201 | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 13 | $435 | 0.00% | −19−59.4% | Reduced |
| Covestor Ltd | 33 | $1.00K | 0.00% | −3−8.3% | Reduced |
| Proequities, Inc. | 31 | $1.04K | 0.00% | +4+14.8% | Added |
| Cornerstone Management, Inc. | 41 | $1.36K | 0.00% | +1+2.5% | Added |
| CoreCap Advisors, LLC | 50 | $1.67K | 0.00% | +50 | New |
| IFP Advisors, Inc | 93 | $3.00K | 0.00% | −29−23.8% | Reduced |
| Private Trust Co NA | 126 | $4.00K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 164 | $5.49K | 0.00% | +110+203.7% | Added |
| Comerica Securities,inc. | 180 | $6.03K | 0.00% | +180 | New |
| Signaturefd, LLC | 183 | $6.13K | 0.00% | −39−17.6% | Reduced |
| Center for Financial Planning, Inc. | 283 | $9.47K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 340 | $11.0K | 0.00% | −3,142−90.2% | Reduced |
| CWM, LLC | 369 | $12.0K | 0.00% | +110+42.5% | Added |
| Citigroup Inc | 530 | $17.7K | 0.00% | −204−27.8% | Reduced |
| Dorsey Wright & Associates | 708 | $23.7K | 0.01% | +708 | New |
| Umb Bank N A | 719 | $24.0K | 0.00% | −206−22.3% | Reduced |
| First Horizon Advisors, Inc. | 764 | $25.6K | 0.00% | 00.0% | Unchanged |
| ICA Group Wealth Management, LLC | 776 | $26.0K | 0.01% | +776 | New |
| Lazard Asset Management LLC | 905 | $30.0K | 0.00% | +905 | New |
| Macquarie Group Ltd | 976 | $33.0K | 0.00% | +976 | Added |
| Aquatic Capital Management LLC | 1,000 | $33.0K | 0.00% | +900+900.0% | Added |
| Allspring Global Investments Holdings, LLC | 1,003 | $33.6K | 0.00% | −55−5.2% | Reduced |
| Metropolitan Life Insurance Co | 1,087 | $36.4K | 0.00% | 00.0% | Unchanged |
| Ameritas Investment Partners, Inc. | 1,185 | $40.5K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 1,402 | $46.9K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,942 | $65.0K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 2,143 | $71.7K | 0.00% | −694−24.5% | Reduced |
| Great West Life Assurance Co | 2,148 | $72.0K | 0.00% | +710+49.4% | Added |
| Oliver Lagore Vanvalin Investment Group | 2,191 | $73.4K | 0.04% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,990 | $100.0K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,064 | $103.0K | 0.00% | −696−18.5% | Reduced |
| BNP Paribas Arbitrage, SA | 3,113 | $104.2K | 0.00% | −2,402−43.6% | Reduced |
| SG Americas Securities, LLC | 4,861 | $163.0K | 0.00% | +1,320+37.3% | Added |
| Federated Hermes, Inc. | 4,933 | $165.2K | 0.00% | +51+1.0% | Added |
| Advisor Group Holdings, Inc. | 5,617 | $188.2K | 0.00% | −918−14.0% | Reduced |
| Well Done, LLC | 5,996 | $200.7K | 0.04% | +5,996 | New |
| FMR LLC | 6,114 | $204.7K | 0.00% | +40+0.7% | Added |
| Pitcairn Co | 6,350 | $212.6K | 0.02% | +6,350 | New |
| Prudential Financial Inc | 6,360 | $212.9K | 0.00% | +6,360 | New |
| Manufacturers Life Insurance Company, The | 6,393 | $214.0K | 0.00% | +6,393 | New |
| Deutsche Bank AG | 6,476 | $216.8K | 0.00% | +102+1.6% | Added |
| US Bancorp | 6,484 | $217.1K | 0.00% | −201−3.0% | Reduced |
| Trexquant Investment LP | 6,704 | $224.4K | 0.01% | −425−6.0% | Reduced |
| Voya Investment Management LLC | 6,981 | $233.7K | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 7,268 | $243.0K | 0.00% | +7,268 | New |
| Legal & General Group Plc | 7,265 | $243.2K | 0.00% | +243+3.5% | Added |
| American International Group, Inc. | 7,283 | $243.8K | 0.00% | −27−0.4% | Reduced |
| Stifel Financial Corp | 7,300 | $244.4K | 0.00% | −135−1.8% | Reduced |
| Dynamic Advisor Solutions LLC | 7,500 | $251.1K | 0.02% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 7,605 | $254.6K | 0.00% | −855−10.1% | Reduced |
| UBS Group AG | 7,627 | $255.4K | 0.00% | +4,191+122.0% | Added |
| LPL Financial LLC | 8,373 | $280.4K | 0.00% | +154+1.9% | Added |
| MetLife Investment Management | 8,397 | $281.1K | 0.00% | 00.0% | Unchanged |
| Truist Financial Corp | 8,455 | $283.1K | 0.00% | +8,455 | New |
| Quadrature Capital Ltd | 8,497 | $284.0K | 0.01% | −5,221−38.1% | Reduced |
| Brandywine Global Investment Management, LLC | 9,181 | $307.4K | 0.00% | −278−2.9% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $307.6K | 0.02% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 9,191 | $307.7K | 0.00% | +400+4.6% | Added |
| International Assets Investment Management, LLC | 9,302 | $311.4K | 0.03% | +9,302 | New |
| Barclays PLC | 9,675 | $323.9K | 0.00% | +6,317+188.1% | Added |
| Creative Planning | 9,836 | $329.3K | 0.00% | +21+0.2% | Added |
| Strategies Wealth Advisors, LLC | 10,177 | $340.7K | 0.08% | +10,177 | New |
| Raymond James Financial Services Advisors, Inc. | 10,676 | $357.5K | 0.00% | +1,813+20.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 11,063 | $370.0K | 0.02% | +337+3.1% | Added |
| Teacher Retirement System of Texas | 11,259 | $377.0K | 0.00% | −634−5.3% | Reduced |
| Heritage Wealth Management, LLC | 11,596 | $388.2K | 0.06% | +6,372+122.0% | Added |
| Seizert Capital Partners, LLC | 11,873 | $397.5K | 0.02% | 00.0% | Unchanged |
| Bailard, Inc. | 12,000 | $401.8K | 0.02% | +12,000 | New |
| Martingale Asset Management L P | 12,207 | $408.7K | 0.01% | +12,207 | New |
| Credit Suisse AG | 12,280 | $411.1K | 0.00% | +1,365+12.5% | Added |
| Financial Counselors Inc | 12,328 | $413.0K | 0.01% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 12,831 | $429.6K | 0.00% | −50.0% | Reduced |
| First National Bank of Omaha | 13,534 | $453.0K | 0.03% | −1,216−8.2% | Reduced |
| Wellington Management Group LLP | 14,560 | $487.5K | 0.00% | +14,560 | New |
| Regal Investment Advisors LLC | 17,183 | $575.3K | 0.06% | +31+0.2% | Added |
| Baird Financial Group, Inc. | 17,711 | $593.0K | 0.00% | +36+0.2% | Added |
| STRS Ohio | 18,600 | $622.0K | 0.00% | −1,400−7.0% | Reduced |
| California State Teachers Retirement System | 19,222 | $643.6K | 0.00% | +193+1.0% | Added |
| Jacobs Levy Equity Management, Inc | 19,725 | $660.4K | 0.00% | −465−2.3% | Reduced |
| Shakespeare Wealth Management, Inc. | 19,963 | $668.4K | 0.25% | 00.0% | Unchanged |
| Round Hill Asset Management | 20,207 | $676.5K | 0.42% | 00.0% | Unchanged |
| Rhumbline Advisers | 24,066 | $806.0K | 0.00% | +404+1.7% | Added |
| Los Angeles Capital Management LLC | 24,451 | $818.6K | 0.00% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 25,250 | $845.4K | 0.00% | −825−3.2% | Reduced |
| BHZ Capital Management, LP | 28,146 | $942.3K | 0.47% | −5,232−15.7% | Reduced |
| Two Sigma Advisers, LP | 28,884 | $967.0K | 0.00% | −700−2.4% | Reduced |
| Ameriprise Financial Inc | 29,140 | $976.0K | 0.00% | −358−1.2% | Reduced |
| Cornercap Investment Counsel Inc | 29,678 | $993.6K | 0.17% | +900+3.1% | Added |
| Nuveen Asset Management, LLC | 31,592 | $1.06M | 0.00% | −12,613−28.5% | Reduced |
| Goldman Sachs Group Inc | 31,936 | $1.07M | 0.00% | +4,057+14.6% | Added |
| Envestnet Asset Management Inc | 33,365 | $1.12M | 0.00% | +219+0.7% | Added |
| Healthcare of Ontario Pension Plan Trust Fund | 34,300 | $1.15M | 0.01% | +34,300 | New |
| Victory Capital Management Inc | 35,227 | $1.18M | 0.00% | −833−2.3% | Reduced |
| Swiss National Bank | 36,400 | $1.22M | 0.00% | +700+2.0% | Added |
| Invesco Ltd. | 36,407 | $1.22M | 0.00% | −8,411−18.8% | Reduced |
| Assenagon Asset Management S.A. | 36,647 | $1.23M | 0.01% | +36,647 | New |
| Panagora Asset Management Inc | 36,871 | $1.23M | 0.01% | +7,883+27.2% | Added |
| Wells Fargo & Company | 39,113 | $1.31M | 0.00% | −786−2.0% | Reduced |