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 |
|---|---|---|---|---|---|
| LaFleur & Godfrey LLC | 41,881 | $1.40M | 0.23% | −93−0.2% | Reduced |
| First Trust Advisors LP | 45,611 | $1.53M | 0.00% | +13,279+41.1% | Added |
| Oberweis Asset Management Inc | 49,819 | $1.67M | 0.35% | +7,262+17.1% | Added |
| John W. Rosenthal Capital Management, Inc. | 50,000 | $1.67M | 1.50% | 00.0% | Unchanged |
| AQR Capital Management LLC | 52,544 | $1.76M | 0.00% | +8,724+19.9% | Added |
| jvl associates llc | 54,313 | $1.82M | 1.06% | −13,701−20.1% | Reduced |
| JPMorgan Chase & Co | 60,448 | $2.02M | 0.00% | +24,789+69.5% | Added |
| Bank of America Corp | 64,321 | $2.15M | 0.00% | +7,847+13.9% | Added |
| Bridgeway Capital Management, LLC | 73,800 | $2.47M | 0.06% | 00.0% | Unchanged |
| Sanford Advisory Services, LLC | 86,640 | $2.90M | 0.69% | 00.0% | Unchanged |
| Royal Bank of Canada | 100,388 | $3.36M | 0.00% | −230.0% | Reduced |
| Charles Schwab Investment Management Inc | 111,112 | $3.72M | 0.00% | +4,404+4.1% | Added |
| Morgan Stanley | 112,916 | $3.78M | 0.00% | +4,749+4.4% | Added |
| Millennium Management LLC | 113,047 | $3.79M | 0.00% | +58,528+107.4% | Added |
| American Century Companies Inc | 113,796 | $3.81M | 0.00% | +17,924+18.7% | Added |
| Bank of New York Mellon Corp | 124,829 | $4.18M | 0.00% | +11,413+10.1% | Added |
| Acadian Asset Management LLC | 127,682 | $4.27M | 0.02% | −12,192−8.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 129,830 | $4.35M | 0.02% | −6,380−4.7% | Reduced |
| LSV Asset Management | 150,620 | $5.04M | 0.01% | +16,120+12.0% | Added |
| Northern Trust Corp | 187,527 | $6.28M | 0.00% | −930−0.5% | Reduced |
| Geode Capital Management, LLC | 282,715 | $9.46M | 0.00% | +10,465+3.8% | Added |
| Stieven Capital Advisors, L.P. | 297,008 | $9.94M | 1.79% | +600+0.2% | Added |
| Tributary Capital Management, LLC | 308,711 | $10.3M | 1.03% | −11,870−3.7% | Reduced |
| North Star Asset Management Inc | 317,872 | $10.6M | 0.66% | +7,321+2.4% | Added |
| State Street Corp | 376,157 | $12.6M | 0.00% | −1,808−0.5% | Reduced |
| Banc Funds Co LLC | 493,158 | $16.5M | 1.46% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 592,813 | $19.8M | 0.03% | −30,000−4.8% | Reduced |
| Vanguard Group Inc | 772,734 | $25.9M | 0.00% | +13,353+1.8% | Added |
| Dimensional Fund Advisors LP | 1,190,201 | $39.8M | 0.01% | +10,538+0.9% | Added |
| BlackRock Inc. | 1,409,174 | $47.2M | 0.00% | +60,236+4.5% | Added |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −70,383−100.0% | Sold out |
| rhino investment partners, Inc | 0 | $0 | 0.00% | −64,711−100.0% | Sold out |
| Thrivent Financial for Lutherans | 0 | $0 | 0.00% | −27,788−100.0% | Sold out |
| Raymond James & Associates | 0 | $0 | 0.00% | −15,130−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | 0 | $0 | 0.00% | −6,605−100.0% | Sold out |
| Point72 Hong Kong Ltd | 0 | $0 | 0.00% | −380−100.0% | Sold out |
| Ellis Investment Partners, LLC | 0 | $0 | 0.00% | −312−100.0% | Sold out |
| Plante Moran Financial Advisors, LLC | 0 | $0 | 0.00% | −167−100.0% | Sold out |
| Bartlett & Co. Wealth Management LLC | 0 | $0 | 0.00% | −44−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −24−100.0% | Sold out |
| Bartlett & Co. LLC | 0 | $0 | 0.00% | −44−100.0% | Sold out |
| Eidelman Virant Capital | – | – | – | – | Not filed |
| Wipfli Financial Advisors LLC, | – | – | – | – | Not filed |