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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, 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.

Institutional holdersQ4 2022: 130 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 heldQ4 2022: $300.2M
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, Q4 2022

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q3 2022.

Institutions holding MBWM in Q4 2022
InstitutionSharesValue% of portfolioChange in sharesAction
Great West Life Assurance Co2,148$72.0K0.00%+710+49.4%Added
Fifth Third Bancorp2,143$71.7K0.00%−694−24.5%Reduced
Amalgamated Bank1,942$65.0K0.00%00.0%Unchanged
Zurcher Kantonalbank (Zurich Cantonalbank)1,402$46.9K0.00%00.0%Unchanged
Ameritas Investment Partners, Inc.1,185$40.5K0.00%00.0%Unchanged
Metropolitan Life Insurance Co1,087$36.4K0.00%00.0%Unchanged
Allspring Global Investments Holdings, LLC1,003$33.6K0.00%−55−5.2%Reduced
Macquarie Group Ltd976$33.0K0.00%+976Added
Aquatic Capital Management LLC1,000$33.0K0.00%+900+900.0%Added
Lazard Asset Management LLC905$30.0K0.00%+905New
ICA Group Wealth Management, LLC776$26.0K0.01%+776New
First Horizon Advisors, Inc.764$25.6K0.00%00.0%Unchanged
Umb Bank N A719$24.0K0.00%−206−22.3%Reduced
Dorsey Wright & Associates708$23.7K0.01%+708New
Citigroup Inc530$17.7K0.00%−204−27.8%Reduced
CWM, LLC369$12.0K0.00%+110+42.5%Added
Tower Research Capital LLC (TRC)340$11.0K0.00%−3,142−90.2%Reduced
Center for Financial Planning, Inc.283$9.47K0.00%00.0%Unchanged
Signaturefd, LLC183$6.13K0.00%−39−17.6%Reduced
Comerica Securities,inc.180$6.03K0.00%+180New
Quadrant Capital Group LLC164$5.49K0.00%+110+203.7%Added
Private Trust Co NA126$4.00K0.00%00.0%Unchanged
IFP Advisors, Inc93$3.00K0.00%−29−23.8%Reduced
CoreCap Advisors, LLC50$1.67K0.00%+50New
Cornerstone Management, Inc.41$1.36K0.00%+1+2.5%Added
Proequities, Inc.31$1.04K0.00%+4+14.8%Added
Covestor Ltd33$1.00K0.00%−3−8.3%Reduced
Lindbrook Capital, LLC13$4350.00%−19−59.4%Reduced
Glassman Wealth Services6$2010.00%00.0%Unchanged
Huntington National Bank1$330.00%00.0%Unchanged
Citadel Advisors LLC0$00.00%−70,383−100.0%Sold out
rhino investment partners, Inc0$00.00%−64,711−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−27,788−100.0%Sold out
Raymond James & Associates0$00.00%−15,130−100.0%Sold out
Cubist Systematic Strategies, LLC0$00.00%−6,605−100.0%Sold out
Point72 Hong Kong Ltd0$00.00%−380−100.0%Sold out
Ellis Investment Partners, LLC0$00.00%−312−100.0%Sold out
Plante Moran Financial Advisors, LLC0$00.00%−167−100.0%Sold out
Bartlett & Co. Wealth Management LLC0$00.00%−44−100.0%Sold out
Manchester Capital Management LLC0$00.00%−24−100.0%Sold out
Bartlett & Co. LLC0$00.00%−44−100.0%Sold out
Eidelman Virant Capital––––Not filed
Wipfli Financial Advisors LLC,––––Not filed