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.
Q1 2023 vs. Q4 2022
How the institutions holding Mercantile Bank Corp changed between Q4 2022 and Q1 2023.
All holders in Q1 2023All holders in Q4 2022
| Measure | Q4 2022 | Of which not filed for Q1 2023 | Q1 2023 | Change |
|---|---|---|---|---|
| Holders | 130 | 3 | 128 | +1 |
| Shares | 8.97M | 98.3K | 9.09M | +224.6K (+2.5%) |
| Value | $300.2M | $3.29M | $278.0M | −$18.9M (−6.4%) |
3 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so the changes leave them out.
New holders (15)
Institutions that held Mercantile Bank Corp at the end of Q1 2023 but not at the end of Q4 2022.
| Institution | Shares | Value | % of portfolio |
|---|---|---|---|
| Mercer Global Advisors Inc | 86,641 | $2.65M | 0.01% |
| Hillsdale Investment Management Inc. | 58,548 | $1.79M | 0.15% |
| Kennedy Capital Management, Inc. | 16,206 | $495.6K | 0.01% |
| New York Life Investment Management LLC | 15,469 | $473.0K | 0.01% |
| Buckingham Strategic Partners | 12,545 | $383.6K | 0.02% |
| Citadel Advisors LLC | 9,135 | $279.3K | 0.00% |
| UBS Asset Management Americas Inc | 8,502 | $260.0K | 0.00% |
| Susquehanna International Group, LLP | 7,552 | $230.9K | 0.00% |
| Thrivent Financial for Lutherans | 7,138 | $218.0K | 0.00% |
| Janus Henderson Group PLC | 6,834 | $208.6K | 0.00% |
| Ameritas Advisory Services, LLC | 2,656 | $75.5K | 0.00% |
| Quantbot Technologies LP | 957 | $29.3K | 0.00% |
| Harbour Investments, Inc. | 250 | $7.64K | 0.00% |
| Manchester Capital Management LLC | 62 | $1.90K | 0.00% |
| Toronto Dominion Bank | 10 | $0 | 0.00% |
Sold out (14)
Institutions that held Mercantile Bank Corp at the end of Q4 2022 and filed for Q1 2023 without it.
| Institution | Shares, Q4 2022 | Value, Q4 2022 |
|---|---|---|
| Healthcare of Ontario Pension Plan Trust Fund | 34,300 | $1.15M |
| Wellington Management Group LLP | 14,560 | $487.5K |
| Bailard, Inc. | 12,000 | $401.8K |
| Raymond James Financial Services Advisors, Inc. | 10,676 | $357.5K |
| International Assets Investment Management, LLC | 9,302 | $311.4K |
| Quadrature Capital Ltd | 8,497 | $284.0K |
| Trexquant Investment LP | 6,704 | $224.4K |
| Manufacturers Life Insurance Company, The | 6,393 | $214.0K |
| Prudential Financial Inc | 6,360 | $212.9K |
| Pitcairn Co | 6,350 | $212.6K |
| Well Done, LLC | 5,996 | $200.7K |
| Aquatic Capital Management LLC | 1,000 | $33.0K |
| ICA Group Wealth Management, LLC | 776 | $26.0K |
| Comerica Securities,inc. | 180 | $6.03K |
Not filed for Q1 2023 yet (3)
Institutions that held Mercantile Bank Corp at the end of Q4 2022 and haven't filed a 13F for Q1 2023. Not filing isn't selling, so they aren't counted as sold out.
| Institution | Shares, Q4 2022 | Value, Q4 2022 |
|---|---|---|
| Sanford Advisory Services, LLC | 86,640 | $2.90M |
| Heritage Wealth Management, LLC | 11,596 | $388.2K |
| CoreCap Advisors, LLC | 50 | $1.67K |