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, Q2 2023
Institutional positions in Mercantile Bank Corp as of Jun 30, 2023. 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
- 118
- −10 vs. Q1 2023
- Shares held
- 9.05M
- −122.7K (−1.3%) vs. Q1 2023
- Total value
- $250.4M
- −$30.2M (−10.8%) vs. Q1 2023
- New holders
- 7
- 41 more added
- Sold out
- 17
- 49 more reduced
Compare with Q1 2023: 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, Q2 2023
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,443,161 | $39.9M | 0.00% | +59,394+4.3% | Added |
| Dimensional Fund Advisors LP | 1,163,193 | $32.1M | 0.01% | −29,443−2.5% | Reduced |
| Vanguard Group Inc | 786,465 | $21.7M | 0.00% | −4,373−0.6% | Reduced |
| Renaissance Technologies LLC | 541,713 | $15.0M | 0.02% | −5,600−1.0% | Reduced |
| Banc Funds Co LLC | 493,158 | $13.6M | 1.60% | 00.0% | Unchanged |
| State Street Corp | 408,212 | $11.3M | 0.00% | +15,491+3.9% | Added |
| North Star Asset Management Inc | 358,234 | $9.89M | 0.55% | +26,070+7.8% | Added |
| Tributary Capital Management, LLC | 314,587 | $8.69M | 0.78% | −4,854−1.5% | Reduced |
| Geode Capital Management, LLC | 306,205 | $8.46M | 0.00% | +13,028+4.4% | Added |
| Stieven Capital Advisors, L.P. | 222,973 | $6.16M | 1.59% | −21,133−8.7% | Reduced |
| LSV Asset Management | 212,678 | $5.87M | 0.01% | +1,296+0.6% | Added |
| Charles Schwab Investment Management Inc | 191,676 | $5.29M | 0.00% | +30,284+18.8% | Added |
| Northern Trust Corp | 184,252 | $5.09M | 0.00% | +494+0.3% | Added |
| American Century Companies Inc | 143,551 | $3.96M | 0.00% | +12,856+9.8% | Added |
| Hotchkis & Wiley Capital Management LLC | 139,680 | $3.86M | 0.01% | +11,150+8.7% | Added |
| Bank of New York Mellon Corp | 121,510 | $3.36M | 0.00% | −931−0.8% | Reduced |
| Morgan Stanley | 89,199 | $2.46M | 0.00% | −11,464−11.4% | Reduced |
| Mercer Global Advisors Inc | 86,641 | $2.39M | 0.01% | 00.0% | Unchanged |
| Royal Bank of Canada | 85,470 | $2.36M | 0.00% | −717−0.8% | Reduced |
| Bridgeway Capital Management, LLC | 83,337 | $2.30M | 0.06% | +3,447+4.3% | Added |
| Acadian Asset Management LLC | 82,595 | $2.28M | 0.01% | −17,871−17.8% | Reduced |
| First Trust Advisors LP | 67,054 | $1.85M | 0.00% | +16,890+33.7% | Added |
| jvl associates llc | 64,755 | $1.79M | 0.87% | +52+0.1% | Added |
| Hillsdale Investment Management Inc. | 63,740 | $1.76M | 0.16% | +5,192+8.9% | Added |
| Oberweis Asset Management Inc | 62,789 | $1.73M | 0.21% | +2,755+4.6% | Added |
| JPMorgan Chase & Co | 61,098 | $1.69M | 0.00% | +3,330+5.8% | Added |
| Goldman Sachs Group Inc | 48,693 | $1.34M | 0.00% | +11,725+31.7% | Added |
| AQR Capital Management LLC | 45,481 | $1.26M | 0.00% | −3,350−6.9% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.24M | 1.56% | −5,000−10.0% | Reduced |
| Bank of America Corp | 42,342 | $1.17M | 0.00% | −4,638−9.9% | Reduced |
| Brandywine Global Investment Management, LLC | 41,918 | $1.16M | 0.01% | −36,338−46.4% | Reduced |
| LaFleur & Godfrey LLC | 37,647 | $1.04M | 0.16% | −827−2.1% | Reduced |
| Empowered Funds, LLC | 36,037 | $995.3K | 0.03% | +36,037 | New |
| EA Series Trust | 36,037 | $995.3K | 0.03% | +36,037 | New |
| Two Sigma Advisers, LP | 35,284 | $974.5K | 0.00% | −3,800−9.7% | Reduced |
| Millennium Management LLC | 35,267 | $974.1K | 0.00% | −101,194−74.2% | Reduced |
| Wells Fargo & Company | 34,715 | $958.8K | 0.00% | −7,046−16.9% | Reduced |
| Envestnet Asset Management Inc | 33,586 | $927.6K | 0.00% | +439+1.3% | Added |
| Swiss National Bank | 33,100 | $914.2K | 0.00% | +600+1.8% | Added |
| Ameriprise Financial Inc | 32,361 | $893.8K | 0.00% | −164−0.5% | Reduced |
| Victory Capital Management Inc | 31,342 | $865.7K | 0.00% | −2,158−6.4% | Reduced |
| Nuveen Asset Management, LLC | 31,290 | $864.2K | 0.00% | 00.0% | Unchanged |
| Cornercap Investment Counsel Inc | 29,902 | $825.9K | 0.14% | +224+0.8% | Added |
| Assenagon Asset Management S.A. | 26,195 | $723.5K | 0.00% | −39,977−60.4% | Reduced |
| Two Sigma Investments, LP | 25,557 | $705.9K | 0.00% | −9,372−26.8% | Reduced |
| Los Angeles Capital Management LLC | 24,075 | $665.0K | 0.00% | −100−0.4% | Reduced |
| Rhumbline Advisers | 24,004 | $663.0K | 0.00% | −816−3.3% | Reduced |
| Strategies Wealth Advisors, LLC | 22,593 | $624.0K | 0.13% | +195+0.9% | Added |
| Bank of Montreal | 20,233 | $614.5K | 0.00% | +20,233 | New |
| Jacobs Levy Equity Management, Inc | 21,156 | $584.3K | 0.00% | +1,177+5.9% | Added |
| Baird Financial Group, Inc. | 20,952 | $578.7K | 0.00% | +3,150+17.7% | Added |
| Invesco Ltd. | 20,742 | $572.9K | 0.00% | −3,218−13.4% | Reduced |
| Round Hill Asset Management | 20,207 | $558.1K | 0.34% | 00.0% | Unchanged |
| STRS Ohio | 20,200 | $557.0K | 0.00% | −35,600−63.8% | Reduced |
| Shakespeare Wealth Management, Inc. | 19,768 | $546.0K | 0.19% | −195−1.0% | Reduced |
| California State Teachers Retirement System | 18,292 | $505.2K | 0.00% | −674−3.6% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 17,754 | $490.0K | 0.03% | +5,597+46.0% | Added |
| Regal Investment Advisors LLC | 17,252 | $476.5K | 0.04% | +35+0.2% | Added |
| Barclays PLC | 17,246 | $476.3K | 0.00% | +2,327+15.6% | Added |
| Kennedy Capital Management, Inc. | 16,206 | $447.6K | 0.01% | 00.0% | Unchanged |
| Allspring Global Investments Holdings, LLC | 14,481 | $400.0K | 0.00% | +7,422+105.1% | Added |
| New York Life Investment Management LLC | 13,477 | $372.2K | 0.00% | −1,992−12.9% | Reduced |
| Teacher Retirement System of Texas | 13,145 | $363.0K | 0.00% | −954−6.8% | Reduced |
| First National Bank of Omaha | 13,012 | $359.4K | 0.02% | 00.0% | Unchanged |
| Buckingham Strategic Partners | 12,545 | $346.5K | 0.02% | 00.0% | Unchanged |
| Credit Suisse AG | 12,420 | $343.0K | 0.00% | +136+1.1% | Added |
| UBS Group AG | 11,362 | $313.8K | 0.00% | +2,992+35.7% | Added |
| Legal & General Group Plc | 10,330 | $285.3K | 0.00% | +2,762+36.5% | Added |
| Alliancebernstein L.P. | 10,211 | $282.0K | 0.00% | +1,420+16.2% | Added |
| Creative Planning | 9,956 | $275.0K | 0.00% | −693−6.5% | Reduced |
| UBS Asset Management Americas Inc | 8,502 | $260.0K | 0.00% | 00.0% | Unchanged |
| Azimuth Capital Investment Management LLC | 9,189 | $253.8K | 0.01% | 00.0% | Unchanged |
| Citigroup Inc | 9,148 | $252.7K | 0.00% | +8,744+2,164.4% | Added |
| Seizert Capital Partners, LLC | 8,985 | $248.2K | 0.01% | −622−6.5% | Reduced |
| Meitav Dash Investments Ltd | 210 | $246.0K | 0.00% | +210 | New |
| HSBC Holdings PLC | 8,721 | $241.7K | 0.00% | +834+10.6% | Added |
| MetLife Investment Management | 8,397 | $231.9K | 0.00% | 00.0% | Unchanged |
| Martingale Asset Management L P | 8,020 | $221.5K | 0.00% | −4,790−37.4% | Reduced |
| LPL Financial LLC | 7,907 | $218.4K | 0.00% | −160−2.0% | Reduced |
| Voya Investment Management LLC | 7,838 | $216.5K | 0.00% | +857+12.3% | Added |
| The PNC Financial Services Group, Inc. | 7,783 | $215.0K | 0.00% | −309−3.8% | Reduced |
| American International Group, Inc. | 7,554 | $208.6K | 0.00% | +123+1.7% | Added |
| Rafferty Asset Management, LLC | 7,366 | $203.4K | 0.00% | +7,366 | New |
| Deutsche Bank AG | 7,226 | $199.6K | 0.00% | −2,329−24.4% | Reduced |
| Citadel Advisors LLC | 6,632 | $183.2K | 0.00% | −2,503−27.4% | Reduced |
| FMR LLC | 6,395 | $176.6K | 0.00% | −5,879−47.9% | Reduced |
| New York State Common Retirement Fund | 6,122 | $169.1K | 0.00% | −3,515−36.5% | Reduced |
| US Bancorp | 5,383 | $148.7K | 0.00% | −849−13.6% | Reduced |
| Advisor Group Holdings, Inc. | 5,189 | $143.4K | 0.00% | −517−9.1% | Reduced |
| Federated Hermes, Inc. | 4,772 | $131.8K | 0.00% | −161−3.3% | Reduced |
| BNP Paribas Arbitrage, SA | 4,314 | $119.2K | 0.00% | −4,324−50.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $85.8K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,064 | $85.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 3,075 | $84.9K | 0.00% | +285+10.2% | Added |
| Huntington National Bank | 2,575 | $71.1K | 0.00% | +2,574+257,400.0% | Added |
| Fifth Third Bancorp | 2,143 | $59.2K | 0.00% | 00.0% | Unchanged |
| Oliver Lagore Vanvalin Investment Group | 2,128 | $58.8K | 0.02% | −63−2.9% | Reduced |
| Amalgamated Bank | 1,525 | $42.0K | 0.00% | −60−3.8% | Reduced |
| Ameritas Investment Partners, Inc. | 1,185 | $32.7K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 1,016 | $28.0K | 0.00% | −1,327−56.6% | Reduced |