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, 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
- −40.3K (−0.4%) vs. Q1 2023
- Total value
- $250.1M
- −$27.9M (−10.0%) vs. Q1 2023
- New holders
- 7
- 43 more added
- Sold out
- 17
- 46 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Lindbrook Capital, LLC | 18 | $497 | 0.00% | −384−95.5% | Reduced |
| Proequities, Inc. | 27 | $745 | 0.00% | −2−6.9% | Reduced |
| Covestor Ltd | 24 | $1.00K | 0.00% | +22+1,100.0% | Added |
| GoalVest Advisory LLC | 106 | $2.93K | 0.00% | +106 | New |
| Aquatic Capital Management LLC | 100 | $3.00K | 0.00% | +100 | New |
| Private Trust Co NA | 111 | $3.07K | 0.00% | −15−11.9% | Reduced |
| IFP Advisors, Inc | 93 | $3.42K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 183 | $5.05K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 215 | $5.94K | 0.00% | −184−46.1% | Reduced |
| Harbour Investments, Inc. | 250 | $6.91K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $7.82K | 0.00% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 708 | $19.6K | 0.01% | +72+11.3% | Added |
| Umb Bank N A | 719 | $19.9K | 0.00% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 764 | $21.1K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 773 | $21.4K | 0.00% | +238+44.5% | Added |
| Lazard Asset Management LLC | 905 | $24.0K | 0.00% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 879 | $24.3K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 940 | $26.0K | 0.00% | +334+55.1% | Added |
| Great West Life Assurance Co | 1,016 | $28.0K | 0.00% | −1,327−56.6% | Reduced |
| Ameritas Investment Partners, Inc. | 1,185 | $32.7K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,525 | $42.0K | 0.00% | −60−3.8% | Reduced |
| Oliver Lagore Vanvalin Investment Group | 2,128 | $58.8K | 0.02% | −63−2.9% | Reduced |
| Fifth Third Bancorp | 2,143 | $59.2K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 2,575 | $71.1K | 0.00% | +2,574+257,400.0% | Added |
| Nisa Investment Advisors, LLC | 3,075 | $84.9K | 0.00% | +285+10.2% | Added |
| Public Employees Retirement System of Ohio | 3,064 | $85.0K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $85.8K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 4,314 | $119.2K | 0.00% | −4,324−50.1% | Reduced |
| Federated Hermes, Inc. | 4,772 | $131.8K | 0.00% | −161−3.3% | Reduced |
| Advisor Group Holdings, Inc. | 5,189 | $143.4K | 0.00% | −517−9.1% | Reduced |
| US Bancorp | 5,383 | $148.7K | 0.00% | −849−13.6% | Reduced |
| New York State Common Retirement Fund | 6,122 | $169.1K | 0.00% | −3,515−36.5% | Reduced |
| FMR LLC | 6,395 | $176.6K | 0.00% | +258+4.2% | Added |
| Citadel Advisors LLC | 6,632 | $183.2K | 0.00% | −2,503−27.4% | Reduced |
| Deutsche Bank AG | 7,226 | $199.6K | 0.00% | −2,329−24.4% | Reduced |
| Rafferty Asset Management, LLC | 7,366 | $203.4K | 0.00% | +7,366 | New |
| American International Group, Inc. | 7,554 | $208.6K | 0.00% | +123+1.7% | Added |
| The PNC Financial Services Group, Inc. | 7,783 | $215.0K | 0.00% | −309−3.8% | Reduced |
| Voya Investment Management LLC | 7,838 | $216.5K | 0.00% | +857+12.3% | Added |
| LPL Financial LLC | 7,907 | $218.4K | 0.00% | −160−2.0% | Reduced |
| Martingale Asset Management L P | 8,020 | $221.5K | 0.00% | −4,790−37.4% | Reduced |
| MetLife Investment Management | 8,397 | $231.9K | 0.00% | 00.0% | Unchanged |
| HSBC Holdings PLC | 8,721 | $241.7K | 0.00% | +834+10.6% | Added |
| Seizert Capital Partners, LLC | 8,985 | $248.2K | 0.01% | −622−6.5% | Reduced |
| Citigroup Inc | 9,148 | $252.7K | 0.00% | +8,744+2,164.4% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $253.8K | 0.01% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 8,502 | $260.0K | 0.00% | 00.0% | Unchanged |
| Creative Planning | 9,956 | $275.0K | 0.00% | −693−6.5% | Reduced |
| Alliancebernstein L.P. | 10,211 | $282.0K | 0.00% | +1,420+16.2% | Added |
| Legal & General Group Plc | 10,330 | $285.3K | 0.00% | +2,762+36.5% | Added |
| UBS Group AG | 11,362 | $313.8K | 0.00% | +2,992+35.7% | Added |
| Credit Suisse AG | 12,420 | $343.0K | 0.00% | +136+1.1% | Added |
| Buckingham Strategic Partners | 12,545 | $346.5K | 0.02% | 00.0% | Unchanged |
| First National Bank of Omaha | 13,012 | $359.4K | 0.02% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 13,145 | $363.0K | 0.00% | −954−6.8% | Reduced |
| New York Life Investment Management LLC | 13,477 | $372.2K | 0.00% | −1,992−12.9% | Reduced |
| Allspring Global Investments Holdings, LLC | 14,481 | $400.0K | 0.00% | +7,422+105.1% | Added |
| Kennedy Capital Management, Inc. | 16,206 | $447.6K | 0.01% | 00.0% | Unchanged |
| Barclays PLC | 17,246 | $476.3K | 0.00% | +2,327+15.6% | Added |
| Regal Investment Advisors LLC | 17,252 | $476.5K | 0.04% | +35+0.2% | Added |
| Hennion & Walsh Asset Management, Inc. | 17,754 | $490.0K | 0.03% | +5,597+46.0% | Added |
| California State Teachers Retirement System | 18,292 | $505.2K | 0.00% | −674−3.6% | Reduced |
| Shakespeare Wealth Management, Inc. | 19,768 | $546.0K | 0.19% | −195−1.0% | Reduced |
| STRS Ohio | 20,200 | $557.0K | 0.00% | +1,600+8.6% | Added |
| Round Hill Asset Management | 20,207 | $558.1K | 0.34% | 00.0% | Unchanged |
| Invesco Ltd. | 20,742 | $572.9K | 0.00% | −3,218−13.4% | Reduced |
| Baird Financial Group, Inc. | 20,952 | $578.7K | 0.00% | +3,150+17.7% | Added |
| Jacobs Levy Equity Management, Inc | 21,156 | $584.3K | 0.00% | +1,177+5.9% | Added |
| Bank of Montreal | 20,233 | $614.5K | 0.00% | +20,233 | New |
| Strategies Wealth Advisors, LLC | 22,593 | $624.0K | 0.13% | +195+0.9% | Added |
| Rhumbline Advisers | 24,004 | $663.0K | 0.00% | −816−3.3% | Reduced |
| Los Angeles Capital Management LLC | 24,075 | $665.0K | 0.00% | −100−0.4% | Reduced |
| Two Sigma Investments, LP | 25,557 | $705.9K | 0.00% | −9,372−26.8% | Reduced |
| Assenagon Asset Management S.A. | 26,195 | $723.5K | 0.00% | −39,977−60.4% | Reduced |
| Cornercap Investment Counsel Inc | 29,902 | $825.9K | 0.14% | +224+0.8% | Added |
| Nuveen Asset Management, LLC | 31,290 | $864.2K | 0.00% | 00.0% | Unchanged |
| Victory Capital Management Inc | 31,342 | $865.7K | 0.00% | −2,158−6.4% | Reduced |
| Ameriprise Financial Inc | 32,361 | $893.8K | 0.00% | −164−0.5% | Reduced |
| Swiss National Bank | 33,100 | $914.2K | 0.00% | +600+1.8% | Added |
| Envestnet Asset Management Inc | 33,586 | $927.6K | 0.00% | +439+1.3% | Added |
| Wells Fargo & Company | 34,715 | $958.8K | 0.00% | −7,046−16.9% | Reduced |
| Millennium Management LLC | 35,267 | $974.1K | 0.00% | −101,194−74.2% | Reduced |
| Two Sigma Advisers, LP | 35,284 | $974.5K | 0.00% | −3,800−9.7% | 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 |
| LaFleur & Godfrey LLC | 37,647 | $1.04M | 0.16% | −827−2.1% | Reduced |
| Brandywine Global Investment Management, LLC | 41,918 | $1.16M | 0.01% | +2,790+7.1% | Added |
| Bank of America Corp | 42,342 | $1.17M | 0.00% | −4,638−9.9% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.24M | 1.56% | −5,000−10.0% | Reduced |
| AQR Capital Management LLC | 45,481 | $1.26M | 0.00% | −3,350−6.9% | Reduced |
| Goldman Sachs Group Inc | 48,693 | $1.34M | 0.00% | +11,725+31.7% | Added |
| JPMorgan Chase & Co | 61,098 | $1.69M | 0.00% | +3,330+5.8% | Added |
| Oberweis Asset Management Inc | 62,789 | $1.73M | 0.21% | +2,755+4.6% | Added |
| Hillsdale Investment Management Inc. | 63,740 | $1.76M | 0.16% | +5,192+8.9% | Added |
| jvl associates llc | 64,755 | $1.79M | 0.87% | +52+0.1% | Added |
| First Trust Advisors LP | 67,054 | $1.85M | 0.00% | +16,890+33.7% | Added |
| Acadian Asset Management LLC | 82,595 | $2.28M | 0.01% | −17,871−17.8% | Reduced |
| Bridgeway Capital Management, LLC | 83,337 | $2.30M | 0.06% | +3,447+4.3% | Added |
| Royal Bank of Canada | 85,470 | $2.36M | 0.00% | −717−0.8% | Reduced |
| Mercer Global Advisors Inc | 86,641 | $2.39M | 0.01% | 00.0% | Unchanged |