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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, 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.

Institutional holdersQ2 2023: 118 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 heldQ2 2023: $250.1M
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, Q2 2023

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2023.

Institutions holding MBWM in Q2 2023
InstitutionSharesValue% of portfolioChange in sharesAction
Morgan Stanley89,199$2.46M0.00%−11,464−11.4%Reduced
Bank of New York Mellon Corp121,510$3.36M0.00%−931−0.8%Reduced
Hotchkis & Wiley Capital Management LLC139,680$3.86M0.01%+11,150+8.7%Added
American Century Companies Inc143,551$3.96M0.00%+12,856+9.8%Added
Northern Trust Corp184,252$5.09M0.00%+494+0.3%Added
Charles Schwab Investment Management Inc191,676$5.29M0.00%+30,284+18.8%Added
LSV Asset Management212,678$5.87M0.01%+1,296+0.6%Added
Stieven Capital Advisors, L.P.222,973$6.16M1.59%−21,133−8.7%Reduced
Geode Capital Management, LLC306,205$8.46M0.00%+13,028+4.4%Added
Tributary Capital Management, LLC314,587$8.69M0.78%−4,854−1.5%Reduced
North Star Asset Management Inc358,234$9.89M0.55%+26,070+7.8%Added
State Street Corp408,212$11.3M0.00%+15,491+3.9%Added
Banc Funds Co LLC493,158$13.6M1.60%00.0%Unchanged
Renaissance Technologies LLC541,713$15.0M0.02%−5,600−1.0%Reduced
Vanguard Group Inc786,465$21.7M0.00%−4,373−0.6%Reduced
Dimensional Fund Advisors LP1,163,193$32.1M0.01%−29,443−2.5%Reduced
BlackRock Inc.1,443,161$39.9M0.00%+59,394+4.3%Added
Meitav Dash Investments Ltd210––+210New
Panagora Asset Management Inc0$00.00%−18,322−100.0%Sold out
Financial Counselors Inc0$00.00%−12,328−100.0%Sold out
BHZ Capital Management, LP0$00.00%−11,279−100.0%Sold out
Truist Financial Corp0$00.00%−8,455−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−7,552−100.0%Sold out
Stifel Financial Corp0$00.00%−7,313−100.0%Sold out
Thrivent Financial for Lutherans0$00.00%−7,138−100.0%Sold out
Dynamic Advisor Solutions LLC0$00.00%−7,000−100.0%Sold out
Janus Henderson Group PLC0$00.00%−6,834−100.0%Sold out
SG Americas Securities, LLC0$00.00%−5,832−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−2,656−100.0%Sold out
Quantbot Technologies LP0$00.00%−957−100.0%Sold out
Macquarie Group Ltd0$00.00%−600−100.0%Sold out
Manchester Capital Management LLC0$00.00%−62−100.0%Sold out
Cornerstone Management, Inc.0$00.00%−41−100.0%Sold out
Glassman Wealth Services0$00.00%−6−100.0%Sold out
Toronto Dominion Bank0$00.00%−10−100.0%Sold out