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 |
|---|---|---|---|---|---|
| Metropolitan Life Insurance Co | 879 | $24.3K | 0.00% | 00.0% | Unchanged |
| Lazard Asset Management LLC | 905 | $24.0K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 773 | $21.4K | 0.00% | +238+44.5% | Added |
| First Horizon Advisors, Inc. | 764 | $21.1K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 719 | $19.9K | 0.00% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 708 | $19.6K | 0.01% | +72+11.3% | Added |
| Center for Financial Planning, Inc. | 283 | $7.82K | 0.00% | 00.0% | Unchanged |
| Harbour Investments, Inc. | 250 | $6.91K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 215 | $5.94K | 0.00% | −184−46.1% | Reduced |
| Signaturefd, LLC | 183 | $5.05K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 93 | $3.42K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 111 | $3.07K | 0.00% | −15−11.9% | Reduced |
| Aquatic Capital Management LLC | 100 | $3.00K | 0.00% | +100 | New |
| GoalVest Advisory LLC | 106 | $2.93K | 0.00% | +106 | New |
| Covestor Ltd | 24 | $1.00K | 0.00% | +22+1,100.0% | Added |
| Proequities, Inc. | 27 | $745 | 0.00% | −2−6.9% | Reduced |
| Lindbrook Capital, LLC | 18 | $497 | 0.00% | −384−95.5% | Reduced |
| Meitav Dash Investments Ltd | 210 | – | – | +210 | New |
| Panagora Asset Management Inc | 0 | $0 | 0.00% | −18,322−100.0% | Sold out |
| Financial Counselors Inc | 0 | $0 | 0.00% | −12,328−100.0% | Sold out |
| BHZ Capital Management, LP | 0 | $0 | 0.00% | −11,279−100.0% | Sold out |
| Truist Financial Corp | 0 | $0 | 0.00% | −8,455−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −7,552−100.0% | Sold out |
| Stifel Financial Corp | 0 | $0 | 0.00% | −7,313−100.0% | Sold out |
| Thrivent Financial for Lutherans | 0 | $0 | 0.00% | −7,138−100.0% | Sold out |
| Dynamic Advisor Solutions LLC | 0 | $0 | 0.00% | −7,000−100.0% | Sold out |
| Janus Henderson Group PLC | 0 | $0 | 0.00% | −6,834−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −5,832−100.0% | Sold out |
| Ameritas Advisory Services, LLC | 0 | $0 | 0.00% | −2,656−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −957−100.0% | Sold out |
| Macquarie Group Ltd | 0 | $0 | 0.00% | −600−100.0% | Sold out |
| Manchester Capital Management LLC | 0 | $0 | 0.00% | −62−100.0% | Sold out |
| Cornerstone Management, Inc. | 0 | $0 | 0.00% | −41−100.0% | Sold out |
| Glassman Wealth Services | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Toronto Dominion Bank | 0 | $0 | 0.00% | −10−100.0% | Sold out |