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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.

Q3 2023 vs. Q2 2023

How the institutions holding Mercantile Bank Corp changed between Q2 2023 and Q3 2023.

All holders in Q3 2023All holders in Q2 2023

13F holders of MBWM: Q2 2023 compared with Q3 2023
MeasureQ2 2023Of which not filed for Q3 2023Q3 2023Change
Holders1181133+16
Shares9.05M36.0K9.17M+147.3K (+1.6%)
Value$250.1M$995.3K$283.3M+$34.1M (+13.7%)

1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so the changes leave them out.

New holders (23)

Institutions that held Mercantile Bank Corp at the end of Q3 2023 but not at the end of Q2 2023.

Institutions new to MBWM in Q3 2023
InstitutionSharesValue% of portfolio
ClariVest Asset Management LLC22,769$703.0K0.04%
CWM Advisors, LLC20,160$623.1K0.08%
Russell Investments Group, Ltd.13,018$402.4K0.00%
Wedge Capital Management L L P11,338$350.5K0.01%
Bailard, Inc.11,233$347.2K0.01%
Thrivent Financial for Lutherans8,677$268.0K0.00%
Zacks Investment Management7,887$243.8K0.00%
SG Americas Securities, LLC7,843$242.0K0.00%
Franklin Resources Inc7,673$237.2K0.00%
Dynamic Advisor Solutions LLC7,000$216.4K0.01%
Trexquant Investment LP6,971$215.5K0.01%
Janus Henderson Group PLC6,831$210.7K0.00%
Advisor Partners II, LLC6,666$206.0K0.01%
Pitcairn Co6,536$202.0K0.02%
Denali Advisors LLC5,800$179.3K0.06%
DekaBank Deutsche Girozentrale5,407$166.0K0.00%
State of Tennessee, Treasury Department3,521$108.8K0.00%
Qube Research & Technologies Ltd2,532$78.3K0.00%
Comerica Bank1,997$61.7K0.00%
Fisher Asset Management, LLC333$10.3K0.00%
Carmel Capital Partners, LLC205$6.34K0.00%
West Tower Group, LLC74$2.29K0.00%
Avion Wealth16$00.00%

Sold out (7)

Institutions that held Mercantile Bank Corp at the end of Q2 2023 and filed for Q3 2023 without it.

Institutions that sold out of MBWM in Q3 2023
InstitutionShares, Q2 2023Value, Q2 2023
Bank of Montreal20,233$614.5K
Seizert Capital Partners, LLC8,985$248.2K
Martingale Asset Management L P8,020$221.5K
Rafferty Asset Management, LLC7,366$203.4K
Citadel Advisors LLC6,632$183.2K
Harbour Investments, Inc.250$6.91K
Meitav Dash Investments Ltd210–

Not filed for Q3 2023 yet (1)

Institutions that held Mercantile Bank Corp at the end of Q2 2023 and haven't filed a 13F for Q3 2023. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBWM in Q2 2023 that haven't filed for Q3 2023
InstitutionShares, Q2 2023Value, Q2 2023
EA Series Trust36,037$995.3K