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, Q3 2023
Institutional positions in Mercantile Bank Corp as of Sep 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
- 133
- +16 vs. Q2 2023
- Shares held
- 9.17M
- +147.3K (+1.6%) vs. Q2 2023
- Total value
- $283.3M
- +$34.1M (+13.7%) vs. Q2 2023
- New holders
- 23
- 47 more added
- Sold out
- 7
- 36 more reduced
1 institution that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2023
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Goldman Sachs Group Inc | 41,118 | $1.27M | 0.00% | −7,575−15.6% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.39M | 1.87% | 00.0% | Unchanged |
| First Trust Advisors LP | 45,014 | $1.39M | 0.00% | −22,040−32.9% | Reduced |
| Bank of America Corp | 45,223 | $1.40M | 0.00% | +2,881+6.8% | Added |
| AQR Capital Management LLC | 45,785 | $1.42M | 0.00% | +304+0.7% | Added |
| Envestnet Asset Management Inc | 46,720 | $1.44M | 0.00% | +13,134+39.1% | Added |
| Brandywine Global Investment Management, LLC | 48,586 | $1.50M | 0.01% | +6,668+15.9% | Added |
| Millennium Management LLC | 50,105 | $1.55M | 0.00% | +14,838+42.1% | Added |
| JPMorgan Chase & Co | 51,761 | $1.60M | 0.00% | −9,337−15.3% | Reduced |
| jvl associates llc | 64,755 | $2.00M | 1.03% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 70,199 | $2.17M | 0.01% | −12,396−15.0% | Reduced |
| Hillsdale Investment Management Inc. | 76,546 | $2.37M | 0.22% | +12,806+20.1% | Added |
| Royal Bank of Canada | 81,258 | $2.51M | 0.00% | −4,212−4.9% | Reduced |
| Oberweis Asset Management Inc | 85,603 | $2.65M | 0.28% | +22,814+36.3% | Added |
| Bridgeway Capital Management, LLC | 86,497 | $2.67M | 0.06% | +3,160+3.8% | Added |
| Mercer Global Advisors Inc | 86,641 | $2.68M | 0.01% | 00.0% | Unchanged |
| Morgan Stanley | 97,386 | $3.01M | 0.00% | +8,187+9.2% | Added |
| Bank of New York Mellon Corp | 125,120 | $3.87M | 0.00% | +3,610+3.0% | Added |
| Hotchkis & Wiley Capital Management LLC | 137,180 | $4.24M | 0.02% | −2,500−1.8% | Reduced |
| American Century Companies Inc | 165,138 | $5.10M | 0.00% | +21,587+15.0% | Added |
| Northern Trust Corp | 189,409 | $5.85M | 0.00% | +5,157+2.8% | Added |
| Charles Schwab Investment Management Inc | 195,809 | $6.05M | 0.00% | +4,133+2.2% | Added |
| LSV Asset Management | 212,678 | $6.57M | 0.02% | 00.0% | Unchanged |
| Stieven Capital Advisors, L.P. | 214,173 | $6.62M | 1.72% | −8,800−3.9% | Reduced |
| Tributary Capital Management, LLC | 318,911 | $9.86M | 0.93% | +4,324+1.4% | Added |
| Geode Capital Management, LLC | 322,013 | $9.95M | 0.00% | +15,808+5.2% | Added |
| North Star Asset Management Inc | 360,632 | $11.1M | 0.64% | +2,398+0.7% | Added |
| State Street Corp | 394,611 | $12.2M | 0.00% | −13,601−3.3% | Reduced |
| Banc Funds Co LLC | 493,158 | $15.2M | 1.79% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 534,713 | $16.5M | 0.03% | −7,000−1.3% | Reduced |
| Vanguard Group Inc | 799,865 | $24.7M | 0.00% | +13,400+1.7% | Added |
| Dimensional Fund Advisors LP | 1,151,414 | $35.6M | 0.01% | −11,779−1.0% | Reduced |
| BlackRock Inc. | 1,424,046 | $44.0M | 0.00% | −19,115−1.3% | Reduced |
| Bank of Montreal | 0 | $0 | 0.00% | −20,233−100.0% | Sold out |
| Seizert Capital Partners, LLC | 0 | $0 | 0.00% | −8,985−100.0% | Sold out |
| Martingale Asset Management L P | 0 | $0 | 0.00% | −8,020−100.0% | Sold out |
| Rafferty Asset Management, LLC | 0 | $0 | 0.00% | −7,366−100.0% | Sold out |
| Citadel Advisors LLC | 0 | $0 | 0.00% | −6,632−100.0% | Sold out |
| Harbour Investments, Inc. | 0 | $0 | 0.00% | −250−100.0% | Sold out |
| Meitav Dash Investments Ltd | 0 | $0 | 0.00% | −210−100.0% | Sold out |
| EA Series Trust | – | – | – | – | Not filed |