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 |
|---|---|---|---|---|---|
| Public Employees Retirement System of Ohio | 3,953 | $122.0K | 0.00% | +889+29.0% | Added |
| State of Tennessee, Treasury Department | 3,521 | $108.8K | 0.00% | +3,521 | New |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $96.0K | 0.00% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 3,075 | $95.0K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,900 | $89.0K | 0.00% | +1,884+185.4% | Added |
| Qube Research & Technologies Ltd | 2,532 | $78.3K | 0.00% | +2,532 | New |
| Citigroup Inc | 2,328 | $72.0K | 0.00% | −6,820−74.6% | Reduced |
| Fifth Third Bancorp | 2,143 | $66.2K | 0.00% | 00.0% | Unchanged |
| Oliver Lagore Vanvalin Investment Group | 2,122 | $65.6K | 0.03% | −6−0.3% | Reduced |
| Comerica Bank | 1,997 | $61.7K | 0.00% | +1,997 | New |
| Ameritas Investment Partners, Inc. | 1,548 | $47.8K | 0.00% | +363+30.6% | Added |
| Amalgamated Bank | 1,525 | $47.0K | 0.00% | 00.0% | Unchanged |
| Allspring Global Investments Holdings, LLC | 1,357 | $41.9K | 0.00% | −13,124−90.6% | Reduced |
| Metropolitan Life Insurance Co | 879 | $27.2K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 868 | $26.8K | 0.00% | +95+12.3% | Added |
| First Horizon Advisors, Inc. | 764 | $23.6K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 719 | $22.2K | 0.00% | 00.0% | Unchanged |
| Dorsey Wright & Associates | 684 | $21.1K | 0.01% | −24−3.4% | Reduced |
| CWM, LLC | 490 | $15.0K | 0.00% | −450−47.9% | Reduced |
| Quadrant Capital Group LLC | 483 | $14.9K | 0.00% | +268+124.7% | Added |
| Fisher Asset Management, LLC | 333 | $10.3K | 0.00% | +333 | New |
| Center for Financial Planning, Inc. | 283 | $8.75K | 0.00% | 00.0% | Unchanged |
| Carmel Capital Partners, LLC | 205 | $6.34K | 0.00% | +205 | New |
| Signaturefd, LLC | 183 | $5.66K | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 183 | $5.66K | 0.00% | +165+916.7% | Added |
| GoalVest Advisory LLC | 123 | $3.80K | 0.00% | +17+16.0% | Added |
| Private Trust Co NA | 111 | $3.43K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 100 | $3.00K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 93 | $2.88K | 0.00% | 00.0% | Unchanged |
| West Tower Group, LLC | 74 | $2.29K | 0.00% | +74 | New |
| Covestor Ltd | 20 | $1.00K | 0.00% | −4−16.7% | Reduced |
| Proequities, Inc. | 21 | $649 | 0.00% | −6−22.2% | Reduced |
| Avion Wealth | 16 | $0 | 0.00% | +16 | New |
| 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 |