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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.

Q4 2023 vs. Q3 2023

How the institutions holding Mercantile Bank Corp changed between Q3 2023 and Q4 2023.

All holders in Q4 2023All holders in Q3 2023

13F holders of MBWM: Q3 2023 compared with Q4 2023
MeasureQ3 2023Of which not filed for Q4 2023Q4 2023Change
Holders1331141+9
Shares9.17M6.67K9.45M+287.3K (+3.1%)
Value$283.3M$206.0K$381.4M+$98.3M (+34.7%)

1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so the changes leave them out.

New holders (21)

Institutions that held Mercantile Bank Corp at the end of Q4 2023 but not at the end of Q3 2023.

Institutions new to MBWM in Q4 2023
InstitutionSharesValue% of portfolio
Jane Street Group, LLC10,741$433.7K0.00%
Susquehanna International Group, LLP9,385$379.0K0.00%
Trust Point Inc.9,298$375.5K0.03%
Pathstone Holdings, LLC8,256$333.4K0.00%
Rafferty Asset Management, LLC7,793$314.7K0.00%
Manufacturers Life Insurance Company, The6,374$257.4K0.00%
MML Investors Services, LLC6,218$251.0K0.00%
HighTower Advisors, LLC6,198$251.0K0.00%
Martingale Asset Management L P6,100$246.3K0.01%
Well Done, LLC6,050$244.3K0.05%
SEI Investments Co5,902$238.3K0.00%
Connor, Clark & Lunn Investment Management Ltd.5,672$229.0K0.00%
Corton Capital Inc.5,447$219.9K0.07%
Truist Financial Corp5,430$219.3K0.00%
EntryPoint Capital, LLC2,738$110.6K0.11%
Voisard Asset Management Group, Inc.944$38.1K0.02%
AJOVista, LLC382$15.4K0.02%
Central Trust Co71$2.87K0.00%
Principal Securities, Inc.59$2.38K0.00%
GAMMA Investing LLC59$2.37K0.00%
Allworth Financial LP3$1220.00%

Sold out (12)

Institutions that held Mercantile Bank Corp at the end of Q3 2023 and filed for Q4 2023 without it.

Institutions that sold out of MBWM in Q4 2023
InstitutionShares, Q3 2023Value, Q3 2023
CWM Advisors, LLC20,160$623.1K
Kennedy Capital Management, Inc.17,889$552.9K
Bailard, Inc.11,233$347.2K
Zacks Investment Management7,887$243.8K
SG Americas Securities, LLC7,843$242.0K
Trexquant Investment LP6,971$215.5K
State of Tennessee, Treasury Department3,521$108.8K
Dorsey Wright & Associates684$21.1K
Fisher Asset Management, LLC333$10.3K
Carmel Capital Partners, LLC205$6.34K
Covestor Ltd20$1.00K
Avion Wealth16$0

Not filed for Q4 2023 yet (1)

Institutions that held Mercantile Bank Corp at the end of Q3 2023 and haven't filed a 13F for Q4 2023. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBWM in Q3 2023 that haven't filed for Q4 2023
InstitutionShares, Q3 2023Value, Q3 2023
Advisor Partners II, LLC6,666$206.0K