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, Q4 2023
Institutional positions in Mercantile Bank Corp as of Dec 31, 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
- 141
- +9 vs. Q3 2023
- Shares held
- 9.45M
- +287.3K (+3.1%) vs. Q3 2023
- Total value
- $381.4M
- +$98.3M (+34.7%) vs. Q3 2023
- New holders
- 21
- 50 more added
- Sold out
- 12
- 42 more reduced
1 institution that held it in Q3 2023 haven't filed for Q4 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2023
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q3 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| US Bancorp | 5,525 | $223.1K | 0.00% | +91+1.7% | Added |
| DekaBank Deutsche Girozentrale | 5,407 | $220.0K | 0.00% | 00.0% | Unchanged |
| Corton Capital Inc. | 5,447 | $219.9K | 0.07% | +5,447 | New |
| Truist Financial Corp | 5,430 | $219.3K | 0.00% | +5,430 | New |
| Qube Research & Technologies Ltd | 4,891 | $197.5K | 0.00% | +2,359+93.2% | Added |
| Federated Hermes, Inc. | 4,885 | $197.3K | 0.00% | +113+2.4% | Added |
| Advisor Group Holdings, Inc. | 4,525 | $182.8K | 0.00% | −1,210−21.1% | Reduced |
| BNP Paribas Arbitrage, SA | 4,317 | $174.3K | 0.00% | −3,531−45.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,268 | $172.3K | 0.00% | +2,911+214.5% | Added |
| Huntington National Bank | 3,997 | $161.4K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,953 | $159.6K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $125.5K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,820 | $114.0K | 0.00% | −80−2.8% | Reduced |
| EntryPoint Capital, LLC | 2,738 | $110.6K | 0.11% | +2,738 | New |
| Nisa Investment Advisors, LLC | 2,375 | $95.9K | 0.00% | −700−22.8% | Reduced |
| Fifth Third Bancorp | 2,143 | $86.5K | 0.00% | 00.0% | Unchanged |
| Oliver Lagore Vanvalin Investment Group | 2,122 | $85.7K | 0.03% | 00.0% | Unchanged |
| Comerica Bank | 1,997 | $80.6K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 1,772 | $71.6K | 0.00% | +904+104.1% | Added |
| Ameritas Investment Partners, Inc. | 1,548 | $62.5K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 1,368 | $55.0K | 0.00% | −157−10.3% | Reduced |
| Voisard Asset Management Group, Inc. | 944 | $38.1K | 0.02% | +944 | New |
| Metropolitan Life Insurance Co | 879 | $35.5K | 0.00% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 764 | $30.9K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 515 | $21.0K | 0.00% | +25+5.1% | Added |
| Quadrant Capital Group LLC | 483 | $19.5K | 0.00% | 00.0% | Unchanged |
| AJOVista, LLC | 382 | $15.4K | 0.02% | +382 | New |
| Center for Financial Planning, Inc. | 283 | $11.4K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 277 | $11.2K | 0.00% | −442−61.5% | Reduced |
| IFP Advisors, Inc | 186 | $7.51K | 0.00% | +93+100.0% | Added |
| Signaturefd, LLC | 183 | $7.39K | 0.00% | 00.0% | Unchanged |
| West Tower Group, LLC | 180 | $7.27K | 0.01% | +106+143.2% | Added |
| Private Trust Co NA | 111 | $4.48K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 100 | $4.00K | 0.00% | 00.0% | Unchanged |
| Central Trust Co | 71 | $2.87K | 0.00% | +71 | New |
| Principal Securities, Inc. | 59 | $2.38K | 0.00% | +59 | New |
| GAMMA Investing LLC | 59 | $2.37K | 0.00% | +59 | New |
| Proequities, Inc. | 31 | $1.25K | 0.00% | +10+47.6% | Added |
| Lindbrook Capital, LLC | 18 | $727 | 0.00% | −165−90.2% | Reduced |
| GoalVest Advisory LLC | 13 | $525 | 0.00% | −110−89.4% | Reduced |
| Allworth Financial LP | 3 | $122 | 0.00% | +3 | New |
| Covestor Ltd | 0 | $0 | 0.00% | −20−100.0% | Sold out |
| CWM Advisors, LLC | 0 | $0 | 0.00% | −20,160−100.0% | Sold out |
| Kennedy Capital Management, Inc. | 0 | $0 | 0.00% | −17,889−100.0% | Sold out |
| Bailard, Inc. | 0 | $0 | 0.00% | −11,233−100.0% | Sold out |
| Zacks Investment Management | 0 | $0 | 0.00% | −7,887−100.0% | Sold out |
| SG Americas Securities, LLC | 0 | $0 | 0.00% | −7,843−100.0% | Sold out |
| Trexquant Investment LP | 0 | $0 | 0.00% | −6,971−100.0% | Sold out |
| State of Tennessee, Treasury Department | 0 | $0 | 0.00% | −3,521−100.0% | Sold out |
| Dorsey Wright & Associates | 0 | $0 | 0.00% | −684−100.0% | Sold out |
| Fisher Asset Management, LLC | 0 | $0 | 0.00% | −333−100.0% | Sold out |
| Carmel Capital Partners, LLC | 0 | $0 | 0.00% | −205−100.0% | Sold out |
| Avion Wealth | 0 | $0 | 0.00% | −16−100.0% | Sold out |
| Advisor Partners II, LLC | – | – | – | – | Not filed |