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 $691.2M in total; no superinvestor holds it.
13F holders, Q1 2024
Institutional positions in Mercantile Bank Corp as of Mar 31, 2024. 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
- 155
- +14 vs. Q4 2023
- Shares held
- 9.67M
- +227.2K (+2.4%) vs. Q4 2023
- Total value
- $372.3M
- −$9.08M (−2.4%) vs. Q4 2023
- New holders
- 25
- 49 more added
- Sold out
- 11
- 55 more reduced
Compare with Q4 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 | $691.2M |
| Q1 2026 | 201 | $590.5M |
| Q4 2025 | 192 | $515.6M |
| Q3 2025 | 200 | $487.4M |
| Q2 2025 | 196 | $486.7M |
| Q1 2025 | 194 | $452.5M |
| Q4 2024 | 178 | $457.6M |
| Q3 2024 | 161 | $439.4M |
| Q2 2024 | 162 | $401.6M |
| Q1 2024 | 155 | $384.1M |
| Q4 2023 | 141 | $388.5M |
| Q3 2023 | 133 | $283.3M |
| Q2 2023 | 118 | $250.4M |
| Q1 2023 | 128 | $280.5M |
| Q4 2022 | 130 | $300.2M |
| Q3 2022 | 125 | $261.6M |
| Q2 2022 | 129 | $283.0M |
| Q1 2022 | 122 | $307.7M |
| Q4 2021 | 120 | $297.6M |
| Q3 2021 | 116 | $268.9M |
| Q2 2021 | 112 | $259.9M |
| Q1 2021 | 116 | $288.4M |
Institutions, Q1 2024
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q4 2023.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,503,285 | $57.9M | 0.00% | −51,638−3.3% | Reduced |
| Dimensional Fund Advisors LP | 1,162,242 | $44.7M | 0.01% | +10,511+0.9% | Added |
| Vanguard Group Inc | 805,334 | $31.0M | 0.00% | +21,616+2.8% | Added |
| Renaissance Technologies LLC | 522,813 | $20.1M | 0.03% | −15,600−2.9% | Reduced |
| State Street Corp | 452,146 | $17.4M | 0.00% | +51,241+12.8% | Added |
| Banc Funds Co LLC | 394,729 | $15.2M | 1.72% | −76,829−16.3% | Reduced |
| North Star Asset Management Inc | 361,274 | $13.9M | 0.66% | −1,035−0.3% | Reduced |
| Geode Capital Management, LLC | 348,333 | $13.4M | 0.00% | +12,428+3.7% | Added |
| American Century Companies Inc | 261,321 | $10.1M | 0.01% | +50,286+23.8% | Added |
| Tributary Capital Management, LLC | 247,727 | $9.54M | 0.78% | −65,584−20.9% | Reduced |
| LSV Asset Management | 225,404 | $8.68M | 0.02% | +12,726+6.0% | Added |
| Charles Schwab Investment Management Inc | 198,416 | $7.64M | 0.00% | −625−0.3% | Reduced |
| Northern Trust Corp | 183,776 | $7.07M | 0.00% | −10,787−5.5% | Reduced |
| First Trust Advisors LP | 144,106 | $5.55M | 0.01% | +95,300+195.3% | Added |
| Allianz Asset Management GmbH | 118,831 | $4.57M | 0.01% | +118,831 | New |
| Bank of New York Mellon Corp | 117,365 | $4.52M | 0.00% | −4,499−3.7% | Reduced |
| Mercer Global Advisors Inc | 112,377 | $4.33M | 0.01% | 00.0% | Unchanged |
| Stieven Capital Advisors, L.P. | 96,196 | $3.70M | 0.77% | −92,977−49.1% | Reduced |
| Bridgeway Capital Management, LLC | 93,837 | $3.61M | 0.07% | +3,500+3.9% | Added |
| Morgan Stanley | 89,749 | $3.45M | 0.00% | −19,727−18.0% | Reduced |
| Oberweis Asset Management Inc | 89,328 | $3.44M | 0.25% | +4,013+4.7% | Added |
| AQR Capital Management LLC | 83,553 | $3.22M | 0.01% | +36,910+79.1% | Added |
| JPMorgan Chase & Co | 79,466 | $3.06M | 0.00% | +14,632+22.6% | Added |
| Hillsdale Investment Management Inc. | 79,046 | $3.04M | 0.24% | +6,200+8.5% | Added |
| Royal Bank of Canada | 75,399 | $2.90M | 0.00% | −17,293−18.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 71,050 | $2.73M | 0.01% | −57,590−44.8% | Reduced |
| Assenagon Asset Management S.A. | 69,641 | $2.68M | 0.01% | −1,152−1.6% | Reduced |
| Arrowstreet Capital, Limited Partnership | 65,654 | $2.53M | 0.00% | +65,654 | New |
| jvl associates llc | 62,015 | $2.39M | 0.98% | 00.0% | Unchanged |
| Goldman Sachs Group Inc | 60,972 | $2.35M | 0.00% | +21,721+55.3% | Added |
| Invesco Ltd. | 55,816 | $2.15M | 0.00% | +22,266+66.4% | Added |
| Empowered Funds, LLC | 46,537 | $1.79M | 0.03% | +3,500+8.1% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.73M | 2.33% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 44,251 | $1.70M | 0.00% | −3,792−7.9% | Reduced |
| Brandywine Global Investment Management, LLC | 43,638 | $1.68M | 0.01% | −330−0.8% | Reduced |
| Bank of America Corp | 38,647 | $1.49M | 0.00% | −13,972−26.6% | Reduced |
| De Lisle Partners LLP | 37,661 | $1.45M | 0.33% | +37,661 | New |
| LaFleur & Godfrey LLC | 35,858 | $1.38M | 0.20% | −1,319−3.5% | Reduced |
| Thrivent Financial for Lutherans | 35,688 | $1.37M | 0.00% | +15,949+80.8% | Added |
| Nuveen Asset Management, LLC | 33,121 | $1.27M | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 32,789 | $1.26M | 0.00% | −15,355−31.9% | Reduced |
| Swiss National Bank | 31,600 | $1.22M | 0.00% | 00.0% | Unchanged |
| Wells Fargo & Company | 30,615 | $1.18M | 0.00% | −3,910−11.3% | Reduced |
| Pathstone Holdings, LLC | 29,513 | $1.14M | 0.01% | +21,257+257.5% | Added |
| Cornercap Investment Counsel Inc | 29,454 | $1.13M | 0.17% | 00.0% | Unchanged |
| Barclays PLC | 27,341 | $1.05M | 0.00% | −5,139−15.8% | Reduced |
| Rhumbline Advisers | 24,666 | $949.4K | 0.00% | +638+2.7% | Added |
| Ameriprise Financial Inc | 24,215 | $932.0K | 0.00% | −8,300−25.5% | Reduced |
| Los Angeles Capital Management LLC | 24,183 | $930.8K | 0.00% | +108+0.4% | Added |
| Teacher Retirement System of Texas | 23,837 | $917.0K | 0.01% | +15,053+171.4% | Added |
| ClariVest Asset Management LLC | 23,454 | $902.7K | 0.09% | +167+0.7% | Added |
| Buckingham Strategic Partners | 22,937 | $882.8K | 0.03% | +10,392+82.8% | Added |
| Cerity Partners LLC | 22,691 | $873.4K | 0.00% | +22,691 | New |
| Two Sigma Advisers, LP | 21,584 | $830.8K | 0.00% | −4,600−17.6% | Reduced |
| Jacobs Levy Equity Management, Inc | 21,350 | $821.8K | 0.00% | −164−0.8% | Reduced |
| Baird Financial Group, Inc. | 20,865 | $803.1K | 0.00% | +100+0.5% | Added |
| Round Hill Asset Management | 20,207 | $777.8K | 0.47% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 19,485 | $750.0K | 0.00% | +6,467+49.7% | Added |
| UBS Group AG | 18,858 | $725.8K | 0.00% | −3,976−17.4% | Reduced |
| Wedge Capital Management L L P | 17,719 | $682.0K | 0.01% | +4,803+37.2% | Added |
| Victory Capital Management Inc | 17,550 | $675.5K | 0.00% | −750−4.1% | Reduced |
| Denali Advisors LLC | 17,000 | $654.3K | 0.19% | +9,500+126.7% | Added |
| Shakespeare Wealth Management, Inc. | 16,824 | $647.6K | 0.19% | −2,944−14.9% | Reduced |
| Rafferty Asset Management, LLC | 16,507 | $635.4K | 0.00% | +8,714+111.8% | Added |
| California State Teachers Retirement System | 15,989 | $615.4K | 0.00% | −841−5.0% | Reduced |
| Alliancebernstein L.P. | 15,241 | $586.6K | 0.00% | +4,470+41.5% | Added |
| Citigroup Inc | 15,239 | $586.5K | 0.00% | +8,051+112.0% | Added |
| Credit Suisse AG | 14,187 | $546.1K | 0.00% | +783+5.8% | Added |
| UBS Asset Management Americas Inc | 13,987 | $538.4K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 13,895 | $534.8K | 0.00% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 13,809 | $531.5K | 0.00% | +8,137+143.5% | Added |
| Regal Investment Advisors LLC | 13,500 | $519.6K | 0.04% | 00.0% | Unchanged |
| Man Group plc | 13,058 | $502.6K | 0.00% | +13,058 | New |
| STRS Ohio | 12,400 | $477.0K | 0.00% | −800−6.1% | Reduced |
| Creative Planning | 11,927 | $459.1K | 0.00% | +2,723+29.6% | Added |
| Two Sigma Investments, LP | 11,840 | $455.7K | 0.00% | −2,892−19.6% | Reduced |
| Janney Montgomery Scott LLC | 11,751 | $452.0K | 0.00% | +11,751 | New |
| Qube Research & Technologies Ltd | 11,179 | $430.3K | 0.00% | +6,288+128.6% | Added |
| Hennion & Walsh Asset Management, Inc. | 10,653 | $410.0K | 0.02% | +1,523+16.7% | Added |
| Sherbrooke Park Advisers LLC | 10,088 | $388.3K | 0.08% | +10,088 | New |
| Voya Investment Management LLC | 9,881 | $380.3K | 0.00% | −1,603−14.0% | Reduced |
| Trust Point Inc. | 9,865 | $379.7K | 0.03% | +567+6.1% | Added |
| New York Life Investment Management LLC | 9,671 | $372.2K | 0.00% | −1,621−14.4% | Reduced |
| Alps Advisors Inc | 9,440 | $363.3K | 0.00% | +9,440 | New |
| LPL Financial LLC | 9,399 | $361.8K | 0.00% | +346+3.8% | Added |
| CWM Advisors, LLC | 9,355 | $360.1K | 0.04% | +9,355 | New |
| Azimuth Capital Investment Management LLC | 9,189 | $353.7K | 0.01% | 00.0% | Unchanged |
| Deutsche Bank AG | 9,180 | $353.3K | 0.00% | +1,717+23.0% | Added |
| First National Bank of Omaha | 7,770 | $337.5K | 0.02% | −4,532−36.8% | Reduced |
| State of Tennessee, Treasury Department | 8,732 | $336.1K | 0.00% | +8,732 | New |
| HSBC Holdings PLC | 8,519 | $327.9K | 0.00% | +780+10.1% | Added |
| BNP Paribas Arbitrage, SA | 8,445 | $325.0K | 0.00% | +4,128+95.6% | Added |
| MetLife Investment Management | 8,397 | $323.2K | 0.00% | 00.0% | Unchanged |
| Zacks Investment Management | 7,915 | $304.6K | 0.00% | +7,915 | New |
| Franklin Resources Inc | 7,748 | $298.2K | 0.00% | +76+1.0% | Added |
| American International Group, Inc. | 7,735 | $297.7K | 0.00% | −66−0.8% | Reduced |
| Principal Financial Group Inc | 7,687 | $295.9K | 0.00% | +7,687 | New |
| Semanteon Capital Management, LP | 7,503 | $288.8K | 0.18% | +7,503 | New |
| Y-Intercept (Hong Kong) Ltd | 7,395 | $284.6K | 0.02% | +7,395 | New |
| Tudor Investment Corp Et Al | 6,993 | $269.2K | 0.00% | +6,993 | New |