Mercantile Bank Corp

MBWM

Exchange: Nasdaq
Industry: State Commercial Banks
SEC CIK: 0001042729

SEC filings (opens in a new tab)

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.

Q1 2024 vs. Q4 2023

How the institutions holding Mercantile Bank Corp changed between Q4 2023 and Q1 2024.

All holders in Q1 2024 All holders in Q4 2023

13F holders of MBWM: Q4 2023 compared with Q1 2024
Measure	Q4 2023	Q1 2024	Change
Holders	141	155	+14
Shares	9.45M	9.67M	+227.2K (+2.4%)
Value	$381.4M	$372.3M	−$9.08M (−2.4%)

New holders (25)

Institutions that held Mercantile Bank Corp at the end of Q1 2024 but not at the end of Q4 2023.

Institutions new to MBWM in Q1 2024
Institution	Shares	Value	% of portfolio
Allianz Asset Management GmbH	118,831	$4.57M	0.01%
Arrowstreet Capital, Limited Partnership	65,654	$2.53M	0.00%
De Lisle Partners LLP	37,661	$1.45M	0.33%
Cerity Partners LLC	22,691	$873.4K	0.00%
Man Group plc	13,058	$502.6K	0.00%
Janney Montgomery Scott LLC	11,751	$452.0K	0.00%
Sherbrooke Park Advisers LLC	10,088	$388.3K	0.08%
Alps Advisors Inc	9,440	$363.3K	0.00%
CWM Advisors, LLC	9,355	$360.1K	0.04%
State of Tennessee, Treasury Department	8,732	$336.1K	0.00%
Zacks Investment Management	7,915	$304.6K	0.00%
Principal Financial Group Inc	7,687	$295.9K	0.00%
Semanteon Capital Management, LP	7,503	$288.8K	0.18%
Y-Intercept (Hong Kong) Ltd	7,395	$284.6K	0.02%
Tudor Investment Corp Et Al	6,993	$269.2K	0.00%
Jump Financial, LLC	5,810	$223.6K	0.01%
Quest Partners LLC	2,289	$88.1K	0.02%
Quantbot Technologies LP	2,105	$81.0K	0.00%
EMC Capital Management	1,877	$72.0K	0.04%
Raffa Wealth Management, LLC	268	$10.3K	0.00%
Ronald Blue Trust, Inc.	191	$7.35K	0.00%
Parallel Advisors, LLC	81	$3.12K	0.00%
First Financial Corp	44	$1.69K	0.00%
Covestor Ltd	13	$1.00K	0.00%
Nelson, Van Denburg & Campbell Wealth Management Group, LLC	2	$76	0.00%

Sold out (11)

Institutions that held Mercantile Bank Corp at the end of Q4 2023 and filed for Q1 2024 without it.

Institutions that sold out of MBWM in Q1 2024
Institution	Shares, Q4 2023	Value, Q4 2023
Strategies Wealth Advisors, LLC	25,649	$1.04M
Jane Street Group, LLC	10,741	$433.7K
Susquehanna International Group, LLP	9,385	$379.0K
Lazard Asset Management LLC	8,431	$340.0K
SEI Investments Co	5,902	$238.3K
Corton Capital Inc.	5,447	$219.9K
AJOVista, LLC	382	$15.4K
West Tower Group, LLC	180	$7.27K
Central Trust Co	71	$2.87K
GoalVest Advisory LLC	13	$525
Allworth Financial LP	3	$122