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, 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 2 | $76 | 0.00% | +2 | New |
| EntryPoint Capital, LLC | 11 | $423 | 0.00% | −2,727−99.6% | Reduced |
| Lindbrook Capital, LLC | 18 | $693 | 0.00% | 00.0% | Unchanged |
| Proequities, Inc. | 21 | $808 | 0.00% | −10−32.3% | Reduced |
| IFP Advisors, Inc | 23 | $885 | 0.00% | −163−87.6% | Reduced |
| Covestor Ltd | 13 | $1.00K | 0.00% | +13 | New |
| First Financial Corp | 44 | $1.69K | 0.00% | +44 | New |
| Principal Securities, Inc. | 45 | $1.73K | 0.00% | −14−23.7% | Reduced |
| GAMMA Investing LLC | 52 | $2.00K | 0.00% | −7−11.9% | Reduced |
| Parallel Advisors, LLC | 81 | $3.12K | 0.00% | +81 | New |
| Private Trust Co NA | 89 | $3.43K | 0.00% | −22−19.8% | Reduced |
| Tower Research Capital LLC (TRC) | 123 | $4.73K | 0.00% | −1,649−93.1% | Reduced |
| Signaturefd, LLC | 183 | $7.04K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 191 | $7.35K | 0.00% | +191 | New |
| Raffa Wealth Management, LLC | 268 | $10.3K | 0.00% | +268 | New |
| Umb Bank N A | 277 | $10.7K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $10.9K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 528 | $20.0K | 0.00% | −840−61.4% | Reduced |
| First Horizon Advisors, Inc. | 709 | $27.3K | 0.00% | −55−7.2% | Reduced |
| Quadrant Capital Group LLC | 721 | $27.8K | 0.00% | +238+49.3% | Added |
| CWM, LLC | 817 | $31.0K | 0.00% | +302+58.6% | Added |
| Metropolitan Life Insurance Co | 879 | $33.8K | 0.00% | 00.0% | Unchanged |
| Voisard Asset Management Group, Inc. | 944 | $36.3K | 0.02% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,449 | $55.8K | 0.00% | −694−32.4% | Reduced |
| Ameritas Investment Partners, Inc. | 1,548 | $59.6K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 1,600 | $61.6K | 0.00% | +1,500+1,500.0% | Added |
| EMC Capital Management | 1,877 | $72.0K | 0.04% | +1,877 | New |
| Quantbot Technologies LP | 2,105 | $81.0K | 0.00% | +2,105 | New |
| Oliver Lagore Vanvalin Investment Group | 2,122 | $81.7K | 0.02% | 00.0% | Unchanged |
| Quest Partners LLC | 2,289 | $88.1K | 0.02% | +2,289 | New |
| Nisa Investment Advisors, LLC | 2,375 | $91.4K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,767 | $107.0K | 0.00% | −53−1.9% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $119.6K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,789 | $145.8K | 0.00% | −164−4.1% | Reduced |
| The PNC Financial Services Group, Inc. | 3,808 | $146.6K | 0.00% | −2,630−40.9% | Reduced |
| Huntington National Bank | 3,997 | $153.8K | 0.00% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 4,158 | $159.0K | 0.00% | −66,041−94.1% | Reduced |
| Advisor Group Holdings, Inc. | 4,268 | $164.3K | 0.00% | −257−5.7% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,660 | $179.4K | 0.00% | +392+9.2% | Added |
| Federated Hermes, Inc. | 4,788 | $184.3K | 0.00% | −97−2.0% | Reduced |
| DekaBank Deutsche Girozentrale | 5,407 | $203.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 5,323 | $204.9K | 0.00% | −202−3.7% | Reduced |
| MML Investors Services, LLC | 5,336 | $205.0K | 0.00% | −882−14.2% | Reduced |
| Truist Financial Corp | 5,430 | $209.0K | 0.00% | 00.0% | Unchanged |
| Jump Financial, LLC | 5,810 | $223.6K | 0.01% | +5,810 | New |
| Dynamic Advisor Solutions LLC | 5,842 | $224.9K | 0.01% | −1,158−16.5% | Reduced |
| Martingale Asset Management L P | 6,100 | $234.8K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 6,109 | $235.1K | 0.00% | −265−4.2% | Reduced |
| Well Done, LLC | 6,124 | $235.7K | 0.05% | +74+1.2% | Added |
| New York State Common Retirement Fund | 6,133 | $236.1K | 0.00% | −4−0.1% | Reduced |
| Pitcairn Co | 6,193 | $238.4K | 0.02% | −342−5.2% | Reduced |
| HighTower Advisors, LLC | 6,224 | $239.0K | 0.00% | +26+0.4% | Added |
| Comerica Bank | 6,294 | $242.3K | 0.00% | +4,297+215.2% | Added |
| FMR LLC | 6,382 | $245.6K | 0.00% | +40+0.6% | Added |
| Janus Henderson Group PLC | 6,819 | $261.7K | 0.00% | +10.0% | Added |
| Tudor Investment Corp Et Al | 6,993 | $269.2K | 0.00% | +6,993 | New |
| Y-Intercept (Hong Kong) Ltd | 7,395 | $284.6K | 0.02% | +7,395 | New |
| Semanteon Capital Management, LP | 7,503 | $288.8K | 0.18% | +7,503 | New |
| Principal Financial Group Inc | 7,687 | $295.9K | 0.00% | +7,687 | New |
| American International Group, Inc. | 7,735 | $297.7K | 0.00% | −66−0.8% | Reduced |
| Franklin Resources Inc | 7,748 | $298.2K | 0.00% | +76+1.0% | Added |
| Zacks Investment Management | 7,915 | $304.6K | 0.00% | +7,915 | New |
| MetLife Investment Management | 8,397 | $323.2K | 0.00% | 00.0% | Unchanged |
| BNP Paribas Arbitrage, SA | 8,445 | $325.0K | 0.00% | +4,128+95.6% | Added |
| HSBC Holdings PLC | 8,519 | $327.9K | 0.00% | +780+10.1% | Added |
| State of Tennessee, Treasury Department | 8,732 | $336.1K | 0.00% | +8,732 | New |
| First National Bank of Omaha | 7,770 | $337.5K | 0.02% | −4,532−36.8% | Reduced |
| Deutsche Bank AG | 9,180 | $353.3K | 0.00% | +1,717+23.0% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $353.7K | 0.01% | 00.0% | Unchanged |
| CWM Advisors, LLC | 9,355 | $360.1K | 0.04% | +9,355 | New |
| LPL Financial LLC | 9,399 | $361.8K | 0.00% | +346+3.8% | Added |
| Alps Advisors Inc | 9,440 | $363.3K | 0.00% | +9,440 | New |
| New York Life Investment Management LLC | 9,671 | $372.2K | 0.00% | −1,621−14.4% | Reduced |
| Trust Point Inc. | 9,865 | $379.7K | 0.03% | +567+6.1% | Added |
| Voya Investment Management LLC | 9,881 | $380.3K | 0.00% | −1,603−14.0% | Reduced |
| Sherbrooke Park Advisers LLC | 10,088 | $388.3K | 0.08% | +10,088 | New |
| Hennion & Walsh Asset Management, Inc. | 10,653 | $410.0K | 0.02% | +1,523+16.7% | Added |
| Qube Research & Technologies Ltd | 11,179 | $430.3K | 0.00% | +6,288+128.6% | Added |
| Janney Montgomery Scott LLC | 11,751 | $452.0K | 0.00% | +11,751 | New |
| Two Sigma Investments, LP | 11,840 | $455.7K | 0.00% | −2,892−19.6% | Reduced |
| Creative Planning | 11,927 | $459.1K | 0.00% | +2,723+29.6% | Added |
| STRS Ohio | 12,400 | $477.0K | 0.00% | −800−6.1% | Reduced |
| Man Group plc | 13,058 | $502.6K | 0.00% | +13,058 | New |
| Regal Investment Advisors LLC | 13,500 | $519.6K | 0.04% | 00.0% | Unchanged |
| Connor, Clark & Lunn Investment Management Ltd. | 13,809 | $531.5K | 0.00% | +8,137+143.5% | Added |
| Legal & General Group Plc | 13,895 | $534.8K | 0.00% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 13,987 | $538.4K | 0.00% | 00.0% | Unchanged |
| Credit Suisse AG | 14,187 | $546.1K | 0.00% | +783+5.8% | Added |
| Citigroup Inc | 15,239 | $586.5K | 0.00% | +8,051+112.0% | Added |
| Alliancebernstein L.P. | 15,241 | $586.6K | 0.00% | +4,470+41.5% | Added |
| California State Teachers Retirement System | 15,989 | $615.4K | 0.00% | −841−5.0% | Reduced |
| Rafferty Asset Management, LLC | 16,507 | $635.4K | 0.00% | +8,714+111.8% | Added |
| Shakespeare Wealth Management, Inc. | 16,824 | $647.6K | 0.19% | −2,944−14.9% | Reduced |
| Denali Advisors LLC | 17,000 | $654.3K | 0.19% | +9,500+126.7% | Added |
| Victory Capital Management Inc | 17,550 | $675.5K | 0.00% | −750−4.1% | Reduced |
| Wedge Capital Management L L P | 17,719 | $682.0K | 0.01% | +4,803+37.2% | Added |
| UBS Group AG | 18,858 | $725.8K | 0.00% | −3,976−17.4% | Reduced |
| Russell Investments Group, Ltd. | 19,485 | $750.0K | 0.00% | +6,467+49.7% | Added |
| Round Hill Asset Management | 20,207 | $777.8K | 0.47% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 20,865 | $803.1K | 0.00% | +100+0.5% | Added |