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 |
|---|---|---|---|---|---|
| Jacobs Levy Equity Management, Inc | 21,350 | $821.8K | 0.00% | −164−0.8% | Reduced |
| Two Sigma Advisers, LP | 21,584 | $830.8K | 0.00% | −4,600−17.6% | Reduced |
| Cerity Partners LLC | 22,691 | $873.4K | 0.00% | +22,691 | New |
| Buckingham Strategic Partners | 22,937 | $882.8K | 0.03% | +10,392+82.8% | Added |
| ClariVest Asset Management LLC | 23,454 | $902.7K | 0.09% | +167+0.7% | Added |
| Teacher Retirement System of Texas | 23,837 | $917.0K | 0.01% | +15,053+171.4% | Added |
| Los Angeles Capital Management LLC | 24,183 | $930.8K | 0.00% | +108+0.4% | Added |
| Ameriprise Financial Inc | 24,215 | $932.0K | 0.00% | −8,300−25.5% | Reduced |
| Rhumbline Advisers | 24,666 | $949.4K | 0.00% | +638+2.7% | Added |
| Barclays PLC | 27,341 | $1.05M | 0.00% | −5,139−15.8% | Reduced |
| Cornercap Investment Counsel Inc | 29,454 | $1.13M | 0.17% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 29,513 | $1.14M | 0.01% | +21,257+257.5% | Added |
| Wells Fargo & Company | 30,615 | $1.18M | 0.00% | −3,910−11.3% | Reduced |
| Swiss National Bank | 31,600 | $1.22M | 0.00% | 00.0% | Unchanged |
| Millennium Management LLC | 32,789 | $1.26M | 0.00% | −15,355−31.9% | Reduced |
| Nuveen Asset Management, LLC | 33,121 | $1.27M | 0.00% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 35,688 | $1.37M | 0.00% | +15,949+80.8% | Added |
| LaFleur & Godfrey LLC | 35,858 | $1.38M | 0.20% | −1,319−3.5% | Reduced |
| De Lisle Partners LLP | 37,661 | $1.45M | 0.33% | +37,661 | New |
| Bank of America Corp | 38,647 | $1.49M | 0.00% | −13,972−26.6% | Reduced |
| Brandywine Global Investment Management, LLC | 43,638 | $1.68M | 0.01% | −330−0.8% | Reduced |
| Envestnet Asset Management Inc | 44,251 | $1.70M | 0.00% | −3,792−7.9% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.73M | 2.33% | 00.0% | Unchanged |
| Empowered Funds, LLC | 46,537 | $1.79M | 0.03% | +3,500+8.1% | Added |
| Invesco Ltd. | 55,816 | $2.15M | 0.00% | +22,266+66.4% | Added |
| Goldman Sachs Group Inc | 60,972 | $2.35M | 0.00% | +21,721+55.3% | Added |
| jvl associates llc | 62,015 | $2.39M | 0.98% | 00.0% | Unchanged |
| Arrowstreet Capital, Limited Partnership | 65,654 | $2.53M | 0.00% | +65,654 | New |
| Assenagon Asset Management S.A. | 69,641 | $2.68M | 0.01% | −1,152−1.6% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 71,050 | $2.73M | 0.01% | −57,590−44.8% | Reduced |
| Royal Bank of Canada | 75,399 | $2.90M | 0.00% | −17,293−18.7% | Reduced |
| Hillsdale Investment Management Inc. | 79,046 | $3.04M | 0.24% | +6,200+8.5% | Added |
| JPMorgan Chase & Co | 79,466 | $3.06M | 0.00% | +14,632+22.6% | Added |
| AQR Capital Management LLC | 83,553 | $3.22M | 0.01% | +36,910+79.1% | Added |
| Oberweis Asset Management Inc | 89,328 | $3.44M | 0.25% | +4,013+4.7% | Added |
| Morgan Stanley | 89,749 | $3.45M | 0.00% | −19,727−18.0% | Reduced |
| Bridgeway Capital Management, LLC | 93,837 | $3.61M | 0.07% | +3,500+3.9% | Added |
| Stieven Capital Advisors, L.P. | 96,196 | $3.70M | 0.77% | −92,977−49.1% | Reduced |
| Mercer Global Advisors Inc | 112,377 | $4.33M | 0.01% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 117,365 | $4.52M | 0.00% | −4,499−3.7% | Reduced |
| Allianz Asset Management GmbH | 118,831 | $4.57M | 0.01% | +118,831 | New |
| First Trust Advisors LP | 144,106 | $5.55M | 0.01% | +95,300+195.3% | Added |
| Northern Trust Corp | 183,776 | $7.07M | 0.00% | −10,787−5.5% | Reduced |
| Charles Schwab Investment Management Inc | 198,416 | $7.64M | 0.00% | −625−0.3% | Reduced |
| LSV Asset Management | 225,404 | $8.68M | 0.02% | +12,726+6.0% | Added |
| Tributary Capital Management, LLC | 247,727 | $9.54M | 0.78% | −65,584−20.9% | Reduced |
| American Century Companies Inc | 261,321 | $10.1M | 0.01% | +50,286+23.8% | Added |
| Geode Capital Management, LLC | 348,333 | $13.4M | 0.00% | +12,428+3.7% | Added |
| North Star Asset Management Inc | 361,274 | $13.9M | 0.66% | −1,035−0.3% | Reduced |
| Banc Funds Co LLC | 394,729 | $15.2M | 1.72% | −76,829−16.3% | Reduced |
| State Street Corp | 452,146 | $17.4M | 0.00% | +51,241+12.8% | Added |
| Renaissance Technologies LLC | 522,813 | $20.1M | 0.03% | −15,600−2.9% | Reduced |
| Vanguard Group Inc | 805,334 | $31.0M | 0.00% | +21,616+2.8% | Added |
| Dimensional Fund Advisors LP | 1,162,242 | $44.7M | 0.01% | +10,511+0.9% | Added |
| BlackRock Inc. | 1,503,285 | $57.9M | 0.00% | −51,638−3.3% | Reduced |
| Strategies Wealth Advisors, LLC | 0 | $0 | 0.00% | −25,649−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −10,741−100.0% | Sold out |
| Susquehanna International Group, LLP | 0 | $0 | 0.00% | −9,385−100.0% | Sold out |
| Lazard Asset Management LLC | 0 | $0 | 0.00% | −8,431−100.0% | Sold out |
| SEI Investments Co | 0 | $0 | 0.00% | −5,902−100.0% | Sold out |
| Corton Capital Inc. | 0 | $0 | 0.00% | −5,447−100.0% | Sold out |
| AJOVista, LLC | 0 | $0 | 0.00% | −382−100.0% | Sold out |
| West Tower Group, LLC | 0 | $0 | 0.00% | −180−100.0% | Sold out |
| Central Trust Co | 0 | $0 | 0.00% | −71−100.0% | Sold out |
| GoalVest Advisory LLC | 0 | $0 | 0.00% | −13−100.0% | Sold out |
| Allworth Financial LP | 0 | $0 | 0.00% | −3−100.0% | Sold out |