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 |
|---|---|---|---|---|---|
| Janus Henderson Group PLC | 6,819 | $261.7K | 0.00% | +10.0% | Added |
| FMR LLC | 6,382 | $245.6K | 0.00% | +40+0.6% | Added |
| Comerica Bank | 6,294 | $242.3K | 0.00% | +4,297+215.2% | Added |
| HighTower Advisors, LLC | 6,224 | $239.0K | 0.00% | +26+0.4% | Added |
| Pitcairn Co | 6,193 | $238.4K | 0.02% | −342−5.2% | Reduced |
| New York State Common Retirement Fund | 6,133 | $236.1K | 0.00% | −4−0.1% | Reduced |
| Well Done, LLC | 6,124 | $235.7K | 0.05% | +74+1.2% | Added |
| Manufacturers Life Insurance Company, The | 6,109 | $235.1K | 0.00% | −265−4.2% | Reduced |
| Martingale Asset Management L P | 6,100 | $234.8K | 0.00% | 00.0% | Unchanged |
| Dynamic Advisor Solutions LLC | 5,842 | $224.9K | 0.01% | −1,158−16.5% | Reduced |
| Jump Financial, LLC | 5,810 | $223.6K | 0.01% | +5,810 | New |
| Truist Financial Corp | 5,430 | $209.0K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 5,336 | $205.0K | 0.00% | −882−14.2% | Reduced |
| US Bancorp | 5,323 | $204.9K | 0.00% | −202−3.7% | Reduced |
| DekaBank Deutsche Girozentrale | 5,407 | $203.0K | 0.00% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 4,788 | $184.3K | 0.00% | −97−2.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 4,660 | $179.4K | 0.00% | +392+9.2% | Added |
| Advisor Group Holdings, Inc. | 4,268 | $164.3K | 0.00% | −257−5.7% | Reduced |
| Acadian Asset Management LLC | 4,158 | $159.0K | 0.00% | −66,041−94.1% | Reduced |
| Huntington National Bank | 3,997 | $153.8K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 3,808 | $146.6K | 0.00% | −2,630−40.9% | Reduced |
| Public Employees Retirement System of Ohio | 3,789 | $145.8K | 0.00% | −164−4.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $119.6K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,767 | $107.0K | 0.00% | −53−1.9% | Reduced |
| Nisa Investment Advisors, LLC | 2,375 | $91.4K | 0.00% | 00.0% | Unchanged |
| Quest Partners LLC | 2,289 | $88.1K | 0.02% | +2,289 | New |
| Oliver Lagore Vanvalin Investment Group | 2,122 | $81.7K | 0.02% | 00.0% | Unchanged |
| Quantbot Technologies LP | 2,105 | $81.0K | 0.00% | +2,105 | New |
| EMC Capital Management | 1,877 | $72.0K | 0.04% | +1,877 | New |
| Aquatic Capital Management LLC | 1,600 | $61.6K | 0.00% | +1,500+1,500.0% | Added |
| Ameritas Investment Partners, Inc. | 1,548 | $59.6K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 1,449 | $55.8K | 0.00% | −694−32.4% | Reduced |
| Voisard Asset Management Group, Inc. | 944 | $36.3K | 0.02% | 00.0% | Unchanged |
| Metropolitan Life Insurance Co | 879 | $33.8K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 817 | $31.0K | 0.00% | +302+58.6% | Added |
| Quadrant Capital Group LLC | 721 | $27.8K | 0.00% | +238+49.3% | Added |
| First Horizon Advisors, Inc. | 709 | $27.3K | 0.00% | −55−7.2% | Reduced |
| Amalgamated Bank | 528 | $20.0K | 0.00% | −840−61.4% | Reduced |
| Center for Financial Planning, Inc. | 283 | $10.9K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 277 | $10.7K | 0.00% | 00.0% | Unchanged |
| Raffa Wealth Management, LLC | 268 | $10.3K | 0.00% | +268 | New |
| Ronald Blue Trust, Inc. | 191 | $7.35K | 0.00% | +191 | New |
| Signaturefd, LLC | 183 | $7.04K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 123 | $4.73K | 0.00% | −1,649−93.1% | Reduced |
| Private Trust Co NA | 89 | $3.43K | 0.00% | −22−19.8% | Reduced |
| Parallel Advisors, LLC | 81 | $3.12K | 0.00% | +81 | New |
| GAMMA Investing LLC | 52 | $2.00K | 0.00% | −7−11.9% | Reduced |
| Principal Securities, Inc. | 45 | $1.73K | 0.00% | −14−23.7% | Reduced |
| First Financial Corp | 44 | $1.69K | 0.00% | +44 | New |
| Covestor Ltd | 13 | $1.00K | 0.00% | +13 | New |
| IFP Advisors, Inc | 23 | $885 | 0.00% | −163−87.6% | Reduced |
| Proequities, Inc. | 21 | $808 | 0.00% | −10−32.3% | Reduced |
| Lindbrook Capital, LLC | 18 | $693 | 0.00% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 11 | $423 | 0.00% | −2,727−99.6% | Reduced |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 2 | $76 | 0.00% | +2 | New |
| 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 |