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, Q2 2024
Institutional positions in Mercantile Bank Corp as of Jun 30, 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
- 162
- +8 vs. Q1 2024
- Shares held
- 9.90M
- −64.5K (−0.6%) vs. Q1 2024
- Total value
- $401.6M
- +$18.1M (+4.7%) vs. Q1 2024
- New holders
- 24
- 50 more added
- Sold out
- 16
- 61 more reduced
1 institution that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2024: 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, Q2 2024
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock Inc. | 1,562,417 | $63.4M | 0.00% | +59,132+3.9% | Added |
| Dimensional Fund Advisors LP | 1,148,421 | $46.6M | 0.01% | −13,821−1.2% | Reduced |
| Vanguard Group Inc | 837,552 | $34.0M | 0.00% | +32,218+4.0% | Added |
| Renaissance Technologies LLC | 530,913 | $21.5M | 0.04% | +8,100+1.5% | Added |
| State Street Corp | 451,956 | $18.3M | 0.00% | −1900.0% | Reduced |
| North Star Asset Management Inc | 363,806 | $14.8M | 0.70% | +2,532+0.7% | Added |
| Geode Capital Management, LLC | 362,777 | $14.7M | 0.00% | +14,444+4.1% | Added |
| Banc Funds Co LLC | 337,344 | $13.7M | 1.62% | −57,385−14.5% | Reduced |
| American Century Companies Inc | 308,849 | $12.5M | 0.01% | +47,528+18.2% | Added |
| LSV Asset Management | 260,129 | $10.6M | 0.02% | +34,725+15.4% | Added |
| Tributary Capital Management, LLC | 248,480 | $10.1M | 0.84% | +753+0.3% | Added |
| Charles Schwab Investment Management Inc | 187,911 | $7.62M | 0.00% | −10,505−5.3% | Reduced |
| Northern Trust Corp | 178,349 | $7.24M | 0.00% | −5,427−3.0% | Reduced |
| AQR Capital Management LLC | 174,355 | $7.07M | 0.01% | +90,802+108.7% | Added |
| Segall Bryant & Hamill, LLC | 124,921 | $5.07M | 0.09% | +124,921 | New |
| JPMorgan Chase & Co | 121,892 | $4.95M | 0.00% | −37,040−23.3% | Reduced |
| Bank of New York Mellon Corp | 120,689 | $4.90M | 0.00% | +3,324+2.8% | Added |
| Allianz Asset Management GmbH | 118,375 | $4.80M | 0.01% | −456−0.4% | Reduced |
| Mercer Global Advisors Inc | 112,377 | $4.56M | 0.01% | 00.0% | Unchanged |
| Bridgeway Capital Management, LLC | 97,437 | $3.95M | 0.09% | +3,600+3.8% | Added |
| Oberweis Asset Management Inc | 89,891 | $3.65M | 0.22% | +563+0.6% | Added |
| Morgan Stanley | 88,398 | $3.59M | 0.00% | −180,849−67.2% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 75,320 | $3.06M | 0.01% | +4,270+6.0% | Added |
| Hillsdale Investment Management Inc. | 72,146 | $2.93M | 0.23% | −6,900−8.7% | Reduced |
| Goldman Sachs Group Inc | 69,874 | $2.83M | 0.00% | +8,902+14.6% | Added |
| Royal Bank of Canada | 69,547 | $2.82M | 0.00% | −5,852−7.8% | Reduced |
| jvl associates llc | 62,015 | $2.52M | 1.01% | 00.0% | Unchanged |
| Arrowstreet Capital, Limited Partnership | 59,173 | $2.40M | 0.00% | −6,481−9.9% | Reduced |
| Millennium Management LLC | 57,138 | $2.32M | 0.00% | +24,349+74.3% | Added |
| Empowered Funds, LLC | 50,137 | $2.03M | 0.04% | −42,937−46.1% | Reduced |
| First Trust Advisors LP | 47,320 | $1.92M | 0.00% | −96,786−67.2% | Reduced |
| Invesco Ltd. | 46,791 | $1.90M | 0.00% | −9,025−16.2% | Reduced |
| Assenagon Asset Management S.A. | 46,551 | $1.89M | 0.00% | −23,090−33.2% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.83M | 2.59% | 00.0% | Unchanged |
| Bank of America Corp | 44,519 | $1.81M | 0.00% | +5,872+15.2% | Added |
| Envestnet Asset Management Inc | 43,421 | $1.76M | 0.00% | −830−1.9% | Reduced |
| Brandywine Global Investment Management, LLC | 41,662 | $1.69M | 0.01% | −1,976−4.5% | Reduced |
| Thrivent Financial for Lutherans | 40,140 | $1.63M | 0.00% | +4,452+12.5% | Added |
| Nuveen Asset Management, LLC | 39,891 | $1.62M | 0.00% | +6,770+20.4% | Added |
| De Lisle Partners LLP | 37,661 | $1.52M | 0.33% | 00.0% | Unchanged |
| LaFleur & Godfrey LLC | 35,565 | $1.44M | 0.21% | −293−0.8% | Reduced |
| Wells Fargo & Company | 33,524 | $1.36M | 0.00% | +2,909+9.5% | Added |
| Pathstone Holdings, LLC | 32,002 | $1.30M | 0.01% | +2,489+8.4% | Added |
| Swiss National Bank | 31,600 | $1.28M | 0.00% | 00.0% | Unchanged |
| CWM Advisors, LLC | 29,820 | $1.21M | 0.14% | +20,465+218.8% | Added |
| Cornercap Investment Counsel Inc | 29,191 | $1.18M | 0.19% | −263−0.9% | Reduced |
| Rhumbline Advisers | 25,321 | $1.03M | 0.00% | +655+2.7% | Added |
| UBS Asset Management Americas Inc | 24,722 | $1.00M | 0.00% | +10,735+76.7% | Added |
| ClariVest Asset Management LLC | 24,250 | $983.8K | 0.10% | +796+3.4% | Added |
| Ameriprise Financial Inc | 24,215 | $982.4K | 0.00% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 23,167 | $939.9K | 0.00% | +11,327+95.7% | Added |
| Qube Research & Technologies Ltd | 22,282 | $904.0K | 0.00% | +11,103+99.3% | Added |
| Buckingham Strategic Partners | 22,208 | $901.0K | 0.02% | −729−3.2% | Reduced |
| Two Sigma Advisers, LP | 22,084 | $895.9K | 0.00% | +500+2.3% | Added |
| Rafferty Asset Management, LLC | 21,706 | $880.6K | 0.00% | +5,199+31.5% | Added |
| Los Angeles Capital Management LLC | 21,316 | $864.8K | 0.00% | −2,867−11.9% | Reduced |
| Baird Financial Group, Inc. | 20,865 | $846.5K | 0.00% | 00.0% | Unchanged |
| Round Hill Asset Management | 19,407 | $787.3K | 0.50% | −800−4.0% | Reduced |
| Wedge Capital Management L L P | 17,581 | $713.3K | 0.01% | −138−0.8% | Reduced |
| Jacobs Levy Equity Management, Inc | 17,446 | $707.8K | 0.00% | −3,904−18.3% | Reduced |
| Victory Capital Management Inc | 17,140 | $695.4K | 0.00% | −410−2.3% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 17,038 | $691.2K | 0.00% | +3,229+23.4% | Added |
| Citigroup Inc | 16,805 | $681.8K | 0.00% | +1,566+10.3% | Added |
| Barclays PLC | 16,558 | $671.8K | 0.00% | −10,783−39.4% | Reduced |
| Teacher Retirement System of Texas | 16,269 | $660.0K | 0.00% | −7,568−31.7% | Reduced |
| California State Teachers Retirement System | 15,696 | $636.8K | 0.00% | −293−1.8% | Reduced |
| Alliancebernstein L.P. | 15,241 | $618.3K | 0.00% | 00.0% | Unchanged |
| Creative Planning | 14,571 | $591.2K | 0.00% | +2,644+22.2% | Added |
| Gsa Capital Partners LLP | 14,272 | $579.0K | 0.04% | +14,272 | New |
| Hennion & Walsh Asset Management, Inc. | 14,197 | $576.0K | 0.03% | +3,544+33.3% | Added |
| Legal & General Group Plc | 14,013 | $568.5K | 0.00% | +118+0.8% | Added |
| STRS Ohio | 13,800 | $559.9K | 0.00% | +1,400+11.3% | Added |
| Shakespeare Wealth Management, Inc. | 13,753 | $558.0K | 0.16% | −3,071−18.3% | Reduced |
| Jane Street Group, LLC | 13,507 | $548.0K | 0.00% | +13,507 | New |
| Regal Investment Advisors LLC | 13,500 | $547.7K | 0.04% | 00.0% | Unchanged |
| Janney Montgomery Scott LLC | 11,537 | $468.0K | 0.00% | −214−1.8% | Reduced |
| Russell Investments Group, Ltd. | 11,125 | $451.3K | 0.00% | −8,360−42.9% | Reduced |
| Lazard Asset Management LLC | 11,135 | $451.0K | 0.00% | +11,135 | New |
| State of Wisconsin Investment Board | 11,111 | $450.8K | 0.00% | +11,111 | New |
| Susquehanna International Group, LLP | 10,882 | $441.5K | 0.00% | +10,882 | New |
| UBS Group AG | 10,728 | $435.2K | 0.00% | −8,130−43.1% | Reduced |
| Tudor Investment Corp Et Al | 10,664 | $432.6K | 0.00% | +3,671+52.5% | Added |
| Trust Point Inc. | 10,113 | $410.3K | 0.03% | +248+2.5% | Added |
| Voya Investment Management LLC | 10,003 | $405.8K | 0.00% | +122+1.2% | Added |
| Susquehanna Fundamental Investments, LLC | 9,967 | $404.4K | 0.01% | +9,967 | New |
| Alps Advisors Inc | 9,393 | $381.1K | 0.00% | −47−0.5% | Reduced |
| MetLife Investment Management | 9,276 | $376.3K | 0.00% | +879+10.5% | Added |
| SG Americas Securities, LLC | 9,220 | $374.0K | 0.00% | +9,220 | New |
| Cerity Partners LLC | 9,212 | $373.7K | 0.00% | −13,479−59.4% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $372.8K | 0.02% | 00.0% | Unchanged |
| Deutsche Bank AG | 9,028 | $366.3K | 0.00% | −152−1.7% | Reduced |
| Franklin Resources Inc | 8,969 | $363.9K | 0.00% | +1,221+15.8% | Added |
| State of Tennessee, Treasury Department | 8,732 | $354.3K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 8,657 | $351.2K | 0.00% | −742−7.9% | Reduced |
| Corebridge Financial, Inc. | 8,487 | $344.3K | 0.00% | +8,487 | New |
| Principal Financial Group Inc | 8,307 | $337.0K | 0.00% | +620+8.1% | Added |
| HSBC Holdings PLC | 8,308 | $330.2K | 0.00% | −211−2.5% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,135 | $330.0K | 0.00% | +8,135 | New |
| First National Bank of Omaha | 7,538 | $305.8K | 0.02% | −232−3.0% | Reduced |
| Allspring Global Investments Holdings, LLC | 7,397 | $300.1K | 0.00% | +2,737+58.7% | Added |