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.

Q2 2024 vs. Q1 2024

How the institutions holding Mercantile Bank Corp changed between Q1 2024 and Q2 2024.

All holders in Q2 2024 All holders in Q1 2024

13F holders of MBWM: Q1 2024 compared with Q2 2024
Measure	Q1 2024	Of which not filed for Q2 2024	Q2 2024	Change
Holders	155	1	162	+8
Shares	9.67M	14.2K	9.84M	+180.0K (+1.9%)
Value	$372.3M	$546.1K	$399.1M	+$27.3M (+7.4%)

1 institution that held it in Q1 2024 haven't filed for Q2 2024 yet. Not filing isn't selling, so the changes leave them out.

New holders (24)

Institutions that held Mercantile Bank Corp at the end of Q2 2024 but not at the end of Q1 2024.

Institutions new to MBWM in Q2 2024
Institution	Shares	Value	% of portfolio
Segall Bryant & Hamill, LLC	124,921	$5.07M	0.09%
Gsa Capital Partners LLP	14,272	$579.0K	0.04%
Jane Street Group, LLC	13,507	$548.0K	0.00%
Lazard Asset Management LLC	11,135	$451.0K	0.00%
State of Wisconsin Investment Board	11,111	$450.8K	0.00%
Susquehanna International Group, LLP	10,882	$441.5K	0.00%
Susquehanna Fundamental Investments, LLC	9,967	$404.4K	0.01%
SG Americas Securities, LLC	9,220	$374.0K	0.00%
Corebridge Financial, Inc.	8,487	$344.3K	0.00%
Mirae Asset Global ETFs Holdings Ltd.	8,135	$330.0K	0.00%
D. E. Shaw & Co., Inc.	7,355	$298.4K	0.00%
ExodusPoint Capital Management, LP	5,800	$235.0K	0.00%
Price T Rowe Associates Inc	4,983	$203.0K	0.00%
SWS Partners	1,311	$53.2K	0.02%
CIBC Private Wealth Group, LLC	983	$38.1K	0.00%
Gradient Investments LLC	685	$27.8K	0.00%
Mattson Financial Services, LLC	685	$27.8K	0.01%
Northwestern Mutual Wealth Management Co	575	$23.3K	0.00%
SRS Capital Advisors, Inc.	331	$13.4K	0.00%
Global Retirement Partners, LLC	55	$2.23K	0.00%
Smartleaf Asset Management LLC	22	$869	0.00%
Allworth Financial LP	8	$384	0.00%
Rothschild Investment LLC	5	$203	0.00%
Innealta Capital, LLC	4	$163	0.00%

Sold out (16)

Institutions that held Mercantile Bank Corp at the end of Q1 2024 and filed for Q2 2024 without it.

Institutions that sold out of MBWM in Q2 2024
Institution	Shares, Q1 2024	Value, Q1 2024
Stieven Capital Advisors, L.P.	96,196	$3.70M
Denali Advisors LLC	17,000	$654.3K
Man Group plc	13,058	$502.6K
Sherbrooke Park Advisers LLC	10,088	$388.3K
New York Life Investment Management LLC	9,671	$372.2K
American International Group, Inc.	7,735	$297.7K
Y-Intercept (Hong Kong) Ltd	7,395	$284.6K
Jump Financial, LLC	5,810	$223.6K
MML Investors Services, LLC	5,336	$205.0K
Acadian Asset Management LLC	4,158	$159.0K
Quantbot Technologies LP	2,105	$81.0K
Aquatic Capital Management LLC	1,600	$61.6K
Metropolitan Life Insurance Co	879	$33.8K
First Financial Corp	44	$1.69K
IFP Advisors, Inc	23	$885
Nelson, Van Denburg & Campbell Wealth Management Group, LLC	2	$76

Not filed for Q2 2024 yet (1)

Institutions that held Mercantile Bank Corp at the end of Q1 2024 and haven't filed a 13F for Q2 2024. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBWM in Q1 2024 that haven't filed for Q2 2024
Institution	Shares, Q1 2024	Value, Q1 2024
Credit Suisse AG	14,187	$546.1K