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, 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
- 9.84M
- +180.0K (+1.9%) vs. Q1 2024
- Total value
- $399.1M
- +$27.3M (+7.4%) vs. Q1 2024
- New holders
- 24
- 51 more added
- Sold out
- 16
- 60 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Covestor Ltd | 10 | $0 | 0.00% | −3−23.1% | Reduced |
| Innealta Capital, LLC | 4 | $163 | 0.00% | +4 | New |
| Rothschild Investment LLC | 5 | $203 | 0.00% | +5 | New |
| Allworth Financial LP | 8 | $384 | 0.00% | +8 | New |
| Proequities, Inc. | 19 | $770 | 0.00% | −2−9.5% | Reduced |
| Smartleaf Asset Management LLC | 22 | $869 | 0.00% | +22 | New |
| Principal Securities, Inc. | 45 | $1.83K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 55 | $2.23K | 0.00% | +55 | New |
| Signaturefd, LLC | 61 | $2.48K | 0.00% | −122−66.7% | Reduced |
| Lindbrook Capital, LLC | 62 | $2.52K | 0.00% | +44+244.4% | Added |
| GAMMA Investing LLC | 63 | $2.56K | 0.00% | +11+21.2% | Added |
| Parallel Advisors, LLC | 73 | $2.96K | 0.00% | −8−9.9% | Reduced |
| Private Trust Co NA | 89 | $3.61K | 0.00% | 00.0% | Unchanged |
| Ronald Blue Trust, Inc. | 191 | $7.35K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 253 | $10.3K | 0.00% | −24−8.7% | Reduced |
| Raffa Wealth Management, LLC | 268 | $10.9K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $11.5K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 331 | $13.4K | 0.00% | +331 | New |
| Amalgamated Bank | 528 | $21.0K | 0.00% | 00.0% | Unchanged |
| Northwestern Mutual Wealth Management Co | 575 | $23.3K | 0.00% | +575 | New |
| Quadrant Capital Group LLC | 650 | $26.4K | 0.00% | −71−9.8% | Reduced |
| Quest Partners LLC | 658 | $26.7K | 0.00% | −1,631−71.3% | Reduced |
| Gradient Investments LLC | 685 | $27.8K | 0.00% | +685 | New |
| Mattson Financial Services, LLC | 685 | $27.8K | 0.01% | +685 | New |
| First Horizon Advisors, Inc. | 709 | $28.8K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 755 | $30.6K | 0.00% | −694−47.9% | Reduced |
| CIBC Private Wealth Group, LLC | 983 | $38.1K | 0.00% | +983 | New |
| Voisard Asset Management Group, Inc. | 944 | $38.3K | 0.02% | 00.0% | Unchanged |
| EntryPoint Capital, LLC | 1,234 | $50.1K | 0.02% | +1,223+11,118.2% | Added |
| SWS Partners | 1,311 | $53.2K | 0.02% | +1,311 | New |
| Ameritas Investment Partners, Inc. | 1,548 | $62.8K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 1,752 | $71.1K | 0.00% | −2,056−54.0% | Reduced |
| Advisor Group Holdings, Inc. | 1,811 | $73.6K | 0.00% | −2,457−57.6% | Reduced |
| Oliver Lagore Vanvalin Investment Group | 1,842 | $74.7K | 0.02% | −280−13.2% | Reduced |
| EMC Capital Management | 1,877 | $76.0K | 0.04% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 2,375 | $96.4K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 2,753 | $111.0K | 0.00% | −14−0.5% | Reduced |
| CWM, LLC | 2,799 | $114.0K | 0.00% | +1,982+242.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $126.1K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,573 | $145.0K | 0.00% | −216−5.7% | Reduced |
| Huntington National Bank | 3,997 | $162.2K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 4,049 | $164.3K | 0.00% | +3,926+3,191.9% | Added |
| BNP Paribas Arbitrage, SA | 4,167 | $169.1K | 0.00% | −4,278−50.7% | Reduced |
| Price T Rowe Associates Inc | 4,983 | $203.0K | 0.00% | +4,983 | New |
| Semanteon Capital Management, LP | 5,223 | $211.9K | 0.15% | −2,280−30.4% | Reduced |
| DekaBank Deutsche Girozentrale | 5,407 | $212.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 5,315 | $215.6K | 0.00% | −8−0.2% | Reduced |
| Truist Financial Corp | 5,414 | $219.6K | 0.00% | −16−0.3% | Reduced |
| Federated Hermes, Inc. | 5,611 | $227.6K | 0.00% | +823+17.2% | Added |
| ExodusPoint Capital Management, LP | 5,800 | $235.0K | 0.00% | +5,800 | New |
| Dynamic Advisor Solutions LLC | 5,842 | $237.0K | 0.01% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 6,012 | $243.9K | 0.00% | −97−1.6% | Reduced |
| Martingale Asset Management L P | 6,100 | $247.5K | 0.01% | 00.0% | Unchanged |
| Well Done, LLC | 6,114 | $248.0K | 0.05% | −10−0.2% | Reduced |
| New York State Common Retirement Fund | 6,132 | $248.8K | 0.00% | −10.0% | Reduced |
| Comerica Bank | 6,155 | $249.7K | 0.00% | −139−2.2% | Reduced |
| HighTower Advisors, LLC | 6,252 | $254.0K | 0.00% | +28+0.4% | Added |
| Janus Henderson Group PLC | 6,739 | $272.4K | 0.00% | −80−1.2% | Reduced |
| Pitcairn Co | 6,732 | $273.1K | 0.02% | +539+8.7% | Added |
| FMR LLC | 6,825 | $276.9K | 0.00% | +443+6.9% | Added |
| Zacks Investment Management | 7,250 | $294.1K | 0.00% | −665−8.4% | Reduced |
| D. E. Shaw & Co., Inc. | 7,355 | $298.4K | 0.00% | +7,355 | New |
| Allspring Global Investments Holdings, LLC | 7,397 | $300.1K | 0.00% | +2,737+58.7% | Added |
| First National Bank of Omaha | 7,538 | $305.8K | 0.02% | −232−3.0% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,135 | $330.0K | 0.00% | +8,135 | New |
| HSBC Holdings PLC | 8,308 | $330.2K | 0.00% | −211−2.5% | Reduced |
| Principal Financial Group Inc | 8,307 | $337.0K | 0.00% | +620+8.1% | Added |
| Corebridge Financial, Inc. | 8,487 | $344.3K | 0.00% | +8,487 | New |
| LPL Financial LLC | 8,657 | $351.2K | 0.00% | −742−7.9% | Reduced |
| State of Tennessee, Treasury Department | 8,732 | $354.3K | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 8,969 | $363.9K | 0.00% | +1,221+15.8% | Added |
| Deutsche Bank AG | 9,028 | $366.3K | 0.00% | −152−1.7% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $372.8K | 0.02% | 00.0% | Unchanged |
| Cerity Partners LLC | 9,212 | $373.7K | 0.00% | −13,479−59.4% | Reduced |
| SG Americas Securities, LLC | 9,220 | $374.0K | 0.00% | +9,220 | New |
| MetLife Investment Management | 9,276 | $376.3K | 0.00% | +879+10.5% | Added |
| Alps Advisors Inc | 9,393 | $381.1K | 0.00% | −47−0.5% | Reduced |
| Susquehanna Fundamental Investments, LLC | 9,967 | $404.4K | 0.01% | +9,967 | New |
| Voya Investment Management LLC | 10,003 | $405.8K | 0.00% | +122+1.2% | Added |
| Trust Point Inc. | 10,113 | $410.3K | 0.03% | +248+2.5% | Added |
| Tudor Investment Corp Et Al | 10,664 | $432.6K | 0.00% | +3,671+52.5% | Added |
| UBS Group AG | 10,728 | $435.2K | 0.00% | −8,130−43.1% | Reduced |
| Susquehanna International Group, LLP | 10,882 | $441.5K | 0.00% | +10,882 | New |
| State of Wisconsin Investment Board | 11,111 | $450.8K | 0.00% | +11,111 | New |
| Lazard Asset Management LLC | 11,135 | $451.0K | 0.00% | +11,135 | New |
| Russell Investments Group, Ltd. | 11,125 | $451.3K | 0.00% | −8,360−42.9% | Reduced |
| Janney Montgomery Scott LLC | 11,537 | $468.0K | 0.00% | −214−1.8% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $547.7K | 0.04% | 00.0% | Unchanged |
| Jane Street Group, LLC | 13,507 | $548.0K | 0.00% | +13,507 | New |
| Shakespeare Wealth Management, Inc. | 13,753 | $558.0K | 0.16% | −3,071−18.3% | Reduced |
| STRS Ohio | 13,800 | $559.9K | 0.00% | +1,400+11.3% | Added |
| Legal & General Group Plc | 14,013 | $568.5K | 0.00% | +118+0.8% | Added |
| Hennion & Walsh Asset Management, Inc. | 14,197 | $576.0K | 0.03% | +3,544+33.3% | Added |
| Gsa Capital Partners LLP | 14,272 | $579.0K | 0.04% | +14,272 | New |
| Creative Planning | 14,571 | $591.2K | 0.00% | +2,644+22.2% | Added |
| Alliancebernstein L.P. | 15,241 | $618.3K | 0.00% | 00.0% | Unchanged |
| California State Teachers Retirement System | 15,696 | $636.8K | 0.00% | −293−1.8% | Reduced |
| Teacher Retirement System of Texas | 16,269 | $660.0K | 0.00% | −7,568−31.7% | Reduced |
| Barclays PLC | 16,558 | $671.8K | 0.00% | −10,783−39.4% | Reduced |
| Citigroup Inc | 16,805 | $681.8K | 0.00% | +1,566+10.3% | Added |