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 |
|---|---|---|---|---|---|
| Connor, Clark & Lunn Investment Management Ltd. | 17,038 | $691.2K | 0.00% | +3,229+23.4% | Added |
| Victory Capital Management Inc | 17,140 | $695.4K | 0.00% | −410−2.3% | Reduced |
| Jacobs Levy Equity Management, Inc | 17,446 | $707.8K | 0.00% | −3,904−18.3% | Reduced |
| Wedge Capital Management L L P | 17,581 | $713.3K | 0.01% | −138−0.8% | Reduced |
| Round Hill Asset Management | 19,407 | $787.3K | 0.50% | −800−4.0% | Reduced |
| Baird Financial Group, Inc. | 20,865 | $846.5K | 0.00% | 00.0% | Unchanged |
| Los Angeles Capital Management LLC | 21,316 | $864.8K | 0.00% | −2,867−11.9% | Reduced |
| Rafferty Asset Management, LLC | 21,706 | $880.6K | 0.00% | +5,199+31.5% | Added |
| Two Sigma Advisers, LP | 22,084 | $895.9K | 0.00% | +500+2.3% | Added |
| Buckingham Strategic Partners | 22,208 | $901.0K | 0.02% | −729−3.2% | Reduced |
| Qube Research & Technologies Ltd | 22,282 | $904.0K | 0.00% | +11,103+99.3% | Added |
| Two Sigma Investments, LP | 23,167 | $939.9K | 0.00% | +11,327+95.7% | Added |
| Ameriprise Financial Inc | 24,215 | $982.4K | 0.00% | 00.0% | Unchanged |
| ClariVest Asset Management LLC | 24,250 | $983.8K | 0.10% | +796+3.4% | Added |
| UBS Asset Management Americas Inc | 24,722 | $1.00M | 0.00% | +10,735+76.7% | Added |
| Rhumbline Advisers | 25,321 | $1.03M | 0.00% | +655+2.7% | Added |
| Cornercap Investment Counsel Inc | 29,191 | $1.18M | 0.19% | −263−0.9% | Reduced |
| CWM Advisors, LLC | 29,820 | $1.21M | 0.14% | +20,465+218.8% | Added |
| Swiss National Bank | 31,600 | $1.28M | 0.00% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 32,002 | $1.30M | 0.01% | +2,489+8.4% | Added |
| Wells Fargo & Company | 33,524 | $1.36M | 0.00% | +2,909+9.5% | Added |
| LaFleur & Godfrey LLC | 35,565 | $1.44M | 0.21% | −293−0.8% | Reduced |
| De Lisle Partners LLP | 37,661 | $1.52M | 0.33% | 00.0% | Unchanged |
| Nuveen Asset Management, LLC | 39,891 | $1.62M | 0.00% | +6,770+20.4% | Added |
| Thrivent Financial for Lutherans | 40,140 | $1.63M | 0.00% | +4,452+12.5% | Added |
| Brandywine Global Investment Management, LLC | 41,662 | $1.69M | 0.01% | −1,976−4.5% | Reduced |
| Envestnet Asset Management Inc | 43,421 | $1.76M | 0.00% | −830−1.9% | Reduced |
| Bank of America Corp | 44,519 | $1.81M | 0.00% | +5,872+15.2% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.83M | 2.59% | 00.0% | Unchanged |
| Assenagon Asset Management S.A. | 46,551 | $1.89M | 0.00% | −23,090−33.2% | Reduced |
| Invesco Ltd. | 46,791 | $1.90M | 0.00% | −9,025−16.2% | Reduced |
| First Trust Advisors LP | 47,320 | $1.92M | 0.00% | −96,786−67.2% | Reduced |
| Empowered Funds, LLC | 50,137 | $2.03M | 0.04% | +3,600+7.7% | Added |
| Millennium Management LLC | 57,138 | $2.32M | 0.00% | +24,349+74.3% | Added |
| Arrowstreet Capital, Limited Partnership | 59,173 | $2.40M | 0.00% | −6,481−9.9% | Reduced |
| JPMorgan Chase & Co | 60,946 | $2.47M | 0.00% | −18,520−23.3% | Reduced |
| jvl associates llc | 62,015 | $2.52M | 1.01% | 00.0% | Unchanged |
| Royal Bank of Canada | 69,547 | $2.82M | 0.00% | −5,852−7.8% | Reduced |
| Goldman Sachs Group Inc | 69,874 | $2.83M | 0.00% | +8,902+14.6% | Added |
| Hillsdale Investment Management Inc. | 72,146 | $2.93M | 0.23% | −6,900−8.7% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 75,320 | $3.06M | 0.01% | +4,270+6.0% | Added |
| Morgan Stanley | 88,398 | $3.59M | 0.00% | −1,351−1.5% | Reduced |
| Oberweis Asset Management Inc | 89,891 | $3.65M | 0.22% | +563+0.6% | Added |
| Bridgeway Capital Management, LLC | 97,437 | $3.95M | 0.09% | +3,600+3.8% | Added |
| Mercer Global Advisors Inc | 112,377 | $4.56M | 0.01% | 00.0% | Unchanged |
| Allianz Asset Management GmbH | 118,375 | $4.80M | 0.01% | −456−0.4% | Reduced |
| Bank of New York Mellon Corp | 120,689 | $4.90M | 0.00% | +3,324+2.8% | Added |
| Segall Bryant & Hamill, LLC | 124,921 | $5.07M | 0.09% | +124,921 | New |
| AQR Capital Management LLC | 174,355 | $7.07M | 0.01% | +90,802+108.7% | Added |
| Northern Trust Corp | 178,349 | $7.24M | 0.00% | −5,427−3.0% | Reduced |
| Charles Schwab Investment Management Inc | 187,911 | $7.62M | 0.00% | −10,505−5.3% | Reduced |
| Tributary Capital Management, LLC | 248,480 | $10.1M | 0.84% | +753+0.3% | Added |
| LSV Asset Management | 260,129 | $10.6M | 0.02% | +34,725+15.4% | Added |
| American Century Companies Inc | 308,849 | $12.5M | 0.01% | +47,528+18.2% | Added |
| Banc Funds Co LLC | 337,344 | $13.7M | 1.62% | −57,385−14.5% | Reduced |
| Geode Capital Management, LLC | 362,777 | $14.7M | 0.00% | +14,444+4.1% | Added |
| North Star Asset Management Inc | 363,806 | $14.8M | 0.70% | +2,532+0.7% | Added |
| State Street Corp | 451,956 | $18.3M | 0.00% | −1900.0% | Reduced |
| Renaissance Technologies LLC | 530,913 | $21.5M | 0.04% | +8,100+1.5% | Added |
| Vanguard Group Inc | 837,552 | $34.0M | 0.00% | +32,218+4.0% | Added |
| Dimensional Fund Advisors LP | 1,148,421 | $46.6M | 0.01% | −13,821−1.2% | Reduced |
| BlackRock Inc. | 1,562,417 | $63.4M | 0.00% | +59,132+3.9% | Added |
| Stieven Capital Advisors, L.P. | 0 | $0 | 0.00% | −96,196−100.0% | Sold out |
| Denali Advisors LLC | 0 | $0 | 0.00% | −17,000−100.0% | Sold out |
| Man Group plc | 0 | $0 | 0.00% | −13,058−100.0% | Sold out |
| Sherbrooke Park Advisers LLC | 0 | $0 | 0.00% | −10,088−100.0% | Sold out |
| New York Life Investment Management LLC | 0 | $0 | 0.00% | −9,671−100.0% | Sold out |
| American International Group, Inc. | 0 | $0 | 0.00% | −7,735−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −7,395−100.0% | Sold out |
| Jump Financial, LLC | 0 | $0 | 0.00% | −5,810−100.0% | Sold out |
| MML Investors Services, LLC | 0 | $0 | 0.00% | −5,336−100.0% | Sold out |
| Acadian Asset Management LLC | 0 | $0 | 0.00% | −4,158−100.0% | Sold out |
| Quantbot Technologies LP | 0 | $0 | 0.00% | −2,105−100.0% | Sold out |
| Aquatic Capital Management LLC | 0 | $0 | 0.00% | −1,600−100.0% | Sold out |
| Metropolitan Life Insurance Co | 0 | $0 | 0.00% | −879−100.0% | Sold out |
| First Financial Corp | 0 | $0 | 0.00% | −44−100.0% | Sold out |
| IFP Advisors, Inc | 0 | $0 | 0.00% | −23−100.0% | Sold out |
| Nelson, Van Denburg & Campbell Wealth Management Group, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Credit Suisse AG | – | – | – | – | Not filed |