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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.

Institutional holdersQ2 2024: 162 institutions
Q1 2021: 116 institutionsQ2 2021: 112 institutionsQ3 2021: 116 institutionsQ4 2021: 120 institutionsQ1 2022: 122 institutionsQ2 2022: 129 institutionsQ3 2022: 125 institutionsQ4 2022: 130 institutionsQ1 2023: 128 institutionsQ2 2023: 118 institutionsQ3 2023: 133 institutionsQ4 2023: 141 institutionsQ1 2024: 155 institutionsQ2 2024: 162 institutionsQ3 2024: 161 institutionsQ4 2024: 178 institutionsQ1 2025: 194 institutionsQ2 2025: 196 institutionsQ3 2025: 200 institutionsQ4 2025: 192 institutionsQ1 2026: 201 institutionsQ2 2026: 206 institutions
Value heldQ2 2024: $399.1M
Q1 2021: $288.4MQ2 2021: $259.9MQ3 2021: $268.9MQ4 2021: $296.9MQ1 2022: $307.7MQ2 2022: $283.0MQ3 2022: $261.6MQ4 2022: $300.2MQ1 2023: $278.0MQ2 2023: $250.1MQ3 2023: $283.3MQ4 2023: $381.4MQ1 2024: $372.3MQ2 2024: $399.1MQ3 2024: $435.8MQ4 2024: $457.6MQ1 2025: $452.3MQ2 2025: $484.0MQ3 2025: $477.7MQ4 2025: $514.8MQ1 2026: $590.5MQ2 2026: $691.0M
Institutions holding MBWM and their total value by quarter
QuarterHoldersValue
Q2 2026206$691.0M
Q1 2026201$590.5M
Q4 2025192$514.8M
Q3 2025200$477.7M
Q2 2025196$484.0M
Q1 2025194$452.3M
Q4 2024178$457.6M
Q3 2024161$435.8M
Q2 2024162$399.1M
Q1 2024155$372.3M
Q4 2023141$381.4M
Q3 2023133$283.3M
Q2 2023118$250.1M
Q1 2023128$278.0M
Q4 2022130$300.2M
Q3 2022125$261.6M
Q2 2022129$283.0M
Q1 2022122$307.7M
Q4 2021120$296.9M
Q3 2021116$268.9M
Q2 2021112$259.9M
Q1 2021116$288.4M

Institutions, Q2 2024

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2024.

Institutions holding MBWM in Q2 2024
InstitutionSharesValue% of portfolioChange in sharesAction
D. E. Shaw & Co., Inc.7,355$298.4K0.00%+7,355New
Zacks Investment Management7,250$294.1K0.00%−665−8.4%Reduced
FMR LLC6,825$276.9K0.00%+443+6.9%Added
Pitcairn Co6,732$273.1K0.02%+539+8.7%Added
Janus Henderson Group PLC6,739$272.4K0.00%−80−1.2%Reduced
HighTower Advisors, LLC6,252$254.0K0.00%+28+0.4%Added
Comerica Bank6,155$249.7K0.00%−139−2.2%Reduced
New York State Common Retirement Fund6,132$248.8K0.00%−10.0%Reduced
Well Done, LLC6,114$248.0K0.05%−10−0.2%Reduced
Martingale Asset Management L P6,100$247.5K0.01%00.0%Unchanged
Manufacturers Life Insurance Company, The6,012$243.9K0.00%−97−1.6%Reduced
Dynamic Advisor Solutions LLC5,842$237.0K0.01%00.0%Unchanged
ExodusPoint Capital Management, LP5,800$235.0K0.00%+5,800New
Federated Hermes, Inc.5,611$227.6K0.00%+823+17.2%Added
Truist Financial Corp5,414$219.6K0.00%−16−0.3%Reduced
US Bancorp5,315$215.6K0.00%−8−0.2%Reduced
DekaBank Deutsche Girozentrale5,407$212.0K0.00%00.0%Unchanged
Semanteon Capital Management, LP5,223$211.9K0.15%−2,280−30.4%Reduced
Price T Rowe Associates Inc4,983$203.0K0.00%+4,983New
BNP Paribas Arbitrage, SA4,167$169.1K0.00%−4,278−50.7%Reduced
Tower Research Capital LLC (TRC)4,049$164.3K0.00%+3,926+3,191.9%Added
Huntington National Bank3,997$162.2K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio3,573$145.0K0.00%−216−5.7%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)3,107$126.1K0.00%00.0%Unchanged
CWM, LLC2,799$114.0K0.00%+1,982+242.6%Added
Great West Life Assurance Co2,753$111.0K0.00%−14−0.5%Reduced
Nisa Investment Advisors, LLC2,375$96.4K0.00%00.0%Unchanged
EMC Capital Management1,877$76.0K0.04%00.0%Unchanged
Oliver Lagore Vanvalin Investment Group1,842$74.7K0.02%−280−13.2%Reduced
Advisor Group Holdings, Inc.1,811$73.6K0.00%−2,457−57.6%Reduced
The PNC Financial Services Group, Inc.1,752$71.1K0.00%−2,056−54.0%Reduced
Ameritas Investment Partners, Inc.1,548$62.8K0.00%00.0%Unchanged
SWS Partners1,311$53.2K0.02%+1,311New
EntryPoint Capital, LLC1,234$50.1K0.02%+1,223+11,118.2%Added
Voisard Asset Management Group, Inc.944$38.3K0.02%00.0%Unchanged
CIBC Private Wealth Group, LLC983$38.1K0.00%+983New
Fifth Third Bancorp755$30.6K0.00%−694−47.9%Reduced
First Horizon Advisors, Inc.709$28.8K0.00%00.0%Unchanged
Gradient Investments LLC685$27.8K0.00%+685New
Mattson Financial Services, LLC685$27.8K0.01%+685New
Quest Partners LLC658$26.7K0.00%−1,631−71.3%Reduced
Quadrant Capital Group LLC650$26.4K0.00%−71−9.8%Reduced
Northwestern Mutual Wealth Management Co575$23.3K0.00%+575New
Amalgamated Bank528$21.0K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.331$13.4K0.00%+331New
Center for Financial Planning, Inc.283$11.5K0.00%00.0%Unchanged
Raffa Wealth Management, LLC268$10.9K0.00%00.0%Unchanged
Umb Bank N A253$10.3K0.00%−24−8.7%Reduced
Ronald Blue Trust, Inc.191$7.35K0.00%00.0%Unchanged
Private Trust Co NA89$3.61K0.00%00.0%Unchanged
Parallel Advisors, LLC73$2.96K0.00%−8−9.9%Reduced
GAMMA Investing LLC63$2.56K0.00%+11+21.2%Added
Lindbrook Capital, LLC62$2.52K0.00%+44+244.4%Added
Signaturefd, LLC61$2.48K0.00%−122−66.7%Reduced
Global Retirement Partners, LLC55$2.23K0.00%+55New
Principal Securities, Inc.45$1.83K0.00%00.0%Unchanged
Smartleaf Asset Management LLC22$8690.00%+22New
Proequities, Inc.19$7700.00%−2−9.5%Reduced
Allworth Financial LP8$3840.00%+8New
Rothschild Investment LLC5$2030.00%+5New
Innealta Capital, LLC4$1630.00%+4New
Covestor Ltd10$00.00%−3−23.1%Reduced
Stieven Capital Advisors, L.P.0$00.00%−96,196−100.0%Sold out
Denali Advisors LLC0$00.00%−17,000−100.0%Sold out
Man Group plc0$00.00%−13,058−100.0%Sold out
Sherbrooke Park Advisers LLC0$00.00%−10,088−100.0%Sold out
New York Life Investment Management LLC0$00.00%−9,671−100.0%Sold out
American International Group, Inc.0$00.00%−7,735−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−7,395−100.0%Sold out
Jump Financial, LLC0$00.00%−5,810−100.0%Sold out
MML Investors Services, LLC0$00.00%−5,336−100.0%Sold out
Acadian Asset Management LLC0$00.00%−4,158−100.0%Sold out
Quantbot Technologies LP0$00.00%−2,105−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−1,600−100.0%Sold out
Metropolitan Life Insurance Co0$00.00%−879−100.0%Sold out
First Financial Corp0$00.00%−44−100.0%Sold out
IFP Advisors, Inc0$00.00%−23−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−2−100.0%Sold out
Credit Suisse AG––––Not filed