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, Q3 2024
Institutional positions in Mercantile Bank Corp as of Sep 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
- 161
- +1 vs. Q2 2024
- Shares held
- 9.98M
- +1.71M (+20.7%) vs. Q2 2024
- Total value
- $435.8M
- +$100.4M (+29.9%) vs. Q2 2024
- New holders
- 14
- 61 more added
- Sold out
- 13
- 50 more reduced
2 institutions that held it in Q2 2024 haven't filed for Q3 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2024
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,602,909 | $70.1M | 0.00% | +1,602,909 | New |
| Dimensional Fund Advisors LP | 1,137,354 | $49.7M | 0.01% | −11,067−1.0% | Reduced |
| Vanguard Group Inc | 867,525 | $37.9M | 0.00% | +29,973+3.6% | Added |
| Renaissance Technologies LLC | 543,586 | $23.8M | 0.04% | +12,673+2.4% | Added |
| State Street Corp | 438,524 | $19.2M | 0.00% | −13,432−3.0% | Reduced |
| Geode Capital Management, LLC | 376,979 | $16.5M | 0.00% | +14,202+3.9% | Added |
| North Star Asset Management Inc | 362,759 | $15.9M | 0.71% | −1,047−0.3% | Reduced |
| American Century Companies Inc | 360,344 | $15.8M | 0.01% | +51,495+16.7% | Added |
| Banc Funds Co LLC | 305,847 | $13.4M | 1.45% | −31,497−9.3% | Reduced |
| LSV Asset Management | 276,629 | $12.1M | 0.03% | +16,500+6.3% | Added |
| Tributary Capital Management, LLC | 247,432 | $10.8M | 0.84% | −1,048−0.4% | Reduced |
| Charles Schwab Investment Management Inc | 196,324 | $8.58M | 0.00% | +8,413+4.5% | Added |
| Northern Trust Corp | 179,999 | $7.87M | 0.00% | +1,650+0.9% | Added |
| ProShare Advisors LLC | 165,396 | $7.23M | 0.02% | +165,396 | New |
| Goldman Sachs Group Inc | 113,702 | $4.97M | 0.00% | +43,828+62.7% | Added |
| Allianz Asset Management GmbH | 113,605 | $4.97M | 0.01% | −4,770−4.0% | Reduced |
| Bank of New York Mellon Corp | 110,688 | $4.84M | 0.00% | −10,001−8.3% | Reduced |
| Segall Bryant & Hamill, LLC | 110,482 | $4.83M | 0.07% | −14,439−11.6% | Reduced |
| Mercer Global Advisors Inc | 112,377 | $4.71M | 0.01% | 00.0% | Unchanged |
| Morgan Stanley | 105,808 | $4.63M | 0.00% | +17,410+19.7% | Added |
| Bridgeway Capital Management, LLC | 100,117 | $4.38M | 0.09% | +2,680+2.8% | Added |
| Millennium Management LLC | 86,218 | $3.77M | 0.00% | +29,080+50.9% | Added |
| AQR Capital Management LLC | 83,025 | $3.63M | 0.01% | −91,330−52.4% | Reduced |
| JPMorgan Chase & Co | 82,357 | $3.60M | 0.00% | +21,411+35.1% | Added |
| Hotchkis & Wiley Capital Management LLC | 75,720 | $3.31M | 0.01% | +400+0.5% | Added |
| Arrowstreet Capital, Limited Partnership | 65,929 | $2.88M | 0.00% | +6,756+11.4% | Added |
| Royal Bank of Canada | 63,139 | $2.76M | 0.00% | −6,408−9.2% | Reduced |
| jvl associates llc | 62,029 | $2.71M | 1.05% | +140.0% | Added |
| De Lisle Partners LLP | 55,310 | $2.42M | 0.39% | +17,649+46.9% | Added |
| Empowered Funds, LLC | 52,817 | $2.31M | 0.04% | +2,680+5.3% | Added |
| Qube Research & Technologies Ltd | 46,147 | $2.02M | 0.00% | +23,865+107.1% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.97M | 1.97% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 40,807 | $1.78M | 0.00% | +667+1.7% | Added |
| Envestnet Asset Management Inc | 40,557 | $1.77M | 0.00% | −2,864−6.6% | Reduced |
| Brandywine Global Investment Management, LLC | 40,559 | $1.76M | 0.01% | −1,103−2.6% | Reduced |
| Nuveen Asset Management, LLC | 39,891 | $1.74M | 0.00% | 00.0% | Unchanged |
| Invesco Ltd. | 38,635 | $1.69M | 0.00% | −8,156−17.4% | Reduced |
| Bank of America Corp | 37,227 | $1.63M | 0.00% | −7,292−16.4% | Reduced |
| LaFleur & Godfrey LLC | 35,571 | $1.56M | 0.21% | +60.0% | Added |
| Tudor Investment Corp Et Al | 35,202 | $1.54M | 0.02% | +24,538+230.1% | Added |
| Wells Fargo & Company | 33,755 | $1.48M | 0.00% | +231+0.7% | Added |
| Barclays PLC | 32,981 | $1.44M | 0.00% | +16,423+99.2% | Added |
| Pathstone Holdings, LLC | 31,754 | $1.39M | 0.01% | −248−0.8% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 31,301 | $1.37M | 0.01% | +14,263+83.7% | Added |
| Swiss National Bank | 29,900 | $1.31M | 0.00% | −1,700−5.4% | Reduced |
| Jane Street Group, LLC | 29,622 | $1.30M | 0.00% | +16,115+119.3% | Added |
| Two Sigma Investments, LP | 27,036 | $1.18M | 0.00% | +3,869+16.7% | Added |
| Teacher Retirement System of Texas | 25,944 | $1.13M | 0.01% | +9,675+59.5% | Added |
| Ameriprise Financial Inc | 24,215 | $1.06M | 0.00% | 00.0% | Unchanged |
| Rhumbline Advisers | 23,987 | $1.05M | 0.00% | −1,334−5.3% | Reduced |
| ClariVest Asset Management LLC | 24,250 | $983.8K | 0.10% | 00.0% | Unchanged |
| Buckingham Strategic Partners | 22,207 | $970.9K | 0.02% | −10.0% | Reduced |
| Los Angeles Capital Management LLC | 21,516 | $940.7K | 0.00% | +200+0.9% | Added |
| Cerity Partners LLC | 21,451 | $937.8K | 0.00% | +12,239+132.9% | Added |
| Round Hill Asset Management | 19,407 | $848.5K | 0.56% | 00.0% | Unchanged |
| Citigroup Inc | 19,150 | $837.2K | 0.00% | +2,345+14.0% | Added |
| Creative Planning | 18,907 | $826.6K | 0.00% | +4,336+29.8% | Added |
| Baird Financial Group, Inc. | 17,865 | $781.1K | 0.00% | −3,000−14.4% | Reduced |
| UBS Asset Management Americas Inc | 17,527 | $766.3K | 0.00% | −7,195−29.1% | Reduced |
| Jacobs Levy Equity Management, Inc | 17,279 | $755.4K | 0.00% | −167−1.0% | Reduced |
| Victory Capital Management Inc | 17,140 | $749.4K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 15,566 | $680.5K | 0.00% | +1,553+11.1% | Added |
| Alliancebernstein L.P. | 15,241 | $666.3K | 0.00% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 14,537 | $635.6K | 0.01% | −3,044−17.3% | Reduced |
| California State Teachers Retirement System | 14,514 | $634.6K | 0.00% | −1,182−7.5% | Reduced |
| Cornercap Investment Counsel Inc | 14,206 | $621.1K | 0.18% | −14,985−51.3% | Reduced |
| Two Sigma Advisers, LP | 13,984 | $611.4K | 0.00% | −8,100−36.7% | Reduced |
| STRS Ohio | 13,800 | $603.3K | 0.00% | 00.0% | Unchanged |
| Shakespeare Wealth Management, Inc. | 13,753 | $601.3K | 0.16% | 00.0% | Unchanged |
| Hennion & Walsh Asset Management, Inc. | 13,709 | $599.4K | 0.03% | −488−3.4% | Reduced |
| Russell Investments Group, Ltd. | 13,625 | $595.7K | 0.00% | +2,500+22.5% | Added |
| Regal Investment Advisors LLC | 13,500 | $590.2K | 0.04% | 00.0% | Unchanged |
| Rafferty Asset Management, LLC | 13,461 | $588.5K | 0.00% | −8,245−38.0% | Reduced |
| FMR LLC | 13,356 | $583.9K | 0.00% | +6,531+95.7% | Added |
| SG Americas Securities, LLC | 12,216 | $534.0K | 0.00% | +2,996+32.5% | Added |
| State of Wisconsin Investment Board | 12,211 | $533.9K | 0.00% | +1,100+9.9% | Added |
| UBS Group AG | 11,967 | $523.2K | 0.00% | +1,239+11.5% | Added |
| Trust Point Inc. | 11,636 | $508.7K | 0.04% | +1,523+15.1% | Added |
| Janney Montgomery Scott LLC | 11,434 | $500.0K | 0.00% | −103−0.9% | Reduced |
| Deutsche Bank AG | 11,175 | $488.6K | 0.00% | +2,147+23.8% | Added |
| Balyasny Asset Management LLC | 10,654 | $465.8K | 0.00% | +10,654 | New |
| Franklin Resources Inc | 10,123 | $439.3K | 0.00% | +1,154+12.9% | Added |
| Lazard Asset Management LLC | 10,020 | $437.0K | 0.00% | −1,115−10.0% | Reduced |
| Voya Investment Management LLC | 9,904 | $433.0K | 0.00% | −99−1.0% | Reduced |
| First Trust Advisors LP | 9,763 | $426.8K | 0.00% | −37,557−79.4% | Reduced |
| CWM Advisors, LLC | 9,403 | $411.1K | 0.04% | −20,417−68.5% | Reduced |
| MetLife Investment Management | 9,276 | $405.5K | 0.00% | 00.0% | Unchanged |
| LPL Financial LLC | 9,219 | $403.1K | 0.00% | +562+6.5% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $401.7K | 0.02% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 9,123 | $399.0K | 0.03% | −5,149−36.1% | Reduced |
| Sterling Capital Management LLC | 8,896 | $388.9K | 0.01% | +8,896 | New |
| State of Tennessee, Treasury Department | 8,732 | $381.8K | 0.00% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 8,665 | $378.8K | 0.00% | +530+6.5% | Added |
| Principal Financial Group Inc | 8,611 | $376.5K | 0.00% | +304+3.7% | Added |
| Citadel Advisors LLC | 8,551 | $373.9K | 0.00% | +8,551 | New |
| Corebridge Financial, Inc. | 8,434 | $368.7K | 0.00% | −53−0.6% | Reduced |
| Credit Agricole S A | 8,173 | $357.3K | 0.00% | +8,173 | New |
| Alps Advisors Inc | 8,028 | $351.0K | 0.00% | −1,365−14.5% | Reduced |
| HRT Financial LP | 7,679 | $335.0K | 0.00% | +7,679 | New |
| BNP Paribas Arbitrage, SA | 7,402 | $323.6K | 0.00% | +3,235+77.6% | Added |