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, 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| TFC Financial Management | 1 | $44 | 0.00% | +1 | New |
| Smartleaf Asset Management LLC | 5 | $212 | 0.00% | −17−77.3% | Reduced |
| Proequities, Inc. | 16 | $699 | 0.00% | −3−15.8% | Reduced |
| Rothschild Investment LLC | 20 | $874 | 0.00% | +15+300.0% | Added |
| Covestor Ltd | 19 | $1.00K | 0.00% | +9+90.0% | Added |
| Principal Securities, Inc. | 45 | $1.97K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 51 | $2.23K | 0.00% | +43+537.5% | Added |
| Global Retirement Partners, LLC | 52 | $2.27K | 0.00% | −3−5.5% | Reduced |
| Signaturefd, LLC | 61 | $2.67K | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 62 | $2.71K | 0.00% | 00.0% | Unchanged |
| Quest Partners LLC | 64 | $2.80K | 0.00% | −594−90.3% | Reduced |
| Private Trust Co NA | 89 | $3.89K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 94 | $4.12K | 0.00% | +21+28.8% | Added |
| GAMMA Investing LLC | 99 | $4.33K | 0.00% | +36+57.1% | Added |
| Capital Performance Advisors LLP | 175 | $7.65K | 0.00% | +175 | New |
| Ronald Blue Trust, Inc. | 191 | $7.75K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 253 | $11.1K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $12.4K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 331 | $14.5K | 0.00% | 00.0% | Unchanged |
| Amalgamated Bank | 528 | $23.0K | 0.00% | 00.0% | Unchanged |
| Mattson Financial Services, LLC | 685 | $27.8K | 0.01% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 709 | $31.0K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 755 | $33.0K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 826 | $36.1K | 0.00% | +176+27.1% | Added |
| Ameritas Investment Partners, Inc. | 1,548 | $67.7K | 0.00% | 00.0% | Unchanged |
| The PNC Financial Services Group, Inc. | 1,615 | $70.6K | 0.00% | −137−7.8% | Reduced |
| Oliver Lagore Vanvalin Investment Group | 1,842 | $80.5K | 0.02% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 1,972 | $86.3K | 0.00% | +161+8.9% | Added |
| Quantbot Technologies LP | 2,031 | $88.8K | 0.00% | +2,031 | New |
| Tower Research Capital LLC (TRC) | 2,124 | $92.9K | 0.00% | −1,925−47.5% | Reduced |
| Nisa Investment Advisors, LLC | 2,375 | $103.8K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 2,500 | $109.3K | 0.00% | +2,500 | New |
| Great West Life Assurance Co | 2,880 | $126.0K | 0.00% | +127+4.6% | Added |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $135.8K | 0.00% | 00.0% | Unchanged |
| CWM, LLC | 3,249 | $142.0K | 0.00% | +450+16.1% | Added |
| Public Employees Retirement System of Ohio | 3,573 | $156.2K | 0.00% | 00.0% | Unchanged |
| Huntington National Bank | 3,997 | $174.7K | 0.00% | 00.0% | Unchanged |
| Allspring Global Investments Holdings, LLC | 4,346 | $190.0K | 0.00% | −3,051−41.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 4,614 | $201.7K | 0.01% | +4,614 | New |
| New York State Common Retirement Fund | 4,732 | $206.9K | 0.00% | −1,400−22.8% | Reduced |
| 626 Financial, LLC | 4,876 | $213.2K | 0.12% | +4,876 | New |
| Price T Rowe Associates Inc | 5,137 | $225.0K | 0.00% | +154+3.1% | Added |
| DekaBank Deutsche Girozentrale | 5,407 | $227.0K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 5,340 | $233.5K | 0.00% | +25+0.5% | Added |
| Dynamic Advisor Solutions LLC | 5,342 | $233.6K | 0.01% | −500−8.6% | Reduced |
| Susquehanna International Group, LLP | 5,458 | $238.6K | 0.00% | −5,424−49.8% | Reduced |
| D. E. Shaw & Co., Inc. | 5,463 | $238.8K | 0.00% | −1,892−25.7% | Reduced |
| Semanteon Capital Management, LP | 5,751 | $251.4K | 0.17% | +528+10.1% | Added |
| Manufacturers Life Insurance Company, The | 5,770 | $252.3K | 0.00% | −242−4.0% | Reduced |
| EMC Capital Management | 9,600 | $255.0K | 0.21% | +7,723+411.5% | Added |
| Federated Hermes, Inc. | 6,090 | $266.3K | 0.00% | +479+8.5% | Added |
| Well Done, LLC | 6,114 | $267.3K | 0.05% | 00.0% | Unchanged |
| Pitcairn Co | 6,176 | $270.0K | 0.02% | −556−8.3% | Reduced |
| HighTower Advisors, LLC | 6,275 | $273.0K | 0.00% | +23+0.4% | Added |
| Comerica Bank | 6,278 | $274.5K | 0.00% | +123+2.0% | Added |
| ExodusPoint Capital Management, LP | 6,426 | $281.0K | 0.00% | +626+10.8% | Added |
| Man Group plc | 6,554 | $286.5K | 0.00% | +6,554 | New |
| Janus Henderson Group PLC | 6,739 | $294.4K | 0.00% | 00.0% | Unchanged |
| Zacks Investment Management | 7,250 | $317.0K | 0.00% | 00.0% | Unchanged |
| First National Bank of Omaha | 7,286 | $318.5K | 0.02% | −252−3.3% | Reduced |
| HSBC Holdings PLC | 7,367 | $323.4K | 0.00% | −941−11.3% | Reduced |
| BNP Paribas Arbitrage, SA | 7,402 | $323.6K | 0.00% | +3,235+77.6% | Added |
| HRT Financial LP | 7,679 | $335.0K | 0.00% | +7,679 | New |
| Alps Advisors Inc | 8,028 | $351.0K | 0.00% | −1,365−14.5% | Reduced |
| Credit Agricole S A | 8,173 | $357.3K | 0.00% | +8,173 | New |
| Corebridge Financial, Inc. | 8,434 | $368.7K | 0.00% | −53−0.6% | Reduced |
| Citadel Advisors LLC | 8,551 | $373.9K | 0.00% | +8,551 | New |
| Principal Financial Group Inc | 8,611 | $376.5K | 0.00% | +304+3.7% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 8,665 | $378.8K | 0.00% | +530+6.5% | Added |
| State of Tennessee, Treasury Department | 8,732 | $381.8K | 0.00% | 00.0% | Unchanged |
| Sterling Capital Management LLC | 8,896 | $388.9K | 0.01% | +8,896 | New |
| Gsa Capital Partners LLP | 9,123 | $399.0K | 0.03% | −5,149−36.1% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $401.7K | 0.02% | 00.0% | Unchanged |
| LPL Financial LLC | 9,219 | $403.1K | 0.00% | +562+6.5% | Added |
| MetLife Investment Management | 9,276 | $405.5K | 0.00% | 00.0% | Unchanged |
| CWM Advisors, LLC | 9,403 | $411.1K | 0.04% | −20,417−68.5% | Reduced |
| First Trust Advisors LP | 9,763 | $426.8K | 0.00% | −37,557−79.4% | Reduced |
| Voya Investment Management LLC | 9,904 | $433.0K | 0.00% | −99−1.0% | Reduced |
| Lazard Asset Management LLC | 10,020 | $437.0K | 0.00% | −1,115−10.0% | Reduced |
| Franklin Resources Inc | 10,123 | $439.3K | 0.00% | +1,154+12.9% | Added |
| Balyasny Asset Management LLC | 10,654 | $465.8K | 0.00% | +10,654 | New |
| Deutsche Bank AG | 11,175 | $488.6K | 0.00% | +2,147+23.8% | Added |
| Janney Montgomery Scott LLC | 11,434 | $500.0K | 0.00% | −103−0.9% | Reduced |
| Trust Point Inc. | 11,636 | $508.7K | 0.04% | +1,523+15.1% | Added |
| UBS Group AG | 11,967 | $523.2K | 0.00% | +1,239+11.5% | Added |
| State of Wisconsin Investment Board | 12,211 | $533.9K | 0.00% | +1,100+9.9% | Added |
| SG Americas Securities, LLC | 12,216 | $534.0K | 0.00% | +2,996+32.5% | Added |
| FMR LLC | 13,356 | $583.9K | 0.00% | +6,531+95.7% | Added |
| Rafferty Asset Management, LLC | 13,461 | $588.5K | 0.00% | −8,245−38.0% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $590.2K | 0.04% | 00.0% | Unchanged |
| Russell Investments Group, Ltd. | 13,625 | $595.7K | 0.00% | +2,500+22.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 13,709 | $599.4K | 0.03% | −488−3.4% | Reduced |
| Shakespeare Wealth Management, Inc. | 13,753 | $601.3K | 0.16% | 00.0% | Unchanged |
| STRS Ohio | 13,800 | $603.3K | 0.00% | 00.0% | Unchanged |
| Two Sigma Advisers, LP | 13,984 | $611.4K | 0.00% | −8,100−36.7% | Reduced |
| Cornercap Investment Counsel Inc | 14,206 | $621.1K | 0.18% | −14,985−51.3% | Reduced |
| California State Teachers Retirement System | 14,514 | $634.6K | 0.00% | −1,182−7.5% | Reduced |
| Wedge Capital Management L L P | 14,537 | $635.6K | 0.01% | −3,044−17.3% | Reduced |
| Alliancebernstein L.P. | 15,241 | $666.3K | 0.00% | 00.0% | Unchanged |
| Legal & General Group Plc | 15,566 | $680.5K | 0.00% | +1,553+11.1% | Added |