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 |
|---|---|---|---|---|---|
| Victory Capital Management Inc | 17,140 | $749.4K | 0.00% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 17,279 | $755.4K | 0.00% | −167−1.0% | Reduced |
| UBS Asset Management Americas Inc | 17,527 | $766.3K | 0.00% | −7,195−29.1% | Reduced |
| Baird Financial Group, Inc. | 17,865 | $781.1K | 0.00% | −3,000−14.4% | Reduced |
| Creative Planning | 18,907 | $826.6K | 0.00% | +4,336+29.8% | Added |
| Citigroup Inc | 19,150 | $837.2K | 0.00% | +2,345+14.0% | Added |
| Round Hill Asset Management | 19,407 | $848.5K | 0.56% | 00.0% | Unchanged |
| Cerity Partners LLC | 21,451 | $937.8K | 0.00% | +12,239+132.9% | Added |
| Los Angeles Capital Management LLC | 21,516 | $940.7K | 0.00% | +200+0.9% | Added |
| Buckingham Strategic Partners | 22,207 | $970.9K | 0.02% | −10.0% | Reduced |
| ClariVest Asset Management LLC | 24,250 | $983.8K | 0.10% | 00.0% | Unchanged |
| Rhumbline Advisers | 23,987 | $1.05M | 0.00% | −1,334−5.3% | Reduced |
| Ameriprise Financial Inc | 24,215 | $1.06M | 0.00% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 25,944 | $1.13M | 0.01% | +9,675+59.5% | Added |
| Two Sigma Investments, LP | 27,036 | $1.18M | 0.00% | +3,869+16.7% | Added |
| Jane Street Group, LLC | 29,622 | $1.30M | 0.00% | +16,115+119.3% | Added |
| Swiss National Bank | 29,900 | $1.31M | 0.00% | −1,700−5.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 31,301 | $1.37M | 0.01% | +14,263+83.7% | Added |
| Pathstone Holdings, LLC | 31,754 | $1.39M | 0.01% | −248−0.8% | Reduced |
| Barclays PLC | 32,981 | $1.44M | 0.00% | +16,423+99.2% | Added |
| Wells Fargo & Company | 33,755 | $1.48M | 0.00% | +231+0.7% | Added |
| Tudor Investment Corp Et Al | 35,202 | $1.54M | 0.02% | +24,538+230.1% | Added |
| LaFleur & Godfrey LLC | 35,571 | $1.56M | 0.21% | +60.0% | Added |
| Bank of America Corp | 37,227 | $1.63M | 0.00% | −7,292−16.4% | Reduced |
| Invesco Ltd. | 38,635 | $1.69M | 0.00% | −8,156−17.4% | Reduced |
| Nuveen Asset Management, LLC | 39,891 | $1.74M | 0.00% | 00.0% | Unchanged |
| Brandywine Global Investment Management, LLC | 40,559 | $1.76M | 0.01% | −1,103−2.6% | Reduced |
| Envestnet Asset Management Inc | 40,557 | $1.77M | 0.00% | −2,864−6.6% | Reduced |
| Thrivent Financial for Lutherans | 40,807 | $1.78M | 0.00% | +667+1.7% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.97M | 1.97% | 00.0% | Unchanged |
| Qube Research & Technologies Ltd | 46,147 | $2.02M | 0.00% | +23,865+107.1% | Added |
| Empowered Funds, LLC | 52,817 | $2.31M | 0.04% | +2,680+5.3% | Added |
| De Lisle Partners LLP | 55,310 | $2.42M | 0.39% | +17,649+46.9% | Added |
| jvl associates llc | 62,029 | $2.71M | 1.05% | +140.0% | Added |
| Royal Bank of Canada | 63,139 | $2.76M | 0.00% | −6,408−9.2% | Reduced |
| Arrowstreet Capital, Limited Partnership | 65,929 | $2.88M | 0.00% | +6,756+11.4% | Added |
| Hotchkis & Wiley Capital Management LLC | 75,720 | $3.31M | 0.01% | +400+0.5% | Added |
| JPMorgan Chase & Co | 82,357 | $3.60M | 0.00% | +21,411+35.1% | Added |
| AQR Capital Management LLC | 83,025 | $3.63M | 0.01% | −91,330−52.4% | Reduced |
| Millennium Management LLC | 86,218 | $3.77M | 0.00% | +29,080+50.9% | Added |
| Bridgeway Capital Management, LLC | 100,117 | $4.38M | 0.09% | +2,680+2.8% | Added |
| Morgan Stanley | 105,808 | $4.63M | 0.00% | +17,410+19.7% | Added |
| Mercer Global Advisors Inc | 112,377 | $4.71M | 0.01% | 00.0% | Unchanged |
| Segall Bryant & Hamill, LLC | 110,482 | $4.83M | 0.07% | −14,439−11.6% | Reduced |
| Bank of New York Mellon Corp | 110,688 | $4.84M | 0.00% | −10,001−8.3% | Reduced |
| Allianz Asset Management GmbH | 113,605 | $4.97M | 0.01% | −4,770−4.0% | Reduced |
| Goldman Sachs Group Inc | 113,702 | $4.97M | 0.00% | +43,828+62.7% | Added |
| ProShare Advisors LLC | 165,396 | $7.23M | 0.02% | +165,396 | New |
| Northern Trust Corp | 179,999 | $7.87M | 0.00% | +1,650+0.9% | Added |
| Charles Schwab Investment Management Inc | 196,324 | $8.58M | 0.00% | +8,413+4.5% | Added |
| Tributary Capital Management, LLC | 247,432 | $10.8M | 0.84% | −1,048−0.4% | Reduced |
| LSV Asset Management | 276,629 | $12.1M | 0.03% | +16,500+6.3% | Added |
| Banc Funds Co LLC | 305,847 | $13.4M | 1.45% | −31,497−9.3% | Reduced |
| American Century Companies Inc | 360,344 | $15.8M | 0.01% | +51,495+16.7% | Added |
| North Star Asset Management Inc | 362,759 | $15.9M | 0.71% | −1,047−0.3% | Reduced |
| Geode Capital Management, LLC | 376,979 | $16.5M | 0.00% | +14,202+3.9% | Added |
| State Street Corp | 438,524 | $19.2M | 0.00% | −13,432−3.0% | Reduced |
| Renaissance Technologies LLC | 543,586 | $23.8M | 0.04% | +12,673+2.4% | Added |
| Vanguard Group Inc | 867,525 | $37.9M | 0.00% | +29,973+3.6% | Added |
| Dimensional Fund Advisors LP | 1,137,354 | $49.7M | 0.01% | −11,067−1.0% | Reduced |
| BlackRock, Inc. | 1,602,909 | $70.1M | 0.00% | +1,602,909 | New |
| Oberweis Asset Management Inc | 0 | $0 | 0.00% | −89,891−100.0% | Sold out |
| Hillsdale Investment Management Inc. | 0 | $0 | 0.00% | −72,146−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −46,551−100.0% | Sold out |
| Martingale Asset Management L P | 0 | $0 | 0.00% | −6,100−100.0% | Sold out |
| Truist Financial Corp | 0 | $0 | 0.00% | −5,414−100.0% | Sold out |
| SWS Partners | 0 | $0 | 0.00% | −1,311−100.0% | Sold out |
| EntryPoint Capital, LLC | 0 | $0 | 0.00% | −1,234−100.0% | Sold out |
| Voisard Asset Management Group, Inc. | 0 | $0 | 0.00% | −944−100.0% | Sold out |
| CIBC Private Wealth Group, LLC | 0 | $0 | 0.00% | −983−100.0% | Sold out |
| Gradient Investments LLC | 0 | $0 | 0.00% | −685−100.0% | Sold out |
| Northwestern Mutual Wealth Management Co | 0 | $0 | 0.00% | −575−100.0% | Sold out |
| Raffa Wealth Management, LLC | 0 | $0 | 0.00% | −268−100.0% | Sold out |
| Innealta Capital, LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| BlackRock Inc. | – | – | – | – | Not filed |
| Susquehanna Fundamental Investments, LLC | – | – | – | – | Not filed |