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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, 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.

Institutional holdersQ3 2024: 161 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 heldQ3 2024: $435.8M
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, Q3 2024

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2024.

Institutions holding MBWM in Q3 2024
InstitutionSharesValue% of portfolioChange in sharesAction
HSBC Holdings PLC7,367$323.4K0.00%−941−11.3%Reduced
First National Bank of Omaha7,286$318.5K0.02%−252−3.3%Reduced
Zacks Investment Management7,250$317.0K0.00%00.0%Unchanged
Janus Henderson Group PLC6,739$294.4K0.00%00.0%Unchanged
Man Group plc6,554$286.5K0.00%+6,554New
ExodusPoint Capital Management, LP6,426$281.0K0.00%+626+10.8%Added
Comerica Bank6,278$274.5K0.00%+123+2.0%Added
HighTower Advisors, LLC6,275$273.0K0.00%+23+0.4%Added
Pitcairn Co6,176$270.0K0.02%−556−8.3%Reduced
Well Done, LLC6,114$267.3K0.05%00.0%Unchanged
Federated Hermes, Inc.6,090$266.3K0.00%+479+8.5%Added
EMC Capital Management9,600$255.0K0.21%+7,723+411.5%Added
Manufacturers Life Insurance Company, The5,770$252.3K0.00%−242−4.0%Reduced
Semanteon Capital Management, LP5,751$251.4K0.17%+528+10.1%Added
D. E. Shaw & Co., Inc.5,463$238.8K0.00%−1,892−25.7%Reduced
Susquehanna International Group, LLP5,458$238.6K0.00%−5,424−49.8%Reduced
Dynamic Advisor Solutions LLC5,342$233.6K0.01%−500−8.6%Reduced
US Bancorp5,340$233.5K0.00%+25+0.5%Added
DekaBank Deutsche Girozentrale5,407$227.0K0.00%00.0%Unchanged
Price T Rowe Associates Inc5,137$225.0K0.00%+154+3.1%Added
626 Financial, LLC4,876$213.2K0.12%+4,876New
New York State Common Retirement Fund4,732$206.9K0.00%−1,400−22.8%Reduced
Y-Intercept (Hong Kong) Ltd4,614$201.7K0.01%+4,614New
Allspring Global Investments Holdings, LLC4,346$190.0K0.00%−3,051−41.2%Reduced
Huntington National Bank3,997$174.7K0.00%00.0%Unchanged
Public Employees Retirement System of Ohio3,573$156.2K0.00%00.0%Unchanged
CWM, LLC3,249$142.0K0.00%+450+16.1%Added
Zurcher Kantonalbank (Zurich Cantonalbank)3,107$135.8K0.00%00.0%Unchanged
Great West Life Assurance Co2,880$126.0K0.00%+127+4.6%Added
Aquatic Capital Management LLC2,500$109.3K0.00%+2,500New
Nisa Investment Advisors, LLC2,375$103.8K0.00%00.0%Unchanged
Tower Research Capital LLC (TRC)2,124$92.9K0.00%−1,925−47.5%Reduced
Quantbot Technologies LP2,031$88.8K0.00%+2,031New
Advisor Group Holdings, Inc.1,972$86.3K0.00%+161+8.9%Added
Oliver Lagore Vanvalin Investment Group1,842$80.5K0.02%00.0%Unchanged
The PNC Financial Services Group, Inc.1,615$70.6K0.00%−137−7.8%Reduced
Ameritas Investment Partners, Inc.1,548$67.7K0.00%00.0%Unchanged
Quadrant Capital Group LLC826$36.1K0.00%+176+27.1%Added
Fifth Third Bancorp755$33.0K0.00%00.0%Unchanged
First Horizon Advisors, Inc.709$31.0K0.00%00.0%Unchanged
Mattson Financial Services, LLC685$27.8K0.01%00.0%Unchanged
Amalgamated Bank528$23.0K0.00%00.0%Unchanged
SRS Capital Advisors, Inc.331$14.5K0.00%00.0%Unchanged
Center for Financial Planning, Inc.283$12.4K0.00%00.0%Unchanged
Umb Bank N A253$11.1K0.00%00.0%Unchanged
Ronald Blue Trust, Inc.191$7.75K0.00%00.0%Unchanged
Capital Performance Advisors LLP175$7.65K0.00%+175New
GAMMA Investing LLC99$4.33K0.00%+36+57.1%Added
Parallel Advisors, LLC94$4.12K0.00%+21+28.8%Added
Private Trust Co NA89$3.89K0.00%00.0%Unchanged
Quest Partners LLC64$2.80K0.00%−594−90.3%Reduced
Lindbrook Capital, LLC62$2.71K0.00%00.0%Unchanged
Signaturefd, LLC61$2.67K0.00%00.0%Unchanged
Global Retirement Partners, LLC52$2.27K0.00%−3−5.5%Reduced
Allworth Financial LP51$2.23K0.00%+43+537.5%Added
Principal Securities, Inc.45$1.97K0.00%00.0%Unchanged
Covestor Ltd19$1.00K0.00%+9+90.0%Added
Rothschild Investment LLC20$8740.00%+15+300.0%Added
Proequities, Inc.16$6990.00%−3−15.8%Reduced
Smartleaf Asset Management LLC5$2120.00%−17−77.3%Reduced
TFC Financial Management1$440.00%+1New
Oberweis Asset Management Inc0$00.00%−89,891−100.0%Sold out
Hillsdale Investment Management Inc.0$00.00%−72,146−100.0%Sold out
Assenagon Asset Management S.A.0$00.00%−46,551−100.0%Sold out
Martingale Asset Management L P0$00.00%−6,100−100.0%Sold out
Truist Financial Corp0$00.00%−5,414−100.0%Sold out
SWS Partners0$00.00%−1,311−100.0%Sold out
EntryPoint Capital, LLC0$00.00%−1,234−100.0%Sold out
Voisard Asset Management Group, Inc.0$00.00%−944−100.0%Sold out
CIBC Private Wealth Group, LLC0$00.00%−983−100.0%Sold out
Gradient Investments LLC0$00.00%−685−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−575−100.0%Sold out
Raffa Wealth Management, LLC0$00.00%−268−100.0%Sold out
Innealta Capital, LLC0$00.00%−4−100.0%Sold out
BlackRock Inc.––––Not filed
Susquehanna Fundamental Investments, LLC––––Not filed