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, Q4 2024
Institutional positions in Mercantile Bank Corp as of Dec 31, 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
- 178
- +18 vs. Q3 2024
- Shares held
- 10.3M
- +250.9K (+2.5%) vs. Q3 2024
- Total value
- $457.6M
- +$19.3M (+4.4%) vs. Q3 2024
- New holders
- 27
- 73 more added
- Sold out
- 9
- 46 more reduced
1 institution that held it in Q3 2024 haven't filed for Q4 2024 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2024
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q3 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,615,433 | $71.9M | 0.00% | +12,524+0.8% | Added |
| Dimensional Fund Advisors LP | 1,106,960 | $49.2M | 0.01% | −30,394−2.7% | Reduced |
| Vanguard Group Inc | 869,777 | $38.7M | 0.00% | +2,252+0.3% | Added |
| Renaissance Technologies LLC | 510,813 | $22.7M | 0.03% | −32,773−6.0% | Reduced |
| State Street Corp | 468,918 | $20.9M | 0.00% | +30,394+6.9% | Added |
| American Century Companies Inc | 389,948 | $17.3M | 0.01% | +29,604+8.2% | Added |
| Geode Capital Management, LLC | 376,907 | $16.8M | 0.00% | −720.0% | Reduced |
| North Star Asset Management Inc | 359,445 | $16.0M | 0.71% | −3,314−0.9% | Reduced |
| Tributary Capital Management, LLC | 287,487 | $12.8M | 0.99% | +40,055+16.2% | Added |
| LSV Asset Management | 286,710 | $12.8M | 0.03% | +10,081+3.6% | Added |
| Banc Funds Co LLC | 244,452 | $10.9M | 1.20% | −61,395−20.1% | Reduced |
| Northern Trust Corp | 190,490 | $8.47M | 0.00% | +10,491+5.8% | Added |
| Charles Schwab Investment Management Inc | 189,962 | $8.45M | 0.00% | −6,362−3.2% | Reduced |
| ProShare Advisors LLC | 156,681 | $6.97M | 0.02% | −8,715−5.3% | Reduced |
| Millennium Management LLC | 132,777 | $5.91M | 0.01% | +46,559+54.0% | Added |
| Goldman Sachs Group Inc | 127,727 | $5.68M | 0.00% | +14,025+12.3% | Added |
| Morgan Stanley | 126,754 | $5.64M | 0.00% | +20,946+19.8% | Added |
| JPMorgan Chase & Co | 122,532 | $5.45M | 0.00% | −42,182−25.6% | Reduced |
| Mercer Global Advisors Inc | 105,385 | $4.69M | 0.01% | −6,992−6.2% | Reduced |
| Bridgeway Capital Management, LLC | 102,776 | $4.57M | 0.10% | +2,659+2.7% | Added |
| Bank of New York Mellon Corp | 95,306 | $4.24M | 0.00% | −15,382−13.9% | Reduced |
| Allianz Asset Management GmbH | 92,579 | $4.12M | 0.01% | −21,026−18.5% | Reduced |
| Assenagon Asset Management S.A. | 81,942 | $3.65M | 0.01% | +81,942 | New |
| Hotchkis & Wiley Capital Management LLC | 76,020 | $3.38M | 0.01% | +300+0.4% | Added |
| AQR Capital Management LLC | 75,953 | $3.38M | 0.00% | −7,072−8.5% | Reduced |
| De Lisle Partners LLP | 71,290 | $3.18M | 0.47% | +15,980+28.9% | Added |
| Arrowstreet Capital, Limited Partnership | 70,043 | $3.12M | 0.00% | +4,114+6.2% | Added |
| Maltese Capital Management LLC | 67,500 | $3.00M | 0.46% | +67,500 | New |
| Royal Bank of Canada | 65,203 | $2.90M | 0.00% | +2,064+3.3% | Added |
| jvl associates llc | 62,033 | $2.76M | 1.05% | +40.0% | Added |
| Qube Research & Technologies Ltd | 61,079 | $2.72M | 0.00% | +14,932+32.4% | Added |
| Envestnet Asset Management Inc | 57,157 | $2.54M | 0.00% | +16,600+40.9% | Added |
| Empowered Funds, LLC | 55,476 | $2.47M | 0.04% | +2,659+5.0% | Added |
| Tudor Investment Corp Et Al | 47,163 | $2.10M | 0.02% | +11,961+34.0% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 45,869 | $2.04M | 0.01% | +14,568+46.5% | Added |
| Ameriprise Financial Inc | 45,748 | $2.04M | 0.00% | +21,533+88.9% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.00M | 1.85% | 00.0% | Unchanged |
| Nuveen Asset Management, LLC | 44,936 | $2.00M | 0.00% | +5,045+12.6% | Added |
| Wells Fargo & Company | 44,802 | $1.99M | 0.00% | +11,047+32.7% | Added |
| Invesco Ltd. | 40,289 | $1.79M | 0.00% | +1,654+4.3% | Added |
| Barclays PLC | 39,878 | $1.77M | 0.00% | +6,897+20.9% | Added |
| Bank of America Corp | 39,259 | $1.75M | 0.00% | +2,032+5.5% | Added |
| Brandywine Global Investment Management, LLC | 38,657 | $1.72M | 0.01% | −1,902−4.7% | Reduced |
| LaFleur & Godfrey LLC | 35,283 | $1.57M | 0.22% | −288−0.8% | Reduced |
| Pathstone Holdings, LLC | 33,392 | $1.49M | 0.01% | +1,638+5.2% | Added |
| Raymond James Financial Inc | 31,278 | $1.39M | 0.00% | +31,278 | New |
| Two Sigma Investments, LP | 30,845 | $1.37M | 0.00% | +3,809+14.1% | Added |
| Teacher Retirement System of Texas | 30,521 | $1.36M | 0.00% | +4,577+17.6% | Added |
| Swiss National Bank | 29,900 | $1.33M | 0.00% | 00.0% | Unchanged |
| UBS Group AG | 29,666 | $1.32M | 0.00% | +17,699+147.9% | Added |
| Thrivent Financial for Lutherans | 28,900 | $1.29M | 0.00% | −11,907−29.2% | Reduced |
| UBS Asset Management Americas Inc | 28,506 | $1.27M | 0.00% | +10,979+62.6% | Added |
| Rhumbline Advisers | 25,419 | $1.13M | 0.00% | +1,432+6.0% | Added |
| Buckingham Strategic Partners | 22,213 | $988.3K | 0.02% | +60.0% | Added |
| Cerity Partners LLC | 21,446 | $939.1K | 0.00% | −50.0% | Reduced |
| Creative Planning | 20,918 | $930.6K | 0.00% | +2,011+10.6% | Added |
| Citadel Advisors LLC | 20,541 | $913.9K | 0.00% | +11,990+140.2% | Added |
| Los Angeles Capital Management LLC | 20,436 | $909.2K | 0.00% | −1,080−5.0% | Reduced |
| Citigroup Inc | 20,311 | $903.6K | 0.00% | +1,161+6.1% | Added |
| Round Hill Asset Management | 19,407 | $863.4K | 0.61% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 17,865 | $794.8K | 0.00% | 00.0% | Unchanged |
| Victory Capital Management Inc | 17,550 | $780.8K | 0.00% | +410+2.4% | Added |
| Deutsche Bank AG | 16,622 | $739.5K | 0.00% | +5,447+48.7% | Added |
| Legal & General Group Plc | 15,566 | $692.5K | 0.00% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 15,361 | $683.4K | 0.00% | +120+0.8% | Added |
| HRT Financial LP | 15,231 | $677.0K | 0.00% | +7,552+98.3% | Added |
| Bailard, Inc. | 14,801 | $658.5K | 0.02% | +14,801 | New |
| FMR LLC | 14,477 | $644.1K | 0.00% | +1,121+8.4% | Added |
| California State Teachers Retirement System | 14,375 | $639.5K | 0.00% | −139−1.0% | Reduced |
| Cornercap Investment Counsel Inc | 14,206 | $632.0K | 0.20% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 14,046 | $624.9K | 0.01% | −491−3.4% | Reduced |
| STRS Ohio | 13,800 | $614.0K | 0.00% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 13,695 | $609.3K | 0.00% | −3,584−20.7% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $600.6K | 0.05% | 00.0% | Unchanged |
| Jane Street Group, LLC | 13,180 | $586.4K | 0.00% | −16,442−55.5% | Reduced |
| Credit Agricole S A | 12,820 | $570.4K | 0.00% | +4,647+56.9% | Added |
| Two Sigma Advisers, LP | 12,684 | $564.3K | 0.00% | −1,300−9.3% | Reduced |
| Shakespeare Wealth Management, Inc. | 12,568 | $559.1K | 0.15% | −1,185−8.6% | Reduced |
| Lazard Asset Management LLC | 12,439 | $552.0K | 0.00% | +2,419+24.1% | Added |
| SG Americas Securities, LLC | 12,137 | $540.0K | 0.00% | −79−0.6% | Reduced |
| Janney Montgomery Scott LLC | 11,864 | $528.0K | 0.00% | +430+3.8% | Added |
| State of Wisconsin Investment Board | 11,375 | $506.1K | 0.00% | −836−6.8% | Reduced |
| Rafferty Asset Management, LLC | 11,120 | $494.7K | 0.00% | −2,341−17.4% | Reduced |
| LPL Financial LLC | 10,841 | $482.4K | 0.00% | +1,622+17.6% | Added |
| Hennion & Walsh Asset Management, Inc. | 10,173 | $452.6K | 0.02% | −3,536−25.8% | Reduced |
| Franklin Resources Inc | 10,123 | $450.4K | 0.00% | 00.0% | Unchanged |
| Susquehanna Fundamental Investments, LLC | 10,107 | $449.7K | 0.01% | +10,107 | New |
| First Trust Advisors LP | 9,840 | $437.8K | 0.00% | +77+0.8% | Added |
| Engineers Gate Manager LP | 9,574 | $425.9K | 0.01% | +9,574 | New |
| Sterling Capital Management LLC | 9,345 | $415.8K | 0.01% | +449+5.0% | Added |
| Voya Investment Management LLC | 9,337 | $415.4K | 0.00% | −567−5.7% | Reduced |
| Principal Financial Group Inc | 9,335 | $415.3K | 0.00% | +724+8.4% | Added |
| MetLife Investment Management | 9,276 | $412.7K | 0.00% | 00.0% | Unchanged |
| Susquehanna International Group, LLP | 9,245 | $411.3K | 0.00% | +3,787+69.4% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $408.8K | 0.02% | 00.0% | Unchanged |
| CWM Advisors, LLC | 9,013 | $401.0K | 0.04% | −390−4.1% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,978 | $399.4K | 0.00% | +313+3.6% | Added |
| HSBC Holdings PLC | 8,570 | $383.7K | 0.00% | +1,203+16.3% | Added |
| Quest Partners LLC | 8,200 | $364.8K | 0.05% | +8,136+12,712.5% | Added |
| Alps Advisors Inc | 8,028 | $357.2K | 0.00% | 00.0% | Unchanged |