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, 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
- +333.3K (+3.3%) vs. Q3 2024
- Total value
- $457.6M
- +$22.9M (+5.3%) vs. Q3 2024
- New holders
- 27
- 74 more added
- Sold out
- 9
- 45 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Shakespeare Wealth Management, Inc. | 12,568 | $559.1K | 0.15% | −1,185−8.6% | Reduced |
| Two Sigma Advisers, LP | 12,684 | $564.3K | 0.00% | −1,300−9.3% | Reduced |
| Credit Agricole S A | 12,820 | $570.4K | 0.00% | +4,647+56.9% | Added |
| Jane Street Group, LLC | 13,180 | $586.4K | 0.00% | −16,442−55.5% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $600.6K | 0.05% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 13,695 | $609.3K | 0.00% | −3,584−20.7% | Reduced |
| STRS Ohio | 13,800 | $614.0K | 0.00% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 14,046 | $624.9K | 0.01% | −491−3.4% | Reduced |
| Cornercap Investment Counsel Inc | 14,206 | $632.0K | 0.20% | 00.0% | Unchanged |
| California State Teachers Retirement System | 14,375 | $639.5K | 0.00% | −139−1.0% | Reduced |
| FMR LLC | 14,477 | $644.1K | 0.00% | +1,121+8.4% | Added |
| Bailard, Inc. | 14,801 | $658.5K | 0.02% | +14,801 | New |
| HRT Financial LP | 15,231 | $677.0K | 0.00% | +7,552+98.3% | Added |
| Alliancebernstein L.P. | 15,361 | $683.4K | 0.00% | +120+0.8% | Added |
| Legal & General Group Plc | 15,566 | $692.5K | 0.00% | 00.0% | Unchanged |
| Deutsche Bank AG | 16,622 | $739.5K | 0.00% | +5,447+48.7% | Added |
| Victory Capital Management Inc | 17,550 | $780.8K | 0.00% | +410+2.4% | Added |
| Baird Financial Group, Inc. | 17,865 | $794.8K | 0.00% | 00.0% | Unchanged |
| Round Hill Asset Management | 19,407 | $863.4K | 0.61% | 00.0% | Unchanged |
| Citigroup Inc | 20,311 | $903.6K | 0.00% | +1,161+6.1% | Added |
| Los Angeles Capital Management LLC | 20,436 | $909.2K | 0.00% | −1,080−5.0% | Reduced |
| Citadel Advisors LLC | 20,541 | $913.9K | 0.00% | +11,990+140.2% | Added |
| Creative Planning | 20,918 | $930.6K | 0.00% | +2,011+10.6% | Added |
| Cerity Partners LLC | 21,446 | $939.1K | 0.00% | −50.0% | Reduced |
| Buckingham Strategic Partners | 22,213 | $988.3K | 0.02% | +60.0% | Added |
| Rhumbline Advisers | 25,419 | $1.13M | 0.00% | +1,432+6.0% | Added |
| UBS Asset Management Americas Inc | 28,506 | $1.27M | 0.00% | +10,979+62.6% | Added |
| Thrivent Financial for Lutherans | 28,900 | $1.29M | 0.00% | −11,907−29.2% | Reduced |
| UBS Group AG | 29,666 | $1.32M | 0.00% | +17,699+147.9% | Added |
| Swiss National Bank | 29,900 | $1.33M | 0.00% | 00.0% | Unchanged |
| Teacher Retirement System of Texas | 30,521 | $1.36M | 0.00% | +4,577+17.6% | Added |
| Two Sigma Investments, LP | 30,845 | $1.37M | 0.00% | +3,809+14.1% | Added |
| Raymond James Financial Inc | 31,278 | $1.39M | 0.00% | +31,278 | New |
| Pathstone Holdings, LLC | 33,392 | $1.49M | 0.01% | +1,638+5.2% | Added |
| LaFleur & Godfrey LLC | 35,283 | $1.57M | 0.22% | −288−0.8% | Reduced |
| Brandywine Global Investment Management, LLC | 38,657 | $1.72M | 0.01% | −1,902−4.7% | Reduced |
| Bank of America Corp | 39,259 | $1.75M | 0.00% | +2,032+5.5% | Added |
| Barclays PLC | 39,878 | $1.77M | 0.00% | +6,897+20.9% | Added |
| Invesco Ltd. | 40,289 | $1.79M | 0.00% | +1,654+4.3% | Added |
| Wells Fargo & Company | 44,802 | $1.99M | 0.00% | +11,047+32.7% | Added |
| Nuveen Asset Management, LLC | 44,936 | $2.00M | 0.00% | +5,045+12.6% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.00M | 1.85% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 45,748 | $2.04M | 0.00% | +21,533+88.9% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 45,869 | $2.04M | 0.01% | +14,568+46.5% | Added |
| Tudor Investment Corp Et Al | 47,163 | $2.10M | 0.02% | +11,961+34.0% | Added |
| Empowered Funds, LLC | 55,476 | $2.47M | 0.04% | +2,659+5.0% | Added |
| Envestnet Asset Management Inc | 57,157 | $2.54M | 0.00% | +16,600+40.9% | Added |
| Qube Research & Technologies Ltd | 61,079 | $2.72M | 0.00% | +14,932+32.4% | Added |
| jvl associates llc | 62,033 | $2.76M | 1.05% | +40.0% | Added |
| Royal Bank of Canada | 65,203 | $2.90M | 0.00% | +2,064+3.3% | Added |
| Maltese Capital Management LLC | 67,500 | $3.00M | 0.46% | +67,500 | New |
| Arrowstreet Capital, Limited Partnership | 70,043 | $3.12M | 0.00% | +4,114+6.2% | Added |
| De Lisle Partners LLP | 71,290 | $3.18M | 0.47% | +15,980+28.9% | Added |
| AQR Capital Management LLC | 75,953 | $3.38M | 0.00% | −7,072−8.5% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 76,020 | $3.38M | 0.01% | +300+0.4% | Added |
| Assenagon Asset Management S.A. | 81,942 | $3.65M | 0.01% | +81,942 | New |
| Allianz Asset Management GmbH | 92,579 | $4.12M | 0.01% | −21,026−18.5% | Reduced |
| Bank of New York Mellon Corp | 95,306 | $4.24M | 0.00% | −15,382−13.9% | Reduced |
| Bridgeway Capital Management, LLC | 102,776 | $4.57M | 0.10% | +2,659+2.7% | Added |
| Mercer Global Advisors Inc | 105,385 | $4.69M | 0.01% | −6,992−6.2% | Reduced |
| JPMorgan Chase & Co | 122,532 | $5.45M | 0.00% | +40,175+48.8% | Added |
| Morgan Stanley | 126,754 | $5.64M | 0.00% | +20,946+19.8% | Added |
| Goldman Sachs Group Inc | 127,727 | $5.68M | 0.00% | +14,025+12.3% | Added |
| Millennium Management LLC | 132,777 | $5.91M | 0.01% | +46,559+54.0% | Added |
| ProShare Advisors LLC | 156,681 | $6.97M | 0.02% | −8,715−5.3% | Reduced |
| Charles Schwab Investment Management Inc | 189,962 | $8.45M | 0.00% | −6,362−3.2% | Reduced |
| Northern Trust Corp | 190,490 | $8.47M | 0.00% | +10,491+5.8% | Added |
| Banc Funds Co LLC | 244,452 | $10.9M | 1.20% | −61,395−20.1% | Reduced |
| LSV Asset Management | 286,710 | $12.8M | 0.03% | +10,081+3.6% | Added |
| Tributary Capital Management, LLC | 287,487 | $12.8M | 0.99% | +40,055+16.2% | Added |
| North Star Asset Management Inc | 359,445 | $16.0M | 0.71% | −3,314−0.9% | Reduced |
| Geode Capital Management, LLC | 376,907 | $16.8M | 0.00% | −720.0% | Reduced |
| American Century Companies Inc | 389,948 | $17.3M | 0.01% | +29,604+8.2% | Added |
| State Street Corp | 468,918 | $20.9M | 0.00% | +30,394+6.9% | Added |
| Renaissance Technologies LLC | 510,813 | $22.7M | 0.03% | −32,773−6.0% | Reduced |
| Vanguard Group Inc | 869,777 | $38.7M | 0.00% | +2,252+0.3% | Added |
| Dimensional Fund Advisors LP | 1,106,960 | $49.2M | 0.01% | −30,394−2.7% | Reduced |
| BlackRock, Inc. | 1,615,433 | $71.9M | 0.00% | +12,524+0.8% | Added |
| Segall Bryant & Hamill, LLC | 0 | $0 | 0.00% | −110,482−100.0% | Sold out |
| Balyasny Asset Management LLC | 0 | $0 | 0.00% | −10,654−100.0% | Sold out |
| State of Tennessee, Treasury Department | 0 | $0 | 0.00% | −8,732−100.0% | Sold out |
| ExodusPoint Capital Management, LP | 0 | $0 | 0.00% | −6,426−100.0% | Sold out |
| Semanteon Capital Management, LP | 0 | $0 | 0.00% | −5,751−100.0% | Sold out |
| D. E. Shaw & Co., Inc. | 0 | $0 | 0.00% | −5,463−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −4,614−100.0% | Sold out |
| Allspring Global Investments Holdings, LLC | 0 | $0 | 0.00% | −4,346−100.0% | Sold out |
| Capital Performance Advisors LLP | 0 | $0 | 0.00% | −175−100.0% | Sold out |
| ClariVest Asset Management LLC | – | – | – | – | Not filed |