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, Q1 2025
Institutional positions in Mercantile Bank Corp as of Mar 31, 2025. 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
- 194
- +19 vs. Q4 2024
- Shares held
- 10.4M
- +170.9K (+1.7%) vs. Q4 2024
- Total value
- $452.3M
- −$3.28M (−0.7%) vs. Q4 2024
- New holders
- 28
- 77 more added
- Sold out
- 9
- 61 more reduced
3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2025
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q4 2024.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,590,901 | $69.1M | 0.00% | −24,532−1.5% | Reduced |
| Dimensional Fund Advisors LP | 1,075,747 | $46.7M | 0.01% | −31,213−2.8% | Reduced |
| Vanguard Group Inc | 1,017,076 | $44.2M | 0.00% | +147,299+16.9% | Added |
| Renaissance Technologies LLC | 508,391 | $22.1M | 0.03% | −2,422−0.5% | Reduced |
| State Street Corp | 454,377 | $19.7M | 0.00% | −14,541−3.1% | Reduced |
| American Century Companies Inc | 426,625 | $18.5M | 0.01% | +36,677+9.4% | Added |
| Geode Capital Management, LLC | 388,283 | $16.9M | 0.00% | +11,376+3.0% | Added |
| North Star Asset Management Inc | 359,328 | $15.6M | 0.71% | −1170.0% | Reduced |
| LSV Asset Management | 321,486 | $14.0M | 0.03% | +34,776+12.1% | Added |
| Tributary Capital Management, LLC | 277,821 | $12.1M | 1.05% | −9,666−3.4% | Reduced |
| Banc Funds Co LLC | 215,452 | $9.36M | 1.23% | −29,000−11.9% | Reduced |
| Northern Trust Corp | 181,587 | $7.89M | 0.00% | −8,903−4.7% | Reduced |
| ProShare Advisors LLC | 158,772 | $6.90M | 0.02% | +2,091+1.3% | Added |
| Hotchkis & Wiley Capital Management LLC | 131,310 | $5.70M | 0.02% | +55,290+72.7% | Added |
| Charles Schwab Investment Management Inc | 128,885 | $5.60M | 0.00% | −61,077−32.2% | Reduced |
| Mercer Global Advisors Inc | 105,756 | $4.59M | 0.01% | +371+0.4% | Added |
| Bridgeway Capital Management, LLC | 105,031 | $4.56M | 0.11% | +2,255+2.2% | Added |
| Morgan Stanley | 104,380 | $4.53M | 0.00% | −22,374−17.7% | Reduced |
| Goldman Sachs Group Inc | 96,275 | $4.18M | 0.00% | −31,452−24.6% | Reduced |
| Bank of New York Mellon Corp | 94,702 | $4.11M | 0.00% | −604−0.6% | Reduced |
| AQR Capital Management LLC | 92,045 | $4.00M | 0.00% | +16,092+21.2% | Added |
| JPMorgan Chase & Co | 90,081 | $3.91M | 0.00% | −32,451−26.5% | Reduced |
| Maltese Capital Management LLC | 85,698 | $3.72M | 0.61% | +18,198+27.0% | Added |
| Nuveen, LLC | 73,881 | $3.21M | 0.00% | +73,881 | New |
| Arrowstreet Capital, Limited Partnership | 71,932 | $3.12M | 0.00% | +1,889+2.7% | Added |
| De Lisle Partners LLP | 71,290 | $3.10M | 0.51% | 00.0% | Unchanged |
| Royal Bank of Canada | 68,824 | $2.99M | 0.00% | +3,621+5.6% | Added |
| Millennium Management LLC | 66,303 | $2.88M | 0.00% | −66,474−50.1% | Reduced |
| Qube Research & Technologies Ltd | 64,751 | $2.81M | 0.00% | +3,672+6.0% | Added |
| Ameriprise Financial Inc | 62,336 | $2.71M | 0.00% | +16,588+36.3% | Added |
| jvl associates llc | 62,033 | $2.69M | 1.09% | 00.0% | Unchanged |
| Empowered Funds, LLC | 57,731 | $2.51M | 0.04% | +2,255+4.1% | Added |
| Envestnet Asset Management Inc | 57,603 | $2.50M | 0.00% | +446+0.8% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 57,294 | $2.49M | 0.01% | +11,425+24.9% | Added |
| Tudor Investment Corp Et Al | 50,587 | $2.20M | 0.02% | +3,424+7.3% | Added |
| SG Americas Securities, LLC | 46,093 | $2.00M | 0.01% | +33,956+279.8% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.95M | 1.97% | 00.0% | Unchanged |
| Invesco Ltd. | 38,941 | $1.69M | 0.00% | −1,348−3.3% | Reduced |
| Two Sigma Investments, LP | 38,676 | $1.68M | 0.00% | +7,831+25.4% | Added |
| Bank of America Corp | 37,844 | $1.64M | 0.00% | −1,415−3.6% | Reduced |
| Wells Fargo & Company | 37,494 | $1.63M | 0.00% | −7,308−16.3% | Reduced |
| Brandywine Global Investment Management, LLC | 37,147 | $1.61M | 0.01% | −1,510−3.9% | Reduced |
| LaFleur & Godfrey LLC | 35,290 | $1.53M | 0.21% | +70.0% | Added |
| Pathstone Holdings, LLC | 35,117 | $1.53M | 0.01% | +1,725+5.2% | Added |
| Raymond James Financial Inc | 31,715 | $1.38M | 0.00% | +437+1.4% | Added |
| Barclays PLC | 31,465 | $1.37M | 0.00% | −8,413−21.1% | Reduced |
| Swiss National Bank | 29,900 | $1.30M | 0.00% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 29,657 | $1.29M | 0.00% | +757+2.6% | Added |
| UBS Group AG | 28,258 | $1.23M | 0.00% | −1,408−4.7% | Reduced |
| UBS Asset Management Americas Inc | 28,118 | $1.22M | 0.00% | −388−1.4% | Reduced |
| Rhumbline Advisers | 24,272 | $1.05M | 0.00% | −1,147−4.5% | Reduced |
| Susquehanna International Group, LLP | 23,768 | $1.03M | 0.00% | +14,523+157.1% | Added |
| Creative Planning | 23,054 | $1.00M | 0.00% | +2,136+10.2% | Added |
| Wakefield Asset Management LLLP | 22,833 | $991.9K | 0.30% | +22,833 | New |
| Buckingham Strategic Partners | 22,577 | $980.8K | 0.01% | +364+1.6% | Added |
| Credit Agricole S A | 22,442 | $974.9K | 0.00% | +9,622+75.1% | Added |
| Cerity Partners LLC | 21,471 | $932.7K | 0.00% | +25+0.1% | Added |
| Squarepoint Ops LLC | 20,577 | $893.9K | 0.00% | +15,840+334.4% | Added |
| Teacher Retirement System of Texas | 18,688 | $811.8K | 0.00% | −11,833−38.8% | Reduced |
| Round Hill Asset Management | 18,607 | $808.3K | 0.58% | −800−4.1% | Reduced |
| Citigroup Inc | 18,340 | $796.7K | 0.00% | −1,971−9.7% | Reduced |
| Los Angeles Capital Management LLC | 17,846 | $775.2K | 0.00% | −2,590−12.7% | Reduced |
| Baird Financial Group, Inc. | 17,745 | $770.8K | 0.00% | −120−0.7% | Reduced |
| Franklin Resources Inc | 17,742 | $770.7K | 0.00% | +7,619+75.3% | Added |
| Lazard Asset Management LLC | 17,756 | $769.0K | 0.00% | +5,317+42.7% | Added |
| Legal & General Group Plc | 17,171 | $745.9K | 0.00% | +1,605+10.3% | Added |
| Victory Capital Management Inc | 17,016 | $739.2K | 0.00% | −534−3.0% | Reduced |
| Wedge Capital Management L L P | 16,968 | $737.1K | 0.01% | +2,922+20.8% | Added |
| Two Sigma Advisers, LP | 16,284 | $707.4K | 0.00% | +3,600+28.4% | Added |
| Jane Street Group, LLC | 15,952 | $693.0K | 0.00% | +2,772+21.0% | Added |
| Alliancebernstein L.P. | 15,361 | $667.3K | 0.00% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 15,278 | $663.7K | 0.00% | +15,278 | New |
| Deutsche Bank AG | 15,205 | $660.5K | 0.00% | −1,417−8.5% | Reduced |
| Gsa Capital Partners LLP | 15,191 | $660.0K | 0.06% | +7,720+103.3% | Added |
| Elizabeth Park Capital Advisors, Ltd. | 14,470 | $628.6K | 0.57% | +14,470 | New |
| California State Teachers Retirement System | 14,375 | $624.5K | 0.00% | 00.0% | Unchanged |
| Marshall Wace, LLP | 14,289 | $620.7K | 0.00% | +14,289 | New |
| Bailard, Inc. | 14,201 | $616.9K | 0.02% | −600−4.1% | Reduced |
| LPL Financial LLC | 14,013 | $608.8K | 0.00% | +3,172+29.3% | Added |
| Cubist Systematic Strategies, LLC | 13,894 | $603.6K | 0.01% | +9,010+184.5% | Added |
| Regal Investment Advisors LLC | 13,500 | $586.4K | 0.05% | 00.0% | Unchanged |
| Jacobs Levy Equity Management, Inc | 13,426 | $583.2K | 0.00% | −269−2.0% | Reduced |
| STRS Ohio | 12,900 | $560.4K | 0.00% | −900−6.5% | Reduced |
| FMR LLC | 12,529 | $544.3K | 0.00% | −1,948−13.5% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 12,446 | $540.7K | 0.02% | +2,273+22.3% | Added |
| Shakespeare Wealth Management, Inc. | 12,194 | $529.7K | 0.14% | −374−3.0% | Reduced |
| HRT Financial LP | 11,921 | $517.0K | 0.00% | −3,310−21.7% | Reduced |
| Janney Montgomery Scott LLC | 11,866 | $515.0K | 0.00% | +20.0% | Added |
| Allianz Asset Management GmbH | 11,732 | $509.6K | 0.00% | −80,847−87.3% | Reduced |
| Engineers Gate Manager LP | 11,222 | $487.5K | 0.01% | +1,648+17.2% | Added |
| State of Wisconsin Investment Board | 11,135 | $483.7K | 0.00% | −240−2.1% | Reduced |
| Rafferty Asset Management, LLC | 10,848 | $471.2K | 0.00% | −272−2.4% | Reduced |
| Dynamic Technology Lab Private Ltd | 10,592 | $460.0K | 0.07% | +10,592 | New |
| Intech Investment Management LLC | 10,514 | $456.7K | 0.00% | +3,169+43.1% | Added |
| HSBC Holdings PLC | 10,108 | $445.4K | 0.00% | +1,538+17.9% | Added |
| Y-Intercept (Hong Kong) Ltd | 10,089 | $438.3K | 0.03% | +10,089 | New |
| Man Group plc | 10,007 | $434.7K | 0.00% | +3,396+51.4% | Added |
| Magnetar Financial LLC | 9,975 | $433.3K | 0.01% | +9,975 | New |
| First Trust Advisors LP | 9,759 | $423.9K | 0.00% | −81−0.8% | Reduced |
| Principal Financial Group Inc | 9,675 | $420.3K | 0.00% | +340+3.6% | Added |