Skip to main content

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.

Q1 2025 vs. Q4 2024

How the institutions holding Mercantile Bank Corp changed between Q4 2024 and Q1 2025.

All holders in Q1 2025All holders in Q4 2024

13F holders of MBWM: Q4 2024 compared with Q1 2025
MeasureQ4 2024Of which not filed for Q1 2025Q1 2025Change
Holders1783194+19
Shares10.3M46.8K10.4M+170.9K (+1.7%)
Value$457.6M$2.08M$452.3M−$3.28M (−0.7%)

3 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (28)

Institutions that held Mercantile Bank Corp at the end of Q1 2025 but not at the end of Q4 2024.

Institutions new to MBWM in Q1 2025
InstitutionSharesValue% of portfolio
Nuveen, LLC73,881$3.21M0.00%
Wakefield Asset Management LLLP22,833$991.9K0.30%
Balyasny Asset Management LLC15,278$663.7K0.00%
Elizabeth Park Capital Advisors, Ltd.14,470$628.6K0.57%
Marshall Wace, LLP14,289$620.7K0.00%
Dynamic Technology Lab Private Ltd10,592$460.0K0.07%
Y-Intercept (Hong Kong) Ltd10,089$438.3K0.03%
Magnetar Financial LLC9,975$433.3K0.01%
Trexquant Investment LP9,646$419.0K0.00%
D. E. Shaw & Co., Inc.9,091$394.9K0.00%
Strategies Wealth Advisors, LLC8,950$388.8K0.05%
Moneta Group Investment Advisors LLC8,616$374.3K0.01%
Virtus ETF Advisers LLC7,281$316.3K0.21%
Stifel Financial Corp6,653$289.0K0.00%
Allspring Global Investments Holdings, LLC6,627$287.9K0.00%
West Michigan Advisors, LLC5,887$255.7K0.08%
Quantinno Capital Management LP5,452$236.8K0.00%
Ieq Capital, LLC5,223$226.9K0.00%
EntryPoint Capital, LLC5,144$223.5K0.10%
MML Investors Services, LLC5,092$221.0K0.00%
CIBC Private Wealth Group, LLC713$28.2K0.00%
Coldstream Capital Management Inc476$20.7K0.00%
N.E.W. Advisory Services LLC150$6.52K0.00%
GWM Advisors LLC62$2.69K0.00%
Parkside Financial Bank & Trust10$4370.00%
Stephens Consulting, LLC10$4350.00%
Aster Capital Management (DIFC) Ltd7$3370.00%
True Wealth Design, LLC7$3050.00%

Sold out (9)

Institutions that held Mercantile Bank Corp at the end of Q4 2024 and filed for Q1 2025 without it.

Institutions that sold out of MBWM in Q1 2025
InstitutionShares, Q4 2024Value, Q4 2024
Assenagon Asset Management S.A.81,942$3.65M
Cornercap Investment Counsel Inc14,206$632.0K
Trust Point Inc.5,685$252.9K
Inceptionr LLC5,676$252.5K
Intellus Advisors LLC5,466$243.2K
Dynamic Advisor Solutions LLC5,342$237.7K
Picton Mahoney Asset Management653$29.0K
Proequities, Inc.21$1.02K
SBI Securities Co., Ltd.2$89

Not filed for Q1 2025 yet (3)

Institutions that held Mercantile Bank Corp at the end of Q4 2024 and haven't filed a 13F for Q1 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBWM in Q4 2024 that haven't filed for Q1 2025
InstitutionShares, Q4 2024Value, Q4 2024
Nuveen Asset Management, LLC44,936$2.00M
Oliver Lagore Vanvalin Investment Group1,842$82.0K
Global Retirement Partners, LLC42$1.87K