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 |
|---|---|---|---|---|---|
| TFC Financial Management | 1 | $44 | 0.00% | 00.0% | Unchanged |
| True Wealth Design, LLC | 7 | $305 | 0.00% | +7 | New |
| Aster Capital Management (DIFC) Ltd | 7 | $337 | 0.00% | +7 | New |
| Stephens Consulting, LLC | 10 | $435 | 0.00% | +10 | New |
| Parkside Financial Bank & Trust | 10 | $437 | 0.00% | +10 | New |
| Massmutual Trust Co FSB | 12 | $521 | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 17 | $716 | 0.00% | −30−63.8% | Reduced |
| Smartleaf Asset Management LLC | 22 | $968 | 0.00% | +17+340.0% | Added |
| Covestor Ltd | 29 | $1.00K | 0.00% | −25−46.3% | Reduced |
| Point72 Asia (Singapore) Pte. Ltd. | 36 | $1.56K | 0.00% | −752−95.4% | Reduced |
| Ameriflex Group, Inc. | 41 | $1.76K | 0.00% | +1+2.5% | Added |
| EverSource Wealth Advisors, LLC | 41 | $1.78K | 0.00% | +40+4,000.0% | Added |
| Rothschild Investment LLC | 45 | $1.96K | 0.00% | +10+28.6% | Added |
| Principal Securities, Inc. | 51 | $2.27K | 0.00% | 00.0% | Unchanged |
| Lindbrook Capital, LLC | 62 | $2.69K | 0.00% | −3−4.6% | Reduced |
| GWM Advisors LLC | 62 | $2.69K | 0.00% | +62 | New |
| SRS Capital Advisors, Inc. | 84 | $3.65K | 0.00% | +55+189.7% | Added |
| Parallel Advisors, LLC | 87 | $3.78K | 0.00% | +14+19.2% | Added |
| Private Trust Co NA | 89 | $3.87K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 98 | $4.26K | 0.00% | −2−2.0% | Reduced |
| N.E.W. Advisory Services LLC | 150 | $6.52K | 0.00% | +150 | New |
| IFP Advisors, Inc | 172 | $7.47K | 0.00% | +168+4,200.0% | Added |
| Ronald Blue Trust, Inc. | 191 | $8.30K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 253 | $11.0K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $12.3K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 333 | $14.5K | 0.00% | +220+194.7% | Added |
| Jones Financial Companies LLLP | 388 | $17.1K | 0.00% | −2−0.5% | Reduced |
| Coldstream Capital Management Inc | 476 | $20.7K | 0.00% | +476 | New |
| Point72 (DIFC) Ltd | 491 | $21.3K | 0.00% | +429+691.9% | Added |
| GAMMA Investing LLC | 520 | $22.6K | 0.00% | +345+197.1% | Added |
| Amalgamated Bank | 528 | $23.0K | 0.00% | 00.0% | Unchanged |
| CIBC Private Wealth Group, LLC | 713 | $28.2K | 0.00% | +713 | New |
| Mattson Financial Services, LLC | 685 | $29.8K | 0.01% | 00.0% | Unchanged |
| Fifth Third Bancorp | 755 | $32.8K | 0.00% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 895 | $38.9K | 0.00% | +224+33.4% | Added |
| Quadrant Capital Group LLC | 1,102 | $47.9K | 0.00% | +211+23.7% | Added |
| Quantbot Technologies LP | 1,242 | $54.0K | 0.00% | −1,086−46.6% | Reduced |
| The PNC Financial Services Group, Inc. | 1,375 | $59.7K | 0.00% | −350−20.3% | Reduced |
| Ameritas Investment Partners, Inc. | 1,548 | $67.2K | 0.00% | 00.0% | Unchanged |
| EMC Capital Management | 1,877 | $82.0K | 0.05% | 00.0% | Unchanged |
| Nisa Investment Advisors, LLC | 1,965 | $85.4K | 0.00% | −410−17.3% | Reduced |
| Advisor Group Holdings, Inc. | 1,982 | $86.2K | 0.00% | −272−12.1% | Reduced |
| Point72 Asset Management, L.P. | 2,801 | $121.7K | 0.00% | +501+21.8% | Added |
| Great West Life Assurance Co | 2,845 | $123.0K | 0.00% | +118+4.3% | Added |
| Quest Partners LLC | 2,926 | $127.1K | 0.01% | −5,274−64.3% | Reduced |
| KLP Kapitalforvaltning AS | 3,000 | $130.3K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,104 | $134.8K | 0.00% | −469−13.1% | Reduced |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $135.0K | 0.00% | 00.0% | Unchanged |
| Police & Firemen's Retirement System of New Jersey | 3,238 | $140.7K | 0.00% | 00.0% | Unchanged |
| Tower Research Capital LLC (TRC) | 3,316 | $144.0K | 0.00% | +2,178+191.4% | Added |
| Huntington National Bank | 4,008 | $174.1K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 4,457 | $193.6K | 0.00% | +2,250+101.9% | Added |
| New York State Common Retirement Fund | 4,732 | $205.6K | 0.00% | 00.0% | Unchanged |
| 626 Financial, LLC | 4,876 | $211.8K | 0.11% | 00.0% | Unchanged |
| Voya Investment Management LLC | 4,950 | $215.0K | 0.00% | −4,387−47.0% | Reduced |
| MML Investors Services, LLC | 5,092 | $221.0K | 0.00% | +5,092 | New |
| EntryPoint Capital, LLC | 5,144 | $223.5K | 0.10% | +5,144 | New |
| EP Wealth Advisors, LLC | 5,151 | $223.8K | 0.00% | +650+14.4% | Added |
| Ieq Capital, LLC | 5,223 | $226.9K | 0.00% | +5,223 | New |
| CWM, LLC | 5,279 | $229.0K | 0.00% | +2,007+61.3% | Added |
| DekaBank Deutsche Girozentrale | 5,407 | $235.0K | 0.00% | 00.0% | Unchanged |
| Quantinno Capital Management LP | 5,452 | $236.8K | 0.00% | +5,452 | New |
| Manufacturers Life Insurance Company, The | 5,548 | $241.0K | 0.00% | +164+3.0% | Added |
| Russell Investments Group, Ltd. | 5,614 | $243.9K | 0.00% | −353−5.9% | Reduced |
| West Michigan Advisors, LLC | 5,887 | $255.7K | 0.08% | +5,887 | New |
| Comerica Bank | 5,970 | $259.3K | 0.00% | −18−0.3% | Reduced |
| SEI Investments Co | 6,107 | $265.3K | 0.00% | +1,600+35.5% | Added |
| US Bancorp | 6,144 | $266.9K | 0.00% | +205+3.5% | Added |
| HighTower Advisors, LLC | 6,343 | $275.5K | 0.00% | +44+0.7% | Added |
| Well Done, LLC | 6,391 | $284.3K | 0.05% | +277+4.5% | Added |
| BNP Paribas Arbitrage, SA | 6,600 | $286.7K | 0.00% | +1,149+21.1% | Added |
| Allspring Global Investments Holdings, LLC | 6,627 | $287.9K | 0.00% | +6,627 | New |
| Stifel Financial Corp | 6,653 | $289.0K | 0.00% | +6,653 | New |
| Pitcairn Co | 6,672 | $289.8K | 0.02% | +33+0.5% | Added |
| Janus Henderson Group PLC | 6,739 | $296.6K | 0.00% | 00.0% | Unchanged |
| Federated Hermes, Inc. | 6,869 | $298.4K | 0.00% | −982−12.5% | Reduced |
| Price T Rowe Associates Inc | 6,890 | $300.0K | 0.00% | +757+12.3% | Added |
| Virtus ETF Advisers LLC | 7,281 | $316.3K | 0.21% | +7,281 | New |
| Corebridge Financial, Inc. | 7,729 | $335.7K | 0.00% | −113−1.4% | Reduced |
| First National Bank of Omaha | 7,770 | $337.5K | 0.02% | +7+0.1% | Added |
| Zacks Investment Management | 7,875 | $342.1K | 0.00% | +942+13.6% | Added |
| CWM Advisors, LLC | 7,887 | $342.6K | 0.04% | −1,126−12.5% | Reduced |
| Citadel Advisors LLC | 8,046 | $349.5K | 0.00% | −12,495−60.8% | Reduced |
| Alps Advisors Inc | 8,077 | $350.9K | 0.00% | +49+0.6% | Added |
| Sterling Capital Management LLC | 8,271 | $359.3K | 0.01% | −1,074−11.5% | Reduced |
| Verition Fund Management LLC | 8,498 | $369.2K | 0.00% | +3,864+83.4% | Added |
| Moneta Group Investment Advisors LLC | 8,616 | $374.3K | 0.01% | +8,616 | New |
| Susquehanna Fundamental Investments, LLC | 8,766 | $380.8K | 0.01% | −1,341−13.3% | Reduced |
| Strategies Wealth Advisors, LLC | 8,950 | $388.8K | 0.05% | +8,950 | New |
| MetLife Investment Management | 9,067 | $393.9K | 0.00% | −209−2.3% | Reduced |
| D. E. Shaw & Co., Inc. | 9,091 | $394.9K | 0.00% | +9,091 | New |
| Azimuth Capital Investment Management LLC | 9,189 | $399.2K | 0.02% | 00.0% | Unchanged |
| Mirae Asset Global ETFs Holdings Ltd. | 9,360 | $406.6K | 0.00% | +382+4.3% | Added |
| Trexquant Investment LP | 9,646 | $419.0K | 0.00% | +9,646 | New |
| Principal Financial Group Inc | 9,675 | $420.3K | 0.00% | +340+3.6% | Added |
| First Trust Advisors LP | 9,759 | $423.9K | 0.00% | −81−0.8% | Reduced |
| Magnetar Financial LLC | 9,975 | $433.3K | 0.01% | +9,975 | New |
| Man Group plc | 10,007 | $434.7K | 0.00% | +3,396+51.4% | Added |
| Y-Intercept (Hong Kong) Ltd | 10,089 | $438.3K | 0.03% | +10,089 | New |
| HSBC Holdings PLC | 10,108 | $445.4K | 0.00% | +1,538+17.9% | Added |