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 |
|---|---|---|---|---|---|
| Intech Investment Management LLC | 10,514 | $456.7K | 0.00% | +3,169+43.1% | Added |
| Dynamic Technology Lab Private Ltd | 10,592 | $460.0K | 0.07% | +10,592 | New |
| Rafferty Asset Management, LLC | 10,848 | $471.2K | 0.00% | −272−2.4% | Reduced |
| State of Wisconsin Investment Board | 11,135 | $483.7K | 0.00% | −240−2.1% | Reduced |
| Engineers Gate Manager LP | 11,222 | $487.5K | 0.01% | +1,648+17.2% | Added |
| Allianz Asset Management GmbH | 11,732 | $509.6K | 0.00% | −80,847−87.3% | Reduced |
| Janney Montgomery Scott LLC | 11,866 | $515.0K | 0.00% | +20.0% | Added |
| HRT Financial LP | 11,921 | $517.0K | 0.00% | −3,310−21.7% | Reduced |
| Shakespeare Wealth Management, Inc. | 12,194 | $529.7K | 0.14% | −374−3.0% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 12,446 | $540.7K | 0.02% | +2,273+22.3% | Added |
| FMR LLC | 12,529 | $544.3K | 0.00% | −1,948−13.5% | Reduced |
| STRS Ohio | 12,900 | $560.4K | 0.00% | −900−6.5% | Reduced |
| Jacobs Levy Equity Management, Inc | 13,426 | $583.2K | 0.00% | −269−2.0% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $586.4K | 0.05% | 00.0% | Unchanged |
| Cubist Systematic Strategies, LLC | 13,894 | $603.6K | 0.01% | +9,010+184.5% | Added |
| LPL Financial LLC | 14,013 | $608.8K | 0.00% | +3,172+29.3% | Added |
| Bailard, Inc. | 14,201 | $616.9K | 0.02% | −600−4.1% | Reduced |
| Marshall Wace, LLP | 14,289 | $620.7K | 0.00% | +14,289 | New |
| California State Teachers Retirement System | 14,375 | $624.5K | 0.00% | 00.0% | Unchanged |
| Elizabeth Park Capital Advisors, Ltd. | 14,470 | $628.6K | 0.57% | +14,470 | New |
| Gsa Capital Partners LLP | 15,191 | $660.0K | 0.06% | +7,720+103.3% | Added |
| Deutsche Bank AG | 15,205 | $660.5K | 0.00% | −1,417−8.5% | Reduced |
| Balyasny Asset Management LLC | 15,278 | $663.7K | 0.00% | +15,278 | New |
| Alliancebernstein L.P. | 15,361 | $667.3K | 0.00% | 00.0% | Unchanged |
| Jane Street Group, LLC | 15,952 | $693.0K | 0.00% | +2,772+21.0% | Added |
| Two Sigma Advisers, LP | 16,284 | $707.4K | 0.00% | +3,600+28.4% | Added |
| Wedge Capital Management L L P | 16,968 | $737.1K | 0.01% | +2,922+20.8% | Added |
| Victory Capital Management Inc | 17,016 | $739.2K | 0.00% | −534−3.0% | Reduced |
| Legal & General Group Plc | 17,171 | $745.9K | 0.00% | +1,605+10.3% | Added |
| Lazard Asset Management LLC | 17,756 | $769.0K | 0.00% | +5,317+42.7% | Added |
| Franklin Resources Inc | 17,742 | $770.7K | 0.00% | +7,619+75.3% | Added |
| Baird Financial Group, Inc. | 17,745 | $770.8K | 0.00% | −120−0.7% | Reduced |
| Los Angeles Capital Management LLC | 17,846 | $775.2K | 0.00% | −2,590−12.7% | Reduced |
| Citigroup Inc | 18,340 | $796.7K | 0.00% | −1,971−9.7% | Reduced |
| Round Hill Asset Management | 18,607 | $808.3K | 0.58% | −800−4.1% | Reduced |
| Teacher Retirement System of Texas | 18,688 | $811.8K | 0.00% | −11,833−38.8% | Reduced |
| Squarepoint Ops LLC | 20,577 | $893.9K | 0.00% | +15,840+334.4% | Added |
| Cerity Partners LLC | 21,471 | $932.7K | 0.00% | +25+0.1% | Added |
| Credit Agricole S A | 22,442 | $974.9K | 0.00% | +9,622+75.1% | Added |
| Buckingham Strategic Partners | 22,577 | $980.8K | 0.01% | +364+1.6% | Added |
| Wakefield Asset Management LLLP | 22,833 | $991.9K | 0.30% | +22,833 | New |
| Creative Planning | 23,054 | $1.00M | 0.00% | +2,136+10.2% | Added |
| Susquehanna International Group, LLP | 23,768 | $1.03M | 0.00% | +14,523+157.1% | Added |
| Rhumbline Advisers | 24,272 | $1.05M | 0.00% | −1,147−4.5% | Reduced |
| UBS Asset Management Americas Inc | 28,118 | $1.22M | 0.00% | −388−1.4% | Reduced |
| UBS Group AG | 28,258 | $1.23M | 0.00% | −1,408−4.7% | Reduced |
| Thrivent Financial for Lutherans | 29,657 | $1.29M | 0.00% | +757+2.6% | Added |
| Swiss National Bank | 29,900 | $1.30M | 0.00% | 00.0% | Unchanged |
| Barclays PLC | 31,465 | $1.37M | 0.00% | −8,413−21.1% | Reduced |
| Raymond James Financial Inc | 31,715 | $1.38M | 0.00% | +437+1.4% | Added |
| Pathstone Holdings, LLC | 35,117 | $1.53M | 0.01% | +1,725+5.2% | Added |
| LaFleur & Godfrey LLC | 35,290 | $1.53M | 0.21% | +70.0% | Added |
| Brandywine Global Investment Management, LLC | 37,147 | $1.61M | 0.01% | −1,510−3.9% | Reduced |
| Wells Fargo & Company | 37,494 | $1.63M | 0.00% | −7,308−16.3% | Reduced |
| Bank of America Corp | 37,844 | $1.64M | 0.00% | −1,415−3.6% | Reduced |
| Two Sigma Investments, LP | 38,676 | $1.68M | 0.00% | +7,831+25.4% | Added |
| Invesco Ltd. | 38,941 | $1.69M | 0.00% | −1,348−3.3% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $1.95M | 1.97% | 00.0% | Unchanged |
| SG Americas Securities, LLC | 46,093 | $2.00M | 0.01% | +33,956+279.8% | Added |
| Tudor Investment Corp Et Al | 50,587 | $2.20M | 0.02% | +3,424+7.3% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 57,294 | $2.49M | 0.01% | +11,425+24.9% | Added |
| Envestnet Asset Management Inc | 57,603 | $2.50M | 0.00% | +446+0.8% | Added |
| Empowered Funds, LLC | 57,731 | $2.51M | 0.04% | +2,255+4.1% | Added |
| jvl associates llc | 62,033 | $2.69M | 1.09% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 62,336 | $2.71M | 0.00% | +16,588+36.3% | Added |
| Qube Research & Technologies Ltd | 64,751 | $2.81M | 0.00% | +3,672+6.0% | Added |
| Millennium Management LLC | 66,303 | $2.88M | 0.00% | −66,474−50.1% | Reduced |
| Royal Bank of Canada | 68,824 | $2.99M | 0.00% | +3,621+5.6% | Added |
| De Lisle Partners LLP | 71,290 | $3.10M | 0.51% | 00.0% | Unchanged |
| Arrowstreet Capital, Limited Partnership | 71,932 | $3.12M | 0.00% | +1,889+2.7% | Added |
| Nuveen, LLC | 73,881 | $3.21M | 0.00% | +73,881 | New |
| Maltese Capital Management LLC | 85,698 | $3.72M | 0.61% | +18,198+27.0% | Added |
| JPMorgan Chase & Co | 90,081 | $3.91M | 0.00% | −32,451−26.5% | Reduced |
| AQR Capital Management LLC | 92,045 | $4.00M | 0.00% | +16,092+21.2% | Added |
| Bank of New York Mellon Corp | 94,702 | $4.11M | 0.00% | −604−0.6% | Reduced |
| Goldman Sachs Group Inc | 96,275 | $4.18M | 0.00% | −31,452−24.6% | Reduced |
| Morgan Stanley | 104,380 | $4.53M | 0.00% | −22,374−17.7% | Reduced |
| Bridgeway Capital Management, LLC | 105,031 | $4.56M | 0.11% | +2,255+2.2% | Added |
| Mercer Global Advisors Inc | 105,756 | $4.59M | 0.01% | +371+0.4% | Added |
| Charles Schwab Investment Management Inc | 128,885 | $5.60M | 0.00% | −61,077−32.2% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 131,310 | $5.70M | 0.02% | +55,290+72.7% | Added |
| ProShare Advisors LLC | 158,772 | $6.90M | 0.02% | +2,091+1.3% | Added |
| Northern Trust Corp | 181,587 | $7.89M | 0.00% | −8,903−4.7% | Reduced |
| Banc Funds Co LLC | 215,452 | $9.36M | 1.23% | −29,000−11.9% | Reduced |
| Tributary Capital Management, LLC | 277,821 | $12.1M | 1.05% | −9,666−3.4% | Reduced |
| LSV Asset Management | 321,486 | $14.0M | 0.03% | +34,776+12.1% | Added |
| North Star Asset Management Inc | 359,328 | $15.6M | 0.71% | −1170.0% | Reduced |
| Geode Capital Management, LLC | 388,283 | $16.9M | 0.00% | +11,376+3.0% | Added |
| American Century Companies Inc | 426,625 | $18.5M | 0.01% | +36,677+9.4% | Added |
| State Street Corp | 454,377 | $19.7M | 0.00% | −14,541−3.1% | Reduced |
| Renaissance Technologies LLC | 508,391 | $22.1M | 0.03% | −2,422−0.5% | Reduced |
| Vanguard Group Inc | 1,017,076 | $44.2M | 0.00% | +147,299+16.9% | Added |
| Dimensional Fund Advisors LP | 1,075,747 | $46.7M | 0.01% | −31,213−2.8% | Reduced |
| BlackRock, Inc. | 1,590,901 | $69.1M | 0.00% | −24,532−1.5% | Reduced |
| Proequities, Inc. | 0 | $0 | 0.00% | −21−100.0% | Sold out |
| Assenagon Asset Management S.A. | 0 | $0 | 0.00% | −81,942−100.0% | Sold out |
| Cornercap Investment Counsel Inc | 0 | $0 | 0.00% | −14,206−100.0% | Sold out |
| Trust Point Inc. | 0 | $0 | 0.00% | −5,685−100.0% | Sold out |
| Inceptionr LLC | 0 | $0 | 0.00% | −5,676−100.0% | Sold out |
| Intellus Advisors LLC | 0 | $0 | 0.00% | −5,466−100.0% | Sold out |