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