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 $691.2M in total; no superinvestor holds it.
13F holders, Q2 2025
Institutional positions in Mercantile Bank Corp as of Jun 30, 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
- 196
- +4 vs. Q1 2025
- Shares held
- 10.5M
- +93.7K (+0.9%) vs. Q1 2025
- Total value
- $486.7M
- +$35.2M (+7.8%) vs. Q1 2025
- New holders
- 19
- 70 more added
- Sold out
- 15
- 70 more reduced
2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2025: 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 | $691.2M |
| Q1 2026 | 201 | $590.5M |
| Q4 2025 | 192 | $515.6M |
| Q3 2025 | 200 | $487.4M |
| Q2 2025 | 196 | $486.7M |
| Q1 2025 | 194 | $452.5M |
| Q4 2024 | 178 | $457.6M |
| Q3 2024 | 161 | $439.4M |
| Q2 2024 | 162 | $401.6M |
| Q1 2024 | 155 | $384.1M |
| Q4 2023 | 141 | $388.5M |
| Q3 2023 | 133 | $283.3M |
| Q2 2023 | 118 | $250.4M |
| Q1 2023 | 128 | $280.5M |
| Q4 2022 | 130 | $300.2M |
| Q3 2022 | 125 | $261.6M |
| Q2 2022 | 129 | $283.0M |
| Q1 2022 | 122 | $307.7M |
| Q4 2021 | 120 | $297.6M |
| Q3 2021 | 116 | $268.9M |
| Q2 2021 | 112 | $259.9M |
| Q1 2021 | 116 | $288.4M |
Institutions, Q2 2025
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,507,431 | $70.0M | 0.00% | −83,470−5.2% | Reduced |
| Dimensional Fund Advisors LP | 1,062,762 | $49.3M | 0.01% | −12,985−1.2% | Reduced |
| Vanguard Group Inc | 1,039,359 | $48.2M | 0.00% | +22,283+2.2% | Added |
| Renaissance Technologies LLC | 485,313 | $22.5M | 0.03% | −23,078−4.5% | Reduced |
| American Century Companies Inc | 452,827 | $21.0M | 0.01% | +26,202+6.1% | Added |
| State Street Corp | 429,584 | $19.9M | 0.00% | −24,793−5.5% | Reduced |
| Geode Capital Management, LLC | 405,863 | $18.8M | 0.00% | +17,580+4.5% | Added |
| North Star Asset Management Inc | 356,538 | $16.5M | 0.70% | −2,790−0.8% | Reduced |
| LSV Asset Management | 318,186 | $14.8M | 0.03% | −3,300−1.0% | Reduced |
| Tributary Capital Management, LLC | 258,209 | $12.0M | 1.06% | −19,612−7.1% | Reduced |
| Banc Funds Co LLC | 195,152 | $9.06M | 1.37% | −20,300−9.4% | Reduced |
| Northern Trust Corp | 176,536 | $8.19M | 0.00% | −5,051−2.8% | Reduced |
| JPMorgan Chase & Co | 155,904 | $7.24M | 0.00% | +65,823+73.1% | Added |
| Millennium Management LLC | 148,010 | $6.87M | 0.01% | +81,707+123.2% | Added |
| Hotchkis & Wiley Capital Management LLC | 147,340 | $6.84M | 0.02% | +16,030+12.2% | Added |
| ProShare Advisors LLC | 138,480 | $6.43M | 0.01% | −20,292−12.8% | Reduced |
| Charles Schwab Investment Management Inc | 132,851 | $6.17M | 0.00% | +3,966+3.1% | Added |
| Royal Bank of Canada | 120,022 | $5.57M | 0.00% | +51,198+74.4% | Added |
| Morgan Stanley | 113,777 | $5.28M | 0.00% | +9,397+9.0% | Added |
| AQR Capital Management LLC | 109,518 | $5.08M | 0.00% | +17,473+19.0% | Added |
| Bridgeway Capital Management, LLC | 107,642 | $5.00M | 0.12% | +2,611+2.5% | Added |
| Mercer Global Advisors Inc | 106,393 | $4.94M | 0.01% | +637+0.6% | Added |
| Maltese Capital Management LLC | 100,000 | $4.64M | 0.65% | +14,302+16.7% | Added |
| Bank of New York Mellon Corp | 95,512 | $4.43M | 0.00% | +810+0.9% | Added |
| Goldman Sachs Group Inc | 81,379 | $3.78M | 0.00% | −14,896−15.5% | Reduced |
| Envestnet Asset Management Inc | 79,031 | $3.67M | 0.00% | +21,428+37.2% | Added |
| De Lisle Partners LLP | 74,290 | $3.44M | 0.49% | +3,000+4.2% | Added |
| Arrowstreet Capital, Limited Partnership | 71,576 | $3.32M | 0.00% | −356−0.5% | Reduced |
| Ameriprise Financial Inc | 70,082 | $3.25M | 0.00% | +7,746+12.4% | Added |
| Nuveen, LLC | 68,900 | $3.20M | 0.00% | −4,981−6.7% | Reduced |
| jvl associates llc | 61,956 | $2.88M | 1.03% | −77−0.1% | Reduced |
| Empowered Funds, LLC | 60,342 | $2.80M | 0.03% | +2,611+4.5% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 56,398 | $2.62M | 0.01% | −896−1.6% | Reduced |
| Qube Research & Technologies Ltd | 52,195 | $2.42M | 0.00% | −12,556−19.4% | Reduced |
| Tudor Investment Corp Et Al | 51,972 | $2.41M | 0.02% | +1,385+2.7% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.09M | 2.10% | 00.0% | Unchanged |
| UBS Asset Management Americas Inc | 41,970 | $1.95M | 0.00% | +13,852+49.3% | Added |
| SG Americas Securities, LLC | 40,042 | $1.86M | 0.01% | −6,051−13.1% | Reduced |
| Wells Fargo & Company | 39,503 | $1.83M | 0.00% | +2,009+5.4% | Added |
| Barclays PLC | 39,461 | $1.83M | 0.00% | +7,996+25.4% | Added |
| Two Sigma Investments, LP | 37,165 | $1.72M | 0.00% | −1,511−3.9% | Reduced |
| Brandywine Global Investment Management, LLC | 35,747 | $1.66M | 0.01% | −1,400−3.8% | Reduced |
| LaFleur & Godfrey LLC | 35,296 | $1.64M | 0.20% | +60.0% | Added |
| Raymond James Financial Inc | 35,276 | $1.64M | 0.00% | +3,561+11.2% | Added |
| Pathstone Holdings, LLC | 35,075 | $1.63M | 0.01% | −42−0.1% | Reduced |
| Invesco Ltd. | 32,224 | $1.50M | 0.00% | −6,717−17.2% | Reduced |
| Bank of America Corp | 30,089 | $1.40M | 0.00% | −7,755−20.5% | Reduced |
| Swiss National Bank | 29,900 | $1.39M | 0.00% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 29,785 | $1.38M | 0.00% | +128+0.4% | Added |
| Rhumbline Advisers | 25,623 | $1.19M | 0.00% | +1,351+5.6% | Added |
| Verition Fund Management LLC | 25,344 | $1.18M | 0.01% | +16,846+198.2% | Added |
| Susquehanna International Group, LLP | 22,889 | $1.06M | 0.00% | −879−3.7% | Reduced |
| Buckingham Strategic Partners | 22,877 | $1.06M | 0.01% | +300+1.3% | Added |
| Wakefield Asset Management LLLP | 22,657 | $1.05M | 0.29% | −176−0.8% | Reduced |
| Gsa Capital Partners LLP | 21,964 | $1.02M | 0.07% | +6,773+44.6% | Added |
| Cerity Partners LLC | 21,779 | $1.01M | 0.00% | +308+1.4% | Added |
| Alliancebernstein L.P. | 21,545 | $999.9K | 0.00% | +6,184+40.3% | Added |
| UBS Group AG | 21,439 | $995.0K | 0.00% | −6,819−24.1% | Reduced |
| Creative Planning | 20,971 | $973.2K | 0.00% | −2,083−9.0% | Reduced |
| Round Hill Asset Management | 18,607 | $863.6K | 0.58% | 00.0% | Unchanged |
| Victory Capital Management Inc | 18,406 | $854.2K | 0.00% | +1,390+8.2% | Added |
| Legal & General Group Plc | 18,364 | $852.3K | 0.00% | +1,193+6.9% | Added |
| Franklin Resources Inc | 17,760 | $824.2K | 0.00% | +18+0.1% | Added |
| Baird Financial Group, Inc. | 17,745 | $823.5K | 0.00% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 16,968 | $787.5K | 0.01% | 00.0% | Unchanged |
| Trexquant Investment LP | 16,539 | $767.6K | 0.01% | +6,893+71.5% | Added |
| Bailard, Inc. | 16,101 | $747.2K | 0.02% | +1,900+13.4% | Added |
| Lazard Asset Management LLC | 16,091 | $745.0K | 0.00% | −1,665−9.4% | Reduced |
| Chicago Trust Co NA | 15,811 | $733.8K | 0.10% | +15,811 | New |
| Squarepoint Ops LLC | 15,717 | $729.4K | 0.00% | −4,860−23.6% | Reduced |
| Two Sigma Advisers, LP | 15,384 | $714.0K | 0.00% | −900−5.5% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 15,112 | $701.3K | 0.03% | +2,666+21.4% | Added |
| Los Angeles Capital Management LLC | 14,741 | $684.1K | 0.00% | −3,105−17.4% | Reduced |
| LPL Financial LLC | 14,674 | $681.1K | 0.00% | +661+4.7% | Added |
| Y-Intercept (Hong Kong) Ltd | 14,292 | $663.3K | 0.02% | +4,203+41.7% | Added |
| California State Teachers Retirement System | 14,200 | $659.0K | 0.00% | −175−1.2% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $626.5K | 0.05% | 00.0% | Unchanged |
| Balyasny Asset Management LLC | 13,431 | $623.3K | 0.00% | −1,847−12.1% | Reduced |
| Jacobs Levy Equity Management, Inc | 13,397 | $621.8K | 0.00% | −29−0.2% | Reduced |
| Teacher Retirement System of Texas | 13,306 | $617.5K | 0.00% | −5,382−28.8% | Reduced |
| STRS Ohio | 13,300 | $617.3K | 0.00% | +400+3.1% | Added |
| Ieq Capital, LLC | 13,162 | $610.8K | 0.00% | +7,939+152.0% | Added |
| Deutsche Bank AG | 12,884 | $597.9K | 0.00% | −2,321−15.3% | Reduced |
| Citigroup Inc | 12,767 | $592.5K | 0.00% | −5,573−30.4% | Reduced |
| Shakespeare Wealth Management, Inc. | 12,194 | $565.9K | 0.15% | 00.0% | Unchanged |
| Man Group plc | 12,005 | $557.2K | 0.00% | +1,998+20.0% | Added |
| Allianz Asset Management GmbH | 11,732 | $544.5K | 0.00% | 00.0% | Unchanged |
| Engineers Gate Manager LP | 11,579 | $537.4K | 0.01% | +357+3.2% | Added |
| Janney Montgomery Scott LLC | 11,572 | $537.0K | 0.00% | −294−2.5% | Reduced |
| Moneta Group Investment Advisors LLC | 11,312 | $525.0K | 0.01% | +2,696+31.3% | Added |
| Jane Street Group, LLC | 10,521 | $488.3K | 0.00% | −5,431−34.0% | Reduced |
| First Trust Advisors LP | 10,438 | $484.4K | 0.00% | +679+7.0% | Added |
| Allspring Global Investments Holdings, LLC | 10,369 | $481.2K | 0.00% | +3,742+56.5% | Added |
| MetLife Investment Management | 10,062 | $467.0K | 0.00% | +995+11.0% | Added |
| State of Wisconsin Investment Board | 10,059 | $466.8K | 0.00% | −1,076−9.7% | Reduced |
| Quantinno Capital Management LP | 9,585 | $444.8K | 0.00% | +4,133+75.8% | Added |
| State of Tennessee, Treasury Department | 9,445 | $438.3K | 0.00% | +9,445 | New |
| Azimuth Capital Investment Management LLC | 9,189 | $426.5K | 0.02% | 00.0% | Unchanged |
| Strategies Wealth Advisors, LLC | 8,991 | $417.3K | 0.05% | +41+0.5% | Added |
| Mirae Asset Global ETFs Holdings Ltd. | 8,704 | $404.0K | 0.00% | −656−7.0% | Reduced |