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, 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
- 10.4M
- +38.7K (+0.4%) vs. Q1 2025
- Total value
- $484.0M
- +$32.7M (+7.2%) 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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| TFC Financial Management | 1 | $47 | 0.00% | 00.0% | Unchanged |
| Twin Peaks Wealth Advisors, LLC | 8 | $372 | 0.00% | +8 | New |
| Massmutual Trust Co FSB | 12 | $557 | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 15 | $696 | 0.00% | −30−66.7% | Reduced |
| Covestor Ltd | 18 | $1.00K | 0.00% | −11−37.9% | Reduced |
| MAI Capital Management | 32 | $1.49K | 0.00% | +32 | New |
| Ameriflex Group, Inc. | 41 | $1.88K | 0.00% | 00.0% | Unchanged |
| Skopos Labs, Inc. | 41 | $1.90K | 0.00% | +41 | New |
| Global Retirement Partners, LLC | 42 | $1.95K | 0.00% | +42 | New |
| Principal Securities, Inc. | 51 | $2.37K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 51 | $2.37K | 0.00% | +51 | New |
| True Wealth Design, LLC | 59 | $2.74K | 0.00% | +52+742.9% | Added |
| Signaturefd, LLC | 61 | $2.83K | 0.00% | −37−37.8% | Reduced |
| GWM Advisors LLC | 62 | $2.88K | 0.00% | 00.0% | Unchanged |
| SRS Capital Advisors, Inc. | 84 | $3.90K | 0.00% | 00.0% | Unchanged |
| Parallel Advisors, LLC | 87 | $4.04K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 89 | $4.13K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 101 | $4.69K | 0.00% | +84+494.1% | Added |
| Meeder Asset Management Inc | 137 | $6.36K | 0.00% | +137 | New |
| N.E.W. Advisory Services LLC | 150 | $6.96K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 172 | $8.00K | 0.00% | −319−65.0% | Reduced |
| Ronald Blue Trust, Inc. | 191 | $8.86K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 219 | $10.2K | 0.00% | −301−57.9% | Reduced |
| EverSource Wealth Advisors, LLC | 237 | $11.0K | 0.00% | +196+478.0% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 233 | $11.0K | 0.00% | +233 | New |
| Versant Capital Management, Inc | 243 | $11.3K | 0.00% | −90−27.0% | Reduced |
| Umb Bank N A | 253 | $11.7K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $13.1K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 352 | $16.3K | 0.00% | +180+104.7% | Added |
| Jones Financial Companies LLLP | 388 | $18.0K | 0.00% | 00.0% | Unchanged |
| Trust Co of Toledo NA | 403 | $18.7K | 0.00% | +403 | New |
| Essential Partners LLC | 488 | $22.6K | 0.01% | +488 | New |
| Amalgamated Bank | 528 | $25.0K | 0.00% | 00.0% | Unchanged |
| First Horizon Advisors, Inc. | 639 | $29.7K | 0.00% | −256−28.6% | Reduced |
| CIBC Private Wealth Group, LLC | 713 | $33.1K | 0.00% | 00.0% | Unchanged |
| Fifth Third Bancorp | 755 | $35.0K | 0.00% | 00.0% | Unchanged |
| Ameritas Advisory Services, LLC | 900 | $41.8K | 0.00% | +900 | New |
| Virtus ETF Advisers LLC | 902 | $41.9K | 0.03% | −6,379−87.6% | Reduced |
| Farther Finance Advisors, LLC | 1,157 | $53.7K | 0.00% | +1,157 | New |
| The PNC Financial Services Group, Inc. | 1,314 | $61.0K | 0.00% | −61−4.4% | Reduced |
| Ameritas Investment Partners, Inc. | 1,548 | $71.8K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 1,660 | $77.0K | 0.00% | −2,797−62.8% | Reduced |
| Oliver Lagore Vanvalin Investment Group | 1,842 | $80.0K | 0.03% | +1,842 | New |
| Tower Research Capital LLC (TRC) | 1,762 | $81.8K | 0.00% | −1,554−46.9% | Reduced |
| Nisa Investment Advisors, LLC | 1,965 | $91.2K | 0.00% | 00.0% | Unchanged |
| Advisor Group Holdings, Inc. | 2,010 | $93.4K | 0.00% | +28+1.4% | Added |
| Point72 Asset Management, L.P. | 2,057 | $95.5K | 0.00% | −744−26.6% | Reduced |
| KLP Kapitalforvaltning AS | 3,000 | $139.2K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 3,024 | $140.0K | 0.00% | +179+6.3% | Added |
| Public Employees Retirement System of Ohio | 3,104 | $144.1K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $144.2K | 0.00% | 00.0% | Unchanged |
| EMC Capital Management | 3,309 | $154.0K | 0.08% | +1,432+76.3% | Added |
| Police & Firemen's Retirement System of New Jersey | 3,839 | $178.2K | 0.00% | +601+18.6% | Added |
| Huntington National Bank | 3,997 | $185.5K | 0.00% | −11−0.3% | Reduced |
| Quantbot Technologies LP | 4,370 | $202.8K | 0.01% | +3,128+251.9% | Added |
| State Board of Administration of Florida Retirement System | 4,400 | $204.2K | 0.00% | +4,400 | New |
| Arizona State Retirement System | 4,429 | $205.6K | 0.00% | +4,429 | New |
| BNP Paribas Arbitrage, SA | 4,469 | $207.4K | 0.00% | −2,131−32.3% | Reduced |
| New York State Common Retirement Fund | 4,732 | $219.6K | 0.00% | 00.0% | Unchanged |
| MML Investors Services, LLC | 4,754 | $221.0K | 0.00% | −338−6.6% | Reduced |
| 626 Financial, LLC | 4,876 | $226.3K | 0.11% | 00.0% | Unchanged |
| US Bancorp | 4,900 | $227.4K | 0.00% | −1,244−20.2% | Reduced |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 4,975 | $230.9K | 0.00% | +4,975 | New |
| Voya Investment Management LLC | 5,020 | $233.0K | 0.00% | +70+1.4% | Added |
| Wealth Enhancement Advisory Services, LLC | 4,760 | $237.1K | 0.00% | +4,760 | New |
| EP Wealth Advisors, LLC | 5,135 | $238.3K | 0.00% | −16−0.3% | Reduced |
| DekaBank Deutsche Girozentrale | 5,407 | $248.0K | 0.00% | 00.0% | Unchanged |
| Pitcairn Co | 5,400 | $250.6K | 0.02% | −1,272−19.1% | Reduced |
| Marshall Wace, LLP | 5,555 | $257.8K | 0.00% | −8,734−61.1% | Reduced |
| West Michigan Advisors, LLC | 5,887 | $273.2K | 0.08% | 00.0% | Unchanged |
| Quest Partners LLC | 5,941 | $275.7K | 0.03% | +3,015+103.0% | Added |
| Manufacturers Life Insurance Company, The | 6,023 | $279.5K | 0.00% | +475+8.6% | Added |
| SEI Investments Co | 6,107 | $283.4K | 0.00% | 00.0% | Unchanged |
| Citadel Advisors LLC | 6,114 | $283.8K | 0.00% | −1,932−24.0% | Reduced |
| HighTower Advisors, LLC | 6,347 | $294.6K | 0.00% | +4+0.1% | Added |
| Prudential Financial Inc | 6,091 | $296.4K | 0.00% | +6,091 | New |
| Comerica Bank | 6,419 | $297.9K | 0.00% | +449+7.5% | Added |
| EntryPoint Capital, LLC | 6,572 | $305.0K | 0.15% | +1,428+27.8% | Added |
| CWM, LLC | 6,645 | $308.0K | 0.00% | +1,366+25.9% | Added |
| Stifel Financial Corp | 6,653 | $308.8K | 0.00% | 00.0% | Unchanged |
| Janus Henderson Group PLC | 6,739 | $312.4K | 0.00% | 00.0% | Unchanged |
| Intech Investment Management LLC | 6,860 | $318.4K | 0.00% | −3,654−34.8% | Reduced |
| Zacks Investment Management | 6,954 | $322.7K | 0.00% | −921−11.7% | Reduced |
| Federated Hermes, Inc. | 7,178 | $333.1K | 0.00% | +309+4.5% | Added |
| Russell Investments Group, Ltd. | 7,214 | $334.8K | 0.00% | +1,600+28.5% | Added |
| Cubist Systematic Strategies, LLC | 7,259 | $336.9K | 0.00% | −6,635−47.8% | Reduced |
| First National Bank of Omaha | 7,579 | $351.7K | 0.02% | −191−2.5% | Reduced |
| FMR LLC | 7,702 | $357.4K | 0.00% | −4,827−38.5% | Reduced |
| HRT Financial LP | 7,936 | $368.0K | 0.00% | −3,985−33.4% | Reduced |
| D. E. Shaw & Co., Inc. | 7,944 | $368.7K | 0.00% | −1,147−12.6% | Reduced |
| Price T Rowe Associates Inc | 7,949 | $369.0K | 0.00% | +1,059+15.4% | Added |
| HSBC Holdings PLC | 7,911 | $369.7K | 0.00% | −2,197−21.7% | Reduced |
| Alps Advisors Inc | 8,176 | $379.4K | 0.00% | +99+1.2% | Added |
| CWM Advisors, LLC | 8,382 | $389.0K | 0.04% | +495+6.3% | Added |
| Sterling Capital Management LLC | 8,422 | $390.9K | 0.01% | +151+1.8% | Added |
| Rafferty Asset Management, LLC | 8,426 | $391.1K | 0.00% | −2,422−22.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 8,704 | $404.0K | 0.00% | −656−7.0% | Reduced |
| Strategies Wealth Advisors, LLC | 8,991 | $417.3K | 0.05% | +41+0.5% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $426.5K | 0.02% | 00.0% | Unchanged |
| State of Tennessee, Treasury Department | 9,445 | $438.3K | 0.00% | +9,445 | New |