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 |
|---|---|---|---|---|---|
| Quantinno Capital Management LP | 9,585 | $444.8K | 0.00% | +4,133+75.8% | Added |
| State of Wisconsin Investment Board | 10,059 | $466.8K | 0.00% | −1,076−9.7% | Reduced |
| MetLife Investment Management | 10,062 | $467.0K | 0.00% | +995+11.0% | Added |
| Allspring Global Investments Holdings, LLC | 10,369 | $481.2K | 0.00% | +3,742+56.5% | Added |
| First Trust Advisors LP | 10,438 | $484.4K | 0.00% | +679+7.0% | Added |
| Jane Street Group, LLC | 10,521 | $488.3K | 0.00% | −5,431−34.0% | Reduced |
| Moneta Group Investment Advisors LLC | 11,312 | $525.0K | 0.01% | +2,696+31.3% | Added |
| Janney Montgomery Scott LLC | 11,572 | $537.0K | 0.00% | −294−2.5% | Reduced |
| Engineers Gate Manager LP | 11,579 | $537.4K | 0.01% | +357+3.2% | Added |
| Allianz Asset Management GmbH | 11,732 | $544.5K | 0.00% | 00.0% | Unchanged |
| Man Group plc | 12,005 | $557.2K | 0.00% | +1,998+20.0% | Added |
| Shakespeare Wealth Management, Inc. | 12,194 | $565.9K | 0.15% | 00.0% | Unchanged |
| Citigroup Inc | 12,767 | $592.5K | 0.00% | −5,573−30.4% | Reduced |
| Deutsche Bank AG | 12,884 | $597.9K | 0.00% | −2,321−15.3% | Reduced |
| Ieq Capital, LLC | 13,162 | $610.8K | 0.00% | +7,939+152.0% | Added |
| STRS Ohio | 13,300 | $617.3K | 0.00% | +400+3.1% | Added |
| Teacher Retirement System of Texas | 13,306 | $617.5K | 0.00% | −5,382−28.8% | Reduced |
| Jacobs Levy Equity Management, Inc | 13,397 | $621.8K | 0.00% | −29−0.2% | Reduced |
| Balyasny Asset Management LLC | 13,431 | $623.3K | 0.00% | −1,847−12.1% | Reduced |
| Regal Investment Advisors LLC | 13,500 | $626.5K | 0.05% | 00.0% | Unchanged |
| California State Teachers Retirement System | 14,200 | $659.0K | 0.00% | −175−1.2% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 14,292 | $663.3K | 0.02% | +4,203+41.7% | Added |
| LPL Financial LLC | 14,674 | $681.1K | 0.00% | +661+4.7% | Added |
| Los Angeles Capital Management LLC | 14,741 | $684.1K | 0.00% | −3,105−17.4% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 15,112 | $701.3K | 0.03% | +2,666+21.4% | Added |
| Two Sigma Advisers, LP | 15,384 | $714.0K | 0.00% | −900−5.5% | Reduced |
| Squarepoint Ops LLC | 15,717 | $729.4K | 0.00% | −4,860−23.6% | Reduced |
| Chicago Trust Co NA | 15,811 | $733.8K | 0.10% | +15,811 | New |
| Lazard Asset Management LLC | 16,091 | $745.0K | 0.00% | −1,665−9.4% | Reduced |
| Bailard, Inc. | 16,101 | $747.2K | 0.02% | +1,900+13.4% | Added |
| Trexquant Investment LP | 16,539 | $767.6K | 0.01% | +6,893+71.5% | Added |
| Wedge Capital Management L L P | 16,968 | $787.5K | 0.01% | 00.0% | Unchanged |
| Baird Financial Group, Inc. | 17,745 | $823.5K | 0.00% | 00.0% | Unchanged |
| Franklin Resources Inc | 17,760 | $824.2K | 0.00% | +18+0.1% | Added |
| Legal & General Group Plc | 18,364 | $852.3K | 0.00% | +1,193+6.9% | Added |
| Victory Capital Management Inc | 18,406 | $854.2K | 0.00% | +1,390+8.2% | Added |
| Round Hill Asset Management | 18,607 | $863.6K | 0.58% | 00.0% | Unchanged |
| Creative Planning | 20,971 | $973.2K | 0.00% | −2,083−9.0% | Reduced |
| UBS Group AG | 21,439 | $995.0K | 0.00% | −6,819−24.1% | Reduced |
| Alliancebernstein L.P. | 21,545 | $999.9K | 0.00% | +6,184+40.3% | Added |
| Cerity Partners LLC | 21,779 | $1.01M | 0.00% | +308+1.4% | Added |
| Gsa Capital Partners LLP | 21,964 | $1.02M | 0.07% | +6,773+44.6% | Added |
| Wakefield Asset Management LLLP | 22,657 | $1.05M | 0.29% | −176−0.8% | Reduced |
| Buckingham Strategic Partners | 22,877 | $1.06M | 0.01% | +300+1.3% | Added |
| Susquehanna International Group, LLP | 22,889 | $1.06M | 0.00% | −879−3.7% | Reduced |
| Verition Fund Management LLC | 25,344 | $1.18M | 0.01% | +16,846+198.2% | Added |
| Rhumbline Advisers | 25,623 | $1.19M | 0.00% | +1,351+5.6% | Added |
| Thrivent Financial for Lutherans | 29,785 | $1.38M | 0.00% | +128+0.4% | Added |
| Swiss National Bank | 29,900 | $1.39M | 0.00% | 00.0% | Unchanged |
| Bank of America Corp | 30,089 | $1.40M | 0.00% | −7,755−20.5% | Reduced |
| Invesco Ltd. | 32,224 | $1.50M | 0.00% | −6,717−17.2% | Reduced |
| Pathstone Holdings, LLC | 35,075 | $1.63M | 0.01% | −42−0.1% | Reduced |
| Raymond James Financial Inc | 35,276 | $1.64M | 0.00% | +3,561+11.2% | Added |
| LaFleur & Godfrey LLC | 35,296 | $1.64M | 0.20% | +60.0% | Added |
| Brandywine Global Investment Management, LLC | 35,747 | $1.66M | 0.01% | −1,400−3.8% | Reduced |
| Two Sigma Investments, LP | 37,165 | $1.72M | 0.00% | −1,511−3.9% | Reduced |
| Barclays PLC | 39,461 | $1.83M | 0.00% | +7,996+25.4% | Added |
| Wells Fargo & Company | 39,503 | $1.83M | 0.00% | +2,009+5.4% | Added |
| SG Americas Securities, LLC | 40,042 | $1.86M | 0.01% | −6,051−13.1% | Reduced |
| UBS Asset Management Americas Inc | 41,970 | $1.95M | 0.00% | +13,852+49.3% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.09M | 2.10% | 00.0% | Unchanged |
| Tudor Investment Corp Et Al | 51,972 | $2.41M | 0.02% | +1,385+2.7% | Added |
| Qube Research & Technologies Ltd | 52,195 | $2.42M | 0.00% | −12,556−19.4% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 56,398 | $2.62M | 0.01% | −896−1.6% | Reduced |
| Royal Bank of Canada | 60,011 | $2.79M | 0.00% | −8,813−12.8% | Reduced |
| Empowered Funds, LLC | 60,342 | $2.80M | 0.03% | +2,611+4.5% | Added |
| jvl associates llc | 61,956 | $2.88M | 1.03% | −77−0.1% | Reduced |
| Nuveen, LLC | 68,900 | $3.20M | 0.00% | −4,981−6.7% | Reduced |
| Ameriprise Financial Inc | 70,082 | $3.25M | 0.00% | +7,746+12.4% | Added |
| Arrowstreet Capital, Limited Partnership | 71,576 | $3.32M | 0.00% | −356−0.5% | Reduced |
| De Lisle Partners LLP | 74,290 | $3.44M | 0.49% | +3,000+4.2% | Added |
| Envestnet Asset Management Inc | 79,031 | $3.67M | 0.00% | +21,428+37.2% | Added |
| Goldman Sachs Group Inc | 81,379 | $3.78M | 0.00% | −14,896−15.5% | Reduced |
| Bank of New York Mellon Corp | 95,512 | $4.43M | 0.00% | +810+0.9% | Added |
| Maltese Capital Management LLC | 100,000 | $4.64M | 0.65% | +14,302+16.7% | Added |
| Mercer Global Advisors Inc | 106,393 | $4.94M | 0.01% | +637+0.6% | Added |
| Bridgeway Capital Management, LLC | 107,642 | $5.00M | 0.12% | +2,611+2.5% | Added |
| AQR Capital Management LLC | 109,518 | $5.08M | 0.00% | +17,473+19.0% | Added |
| Morgan Stanley | 113,777 | $5.28M | 0.00% | +9,397+9.0% | Added |
| Charles Schwab Investment Management Inc | 132,851 | $6.17M | 0.00% | +3,966+3.1% | Added |
| ProShare Advisors LLC | 138,480 | $6.43M | 0.01% | −20,292−12.8% | Reduced |
| Hotchkis & Wiley Capital Management LLC | 147,340 | $6.84M | 0.02% | +16,030+12.2% | Added |
| Millennium Management LLC | 148,010 | $6.87M | 0.01% | +81,707+123.2% | Added |
| JPMorgan Chase & Co | 155,904 | $7.24M | 0.00% | +65,823+73.1% | Added |
| Northern Trust Corp | 176,536 | $8.19M | 0.00% | −5,051−2.8% | Reduced |
| Banc Funds Co LLC | 195,152 | $9.06M | 1.37% | −20,300−9.4% | Reduced |
| Tributary Capital Management, LLC | 258,209 | $12.0M | 1.06% | −19,612−7.1% | Reduced |
| LSV Asset Management | 318,186 | $14.8M | 0.03% | −3,300−1.0% | Reduced |
| North Star Asset Management Inc | 356,538 | $16.5M | 0.70% | −2,790−0.8% | Reduced |
| Geode Capital Management, LLC | 405,863 | $18.8M | 0.00% | +17,580+4.5% | Added |
| State Street Corp | 429,584 | $19.9M | 0.00% | −24,793−5.5% | Reduced |
| American Century Companies Inc | 452,827 | $21.0M | 0.01% | +26,202+6.1% | Added |
| Renaissance Technologies LLC | 485,313 | $22.5M | 0.03% | −23,078−4.5% | Reduced |
| Vanguard Group Inc | 1,039,359 | $48.2M | 0.00% | +22,283+2.2% | Added |
| Dimensional Fund Advisors LP | 1,062,762 | $49.3M | 0.01% | −12,985−1.2% | Reduced |
| BlackRock, Inc. | 1,507,431 | $70.0M | 0.00% | −83,470−5.2% | Reduced |
| Elizabeth Park Capital Advisors, Ltd. | 0 | $0 | 0.00% | −14,470−100.0% | Sold out |
| Dynamic Technology Lab Private Ltd | 0 | $0 | 0.00% | −10,592−100.0% | Sold out |
| Magnetar Financial LLC | 0 | $0 | 0.00% | −9,975−100.0% | Sold out |
| Principal Financial Group Inc | 0 | $0 | 0.00% | −9,675−100.0% | Sold out |