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