Mercantile Bank Corp

MBWM

Exchange: Nasdaq
Industry: State Commercial Banks
SEC CIK: 0001042729

SEC filings (opens in a new tab)

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.

Q3 2025 vs. Q2 2025

How the institutions holding Mercantile Bank Corp changed between Q2 2025 and Q3 2025.

All holders in Q3 2025 All holders in Q2 2025

13F holders of MBWM: Q2 2025 compared with Q3 2025
Measure	Q2 2025	Of which not filed for Q3 2025	Q3 2025	Change
Holders	196	3	200	+7
Shares	10.4M	7.62K	10.6M	+196.4K (+1.9%)
Value	$484.0M	$348.0K	$477.7M	−$5.87M (−1.2%)

3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so the changes leave them out.

New holders (22)

Institutions that held Mercantile Bank Corp at the end of Q3 2025 but not at the end of Q2 2025.

Institutions new to MBWM in Q3 2025
Institution	Shares	Value	% of portfolio
Credit Agricole S A	22,442	$1.01M	0.00%
Siena Capital Partners GP, LLC	20,000	$900.0K	0.26%
Dynamic Technology Lab Private Ltd	15,034	$677.0K	0.11%
LVM Capital Management Ltd	14,578	$656.0K	0.06%
ExodusPoint Capital Management, LP	11,854	$533.4K	0.01%
Panagora Asset Management Inc	11,621	$522.9K	0.00%
Voleon Capital Management LP	10,611	$477.5K	0.01%
Natixis Advisors, L.P.	10,083	$454.0K	0.00%
Semanteon Capital Management, LP	9,858	$443.6K	0.56%
Susquehanna Portfolio Strategies, LLC	9,111	$410.0K	0.01%
Mariner, LLC	6,001	$270.0K	0.00%
Acadian Asset Management LLC	791	$35.0K	0.00%
State of Alaska, Department of Revenue	651	$29.0K	0.00%
Quadrant Capital Group LLC	544	$24.5K	0.00%
Point72 Asia (Singapore) Pte. Ltd.	504	$22.7K	0.00%
Quarry LP	452	$20.3K	0.00%
Point72 Europe (London) LLP	176	$7.92K	0.00%
Optiver Holding B.V.	94	$4.23K	0.00%
Aster Capital Management (DIFC) Ltd	57	$2.56K	0.00%
Steward Partners Investment Advisory, LLC	31	$1.40K	0.00%
Smartleaf Asset Management LLC	5	$224	0.00%
Sunbelt Securities, Inc.	1	$45	0.00%

Sold out (15)

Institutions that held Mercantile Bank Corp at the end of Q2 2025 and filed for Q3 2025 without it.

Institutions that sold out of MBWM in Q3 2025
Institution	Shares, Q2 2025	Value, Q2 2025
Verition Fund Management LLC	25,344	$1.18M
Susquehanna International Group, LLP	22,889	$1.06M
Y-Intercept (Hong Kong) Ltd	14,292	$663.3K
Balyasny Asset Management LLC	13,431	$623.3K
State of Tennessee, Treasury Department	9,445	$438.3K
EntryPoint Capital, LLC	6,572	$305.0K
Citadel Advisors LLC	6,114	$283.8K
Voya Investment Management LLC	5,020	$233.0K
State Board of Administration of Florida Retirement System	4,400	$204.2K
Virtus ETF Advisers LLC	902	$41.9K
Ameritas Advisory Services, LLC	900	$41.8K
CIBC Private Wealth Group, LLC	713	$33.1K
Skopos Labs, Inc.	41	$1.90K
Ameriflex Group, Inc.	41	$1.88K
Twin Peaks Wealth Advisors, LLC	8	$372

Not filed for Q3 2025 yet (3)

Institutions that held Mercantile Bank Corp at the end of Q2 2025 and haven't filed a 13F for Q3 2025. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding MBWM in Q2 2025 that haven't filed for Q3 2025
Institution	Shares, Q2 2025	Value, Q2 2025
EP Wealth Advisors, LLC	5,135	$238.3K
Oliver Lagore Vanvalin Investment Group	1,842	$80.0K
First Horizon Advisors, Inc.	639	$29.7K