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, Q3 2025
Institutional positions in Mercantile Bank Corp as of Sep 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
- 200
- +7 vs. Q2 2025
- Shares held
- 10.6M
- +196.4K (+1.9%) vs. Q2 2025
- Total value
- $477.7M
- −$5.87M (−1.2%) vs. Q2 2025
- New holders
- 22
- 82 more added
- Sold out
- 15
- 62 more reduced
3 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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, Q3 2025
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| TFC Financial Management | 1 | $45 | 0.00% | 00.0% | Unchanged |
| Sunbelt Securities, Inc. | 1 | $45 | 0.00% | +1 | New |
| Smartleaf Asset Management LLC | 5 | $224 | 0.00% | +5 | New |
| Massmutual Trust Co FSB | 12 | $540 | 0.00% | 00.0% | Unchanged |
| Covestor Ltd | 12 | $1.00K | 0.00% | −6−33.3% | Reduced |
| MAI Capital Management | 28 | $1.26K | 0.00% | −4−12.5% | Reduced |
| Steward Partners Investment Advisory, LLC | 31 | $1.40K | 0.00% | +31 | New |
| Rothschild Investment LLC | 43 | $1.94K | 0.00% | +28+186.7% | Added |
| Principal Securities, Inc. | 51 | $2.29K | 0.00% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 57 | $2.56K | 0.00% | +57 | New |
| Global Retirement Partners, LLC | 58 | $2.61K | 0.00% | +16+38.1% | Added |
| GWM Advisors LLC | 62 | $2.79K | 0.00% | 00.0% | Unchanged |
| Signaturefd, LLC | 84 | $3.78K | 0.00% | +23+37.7% | Added |
| Parallel Advisors, LLC | 87 | $3.92K | 0.00% | 00.0% | Unchanged |
| Optiver Holding B.V. | 94 | $4.23K | 0.00% | +94 | New |
| True Wealth Design, LLC | 96 | $4.32K | 0.00% | +37+62.7% | Added |
| Meeder Asset Management Inc | 137 | $6.17K | 0.00% | 00.0% | Unchanged |
| Point72 (DIFC) Ltd | 141 | $6.34K | 0.00% | −31−18.0% | Reduced |
| N.E.W. Advisory Services LLC | 150 | $6.75K | 0.00% | 00.0% | Unchanged |
| Clearstead Advisors, LLC | 157 | $7.07K | 0.00% | +106+207.8% | Added |
| Point72 Europe (London) LLP | 176 | $7.92K | 0.00% | +176 | New |
| Ronald Blue Trust, Inc. | 193 | $8.66K | 0.00% | +2+1.0% | Added |
| Private Trust Co NA | 201 | $9.04K | 0.00% | +112+125.8% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 233 | $10.0K | 0.00% | 00.0% | Unchanged |
| GAMMA Investing LLC | 243 | $10.9K | 0.00% | +24+11.0% | Added |
| Allworth Financial LP | 243 | $10.9K | 0.00% | +142+140.6% | Added |
| Umb Bank N A | 253 | $11.4K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $12.7K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 388 | $17.5K | 0.00% | +36+10.2% | Added |
| Trust Co of Toledo NA | 403 | $18.1K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 452 | $20.3K | 0.00% | +215+90.7% | Added |
| Quarry LP | 452 | $20.3K | 0.00% | +452 | New |
| Versant Capital Management, Inc | 471 | $21.2K | 0.00% | +228+93.8% | Added |
| Tower Research Capital LLC (TRC) | 498 | $22.4K | 0.00% | −1,264−71.7% | Reduced |
| Point72 Asia (Singapore) Pte. Ltd. | 504 | $22.7K | 0.00% | +504 | New |
| Amalgamated Bank | 528 | $24.0K | 0.00% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 544 | $24.5K | 0.00% | +544 | New |
| State of Alaska, Department of Revenue | 651 | $29.0K | 0.00% | +651 | New |
| Fifth Third Bancorp | 755 | $34.0K | 0.00% | 00.0% | Unchanged |
| Acadian Asset Management LLC | 791 | $35.0K | 0.00% | +791 | New |
| Jones Financial Companies LLLP | 838 | $38.4K | 0.00% | +450+116.0% | Added |
| Essential Partners LLC | 910 | $41.0K | 0.01% | +422+86.5% | Added |
| Ameritas Investment Partners, Inc. | 1,327 | $59.7K | 0.00% | −221−14.3% | Reduced |
| The PNC Financial Services Group, Inc. | 1,394 | $62.7K | 0.00% | +80+6.1% | Added |
| Nisa Investment Advisors, LLC | 1,965 | $88.4K | 0.00% | 00.0% | Unchanged |
| Farther Finance Advisors, LLC | 2,041 | $91.8K | 0.00% | +884+76.4% | Added |
| KLP Kapitalforvaltning AS | 3,000 | $135.0K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 3,019 | $136.0K | 0.00% | −5−0.2% | Reduced |
| Public Employees Retirement System of Ohio | 3,104 | $139.7K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $139.8K | 0.00% | 00.0% | Unchanged |
| Aquatic Capital Management LLC | 3,235 | $145.6K | 0.00% | +1,575+94.9% | Added |
| EMC Capital Management | 3,309 | $149.0K | 0.07% | 00.0% | Unchanged |
| US Bancorp | 3,973 | $178.8K | 0.00% | −927−18.9% | Reduced |
| Huntington National Bank | 3,997 | $179.9K | 0.00% | 00.0% | Unchanged |
| Quantbot Technologies LP | 4,220 | $189.9K | 0.01% | −150−3.4% | Reduced |
| MML Investors Services, LLC | 4,472 | $201.2K | 0.00% | −282−5.9% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 4,537 | $204.2K | 0.00% | +698+18.2% | Added |
| Arizona State Retirement System | 4,549 | $204.7K | 0.00% | +120+2.7% | Added |
| Pitcairn Co | 4,573 | $205.8K | 0.02% | −827−15.3% | Reduced |
| New York State Common Retirement Fund | 4,732 | $212.9K | 0.00% | 00.0% | Unchanged |
| 626 Financial, LLC | 4,876 | $219.4K | 0.10% | 00.0% | Unchanged |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 5,324 | $239.6K | 0.00% | +349+7.0% | Added |
| DekaBank Deutsche Girozentrale | 5,407 | $240.0K | 0.00% | 00.0% | Unchanged |
| Manufacturers Life Insurance Company, The | 5,557 | $250.1K | 0.00% | −466−7.7% | Reduced |
| Point72 Asset Management, L.P. | 5,600 | $252.0K | 0.00% | +3,543+172.2% | Added |
| Quest Partners LLC | 5,694 | $256.2K | 0.02% | −247−4.2% | Reduced |
| West Michigan Advisors, LLC | 5,887 | $264.9K | 0.06% | 00.0% | Unchanged |
| Mariner, LLC | 6,001 | $270.0K | 0.00% | +6,001 | New |
| D. E. Shaw & Co., Inc. | 6,295 | $283.3K | 0.00% | −1,649−20.8% | Reduced |
| HighTower Advisors, LLC | 6,373 | $286.7K | 0.00% | +26+0.4% | Added |
| BNP Paribas Arbitrage, SA | 6,407 | $288.3K | 0.00% | +1,938+43.4% | Added |
| Prudential Financial Inc | 6,501 | $292.5K | 0.00% | +410+6.7% | Added |
| HSBC Holdings PLC | 6,578 | $294.8K | 0.00% | −1,333−16.8% | Reduced |
| State of Wisconsin Investment Board | 6,573 | $295.8K | 0.00% | −3,486−34.7% | Reduced |
| Cubist Systematic Strategies, LLC | 6,592 | $296.6K | 0.00% | −667−9.2% | Reduced |
| Squarepoint Ops LLC | 6,599 | $297.0K | 0.00% | −9,118−58.0% | Reduced |
| Stifel Financial Corp | 6,618 | $297.8K | 0.00% | −35−0.5% | Reduced |
| Janus Henderson Group PLC | 6,739 | $303.7K | 0.00% | 00.0% | Unchanged |
| HRT Financial LP | 6,907 | $310.0K | 0.00% | −1,029−13.0% | Reduced |
| SG Americas Securities, LLC | 7,279 | $328.0K | 0.00% | −32,763−81.8% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 7,381 | $332.1K | 0.00% | −1,323−15.2% | Reduced |
| Zacks Investment Management | 7,451 | $335.3K | 0.00% | +497+7.1% | Added |
| Intech Investment Management LLC | 7,539 | $339.3K | 0.00% | +679+9.9% | Added |
| Federated Hermes, Inc. | 7,594 | $341.7K | 0.00% | +416+5.8% | Added |
| Wealth Enhancement Advisory Services, LLC | 7,550 | $342.3K | 0.00% | +2,790+58.6% | Added |
| First National Bank of Omaha | 7,741 | $348.3K | 0.02% | +162+2.1% | Added |
| Russell Investments Group, Ltd. | 7,849 | $353.2K | 0.00% | +635+8.8% | Added |
| Comerica Bank | 8,162 | $367.3K | 0.00% | +1,743+27.2% | Added |
| SEI Investments Co | 8,207 | $369.3K | 0.00% | +2,100+34.4% | Added |
| Price T Rowe Associates Inc | 8,374 | $377.0K | 0.00% | +425+5.3% | Added |
| SRS Capital Advisors, Inc. | 8,768 | $394.6K | 0.01% | +8,684+10,338.1% | Added |
| FMR LLC | 8,799 | $395.9K | 0.00% | +1,097+14.2% | Added |
| First Trust Advisors LP | 9,032 | $406.4K | 0.00% | −1,406−13.5% | Reduced |
| MetLife Investment Management | 9,078 | $408.5K | 0.00% | −984−9.8% | Reduced |
| Sterling Capital Management LLC | 9,095 | $409.3K | 0.01% | +673+8.0% | Added |
| Susquehanna Portfolio Strategies, LLC | 9,111 | $410.0K | 0.01% | +9,111 | New |
| Azimuth Capital Investment Management LLC | 9,189 | $413.5K | 0.01% | 00.0% | Unchanged |
| Gsa Capital Partners LLP | 9,336 | $420.0K | 0.04% | −12,628−57.5% | Reduced |
| Alps Advisors Inc | 9,559 | $430.2K | 0.00% | +1,383+16.9% | Added |
| Moneta Group Investment Advisors LLC | 9,640 | $433.8K | 0.00% | −1,672−14.8% | Reduced |