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