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, Q1 2026
Institutional positions in Mercantile Bank Corp as of Mar 31, 2026. 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
- 201
- +14 vs. Q4 2025
- Shares held
- 11.7M
- +2.10M (+21.9%) vs. Q4 2025
- Total value
- $590.5M
- +$129.1M (+28.0%) vs. Q4 2025
- New holders
- 30
- 71 more added
- Sold out
- 16
- 55 more reduced
5 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 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, Q1 2026
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,388,714 | $70.1M | 0.00% | −50,171−3.5% | Reduced |
| Two Sigma Advisers, LP | 0 | $0 | 0.00% | −40,884−100.0% | Sold out |
| Marshall Wace, LLP | 0 | $0 | 0.00% | −28,415−100.0% | Sold out |
| Millennium Management LLC | 0 | $0 | 0.00% | −23,711−100.0% | Sold out |
| Tudor Investment Corp Et Al | 0 | $0 | 0.00% | −23,319−100.0% | Sold out |
| HSBC Holdings PLC | 0 | $0 | 0.00% | −17,959−100.0% | Sold out |
| West Michigan Advisors, LLC | 0 | $0 | 0.00% | −6,887−100.0% | Sold out |
| Mackenzie Financial Corp | 0 | $0 | 0.00% | −6,410−100.0% | Sold out |
| Quest Partners LLC | 0 | $0 | 0.00% | −5,200−100.0% | Sold out |
| MML Investors Services, LLC | 0 | $0 | 0.00% | −4,658−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −4,264−100.0% | Sold out |
| Kestra Advisory Services, LLC | 0 | $0 | 0.00% | −543−100.0% | Sold out |
| Amalgamated Bank | 0 | $0 | 0.00% | −499−100.0% | Sold out |
| Eurizon Capital SGR S.p.A. | 0 | $0 | 0.00% | −68−100.0% | Sold out |
| Simplex Trading, LLC | 0 | $0 | 0.00% | −57−100.0% | Sold out |
| Aster Capital Management (DIFC) Ltd | 0 | $0 | 0.00% | −6−100.0% | Sold out |
| Clearstead Advisors, LLC | 0 | $0 | 0.00% | −2−100.0% | Sold out |
| Vanguard Group Inc | – | – | – | – | Not filed |
| Brandywine Global Investment Management, LLC | – | – | – | – | Not filed |
| Comerica Bank | – | – | – | – | Not filed |
| EMC Capital Management | – | – | – | – | Not filed |
| Global Retirement Partners, LLC | – | – | – | – | Not filed |