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 $691.2M in total; no superinvestor holds it.
13F holders, Q2 2026
Institutional positions in Mercantile Bank Corp as of Jun 30, 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
- 206
- +11 vs. Q1 2026
- Shares held
- 12.0M
- +373.4K (+3.2%) vs. Q1 2026
- Total value
- $691.2M
- +$102.0M (+17.3%) vs. Q1 2026
- New holders
- 33
- 73 more added
- Sold out
- 22
- 62 more reduced
6 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q1 2026: 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 | $691.2M |
| Q1 2026 | 201 | $590.5M |
| Q4 2025 | 192 | $515.6M |
| Q3 2025 | 200 | $487.4M |
| Q2 2025 | 196 | $486.7M |
| Q1 2025 | 194 | $452.5M |
| Q4 2024 | 178 | $457.6M |
| Q3 2024 | 161 | $439.4M |
| Q2 2024 | 162 | $401.6M |
| Q1 2024 | 155 | $384.1M |
| Q4 2023 | 141 | $388.5M |
| Q3 2023 | 133 | $283.3M |
| Q2 2023 | 118 | $250.4M |
| Q1 2023 | 128 | $280.5M |
| Q4 2022 | 130 | $300.2M |
| Q3 2022 | 125 | $261.6M |
| Q2 2022 | 129 | $283.0M |
| Q1 2022 | 122 | $307.7M |
| Q4 2021 | 120 | $297.6M |
| Q3 2021 | 116 | $268.9M |
| Q2 2021 | 112 | $259.9M |
| Q1 2021 | 116 | $288.4M |
Institutions, Q2 2026
Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 1,534,392 | $88.1M | 0.00% | +145,678+10.5% | Added |
| Wellington Management Group LLP | 1,087,998 | $62.5M | 0.01% | −101,033−8.5% | Reduced |
| Dimensional Fund Advisors LP | 1,046,841 | $60.1M | 0.01% | +13,953+1.4% | Added |
| Vanguard Capital Management LLC | 735,613 | $42.2M | 0.00% | +31,289+4.4% | Added |
| American Century Companies Inc | 625,015 | $35.9M | 0.02% | +63,548+11.3% | Added |
| State Street Corp | 598,641 | $34.4M | 0.00% | +96,173+19.1% | Added |
| Geode Capital Management, LLC | 466,410 | $26.8M | 0.00% | +31,398+7.2% | Added |
| Renaissance Technologies LLC | 446,613 | $25.6M | 0.04% | −25,600−5.4% | Reduced |
| North Star Asset Management Inc | 377,427 | $21.7M | 0.85% | −5,753−1.5% | Reduced |
| Vanguard Portfolio Management LLC | 290,093 | $16.7M | 0.00% | +14,772+5.4% | Added |
| LSV Asset Management | 280,786 | $16.1M | 0.03% | −2,400−0.8% | Reduced |
| Northern Trust Corp | 240,668 | $13.8M | 0.00% | +8,068+3.5% | Added |
| Tributary Capital Management, LLC | 218,146 | $12.5M | 1.03% | −6,486−2.9% | Reduced |
| Two Sigma Investments, LP | 213,740 | $12.3M | 0.01% | +32,093+17.7% | Added |
| Hotchkis & Wiley Capital Management LLC | 192,503 | $11.1M | 0.03% | +1,350+0.7% | Added |
| Charles Schwab Investment Management Inc | 144,188 | $8.28M | 0.00% | +3,742+2.7% | Added |
| JPMorgan Chase & Co | 140,097 | $8.01M | 0.00% | −8,761−5.9% | Reduced |
| AQR Capital Management LLC | 137,726 | $7.91M | 0.00% | −8,987−6.1% | Reduced |
| Banc Funds Co LLC | 131,160 | $7.53M | 1.24% | 00.0% | Unchanged |
| Mercer Global Advisors Inc | 127,923 | $7.35M | 0.01% | −1,334−1.0% | Reduced |
| Morgan Stanley | 123,030 | $7.06M | 0.00% | −4,206−3.3% | Reduced |
| Vanguard Fiduciary Trust Co | 112,722 | $6.47M | 0.00% | +2,463+2.2% | Added |
| Goldman Sachs Group Inc | 101,031 | $5.80M | 0.00% | −11,690−10.4% | Reduced |
| Bank of New York Mellon Corp | 98,102 | $5.63M | 0.00% | +5,443+5.9% | Added |
| rhino investment partners, Inc | 93,925 | $5.39M | 1.63% | +93,925 | New |
| Citadel Advisors LLC | 93,094 | $5.35M | 0.00% | +64,161+221.8% | Added |
| Siena Capital Partners GP, LLC | 83,966 | $4.82M | 1.17% | 00.0% | Unchanged |
| De Lisle Partners LLP | 75,649 | $4.35M | 0.47% | 00.0% | Unchanged |
| jvl associates llc | 67,194 | $3.86M | 1.09% | +1,686+2.6% | Added |
| Arrowstreet Capital, Limited Partnership | 64,904 | $3.73M | 0.00% | 00.0% | Unchanged |
| Envestnet Asset Management Inc | 62,019 | $3.56M | 0.00% | −3,883−5.9% | Reduced |
| Maltese Capital Management LLC | 60,000 | $3.45M | 0.63% | +60,000 | New |
| Abundance Wealth Counselors | 56,181 | $3.23M | 0.21% | +56,181 | New |
| Franklin Resources Inc | 55,462 | $3.18M | 0.00% | +2,379+4.5% | Added |
| Ameriprise Financial Inc | 55,186 | $3.17M | 0.00% | +61+0.1% | Added |
| Elizabeth Park Capital Advisors, Ltd. | 50,971 | $2.93M | 2.02% | 00.0% | Unchanged |
| HRT Financial LP | 48,934 | $2.81M | 0.01% | +48,934 | New |
| Connor, Clark & Lunn Investment Management Ltd. | 48,392 | $2.78M | 0.01% | −458−0.9% | Reduced |
| Raymond James Financial Inc | 47,323 | $2.72M | 0.00% | −838−1.7% | Reduced |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.58M | 2.26% | 00.0% | Unchanged |
| Wells Fargo & Company | 40,984 | $2.35M | 0.00% | +8,227+25.1% | Added |
| Bridgeway Capital Management, LLC | 40,972 | $2.35M | 0.04% | −85,297−67.6% | Reduced |
| Quantinno Capital Management LP | 40,940 | $2.35M | 0.00% | +14,208+53.1% | Added |
| Nuveen, LLC | 39,563 | $2.27M | 0.00% | +8,707+28.2% | Added |
| Creative Planning | 39,195 | $2.25M | 0.00% | +2,819+7.7% | Added |
| Swiss National Bank | 32,900 | $1.89M | 0.00% | +2,500+8.2% | Added |
| Empowered Funds, LLC | 30,969 | $1.78M | 0.01% | −48,000−60.8% | Reduced |
| LaFleur & Godfrey LLC | 30,595 | $1.76M | 0.21% | −904−2.9% | Reduced |
| RMB Capital Management, LLC | 26,654 | $1.53M | 0.02% | 00.0% | Unchanged |
| UBS Group AG | 26,490 | $1.52M | 0.00% | −9,149−25.7% | Reduced |
| Advisor Group Holdings, Inc. | 25,270 | $1.45M | 0.00% | −82−0.3% | Reduced |
| UBS Asset Management Americas Inc | 24,134 | $1.39M | 0.00% | −168−0.7% | Reduced |
| Bank of America Corp | 24,033 | $1.38M | 0.00% | −12,744−34.7% | Reduced |
| Invesco Ltd. | 23,693 | $1.36M | 0.00% | +1,144+5.1% | Added |
| XTX Topco Ltd | 23,119 | $1.33M | 0.02% | +14,414+165.6% | Added |
| Buckingham Strategic Partners | 22,731 | $1.31M | 0.01% | −705−3.0% | Reduced |
| Credit Agricole S A | 22,442 | $1.29M | 0.00% | 00.0% | Unchanged |
| Barclays PLC | 21,943 | $1.26M | 0.00% | +743+3.5% | Added |
| State of New Jersey Common Pension Fund D | 21,761 | $1.25M | 0.00% | +21,761 | New |
| Rhumbline Advisers | 21,405 | $1.23M | 0.00% | +821+4.0% | Added |
| Man Group plc | 19,924 | $1.14M | 0.00% | +3,472+21.1% | Added |
| Discipline Wealth Solutions, LLC | 19,826 | $1.14M | 0.10% | 00.0% | Unchanged |
| Cerity Partners LLC | 19,632 | $1.13M | 0.00% | −1,740−8.1% | Reduced |
| Victory Capital Management Inc | 19,450 | $1.12M | 0.00% | +1,250+6.9% | Added |
| California State Teachers Retirement System | 19,007 | $1.09M | 0.00% | +3,623+23.6% | Added |
| Alliancebernstein L.P. | 21,561 | $1.09M | 0.00% | +16+0.1% | Added |
| Federated Hermes, Inc. | 18,005 | $1.03M | 0.00% | +2,375+15.2% | Added |
| Deutsche Bank AG | 17,934 | $1.03M | 0.00% | +5,315+42.1% | Added |
| Ieq Capital, LLC | 17,704 | $1.02M | 0.00% | −2,371−11.8% | Reduced |
| Bailard, Inc. | 17,601 | $1.01M | 0.02% | +200+1.1% | Added |
| Citigroup Inc | 17,597 | $1.01M | 0.00% | +6,505+58.6% | Added |
| Baird Financial Group, Inc. | 17,475 | $1.00M | 0.00% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 17,384 | $998.2K | 0.00% | −569−3.2% | Reduced |
| Round Hill Asset Management | 16,925 | $971.8K | 0.61% | 00.0% | Unchanged |
| Wedge Capital Management L L P | 16,159 | $927.9K | 0.02% | −256−1.6% | Reduced |
| Action Point Financial Planning, LLC | 15,923 | $914.3K | 0.09% | +15,923 | New |
| Chicago Trust Co NA | 15,591 | $895.2K | 0.13% | 00.0% | Unchanged |
| Atom Investors LP | 15,145 | $869.6K | 0.08% | +15,145 | New |
| STRS Ohio | 14,400 | $826.8K | 0.00% | +1,100+8.3% | Added |
| LPL Financial LLC | 14,334 | $823.1K | 0.00% | −85−0.6% | Reduced |
| Price T Rowe Associates Inc | 14,139 | $812.0K | 0.00% | +2,757+24.2% | Added |
| LVM Capital Management Ltd | 13,877 | $797.0K | 0.07% | −100−0.7% | Reduced |
| Hennion & Walsh Asset Management, Inc. | 13,219 | $759.0K | 0.02% | −76−0.6% | Reduced |
| State of Wisconsin Investment Board | 12,939 | $743.0K | 0.00% | +3,459+36.5% | Added |
| Legal & General Group Plc | 12,752 | $732.2K | 0.00% | −1,781−12.3% | Reduced |
| Vanguard Asset Management, Ltd | 12,724 | $730.6K | 0.00% | +3,534+38.5% | Added |
| Allianz Asset Management GmbH | 12,332 | $708.1K | 0.00% | 00.0% | Unchanged |
| Blair William & Co | 12,276 | $704.9K | 0.00% | +87+0.7% | Added |
| Canada Pension Plan Investment Board | 11,900 | $683.3K | 0.00% | 00.0% | Unchanged |
| CWM Advisors, LLC | 11,867 | $681.4K | 0.03% | +1,707+16.8% | Added |
| Daytona Street Capital LLC | 11,856 | $673.8K | 0.49% | −404−3.3% | Reduced |
| Jacobs Levy Equity Management, Inc | 11,722 | $673.1K | 0.00% | −399−3.3% | Reduced |
| Point72 Asset Management, L.P. | 11,634 | $668.0K | 0.00% | +11,634 | New |
| Shakespeare Wealth Management, Inc. | 11,574 | $664.6K | 0.18% | 00.0% | Unchanged |
| Thrivent Financial for Lutherans | 11,419 | $655.0K | 0.00% | 00.0% | Unchanged |
| Strategies Wealth Advisors, LLC | 11,136 | $639.4K | 0.06% | +36+0.3% | Added |
| Jones Financial Companies LLLP | 10,971 | $626.3K | 0.00% | −341−3.0% | Reduced |
| Bluebird Wealth Management LLC | 10,612 | $609.3K | 0.53% | +10,612 | New |
| Royal Bank of Canada | 10,611 | $609.0K | 0.00% | −953−8.2% | Reduced |
| Janney Montgomery Scott LLC | 10,152 | $583.0K | 0.00% | +119+1.2% | Added |