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 |
|---|---|---|---|---|---|
| Covestor Ltd | 2 | $0 | 0.00% | −4−66.7% | Reduced |
| Keating Financial Advisory Services, Inc. | 1 | $57 | 0.00% | +1 | New |
| TFC Financial Management | 1 | $58 | 0.00% | 00.0% | Unchanged |
| SJS Investment Consulting Inc. | 3 | $173 | 0.00% | 00.0% | Unchanged |
| Smartleaf Asset Management LLC | 5 | $286 | 0.00% | 00.0% | Unchanged |
| Simplex Trading, LLC | 8 | $459 | 0.00% | +8 | New |
| Clearstead Advisors, LLC | 10 | $575 | 0.00% | +10 | New |
| CoreCap Advisors, LLC | 11 | $632 | 0.00% | +11 | New |
| Massmutual Trust Co FSB | 12 | $689 | 0.00% | 00.0% | Unchanged |
| Bare Financial Services, Inc | 20 | $1.15K | 0.00% | +10+100.0% | Added |
| Kilter Group LLC | 24 | $1.38K | 0.00% | +23+2,300.0% | Added |
| Fortitude Family Office, LLC | 25 | $1.44K | 0.00% | +25 | New |
| Global Retirement Partners, LLC | 33 | $1.90K | 0.00% | +33 | New |
| UMA Financial Services, Inc. | 34 | $1.95K | 0.00% | 00.0% | Unchanged |
| Rothschild Investment LLC | 43 | $2.47K | 0.00% | −8−15.7% | Reduced |
| GWM Advisors LLC | 62 | $3.56K | 0.00% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 62 | $3.56K | 0.00% | +62 | New |
| True Wealth Design, LLC | 82 | $4.71K | 0.00% | −9−9.9% | Reduced |
| Signaturefd, LLC | 100 | $5.74K | 0.00% | −71−41.5% | Reduced |
| Optiver Holding B.V. | 112 | $6.43K | 0.00% | −16−12.5% | Reduced |
| Essential Partners LLC | 115 | $6.60K | 0.00% | −630−84.6% | Reduced |
| Parallel Advisors, LLC | 120 | $6.89K | 0.00% | +31+34.8% | Added |
| Los Angeles Capital Management LLC | 128 | $7.35K | 0.00% | −8,592−98.5% | Reduced |
| Rockefeller Capital Management L.P. | 160 | $9.19K | 0.00% | +160 | New |
| Ronald Blue Trust, Inc. | 197 | $11.3K | 0.00% | +1+0.5% | Added |
| Allworth Financial LP | 208 | $11.9K | 0.00% | +17+8.9% | Added |
| GAMMA Investing LLC | 211 | $12.1K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 247 | $14.2K | 0.00% | −16−6.1% | Reduced |
| Umb Bank N A | 253 | $14.5K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $16.3K | 0.00% | 00.0% | Unchanged |
| Versant Capital Management, Inc | 300 | $17.2K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 358 | $20.6K | 0.00% | −47−11.6% | Reduced |
| Trust Co of Toledo NA | 403 | $23.1K | 0.00% | 00.0% | Unchanged |
| IFP Advisors, Inc | 446 | $25.6K | 0.00% | +5+1.1% | Added |
| Burnham & Co LLC | 500 | $28.7K | 0.02% | +500 | New |
| First Horizon Corp | 541 | $31.1K | 0.00% | +541 | New |
| State of Alaska, Department of Revenue | 651 | $37.0K | 0.00% | 00.0% | Unchanged |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 722 | $41.5K | 0.00% | +230+46.7% | Added |
| Ameritas Investment Partners, Inc. | 1,562 | $89.7K | 0.00% | +235+17.7% | Added |
| The PNC Financial Services Group, Inc. | 1,631 | $93.7K | 0.00% | −51−3.0% | Reduced |
| Tower Research Capital LLC (TRC) | 1,668 | $95.8K | 0.00% | +605+56.9% | Added |
| Nisa Investment Advisors, LLC | 2,298 | $132.0K | 0.00% | +426+22.8% | Added |
| FMR LLC | 2,746 | $157.7K | 0.00% | −10,334−79.0% | Reduced |
| Great West Life Assurance Co | 3,006 | $172.0K | 0.00% | −84−2.7% | Reduced |
| Public Employees Retirement System of Ohio | 3,104 | $178.2K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $178.4K | 0.00% | 00.0% | Unchanged |
| Vanguard Investments Australia, Ltd. | 3,188 | $183.1K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 3,214 | $184.5K | 0.00% | +471+17.2% | Added |
| KLP Kapitalforvaltning AS | 3,300 | $189.5K | 0.00% | 00.0% | Unchanged |
| Voleon Capital Management LP | 3,485 | $200.1K | 0.00% | −3,035−46.5% | Reduced |
| SRS Capital Advisors, Inc. | 3,488 | $200.3K | 0.00% | +3,370+2,855.9% | Added |
| Aigen Investment Management, LP | 3,673 | $210.9K | 0.06% | +3,673 | New |
| Intech Investment Management LLC | 3,698 | $212.3K | 0.00% | −465−11.2% | Reduced |
| Well Done, LLC | 3,728 | $214.1K | 0.03% | +3,728 | New |
| Swiss Life Asset Management Ltd | 3,742 | $214.9K | 0.00% | +3,742 | New |
| Mariner, LLC | 3,768 | $216.3K | 0.00% | −1,454−27.8% | Reduced |
| MML Investors Services, LLC | 3,804 | $218.4K | 0.00% | +3,804 | New |
| Voya Investment Management LLC | 3,867 | $222.0K | 0.00% | +3,867 | New |
| Ruggaard & Associates LLC | 3,970 | $228.0K | 0.08% | +3,970 | New |
| Old Mission Investment Co LLC | 3,984 | $228.8K | 0.05% | 00.0% | Unchanged |
| Huntington National Bank | 3,997 | $229.5K | 0.00% | 00.0% | Unchanged |
| JMN Financial LLC | 4,077 | $234.1K | 0.18% | +113+2.9% | Added |
| State Board of Administration of Florida Retirement System | 4,400 | $252.6K | 0.00% | 00.0% | Unchanged |
| Quantbot Technologies LP | 4,487 | $257.6K | 0.01% | +1,341+42.6% | Added |
| Manufacturers Life Insurance Company, The | 4,496 | $258.2K | 0.00% | −173−3.7% | Reduced |
| Arizona State Retirement System | 4,528 | $260.0K | 0.00% | +287+6.8% | Added |
| 626 Financial, LLC | 4,701 | $269.9K | 0.11% | −175−3.6% | Reduced |
| DekaBank Deutsche Girozentrale | 5,407 | $270.0K | 0.00% | 00.0% | Unchanged |
| D. E. Shaw & Co., Inc. | 4,756 | $273.1K | 0.00% | +4,756 | New |
| Harbour Investments, Inc. | 4,821 | $276.8K | 0.00% | +3,821+382.1% | Added |
| Greenleaf Trust | 5,029 | $288.8K | 0.00% | +17+0.3% | Added |
| Harbor Capital Advisors, Inc. | 5,254 | $302.0K | 0.02% | +506+10.7% | Added |
| Police & Firemen's Retirement System of New Jersey | 5,340 | $306.6K | 0.00% | +803+17.7% | Added |
| Sterling Capital Management LLC | 5,421 | $311.3K | 0.01% | −210−3.7% | Reduced |
| Susquehanna Portfolio Strategies, LLC | 5,590 | $321.0K | 0.01% | −3,221−36.6% | Reduced |
| Evergreen Capital Management LLC | 5,816 | $334.0K | 0.01% | +5,816 | New |
| Blue Water Asset Management | 5,865 | $336.7K | 0.11% | +39+0.7% | Added |
| SG Americas Securities, LLC | 6,083 | $349.0K | 0.00% | +3,097+103.7% | Added |
| First Trust Advisors LP | 6,205 | $356.3K | 0.00% | −10.0% | Reduced |
| Vanguard Global Advisers, LLC | 6,262 | $359.6K | 0.00% | 00.0% | Unchanged |
| New York State Common Retirement Fund | 6,332 | $363.6K | 0.00% | −500−7.3% | Reduced |
| HighTower Advisors, LLC | 6,426 | $369.0K | 0.00% | −421−6.1% | Reduced |
| Teacher Retirement System of Texas | 6,560 | $376.7K | 0.00% | −4,575−41.1% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 6,769 | $386.0K | 0.00% | +618+10.0% | Added |
| Jupiter Topco LLC | 6,739 | $387.2K | 0.00% | +6,739 | New |
| Associated Banc-Corp | 6,891 | $395.7K | 0.01% | +6,891 | New |
| Trexquant Investment LP | 6,950 | $399.1K | 0.00% | +6,950 | New |
| Farther Finance Advisors, LLC | 7,053 | $404.9K | 0.00% | −25−0.4% | Reduced |
| First National Bank of Omaha | 7,273 | $417.6K | 0.01% | +27+0.4% | Added |
| Cambridge Investment Research Advisors, Inc. | 7,296 | $418.0K | 0.00% | +7,296 | New |
| Sequoia Financial Advisors, LLC | 7,719 | $443.2K | 0.00% | +7,719 | New |
| Mirae Asset Global ETFs Holdings Ltd. | 7,927 | $455.2K | 0.00% | +25+0.3% | Added |
| Fifth Third Bancorp | 8,029 | $461.0K | 0.00% | −542−6.3% | Reduced |
| SEI Investments Co | 8,207 | $471.2K | 0.00% | −6,300−43.4% | Reduced |
| Regal Investment Advisors LLC | 8,561 | $491.6K | 0.03% | −1,999−18.9% | Reduced |
| Allspring Global Investments Holdings, LLC | 8,631 | $495.6K | 0.00% | +270+3.2% | Added |
| Modern Wealth Management, LLC | 8,668 | $497.7K | 0.01% | +62+0.7% | Added |
| Russell Investments Group, Ltd. | 8,893 | $510.6K | 0.00% | +6,405+257.4% | Added |
| Stifel Financial Corp | 9,156 | $525.7K | 0.00% | +2,538+38.3% | Added |
| Azimuth Capital Investment Management LLC | 9,189 | $527.6K | 0.02% | 00.0% | Unchanged |