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 |
|---|---|---|---|---|---|
| Rafferty Asset Management, LLC | 9,598 | $551.1K | 0.00% | −638−6.2% | Reduced |
| MetLife Investment Management | 9,668 | $555.1K | 0.00% | +590+6.5% | Added |
| BNP Paribas Arbitrage, SA | 9,959 | $571.8K | 0.00% | +1,882+23.3% | Added |
| Alps Advisors Inc | 10,016 | $575.1K | 0.00% | +96+1.0% | Added |
| Susquehanna Fundamental Investments, LLC | 10,098 | $579.8K | 0.01% | +10,098 | New |
| Natixis Advisors, L.P. | 10,142 | $582.0K | 0.00% | −505−4.7% | Reduced |
| Janney Montgomery Scott LLC | 10,152 | $583.0K | 0.00% | +119+1.2% | Added |
| Royal Bank of Canada | 10,611 | $609.0K | 0.00% | −953−8.2% | Reduced |
| Bluebird Wealth Management LLC | 10,612 | $609.3K | 0.53% | +10,612 | New |
| Jones Financial Companies LLLP | 10,971 | $626.3K | 0.00% | −341−3.0% | Reduced |
| Strategies Wealth Advisors, LLC | 11,136 | $639.4K | 0.06% | +36+0.3% | Added |
| Thrivent Financial for Lutherans | 11,419 | $655.0K | 0.00% | 00.0% | Unchanged |
| Shakespeare Wealth Management, Inc. | 11,574 | $664.6K | 0.18% | 00.0% | Unchanged |
| Point72 Asset Management, L.P. | 11,634 | $668.0K | 0.00% | +11,634 | New |
| Jacobs Levy Equity Management, Inc | 11,722 | $673.1K | 0.00% | −399−3.3% | Reduced |
| Daytona Street Capital LLC | 11,856 | $673.8K | 0.49% | −404−3.3% | Reduced |
| CWM Advisors, LLC | 11,867 | $681.4K | 0.03% | +1,707+16.8% | Added |
| Canada Pension Plan Investment Board | 11,900 | $683.3K | 0.00% | 00.0% | Unchanged |
| Blair William & Co | 12,276 | $704.9K | 0.00% | +87+0.7% | Added |
| Allianz Asset Management GmbH | 12,332 | $708.1K | 0.00% | 00.0% | Unchanged |
| Vanguard Asset Management, Ltd | 12,724 | $730.6K | 0.00% | +3,534+38.5% | Added |
| Legal & General Group Plc | 12,752 | $732.2K | 0.00% | −1,781−12.3% | Reduced |
| State of Wisconsin Investment Board | 12,939 | $743.0K | 0.00% | +3,459+36.5% | Added |
| Hennion & Walsh Asset Management, Inc. | 13,219 | $759.0K | 0.02% | −76−0.6% | Reduced |
| LVM Capital Management Ltd | 13,877 | $797.0K | 0.07% | −100−0.7% | Reduced |
| Price T Rowe Associates Inc | 14,139 | $812.0K | 0.00% | +2,757+24.2% | Added |
| LPL Financial LLC | 14,334 | $823.1K | 0.00% | −85−0.6% | Reduced |
| STRS Ohio | 14,400 | $826.8K | 0.00% | +1,100+8.3% | Added |
| Atom Investors LP | 15,145 | $869.6K | 0.08% | +15,145 | New |
| Chicago Trust Co NA | 15,591 | $895.2K | 0.13% | 00.0% | Unchanged |
| Action Point Financial Planning, LLC | 15,923 | $914.3K | 0.09% | +15,923 | New |
| Wedge Capital Management L L P | 16,159 | $927.9K | 0.02% | −256−1.6% | Reduced |
| Round Hill Asset Management | 16,925 | $971.8K | 0.61% | 00.0% | Unchanged |
| Pathstone Holdings, LLC | 17,384 | $998.2K | 0.00% | −569−3.2% | Reduced |
| Baird Financial Group, Inc. | 17,475 | $1.00M | 0.00% | 00.0% | Unchanged |
| Citigroup Inc | 17,597 | $1.01M | 0.00% | +6,505+58.6% | Added |
| Bailard, Inc. | 17,601 | $1.01M | 0.02% | +200+1.1% | Added |
| Ieq Capital, LLC | 17,704 | $1.02M | 0.00% | −2,371−11.8% | Reduced |
| Deutsche Bank AG | 17,934 | $1.03M | 0.00% | +5,315+42.1% | Added |
| Federated Hermes, Inc. | 18,005 | $1.03M | 0.00% | +2,375+15.2% | Added |
| Alliancebernstein L.P. | 21,561 | $1.09M | 0.00% | +16+0.1% | Added |
| California State Teachers Retirement System | 19,007 | $1.09M | 0.00% | +3,623+23.6% | Added |
| Victory Capital Management Inc | 19,450 | $1.12M | 0.00% | +1,250+6.9% | Added |
| Cerity Partners LLC | 19,632 | $1.13M | 0.00% | −1,740−8.1% | Reduced |
| Discipline Wealth Solutions, LLC | 19,826 | $1.14M | 0.10% | 00.0% | Unchanged |
| Man Group plc | 19,924 | $1.14M | 0.00% | +3,472+21.1% | Added |
| Rhumbline Advisers | 21,405 | $1.23M | 0.00% | +821+4.0% | Added |
| State of New Jersey Common Pension Fund D | 21,761 | $1.25M | 0.00% | +21,761 | New |
| Barclays PLC | 21,943 | $1.26M | 0.00% | +743+3.5% | Added |
| Credit Agricole S A | 22,442 | $1.29M | 0.00% | 00.0% | Unchanged |
| Buckingham Strategic Partners | 22,731 | $1.31M | 0.01% | −705−3.0% | Reduced |
| XTX Topco Ltd | 23,119 | $1.33M | 0.02% | +14,414+165.6% | Added |
| Invesco Ltd. | 23,693 | $1.36M | 0.00% | +1,144+5.1% | Added |
| Bank of America Corp | 24,033 | $1.38M | 0.00% | −12,744−34.7% | Reduced |
| UBS Asset Management Americas Inc | 24,134 | $1.39M | 0.00% | −168−0.7% | Reduced |
| Advisor Group Holdings, Inc. | 25,270 | $1.45M | 0.00% | −82−0.3% | Reduced |
| UBS Group AG | 26,490 | $1.52M | 0.00% | −9,149−25.7% | Reduced |
| RMB Capital Management, LLC | 26,654 | $1.53M | 0.02% | 00.0% | Unchanged |
| LaFleur & Godfrey LLC | 30,595 | $1.76M | 0.21% | −904−2.9% | Reduced |
| Empowered Funds, LLC | 30,969 | $1.78M | 0.01% | −48,000−60.8% | Reduced |
| Swiss National Bank | 32,900 | $1.89M | 0.00% | +2,500+8.2% | Added |
| Creative Planning | 39,195 | $2.25M | 0.00% | +2,819+7.7% | Added |
| Nuveen, LLC | 39,563 | $2.27M | 0.00% | +8,707+28.2% | Added |
| Quantinno Capital Management LP | 40,940 | $2.35M | 0.00% | +14,208+53.1% | Added |
| Bridgeway Capital Management, LLC | 40,972 | $2.35M | 0.04% | −85,297−67.6% | Reduced |
| Wells Fargo & Company | 40,984 | $2.35M | 0.00% | +8,227+25.1% | Added |
| John W. Rosenthal Capital Management, Inc. | 45,000 | $2.58M | 2.26% | 00.0% | Unchanged |
| Raymond James Financial Inc | 47,323 | $2.72M | 0.00% | −838−1.7% | Reduced |
| Connor, Clark & Lunn Investment Management Ltd. | 48,392 | $2.78M | 0.01% | −458−0.9% | Reduced |
| HRT Financial LP | 48,934 | $2.81M | 0.01% | +48,934 | New |
| Elizabeth Park Capital Advisors, Ltd. | 50,971 | $2.93M | 2.02% | 00.0% | Unchanged |
| Ameriprise Financial Inc | 55,186 | $3.17M | 0.00% | +61+0.1% | Added |
| Franklin Resources Inc | 55,462 | $3.18M | 0.00% | +2,379+4.5% | Added |
| Abundance Wealth Counselors | 56,181 | $3.23M | 0.21% | +56,181 | New |
| Maltese Capital Management LLC | 60,000 | $3.45M | 0.63% | +60,000 | New |
| Envestnet Asset Management Inc | 62,019 | $3.56M | 0.00% | −3,883−5.9% | Reduced |
| Arrowstreet Capital, Limited Partnership | 64,904 | $3.73M | 0.00% | 00.0% | Unchanged |
| jvl associates llc | 67,194 | $3.86M | 1.09% | +1,686+2.6% | Added |
| De Lisle Partners LLP | 75,649 | $4.35M | 0.47% | 00.0% | Unchanged |
| Siena Capital Partners GP, LLC | 83,966 | $4.82M | 1.17% | 00.0% | Unchanged |
| Citadel Advisors LLC | 93,094 | $5.35M | 0.00% | +64,161+221.8% | Added |
| rhino investment partners, Inc | 93,925 | $5.39M | 1.63% | +93,925 | New |
| Bank of New York Mellon Corp | 98,102 | $5.63M | 0.00% | +5,443+5.9% | Added |
| Goldman Sachs Group Inc | 101,031 | $5.80M | 0.00% | −11,690−10.4% | Reduced |
| Vanguard Fiduciary Trust Co | 112,722 | $6.47M | 0.00% | +2,463+2.2% | Added |
| Morgan Stanley | 123,030 | $7.06M | 0.00% | −4,206−3.3% | Reduced |
| Mercer Global Advisors Inc | 127,923 | $7.35M | 0.01% | −1,334−1.0% | Reduced |
| Banc Funds Co LLC | 131,160 | $7.53M | 1.24% | 00.0% | Unchanged |
| AQR Capital Management LLC | 137,726 | $7.91M | 0.00% | −8,987−6.1% | Reduced |
| JPMorgan Chase & Co | 140,097 | $8.01M | 0.00% | −8,761−5.9% | Reduced |
| Charles Schwab Investment Management Inc | 144,188 | $8.28M | 0.00% | +3,742+2.7% | Added |
| Hotchkis & Wiley Capital Management LLC | 192,503 | $11.1M | 0.03% | +1,350+0.7% | Added |
| Two Sigma Investments, LP | 213,740 | $12.3M | 0.01% | +32,093+17.7% | Added |
| Tributary Capital Management, LLC | 218,146 | $12.5M | 1.03% | −6,486−2.9% | Reduced |
| Northern Trust Corp | 240,668 | $13.8M | 0.00% | +8,068+3.5% | Added |
| LSV Asset Management | 280,786 | $16.1M | 0.03% | −2,400−0.8% | Reduced |
| Vanguard Portfolio Management LLC | 290,093 | $16.7M | 0.00% | +14,772+5.4% | Added |
| North Star Asset Management Inc | 377,427 | $21.7M | 0.85% | −5,753−1.5% | Reduced |
| Renaissance Technologies LLC | 446,613 | $25.6M | 0.04% | −25,600−5.4% | Reduced |
| Geode Capital Management, LLC | 466,410 | $26.8M | 0.00% | +31,398+7.2% | Added |