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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.

Institutional holdersQ2 2026: 206 institutions
Q1 2021: 116 institutionsQ2 2021: 112 institutionsQ3 2021: 116 institutionsQ4 2021: 120 institutionsQ1 2022: 122 institutionsQ2 2022: 129 institutionsQ3 2022: 125 institutionsQ4 2022: 130 institutionsQ1 2023: 128 institutionsQ2 2023: 118 institutionsQ3 2023: 133 institutionsQ4 2023: 141 institutionsQ1 2024: 155 institutionsQ2 2024: 162 institutionsQ3 2024: 161 institutionsQ4 2024: 178 institutionsQ1 2025: 194 institutionsQ2 2025: 196 institutionsQ3 2025: 200 institutionsQ4 2025: 192 institutionsQ1 2026: 201 institutionsQ2 2026: 206 institutions
Value heldQ2 2026: $691.2M
Q1 2021: $288.4MQ2 2021: $259.9MQ3 2021: $268.9MQ4 2021: $297.6MQ1 2022: $307.7MQ2 2022: $283.0MQ3 2022: $261.6MQ4 2022: $300.2MQ1 2023: $280.5MQ2 2023: $250.4MQ3 2023: $283.3MQ4 2023: $388.5MQ1 2024: $384.1MQ2 2024: $401.6MQ3 2024: $439.4MQ4 2024: $457.6MQ1 2025: $452.5MQ2 2025: $486.7MQ3 2025: $487.4MQ4 2025: $515.6MQ1 2026: $590.5MQ2 2026: $691.2M
Institutions holding MBWM and their total value by quarter
QuarterHoldersValue
Q2 2026206$691.2M
Q1 2026201$590.5M
Q4 2025192$515.6M
Q3 2025200$487.4M
Q2 2025196$486.7M
Q1 2025194$452.5M
Q4 2024178$457.6M
Q3 2024161$439.4M
Q2 2024162$401.6M
Q1 2024155$384.1M
Q4 2023141$388.5M
Q3 2023133$283.3M
Q2 2023118$250.4M
Q1 2023128$280.5M
Q4 2022130$300.2M
Q3 2022125$261.6M
Q2 2022129$283.0M
Q1 2022122$307.7M
Q4 2021120$297.6M
Q3 2021116$268.9M
Q2 2021112$259.9M
Q1 2021116$288.4M

Institutions, Q2 2026

Shares, value and share of portfolio for each institution holding Mercantile Bank Corp; share changes are against Q1 2026.

Institutions holding MBWM in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
State Street Corp598,641$34.4M0.00%+96,173+19.1%Added
American Century Companies Inc625,015$35.9M0.02%+63,548+11.3%Added
Vanguard Capital Management LLC735,613$42.2M0.00%+31,289+4.4%Added
Dimensional Fund Advisors LP1,046,841$60.1M0.01%+13,953+1.4%Added
Wellington Management Group LLP1,087,998$62.5M0.01%−101,033−8.5%Reduced
BlackRock, Inc.1,534,392$88.1M0.00%+145,678+10.5%Added
ProShare Advisors LLC0$00.00%−125,631−100.0%Sold out
Wakefield Asset Management LLLP0$00.00%−22,830−100.0%Sold out
Qube Research & Technologies Ltd0$00.00%−21,010−100.0%Sold out
Lazard Asset Management LLC0$00.00%−17,569−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−14,922−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−14,032−100.0%Sold out
Susquehanna International Group, LLP0$00.00%−12,693−100.0%Sold out
Panagora Asset Management Inc0$00.00%−7,894−100.0%Sold out
Prudential Financial Inc0$00.00%−7,105−100.0%Sold out
Zacks Investment Management0$00.00%−6,939−100.0%Sold out
Abacus Wealth Partners, LLC0$00.00%−6,323−100.0%Sold out
EP Wealth Advisors, LLC0$00.00%−5,996−100.0%Sold out
LeClair Wealth Partners LLC0$00.00%−5,826−100.0%Sold out
Universal- Beteiligungs- und Servicegesellschaft mbH0$00.00%−5,392−100.0%Sold out
Jane Street Group, LLC0$00.00%−4,654−100.0%Sold out
Squarepoint Ops LLC0$00.00%−4,635−100.0%Sold out
Quadrant Capital Group LLC0$00.00%−891−100.0%Sold out
Aquatic Capital Management LLC0$00.00%−336−100.0%Sold out
MAI Capital Management0$00.00%−42−100.0%Sold out
Root Financial Partners, LLC0$00.00%−26−100.0%Sold out
Northwestern Mutual Wealth Management Co0$00.00%−18−100.0%Sold out
Twin Peaks Wealth Advisors, LLC0$00.00%−8−100.0%Sold out
CWM, LLC––––Not filed
Janus Henderson Group PLC––––Not filed
DGS Capital Management, LLC––––Not filed
Skopos Labs, Inc.––––Not filed
Trask Adam Roland––––Not filed
Sunbelt Securities, Inc.––––Not filed