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, 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
- +369.8K (+3.2%) vs. Q1 2026
- Total value
- $691.0M
- +$101.8M (+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 | $691.0M |
| 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, 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 |
|---|---|---|---|---|---|
| Natixis Advisors, L.P. | 10,142 | $582.0K | 0.00% | −505−4.7% | Reduced |
| Susquehanna Fundamental Investments, LLC | 10,098 | $579.8K | 0.01% | +10,098 | New |
| Alps Advisors Inc | 10,016 | $575.1K | 0.00% | +96+1.0% | Added |
| BNP Paribas Arbitrage, SA | 9,959 | $571.8K | 0.00% | +1,882+23.3% | Added |
| MetLife Investment Management | 9,668 | $555.1K | 0.00% | +590+6.5% | Added |
| Rafferty Asset Management, LLC | 9,598 | $551.1K | 0.00% | −638−6.2% | Reduced |
| Azimuth Capital Investment Management LLC | 9,189 | $527.6K | 0.02% | 00.0% | Unchanged |
| Stifel Financial Corp | 9,156 | $525.7K | 0.00% | +2,538+38.3% | Added |
| Russell Investments Group, Ltd. | 8,893 | $510.6K | 0.00% | +6,405+257.4% | Added |
| Modern Wealth Management, LLC | 8,668 | $497.7K | 0.01% | +62+0.7% | Added |
| Allspring Global Investments Holdings, LLC | 8,631 | $495.6K | 0.00% | +270+3.2% | Added |
| Regal Investment Advisors LLC | 8,561 | $491.6K | 0.03% | −1,999−18.9% | Reduced |
| SEI Investments Co | 8,207 | $471.2K | 0.00% | −6,300−43.4% | Reduced |
| Fifth Third Bancorp | 8,029 | $461.0K | 0.00% | −542−6.3% | Reduced |
| Mirae Asset Global ETFs Holdings Ltd. | 7,927 | $455.2K | 0.00% | +25+0.3% | Added |
| Sequoia Financial Advisors, LLC | 7,719 | $443.2K | 0.00% | +7,719 | New |
| First National Bank of Omaha | 7,273 | $417.6K | 0.01% | +27+0.4% | Added |
| Farther Finance Advisors, LLC | 7,053 | $404.9K | 0.00% | −25−0.4% | Reduced |
| Trexquant Investment LP | 6,950 | $399.1K | 0.00% | +6,950 | New |
| Associated Banc-Corp | 6,891 | $395.7K | 0.01% | +6,891 | New |
| Jupiter Topco LLC | 6,739 | $387.2K | 0.00% | +6,739 | New |
| Wealth Enhancement Advisory Services, LLC | 6,769 | $386.0K | 0.00% | +618+10.0% | Added |
| Teacher Retirement System of Texas | 6,560 | $376.7K | 0.00% | −4,575−41.1% | Reduced |
| HighTower Advisors, LLC | 6,426 | $369.0K | 0.00% | −421−6.1% | Reduced |
| New York State Common Retirement Fund | 6,332 | $363.6K | 0.00% | −500−7.3% | Reduced |
| Vanguard Global Advisers, LLC | 6,262 | $359.6K | 0.00% | 00.0% | Unchanged |
| First Trust Advisors LP | 6,205 | $356.3K | 0.00% | −10.0% | Reduced |
| SG Americas Securities, LLC | 6,083 | $349.0K | 0.00% | +3,097+103.7% | Added |
| Blue Water Asset Management | 5,865 | $336.7K | 0.11% | +39+0.7% | Added |
| Evergreen Capital Management LLC | 5,816 | $334.0K | 0.01% | +5,816 | New |
| Susquehanna Portfolio Strategies, LLC | 5,590 | $321.0K | 0.01% | −3,221−36.6% | Reduced |
| Sterling Capital Management LLC | 5,421 | $311.3K | 0.01% | −210−3.7% | Reduced |
| Police & Firemen's Retirement System of New Jersey | 5,340 | $306.6K | 0.00% | +803+17.7% | Added |
| Harbor Capital Advisors, Inc. | 5,254 | $302.0K | 0.02% | +506+10.7% | Added |
| Greenleaf Trust | 5,029 | $288.8K | 0.00% | +17+0.3% | Added |
| Harbour Investments, Inc. | 4,821 | $276.8K | 0.00% | +3,821+382.1% | Added |
| D. E. Shaw & Co., Inc. | 4,756 | $273.1K | 0.00% | +4,756 | New |
| DekaBank Deutsche Girozentrale | 5,407 | $270.0K | 0.00% | 00.0% | Unchanged |
| 626 Financial, LLC | 4,701 | $269.9K | 0.11% | −175−3.6% | Reduced |
| Arizona State Retirement System | 4,528 | $260.0K | 0.00% | +287+6.8% | Added |
| Manufacturers Life Insurance Company, The | 4,496 | $258.2K | 0.00% | −173−3.7% | Reduced |
| Quantbot Technologies LP | 4,487 | $257.6K | 0.01% | +1,341+42.6% | Added |
| State Board of Administration of Florida Retirement System | 4,400 | $252.6K | 0.00% | 00.0% | Unchanged |
| JMN Financial LLC | 4,077 | $234.1K | 0.18% | +113+2.9% | Added |
| Huntington National Bank | 3,997 | $229.5K | 0.00% | 00.0% | Unchanged |
| Old Mission Investment Co LLC | 3,984 | $228.8K | 0.05% | 00.0% | Unchanged |
| Ruggaard & Associates LLC | 3,970 | $228.0K | 0.08% | +3,970 | New |
| Voya Investment Management LLC | 3,867 | $222.0K | 0.00% | +3,867 | New |
| MML Investors Services, LLC | 3,804 | $218.4K | 0.00% | +3,804 | New |
| Mariner, LLC | 3,768 | $216.3K | 0.00% | −1,454−27.8% | Reduced |
| Swiss Life Asset Management Ltd | 3,742 | $214.9K | 0.00% | +3,742 | New |
| Well Done, LLC | 3,728 | $214.1K | 0.03% | +3,728 | New |
| Intech Investment Management LLC | 3,698 | $212.3K | 0.00% | −465−11.2% | Reduced |
| Aigen Investment Management, LP | 3,673 | $210.9K | 0.06% | +3,673 | New |
| Cambridge Investment Research Advisors, Inc. | 3,648 | $209.0K | 0.00% | +3,648 | New |
| SRS Capital Advisors, Inc. | 3,488 | $200.3K | 0.00% | +3,370+2,855.9% | Added |
| Voleon Capital Management LP | 3,485 | $200.1K | 0.00% | −3,035−46.5% | Reduced |
| KLP Kapitalforvaltning AS | 3,300 | $189.5K | 0.00% | 00.0% | Unchanged |
| US Bancorp | 3,214 | $184.5K | 0.00% | +471+17.2% | Added |
| Vanguard Investments Australia, Ltd. | 3,188 | $183.1K | 0.00% | 00.0% | Unchanged |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 3,107 | $178.4K | 0.00% | 00.0% | Unchanged |
| Public Employees Retirement System of Ohio | 3,104 | $178.2K | 0.00% | 00.0% | Unchanged |
| Great West Life Assurance Co | 3,006 | $172.0K | 0.00% | −84−2.7% | Reduced |
| FMR LLC | 2,746 | $157.7K | 0.00% | −10,334−79.0% | Reduced |
| Nisa Investment Advisors, LLC | 2,298 | $132.0K | 0.00% | +426+22.8% | Added |
| Tower Research Capital LLC (TRC) | 1,668 | $95.8K | 0.00% | +605+56.9% | Added |
| The PNC Financial Services Group, Inc. | 1,631 | $93.7K | 0.00% | −51−3.0% | Reduced |
| Ameritas Investment Partners, Inc. | 1,562 | $89.7K | 0.00% | +235+17.7% | Added |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 722 | $41.5K | 0.00% | +230+46.7% | Added |
| State of Alaska, Department of Revenue | 651 | $37.0K | 0.00% | 00.0% | Unchanged |
| First Horizon Corp | 541 | $31.1K | 0.00% | +541 | New |
| Burnham & Co LLC | 500 | $28.7K | 0.02% | +500 | New |
| IFP Advisors, Inc | 446 | $25.6K | 0.00% | +5+1.1% | Added |
| Trust Co of Toledo NA | 403 | $23.1K | 0.00% | 00.0% | Unchanged |
| EverSource Wealth Advisors, LLC | 358 | $20.6K | 0.00% | −47−11.6% | Reduced |
| Versant Capital Management, Inc | 300 | $17.2K | 0.00% | 00.0% | Unchanged |
| Center for Financial Planning, Inc. | 283 | $16.3K | 0.00% | 00.0% | Unchanged |
| Umb Bank N A | 253 | $14.5K | 0.00% | 00.0% | Unchanged |
| Private Trust Co NA | 247 | $14.2K | 0.00% | −16−6.1% | Reduced |
| GAMMA Investing LLC | 211 | $12.1K | 0.00% | 00.0% | Unchanged |
| Allworth Financial LP | 208 | $11.9K | 0.00% | +17+8.9% | Added |
| Ronald Blue Trust, Inc. | 197 | $11.3K | 0.00% | +1+0.5% | Added |
| Rockefeller Capital Management L.P. | 160 | $9.19K | 0.00% | +160 | New |
| Los Angeles Capital Management LLC | 128 | $7.35K | 0.00% | −8,592−98.5% | Reduced |
| Parallel Advisors, LLC | 120 | $6.89K | 0.00% | +31+34.8% | Added |
| Essential Partners LLC | 115 | $6.60K | 0.00% | −630−84.6% | Reduced |
| Optiver Holding B.V. | 112 | $6.43K | 0.00% | −16−12.5% | Reduced |
| Signaturefd, LLC | 100 | $5.74K | 0.00% | −71−41.5% | Reduced |
| True Wealth Design, LLC | 82 | $4.71K | 0.00% | −9−9.9% | Reduced |
| GWM Advisors LLC | 62 | $3.56K | 0.00% | 00.0% | Unchanged |
| Aster Capital Management (DIFC) Ltd | 62 | $3.56K | 0.00% | +62 | New |
| Rothschild Investment LLC | 43 | $2.47K | 0.00% | −8−15.7% | Reduced |
| UMA Financial Services, Inc. | 34 | $1.95K | 0.00% | 00.0% | Unchanged |
| Global Retirement Partners, LLC | 33 | $1.90K | 0.00% | +33 | New |
| Fortitude Family Office, LLC | 25 | $1.44K | 0.00% | +25 | New |
| Kilter Group LLC | 24 | $1.38K | 0.00% | +23+2,300.0% | Added |
| Bare Financial Services, Inc | 20 | $1.15K | 0.00% | +10+100.0% | Added |
| Massmutual Trust Co FSB | 12 | $689 | 0.00% | 00.0% | Unchanged |
| CoreCap Advisors, LLC | 11 | $632 | 0.00% | +11 | New |
| Clearstead Advisors, LLC | 10 | $575 | 0.00% | +10 | New |