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Mercantile Bank (MBWM) Institutional Ownership

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$60.21 -0.49 (-0.81%)
As of 03:03 PM Eastern
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Institutional Ownership Changes (13F Filings) for Mercantile Bank (NASDAQ:MBWM)

Current
Institutional Ownership
Percentage
58.63%
Number of
Institutional Buyers
(last 12 months)
100
Total
Institutional Inflows
(last 12 months)
$169.85M
Number of
Institutional Sellers
(last 12 months)
78
Total
Institutional Outflows
(last 12 months)
$34.85M
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MBWM Institutional Buying and Selling by Quarter

Mercantile Bank Major Shareholders & Ownership History

Reporting DateMajor Shareholder NameShares HeldMarket Value% of PortfolioQuarterly Change in SharesOwnership in CompanyDetails
8/8/2026 First National Bank of Omaha7,273$418K0.0%N/A0.042%
8/7/2026 BlackRock Inc.1,534,392$88.11M0.0%N/A8.874%
8/7/2026 Deutsche Bank AG17,934$1.03M0.0%N/A0.104%
8/6/2026 Bank of New York Mellon Corp98,102$5.63M0.0%N/A0.568%
8/6/2026 Focus Partners Advisor Solutions LLC22,731$1.31M0.0%N/A0.131%
7/10/2026 Wedge Capital Management L L P NC16,159$928K0.0%-1.6%0.094%
7/6/2026 jvl associates llc67,194$3.86M1.1%+2.6%0.389%
5/19/2026Bank of America Corp DE36,777$1.86M0.0%+31.0%0.213%
5/18/2026Royal Bank of Canada11,564$584K0.0%-60.3%0.067%
5/18/2026Empowered Funds LLC78,969$3.99M0.0%+6.9%0.457%
5/16/2026The Manufacturers Life Insurance Company 4,669$236K0.0%-5.5%0.027%
5/16/2026Quantinno Capital Management LP26,732$1.35M0.0%+39.3%0.155%
5/16/2026Lazard Asset Management LLC17,569$887K0.0%+6.2%0.102%
5/14/2026Renaissance Technologies LLC472,213$23.85M0.0%-4.8%2.734%
5/14/2026Modern Wealth Management LLC8,606$439K0.0%N/A0.050%
5/14/2026Arrowstreet Capital Limited Partnership64,904$3.28M0.0%-9.3%0.376%
5/14/2026Sei Investments Co.14,507$733K0.0%+76.8%0.084%
5/13/2026First Trust Advisors LP6,206$313K0.0%-4.4%0.036%
5/8/2026 PNC Financial Services Group Inc.1,682$85K0.0%+29.9%0.010%
5/7/2026Dimensional Fund Advisors LP1,032,888$52.16M0.0%+0.1%5.981%
5/6/2026Allspring Global Investments Holdings LLC8,361$422K0.0%+11.5%0.048%
5/1/2026 Fifth Third Bancorp8,571$433K0.0%+1,035.2%0.050%
4/28/2026DGS Capital Management LLC4,676$236K0.0%+6.8%0.027%
4/27/2026 Y Intercept Hong Kong Ltd14,032$709K0.0%-2.6%0.081%
4/23/2026Inspire Investing LLC10,160$513K0.0%+4.6%0.059%
4/22/2026 Sterling Capital Management LLC5,631$284K0.0%-36.8%0.033%
4/17/2026 Discipline Wealth Solutions LLC19,826$1.00M0.1%N/A0.115%
4/17/2026 jvl associates llc65,508$3.31M1.1%+8.9%0.379%
4/16/2026 SG Americas Securities LLC2,986$151K0.0%-51.8%0.017%
3/20/2026Hsbc Holdings PLC17,959$861K0.0%+173.0%0.104%
3/9/2026 EMC Capital Management2,813$135K0.1%-15.0%0.016%
2/24/2026DGS Capital Management LLC4,377$211K0.0%N/A0.025%
2/19/2026Invesco Ltd.23,411$1.13M0.0%-16.6%0.136%
2/18/2026Mercer Global Advisors Inc. ADV109,572$5.27M0.0%-0.9%0.638%
2/18/2026EP Wealth Advisors LLC5,554$267K0.0%N/A0.032%
2/18/2026Mackenzie Financial Corp6,410$307K0.0%N/A0.037%
2/18/2026Empowered Funds LLC73,878$3.55M0.0%+12.2%0.430%
2/18/2026Zacks Investment Management6,939$334K0.0%-6.9%0.040%
2/18/2026Wellington Management Group LLP294,813$14.18M0.0%N/A1.716%
2/18/2026Susquehanna Portfolio Strategies LLC8,811$424K0.0%-3.3%0.051%
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2/18/2026Tudor Investment Corp ET AL23,319$1.12M0.0%-49.8%0.136%
2/18/2026Millennium Management LLC23,711$1.14M0.0%-71.3%0.138%
2/18/2026Man Group plc13,544$651K0.0%-11.1%0.079%
2/18/2026Inspire Investing LLC9,715$467K0.0%-3.5%0.057%
2/18/2026Elizabeth Park Capital Advisors Ltd.50,971$2.45M2.0%N/A0.297%
2/18/2026Engineers Gate Manager LP4,264$205K0.0%-62.1%0.025%
2/18/2026Bridgeway Capital Management LLC120,133$5.78M0.1%+6.2%0.699%
2/17/2026AQR Capital Management LLC159,564$7.68M0.0%-12.1%0.929%
2/17/2026Lazard Asset Management LLC16,542$796K0.0%+2.8%0.096%
2/17/2026Price T Rowe Associates Inc. MD9,036$435K0.0%+7.9%0.053%
2/17/2026Regal Investment Advisors LLC10,560$508K0.0%-21.8%0.061%
2/17/2026Osaic Holdings Inc.24,825$1.19M0.0%-12.0%0.144%
2/17/2026California State Teachers Retirement System15,439$743K0.0%+8.7%0.090%
2/17/2026 Russell Investments Group Ltd.8,149$392K0.0%+3.8%0.047%
2/17/2026State of Wisconsin Investment Board8,620$415K0.0%+31.1%0.050%
2/17/2026Royal Bank of Canada29,140$1.40M0.0%-1.5%0.170%
2/16/2026 Panagora Asset Management Inc.16,034$771K0.0%+38.0%0.093%
2/16/2026 MML Investors Services LLC4,658$224K0.0%+4.2%0.027%
2/16/2026Mariner LLC6,577$316K0.0%+9.6%0.038%
2/16/2026Barclays PLC42,713$2.05M0.0%+44.2%0.249%
2/13/2026 Kestra Advisory Services LLC543$26K0.0%N/A0.003%
2/13/2026Marshall Wace LLP28,415$1.37M0.0%+87.2%0.165%
2/13/2026The Manufacturers Life Insurance Company 4,943$238K0.0%-11.0%0.029%
2/13/2026Rafferty Asset Management LLC8,637$415K0.0%-35.6%0.050%
2/13/2026First Trust Advisors LP6,493$312K0.0%-28.1%0.038%
2/13/2026 State Street Corp447,016$21.50M0.0%-5.0%2.602%
2/13/2026Ieq Capital LLC19,136$920K0.0%-25.8%0.111%
2/13/2026UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC23,548$1.13M0.0%+0.9%0.137%
2/13/2026De Lisle Partners LLP75,649$3.64M0.5%+1.8%0.440%
2/13/2026Wells Fargo & Company MN44,288$2.13M0.0%+9.0%0.258%
2/13/2026Quadrant Capital Group LLC891$43K0.0%+63.8%0.005%
2/12/2026State Board of Administration of Florida Retirement System4,400$212K0.0%N/A0.026%
2/12/2026Banc Funds Co. LLC130,841$6.29M1.2%-18.4%0.762%
2/12/2026Renaissance Technologies LLC496,213$23.87M0.0%+1.2%2.888%
2/12/2026Dimensional Fund Advisors LP1,031,485$49.61M0.0%-1.6%6.004%
2/12/2026Federated Hermes Inc.10,622$511K0.0%+39.9%0.062%
2/12/2026Swiss National Bank30,400$1.46M0.0%+1.7%0.177%
2/12/2026Nuveen LLC30,703$1.48M0.0%-46.6%0.179%
2/11/2026Empowered Funds LLC73,878$3.55M0.0%+12.2%0.430%
2/11/2026 Deutsche Bank AG8,750$421K0.0%-42.5%0.051%
2/11/2026Cerity Partners LLC22,405$1.08M0.0%-7.0%0.130%
2/11/2026 LPL Financial LLC14,170$682K0.0%-6.4%0.082%
2/11/2026Siena Capital Partners GP LLC83,966$4.04M1.1%+319.8%0.489%
2/11/2026Franklin Resources Inc.19,992$962K0.0%+3.3%0.116%
2/11/2026Brandywine Global Investment Management LLC33,147$1.59M0.0%-3.8%0.193%
2/11/2026JPMorgan Chase & Co.195,038$9.38M0.0%-9.1%1.135%
2/11/2026Los Angeles Capital Management LLC9,179$402K0.0%-19.3%0.053%
2/10/2026Goldman Sachs Group Inc.133,499$6.42M0.0%+23.9%0.777%
2/10/2026Natixis Advisors LLC10,329$497K0.0%+2.4%0.060%
2/10/2026Intech Investment Management LLC6,181$297K0.0%-18.0%0.036%
Now that SpaceX is public, buy this ticker (no, not SpaceX or Tesla) (Ad)

The SpaceX IPO wasn't the big trade - according to Larry Benedict, founder of The Opportunistic Trader, it was the trigger. Benedict, who delivered a 279% return on cash in 2025 across a 20-year winning streak, says the listing launched what he calls the 'Final Phase of Elon's Master Plan.' He's identified one specific ticker - not SpaceX, Tesla, or any Elon-affiliated company - that he believes could see billions in inflows as this phase unfolds. He calls it his trade of the year.tc pixel

Watch the video now to get the ticker name and full trade details
2/9/2026Geode Capital Management LLC402,616$19.37M0.0%-2.3%2.343%
2/9/2026North Star Asset Management Inc.374,544$18.02M0.7%+5.4%2.180%
2/6/2026 LSV Asset Management295,086$14.19M0.0%-1.7%1.718%
2/6/2026ProShare Advisors LLC130,082$6.26M0.0%-0.3%0.757%
2/5/2026 Abacus Wealth Partners LLC6,079$292K0.0%N/A0.035%
2/5/2026Wakefield Asset Management LLLP22,418$1.08M0.3%-0.9%0.130%
2/5/2026 Blue Water Asset Management5,591$269K0.1%N/A0.033%
2/4/2026 Bailard Inc.18,501$890K0.0%+8.8%0.108%
2/3/2026 LaFleur & Godfrey LLC29,233$1.41M0.2%-11.1%0.170%
1/29/2026Vanguard Group Inc.1,066,368$51.29M0.0%+2.6%6.207%


MBWM Institutional Ownership - Frequently Asked Questions

During the previous two years, 182 institutional investors and hedge funds held shares of Mercantile Bank. The most heavily invested institutionals were BlackRock Inc. ($88.11M), Dimensional Fund Advisors LP ($52.16M), Vanguard Group Inc. ($51.29M), Renaissance Technologies LLC ($23.85M), American Century Companies Inc. ($22.25M), State Street Corp ($21.50M), and Geode Capital Management LLC ($19.37M).Learn more on Mercantile Bank's institutional investors.

58.63% of Mercantile Bank's stock is owned by institutional investors. Learn more on MBWM's institutional investor holdings.

Of the 155 institutional investors that purchased Mercantile Bank's stock in the last 24 months, the following investors and hedge funds have bought the highest volume of shares: BlackRock Inc. ($1.53M), Wellington Management Group LLP ($294.81K), Tributary Capital Management LLC ($279.25K), JPMorgan Chase & Co. ($244.90K), Vanguard Group Inc. ($176.95K), American Century Companies Inc. ($134.02K), and AQR Capital Management LLC ($124.37K).

Institutional investors have bought a total of 3,253,394 shares in the last 24 months. This purchase volume represents approximately $169.85M in transactions.

Of the 78 institutional investors that sold Mercantile Bank's stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Millennium Management LLC ($124.30K), Banc Funds Co. LLC ($64.31K), SG Americas Securities LLC ($37.06K), Tudor Investment Corp ET AL ($34.21K), Dimensional Fund Advisors LP ($31.28K), Nuveen LLC ($26.77K), and LSV Asset Management ($26.40K).

Institutional investors have sold a total of 743,478 shares in the last 24 months. This volume of shares sold represents approximately $34.85M in transactions.



Institutional ownership data for NASDAQ:MBWM is compiled from quarterly 13F filings submitted to the U.S. Securities and Exchange Commission (SEC), with the most recent received on 8/8/2026. New 13F filings are added each quarter as they're published.
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