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Mercantile Bank (MBWM) Institutional Ownership

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$60.03 -0.35 (-0.58%)
Closing price 09/18/2026 04:00 PM Eastern
Extended Trading
$60.01 -0.02 (-0.03%)
As of 09/18/2026 07:30 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

Institutional Ownership Changes (13F Filings) for Mercantile Bank (NASDAQ:MBWM)

Current
Institutional Ownership
Percentage
58.63%
Number of
Institutional Buyers
(last 12 months)
104
Total
Institutional Inflows
(last 12 months)
$201.07M
Number of
Institutional Sellers
(last 12 months)
71
Total
Institutional Outflows
(last 12 months)
$37.55M
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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
9/9/2026 Sequoia Financial Advisors LLC7,719$443K0.0%N/A0.045%
9/9/2026 Integrated Wealth Concepts LLC944$54K0.0%N/A0.005%
9/8/2026 Arizona State Retirement System4,528$260K0.0%+6.8%0.026%
8/26/2026 HighTower Advisors LLC6,426$369K0.0%-6.1%0.037%
8/22/2026 Old Mission Investment Co LLC3,984$229K0.0%N/A0.023%
8/20/2026 Susquehanna Fundamental Investments LLC10,098$580K0.0%N/A0.058%
8/19/2026 UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC24,134$1.39M0.0%-0.7%0.140%
8/19/2026 Wellington Management Group LLP1,087,998$62.47M0.0%-8.5%6.293%
8/18/2026 North Star Asset Management Inc.377,427$21.67M0.9%N/A2.183%
8/18/2026 Empowered Funds LLC30,969$1.78M0.0%N/A0.179%
8/18/2026 Ruggaard & Associates LLC3,970$228K0.1%N/A0.023%
8/18/2026 Public Employees Retirement System of Ohio3,104$178K0.0%N/A0.018%
8/17/2026 Bank of America Corp DE24,033$1.38M0.0%N/A0.139%
8/15/2026 Man Group plc19,924$1.14M0.0%N/A0.115%
8/15/2026 Jupiter Topco LLC6,739$387K0.0%N/A0.039%
8/14/2026 Canada Pension Plan Investment Board11,900$683K0.0%N/A0.069%
8/14/2026 Legal & General Group Plc12,752$732K0.0%N/A0.074%
8/14/2026 The Manufacturers Life Insurance Company4,496$258K0.0%N/A0.026%
8/14/2026 Fiduciary Financial Advisors15,923$914K0.1%N/A0.092%
8/13/2026 Connor Clark & Lunn Investment Management Ltd.48,392$2.78M0.0%N/A0.280%
8/12/2026 Quantbot Technologies LP4,487$258K0.0%N/A0.026%
8/12/2026 De Lisle Partners LLP75,649$4.35M0.5%N/A0.438%
8/12/2026 Ieq Capital LLC17,704$1.02M0.0%N/A0.102%
8/12/2026 Burnham & Co LLC500$29K0.0%N/A0.003%
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%
5/19/2026 Bank of America Corp DE36,777$1.86M0.0%+31.0%0.213%
5/18/2026 Royal Bank of Canada11,564$584K0.0%-60.3%0.067%
5/18/2026 Empowered Funds LLC78,969$3.99M0.0%+6.9%0.457%
5/16/2026 The Manufacturers Life Insurance Company4,669$236K0.0%-5.5%0.027%
5/16/2026 Quantinno Capital Management LP26,732$1.35M0.0%+39.3%0.155%
5/16/2026 Lazard Asset Management LLC17,569$887K0.0%+6.2%0.102%
5/14/2026 Renaissance Technologies LLC472,213$23.85M0.0%-4.8%2.734%
5/14/2026 Modern Wealth Management LLC8,606$439K0.0%N/A0.050%
5/14/2026 Arrowstreet Capital Limited Partnership64,904$3.28M0.0%-9.3%0.376%
Man who Predicted Trump 2016 Win: “Prepare for Mid-Term Meltdown” (Ad)

In 2016, major election models gave Hillary Clinton a 99% chance of winning - but former CIA and Pentagon adviser Jim Rickards publicly predicted a Trump victory before election night. Now Rickards is issuing a new forecast he calls a potential mid-term meltdown, one he believes could send shockwaves through financial markets.tc pixel

See Jim Rickards' full market warning and what it means for your portfolio
5/14/2026 Sei Investments Co.14,507$733K0.0%+76.8%0.084%
5/13/2026 First 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%
5/7/2026 Dimensional Fund Advisors LP1,032,888$52.16M0.0%+0.1%5.981%
5/6/2026 Allspring 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%
4/23/2026 Inspire 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%
3/20/2026 Hsbc 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%
2/19/2026 Invesco Ltd.23,411$1.13M0.0%-16.6%0.136%
2/18/2026 Mercer Global Advisors Inc. ADV109,572$5.27M0.0%-0.9%0.638%
2/18/2026 EP Wealth Advisors LLC5,554$267K0.0%N/A0.032%
2/18/2026 Mackenzie Financial Corp6,410$307K0.0%N/A0.037%
2/18/2026 Empowered Funds LLC73,878$3.55M0.0%+12.2%0.430%
2/18/2026 Zacks Investment Management6,939$334K0.0%-6.9%0.040%
2/18/2026 Wellington Management Group LLP294,813$14.18M0.0%N/A1.716%
2/18/2026 Susquehanna Portfolio Strategies LLC8,811$424K0.0%-3.3%0.051%
2/18/2026 Tudor Investment Corp ET AL23,319$1.12M0.0%-49.8%0.136%
2/18/2026 Millennium Management LLC23,711$1.14M0.0%-71.3%0.138%
2/18/2026 Man Group plc13,544$651K0.0%-11.1%0.079%
2/18/2026 Inspire Investing LLC9,715$467K0.0%-3.5%0.057%
2/18/2026 Elizabeth Park Capital Advisors Ltd.50,971$2.45M2.0%N/A0.297%
2/18/2026 Engineers Gate Manager LP4,264$205K0.0%-62.1%0.025%
2/18/2026 Bridgeway Capital Management LLC120,133$5.78M0.1%+6.2%0.699%
2/17/2026 AQR Capital Management LLC159,564$7.68M0.0%-12.1%0.929%
2/17/2026 Lazard Asset Management LLC16,542$796K0.0%+2.8%0.096%
2/17/2026 Price T Rowe Associates Inc. MD9,036$435K0.0%+7.9%0.053%
2/17/2026 Regal Investment Advisors LLC10,560$508K0.0%-21.8%0.061%
2/17/2026 Osaic Holdings Inc.24,825$1.19M0.0%-12.0%0.144%
2/17/2026 California 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%
2/17/2026 State of Wisconsin Investment Board8,620$415K0.0%+31.1%0.050%
2/17/2026 Royal 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%
2/16/2026 Mariner LLC6,577$316K0.0%+9.6%0.038%
2/16/2026 Barclays PLC42,713$2.05M0.0%+44.2%0.249%
2/13/2026 Kestra Advisory Services LLC543$26K0.0%N/A0.003%
2/13/2026 Marshall Wace LLP28,415$1.37M0.0%+87.2%0.165%
2/13/2026 The Manufacturers Life Insurance Company 4,943$238K0.0%-11.0%0.029%
2/13/2026 Rafferty Asset Management LLC8,637$415K0.0%-35.6%0.050%
2/13/2026 First Trust Advisors LP6,493$312K0.0%-28.1%0.038%
2/13/2026 State Street Corp447,016$21.50M0.0%-5.0%2.602%
Man who Predicted Trump 2016 Win: “Prepare for Mid-Term Meltdown” (Ad)

In 2016, major election models gave Hillary Clinton a 99% chance of winning - but former CIA and Pentagon adviser Jim Rickards publicly predicted a Trump victory before election night. Now Rickards is issuing a new forecast he calls a potential mid-term meltdown, one he believes could send shockwaves through financial markets.tc pixel

See Jim Rickards' full market warning and what it means for your portfolio
2/13/2026 Ieq Capital LLC19,136$920K0.0%-25.8%0.111%
2/13/2026 UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC23,548$1.13M0.0%+0.9%0.137%
2/13/2026 De Lisle Partners LLP75,649$3.64M0.5%+1.8%0.440%
2/13/2026 Wells Fargo & Company MN44,288$2.13M0.0%+9.0%0.258%
2/13/2026 Quadrant Capital Group LLC891$43K0.0%+63.8%0.005%
2/12/2026 State Board of Administration of Florida Retirement System4,400$212K0.0%N/A0.026%
2/12/2026 Banc Funds Co. LLC130,841$6.29M1.2%-18.4%0.762%
2/12/2026 Renaissance Technologies LLC496,213$23.87M0.0%+1.2%2.888%
2/12/2026 Dimensional Fund Advisors LP1,031,485$49.61M0.0%-1.6%6.004%
2/12/2026 Federated Hermes Inc.10,622$511K0.0%+39.9%0.062%


MBWM Institutional Ownership - Frequently Asked Questions

During the previous two years, 192 institutional investors and hedge funds held shares of Mercantile Bank. The most heavily invested institutionals were BlackRock Inc. ($88.11M), Wellington Management Group LLP ($62.47M), Dimensional Fund Advisors LP ($52.16M), Vanguard Group Inc. ($51.29M), Renaissance Technologies LLC ($23.85M), American Century Companies Inc. ($22.25M), and North Star Asset Management Inc. ($21.67M).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 165 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), North Star Asset Management Inc. ($396.63K), Wellington Management Group LLP ($294.81K), Tributary Capital Management LLC ($279.25K), JPMorgan Chase & Co. ($244.90K), Vanguard Group Inc. ($176.95K), and American Century Companies Inc. ($134.02K).

Institutional investors have bought a total of 3,764,505 shares in the last 24 months. This purchase volume represents approximately $201.07M in transactions.

Of the 71 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), Wellington Management Group LLP ($101.03K), 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), and Nuveen LLC ($26.77K).

Institutional investors have sold a total of 777,457 shares in the last 24 months. This volume of shares sold represents approximately $37.55M 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 9/9/2026. New 13F filings are added each quarter as they're published.
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