Merchants BancorpMBIN
13F holders, Q1 2025 (March 31)160holders −10
19new positions
30sold out
6famous investors
$36.99avg. 13F price*
At the end of Q1 2025, 160 institutions reported holding Merchants Bancorp (MBIN) in their 13F filings, down 10 from Q4 2024. 19 opened new positions and 30 sold out. The largest holders were BlackRock, Inc. ($56.5M), Dimensional Fund Advisors LP ($51.5M) and Vanguard Group Inc. ($45.7M). 6 famous investors held it, including Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio), David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Merchants Bancorp
- CUSIP
- 58844R108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 19 | $16.7M |
| Exits | 30 | $1.0B |
All 13F filers, Q4 2024 → Q1 2025: 2,244,248 shares bought and 29,264,850 shares sold, net −27,020,602 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 160 holders
| BlackRock, Inc. | 0.00% | Add +0.2% | 1,527,924 | $56.5M |
| Dimensional Fund Advisors LP | 0.01% | Add +9.8% | 1,391,748 | $51.5M |
| Vanguard Group Inc. | 0.00% | Add +2.2% | 1,233,965 | $45.7M |
| Macquarie Group Ltd. | 0.04% | Add +240.6% | 888,362 | $32.9M |
| Royce & Associates LP | 0.28% | Add +21.2% | 686,507 | $25.4M |
| Geode Capital Management, LLC | 0.00% | Add +2.6% | 580,347 | $21.5M |
| Basswood Capital Management, L.L.C. | 1.20% | Reduce -0.8% | 577,201 | $21.4M |
| American Century Companies Inc. | 0.01% | Add +8.0% | 512,942 | $19.0M |
| Invesco Ltd. | 0.00% | Add +1.9% | 480,622 | $17.8M |
| State Street Corp. | 0.00% | Reduce -1.4% | 461,286 | $17.1M |
| Banc Funds Co. LLC | 1.88% | Reduce -3.7% | 385,915 | $14.3M |
| FJ Capital Management LLC | 1.21% | New | 316,190 | $11.7M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | Add +24.5% | 300,550 | $11.1M |
| Marshall Wace, LLP | 0.01% | Add +20.6% | 297,799 | $11.0M |
| Janus Henderson Group PLC | 0.01% | Add +911.0% | 286,170 | $10.6M |
| Morgan Stanley | 0.00% | Reduce -4.3% | 279,093 | $10.3M |
| JPMorgan Chase & Co. | 0.00% | Reduce -4.6% | 268,063 | $9.9M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -49.4% | 242,559 | $9.0M |
| Valeo Financial Advisors, LLC | 0.23% | Add +0.0% | 225,427 | $8.3M |
| Royal Bank of Canada | 0.00% | Add +1.0% | 220,170 | $8.1M |
| Sei Investments Co. | 0.01% | Add +0.9% | 211,716 | $7.8M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -2.4% | 202,352 | $7.5M |
| PL Capital Advisors, LLC | 2.34% | No change | 188,294 | $7.0M |
| Northern Trust Corp. | 0.00% | Reduce -3.4% | 173,032 | $6.4M |
| Denali Advisors LLC | 0.72% | Reduce -6.8% | 170,154 | $6.3M |
| Bank of America Corp. | 0.00% | Add +421.9% | 164,394 | $6.1M |
| Bank of New York Mellon Corp | 0.00% | Add +0.6% | 144,701 | $5.4M |
| Nuveen, LLC | 0.00% | — | 142,571 | $5.3M |
| D. E. Shaw & Co. | 0.00% | Add +75.5% | 101,339 | $3.7M |
| Jacobs Levy Equity Management, Inc. | 0.01% | Reduce -6.8% | 100,561 | $3.7M |
| Ameriprise Financial Inc. | 0.00% | Add +9.6% | 90,100 | $3.3M |
| Russell Investments Group, Ltd. | 0.00% | Add +57.0% | 86,629 | $3.2M |
| Black Maple Capital Management LP | 2.31% | Add +352.7% | 79,481 | $2.9M |
| First Trust Advisors LP | 0.00% | Reduce -42.4% | 78,568 | $2.9M |
| AQR Capital Management | 0.00% | Reduce -12.3% | 73,972 | $2.7M |
| Brandywine Global Investment Management, LLC | 0.02% | Reduce -4.0% | 60,637 | $2.2M |
| Sapient Capital LLC | 0.04% | Reduce -21.8% | 57,930 | $2.1M |
| Raymond James Financial Inc. | 0.00% | Reduce -1.6% | 56,514 | $2.1M |
| New York State Common Retirement Fund | 0.00% | Reduce -8.6% | 55,334 | $2.0M |
| UBS Group AG | 0.00% | Add +46.8% | 55,082 | $2.0M |
| Susquehanna International Group, LLP | 0.00% | Add +79.8% | 50,060 | $1.9M |
| LPL Financial LLC | 0.00% | Add +1.1% | 48,429 | $1.8M |
| Knights of Columbus Asset Advisors LLC | 0.12% | Reduce -27.7% | 45,480 | $1.7M |
| Deutsche Bank AG | 0.00% | Add +167.1% | 41,595 | $1.5M |
| Franklin Resources Inc. | 0.00% | Add +2.2% | 41,111 | $1.5M |
| Swiss National Bank | 0.00% | No change | 40,200 | $1.5M |
| Boston Partners | 0.00% | Reduce -87.3% | 42,921 | $1.5M |
| Twelve Points Wealth Management LLC | 0.38% | Add +5.5% | 37,783 | $1.4M |
| Jackson Creek Investment Advisors LLC | 0.44% | New | 37,507 | $1.4M |
| Qube Research & Technologies Ltd | 0.00% | Reduce -52.4% | 37,482 | $1.4M |
| Citadel Advisors | 0.00% | Reduce -79.8% | 37,352 | $1.4M |
| Formidable Asset Management, LLC | 0.21% | No change | 34,400 | $1.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +38.0% | 33,855 | $1.3M |
| Jane Street Group, LLC | 0.00% | Add +60.3% | 32,874 | $1.2M |
| FMR LLC | 0.00% | Add +2425.3% | 32,678 | $1.2M |
| Rosenthal | Henry Capital Advisors, Inc. | 1.22% | No change | 32,602 | $1.2M |
| Dark Forest Capital Management LP | 0.05% | Add +66.0% | 30,742 | $1.1M |
| Renaissance Technologies | 0.00% | Reduce -65.7% | 29,900 | $1.1M |
| Rhumbline Advisers | 0.00% | Reduce -5.1% | 27,288 | $1.0M |
| Wakefield Asset Management LLLP | 0.30% | New | 26,886 | $995K |
| James Investment Research, Inc. | 0.11% | No change | 23,770 | $879K |
| Barclays PLC | 0.00% | Reduce -29.0% | 22,506 | $833K |
| Advisor Resource Council | 0.07% | New | 23,876 | $830K |
| PNC Financial Services Group, Inc. | 0.00% | Add +0.6% | 22,156 | $820K |
| Legal & General Group Plc | 0.00% | Reduce -4.3% | 20,882 | $773K |
| Millennium Management | 0.00% | Reduce -83.9% | 20,282 | $750K |
| California State Teachers Retirement System | 0.00% | No change | 19,067 | $705K |
| Alliancebernstein L.P. | 0.00% | No change | 18,030 | $667K |
| T. Rowe Price Associates Inc. | 0.00% | Add +141.7% | 16,589 | $614K |
| Semanteon Capital Management, LP | 0.33% | Add +13.9% | 16,333 | $604K |
| Trexquant Investment LP | 0.01% | Reduce -68.5% | 16,200 | $599K |
| Stifel Financial Corp. | 0.00% | No change | 16,075 | $595K |
| BCGM Wealth Management, LLC | 0.18% | Add +0.3% | 15,436 | $571K |
| Tudor Investment Corporation | 0.01% | Reduce -52.5% | 15,239 | $564K |
| STRS Ohio | 0.00% | Reduce -12.8% | 15,000 | $555K |
| Citigroup Inc. | 0.00% | Reduce -56.6% | 14,975 | $554K |
| Wells Fargo & Company | 0.00% | Add +1.9% | 13,872 | $513K |
| Intech Investment Management LLC | 0.01% | Add +31.9% | 13,769 | $509K |
| Osaic Holdings, Inc. | 0.00% | Add +14.3% | 13,492 | $499K |
| Verition Fund Management LLC | 0.00% | Add +67.3% | 12,924 | $478K |
| Federated Hermes, Inc. | 0.00% | Reduce -42.7% | 12,409 | $459K |
| NewEdge Wealth, LLC | 0.01% | Add +21.6% | 12,384 | $458K |
| Engineers Gate Manager LP | 0.01% | Add +45.8% | 12,246 | $453K |
| Nebula Research & Development LLC | 0.04% | Add +8.9% | 12,002 | $444K |
| Mackenzie Financial Corp. | 0.00% | Add +10.7% | 11,982 | $443K |
| Victory Capital Management Inc. | 0.00% | Add +3.8% | 11,891 | $440K |
| HRT Financial LP | 0.00% | Reduce -67.3% | 11,532 | $426K |
| Creative Planning | 0.00% | Add +90.0% | 11,447 | $424K |
| Commonwealth Equity Services, LLC | 0.00% | Add +0.0% | 11,307 | $418K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -13.1% | 11,136 | $412K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +4.4% | 10,741 | $397K |
| MetLife Investment Management, LLC | 0.00% | Reduce -1.5% | 10,662 | $394K |
| Aldebaran Capital, LLC | 0.35% | No change | 10,125 | $375K |
| Algert Global LLC | 0.01% | New | 9,803 | $363K |
| Alps Advisors Inc. | 0.00% | Add +17.5% | 9,391 | $347K |
| Corebridge Financial, Inc. | 0.00% | Reduce -1.5% | 8,862 | $328K |
| Yorktown Management & Research Co Inc | 0.35% | No change | 8,800 | $326K |
| Westwood Holdings Group Inc. | 0.00% | Reduce -8.4% | 8,614 | $319K |
| Sowell Financial Services LLC | 0.01% | New | 8,585 | $318K |
| Virtus Advisers, LLC | 0.21% | New | 8,350 | $309K |
| Cetera Investment Advisers | 0.00% | Reduce -17.1% | 8,128 | $301K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -36.7% | 8,082 | $299K |
| Susquehanna Fundamental Investments, LLC | 0.00% | New | 7,600 | $281K |
| Meeder Advisory Services, Inc. | 0.02% | No change | 7,500 | $278K |
| Capula Management Ltd | 0.00% | New | 7,480 | $277K |
| Peloton Wealth Strategists | 0.11% | No change | 6,735 | $249K |
| Harbor Capital Advisors, Inc. | 0.01% | Add +26.8% | 6,641 | $246K |
| XTX Topco Ltd | 0.01% | Reduce -41.6% | 6,271 | $232K |
| SG Americas Securities, LLC | 0.00% | Reduce -22.5% | 5,963 | $221K |
| Freedom Investment Management, Inc. | 0.02% | Reduce -10.0% | 5,939 | $220K |
| Brevan Howard Capital Management LP | 0.01% | New | 5,906 | $219K |
| Arizona State Retirement System | 0.00% | Reduce -1.2% | 5,895 | $218K |
| Advisory Services Network, LLC | 0.00% | Reduce -13.0% | 5,753 | $213K |
| Quantbot Technologies LP | 0.01% | Reduce -71.5% | 4,928 | $182K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 4,755 | $176K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 3,863 | $143K |
| Matrix Trust Co | 0.02% | Add +45.0% | 3,830 | $142K |
| KLP Kapitalforvaltning As | 0.00% | Reduce -65.4% | 3,550 | $132K |
| US Bancorp \de | 0.00% | Reduce -48.8% | 3,009 | $111K |
| AlphaQuest LLC | 0.01% | Reduce -4.2% | 2,967 | $110K |
| Aquatic Capital Management LLC | 0.00% | Reduce -61.2% | 2,789 | $103K |
| 2UniFi Bank | 0.06% | No change | 2,257 | $92K |
| Catalyst Capital Advisors LLC | 0.00% | No change | 2,450 | $91K |
| CANADA LIFE ASSURANCE Co | 0.00% | No change | 2,191 | $81K |
| BNP Paribas Financial Markets | 0.00% | Reduce -92.0% | 2,152 | $80K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,832 | $68K |
| Cwm, LLC | 0.00% | Add +168.9% | 1,358 | $50K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -70.5% | 1,048 | $39K |
| Signaturefd, LLC | 0.00% | Add +182.2% | 731 | $27K |
| Amalgamated Bank | 0.00% | Add +12.0% | 625 | $23K |
| NewEdge Advisors, LLC | 0.00% | New | 608 | $22K |
| MeadowBrook Investment Advisors LLC | 0.02% | No change | 600 | $22K |
| Parkside Financial Bank & Trust | 0.00% | Reduce -44.2% | 583 | $22K |
| Picton Mahoney Asset Management | 0.00% | Add +121.3% | 571 | $21K |
| Comerica Bank | 0.00% | Reduce -0.4% | 523 | $19K |
| Quadrant Capital Group LLC | 0.00% | Reduce -0.3% | 369 | $14K |
| Capital Advisors, Ltd. LLC | 0.00% | No change | 318 | $12K |
| Sterling Capital Management LLC | 0.00% | Reduce -46.3% | 312 | $12K |
| First Horizon Advisors, Inc. | 0.00% | New | 265 | $10K |
| McIlrath & Eck, LLC | 0.00% | No change | 230 | $9K |
| GAMMA Investing LLC | 0.00% | Add +22.8% | 194 | $7K |
| Brooklyn Investment Group | 0.00% | New | 144 | $5K |
| Steward Partners Investment Advisory, LLC | 0.00% | No change | 115 | $4K |
| True Wealth Design, LLC | 0.00% | Add +61.9% | 102 | $4K |
| Covestor Ltd | 0.00% | Add +9.5% | 81 | $3K |
| Parallel Advisors, LLC | 0.00% | Add +13.6% | 75 | $3K |
| Lindbrook Capital, LLC | 0.00% | Add +30.4% | 73 | $3K |
| Coldstream Capital Management Inc. | 0.00% | New | 63 | $2K |
| Rothschild Investment LLC | 0.00% | Add +400.0% | 50 | $2K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +4900.0% | 50 | $2K |
| Quarry LP | 0.00% | New | 36 | $1K |
| Rise Advisors, LLC | 0.00% | New | 24 | $888 |
| Nisa Investment Advisors, LLC | 0.00% | No change | 19 | $705 |
| Caitong International Asset Management Co., Ltd | 0.00% | New | 12 | $444 |
| Stephens Consulting, LLC | 0.00% | New | 10 | $370 |
| Allworth Financial LP | 0.00% | New | 9 | $297 |
| Bruce G. Allen Investments, LLC | 0.00% | Reduce -45.5% | 6 | $222 |
| Atwood & Palmer Inc. | 0.00% | No change | 1 | $37 |
| SBI Securities Co., Ltd. | 0.00% | Reduce -95.8% | 1 | $37 |
| Farther Finance Advisors, LLC | 0.00% | No change | 1 | $37 |
"% of holder's portfolio" is MBIN's weight in each manager's 13F, not the share of Merchants Bancorp the manager owns.