Merchants BancorpMBIN
13F holders, Q4 2025 (December 31)151holders −7
11new positions
21sold out
5famous investors
$34.06avg. 13F price*
At the end of Q4 2025, 151 institutions reported holding Merchants Bancorp (MBIN) in their 13F filings, down 7 from Q3 2025. 11 opened new positions and 21 sold out. The largest holders were BlackRock, Inc. ($64.1M), Dimensional Fund Advisors LP ($56.4M) and Vanguard Group Inc. ($48.2M). 5 famous investors held it, including David E. Shaw (0.0% of D. E. Shaw & Co.'s portfolio), Israel Englander (0.0% of Millennium Management's portfolio) and Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio).
- Company
- Merchants Bancorp
- CUSIP
- 58844R108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 11 | $3.6M |
| Exits | 21 | $59.7M |
All 13F filers, Q3 2025 → Q4 2025: 2,110,442 shares bought and 2,890,163 shares sold, net −779,721 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 151 holders
| BlackRock, Inc. | 0.00% | Add +1.5% | 1,881,468 | $64.1M |
| Dimensional Fund Advisors LP | 0.01% | Add +3.4% | 1,656,898 | $56.4M |
| Vanguard Group Inc. | 0.00% | Add +2.6% | 1,414,584 | $48.2M |
| Doma Perpetual Capital Management LLC | 10.68% | Add +1088.9% | 1,115,594 | $38.0M |
| Nomura Asset Management International Inc. | 0.06% | — | 1,110,383 | $37.8M |
| Royce & Associates LP | 0.28% | Reduce -6.2% | 808,314 | $27.5M |
| Geode Capital Management, LLC | 0.00% | Add +2.7% | 715,394 | $24.4M |
| American Century Companies Inc. | 0.01% | Add +7.2% | 675,517 | $23.0M |
| State Street Corp. | 0.00% | Add +4.7% | 574,086 | $19.6M |
| Hotchkis & Wiley Capital Management LLC | 0.04% | Add +0.3% | 391,068 | $13.3M |
| Basswood Capital Management, L.L.C. | 0.41% | No change | 273,747 | $9.3M |
| Northern Trust Corp. | 0.00% | Reduce -6.7% | 256,199 | $8.7M |
| Morgan Stanley | 0.00% | Add +8.7% | 254,779 | $8.7M |
| Banc Funds Co. LLC | 1.65% | Reduce -28.3% | 244,462 | $8.3M |
| Valeo Financial Advisors, LLC | 0.18% | Add +0.0% | 244,108 | $8.3M |
| Denali Advisors LLC | 0.90% | Reduce -0.8% | 237,614 | $8.1M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -1.0% | 234,637 | $8.0M |
| Royal Bank of Canada | 0.00% | Reduce -6.9% | 205,953 | $7.0M |
| D. E. Shaw & Co. | 0.01% | Add +23.4% | 180,308 | $6.1M |
| Bank of New York Mellon Corp | 0.00% | Reduce -3.7% | 164,371 | $5.6M |
| Goldman Sachs Group Inc. | 0.00% | Add +97.5% | 162,285 | $5.5M |
| First Trust Advisors LP | 0.00% | Add +458.7% | 141,145 | $4.8M |
| Marshall Wace, LLP | 0.00% | Add +10.4% | 140,168 | $4.8M |
| Qube Research & Technologies Ltd | 0.01% | Add +1079.6% | 139,256 | $4.7M |
| Ballast Asset Management, LP | 2.14% | Reduce -3.3% | 133,296 | $4.5M |
| Millennium Management | 0.00% | Reduce -64.9% | 128,011 | $4.4M |
| Russell Investments Group, Ltd. | 0.00% | Add +15.2% | 122,690 | $4.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -43.2% | 101,714 | $3.5M |
| Raymond James Financial Inc. | 0.00% | Reduce -8.2% | 83,629 | $2.8M |
| Black Maple Capital Management LP | 2.09% | Reduce -36.4% | 82,092 | $2.8M |
| Two Sigma Investments, LP | 0.00% | Reduce -54.3% | 80,276 | $2.7M |
| UBS Group AG | 0.00% | Add +84.4% | 75,592 | $2.6M |
| Sapient Capital LLC | 0.04% | Add +41.2% | 75,521 | $2.6M |
| New York State Common Retirement Fund | 0.00% | Reduce -6.1% | 71,034 | $2.4M |
| Deutsche Bank AG | 0.00% | Reduce -28.0% | 68,731 | $2.3M |
| Trexquant Investment LP | 0.02% | Add +35.6% | 67,660 | $2.3M |
| Y-Intercept (Hong Kong) Ltd | 0.05% | Add +141.8% | 66,816 | $2.3M |
| Bank of America Corp. | 0.00% | Reduce -12.6% | 63,775 | $2.2M |
| HRT Financial LP | 0.01% | Add +223.8% | 59,224 | $2.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +137.0% | 58,969 | $2.0M |
| Dark Forest Capital Management LP | 0.09% | Add +14.9% | 57,154 | $1.9M |
| Mackenzie Financial Corp. | 0.00% | Add +200.7% | 57,324 | $1.9M |
| Sei Investments Co. | 0.00% | Add +315.1% | 55,924 | $1.9M |
| Man Group plc | 0.00% | New | 55,832 | $1.9M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.9% | 53,926 | $1.8M |
| FMR LLC | 0.00% | Add +30.6% | 50,055 | $1.7M |
| Nuveen, LLC | 0.00% | Reduce -3.4% | 46,718 | $1.6M |
| Invesco Ltd. | 0.00% | Add +1.5% | 45,818 | $1.6M |
| Renaissance Technologies | 0.00% | Reduce -22.4% | 45,300 | $1.5M |
| Ameriprise Financial Inc. | 0.00% | Reduce -52.7% | 44,050 | $1.5M |
| AQR Capital Management | 0.00% | Add +22.7% | 41,872 | $1.4M |
| Swiss National Bank | 0.00% | Add +1.8% | 40,700 | $1.4M |
| Barclays PLC | 0.00% | Add +10.6% | 40,404 | $1.4M |
| LPL Financial LLC | 0.00% | Reduce -7.5% | 36,792 | $1.3M |
| AlphaQuest LLC | 0.07% | Add +136.5% | 35,063 | $1.2M |
| Quantinno Capital Management LP | 0.00% | Add +47.1% | 34,122 | $1.2M |
| Rhumbline Advisers | 0.00% | Reduce -11.9% | 33,321 | $1.1M |
| Formidable Asset Management, LLC | 0.16% | No change | 34,400 | $1.1M |
| Wells Fargo & Company | 0.00% | Add +40.2% | 32,062 | $1.1M |
| Alliancebernstein L.P. | 0.00% | No change | 27,530 | $938K |
| BNP Paribas Financial Markets | 0.00% | Reduce -38.1% | 27,395 | $933K |
| Twelve Points Wealth Management LLC | 0.19% | Reduce -31.5% | 24,035 | $862K |
| Citadel Advisors | 0.00% | Reduce -69.9% | 25,225 | $859K |
| T. Rowe Price Associates Inc. | 0.00% | Add +9.1% | 24,014 | $818K |
| James Investment Research, Inc. | 0.09% | No change | 23,770 | $810K |
| Pacific Ridge Capital Partners, LLC | 0.16% | Add +44.1% | 21,936 | $747K |
| Legal & General Group Plc | 0.00% | Reduce -4.4% | 21,671 | $738K |
| XTX Topco Ltd | 0.02% | Reduce -28.3% | 20,846 | $710K |
| California State Teachers Retirement System | 0.00% | Reduce -0.1% | 19,342 | $659K |
| STRS Ohio | 0.00% | Reduce -9.7% | 18,700 | $637K |
| Inspire Investing, LLC | 0.06% | Add +29.3% | 18,536 | $631K |
| Franklin Resources Inc. | 0.00% | Reduce -0.5% | 17,340 | $591K |
| Curry Webb Wealth Management LLC | 0.29% | — | 17,232 | $587K |
| Verition Fund Management LLC | 0.00% | Reduce -60.5% | 16,600 | $565K |
| Stifel Financial Corp. | 0.00% | Add +0.3% | 16,221 | $552K |
| MetLife Investment Management, LLC | 0.00% | No change | 15,574 | $530K |
| BCGM Wealth Management, LLC | 0.13% | No change | 15,477 | $527K |
| Mirabella Financial Services LLP | 0.05% | New | 15,003 | $511K |
| Balyasny Asset Management L.P. | 0.00% | Add +14.8% | 14,976 | $510K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -5.4% | 14,810 | $504K |
| Impact Partnership Wealth, LLC | 0.06% | No change | 14,519 | $495K |
| Susquehanna International Group, LLP | 0.00% | Reduce -21.4% | 14,232 | $485K |
| Federated Hermes, Inc. | 0.00% | Add +42.9% | 13,720 | $467K |
| Jump Financial, LLC | 0.01% | Reduce -66.4% | 12,733 | $434K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -1.1% | 12,024 | $410K |
| Commonwealth Equity Services, LLC | 0.00% | Add +1.3% | 11,942 | $407K |
| Squarepoint Ops LLC | 0.00% | Reduce -55.9% | 11,927 | $406K |
| Oxford Financial Group, LTD. LLC | 0.02% | No change | 11,137 | $379K |
| HSBC Holdings PLC | 0.00% | New | 10,397 | $355K |
| Aldebaran Capital, LLC | 0.31% | No change | 10,125 | $345K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -69.1% | 9,866 | $336K |
| Intech Investment Management LLC | 0.00% | Reduce -12.0% | 9,418 | $321K |
| HFG Advisors, Inc. | 0.23% | New | 9,267 | $316K |
| SG Americas Securities, LLC | 0.00% | Reduce -20.4% | 8,331 | $284K |
| Harbor Capital Advisors, Inc. | 0.02% | Add +12.4% | 7,846 | $267K |
| Inspire Advisors, LLC | 0.02% | New | 7,692 | $262K |
| Cetera Investment Advisers | 0.00% | Add +1.3% | 7,597 | $259K |
| Meeder Advisory Services, Inc. | 0.01% | No change | 7,500 | $255K |
| Numerai GP LLC | 0.03% | New | 7,464 | $254K |
| Advisory Services Network, LLC | 0.00% | Add +2.3% | 7,222 | $246K |
"% of holder's portfolio" is MBIN's weight in each manager's 13F, not the share of Merchants Bancorp the manager owns.