Mercantile BankMBWM
13F holders, Q1 2024 (March 31)155holders
4famous investors
$38.49avg. 13F price*
At the end of Q1 2024, 155 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings. The largest holders were BlackRock Inc. ($57.9M), Dimensional Fund Advisors LP ($44.7M) and Vanguard Group Inc. ($31.0M). 4 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio).
- Company
- Mercantile Bank Corp.
- CUSIP
- 587376104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 23 | $12.3M |
| Exits | 11 | $2.7M |
Ownership 155 holders
| BlackRock Inc. | 0.00% | Reduce -3.3% | 1,503,285 | $57.9M |
| Dimensional Fund Advisors LP | 0.01% | Add +0.9% | 1,162,242 | $44.7M |
| Vanguard Group Inc. | 0.00% | Add +2.8% | 805,334 | $31.0M |
| Renaissance Technologies | 0.03% | Reduce -2.9% | 522,813 | $20.1M |
| State Street Corp. | 0.00% | Add +12.8% | 452,146 | $17.4M |
| Banc Funds Co. LLC | 1.72% | Reduce -16.3% | 394,729 | $15.2M |
| North Star Asset Management Inc. | 0.66% | Reduce -0.3% | 361,274 | $13.9M |
| Geode Capital Management, LLC | 0.00% | Add +3.7% | 348,333 | $13.4M |
| American Century Companies Inc. | 0.01% | Add +23.8% | 261,321 | $10.1M |
| Tributary Capital Management, LLC | 0.78% | Reduce -20.9% | 247,727 | $9.5M |
| LSV Asset Management | 0.02% | Add +6.0% | 225,404 | $8.7M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -0.3% | 198,416 | $7.6M |
| Northern Trust Corp. | 0.00% | Reduce -5.5% | 183,776 | $7.1M |
| First Trust Advisors LP | 0.01% | Add +195.3% | 144,106 | $5.5M |
| Allianz Asset Management GmbH | 0.01% | New | 118,831 | $4.6M |
| Bank of New York Mellon Corp | 0.00% | Reduce -3.7% | 117,365 | $4.5M |
| Mercer Global Advisors Inc. | 0.01% | No change | 112,377 | $4.3M |
| Stieven Capital Advisors, L.P. | 0.77% | Reduce -49.1% | 96,196 | $3.7M |
| Bridgeway Capital Management, LLC | 0.07% | Add +3.9% | 93,837 | $3.6M |
| Morgan Stanley | 0.00% | Reduce -18.0% | 89,749 | $3.5M |
| Oberweis Asset Management Inc./ | 0.25% | Add +4.7% | 89,328 | $3.4M |
| AQR Capital Management | 0.01% | Add +79.1% | 83,553 | $3.2M |
| JPMorgan Chase & Co. | 0.00% | Add +22.6% | 79,466 | $3.1M |
| Hillsdale Investment Management Inc. | 0.24% | Add +8.5% | 79,046 | $3.0M |
| Royal Bank of Canada | 0.00% | Reduce -18.7% | 75,399 | $2.9M |
| Hotchkis & Wiley Capital Management LLC | 0.01% | Reduce -44.8% | 71,050 | $2.7M |
| Assenagon Asset Management S.A. | 0.01% | Reduce -1.6% | 69,641 | $2.7M |
| Arrowstreet Capital, Limited Partnership | 0.00% | New | 65,654 | $2.5M |
| jvl associates llc | 0.98% | No change | 62,015 | $2.4M |
| Goldman Sachs Group Inc. | 0.00% | Add +55.3% | 60,972 | $2.3M |
| Invesco Ltd. | 0.00% | Add +66.4% | 55,816 | $2.1M |
| Empowered Funds, LLC | 0.03% | Add +8.1% | 46,537 | $1.8M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.33% | No change | 45,000 | $1.7M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -7.9% | 44,251 | $1.7M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -0.8% | 43,638 | $1.7M |
| Bank of America Corp. | 0.00% | Reduce -26.6% | 38,647 | $1.5M |
| De Lisle Partners LLP | 0.33% | — | 37,661 | $1.4M |
| LaFleur & Godfrey LLC | 0.20% | Reduce -3.5% | 35,858 | $1.4M |
| Thrivent Financial for Lutherans | 0.00% | Add +80.8% | 35,688 | $1.4M |
| Nuveen Asset Management, LLC | 0.00% | No change | 33,121 | $1.3M |
| Millennium Management | 0.00% | Reduce -31.9% | 32,789 | $1.3M |
| Swiss National Bank | 0.00% | No change | 31,600 | $1.2M |
| Wells Fargo & Company | 0.00% | Reduce -11.3% | 30,615 | $1.2M |
| Pathstone Holdings, LLC | 0.01% | Add +257.5% | 29,513 | $1.1M |
| Cornercap Investment Counsel Inc. | 0.17% | No change | 29,454 | $1.1M |
| Barclays PLC | 0.00% | Reduce -15.8% | 27,341 | $1.1M |
| Rhumbline Advisers | 0.00% | Add +2.7% | 24,666 | $949K |
| Ameriprise Financial Inc. | 0.00% | Reduce -25.5% | 24,215 | $932K |
| Los Angeles Capital Management LLC | 0.00% | Add +0.5% | 24,183 | $931K |
| Teacher Retirement System of Texas | 0.01% | Add +171.4% | 23,837 | $917K |
| ClariVest Asset Management LLC | 0.09% | Add +0.7% | 23,454 | $903K |
| Focus Partners Advisor Solutions, LLC | 0.03% | Add +82.8% | 22,937 | $883K |
| Cerity Partners LLC | 0.00% | New | 22,691 | $873K |
| Two Sigma Advisers, LP | 0.00% | Reduce -17.6% | 21,584 | $831K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -0.8% | 21,350 | $822K |
| Baird Financial Group, Inc. | 0.00% | Add +0.5% | 20,865 | $803K |
| Round Hill Asset Management | 0.47% | No change | 20,207 | $778K |
| Russell Investments Group, Ltd. | 0.00% | Add +49.7% | 19,485 | $750K |
| UBS Group AG | 0.00% | Reduce -17.4% | 18,858 | $726K |
| Wedge Capital Management L L P | 0.01% | Add +37.2% | 17,719 | $682K |
| Victory Capital Management Inc. | 0.00% | Reduce -4.1% | 17,550 | $676K |
| Denali Advisors LLC | 0.19% | Add +126.7% | 17,000 | $654K |
| Shakespeare Wealth Management, LLC | 0.19% | Reduce -14.9% | 16,824 | $648K |
| Rafferty Asset Management, LLC | 0.00% | Add +111.8% | 16,507 | $635K |
| California State Teachers Retirement System | 0.00% | Reduce -5.0% | 15,989 | $615K |
| Alliancebernstein L.P. | 0.00% | Add +41.5% | 15,241 | $587K |
| Citigroup Inc. | 0.00% | Add +112.0% | 15,239 | $587K |
| Credit Suisse AG/ | 0.00% | Add +5.8% | 14,187 | $546K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | No change | 13,987 | $538K |
| Legal & General Group Plc | 0.00% | No change | 13,895 | $535K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | Add +143.5% | 13,809 | $532K |
| Regal Investment Advisors LLC | 0.04% | No change | 13,500 | $520K |
| Man Group plc | 0.00% | New | 13,058 | $503K |
| STRS Ohio | 0.00% | Reduce -6.1% | 12,400 | $477K |
| Creative Planning | 0.00% | Add +29.6% | 11,927 | $459K |
| Two Sigma Investments, LP | 0.00% | Reduce -19.6% | 11,840 | $456K |
| Janney Montgomery Scott LLC | 0.00% | New | 11,751 | $452K |
| Qube Research & Technologies Ltd | 0.00% | Add +128.6% | 11,179 | $430K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Add +16.7% | 10,653 | $410K |
| Sherbrooke Park Advisers LLC | 0.08% | New | 10,088 | $388K |
| Voya Investment Management LLC | 0.00% | Reduce -14.0% | 9,881 | $380K |
| Trust Point Inc. | 0.03% | Add +6.1% | 9,865 | $380K |
| New York Life Investment Management LLC | 0.00% | Reduce -14.4% | 9,671 | $372K |
| Alps Advisors Inc. | 0.00% | New | 9,440 | $363K |
| LPL Financial LLC | 0.00% | Add +3.8% | 9,399 | $362K |
| Inspire Investing, LLC | 0.04% | New | 9,355 | $360K |
| Azimuth Capital Investment Management LLC | 0.01% | No change | 9,189 | $354K |
| Deutsche Bank AG | 0.00% | Add +23.0% | 9,180 | $353K |
| First National Bank of Omaha | 0.02% | Reduce -36.8% | 7,770 | $338K |
| State of Tennessee, Department of Treasury | 0.00% | New | 8,732 | $336K |
| HSBC Holdings PLC | 0.00% | Add +10.1% | 8,519 | $328K |
| BNP Paribas Financial Markets | 0.00% | Add +95.6% | 8,445 | $325K |
| MetLife Investment Management, LLC | 0.00% | No change | 8,397 | $323K |
| Zacks Investment Management | 0.00% | New | 7,915 | $305K |
| Franklin Resources Inc. | 0.00% | Add +1.0% | 7,748 | $298K |
| American International Group, Inc. | 0.00% | Reduce -0.8% | 7,735 | $298K |
| Principal Financial Group Inc. | 0.00% | New | 7,687 | $296K |
| Semanteon Capital Management, LP | 0.18% | New | 7,503 | $289K |
| Y-Intercept (Hong Kong) Ltd | 0.02% | New | 7,395 | $285K |
| Tudor Investment Corporation | 0.00% | New | 6,993 | $269K |
"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.