Mercantile BankMBWM
13F holders, Q2 2024 (June 30)162holders +7
21new positions
16sold out
5famous investors
$40.57avg. 13F price*
At the end of Q2 2024, 162 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 7 from Q1 2024. 21 opened new positions and 16 sold out. The largest holders were BlackRock Inc. ($63.4M), Dimensional Fund Advisors LP ($46.6M) and Vanguard Group Inc. ($34.0M). 5 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 → Q2 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 21 | $9.2M |
| Exits | 16 | $7.0M |
All 13F filers, Q1 2024 → Q2 2024: 680,264 shares bought and 517,533 shares sold, net +162,731 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 162 holders
| BlackRock Inc. | 0.00% | Add +3.9% | 1,562,417 | $63.4M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.2% | 1,148,421 | $46.6M |
| Vanguard Group Inc. | 0.00% | Add +4.0% | 837,552 | $34.0M |
| Renaissance Technologies | 0.04% | Add +1.6% | 530,913 | $21.5M |
| State Street Corp. | 0.00% | Reduce -0.0% | 451,956 | $18.3M |
| North Star Asset Management Inc. | 0.70% | Add +0.7% | 363,806 | $14.8M |
| Geode Capital Management, LLC | 0.00% | Add +4.2% | 362,777 | $14.7M |
| Banc Funds Co. LLC | 1.62% | Reduce -14.5% | 337,344 | $13.7M |
| American Century Companies Inc. | 0.01% | Add +18.2% | 308,849 | $12.5M |
| LSV Asset Management | 0.02% | Add +15.4% | 260,129 | $10.6M |
| Tributary Capital Management, LLC | 0.84% | Add +0.3% | 248,480 | $10.1M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -5.3% | 187,911 | $7.6M |
| Northern Trust Corp. | 0.00% | Reduce -3.0% | 178,349 | $7.2M |
| AQR Capital Management | 0.01% | Add +108.7% | 174,355 | $7.1M |
| Segall Bryant & Hamill, LLC | 0.09% | New | 124,921 | $5.1M |
| Bank of New York Mellon Corp | 0.00% | Add +2.8% | 120,689 | $4.9M |
| Allianz Asset Management GmbH | 0.01% | Reduce -0.4% | 118,375 | $4.8M |
| Mercer Global Advisors Inc. | 0.01% | No change | 112,377 | $4.6M |
| Bridgeway Capital Management, LLC | 0.09% | Add +3.8% | 97,437 | $4.0M |
| Oberweis Asset Management Inc./ | 0.22% | Add +0.6% | 89,891 | $3.6M |
| Morgan Stanley | 0.00% | Reduce -1.5% | 88,398 | $3.6M |
| Hotchkis & Wiley Capital Management LLC | 0.01% | Add +6.0% | 75,320 | $3.1M |
| Hillsdale Investment Management Inc. | 0.23% | Reduce -8.7% | 72,146 | $2.9M |
| Goldman Sachs Group Inc. | 0.00% | Add +14.6% | 69,874 | $2.8M |
| Royal Bank of Canada | 0.00% | Reduce -7.8% | 69,547 | $2.8M |
| jvl associates llc | 1.01% | No change | 62,015 | $2.5M |
| JPMorgan Chase & Co. | 0.00% | Reduce -23.3% | 60,946 | $2.5M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -9.9% | 59,173 | $2.4M |
| Millennium Management | 0.00% | Add +74.3% | 57,138 | $2.3M |
| Empowered Funds, LLC | 0.04% | Add +7.7% | 50,137 | $2.0M |
| First Trust Advisors LP | 0.00% | Reduce -67.2% | 47,320 | $1.9M |
| Invesco Ltd. | 0.00% | Reduce -16.2% | 46,791 | $1.9M |
| Assenagon Asset Management S.A. | 0.00% | Reduce -33.2% | 46,551 | $1.9M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.59% | No change | 45,000 | $1.8M |
| Bank of America Corp. | 0.00% | Add +15.2% | 44,519 | $1.8M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -1.9% | 43,421 | $1.8M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -4.5% | 41,662 | $1.7M |
| Thrivent Financial for Lutherans | 0.00% | Add +12.5% | 40,140 | $1.6M |
| Nuveen Asset Management, LLC | 0.00% | Add +20.4% | 39,891 | $1.6M |
| De Lisle Partners LLP | 0.33% | No change | 37,661 | $1.5M |
| LaFleur & Godfrey LLC | 0.21% | Reduce -0.8% | 35,565 | $1.4M |
| Wells Fargo & Company | 0.00% | Add +9.5% | 33,524 | $1.4M |
| Pathstone Holdings, LLC | 0.01% | Add +8.4% | 32,002 | $1.3M |
| Swiss National Bank | 0.00% | No change | 31,600 | $1.3M |
| Inspire Investing, LLC | 0.14% | Add +218.8% | 29,820 | $1.2M |
| Cornercap Investment Counsel Inc. | 0.19% | Reduce -0.9% | 29,191 | $1.2M |
| Rhumbline Advisers | 0.00% | Add +2.7% | 25,321 | $1.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +76.8% | 24,722 | $1.0M |
| ClariVest Asset Management LLC | 0.10% | Add +3.4% | 24,250 | $984K |
| Ameriprise Financial Inc. | 0.00% | No change | 24,215 | $982K |
| Two Sigma Investments, LP | 0.00% | Add +95.7% | 23,167 | $940K |
| Qube Research & Technologies Ltd | 0.00% | Add +99.3% | 22,282 | $904K |
| Focus Partners Advisor Solutions, LLC | 0.02% | Reduce -3.2% | 22,208 | $901K |
| Two Sigma Advisers, LP | 0.00% | Add +2.3% | 22,084 | $896K |
| Rafferty Asset Management, LLC | 0.00% | Add +31.5% | 21,706 | $881K |
| Los Angeles Capital Management LLC | 0.00% | Reduce -11.9% | 21,316 | $865K |
| Baird Financial Group, Inc. | 0.00% | No change | 20,865 | $846K |
| Round Hill Asset Management | 0.50% | Reduce -4.0% | 19,407 | $787K |
| Wedge Capital Management L L P | 0.01% | Reduce -0.8% | 17,581 | $713K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -18.3% | 17,446 | $708K |
| Victory Capital Management Inc. | 0.00% | Reduce -2.3% | 17,140 | $695K |
| Connor, Clark & Lunn Investment Management Ltd. | 0.00% | Add +23.4% | 17,038 | $691K |
| Citigroup Inc. | 0.00% | Add +10.3% | 16,805 | $682K |
| Barclays PLC | 0.00% | Reduce -39.4% | 16,558 | $672K |
| Teacher Retirement System of Texas | 0.00% | Reduce -31.8% | 16,269 | $660K |
| California State Teachers Retirement System | 0.00% | Reduce -1.8% | 15,696 | $637K |
| Alliancebernstein L.P. | 0.00% | No change | 15,241 | $618K |
| Creative Planning | 0.00% | Add +22.2% | 14,571 | $591K |
| Gsa Capital Partners LLP | 0.04% | New | 14,272 | $579K |
| Hennion & Walsh Asset Management, Inc. | 0.03% | Add +33.3% | 14,197 | $576K |
| Legal & General Group Plc | 0.00% | Add +0.8% | 14,013 | $569K |
| STRS Ohio | 0.00% | Add +11.3% | 13,800 | $560K |
| Shakespeare Wealth Management, LLC | 0.16% | Reduce -18.3% | 13,753 | $558K |
| Jane Street Group, LLC | 0.00% | New | 13,507 | $548K |
| Regal Investment Advisors LLC | 0.04% | No change | 13,500 | $548K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -1.8% | 11,537 | $468K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -42.9% | 11,125 | $451K |
| Lazard Asset Management LLC | 0.00% | New | 11,135 | $451K |
| State of Wisconsin Investment Board | 0.00% | New | 11,111 | $451K |
| Susquehanna International Group, LLP | 0.00% | New | 10,882 | $441K |
| UBS Group AG | 0.00% | Reduce -43.1% | 10,728 | $435K |
| Tudor Investment Corporation | 0.00% | Add +52.5% | 10,664 | $433K |
| Trust Point Inc. | 0.03% | Add +2.5% | 10,113 | $410K |
| Voya Investment Management LLC | 0.00% | Add +1.2% | 10,003 | $406K |
| Susquehanna Fundamental Investments, LLC | 0.01% | New | 9,967 | $404K |
| Alps Advisors Inc. | 0.00% | Reduce -0.5% | 9,393 | $381K |
| MetLife Investment Management, LLC | 0.00% | Add +10.5% | 9,276 | $376K |
| SG Americas Securities, LLC | 0.00% | New | 9,220 | $374K |
| Cerity Partners LLC | 0.00% | Reduce -59.4% | 9,212 | $374K |
| Azimuth Capital Investment Management LLC | 0.02% | No change | 9,189 | $373K |
| Deutsche Bank AG | 0.00% | Reduce -1.7% | 9,028 | $366K |
| Franklin Resources Inc. | 0.00% | Add +15.8% | 8,969 | $364K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 8,732 | $354K |
| LPL Financial LLC | 0.00% | Reduce -7.9% | 8,657 | $351K |
| Corebridge Financial, Inc. | 0.00% | — | 8,487 | $344K |
| Principal Financial Group Inc. | 0.00% | Add +8.1% | 8,307 | $337K |
| HSBC Holdings PLC | 0.00% | Reduce -2.5% | 8,308 | $330K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | — | 8,135 | $330K |
| First National Bank of Omaha | 0.02% | Reduce -3.0% | 7,538 | $306K |
| Allspring Global Investments Holdings, LLC | 0.00% | Add +58.7% | 7,397 | $300K |
| D. E. Shaw & Co. | 0.00% | New | 7,355 | $298K |
| Zacks Investment Management | 0.00% | Reduce -8.4% | 7,250 | $294K |
| FMR LLC | 0.00% | Add +6.9% | 6,825 | $277K |
| Pitcairn Co. | 0.02% | Add +8.7% | 6,732 | $273K |
| Janus Henderson Group PLC | 0.00% | Reduce -1.2% | 6,739 | $272K |
| HighTower Advisors, LLC | 0.00% | Add +0.5% | 6,252 | $254K |
| Comerica Bank | 0.00% | Reduce -2.2% | 6,155 | $250K |
| New York State Common Retirement Fund | 0.00% | Reduce -0.0% | 6,132 | $249K |
| Well Done, LLC | 0.05% | Reduce -0.2% | 6,114 | $248K |
| Martingale Asset Management L P | 0.01% | No change | 6,100 | $247K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -1.6% | 6,012 | $244K |
| Dynamic Advisor Solutions LLC | 0.01% | No change | 5,842 | $237K |
| ExodusPoint Capital Management, LP | 0.00% | New | 5,800 | $235K |
| Federated Hermes, Inc. | 0.00% | Add +17.2% | 5,611 | $228K |
| Truist Financial Corp. | 0.00% | Reduce -0.3% | 5,414 | $220K |
| US Bancorp \de | 0.00% | Reduce -0.1% | 5,315 | $216K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $212K |
| Semanteon Capital Management, LP | 0.15% | Reduce -30.4% | 5,223 | $212K |
| T. Rowe Price Associates Inc. | 0.00% | New | 4,983 | $203K |
| BNP Paribas Financial Markets | 0.00% | Reduce -50.7% | 4,167 | $169K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +3191.9% | 4,049 | $164K |
| Huntington National Bank | 0.00% | No change | 3,997 | $162K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -5.7% | 3,573 | $145K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $126K |
| Cwm, LLC | 0.00% | Add +242.6% | 2,799 | $114K |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -0.5% | 2,753 | $111K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 2,375 | $96K |
| EMC Capital Management | 0.04% | No change | 1,877 | $76K |
| Oliver Lagore Vanvalin Investment Group | 0.02% | Reduce -13.2% | 1,842 | $75K |
| Osaic Holdings, Inc. | 0.00% | Reduce -57.6% | 1,811 | $74K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -54.0% | 1,752 | $71K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,548 | $63K |
| SWS Partners | 0.02% | New | 1,311 | $53K |
| EntryPoint Capital, LLC | 0.02% | Add +11118.2% | 1,234 | $50K |
| Voisard Asset Management Group, Inc. | 0.02% | No change | 944 | $38K |
| CIBC Private Wealth Group LLC | 0.00% | New | 983 | $38K |
| Fifth Third Bancorp | 0.00% | Reduce -47.9% | 755 | $31K |
| First Horizon Advisors, Inc. | 0.00% | No change | 709 | $29K |
| Mattson Financial Services, LLC | 0.01% | — | 685 | $28K |
| Gradient Investments LLC | 0.00% | New | 685 | $28K |
| AlphaQuest LLC | 0.00% | Reduce -71.3% | 658 | $27K |
| Quadrant Capital Group LLC | 0.00% | Reduce -9.8% | 650 | $26K |
| Northwestern Mutual Wealth Management Co. | 0.00% | New | 575 | $23K |
| Amalgamated Bank | 0.00% | No change | 528 | $21K |
| Arax Advisory Partners | 0.00% | New | 331 | $13K |
| Center for Financial Planning, Inc. | 0.00% | No change | 283 | $11K |
| Raffa Wealth Management, LLC | 0.00% | No change | 268 | $11K |
| UMB Bank, n.a. | 0.00% | Reduce -8.7% | 253 | $10K |
| Blue Trust, Inc. | 0.00% | No change | 191 | $7K |
| Private Trust Co. NA | 0.00% | No change | 89 | $4K |
| Parallel Advisors, LLC | 0.00% | Reduce -9.9% | 73 | $3K |
| GAMMA Investing LLC | 0.00% | Add +21.1% | 63 | $3K |
| Lindbrook Capital, LLC | 0.00% | Add +244.4% | 62 | $3K |
| Signaturefd, LLC | 0.00% | Reduce -66.7% | 61 | $2K |
| Global Retirement Partners, LLC | 0.00% | New | 55 | $2K |
| Principal Securities, Inc. | 0.00% | No change | 45 | $2K |
| Smartleaf Asset Management LLC | 0.00% | New | 22 | $869 |
| Concourse Financial Group Securities, Inc. | 0.00% | Reduce -9.5% | 19 | $770 |
| Allworth Financial LP | 0.00% | New | 8 | $384 |
| Rothschild Investment LLC | 0.00% | New | 5 | $203 |
| Innealta Capital, LLC | 0.00% | New | 4 | $163 |
| Covestor Ltd | 0.00% | Reduce -23.1% | 10 | $0 |
"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.