Mercantile BankMBWM
13F holders, Q3 2024 (September 30)At the end of Q3 2024, 161 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, down 1 from Q2 2024. 12 opened new positions and 13 sold out. The largest holders were BlackRock, Inc. ($70.1M), Dimensional Fund Advisors LP ($49.7M) and Vanguard Group Inc. ($37.9M). 6 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Paul Tudor Jones (0.0% of Tudor Investment Corporation's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Mercantile Bank Corp.
- CUSIP
- 587376104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2024 → Q3 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 12 | $9.7M |
| Exits | 13 | $9.2M |
All 13F filers, Q2 2024 → Q3 2024: 662,883 shares bought and 563,044 shares sold, net +99,839 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 161 holders
| BlackRock, Inc. | 0.00% | — | 1,602,909 | $70.1M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.0% | 1,137,354 | $49.7M |
| Vanguard Group Inc. | 0.00% | Add +3.6% | 867,525 | $37.9M |
| Renaissance Technologies | 0.04% | Add +2.4% | 543,586 | $23.8M |
| State Street Corp. | 0.00% | Reduce -3.0% | 438,524 | $19.2M |
| Geode Capital Management, LLC | 0.00% | Add +3.9% | 376,979 | $16.5M |
| North Star Asset Management Inc. | 0.71% | Reduce -0.3% | 362,759 | $15.9M |
| American Century Companies Inc. | 0.01% | Add +16.7% | 360,344 | $15.8M |
| Banc Funds Co. LLC | 1.45% | Reduce -9.3% | 305,847 | $13.4M |
| LSV Asset Management | 0.03% | Add +6.3% | 276,629 | $12.1M |
| Tributary Capital Management, LLC | 0.84% | Reduce -0.4% | 247,432 | $10.8M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +4.5% | 196,324 | $8.6M |
| Northern Trust Corp. | 0.00% | Add +0.9% | 179,999 | $7.9M |
| ProShare Advisors LLC | 0.02% | New | 165,396 | $7.2M |
| Goldman Sachs Group Inc. | 0.00% | Add +62.7% | 113,702 | $5.0M |
| Allianz Asset Management GmbH | 0.01% | Reduce -4.0% | 113,605 | $5.0M |
| Bank of New York Mellon Corp | 0.00% | Reduce -8.3% | 110,688 | $4.8M |
| Segall Bryant & Hamill, LLC | 0.07% | Reduce -11.6% | 110,482 | $4.8M |
| Mercer Global Advisors Inc. | 0.01% | No change | 112,377 | $4.7M |
| Morgan Stanley | 0.00% | Add +19.7% | 105,808 | $4.6M |
| Bridgeway Capital Management, LLC | 0.09% | Add +2.8% | 100,117 | $4.4M |
| Millennium Management | 0.00% | Add +50.9% | 86,218 | $3.8M |
| AQR Capital Management | 0.01% | Reduce -52.4% | 83,025 | $3.6M |
| JPMorgan Chase & Co. | 0.00% | Add +35.1% | 82,357 | $3.6M |
| Hotchkis & Wiley Capital Management LLC | 0.01% | Add +0.5% | 75,720 | $3.3M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Add +11.4% | 65,929 | $2.9M |
| Royal Bank of Canada | 0.00% | Reduce -9.2% | 63,139 | $2.8M |
| jvl associates llc | 1.05% | Add +0.0% | 62,029 | $2.7M |
| De Lisle Partners LLP | 0.39% | Add +46.9% | 55,310 | $2.4M |
| Empowered Funds, LLC | 0.04% | Add +5.3% | 52,817 | $2.3M |
| Qube Research & Technologies Ltd | 0.00% | Add +107.1% | 46,147 | $2.0M |
| Rosenthal | Henry Capital Advisors, Inc. | 1.97% | No change | 45,000 | $2.0M |
| Thrivent Financial for Lutherans | 0.00% | Add +1.7% | 40,807 | $1.8M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -6.6% | 40,557 | $1.8M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -2.6% | 40,559 | $1.8M |
| Nuveen Asset Management, LLC | 0.00% | No change | 39,891 | $1.7M |
| Invesco Ltd. | 0.00% | Reduce -17.4% | 38,635 | $1.7M |
| Bank of America Corp. | 0.00% | Reduce -16.4% | 37,227 | $1.6M |
| LaFleur & Godfrey LLC | 0.21% | Add +0.0% | 35,571 | $1.6M |
| Tudor Investment Corporation | 0.02% | Add +230.1% | 35,202 | $1.5M |
| Wells Fargo & Company | 0.00% | Add +0.7% | 33,755 | $1.5M |
| Barclays PLC | 0.00% | Add +99.2% | 32,981 | $1.4M |
| Pathstone Holdings, LLC | 0.01% | Reduce -0.8% | 31,754 | $1.4M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Add +83.7% | 31,301 | $1.4M |
| Swiss National Bank | 0.00% | Reduce -5.4% | 29,900 | $1.3M |
| Jane Street Group, LLC | 0.00% | Add +119.3% | 29,622 | $1.3M |
| Two Sigma Investments, LP | 0.00% | Add +16.7% | 27,036 | $1.2M |
| Teacher Retirement System of Texas | 0.01% | Add +59.5% | 25,944 | $1.1M |
| Ameriprise Financial Inc. | 0.00% | No change | 24,215 | $1.1M |
| Rhumbline Advisers | 0.00% | Reduce -5.3% | 23,987 | $1.0M |
| ClariVest Asset Management LLC | 0.10% | No change | 24,250 | $984K |
| Focus Partners Advisor Solutions, LLC | 0.02% | Reduce 0.0% | 22,207 | $971K |
| Los Angeles Capital Management LLC | 0.00% | Add +0.9% | 21,516 | $941K |
| Cerity Partners LLC | 0.00% | Add +132.9% | 21,451 | $938K |
| Round Hill Asset Management | 0.56% | No change | 19,407 | $848K |
| Citigroup Inc. | 0.00% | Add +13.9% | 19,150 | $837K |
| Creative Planning | 0.00% | Add +29.8% | 18,907 | $827K |
| Baird Financial Group, Inc. | 0.00% | Reduce -14.4% | 17,865 | $781K |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -29.1% | 17,527 | $766K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -1.0% | 17,279 | $755K |
| Victory Capital Management Inc. | 0.00% | No change | 17,140 | $749K |
| Legal & General Group Plc | 0.00% | Add +11.1% | 15,566 | $681K |
| Alliancebernstein L.P. | 0.00% | No change | 15,241 | $666K |
| Wedge Capital Management L L P | 0.01% | Reduce -17.3% | 14,537 | $636K |
| California State Teachers Retirement System | 0.00% | Reduce -7.5% | 14,514 | $635K |
| Cornercap Investment Counsel Inc. | 0.18% | Reduce -51.3% | 14,206 | $621K |
| Two Sigma Advisers, LP | 0.00% | Reduce -36.7% | 13,984 | $611K |
| STRS Ohio | 0.00% | No change | 13,800 | $603K |
| Shakespeare Wealth Management, LLC | 0.16% | No change | 13,753 | $601K |
| Hennion & Walsh Asset Management, Inc. | 0.03% | Reduce -3.4% | 13,709 | $599K |
| Russell Investments Group, Ltd. | 0.00% | Add +22.5% | 13,625 | $596K |
| Regal Investment Advisors LLC | 0.04% | No change | 13,500 | $590K |
| Rafferty Asset Management, LLC | 0.00% | Reduce -38.0% | 13,461 | $589K |
| FMR LLC | 0.00% | Add +95.7% | 13,356 | $584K |
| SG Americas Securities, LLC | 0.00% | Add +32.5% | 12,216 | $534K |
| State of Wisconsin Investment Board | 0.00% | Add +9.9% | 12,211 | $534K |
| UBS Group AG | 0.00% | Add +11.6% | 11,967 | $523K |
| Trust Point Inc. | 0.04% | Add +15.1% | 11,636 | $509K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -0.9% | 11,434 | $500K |
| Deutsche Bank AG | 0.00% | Add +23.8% | 11,175 | $489K |
| Balyasny Asset Management L.P. | 0.00% | New | 10,654 | $466K |
| Franklin Resources Inc. | 0.00% | Add +12.9% | 10,123 | $439K |
| Lazard Asset Management LLC | 0.00% | Reduce -10.0% | 10,020 | $437K |
| Voya Investment Management LLC | 0.00% | Reduce -1.0% | 9,904 | $433K |
| First Trust Advisors LP | 0.00% | Reduce -79.4% | 9,763 | $427K |
| Inspire Investing, LLC | 0.04% | Reduce -68.5% | 9,403 | $411K |
| MetLife Investment Management, LLC | 0.00% | No change | 9,276 | $406K |
| LPL Financial LLC | 0.00% | Add +6.5% | 9,219 | $403K |
| Azimuth Capital Investment Management LLC | 0.02% | No change | 9,189 | $402K |
| Gsa Capital Partners LLP | 0.03% | Reduce -36.1% | 9,123 | $399K |
| Sterling Capital Management LLC | 0.01% | — | 8,896 | $389K |
| State of Tennessee, Department of Treasury | 0.00% | No change | 8,732 | $382K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +6.5% | 8,665 | $379K |
| Principal Financial Group Inc. | 0.00% | Add +3.7% | 8,611 | $376K |
| Citadel Advisors | 0.00% | New | 8,551 | $374K |
| Corebridge Financial, Inc. | 0.00% | Reduce -0.6% | 8,434 | $369K |
| Credit Agricole S A | 0.00% | New | 8,173 | $357K |
| Alps Advisors Inc. | 0.00% | Reduce -14.5% | 8,028 | $351K |
| HRT Financial LP | 0.00% | New | 7,679 | $335K |
| BNP Paribas Financial Markets | 0.00% | Add +77.6% | 7,402 | $324K |
| HSBC Holdings PLC | 0.00% | Reduce -11.3% | 7,367 | $323K |
| First National Bank of Omaha | 0.02% | Reduce -3.3% | 7,286 | $319K |
| Zacks Investment Management | 0.00% | No change | 7,250 | $317K |
| Janus Henderson Group PLC | 0.00% | No change | 6,739 | $294K |
| Man Group plc | 0.00% | New | 6,554 | $287K |
| ExodusPoint Capital Management, LP | 0.00% | Add +10.8% | 6,426 | $281K |
| Comerica Bank | 0.00% | Add +2.0% | 6,278 | $274K |
| HighTower Advisors, LLC | 0.00% | Add +0.4% | 6,275 | $273K |
| Pitcairn Co. | 0.02% | Reduce -8.3% | 6,176 | $270K |
| Well Done, LLC | 0.05% | No change | 6,114 | $267K |
| Federated Hermes, Inc. | 0.00% | Add +8.5% | 6,090 | $266K |
| EMC Capital Management | 0.17% | Add +411.4% | 9,600 | $255K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -4.0% | 5,770 | $252K |
| Semanteon Capital Management, LP | 0.17% | Add +10.1% | 5,751 | $251K |
| D. E. Shaw & Co. | 0.00% | Reduce -25.7% | 5,463 | $239K |
| Susquehanna International Group, LLP | 0.00% | Reduce -49.8% | 5,458 | $239K |
| Dynamic Advisor Solutions LLC | 0.01% | Reduce -8.6% | 5,342 | $234K |
| US Bancorp \de | 0.00% | Add +0.5% | 5,340 | $233K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $227K |
| T. Rowe Price Associates Inc. | 0.00% | Add +3.1% | 5,137 | $225K |
| 626 Financial, LLC | 0.12% | New | 4,876 | $213K |
| New York State Common Retirement Fund | 0.00% | Reduce -22.8% | 4,732 | $207K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | New | 4,614 | $202K |
| Allspring Global Investments Holdings, LLC | 0.00% | Reduce -41.3% | 4,346 | $190K |
| Huntington National Bank | 0.00% | No change | 3,997 | $175K |
| Public Employees Retirement System of Ohio | 0.00% | No change | 3,573 | $156K |
| Cwm, LLC | 0.00% | Add +16.1% | 3,249 | $142K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $136K |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +4.6% | 2,880 | $126K |
| Aquatic Capital Management LLC | 0.00% | New | 2,500 | $109K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 2,375 | $104K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -47.5% | 2,124 | $93K |
| Quantbot Technologies LP | 0.00% | New | 2,031 | $89K |
| Osaic Holdings, Inc. | 0.00% | Add +8.9% | 1,972 | $86K |
| Oliver Lagore Vanvalin Investment Group | 0.02% | No change | 1,842 | $81K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -7.8% | 1,615 | $71K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,548 | $68K |
| Quadrant Capital Group LLC | 0.00% | Add +27.1% | 826 | $36K |
| Fifth Third Bancorp | 0.00% | No change | 755 | $33K |
| First Horizon Advisors, Inc. | 0.00% | No change | 709 | $31K |
| Mattson Financial Services, LLC | 0.01% | No change | 685 | $28K |
| Amalgamated Bank | 0.00% | No change | 528 | $23K |
| Arax Advisory Partners | 0.00% | No change | 331 | $14K |
| Center for Financial Planning, Inc. | 0.00% | No change | 283 | $12K |
| UMB Bank, n.a. | 0.00% | No change | 253 | $11K |
| Blue Trust, Inc. | 0.00% | No change | 191 | $8K |
| Earned Wealth Advisors, LLC | 0.00% | New | 175 | $8K |
| GAMMA Investing LLC | 0.00% | Add +57.1% | 99 | $4K |
| Parallel Advisors, LLC | 0.00% | Add +28.8% | 94 | $4K |
| Private Trust Co. NA | 0.00% | No change | 89 | $4K |
| AlphaQuest LLC | 0.00% | Reduce -90.3% | 64 | $3K |
| Lindbrook Capital, LLC | 0.00% | No change | 62 | $3K |
| Signaturefd, LLC | 0.00% | No change | 61 | $3K |
| Global Retirement Partners, LLC | 0.00% | Reduce -5.5% | 52 | $2K |
| Allworth Financial LP | 0.00% | Add +537.5% | 51 | $2K |
| Principal Securities, Inc. | 0.00% | No change | 45 | $2K |
| Covestor Ltd | 0.00% | Add +90.0% | 19 | $1K |
| Rothschild Investment LLC | 0.00% | Add +300.0% | 20 | $874 |
| Concourse Financial Group Securities, Inc. | 0.00% | Reduce -15.8% | 16 | $699 |
| Smartleaf Asset Management LLC | 0.00% | Reduce -77.3% | 5 | $212 |
| TFC Financial Management, Inc. | 0.00% | New | 1 | $44 |
"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.