Mercantile BankMBWM

13F holders, Q4 2024 (December 31)
178holders +17
20new positions
9sold out
6famous investors
$44.49avg. 13F price*

At the end of Q4 2024, 178 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 17 from Q3 2024. 20 opened new positions and 9 sold out. The largest holders were BlackRock, Inc. ($71.9M), Dimensional Fund Advisors LP ($49.2M) and Vanguard Group Inc. ($38.7M). 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 Israel Englander (0.0% of Millennium Management's portfolio).

Company
Mercantile Bank Corp.
CUSIP
587376104
Latest filing quarter
Q2 2026

History

Number of 13F holders

050100150200250 Q1 2024: 155Q1 2024Q2 2024: 162Q2 2024Q3 2024: 161Q3 2024Q4 2024: 178Q4 2024Q1 2025: 194Q1 2025Q2 2025: 196Q2 2025Q3 2025: 200Q3 2025Q4 2025: 192Q4 2025Q1 2026: 201Q1 2026Q2 2026: 206Q2 2026

Total Exit/New Position Q3 2024 → Q4 2024

InstitutionsTotal Value
New Positions20$9.5M
Exits9$6.8M

All 13F filers, Q3 2024 → Q4 2024: 704,682 shares bought and 424,539 shares sold, net +280,143 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 178 holders

BlackRock, Inc. 0.00% Add +0.8% 1,615,433 $71.9M
Dimensional Fund Advisors LP 0.01% Reduce -2.7% 1,106,960 $49.2M
Vanguard Group Inc. 0.00% Add +0.3% 869,777 $38.7M
Renaissance Technologies 0.03% Reduce -6.0% 510,813 $22.7M
State Street Corp. 0.00% Add +6.9% 468,918 $20.9M
American Century Companies Inc. 0.01% Add +8.2% 389,948 $17.3M
Geode Capital Management, LLC 0.00% Reduce -0.0% 376,907 $16.8M
North Star Asset Management Inc. 0.71% Reduce -0.9% 359,445 $16.0M
Tributary Capital Management, LLC 0.99% Add +16.2% 287,487 $12.8M
LSV Asset Management 0.03% Add +3.6% 286,710 $12.8M
Banc Funds Co. LLC 1.20% Reduce -20.1% 244,452 $10.9M
Northern Trust Corp. 0.00% Add +5.8% 190,490 $8.5M
Charles Schwab Investment Management Inc. 0.00% Reduce -3.2% 189,962 $8.5M
ProShare Advisors LLC 0.02% Reduce -5.3% 156,681 $7.0M
Millennium Management 0.01% Add +54.0% 132,777 $5.9M
Goldman Sachs Group Inc. 0.00% Add +12.3% 127,727 $5.7M
Morgan Stanley 0.00% Add +19.8% 126,754 $5.6M
JPMorgan Chase & Co. 0.00% Add +48.8% 122,532 $5.5M
Mercer Global Advisors Inc. 0.01% Reduce -6.2% 105,385 $4.7M
Bridgeway Capital Management, LLC 0.10% Add +2.7% 102,776 $4.6M
Bank of New York Mellon Corp 0.00% Reduce -13.9% 95,306 $4.2M
Allianz Asset Management GmbH 0.01% Reduce -18.5% 92,579 $4.1M
Assenagon Asset Management S.A. 0.01% New 81,942 $3.6M
Hotchkis & Wiley Capital Management LLC 0.01% Add +0.4% 76,020 $3.4M
AQR Capital Management 0.00% Reduce -8.5% 75,953 $3.4M
De Lisle Partners LLP 0.47% Add +28.9% 71,290 $3.2M
Arrowstreet Capital, Limited Partnership 0.00% Add +6.2% 70,043 $3.1M
Maltese Capital Management LLC 0.46% New 67,500 $3.0M
Royal Bank of Canada 0.00% Add +3.3% 65,203 $2.9M
jvl associates llc 1.05% Add +0.0% 62,033 $2.8M
Qube Research & Technologies Ltd 0.00% Add +32.4% 61,079 $2.7M
Envestnet Asset Management Inc. 0.00% Add +40.9% 57,157 $2.5M
Empowered Funds, LLC 0.04% Add +5.0% 55,476 $2.5M
Tudor Investment Corporation 0.02% Add +34.0% 47,163 $2.1M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Add +46.5% 45,869 $2.0M
Ameriprise Financial Inc. 0.00% Add +88.9% 45,748 $2.0M
Rosenthal | Henry Capital Advisors, Inc. 1.85% No change 45,000 $2.0M
Nuveen Asset Management, LLC 0.00% Add +12.7% 44,936 $2.0M
Wells Fargo & Company 0.00% Add +32.7% 44,802 $2.0M
Invesco Ltd. 0.00% Add +4.3% 40,289 $1.8M
Barclays PLC 0.00% Add +20.9% 39,878 $1.8M
Bank of America Corp. 0.00% Add +5.5% 39,259 $1.7M
Brandywine Global Investment Management, LLC 0.01% Reduce -4.7% 38,657 $1.7M
LaFleur & Godfrey LLC 0.22% Reduce -0.8% 35,283 $1.6M
Pathstone Holdings, LLC 0.01% Add +5.2% 33,392 $1.5M
Raymond James Financial Inc. 0.00% — 31,278 $1.4M
Two Sigma Investments, LP 0.00% Add +14.1% 30,845 $1.4M
Teacher Retirement System of Texas 0.00% Add +17.6% 30,521 $1.4M
Swiss National Bank 0.00% No change 29,900 $1.3M
UBS Group AG 0.00% Add +147.9% 29,666 $1.3M
Thrivent Financial for Lutherans 0.00% Reduce -29.2% 28,900 $1.3M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +62.6% 28,506 $1.3M
Rhumbline Advisers 0.00% Add +6.0% 25,419 $1.1M
Focus Partners Advisor Solutions, LLC 0.02% Add +0.0% 22,213 $988K
Cerity Partners LLC 0.00% Reduce -0.0% 21,446 $939K
Creative Planning 0.00% Add +10.6% 20,918 $931K
Citadel Advisors 0.00% Add +140.2% 20,541 $914K
Los Angeles Capital Management LLC 0.00% Reduce -5.0% 20,436 $909K
Citigroup Inc. 0.00% Add +6.1% 20,311 $904K
Round Hill Asset Management 0.61% No change 19,407 $863K
Baird Financial Group, Inc. 0.00% No change 17,865 $795K
Victory Capital Management Inc. 0.00% Add +2.4% 17,550 $781K
Deutsche Bank AG 0.00% Add +48.7% 16,622 $740K
Legal & General Group Plc 0.00% No change 15,566 $693K
Alliancebernstein L.P. 0.00% Add +0.8% 15,361 $683K
HRT Financial LP 0.00% Add +98.3% 15,231 $677K
Bailard, Inc. 0.02% New 14,801 $658K
FMR LLC 0.00% Add +8.4% 14,477 $644K
California State Teachers Retirement System 0.00% Reduce -1.0% 14,375 $640K
Cornercap Investment Counsel Inc. 0.20% No change 14,206 $632K
Wedge Capital Management L L P 0.01% Reduce -3.4% 14,046 $625K
STRS Ohio 0.00% No change 13,800 $614K
Jacobs Levy Equity Management, Inc. 0.00% Reduce -20.7% 13,695 $609K
Regal Investment Advisors LLC 0.05% No change 13,500 $601K
Jane Street Group, LLC 0.00% Reduce -55.5% 13,180 $586K
Credit Agricole S A 0.00% Add +56.9% 12,820 $570K
Two Sigma Advisers, LP 0.00% Reduce -9.3% 12,684 $564K
Shakespeare Wealth Management, LLC 0.15% Reduce -8.6% 12,568 $559K
Lazard Asset Management LLC 0.00% Add +24.1% 12,439 $552K
SG Americas Securities, LLC 0.00% Reduce -0.7% 12,137 $540K
Janney Montgomery Scott LLC 0.00% Add +3.8% 11,864 $528K
State of Wisconsin Investment Board 0.00% Reduce -6.8% 11,375 $506K
Rafferty Asset Management, LLC 0.00% Reduce -17.4% 11,120 $495K
LPL Financial LLC 0.00% Add +17.6% 10,841 $482K
Hennion & Walsh Asset Management, Inc. 0.02% Reduce -25.8% 10,173 $453K
Franklin Resources Inc. 0.00% No change 10,123 $450K
Susquehanna Fundamental Investments, LLC 0.01% — 10,107 $450K
First Trust Advisors LP 0.00% Add +0.8% 9,840 $438K
Engineers Gate Manager LP 0.01% New 9,574 $426K
Sterling Capital Management LLC 0.01% Add +5.0% 9,345 $416K
Voya Investment Management LLC 0.00% Reduce -5.7% 9,337 $415K
Principal Financial Group Inc. 0.00% Add +8.4% 9,335 $415K
MetLife Investment Management, LLC 0.00% No change 9,276 $413K
Susquehanna International Group, LLP 0.00% Add +69.4% 9,245 $411K
Azimuth Capital Investment Management LLC 0.02% No change 9,189 $409K
Inspire Investing, LLC 0.04% Reduce -4.2% 9,013 $401K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Add +3.6% 8,978 $399K
HSBC Holdings PLC 0.00% Add +16.3% 8,570 $384K
AlphaQuest LLC 0.05% Add +12712.5% 8,200 $365K
Alps Advisors Inc. 0.00% No change 8,028 $357K

"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.

Show all 178 holders