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
Total Exit/New Position Q3 2024 → Q4 2024
| Institutions | Total Value | |
|---|---|---|
| New Positions | 20 | $9.5M |
| Exits | 9 | $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 |
| Federated Hermes, Inc. | 0.00% | Add +28.9% | 7,851 | $349K |
| Corebridge Financial, Inc. | 0.00% | Reduce -7.0% | 7,842 | $349K |
| First National Bank of Omaha | 0.02% | Add +6.5% | 7,763 | $345K |
| Gsa Capital Partners LLP | 0.02% | Reduce -18.1% | 7,471 | $332K |
| Intech Investment Management LLC | 0.00% | New | 7,345 | $327K |
| Zacks Investment Management | 0.00% | Reduce -4.4% | 6,933 | $308K |
| Janus Henderson Group PLC | 0.00% | No change | 6,739 | $301K |
| Pitcairn Co. | 0.02% | Add +7.5% | 6,639 | $295K |
| Man Group plc | 0.00% | Add +0.9% | 6,611 | $294K |
| HighTower Advisors, LLC | 0.00% | Add +0.4% | 6,299 | $280K |
| T. Rowe Price Associates Inc. | 0.00% | Add +19.4% | 6,133 | $273K |
| Well Done, LLC | 0.05% | No change | 6,114 | $267K |
| Comerica Bank | 0.00% | Reduce -4.6% | 5,988 | $266K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -56.2% | 5,967 | $265K |
| US Bancorp \de | 0.00% | Add +11.2% | 5,939 | $264K |
| Trust Point Inc. | 0.02% | Reduce -51.1% | 5,685 | $253K |
| Inceptionr LLC | 0.06% | New | 5,676 | $253K |
| Intellus Advisors LLC | 0.04% | — | 5,466 | $243K |
| BNP Paribas Financial Markets | 0.00% | Reduce -26.4% | 5,451 | $243K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -6.7% | 5,384 | $240K |
| Dynamic Advisor Solutions LLC | 0.01% | No change | 5,342 | $238K |
| Cubist Systematic Strategies, LLC | 0.00% | New | 4,884 | $217K |
| 626 Financial, LLC | 0.12% | No change | 4,876 | $217K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $214K |
| Squarepoint Ops LLC | 0.00% | New | 4,737 | $211K |
| New York State Common Retirement Fund | 0.00% | No change | 4,732 | $211K |
| Verition Fund Management LLC | 0.00% | New | 4,634 | $206K |
| Sei Investments Co. | 0.00% | New | 4,507 | $201K |
| EP Wealth Advisors, LLC | 0.00% | New | 4,501 | $200K |
| Huntington National Bank | 0.00% | Add +0.3% | 4,008 | $178K |
| Public Employees Retirement System of Ohio | 0.00% | No change | 3,573 | $159K |
| Cwm, LLC | 0.00% | Add +0.7% | 3,272 | $146K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | — | 3,238 | $144K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $138K |
| KLP Kapitalforvaltning As | 0.00% | — | 3,000 | $133K |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -5.3% | 2,727 | $121K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 2,375 | $106K |
| Quantbot Technologies LP | 0.00% | Add +14.6% | 2,328 | $104K |
| Point72 Asset Management | 0.00% | New | 2,300 | $102K |
| Osaic Holdings, Inc. | 0.00% | Add +14.3% | 2,254 | $100K |
| Aquatic Capital Management LLC | 0.00% | Reduce -11.7% | 2,207 | $98K |
| EMC Capital Management | 0.05% | Reduce -80.5% | 1,877 | $84K |
| Oliver Lagore Vanvalin Investment Group | 0.02% | No change | 1,842 | $82K |
| PNC Financial Services Group, Inc. | 0.00% | Add +6.8% | 1,725 | $77K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,548 | $69K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -46.4% | 1,138 | $51K |
| Quadrant Capital Group LLC | 0.00% | Add +7.9% | 891 | $40K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.01% | New | 788 | $35K |
| Fifth Third Bancorp | 0.00% | No change | 755 | $34K |
| Mattson Financial Services, LLC | 0.01% | No change | 685 | $30K |
| First Horizon Advisors, Inc. | 0.00% | Reduce -5.4% | 671 | $30K |
| Picton Mahoney Asset Management | 0.00% | New | 653 | $29K |
| Amalgamated Bank | 0.00% | No change | 528 | $23K |
| Jones Financial Companies LLLP | 0.00% | New | 390 | $17K |
| Center for Financial Planning, Inc. | 0.00% | No change | 283 | $13K |
| UMB Bank, n.a. | 0.00% | No change | 253 | $11K |
| Blue Trust, Inc. | 0.00% | No change | 191 | $8K |
| GAMMA Investing LLC | 0.00% | Add +76.8% | 175 | $8K |
| Versant Capital Management, Inc | 0.00% | New | 113 | $5K |
| Signaturefd, LLC | 0.00% | Add +63.9% | 100 | $4K |
| Private Trust Co. NA | 0.00% | No change | 89 | $4K |
| Parallel Advisors, LLC | 0.00% | Reduce -22.3% | 73 | $3K |
| Lindbrook Capital, LLC | 0.00% | Add +4.8% | 65 | $3K |
| Point72 (DIFC) Ltd | 0.00% | New | 62 | $3K |
| Allworth Financial LP | 0.00% | Reduce -7.8% | 47 | $2K |
| Principal Securities, Inc. | 0.00% | Add +13.3% | 51 | $2K |
| Covestor Ltd | 0.00% | Add +184.2% | 54 | $2K |
| Ameriflex Group, Inc. | 0.00% | — | 40 | $2K |
| Global Retirement Partners, LLC | 0.00% | Reduce -19.2% | 42 | $2K |
| Rothschild Investment LLC | 0.00% | Add +75.0% | 35 | $2K |
| Arax Advisory Partners | 0.00% | Reduce -91.2% | 29 | $1K |
| Concourse Financial Group Securities, Inc. | 0.00% | Add +31.3% | 21 | $1K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | New | 12 | $534 |
| Smartleaf Asset Management LLC | 0.00% | No change | 5 | $223 |
| IFP Advisors, Inc | 0.00% | New | 4 | $178 |
| SBI Securities Co., Ltd. | 0.00% | — | 2 | $89 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $45 |
| EverSource Wealth Advisors, LLC | 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.