Mercantile BankMBWM
13F holders, Q1 2025 (March 31)194holders +16
27new positions
8sold out
7famous investors
$43.44avg. 13F price*
At the end of Q1 2025, 194 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 16 from Q4 2024. 27 opened new positions and 8 sold out. The largest holders were BlackRock, Inc. ($69.1M), Dimensional Fund Advisors LP ($46.7M) and Vanguard Group Inc. ($44.2M). 7 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 Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 27 | $7.9M |
| Exits | 8 | $5.3M |
All 13F filers, Q4 2024 → Q1 2025: 712,605 shares bought and 615,614 shares sold, net +96,991 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 194 holders
| BlackRock, Inc. | 0.00% | Reduce -1.5% | 1,590,901 | $69.1M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -2.8% | 1,075,747 | $46.7M |
| Vanguard Group Inc. | 0.00% | Add +16.9% | 1,017,076 | $44.2M |
| Renaissance Technologies | 0.03% | Reduce -0.5% | 508,391 | $22.1M |
| State Street Corp. | 0.00% | Reduce -3.1% | 454,377 | $19.7M |
| American Century Companies Inc. | 0.01% | Add +9.4% | 426,625 | $18.5M |
| Geode Capital Management, LLC | 0.00% | Add +3.0% | 388,283 | $16.9M |
| North Star Asset Management Inc. | 0.71% | Reduce -0.0% | 359,328 | $15.6M |
| LSV Asset Management | 0.03% | Add +12.1% | 321,486 | $14.0M |
| Tributary Capital Management, LLC | 1.05% | Reduce -3.4% | 277,821 | $12.1M |
| Banc Funds Co. LLC | 1.23% | Reduce -11.9% | 215,452 | $9.4M |
| Northern Trust Corp. | 0.00% | Reduce -4.7% | 181,587 | $7.9M |
| ProShare Advisors LLC | 0.02% | Add +1.3% | 158,772 | $6.9M |
| Hotchkis & Wiley Capital Management LLC | 0.02% | Add +72.7% | 131,310 | $5.7M |
| Charles Schwab Investment Management Inc. | 0.00% | Reduce -32.1% | 128,885 | $5.6M |
| Mercer Global Advisors Inc. | 0.01% | Add +0.3% | 105,756 | $4.6M |
| Bridgeway Capital Management, LLC | 0.11% | Add +2.2% | 105,031 | $4.6M |
| Morgan Stanley | 0.00% | Reduce -17.6% | 104,380 | $4.5M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -24.6% | 96,275 | $4.2M |
| Bank of New York Mellon Corp | 0.00% | Reduce -0.6% | 94,702 | $4.1M |
| AQR Capital Management | 0.00% | Add +21.2% | 92,045 | $4.0M |
| JPMorgan Chase & Co. | 0.00% | Reduce -26.5% | 90,081 | $3.9M |
| Maltese Capital Management LLC | 0.61% | Add +27.0% | 85,698 | $3.7M |
| Nuveen, LLC | 0.00% | — | 73,881 | $3.2M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Add +2.7% | 71,932 | $3.1M |
| De Lisle Partners LLP | 0.51% | No change | 71,290 | $3.1M |
| Royal Bank of Canada | 0.00% | Add +5.5% | 68,824 | $3.0M |
| Millennium Management | 0.00% | Reduce -50.1% | 66,303 | $2.9M |
| Qube Research & Technologies Ltd | 0.00% | Add +6.0% | 64,751 | $2.8M |
| Ameriprise Financial Inc. | 0.00% | Add +36.3% | 62,336 | $2.7M |
| jvl associates llc | 1.09% | No change | 62,033 | $2.7M |
| Empowered Funds, LLC | 0.04% | Add +4.1% | 57,731 | $2.5M |
| Envestnet Asset Management Inc. | 0.00% | Add +0.8% | 57,603 | $2.5M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Add +24.9% | 57,294 | $2.5M |
| Tudor Investment Corporation | 0.02% | Add +7.3% | 50,587 | $2.2M |
| SG Americas Securities, LLC | 0.01% | Add +279.8% | 46,093 | $2.0M |
| Rosenthal | Henry Capital Advisors, Inc. | 1.97% | No change | 45,000 | $2.0M |
| Invesco Ltd. | 0.00% | Reduce -3.4% | 38,941 | $1.7M |
| Two Sigma Investments, LP | 0.00% | Add +25.4% | 38,676 | $1.7M |
| Bank of America Corp. | 0.00% | Reduce -3.6% | 37,844 | $1.6M |
| Wells Fargo & Company | 0.00% | Reduce -16.3% | 37,494 | $1.6M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.9% | 37,147 | $1.6M |
| LaFleur & Godfrey LLC | 0.21% | Add +0.0% | 35,290 | $1.5M |
| Pathstone Holdings, LLC | 0.01% | Add +5.2% | 35,117 | $1.5M |
| Raymond James Financial Inc. | 0.00% | Add +1.4% | 31,715 | $1.4M |
| Barclays PLC | 0.00% | Reduce -21.1% | 31,465 | $1.4M |
| Swiss National Bank | 0.00% | No change | 29,900 | $1.3M |
| Thrivent Financial for Lutherans | 0.00% | Add +2.6% | 29,657 | $1.3M |
| UBS Group AG | 0.00% | Reduce -4.8% | 28,258 | $1.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -1.4% | 28,118 | $1.2M |
| Rhumbline Advisers | 0.00% | Reduce -4.5% | 24,272 | $1.1M |
| Susquehanna International Group, LLP | 0.00% | Add +157.1% | 23,768 | $1.0M |
| Creative Planning | 0.00% | Add +10.2% | 23,054 | $1.0M |
| Wakefield Asset Management LLLP | 0.30% | New | 22,833 | $992K |
| Focus Partners Advisor Solutions, LLC | 0.01% | Add +1.6% | 22,577 | $981K |
| Credit Agricole S A | 0.00% | Add +75.0% | 22,442 | $975K |
| Cerity Partners LLC | 0.00% | Add +0.1% | 21,471 | $933K |
| Squarepoint Ops LLC | 0.00% | Add +334.4% | 20,577 | $894K |
| Teacher Retirement System of Texas | 0.00% | Reduce -38.8% | 18,688 | $812K |
| Round Hill Asset Management | 0.58% | Reduce -4.1% | 18,607 | $808K |
| Citigroup Inc. | 0.00% | Reduce -9.7% | 18,340 | $797K |
| Los Angeles Capital Management LLC | 0.00% | Reduce -12.7% | 17,846 | $775K |
| Baird Financial Group, Inc. | 0.00% | Reduce -0.7% | 17,745 | $771K |
| Franklin Resources Inc. | 0.00% | Add +75.3% | 17,742 | $771K |
| Lazard Asset Management LLC | 0.00% | Add +42.7% | 17,756 | $769K |
| Legal & General Group Plc | 0.00% | Add +10.3% | 17,171 | $746K |
| Victory Capital Management Inc. | 0.00% | Reduce -3.0% | 17,016 | $739K |
| Wedge Capital Management L L P | 0.01% | Add +20.8% | 16,968 | $737K |
| Two Sigma Advisers, LP | 0.00% | Add +28.4% | 16,284 | $707K |
| Jane Street Group, LLC | 0.00% | Add +21.0% | 15,952 | $693K |
| Alliancebernstein L.P. | 0.00% | No change | 15,361 | $667K |
| Balyasny Asset Management L.P. | 0.00% | New | 15,278 | $664K |
| Deutsche Bank AG | 0.00% | Reduce -8.5% | 15,205 | $661K |
| Gsa Capital Partners LLP | 0.06% | Add +103.3% | 15,191 | $660K |
| Elizabeth Park Capital Advisors, Ltd. | 0.57% | New | 14,470 | $629K |
| California State Teachers Retirement System | 0.00% | No change | 14,375 | $624K |
| Marshall Wace, LLP | 0.00% | New | 14,289 | $621K |
| Bailard, Inc. | 0.02% | Reduce -4.0% | 14,201 | $617K |
| LPL Financial LLC | 0.00% | Add +29.3% | 14,013 | $609K |
| Cubist Systematic Strategies, LLC | 0.01% | Add +184.5% | 13,894 | $604K |
| Regal Investment Advisors LLC | 0.05% | No change | 13,500 | $586K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -2.0% | 13,426 | $583K |
| STRS Ohio | 0.00% | Reduce -6.5% | 12,900 | $560K |
| FMR LLC | 0.00% | Reduce -13.5% | 12,529 | $544K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Add +22.3% | 12,446 | $541K |
| Shakespeare Wealth Management, LLC | 0.14% | Reduce -3.0% | 12,194 | $530K |
| HRT Financial LP | 0.00% | Reduce -21.7% | 11,921 | $517K |
| Janney Montgomery Scott LLC | 0.00% | Add +0.0% | 11,866 | $515K |
| Allianz Asset Management GmbH | 0.00% | Reduce -87.3% | 11,732 | $510K |
| Engineers Gate Manager LP | 0.01% | Add +17.2% | 11,222 | $487K |
| State of Wisconsin Investment Board | 0.00% | Reduce -2.1% | 11,135 | $484K |
| Rafferty Asset Management, LLC | 0.00% | Reduce -2.5% | 10,848 | $471K |
| Dynamic Technology Lab Private Ltd | 0.07% | New | 10,592 | $460K |
| Intech Investment Management LLC | 0.00% | Add +43.1% | 10,514 | $457K |
| HSBC Holdings PLC | 0.00% | Add +17.9% | 10,108 | $445K |
| Y-Intercept (Hong Kong) Ltd | 0.03% | New | 10,089 | $438K |
| Man Group plc | 0.00% | Add +51.4% | 10,007 | $435K |
| Magnetar Financial LLC | 0.01% | New | 9,975 | $433K |
| First Trust Advisors LP | 0.00% | Reduce -0.8% | 9,759 | $424K |
| Principal Financial Group Inc. | 0.00% | Add +3.6% | 9,675 | $420K |
| Trexquant Investment LP | 0.00% | New | 9,646 | $419K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +4.3% | 9,360 | $407K |
| Azimuth Capital Investment Management LLC | 0.02% | No change | 9,189 | $399K |
| D. E. Shaw & Co. | 0.00% | New | 9,091 | $395K |
| MetLife Investment Management, LLC | 0.00% | Reduce -2.3% | 9,067 | $394K |
| Strategies Wealth Advisors, LLC | 0.05% | New | 8,950 | $389K |
| Susquehanna Fundamental Investments, LLC | 0.01% | Reduce -13.3% | 8,766 | $381K |
| Moneta Group Investment Advisors LLC | 0.01% | New | 8,616 | $374K |
| Verition Fund Management LLC | 0.00% | Add +83.4% | 8,498 | $369K |
| Sterling Capital Management LLC | 0.01% | Reduce -11.5% | 8,271 | $359K |
| Alps Advisors Inc. | 0.00% | Add +0.6% | 8,077 | $351K |
| Citadel Advisors | 0.00% | Reduce -60.8% | 8,046 | $350K |
| Inspire Investing, LLC | 0.04% | Reduce -12.5% | 7,887 | $343K |
| Zacks Investment Management | 0.00% | Add +13.6% | 7,875 | $342K |
| First National Bank of Omaha | 0.02% | Add +0.1% | 7,770 | $338K |
| Corebridge Financial, Inc. | 0.00% | Reduce -1.4% | 7,729 | $336K |
| Virtus Advisers, LLC | 0.21% | New | 7,281 | $316K |
| T. Rowe Price Associates Inc. | 0.00% | Add +12.3% | 6,890 | $300K |
| Federated Hermes, Inc. | 0.00% | Reduce -12.5% | 6,869 | $298K |
| Janus Henderson Group PLC | 0.00% | No change | 6,739 | $297K |
| Pitcairn Co. | 0.02% | Add +0.5% | 6,672 | $290K |
| Stifel Financial Corp. | 0.00% | New | 6,653 | $289K |
| Allspring Global Investments Holdings, LLC | 0.00% | New | 6,627 | $288K |
| BNP Paribas Financial Markets | 0.00% | Add +21.1% | 6,600 | $287K |
| Well Done, LLC | 0.05% | Add +4.5% | 6,391 | $284K |
| HighTower Advisors, LLC | 0.00% | Add +0.7% | 6,343 | $276K |
| US Bancorp \de | 0.00% | Add +3.5% | 6,144 | $267K |
| Sei Investments Co. | 0.00% | Add +35.5% | 6,107 | $265K |
| Comerica Bank | 0.00% | Reduce -0.3% | 5,970 | $259K |
| West Michigan Advisors, LLC | 0.08% | New | 5,887 | $256K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -5.9% | 5,614 | $244K |
| Manufacturers Life Insurance Company, The | 0.00% | Add +3.0% | 5,548 | $241K |
| Quantinno Capital Management LP | 0.00% | New | 5,452 | $237K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $235K |
| Cwm, LLC | 0.00% | Add +61.3% | 5,279 | $229K |
| Ieq Capital, LLC | 0.00% | New | 5,223 | $227K |
| EP Wealth Advisors, LLC | 0.00% | Add +14.4% | 5,151 | $224K |
| EntryPoint Capital, LLC | 0.10% | New | 5,144 | $223K |
| MML Investors Services, LLC | 0.00% | New | 5,092 | $221K |
| Voya Investment Management LLC | 0.00% | Reduce -47.0% | 4,950 | $215K |
| 626 Financial, LLC | 0.11% | No change | 4,876 | $212K |
| New York State Common Retirement Fund | 0.00% | No change | 4,732 | $206K |
| Aquatic Capital Management LLC | 0.00% | Add +102.0% | 4,457 | $194K |
| Huntington National Bank | 0.00% | No change | 4,008 | $174K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +191.4% | 3,316 | $144K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 3,238 | $141K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $135K |
| Public Employees Retirement System of Ohio | 0.00% | Reduce -13.1% | 3,104 | $135K |
| KLP Kapitalforvaltning As | 0.00% | No change | 3,000 | $130K |
| AlphaQuest LLC | 0.01% | Reduce -64.3% | 2,926 | $127K |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +4.3% | 2,845 | $123K |
| Point72 Asset Management | 0.00% | Add +21.8% | 2,801 | $122K |
| Osaic Holdings, Inc. | 0.00% | Reduce -12.1% | 1,982 | $86K |
| Nisa Investment Advisors, LLC | 0.00% | Reduce -17.3% | 1,965 | $85K |
| EMC Capital Management | 0.05% | No change | 1,877 | $82K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,548 | $67K |
| PNC Financial Services Group, Inc. | 0.00% | Reduce -20.3% | 1,375 | $60K |
| Quantbot Technologies LP | 0.00% | Reduce -46.6% | 1,242 | $54K |
| Quadrant Capital Group LLC | 0.00% | Add +23.7% | 1,102 | $48K |
| First Horizon Advisors, Inc. | 0.00% | Add +33.4% | 895 | $39K |
| Fifth Third Bancorp | 0.00% | No change | 755 | $33K |
| Mattson Financial Services, LLC | 0.01% | No change | 685 | $30K |
| CIBC Private Wealth Group LLC | 0.00% | New | 713 | $28K |
| Amalgamated Bank | 0.00% | No change | 528 | $23K |
| GAMMA Investing LLC | 0.00% | Add +197.1% | 520 | $23K |
| Point72 (DIFC) Ltd | 0.00% | Add +691.9% | 491 | $21K |
| Coldstream Capital Management Inc. | 0.00% | New | 476 | $21K |
| Jones Financial Companies LLLP | 0.00% | Reduce -0.5% | 388 | $17K |
| Versant Capital Management, Inc | 0.00% | Add +194.7% | 333 | $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 |
| IFP Advisors, Inc | 0.00% | Add +4200.0% | 172 | $7K |
| N.E.W. Advisory Services LLC | 0.00% | New | 150 | $7K |
| Signaturefd, LLC | 0.00% | Reduce -2.0% | 98 | $4K |
| Private Trust Co. NA | 0.00% | No change | 89 | $4K |
| Parallel Advisors, LLC | 0.00% | Add +19.2% | 87 | $4K |
| Arax Advisory Partners | 0.00% | Add +189.7% | 84 | $4K |
| Lindbrook Capital, LLC | 0.00% | Reduce -4.6% | 62 | $3K |
| NewEdge Advisors, LLC | 0.00% | New | 62 | $3K |
| Principal Securities, Inc. | 0.00% | No change | 51 | $2K |
| Rothschild Investment LLC | 0.00% | Add +28.6% | 45 | $2K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +4000.0% | 41 | $2K |
| Ameriflex Group, Inc. | 0.00% | Add +2.5% | 41 | $2K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.00% | Reduce -95.4% | 36 | $2K |
| Covestor Ltd | 0.00% | Reduce -46.3% | 29 | $1K |
| Smartleaf Asset Management LLC | 0.00% | Add +340.0% | 22 | $968 |
| Allworth Financial LP | 0.00% | Reduce -63.8% | 17 | $716 |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 12 | $521 |
| Parkside Financial Bank & Trust | 0.00% | New | 10 | $437 |
| Stephens Consulting, LLC | 0.00% | New | 10 | $435 |
| Aster Capital Management (DIFC) Ltd | 0.00% | New | 7 | $337 |
| True Wealth Design, LLC | 0.00% | New | 7 | $305 |
| TFC Financial Management, Inc. | 0.00% | No change | 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.