Mercantile BankMBWM

13F holders, Q2 2025 (June 30)
196holders +2
16new positions
15sold out
7famous investors
$46.41avg. 13F price*

At the end of Q2 2025, 196 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 2 from Q1 2025. 16 opened new positions and 15 sold out. The largest holders were BlackRock, Inc. ($70.0M), Dimensional Fund Advisors LP ($49.3M) and Vanguard Group Inc. ($48.2M). 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 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 Q1 2025 → Q2 2025

InstitutionsTotal Value
New Positions16$2.5M
Exits15$3.0M

All 13F filers, Q1 2025 → Q2 2025: 485,482 shares bought and 449,175 shares sold, net +36,307 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 196 holders

BlackRock, Inc. 0.00% Reduce -5.3% 1,507,431 $70.0M
Dimensional Fund Advisors LP 0.01% Reduce -1.2% 1,062,762 $49.3M
Vanguard Group Inc. 0.00% Add +2.2% 1,039,359 $48.2M
Renaissance Technologies 0.03% Reduce -4.5% 485,313 $22.5M
American Century Companies Inc. 0.01% Add +6.1% 452,827 $21.0M
State Street Corp. 0.00% Reduce -5.5% 429,584 $19.9M
Geode Capital Management, LLC 0.00% Add +4.5% 405,863 $18.8M
North Star Asset Management Inc. 0.70% Reduce -0.8% 356,538 $16.5M
LSV Asset Management 0.03% Reduce -1.0% 318,186 $14.8M
Tributary Capital Management, LLC 1.06% Reduce -7.1% 258,209 $12.0M
Banc Funds Co. LLC 1.37% Reduce -9.4% 195,152 $9.1M
Northern Trust Corp. 0.00% Reduce -2.8% 176,536 $8.2M
JPMorgan Chase & Co. 0.00% Add +73.1% 155,904 $7.2M
Millennium Management 0.01% Add +123.2% 148,010 $6.9M
Hotchkis & Wiley Capital Management LLC 0.02% Add +12.2% 147,340 $6.8M
ProShare Advisors LLC 0.01% Reduce -12.8% 138,480 $6.4M
Charles Schwab Investment Management Inc. 0.00% Add +3.1% 132,851 $6.2M
Morgan Stanley 0.00% Add +9.0% 113,777 $5.3M
AQR Capital Management 0.00% Add +19.0% 109,518 $5.1M
Bridgeway Capital Management, LLC 0.12% Add +2.5% 107,642 $5.0M
Mercer Global Advisors Inc. 0.01% Add +0.6% 106,393 $4.9M
Maltese Capital Management LLC 0.66% Add +16.7% 100,000 $4.6M
Bank of New York Mellon Corp 0.00% Add +0.9% 95,512 $4.4M
Goldman Sachs Group Inc. 0.00% Reduce -15.5% 81,379 $3.8M
Envestnet Asset Management Inc. 0.00% Add +37.2% 79,031 $3.7M
De Lisle Partners LLP 0.49% Add +4.2% 74,290 $3.4M
Arrowstreet Capital, Limited Partnership 0.00% Reduce -0.5% 71,576 $3.3M
Ameriprise Financial Inc. 0.00% Add +12.4% 70,082 $3.3M
Nuveen, LLC 0.00% Reduce -6.7% 68,900 $3.2M
jvl associates llc 1.03% Reduce -0.1% 61,956 $2.9M
Empowered Funds, LLC 0.03% Add +4.5% 60,342 $2.8M
Royal Bank of Canada 0.00% Reduce -12.8% 60,011 $2.8M
Connor, Clark & Lunn Investment Management Ltd. 0.01% Reduce -1.6% 56,398 $2.6M
Qube Research & Technologies Ltd 0.00% Reduce -19.4% 52,195 $2.4M
Tudor Investment Corporation 0.02% Add +2.7% 51,972 $2.4M
Rosenthal | Henry Capital Advisors, Inc. 2.10% No change 45,000 $2.1M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +49.3% 41,970 $1.9M
SG Americas Securities, LLC 0.01% Reduce -13.1% 40,042 $1.9M
Wells Fargo & Company 0.00% Add +5.4% 39,503 $1.8M
Barclays PLC 0.00% Add +25.4% 39,461 $1.8M
Two Sigma Investments, LP 0.00% Reduce -3.9% 37,165 $1.7M
Brandywine Global Investment Management, LLC 0.01% Reduce -3.8% 35,747 $1.7M
LaFleur & Godfrey LLC 0.20% Add +0.0% 35,296 $1.6M
Raymond James Financial Inc. 0.00% Add +11.2% 35,276 $1.6M
Pathstone Holdings, LLC 0.01% Reduce -0.1% 35,075 $1.6M
Invesco Ltd. 0.00% Reduce -17.3% 32,224 $1.5M
Bank of America Corp. 0.00% Reduce -20.5% 30,089 $1.4M
Swiss National Bank 0.00% No change 29,900 $1.4M
Thrivent Financial for Lutherans 0.00% Add +0.4% 29,785 $1.4M
Rhumbline Advisers 0.00% Add +5.6% 25,623 $1.2M
Verition Fund Management LLC 0.01% Add +198.2% 25,344 $1.2M
Susquehanna International Group, LLP 0.00% Reduce -3.7% 22,889 $1.1M
Focus Partners Advisor Solutions, LLC 0.01% Add +1.3% 22,877 $1.1M
Wakefield Asset Management LLLP 0.29% Reduce -0.8% 22,657 $1.1M
Gsa Capital Partners LLP 0.07% Add +44.6% 21,964 $1.0M
Cerity Partners LLC 0.00% Add +1.4% 21,779 $1.0M
Alliancebernstein L.P. 0.00% Add +40.3% 21,545 $1000K
UBS Group AG 0.00% Reduce -24.1% 21,439 $995K
Creative Planning 0.00% Reduce -9.0% 20,971 $973K
Round Hill Asset Management 0.58% No change 18,607 $864K
Victory Capital Management Inc. 0.00% Add +8.2% 18,406 $854K
Legal & General Group Plc 0.00% Add +7.0% 18,364 $852K
Franklin Resources Inc. 0.00% Add +0.1% 17,760 $824K
Baird Financial Group, Inc. 0.00% No change 17,745 $824K
Wedge Capital Management L L P 0.01% No change 16,968 $787K
Trexquant Investment LP 0.01% Add +71.5% 16,539 $768K
Bailard, Inc. 0.02% Add +13.4% 16,101 $747K
Lazard Asset Management LLC 0.00% Reduce -9.4% 16,091 $745K
CHICAGO TRUST Co NA 0.10% New 15,811 $734K
Squarepoint Ops LLC 0.00% Reduce -23.6% 15,717 $729K
Two Sigma Advisers, LP 0.00% Reduce -5.5% 15,384 $714K
Hennion & Walsh Asset Management, Inc. 0.03% Add +21.4% 15,112 $701K
Los Angeles Capital Management LLC 0.00% Reduce -17.4% 14,741 $684K
LPL Financial LLC 0.00% Add +4.7% 14,674 $681K
Y-Intercept (Hong Kong) Ltd 0.02% Add +41.7% 14,292 $663K
California State Teachers Retirement System 0.00% Reduce -1.2% 14,200 $659K
Regal Investment Advisors LLC 0.05% No change 13,500 $627K
Balyasny Asset Management L.P. 0.00% Reduce -12.1% 13,431 $623K
Jacobs Levy Equity Management, Inc. 0.00% Reduce -0.2% 13,397 $622K
Teacher Retirement System of Texas 0.00% Reduce -28.8% 13,306 $618K
STRS Ohio 0.00% Add +3.1% 13,300 $617K
Ieq Capital, LLC 0.00% Add +152.0% 13,162 $611K
Deutsche Bank AG 0.00% Reduce -15.3% 12,884 $598K
Citigroup Inc. 0.00% Reduce -30.4% 12,767 $593K
Shakespeare Wealth Management, LLC 0.15% No change 12,194 $566K
Man Group plc 0.00% Add +20.0% 12,005 $557K
Allianz Asset Management GmbH 0.00% No change 11,732 $544K
Engineers Gate Manager LP 0.01% Add +3.2% 11,579 $537K
Janney Montgomery Scott LLC 0.00% Reduce -2.5% 11,572 $537K
Moneta Group Investment Advisors LLC 0.01% Add +31.3% 11,312 $525K
Jane Street Group, LLC 0.00% Reduce -34.0% 10,521 $488K
First Trust Advisors LP 0.00% Add +7.0% 10,438 $484K
Allspring Global Investments Holdings, LLC 0.00% Add +56.5% 10,369 $481K
MetLife Investment Management, LLC 0.00% Add +11.0% 10,062 $467K
State of Wisconsin Investment Board 0.00% Reduce -9.7% 10,059 $467K
Quantinno Capital Management LP 0.00% Add +75.8% 9,585 $445K
State of Tennessee, Department of Treasury 0.00% New 9,445 $438K
Azimuth Capital Investment Management LLC 0.02% No change 9,189 $426K
Strategies Wealth Advisors, LLC 0.05% Add +0.5% 8,991 $417K
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% Reduce -7.0% 8,704 $404K
Rafferty Asset Management, LLC 0.00% Reduce -22.3% 8,426 $391K
Sterling Capital Management LLC 0.01% Add +1.8% 8,422 $391K
Inspire Investing, LLC 0.04% Add +6.3% 8,382 $389K
Alps Advisors Inc. 0.00% Add +1.2% 8,176 $379K
HSBC Holdings PLC 0.00% Reduce -21.7% 7,911 $370K
T. Rowe Price Associates Inc. 0.00% Add +15.4% 7,949 $369K
D. E. Shaw & Co. 0.00% Reduce -12.6% 7,944 $369K
HRT Financial LP 0.00% Reduce -33.4% 7,936 $368K
FMR LLC 0.00% Reduce -38.5% 7,702 $357K
First National Bank of Omaha 0.02% Reduce -2.5% 7,579 $352K
Cubist Systematic Strategies, LLC 0.00% Reduce -47.8% 7,259 $337K
Russell Investments Group, Ltd. 0.00% Add +28.5% 7,214 $335K
Federated Hermes, Inc. 0.00% Add +4.5% 7,178 $333K
Zacks Investment Management 0.00% Reduce -11.7% 6,954 $323K
Intech Investment Management LLC 0.00% Reduce -34.8% 6,860 $318K
Janus Henderson Group PLC 0.00% No change 6,739 $312K
Stifel Financial Corp. 0.00% No change 6,653 $309K
Cwm, LLC 0.00% Add +25.9% 6,645 $308K
EntryPoint Capital, LLC 0.15% Add +27.8% 6,572 $305K
Comerica Bank 0.00% Add +7.5% 6,419 $298K
Prudential Financial Inc. 0.00% New 6,091 $296K
HighTower Advisors, LLC 0.00% Add +0.1% 6,347 $295K
Citadel Advisors 0.00% Reduce -24.0% 6,114 $284K
Sei Investments Co. 0.00% No change 6,107 $283K
Manufacturers Life Insurance Company, The 0.00% Add +8.6% 6,023 $280K
AlphaQuest LLC 0.03% Add +103.0% 5,941 $276K
West Michigan Advisors, LLC 0.08% No change 5,887 $273K
Marshall Wace, LLP 0.00% Reduce -61.1% 5,555 $258K
Pitcairn Co. 0.02% Reduce -19.1% 5,400 $251K
DekaBank Deutsche Girozentrale 0.00% No change 5,407 $248K
EP Wealth Advisors, LLC 0.00% Reduce -0.3% 5,135 $238K
Wealth Enhancement Advisory Services, LLC 0.00% New 4,760 $237K
Voya Investment Management LLC 0.00% Add +1.4% 5,020 $233K
Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% New 4,975 $231K
US Bancorp \de 0.00% Reduce -20.3% 4,900 $227K
626 Financial, LLC 0.11% No change 4,876 $226K
MML Investors Services, LLC 0.00% Reduce -6.6% 4,754 $221K
New York State Common Retirement Fund 0.00% No change 4,732 $220K
BNP Paribas Financial Markets 0.00% Reduce -32.3% 4,469 $207K
Arizona State Retirement System 0.00% New 4,429 $206K
State Board of Administration of Florida Retirement System 0.00% New 4,400 $204K
Quantbot Technologies LP 0.01% Add +251.8% 4,370 $203K
Huntington National Bank 0.00% Reduce -0.3% 3,997 $186K
Police & Firemen's Retirement System of New Jersey 0.00% Add +18.6% 3,839 $178K
EMC Capital Management 0.08% Add +76.3% 3,309 $154K
Zurcher Kantonalbank (Zurich Cantonalbank) 0.00% No change 3,107 $144K
Public Employees Retirement System of Ohio 0.00% No change 3,104 $144K
CANADA LIFE ASSURANCE Co 0.00% Add +6.3% 3,024 $140K
KLP Kapitalforvaltning As 0.00% No change 3,000 $139K
Point72 Asset Management 0.00% Reduce -26.6% 2,057 $95K
Osaic Holdings, Inc. 0.00% Add +1.4% 2,010 $93K
Nisa Investment Advisors, LLC 0.00% No change 1,965 $91K
Tower Research Capital LLC (TRC) 0.00% Reduce -46.9% 1,762 $82K
Oliver Lagore Vanvalin Investment Group 0.03% — 1,842 $80K
Aquatic Capital Management LLC 0.00% Reduce -62.8% 1,660 $77K
Ameritas Investment Partners, Inc. 0.00% No change 1,548 $72K
PNC Financial Services Group, Inc. 0.00% Reduce -4.4% 1,314 $61K
Farther Finance Advisors, LLC 0.00% New 1,157 $54K
Virtus Advisers, LLC 0.03% Reduce -87.6% 902 $42K
Ameritas Advisory Services, LLC 0.00% New 900 $42K
Fifth Third Bancorp 0.00% No change 755 $35K
CIBC Private Wealth Group LLC 0.00% No change 713 $33K
First Horizon Advisors, Inc. 0.00% Reduce -28.6% 639 $30K
Amalgamated Bank 0.00% No change 528 $25K
Essential Partners LLC 0.01% — 488 $23K
Trust Co. of Toledo NA 0.00% New 403 $19K
Jones Financial Companies LLLP 0.00% No change 388 $18K
IFP Advisors, Inc 0.00% Add +104.7% 352 $16K
Center for Financial Planning, Inc. 0.00% No change 283 $13K
UMB Bank, n.a. 0.00% No change 253 $12K
Versant Capital Management, Inc 0.00% Reduce -27.0% 243 $11K
BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% New 233 $11K
EverSource Wealth Advisors, LLC 0.00% Add +478.1% 237 $11K
GAMMA Investing LLC 0.00% Reduce -57.9% 219 $10K
Blue Trust, Inc. 0.00% No change 191 $9K
Point72 (DIFC) Ltd 0.00% Reduce -65.0% 172 $8K
N.E.W. Advisory Services LLC 0.00% No change 150 $7K
Meeder Asset Management Inc. 0.00% New 137 $6K
Allworth Financial LP 0.00% Add +494.1% 101 $5K
Private Trust Co. NA 0.00% No change 89 $4K
Parallel Advisors, LLC 0.00% No change 87 $4K
Arax Advisory Partners 0.00% No change 84 $4K
NewEdge Advisors, LLC 0.00% No change 62 $3K
Signaturefd, LLC 0.00% Reduce -37.8% 61 $3K
True Wealth Design, LLC 0.00% Add +742.9% 59 $3K
Principal Securities, Inc. 0.00% No change 51 $2K
Clearstead Advisors, LLC 0.00% New 51 $2K
Global Retirement Partners, LLC 0.00% — 42 $2K
Brooklyn Investment Group 0.00% New 41 $2K
Ameriflex Group, Inc. 0.00% No change 41 $2K
MAI Capital Management 0.00% New 32 $1K
Covestor Ltd 0.00% Reduce -37.9% 18 $1K
Rothschild Investment LLC 0.00% Reduce -66.7% 15 $696
MassMutual Private Wealth & Trust, FSB 0.00% No change 12 $557
Twin Peaks Wealth Advisors, LLC 0.00% New 8 $372
TFC Financial Management, Inc. 0.00% No change 1 $47

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