Mercantile BankMBWM
13F holders, Q3 2025 (September 30)200holders +4
21new positions
15sold out
6famous investors
$45.00avg. 13F price*
At the end of Q3 2025, 200 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 4 from Q2 2025. 21 opened new positions and 15 sold out. The largest holders were BlackRock, Inc. ($64.4M), Dimensional Fund Advisors LP ($47.2M) and Vanguard Group Inc. ($46.8M). 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 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 21 | $5.5M |
| Exits | 15 | $5.1M |
All 13F filers, Q2 2025 → Q3 2025: 732,873 shares bought and 558,911 shares sold, net +173,962 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 200 holders
| BlackRock, Inc. | 0.00% | Reduce -5.0% | 1,432,075 | $64.4M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -1.4% | 1,048,346 | $47.2M |
| Vanguard Group Inc. | 0.00% | Reduce -0.0% | 1,038,965 | $46.8M |
| American Century Companies Inc. | 0.01% | Add +9.2% | 494,367 | $22.2M |
| Renaissance Technologies | 0.03% | Add +1.1% | 490,413 | $22.1M |
| State Street Corp. | 0.00% | Add +9.6% | 470,722 | $21.2M |
| Geode Capital Management, LLC | 0.00% | Add +1.6% | 412,198 | $18.6M |
| North Star Asset Management Inc. | 0.65% | Reduce -0.3% | 355,340 | $16.0M |
| LSV Asset Management | 0.03% | Reduce -5.6% | 300,286 | $13.5M |
| Tributary Capital Management, LLC | 1.01% | Reduce -3.7% | 248,701 | $11.2M |
| JPMorgan Chase & Co. | 0.00% | Add +37.7% | 214,647 | $9.7M |
| Hotchkis & Wiley Capital Management LLC | 0.03% | Add +36.9% | 201,713 | $9.1M |
| AQR Capital Management | 0.01% | Add +65.7% | 181,511 | $8.2M |
| Northern Trust Corp. | 0.00% | Reduce -1.4% | 173,984 | $7.8M |
| Morgan Stanley | 0.00% | Add +47.7% | 168,041 | $7.6M |
| Banc Funds Co. LLC | 1.26% | Reduce -17.9% | 160,252 | $7.2M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +0.4% | 133,362 | $6.0M |
| ProShare Advisors LLC | 0.01% | Reduce -5.8% | 130,438 | $5.9M |
| Bridgeway Capital Management, LLC | 0.11% | Add +5.1% | 113,164 | $5.1M |
| Mercer Global Advisors Inc. | 0.01% | Add +4.0% | 110,593 | $5.0M |
| Goldman Sachs Group Inc. | 0.00% | Add +32.4% | 107,750 | $4.8M |
| Bank of New York Mellon Corp | 0.00% | Add +0.8% | 96,289 | $4.3M |
| Millennium Management | 0.00% | Reduce -44.2% | 82,607 | $3.7M |
| Maltese Capital Management LLC | 0.57% | Reduce -18.0% | 82,000 | $3.7M |
| Two Sigma Investments, LP | 0.01% | Add +109.8% | 77,989 | $3.5M |
| De Lisle Partners LLP | 0.41% | No change | 74,290 | $3.3M |
| Qube Research & Technologies Ltd | 0.00% | Add +40.8% | 73,466 | $3.3M |
| Arrowstreet Capital, Limited Partnership | 0.00% | No change | 71,576 | $3.2M |
| Envestnet Asset Management Inc. | 0.00% | Reduce -14.2% | 67,839 | $3.1M |
| Empowered Funds, LLC | 0.03% | Add +9.2% | 65,864 | $3.0M |
| Ameriprise Financial Inc. | 0.00% | Reduce -9.5% | 63,393 | $2.9M |
| jvl associates llc | 0.92% | Reduce -0.1% | 61,927 | $2.8M |
| Nuveen, LLC | 0.00% | Reduce -16.6% | 57,470 | $2.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Add +0.5% | 56,653 | $2.5M |
| Tudor Investment Corporation | 0.01% | Reduce -10.7% | 46,415 | $2.1M |
| Rosenthal | Henry Capital Advisors, Inc. | 1.95% | No change | 45,000 | $2.0M |
| Raymond James Financial Inc. | 0.00% | Add +26.0% | 44,455 | $2.0M |
| Wells Fargo & Company | 0.00% | Add +2.8% | 40,614 | $1.8M |
| UBS Group AG | 0.00% | Add +61.1% | 34,534 | $1.6M |
| Brandywine Global Investment Management, LLC | 0.01% | Reduce -3.6% | 34,447 | $1.6M |
| Bank of America Corp. | 0.00% | Add +11.9% | 33,669 | $1.5M |
| LaFleur & Godfrey LLC | 0.18% | Reduce -6.9% | 32,866 | $1.5M |
| Pathstone Holdings, LLC | 0.01% | Reduce -6.9% | 32,640 | $1.5M |
| Swiss National Bank | 0.00% | No change | 29,900 | $1.3M |
| Barclays PLC | 0.00% | Reduce -24.9% | 29,615 | $1.3M |
| Royal Bank of Canada | 0.00% | Reduce -50.7% | 29,581 | $1.3M |
| Osaic Holdings, Inc. | 0.00% | Add +1302.9% | 28,198 | $1.3M |
| Invesco Ltd. | 0.00% | Reduce -12.9% | 28,061 | $1.3M |
| Jane Street Group, LLC | 0.00% | Add +155.6% | 26,894 | $1.2M |
| Ieq Capital, LLC | 0.00% | Add +96.0% | 25,793 | $1.2M |
| Rhumbline Advisers | 0.00% | Reduce -3.8% | 24,652 | $1.1M |
| Cerity Partners LLC | 0.00% | Add +10.6% | 24,079 | $1.1M |
| Creative Planning | 0.00% | Add +14.6% | 24,038 | $1.1M |
| Focus Partners Advisor Solutions, LLC | 0.01% | Add +3.5% | 23,689 | $1.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -44.4% | 23,340 | $1.1M |
| Wakefield Asset Management LLLP | 0.28% | Reduce -0.1% | 22,630 | $1.0M |
| Credit Agricole S A | 0.00% | — | 22,442 | $1.0M |
| Alliancebernstein L.P. | 0.00% | No change | 21,545 | $970K |
| Siena Capital Partners GP, LLC | 0.26% | New | 20,000 | $900K |
| Two Sigma Advisers, LP | 0.00% | Add +26.0% | 19,384 | $872K |
| Franklin Resources Inc. | 0.00% | Add +9.0% | 19,352 | $871K |
| Round Hill Asset Management | 0.55% | No change | 18,607 | $837K |
| Trexquant Investment LP | 0.01% | Add +9.8% | 18,154 | $817K |
| Victory Capital Management Inc. | 0.00% | Reduce -1.8% | 18,081 | $814K |
| Legal & General Group Plc | 0.00% | Reduce -2.7% | 17,862 | $804K |
| Quantinno Capital Management LP | 0.00% | Add +86.0% | 17,833 | $802K |
| Wedge Capital Management L L P | 0.01% | Add +4.3% | 17,698 | $796K |
| Baird Financial Group, Inc. | 0.00% | Reduce -1.1% | 17,555 | $790K |
| Bailard, Inc. | 0.02% | Add +5.6% | 17,001 | $765K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -45.9% | 16,129 | $726K |
| Lazard Asset Management LLC | 0.00% | No change | 16,091 | $724K |
| Teacher Retirement System of Texas | 0.00% | Add +19.4% | 15,884 | $715K |
| Hennion & Walsh Asset Management, Inc. | 0.03% | Add +4.7% | 15,822 | $712K |
| CHICAGO TRUST Co NA | 0.10% | Reduce -1.4% | 15,591 | $702K |
| Man Group plc | 0.00% | Add +26.9% | 15,228 | $685K |
| Deutsche Bank AG | 0.00% | Add +18.1% | 15,215 | $685K |
| Marshall Wace, LLP | 0.00% | Add +173.3% | 15,182 | $683K |
| LPL Financial LLC | 0.00% | Add +3.1% | 15,135 | $681K |
| Dynamic Technology Lab Private Ltd | 0.11% | New | 15,034 | $677K |
| LVM Capital Management Ltd. | 0.06% | New | 14,578 | $656K |
| California State Teachers Retirement System | 0.00% | Add +0.0% | 14,201 | $639K |
| Regal Investment Advisors LLC | 0.04% | No change | 13,500 | $608K |
| Rafferty Asset Management, LLC | 0.00% | Add +59.2% | 13,411 | $603K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Reduce -0.5% | 13,331 | $600K |
| STRS Ohio | 0.00% | No change | 13,300 | $599K |
| Cwm, LLC | 0.00% | Add +86.5% | 12,393 | $558K |
| Allianz Asset Management GmbH | 0.00% | Add +5.1% | 12,332 | $555K |
| ExodusPoint Capital Management, LP | 0.01% | New | 11,854 | $533K |
| Panagora Asset Management Inc. | 0.00% | New | 11,621 | $523K |
| Shakespeare Wealth Management, LLC | 0.12% | Reduce -5.1% | 11,574 | $521K |
| Los Angeles Capital Management LLC | 0.00% | Reduce -22.8% | 11,379 | $512K |
| Engineers Gate Manager LP | 0.01% | Reduce -2.8% | 11,258 | $507K |
| Strategies Wealth Advisors, LLC | 0.05% | Add +21.8% | 10,949 | $493K |
| Voleon Capital Management LP | 0.01% | New | 10,611 | $477K |
| Allspring Global Investments Holdings, LLC | 0.00% | Reduce -1.0% | 10,268 | $462K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -12.4% | 10,134 | $456K |
| Citigroup Inc. | 0.00% | Reduce -21.0% | 10,090 | $454K |
| Natixis Advisors, LLC | 0.00% | New | 10,083 | $454K |
| Inspire Investing, LLC | 0.04% | Add +20.1% | 10,068 | $453K |
| Semanteon Capital Management, LP | 0.56% | New | 9,858 | $444K |
| Moneta Group Investment Advisors LLC | 0.00% | Reduce -14.8% | 9,640 | $434K |
| Alps Advisors Inc. | 0.00% | Add +16.9% | 9,559 | $430K |
| Gsa Capital Partners LLP | 0.04% | Reduce -57.5% | 9,336 | $420K |
| Azimuth Capital Investment Management LLC | 0.01% | No change | 9,189 | $414K |
| Susquehanna Portfolio Strategies, LLC | 0.01% | New | 9,111 | $410K |
| Sterling Capital Management LLC | 0.01% | Add +8.0% | 9,095 | $409K |
| MetLife Investment Management, LLC | 0.00% | Reduce -9.8% | 9,078 | $409K |
| First Trust Advisors LP | 0.00% | Reduce -13.5% | 9,032 | $406K |
| FMR LLC | 0.00% | Add +14.2% | 8,799 | $396K |
| Arax Advisory Partners | 0.01% | Add +10338.1% | 8,768 | $395K |
| T. Rowe Price Associates Inc. | 0.00% | Add +5.3% | 8,374 | $377K |
| Sei Investments Co. | 0.00% | Add +34.4% | 8,207 | $369K |
| Comerica Bank | 0.00% | Add +27.1% | 8,162 | $367K |
| Russell Investments Group, Ltd. | 0.00% | Add +8.8% | 7,849 | $353K |
| First National Bank of Omaha | 0.02% | Add +2.1% | 7,741 | $348K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Add +58.6% | 7,550 | $342K |
| Federated Hermes, Inc. | 0.00% | Add +5.8% | 7,594 | $342K |
| Intech Investment Management LLC | 0.00% | Add +9.9% | 7,539 | $339K |
| Zacks Investment Management | 0.00% | Add +7.2% | 7,451 | $335K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Reduce -15.2% | 7,381 | $332K |
| SG Americas Securities, LLC | 0.00% | Reduce -81.8% | 7,279 | $328K |
| HRT Financial LP | 0.00% | Reduce -13.0% | 6,907 | $310K |
| Janus Henderson Group PLC | 0.00% | No change | 6,739 | $304K |
| Stifel Financial Corp. | 0.00% | Reduce -0.5% | 6,618 | $298K |
| Squarepoint Ops LLC | 0.00% | Reduce -58.0% | 6,599 | $297K |
| Cubist Systematic Strategies, LLC | 0.00% | Reduce -9.2% | 6,592 | $297K |
| State of Wisconsin Investment Board | 0.00% | Reduce -34.7% | 6,573 | $296K |
| HSBC Holdings PLC | 0.00% | Reduce -16.9% | 6,578 | $295K |
| Prudential Financial Inc. | 0.00% | Add +6.7% | 6,501 | $293K |
| BNP Paribas Financial Markets | 0.00% | Add +43.4% | 6,407 | $288K |
| HighTower Advisors, LLC | 0.00% | Add +0.4% | 6,373 | $287K |
| D. E. Shaw & Co. | 0.00% | Reduce -20.8% | 6,295 | $283K |
| Mariner, LLC | 0.00% | New | 6,001 | $270K |
| West Michigan Advisors, LLC | 0.06% | No change | 5,887 | $265K |
| AlphaQuest LLC | 0.02% | Reduce -4.2% | 5,694 | $256K |
| Point72 Asset Management | 0.00% | Add +172.2% | 5,600 | $252K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -7.7% | 5,557 | $250K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $240K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Add +7.0% | 5,324 | $240K |
| 626 Financial, LLC | 0.10% | No change | 4,876 | $219K |
| New York State Common Retirement Fund | 0.00% | No change | 4,732 | $213K |
| Pitcairn Co. | 0.02% | Reduce -15.3% | 4,573 | $206K |
| Arizona State Retirement System | 0.00% | Add +2.7% | 4,549 | $205K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | Add +18.2% | 4,537 | $204K |
| MML Investors Services, LLC | 0.00% | Reduce -5.9% | 4,472 | $201K |
| Quantbot Technologies LP | 0.01% | Reduce -3.4% | 4,220 | $190K |
| Huntington National Bank | 0.00% | No change | 3,997 | $180K |
| US Bancorp \de | 0.00% | Reduce -18.9% | 3,973 | $179K |
| EMC Capital Management | 0.07% | No change | 3,309 | $149K |
| Aquatic Capital Management LLC | 0.00% | Add +94.9% | 3,235 | $146K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $140K |
| Public Employees Retirement System of Ohio | 0.00% | No change | 3,104 | $140K |
| CANADA LIFE ASSURANCE Co | 0.00% | Reduce -0.2% | 3,019 | $136K |
| KLP Kapitalforvaltning As | 0.00% | No change | 3,000 | $135K |
| Farther Finance Advisors, LLC | 0.00% | Add +76.4% | 2,041 | $92K |
| Nisa Investment Advisors, LLC | 0.00% | No change | 1,965 | $88K |
| PNC Financial Services Group, Inc. | 0.00% | Add +6.1% | 1,394 | $63K |
| Ameritas Investment Partners, Inc. | 0.00% | Reduce -14.3% | 1,327 | $60K |
| Essential Partners LLC | 0.01% | Add +86.5% | 910 | $41K |
| Jones Financial Companies LLLP | 0.00% | Add +116.0% | 838 | $38K |
| Acadian Asset Management LLC | 0.00% | New | 791 | $35K |
| Fifth Third Bancorp | 0.00% | No change | 755 | $34K |
| State of Alaska, Department of Revenue | 0.00% | New | 651 | $29K |
| Quadrant Capital Group LLC | 0.00% | New | 544 | $24K |
| Amalgamated Bank | 0.00% | No change | 528 | $24K |
| Point72 Asia (Singapore) Pte. Ltd. | 0.00% | New | 504 | $23K |
| Tower Research Capital LLC (TRC) | 0.00% | Reduce -71.7% | 498 | $22K |
| Versant Capital Management, Inc | 0.00% | Add +93.8% | 471 | $21K |
| Quarry LP | 0.01% | New | 452 | $20K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +90.7% | 452 | $20K |
| Trust Co. of Toledo NA | 0.00% | No change | 403 | $18K |
| IFP Advisors, Inc | 0.00% | Add +10.2% | 388 | $17K |
| Center for Financial Planning, Inc. | 0.00% | No change | 283 | $13K |
| UMB Bank, n.a. | 0.00% | No change | 253 | $11K |
| GAMMA Investing LLC | 0.00% | Add +11.0% | 243 | $11K |
| Allworth Financial LP | 0.00% | Add +140.6% | 243 | $11K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | No change | 233 | $10K |
| Private Trust Co. NA | 0.00% | Add +125.8% | 201 | $9K |
| Blue Trust, Inc. | 0.00% | Add +1.1% | 193 | $9K |
| Point72 Europe (London) LLP | 0.00% | New | 176 | $8K |
| Clearstead Advisors, LLC | 0.00% | Add +207.8% | 157 | $7K |
| N.E.W. Advisory Services LLC | 0.00% | No change | 150 | $7K |
| Point72 (DIFC) Ltd | 0.00% | Reduce -18.0% | 141 | $6K |
| Meeder Asset Management Inc. | 0.00% | No change | 137 | $6K |
| True Wealth Design, LLC | 0.00% | Add +62.7% | 96 | $4K |
| Optiver Holding B.V. | 0.00% | New | 94 | $4K |
| Parallel Advisors, LLC | 0.00% | No change | 87 | $4K |
| Signaturefd, LLC | 0.00% | Add +37.7% | 84 | $4K |
| NewEdge Advisors, LLC | 0.00% | No change | 62 | $3K |
| Global Retirement Partners, LLC | 0.00% | Add +38.1% | 58 | $3K |
| Aster Capital Management (DIFC) Ltd | 0.00% | New | 57 | $3K |
| Principal Securities, Inc. | 0.00% | No change | 51 | $2K |
| Rothschild Investment LLC | 0.00% | Add +186.7% | 43 | $2K |
| Steward Partners Investment Advisory, LLC | 0.00% | New | 31 | $1K |
| MAI Capital Management | 0.00% | Reduce -12.5% | 28 | $1K |
| Covestor Ltd | 0.00% | Reduce -33.3% | 12 | $1K |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 12 | $540 |
| Smartleaf Asset Management LLC | 0.00% | New | 5 | $224 |
| Sunbelt Securities, Inc. | 0.00% | New | 1 | $45 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $45 |
"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.