Mercantile BankMBWM
13F holders, Q1 2026 (March 31)201holders +9
23new positions
14sold out
3famous investors
$50.49avg. 13F price*
At the end of Q1 2026, 201 institutions reported holding Mercantile Bank Corp. (MBWM) in their 13F filings, up 9 from Q4 2025. 23 opened new positions and 14 sold out. The largest holders were BlackRock, Inc. ($70.1M), Wellington Management Group LLP ($60.0M) and Dimensional Fund Advisors LP ($52.2M). 3 famous investors held it, including Jim Simons / Peter Brown (0.0% of Renaissance Technologies's portfolio), Cliff Asness (0.0% of AQR Capital Management's portfolio) and Ken Griffin (0.0% of Citadel Advisors's portfolio).
- Company
- Mercantile Bank Corp.
- CUSIP
- 587376104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2025 → Q1 2026
| Institutions | Total Value | |
|---|---|---|
| New Positions | 23 | $11.0M |
| Exits | 14 | $5.6M |
All 13F filers, Q4 2025 → Q1 2026: 1,559,605 shares bought and 521,122 shares sold, net +1,038,483 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 201 holders
| BlackRock, Inc. | 0.00% | Reduce -3.5% | 1,388,714 | $70.1M |
| Wellington Management Group LLP | 0.01% | Add +303.3% | 1,189,031 | $60.0M |
| Dimensional Fund Advisors LP | 0.01% | Add +0.1% | 1,032,888 | $52.2M |
| Vanguard Capital Management LLC | 0.00% | — | 704,324 | $35.6M |
| American Century Companies Inc. | 0.01% | Add +8.4% | 561,467 | $28.4M |
| State Street Corp. | 0.00% | Add +12.4% | 502,468 | $25.4M |
| Renaissance Technologies | 0.04% | Reduce -4.8% | 472,213 | $23.8M |
| Geode Capital Management, LLC | 0.00% | Add +8.1% | 435,012 | $22.0M |
| North Star Asset Management Inc. | 0.84% | Add +2.3% | 383,180 | $19.4M |
| LSV Asset Management | 0.03% | Reduce -4.0% | 283,186 | $14.3M |
| Vanguard Portfolio Management LLC | 0.00% | — | 275,321 | $13.9M |
| Northern Trust Corp. | 0.00% | Add +39.3% | 232,600 | $11.7M |
| Tributary Capital Management, LLC | 1.10% | Reduce -2.9% | 224,632 | $11.3M |
| Hotchkis & Wiley Capital Management LLC | 0.03% | Reduce -5.7% | 191,153 | $9.7M |
| Two Sigma Investments, LP | 0.01% | Add +51.1% | 181,647 | $9.2M |
| JPMorgan Chase & Co. | 0.00% | Reduce -23.7% | 148,858 | $7.4M |
| AQR Capital Management | 0.00% | Reduce -8.1% | 146,713 | $7.4M |
| Charles Schwab Investment Management Inc. | 0.00% | Add +5.4% | 140,446 | $7.1M |
| Banc Funds Co. LLC | 1.23% | Add +0.2% | 131,160 | $6.6M |
| Mercer Global Advisors Inc. | 0.01% | Add +18.0% | 129,257 | $6.5M |
| Morgan Stanley | 0.00% | Reduce -20.3% | 127,236 | $6.4M |
| Bridgeway Capital Management, LLC | 0.13% | Add +5.1% | 126,269 | $6.4M |
| ProShare Advisors LLC | 0.01% | Reduce -3.4% | 125,631 | $6.3M |
| Goldman Sachs Group Inc. | 0.00% | Reduce -15.6% | 112,721 | $5.7M |
| Vanguard Fiduciary Trust Co. | 0.00% | — | 110,259 | $5.6M |
| Bank of New York Mellon Corp | 0.00% | Reduce -0.2% | 92,659 | $4.7M |
| Siena Capital Partners GP, LLC | 1.10% | No change | 83,966 | $4.2M |
| Empowered Funds, LLC | 0.03% | New | 78,969 | $4.0M |
| De Lisle Partners LLP | 0.46% | No change | 75,649 | $3.8M |
| Envestnet Asset Management Inc. | 0.00% | Add +4.6% | 65,902 | $3.3M |
| jvl associates llc | 1.11% | Add +8.9% | 65,508 | $3.3M |
| Arrowstreet Capital, Limited Partnership | 0.00% | Reduce -9.3% | 64,904 | $3.3M |
| Ameriprise Financial Inc. | 0.00% | Reduce -13.6% | 55,125 | $2.8M |
| Franklin Resources Inc. | 0.00% | Add +165.5% | 53,083 | $2.7M |
| Elizabeth Park Capital Advisors, Ltd. | 1.98% | No change | 50,971 | $2.6M |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | Reduce -7.4% | 48,850 | $2.5M |
| Raymond James Financial Inc. | 0.00% | Add +7.7% | 48,161 | $2.4M |
| Rosenthal | Henry Capital Advisors, Inc. | 2.22% | No change | 45,000 | $2.3M |
| Bank of America Corp. | 0.00% | Add +31.0% | 36,777 | $1.9M |
| Creative Planning | 0.00% | Add +5.6% | 36,376 | $1.8M |
| UBS Group AG | 0.00% | Add +26.9% | 35,639 | $1.8M |
| Wells Fargo & Company | 0.00% | Reduce -26.0% | 32,757 | $1.7M |
| LaFleur & Godfrey LLC | 0.20% | Add +7.8% | 31,499 | $1.6M |
| Nuveen, LLC | 0.00% | Add +0.5% | 30,856 | $1.6M |
| Swiss National Bank | 0.00% | No change | 30,400 | $1.5M |
| Citadel Advisors | 0.00% | Reduce -21.2% | 28,933 | $1.5M |
| Quantinno Capital Management LP | 0.00% | Add +39.3% | 26,732 | $1.3M |
| Curi Capital, LLC | 0.02% | New | 26,654 | $1.3M |
| Osaic Holdings, Inc. | 0.00% | Add +2.1% | 25,352 | $1.3M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Add +3.2% | 24,302 | $1.2M |
| Focus Partners Advisor Solutions, LLC | 0.01% | Reduce -0.8% | 23,436 | $1.2M |
| Wakefield Asset Management LLLP | 0.31% | Add +1.8% | 22,830 | $1.2M |
| Invesco Ltd. | 0.00% | Reduce -3.7% | 22,549 | $1.1M |
| Credit Agricole S A | 0.00% | No change | 22,442 | $1.1M |
| Cerity Partners LLC | 0.00% | Reduce -4.6% | 21,372 | $1.1M |
| Barclays PLC | 0.00% | Reduce -50.4% | 21,200 | $1.1M |
| Qube Research & Technologies Ltd | 0.00% | Reduce -71.2% | 21,010 | $1.1M |
| Rhumbline Advisers | 0.00% | Reduce -1.3% | 20,584 | $1.0M |
| Alliancebernstein L.P. | 0.00% | No change | 21,545 | $1.0M |
| Ieq Capital, LLC | 0.00% | Add +4.9% | 20,075 | $1.0M |
| Discipline Wealth Solutions, LLC | 0.11% | New | 19,826 | $1.0M |
| Victory Capital Management Inc. | 0.00% | Reduce -3.1% | 18,200 | $919K |
| Pathstone Holdings, LLC | 0.00% | Reduce -3.9% | 17,953 | $907K |
| Lazard Asset Management LLC | 0.00% | Add +6.2% | 17,569 | $887K |
| Baird Financial Group, Inc. | 0.00% | Reduce -1.0% | 17,475 | $882K |
| Bailard, Inc. | 0.02% | Reduce -6.0% | 17,401 | $879K |
| Round Hill Asset Management | 0.56% | Reduce -7.2% | 16,925 | $855K |
| Man Group plc | 0.00% | Add +21.5% | 16,452 | $831K |
| Wedge Capital Management L L P | 0.02% | Reduce -8.6% | 16,415 | $829K |
| Federated Hermes, Inc. | 0.00% | Add +47.1% | 15,630 | $789K |
| CHICAGO TRUST Co NA | 0.13% | No change | 15,591 | $787K |
| California State Teachers Retirement System | 0.00% | Reduce -0.4% | 15,384 | $777K |
| Gsa Capital Partners LLP | 0.05% | Add +71.8% | 14,922 | $754K |
| Legal & General Group Plc | 0.00% | Reduce -18.4% | 14,533 | $734K |
| Sei Investments Co. | 0.00% | Add +76.8% | 14,507 | $733K |
| LPL Financial LLC | 0.00% | Add +1.8% | 14,419 | $728K |
| Y-Intercept (Hong Kong) Ltd | 0.01% | Reduce -2.6% | 14,032 | $709K |
| LVM Capital Management Ltd. | 0.07% | No change | 13,977 | $706K |
| STRS Ohio | 0.00% | No change | 13,300 | $672K |
| Hennion & Walsh Asset Management, Inc. | 0.02% | Add +12.7% | 13,295 | $671K |
| FMR LLC | 0.00% | Add +19.0% | 13,080 | $661K |
| Susquehanna International Group, LLP | 0.00% | New | 12,693 | $641K |
| Deutsche Bank AG | 0.00% | Add +44.2% | 12,619 | $637K |
| Daytona Street Capital LLC | 0.49% | Add +0.1% | 12,260 | $632K |
| Allianz Asset Management GmbH | 0.00% | No change | 12,332 | $623K |
| Blair William & Co. | 0.00% | New | 12,189 | $616K |
| Jacobs Levy Equity Management, Inc. | 0.00% | Add +1.9% | 12,121 | $612K |
| Canada Pension Plan Investment Board | 0.00% | No change | 11,900 | $601K |
| Shakespeare Wealth Management, LLC | 0.14% | No change | 11,574 | $584K |
| Royal Bank of Canada | 0.00% | Reduce -60.3% | 11,564 | $584K |
| Thrivent Financial for Lutherans | 0.00% | Reduce -40.6% | 11,419 | $577K |
| T. Rowe Price Associates Inc. | 0.00% | Add +26.0% | 11,382 | $575K |
| Teacher Retirement System of Texas | 0.00% | Reduce -11.0% | 11,135 | $562K |
| Strategies Wealth Advisors, LLC | 0.06% | Add +1.2% | 11,100 | $561K |
| Citigroup Inc. | 0.00% | Add +22.3% | 11,092 | $560K |
| Jones Financial Companies LLLP | 0.00% | Add +1249.9% | 11,312 | $558K |
| Natixis Advisors, LLC | 0.00% | Add +3.1% | 10,647 | $538K |
| Regal Investment Advisors LLC | 0.03% | No change | 10,560 | $533K |
| Cwm, LLC | 0.00% | Reduce -8.0% | 10,336 | $522K |
| Rafferty Asset Management, LLC | 0.00% | Add +18.5% | 10,236 | $517K |
| Inspire Investing, LLC | 0.03% | Add +4.6% | 10,160 | $513K |
| Janney Montgomery Scott LLC | 0.00% | Reduce -0.0% | 10,033 | $507K |
| Alps Advisors Inc. | 0.00% | New | 9,920 | $501K |
| State of Wisconsin Investment Board | 0.00% | Add +10.0% | 9,480 | $479K |
| VANGUARD ASSET MANAGEMENT, Ltd | 0.00% | — | 9,190 | $464K |
| Azimuth Capital Investment Management LLC | 0.02% | No change | 9,189 | $464K |
| MetLife Investment Management, LLC | 0.00% | No change | 9,078 | $458K |
| Susquehanna Portfolio Strategies, LLC | 0.01% | No change | 8,811 | $445K |
| Los Angeles Capital Management LLC | 0.00% | Reduce -5.0% | 8,720 | $440K |
| XTX Topco Ltd | 0.01% | New | 8,705 | $440K |
| Modern Wealth Management, LLC | 0.01% | New | 8,606 | $439K |
| Fifth Third Bancorp | 0.00% | Add +1035.2% | 8,571 | $433K |
| Allspring Global Investments Holdings, LLC | 0.00% | Add +11.5% | 8,361 | $422K |
| BNP Paribas Financial Markets | 0.00% | Add +7.6% | 8,077 | $408K |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.00% | Add +6.8% | 7,902 | $399K |
| Panagora Asset Management Inc. | 0.00% | Reduce -50.8% | 7,894 | $399K |
| First National Bank of Omaha | 0.01% | Reduce -4.4% | 7,246 | $366K |
| Farther Finance Advisors, LLC | 0.00% | Add +237.1% | 7,078 | $361K |
| Prudential Financial Inc. | 0.00% | Add +31.4% | 7,105 | $359K |
| Zacks Investment Management | 0.00% | No change | 6,939 | $350K |
| HighTower Advisors, LLC | 0.00% | Add +8.0% | 6,847 | $346K |
| New York State Common Retirement Fund | 0.00% | Add +44.4% | 6,832 | $345K |
| Janus Henderson Group PLC | 0.00% | No change | 6,739 | $341K |
| Stifel Financial Corp. | 0.00% | No change | 6,618 | $334K |
| Voleon Capital Management LP | 0.01% | Reduce -47.5% | 6,520 | $329K |
| Abacus Wealth Partners, LLC | 0.03% | Add +4.0% | 6,323 | $319K |
| Wealth Enhancement Advisory Services, LLC | 0.00% | Reduce -13.7% | 6,151 | $317K |
| Vanguard Global Advisers, LLC | 0.00% | — | 6,262 | $316K |
| First Trust Advisors LP | 0.00% | Reduce -4.4% | 6,206 | $313K |
| EP Wealth Advisors, LLC | 0.00% | Add +8.0% | 5,996 | $303K |
| Blue Water Asset Management | 0.10% | Add +4.2% | 5,826 | $294K |
| LeClair Wealth Partners LLC | 0.10% | New | 5,826 | $294K |
| Sterling Capital Management LLC | 0.01% | Reduce -36.8% | 5,631 | $284K |
| DekaBank Deutsche Girozentrale | 0.00% | No change | 5,407 | $275K |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.00% | Add +0.5% | 5,392 | $272K |
| Mariner, LLC | 0.00% | Reduce -20.6% | 5,222 | $264K |
| Greenleaf Trust | 0.00% | New | 5,012 | $253K |
| 626 Financial, LLC | 0.11% | No change | 4,876 | $246K |
| Harbor Capital Advisors, Inc. | 0.02% | New | 4,748 | $240K |
| DGS Capital Management, LLC | 0.04% | Add +6.8% | 4,676 | $236K |
| Manufacturers Life Insurance Company, The | 0.00% | Reduce -5.5% | 4,669 | $236K |
| Jane Street Group, LLC | 0.00% | New | 4,654 | $235K |
| Squarepoint Ops LLC | 0.00% | New | 4,635 | $234K |
| Police & Firemen's Retirement System of New Jersey | 0.00% | No change | 4,537 | $229K |
| State Board of Administration of Florida Retirement System | 0.00% | No change | 4,400 | $222K |
| Arizona State Retirement System | 0.00% | Reduce -1.1% | 4,241 | $214K |
| Intech Investment Management LLC | 0.00% | Reduce -32.6% | 4,163 | $210K |
| Brooklyn Investment Group | 0.01% | New | 4,091 | $207K |
| Huntington National Bank | 0.00% | No change | 3,997 | $202K |
| Old Mission Investment Co LLC | 0.05% | New | 3,984 | $201K |
| JMN Financial LLC | 0.20% | New | 3,964 | $200K |
| KLP Kapitalforvaltning As | 0.00% | No change | 3,300 | $167K |
| Vanguard Investments Australia, Ltd. | 0.00% | — | 3,188 | $161K |
| Quantbot Technologies LP | 0.01% | New | 3,146 | $159K |
| CANADA LIFE ASSURANCE Co | 0.00% | Add +1.5% | 3,090 | $157K |
| Zurcher Kantonalbank (Zurich Cantonalbank) | 0.00% | No change | 3,107 | $157K |
| Public Employees Retirement System of Ohio | 0.00% | No change | 3,104 | $157K |
| SG Americas Securities, LLC | 0.00% | Reduce -51.8% | 2,986 | $151K |
| US Bancorp \de | 0.00% | Reduce -5.7% | 2,743 | $139K |
| Russell Investments Group, Ltd. | 0.00% | Reduce -69.5% | 2,488 | $126K |
| Nisa Investment Advisors, LLC | 0.00% | Add +0.7% | 1,872 | $95K |
| PNC Financial Services Group, Inc. | 0.00% | Add +29.9% | 1,682 | $85K |
| Ameritas Investment Partners, Inc. | 0.00% | No change | 1,327 | $67K |
| Tower Research Capital LLC (TRC) | 0.00% | Add +197.8% | 1,063 | $54K |
| Harbour Investments, Inc. | 0.00% | New | 1,000 | $51K |
| Quadrant Capital Group LLC | 0.00% | No change | 891 | $45K |
| Essential Partners LLC | 0.01% | Reduce -0.7% | 745 | $38K |
| State of Alaska, Department of Revenue | 0.00% | No change | 651 | $32K |
| Trask Adam Roland | 0.02% | — | 500 | $25K |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.00% | Add +45.6% | 492 | $25K |
| IFP Advisors, Inc | 0.00% | No change | 441 | $22K |
| EverSource Wealth Advisors, LLC | 0.00% | Add +0.5% | 405 | $20K |
| Trust Co. of Toledo NA | 0.00% | No change | 403 | $20K |
| Aquatic Capital Management LLC | 0.00% | Reduce -0.9% | 336 | $17K |
| Versant Capital Management, Inc | 0.00% | Add +23.5% | 300 | $15K |
| Center for Financial Planning, Inc. | 0.00% | No change | 283 | $14K |
| Private Trust Co. NA | 0.00% | No change | 263 | $13K |
| UMB Bank, n.a. | 0.00% | No change | 253 | $13K |
| GAMMA Investing LLC | 0.00% | Add +25.6% | 211 | $11K |
| Blue Trust, Inc. | 0.00% | Add +1.0% | 196 | $10K |
| Allworth Financial LP | 0.00% | Reduce -11.2% | 191 | $10K |
| Signaturefd, LLC | 0.00% | No change | 171 | $9K |
| Optiver Holding B.V. | 0.00% | Add +6.7% | 128 | $6K |
| Arax Advisory Partners | 0.00% | Add +9.3% | 118 | $6K |
| True Wealth Design, LLC | 0.00% | No change | 91 | $5K |
| Parallel Advisors, LLC | 0.00% | Add +21.9% | 89 | $4K |
| NewEdge Advisors, LLC | 0.00% | No change | 62 | $3K |
| Rothschild Investment LLC | 0.00% | Reduce -7.3% | 51 | $3K |
| MAI Capital Management | 0.00% | Add +10.5% | 42 | $2K |
| Physician Wealth Advisors, Inc. | 0.00% | No change | 34 | $2K |
| Root Financial Partners, LLC | 0.00% | New | 26 | $1K |
| Northwestern Mutual Wealth Management Co. | 0.00% | New | 18 | $909 |
| MassMutual Private Wealth & Trust, FSB | 0.00% | No change | 12 | $606 |
| Bare Financial Services, Inc | 0.00% | New | 10 | $505 |
| Twin Peaks Wealth Advisors, LLC | 0.00% | New | 8 | $404 |
| Smartleaf Asset Management LLC | 0.00% | No change | 5 | $250 |
| SJS Investment Consulting Inc. | 0.00% | No change | 3 | $152 |
| Sunbelt Securities, Inc. | 0.00% | No change | 2 | $101 |
| TFC Financial Management, Inc. | 0.00% | No change | 1 | $51 |
| Kilter Group LLC | 0.00% | New | 1 | $51 |
| Covestor Ltd | 0.00% | Reduce -60.0% | 6 | $0 |
"% of holder's portfolio" is MBWM's weight in each manager's 13F, not the share of Mercantile Bank Corp. the manager owns.