MBIN Merchants Bancorp
Merchants Bancorp (MBIN) Institutional Ownership
What the institutions did with MBIN last quarter, from their 13F filings. Counting managers rather than shares is the point: a single index fund adding to a position tells you far less than four hundred separate managers all deciding to. Positions as reported for the quarter ended June 30, 2026.
Every manager below opens. Subscribers can see any firm's whole portfolio — every position, its weight, and what they bought, trimmed and exited last quarter.
Sign in or subscribeLargest holders
| Manager | Shares | % of reported |
|---|---|---|
| Elser Financial Planning, Inc | 26.8M | 59.4% |
| BlackRock, Inc. | 4.1M | 9.1% |
| DIMENSIONAL FUND ADVISORS LP | 1.8M | 4.0% |
| STATE STREET CORP | 1.1M | 2.4% |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.0M | 2.3% |
| VANGUARD CAPITAL MANAGEMENT LLC | 1.0M | 2.3% |
| AMERICAN CENTURY COMPANIES INC | 837.1K | 1.9% |
| Doma Perpetual Capital Management LLC | 810.1K | 1.8% |
| GEODE CAPITAL MANAGEMENT, LLC | 740.3K | 1.6% |
| ROYCE & ASSOCIATES LP | 527.0K | 1.2% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 488.2K | 1.1% |
| MORGAN STANLEY | 308.8K | 0.7% |
| NORTHERN TRUST CORP | 301.8K | 0.7% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 298.4K | 0.7% |
| BANC FUNDS CO LLC | 285.1K | 0.6% |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 273.7K | 0.6% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 252.5K | 0.6% |
| Invesco Ltd. | 240.4K | 0.5% |
| Bank of New York Mellon Corp | 234.4K | 0.5% |
| Valeo Financial Advisors, LLC | 227.0K | 0.5% |
| ROYAL BANK OF CANADA | 220.6K | 0.5% |
| VANGUARD FIDUCIARY TRUST CO | 190.6K | 0.4% |
| DENALI ADVISORS LLC | 174.6K | 0.4% |
| PRINCIPAL FINANCIAL GROUP INC | 142.5K | 0.3% |
| Ballast Asset Management, LP | 135.3K | 0.3% |
Largest changes
| Manager | Action | Previous | Current | Change |
|---|---|---|---|---|
| Doma Perpetual Capital Management LLC | Reduced | 1.1M | 810.1K | -305.5K |
| Elser Financial Planning, Inc | Reduced | 27.0M | 26.8M | -174.5K |
| AMERICAN CENTURY COMPANIES INC | Increased | 742.6K | 837.1K | +94.4K |
| MACKENZIE FINANCIAL CORP | Sold Out | 87.1K | 0 | -87.1K |
| Invesco Ltd. | Increased | 155.1K | 240.4K | +85.3K |
| DIMENSIONAL FUND ADVISORS LP | Increased | 1.8M | 1.8M | +68.2K |
| GOLDMAN SACHS GROUP INC | Reduced | 126.6K | 71.2K | -55.3K |
| BlackRock, Inc. | Increased | 4.1M | 4.1M | +54.3K |
| SEI INVESTMENTS CO | Reduced | 109.0K | 54.7K | -54.3K |
| RENAISSANCE TECHNOLOGIES LLC | Sold Out | 49.1K | 0 | -49.1K |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | Reduced | 1.1M | 1.0M | -48.0K |
| XTX Topco Ltd | Increased | 19.6K | 65.0K | +45.3K |
| ROYCE & ASSOCIATES LP | Reduced | 567.3K | 527.0K | -40.2K |
| STATE STREET CORP | Increased | 1.0M | 1.1M | +32.3K |
| Wakefield Asset Management LLLP | Sold Out | 29.5K | 0 | -29.5K |
| Trexquant Investment LP | Sold Out | 29.2K | 0 | -29.2K |
| CITIGROUP INC | Increased | 13.2K | 42.4K | +29.1K |
| Russell Investments Group, Ltd. | Increased | 85.8K | 112.0K | +26.2K |
| ExodusPoint Capital Management, LP | New | 0 | 25.7K | +25.7K |
| MILLENNIUM MANAGEMENT LLC | New | 0 | 25.5K | +25.5K |
| VANGUARD PORTFOLIO MANAGEMENT LLC | Increased | 464.7K | 488.2K | +23.6K |
| DENALI ADVISORS LLC | Reduced | 194.7K | 174.6K | -20.1K |
| CAPSTONE INVESTMENT ADVISORS, LLC | New | 0 | 19.0K | +19.0K |
| UBS Group AG | Reduced | 80.3K | 61.8K | -18.5K |
| FIRST TRUST ADVISORS LP | Reduced | 116.4K | 100.9K | -15.4K |
13F filings are due 45 days after quarter end and cover long positions in U.S.-listed equities only, so this is a lagged and partial picture: shorts, bonds and foreign listings never appear. Options positions are excluded here rather than folded into the share counts. Political ownership is coming.