MBWM Mercantile Bank Corporation

NASDAQ
$60.21

Mercantile Bank Corporation (MBWM) Institutional Ownership

What the institutions did with MBWM 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.

Managers compared
225
filed both this quarter and last
Managers holding
203
+9 on the quarter
Buyers
104
31 opened new
Sellers
84
22 sold out entirely
Buyer share
55.3%
of managers who traded it
Breadth
+10.6
net buyers, as a share of those trading

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.

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Ownership map

Each block is one manager, sized by shares held and colored by how much they moved the position last quarter. Green added, red cut, grey stood pat.

Cut Unchanged Added Color saturates at ±50%.

Largest holders

Manager Shares % of reported
BlackRock, Inc. 1.5M 12.7%
WELLINGTON MANAGEMENT GROUP LLP 1.1M 9.0%
DIMENSIONAL FUND ADVISORS LP 1.0M 8.7%
VANGUARD CAPITAL MANAGEMENT LLC 735.6K 6.1%
AMERICAN CENTURY COMPANIES INC 625.0K 5.2%
STATE STREET CORP 598.6K 5.0%
GEODE CAPITAL MANAGEMENT, LLC 466.4K 3.9%
RENAISSANCE TECHNOLOGIES LLC 446.6K 3.7%
NORTH STAR ASSET MANAGEMENT INC 377.4K 3.1%
VANGUARD PORTFOLIO MANAGEMENT LLC 290.1K 2.4%
LSV ASSET MANAGEMENT 280.8K 2.3%
NORTHERN TRUST CORP 240.7K 2.0%
Tributary Capital Management, LLC 218.1K 1.8%
TWO SIGMA INVESTMENTS, LP 213.7K 1.8%
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 192.5K 1.6%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 144.2K 1.2%
JPMORGAN CHASE & CO 140.1K 1.2%
AQR CAPITAL MANAGEMENT LLC 137.7K 1.1%
BANC FUNDS CO LLC 131.2K 1.1%
MERCER GLOBAL ADVISORS INC /ADV 127.9K 1.1%
MORGAN STANLEY 123.0K 1.0%
VANGUARD FIDUCIARY TRUST CO 112.7K 0.9%
GOLDMAN SACHS GROUP INC 101.0K 0.8%
Bank of New York Mellon Corp 98.1K 0.8%
Rhino Investment Partners, Inc 93.9K 0.8%

Largest changes

Manager Action Previous Current Change
BlackRock, Inc. Increased 1.4M 1.5M +145.7K
ProShare Advisors LLC Sold Out 125.6K 0 -125.6K
WELLINGTON MANAGEMENT GROUP LLP Reduced 1.2M 1.1M -101.0K
STATE STREET CORP Increased 502.5K 598.6K +96.2K
Rhino Investment Partners, Inc New 0 93.9K +93.9K
BRIDGEWAY CAPITAL MANAGEMENT, LLC Reduced 126.3K 41.0K -85.3K
CITADEL ADVISORS LLC Increased 28.9K 93.1K +64.2K
AMERICAN CENTURY COMPANIES INC Increased 561.5K 625.0K +63.5K
MALTESE CAPITAL MANAGEMENT LLC New 0 60.0K +60.0K
Abundance Wealth Counselors New 0 56.2K +56.2K
HRT FINANCIAL LP New 0 48.9K +48.9K
Empowered Funds, LLC Reduced 79.0K 31.0K -48.0K
TWO SIGMA INVESTMENTS, LP Increased 181.6K 213.7K +32.1K
GEODE CAPITAL MANAGEMENT, LLC Increased 435.0K 466.4K +31.4K
VANGUARD CAPITAL MANAGEMENT LLC Increased 704.3K 735.6K +31.3K
RENAISSANCE TECHNOLOGIES LLC Reduced 472.2K 446.6K -25.6K
Wakefield Asset Management LLLP Sold Out 22.8K 0 -22.8K
State of New Jersey Common Pension Fund D New 0 21.8K +21.8K
Qube Research & Technologies Ltd Sold Out 21.0K 0 -21.0K
LAZARD ASSET MANAGEMENT LLC Sold Out 17.6K 0 -17.6K
ACTION POINT FINANCIAL PLANNING, LLC New 0 15.9K +15.9K
Atom Investors LP New 0 15.1K +15.1K
GSA CAPITAL PARTNERS LLP Sold Out 14.9K 0 -14.9K
VANGUARD PORTFOLIO MANAGEMENT LLC Increased 275.3K 290.1K +14.8K
XTX Topco Ltd Increased 8.7K 23.1K +14.4K
Quantinno Capital Management LP Increased 26.7K 40.9K +14.2K
Y-Intercept (Hong Kong) Ltd Sold Out 14.0K 0 -14.0K
DIMENSIONAL FUND ADVISORS LP Increased 1.0M 1.0M +14.0K
BANK OF AMERICA CORP /DE/ Reduced 36.8K 24.0K -12.7K
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold Out 12.7K 0 -12.7K
GOLDMAN SACHS GROUP INC Reduced 112.7K 101.0K -11.7K
Point72 Asset Management, L.P. New 0 11.6K +11.6K
Bluebird Wealth Management LLC New 0 10.6K +10.6K
FMR LLC Reduced 13.1K 2.7K -10.3K
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC New 0 10.1K +10.1K
UBS Group AG Reduced 35.6K 26.5K -9.1K
AQR CAPITAL MANAGEMENT LLC Reduced 146.7K 137.7K -9.0K
JPMORGAN CHASE & CO Reduced 148.9K 140.1K -8.8K
Nuveen, LLC Increased 30.9K 39.6K +8.7K
LOS ANGELES CAPITAL MANAGEMENT LLC Reduced 8.7K 128 -8.6K
WELLS FARGO & COMPANY/MN Increased 32.8K 41.0K +8.2K
NORTHERN TRUST CORP Increased 232.6K 240.7K +8.1K
PANAGORA ASSET MANAGEMENT INC Sold Out 7.9K 0 -7.9K
Sequoia Financial Advisors, LLC New 0 7.7K +7.7K
Cambridge Investment Research Advisors, Inc. New 0 7.3K +7.3K
PRUDENTIAL FINANCIAL INC Sold Out 7.1K 0 -7.1K
Trexquant Investment LP New 0 7.0K +7.0K
ZACKS INVESTMENT MANAGEMENT Sold Out 6.9K 0 -6.9K
Associated Banc-Corp New 0 6.9K +6.9K
CITIGROUP INC Increased 11.1K 17.6K +6.5K
Tributary Capital Management, LLC Reduced 224.6K 218.1K -6.5K
Russell Investments Group, Ltd. Increased 2.5K 8.9K +6.4K
Abacus Wealth Partners, LLC Sold Out 6.3K 0 -6.3K
SEI INVESTMENTS CO Reduced 14.5K 8.2K -6.3K
EP Wealth Advisors, LLC Sold Out 6.0K 0 -6.0K
LeClair Wealth Partners LLC Sold Out 5.8K 0 -5.8K
EVERGREEN CAPITAL MANAGEMENT LLC New 0 5.8K +5.8K
NORTH STAR ASSET MANAGEMENT INC Reduced 383.2K 377.4K -5.8K
Bank of New York Mellon Corp Increased 92.7K 98.1K +5.4K
Universal- Beteiligungs- und Servicegesellschaft mbH Sold Out 5.4K 0 -5.4K

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.