MBIN
Merchants Bancorp · Financial Services · Banks - Regional
Momentum inputs (comparable managers): holder breadth 0.0% · share flow +5.8% · net new positions 0.0% — formula
All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q3 2025
| Quarter | Holders | Δ | Shares | Reported value | New | Exits |
|---|---|---|---|---|---|---|
| Q2 2026 | 71 | +4 | 14.40M | $719.86M | +7 | −3 |
| Q1 2026 | 70 | -1 | 14.25M | $611.41M | +9 | −10 |
| Q4 2025 | 71 | 0 | 12.20M | $415.73M | — | — |
| Q3 2025 | 16 | 0 | 6.20M | $197.29M | — | — |
| Q2 2025 | 13 | +1 | 5.19M | $171.53M | +1 | — |
| Q1 2025 | 9 | -2 | 1.62M | $59.95M | — | −2 |
| Q4 2024 | 11 | +2 | 1.89M | $68.86M | +2 | — |
| Q3 2024 | 8 | -3 | 1.19M | $53.60M | +1 | −4 |
| Q2 2024 | 11 | — | 1.62M | $65.73M | — | — |
| # | Manager | Shares | Δ shares | Value | Their weight | Held | ||
|---|---|---|---|---|---|---|---|---|
| 1 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 2 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 3 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 4 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 5 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 6 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 7 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 8 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 9 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 10 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 11 | BlackRock ✦ (passive) | 1.85M | 0.0% | $58.96M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 12 | The Vanguard Group ✦ (passive) | 1.38M | +1.6% | $43.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 13 | The Vanguard Group ✦ (passive) | 1.38M | +1.6% | $43.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 14 | The Vanguard Group ✦ (passive) | 1.38M | +1.6% | $43.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 15 | The Vanguard Group ✦ (passive) | 1.38M | +1.6% | $43.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 16 | The Vanguard Group ✦ (passive) | 1.38M | +1.6% | $43.83M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 17 | Geode Capital Management ✦ (passive) | 696.47K | +2.2% | $22.15M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 18 | Geode Capital Management ✦ (passive) | 696.47K | +2.2% | $22.15M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 19 | State Street Global Advisors ✦ (passive) | 548.26K | +3.4% | $17.49M | 0.0% | ▲ Add | 4 | SEC ↗ |
| 20 | Millennium Management ✦ | 365.07K | +135.7% | $11.61M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 21 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 22 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 23 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 24 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 25 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 26 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 27 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 28 | JPMorgan Chase ✦ | 358.20K | — | $11.39M | 0.0% | n/c | 1 | SEC ↗ |
| 29 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 30 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 31 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 32 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 33 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 34 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 35 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 36 | Morgan Stanley ✦ | 234.38K | — | $7.45M | 0.0% | n/c | 1 | SEC ↗ |
| 37 | Two Sigma Investments ✦ | 175.75K | +1509.5% | $5.59M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 38 | D. E. Shaw & Co. ✦ | 146.07K | +43.9% | $4.64M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 39 | Marshall Wace ✦ | 127.00K | -54.8% | $4.04M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 40 | Marshall Wace ✦ | 127.00K | -54.8% | $4.04M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 41 | Citadel Advisors ✦ | 83.78K | +30.3% | $2.66M | 0.0% | ▲ Add | 6 | SEC ↗ |
| 42 | Goldman Sachs Group ✦ | 82.15K | — | $2.61M | 0.0% | n/c | 1 | SEC ↗ |
| 43 | Goldman Sachs Group ✦ | 82.15K | — | $2.61M | 0.0% | n/c | 1 | SEC ↗ |
| 44 | Renaissance Technologies ✦ | 58.40K | +77.0% | $1.86M | 0.0% | ▲ Add | 5 | SEC ↗ |
| 45 | Fidelity (FMR) ✦ | 38.31K | +14.7% | $1.22M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 46 | Fidelity (FMR) ✦ | 38.31K | +14.7% | $1.22M | 0.0% | ▲ Add | 2 | SEC ↗ |
| 47 | AQR Capital Management ✦ | 34.13K | -46.3% | $1.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 48 | AQR Capital Management ✦ | 34.13K | -46.3% | $1.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 49 | AQR Capital Management ✦ | 34.13K | -46.3% | $1.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 50 | AQR Capital Management ✦ | 34.13K | -46.3% | $1.09M | 0.0% | ▼ Trim | 6 | SEC ↗ |
| 51 | T. Rowe Price ✦ | 22.00K | +3.1% | $700,000 | 0.0% | ▲ Add | 6 | SEC ↗ |
“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.
New buyers
| No new tracked buyers this quarter. |
Exited
| No tracked exits this quarter. |
Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 175 holders, 45.46M shares, $1.97B reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.
What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.