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Security record

MBWM

Mercantile Bank Corporation · Financial Services · Banks - Regional

57.78 -0.7% mkt cap $998.11M quote delayed (FMP) · as of Oct 11 03:53 UTC — separate from filing data below

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024
82Tracked holders
-2Δ holders
9.32MShares held
$534.83MReported value
+7New positions
−9Exits
Stable Conviction score 53/100 5 quarters of rising tracked shares ●●●●●○ How these are computed → Explain this at the Research Desk →

Momentum inputs (comparable managers): holder breadth -2.4% · share flow +2.6% · net new positions -2.4% — formula
Concentrated accumulation — rising shares among fewer holders

All ownership figures: tracked 13F managers only, common-stock positions, reporting period Q2 2026

Ownership over time
QuarterHoldersΔSharesReported valueNewExits
Q2 2026 82 -2 9.32M $534.83M +7 −9
Q1 2026 87 -2 9.11M $460.09M +5 −7
Q4 2025 89 0 8.61M $414.24M +2 −2
Q3 2025 17 -1 5.01M $225.34M — −1
Q2 2025 15 0 4.27M $198.23M — —
Q1 2025 12 +2 1.66M $72.16M +2 —
Q4 2024 10 0 1.70M $75.42M +1 −1
Q3 2024 9 +1 1.20M $52.55M +1 —
Q2 2024 8 — 1.22M $49.49M — —
Holder count
Who holds it · Q2 2026
#ManagerSharesΔ sharesValueTheir weightHeld
1 BlackRock ✦ (passive) 1.53M +10.5% $88.10M 0.0% ▲ Add 5 SEC ↗ ×12
2 Wellington Management ✦ 1.09M -8.5% $62.47M 0.0% ▼ Trim 3 SEC ↗ ×3
3 Dimensional Fund Advisors Lp 1.05M +1.4% $60.11M 0.0% ▲ Add 3 SEC ↗ ×4
4 Vanguard Capital Management Llc 735.61K +4.4% $42.24M 0.0% ▲ Add 2 SEC ↗
5 American Century Companies Inc 625.01K +11.3% $35.89M 0.0% ▲ Add 3 SEC ↗
6 State Street Global Advisors ✦ (passive) 598.64K +19.1% $34.37M 0.0% ▲ Add 7 SEC ↗
7 Geode Capital Management ✦ (passive) 466.41K +7.2% $26.79M 0.0% ▲ Add 9 SEC ↗ ×2
8 Renaissance Technologies ✦ 446.61K -5.4% $25.64M 0.0% ▼ Trim 9 SEC ↗
9 Northern Trust Corp 240.67K +3.5% $13.82M 0.0% ▲ Add 3 SEC ↗ ×5
10 Two Sigma Investments ✦ 213.74K +17.7% $12.27M 0.0% ▲ Add 9 SEC ↗
11 Hotchkis & Wiley Capital Management… 192.50K +0.7% $11.05M 0.0% ▲ Add 3 SEC ↗
12 Charles Schwab Investment… 144.19K +2.7% $8.28M 0.0% ▲ Add 3 SEC ↗
13 JPMorgan Chase ✦ 140.10K -5.9% $8.01M 0.0% ▼ Trim 4 SEC ↗ ×4
14 AQR Capital Management ✦ 137.73K -6.1% $7.91M 0.0% ▼ Trim 9 SEC ↗ ×7
15 Mercer Global Advisors Inc /Adv 127.92K -1.0% $7.35M 0.0% ▼ Trim 3 SEC ↗
16 Morgan Stanley ✦ 123.03K -3.3% $7.06M 0.0% ▼ Trim 4 SEC ↗ ×12
17 Goldman Sachs Group ✦ 101.03K -10.4% $5.80M 0.0% ▼ Trim 4 SEC ↗ ×2
18 Bank of New York Mellon Corp 98.10K +5.9% $5.63M 0.0% ▲ Add 3 SEC ↗ ×4
19 Citadel Advisors ✦ 93.09K +221.8% $5.35M 0.0% ▲ Add 3 SEC ↗ ×2
20 Arrowstreet Capital ✦ 64.90K 0.0% $3.73M 0.0% Held 9 SEC ↗
21 Envestnet Asset Management Inc 62.02K -5.9% $3.56M 0.0% ▼ Trim 3 SEC ↗
22 Franklin Resources Inc 55.46K +4.5% $3.18M 0.0% ▲ Add 3 SEC ↗ ×3
23 Ameriprise Financial Inc 55.19K +0.1% $3.17M 0.0% ▲ Add 3 SEC ↗ ×5
24 Hrt Financial Lp 48.93K New $2.81M 0.0% New 1 SEC ↗
25 Connor, Clark & Lunn Investment… 48.39K -0.9% $2.78M 0.0% ▼ Trim 3 SEC ↗
26 Raymond James Financial Inc 47.32K -1.7% $2.72M 0.0% ▼ Trim 3 SEC ↗ ×3
27 Wells Fargo & Company/Mn 40.98K +25.1% $2.35M 0.0% ▲ Add 3 SEC ↗ ×4
28 Quantinno Capital Management LP 40.94K +53.1% $2.35M 0.0% ▲ Add 3 SEC ↗
29 Nuveen, LLC 39.56K +28.2% $2.27M 0.0% ▲ Add 3 SEC ↗ ×3
30 Creative Planning 39.20K +7.8% $2.25M 0.0% ▲ Add 3 SEC ↗ ×2
31 Swiss National Bank 32.90K +8.2% $1.89M 0.0% ▲ Add 3 SEC ↗
32 UBS Group AG 26.49K -25.7% $1.52M 0.0% ▼ Trim 3 SEC ↗ ×4
33 Osaic Holdings, Inc. 25.27K -0.3% $1.45M 0.0% ▼ Trim 3 SEC ↗ ×2
34 UBS AM, a distinct business unit of… 24.13K -0.7% $1.39M 0.0% ▼ Trim 3 SEC ↗ ×2
35 Bank Of America Corp /De/ 24.03K -34.6% $1.38M 0.0% ▼ Trim 3 SEC ↗ ×2
36 Invesco Ltd. 23.69K +5.1% $1.36M 0.0% ▲ Add 3 SEC ↗ ×5
37 Credit Agricole S A 22.44K 0.0% $1.29M 0.0% Held 3 SEC ↗
38 Barclays Plc 21.94K +3.5% $1.26M 0.0% ▲ Add 3 SEC ↗ ×2
39 Rhumbline Advisers 21.41K +4.0% $1.23M 0.0% ▲ Add 3 SEC ↗
40 Man Group plc 19.92K +21.1% $1.14M 0.0% ▲ Add 3 SEC ↗
41 Cerity Partners LLC 19.63K -8.1% $1.13M 0.0% ▼ Trim 3 SEC ↗ ×2
42 Victory Capital Management Inc 19.45K +6.9% $1.12M 0.0% ▲ Add 3 SEC ↗
43 Alliancebernstein L.P. 21.56K +0.1% $1.09M 0.0% ▲ Add 3 SEC ↗
44 Federated Hermes, Inc. 18.00K +15.2% $1.03M 0.0% ▲ Add 3 SEC ↗ ×2
45 Deutsche Bank Ag\ 17.93K +42.1% $1.03M 0.0% ▲ Add 3 SEC ↗
46 Citigroup Inc 17.60K +58.6% $1.01M 0.0% ▲ Add 3 SEC ↗ ×3
47 Baird Financial Group, Inc. 17.48K 0.0% $1.00M 0.0% Held 3 SEC ↗
48 LPL Financial LLC 14.33K -0.6% $823,086 0.0% ▼ Trim 3 SEC ↗
49 T. Rowe Price ✦ 14.14K +24.2% $812,000 0.0% ▲ Add 9 SEC ↗
50 State Of Wisconsin Investment Board 12.94K +36.5% $742,957 0.0% ▲ Add 3 SEC ↗
51 Legal & General Group Plc 12.75K -12.2% $732,219 0.0% ▼ Trim 3 SEC ↗ ×3
52 Allianz Asset Management GmbH 12.33K 0.0% $708,103 0.0% Held 3 SEC ↗
53 Blair William & Co/Il 12.28K +0.7% $704,888 0.0% ▲ Add 2 SEC ↗
54 Canada Pension Plan Investment Board 11.90K 0.0% $683,298 0.0% Held 3 SEC ↗
55 Point72 Asset Management ✦ 11.63K New $668,024 0.0% New 1 SEC ↗
56 Jones Financial Companies Lllp 10.97K -3.0% $626,334 0.0% ▼ Trim 3 SEC ↗
57 Royal Bank Of Canada 10.61K -8.2% $609,000 0.0% ▼ Trim 3 SEC ↗ ×4
58 Bnp Paribas Financial Markets 9.96K +23.3% $571,846 0.0% ▲ Add 3 SEC ↗
59 Stifel Financial Corp 9.16K +38.4% $525,714 0.0% ▲ Add 3 SEC ↗
60 Russell Investments Group, Ltd. 8.89K +257.4% $510,636 0.0% ▲ Add 3 SEC ↗ ×2
61 Allspring Global Investments… 8.63K +3.2% $495,592 0.0% ▲ Add 3 SEC ↗
62 Sei Investments Co 8.21K -43.4% $471,246 0.0% ▼ Trim 3 SEC ↗
63 Fifth Third Bancorp 8.03K -6.3% $461,025 0.0% ▼ Trim 3 SEC ↗
64 MIRAE ASSET GLOBAL ETFS HOLDINGS… 7.93K +0.3% $455,168 0.0% ▲ Add 3 SEC ↗
65 Wealth Enhancement Advisory… 6.77K +10.1% $385,988 0.0% ▲ Add 3 SEC ↗
66 HighTower Advisors, LLC 6.43K -6.2% $368,971 0.0% ▼ Trim 3 SEC ↗
67 New York State Common Retirement… 6.33K -7.3% $363,583 0.0% ▼ Trim 3 SEC ↗
68 First Trust Advisors Lp 6.21K 0.0% $356,291 0.0% ▼ Trim 3 SEC ↗
69 D. E. Shaw & Co. ✦ 4.76K New $273,090 0.0% New 1 SEC ↗
70 Manufacturers Life Insurance… 4.50K -3.7% $258,160 0.0% ▼ Trim 3 SEC ↗
71 State Board Of Administration Of… 4.40K 0.0% $252,648 0.0% Held 3 SEC ↗
72 Voya Investment Management Llc 3.87K New $222,043 0.0% New 1 SEC ↗
73 Mml Investors Services, Llc 3.80K New $218,404 0.0% New 1 SEC ↗
74 Mariner, LLC 3.77K -27.8% $216,345 0.0% ▼ Trim 3 SEC ↗
75 Us Bancorp \De\ 3.21K +17.2% $184,548 0.0% ▲ Add 3 SEC ↗
76 Zurcher Kantonalbank (Zurich… 3.11K 0.0% $178,404 0.0% Held 3 SEC ↗
77 Fidelity (FMR) ✦ 2.75K -79.0% $157,651 0.0% ▼ Trim 5 SEC ↗ ×2
78 Pnc Financial Services Group, Inc. 1.63K -3.0% $93,665 0.0% ▼ Trim 3 SEC ↗ ×4
79 BNP Paribas Asset Management… 722 +46.8% $41,457 0.0% ▲ Add 3 SEC ↗
80 Rockefeller Capital Management L.P. 160 New $9,187 0.0% New 1 SEC ↗
81 Optiver Holding B.V. 112 -12.5% $6,431 0.0% ▼ Trim 3 SEC ↗
82 Simplex Trading, Llc 8 New $459 0.0% New 1 SEC ↗

“Their weight” = the position's share of that manager's reported 13F equity value — the conviction measure. ✦ = curated manager.

New buyers

Exited

ProShare Advisors LLC $6.34M was 0.0%
Qube Research & Technologies… $1.06M was 0.0%
Lazard Asset Management Llc $887,235 was 0.0%
Susquehanna International… $640,997 was 0.0%
Prudential Financial Inc $358,803 was 0.0%
Universal- Beteiligungs- und… $272,297 was 0.0%
Jane Street Group, Llc $235,028 was 0.0%
Squarepoint Ops LLC $234,068 was 0.0%
Northwestern Mutual Wealth… $909 was 0.0%

Full-market context: across ALL 13F filers (SEC structured data, Q1 2026): 198 holders, 11.54M shares, $564.18M reported. This is a different, older period than the tracked-universe figures above and the two are never mixed.

Frequently co-owned

What else this security's tracked holders most often hold — shared-ownership counts, not fundamental relationships.

Provenance: Ownership from parsed 13F common-stock positions (tracked universe, comparable sets for changes); insider rows from Forms 3/4/5; stakes from Schedules 13D/13G; every filing links to its original on SEC EDGAR. Reporting period: Q2 2026 · Methodology · Get this via the API