Merchants Bancorp (MBIN) Institutional Ownership

Institutions by Trading Activity

Ownership Statistics

45,950,216Shares Outstanding

16,212,499Shares held by institutions

$721,294,081Value of institutional holdings

35.28%Institutional ownership %

14.55%Shares Changed QoQ

148No. of institutional investors

Shares Owned by Institutions

Shares Purchased/Sold by Institutions

Ownership Summary

Merchants Bancorp (NASDAQ:MBIN) is held by 148 institutional investors per 13F filings through December 2025.

These investors collectively held 34.9% of Merchants Bancorp's outstanding shares in December 2025, down from 35.0% in September 2025.
Their total shares held in MBIN increased 13.84% from the prior quarter, while the number of investors in Merchants Bancorp decreased 13.95% year over year.
Of these 148 holders, 69 added to their stakes in Merchants Bancorp, 57 trimmed positions, and 22 made no changes.
The aggregate institutional position in Merchants Bancorp amounted to 16.04Mn shares as of December 2025, up by 1.95Mn shares quarter on quarter, and down 33.32Mn shares year over year.
As of December 31, 2025, BlackRock, Inc. held the largest stake in Merchants Bancorp with 1.88Mn shares, accounting for 4.09% of total shares outstanding.
The largest buyers of Merchants Bancorp for the quarter ending December 2025 were NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (1.11Mn), Doma Perpetual Capital Management LLC (1.02Mn), Goldman Sachs Group Inc (242.42K), Qube Research & Technologies Ltd (127.45K), FIRST TRUST ADVISORS LP (115.88K).
The biggest sellers of Merchants Bancorp for the quarter ending December 2025 included Jpmorgan Chase & Co (256.48K), MILLENNIUM MANAGEMENT LLC (237.06K), BANC FUNDS CO LLC (96.23K), TWO SIGMA INVESTMENTS, LP (95.48K), Bank Of America Corp /De/ (82.16K).
Business Quant data shows the 10 biggest positions in Merchants Bancorp as of December 2025 are held by BlackRock, Inc. (1.88Mn), DIMENSIONAL FUND ADVISORS LP (1.66Mn), VANGUARD GROUP INC (1.41Mn), Doma Perpetual Capital Management LLC (1.12Mn), NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (1.11Mn), ROYCE & ASSOCIATES LP (808.31K), GEODE CAPITAL MANAGEMENT, LLC (715.39K), AMERICAN CENTURY COMPANIES INC (675.52K), State Street Corp (574.09K), HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC (391.07K).

148 Institutional Holders

16,212,499 Total Shares Held

Rows:

Download Data

Owner Name	Date	Shares Held	Change (QoQ)	Change (%)	Value (USD)
BlackRock, Inc.	31 Dec, 2025	1,881,468	27,424	1.48%	$64,082,801.00
DIMENSIONAL FUND ADVISORS LP	31 Dec, 2025	1,656,898	54,970	3.43%	$56,432,591.00
VANGUARD GROUP INC	31 Dec, 2025	1,414,584	36,184	2.63%	$48,180,732.00
Doma Perpetual Capital Management LLC	31 Dec, 2025	1,115,594	1,021,761	1,088.91%	$37,997,132.00
NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	31 Dec, 2025	1,110,383	1,110,383	0.00%	$37,820,000.00
ROYCE & ASSOCIATES LP	31 Dec, 2025	808,314	-53,805	-6.24%	$27,531,175.00
GEODE CAPITAL MANAGEMENT, LLC	31 Dec, 2025	715,394	18,925	2.72%	$24,370,856.00
AMERICAN CENTURY COMPANIES INC	31 Dec, 2025	675,517	45,440	7.21%	$23,008,109.00
State Street Corp	31 Dec, 2025	574,086	25,823	4.71%	$19,608,655.00
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	31 Dec, 2025	391,068	1,190	0.31%	$13,319,776.00
Goldman Sachs Group Inc	31 Dec, 2025	324,570	242,421	295.10%	$11,054,860.00
BASSWOOD CAPITAL MANAGEMENT, L.L.C.	31 Dec, 2025	273,747	0	0.00%	$9,323,823.00
Northern Trust Corp	31 Dec, 2025	256,199	-18,260	-6.65%	$8,726,138.00
Morgan Stanley	31 Dec, 2025	254,779	20,401	8.70%	$8,677,856.00
BANC FUNDS CO LLC	31 Dec, 2025	244,462	-96,228	-28.25%	$8,326,376.00
Valeo Financial Advisors, LLC	31 Dec, 2025	244,108	44	0.02%	$8,314,303.00
DENALI ADVISORS LLC	31 Dec, 2025	237,614	-1,800	-0.75%	$8,093,133.00
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	31 Dec, 2025	234,637	-2,410	-1.02%	$7,991,736.00
Royal Bank Of Canada	31 Dec, 2025	205,953	-15,308	-6.92%	$7,015,000.00
D. E. Shaw & Co., Inc.	31 Dec, 2025	180,308	34,241	23.44%	$6,141,290.00

1 - 20 of 148

Research Tools