Merchants Bancorp MBIN Institutional Ownership

NASDAQ MBIN

$49.52 +0.56 (+1.14%)

At close: Oct 1, 2026 · 4:00 PM EDT

Institutions by Trading Activity

189 Institutions

Increased 87 46.0%

Unchanged 42 22.2%

Reduced 60 31.7%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

98.87%

▼-0.21 pp QoQ

Shares Held by Institutions

45.42Mn

of 45.94Mn outstanding

▲+0.38% QoQ

Shares Outstanding

45.94Mn

519.38K held outside 13F filers

Institutional Investors

189

filed 13F for Jun 2026

▲+12 vs prior quarter

Net Shares Added (QoQ)

+172.75K

accumulated since last quarter

Value of Holdings

$2.22Bn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Quarter ending 30 Jun, 2026

Merchants Bancorp (NASDAQ:MBIN) is held by 189 institutional investors per 13F filings through June 2026.

These investors held 98.9% of outstanding shares in June 2026, down from 99.1% in March 2026.
They increased total shares held in MBIN by 0.38% quarter over quarter, and investors in Merchants Bancorp increased 26.85% from a year ago.
Of these 189 funds, 87 grew their exposure to Merchants Bancorp, 60 cut back, and 42 maintained positions.
In total, institutional investors held 45.42Mn shares in Merchants Bancorp as of June 2026, up by 172.75K shares quarter on quarter, and up 3.38Mn shares year over year.
Elser Financial Planning, Inc leads ownership in MBIN with 26.81Mn shares as of June 30, 2026, equal to 58.36% of outstanding shares.
The largest buyers of Merchants Bancorp for the quarter ending June 2026 were Sixth Street Partners Management Company, L.P. (252.55K), AMERICAN CENTURY COMPANIES INC (94.42K), Invesco Ltd. (85.33K), DIMENSIONAL FUND ADVISORS LP (68.16K), BlackRock, Inc. (54.28K).
Leading sellers of Merchants Bancorp shares for the quarter ending June 2026 were Doma Perpetual Capital Management LLC (305.51K), Elser Financial Planning, Inc (174.48K), Goldman Sachs Group Inc (55.32K), Sei Investments Co (54.25K), NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (48.01K).
Business Quant data shows the 10 biggest positions in Merchants Bancorp as of June 2026 are held by Elser Financial Planning, Inc (26.81Mn), BlackRock, Inc. (4.11Mn), DIMENSIONAL FUND ADVISORS LP (1.83Mn), State Street Corp (1.07Mn), NOMURA ASSET MANAGEMENT INTERNATIONAL INC. (1.04Mn), VANGUARD CAPITAL MANAGEMENT LLC (1.02Mn), AMERICAN CENTURY COMPANIES INC (837.05K), Doma Perpetual Capital Management LLC (810.08K), GEODE CAPITAL MANAGEMENT, LLC (740.33K), ROYCE & ASSOCIATES LP (527.05K).

Form 13F Holdings

189 Institutional Holders

Report period 30 Jun, 2026

Total shares held 45.42Mn

Of outstanding 98.87%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	Elser Financial Planning, Inc	0002028202	26,808,625	58.36%	▼174,476	-0.65%	$1.34Bn
2	BlackRock, Inc.	0002012383	4,105,193	8.94%	▲54,275	+1.34%	$205.26Mn
3	DIMENSIONAL FUND ADVISORS LP	0000354204	1,827,144	3.98%	▲68,159	+3.87%	$91.36Mn
4	State Street Corp	0000093751	1,066,972	2.32%	▲32,340	+3.13%	$53.46Mn
5	NOMURA ASSET MANAGEMENT INTERNATIONAL INC.	0000921739	1,044,992	2.27%	▼48,012	-4.39%	$52.25Mn
6	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	1,015,813	2.21%	▲15,037	+1.50%	$50.79Mn
7	AMERICAN CENTURY COMPANIES INC	0000748054	837,052	1.82%	▲94,417	+12.71%	$41.85Mn
8	Doma Perpetual Capital Management LLC	0001962221	810,082	1.76%	▼305,512	-27.39%	$40.50Mn
9	GEODE CAPITAL MANAGEMENT, LLC	0001214717	740,326	1.61%	▲14,891	+2.05%	$37.02Mn
10	ROYCE & ASSOCIATES LP	0000906304	527,047	1.15%	▼40,220	-7.09%	$26.35Mn
11	VANGUARD PORTFOLIO MANAGEMENT LLC	0002100121	488,221	1.06%	▲23,558	+5.07%	$24.41Mn
12	Morgan Stanley	0000895421	308,775	0.67%	▲10,715	+3.59%	$15.44Mn
13	Northern Trust Corp	0000073124	301,802	0.66%	▲14,709	+5.12%	$15.09Mn
14	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0001164833	298,438	0.65%	▼3,970	-1.31%	$14.92Mn
15	BANC FUNDS CO LLC	0001029311	285,062	0.62%	▲4,000	+1.42%	$14.25Mn
16	BASSWOOD CAPITAL MANAGEMENT, L.L.C.	0001085393	273,747	0.60%	0	0.00%	$13.69Mn
17	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0000884546	252,548	0.55%	▲4,466	+1.80%	$12.63Mn
17	Sixth Street Partners Management Company, L.P.	0001812095	252,548	0.55%	▲252,548	0.00%	$12.63Mn
18	Invesco Ltd.	0000914208	240,395	0.52%	▲85,328	+55.03%	$12.02Mn
19	Bank of New York Mellon Corp	0001390777	234,378	0.51%	▼1,768	-0.75%	$11.72Mn

Showing 1 to 20 of 189 holders