Mercantile Bank MBWM Institutional Ownership

NASDAQ MBWM

$58.90 +0.58 (+0.99%)

At close: Oct 1, 2026 · 4:00 PM EDT

Institutions by Trading Activity

206 Institutions

Increased 108 52.4%

Unchanged 36 17.5%

Reduced 62 30.1%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

70.51%

▲+2.67 pp QoQ

Shares Held by Institutions

12.18Mn

of 17.28Mn outstanding

▲+7.02% QoQ

Shares Outstanding

17.28Mn

5.10Mn held outside 13F filers

Institutional Investors

206

filed 13F for Jun 2026

▲+6 vs prior quarter

Net Shares Added (QoQ)

+799.55K

accumulated since last quarter

Value of Holdings

$710.51Mn

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

Mercantile Bank Corp (NASDAQ:MBWM) showed up in the 13F filings of 206 institutional investors as of June 2026.

They owned 70.5% of outstanding stock in June 2026, up from 67.8% the prior quarter.
Their total shares held in MBWM increased 7.02% from the prior quarter, while the number of investors in Mercantile Bank increased 6.19% year over year.
Activity in MBWM broke down as 108 buyers, 62 sellers, and 36 unchanged among 206 total holders.
The aggregate institutional position in Mercantile Bank amounted to 12.18Mn shares as of June 2026, up by 799.55K shares quarter on quarter, and up 1.88Mn shares year over year.
As of June 30, 2026, the biggest holder of Mercantile Bank is BlackRock, Inc. at 1.53Mn shares, representing 8.88% of shares outstanding.
Top purchasers of MBWM stock for the quarter ending June 2026 included BlackRock, Inc. (145.68K), Sixth Street Partners Management Company, L.P. (144.19K), State Street Corp (96.17K), Rhino Investment Partners, Inc (93.92K), CITADEL ADVISORS LLC (64.16K).
The largest sales of MBWM for the quarter ending June 2026 came from WELLINGTON MANAGEMENT GROUP LLP (101.03K), BRIDGEWAY CAPITAL MANAGEMENT, LLC (85.3K), Empowered Funds, LLC (48.0K), RENAISSANCE TECHNOLOGIES LLC (25.6K), Bank Of America Corp /De/ (12.74K).
Mercantile Bank's 10 largest shareholders as of June 2026 include BlackRock, Inc. (1.53Mn), WELLINGTON MANAGEMENT GROUP LLP (1.09Mn), DIMENSIONAL FUND ADVISORS LP (1.05Mn), VANGUARD CAPITAL MANAGEMENT LLC (735.61K), AMERICAN CENTURY COMPANIES INC (625.02K), State Street Corp (598.64K), GEODE CAPITAL MANAGEMENT, LLC (466.41K), RENAISSANCE TECHNOLOGIES LLC (446.61K), NORTH STAR ASSET MANAGEMENT INC (377.43K), VANGUARD PORTFOLIO MANAGEMENT LLC (290.09K) per Business Quant data.

Form 13F Holdings

206 Institutional Holders

Report period 30 Jun, 2026

Total shares held 12.18Mn

Of outstanding 70.51%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	BlackRock, Inc.	0002012383	1,534,392	8.88%	▲145,678	+10.49%	$88.10Mn
2	WELLINGTON MANAGEMENT GROUP LLP	0000902219	1,087,998	6.30%	▼101,033	-8.50%	$62.47Mn
3	DIMENSIONAL FUND ADVISORS LP	0000354204	1,046,841	6.06%	▲13,953	+1.35%	$60.11Mn
4	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	735,613	4.26%	▲31,289	+4.44%	$42.24Mn
5	AMERICAN CENTURY COMPANIES INC	0000748054	625,015	3.62%	▲63,548	+11.32%	$35.89Mn
6	State Street Corp	0000093751	598,641	3.46%	▲96,173	+19.14%	$34.37Mn
7	GEODE CAPITAL MANAGEMENT, LLC	0001214717	466,410	2.70%	▲31,398	+7.22%	$26.79Mn
8	RENAISSANCE TECHNOLOGIES LLC	0001037389	446,613	2.58%	▼25,600	-5.42%	$25.64Mn
9	NORTH STAR ASSET MANAGEMENT INC	0001056559	377,427	2.18%	▼5,753	-1.50%	$21.67Mn
10	VANGUARD PORTFOLIO MANAGEMENT LLC	0002100121	290,093	1.68%	▲14,772	+5.37%	$16.66Mn
11	LSV ASSET MANAGEMENT	0001050470	280,786	1.63%	▼2,400	-0.85%	$16.12K
12	Northern Trust Corp	0000073124	240,668	1.39%	▲8,068	+3.47%	$13.82Mn
13	Tributary Capital Management, LLC	0001441888	218,146	1.26%	▼6,486	-2.89%	$12.53Mn
14	TWO SIGMA INVESTMENTS, LP	0001179392	213,740	1.24%	▲32,093	+17.67%	$12.27Mn
15	HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC	0001164833	192,503	1.11%	▲1,350	+0.71%	$11.05Mn
16	Sixth Street Partners Management Company, L.P.	0001812095	144,188	0.83%	▲144,188	0.00%	$8.28Mn
16	CHARLES SCHWAB INVESTMENT MANAGEMENT INC	0000884546	144,188	0.83%	▲3,742	+2.66%	$8.28Mn
17	Jpmorgan Chase & Co	0000019617	140,097	0.81%	▼8,761	-5.89%	$8.01Mn
18	AQR CAPITAL MANAGEMENT LLC	0001167557	137,726	0.80%	▼8,987	-6.13%	$7.91Mn
19	BANC FUNDS CO LLC	0001029311	131,160	0.76%	0	0.00%	$7.53Mn

Showing 1 to 20 of 206 holders