Bailard’s Mercantile Bank Corp MBWM Stock Holding History

Bailard’s Portfolio MBWM Stock Details MBWM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$879K	Sell	17,401 -1,100	-6%	-$56.5K	0.02%	341
2025 Q4	$890K	Buy	18,501 +1,500	+9%	+$69.2K	0.02%	339
2025 Q3	$765K	Buy	17,001 +900	+6%	+$42.8K	0.02%	392
2025 Q2	$747K	Buy	16,101 +1,900	+13%	+$82.3K	0.02%	386
2025 Q1	$617K	Sell	14,201 -600	-4%	-$27.8K	0.02%	415
2024 Q4	$658K	Buy	+14,801	New	+$688K	0.02%	405
2023 Q4	–	Sell	-11,233	Closed	-$347K	–	777
2023 Q3	$347K	Buy	+11,233	New	+$367K	0.01%	492
2023 Q1	–	Sell	-12,000	Closed	-$402K	–	758
2022 Q4	$402K	Buy	+12,000	New	+$402K	0.02%	447
2019 Q4	–	Sell	-6,100	Closed	-$200K	–	576
2019 Q3	$200K	Buy	+6,100	New	+$196K	0.01%	476
2019 Q1	–	Sell	-9,900	Closed	-$280K	–	570
2018 Q4	$280K	Buy	+9,900	New	+$307K	0.02%	433

Other funds holding MBWM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

NSAM

North Star Asset Management Neenah, Wisconsin $2.31B AUM 10.09% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

Bailard's MBWM Position: Q1 2026 in Review

Bailard reduced its Mercantile Bank Corp (MBWM) stake by 5.9% in Q1 2026, selling an estimated $56.5K and leaving 17,401 shares worth $879K. The position accounts for 0.02% of the portfolio, ranked #341.

Bailard first reported a position in MBWM in Q4 2018 and has held it in 10 quarters since. The position peaked at $890K in Q4 2025. 200 funds tracked by Wall St. Rank hold MBWM as of Q1 2026.

Bailard held 17,401 shares of Mercantile Bank Corp worth $879K as of Q1 2026.
Bailard sold 1,100 Mercantile Bank Corp shares in Q1 2026, an estimated $56.5K.
Mercantile Bank Corp made up 0.02% of Bailard's portfolio in Q1 2026, its #341 holding.
Bailard first reported a position in Mercantile Bank Corp in Q4 2018 and has held it in 10 quarters since.
Bailard's Mercantile Bank Corp position peaked at $890K in Q4 2025.
200 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q1 2026.

Based on Bailard's 13F filing for Q1 2026, filed 11 May 2026.