Ballast Asset Management’s Merchants Bancorp MBIN Stock Holding History

Ballast Asset Management’s Portfolio MBIN Stock Details MBIN Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q3	$6.43M	Sell	131,322 -3,948	-3%	-$205K	2.79%	7
2026 Q2	$6.76M	Sell	135,270 -1,316	-1%	-$62.5K	2.7%	9
2026 Q1	$5.86M	Buy	136,586 +3,290	+2%	+$134K	2.61%	8
2025 Q4	$4.54M	Sell	133,296 -4,591	-3%	-$151K	2.14%	18
2025 Q3	$4.38M	Buy	137,887 +61,418	+80%	+$2.02M	2%	19
2025 Q2	$2.53M	Buy	+76,469	New	+$2.47M	1.31%	35

Other funds holding MBIN

Elser Financial Planning Indianapolis, Indiana $2.28B AUM 39.33% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $551B AUM 33.95% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.92T AUM 36.1% 1-Year Est. Return

Royce & Associates New York $11B AUM 39.4% 1-Year Est. Return

Bank of New York Mellon New York $608B AUM 32.77% 1-Year Est. Return

Valeo Financial Advisors Carmel, Indiana $4.74B AUM 19.14% 1-Year Est. Return

Wasatch Advisors Salt Lake City, Utah $13.5B AUM 16.58% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $195B AUM 21.17% 1-Year Est. Return

Russell Investments Group London, United Kingdom $114B AUM 33.83% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $362B AUM 34.89% 1-Year Est. Return

Ballast Asset Management's MBIN Position: Q3 2026 in Review

Ballast Asset Management reduced its Merchants Bancorp (MBIN) stake by 2.9% in Q3 2026, selling an estimated $205K and leaving 131,322 shares worth $6.43M. The position accounts for 2.79% of the portfolio, ranked #7.

Ballast Asset Management first reported a position in MBIN in Q2 2025 and has held it in 6 quarters since. The position peaked at $6.76M in Q2 2026. 92 funds tracked by Wall St. Rank hold MBIN as of Q3 2026.

Ballast Asset Management held 131,322 shares of Merchants Bancorp worth $6.43M as of Q3 2026.
Ballast Asset Management sold 3,948 Merchants Bancorp shares in Q3 2026, an estimated $205K.
Merchants Bancorp made up 2.79% of Ballast Asset Management's portfolio in Q3 2026, its #7 holding.
Ballast Asset Management first reported a position in Merchants Bancorp in Q2 2025 and has held it in 6 quarters since.
Ballast Asset Management's Merchants Bancorp position peaked at $6.76M in Q2 2026.
92 funds tracked by Wall St. Rank held Merchants Bancorp as of Q3 2026.

Based on Ballast Asset Management's 13F filing for Q3 2026, filed 4 Nov 2026.