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Denali Advisors’s Merchants Bancorp MBIN Stock Holding History

Denali Advisors’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
Q1 		$8.36M Sell
194,710
-42,904
-18% -$1.75M 0.93% 14
2025
Q4 		$8.09M Sell
237,614
-1,800
-0.8% -$59.1K 0.9% 13
2025
Q3 		$7.61M Buy
239,414
+38,904
+19% +$1.28M 0.86% 24
2025
Q2 		$6.63M Buy
200,510
+30,356
+18% +$982K 0.69% 41
2025
Q1 		$6.3M Sell
170,154
-12,452
-7% -$491K 0.72% 41
2024
Q4 		$6.66M Buy
182,606
+27,817
+18% +$1.12M 0.7% 36
2024
Q3 		$6.96M Buy
154,789
+25,565
+20% +$1.13M 0.75% 41
2024
Q2 		$5.24M Buy
129,224
+47,911
+59% +$1.97M 1.43% 25
2024
Q1 		$3.51M Buy
81,313
+680
+0.8% +$28.4K 1.03% 37
2023
Q4 		$3.43M Sell
80,633
-176
-0.2% -$5.79K 1.05% 35
2023
Q3 		$2.24M Hold
80,809
– – 0.79% 43
2023
Q2 		$2.07M Buy
80,809
+22,304
+38% +$552K 0.73% 42
2023
Q1 		$1.52M Sell
58,505
-866
-1% -$24K 0.63% 52
2022
Q4 		$1.44M Buy
59,371
+816
+1% +$19.9K 0.61% 55
2022
Q3 		$1.35M Buy
58,555
+7,512
+15% +$192K 0.64% 53
2022
Q2 		$1.16M Hold
51,043
– – 0.5% 61
2022
Q1 		$1.4M Buy
51,043
+12,299
+32% +$366K 0.54% 59
2021
Q4 		$1.22M Buy
38,744
+13,950
+56% +$419K 0.46% 69
2021
Q3 		$652K Buy
24,794
+10,950
+79% +$272K 0.27% 96
2021
Q2 		$362K Buy
13,844
+5,798
+72% +$161K 0.14% 119
2021
Q1 		$225K Buy
8,046
+66
+0.8% +$1.53K 0.07% 159
2020
Q4 		$147K Sell
7,980
-870
-10% -$14.4K 0.03% 249
2020
Q3 		$116K Sell
8,850
-5,235
-37% -$66.3K 0.02% 248
2020
Q2 		$174K Sell
14,085
-1,320
-9% -$13.9K 0.03% 259
2020
Q1 		$156K Sell
15,405
-2,802
-15% -$34.4K 0.03% 215
2019
Q4 		$239K Buy
18,207
+17,932
+6,521% +$209K 0.03% 204
2019
Q3 		$3K Sell
275
-217
-44% -$2.41K ﹤0.01% 250
2019
Q2 		$6K Buy
492
+274
+126% +$3.75K ﹤0.01% 236
2019
Q1 		$3K Buy
218
+45
+26% +$621 ﹤0.01% 205
2018
Q4 		$2K Buy
+173
New +$2.6K ﹤0.01% 208

Other funds holding MBIN

EFP
Elser Financial Planning Indianapolis, Indiana $2.31B AUM 49.95% 1-Year Est. Return
BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Dimensional Fund Advisors
Dimensional Fund Advisors Austin, Texas $481B AUM 30.42% 1-Year Est. Return
DPCM
Doma Perpetual Capital Management Miami, Florida $372M AUM 14.96% 1-Year Est. Return
NAMI
Nomura Asset Management International Philadelphia, Pennsylvania $58.4B AUM
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
VCM
Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM
American Century Companies
American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return
RA
Royce & Associates New York $10.1B AUM 42.88% 1-Year Est. Return

Denali Advisors's MBIN Position: Q1 2026 in Review

Denali Advisors reduced its Merchants Bancorp (MBIN) stake by 18% in Q1 2026, selling an estimated $1.75M and leaving 194,710 shares worth $8.36M. The position accounts for 0.93% of the portfolio, ranked #14.

Denali Advisors first reported a position in MBIN in Q4 2018 and has held it in 30 quarters since. 178 funds tracked by Wall St. Rank hold MBIN as of Q1 2026.

  • Denali Advisors held 194,710 shares of Merchants Bancorp worth $8.36M as of Q1 2026.
  • Denali Advisors sold 42,904 Merchants Bancorp shares in Q1 2026, an estimated $1.75M.
  • Merchants Bancorp made up 0.93% of Denali Advisors's portfolio in Q1 2026, its #14 holding.
  • Denali Advisors first reported a position in Merchants Bancorp in Q4 2018 and has held it in 30 quarters since.
  • 178 funds tracked by Wall St. Rank held Merchants Bancorp as of Q1 2026.

Based on Denali Advisors's 13F filing for Q1 2026, filed 8 May 2026.