First Quadrant’s Mercantile Bank Corp MBWM Stock Holding History

First Quadrant’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
2014 Q4	–	Sell	-1,900	Closed	-$36K	–	798
2014 Q3	$36K	Hold	1,900	–	–	﹤0.01%	706
2014 Q2	$43K	Sell	1,900 -1,600	-46%	-$33.2K	﹤0.01%	716
2014 Q1	$72K	Buy	+3,500	New	+$72.2K	﹤0.01%	613

Other funds holding MBWM

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

BFC

Banc Funds Company Chicago, Illinois $537M AUM 17.34% 1-Year Est. Return

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

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

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

NSAM

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

SCA

Stieven Capital Advisors St. Louis, Missouri $468M AUM 15.94% 1-Year Est. Return

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

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

First Quadrant's MBWM Position: Q4 2014 in Review

First Quadrant sold out of Mercantile Bank Corp (MBWM) in Q4 2014, closing a stake of 1,900 shares — an estimated $36K sold.

First Quadrant first reported a position in MBWM in Q1 2014 and held it in 3 quarters. The position peaked at $72K in Q1 2014. 64 funds tracked by Wall St. Rank hold MBWM as of Q4 2014.

First Quadrant reported no remaining Mercantile Bank Corp position as of Q4 2014 after selling out during the quarter.
First Quadrant sold 1,900 Mercantile Bank Corp shares in Q4 2014, an estimated $36K.
First Quadrant first reported a position in Mercantile Bank Corp in Q1 2014 and held it in 3 quarters.
First Quadrant's Mercantile Bank Corp position peaked at $72K in Q1 2014.
64 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q4 2014.

Based on First Quadrant's 13F filing for Q4 2014, filed 27 Jan 2015.