Formidable Asset Management’s Merchants Bancorp MBIN Stock Holding History

Formidable 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 Q2	$1.42M	Sell	33,200 -1,200	-3%	-$57K	0.23%	96
2026 Q1	$1.17M	Hold	34,400	–	–	0.18%	114
2025 Q4	$1.09M	Hold	34,400	–	–	0.16%	124
2025 Q3	$1.14M	Hold	34,400	–	–	0.18%	109
2025 Q2	$1.27M	Hold	34,400	–	–	0.21%	87
2025 Q1	$1.27M	Hold	34,400	–	–	0.21%	87
2024 Q4	$1.25M	Sell	34,400 -1,000	-3%	-$40.4K	0.21%	92
2024 Q3	$1.59M	Sell	35,400 -1,000	-3%	-$44.4K	0.25%	78
2024 Q2	$1.48M	Hold	36,400	–	–	0.24%	84
2024 Q1	$1.57M	Buy	+36,400	New	+$1.52M	0.26%	81

Other funds holding MBIN

EFP

Elser Financial Planning Indianapolis, Indiana $2.31B AUM 49.95% 1-Year Est. Return

VFA

Valeo Financial Advisors Carmel, Indiana $4.74B AUM 27.69% 1-Year Est. Return

Sapient Capital Indianapolis, Indiana $7.64B AUM 51.51% 1-Year Est. Return

JIR

James Investment Research Alpha, Ohio $984M AUM 36.03% 1-Year Est. Return

LSERS

Louisiana State Employees Retirement System Baton Rouge, Louisiana $6.74B AUM 53.06% 1-Year Est. Return

Commonwealth Equity Services Waltham, Massachusetts $79.5B AUM 27.1% 1-Year Est. Return

SOADOR

State of Alaska Department of Revenue Juneau, Alaska $10.1B AUM 42.83% 1-Year Est. Return

New York State Teachers Retirement System (NYSTRS) Albany, New York $54.2B AUM 43.77% 1-Year Est. Return

YCM

Yousif Capital Management Bloomfield Hills, Michigan $8.94B AUM 42.6% 1-Year Est. Return

Amalgamated Bank New York $14.5B AUM 44.3% 1-Year Est. Return

Formidable Asset Management's MBIN Position: Q2 2026 in Review

Formidable Asset Management reduced its Merchants Bancorp (MBIN) stake by 3.5% in Q2 2026, selling an estimated $57K and leaving 33,200 shares worth $1.42M. The position accounts for 0.23% of the portfolio, ranked #96.

Formidable Asset Management first reported a position in MBIN in Q1 2024 and has held it in 10 quarters since. The position peaked at $1.59M in Q3 2024. 35 funds tracked by Wall St. Rank hold MBIN as of Q2 2026.

Formidable Asset Management held 33,200 shares of Merchants Bancorp worth $1.42M as of Q2 2026.
Formidable Asset Management sold 1,200 Merchants Bancorp shares in Q2 2026, an estimated $57K.
Merchants Bancorp made up 0.23% of Formidable Asset Management's portfolio in Q2 2026, its #96 holding.
Formidable Asset Management first reported a position in Merchants Bancorp in Q1 2024 and has held it in 10 quarters since.
Formidable Asset Management's Merchants Bancorp position peaked at $1.59M in Q3 2024.
35 funds tracked by Wall St. Rank held Merchants Bancorp as of Q2 2026.

Based on Formidable Asset Management's 13F filing for Q2 2026, filed 17 Jul 2026.