LPL Financial
MBWM icon

LPL Financial’s Mercantile Bank Corp MBWM Stock Holding History

LPL Financial’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 		$728K Buy
14,419
+249
+2% +$12.8K ﹤0.01% 4435
2025
Q4 		$682K Sell
14,170
-965
-6% -$44.5K ﹤0.01% 4431
2025
Q3 		$681K Buy
15,135
+461
+3% +$21.9K ﹤0.01% 4368
2025
Q2 		$681K Buy
14,674
+661
+5% +$28.6K ﹤0.01% 4111
2025
Q1 		$609K Buy
14,013
+3,172
+29% +$147K ﹤0.01% 3982
2024
Q4 		$482K Buy
10,841
+1,622
+18% +$75.4K ﹤0.01% 4128
2024
Q3 		$403K Buy
9,219
+562
+6% +$24.8K ﹤0.01% 4193
2024
Q2 		$351K Sell
8,657
-742
-8% -$27.8K ﹤0.01% 4143
2024
Q1 		$362K Buy
9,399
+346
+4% +$13.2K ﹤0.01% 4055
2023
Q4 		$366K Buy
9,053
+550
+6% +$19.3K ﹤0.01% 3928
2023
Q3 		$263K Buy
8,503
+596
+8% +$19.5K ﹤0.01% 4030
2023
Q2 		$218K Sell
7,907
-160
-2% -$4.43K ﹤0.01% 4091
2023
Q1 		$247K Sell
8,067
-306
-4% -$10.2K ﹤0.01% 3891
2022
Q4 		$280K Buy
8,373
+154
+2% +$5.16K ﹤0.01% 3694
2022
Q3 		$244K Buy
8,219
+1,588
+24% +$53K ﹤0.01% 3760
2022
Q2 		$212K Sell
6,631
-39
-0.6% -$1.26K ﹤0.01% 3899
2022
Q1 		$236K Buy
6,670
+123
+2% +$4.6K ﹤0.01% 3742
2021
Q4 		$229K Buy
+6,547
New +$228K ﹤0.01% 3893
2021
Q2 		– Sell
-25,369
Closed -$824K – 4277
2021
Q1 		$824K Buy
25,369
+174
+0.7% +$5.24K ﹤0.01% 2569
2020
Q4 		$685K Buy
+25,195
New +$602K ﹤0.01% 2485

Other funds holding MBWM

BlackRock
BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
Dimensional Fund Advisors
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
American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
Renaissance Technologies
Renaissance Technologies New York $63.9B AUM 45.56% 1-Year Est. Return
Geode Capital Management
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
LSV Asset Management Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

LPL Financial's MBWM Position: Q1 2026 in Review

LPL Financial increased its Mercantile Bank Corp (MBWM) stake by 1.8% in Q1 2026, buying an estimated $12.8K and bringing the position to 14,419 shares worth $728K. The position accounts for ﹤0.01% of the portfolio, ranked #4435.

LPL Financial first reported a position in MBWM in Q4 2020 and has held it in 20 quarters since. The position peaked at $824K in Q1 2021. 200 funds tracked by Wall St. Rank hold MBWM as of Q1 2026.

  • LPL Financial held 14,419 shares of Mercantile Bank Corp worth $728K as of Q1 2026.
  • LPL Financial bought 249 Mercantile Bank Corp shares in Q1 2026, an estimated $12.8K.
  • Mercantile Bank Corp made up ﹤0.01% of LPL Financial's portfolio in Q1 2026, its #4435 holding.
  • LPL Financial first reported a position in Mercantile Bank Corp in Q4 2020 and has held it in 20 quarters since.
  • LPL Financial's Mercantile Bank Corp position peaked at $824K in Q1 2021.
  • 200 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q1 2026.

Based on LPL Financial's 13F filing for Q1 2026, filed 6 May 2026.