Principal Financial Group’s Merchants Bancorp MBIN Stock Holding History

Principal Financial Group’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	$5.94M	Sell	121,301 -21,175	-15%	-$1.1M	﹤0.01%	1608
2026 Q2	$7.12M	Sell	142,476 -140	-0.1%	-$6.65K	﹤0.01%	1548
2026 Q1	$6.12M	Buy	+142,616	New	+$5.81M	﹤0.01%	1563
2024 Q3	–	Sell	-15,108	Closed	-$612K	–	2330
2024 Q2	$612K	Buy	15,108 +1,580	+12%	+$64.8K	﹤0.01%	1909
2024 Q1	$584K	Buy	+13,528	New	+$566K	﹤0.01%	1953
2022 Q3	–	Sell	-9,128	Closed	-$207K	–	2542
2022 Q2	$207K	Sell	9,128 -3,068	-25%	-$74.8K	﹤0.01%	2294
2022 Q1	$334K	Sell	12,196 -6,301	-34%	-$187K	﹤0.01%	2212
2021 Q4	$584K	Sell	18,497 -226	-1%	-$6.78K	﹤0.01%	2090
2021 Q3	$493K	Sell	18,723 -149	-0.8%	-$3.7K	﹤0.01%	2174
2021 Q2	$494K	Buy	+18,872	New	+$523K	﹤0.01%	2219

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

Banc Funds Company Chicago, Illinois $630M AUM 18.94% 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

Ballast Asset Management Dallas, Texas $230M AUM 34.36% 1-Year Est. Return

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

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

Principal Financial Group's MBIN Position: Q3 2026 in Review

Principal Financial Group reduced its Merchants Bancorp (MBIN) stake by 15% in Q3 2026, selling an estimated $1.1M and leaving 121,301 shares worth $5.94M. The position accounts for ﹤0.01% of the portfolio, ranked #1608.

Principal Financial Group first reported a position in MBIN in Q2 2021 and has held it in 10 quarters since. The position peaked at $7.12M in Q2 2026. 109 funds tracked by Wall St. Rank hold MBIN as of Q3 2026.

Principal Financial Group held 121,301 shares of Merchants Bancorp worth $5.94M as of Q3 2026.
Principal Financial Group sold 21,175 Merchants Bancorp shares in Q3 2026, an estimated $1.1M.
Merchants Bancorp made up ﹤0.01% of Principal Financial Group's portfolio in Q3 2026, its #1608 holding.
Principal Financial Group first reported a position in Merchants Bancorp in Q2 2021 and has held it in 10 quarters since.
Principal Financial Group's Merchants Bancorp position peaked at $7.12M in Q2 2026.
109 funds tracked by Wall St. Rank held Merchants Bancorp as of Q3 2026.

Based on Principal Financial Group's 13F filing for Q3 2026, filed 2 Nov 2026.