Principal Financial Group’s Mercantile Bank Corp MBWM Stock Holding History

Principal Financial Group’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
2025 Q2	–	Sell	-9,675	Closed	-$420K	–	2283
2025 Q1	$420K	Buy	9,675 +340	+4%	+$15.8K	﹤0.01%	1952
2024 Q4	$415K	Buy	9,335 +724	+8%	+$33.6K	﹤0.01%	1989
2024 Q3	$376K	Buy	8,611 +304	+4%	+$13.4K	﹤0.01%	1999
2024 Q2	$337K	Buy	8,307 +620	+8%	+$23.2K	﹤0.01%	2039
2024 Q1	$296K	Buy	+7,687	New	+$293K	﹤0.01%	2090
2022 Q3	–	Sell	-9,270	Closed	-$297K	–	2543
2022 Q2	$297K	Buy	+9,270	New	+$300K	﹤0.01%	2185

Other funds holding MBWM

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

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

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

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

American Century Companies Kansas City, Missouri $194B AUM 35% 1-Year Est. Return

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

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 Chicago, Illinois $46.4B AUM 27.74% 1-Year Est. Return

TCM

Tributary Capital Management Omaha, Nebraska $1.03B AUM 19.64% 1-Year Est. Return

Principal Financial Group's MBWM Position: Q2 2025 in Review

Principal Financial Group sold out of Mercantile Bank Corp (MBWM) in Q2 2025, closing a stake of 9,675 shares — an estimated $420K sold.

Principal Financial Group first reported a position in MBWM in Q2 2022 and held it in 6 quarters. The position peaked at $420K in Q1 2025. 196 funds tracked by Wall St. Rank hold MBWM as of Q2 2025.

Principal Financial Group reported no remaining Mercantile Bank Corp position as of Q2 2025 after selling out during the quarter.
Principal Financial Group sold 9,675 Mercantile Bank Corp shares in Q2 2025, an estimated $420K.
Principal Financial Group first reported a position in Mercantile Bank Corp in Q2 2022 and held it in 6 quarters.
Principal Financial Group's Mercantile Bank Corp position peaked at $420K in Q1 2025.
196 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q2 2025.

Based on Principal Financial Group's 13F filing for Q2 2025, filed 8 Aug 2025.