Raymond James Financial’s Merchants Bancorp MBIN Stock Holding History

Raymond James Financial’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	$1.93M	Sell	38,503 -4,900	-11%	-$233K	﹤0.01%	3512
2026 Q1	$1.86M	Sell	43,403 -40,226	-48%	-$1.64M	﹤0.01%	3416
2025 Q4	$2.85M	Sell	83,629 -7,482	-8%	-$246K	﹤0.01%	2981
2025 Q3	$2.9M	Buy	91,111 +7,200	+9%	+$236K	﹤0.01%	2890
2025 Q2	$2.77M	Buy	83,911 +27,397	+48%	+$887K	﹤0.01%	2814
2025 Q1	$2.09M	Sell	56,514 -920	-2%	-$36.3K	﹤0.01%	2953
2024 Q4	$2.09M	Buy	+57,434	New	+$2.32M	﹤0.01%	2935

Other funds holding MBIN

EFP

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

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Dimensional Fund Advisors Austin, Texas $552B AUM 44.19% 1-Year Est. Return

State Street Boston, Massachusetts $3.38T AUM 44.17% 1-Year Est. Return

NAMI

Nomura Asset Management International Philadelphia, Pennsylvania $66.6B AUM

Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM

American Century Companies Kansas City, Missouri $226B AUM 44.75% 1-Year Est. Return

DPCM

Doma Perpetual Capital Management Miami, Florida $431M AUM 13.21% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Royce & Associates New York $12.4B AUM 64.17% 1-Year Est. Return

Raymond James Financial's MBIN Position: Q2 2026 in Review

Raymond James Financial reduced its Merchants Bancorp (MBIN) stake by 11% in Q2 2026, selling an estimated $233K and leaving 38,503 shares worth $1.93M. The position accounts for ﹤0.01% of the portfolio, ranked #3512.

Raymond James Financial first reported a position in MBIN in Q4 2024 and has held it in 7 quarters since. The position peaked at $2.9M in Q3 2025. 188 funds tracked by Wall St. Rank hold MBIN as of Q2 2026.

Raymond James Financial held 38,503 shares of Merchants Bancorp worth $1.93M as of Q2 2026.
Raymond James Financial sold 4,900 Merchants Bancorp shares in Q2 2026, an estimated $233K.
Merchants Bancorp made up ﹤0.01% of Raymond James Financial's portfolio in Q2 2026, its #3512 holding.
Raymond James Financial first reported a position in Merchants Bancorp in Q4 2024 and has held it in 7 quarters since.
Raymond James Financial's Merchants Bancorp position peaked at $2.9M in Q3 2025.
188 funds tracked by Wall St. Rank held Merchants Bancorp as of Q2 2026.

Based on Raymond James Financial's 13F filing for Q2 2026, filed 14 Aug 2026.