Round Hill Asset Management’s Mercantile Bank Corp MBWM Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$864K	Hold	18,607	–	–	0.58%	40
2025 Q1	$808K	Sell	18,607 -800	-4%	-$34.8K	0.58%	40
2024 Q4	$863K	Hold	19,407	–	–	0.61%	38
2024 Q3	$848K	Hold	19,407	–	–	0.56%	38
2024 Q2	$787K	Sell	19,407 -800	-4%	-$32.5K	0.5%	41
2024 Q1	$778K	Hold	20,207	–	–	0.47%	42
2023 Q4	$816K	Hold	20,207	–	–	0.51%	39
2023 Q3	$625K	Hold	20,207	–	–	0.41%	44
2023 Q2	$558K	Hold	20,207	–	–	0.34%	47
2023 Q1	$618K	Hold	20,207	–	–	0.39%	45
2022 Q4	$677K	Hold	20,207	–	–	0.42%	42
2022 Q3	$600K	Hold	20,207	–	–	0.41%	42
2022 Q2	$646K	Hold	20,207	–	–	0.4%	42
2022 Q1	$716K	Hold	20,207	–	–	0.38%	45
2021 Q4	$708K	Hold	20,207	–	–	0.36%	43
2021 Q3	$647K	Hold	20,207	–	–	0.32%	45
2021 Q2	$610K	Hold	20,207	–	–	0.3%	49
2021 Q1	$656K	Hold	20,207	–	–	0.35%	45
2020 Q4	$549K	Buy	20,207 +1,202	+6%	+$32.7K	0.31%	47
2020 Q3	$342K	Hold	19,005	–	–	0.21%	52
2020 Q2	$430K	Sell	19,005 -550	-3%	-$12.4K	0.27%	45
2020 Q1	$414K	Hold	19,555	–	–	0.29%	45
2019 Q4	$713K	Sell	19,555 -225	-1%	-$8.2K	0.39%	38
2019 Q3	$649K	Hold	19,780	–	–	0.38%	41
2019 Q2	$644K	Hold	19,780	–	–	0.37%	42
2019 Q1	$647K	Hold	19,780	–	–	0.39%	40
2018 Q4	$559K	Hold	19,780	–	–	0.37%	44
2018 Q3	$660K	Hold	19,780	–	–	0.39%	43
2018 Q2	$731K	Sell	19,780 -1,200	-6%	-$44.3K	0.45%	38
2018 Q1	$698K	Sell	20,980 -650	-3%	-$21.6K	0.42%	41
2017 Q4	$765K	Sell	21,630 -1,000	-4%	-$35.4K	0.43%	40
2017 Q3	$790K	Hold	22,630	–	–	0.45%	40
2017 Q2	$712K	Hold	22,630	–	–	0.41%	40
2017 Q1	$778K	Sell	22,630 -4,800	-17%	-$165K	0.44%	40
2016 Q4	$1.03M	Buy	+27,430	New	+$1.03M	0.61%	34