THB Asset Management’s Mercantile Bank Corp MBWM Stock Holding History

THB Asset Management’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
2019 Q3	–	Sell	-80,691	Closed	-$2.63M	–	172
2019 Q2	$2.63M	Sell	80,691 -3,539	-4%	-$116K	0.42%	81
2019 Q1	$2.76M	Sell	84,230 -927	-1%	-$30.7K	0.4%	89
2018 Q4	$2.41M	Sell	85,157 -10,151	-11%	-$315K	0.36%	93
2018 Q3	$3.18M	Buy	95,308 +885	+0.9%	+$31.6K	0.39%	93
2018 Q2	$3.49M	Sell	94,423 -7,700	-8%	-$276K	0.43%	91
2018 Q1	$3.4M	Buy	102,123 +12,504	+14%	+$438K	0.44%	89
2017 Q4	$3.17M	Buy	89,619 +2,704	+3%	+$97.2K	0.42%	91
2017 Q3	$3.03M	Sell	86,915 -11,512	-12%	-$365K	0.42%	93
2017 Q2	$3.1M	Sell	98,427 -8,323	-8%	-$272K	0.4%	91
2017 Q1	$3.67M	Hold	106,750	–	–	0.46%	84
2016 Q4	$4.02M	Sell	106,750 -250	-0.2%	-$7.88K	0.5%	84
2016 Q3	$2.87M	Sell	107,000 -45,900	-30%	-$1.19M	0.42%	87
2016 Q2	$3.65M	Hold	152,900	–	–	0.47%	83
2016 Q1	$3.43M	Sell	152,900 -2,800	-2%	-$63.2K	0.39%	90
2015 Q4	$3.82M	Buy	+155,700	New	+$3.66M	0.41%	91

Other funds holding MBWM

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

BFC

Banc Funds Company Chicago, Illinois $605M AUM 26% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

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

TCM

Tributary Capital Management Omaha, Nebraska $1.22B AUM 44.12% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

NSAM

North Star Asset Management Neenah, Wisconsin $2.54B AUM 17.62% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

LSV Asset Management Chicago, Illinois $55.1B AUM 45.38% 1-Year Est. Return

THB Asset Management's MBWM Position: Q3 2019 in Review

THB Asset Management sold out of Mercantile Bank Corp (MBWM) in Q3 2019, closing a stake of 80,691 shares — an estimated $2.63M sold.

THB Asset Management first reported a position in MBWM in Q4 2015 and held it in 15 quarters. The position peaked at $4.02M in Q4 2016. 109 funds tracked by Wall St. Rank hold MBWM as of Q3 2019.

THB Asset Management reported no remaining Mercantile Bank Corp position as of Q3 2019 after selling out during the quarter.
THB Asset Management sold 80,691 Mercantile Bank Corp shares in Q3 2019, an estimated $2.63M.
THB Asset Management first reported a position in Mercantile Bank Corp in Q4 2015 and held it in 15 quarters.
THB Asset Management's Mercantile Bank Corp position peaked at $4.02M in Q4 2016.
109 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q3 2019.

Based on THB Asset Management's 13F filing for Q3 2019, filed 8 Nov 2019.