Two Sigma Advisers’s Mercantile Bank Corp MBWM Stock Holding History

Two Sigma Advisers’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
2026 Q1	–	Sell	-40,884	Closed	-$1.97M	–	1245
2025 Q4	$1.97M	Buy	40,884 +21,500	+111%	+$992K	﹤0.01%	1196
2025 Q3	$872K	Buy	19,384 +4,000	+26%	+$190K	﹤0.01%	1529
2025 Q2	$714K	Sell	15,384 -900	-6%	-$39K	﹤0.01%	1592
2025 Q1	$707K	Buy	16,284 +3,600	+28%	+$167K	﹤0.01%	1632
2024 Q4	$564K	Sell	12,684 -1,300	-9%	-$60.4K	﹤0.01%	1736
2024 Q3	$611K	Sell	13,984 -8,100	-37%	-$358K	﹤0.01%	1621
2024 Q2	$896K	Buy	22,084 +500	+2%	+$18.7K	﹤0.01%	1602
2024 Q1	$831K	Sell	21,584 -4,600	-18%	-$175K	﹤0.01%	1664
2023 Q4	$1.06M	Sell	26,184 -6,100	-19%	-$214K	﹤0.01%	1625
2023 Q3	$998K	Sell	32,284 -3,000	-9%	-$98K	﹤0.01%	1521
2023 Q2	$975K	Sell	35,284 -3,800	-10%	-$105K	﹤0.01%	1545
2023 Q1	$1.2M	Buy	39,084 +10,200	+35%	+$342K	﹤0.01%	1538
2022 Q4	$967K	Sell	28,884 -700	-2%	-$23.4K	﹤0.01%	1584
2022 Q3	$879K	Sell	29,584 -6,800	-19%	-$227K	﹤0.01%	1584
2022 Q2	$1.16M	Sell	36,384 -800	-2%	-$25.9K	﹤0.01%	1515
2022 Q1	$1.32M	Buy	37,184 +1,500	+4%	+$56.1K	﹤0.01%	1485
2021 Q4	$1.25M	Sell	35,684 -7,800	-18%	-$272K	﹤0.01%	1443
2021 Q3	$1.39M	Sell	43,484 -2,200	-5%	-$68.2K	﹤0.01%	1454
2021 Q2	$1.38M	Buy	45,684 +36,484	+397%	+$1.16M	﹤0.01%	1487
2021 Q1	$299K	Sell	9,200 -300	-3%	-$9.04K	﹤0.01%	2223
2020 Q4	$258K	Sell	9,500 -2,800	-23%	-$66.9K	﹤0.01%	2084
2020 Q3	$222K	Sell	12,300 -6,284	-34%	-$132K	﹤0.01%	2119
2020 Q2	$420K	Buy	18,584 +500	+3%	+$11K	﹤0.01%	1975
2020 Q1	$383K	Buy	18,084 +2,984	+20%	+$90.1K	﹤0.01%	1907
2019 Q4	$551K	Sell	15,100 -884	-6%	-$31.1K	﹤0.01%	1840
2019 Q3	$524K	Sell	15,984 -1,500	-9%	-$48.2K	﹤0.01%	1694
2019 Q2	$570K	Sell	17,484 -1,100	-6%	-$36.1K	﹤0.01%	1760
2019 Q1	$608K	Sell	18,584 -2,300	-11%	-$76.3K	﹤0.01%	1720
2018 Q4	$590K	Sell	20,884 -2,700	-11%	-$83.7K	﹤0.01%	1700
2018 Q3	$787K	Sell	23,584 -200	-0.8%	-$7.13K	﹤0.01%	1604
2018 Q2	$879K	Buy	23,784 +16,384	+221%	+$588K	﹤0.01%	1670
2018 Q1	$246K	Sell	7,400 -184	-2%	-$6.44K	﹤0.01%	2080
2017 Q4	$268K	Sell	7,584 -1,100	-13%	-$39.5K	﹤0.01%	1986
2017 Q3	$303K	Buy	8,684 +400	+5%	+$12.7K	﹤0.01%	1926
2017 Q2	$261K	Sell	8,284 -5,700	-41%	-$186K	﹤0.01%	2039
2017 Q1	$481K	Sell	13,984 -200	-1%	-$6.73K	﹤0.01%	1913
2016 Q4	$535K	Sell	14,184 -2,900	-17%	-$91.4K	﹤0.01%	1843
2016 Q3	$459K	Sell	17,084 -700	-4%	-$18.1K	﹤0.01%	1720
2016 Q2	$424K	Sell	17,784 -500	-3%	-$11.8K	﹤0.01%	1588
2016 Q1	$410K	Sell	18,284 -495	-3%	-$11.2K	﹤0.01%	1549
2015 Q4	$461K	Sell	18,779 -1,905	-9%	-$44.8K	﹤0.01%	1361
2015 Q3	$428K	Sell	20,684 -19,400	-48%	-$397K	﹤0.01%	1350
2015 Q2	$858K	Buy	+40,084	New	+$813K	0.01%	1190
2014 Q3	–	Sell	-11,184	Closed	-$256K	–	2536
2014 Q2	$256K	Buy	+11,184	New	+$232K	﹤0.01%	2105
2013 Q4	–	Sell	-10,184	Closed	-$221K	–	2449
2013 Q3	$221K	Buy	+10,184	New	+$204K	﹤0.01%	1862

Other funds holding MBWM

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

Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return

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

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

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

Renaissance Technologies New York $63.9B AUM 45.56% 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

Two Sigma Advisers's MBWM Position: Q1 2026 in Review

Two Sigma Advisers sold out of Mercantile Bank Corp (MBWM) in Q1 2026, closing a stake of 40,884 shares — an estimated $1.97M sold.

Two Sigma Advisers first reported a position in MBWM in Q3 2013 and held it in 45 quarters. The position peaked at $1.97M in Q4 2025. 200 funds tracked by Wall St. Rank hold MBWM as of Q1 2026.

Two Sigma Advisers reported no remaining Mercantile Bank Corp position as of Q1 2026 after selling out during the quarter.
Two Sigma Advisers sold 40,884 Mercantile Bank Corp shares in Q1 2026, an estimated $1.97M.
Two Sigma Advisers first reported a position in Mercantile Bank Corp in Q3 2013 and held it in 45 quarters.
Two Sigma Advisers's Mercantile Bank Corp position peaked at $1.97M in Q4 2025.
200 funds tracked by Wall St. Rank held Mercantile Bank Corp as of Q1 2026.

Based on Two Sigma Advisers's 13F filing for Q1 2026.