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Merchants Bancorp

158 hedge funds and large institutions have $501M invested in Merchants Bancorp in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 70 increasing their positions, 39 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

79% more repeat investments, than reductions

Existing positions increased: 70 | Existing positions reduced: 39

73% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 11

5% more funds holding

Funds holding: 150158 (+8)

1.07% more ownership

Funds ownership: 33.27%34.34% (+1.1%)

1% less capital invested

Capital invested by funds: $505M → $501M (-$3.75M)

77% less call options, than puts

Call options by funds: $397K | Put options by funds: $1.75M

Holders
158
Holders Change
+8
Holders Change %
+5.33%
% of All Funds
2.07%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
19
Increased
70
Reduced
39
Closed
11
Calls
$397K
Puts
$1.75M
Net Calls
-$1.35M
Net Calls Change
-$92K
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$1.27M +$19.7K +600 +2%
LPL Financial
52
LPL Financial
California
$1.27M -$8.89K -271 -0.7%
Fidelity Investments
53
Fidelity Investments
Massachusetts
$1.22M +$161K +4,915 +15%
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$1.2M -$26.4K -805 -2%
JF
55
Jump Financial
Illinois
$1.19M +$90.5K +2,758 +8%
Two Sigma Advisers
56
Two Sigma Advisers
New York
$1.18M +$1.22M +37,200 New
Barclays
57
Barclays
United Kingdom
$1.16M -$365K -11,118 -23%
EC
58
EJF Capital
Virginia
$1.15M +$1.19M +36,297 New
FAM
59
Formidable Asset Management
Ohio
$1.14M
TPWM
60
Twelve Points Wealth Management
Massachusetts
$1.12M -$132K -4,029 -10%
AQR Capital Management
61
AQR Capital Management
Connecticut
$1.09M -$965K -29,400 -46%
PNC Financial Services Group
62
PNC Financial Services Group
Pennsylvania
$1.01M +$293K +8,916 +39%
AG
63
Algert Global
California
$932K +$474K +14,440 +97%
XT
64
XTX Topco
Cayman Islands
$924K +$45.3K +1,379 +5%
YIH
65
Y-Intercept (HK)
Hong Kong
$879K +$907K +27,630 New
AllianceBernstein
66
AllianceBernstein
Tennessee
$875K
Squarepoint
67
Squarepoint
New York
$859K +$887K +27,012 New
First Trust Advisors
68
First Trust Advisors
Illinois
$803K -$132K -4,022 -14%
UBS AM
69
UBS AM
Illinois
$791K -$1.85M -56,409 -69%
JIR
70
James Investment Research
Ohio
$756K
QCM
71
Quantinno Capital Management
New York
$738K +$537K +16,364 +239%
Wells Fargo
72
Wells Fargo
California
$727K +$106K +3,241 +17%
Legal & General Group
73
Legal & General Group
United Kingdom
$721K +$32.8K +999 +5%
T. Rowe Price Associates
74
T. Rowe Price Associates
Maryland
$700K +$21.7K +661 +3%
SO
75
STRS Ohio
Ohio
$658K +$55.8K +1,700 +9%

MBIN Hedge Fund Activity: Q3 2025 in Review

158 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q3 2025, worth a combined $501M — down 0.74% from $505M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new MBIN positions and 11 closed out — a net gain of 8 holders — while 70 added to existing stakes and 39 trimmed.

The largest buyer was Millennium Management, adding an estimated $6.9M. The largest seller was Invesco, cutting an estimated $12.8M.

  • 158 institutional investors held Merchants Bancorp (MBIN) as of Q3 2025, up from 150 in Q2 2025.
  • Funds reported $501M of Merchants Bancorp stock for Q3 2025, down 0.74% quarter-over-quarter.
  • 19 funds opened new Merchants Bancorp positions in Q3 2025 and 11 closed out, a net change of +8 holders.
  • The largest Merchants Bancorp buyer in Q3 2025 was Millennium Management, an estimated $6.9M added.
  • The largest Merchants Bancorp seller in Q3 2025 was Invesco, an estimated $12.8M sold.

Based on aggregated 13F filings for Q3 2025.