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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
California State Teachers Retirement System (CalSTRS)
76
California State Teachers Retirement System (CalSTRS)
California
$616K +$53.3K +1,624 +9%
Mackenzie Financial
77
Mackenzie Financial
Ontario, Canada
$606K +$95.3K +2,905 +18%
HF
78
HRT Financial
New York
$581K +$600K +18,288 New
Susquehanna International Group
79
Susquehanna International Group
Pennsylvania
$576K -$1.31M -39,770 -69%
QT
80
Quantbot Technologies
New York
$575K +$109K +3,314 +22%
Franklin Resources
81
Franklin Resources
California
$554K -$916K -27,915 -62%
Boston Partners
82
Boston Partners
Massachusetts
$518K +$67.5K +2,056 +14%
Stifel Financial
83
Stifel Financial
Missouri
$514K +$263 +8 +0%
SCM
84
Semanteon Capital Management
Massachusetts
$513K +$529K +16,129 New
Manulife (Manufacturers Life Insurance)
85
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$498K +$189K +5,765 +58%
MIM
86
MetLife Investment Management
New Jersey
$495K
BWM
87
BCGM Wealth Management
Indiana
$492K
PRCP
88
Pacific Ridge Capital Partners
Oregon
$484K +$500K +15,224 New
Ohio Public Employees Retirement System (OPERS)
89
Ohio Public Employees Retirement System (OPERS)
Ohio
$477K
A
90
AlphaQuest
New York
$472K +$118K +3,594 +32%
Osaic Holdings
91
Osaic Holdings
Arizona
$471K +$10.9K +331 +2%
IPW
92
Impact Partnership Wealth
Georgia
$462K
II
93
Inspire Investing
Idaho
$456K +$83.7K +2,550 +22%
Victory Capital Management
94
Victory Capital Management
Texas
$435K +$36.7K +1,118 +9%
SEI Investments
95
SEI Investments
Pennsylvania
$428K +$51.1K +1,557 +13%
Balyasny Asset Management
96
Balyasny Asset Management
Illinois
$415K +$428K +13,043 New
Mirae Asset Global ETFs Holdings
97
Mirae Asset Global ETFs Holdings
Hong Kong
$387K -$67.4K -2,055 -14%
Qube Research & Technologies (QRT)
98
Qube Research & Technologies (QRT)
United Kingdom
$375K -$202K -6,143 -34%
Commonwealth Equity Services
99
Commonwealth Equity Services
Massachusetts
$375K +$2.23K +68 +0.6%
ACM
100
Aquatic Capital Management
Illinois
$363K +$374K +11,407 New

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.