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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
AIP
126
Ameritas Investment Partners
Nebraska
$68.9K -$15.8K -482 -18%
SOADOR
127
State of Alaska Department of Revenue
Alaska
$57K +$59.1K +1,802 New
SCM
128
Sterling Capital Management
North Carolina
$56.9K +$35.8K +1,090 +156%
Carson Wealth (CWM LLC)
129
Carson Wealth (CWM LLC)
Nebraska
$48K -$49.2K -1,500 -50%
VCM
130
Versant Capital Management
Arizona
$20K +$18.2K +554 +739%
AB
131
Amalgamated Bank
New York
$20K
AAP
132
Arax Advisory Partners
Colorado
$18.3K +$15.2K +463 +417%
Rockefeller Capital Management
133
Rockefeller Capital Management
New York
$14.3K +$14.8K +450 New
Simplex Trading
134
Simplex Trading
Illinois
$13K +$12.4K +378 +969%
EWA
135
EverSource Wealth Advisors
Alabama
$12.2K +$919 +28 +8%
CAL
136
Capital Advisors Ltd
Ohio
$10K
C
137
Covestor
United Kingdom
$10K +$7.55K +230 +284%
Nisa Investment Advisors
138
Nisa Investment Advisors
Missouri
$7.59K
GI
139
GAMMA Investing
California
$6.74K +$2.2K +67 +46%
CIAM
140
Caitong International Asset Management
Hong Kong
$6.68K +$4.69K +143 +213%
Optiver Holding
141
Optiver Holding
Netherlands
$5.6K +$5.78K +176 New
QCG
142
Quadrant Capital Group
Ohio
$5.44K +$5.61K +171 New
US Bancorp
143
US Bancorp
Minnesota
$4.8K -$45.8K -1,395 -90%
SPIA
144
Steward Partners Investment Advisory
New York
$3.66K
Comerica Bank
145
Comerica Bank
Texas
$3.62K +$427 +13 +13%
National Bank of Canada
146
National Bank of Canada
Quebec, Canada
$3.4K +$2.27K +69 +182%
Northwestern Mutual Wealth Management
147
Northwestern Mutual Wealth Management
Wisconsin
$3.24K
IA
148
IFP Advisors
Florida
$2.54K -$131 -4 -5%
TWD
149
True Wealth Design
Ohio
$2.04K -$361 -11 -15%
EP
150
Essential Partners
California
$2.04K -$820 -25 -28%

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.