Merchants Bancorp
MBIN
150 hedge funds and large institutions have $505M invested in Merchants Bancorp in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 73 increasing their positions, 37 reducing their positions, and 30 closing their positions.
97% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 37
0.78% more ownership
Funds ownership: 32.49% → 33.27% (+0.78%)
6% less funds holding
Funds holding: 160 → 150 (-10)
8% less capital invested
Capital invested by funds: $551M → $505M (-$46.1M)
30% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 30
85% less call options, than puts
Call options by funds: $221K | Put options by funds: $1.48M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$10.5M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
+$4.81M |
| 3 |
Millennium Management
New York
|
+$4.36M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.95M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Basswood Capital Management
New York
|
-$9.82M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$9.03M |
| 3 |
SEI Investments
Oaks,
Pennsylvania
|
-$6.47M |
| 4 |
Goldman Sachs
New York
|
-$5.22M |
| 5 |
FCM
FJ Capital Management
Mclean,
Virginia
|
-$2.51M |
MBIN Hedge Fund Activity: Q2 2025 in Review
150 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Merchants Bancorp (MBIN) for Q2 2025, worth a combined $505M — down 8.4% from $551M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of MBIN and 21 opened new positions — a net loss of 9 holders — while 37 trimmed existing stakes and 73 added.
The largest buyer was BlackRock, adding an estimated $10.5M. The largest seller was Basswood Capital Management, cutting an estimated $9.82M.
- 150 institutional investors held Merchants Bancorp (MBIN) as of Q2 2025, down from 160 in Q1 2025.
- Funds reported $505M of Merchants Bancorp stock for Q2 2025, down 8.4% quarter-over-quarter.
- 21 funds opened new Merchants Bancorp positions in Q2 2025 and 30 closed out, a net change of -9 holders.
- The largest Merchants Bancorp buyer in Q2 2025 was BlackRock, an estimated $10.5M added.
- The largest Merchants Bancorp seller in Q2 2025 was Basswood Capital Management, an estimated $9.82M sold.
Based on aggregated 13F filings for Q2 2025.