We are live on ! Find out more
MBWM icon

Mercantile Bank Corp
MBWM

58 hedge funds and large institutions have $90.9M invested in Mercantile Bank Corp in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 22 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 4

4% more funds holding

Funds holding: 56 → 58 (+2)

1% more capital invested

Capital invested by funds: $89.9M → $90.9M (+$960K)

5% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 22

Holders
58
Holders Change
+2
Holders Change %
+3.57%
% of All Funds
1.68%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
21
Reduced
22
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
+$1.27M
2
MCM
Maltese Capital Management
New York
+$1.09M
3
Renaissance Technologies
Renaissance Technologies
New York
+$567K
4
Bank of New York Mellon
Bank of New York Mellon
New York
+$370K
5
Morgan Stanley
Morgan Stanley
New York
+$314K

Top Sellers

Rank Fund Capital Flow
1
BFC
Banc Funds Company
Illinois
-$1.13M
2
FG
FSI Group
Ohio
-$369K
3
Two Sigma Advisers
Two Sigma Advisers
New York
-$221K
4
BFA
BlackRock Fund Advisors
California
-$202K
5
Invesco
Invesco
Georgia
-$139K
Name Holding Trade Value Shares
Change 		Change in
Stake
Deutsche Bank
26
Deutsche Bank
Germany
$413K -$115K -5,361 -22%
FCM
27
FJ Capital Management
Virginia
$401K +$399K +18,600 New
RFC
28
Russell Frank Company
Washington
$394K -$112K -5,216 -21%
Bank of Montreal
29
Bank of Montreal
Ontario, Canada
$365K +$13.6K +635 +4%
California State Teachers Retirement System (CalSTRS)
30
California State Teachers Retirement System (CalSTRS)
California
$341K +$4.29K +200 +1%
CCMH
31
Cornerstone Capital Management Holdings
New York
$308K +$47.2K +2,200 +18%
Two Sigma Investments
32
Two Sigma Investments
New York
$299K -$40.8K -1,900 -12%
MC
33
Menta Capital
California
$285K +$6.44K +300 +2%
Charles Schwab
34
Charles Schwab
California
$255K – – –
HIM
35
Hillsdale Investment Management
Ontario, Canada
$250K – – –
RhumbLine Advisers
36
RhumbLine Advisers
Massachusetts
$243K -$16.1K -750 -6%
TA
37
Teachers Advisors
New York
$230K – – –
GMIM
38
General Motors Investment Management
New York
$217K +$216K +10,061 New
NFA
39
Nationwide Fund Advisors
Ohio
$175K +$7.1K +331 +4%
Invesco
40
Invesco
Georgia
$170K -$139K -6,475 -45%
MLICM
41
Metropolitan Life Insurance Company (MetLife)
New York
$165K – – –
BA
42
BlackRock Advisors
Delaware
$127K +$6.48K +302 +5%
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$126K -$42.9K -2,000 -26%
AIG
44
American International Group
New York
$125K -$1.24K -58 -1%
Allianz Asset Management
45
Allianz Asset Management
Germany
$122K – – –
Wells Fargo
46
Wells Fargo
California
$122K +$2.77K +129 +2%
PL
47
Parkwood LLC
Ohio
$103K +$102K +4,753 New
Citigroup
48
Citigroup
New York
$78K +$40K +1,863 +106%
Barclays
49
Barclays
United Kingdom
$28K +$13.5K +630 +89%
Fifth Third Bancorp
50
Fifth Third Bancorp
Ohio
$16K – – –
1
2
3

MBWM Hedge Fund Activity: Q4 2013 in Review

58 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2013, worth a combined $90.9M — up 1.1% from $89.9M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new MBWM positions and 4 closed out — a net gain of 2 holders — while 21 added to existing stakes and 22 trimmed.

The largest buyer was Wellington Management Group, adding an estimated $1.27M. The largest seller was Banc Funds Company, cutting an estimated $1.13M.

  • 58 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2013, up from 56 in Q3 2013.
  • Funds reported $90.9M of Mercantile Bank Corp stock for Q4 2013, up 1.1% quarter-over-quarter.
  • 6 funds opened new Mercantile Bank Corp positions in Q4 2013 and 4 closed out, a net change of +2 holders.
  • The largest Mercantile Bank Corp buyer in Q4 2013 was Wellington Management Group, an estimated $1.27M added.
  • The largest Mercantile Bank Corp seller in Q4 2013 was Banc Funds Company, an estimated $1.13M sold.

Based on aggregated 13F filings for Q4 2013.