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Mercantile Bank Corp

62 hedge funds and large institutions have $145M invested in Mercantile Bank Corp in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 24 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 21

3% less funds holding

Funds holding: 6462 (-2)

7% less capital invested

Capital invested by funds: $156M → $145M (-$11.2M)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
62
Holders Change
-2
Holders Change %
-3.13%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
3
Increased
24
Reduced
21
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
California State Teachers Retirement System (CalSTRS)
26
California State Teachers Retirement System (CalSTRS)
California
$598K -$9.7K -500 -2%
Charles Schwab
27
Charles Schwab
California
$495K
TA
28
Teachers Advisors
New York
$461K +$66.4K +3,426 +17%
DAS
29
Dynamic Advisor Solutions
Arizona
$444K +$440K +22,700 New
RhumbLine Advisers
30
RhumbLine Advisers
Massachusetts
$431K +$25.2K +1,300 +6%
PNC
31
Park National Corp
Ohio
$424K -$97K -5,000 -19%
Morgan Stanley
32
Morgan Stanley
New York
$378K -$42.3K -2,180 -10%
CCMH
33
Cornerstone Capital Management Holdings
New York
$342K -$157K -8,100 -32%
First Trust Advisors
34
First Trust Advisors
Illinois
$305K -$72.3K -3,729 -19%
LCM
35
LVM Capital Management
Michigan
$283K
PAM
36
Panagora Asset Management
Massachusetts
$280K
NFA
37
Nationwide Fund Advisors
Ohio
$268K -$2.29K -118 -0.9%
MLICM
38
Metropolitan Life Insurance Company (MetLife)
New York
$266K
PMFA
39
Plante Moran Financial Advisors
Michigan
$262K
RFC
40
Russell Frank Company
Washington
$261K +$16.1K +830 +7%
BA
41
BlackRock Advisors
Delaware
$211K +$32.3K +1,665 +18%
AIG
42
American International Group
New York
$207K
Deutsche Bank
43
Deutsche Bank
Germany
$204K +$123K +6,364 +152%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$196K -$38.8K -2,000 -17%
Invesco
45
Invesco
Georgia
$175K +$5.74K +296 +3%
SO
46
STRS Ohio
Ohio
$160K -$126K -6,513 -44%
Bank of America
47
Bank of America
North Carolina
$128K +$1.2K +62 +1%
Axa
48
Axa
France
$102K +$42.7K +2,200 +73%
Wells Fargo
49
Wells Fargo
California
$82K +$5.99K +309 +8%
BGIM
50
Brandywine Global Investment Management
Pennsylvania
$72K

MBWM Hedge Fund Activity: Q1 2015 in Review

62 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2015, worth a combined $145M — down 7.2% from $156M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of MBWM and 3 opened new positions — a net loss of 2 holders — while 21 trimmed existing stakes and 24 added.

The largest buyer was Kennedy Capital Management, opening a new position worth an estimated $966K. The largest seller was Wellington Management Group, cutting an estimated $3.1M.

  • 62 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2015, down from 64 in Q4 2014.
  • Funds reported $145M of Mercantile Bank Corp stock for Q1 2015, down 7.2% quarter-over-quarter.
  • 3 funds opened new Mercantile Bank Corp positions in Q1 2015 and 5 closed out, a net change of -2 holders.
  • The largest Mercantile Bank Corp buyer in Q1 2015 was Kennedy Capital Management, an estimated $966K added.
  • The largest Mercantile Bank Corp seller in Q1 2015 was Wellington Management Group, an estimated $3.1M sold.

Based on aggregated 13F filings for Q1 2015.