We are live on ! Find out more
MBWM icon

Mercantile Bank Corp
MBWM

96 hedge funds and large institutions have $310M invested in Mercantile Bank Corp in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 36 increasing their positions, 31 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

16% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 31

5% more funds holding

Funds holding: 91 → 96 (+5)

1.05% more ownership

Funds ownership: 52.14% → 53.2% (+1.1%)

3% more capital invested

Capital invested by funds: $300M → $310M (+$10.4M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
96
Holders Change
+5
Holders Change %
+5.49%
% of All Funds
2.18%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.02%
New
9
Increased
36
Reduced
31
Closed
4
Calls
$354K
Puts
–
Net Calls
+$354K
Net Calls Change
+$354K

Top Buyers

Rank Fund Capital Flow
1
Millennium Management
Millennium Management
New York
+$3.31M
2
Wellington Management Group
Wellington Management Group
Massachusetts
+$1.43M
3
BlackRock
BlackRock
New York
+$1.26M
4
First Trust Advisors
First Trust Advisors
Illinois
+$991K
5
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$947K

Top Sellers

Rank Fund Capital Flow
1
BCM
Bridgeway Capital Management
Texas
-$1.61M
2
Vanguard Group
Vanguard Group
Pennsylvania
-$1.05M
3
CCMH
Cornerstone Capital Management Holdings
New York
-$672K
4
NSAM
North Star Asset Management
Wisconsin
-$626K
5
PAM
Panagora Asset Management
Massachusetts
-$591K
Name Holding Trade Value Shares
Change 		Change in
Stake
Victory Capital Management
26
Victory Capital Management
Texas
$1.84M +$201K +5,600 +12%
SCP
27
Seizert Capital Partners
Michigan
$1.78M -$75.7K -2,105 -4%
State of New Jersey Common Pension Fund D
28
State of New Jersey Common Pension Fund D
New Jersey
$1.67M – – –
Deutsche Bank
29
Deutsche Bank
Germany
$1.56M +$740K +20,588 +87%
Bank of America
30
Bank of America
North Carolina
$1.54M +$108K +3,012 +7%
IA
31
IndexIQ Advisors
New York
$1.45M +$566K +15,761 +63%
TCIM
32
TIAA CREF Investment Management
New York
$1.42M -$117K -3,264 -8%
JP Morgan Chase
33
JP Morgan Chase
New York
$1.26M +$131K +3,657 +11%
HNB
34
Huntington National Bank
Ohio
$1.25M – – –
CCMH
35
Cornerstone Capital Management Holdings
New York
$1.12M -$672K -18,700 -37%
WCM
36
Wedge Capital Management
North Carolina
$1.07M – – –
MC
37
Menta Capital
California
$1.04M -$308K -8,561 -23%
TA
38
Teachers Advisors
New York
$1.01M – – –
FNBOO
39
First National Bank of Omaha
Nebraska
$946K +$144K +4,015 +18%
Swiss National Bank
40
Swiss National Bank
Switzerland
$944K – – –
California State Teachers Retirement System (CalSTRS)
41
California State Teachers Retirement System (CalSTRS)
California
$899K -$12.6K -351 -1%
Invesco
42
Invesco
Georgia
$797K +$3.74K +104 +0.5%
SO
43
STRS Ohio
Ohio
$767K -$10.8K -300 -1%
RHAM
44
Round Hill Asset Management
California
$765K -$35.9K -1,000 -4%
Goldman Sachs
45
Goldman Sachs
New York
$735K +$93.9K +2,613 +14%
Russell Investments Group
46
Russell Investments Group
United Kingdom
$645K -$168K -4,670 -21%
CS
47
Credit Suisse
Switzerland
$638K -$262K -7,277 -29%
AllianceBernstein
48
AllianceBernstein
Tennessee
$637K -$28.8K -800 -4%
New York State Common Retirement Fund
49
New York State Common Retirement Fund
New York
$626K – – –
RhumbLine Advisers
50
RhumbLine Advisers
Massachusetts
$580K -$109K -3,033 -16%
1
2
3 4

MBWM Hedge Fund Activity: Q4 2017 in Review

96 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2017, worth a combined $310M — up 3.5% from $300M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new MBWM positions and 4 closed out — a net gain of 5 holders — while 36 added to existing stakes and 31 trimmed.

The largest buyer was Millennium Management, opening a new position worth an estimated $3.31M. The largest seller was Bridgeway Capital Management, exiting entirely with an estimated $1.61M sold.

  • 96 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2017, up from 91 in Q3 2017.
  • Funds reported $310M of Mercantile Bank Corp stock for Q4 2017, up 3.5% quarter-over-quarter.
  • 9 funds opened new Mercantile Bank Corp positions in Q4 2017 and 4 closed out, a net change of +5 holders.
  • The largest Mercantile Bank Corp buyer in Q4 2017 was Millennium Management, an estimated $3.31M added.
  • The largest Mercantile Bank Corp seller in Q4 2017 was Bridgeway Capital Management, an estimated $1.61M sold.

Based on aggregated 13F filings for Q4 2017.