Mercantile Bank Corp
MBWM
105 hedge funds and large institutions have $295M invested in Mercantile Bank Corp in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 34 increasing their positions, 34 reducing their positions, and 10 closing their positions.
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
9% more funds holding
Funds holding: 96 → 105 (+9)
0.2% more ownership
Funds ownership: 53.2% → 53.39% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 34
5% less capital invested
Capital invested by funds: $310M → $295M (-$15.6M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1.29M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.64M |
| 2 |
Millennium Management
New York
|
+$1.3M |
| 3 |
AG
Algert Global
San Francisco,
California
|
+$822K |
| 4 |
MSL
Mackay Shields LLC
New York
|
+$810K |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$793K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
-$5M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$1.45M |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.32M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$837K |
| 5 |
BlackRock
New York
|
-$457K |
MBWM Hedge Fund Activity: Q1 2018 in Review
105 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2018, worth a combined $295M — down 5% from $310M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new MBWM positions and 10 closed out — a net gain of 10 holders — while 34 added to existing stakes and 34 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $1.64M. The largest seller was Kennedy Capital Management, exiting entirely with an estimated $5M sold.
- 105 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2018, up from 96 in Q4 2017.
- Funds reported $295M of Mercantile Bank Corp stock for Q1 2018, down 5% quarter-over-quarter.
- 20 funds opened new Mercantile Bank Corp positions in Q1 2018 and 10 closed out, a net change of +10 holders.
- The largest Mercantile Bank Corp buyer in Q1 2018 was Dimensional Fund Advisors, an estimated $1.64M added.
- The largest Mercantile Bank Corp seller in Q1 2018 was Kennedy Capital Management, an estimated $5M sold.
Based on aggregated 13F filings for Q1 2018.