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Mercantile Bank Corp
MBWM

101 hedge funds and large institutions have $200M invested in Mercantile Bank Corp in 2020 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 33 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

30% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 10

6% more capital invested

Capital invested by funds: $189M → $200M (+$11.3M)

3% more funds holding

Funds holding: 98 → 101 (+3)

6% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 33

0.02% more ownership

Funds ownership: 54.54% → 54.56% (+0.02%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
101
Holders Change
+3
Holders Change %
+3.06%
% of All Funds
2.07%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
13
Increased
35
Reduced
33
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Northern Trust
Northern Trust
Illinois
+$1.38M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$816K
3
JA
JVL Associates
Michigan
+$620K
4
TCM
Tributary Capital Management
Nebraska
+$608K
5
MSL
Mackay Shields LLC
New York
+$500K

Top Sellers

Rank Fund Capital Flow
1
BFC
Banc Funds Company
Illinois
-$2.41M
2
Renaissance Technologies
Renaissance Technologies
New York
-$1.46M
3
Victory Capital Management
Victory Capital Management
Texas
-$1.22M
4
Goldman Sachs
Goldman Sachs
New York
-$885K
5
MCM
Matarin Capital Management
New York
-$510K
Name Holding Trade Value Shares
Change 		Change in
Stake
JA
26
JVL Associates
Michigan
$964K +$620K +28,140 +194%
JP Morgan Chase
27
JP Morgan Chase
New York
$871K -$507K -23,009 -37%
PPA
28
Parametric Portfolio Associates
Washington
$849K -$44.6K -2,027 -5%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$806K – – –
California Public Employees Retirement System
30
California Public Employees Retirement System
California
$789K -$15.4K -700 -2%
Swiss National Bank
31
Swiss National Bank
Switzerland
$789K +$145K +6,600 +23%
RhumbLine Advisers
32
RhumbLine Advisers
Massachusetts
$692K -$8.81K -400 -1%
Morgan Stanley
33
Morgan Stanley
New York
$679K -$15.5K -704 -2%
Invesco
34
Invesco
Georgia
$559K -$23.6K -1,071 -4%
California State Teachers Retirement System (CalSTRS)
35
California State Teachers Retirement System (CalSTRS)
California
$555K – – –
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$551K -$34.5K -1,568 -6%
FNBOO
37
First National Bank of Omaha
Nebraska
$519K -$2.75K -125 -0.5%
MSL
38
Mackay Shields LLC
New York
$513K +$500K +22,700 New
SO
39
STRS Ohio
Ohio
$447K +$35.2K +1,600 +9%
AllianceBernstein
40
AllianceBernstein
Tennessee
$446K +$71.3K +3,236 +20%
RHAM
41
Round Hill Asset Management
California
$430K -$12.1K -550 -3%
Two Sigma Advisers
42
Two Sigma Advisers
New York
$420K +$11K +500 +3%
WG
43
Winton Group
United Kingdom
$409K -$3.94K -179 -1%
Baird Financial Group
44
Baird Financial Group
Wisconsin
$400K – – –
Los Angeles Capital Management
45
Los Angeles Capital Management
California
$380K +$371K +16,831 New
AG
46
Aperio Group
California
$365K +$39.3K +1,784 +12%
New York State Common Retirement Fund
47
New York State Common Retirement Fund
New York
$362K – – –
American Century Companies
48
American Century Companies
Missouri
$320K +$312K +14,163 New
PAM
49
Panagora Asset Management
Massachusetts
$304K – – –
Millennium Management
50
Millennium Management
New York
$284K +$277K +12,568 New
1
2
3 4 5

MBWM Hedge Fund Activity: Q2 2020 in Review

101 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2020, worth a combined $200M — up 6% from $189M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new MBWM positions and 10 closed out — a net gain of 3 holders — while 35 added to existing stakes and 33 trimmed.

The largest buyer was Northern Trust, adding an estimated $1.38M. The largest seller was Banc Funds Company, cutting an estimated $2.41M.

  • 101 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2020, up from 98 in Q1 2020.
  • Funds reported $200M of Mercantile Bank Corp stock for Q2 2020, up 6% quarter-over-quarter.
  • 13 funds opened new Mercantile Bank Corp positions in Q2 2020 and 10 closed out, a net change of +3 holders.
  • The largest Mercantile Bank Corp buyer in Q2 2020 was Northern Trust, an estimated $1.38M added.
  • The largest Mercantile Bank Corp seller in Q2 2020 was Banc Funds Company, an estimated $2.41M sold.

Based on aggregated 13F filings for Q2 2020.