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Mercantile Bank Corp
MBWM

112 hedge funds and large institutions have $260M invested in Mercantile Bank Corp in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% less ownership

Funds ownership: 54.6% → 53.23% (-1.4%)

3% less funds holding

Funds holding: 116 → 112 (-4)

10% less capital invested

Capital invested by funds: $288M → $260M (-$28.5M)

14% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 42

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $33K

Holders
112
Holders Change
-4
Holders Change %
-3.45%
% of All Funds
1.95%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
36
Reduced
42
Closed
11
Calls
–
Puts
$33K
Net Calls
-$33K
Net Calls Change
+$963K

Top Buyers

Rank Fund Capital Flow
1
BCM
Bridgeway Capital Management
Texas
+$1.37M
2
Two Sigma Advisers
Two Sigma Advisers
New York
+$1.16M
3
Two Sigma Investments
Two Sigma Investments
New York
+$1.13M
4
Charles Schwab
Charles Schwab
California
+$849K
5
RIA
Regal Investment Advisors
Michigan
+$594K

Top Sellers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
-$3.39M
2
Bank of America
Bank of America
North Carolina
-$3.04M
3
BlackRock
BlackRock
New York
-$2.95M
4
Wells Fargo
Wells Fargo
California
-$1.14M
5
JAM
Jacobs Asset Management
New York
-$1.13M
Name Holding Trade Value Shares
Change 		Change in
Stake
Victory Capital Management
26
Victory Capital Management
Texas
$1.36M -$74.7K -2,344 -5%
AQR Capital Management
27
AQR Capital Management
Connecticut
$1.32M +$522K +16,382 +60%
BCM
28
Bridgeway Capital Management
Texas
$1.3M +$1.37M +43,000 New
JA
29
JVL Associates
Michigan
$1.29M – – –
Citadel Advisors
30
Citadel Advisors
Florida
$1.27M -$143K -4,480 -10%
American Century Companies
31
American Century Companies
Missouri
$1.11M +$280K +8,773 +31%
OAM
32
Oberweis Asset Management
Illinois
$1.09M -$12.7K -398 -1%
Morgan Stanley
33
Morgan Stanley
New York
$1.08M +$322K +10,092 +39%
Two Sigma Investments
34
Two Sigma Investments
New York
$1.07M +$1.13M +35,566 New
Wells Fargo
35
Wells Fargo
California
$1.03M -$1.14M -35,831 -51%
Swiss National Bank
36
Swiss National Bank
Switzerland
$1.03M -$22.3K -700 -2%
Goldman Sachs
37
Goldman Sachs
New York
$946K +$208K +6,514 +26%
Arrowstreet Capital
38
Arrowstreet Capital
Massachusetts
$900K -$164K -5,152 -15%
Envestnet Asset Management
39
Envestnet Asset Management
Illinois
$877K +$20.7K +648 +2%
FNBOO
40
First National Bank of Omaha
Nebraska
$849K – – –
SWM
41
Shakespeare Wealth Management
Wisconsin
$843K – – –
Ameriprise
42
Ameriprise
Minnesota
$762K +$2.93K +92 +0.4%
HF
43
HRT Financial
New York
$753K +$175K +5,486 +28%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$712K -$96.2K -3,019 -11%
Invesco
45
Invesco
Georgia
$710K +$71.9K +2,257 +11%
JP Morgan Chase
46
JP Morgan Chase
New York
$694K -$801K -25,127 -52%
Millennium Management
47
Millennium Management
New York
$675K +$453K +14,218 +175%
California State Teachers Retirement System (CalSTRS)
48
California State Teachers Retirement System (CalSTRS)
California
$662K -$60.3K -1,891 -8%
SO
49
STRS Ohio
Ohio
$661K +$66.9K +2,100 +11%
RHAM
50
Round Hill Asset Management
California
$610K – – –
1
2
3 4 5

MBWM Hedge Fund Activity: Q2 2021 in Review

112 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2021, worth a combined $260M — down 9.9% from $288M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of MBWM and 7 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 36 added.

The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $1.37M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.39M sold.

  • 112 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2021, down from 116 in Q1 2021.
  • Funds reported $260M of Mercantile Bank Corp stock for Q2 2021, down 9.9% quarter-over-quarter.
  • 7 funds opened new Mercantile Bank Corp positions in Q2 2021 and 11 closed out, a net change of -4 holders.
  • The largest Mercantile Bank Corp buyer in Q2 2021 was Bridgeway Capital Management, an estimated $1.37M added.
  • The largest Mercantile Bank Corp seller in Q2 2021 was Wellington Management Group, an estimated $3.39M sold.

Based on aggregated 13F filings for Q2 2021.