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Mercantile Bank Corp
MBWM

115 hedge funds and large institutions have $269M invested in Mercantile Bank Corp in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 41 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

3% more funds holding

Funds holding: 112 → 115 (+3)

4% more capital invested

Capital invested by funds: $260M → $269M (+$9.23M)

0.38% less ownership

Funds ownership: 53.23% → 52.84% (-0.38%)

7% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 41

100% less call options, than puts

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

Holders
115
Holders Change
+3
Holders Change %
+2.68%
% of All Funds
2.01%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
38
Reduced
41
Closed
5
Calls
–
Puts
$33K
Net Calls
-$33K
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCM
BHZ Capital Management
California
+$634K
2
PPA
Parametric Portfolio Associates
Washington
+$620K
3
CIC
Cornercap Investment Counsel
Georgia
+$538K
4
HF
HRT Financial
New York
+$490K
5
Marshall Wace
Marshall Wace
United Kingdom
+$457K

Top Sellers

Rank Fund Capital Flow
1
BFC
Banc Funds Company
Illinois
-$2.55M
2
Renaissance Technologies
Renaissance Technologies
New York
-$1.96M
3
Bank of America
Bank of America
North Carolina
-$1.56M
4
BlackRock
BlackRock
New York
-$1.24M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$848K
Name Holding Trade Value Shares
Change 		Change in
Stake
LG
26
LaFleur & Godfrey
Michigan
$1.42M -$216K -6,962 -14%
First Trust Advisors
27
First Trust Advisors
Illinois
$1.4M -$121K -3,917 -8%
Two Sigma Advisers
28
Two Sigma Advisers
New York
$1.39M -$68.2K -2,200 -5%
JA
29
JVL Associates
Michigan
$1.37M +$434 +14 +0%
American Century Companies
30
American Century Companies
Missouri
$1.35M +$173K +5,569 +15%
Morgan Stanley
31
Morgan Stanley
New York
$1.34M +$182K +5,886 +16%
HF
32
HRT Financial
New York
$1.3M +$490K +15,817 +63%
OAM
33
Oberweis Asset Management
Illinois
$1.28M +$116K +3,754 +10%
Arrowstreet Capital
34
Arrowstreet Capital
Massachusetts
$1.26M +$294K +9,501 +32%
BCM
35
BHZ Capital Management
California
$1.26M +$634K +20,463 +109%
Two Sigma Investments
36
Two Sigma Investments
New York
$1.25M +$106K +3,417 +10%
CIC
37
Cornercap Investment Counsel
Georgia
$1.12M +$538K +17,351 +98%
Swiss National Bank
38
Swiss National Bank
Switzerland
$1.09M – – –
Wells Fargo
39
Wells Fargo
California
$1.05M -$42.7K -1,379 -4%
Envestnet Asset Management
40
Envestnet Asset Management
Illinois
$944K +$14.1K +454 +2%
Goldman Sachs
41
Goldman Sachs
New York
$935K -$66.1K -2,134 -7%
SWM
42
Shakespeare Wealth Management
Wisconsin
$847K – – –
Invesco
43
Invesco
Georgia
$812K +$57.2K +1,848 +8%
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$778K +$21.7K +700 +3%
Ameriprise
45
Ameriprise
Minnesota
$770K -$36.9K -1,191 -5%
FNBOO
46
First National Bank of Omaha
Nebraska
$758K -$77.4K -2,498 -10%
Citadel Advisors
47
Citadel Advisors
Florida
$743K -$587K -18,937 -45%
JP Morgan Chase
48
JP Morgan Chase
New York
$721K -$14.5K -468 -2%
SO
49
STRS Ohio
Ohio
$701K – – –
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$685K -$17.3K -560 -3%
1
2
3 4 5

MBWM Hedge Fund Activity: Q3 2021 in Review

115 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q3 2021, worth a combined $269M — up 3.6% from $260M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MBWM positions and 5 closed out — a net gain of 3 holders — while 38 added to existing stakes and 41 trimmed.

The largest buyer was BHZ Capital Management, adding an estimated $634K. The largest seller was Banc Funds Company, cutting an estimated $2.55M.

  • 115 institutional investors held Mercantile Bank Corp (MBWM) as of Q3 2021, up from 112 in Q2 2021.
  • Funds reported $269M of Mercantile Bank Corp stock for Q3 2021, up 3.6% quarter-over-quarter.
  • 8 funds opened new Mercantile Bank Corp positions in Q3 2021 and 5 closed out, a net change of +3 holders.
  • The largest Mercantile Bank Corp buyer in Q3 2021 was BHZ Capital Management, an estimated $634K added.
  • The largest Mercantile Bank Corp seller in Q3 2021 was Banc Funds Company, an estimated $2.55M sold.

Based on aggregated 13F filings for Q3 2021.