We are live on ! Find out more
MBWM icon

Mercantile Bank Corp
MBWM

120 hedge funds and large institutions have $297M invested in Mercantile Bank Corp in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 46 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 8

10% more capital invested

Capital invested by funds: $269M → $297M (+$27.8M)

4% more funds holding

Funds holding: 115 → 120 (+5)

1.25% more ownership

Funds ownership: 52.84% → 54.1% (+1.3%)

43% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 46

Holders
120
Holders Change
+5
Holders Change %
+4.35%
% of All Funds
1.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
26
Reduced
46
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCA
Stieven Capital Advisors
Missouri
+$4.18M
2
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$1.25M
3
Morgan Stanley
Morgan Stanley
New York
+$783K
4
Acadian Asset Management
Acadian Asset Management
Massachusetts
+$587K
5
SCP
Seizert Capital Partners
Michigan
+$557K

Top Sellers

Rank Fund Capital Flow
1
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
-$1.26M
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$1.05M
3
TCM
Tributary Capital Management
Nebraska
-$686K
4
Two Sigma Investments
Two Sigma Investments
New York
-$618K
5
LSV Asset Management
LSV Asset Management
Illinois
-$594K
Name Holding Trade Value Shares
Change 		Change in
Stake
AQR Capital Management
26
AQR Capital Management
Connecticut
$1.72M -$30.4K -874 -2%
Wells Fargo
27
Wells Fargo
California
$1.67M +$516K +14,814 +45%
Victory Capital Management
28
Victory Capital Management
Texas
$1.65M +$59.2K +1,700 +4%
LG
29
LaFleur & Godfrey
Michigan
$1.55M +$174 +5 +0%
BCM
30
BHZ Capital Management
California
$1.55M +$177K +5,074 +13%
Thrivent Financial for Lutherans
31
Thrivent Financial for Lutherans
Minnesota
$1.52M -$82.4K -2,366 -5%
First Trust Advisors
32
First Trust Advisors
Illinois
$1.51M -$22.2K -639 -1%
JA
33
JVL Associates
Michigan
$1.49M – – –
OAM
34
Oberweis Asset Management
Illinois
$1.4M +$209 +6 +0%
JP Morgan Chase
35
JP Morgan Chase
New York
$1.32M +$525K +15,084 +67%
Assenagon Asset Management
36
Assenagon Asset Management
Luxembourg
$1.26M +$1.25M +35,926 New
Two Sigma Advisers
37
Two Sigma Advisers
New York
$1.25M -$272K -7,800 -18%
CIC
38
Cornercap Investment Counsel
Georgia
$1.23M – – –
Swiss National Bank
39
Swiss National Bank
Switzerland
$1.16M -$34.8K -1,000 -3%
HF
40
HRT Financial
New York
$1.05M -$378K -10,858 -27%
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$998K -$34.5K -992 -3%
Citadel Advisors
42
Citadel Advisors
Florida
$910K +$97.8K +2,808 +12%
SWM
43
Shakespeare Wealth Management
Wisconsin
$905K – – –
RhumbLine Advisers
44
RhumbLine Advisers
Massachusetts
$848K -$3.34K -96 -0.4%
Ameriprise
45
Ameriprise
Minnesota
$842K – – –
Invesco
46
Invesco
Georgia
$829K -$58.2K -1,672 -7%
FNBOO
47
First National Bank of Omaha
Nebraska
$767K -$61.2K -1,759 -7%
SO
48
STRS Ohio
Ohio
$767K – – –
Two Sigma Investments
49
Two Sigma Investments
New York
$744K -$618K -17,754 -46%
California State Teachers Retirement System (CalSTRS)
50
California State Teachers Retirement System (CalSTRS)
California
$739K -$9.82K -282 -1%
1
2
3 4 5

MBWM Hedge Fund Activity: Q4 2021 in Review

120 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2021, worth a combined $297M — up 10% from $269M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MBWM positions and 8 closed out — a net gain of 7 holders — while 26 added to existing stakes and 46 trimmed.

The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $4.18M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $1.26M sold.

  • 120 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2021, up from 115 in Q3 2021.
  • Funds reported $297M of Mercantile Bank Corp stock for Q4 2021, up 10% quarter-over-quarter.
  • 15 funds opened new Mercantile Bank Corp positions in Q4 2021 and 8 closed out, a net change of +7 holders.
  • The largest Mercantile Bank Corp buyer in Q4 2021 was Stieven Capital Advisors, an estimated $4.18M added.
  • The largest Mercantile Bank Corp seller in Q4 2021 was Arrowstreet Capital, an estimated $1.26M sold.

Based on aggregated 13F filings for Q4 2021.