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Mercantile Bank Corp
MBWM

122 hedge funds and large institutions have $308M invested in Mercantile Bank Corp in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 10

2% more funds holding

Funds holding: 120 → 122 (+2)

4% more capital invested

Capital invested by funds: $297M → $308M (+$11.1M)

0.73% more ownership

Funds ownership: 54.1% → 54.83% (+0.73%)

2% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 44

Holders
122
Holders Change
+2
Holders Change %
+1.67%
% of All Funds
1.92%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
12
Increased
43
Reduced
44
Closed
10
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
SCA
Stieven Capital Advisors
Missouri
+$4.43M
2
State Street
State Street
Massachusetts
+$4.05M
3
Vanguard Group
Vanguard Group
Pennsylvania
+$1.14M
4
BFC
Banc Funds Company
Illinois
+$905K
5
Jacobs Levy Equity Management
Jacobs Levy Equity Management
New Jersey
+$761K

Top Sellers

Rank Fund Capital Flow
1
Charles Schwab
Charles Schwab
California
-$1.12M
2
HF
HRT Financial
New York
-$1.05M
3
BlackRock
BlackRock
New York
-$848K
4
JP Morgan Chase
JP Morgan Chase
New York
-$528K
5
Bank of America
Bank of America
North Carolina
-$494K
Name Holding Trade Value Shares
Change 		Change in
Stake
Wells Fargo
26
Wells Fargo
California
$1.67M -$26.6K -711 -1%
BCM
27
BHZ Capital Management
California
$1.64M +$69.1K +1,848 +4%
LG
28
LaFleur & Godfrey
Michigan
$1.57M +$224 +6 +0%
JA
29
JVL Associates
Michigan
$1.52M +$9.64K +258 +0.6%
Citadel Advisors
30
Citadel Advisors
Florida
$1.49M +$602K +16,096 +62%
Invesco
31
Invesco
Georgia
$1.48M +$680K +18,206 +77%
Victory Capital Management
32
Victory Capital Management
Texas
$1.43M -$252K -6,750 -14%
OAM
33
Oberweis Asset Management
Illinois
$1.41M +$187 +5 +0%
AQR Capital Management
34
AQR Capital Management
Connecticut
$1.32M -$439K -11,757 -24%
Two Sigma Advisers
35
Two Sigma Advisers
New York
$1.32M +$56.1K +1,500 +4%
First Trust Advisors
36
First Trust Advisors
Illinois
$1.3M -$236K -6,315 -15%
Swiss National Bank
37
Swiss National Bank
Switzerland
$1.25M +$74.8K +2,000 +6%
Assenagon Asset Management
38
Assenagon Asset Management
Luxembourg
$1.23M -$46.2K -1,236 -3%
Thrivent Financial for Lutherans
39
Thrivent Financial for Lutherans
Minnesota
$1.18M -$379K -10,143 -23%
Two Sigma Investments
40
Two Sigma Investments
New York
$1.13M +$402K +10,753 +51%
Envestnet Asset Management
41
Envestnet Asset Management
Illinois
$1.11M +$103K +2,748 +10%
CIC
42
Cornercap Investment Counsel
Georgia
$1.01M -$243K -6,502 -19%
Goldman Sachs
43
Goldman Sachs
New York
$953K +$256K +6,859 +34%
SWM
44
Shakespeare Wealth Management
Wisconsin
$899K – – –
Ameriprise
45
Ameriprise
Minnesota
$852K – – –
JP Morgan Chase
46
JP Morgan Chase
New York
$831K -$528K -14,128 -38%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$788K -$73.3K -1,960 -8%
Jacobs Levy Equity Management
48
Jacobs Levy Equity Management
New Jersey
$721K +$761K +20,358 New
RHAM
49
Round Hill Asset Management
California
$716K – – –
SO
50
STRS Ohio
Ohio
$708K -$71K -1,900 -9%
1
2
3 4 5

MBWM Hedge Fund Activity: Q1 2022 in Review

122 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2022, worth a combined $308M — up 3.7% from $297M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MBWM positions and 10 closed out — a net gain of 2 holders — while 43 added to existing stakes and 44 trimmed.

The largest buyer was Stieven Capital Advisors, adding an estimated $4.43M. The largest seller was Charles Schwab, cutting an estimated $1.12M.

  • 122 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2022, up from 120 in Q4 2021.
  • Funds reported $308M of Mercantile Bank Corp stock for Q1 2022, up 3.7% quarter-over-quarter.
  • 12 funds opened new Mercantile Bank Corp positions in Q1 2022 and 10 closed out, a net change of +2 holders.
  • The largest Mercantile Bank Corp buyer in Q1 2022 was Stieven Capital Advisors, an estimated $4.43M added.
  • The largest Mercantile Bank Corp seller in Q1 2022 was Charles Schwab, an estimated $1.12M sold.

Based on aggregated 13F filings for Q1 2022.