We are live on ! Find out more
MBWM icon

Mercantile Bank Corp
MBWM

154 hedge funds and large institutions have $372M invested in Mercantile Bank Corp in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 55 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,074% more call options, than puts

Call options by funds: $446K | Put options by funds: $38K

118% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 11

9% more funds holding

Funds holding: 141 → 154 (+13)

0.4% more ownership

Funds ownership: 59.61% → 60% (+0.4%)

4% less capital invested

Capital invested by funds: $386M → $372M (-$13.5M)

11% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 55

Holders
154
Holders Change
+13
Holders Change %
+9.22%
% of All Funds
2.22%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
24
Increased
49
Reduced
55
Closed
11
Calls
$446K
Puts
$38K
Net Calls
+$408K
Net Calls Change
-$590K

Top Buyers

Rank Fund Capital Flow
1
Allianz Asset Management
Allianz Asset Management
Germany
+$4.53M
2
First Trust Advisors
First Trust Advisors
Illinois
+$3.63M
3
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
+$2.5M
4
State Street
State Street
Massachusetts
+$1.95M
5
American Century Companies
American Century Companies
Missouri
+$1.92M

Top Sellers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
-$4.93M
2
SCA
Stieven Capital Advisors
Missouri
-$3.55M
3
BFC
Banc Funds Company
Illinois
-$2.93M
4
Acadian Asset Management
Acadian Asset Management
Massachusetts
-$2.52M
5
TCM
Tributary Capital Management
Nebraska
-$2.5M
Name Holding Trade Value Shares
Change 		Change in
Stake
Hotchkis & Wiley Capital Management
26
Hotchkis & Wiley Capital Management
California
$2.73M -$2.2M -57,590 -45%
Assenagon Asset Management
27
Assenagon Asset Management
Luxembourg
$2.68M -$43.9K -1,152 -2%
Arrowstreet Capital
28
Arrowstreet Capital
Massachusetts
$2.53M +$2.5M +65,654 New
JA
29
JVL Associates
Michigan
$2.39M – – –
Goldman Sachs
30
Goldman Sachs
New York
$2.35M +$828K +21,721 +55%
Invesco
31
Invesco
Georgia
$2.15M +$849K +22,266 +66%
EF
32
Empowered Funds
Pennsylvania
$1.79M +$133K +3,500 +8%
RHCA
33
Rosenthal Henry Capital Advisors
Indiana
$1.73M – – –
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$1.7M -$145K -3,792 -8%
BGIM
35
Brandywine Global Investment Management
Pennsylvania
$1.68M -$12.6K -330 -0.8%
Bank of America
36
Bank of America
North Carolina
$1.49M -$533K -13,972 -27%
DLP
37
De Lisle Partners
United Kingdom
$1.45M +$1.44M +37,661 New
LG
38
LaFleur & Godfrey
Michigan
$1.38M -$50.3K -1,319 -4%
Thrivent Financial for Lutherans
39
Thrivent Financial for Lutherans
Minnesota
$1.37M +$608K +15,949 +81%
N
40
Nuveen
North Carolina
$1.27M – – –
Millennium Management
41
Millennium Management
New York
$1.26M -$586K -15,355 -32%
Swiss National Bank
42
Swiss National Bank
Switzerland
$1.22M – – –
Wells Fargo
43
Wells Fargo
California
$1.18M -$149K -3,910 -11%
Pathstone Holdings
44
Pathstone Holdings
New Jersey
$1.14M +$811K +21,257 +257%
CIC
45
Cornercap Investment Counsel
Georgia
$1.13M – – –
Barclays
46
Barclays
United Kingdom
$1.05M -$196K -5,139 -16%
RhumbLine Advisers
47
RhumbLine Advisers
Massachusetts
$949K +$24.3K +638 +3%
Ameriprise
48
Ameriprise
Minnesota
$932K -$317K -8,300 -26%
Los Angeles Capital Management
49
Los Angeles Capital Management
California
$931K +$4.12K +108 +0.4%
Teacher Retirement System of Texas
50
Teacher Retirement System of Texas
Texas
$917K +$574K +15,053 +171%
1
2
3 4 5

MBWM Hedge Fund Activity: Q1 2024 in Review

154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2024, worth a combined $372M — down 3.5% from $386M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new MBWM positions and 11 closed out — a net gain of 13 holders — while 49 added to existing stakes and 55 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $4.53M. The largest seller was Morgan Stanley, cutting an estimated $4.93M.

  • 154 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2024, up from 141 in Q4 2023.
  • Funds reported $372M of Mercantile Bank Corp stock for Q1 2024, down 3.5% quarter-over-quarter.
  • 24 funds opened new Mercantile Bank Corp positions in Q1 2024 and 11 closed out, a net change of +13 holders.
  • The largest Mercantile Bank Corp buyer in Q1 2024 was Allianz Asset Management, an estimated $4.53M added.
  • The largest Mercantile Bank Corp seller in Q1 2024 was Morgan Stanley, an estimated $4.93M sold.

Based on aggregated 13F filings for Q1 2024.