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Mercantile Bank Corp
MBWM

178 hedge funds and large institutions have $458M invested in Mercantile Bank Corp in 2024 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 45 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 9

64% more repeat investments, than reductions

Existing positions increased: 74 | Existing positions reduced: 45

33% more call options, than puts

Call options by funds: $36K | Put options by funds: $27K

11% more funds holding

Funds holding: 161 → 178 (+17)

5% more capital invested

Capital invested by funds: $436M → $458M (+$21.9M)

1.91% more ownership

Funds ownership: 61.82% → 63.74% (+1.9%)

Holders
178
Holders Change
+17
Holders Change %
+10.56%
% of All Funds
2.34%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
27
Increased
74
Reduced
45
Closed
9
Calls
$36K
Puts
$27K
Net Calls
+$9K
Net Calls Change
-$13K

Top Buyers

Rank Fund Capital Flow
1
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
+$3.81M
2
MCM
Maltese Capital Management
New York
+$3.14M
3
Millennium Management
Millennium Management
New York
+$2.16M
4
JP Morgan Chase
JP Morgan Chase
New York
+$1.87M
5
TCM
Tributary Capital Management
Nebraska
+$1.86M

Top Sellers

Rank Fund Capital Flow
1
SBH
Segall Bryant & Hamill
Illinois
-$4.83M
2
BFC
Banc Funds Company
Illinois
-$2.85M
3
Renaissance Technologies
Renaissance Technologies
New York
-$1.52M
4
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
-$1.41M
5
Allianz Asset Management
Allianz Asset Management
Germany
-$977K
Name Holding Trade Value Shares
Change 		Change in
Stake
DLP
26
De Lisle Partners
United Kingdom
$3.18M +$742K +15,980 +29%
Arrowstreet Capital
27
Arrowstreet Capital
Massachusetts
$3.12M +$191K +4,114 +6%
MCM
28
Maltese Capital Management
New York
$3M +$3.14M +67,500 New
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$2.9M +$95.9K +2,064 +3%
JA
30
JVL Associates
Michigan
$2.76M +$186 +4 +0%
Qube Research & Technologies (QRT)
31
Qube Research & Technologies (QRT)
United Kingdom
$2.72M +$694K +14,932 +32%
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$2.54M +$771K +16,600 +41%
EF
33
Empowered Funds
Pennsylvania
$2.47M +$124K +2,659 +5%
Tudor Investment Corp
34
Tudor Investment Corp
Connecticut
$2.1M +$556K +11,961 +34%
Connor, Clark & Lunn Investment Management (CC&L)
35
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.04M +$677K +14,568 +47%
Ameriprise
36
Ameriprise
Minnesota
$2.04M +$1M +21,533 +89%
RHCA
37
Rosenthal Henry Capital Advisors
Indiana
$2M – – –
N
38
Nuveen
North Carolina
$2M +$234K +5,045 +13%
Wells Fargo
39
Wells Fargo
California
$1.99M +$513K +11,047 +33%
Invesco
40
Invesco
Georgia
$1.79M +$76.9K +1,654 +4%
Barclays
41
Barclays
United Kingdom
$1.77M +$320K +6,897 +21%
Bank of America
42
Bank of America
North Carolina
$1.75M +$94.4K +2,032 +5%
BGIM
43
Brandywine Global Investment Management
Pennsylvania
$1.72M -$88.4K -1,902 -5%
LG
44
LaFleur & Godfrey
Michigan
$1.57M -$13.4K -288 -0.8%
Pathstone Holdings
45
Pathstone Holdings
New Jersey
$1.49M +$76.1K +1,638 +5%
Raymond James Financial
46
Raymond James Financial
Florida
$1.39M +$1.45M +31,278 New
Two Sigma Investments
47
Two Sigma Investments
New York
$1.37M +$177K +3,809 +14%
Teacher Retirement System of Texas
48
Teacher Retirement System of Texas
Texas
$1.36M +$213K +4,577 +18%
Swiss National Bank
49
Swiss National Bank
Switzerland
$1.33M – – –
UBS Group
50
UBS Group
Switzerland
$1.32M +$822K +17,699 +148%
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MBWM Hedge Fund Activity: Q4 2024 in Review

178 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2024, worth a combined $458M — up 5% from $436M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new MBWM positions and 9 closed out — a net gain of 18 holders — while 74 added to existing stakes and 45 trimmed.

The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $3.81M. The largest seller was Segall Bryant & Hamill, exiting entirely with an estimated $4.83M sold.

  • 178 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2024, up from 161 in Q3 2024.
  • Funds reported $458M of Mercantile Bank Corp stock for Q4 2024, up 5% quarter-over-quarter.
  • 27 funds opened new Mercantile Bank Corp positions in Q4 2024 and 9 closed out, a net change of +18 holders.
  • The largest Mercantile Bank Corp buyer in Q4 2024 was Assenagon Asset Management, an estimated $3.81M added.
  • The largest Mercantile Bank Corp seller in Q4 2024 was Segall Bryant & Hamill, an estimated $4.83M sold.

Based on aggregated 13F filings for Q4 2024.