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Mercantile Bank Corp

194 hedge funds and large institutions have $452M invested in Mercantile Bank Corp in 2025 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 78 increasing their positions, 61 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

28% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 61

9% more funds holding

Funds holding: 178194 (+16)

0.41% more ownership

Funds ownership: 63.74%64.15% (+0.41%)

1% less capital invested

Capital invested by funds: $458M → $452M (-$5.36M)

41% less call options, than puts

Call options by funds: $13K | Put options by funds: $22K

Holders
194
Holders Change
+16
Holders Change %
+8.99%
% of All Funds
2.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
27
Increased
78
Reduced
61
Closed
9
Calls
$13K
Puts
$22K
Net Calls
-$9K
Net Calls Change
-$18K
Name Holding Trade Value Shares
Change
Change in
Stake
DLP
26
De Lisle Partners
United Kingdom
$3.1M
Royal Bank of Canada
27
Royal Bank of Canada
Ontario, Canada
$2.99M +$168K +3,621 +6%
Millennium Management
28
Millennium Management
New York
$2.88M -$3.08M -66,474 -50%
Qube Research & Technologies (QRT)
29
Qube Research & Technologies (QRT)
United Kingdom
$2.81M +$170K +3,672 +6%
Ameriprise
30
Ameriprise
Minnesota
$2.71M +$769K +16,588 +36%
JA
31
JVL Associates
Michigan
$2.69M
EF
32
Empowered Funds
Pennsylvania
$2.51M +$105K +2,255 +4%
Envestnet Asset Management
33
Envestnet Asset Management
Illinois
$2.5M +$20.7K +446 +0.8%
Connor, Clark & Lunn Investment Management (CC&L)
34
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$2.49M +$530K +11,425 +25%
Tudor Investment Corp
35
Tudor Investment Corp
Connecticut
$2.2M +$159K +3,424 +7%
SG Americas Securities
36
SG Americas Securities
New York
$2M +$1.57M +33,956 +280%
RHCA
37
Rosenthal Henry Capital Advisors
Indiana
$1.95M
Invesco
38
Invesco
Georgia
$1.69M -$62.5K -1,348 -3%
Two Sigma Investments
39
Two Sigma Investments
New York
$1.68M +$363K +7,831 +25%
Bank of America
40
Bank of America
North Carolina
$1.64M -$65.6K -1,415 -4%
Wells Fargo
41
Wells Fargo
California
$1.63M -$339K -7,308 -16%
BGIM
42
Brandywine Global Investment Management
Pennsylvania
$1.61M -$70K -1,510 -4%
LG
43
LaFleur & Godfrey
Michigan
$1.53M +$325 +7 +0%
Pathstone Holdings
44
Pathstone Holdings
New Jersey
$1.53M +$80K +1,725 +5%
Raymond James Financial
45
Raymond James Financial
Florida
$1.38M +$20.3K +437 +1%
Barclays
46
Barclays
United Kingdom
$1.37M -$390K -8,413 -21%
Swiss National Bank
47
Swiss National Bank
Switzerland
$1.3M
Thrivent Financial for Lutherans
48
Thrivent Financial for Lutherans
Minnesota
$1.29M +$35.1K +757 +3%
UBS Group
49
UBS Group
Switzerland
$1.23M -$65.3K -1,408 -5%
UBS AM
50
UBS AM
Illinois
$1.22M -$18K -388 -1%

MBWM Hedge Fund Activity: Q1 2025 in Review

194 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2025, worth a combined $452M — down 1.2% from $458M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new MBWM positions and 9 closed out — a net gain of 18 holders — while 78 added to existing stakes and 61 trimmed.

The largest buyer was Vanguard Group, adding an estimated $6.83M. The largest seller was Allianz Asset Management, cutting an estimated $3.75M.

  • 194 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2025, up from 178 in Q4 2024.
  • Funds reported $452M of Mercantile Bank Corp stock for Q1 2025, down 1.2% quarter-over-quarter.
  • 27 funds opened new Mercantile Bank Corp positions in Q1 2025 and 9 closed out, a net change of +18 holders.
  • The largest Mercantile Bank Corp buyer in Q1 2025 was Vanguard Group, an estimated $6.83M added.
  • The largest Mercantile Bank Corp seller in Q1 2025 was Allianz Asset Management, an estimated $3.75M sold.

Based on aggregated 13F filings for Q1 2025.