Mercantile Bank Corp
MBWM
200 hedge funds and large institutions have $478M invested in Mercantile Bank Corp in 2025 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 82 increasing their positions, 62 reducing their positions, and 15 closing their positions.
47% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 15
32% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 62
2% more funds holding
Funds holding: 196 → 200 (+4)
1.11% more ownership
Funds ownership: 64.23% → 65.34% (+1.1%)
0% more call options, than puts
Call options by funds: $9K | Put options by funds: $9K
1% less capital invested
Capital invested by funds: $484M → $478M (-$6.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.42M |
| 2 |
JP Morgan Chase
New York
|
+$2.79M |
| 3 |
Hotchkis & Wiley Capital Management
Los Angeles,
California
|
+$2.58M |
| 4 |
Morgan Stanley
New York
|
+$2.58M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$1.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$3.58M |
| 2 |
Millennium Management
New York
|
-$3.11M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.66M |
| 4 |
SG Americas Securities
New York
|
-$1.56M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.45M |
MBWM Hedge Fund Activity: Q3 2025 in Review
200 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q3 2025, worth a combined $478M — down 1.3% from $484M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new MBWM positions and 15 closed out — a net gain of 7 holders — while 82 added to existing stakes and 62 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $3.42M. The largest seller was BlackRock, cutting an estimated $3.58M.
- 200 institutional investors held Mercantile Bank Corp (MBWM) as of Q3 2025, up from 196 in Q2 2025.
- Funds reported $478M of Mercantile Bank Corp stock for Q3 2025, down 1.3% quarter-over-quarter.
- 22 funds opened new Mercantile Bank Corp positions in Q3 2025 and 15 closed out, a net change of +7 holders.
- The largest Mercantile Bank Corp buyer in Q3 2025 was AQR Capital Management, an estimated $3.42M added.
- The largest Mercantile Bank Corp seller in Q3 2025 was BlackRock, an estimated $3.58M sold.
Based on aggregated 13F filings for Q3 2025.