Mercantile Bank Corp
MBWM
66 hedge funds and large institutions have $153M invested in Mercantile Bank Corp in 2015 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
6% more funds holding
Funds holding: 62 → 66 (+4)
6% more capital invested
Capital invested by funds: $145M → $153M (+$8.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$6.09M |
| 2 |
Renaissance Technologies
New York
|
+$1.91M |
| 3 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$1.36M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.14M |
| 5 |
KCM
Kennedy Capital Management
St Louis,
Missouri
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$22.8M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$580K |
| 3 |
CCMH
Cornerstone Capital Management Holdings
New York
|
-$300K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$93.4K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$60.9K |
MBWM Hedge Fund Activity: Q2 2015 in Review
66 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2015, worth a combined $153M — up 5.7% from $145M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MBWM positions and 2 closed out — a net gain of 4 holders — while 28 added to existing stakes and 17 trimmed.
The largest buyer was Banc Funds Company, adding an estimated $6.09M. The largest seller was Wellington Management Group, cutting an estimated $22.8M.
- 66 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2015, up from 62 in Q1 2015.
- Funds reported $153M of Mercantile Bank Corp stock for Q2 2015, up 5.7% quarter-over-quarter.
- 6 funds opened new Mercantile Bank Corp positions in Q2 2015 and 2 closed out, a net change of +4 holders.
- The largest Mercantile Bank Corp buyer in Q2 2015 was Banc Funds Company, an estimated $6.09M added.
- The largest Mercantile Bank Corp seller in Q2 2015 was Wellington Management Group, an estimated $22.8M sold.
Based on aggregated 13F filings for Q2 2015.