Mercantile Bank Corp
MBWM
76 hedge funds and large institutions have $179M invested in Mercantile Bank Corp in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 30 increasing their positions, 20 reducing their positions, and 6 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 20
21% more capital invested
Capital invested by funds: $148M → $179M (+$30.7M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
1% more funds holding
Funds holding: 75 → 76 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TAM
THB Asset Management
Norwalk,
Connecticut
|
+$3.66M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
+$1.01M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$997K |
| 4 |
OSAM
O'Shaughnessy Asset Management
Stamford,
Connecticut
|
+$973K |
| 5 |
CEP
Chicago Equity Partners
Chicago,
Illinois
|
+$728K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$2.75M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
-$1.32M |
| 3 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$1.08M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$932K |
| 5 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$704K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $325 | – | – | – |
|
|
MCM
77
Maltese Capital Management
New York
| – | -$2.75M | -132,100 | Closed |
|
|
TC
78
TFS Capital
West Chester,
Pennsylvania
| – | -$1.08M | -52,057 | Closed |
|
|
DTL
79
Dynamic Technology Lab
Singapore
| – | -$224K | -10,774 | Closed |
|
|
RJFSA
80
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$217K | -10,428 | Closed |
|
|
RCM
81
Rotella Capital Management
Bellevue,
Washington
| – | -$200K | -9,630 | Closed |
|
82
Barclays
London,
United Kingdom
| – | -$2K | -88 | Closed |
|
MBWM Hedge Fund Activity: Q4 2015 in Review
76 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2015, worth a combined $179M — up 21% from $148M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MBWM positions and 6 closed out — a net gain of 1 holder — while 30 added to existing stakes and 20 trimmed.
The largest buyer was THB Asset Management, opening a new position worth an estimated $3.66M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $2.75M sold.
- 76 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2015, up from 75 in Q3 2015.
- Funds reported $179M of Mercantile Bank Corp stock for Q4 2015, up 21% quarter-over-quarter.
- 7 funds opened new Mercantile Bank Corp positions in Q4 2015 and 6 closed out, a net change of +1 holder.
- The largest Mercantile Bank Corp buyer in Q4 2015 was THB Asset Management, an estimated $3.66M added.
- The largest Mercantile Bank Corp seller in Q4 2015 was Maltese Capital Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q4 2015.