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Mercantile Bank Corp
MBWM

87 hedge funds and large institutions have $182M invested in Mercantile Bank Corp in 2016 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 22 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

500% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 3

27% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 22

19% more funds holding

Funds holding: 73 → 87 (+14)

11% more capital invested

Capital invested by funds: $165M → $182M (+$17.4M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
87
Holders Change
+14
Holders Change %
+19.18%
% of All Funds
2.32%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
18
Increased
28
Reduced
22
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
+$887K
2
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
+$758K
3
JP Morgan Chase
JP Morgan Chase
New York
+$662K
4
State Street
State Street
Massachusetts
+$648K
5
Renaissance Technologies
Renaissance Technologies
New York
+$618K

Top Sellers

Rank Fund Capital Flow
1
Wellington Management Group
Wellington Management Group
Massachusetts
-$3.91M
2
BFA
BlackRock Fund Advisors
California
-$388K
3
MERSOM
Municipal Employees' Retirement System of Michigan
Michigan
-$332K
4
Citigroup
Citigroup
New York
-$307K
5
AQR Capital Management
AQR Capital Management
Connecticut
-$302K
Name Holding Trade Value Shares
Change 		Change in
Stake
MOACM
76
Mutual of America Capital Management
New York
$36K – – –
New York State Teachers Retirement System (NYSTRS)
77
New York State Teachers Retirement System (NYSTRS)
New York
$33K – – –
Fifth Third Bancorp
78
Fifth Third Bancorp
Ohio
$18K – – –
PCM
79
Prelude Capital Management
New York
$17K +$16.6K +700 New
BNP Paribas Financial Markets
80
BNP Paribas Financial Markets
France
$14.5K +$14.4K +607 New
TRCT
81
Tower Research Capital (TRC)
New York
$6K +$2.3K +97 +66%
UBS Group
82
UBS Group
Switzerland
$5K +$5.37K +227 New
Creative Planning
83
Creative Planning
Kansas
$4K +$3.88K +164 New
LTFS
84
Ladenburg Thalmann Financial Services
Florida
$2K – – –
IA
85
IFP Advisors
Florida
$2K +$2.37K +100 New
Barclays
86
Barclays
United Kingdom
$1K +$1.35K +57 New
Wellington Management Group
87
Wellington Management Group
Massachusetts
– -$3.91M -174,574 Closed
MERSOM
88
Municipal Employees' Retirement System of Michigan
Michigan
– -$332K -14,800 Closed
AQR Capital Management
89
AQR Capital Management
Connecticut
– -$302K -13,455 Closed
AG
90
Advisor Group
Arizona
– +$189 +8 New
1 2 3
4

MBWM Hedge Fund Activity: Q2 2016 in Review

87 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2016, worth a combined $182M — up 11% from $165M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new MBWM positions and 3 closed out — a net gain of 15 holders — while 28 added to existing stakes and 22 trimmed.

The largest buyer was Bank of America, adding an estimated $887K. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.91M sold.

  • 87 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2016, up from 73 in Q1 2016.
  • Funds reported $182M of Mercantile Bank Corp stock for Q2 2016, up 11% quarter-over-quarter.
  • 18 funds opened new Mercantile Bank Corp positions in Q2 2016 and 3 closed out, a net change of +15 holders.
  • The largest Mercantile Bank Corp buyer in Q2 2016 was Bank of America, an estimated $887K added.
  • The largest Mercantile Bank Corp seller in Q2 2016 was Wellington Management Group, an estimated $3.91M sold.

Based on aggregated 13F filings for Q2 2016.