Mercantile Bank Corp
MBWM
105 hedge funds and large institutions have $254M invested in Mercantile Bank Corp in 2018 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 36 increasing their positions, 37 reducing their positions, and 14 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.46% less ownership
Funds ownership: 55.69% → 55.23% (-0.46%)
1% less funds holding
Funds holding: 106 → 105 (-1)
3% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 37
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
18% less capital invested
Capital invested by funds: $309M → $254M (-$54.8M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $574K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$5.98M |
| 2 |
BlackRock
New York
|
+$3.3M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$1.53M |
| 4 |
MCM
Maltese Capital Management
New York
|
+$775K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$769K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.94M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.77M |
| 3 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$1.77M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$1.58M |
| 5 |
HIM
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$1.3M |
MBWM Hedge Fund Activity: Q4 2018 in Review
105 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2018, worth a combined $254M — down 18% from $309M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of MBWM and 13 opened new positions — a net loss of 1 holder — while 37 trimmed existing stakes and 36 added.
The largest buyer was Ackerman Capital Advisors, adding an estimated $5.98M. The largest seller was Morgan Stanley, cutting an estimated $1.94M.
- 105 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2018, down from 106 in Q3 2018.
- Funds reported $254M of Mercantile Bank Corp stock for Q4 2018, down 18% quarter-over-quarter.
- 13 funds opened new Mercantile Bank Corp positions in Q4 2018 and 14 closed out, a net change of -1 holder.
- The largest Mercantile Bank Corp buyer in Q4 2018 was Ackerman Capital Advisors, an estimated $5.98M added.
- The largest Mercantile Bank Corp seller in Q4 2018 was Morgan Stanley, an estimated $1.94M sold.
Based on aggregated 13F filings for Q4 2018.