Mercantile Bank Corp
MBWM
113 hedge funds and large institutions have $334M invested in Mercantile Bank Corp in 2019 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 38 increasing their positions, 38 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
13% more capital invested
Capital invested by funds: $295M → $334M (+$39.3M)
4% more funds holding
Funds holding: 109 → 113 (+4)
1.33% more ownership
Funds ownership: 54.75% → 56.09% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$2.99M |
| 2 |
Renaissance Technologies
New York
|
+$2.82M |
| 3 |
BlackRock
New York
|
+$2.72M |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$895K |
| 5 |
MCM
Matarin Capital Management
New York
|
+$886K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.72M |
| 2 |
Millennium Management
New York
|
-$781K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$779K |
| 4 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
-$651K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$585K |
MBWM Hedge Fund Activity: Q4 2019 in Review
113 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2019, worth a combined $334M — up 13% from $295M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new MBWM positions and 8 closed out — a net gain of 5 holders — while 38 added to existing stakes and 38 trimmed.
The largest buyer was Arrowstreet Capital, adding an estimated $2.99M. The largest seller was Banc Funds Company, cutting an estimated $2.72M.
- 113 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2019, up from 109 in Q3 2019.
- Funds reported $334M of Mercantile Bank Corp stock for Q4 2019, up 13% quarter-over-quarter.
- 13 funds opened new Mercantile Bank Corp positions in Q4 2019 and 8 closed out, a net change of +5 holders.
- The largest Mercantile Bank Corp buyer in Q4 2019 was Arrowstreet Capital, an estimated $2.99M added.
- The largest Mercantile Bank Corp seller in Q4 2019 was Banc Funds Company, an estimated $2.72M sold.
Based on aggregated 13F filings for Q4 2019.