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Mercantile Bank Corp

98 hedge funds and large institutions have $189M invested in Mercantile Bank Corp in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 43 increasing their positions, 30 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 30

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.55% less ownership

Funds ownership: 56.09%54.54% (-1.5%)

13% less funds holding

Funds holding: 11398 (-15)

44% less capital invested

Capital invested by funds: $334M → $189M (-$146M)

72% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 18

Holders
98
Holders Change
-15
Holders Change %
-13.27%
% of All Funds
2.16%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
5
Increased
43
Reduced
30
Closed
18
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFFP
76
Center for Financial Planning
Michigan
$59K
AIC
77
Ameritas Investment Company
Nebraska
$51K +$80.2K +2,656 New
Ohio Public Employees Retirement System (OPERS)
78
Ohio Public Employees Retirement System (OPERS)
Ohio
$48K +$14.2K +469 +26%
Zurich Cantonal Bank
79
Zurich Cantonal Bank
Switzerland
$30K
AIP
80
Ameritas Investment Partners
Nebraska
$30K +$5.95K +197 +16%
Canada Life
81
Canada Life
Manitoba, Canada
$27K +$1.3K +43 +3%
MAM
82
Meeder Asset Management
Ohio
$22K +$6.04K +200 +24%
Lazard Asset Management
83
Lazard Asset Management
New York
$19K +$16.2K +538 +146%
FHA
84
First Horizon Advisors
Tennessee
$14K
HNB
85
Huntington National Bank
Ohio
$11K
AA
86
Advisory Alpha
Michigan
$7.78K
Fidelity Investments
87
Fidelity Investments
Massachusetts
$7K -$6.37K -211 -38%
PCG
88
Private Capital Group
Connecticut
$7K -$2.08K -69 -17%
CAM
89
ClariVest Asset Management
California
$7K +$3.92K +130 +73%
QI
90
QS Investors
New York
$7K +$9.05K +300 New
IA
91
IFP Advisors
Florida
$5K -$1.24K -41 -16%
SF
92
Synovus Financial
Georgia
$5K +$7.06K +234 New
LWM
93
Liberty Wealth Management
California
$3K -$392 -13 -8%
QCG
94
Quadrant Capital Group
Ohio
$3K +$785 +26 +29%
GT
95
Glenmede Trust
Pennsylvania
$2K
ABC
96
Associated Banc-Corp
Wisconsin
$2K +$2.2K +73 New
TI
97
tru Independence
Oregon
$6
OAM
98
Oxford Asset Management
United Kingdom
-$1.88M -51,409 Closed
WCM
99
Wedge Capital Management
North Carolina
-$1.36M -37,362 Closed
Grantham, Mayo, Van Otterloo & Co (GMO)
100
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
-$609K -16,700 Closed

MBWM Hedge Fund Activity: Q1 2020 in Review

98 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2020, worth a combined $189M — down 44% from $334M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of MBWM and 5 opened new positions — a net loss of 13 holders — while 30 trimmed existing stakes and 43 added.

The largest buyer was Victory Capital Management, adding an estimated $1.3M. The largest seller was Banc Funds Company, cutting an estimated $2.8M.

  • 98 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2020, down from 113 in Q4 2019.
  • Funds reported $189M of Mercantile Bank Corp stock for Q1 2020, down 44% quarter-over-quarter.
  • 5 funds opened new Mercantile Bank Corp positions in Q1 2020 and 18 closed out, a net change of -13 holders.
  • The largest Mercantile Bank Corp buyer in Q1 2020 was Victory Capital Management, an estimated $1.3M added.
  • The largest Mercantile Bank Corp seller in Q1 2020 was Banc Funds Company, an estimated $2.8M sold.

Based on aggregated 13F filings for Q1 2020.