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Mercantile Bank Corp

112 hedge funds and large institutions have $260M invested in Mercantile Bank Corp in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% less ownership

Funds ownership: 54.6%53.23% (-1.4%)

3% less funds holding

Funds holding: 116112 (-4)

10% less capital invested

Capital invested by funds: $288M → $260M (-$28.5M)

14% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 42

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $33K

Holders
112
Holders Change
-4
Holders Change %
-3.45%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
36
Reduced
42
Closed
11
Calls
Puts
$33K
Net Calls
-$33K
Net Calls Change
+$963K
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
76
US Bancorp
Minnesota
$165K -$40.3K -1,263 -19%
TRCT
77
Tower Research Capital (TRC)
New York
$164K +$142K +4,456 +453%
Osaic Holdings
78
Osaic Holdings
Arizona
$152K -$18K -565 -10%
Federated Hermes
79
Federated Hermes
Pennsylvania
$146K
Russell Investments Group
80
Russell Investments Group
United Kingdom
$121K
Legal & General Group
81
Legal & General Group
United Kingdom
$99K
BNP Paribas Financial Markets
82
BNP Paribas Financial Markets
France
$65.4K -$164K -5,145 -70%
Barclays
83
Barclays
United Kingdom
$62K -$358K -11,222 -85%
HWMA
84
Heritage Wealth Management (Arizona)
Arizona
$56K +$22.3K +701 +61%
UBS Group
85
UBS Group
Switzerland
$49K -$246K -7,709 -83%
AIP
86
Ameritas Investment Partners
Nebraska
$43K
Zurich Cantonal Bank
87
Zurich Cantonal Bank
Switzerland
$42K
Canada Life
88
Canada Life
Manitoba, Canada
$39K +$829 +26 +2%
Citigroup
89
Citigroup
New York
$32K -$57.6K -1,806 -63%
HI
90
Harbour Investments
Wisconsin
$30K
Lazard Asset Management
91
Lazard Asset Management
New York
$25K +$26.7K +837 New
FHA
92
First Horizon Advisors
Tennessee
$23K +$3.12K +98 +15%
HNB
93
Huntington National Bank
Ohio
$15K
CAM
94
ClariVest Asset Management
California
$13K
Fidelity Investments
95
Fidelity Investments
Massachusetts
$11K -$32 -1 -0.3%
CFFP
96
Center for Financial Planning
Michigan
$9K -$79.7K -2,501 -90%
Macquarie Group
97
Macquarie Group
Australia
$9K
QCG
98
Quadrant Capital Group
Ohio
$7K +$5.55K +174 +370%
OSAM
99
O'Shaughnessy Asset Management
Connecticut
$5K -$956 -30 -17%
LWM
100
Liberty Wealth Management
California
$5K +$96 +3 +2%

MBWM Hedge Fund Activity: Q2 2021 in Review

112 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2021, worth a combined $260M — down 9.9% from $288M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of MBWM and 7 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 36 added.

The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $1.37M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.39M sold.

  • 112 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2021, down from 116 in Q1 2021.
  • Funds reported $260M of Mercantile Bank Corp stock for Q2 2021, down 9.9% quarter-over-quarter.
  • 7 funds opened new Mercantile Bank Corp positions in Q2 2021 and 11 closed out, a net change of -4 holders.
  • The largest Mercantile Bank Corp buyer in Q2 2021 was Bridgeway Capital Management, an estimated $1.37M added.
  • The largest Mercantile Bank Corp seller in Q2 2021 was Wellington Management Group, an estimated $3.39M sold.

Based on aggregated 13F filings for Q2 2021.