Mercantile Bank Corp
MBWM
105 hedge funds and large institutions have $335M invested in Mercantile Bank Corp in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 44 increasing their positions, 29 reducing their positions, and 10 closing their positions.
52% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 29
14% more capital invested
Capital invested by funds: $295M → $335M (+$40.6M)
1.29% more ownership
Funds ownership: 53.39% → 54.68% (+1.3%)
0% more funds holding
Funds holding: 105 → 105 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $376K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$4.49M |
| 2 |
Renaissance Technologies
New York
|
+$2.03M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$2.01M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.59M |
| 5 |
Goldman Sachs
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$4.98M |
| 2 |
EMFAT
Emerald Mutual Fund Advisers Trust
Leola,
Pennsylvania
|
-$2.92M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.14M |
| 4 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$1.57M |
| 5 |
MC
Menta Capital
San Francisco,
California
|
-$671K |
MBWM Hedge Fund Activity: Q2 2018 in Review
105 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2018, worth a combined $335M — up 14% from $295M a quarter earlier.
Fund positioning in MBWM was balanced in Q2 2018: 10 funds opened new positions, 10 closed out, 44 added to existing stakes and 29 trimmed.
The largest buyer was BlackRock, adding an estimated $4.49M. The largest seller was Banc Funds Company, cutting an estimated $4.98M.
- 105 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $335M of Mercantile Bank Corp stock for Q2 2018, up 14% quarter-over-quarter.
- 10 funds opened new Mercantile Bank Corp positions in Q2 2018 and 10 closed out, a net change of 0 holders.
- The largest Mercantile Bank Corp buyer in Q2 2018 was BlackRock, an estimated $4.49M added.
- The largest Mercantile Bank Corp seller in Q2 2018 was Banc Funds Company, an estimated $4.98M sold.
Based on aggregated 13F filings for Q2 2018.