We are live on ! Find out more
MBWM icon

Mercantile Bank Corp

128 hedge funds and large institutions have $278M invested in Mercantile Bank Corp in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

900% more call options, than puts

Call options by funds: $30K | Put options by funds: $3K

35% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 37

7% more capital invested

Capital invested by funds: $260M → $278M (+$17.6M)

7% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 14

0.33% more ownership

Funds ownership: 56.51%56.84% (+0.33%)

2% less funds holding

Funds holding: 130128 (-2)

Holders
128
Holders Change
-2
Holders Change %
-1.54%
% of All Funds
2.04%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
15
Increased
50
Reduced
37
Closed
14
Calls
$30K
Puts
$3K
Net Calls
+$27K
Net Calls Change
+$27K
Name Holding Trade Value Shares
Change
Change in
Stake
OLVIG
101
Oliver Lagore Vanvalin Investment Group
Michigan
$67K
Fifth Third Bancorp
102
Fifth Third Bancorp
Ohio
$65.5K
AB
103
Amalgamated Bank
New York
$48K -$12K -357 -18%
AIP
104
Ameritas Investment Partners
Nebraska
$36.2K
QT
105
Quantbot Technologies
New York
$29.3K +$32.1K +957 New
Lazard Asset Management
106
Lazard Asset Management
New York
$27K
MLICM
107
Metropolitan Life Insurance Company (MetLife)
New York
$26.9K -$6.97K -208 -19%
FHA
108
First Horizon Advisors
Tennessee
$23.4K
UB
109
UMB Bank
Missouri
$22K
DWA
110
Dorsey Wright & Associates
California
$19.4K -$2.41K -72 -10%
Carson Wealth (CWM LLC)
111
Carson Wealth (CWM LLC)
Nebraska
$19K +$7.94K +237 +64%
Macquarie Group
112
Macquarie Group
Australia
$18K -$12.6K -376 -39%
TRCT
113
Tower Research Capital (TRC)
New York
$16K +$6.53K +195 +57%
Citigroup
114
Citigroup
New York
$12.4K -$4.22K -126 -24%
LC
115
Lindbrook Capital
California
$12.3K +$13K +389 +2,992%
QCG
116
Quadrant Capital Group
Ohio
$12.2K +$7.87K +235 +143%
CFFP
117
Center for Financial Planning
Michigan
$8.65K
HI
118
Harbour Investments
Wisconsin
$7.64K +$8.37K +250 New
S
119
SignatureFD
Georgia
$5.6K
PTC
120
Private Trust Company
Ohio
$3.85K
IA
121
IFP Advisors
Florida
$3.42K
MCM
122
Manchester Capital Management
Vermont
$1.9K +$2.08K +62 New
CM
123
Cornerstone Management
Georgia
$1.25K
CFGS
124
Concourse Financial Group Securities
Alabama
$886 -$67 -2 -6%
GWS
125
Glassman Wealth Services
Virginia
$183

MBWM Hedge Fund Activity: Q1 2023 in Review

128 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2023, worth a combined $278M — up 6.8% from $260M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new MBWM positions and 14 closed out — a net gain of 1 holder — while 50 added to existing stakes and 37 trimmed.

The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $2.9M. The largest seller was Stieven Capital Advisors, cutting an estimated $1.77M.

  • 128 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2023, down from 130 in Q4 2022.
  • Funds reported $278M of Mercantile Bank Corp stock for Q1 2023, up 6.8% quarter-over-quarter.
  • 15 funds opened new Mercantile Bank Corp positions in Q1 2023 and 14 closed out, a net change of +1 holder.
  • The largest Mercantile Bank Corp buyer in Q1 2023 was Mercer Global Advisors, an estimated $2.9M added.
  • The largest Mercantile Bank Corp seller in Q1 2023 was Stieven Capital Advisors, an estimated $1.77M sold.

Based on aggregated 13F filings for Q1 2023.