Mercantile Bank Corp
MBWM
120 hedge funds and large institutions have $297M invested in Mercantile Bank Corp in 2021 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 46 reducing their positions, and 8 closing their positions.
88% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 8
10% more capital invested
Capital invested by funds: $269M → $297M (+$27.8M)
4% more funds holding
Funds holding: 115 → 120 (+5)
1.25% more ownership
Funds ownership: 52.84% → 54.1% (+1.3%)
43% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$4.18M |
| 2 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$1.25M |
| 3 |
Morgan Stanley
New York
|
+$783K |
| 4 |
Acadian Asset Management
Boston,
Massachusetts
|
+$587K |
| 5 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
+$557K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.26M |
| 2 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.05M |
| 3 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$686K |
| 4 |
Two Sigma Investments
New York
|
-$618K |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
-$594K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Simplex Trading
Chicago,
Illinois
| – | -$1K | -60 | Closed |
|
127
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | +$70 | +2 | New |
|
MBWM Hedge Fund Activity: Q4 2021 in Review
120 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2021, worth a combined $297M — up 10% from $269M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MBWM positions and 8 closed out — a net gain of 7 holders — while 26 added to existing stakes and 46 trimmed.
The largest buyer was Stieven Capital Advisors, opening a new position worth an estimated $4.18M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $1.26M sold.
- 120 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2021, up from 115 in Q3 2021.
- Funds reported $297M of Mercantile Bank Corp stock for Q4 2021, up 10% quarter-over-quarter.
- 15 funds opened new Mercantile Bank Corp positions in Q4 2021 and 8 closed out, a net change of +7 holders.
- The largest Mercantile Bank Corp buyer in Q4 2021 was Stieven Capital Advisors, an estimated $4.18M added.
- The largest Mercantile Bank Corp seller in Q4 2021 was Arrowstreet Capital, an estimated $1.26M sold.
Based on aggregated 13F filings for Q4 2021.