Mercantile Bank Corp
MBWM
122 hedge funds and large institutions have $308M invested in Mercantile Bank Corp in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 44 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
2% more funds holding
Funds holding: 120 → 122 (+2)
4% more capital invested
Capital invested by funds: $297M → $308M (+$11.1M)
0.73% more ownership
Funds ownership: 54.1% → 54.83% (+0.73%)
2% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
+$4.43M |
| 2 |
State Street
Boston,
Massachusetts
|
+$4.05M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$1.14M |
| 4 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$905K |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$761K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$1.12M |
| 2 |
HF
HRT Financial
New York
|
-$1.05M |
| 3 |
BlackRock
New York
|
-$848K |
| 4 |
JP Morgan Chase
New York
|
-$528K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$494K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Millennium Management
New York
| – | -$205K | -5,851 | Closed |
|
127
SG Americas Securities
New York
| – | -$167K | -4,770 | Closed |
|
128
Russell Investments Group
London,
United Kingdom
| – | -$41K | -1,190 | Closed |
|
129
Lazard Asset Management
New York
| – | -$26K | -759 | Closed |
|
|
WWMSC
130
Wagner Wealth Management (South Carolina)
Greenville,
South Carolina
| – | -$3K | -75 | Closed |
|
MBWM Hedge Fund Activity: Q1 2022 in Review
122 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q1 2022, worth a combined $308M — up 3.7% from $297M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MBWM positions and 10 closed out — a net gain of 2 holders — while 43 added to existing stakes and 44 trimmed.
The largest buyer was Stieven Capital Advisors, adding an estimated $4.43M. The largest seller was Charles Schwab, cutting an estimated $1.12M.
- 122 institutional investors held Mercantile Bank Corp (MBWM) as of Q1 2022, up from 120 in Q4 2021.
- Funds reported $308M of Mercantile Bank Corp stock for Q1 2022, up 3.7% quarter-over-quarter.
- 12 funds opened new Mercantile Bank Corp positions in Q1 2022 and 10 closed out, a net change of +2 holders.
- The largest Mercantile Bank Corp buyer in Q1 2022 was Stieven Capital Advisors, an estimated $4.43M added.
- The largest Mercantile Bank Corp seller in Q1 2022 was Charles Schwab, an estimated $1.12M sold.
Based on aggregated 13F filings for Q1 2022.