Mercantile Bank Corp
MBWM
161 hedge funds and large institutions have $399M invested in Mercantile Bank Corp in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 60 reducing their positions, and 16 closing their positions.
2,400% more call options, than puts
Call options by funds: $300K | Put options by funds: $12K
50% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 16
7% more capital invested
Capital invested by funds: $372M → $399M (+$26.8M)
5% more funds holding
Funds holding: 154 → 161 (+7)
1.03% more ownership
Funds ownership: 60% → 61.03% (+1%)
15% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
+$4.68M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$3.4M |
| 3 |
BlackRock
New York
|
+$2.21M |
| 4 |
American Century Companies
Kansas City,
Missouri
|
+$1.78M |
| 5 |
LSV Asset Management
Chicago,
Illinois
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stieven Capital Advisors
St. Louis,
Missouri
|
-$3.7M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.62M |
| 3 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.15M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$865K |
| 5 |
JP Morgan Chase
New York
|
-$694K |
MBWM Hedge Fund Activity: Q2 2024 in Review
161 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2024, worth a combined $399M — up 7.2% from $372M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new MBWM positions and 16 closed out — a net gain of 8 holders — while 51 added to existing stakes and 60 trimmed.
The largest buyer was Segall Bryant & Hamill, opening a new position worth an estimated $4.68M. The largest seller was Stieven Capital Advisors, exiting entirely with an estimated $3.7M sold.
- 161 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2024, up from 154 in Q1 2024.
- Funds reported $399M of Mercantile Bank Corp stock for Q2 2024, up 7.2% quarter-over-quarter.
- 24 funds opened new Mercantile Bank Corp positions in Q2 2024 and 16 closed out, a net change of +8 holders.
- The largest Mercantile Bank Corp buyer in Q2 2024 was Segall Bryant & Hamill, an estimated $4.68M added.
- The largest Mercantile Bank Corp seller in Q2 2024 was Stieven Capital Advisors, an estimated $3.7M sold.
Based on aggregated 13F filings for Q2 2024.