Mercantile Bank Corp
MBWM
178 hedge funds and large institutions have $458M invested in Mercantile Bank Corp in 2024 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 74 increasing their positions, 45 reducing their positions, and 9 closing their positions.
200% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 9
64% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 45
33% more call options, than puts
Call options by funds: $36K | Put options by funds: $27K
11% more funds holding
Funds holding: 161 → 178 (+17)
5% more capital invested
Capital invested by funds: $436M → $458M (+$21.9M)
1.91% more ownership
Funds ownership: 61.82% → 63.74% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$3.81M |
| 2 |
MCM
Maltese Capital Management
New York
|
+$3.14M |
| 3 |
Millennium Management
New York
|
+$2.16M |
| 4 |
JP Morgan Chase
New York
|
+$1.87M |
| 5 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
+$1.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.83M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.85M |
| 3 |
Renaissance Technologies
New York
|
-$1.52M |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
-$1.41M |
| 5 |
Allianz Asset Management
Munich,
Germany
|
-$977K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
176
SBI Securities
Tokyo,
Japan
| $89 | +$93 | +2 | New |
|
|
TFM
177
TFC Financial Management
Boston,
Massachusetts
| $45 | – | – | – |
|
|
EWA
178
EverSource Wealth Advisors
Birmingham,
Alabama
| $44 | +$46 | +1 | New |
|
|
SBH
179
Segall Bryant & Hamill
Chicago,
Illinois
| – | -$4.83M | -110,482 | Closed |
|
180
Balyasny Asset Management
Chicago,
Illinois
| – | -$466K | -10,654 | Closed |
|
181
State of Tennessee, Department of Treasury
Nashville,
Tennessee
| – | -$382K | -8,732 | Closed |
|
|
ECM
182
ExodusPoint Capital Management
New York
| – | -$281K | -6,426 | Closed |
|
|
SCM
183
Semanteon Capital Management
Newton,
Massachusetts
| – | -$251K | -5,751 | Closed |
|
184
D.E. Shaw & Co
New York
| – | -$239K | -5,463 | Closed |
|
|
YIH
185
Y-Intercept (HK)
Hong Kong
| – | -$202K | -4,614 | Closed |
|
186
Allspring Global Investments
Charlotte,
North Carolina
| – | -$190K | -4,346 | Closed |
|
|
CPA
187
Capital Performance Advisors
Walnut Creek,
California
| – | -$7.65K | -175 | Closed |
|
MBWM Hedge Fund Activity: Q4 2024 in Review
178 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2024, worth a combined $458M — up 5% from $436M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new MBWM positions and 9 closed out — a net gain of 18 holders — while 74 added to existing stakes and 45 trimmed.
The largest buyer was Assenagon Asset Management, opening a new position worth an estimated $3.81M. The largest seller was Segall Bryant & Hamill, exiting entirely with an estimated $4.83M sold.
- 178 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2024, up from 161 in Q3 2024.
- Funds reported $458M of Mercantile Bank Corp stock for Q4 2024, up 5% quarter-over-quarter.
- 27 funds opened new Mercantile Bank Corp positions in Q4 2024 and 9 closed out, a net change of +18 holders.
- The largest Mercantile Bank Corp buyer in Q4 2024 was Assenagon Asset Management, an estimated $3.81M added.
- The largest Mercantile Bank Corp seller in Q4 2024 was Segall Bryant & Hamill, an estimated $4.83M sold.
Based on aggregated 13F filings for Q4 2024.