Mercantile Bank Corp
MBWM
69 hedge funds and large institutions have $165M invested in Mercantile Bank Corp in 2014 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 12 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
200% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 12
83% more capital invested
Capital invested by funds: $90.2M → $165M (+$75.2M)
21% more funds holding
Funds holding: 57 → 69 (+12)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$15.7M |
| 2 |
BFC
Banc Funds Company
Chicago,
Illinois
|
+$12M |
| 3 |
Dimensional Fund Advisors
Austin,
Texas
|
+$5.72M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$3.79M |
| 5 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$705K |
| 2 |
Acadian Asset Management
Boston,
Massachusetts
|
-$503K |
| 3 |
FG
FSI Group
Cincinnati,
Ohio
|
-$406K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$363K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$258K |
MBWM Hedge Fund Activity: Q2 2014 in Review
69 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2014, worth a combined $165M — up 83% from $90.2M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new MBWM positions and 3 closed out — a net gain of 13 holders — while 36 added to existing stakes and 12 trimmed.
The largest buyer was Wellington Management Group, adding an estimated $15.7M. The largest seller was Maltese Capital Management, cutting an estimated $705K.
- 69 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2014, up from 57 in Q1 2014.
- Funds reported $165M of Mercantile Bank Corp stock for Q2 2014, up 83% quarter-over-quarter.
- 16 funds opened new Mercantile Bank Corp positions in Q2 2014 and 3 closed out, a net change of +13 holders.
- The largest Mercantile Bank Corp buyer in Q2 2014 was Wellington Management Group, an estimated $15.7M added.
- The largest Mercantile Bank Corp seller in Q2 2014 was Maltese Capital Management, an estimated $705K sold.
Based on aggregated 13F filings for Q2 2014.