Mercantile Bank Corp
MBWM
64 hedge funds and large institutions have $156M invested in Mercantile Bank Corp in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 23 increasing their positions, 16 reducing their positions, and 5 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 16
11% more capital invested
Capital invested by funds: $140M → $156M (+$15.9M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
2% less funds holding
Funds holding: 65 → 64 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
+$1.22M |
| 2 |
CCM
Castine Capital Management
Boston,
Massachusetts
|
+$644K |
| 3 |
EPCA
Elizabeth Park Capital Advisors
Pepper Pike,
Ohio
|
+$543K |
| 4 |
Dimensional Fund Advisors
Austin,
Texas
|
+$418K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$383K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Maltese Capital Management
New York
|
-$1.77M |
| 2 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$555K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$321K |
| 4 |
GMIM
General Motors Investment Management
New York
|
-$223K |
| 5 |
PNC
Park National Corp
Newark,
Ohio
|
-$159K |
MBWM Hedge Fund Activity: Q4 2014 in Review
64 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q4 2014, worth a combined $156M — up 11% from $140M a quarter earlier.
Fund positioning in MBWM was balanced in Q4 2014: 5 funds opened new positions, 5 closed out, 23 added to existing stakes and 16 trimmed.
The largest buyer was BlackRock Fund Advisors, adding an estimated $1.22M. The largest seller was Maltese Capital Management, exiting entirely with an estimated $1.77M sold.
- 64 institutional investors held Mercantile Bank Corp (MBWM) as of Q4 2014, down from 65 in Q3 2014.
- Funds reported $156M of Mercantile Bank Corp stock for Q4 2014, up 11% quarter-over-quarter.
- 5 funds opened new Mercantile Bank Corp positions in Q4 2014 and 5 closed out, a net change of 0 holders.
- The largest Mercantile Bank Corp buyer in Q4 2014 was BlackRock Fund Advisors, an estimated $1.22M added.
- The largest Mercantile Bank Corp seller in Q4 2014 was Maltese Capital Management, an estimated $1.77M sold.
Based on aggregated 13F filings for Q4 2014.