Mercantile Bank Corp
MBWM
105 hedge funds and large institutions have $293M invested in Mercantile Bank Corp in 2019 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 29 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
31% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 29
3% more funds holding
Funds holding: 102 → 105 (+3)
1% more capital invested
Capital invested by funds: $291M → $293M (+$2.26M)
0.66% more ownership
Funds ownership: 54.11% → 54.77% (+0.66%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $599K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Nuveen
Charlotte,
North Carolina
|
+$2.35M |
| 2 |
BlackRock
New York
|
+$1.69M |
| 3 |
LG
LaFleur & Godfrey
Grand Rapids,
Michigan
|
+$1.51M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$973K |
| 5 |
MAM
Martingale Asset Management
Boston,
Massachusetts
|
+$951K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$3.78M |
| 2 |
SCP
Seizert Capital Partners
Birmingham,
Michigan
|
-$1.59M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$847K |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
-$675K |
| 5 |
Morgan Stanley
New York
|
-$623K |
MBWM Hedge Fund Activity: Q2 2019 in Review
105 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2019, worth a combined $293M — up 0.78% from $291M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MBWM positions and 10 closed out — a net gain of 5 holders — while 38 added to existing stakes and 29 trimmed.
The largest buyer was Nuveen, opening a new position worth an estimated $2.35M. The largest seller was Banc Funds Company, cutting an estimated $3.78M.
- 105 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2019, up from 102 in Q1 2019.
- Funds reported $293M of Mercantile Bank Corp stock for Q2 2019, up 0.78% quarter-over-quarter.
- 15 funds opened new Mercantile Bank Corp positions in Q2 2019 and 10 closed out, a net change of +5 holders.
- The largest Mercantile Bank Corp buyer in Q2 2019 was Nuveen, an estimated $2.35M added.
- The largest Mercantile Bank Corp seller in Q2 2019 was Banc Funds Company, an estimated $3.78M sold.
Based on aggregated 13F filings for Q2 2019.