We are live on ! Find out more
MBWM icon

Mercantile Bank Corp

112 hedge funds and large institutions have $260M invested in Mercantile Bank Corp in 2021 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 36 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.37% less ownership

Funds ownership: 54.6%53.23% (-1.4%)

3% less funds holding

Funds holding: 116112 (-4)

10% less capital invested

Capital invested by funds: $288M → $260M (-$28.5M)

14% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 42

36% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 11

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $33K

Holders
112
Holders Change
-4
Holders Change %
-3.45%
% of All Funds
1.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
36
Reduced
42
Closed
11
Calls
Puts
$33K
Net Calls
-$33K
Net Calls Change
+$963K
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$42.8M -$2.95M -92,565 -6%
Dimensional Fund Advisors
2
Dimensional Fund Advisors
Texas
$35.9M -$546K -17,145 -1%
Vanguard Group
3
Vanguard Group
Pennsylvania
$23M -$90.9K -2,851 -0.4%
Renaissance Technologies
4
Renaissance Technologies
New York
$22.9M +$242K +7,600 +1%
BFC
5
Banc Funds Company
Illinois
$16.6M -$311K -9,751 -2%
TCM
6
Tributary Capital Management
Nebraska
$10.3M -$537K -16,835 -5%
State Street
7
State Street
Massachusetts
$9.86M +$214K +6,713 +2%
NSAM
8
North Star Asset Management
Wisconsin
$8.4M +$288K +9,050 +3%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$8.17M +$84.6K +2,655 +1%
Northern Trust
10
Northern Trust
Illinois
$6.33M -$198K -6,213 -3%
LSV Asset Management
11
LSV Asset Management
Illinois
$5.22M -$170K -5,337 -3%
Hotchkis & Wiley Capital Management
12
Hotchkis & Wiley Capital Management
California
$4.46M +$413K +12,960 +10%
Charles Schwab
13
Charles Schwab
California
$4.35M +$849K +26,637 +23%
Bank of New York Mellon
14
Bank of New York Mellon
New York
$3.54M -$159K -4,976 -4%
Bank of America
15
Bank of America
North Carolina
$3.5M -$3.04M -95,388 -45%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$3.4M -$352K -11,055 -9%
Acadian Asset Management
17
Acadian Asset Management
Massachusetts
$3.27M +$484K +15,185 +16%
SAS
18
Sanford Advisory Services
Michigan
$2.62M
PPA
19
Parametric Portfolio Associates
Washington
$2.07M +$275K +8,616 +14%
N
20
Nuveen
North Carolina
$2.02M -$86.6K -2,718 -4%
LG
21
LaFleur & Godfrey
Michigan
$1.55M -$100K -3,140 -6%
RHCA
22
Rosenthal Henry Capital Advisors
Indiana
$1.51M
First Trust Advisors
23
First Trust Advisors
Illinois
$1.44M +$373K +11,708 +33%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$1.38M +$1.16M +36,484 +397%
Thrivent Financial for Lutherans
25
Thrivent Financial for Lutherans
Minnesota
$1.36M +$92.4K +2,900 +7%

MBWM Hedge Fund Activity: Q2 2021 in Review

112 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2021, worth a combined $260M — down 9.9% from $288M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of MBWM and 7 opened new positions — a net loss of 4 holders — while 42 trimmed existing stakes and 36 added.

The largest buyer was Bridgeway Capital Management, opening a new position worth an estimated $1.37M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.39M sold.

  • 112 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2021, down from 116 in Q1 2021.
  • Funds reported $260M of Mercantile Bank Corp stock for Q2 2021, down 9.9% quarter-over-quarter.
  • 7 funds opened new Mercantile Bank Corp positions in Q2 2021 and 11 closed out, a net change of -4 holders.
  • The largest Mercantile Bank Corp buyer in Q2 2021 was Bridgeway Capital Management, an estimated $1.37M added.
  • The largest Mercantile Bank Corp seller in Q2 2021 was Wellington Management Group, an estimated $3.39M sold.

Based on aggregated 13F filings for Q2 2021.