Mercantile Bank Corp
MBWM
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, 37 increasing their positions, 42 reducing their positions, and 11 closing their positions.
1.34% less ownership
Funds ownership: 54.6% → 53.26% (-1.3%)
3% less funds holding
Funds holding: 116 → 112 (-4)
10% less capital invested
Capital invested by funds: $288M → $260M (-$28.4M)
12% less repeat investments, than reductions
Existing positions increased: 37 | 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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
+$1.37M |
| 2 |
Two Sigma Advisers
New York
|
+$1.16M |
| 3 |
Two Sigma Investments
New York
|
+$1.13M |
| 4 |
Charles Schwab
San Francisco,
California
|
+$849K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$594K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.39M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.04M |
| 3 |
BlackRock
New York
|
-$2.95M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.14M |
| 5 |
JAM
Jacobs Asset Management
New York
|
-$1.13M |
MBWM Hedge Fund Activity: Q2 2021 in Review
112 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2021, worth a combined $260M — down 9.8% 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 37 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 9.8% 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.