Mercantile Bank Corp
MBWM
115 hedge funds and large institutions have $269M invested in Mercantile Bank Corp in 2021 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 38 increasing their positions, 42 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
3% more funds holding
Funds holding: 112 → 115 (+3)
3% more capital invested
Capital invested by funds: $260M → $269M (+$8.8M)
0.42% less ownership
Funds ownership: 53.26% → 52.84% (-0.42%)
10% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 42
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $33K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
BHZ Capital Management
San Jose,
California
|
+$634K |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$620K |
| 3 |
CIC
Cornercap Investment Counsel
Atlanta,
Georgia
|
+$538K |
| 4 |
HF
HRT Financial
New York
|
+$490K |
| 5 |
Marshall Wace
London,
United Kingdom
|
+$457K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFC
Banc Funds Company
Chicago,
Illinois
|
-$2.55M |
| 2 |
Renaissance Technologies
New York
|
-$1.96M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.56M |
| 4 |
BlackRock
New York
|
-$1.24M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$848K |
MBWM Hedge Fund Activity: Q3 2021 in Review
115 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q3 2021, worth a combined $269M — up 3.4% from $260M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MBWM positions and 5 closed out — a net gain of 3 holders — while 38 added to existing stakes and 42 trimmed.
The largest buyer was BHZ Capital Management, adding an estimated $634K. The largest seller was Banc Funds Company, cutting an estimated $2.55M.
- 115 institutional investors held Mercantile Bank Corp (MBWM) as of Q3 2021, up from 112 in Q2 2021.
- Funds reported $269M of Mercantile Bank Corp stock for Q3 2021, up 3.4% quarter-over-quarter.
- 8 funds opened new Mercantile Bank Corp positions in Q3 2021 and 5 closed out, a net change of +3 holders.
- The largest Mercantile Bank Corp buyer in Q3 2021 was BHZ Capital Management, an estimated $634K added.
- The largest Mercantile Bank Corp seller in Q3 2021 was Banc Funds Company, an estimated $2.55M sold.
Based on aggregated 13F filings for Q3 2021.