Mercantile Bank Corp
MBWM
207 hedge funds and large institutions have $691M invested in Mercantile Bank Corp in 2026 Q2 according to their latest regulatory filings, with 35 funds opening new positions, 73 increasing their positions, 62 reducing their positions, and 22 closing their positions.
59% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 22
18% more repeat investments, than reductions
Existing positions increased: 73 | Existing positions reduced: 62
17% more capital invested
Capital invested by funds: $590M → $691M (+$101M)
4% more funds holding
Funds holding: 200 → 207 (+7)
2.01% more ownership
Funds ownership: 67.68% → 69.69% (+2%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$7.68M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.07M |
| 3 |
RIP
Rhino Investment Partners
West Conshohocken,
Pennsylvania
|
+$4.95M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.38M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
+$3.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ProShare Advisors
Bethesda,
Maryland
|
-$6.34M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$5.33M |
| 3 |
BCM
Bridgeway Capital Management
Houston,
Texas
|
-$4.5M |
| 4 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$2.53M |
| 5 |
Renaissance Technologies
New York
|
-$1.35M |
MBWM Hedge Fund Activity: Q2 2026 in Review
207 of the 8,316 institutional investors tracked by Wall St. Rank reported a position in Mercantile Bank Corp (MBWM) for Q2 2026, worth a combined $691M — up 17% from $590M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new MBWM positions and 22 closed out — a net gain of 13 holders — while 73 added to existing stakes and 62 trimmed.
The largest buyer was BlackRock, adding an estimated $7.68M. The largest seller was ProShare Advisors, exiting entirely with an estimated $6.34M sold.
- 207 institutional investors held Mercantile Bank Corp (MBWM) as of Q2 2026, up from 200 in Q1 2026.
- Funds reported $691M of Mercantile Bank Corp stock for Q2 2026, up 17% quarter-over-quarter.
- 35 funds opened new Mercantile Bank Corp positions in Q2 2026 and 22 closed out, a net change of +13 holders.
- The largest Mercantile Bank Corp buyer in Q2 2026 was BlackRock, an estimated $7.68M added.
- The largest Mercantile Bank Corp seller in Q2 2026 was ProShare Advisors, an estimated $6.34M sold.
Based on aggregated 13F filings for Q2 2026.