Mercantile Bank Ownership | Who Owns Mercantile Bank?
Mercantile Bank Ownership Summary
Mercantile Bank is owned by 61.04% institutional investors, 3.24% insiders, and 35.72% retail investors. Blackrock is the largest institutional shareholder, holding 9.69% of MBWM shares. iShares Russell 2000 ETF is the top mutual fund, with 2.94% of its assets in Mercantile Bank shares.
MBWM Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Mercantile Bank | 61.04% | 3.24% | 35.72% |
| Sector | Financial Services Stocks | 43.55% | 12.63% | 43.82% |
| Industry | Regional Banks Stocks | 49.57% | 11.62% | 38.81% |
Institutional Shareholders
Top Institutional Shareholders by Total Shares
| Holder | Shares | % Holding | Value |
|---|---|---|---|
| Blackrock | 1.56M | 9.69% | $63.39M |
| Dimensional fund advisors lp | 1.15M | 7.12% | $46.59M |
| Vanguard group | 837.55K | 5.20% | $33.98M |
| Renaissance | 530.91K | 3.29% | $21.54M |
| State street | 451.96K | 2.80% | $18.34M |
| North star asset management | 363.81K | 2.26% | $14.76M |
| Geode capital management | 362.78K | 2.25% | $14.72M |
| Banc funds | 337.34K | 2.09% | $13.69M |
| American century companies | 308.85K | 1.92% | $12.53M |
| Lsv asset management | 260.13K | 1.61% | $10.55M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| John w. rosenthal capital management | 45.00K | 2.59% | $1.83M |
| Banc funds | 337.34K | 1.62% | $13.69M |
| Jvl associates | 62.02K | 1.01% | $2.52M |
| Tributary capital management | 248.48K | 0.84% | $10.08M |
| North star asset management | 363.81K | 0.70% | $14.76M |
| Round hill asset management | 19.41K | 0.50% | $787.34K |
| De lisle partners llp | 37.66K | 0.33% | $1.52M |
| Lafleur & godfrey | 35.56K | 0.21% | $1.44M |
| Cornercap investment counsel | 29.19K | 0.19% | $1.18M |
| Shakespeare wealth management | 13.75K | 0.16% | $557.96K |
Top Buyers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| Segall bryant & hamill | 124.92K | 0.09% | 124.92K |
| Aqr capital management | 174.35K | 0.01% | 90.80K |
| Blackrock | 1.56M | 0.00% | 59.13K |
| American century companies | 308.85K | 0.01% | 47.53K |
| Lsv asset management | 260.13K | 0.02% | 34.73K |
Top Sellers
| Holder | Shares | % Assets | Change |
|---|---|---|---|
| First trust advisors lp | 47.32K | 0.00% | -96.79K |
| Stieven capital advisors | - | - | -96.20K |
| Oberweis asset management inc/ | - | - | -89.89K |
| Hillsdale investment management | - | - | -72.15K |
| Banc funds | 337.34K | 1.62% | -57.38K |
New Positions
| Holder | Shares | % Assets | Change | Value |
|---|---|---|---|---|
| Segall bryant & hamill | 124.92K | 0.09% | 124.92K | $5.07M |
| Gsa capital partners llp | 14.27K | 0.04% | 14.27K | $579.00K |
| State of wisconsin investment board | 11.11K | 0.00% | 11.11K | $450.77K |
| Susquehanna fundamental investments | 9.97K | 0.01% | 9.97K | $404.36K |
| Sg americas securities | 9.22K | 0.00% | 9.22K | $374.00K |
Sold Out
| Holder | Change |
|---|---|
| Nelson, van denburg & campbell wealth management group | -2.00 |
| Innealta capital | -4.00 |
| Covestor | -13.00 |
| Ifp advisors | -23.00 |
| First financial corp /in/ | -44.00 |
Institutional Ownership Trends
| Date | Holdings | Change % | Shares | Change % | Ownership | Change % | Increased Position | Change % | Decreased Position | Change % |
|---|---|---|---|---|---|---|---|---|---|---|
| Jun 30, 2024 | 161 | 3.21% | 9,839,258 | 1.70% | 61 | 1.69% | 74 | - | 60 | 9.09% |
| Mar 31, 2024 | 156 | 9.09% | 9,674,422 | 2.42% | 60 | 1.73% | 74 | 4.23% | 55 | 27.91% |
| Dec 31, 2023 | 143 | 8.33% | 9,446,112 | 3.07% | 58 | 1.80% | 71 | 2.90% | 43 | 19.44% |
| Sep 30, 2023 | 132 | 10.00% | 9,165,148 | 1.23% | 57 | 1.79% | 69 | 38.00% | 36 | -21.74% |
| Jun 30, 2023 | 120 | -5.51% | 9,053,868 | -0.44% | 56 | 1.75% | 50 | -21.88% | 46 | 27.78% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| iShares Russell 2000 ETF | 474.81K | 2.94% | -1.06K |
| Vanguard Total Stock Mkt Idx Inv | 441.52K | 2.74% | -9.97K |
| DFA US Small Cap Value I | 315.26K | 1.95% | -5.24K |
| Avantis US Small Cap Value ETF | 298.32K | 1.85% | - |
| Vanguard Institutional Extnd Mkt Idx Tr | 233.43K | 1.45% | 4.52K |
| Tributary Small Cap Equity | 192.17K | 1.19% | 2.55K |
| ProShares Russell 2000 Dividend Growers | 163.92K | 1.02% | - |
| Fidelity Small Cap Index | 161.42K | 1.00% | -4.71K |
| DFA US Targeted Value I | 157.51K | 0.98% | -5.28K |
| Tributary Small Company Instl | 157.27K | 0.97% | - |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Nov 14, 2024 | KAMINSKI ROBERT B | - | Sell | $198.04K |
| Nov 04, 2024 | KAMINSKI ROBERT B | - | Sell | $10.63K |
| Oct 02, 2024 | KAMINSKI ROBERT B | - | Sell | $10.44K |
| Sep 03, 2024 | KAMINSKI ROBERT B | - | Sell | $11.51K |
| Aug 26, 2024 | PRICE MICHAEL H | - | Sell | $91.12K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2024 Q4 | - | 3 |
| 2024 Q3 | - | 8 |
| 2024 Q2 | 4 | - |
| 2024 Q1 | 1 | - |
| 2023 Q4 | - | - |
MBWM Ownership FAQ
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