Mercantile Bank Ownership | Who Owns Mercantile Bank?
Mercantile Bank Ownership Summary
Mercantile Bank is owned by 61.83% institutional investors, 3.24% insiders, and 34.93% retail investors. Blackrock is the largest institutional shareholder, holding 9.69% of MBWM shares. iShares Russell 2000 ETF is the top mutual fund, with 2.92% of its assets in Mercantile Bank shares.
MBWM Ownership Benchmark
| Type | Name | % Inst | % Insiders | % Retail |
|---|---|---|---|---|
| Stock | Mercantile Bank | 61.83% | 3.24% | 34.93% |
| Sector | Financial Services Stocks | 86.48% | 14.02% | -0.50% |
| Industry | Regional Banks Stocks | 51.80% | 12.03% | 36.18% |
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 |
| Tributary capital management | 287.49K | 1.78% | $12.79M |
Top Institutional Shareholders by % of Total Assets
| Holder | Shares | % Assets | Value |
|---|---|---|---|
| John w. rosenthal capital management | 45.00K | 1.85% | $2.00M |
| Banc funds | 337.34K | 1.62% | $13.69M |
| Jvl associates | 62.03K | 1.05% | $2.76M |
| Tributary capital management | 287.49K | 0.99% | $12.79M |
| 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 | 35.28K | 0.22% | $1.57M |
| 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 |
| Assenagon asset management | 81.94K | 0.01% | 81.94K |
| Blackrock | 1.56M | 0.00% | 59.13K |
| American century companies | 308.85K | 0.01% | 47.53K |
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 % |
|---|---|---|---|---|---|---|---|---|---|---|
| Sep 30, 2024 | 163 | 0.62% | 9,978,859 | 1.42% | 61 | 1.66% | 75 | - | 50 | -16.67% |
| 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% |
Top Mutual Funds Shareholders
| Holder | Shares | % Holding | Change |
|---|---|---|---|
| iShares Russell 2000 ETF | 471.06K | 2.92% | -13.62K |
| Vanguard Total Stock Mkt Idx Inv | 437.06K | 2.71% | 1.83K |
| Avantis US Small Cap Value ETF | 316.20K | 1.96% | 112.00 |
| DFA US Small Cap Value I | 288.57K | 1.79% | -5.27K |
| Vanguard Institutional Extnd Mkt Idx Tr | 241.56K | 1.50% | 7.38K |
| Tributary Small Cap Equity | 217.47K | 1.35% | 26.00K |
| Tributary Small Company Instl | 179.42K | 1.11% | 20.81K |
| Fidelity Small Cap Index | 161.54K | 1.00% | 1.01K |
| iShares Russell 2000 Value ETF | 158.07K | 0.98% | -4.41K |
| ProShares Russell 2000 Dividend Growers | 152.24K | 0.94% | - |
Recent Insider Transactions
| Date | Name | Role | Activity | Value |
|---|---|---|---|---|
| Jan 24, 2025 | KAMINSKI ROBERT B | - | Sell | $147.42K |
| Jan 27, 2025 | KAMINSKI ROBERT B | - | Sell | $150.48K |
| Jan 02, 2025 | KAMINSKI ROBERT B | - | Sell | $11.15K |
| Dec 02, 2024 | KAMINSKI ROBERT B | - | Sell | $12.40K |
| Nov 25, 2024 | KAMINSKI ROBERT B | - | Sell | $300.15K |
Insider Transactions Trends
| Date | Buy | Sell |
|---|---|---|
| 2024 Q4 | - | 5 |
| 2024 Q3 | - | 8 |
| 2024 Q2 | 4 | - |
| 2024 Q1 | 1 | - |
| 2023 Q4 | - | - |
MBWM Ownership FAQ
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