Mercantile Bank Corp. Major Shareholders & Ownership History
| Major Shareholder Name | Reporting Date | Shares Held | Market Value | Change in Shares | Ownership |
|---|---|---|---|---|---|
| BLACKROCK, INC. | 08/07/2026 | 1.53 M | $88.10 M | 10.49% | 8.89% |
| WELLINGTON MANAGEMENT GROUP LLP | 08/14/2026 | 1.09 M | $62.47 M | -8.50% | 6.30% |
| DIMENSIONAL FUND ADVISORS LP | 08/11/2026 | 1.05 M | $60.11 M | 1.35% | 6.07% |
| VANGUARD CAPITAL MANAGEMENT LLC | 08/13/2026 | 735.61 K | $42.24 M | 4.44% | 4.26% |
| AMERICAN CENTURY COMPANIES INC | 08/12/2026 | 625.02 K | $35.89 M | 11.32% | 3.62% |
| STATE STREET CORP | 08/07/2026 | 598.64 K | $34.37 M | 19.14% | 3.47% |
| GEODE CAPITAL MANAGEMENT, LLC | 08/12/2026 | 466.41 K | $26.79 M | 7.22% | 2.70% |
| RENAISSANCE TECHNOLOGIES LLC | 08/13/2026 | 446.61 K | $25.64 M | -5.42% | 2.59% |
| NORTH STAR ASSET MANAGEMENT INC | 08/18/2026 | 377.43 K | $21.67 M | -1.50% | 2.19% |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 08/13/2026 | 290.09 K | $16.66 M | 5.37% | 1.68% |
| LSV ASSET MANAGEMENT | 08/06/2026 | 280.79 K | $16.12 M | -0.85% | 1.63% |
| NORTHERN TRUST CORP | 08/13/2026 | 240.67 K | $13.82 M | 3.47% | 1.39% |
| TRIBUTARY CAPITAL MANAGEMENT, LLC | 07/23/2026 | 218.15 K | $12.53 M | -2.89% | 1.26% |
| TWO SIGMA INVESTMENTS, LP | 08/14/2026 | 213.74 K | $12.27 M | 17.67% | 1.24% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 08/14/2026 | 192.50 K | $11.05 M | 0.71% | 1.12% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 08/14/2026 | 144.19 K | $8.28 M | 2.66% | 0.84% |
| SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. | 08/14/2026 | 144.19 K | $8.28 M | 100.00% | 0.84% |
| JPMORGAN CHASE & CO | 08/12/2026 | 140.10 K | $8.01 M | -5.89% | 0.81% |
| AQR CAPITAL MANAGEMENT LLC | 08/14/2026 | 137.73 K | $7.91 M | -6.13% | 0.80% |
| BANC FUNDS CO LLC | 08/13/2026 | 131.16 K | $7.53 M | 0.00% | 0.76% |
| MERCER GLOBAL ADVISORS INC /ADV | 08/19/2026 | 127.92 K | $7.35 M | -1.03% | 0.74% |
| MORGAN STANLEY | 08/13/2026 | 123.03 K | $7.06 M | -3.31% | 0.71% |
| VANGUARD FIDUCIARY TRUST CO | 08/13/2026 | 112.72 K | $6.47 M | 2.23% | 0.65% |
| GOLDMAN SACHS GROUP INC | 08/14/2026 | 101.03 K | $5.80 M | -10.37% | 0.59% |
| BANK OF NEW YORK MELLON CORP | 08/06/2026 | 98.10 K | $5.63 M | 5.87% | 0.57% |
| RHINO INVESTMENT PARTNERS, INC | 08/14/2026 | 93.93 K | $5.39 M | 100.00% | 0.54% |
| CITADEL ADVISORS LLC | 09/02/2026 | 93.09 K | $5.35 M | 221.76% | 0.54% |
| SIENA CAPITAL PARTNERS GP, LLC | 08/14/2026 | 83.97 K | $4.82 M | 0.00% | 0.49% |
| DE LISLE PARTNERS LLP | 08/12/2026 | 75.65 K | $4.35 M | 0.00% | 0.44% |
| JVL ASSOCIATES LLC | 07/06/2026 | 67.19 K | $3.86 M | 2.57% | 0.39% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 08/13/2026 | 64.90 K | $3.73 M | 0.00% | 0.38% |
| ENVESTNET ASSET MANAGEMENT INC | 08/03/2026 | 62.02 K | $3.56 M | -5.89% | 0.36% |
| MALTESE CAPITAL MANAGEMENT LLC | 08/14/2026 | 60.00 K | $3.45 M | 100.00% | 0.35% |
| ABUNDANCE WEALTH COUNSELORS | 07/23/2026 | 56.18 K | $3.23 M | 100.00% | 0.33% |
| FRANKLIN RESOURCES INC | 08/13/2026 | 55.46 K | $3.18 M | 4.48% | 0.32% |
| AMERIPRISE FINANCIAL INC | 08/14/2026 | 55.19 K | $3.17 M | 0.11% | 0.32% |
| ELIZABETH PARK CAPITAL ADVISORS, LTD. | 08/13/2026 | 50.97 K | $2.93 M | 0.00% | 0.30% |
| HRT FINANCIAL LP | 08/14/2026 | 48.93 K | $2.81 M | 100.00% | 0.28% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 08/13/2026 | 48.39 K | $2.78 M | -0.94% | 0.28% |
| RAYMOND JAMES FINANCIAL INC | 08/14/2026 | 47.32 K | $2.72 M | -1.74% | 0.27% |
| JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC. | 07/28/2026 | 45.00 K | $2.58 M | 0.00% | 0.26% |
| WELLS FARGO & COMPANY/MN | 08/14/2026 | 40.98 K | $2.35 M | 25.12% | 0.24% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 08/14/2026 | 40.97 K | $2.35 M | -67.55% | 0.24% |
| QUANTINNO CAPITAL MANAGEMENT LP | 08/13/2026 | 40.94 K | $2.35 M | 53.15% | 0.24% |
| NUVEEN, LLC | 08/11/2026 | 39.56 K | $2.27 M | 28.22% | 0.23% |
| CREATIVE PLANNING | 08/13/2026 | 39.20 K | $2.25 M | 7.75% | 0.23% |
| SWISS NATIONAL BANK | 08/11/2026 | 32.90 K | $1.89 M | 8.22% | 0.19% |
| EMPOWERED FUNDS, LLC | 08/17/2026 | 30.97 K | $1.78 M | -60.78% | 0.18% |
| LAFLEUR & GODFREY LLC | 07/15/2026 | 30.60 K | $1.76 M | -2.87% | 0.18% |
| RMB CAPITAL MANAGEMENT, LLC | 08/14/2026 | 26.65 K | $1.53 M | 0.00% | 0.15% |
Mercantile Bank Corp. institutional Ownership - FAQ's
During the previous two years, 283 institutional investors and hedge funds held shares of Mercantile Bank Corp.. The most heavily invested institutionals were:
BlackRock, Inc.: 1.53 M
WELLINGTON MANAGEMENT GROUP LLP: 1.09 M
DIMENSIONAL FUND ADVISORS LP: 1.05 M
VANGUARD CAPITAL MANAGEMENT LLC: 735,613
AMERICAN CENTURY COMPANIES INC: 625,015
STATE STREET CORP: 598,641
70.60% of Mercantile Bank Corp. stock is owned by institutional investors.
Institutional investors have bought a total of 16.32 M shares in the last 24 months. This purchase volume represents approximately $817.73 M in transactions.