Mercantile Bank Corp. Major Shareholders & Ownership History
| Major Shareholder Name | Reporting Date | Shares Held | Market Value | Change in Shares | Ownership |
|---|---|---|---|---|---|
| BLACKROCK, INC. | 05/13/2026 | 1.39 M | $70.13 M | -3.49% | 8.54% |
| WELLINGTON MANAGEMENT GROUP LLP | 05/15/2026 | 1.19 M | $60.05 M | 303.32% | 7.31% |
| DIMENSIONAL FUND ADVISORS LP | 05/07/2026 | 1.03 M | $52.16 M | 0.14% | 6.35% |
| 05/15/2026 | 704.32 K | $35.57 M | 100.00% | 4.33% | |
| AMERICAN CENTURY COMPANIES INC | 05/15/2026 | 561.47 K | $28.35 M | 8.41% | 3.45% |
| STATE STREET CORP | 05/15/2026 | 502.47 K | $25.37 M | 12.40% | 3.09% |
| RENAISSANCE TECHNOLOGIES LLC | 05/14/2026 | 472.21 K | $23.85 M | -4.84% | 2.90% |
| GEODE CAPITAL MANAGEMENT, LLC | 05/15/2026 | 435.01 K | $21.97 M | 8.05% | 2.67% |
| NORTH STAR ASSET MANAGEMENT INC | 05/06/2026 | 383.18 K | $19.35 M | 2.31% | 2.36% |
| LSV ASSET MANAGEMENT | 05/11/2026 | 283.19 K | $14.30 M | -4.03% | 1.74% |
| 05/08/2026 | 275.32 K | $13.90 M | 100.00% | 1.69% | |
| NORTHERN TRUST CORP | 05/14/2026 | 232.60 K | $11.75 M | 39.28% | 1.43% |
| TRIBUTARY CAPITAL MANAGEMENT, LLC | 05/04/2026 | 224.63 K | $11.34 M | -2.87% | 1.38% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 05/15/2026 | 191.15 K | $9.65 M | -5.66% | 1.18% |
| TWO SIGMA INVESTMENTS, LP | 05/15/2026 | 181.65 K | $9.17 M | 51.15% | 1.12% |
| JPMORGAN CHASE & CO | 05/13/2026 | 148.86 K | $7.45 M | -23.68% | 0.92% |
| AQR CAPITAL MANAGEMENT LLC | 05/15/2026 | 146.71 K | $7.41 M | -8.05% | 0.90% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 05/15/2026 | 140.45 K | $7.09 M | 5.37% | 0.86% |
| BANC FUNDS CO LLC | 05/14/2026 | 131.16 K | $6.62 M | 0.24% | 0.81% |
| MERCER GLOBAL ADVISORS INC /ADV | 05/15/2026 | 129.26 K | $6.53 M | 17.97% | 0.79% |
| MORGAN STANLEY | 05/15/2026 | 127.24 K | $6.43 M | -20.29% | 0.78% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 05/15/2026 | 126.27 K | $6.38 M | 5.11% | 0.78% |
| PROSHARE ADVISORS LLC | 04/27/2026 | 125.63 K | $6.34 M | -3.42% | 0.77% |
| GOLDMAN SACHS GROUP INC | 05/15/2026 | 112.72 K | $5.69 M | -15.56% | 0.69% |
| VANGUARD FIDUCIARY TRUST CO | 05/08/2026 | 110.26 K | $5.57 M | 100.00% | 0.68% |
| BANK OF NEW YORK MELLON CORP | 05/05/2026 | 92.66 K | $4.68 M | -0.20% | 0.57% |
| SIENA CAPITAL PARTNERS GP, LLC | 05/14/2026 | 83.97 K | $4.24 M | 0.00% | 0.52% |
| EMPOWERED FUNDS, LLC | 06/16/2026 | 78.97 K | $3.99 M | 6.89% | 0.49% |
| DE LISLE PARTNERS LLP | 05/13/2026 | 75.65 K | $3.83 M | 0.00% | 0.47% |
| ENVESTNET ASSET MANAGEMENT INC | 05/04/2026 | 65.90 K | $3.33 M | 4.60% | 0.41% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 05/14/2026 | 64.90 K | $3.28 M | -9.32% | 0.40% |
| JVL ASSOCIATES LLC | 04/16/2026 | 65.51 K | $3.31 M | 8.87% | 0.38% |
| AMERIPRISE FINANCIAL INC | 05/15/2026 | 55.13 K | $2.78 M | -13.56% | 0.34% |
| FRANKLIN RESOURCES INC | 05/13/2026 | 53.08 K | $2.68 M | 165.52% | 0.33% |
| ELIZABETH PARK CAPITAL ADVISORS, LTD. | 05/14/2026 | 50.97 K | $2.57 M | 0.00% | 0.31% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 05/11/2026 | 48.85 K | $2.47 M | -7.42% | 0.30% |
| RAYMOND JAMES FINANCIAL INC | 05/14/2026 | 48.16 K | $2.43 M | 7.71% | 0.30% |
| JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC. | 04/24/2026 | 45.00 K | $2.27 M | 0.00% | 0.28% |
| BANK OF AMERICA CORP /DE/ | 05/18/2026 | 36.78 K | $1.86 M | 30.99% | 0.23% |
| CREATIVE PLANNING | 05/12/2026 | 36.38 K | $1.84 M | 5.61% | 0.22% |
| UBS GROUP AG | 05/05/2026 | 35.64 K | $1.80 M | 26.85% | 0.22% |
| WELLS FARGO & COMPANY/MN | 05/11/2026 | 32.76 K | $1.65 M | -26.04% | 0.20% |
| LAFLEUR & GODFREY LLC | 05/04/2026 | 31.50 K | $1.59 M | 7.75% | 0.19% |
| NUVEEN, LLC | 04/30/2026 | 30.86 K | $1.56 M | 0.50% | 0.19% |
| SWISS NATIONAL BANK | 05/07/2026 | 30.40 K | $1.54 M | 0.00% | 0.19% |
| CITADEL ADVISORS LLC | 05/15/2026 | 28.93 K | $1.46 M | -21.24% | 0.18% |
| QUANTINNO CAPITAL MANAGEMENT LP | 05/15/2026 | 26.73 K | $1.35 M | 39.28% | 0.16% |
| RMB CAPITAL MANAGEMENT, LLC | 05/15/2026 | 26.65 K | $1.35 M | 100.00% | 0.16% |
| ADVISOR GROUP HOLDINGS, INC. | 05/15/2026 | 25.35 K | $1.28 M | 2.12% | 0.16% |
| UBS ASSET MANAGEMENT AMERICAS INC | 05/13/2026 | 24.30 K | $1.23 M | 3.20% | 0.15% |
Mercantile Bank Corp. institutional Ownership - FAQ's
During the previous two years, 257 institutional investors and hedge funds held shares of Mercantile Bank Corp.. The most heavily invested institutionals were:
BlackRock, Inc.: 1.39 M
WELLINGTON MANAGEMENT GROUP LLP: 1.19 M
DIMENSIONAL FUND ADVISORS LP: 1.03 M
AMERICAN CENTURY COMPANIES INC: 561,467
STATE STREET CORP: 502,468
RENAISSANCE TECHNOLOGIES LLC: 472,213
67.82% of Mercantile Bank Corp. stock is owned by institutional investors.
Institutional investors have bought a total of 14.80 M shares in the last 24 months. This purchase volume represents approximately $741.64 M in transactions.