MBWM Institutional Ownership & Shareholders
MERCANTILE BANK CORP (MBWM) is currently held by 210 institutional investors tracked by InsiderSet, with a combined reported market value of approximately $686.02M based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026.
Blackrock, Inc. is currently the largest disclosed institutional shareholder of MBWM tracked by InsiderSet, reporting ownership valued at approximately $88.10M in its June 30, 2026 SEC Form 13F filing. Based on current market prices and the latest disclosed share count, the position is now estimated to be worth approximately $93.90M, representing an estimated gain of +6.58% since the filing period.
The top 10 institutional shareholders tracked on this page collectively account for approximately 60% of the total disclosed MBWM value among the investors covered in this analysis. Major shareholders include Blackrock, Inc., Wellington Management Group Llp, Dimensional Fund Advisors Lp, and several other long-term asset managers with concentrated positions in MERCANTILE BANK CORP (MBWM).
This page ranks the largest institutional MBWM shareholders using publicly disclosed SEC Form 13F data, including reported values, estimated current holding values, portfolio allocation percentages, ownership concentration metrics, and historical holding changes across major hedge funds and investment firms.
Institutional Holders
210
Total Reported Value
$686.02M
Largest Holder
Blackrock, Inc.
Largest Position
$88.10M
Insider Transactions (90d)
1
Latest Filing Quarter
Q2 2026
New Institutional Positions
56
Funds Exiting Positions
0
| Name | Investor/Manager | Portfolio % | Quantity | Reported Balance | Current Estimated Value | Gain/loss Since Filing | Estimated Portfolio Performance |
|---|---|---|---|---|---|---|---|
| Blackrock, Inc. | 0.00% | 1,534,392 | $88,104,779 | $93,904,790 | +$5,800,011 | +6.58% | |
| Wellington Management Group Llp | 0.01% | 1,087,998 | $62,472,846 | $66,585,478 | +$4,112,632 | +6.58% | |
| Dimensional Fund Advisors Lp | 0.01% | 1,046,841 | $60,109,441 | $64,066,669 | +$3,957,228 | +6.58% | |
| Vanguard Capital Management Llc | 0.00% | 735,613 | $42,238,898 | $45,019,516 | +$2,780,618 | +6.58% | |
| American Century Companies Inc | 0.02% | 625,015 | $35,888,361 | $38,250,918 | +$2,362,557 | +6.58% | |
| State Street Corp | 0.00% | 598,641 | $34,373,966 | $36,636,829 | +$2,262,863 | +6.58% | |
| Geode Capital Management, Llc | 0.00% | 466,410 | $26,786,809 | $28,544,292 | +$1,757,483 | +6.56% | |
| Renaissance Technologies LLC | Jim Simons | 0.04% | 446,613 | $25,644,518 | $27,332,716 | +$1,688,198 | +6.58% |
| North Star Asset Management Inc | 0.85% | 377,427 | $21,671,858 | $23,098,532 | +$1,426,674 | +6.58% | |
| Vanguard Portfolio Management Llc | 0.00% | 290,093 | $16,657,140 | $17,753,692 | +$1,096,552 | +6.58% | |
| Lsv Asset Management | 0.03% | 280,786 | $16,123,000 | $17,184,103 | +$1,061,103 | +6.58% | |
| Northern Trust Corp | 0.00% | 240,668 | $13,819,156 | $14,728,882 | +$909,726 | +6.58% | |
| Two Sigma Investments, Lp | 0.01% | 213,740 | $12,272,951 | $13,080,888 | +$807,937 | +6.58% | |
| Tributary Capital Management, Llc | 1.12% | 209,170 | $12,198,811 | $12,801,204 | +$602,393 | +4.94% | |
| Hotchkis & Wiley Capital Management Llc | 0.03% | 192,503 | $11,053,522 | $11,781,184 | +$727,662 | +6.58% | |
| Charles Schwab Investment Management Inc | 0.00% | 144,188 | $8,279,275 | $8,824,306 | +$545,031 | +6.58% | |
| Jpmorgan Chase & Co | 0.00% | 140,097 | $8,009,346 | $8,573,936 | +$564,590 | +7.05% | |
| Aqr Capital Management Llc | 0.00% | 137,726 | $7,908,199 | $8,428,831 | +$520,632 | +6.58% | |
| Banc Funds Co Llc | 1.24% | 131,160 | $7,531,207 | $8,026,992 | +$495,785 | +6.58% | |
| Mercer Global Advisors Inc | 0.01% | 127,923 | $7,345,317 | $7,828,888 | +$483,571 | +6.58% | |
| Morgan Stanley | 0.00% | 123,030 | $7,064,427 | $7,529,436 | +$465,009 | +6.58% | |
| Vanguard Fiduciary Trust Co | 0.00% | 112,722 | $6,472,497 | $6,898,586 | +$426,089 | +6.58% | |
| Goldman Sachs Group Inc | 0.00% | 101,031 | $5,801,219 | $6,183,097 | +$381,878 | +6.58% | |
| Bank Of New York Mellon Corp | 0.00% | 98,102 | $5,632,993 | $6,003,842 | +$370,849 | +6.58% | |
| Rhino Investment Partners, Inc | 1.63% | 93,925 | $5,393,174 | $5,748,210 | +$355,036 | +6.58% | |
| Citadel Advisors Llc | 0.00% | 93,094 | $5,345,458 | $5,697,353 | +$351,895 | +6.58% | |
| Siena Capital Partners Gp, Llc | 1.17% | 83,966 | $4,822,167 | $5,138,719 | +$316,552 | +6.56% | |
| De Lisle Partners Llp | 0.47% | 75,649 | $4,346,262 | $4,629,719 | +$283,457 | +6.52% | |
| Jvl Associates Llc | 1.13% | 67,194 | $3,918,754 | $4,112,273 | +$193,519 | +4.94% | |
| Arrowstreet Capital, Limited Partnership | 0.00% | 64,904 | $3,726,788 | $3,972,125 | +$245,337 | +6.58% | |
| Envestnet Asset Management Inc | 0.00% | 62,019 | $3,561,130 | $3,795,563 | +$234,433 | +6.58% | |
| Maltese Capital Management Llc | 0.63% | 60,000 | $3,445,200 | $3,672,000 | +$226,800 | +6.58% | |
| Ameriprise Financial Inc | 0.00% | 55,186 | $3,168,780 | $3,377,383 | +$208,603 | +6.58% | |
| Elizabeth Park Capital Advisors, Ltd. | 2.02% | 50,971 | $2,926,755 | $3,119,425 | +$192,670 | +6.58% | |
| Hrt Financial Lp | 0.01% | 48,934 | $2,809,000 | $2,994,761 | +$185,761 | +6.61% | |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | 48,392 | $2,778,669 | $2,961,590 | +$182,921 | +6.58% | |
| Raymond James Financial Inc | 0.00% | 47,323 | $2,717,287 | $2,896,168 | +$178,881 | +6.58% | |
| Rosenthal {-} Henry Capital Advisors, Inc. | 2.41% | 45,000 | $2,624,400 | $2,754,000 | +$129,600 | +4.94% | |
| Creative Planning | 0.00% | 43,357 | $2,528,551 | $2,653,448 | +$124,897 | +4.94% | |
| Wells Fargo & Company/Mn | 0.00% | 40,984 | $2,353,299 | $2,508,221 | +$154,922 | +6.58% | |
| Bridgeway Capital Management, Llc | 0.04% | 40,972 | $2,352,612 | $2,507,486 | +$154,874 | +6.58% | |
| Quantinno Capital Management Lp | 0.00% | 40,940 | $2,350,775 | $2,505,528 | +$154,753 | +6.58% | |
| Nuveen, Llc | 0.00% | 39,563 | $2,271,708 | $2,421,256 | +$149,548 | +6.58% | |
| Swiss National Bank | 0.00% | 32,900 | $1,889,118 | $2,013,480 | +$124,362 | +6.58% | |
| Empowered Funds, Llc | 0.01% | 30,969 | $1,778,240 | $1,895,303 | +$117,063 | +6.58% | |
| Lafleur & Godfrey Llc | 0.21% | 29,302 | $1,708,887 | $1,793,282 | +$84,395 | +4.94% | |
| Abundance Wealth Counselors | 0.23% | 28,011 | $1,633,602 | $1,714,273 | +$80,671 | +4.94% | |
| Curi Capital, Llc | 0.02% | 26,654 | $1,530,474 | $1,631,225 | +$100,751 | +6.58% | |
| Ubs Group Ag | 0.00% | 26,490 | $1,521,055 | $1,621,188 | +$100,133 | +6.58% | |
| Osaic Holdings, Inc. | 0.00% | 25,270 | $1,451,116 | $1,546,524 | +$95,408 | +6.57% |
Frequently asked questions about MBWM
Who are the largest institutional holders of MBWM?
The largest institutional holders of MBWM reported in the latest SEC Form 13F filings include Blackrock, Inc., Wellington Management Group Llp, Dimensional Fund Advisors Lp, Vanguard Capital Management Llc, and American Century Companies Inc. InsiderSet ranks institutional holders by their latest reported MBWM position.
What is MBWM institutional ownership?
This page tracks MBWM positions reported by institutional investment managers through SEC Form 13F. MERCANTILE BANK CORP (MBWM) institutional ownership on InsiderSet reflects disclosed 13F holdings among the managers we analyze, not every shareholder of the stock.
How many institutions own MBWM?
InsiderSet currently tracks 210 institutional managers reporting MBWM holdings in the latest available 13F data. This count reflects institutions included in the SEC Form 13F filings analyzed by InsiderSet and should not be interpreted as the total number of MBWM shareholders.
How much MBWM stock do institutions own?
Institutional investment managers disclosed approximately $686.02M in MBWM holdings for Q2 2026. This figure is reported 13F value as of the filing period, not necessarily today's market value.
When was MBWM institutional ownership last updated?
The latest MBWM institutional ownership data on InsiderSet is based on SEC Form 13F filings for the quarter ended June 30, 2026. Form 13F filings are generally reported after the quarter ends, so the holdings shown represent the latest publicly disclosed positions rather than real-time institutional holdings.
Are institutional MBWM holdings real-time?
No. Form 13F data is not real-time. It represents positions reported by institutional investment managers as of the end of the reporting quarter. An institution may have changed its MBWM position after the reporting date.
Are institutions buying or selling MBWM?
Institutional buying and selling can be analyzed by comparing MBWM positions across consecutive 13F reporting periods. InsiderSet's MBWM Ownership Changes page shows institutions that increased, reduced, initiated, or exited positions based on reported 13F holdings. View MBWM ownership changes.
How has MBWM institutional ownership changed over time?
InsiderSet tracks MBWM institutional holdings across multiple 13F reporting periods, allowing investors to compare institutional holder counts, reported value, and reported shares over time.