MERCANTILE BANK CORP (MBWM) Institutional Shareholders
MERCANTILE BANK CORP (MBWM) is currently reported in institutional portfolios tracked by InsiderSet based on the latest available SEC Form 13F filings for the quarter ended June 30, 2026. The institutional investors covered on this page collectively reported approximately $685.39M in MBWM holdings during the latest filing period.
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 $92.11M, representing an estimated gain of +4.55% 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
202
Total Reported Value
$685.39M
Largest Holder
Blackrock, Inc.
Largest Position
$88.10M
Insider Transactions (90d)
0
Latest Filing Quarter
Q2 2026
New Institutional Positions
54
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 | $92,109,552 | +$4,004,773 | +4.55% | |
| Wellington Management Group Llp | 0.01% | 1,087,998 | $62,472,846 | $65,312,520 | +$2,839,674 | +4.55% | |
| Dimensional Fund Advisors Lp | 0.01% | 1,046,841 | $60,109,441 | $62,841,865 | +$2,732,424 | +4.55% | |
| Vanguard Capital Management Llc | 0.00% | 735,613 | $42,238,898 | $44,158,848 | +$1,919,950 | +4.55% | |
| American Century Companies Inc | 0.02% | 625,015 | $35,888,361 | $37,519,650 | +$1,631,289 | +4.55% | |
| State Street Corp | 0.00% | 598,641 | $34,373,966 | $35,936,419 | +$1,562,453 | +4.55% | |
| Geode Capital Management, Llc | 0.00% | 466,410 | $26,786,809 | $27,998,592 | +$1,211,783 | +4.52% | |
| Renaissance Technologies LLC | Jim Simons | 0.04% | 446,613 | $25,644,518 | $26,810,178 | +$1,165,660 | +4.55% |
| North Star Asset Management Inc | 0.85% | 377,427 | $21,671,858 | $22,656,943 | +$985,085 | +4.55% | |
| Vanguard Portfolio Management Llc | 0.00% | 290,093 | $16,657,140 | $17,414,283 | +$757,143 | +4.55% | |
| Lsv Asset Management | 0.03% | 280,786 | $16,123,000 | $16,855,584 | +$732,584 | +4.54% | |
| Northern Trust Corp | 0.00% | 240,668 | $13,819,156 | $14,447,300 | +$628,144 | +4.55% | |
| Tributary Capital Management, Llc | 1.03% | 218,146 | $12,525,959 | $13,095,304 | +$569,345 | +4.55% | |
| Two Sigma Investments, Lp | 0.01% | 213,740 | $12,272,951 | $12,830,812 | +$557,861 | +4.55% | |
| Hotchkis & Wiley Capital Management Llc | 0.03% | 192,503 | $11,053,522 | $11,555,955 | +$502,433 | +4.55% | |
| Charles Schwab Investment Management Inc | 0.00% | 144,188 | $8,279,275 | $8,655,606 | +$376,331 | +4.55% | |
| Jpmorgan Chase & Co | 0.00% | 140,097 | $8,009,346 | $8,410,023 | +$400,677 | +5.00% | |
| Aqr Capital Management Llc | 0.00% | 137,726 | $7,908,199 | $8,267,692 | +$359,493 | +4.55% | |
| Banc Funds Co Llc | 1.24% | 131,160 | $7,531,207 | $7,873,535 | +$342,328 | +4.55% | |
| Mercer Global Advisors Inc | 0.01% | 127,923 | $7,345,317 | $7,679,218 | +$333,901 | +4.55% | |
| Morgan Stanley | 0.00% | 123,030 | $7,064,427 | $7,385,491 | +$321,064 | +4.54% | |
| Vanguard Fiduciary Trust Co | 0.00% | 112,722 | $6,472,497 | $6,766,702 | +$294,205 | +4.55% | |
| Goldman Sachs Group Inc | 0.00% | 101,031 | $5,801,219 | $6,064,891 | +$263,672 | +4.55% | |
| Bank Of New York Mellon Corp | 0.00% | 98,102 | $5,632,993 | $5,889,063 | +$256,070 | +4.55% | |
| Rhino Investment Partners, Inc | 1.63% | 93,925 | $5,393,174 | $5,638,318 | +$245,144 | +4.55% | |
| Citadel Advisors Llc | 0.00% | 93,094 | $5,345,458 | $5,588,433 | +$242,975 | +4.55% | |
| Siena Capital Partners Gp, Llc | 1.17% | 83,966 | $4,822,167 | $5,040,479 | +$218,312 | +4.53% | |
| De Lisle Partners Llp | 0.47% | 75,649 | $4,346,262 | $4,541,209 | +$194,947 | +4.49% | |
| Jvl Associates Llc | 1.09% | 67,194 | $3,858,279 | $4,033,656 | +$175,377 | +4.55% | |
| Arrowstreet Capital, Limited Partnership | 0.00% | 64,904 | $3,726,788 | $3,896,187 | +$169,399 | +4.55% | |
| Envestnet Asset Management Inc | 0.00% | 62,019 | $3,561,130 | $3,723,001 | +$161,871 | +4.55% | |
| Maltese Capital Management Llc | 0.63% | 60,000 | $3,445,200 | $3,601,800 | +$156,600 | +4.55% | |
| Abundance Wealth Counselors | 0.21% | 56,181 | $3,225,913 | $3,372,545 | +$146,632 | +4.55% | |
| Ameriprise Financial Inc | 0.00% | 55,186 | $3,168,780 | $3,312,816 | +$144,036 | +4.55% | |
| Elizabeth Park Capital Advisors, Ltd. | 2.02% | 50,971 | $2,926,755 | $3,059,789 | +$133,034 | +4.55% | |
| Hrt Financial Lp | 0.01% | 48,934 | $2,809,000 | $2,937,508 | +$128,508 | +4.57% | |
| Connor, Clark & Lunn Investment Management Ltd. | 0.01% | 48,392 | $2,778,669 | $2,904,972 | +$126,303 | +4.55% | |
| Raymond James Financial Inc | 0.00% | 47,323 | $2,717,287 | $2,840,800 | +$123,513 | +4.55% | |
| Rosenthal {-} Henry Capital Advisors, Inc. | 2.26% | 45,000 | $2,583,900 | $2,701,350 | +$117,450 | +4.55% | |
| Wells Fargo & Company/Mn | 0.00% | 40,984 | $2,353,299 | $2,460,270 | +$106,971 | +4.55% | |
| Bridgeway Capital Management, Llc | 0.04% | 40,972 | $2,352,612 | $2,459,549 | +$106,937 | +4.55% | |
| Quantinno Capital Management Lp | 0.00% | 40,940 | $2,350,775 | $2,457,628 | +$106,853 | +4.55% | |
| Nuveen, Llc | 0.00% | 39,563 | $2,271,708 | $2,374,967 | +$103,259 | +4.55% | |
| Swiss National Bank | 0.00% | 32,900 | $1,889,118 | $1,974,987 | +$85,869 | +4.55% | |
| Empowered Funds, Llc | 0.01% | 30,969 | $1,778,240 | $1,859,069 | +$80,829 | +4.55% | |
| Lafleur & Godfrey Llc | 0.21% | 30,595 | $1,756,779 | $1,836,618 | +$79,839 | +4.54% | |
| Curi Capital, Llc | 0.02% | 26,654 | $1,530,474 | $1,600,040 | +$69,566 | +4.55% | |
| Ubs Group Ag | 0.00% | 26,490 | $1,521,055 | $1,590,195 | +$69,140 | +4.55% | |
| Osaic Holdings, Inc. | 0.00% | 25,270 | $1,451,116 | $1,516,958 | +$65,842 | +4.54% | |
| Bank Of America Corp | 0.00% | 24,033 | $1,379,975 | $1,442,701 | +$62,726 | +4.55% |
Frequently asked questions about MBWM
Who owns the most MBWM stock?
The largest holders of MBWM are typically major institutional investors such as asset managers and hedge funds reporting on Form 13F. The table above ranks tracked superinvestors by reported position size using the latest available filings for MERCANTILE BANK CORP (MBWM).
Is MBWM widely held by superinvestors?
Many widely followed stocks like MBWM appear across numerous superinvestor portfolios because of liquidity, index inclusion, and fundamentals. The holder count and table above show how broadly MBWM is represented among the institutional managers we track.
What do “Current Estimated Value”, “Gain/loss Since Filing”, and “Estimated Portfolio Performance” mean?
Current Estimated Value is reported share quantity from the latest 13F times our most recent split-adjusted U.S. session close. Gain/loss Since Filing is that estimate minus the reported 13F dollar value; Estimated Portfolio Performance is that difference as a percent of the reported value. Green means the estimate is above the filing value; red means below (not purchase cost). If many filers share the same implied filing price per share, the performance % may match across rows. These are not official fund marks or live quotes.