MERCANTILE BANK CORP - Common Stock (MBWM)

CUSIP: 587376104

Q3 2025 13F Holders as of 30 Sep 2025

Type / Class
Equity / Common Stock
Shares outstanding
17,232,333
Total 13F shares
10,615,170
Share change
+171,608
Total reported value
$477,695,297
Price per share
$45.00
Number of holders
198
Value change
+$7,571,481
Number of buys
101
Number of sells
76

Security key

587376104

Report period

Q3 2025

Institutions

198

Top holders

10

Top shareholders of MBWM - MERCANTILE BANK CORP - Common Stock (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Ownership % is shown only when it is directly reported or safely comparable across share classes.

Methodology: rows are grouped by holder and ranked by the holder's primary source value. indicates unavailable or non-comparable values; "mixed-class rows" means the latest filing spans non-comparable classes.
Holder Source Role / Reporting Ownership % Shares Holdings Value 12M Net Δ As of Details
BlackRock, Inc.
13F 13D/G
Company
7.5%
from 13D/G
1,507,431
$69,959,874 30 Jun 2025
DIMENSIONAL FUND ADVISORS LP
13F
Company
6.2%
1,062,762
$49,322,919 30 Jun 2025
13F
VANGUARD GROUP INC
13F
Company
6%
1,039,359
$48,236,651 30 Jun 2025
13F
RENAISSANCE TECHNOLOGIES LLC
13F
Company
2.8%
485,313
$22,523,376 30 Jun 2025
13F
AMERICAN CENTURY COMPANIES INC
13F
Company
2.6%
452,827
$21,015,701 30 Jun 2025
13F
STATE STREET CORP
13F
Company
2.5%
429,584
$19,936,993 30 Jun 2025
13F
GEODE CAPITAL MANAGEMENT, LLC
13F
Company
2.4%
405,863
$18,838,801 30 Jun 2025
13F
NORTH STAR ASSET MANAGEMENT INC
13F
Company
2.1%
356,538
$16,546,929 30 Jun 2025
13F
LSV ASSET MANAGEMENT
13F
Company
1.8%
318,186
$14,767,000 30 Jun 2025
13F
Tributary Capital Management, LLC
13F
Company
1.5%
258,209
$11,983,493 30 Jun 2025
13F
BANC FUNDS CO LLC
13F
Company
1.1%
195,152
$9,057,004 30 Jun 2025
13F
NORTHERN TRUST CORP
13F
Company
1%
176,536
$8,193,036 30 Jun 2025
13F
JPMORGAN CHASE & CO
13F
Company
0.9%
155,904
$7,235,504 30 Jun 2025
13F
MILLENNIUM MANAGEMENT LLC
13F
Company
0.86%
148,010
$6,869,144 30 Jun 2025
13F
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
13F
Company
0.86%
147,340
$6,838,049 30 Jun 2025
13F
ProShare Advisors LLC
13F
Company
0.8%
138,480
$6,426,857 30 Jun 2025
13F
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
13F
Company
0.77%
132,851
$6,165,615 30 Jun 2025
13F
MORGAN STANLEY
13F
Company
0.66%
113,777
$5,280,462 30 Jun 2025
13F
AQR CAPITAL MANAGEMENT LLC
13F
Company
0.64%
109,518
$5,082,733 30 Jun 2025
13F
BRIDGEWAY CAPITAL MANAGEMENT, LLC
13F
Company
0.62%
107,642
$4,995,665 30 Jun 2025
13F
MERCER GLOBAL ADVISORS INC /ADV
13F
Company
0.62%
106,393
$4,937,682 30 Jun 2025
13F
MALTESE CAPITAL MANAGEMENT LLC
13F
Company
0.58%
100,000
$4,641,000 30 Jun 2025
13F
Bank of New York Mellon Corp
13F
Company
0.55%
95,512
$4,432,718 30 Jun 2025
13F
Robert B. Kaminski
3/4/5
Director
0.52%
89,796
$3,800,149 02 May 2025
GOLDMAN SACHS GROUP INC
13F
Company
0.47%
81,379
$3,776,815 30 Jun 2025
13F
ENVESTNET ASSET MANAGEMENT INC
13F
Company
0.46%
79,031
$3,667,806 30 Jun 2025
13F
De Lisle Partners LLP
13F
Company
0.43%
74,290
$3,444,747 30 Jun 2025
13F
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
13F
Company
0.42%
71,576
$3,321,842 30 Jun 2025
13F
AMERIPRISE FINANCIAL INC
13F
Company
0.41%
70,082
$3,252,506 30 Jun 2025
13F
Nuveen, LLC
13F
Company
0.4%
68,900
$3,197,649 30 Jun 2025
13F
jvl associates llc
13F
Company
0.36%
61,956
$2,875,378 30 Jun 2025
13F
Empowered Funds, LLC
13F
Company
0.35%
60,342
$2,800,472 30 Jun 2025
13F
ROYAL BANK OF CANADA
13F
Company
0.35%
60,011
$2,786,000 30 Jun 2025
13F
Connor, Clark & Lunn Investment Management Ltd.
13F
Company
0.33%
56,398
$2,617,431 30 Jun 2025
13F
Qube Research & Technologies Ltd
13F
Company
0.3%
52,195
$2,422,370 30 Jun 2025
13F
TUDOR INVESTMENT CORP ET AL
13F
Company
0.3%
51,972
$2,412,021 30 Jun 2025
13F
Rosenthal | Henry Capital Advisors, Inc.
13F
Company
0.26%
45,000
$2,088,450 30 Jun 2025
13F
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC
13F
Company
0.24%
41,970
$1,947,828 30 Jun 2025
13F
SG Americas Securities, LLC
13F
Company
0.23%
40,042
$1,858,000 30 Jun 2025
13F
WELLS FARGO & COMPANY/MN
13F
Company
0.23%
39,503
$1,833,331 30 Jun 2025
13F
BARCLAYS PLC
13F
Company
0.23%
39,461
$1,831,386 30 Jun 2025
13F
TWO SIGMA INVESTMENTS, LP
13F
Company
0.22%
37,165
$1,724,828 30 Jun 2025
13F
Brandywine Global Investment Management, LLC
13F
Company
0.21%
35,747
$1,659,018 30 Jun 2025
13F
LaFleur & Godfrey LLC
13F
Company
0.2%
35,296
$1,638,103 30 Jun 2025
13F
RAYMOND JAMES FINANCIAL INC
13F
Company
0.2%
35,276
$1,637,137 30 Jun 2025
13F
Pathstone Holdings, LLC
13F
Company
0.2%
35,075
$1,627,839 30 Jun 2025
13F
Invesco Ltd.
13F
Company
0.19%
32,224
$1,495,516 30 Jun 2025
13F
BANK OF AMERICA CORP /DE/
13F
Company
0.17%
30,089
$1,396,449 30 Jun 2025
13F
Swiss National Bank
13F
Company
0.17%
29,900
$1,387,659 30 Jun 2025
13F
THRIVENT FINANCIAL FOR LUTHERANS
13F
Company
0.17%
29,785
$1,382,000 30 Jun 2025
13F

Institutional Holders of MERCANTILE BANK CORP - Common Stock (MBWM) as of Q3 2025

As of 30 Sep 2025, MERCANTILE BANK CORP - Common Stock (MBWM) was held by 198 institutional shareholders that filed Form 13F with the SEC. Together, they reported ownership of 10,615,170 shares. The largest 10 holders included BlackRock, Inc., DIMENSIONAL FUND ADVISORS LP, VANGUARD GROUP INC, AMERICAN CENTURY COMPANIES INC, RENAISSANCE TECHNOLOGIES LLC, STATE STREET CORP, GEODE CAPITAL MANAGEMENT, LLC, NORTH STAR ASSET MANAGEMENT INC, LSV ASSET MANAGEMENT, and Tributary Capital Management, LLC. This page lists 198 institutional shareholders reporting positions in this security for the Q3 2025 filing period.
Investor Option Weight % Change % Value $ * Price Shares Share Change Activity Report Period

Compare Q3 2025 vs Q2 2025 Across Filers

Q2 2025 holders
194
Q3 2025 holders
198
Holder diff
4
Investor Q2 2025 Shares Q3 2025 Shares Share Diff Share Chg % Q2 2025 Value $ Q3 2025 Value $ Value Diff $ Value Chg %

Trend: ostatnie 8 kwartałów (+ wybrane okresy porównania).

Quarterly Holders Trend
Quarterly Value Trend
Quarterly Shares Trend
* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.
We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Here you can make detailed settings or revoke your consent (in part if necessary) with effect for the future. For further information, please refer to our Privacy Policy .