MERCANTILE BANK CORP - Common Stock (MBWM)

CUSIP: 587376104

Q1 2026 13F Holders as of 31 Mar 2026

Type / Class
Equity / Common Stock
Shares outstanding
17,232,333
Total 13F shares
11,690,789
Share change
+987,825
Total reported value
$590,293,359
Price per share
$50.50
Number of holders
198
Value change
+$50,296,608
Number of buys
92
Number of sells
71

Security key

587376104

Report period

Q1 2026

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 first by SEC-reported ownership % when it is safely comparable, then by disclosed holdings 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
1,438,885
$69,210,361 31 Dec 2025
WELLINGTON MANAGEMENT GROUP LLP
13D/G 13F
Company
6.9%
1,189,031
$60,046,066 $0 31 Mar 2026
DIMENSIONAL FUND ADVISORS LP
13D/G 13F
Company
6%
1,031,485
$49,614,428 $0 31 Dec 2025
Charles E. Christmas
3/4/5
EVP & CFO
0.72%
123,500
$6,661,756 15 Feb 2026
Robert B. Kaminski
3/4/5
Director
0.52%
89,796
$3,800,149 02 May 2025
Raymond E. Reitsma
3/4/5
President and CEO, Director
0.52%
89,538
$4,838,803 15 Feb 2026
Michael H. Price
3/4/5
Director
0.27%
46,423
$2,085,897 -$209,799 13 Nov 2025
Mark S. Augustyn
3/4/5
EVP&Chief Comm Banking Officer
0.19%
33,025
$1,610,298 12 Dec 2025
Scott P. Setlock
3/4/5
EVP, COO, & SECRETARY
0.19%
32,076
$1,564,025 19 Dec 2025
Brett Hoover
3/4/5
EVP & CHIEF HR OFFICER
0.11%
19,562
$953,842 19 Dec 2025
Michelle Larabee Eldridge
3/4/5
Director
0.11%
18,590
$862,766 17 Jul 2025
Tara M. Randall
3/4/5
EVP & Chief Experience Officer
0.1%
16,578
$808,343 19 Dec 2025
David B. Ramaker
3/4/5
Director
0.09%
15,014
$701,303 +$70,065 18 Aug 2025
Michael S. Davenport
3/4/5
Director
0.06%
10,485
$486,611 17 Jul 2025
Nelson F. Sanchez
3/4/5
Director
0.04%
6,586
$291,117 +$43,500 31 Oct 2025
Joseph D. Jones
3/4/5
Director
0.03%
5,791
$229,844 22 May 2025
Steven Schweihofer
3/4/5
Director
0.03%
5,603
$269,511 06 Jan 2026
Amy L. Sparks
3/4/5
Director
0.03%
5,463
$253,539 17 Jul 2025
Shoran R. Williams
3/4/5
Director
0.03%
5,266
$249,002 +$9,457 29 Jul 2025
Richard D. MacDonald
3/4/5
Director
0.01%
2,574
$102,162 22 May 2025
Sara A. Schmidt
3/4/5
Director
0.01%
969
$38,459 22 May 2025
VANGUARD GROUP INC
13F
Company
6.2%
1,066,368
$51,292,301 31 Dec 2025
13F
AMERICAN CENTURY COMPANIES INC
13F
Company
3%
517,904
$24,911,182 31 Dec 2025
13F
RENAISSANCE TECHNOLOGIES LLC
13F
Company
2.9%
496,213
$23,867,845 31 Dec 2025
13F
STATE STREET CORP
13F
Company
2.6%
447,016
$21,501,470 31 Dec 2025
13F
GEODE CAPITAL MANAGEMENT, LLC
13F
Company
2.3%
402,616
$19,369,903 31 Dec 2025
13F
NORTH STAR ASSET MANAGEMENT INC
13F
Company
2.2%
374,544
$18,015,566 31 Dec 2025
13F
LSV ASSET MANAGEMENT
13F
Company
1.7%
295,086
$14,194,000 31 Dec 2025
13F
Tributary Capital Management, LLC
13F
Company
1.3%
231,259
$11,123,571 31 Dec 2025
13F
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
13F
Company
1.2%
202,623
$9,746,166 31 Dec 2025
13F
JPMORGAN CHASE & CO
13F
Company
1.1%
195,038
$9,381,329 31 Dec 2025
13F
NORTHERN TRUST CORP
13F
Company
0.97%
166,998
$8,032,604 31 Dec 2025
13F
MORGAN STANLEY
13F
Company
0.93%
159,614
$7,677,555 31 Dec 2025
13F
AQR CAPITAL MANAGEMENT LLC
13F
Company
0.93%
159,564
$7,675,017 31 Dec 2025
13F
GOLDMAN SACHS GROUP INC
13F
Company
0.77%
133,499
$6,421,318 31 Dec 2025
13F
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
13F
Company
0.77%
133,288
$6,411,153 31 Dec 2025
13F
BANC FUNDS CO LLC
13F
Company
0.76%
130,841
$6,293,452 31 Dec 2025
13F
ProShare Advisors LLC
13F
Company
0.75%
130,082
$6,256,945 31 Dec 2025
13F
TWO SIGMA INVESTMENTS, LP
13F
Company
0.7%
120,177
$5,780,514 31 Dec 2025
13F
BRIDGEWAY CAPITAL MANAGEMENT, LLC
13F
Company
0.7%
120,133
$5,778,397 31 Dec 2025
13F
MERCER GLOBAL ADVISORS INC /ADV
13F
Company
0.64%
109,572
$5,270,395 31 Dec 2025
13F
Bank of New York Mellon Corp
13F
Company
0.54%
92,841
$4,465,659 31 Dec 2025
13F
Siena Capital Partners GP, LLC
13F
Company
0.49%
83,966
$4,038,765 31 Dec 2025
13F
De Lisle Partners LLP
13F
Company
0.44%
75,649
$3,639,653 31 Dec 2025
13F
Qube Research & Technologies Ltd
13F
Company
0.42%
72,959
$3,509,328 31 Dec 2025
13F
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP
13F
Company
0.42%
71,576
$3,442,806 31 Dec 2025
13F
AMERIPRISE FINANCIAL INC
13F
Company
0.37%
63,769
$3,067,287 31 Dec 2025
13F
ENVESTNET ASSET MANAGEMENT INC
13F
Company
0.37%
63,004
$3,030,488 31 Dec 2025
13F
jvl associates llc
13F
Company
0.35%
60,169
$2,894,129 31 Dec 2025
13F
Connor, Clark & Lunn Investment Management Ltd.
13F
Company
0.31%
52,764
$2,537,948 31 Dec 2025
13F

Institutional Holders of MERCANTILE BANK CORP - Common Stock (MBWM) as of Q1 2026

As of 31 Mar 2026, MERCANTILE BANK CORP - Common Stock (MBWM) was held by 198 institutional shareholders that filed Form 13F with the SEC. Together, they reported ownership of 11,690,789 shares. The largest 10 holders included BlackRock, Inc., WELLINGTON MANAGEMENT GROUP LLP, DIMENSIONAL FUND ADVISORS LP, VANGUARD CAPITAL MANAGEMENT LLC, AMERICAN CENTURY COMPANIES INC, STATE STREET CORP, RENAISSANCE TECHNOLOGIES LLC, GEODE CAPITAL MANAGEMENT, LLC, NORTH STAR ASSET MANAGEMENT INC, and LSV ASSET MANAGEMENT. This page lists 198 institutional shareholders reporting positions in this security for the Q1 2026 filing period.
Investor Option Weight % Change % Value $ * Price Shares Share Change Activity Report Period

Compare Q1 2026 vs Q4 2025 Across Filers

Q4 2025 holders
192
Q1 2026 holders
198
Holder diff
6
Investor Q4 2025 Shares Q1 2026 Shares Share Diff Share Chg % Q4 2025 Value $ Q1 2026 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.
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