Latest Period
Q2 2026
Security Snapshot
Merchants Bancorp - Common Stock (MBIN) Institutional Ownership
CUSIP: 58844R108
13F Institutional Holders and Ownership History from Q4 2017 to Q2 2026
Institutions Reporting
186
Shares (Excl. Options)
45,140,711
Price
$50.00
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- Security type / class
- Equity / Common Stock
- Symbol
- MBIN on Nasdaq
- All holders as of 30 Jun 2026
- Q2 2026
- Total 13F shares
- 45,140,711
- Total 13F value
- $2,256,745,409
- Portfolio coverage rank
- 0.01%
- Share change
- -345,622
- Value change
- -$15,535,803
- Number of holders
- 186
- Shares outstanding
- 45,836,898
- SEC-reported price per share
- $47.69
- Insider filing price
- $47.69
Latest holder snapshot
5 signals
Issuer context
Names, identifiers, and filing context for this profile.
3 identity fields
13F Shares, Excluding Options vs Price
13F Value, Excluding Options
Total Investors
Key facts
- MBIN - Merchants Bancorp - Common Stock is tracked under CUSIP 58844R108.
- 186 institutions reported positions in Q2 2026.
- 3 significant owners is listed from Schedule 13D/13G reporting.
Change
- Holder count moved from 178 to 186 between Q1 2026 and Q2 2026.
- SEC-reported value moved from $1,972,960,321 to $2,256,745,409.
Research use
- You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
- 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.
Evidence
Source: SEC Form 13F
Open SEC evidence
Latest holder context comes from 186 institutions filings for Q2 2026.
Security key
58844R108
Latest holder period
Q2 2026
13F holders
186
13D/G owners
3
CIK / CUSIP context first
Open Q2 2026 holders
MBIN full holder history
Merchants Bancorp SEC filings
Merchants Bancorp company facts
Merchants Bancorp insider transactions
Broader feeds
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 58844R108:
13D/G owners
Significant owners
Large-stake holder rows connected to Schedule 13D/G evidence.
Rows
3
Security
MBIN
| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Petrie Michael F. | 27% | -0.71% | $531,435,348 | -$3,180,741 | 12,575,375 | -0.59% | Michael F. Petrie | 26 Feb 2026 |
| BlackRock, Inc. | 8.8% | $173,083,793 | 4,033,647 | BlackRock, Inc. | 31 Mar 2026 | |||
| Rogers Randall D. | 8.3% | $159,563,913 | 3,775,767 | Randall D. Rogers, Jr. | 09 Feb 2026 |
As of 30 Jun 2026, 186 institutional investors reported holding 45,140,711 shares of Merchants Bancorp - Common Stock (MBIN). This represents 98% of the company’s total 45,836,898 outstanding shares.
13F concentration
Top 25 institutional shareholders
Largest 13F positions for this security by reported shares and value.
Top holder share
93%
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Elser Financial Planning, Inc | 58% | 26,808,625 | -0.65% | 58% | $1,340,431,250 |
| BlackRock, Inc. | 9% | 4,105,193 | +1.3% | 0% | $205,259,650 |
| DIMENSIONAL FUND ADVISORS LP | 4% | 1,827,144 | +3.9% | 0.02% | $91,358,637 |
| STATE STREET CORP | 2.3% | 1,066,972 | +3.1% | 0% | $53,463,502 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 2.3% | 1,044,992 | -4.4% | 0.08% | $52,250,000 |
| VANGUARD CAPITAL MANAGEMENT LLC | 2.2% | 1,015,813 | +1.5% | 0% | $50,790,650 |
| AMERICAN CENTURY COMPANIES INC | 1.8% | 837,052 | +13% | 0.02% | $41,852,600 |
| Doma Perpetual Capital Management LLC | 1.8% | 810,082 | -27% | 9.4% | $40,504,100 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.6% | 740,326 | +2.1% | 0% | $37,022,692 |
| ROYCE & ASSOCIATES LP | 1.1% | 527,047 | -7.1% | 0.21% | $26,352,350 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 1.1% | 488,221 | +5.1% | 0% | $24,411,050 |
| MORGAN STANLEY | 0.67% | 308,775 | +3.6% | 0% | $15,438,806 |
| NORTHERN TRUST CORP | 0.66% | 301,802 | +5.1% | 0% | $15,090,100 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.65% | 298,438 | -1.3% | 0.04% | $14,921,900 |
| BANC FUNDS CO LLC | 0.62% | 285,062 | +1.4% | 2.4% | $14,253,100 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 0.6% | 273,747 | 0% | 0.59% | $13,687,350 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.55% | 252,548 | +1.8% | 0% | $12,627,400 |
| Invesco Ltd. | 0.52% | 240,395 | +55% | 0% | $12,019,725 |
| Bank of New York Mellon Corp | 0.51% | 234,378 | -0.75% | 0% | $11,718,890 |
| Valeo Financial Advisors, LLC | 0.5% | 226,998 | -3.4% | 0.24% | $11,349,895 |
| ROYAL BANK OF CANADA | 0.48% | 220,641 | +3.7% | 0% | $11,032,000 |
| VANGUARD FIDUCIARY TRUST CO | 0.42% | 190,624 | +4.8% | 0% | $9,531,200 |
| DENALI ADVISORS LLC | 0.38% | 174,576 | -10% | 0.88% | $8,728,800 |
| PRINCIPAL FINANCIAL GROUP INC | 0.31% | 142,476 | -0.1% | 0% | $7,123,800 |
| Ballast Asset Management, LP | 0.3% | 135,270 | -0.96% | 2.7% | $6,763,500 |
Quarter history
Institutional holders across reporting periods
Holder count, reported shares/value, and median price by quarter.
Periods
35
Latest
Q2 2026
Rows shown
1-25 of 35
| Period | 13F Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q2 | 45,140,711 | $2,256,745,409 | -$15,535,803 | $50.00 | 186 |
| 2026 Q1 | 45,505,038 | $1,972,960,321 | +$1,281,906,590 | $42.91 | 178 |
| 2025 Q4 | 16,096,236 | $548,215,468 | -$22,280,768 | $34.06 | 151 |
| 2025 Q3 | 15,759,181 | $501,266,895 | +$14,729,781 | $31.80 | 157 |
| 2025 Q2 | 15,266,102 | $505,016,743 | +$10,615,340 | $33.07 | 149 |
| 2025 Q1 | 14,897,761 | $551,097,878 | -$983,116,860 | $37.00 | 160 |
| 2024 Q4 | 41,877,159 | $1,527,514,427 | +$991,503,850 | $36.47 | 170 |
| 2024 Q3 | 14,553,354 | $654,255,075 | +$1,534,463 | $44.96 | 173 |
| 2024 Q2 | 14,528,512 | $589,033,000 | +$103,523,736 | $40.54 | 173 |
| 2024 Q1 | 11,955,132 | $515,731,584 | -$539,637 | $43.18 | 172 |
| 2023 Q4 | 11,971,882 | $509,819,238 | +$50,810,926 | $42.58 | 163 |
| 2023 Q3 | 10,682,288 | $296,146,549 | +$5,123,043 | $27.72 | 121 |
| 2023 Q2 | 10,611,970 | $271,480,951 | +$5,894,910 | $25.58 | 111 |
| 2023 Q1 | 10,278,120 | $267,756,542 | +$3,943,743 | $26.04 | 123 |
| 2022 Q4 | 10,140,714 | $246,648,637 | +$3,849,364 | $24.32 | 112 |
| 2022 Q3 | 9,976,146 | $229,786,943 | +$6,788,405 | $23.07 | 119 |
| 2022 Q2 | 9,625,347 | $217,867,272 | +$5,146,760 | $22.67 | 110 |
| 2022 Q1 | 9,504,223 | $260,240,697 | +$81,261,912 | $27.38 | 119 |
| 2021 Q4 | 6,382,219 | $301,959,628 | +$3,262,528 | $47.33 | 111 |
| 2021 Q3 | 6,335,222 | $249,986,323 | -$5,864,550 | $39.47 | 102 |
| 2021 Q2 | 6,484,892 | $254,481,571 | -$3,688,025 | $39.24 | 108 |
| 2021 Q1 | 6,560,966 | $275,203,098 | +$13,486,736 | $41.94 | 104 |
| 2020 Q4 | 6,263,746 | $173,077,015 | +$7,141,086 | $27.63 | 91 |
| 2020 Q3 | 6,160,719 | $121,448,677 | -$1,077,378 | $19.71 | 78 |
| 2020 Q2 | 6,218,152 | $114,980,433 | +$1,106,935 | $18.49 | 78 |