Latest Period
Q4 2025
Security Snapshot
Merchants Bancorp - Common Stock (MBIN) Institutional Ownership
CUSIP: 58844R108
13F Institutional Holders and Ownership History from Q4 2017 to Q1 2026
Institutions Reporting
148
Shares (Excl. Options)
16,074,289
Price
$34.06
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- Type / Class
- Equity / Common Stock
- Symbol
- MBIN on Nasdaq
- Shares outstanding
- 45,836,898
- Price per share
- $47.22
- All holders as of 31 Dec 2025
- Q4 2025
- Total 13F shares
- 16,074,289
- Total reported value
- $547,467,964
- % of total 13F portfolios
- 0%
- Share change
- -778,645
- Value change
- -$22,279,541
- Number of holders
- 148
- Price from insider filings
- $47.22
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors
Quick Takeaways
- MBIN - Merchants Bancorp - Common Stock is tracked under CUSIP 58844R108.
- 148 institutions reported positions in Q4 2025.
- 3 significant owners is listed from Schedule 13D/13G reporting.
What Changed
- Holder count moved from 148 to 36 between Q4 2025 and Q1 2026.
- Reported value moved from $547,467,964 to $1,193,203,383.
Why This Matters
- 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.
Source Evidence
Source: SEC Form 13F
Open SEC Evidence
Latest holder context comes from 148 institutions filings for Q4 2025.
Investment Quick Answers
What is CUSIP 58844R108?
CUSIP 58844R108 identifies MBIN - Merchants Bancorp - Common Stock in SEC 13F datasets.
Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.
Next ownership checks
Use the next link that matches the question you still need to answer about this security.
- Latest 13F filings when you want to inspect fresh institutional portfolio moves.
- Latest Schedule 13D/13G reports when you need large-owner changes outside the 13F cycle.
- All institutional ownership pages to compare this security with other holder-history pages.
Recent Quarterly Holder Reports
Open recent reporting periods for CUSIP 58844R108:
Significant Owners of Merchants Bancorp - Common Stock (MBIN) based on Schedule 13D/G filings
| 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 31 Dec 2025, 148 institutional investors reported holding 16,074,289 shares of Merchants Bancorp - Common Stock (MBIN). This represents 35% of the company’s total 45,836,898 outstanding shares.
Top 25 Institutional Shareholders
The largest institutional shareholders of Merchants Bancorp - Common Stock (MBIN) together control 29% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| BlackRock, Inc. | 4.1% | 1,881,468 | +1.5% | 0% | $64,082,801 |
| DIMENSIONAL FUND ADVISORS LP | 3.6% | 1,656,898 | +3.4% | 0.01% | $56,432,591 |
| VANGUARD GROUP INC | 3.1% | 1,414,584 | +2.6% | 0% | $48,180,732 |
| Doma Perpetual Capital Management LLC | 2.4% | 1,115,594 | +1089% | 11% | $37,997,132 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 2.4% | 1,110,383 | 0% | 0.06% | $37,820,000 |
| ROYCE & ASSOCIATES LP | 1.8% | 808,314 | -6.2% | 0.28% | $27,531,175 |
| GEODE CAPITAL MANAGEMENT, LLC | 1.6% | 715,394 | +2.7% | 0% | $24,370,856 |
| AMERICAN CENTURY COMPANIES INC | 1.5% | 675,517 | +7.2% | 0.01% | $23,008,109 |
| STATE STREET CORP | 1.3% | 574,086 | +4.7% | 0% | $19,608,655 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 0.85% | 391,068 | +0.31% | 0.04% | $13,319,776 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 0.6% | 273,747 | 0% | 0.41% | $9,323,823 |
| NORTHERN TRUST CORP | 0.56% | 256,199 | -6.7% | 0% | $8,726,138 |
| MORGAN STANLEY | 0.56% | 254,779 | +8.7% | 0% | $8,677,856 |
| BANC FUNDS CO LLC | 0.53% | 244,462 | -28% | 1.6% | $8,326,376 |
| Valeo Financial Advisors, LLC | 0.53% | 244,108 | +0.02% | 0.18% | $8,314,303 |
| DENALI ADVISORS LLC | 0.52% | 237,614 | -0.75% | 0.9% | $8,093,133 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 0.51% | 234,637 | -1% | 0% | $7,991,736 |
| ROYAL BANK OF CANADA | 0.45% | 205,953 | -6.9% | 0% | $7,015,000 |
| D. E. Shaw & Co., Inc. | 0.39% | 180,308 | +23% | 0% | $6,141,290 |
| Bank of New York Mellon Corp | 0.36% | 164,371 | -3.7% | 0% | $5,598,490 |
| GOLDMAN SACHS GROUP INC | 0.35% | 162,285 | +98% | 0% | $5,527,430 |
| FIRST TRUST ADVISORS LP | 0.31% | 141,145 | +459% | 0% | $4,807,398 |
| MARSHALL WACE, LLP | 0.31% | 140,168 | +10% | 0% | $4,774,124 |
| Qube Research & Technologies Ltd | 0.3% | 139,256 | +1080% | 0.01% | $4,743,059 |
| Ballast Asset Management, LP | 0.29% | 133,296 | -3.3% | 2.1% | $4,540,062 |
Institutional Holders of Merchants Bancorp - Common Stock (MBIN) across Reporting Periods
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2026 Q1 | 27,329,836 | $1,193,203,383 | +$1,176,721,135 | $42.91 | 36 |
| 2025 Q4 | 16,074,289 | $547,467,964 | -$22,279,541 | $34.06 | 148 |
| 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 |
| 2020 Q1 | 6,198,259 | $94,107,275 | -$478,461 | $15.18 | 74 |
| 2019 Q4 | 6,218,827 | $122,581,490 | +$3,905,224 | $19.71 | 71 |
| 2019 Q3 | 6,148,779 | $101,696,390 | -$1,497,992 | $16.54 | 71 |
| 2019 Q2 | 6,235,856 | $106,210,712 | -$2,375,382 | $17.03 | 72 |
| 2019 Q1 | 6,436,075 | $138,398,361 | +$1,600,077 | $21.50 | 65 |
| 2018 Q4 | 6,384,580 | $127,531,864 | -$2,576,055 | $19.96 | 68 |
| 2018 Q3 | 6,429,299 | $163,291,871 | -$876,394 | $25.42 | 70 |
| 2018 Q2 | 6,433,091 | $183,378,720 | +$13,512,678 | $28.53 | 75 |
| 2018 Q1 | 6,079,934 | $130,720,703 | +$1,254,287 | $21.50 | 57 |
| 2017 Q4 | 6,048,880 | $119,042,072 | +$118,114,072 | $19.68 | 59 |