Merchants Bancorp - Common Stock (MBIN)

CUSIP: 58844R108

Q4 2025 13F Holders as of 31 Dec 2025

Holder snapshot 7 signals
Share change
-778,681
Put/Call ratio
521%
SEC-reported price per share
$34.06
Number of holders
151
Value change
-$22,280,768
Number of buys
67
Open additional details 1 more signal available
Number of sells
79
Security identity Names, identifiers, and filing context for this profile. 1 source field
Shares outstanding
45,836,898

Security key

58844R108

Report period

Q4 2025

Institutions

151

Top holders

10

Ownership snapshot

Top reported holders of MBIN - Merchants Bancorp - Common Stock (13F + 13D/G + 3/4/5)

Grouped by holder across the latest SEC ownership disclosures. Start with comparable ownership when available, then verify the linked 13F, 13D/G, or 3/4/5 evidence.

Comparable stake leader
Randall D. Rogers
Disclosed value leader
Randall D. Rogers
Comparable rows
0/15
Latest evidence
30 Sep 2025
3/4/5 13F Highest disclosed value: $130,140,560 15 rows are not safely comparable across share classes. Showing 1-6 of 15 holder rows.

Quick read

Randall D. Rogers has the largest disclosed position value at $130.14M.

0 of 15 rows have a safely comparable ownership percentage. Use this as a filing-backed starting point, then open the detailed table for source links, reporting role, position value, share count, and filing date.

Open SEC evidence Opens Randall D. Rogers's linked filing trail.
Disclosed position value Top 5
Randall D. Rogers $130.14M
BlackRock, Inc. $58.96M
DIMENSIONAL FUND ADVISORS LP $50.94M
VANGUARD GROUP INC $43.83M
MACQUARIE GROUP LTD $28.53M

Value bars compare disclosed positions; verify each figure against the linked filing evidence.

Detailed SEC evidence table Showing 1-6 of 15 holder rows
Holder Evidence Ownership % Position 12M Net Δ As of
Randall D. Rogers
3/4/5
Vice Chairman, Director
—
mixed-class rows
$130,140,560
3,020,884 shares
mixed-class rows
— 23 Aug 2024
BlackRock, Inc.
13F
Company
13F
—
denominator unverified
$58,958,600
1,854,044 shares
— 30 Sep 2025
DIMENSIONAL FUND ADVISORS LP
13F
Company
13F
—
denominator unverified
$50,942,108
1,601,928 shares
— 30 Sep 2025
VANGUARD GROUP INC
13F
Company
13F
—
denominator unverified
$43,833,120
1,378,400 shares
— 30 Sep 2025
MACQUARIE GROUP LTD
13F
Company
13F
—
denominator unverified
$28,527,000
897,066 shares
— 30 Sep 2025
ROYCE & ASSOCIATES LP
13F
Company
13F
—
denominator unverified
$27,415,384
862,119 shares
— 30 Sep 2025
How to read this table

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.

13F holder rows

Institutional holders as of Q4 2025

Investor-level positions for this CUSIP, loaded as an interactive table.

Institutions
151
Shares
16,096,236
Rows available
151
Investor Option Weight % Change % SEC-reported value * Price Shares Share Change Activity Report Period

* SEC-reported price is the security price as of the portfolio date and can indicate the last known price at which the security was still held. The marker flags a reported price that did not pass the local price check.

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders
157
Q4 2025 holders
151
Holder diff
-6
Investor Q3 2025 Shares Q4 2025 Shares Share Diff Share Chg % Q3 2025 value Q4 2025 value Value change Value Chg %
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