Merchants Bancorp - Common Stock (MBIN)

CUSIP: 58844R108

Q4 2025 13F Holders as of 31 Dec 2025

Type / Class
Equity / Common Stock
Shares outstanding
45,836,898
Total 13F shares
16,079,004
Share change
-778,681
Total reported value
$547,628,557
Put/Call ratio
521%
Price per share
$34.06
Number of holders
150
Value change
-$22,280,768
Number of buys
67
Number of sells
79

Security key

58844R108

Report period

Q4 2025

Institutions

150

Top holders

10

Ownership snapshot

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

Grouped by holder across the latest SEC ownership disclosures. Start with the largest verified stakes, then open the linked filing trail.

Lead holder
BlackRock, Inc.
13D/G signal
Evidence rows
50
Latest as of
30 Sep 2025
13F Lead comparable stake: 4%
Holder Evidence Ownership % Position 12M Net Δ As of
BlackRock, Inc.
13F
Company
13F
4%
$58,958,600
1,854,044 shares
30 Sep 2025
DIMENSIONAL FUND ADVISORS LP
13F
Company
13F
3.5%
$50,942,108
1,601,928 shares
30 Sep 2025
VANGUARD GROUP INC
13F
Company
13F
3%
$43,833,120
1,378,400 shares
30 Sep 2025
MACQUARIE GROUP LTD
13F
Company
13F
2%
$28,527,000
897,066 shares
30 Sep 2025
ROYCE & ASSOCIATES LP
13F
Company
13F
1.9%
$27,415,384
862,119 shares
30 Sep 2025
GEODE CAPITAL MANAGEMENT, LLC
13F
Company
13F
1.5%
$22,150,351
696,469 shares
30 Sep 2025
AMERICAN CENTURY COMPANIES INC
13F
Company
13F
1.4%
$20,036,448
630,077 shares
30 Sep 2025
STATE STREET CORP
13F
Company
13F
1.2%
$17,488,313
548,263 shares
30 Sep 2025
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC
13F
Company
13F
0.85%
$12,398,120
389,878 shares
30 Sep 2025
MILLENNIUM MANAGEMENT LLC
13F
Company
13F
0.8%
$11,609,385
365,075 shares
30 Sep 2025
BANC FUNDS CO LLC
13F
Company
13F
0.74%
$10,833,942
340,690 shares
30 Sep 2025
FJ Capital Management LLC
13F
Company
13F
0.65%
$9,449,561
297,156 shares
30 Sep 2025
NORTHERN TRUST CORP
13F
Company
13F
0.6%
$8,727,796
274,459 shares
30 Sep 2025
BASSWOOD CAPITAL MANAGEMENT, L.L.C.
13F
Company
13F
0.6%
$8,705,155
273,747 shares
30 Sep 2025
Valeo Financial Advisors, LLC
13F
Company
13F
0.53%
$7,761,220
244,064 shares
30 Sep 2025
DENALI ADVISORS LLC
13F
Company
13F
0.52%
$7,613,365
239,414 shares
30 Sep 2025
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
13F
Company
13F
0.52%
$7,538,095
237,047 shares
30 Sep 2025
MORGAN STANLEY
13F
Company
13F
0.51%
$7,453,249
234,378 shares
30 Sep 2025
ROYAL BANK OF CANADA
13F
Company
13F
0.48%
$7,037,000
221,261 shares
30 Sep 2025
PL Capital Advisors, LLC
13F
Company
13F
0.41%
$5,987,749
188,294 shares
30 Sep 2025
JPMORGAN CHASE & CO
13F
Company
13F
0.39%
$5,695,317
179,098 shares
30 Sep 2025
TWO SIGMA INVESTMENTS, LP
13F
Company
13F
0.38%
$5,588,977
175,754 shares
30 Sep 2025
Bank of New York Mellon Corp
13F
Company
13F
0.37%
$5,426,378
170,641 shares
30 Sep 2025
D. E. Shaw & Co., Inc.
13F
Company
13F
0.32%
$4,644,931
146,067 shares
30 Sep 2025
Ballast Asset Management, LP
13F
Company
13F
0.3%
$4,384,807
137,887 shares
30 Sep 2025
JACOBS LEVY EQUITY MANAGEMENT, INC
13F
Company
13F
0.29%
$4,290,710
134,928 shares
30 Sep 2025
Black Maple Capital Management LP
13F
Company
13F
0.28%
$4,105,285
129,097 shares
30 Sep 2025
MARSHALL WACE, LLP
13F
Company
13F
0.28%
$4,038,663
127,002 shares
30 Sep 2025
Russell Investments Group, Ltd.
13F
Company
13F
0.23%
$3,386,972
106,508 shares
30 Sep 2025
DEUTSCHE BANK AG\
13F
Company
13F
0.21%
$3,034,102
95,412 shares
30 Sep 2025
Doma Perpetual Capital Management LLC
13F
Company
13F
0.2%
$2,983,889
93,833 shares
30 Sep 2025
AMERIPRISE FINANCIAL INC
13F
Company
13F
0.2%
$2,962,373
93,156 shares
30 Sep 2025
RAYMOND JAMES FINANCIAL INC
13F
Company
13F
0.2%
$2,897,318
91,111 shares
30 Sep 2025
CITADEL ADVISORS LLC
13F
Company
13F
0.18%
$2,664,077
83,776 shares
30 Sep 2025
GOLDMAN SACHS GROUP INC
13F
Company
13F
0.18%
$2,612,338
82,149 shares
30 Sep 2025
NEW YORK STATE COMMON RETIREMENT FUND
13F
Company
13F
0.17%
$2,405,161
75,634 shares
30 Sep 2025
BANK OF AMERICA CORP /DE/
13F
Company
13F
0.16%
$2,320,459
72,970 shares
30 Sep 2025
JANE STREET GROUP, LLC
13F
Company
13F
0.13%
$1,950,962
61,351 shares
30 Sep 2025
Walleye Capital LLC
13F
Company
13F
0.13%
$1,934,553
60,835 shares
30 Sep 2025
RENAISSANCE TECHNOLOGIES LLC
13F
Company
13F
0.13%
$1,857,120
58,400 shares
30 Sep 2025
Brandywine Global Investment Management, LLC
13F
Company
13F
0.12%
$1,784,807
56,126 shares
30 Sep 2025
SAPIENT CAPITAL LLC
13F
Company
13F
0.12%
$1,718,666
53,491 shares
30 Sep 2025
ExodusPoint Capital Management, LP
13F
Company
13F
0.12%
$1,695,671
53,323 shares
30 Sep 2025
Trexquant Investment LP
13F
Company
13F
0.11%
$1,586,661
49,895 shares
30 Sep 2025
DARK FOREST CAPITAL MANAGEMENT LP
13F
Company
13F
0.11%
$1,581,191
49,723 shares
30 Sep 2025
Nuveen, LLC
13F
Company
13F
0.11%
$1,538,198
48,371 shares
30 Sep 2025
Invesco Ltd.
13F
Company
13F
0.1%
$1,435,786
45,151 shares
30 Sep 2025
BNP PARIBAS FINANCIAL MARKETS
13F
Company
13F
0.1%
$1,407,913
44,274 shares
30 Sep 2025
Verition Fund Management LLC
13F
Company
13F
0.09%
$1,337,921
42,073 shares
30 Sep 2025
UBS Group AG
13F
Company
13F
0.09%
$1,303,450
40,989 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
150
Shares
16,079,004
Rows loaded
150
Investor Option Weight % Change % Value $ * Price Shares Share Change Activity Report Period

Compare Q4 2025 vs Q3 2025 Across Filers

Q3 2025 holders
157
Q4 2025 holders
150
Holder diff
-7
Investor Q3 2025 Shares Q4 2025 Shares Share Diff Share Chg % Q3 2025 Value $ Q4 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.
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