Who owns MERCANTILE BANK CORP?
Prices and market caps: Cboe delayed data, at least 15 minutes delayed. Not real-time. Fundamentals from company filings.
Institutional ownership of MBWM from SEC Form 13F filings across 206 reporting managers. All positions are from one synchronized reporting period — 2026-06-30 books, filed up to 45 days after quarter end — so every row is comparable.
As of the 2026-06-30 reporting period, 206 institutions disclosed 12.0M shares of MERCANTILE BANK CORP worth $691.0M — about 69.7% of shares outstanding; the largest disclosed holder is BlackRock, Inc.. Source: SEC Form 13F filings, parsed by EvidInvest.
206
13F holders
$691.0M
value, 2026 filers
69.7%
of shares outstanding (12.0M sh)
35
new positions (2026 filers)
Top institutional holders
ordered by shares owned · positions as of 2026-06-30 · % of fund = share of the manager's own book · % of co. = share of MBWM's shares outstanding
| # | Manager | Shares | Value | % of fund | % of co. | Δ shares QoQ |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.5M | $88.1M | 0.0% | 8.9% | +10.5% |
| 2 | WELLINGTON MANAGEMENT GROUP LLP | 1.1M | $62.5M | 0.0% | 6.3% | -8.5% |
| 3 | DIMENSIONAL FUND ADVISORS LP | 1.0M | $60.1M | 0.0% | 6.1% | +1.4% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 735,613 | $42.2M | 0.0% | 4.3% | +4.4% |
| 5 | AMERICAN CENTURY COMPANIES INC | 625,015 | $35.9M | 0.0% | 3.6% | +11.3% |
| 6 | STATE STREET CORP | 598,641 | $34.4M | 0.0% | 3.5% | +19.1% |
| 7 | GEODE CAPITAL MANAGEMENT, LLC | 466,410 | $26.8M | 0.0% | 2.7% | +7.2% |
| 8 | RENAISSANCE TECHNOLOGIES LLC | 446,613 | $25.6M | 0.0% | 2.6% | -5.4% |
| 9 | NORTH STAR ASSET MANAGEMENT INC | 377,427 | $21.7M | 0.9% | 2.2% | -1.5% |
| 10 | VANGUARD PORTFOLIO MANAGEMENT LLC | 290,093 | $16.7M | 0.0% | 1.7% | +5.4% |
| 11 | LSV ASSET MANAGEMENT | 280,786 | $16.1M | 0.0% | 1.6% | -0.8% |
| 12 | NORTHERN TRUST CORP | 240,668 | $13.8M | 0.0% | 1.4% | +3.5% |
| 13 | Tributary Capital Management, LLC | 218,146 | $12.5M | 1.0% | 1.3% | -2.9% |
| 14 | TWO SIGMA INVESTMENTS, LP | 213,740 | $12.3M | 0.0% | 1.2% | +17.7% |
| 15 | HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 192,503 | $11.1M | 0.0% | 1.1% | +0.7% |
| 16 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 144,188 | $8.3M | 0.0% | 0.8% | +2.7% |
| 17 | JPMORGAN CHASE & CO | 140,097 | $8.0M | 0.0% | 0.8% | -5.9% |
| 18 | AQR CAPITAL MANAGEMENT LLC | 137,726 | $7.9M | 0.0% | 0.8% | -6.1% |
| 19 | BANC FUNDS CO LLC | 131,160 | $7.5M | 1.2% | 0.8% | 0.0% |
| 20 | MERCER GLOBAL ADVISORS INC /ADV | 127,923 | $7.3M | 0.0% | 0.7% | -1.0% |
| 21 | MORGAN STANLEY | 123,030 | $7.1M | 0.0% | 0.7% | -3.3% |
| 22 | VANGUARD FIDUCIARY TRUST CO | 112,722 | $6.5M | 0.0% | 0.7% | +2.2% |
| 23 | GOLDMAN SACHS GROUP INC | 101,031 | $5.8M | 0.0% | 0.6% | -10.4% |
| 24 | Bank of New York Mellon Corp | 98,102 | $5.6M | 0.0% | 0.6% | +5.9% |
| 25 | Rhino Investment Partners, IncNEW | 93,925 | $5.4M | 1.6% | 0.5% | new |
Source: SEC Form 13F-HR filings (institutional managers over $100M in US-listed positions). 13Fs disclose long positions only, up to 45 days after quarter end; each manager's latest filed quarter is shown per row and dollar values are the manager's filed marks. Aggregates labeled "2026 filers" count only managers whose latest book is a 2026 quarter. Related: valuation · options positioning · supply chain. Research, not investment advice.