Mercantile Bank Corporation Major Shareholders & Ownership History
| Major Shareholder Name | Reporting Date | Shares Held | Market Value | Change in Shares | Ownership |
|---|---|---|---|---|---|
| BLACKROCK FUNDING, INC. /DE | 11/13/2024 | 1.60 M | $70.08 M | 100.00% | 9.93% |
| DIMENSIONAL FUND ADVISORS LP | 11/07/2024 | 1.14 M | $49.72 M | -0.96% | 7.05% |
| VANGUARD GROUP INC | 11/13/2024 | 867,525 | $37.93 M | 3.58% | 5.38% |
| RENAISSANCE TECHNOLOGIES LLC | 11/13/2024 | 543,586 | $23.77 M | 2.39% | 3.37% |
| STATE STREET CORP | 11/14/2024 | 438,524 | $19.17 M | -2.97% | 2.72% |
| GEODE CAPITAL MANAGEMENT, LLC | 11/12/2024 | 376,979 | $16.48 M | 3.91% | 2.34% |
| NORTH STAR ASSET MANAGEMENT INC | 11/14/2024 | 362,759 | $15.86 M | -0.29% | 2.25% |
| AMERICAN CENTURY COMPANIES INC | 11/12/2024 | 360,344 | $15.75 M | 16.67% | 2.23% |
| BANC FUNDS CO LLC | 11/14/2024 | 305,847 | $13.37 M | -9.34% | 1.90% |
| LSV ASSET MANAGEMENT | 11/12/2024 | 276,629 | $12.09 M | 6.34% | 1.71% |
| TRIBUTARY CAPITAL MANAGEMENT, LLC | 10/24/2024 | 247,432 | $10.82 M | -0.42% | 1.53% |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 11/12/2024 | 196,324 | $8.58 M | 4.48% | 1.22% |
| GOLDMAN SACHS GROUP INC | 11/14/2024 | 113,702 | $4.97 M | 62.72% | 0.70% |
| ALLIANZ ASSET MANAGEMENT GMBH | 11/13/2024 | 113,605 | $4.97 M | -4.03% | 0.70% |
| MERCER GLOBAL ADVISORS INC /ADV | 11/14/2024 | 112,377 | $4.71 M | 0.00% | 0.70% |
| BANK OF NEW YORK MELLON CORP | 11/12/2024 | 110,688 | $4.84 M | -8.29% | 0.69% |
| SEGALL BRYANT & HAMILL, LLC | 11/08/2024 | 110,482 | $4.83 M | -11.56% | 0.68% |
| MORGAN STANLEY | 11/14/2024 | 105,808 | $4.63 M | 19.70% | 0.66% |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 11/14/2024 | 100,117 | $4.38 M | 2.75% | 0.62% |
| MILLENNIUM MANAGEMENT LLC | 11/14/2024 | 86,218 | $3.77 M | 50.89% | 0.53% |
| AQR CAPITAL MANAGEMENT LLC | 11/14/2024 | 83,025 | $3.63 M | -52.38% | 0.51% |
| JPMORGAN CHASE & CO | 12/26/2024 | 82,357 | $3.60 M | 35.13% | 0.51% |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 11/14/2024 | 75,720 | $3.31 M | 0.53% | 0.47% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 11/14/2024 | 65,929 | $2.88 M | 11.42% | 0.41% |
| ROYAL BANK OF CANADA | 11/14/2024 | 63,139 | $2.76 M | -9.21% | 0.39% |
| JVL ASSOCIATES LLC | 10/04/2024 | 62,029 | $2.71 M | 0.02% | 0.38% |
| DE LISLE PARTNERS LLP | 11/14/2024 | 55,310 | $2.42 M | 46.86% | 0.34% |
| EMPOWERED FUNDS, LLC | 11/06/2024 | 52,817 | $2.31 M | 5.35% | 0.33% |
| QUBE RESEARCH & TECHNOLOGIES LTD | 11/14/2024 | 46,147 | $2.02 M | 107.10% | 0.29% |
| JOHN W. ROSENTHAL CAPITAL MANAGEMENT, INC. | 10/29/2024 | 45,000 | $1.97 M | 0.00% | 0.28% |
| THRIVENT FINANCIAL FOR LUTHERANS | 11/07/2024 | 40,807 | $1.78 M | 1.66% | 0.25% |
| BRANDYWINE GLOBAL INVESTMENT MANAGEMENT, LLC | 11/12/2024 | 40,559 | $1.76 M | -2.65% | 0.25% |
| ENVESTNET ASSET MANAGEMENT INC | 11/07/2024 | 40,557 | $1.77 M | -6.60% | 0.25% |
| NUVEEN ASSET MANAGEMENT, LLC | 11/14/2024 | 39,891 | $1.74 M | 0.00% | 0.25% |
| INVESCO LTD. | 11/12/2024 | 38,635 | $1.69 M | -17.43% | 0.24% |
| BANK OF AMERICA CORP /DE/ | 11/14/2024 | 37,227 | $1.63 M | -16.38% | 0.23% |
| LAFLEUR & GODFREY LLC | 10/16/2024 | 35,571 | $1.56 M | 0.02% | 0.22% |
| TUDOR INVESTMENT CORP ET AL | 11/14/2024 | 35,202 | $1.54 M | 230.10% | 0.22% |
| WELLS FARGO & COMPANY/MN | 11/13/2024 | 33,755 | $1.48 M | 0.69% | 0.21% |
| BARCLAYS PLC | 11/19/2024 | 32,981 | $1.44 M | 99.18% | 0.20% |
| PATHSTONE HOLDINGS, LLC | 11/07/2024 | 31,754 | $1.39 M | -0.78% | 0.20% |
| CONNOR, CLARK & LUNN INVESTMENT MANAGEMENT LTD. | 11/08/2024 | 31,301 | $1.37 M | 83.71% | 0.19% |
| SWISS NATIONAL BANK | 11/07/2024 | 29,900 | $1.31 M | -5.38% | 0.19% |
| JANE STREET GROUP, LLC | 11/15/2024 | 29,622 | $1.30 M | 119.31% | 0.18% |
| TWO SIGMA INVESTMENTS, LP | 11/14/2024 | 27,036 | $1.18 M | 16.70% | 0.17% |
| TEACHER RETIREMENT SYSTEM OF TEXAS | 11/13/2024 | 25,944 | $1.13 M | 59.47% | 0.16% |
| CLARIVEST ASSET MANAGEMENT LLC | 11/12/2024 | 24,250 | $983,823 | 0.00% | 0.15% |
| AMERIPRISE FINANCIAL INC | 11/14/2024 | 24,215 | $1.06 M | 0.00% | 0.15% |
| RHUMBLINE ADVISERS | 11/12/2024 | 23,987 | $1.05 M | -5.27% | 0.15% |
| BUCKINGHAM STRATEGIC PARTNERS | 11/14/2024 | 22,207 | $970,890 | 0.00% | 0.14% |
Mercantile Bank Corporationinstitutional Ownership - FAQ's
During the previous two years, 197 institutional investors and hedge funds held shares of Mercantile Bank Corporation. The most heavily invested institutionals were:
BlackRock Funding, Inc. /DE: 1.6 M
DIMENSIONAL FUND ADVISORS LP: 1.14 M
VANGUARD GROUP INC: 867,525
RENAISSANCE TECHNOLOGIES LLC: 543,586
STATE STREET CORP: 438,524
GEODE CAPITAL MANAGEMENT, LLC: 376,979
61.83% of Mercantile Bank Corporation stock is owned by institutional investors.
Institutional investors have bought a total of 12.45 M shares in the last 24 months. This purchase volume represents approximately $545.97 M in transactions.