Mercantile Bank (MBWM) Institutional Ownership

During the previous two years, 140 institutional investors and hedge funds held shares of Mercantile Bank. The most heavily invested institutionals were Dimensional Fund Advisors LP ($49.25M), Vanguard Group Inc. ($38.70M), Renaissance Technologies LLC ($22.73M), State Street Corp ($19.17M), American Century Companies Inc. ($17.35M), Geode Capital Management LLC ($16.48M), and North Star Asset Management Inc. ($15.99M).Learn more on MBWM's institutional investors.

58.63% of Mercantile Bank stock is owned by institutional investors. Learn more on MBWM's institutional investor holdings.

Of the 107 institutional investors that purchased Mercantile Bank stock in the last 24 months, the following investors and hedge funds have bought the highest volume of shares: Assenagon Asset Management S.A. ($156.07K), LSV Asset Management ($119.59K), American Century Companies Inc. ($98.72K), AQR Capital Management LLC ($90.80K), Brandywine Global Investment Management LLC ($69.35K), Raymond James Financial Inc. ($62.56K), and JPMorgan Chase & Co. ($61.59K).

Institutional investors have bought a total of 1,618,934 shares in the last 24 months. This purchase volume represents approximately $62.95M in transactions.

Of the 67 institutional investors that sold Mercantile Bank stock in the last 24 months, the following investors and hedge funds have sold the highest volume of shares: Acadian Asset Management LLC ($123.52K), Banc Funds Co. LLC ($114.49K), Stieven Capital Advisors L.P. ($92.98K), Tributary Capital Management LLC ($77.09K), Dimensional Fund Advisors LP ($73.66K), Assenagon Asset Management S.A. ($64.22K), and Renaissance Technologies LLC ($32.77K).

Institutional investors have sold a total of 877,045 shares in the last 24 months. This volume of shares sold represents approximately $34.14M in transactions.