Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Mercantile Bk Corp (MBWM)

201 + Investors. Track Smart Money conviction in MBWM. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
2Q ▲
Buyers last Q
54%

Smart Money Signals — MBWM

Based on 202 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added MBWM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
202 hedge funds hold MBWM right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +5% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+5% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 54% buying

109 buying92 selling
Last quarter: 109 funds bought or added vs 92 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+8 vs last Q)

new funds entering per quarter
Funds opening a new MBWM position: 24 → 17 → 28 → 36. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

60% of holders stayed for 2+ years

■ 60% conviction (2yr+) ■ 20% medium ■ 20% new
121 out of 202 hedge funds have held MBWM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

16 → 24 → 17 → 28 → 36 new funds/Q
New funds entering each quarter: 24 → 17 → 28 → 36. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 63% veterans vs 24% newcomers

■ 63% veterans ■ 13% 1-2yr ■ 24% new
Entry-cohort mix of 202 holders: 127 (63%) are 2+ year veterans, 26 entered 1–2 years ago, and 49 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 64% AUM from top-100 funds

64% from top-100 AUM funds
48 of 202 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in MBWM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — MBWM

In 2026 Q2, 109 hedge funds were net buyers of MBWM (36 opened a new position, 73 added to an existing one), while 92 reduced or exited (60 trimmed, 32 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 64% of total institutional value in MBWM is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 202.

Hedge Fund Ownership: MBWM

How many hedge funds hold MBWM — quarterly history vs. share price
Quarterly hedge fund ownership of MBWM vs. share price

Market Analysis: MBWM

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: MBWM

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

10 top-rated funds 0 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: MBWM
201 + Investors

Track Smart Money conviction in MBWM. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 201 198 1.52%
13F Shares 12M 12M 3.3%
Total Value $666M $567M 17.41%
New Positions 36 28 +8
Increased Positions 72 71 +1
Closed Positions 33 21 +12
Reduced Positions 60 52 +8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: MBWM

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

201 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in MBWM. Verified SEC 13F-HR filings.

QUARTER:
Top 25 MBWM holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Elizabeth Park Capital Advisors, Ltd. 2.02% 50,971 $2.9M
2 Rhino Investment Partners, Inc 1.63% 93,925 $5.4M
3 Banc Funds Co LLC 1.24% 131,160 $7.5M
4 Siena Capital Partners GP, LLC 1.17% 83,966 $4.8M
5 jvl associates llc 1.09% 67,194 $3.9M
6 Tributary Capital Management, LLC 1.03% 218,146 $12.5M
7 North Star Asset Management Inc 0.85% 377,427 $21.7M
8 Maltese Capital Management LLC 0.63% 60,000 $3.4M
9 Round Hill Asset Management 0.61% 16,925 $972K
10 Bluebird Wealth Management LLC 0.53% 10,612 $609K
11 Daytona Street Capital LLC 0.49% 11,856 $674K
12 De Lisle Partners LLP 0.47% 75,649 $4.3M
13 Abundance Wealth Counselors 0.21% 56,181 $3.2M
14 LaFleur & Godfrey LLC 0.21% 30,595 $1.8M
15 JMN Financial LLC 0.18% 4,077 $234K
16 Shakespeare Wealth Management, LLC 0.18% 11,574 $665K
17 CHICAGO TRUST Co NA 0.13% 15,591 $895K
18 Blue Water Asset Management 0.11% 5,865 $337K
19 626 Financial, LLC 0.11% 4,701 $270K
20 Discipline Wealth Solutions, LLC 0.10% 19,826 $1.1M
21 Fiduciary Financial Advisors 0.09% 15,923 $914K
22 Ruggaard & Associates LLC 0.08% 3,970 $228K
23 Atom Investors LP 0.08% 15,145 $870K
24 Aigen Investment Management, LP 0.06% 3,673 $211K
25 Strategies Wealth Advisors, LLC 0.06% 11,136 $639K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Mercantile Bk Corp (MBWM)

What does the Smart Money Trend signal show for MBWM?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added MBWM than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for MBWM?

Slight buying edge — 54% buying: Last quarter: 109 funds bought or added vs 92 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for MBWM holders?

Elite ownership — 64% AUM from top-100 funds: 48 of 202 holders are among the 100 largest funds by AUM, controlling 64% of total institutional value in MBWM. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held MBWM?

60% of holders stayed for 2+ years: 121 out of 202 hedge funds have held MBWM for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

Full history →