Mercantile Bk Corp (MBWM): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Q: Is it too late to buy Mercantile Bk Corp (MBWM) following the 2026 Q1 hedge fund 13F filings?

As of today, MBWM has moved +7.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of +2.0%. Since the quarter end (March 31, 2026), MBWM gained +6.4% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Mercantile Bk Corp (MBWM)

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

Smart Money Signals — MBWM

Based on 197 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q

For 1 consecutive quarter, 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

197 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.

〰️

Stable — ownership unchanged year-over-year

fund count last 6Q

The number of hedge funds holding MBWM is almost the same as a year ago (+2 funds, +1% change). No significant rush to buy or sell — institutional backing is holding steady.

🟡

Slight buying edge — 58% buying

99 buying73 selling

Last quarter: 99 funds bought or added vs 73 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 (+11 vs last Q)

new funds entering per quarter

Funds opening a new MBWM position: 15 → 24 → 17 → 28. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔒

61% of holders stayed for 2+ years

■ 61% conviction (2yr+) ■ 22% medium ■ 17% new

120 out of 197 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.

📈

Growing discovery — still being found

32 → 15 → 24 → 17 → 28 new funds/Q

New funds entering each quarter: 15 → 24 → 17 → 28. A growing number of institutions are discovering MBWM each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 62% veterans vs 23% newcomers

■ 62% veterans ■ 14% 1-2yr ■ 23% new

Entry-cohort mix of 197 holders: 123 (62%) are 2+ year veterans, 28 entered 1–2 years ago, and 46 (23%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

🏆

Elite ownership — 47% AUM from top-100 funds

47% from top-100 AUM funds

44 of 197 holders are among the 100 largest funds by AUM, controlling 47% 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.

3.4

out of 10

Low Exit Risk

Exit risk score 3.4/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	197	190	3.68%
13F Shares	12M	11M	7.55%
Total Value	$567M	$517M	9.61%
New Positions	28	17	+11
Increased Positions	71	60	+11
Closed Positions	21	23	-2
Reduced Positions	52	82	-30
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

197

190

3.68%

13F Shares

12M

11M

7.55%

Total Value

$567M

$517M

9.61%

New Positions

+11

Increased Positions

+11

Closed Positions

-2

Reduced Positions

-30

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

197 + 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:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 MBWM holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Rosenthal \| Henry Capital Advisors, Inc.	2.22%	45,000	$2.3M
2	Elizabeth Park Capital Advisors, Ltd.	1.98%	50,971	$2.6M
3	Banc Funds Co LLC	1.23%	131,160	$6.6M
4	jvl associates llc	1.11%	65,508	$3.3M
5	Tributary Capital Management, LLC	1.10%	224,632	$11.3M
6	Siena Capital Partners GP, LLC	1.10%	83,966	$4.2M
7	North Star Asset Management Inc	0.84%	383,180	$19.4M
8	Round Hill Asset Management	0.56%	16,925	$855K
9	Daytona Street Capital LLC	0.49%	12,260	$632K
10	De Lisle Partners LLP	0.46%	75,649	$3.8M
11	Wakefield Asset Management LLLP	0.31%	22,830	$1.2M
12	LaFleur & Godfrey LLC	0.20%	31,499	$1.6M
13	JMN Financial LLC	0.20%	3,964	$200K
14	Shakespeare Wealth Management, LLC	0.14%	11,574	$584K
15	Bridgeway Capital Management, LLC	0.13%	126,269	$6.4M
16	CHICAGO TRUST Co NA	0.13%	15,591	$787K
17	626 Financial, LLC	0.11%	4,876	$246K
18	Discipline Wealth Solutions, LLC	0.11%	19,826	$1.0M
19	LeClair Wealth Partners LLC	0.10%	5,826	$294K
20	Blue Water Asset Management	0.10%	5,826	$294K
21	Lvm Capital Management Ltd/Mi	0.07%	13,977	$706K
22	Strategies Wealth Advisors, LLC	0.06%	11,100	$561K
23	Inspire Investing, LLC	0.04%	10,160	$513K
24	DGS Capital Management, LLC	0.04%	4,676	$236K
25	Renaissance Technologies LLC	0.04%	472,213	$23.8M

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 — 1 quarter in a row: For 1 consecutive quarter, 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 — 58% buying: Last quarter: 99 funds bought or added vs 73 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 — 47% AUM from top-100 funds: 44 of 197 holders are among the 100 largest funds by AUM, controlling 47% 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?

61% of holders stayed for 2+ years: 120 out of 197 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.

Is it too late to buy Mercantile Bk Corp (MBWM) following the 2026 Q1 hedge fund 13F filings?

As of today, MBWM has moved +7.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +5.8% for the XLF sector ETF — an outperformance of +2.0%. Since the quarter end (March 31, 2026), MBWM has gained +6.4% vs +9.5% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

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Mercantile Bk Corp (MBWM)

Smart Money Signals — MBWM

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Stable — ownership unchanged year-over-year

Slight buying edge — 58% buying

More new buyers each quarter (+11 vs last Q)

61% of holders stayed for 2+ years

Growing discovery — still being found

Veteran-anchored — 62% veterans vs 23% newcomers

Elite ownership — 47% AUM from top-100 funds

Institutional Sentiment Summary — MBWM

Hedge Fund Ownership: MBWM

Market Analysis: MBWM

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: MBWM

Is It Too Late to Buy Mercantile Bk Corp (MBWM) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: MBWM

Statistics: MBWM

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Mercantile Bk Corp (MBWM)

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