Mercantile Bank Corporation
Hedge Funds Holdings
Last updated:
Mercantile Bank Corporation‘s stocks are currently a part of 80 hedge funds’ portfolios, which represents 37.94% of the total amount of its stocks outstanding. This makes up a total of 6.01M shares of Mercantile Bank Corporation. Compared to the previous quarter, the number fell by -32.82% or -2.93M shares fewer. As for the holding position changes, 40% (32) of current hedge fund investors increased the number of shares held, 31.25% (25) of current holders sold a part of the shares held, and 12.5% (10) closed the holdings completely. 5 hedge funds are new holders of Mercantile Bank Corporation stock in Q1 2023, it is 6.25% of total holders.
Hedge funds holding Mercantile Bank (Q2 2018 – Q1 2023)
| Q2 2018 | 104 |
|---|---|
| Q3 2018 | 105 |
| Q4 2018 | 105 |
| Q1 2019 | 103 |
| Q2 2019 | 105 |
| Q3 2019 | 109 |
| Q4 2019 | 111 |
| Q1 2020 | 97 |
| Q2 2020 | 99 |
| Q3 2020 | 94 |
| Q4 2020 | 103 |
| Q1 2021 | 116 |
| Q2 2021 | 112 |
| Q3 2021 | 114 |
| Q4 2021 | 117 |
| Q1 2022 | 119 |
| Q2 2022 | 125 |
| Q3 2022 | 121 |
| Q4 2022 | 129 |
| Q1 2023 | 80 |
Hedge funds changes in Mercantile Bank positions (Q2 2018 – Q1 2023)
| Q2 2018 | 10 | 44 | 28 | 11 | 11 |
|---|---|---|---|---|---|
| Q3 2018 | 8 | 41 | 33 | 7 | 16 |
| Q4 2018 | 14 | 36 | 38 | 14 | 3 |
| Q1 2019 | 11 | 35 | 36 | 12 | 9 |
| Q2 2019 | 15 | 38 | 29 | 11 | 12 |
| Q3 2019 | 12 | 40 | 33 | 8 | 16 |
| Q4 2019 | 11 | 38 | 38 | 8 | 16 |
| Q1 2020 | 5 | 42 | 30 | 18 | 2 |
| Q2 2020 | 12 | 35 | 32 | 10 | 10 |
| Q3 2020 | 8 | 24 | 34 | 13 | 15 |
| Q4 2020 | 17 | 29 | 35 | 8 | 14 |
| Q1 2021 | 17 | 30 | 40 | 4 | 25 |
| Q2 2021 | 7 | 36 | 41 | 11 | 17 |
| Q3 2021 | 7 | 37 | 41 | 5 | 24 |
| Q4 2021 | 13 | 26 | 45 | 8 | 25 |
| Q1 2022 | 11 | 43 | 43 | 10 | 12 |
| Q2 2022 | 17 | 43 | 39 | 7 | 19 |
| Q3 2022 | 10 | 43 | 42 | 13 | 13 |
| Q4 2022 | 19 | 47 | 41 | 10 | 12 |
| Q1 2023 | 5 | 32 | 25 | 10 | 8 |
Hedge funds changes in Mercantile Bank stock options (Q2 2018 – Q1 2023)
| Q2 2018 | 0 | 376,000 |
|---|---|---|
| Q3 2018 | 0 | 714,000 |
| Q4 2018 | 0 | 574,000 |
| Q1 2019 | 0 | 0 |
| Q2 2019 | 0 | 599,000 |
| Q3 2019 | 0 | 0 |
| Q4 2019 | 0 | 0 |
| Q1 2020 | 0 | 0 |
| Q2 2020 | 0 | 0 |
| Q3 2020 | 0 | 330,000 |
| Q4 2020 | 2,000 | 0 |
| Q1 2021 | 0 | 996,000 |
| Q2 2021 | 0 | 33,000 |
| Q3 2021 | 0 | 33,000 |
| Q4 2021 | 0 | 0 |
| Q1 2022 | 0 | 0 |
| Q2 2022 | 0 | 0 |
| Q3 2022 | 282,000 | 0 |
| Q4 2022 | 0 | 0 |
| Q1 2023 | 30,000 | 0 |