Form 13-F position report

MERCANTILE BANK CORP

Reported by VANGUARD GROUP INC

MBWM CUSIP 587376104 Manager CIK 0000102909

Reported 772,734 shares, up 13,353 (1.8%) from the prior quarter.

Reported value 14.7%; share count 1.8% vs. the prior quarter.

Added
% of reported 13F value < 0.01% This manager · Q4 2022
Shares 772,734 Quarter-end amount reported
Reported value $25,871,134 Fair value at quarter end
Consecutive quarters held 39 Through Q4 2022

Reported position value by quarter

Reported position value by quarter

Each bar is a Form 13-F quarter-end snapshot. It does not show trades made within the quarter.

Reported position value by quarter
Date Holding Value
2021-03-31 24813000
2021-06-30 22992000
2021-09-30 23919000
2021-12-31 25721000
2022-03-31 27082000
2022-06-30 24208000
2022-09-30 22561000
2022-12-31 25871134
2023-03-31 24183826
2023-06-30 21722164
2023-09-30 24723827
2023-12-31 31646532
2024-03-31 30997306
2024-06-30 33979485
2024-09-30 37928193
2024-12-31 38696379
2025-03-31 44181781
2025-06-30 48236651
2025-09-30 46753425
2025-12-31 51292301

Quarterly position history

How this manager's reported quarter-end position changed over time.

20 quarters
Quarterly reported position history for MERCANTILE BANK CORP held by VANGUARD GROUP INC.
Quarter Activity Shares Change % of reported 13F Reported value Filed Source filing
Q4 2025 Added 1,066,368 +27,403 (2.6%) < 0.01% $51,292,301 2026-01-29
Q3 2025 Reduced 1,038,965 -394 (0.0%) < 0.01% $46,753,425 2025-11-07
Q2 2025 Added 1,039,359 +22,283 (2.2%) < 0.01% $48,236,651 2025-08-11
Q1 2025 Added 1,017,076 +147,299 (16.9%) < 0.01% $44,181,781 2025-05-09
Q4 2024 Added 869,777 +2,252 (0.3%) < 0.01% $38,696,379 2025-02-11
Q3 2024 Added 867,525 +29,973 (3.6%) < 0.01% $37,928,193 2024-11-13
Q2 2024 Added 837,552 +32,218 (4.0%) < 0.01% $33,979,485 2024-08-13
Q1 2024 Added 805,334 +21,616 (2.8%) < 0.01% $30,997,306 2024-05-10
Q4 2023 Reduced 783,718 -16,147 (-2.0%) < 0.01% $31,646,532 2024-02-14
Q3 2023 Added 799,865 +13,400 (1.7%) < 0.01% $24,723,827 2023-11-14
Q2 2023 Reduced 786,465 -4,373 (-0.6%) < 0.01% $21,722,164 2023-08-14
Q1 2023 Added 790,838 +18,104 (2.3%) < 0.01% $24,183,826 2023-05-15
Q4 2022 Added 772,734 +13,353 (1.8%) < 0.01% $25,871,134 2023-02-10
Q3 2022 Added 759,381 +1,674 (0.2%) < 0.01% $22,561,000 2022-11-14
Q2 2022 Reduced 757,707 -6,888 (-0.9%) < 0.01% $24,208,000 2022-08-12
Q1 2022 Added 764,595 +30,382 (4.1%) < 0.01% $27,082,000 2022-05-13
Q4 2021 Reduced 734,213 -12,563 (-1.7%) < 0.01% $25,721,000 2022-02-14
Q3 2021 Reduced 746,776 -14,569 (-1.9%) < 0.01% $23,919,000 2021-11-12
Q2 2021 Reduced 761,345 -2,851 (-0.4%) < 0.01% $22,992,000 2021-08-13
Q1 2021 Added 764,196 +5,186 (0.7%) < 0.01% $24,813,000 2021-05-14
Five years are shown. A free account unlocks the complete reported history. Unlock full history

Who else reported the position

138 managers reported MERCANTILE BANK CORP for Q4 2022.

Managers reporting MERCANTILE BANK CORP in Q4 2022.
Manager Activity Shares Change % of reported 13F Reported value Tenure
BlackRock Inc Added 1,409,174 +60,236 < 0.01% $47,179,146 35 qtrs
DIMENSIONAL FUND ADVISORS LP Added 1,190,201 +10,538 0.01% $39,848,000 39 qtrs
VANGUARD GROUP INC This report Added 772,734 +13,353 < 0.01% $25,871,134 39 qtrs
RENAISSANCE TECHNOLOGIES LLC Reduced 592,813 -30,000 0.03% $19,847,000 39 qtrs
BANC FUNDS CO LLC Unchanged 493,158 0 1.46% $16,511,000 39 qtrs
STATE STREET CORPORATION Reduced 376,157 -1,808 < 0.01% $12,593,736 39 qtrs
NORTH STAR ASSET MANAGEMENT INC Added 317,872 +7,321 0.66% $10,642,354 39 qtrs
Tributary Capital Management LLC Reduced 308,711 -11,870 1.03% $10,336,000 24 qtrs
Stieven Capital Advisors L P Added 297,008 +600 1.79% $9,943,828 5 qtrs
GEODE CAPITAL MANAGEMENT LLC Added 282,715 +10,465 < 0.01% $9,465,000 39 qtrs
Premium adds each manager's conviction percentile across reporting peers.
Filing details and methodology As reported
Report period
December 31, 2022
Filed
February 10, 2023
Filing type
13F-HR
Position type
COM

Voting authority reported

Sole
0
Shared
11,958
None
760,776

“None” means the manager reported no voting authority for those shares on non-routine matters. It does not disclose why and is not evidence of securities lending.

Form 13-F is a delayed quarter-end snapshot of disclosed long Section 13(f) securities. It can be filed up to 45 days after quarter end, excludes short positions and most non-U.S. securities, and does not reveal intra-quarter trading. For options, reported shares and value describe the underlying-share exposure; strike, expiry, premium, and written positions are not disclosed.