Vanguard Group Inc ownership in MCS / Mercantile Bank Corporation

Mercantile Bank Corporation

DE ˙ DB ˙ GB00BYNVD082

43,40 € ↓ -1,80 (-3,98%)

2026-06-04
AKTIENPREIS

Security	DE:MCS / Mercantile Bank Corporation
Institution	Vanguard Group Inc
Latest Disclosed Ownership	1,039,359 shares
Ownership	6.40%

2025-07-29 - Vanguard Group Inc has filed an SCHEDULE 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,039,359 shares of Mercantile Bank Corporation (DE:MCS). This represents 6.4 percent ownership of the company. In their previous filing dated 2024-11-12 , Vanguard Group Inc had reported owning 867,525 shares, indicating an increase of 19.81 percent.

Institutional Ownership: 13D/G Filings

This table shows a history of the 13D/G filings made by the investor and/or investor group. Note that the share values in this table are not directly comparable to any numbers shown in the 13F table (if any).

File Date	Effective Date	Form	Prev Shares	Latest Shares	ΔShares (Percent)	Ownership (Percent)	ΔOwnership (Percent)
2025-07-29	2025-07-29	13G/A	867,525	1,039,359	19.81	6.40	19.18
2024-11-12	2024-11-12	13G/A	867,525	867,525	0.00	5.37	0.00
2024-11-04	2024-11-04	13G/A		867,525		5.37

Important Note: One of the primary uses of the 13D/G filings is to evaluate the ability of a firm to control a company (ie, the "beneficial ownership"). To that end, firms are required to report not just direct holdings in companies, but indirect holdings that they control. For investment firms, these indirect holdings can include shares in funds they manage, advisory accounts, and in the case of activist campaigns, pledged votes. Therefore, share counts listed in 13D/G filings can differ significantly than share counts listed in 13F filings.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)

File Date	Effective Date	Form	Security	Class	ID	Reported Shares	ΔShares	ΔShares (%)	Reported Value (x1000)	ΔValue (%)	Alloc (%)
2026-01-29	2025-12-31	13F	MERCANTILE BK	COM	587376104	1,066,368	27,403	2.64	51,292	9.71	0.0007
2025-11-07	2025-09-30	13F	MERCANTILE BK	COM	587376104	1,038,965	-394	-0.04	46,753	-3.07	0.0007
2025-08-11	2025-06-30	13F	MERCANTILE BK	COM	587376104	1,039,359	22,283	2.19	48,237	9.18	0.0008
2025-05-09	2025-03-31	13F	MERCANTILE BK	COM	587376104	1,017,076	147,299	16.94	44,182	14.17	0.0008
2025-02-11	2024-12-31	13F	MERCANTILE BK	COM	587376104	869,777	2,252	0.26	38,696	2.02	0.0007
2024-11-13	2024-09-30	13F	MERCANTILE BK	COM	587376104	867,525	29,973	3.58	37,928	11.62	0.0007
2024-08-13	2024-06-30	13F	MERCANTILE BK	COM	587376104	837,552	32,218	4.00	33,979	9.62	0.0007
2024-05-10	2024-03-31	13F	MERCANTILE BK	COM	587376104	805,334	21,616	2.76	30,997	-2.05	0.0006
2024-03-11	2023-12-31	13F/A-1	MERCANTILE BK	COM	587376104	783,718	-16,147	-2.02	31,647	28.00	0.0007
2024-02-14	2023-12-31	13F	MERCANTILE BK	COM	587376104	783,718	-16,147		31,647		0.0006
2023-12-18	2023-09-30	13F/A-1	MERCANTILE BK	COM	587376104	799,865	13,400	1.70	24,724	13.82	0.0006
2023-11-14	2023-09-30	13F	MERCANTILE BK	COM	587376104	799,865	13,400		24,724		0.0001
2023-08-14	2023-06-30	13F	MERCANTILE BK	COM	587376104	786,465	-4,373	-0.55	21,722	-10.18	0.0005
2023-07-14	2023-03-31	13F/A-1	MERCANTILE BK	COM	587376104	790,838	18,104	2.34	24,184	-6.52	0.0006
2023-05-15	2023-03-31	13F	MERCANTILE BK	COM	587376104	790,838	18,104		24,184		0.0006
2023-02-10	2022-12-31	13F	MERCANTILE BK	COM	587376104	772,734	13,353	1.76	25,871	14.67	0.0007
2022-11-14	2022-09-30	13F	MERCANTILE BK	COM	587376104	759,381	1,674	0.22	22,561	-6.80	0.0007
2022-08-12	2022-06-30	13F	MERCANTILE BK	COM	587376104	757,707	-6,888	-0.90	24,208	-10.61	0.0007
2022-05-13	2022-03-31	13F	MERCANTILE BK	COM	587376104	764,595	30,382	4.14	27,082	5.29	0.0006
2022-02-14	2021-12-31	13F	MERCANTILE BK	COM	587376104	734,213	-12,563	-1.68	25,721	7.53	0.0006
2021-11-12	2021-09-30	13F	MERCANTILE BK	COM	587376104	746,776	-14,569	-1.91	23,919	4.03	0.0006
2021-08-13	2021-06-30	13F	MERCANTILE BK	COM	587376104	761,345	-2,851	-0.37	22,992	-7.34	0.0006
2021-05-14	2021-03-31	13F	MERCANTILE BANK	COM	587376104	764,196	5,186	0.68	24,813	20.32	0.0007
2021-02-12	2020-12-31	13F	MERCANTILE BANK	COM	587376104	759,010	-23,905	-3.05	20,622	46.18	0.0006
2020-11-16	2020-09-30	13F	MERCANTILE BANK	COM	587376104	782,915	-10,791	-1.36	14,107	-21.35	0.0005
2020-08-14	2020-06-30	13F	MERCANTILE BANK	COM	587376104	793,706	16,157	2.08	17,937	8.97	0.0006
2020-05-15	2020-03-31	13F	MERCANTILE BANK	COM	587376104	777,549	4,807	0.62	16,461	-41.59	0.0007
2020-02-14	2019-12-31	13F	MERCANTILE BANK	COM	587376104	772,742	11,724	1.54	28,182	12.90	0.0010
2019-11-14	2019-09-30	13F	MERCANTILE BANK	COM	587376104	761,018	5,583	0.74	24,962	1.42	0.0009
2019-08-14	2019-06-30	13F	MERCANTILE BANK	COM	587376104	755,435	-20,602	-2.65	24,612	-3.07	0.0009
2019-05-15	2019-03-31	13F	MERCANTILE BANK	COM	587376104	776,037	47,144	6.47	25,392	23.26	0.0010
2019-02-14	2018-12-31	13F	MERCANTILE BANK	COM	587376104	728,893	10,245	1.43	20,600	-14.10	0.0009
2018-12-13	2018-09-30	13F/A-2	MERCANTILE BANK	COM	587376104	718,648	5,818	0.82	23,982	-8.97	0.0009
2018-11-23	2018-09-30	13F/A-1	MERCANTILE BANK	COM	587376104	718,648	0		23,982		0.0009
2018-11-14	2018-09-30	13F	MERCANTILE BANK	COM	587376104	718,648	5,818		23,982
2018-08-14	2018-06-30	13F	MERCANTILE BANK	COM	587376104	712,830	9,227	1.31	26,346	12.61	0.0011
2018-05-15	2018-03-31	13F	MERCANTILE BANK	COM	587376104	703,603	22,652	3.33	23,395	-2.86	0.0010
2018-02-14	2017-12-31	13F	MERCANTILE BANK	COM	587376104	680,951	-29,122	-4.10	24,084	-2.81	0.0011
2017-11-14	2017-09-30	13F	MERCANTILE BANK	COM	587376104	710,073	28,706	4.21	24,781	15.53	0.0012
2017-08-24	2017-06-30	13F/A-1	MERCANTILE BANK	COM	587376104	681,367	45,330	7.13	21,449	-1.97	0.0011
2017-08-11	2017-06-30	13F	MERCANTILE BANK	COM	587376104	681,367	45,330		21,449
2017-05-12	2017-03-31	13F	MERCANTILE BANK	COM	587376104	636,037	13,030	2.09	21,880	-6.84	0.0011
2017-02-14	2016-12-31	13F	MERCANTILE BANK	COM	587376104	623,007	24,884	4.16	23,487	46.25	0.0013
2016-11-14	2016-09-30	13F	MERCANTILE BANK	COM	587376104	598,123	107,743	21.97	16,060	37.25	0.0009
2016-08-10	2016-06-30	13F	MERCANTILE BANK	COM	587376104	490,380	19,455	4.13	11,701	10.83	0.0007
2016-05-13	2016-03-31	13F	MERCANTILE BANK	COM	587376104	470,925	13,347	2.92	10,558	-5.98	0.0007
2016-02-08	2015-12-31	13F	MERCANTILE BANK	COM	587376104	457,578	440,984	2,657.49	11,229	3,154.78	0.0008
2015-11-12	2015-09-30	13F/A-1	MERCANTILE BANK	COM	587376104	16,594	-423,610	-96.23	345	-96.34	0.0000
2015-11-12	2015-09-30	13F/A-1	MERCANTILE BANK	COM	587376104	884,552	444,348		18,381		0.0008
2015-08-13	2015-06-30	13F	MERCANTILE BANK	COM	587376104	440,204	3,918	0.90	9,424	10.49	0.0006
2015-05-15	2015-03-31	13F/A-1	MERCANTILE BANK	COM	587376104	436,286	5,093	1.18	8,529	-5.89	0.0006
2015-05-14	2015-03-31	13F	MERCANTILE BANK	COM	587376104	436,286			8,529
2015-02-12	2014-12-31	13F	MERCANTILE BANK	COM	587376104	431,193	1,496	0.35	9,063	10.71	0.0007
2014-11-12	2014-09-30	13F	MERCANTILE BANK	COM	587376104	429,697	2,392	0.56	8,186	-16.27	0.0006
2014-08-11	2014-06-30	13F	MERCANTILE BANK	COM	587376104	427,305	182,732	74.71	9,777	93.87	0.0008
2014-05-13	2014-03-31	13F	MERCANTILE BANK	COM	587376104	244,573	5,092	2.13	5,043	-2.42	0.0004
2014-02-12	2013-12-31	13F	MERCANTILE BANK	COM	587376104	239,481	631	0.26	5,168	-0.65	0.0005
2013-11-07	2013-09-30	13F	MERCANTILE BANK	COM	587376104	238,850	676	0.28	5,202	21.54	0.0005
2013-08-13	2013-06-30	13F	MERCANTILE BANK	COM	587376104	238,174	238,174		4,280		0.0004

Legend

Shares: The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value: The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price: The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class: This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred

Allocation (%): The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation: The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%): The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis: The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss: This is the market value of the position as of the effective date minus the cost basis.