Mercantile Bank Corporation
DE ˙ DB ˙ GB00BYNVD082
€ 43,40 ↓ -1.80 (-3.98%)
2026-06-04
PREÇO DA AÇÃO
SecurityDE:MCS / Mercantile Bank Corporation
InstitutionEmpowered Funds, LLC
Latest Disclosed Ownership78,969 shares
Latest Disclosed Value $ 3,987,935
Empowered Funds, LLC reports 6.89% increase in ownership of MCS / Mercantile Bank Corporation

On May 15, 2026 - Empowered Funds, LLC filed a 13F-HR form disclosing ownership of 78,969 shares of Mercantile Bank Corporation (DE:MCS) valued at $3,411,461 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 73,878 shares of Mercantile Bank Corporation. This represents a change in shares of 6.89% during the quarter. The current value of the position is $3,427,255 USD.

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 Avg Price
Paid (Est)
Reported
Shares
ΔShares ΔShares
(%)
Reported
Value
(x1000)
ΔValue
(%)
Alloc
(%)
ΔAlloc ΔAlloc (%) Cost Basis
(x1000)
Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F MERCANTILE BK COM 587376104 78,969 5,091 6.89 3,988 12.22 0.0112
2026-02-11 2025-12-31 13F MERCANTILE BK COM 587376104 73,878 8,014 12.17 3,554 19.91 0.0283
2025-11-13 2025-09-30 13F MERCANTILE BK COM 587376104 65,864 5,522 9.15 2,964 5.82 0.0299
2025-08-11 2025-06-30 13F MERCANTILE BK COM 587376104 60,342 2,611 4.52 2,800 11.69 0.0317
2025-05-16 2025-03-31 13F MERCANTILE BK COM 587376104 57,731 2,255 4.06 2,508 1.58 0.0357
2025-01-28 2024-12-31 13F MERCANTILE BK COM 587376104 55,476 2,659 5.03 2,468 6.89 0.0361
2024-11-06 2024-09-30 13F MERCANTILE BK COM 587376104 52,817 2,680 5.35 2,309 13.52 0.0363
2024-07-30 2024-06-30 13F MERCANTILE BK COM 587376104 50,137 3,600 7.74 2,034 13.57 0.0352
2024-05-07 2024-03-31 13F/A-1 MERCANTILE BK COM 587376104 46,537 3,500 8.13 1,791 3.11 0.0323
2024-05-06 2024-03-31 13F MERCANTILE BK COM 587376104 46,537 3,500 1,791 0.0155
2024-02-14 2023-12-31 13F MERCANTILE BK COM 587376104 43,037 3,840 9.80 1,738 43.44 0.0436
2023-11-01 2023-09-30 13F MERCANTILE BK COM 587376104 39,197 3,160 8.77 1,212 21.71 0.0357
2023-07-27 2023-06-30 13F MERCANTILE BK COM 587376104 36,037 36,037 995 0.0350
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.