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Merchants Bancorp (MBIN)

CUSIP: 58844R108 | NYSE | Financial Services · Banks - Regional | Small Cap | 448 institutional holders

Quarters

Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025
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Institutional Holders — Q3 2026

Elser Financial Planning, Inc26,797,327
57.4% of portfolio›$1.3B
Dimensional Fund Advisors LP1,895,306
0.0% of portfolio›$92.8M
Valeo Financial Advisors, LLC222,274
0.2% of portfolio›$10.9M
Ballast Asset Management, LP131,322
2.8% of portfolio›$6.4M
Wasatch Advisors LP127,174
0.0% of portfolio›$6.2M
Principal Financial Group Inc121,301
0.0% of portfolio›$5.9M
Sapient Capital LLC60,521
0.0% of portfolio›$3.0M
Citigroup Inc47,074
0.0% of portfolio›$2.3M
Formidable Asset Management, LLC33,200
0.2% of portfolio›$1.7M
Verdence Capital Advisors LLC25,092
0.1% of portfolio›$1.2M
James Investment Research, Inc.23,770
0.1% of portfolio›$1.2M
Twelve Points Wealth Management LLC18,844
0.2% of portfolio›$981.6K
Strs Ohio15,900
0.0% of portfolio›$778.5K
Illinois Municipal Retirement Fund15,202
0.0% of portfolio›$744.3K
LJI Wealth Management, LLC15,000
0.1% of portfolio›$734.4K
Curry Webb Wealth Management LLC14,118
0.3% of portfolio›$705.9K
Inspire Investing, LLC13,021
0.0% of portfolio›$637.5K
Louisiana State Employees Retirement System10,800
0.0% of portfolio›$528.8K
Commonwealth Equity Services, LLC10,575
0.0% of portfolio›$517.7K
New York State Teachers Retirement System8,856
0.0% of portfolio›$434
Zega Investments, LLC7,200
0.0% of portfolio›$352.5K
Harbor Capital Advisors, Inc.6,608
0.0% of portfolio›$324
Amalgamated Bank6,552
0.0% of portfolio›$321
Yousif Capital Management, LLC6,355
0.0% of portfolio›$311.1K
State of Alaska, Department of Revenue6,212
0.0% of portfolio›$303
Commonwealth of Pennsylvania Public School Empls Retrmt SYS5,953
0.0% of portfolio›$291.5K
Arizona State Retirement System5,820
0.0% of portfolio›$284.9K
Oregon Public Employees Retirement Fund5,700
0.0% of portfolio›$279.1K
Creative Planning4,956
0.0% of portfolio›$242.6K
Wealth Enhancement Advisory Services, LLC4,899
0.0% of portfolio›$244.0K
Swiss Life Asset Management Ltd4,531
0.0% of portfolio›$221.8K
USA Financial Formulas1,416
0.0% of portfolio›$69.3K
Simplex Trading, LLC723
0.0% of portfolio›$35.4K
Sterling Capital Management LLC609
0.0% of portfolio›$29.8K
Gamma Investing LLC608
0.0% of portfolio›$29.8K
Versant Capital Management, Inc594
0.0% of portfolio›$29.1K
Nisa Investment Advisors, LLC395
0.0% of portfolio›$19.4K
Farther Finance Advisors, LLC340
0.0% of portfolio›$16.7K
Pinnacle Wealth Planning Services, Inc.326
0.0% of portfolio›$16.0K
Capital Advisors, Ltd. LLC318
0.0% of portfolio›$16
EverSource Wealth Advisors, LLC240
0.0% of portfolio›$11.8K
Larson Financial Group LLC231
0.0% of portfolio›$11.3K
Salomon & Ludwin, LLC225
0.0% of portfolio›$11.0K
Owl Creek Wealth Partners LLC180
0.0% of portfolio›$8.8K
IFP Advisors, Inc84
0.0% of portfolio›$4.1K
Parallel Advisors, LLC76
0.0% of portfolio›$3.7K
Signaturefd, LLC55
0.0% of portfolio›$2.7K
Caitong International Asset Management Co., Ltd43
0.0% of portfolio›$2.1K
Torren Management, LLC38
0.0% of portfolio›$1.9K
True Wealth Design, LLC36
0.0% of portfolio›$1.8K
Ascentis Wealth Management, LLC35
0.0% of portfolio›$1.7K
Pension & Wealth Management Advisors, Inc.34
0.0% of portfolio›$1.7K
Root Financial Partners, LLC28
0.0% of portfolio›$1.4K
SJS Investment Consulting Inc.26
0.0% of portfolio›$1.3K
Farmers & Merchants Investments Inc25
0.0% of portfolio›$1.2K
Essential Partners LLC24
0.0% of portfolio›$1.2K
Parkside Financial Bank & Trust20
0.0% of portfolio›$980
Clark Wealth Partners17
0.0% of portfolio›$835
Covestor Ltd9
0.0% of portfolio›$0
Silver Grove Financial Group, Inc.9
0.0% of portfolio›$441
Assetmark, Inc8
0.0% of portfolio›$392
UMB Private Wealth Management, LLC8
0.0% of portfolio›$392
Financial Consulate, Inc7
0.0% of portfolio›$343
Valley National Advisers Inc6
0.0% of portfolio›$294
JFS Wealth Advisors, LLC6
0.0% of portfolio›$295
SBI Securities Co., Ltd.1
0.0% of portfolio›$49
Davis Capital Management1
0.0% of portfolio›$49
Gilpin Wealth Management, LLC1
0.0% of portfolio›$49
StyleTurnoverLocationFiled
Elser Financial Planning, Inc
26,797,327$1.3B57.4%GARPLowIndianapolis, IN2026-10-16
Dimensional Fund Advisors LP
1,895,306$92.8M0.0%IndexLowAustin, TX2026-11-04
Valeo Financial Advisors, LLC
222,274$10.9M0.2%ETFLowCarmel, IN2026-10-08
Ballast Asset Management, LP
131,322$6.4M2.8%Deep ValueLowDallas, TX2026-11-04
Wasatch Advisors LP
127,174$6.2M0.0%GARPMediumSalt Lake City, UT2026-10-13
Principal Financial Group Inc
121,301$5.9M0.0%CoreLowDes Moines, IA2026-11-02
Sapient Capital LLC
60,521$3.0M0.0%GrowthMediumIndianapolis, IN2026-10-08
Citigroup Inc
47,074$2.3M0.0%CoreMediumNew York, NY2026-11-04
Formidable Asset Management, LLC
33,200$1.7M0.2%CoreLowCincinnati, OH2026-11-03
Verdence Capital Advisors LLC
25,092$1.2M0.1%CoreMediumHunt Valley, MD2026-10-26
James Investment Research, Inc.
23,770$1.2M0.1%CoreLowAlpha, OH2026-10-22
Twelve Points Wealth Management LLC
18,844$981.6K0.2%ETFMediumConcord, MA2026-11-03
Strs Ohio
15,900$778.5K0.0%CoreMediumColumbus, OH2026-10-30
Illinois Municipal Retirement Fund
15,202$744.3K0.0%CoreMediumOak Brook, IL2026-11-05
LJI Wealth Management, LLC
15,000$734.4K0.1%ETFLowIndianapolis, IN2026-10-28
Curry Webb Wealth Management LLC
14,118$705.9K0.3%ETFLowIndianapolis, IN2026-10-22
Inspire Investing, LLC
13,021$637.5K0.0%GARPHighMeridian, ID2026-10-22
Louisiana State Employees Retirement System
10,800$528.8K0.0%IndexLowBaton Rouge, LA2026-10-20
Commonwealth Equity Services, LLC
10,575$517.7K0.0%ETFLowWaltham, MA2026-11-02
New York State Teachers Retirement System
8,856$4340.0%CoreVery LowAlbany, NY2026-10-22
Zega Investments, LLC
7,200$352.5K0.0%GrowthMediumPalm Beach Gardens, FL2026-11-04
Harbor Capital Advisors, Inc.
6,608$3240.0%ValueHighChicago, IL2026-10-22
Amalgamated Bank
6,552$3210.0%CoreVery LowNew York, NY2026-10-23
Yousif Capital Management, LLC
6,355$311.1K0.0%IndexVery LowBloomfield Hills, MI2026-10-22
State of Alaska, Department of Revenue
6,212$3030.0%CoreVery LowJuneau, AK2026-10-15
Commonwealth of Pennsylvania Public School Empls Retrmt SYS
5,953$291.5K0.0%CoreLowHarrisburg, PA2026-11-03
Arizona State Retirement System
5,820$284.9K0.0%IndexVery LowPhoenix, AZ2026-11-03
Oregon Public Employees Retirement Fund
5,700$279.1K0.0%IndexVery LowTigard, OR2026-10-30
Creative Planning
4,956$242.6K0.0%IndexVery LowOverland Park, KS2026-11-02
Wealth Enhancement Advisory Services, LLC
4,899$244.0K0.0%CoreLowPlymouth, MN2026-10-13
Swiss Life Asset Management Ltd
4,531$221.8K0.0%CoreLowZurich, Switzerland2026-11-03
USA Financial Formulas
1,416$69.3K0.0%ETFVery HighAda, MI2026-10-16
Simplex Trading, LLC
723$35.4K0.0%CoreVery HighChicago, IL2026-11-04
Sterling Capital Management LLC
609$29.8K0.0%GARPMediumCharlotte, NC2026-10-22
Gamma Investing LLC
608$29.8K0.0%IndexVery LowFoster City, CA2026-10-08
Versant Capital Management, Inc
594$29.1K0.0%GARPLowPhoenix, AZ2026-10-02
Nisa Investment Advisors, LLC
395$19.4K0.0%IndexVery LowSt. Louis, MO2026-10-20
Farther Finance Advisors, LLC
340$16.7K0.0%IndexLowSan Francisco, CA2026-10-08
Pinnacle Wealth Planning Services, Inc.
326$16.0K0.0%GARPLowMansfield, OH2026-10-27
Capital Advisors, Ltd. LLC
318$160.0%ETFLowShaker Heights, OH2026-10-27
EverSource Wealth Advisors, LLC
240$11.8K0.0%CoreMediumBirmingham, AL2026-11-04
Larson Financial Group LLC
231$11.3K0.0%GrowthLowSt Louis, MO2026-11-05
Salomon & Ludwin, LLC
225$11.0K0.0%ETFVery LowRichmond, VA2026-10-29
Owl Creek Wealth Partners LLC
180$8.8K0.0%IndexLowGreenwood Village, CO2026-10-20
IFP Advisors, Inc
84$4.1K0.0%GrowthLowTampa, FL2026-10-16
Parallel Advisors, LLC
76$3.7K0.0%IndexLowSan Francisco, CA2026-11-03
Signaturefd, LLC
55$2.7K0.0%IndexLowAtlanta, GA2026-10-23
Caitong International Asset Management Co., Ltd
43$2.1K0.0%GrowthVery HighHong Kong, South Korea2026-10-29
Torren Management, LLC
38$1.9K0.0%ETFMediumSan Diego, CA2026-10-29
True Wealth Design, LLC
36$1.8K0.0%ETFMediumAkron, OH2026-10-13
Ascentis Wealth Management, LLC
35$1.7K0.0%Agg GrowthLowDallas, TX2026-11-03
Pension & Wealth Management Advisors, Inc.
34$1.7K0.0%ETFLowWaltham, MA2026-10-16
Root Financial Partners, LLC
28$1.4K0.0%ETFMediumEncinitas, CA2026-10-21
SJS Investment Consulting Inc.
26$1.3K0.0%ETFVery LowSylvania, OH2026-10-26
Farmers & Merchants Investments Inc
25$1.2K0.0%CoreVery LowLincoln, NE2026-10-22
Essential Partners LLC
24$1.2K0.0%ValueMediumRancho Santa Fe, CA2026-10-14
Parkside Financial Bank & Trust
20$9800.0%CoreVery LowSaint Louis, MO2026-10-27
Clark Wealth Partners
17$8350.0%ETFVery LowO'Fallon, IL2026-10-19
Covestor Ltd
9$00.0%ValueHighLondon, United Kingdom2026-10-30
Silver Grove Financial Group, Inc.
9$4410.0%CoreMediumOrchard Park, NY2026-11-05
Assetmark, Inc
8$3920.0%ETFLowConcord, CA2026-10-21
UMB Private Wealth Management, LLC
8$3920.0%GrowthN/AKansas City, MO2026-10-19
Financial Consulate, Inc
7$3430.0%ETFLowHunt Valley, MD2026-10-23
Valley National Advisers Inc
6$2940.0%ETFLowBethlehem, PA2026-10-23
JFS Wealth Advisors, LLC
6$2950.0%ETFVery LowHermitage, PA2026-11-03
SBI Securities Co., Ltd.
1$490.0%Agg GrowthLowTokyo, Mexico2026-10-22
Davis Capital Management
1$490.0%CoreLowJacksonville, FL2026-10-08
Gilpin Wealth Management, LLC
1$490.0%GrowthLowDenver, CO2026-10-09