MBIN · Merchants Bancorp · Holdings
Market Cap
$2.42B
Shares
45.94M
Institutional ownership from SEC Form 13F filings. Investment managers with more than $100 million in U.S. equities must disclose their positions every quarter, within 45 days of quarter-end, so the holdings shown can lag the market by up to a quarter.
Holders: 192
Total Value: $2,260,973,649
Total Shares: 45,221,684
Showing 1–100
of 195 holdings by value
· page 1 of 2
Institutional Ownership Trend
26 quarters
Superinvestors Holding MBIN
All superinvestors →Holder Concentration
Across 192 13F filers · Δ vs Mar 31, 2026Top Holder
59.3%
+0.0 pts
Top 5
77.1%
+0.2 pts
Top 10
85.8%
−0.0 pts
HHI
3,646
Highly concentrated+8
Quarterly Activity
vs Mar 31, 2026
New
30
Increased
57
Decreased
63
Sold Out
18
Unchanged
42
Holder count:
+12
Institutional value:
+15.7%
Shares held:
-0.7%
Top Buyers
vs Mar 31, 2026| Institution | Added | Now Holds | Open |
|---|---|---|---|
| Mega AMERICAN CENTURY COMPANIES INC | +94,417 | 837,052 | |
| Mega Invesco Ltd. | +85,328 | 240,395 | |
| Mega DIMENSIONAL FUND ADVISORS LP | +68,159 | 1,827,144 | |
| Mega BlackRock, Inc. | +54,275 | 4,105,193 | |
| Mid XTX Topco Ltd | +45,338 | 64,985 |
Top Sellers
vs Mar 31, 2026| Institution | Sold | Now Holds | Open |
|---|---|---|---|
| Small Doma Perpetual Capital Management LLC | −305,512 | 810,082 | |
| Mid Elser Financial Planning, Inc | −174,476 | 26,808,625 | |
| Mega GOLDMAN SACHS GROUP INC | −55,322 | 71,239 | |
| Large SEI INVESTMENTS CO | −54,253 | 54,722 | |
| Large NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | −48,012 | 1,044,992 |
Top New Positions
vs Mar 31, 2026| Institution | Acquired | Value (USD) | Open |
|---|---|---|---|
| Large ExodusPoint Capital Management, LP | 25,670 | $1,283,500 | |
| Mega MILLENNIUM MANAGEMENT LLC | 25,501 | $1,275,050 | |
| Large CAPSTONE INVESTMENT ADVISORS, LLC | 19,018 | $950,900 | |
| Small LJI Wealth Management, LLC | 15,000 | $750,000 | |
| Small ZEGA Investments, LLC | 14,400 | $720,000 |
Top Sold-Out Positions
vs Mar 31, 2026| Institution | Previously Held | Last Value (USD) | Open |
|---|---|---|---|
| Large MACKENZIE FINANCIAL CORP | 87,093 | $3,737,160 | |
| Large RENAISSANCE TECHNOLOGIES LLC | 49,089 | $2,106,408 | |
| Small Wakefield Asset Management LLLP | 29,530 | $1,267,132 | |
| Large Trexquant Investment LP | 29,191 | $1,252,585 | |
| Small MIRABELLA FINANCIAL SERVICES LLP | 9,706 | $416,484 |
| Holder | Value (USD) | % of 13F | Shares | Type | Filed | Open |
|---|---|---|---|---|---|---|
| Mid Elser Financial Planning, Inc | $1,340,431,250 | 59.29% | 26,808,625 | Shares | 2026-07-14 | |
| Mega BlackRock, Inc. | $205,259,650 | 9.08% | 4,105,193 | Shares | 2026-08-07 | |
| Mega DIMENSIONAL FUND ADVISORS LP | $91,357,200 | 4.04% | 1,827,144 | Shares | 2026-08-11 | |
| Mega STATE STREET CORP | $53,348,600 | 2.36% | 1,066,972 | Shares | 2026-08-07 | |
| Large NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $52,249,600 | 2.31% | 1,044,992 | Shares | 2026-08-14 | |
| Mega VANGUARD CAPITAL MANAGEMENT LLC | $50,790,650 | 2.25% | 1,015,813 | Shares | 2026-08-13 | |
| Mega AMERICAN CENTURY COMPANIES INC | $41,852,600 | 1.85% | 837,052 | Shares | 2026-08-12 | |
| Small Doma Perpetual Capital Management LLC | $40,504,100 | 1.79% | 810,082 | Shares | 2026-08-12 | |
| Mega GEODE CAPITAL MANAGEMENT, LLC | $37,016,300 | 1.64% | 740,326 | Shares | 2026-08-12 | |
| Large ROYCE & ASSOCIATES LP | $26,352,350 | 1.17% | 527,047 | Shares | 2026-08-14 | |
| Mega VANGUARD PORTFOLIO MANAGEMENT LLC | $24,411,050 | 1.08% | 488,221 | Shares | 2026-08-13 | |
| Mega MORGAN STANLEY | $15,438,750 | 0.68% | 308,775 | Shares | 2026-08-13 | |
| Mega NORTHERN TRUST CORP Bank | $15,090,100 | 0.67% | 301,802 | Shares | 2026-08-13 | |
| Large HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $14,921,900 | 0.66% | 298,438 | Shares | 2026-08-14 | |
| Small BANC FUNDS CO LLC | $14,253,100 | 0.63% | 285,062 | Shares | 2026-08-13 | |
| Mid BASSWOOD CAPITAL MANAGEMENT, L.L.C. | $13,687,350 | 0.61% | 273,747 | Shares | 2026-08-14 | |
| Mega CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $12,627,400 | 0.56% | 252,548 | Shares | 2026-08-14 | |
| Mega Invesco Ltd. | $12,019,750 | 0.53% | 240,395 | Shares | 2026-08-14 | |
| Mega Bank of New York Mellon Corp Bank | $11,718,900 | 0.52% | 234,378 | Shares | 2026-08-06 | |
| Mid Valeo Financial Advisors, LLC | $11,349,900 | 0.50% | 226,998 | Shares | 2026-07-08 | |
| Mega ROYAL BANK OF CANADA Bank | $11,032,050 | 0.49% | 220,641 | Shares | 2026-08-14 | |
| Mega VANGUARD FIDUCIARY TRUST CO Bank | $9,531,200 | 0.42% | 190,624 | Shares | 2026-08-13 | |
| Small DENALI ADVISORS LLC | $8,728,800 | 0.39% | 174,576 | Shares | 2026-08-10 | |
| Mega PRINCIPAL FINANCIAL GROUP INC | $7,123,800 | 0.32% | 142,476 | Shares | 2026-08-04 | |
| Small Ballast Asset Management, LP | $6,763,500 | 0.30% | 135,270 | Shares | 2026-08-13 | |
| Mega BANK OF AMERICA CORP /DE/ Bank | $6,057,100 | 0.27% | 121,142 | Shares | 2026-08-14 | |
| Mega Russell Investments Group, Ltd. | $5,601,050 | 0.25% | 112,021 | Shares | 2026-08-06 | |
| Mega DEUTSCHE BANK AG\ Bank | $5,283,650 | 0.23% | 105,673 | Shares | 2026-08-07 | |
| Mega FIRST TRUST ADVISORS LP | $5,045,800 | 0.22% | 100,916 | Shares | 2026-08-11 | |
| Large Public Sector Pension Investment Board Pension | $5,038,150 | 0.22% | 100,763 | Shares | 2026-08-13 | |
| Mega FRANKLIN RESOURCES INC | $4,943,700 | 0.22% | 98,874 | Shares | 2026-08-13 | |
| Mega GOLDMAN SACHS GROUP INC | $3,561,950 | 0.16% | 71,239 | Shares | 2026-08-14 | |
| Mega AMERIPRISE FINANCIAL INC | $3,522,950 | 0.16% | 70,459 | Shares | 2026-08-14 | |
| Mega RHUMBLINE ADVISERS | $3,337,800 | 0.15% | 66,756 | Shares | 2026-08-12 | |
| Mid XTX Topco Ltd | $3,249,250 | 0.14% | 64,985 | Shares | 2026-08-14 | |
| Mega Legal & General Group Plc | $3,219,250 | 0.14% | 64,385 | Shares | 2026-08-14 | |
| Mega UBS Group AG | $3,088,600 | 0.14% | 61,772 | Shares | 2026-08-13 | |
| Mid SAPIENT CAPITAL LLC | $3,026,050 | 0.13% | 60,521 | Shares | 2026-07-09 | |
| Large NEW YORK STATE COMMON RETIREMENT FUND Pension | $2,906,700 | 0.13% | 58,134 | Shares | 2026-07-29 | |
| Large SEI INVESTMENTS CO | $2,736,100 | 0.12% | 54,722 | Shares | 2026-08-14 | |
| Large STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM Pension | $2,711,750 | 0.12% | 54,235 | Shares | 2026-08-10 | |
| Mega Nuveen, LLC | $2,548,750 | 0.11% | 50,975 | Shares | 2026-08-11 | |
| Large Quantinno Capital Management LP | $2,508,150 | 0.11% | 50,163 | Shares | 2026-08-13 | |
| Mega CITIGROUP INC | $2,118,050 | 0.09% | 42,361 | Shares | 2026-08-03 | |
| Mega Swiss National Bank Bank | $2,075,000 | 0.09% | 41,500 | Shares | 2026-08-11 | |
| Mega AQR CAPITAL MANAGEMENT LLC | $2,014,000 | 0.09% | 40,280 | Shares | 2026-08-14 | |
| Mega RAYMOND JAMES FINANCIAL INC | $1,925,150 | 0.09% | 38,503 | Shares | 2026-08-14 | |
| Mega TWO SIGMA INVESTMENTS, LP | $1,731,050 | 0.08% | 34,621 | Shares | 2026-08-14 | |
| Mega LPL Financial LLC | $1,698,900 | 0.08% | 33,978 | Shares | 2026-08-07 | |
| Mega PRICE T ROWE ASSOCIATES INC /MD/ | $1,689,900 | 0.07% | 33,798 | Shares | 2026-08-14 | |
| Small Formidable Asset Management, LLC | $1,660,000 | 0.07% | 33,200 | Shares | 2026-07-17 | |
| Large PRUDENTIAL FINANCIAL INC | $1,480,750 | 0.07% | 29,615 | Shares | 2026-08-12 | |
| Mega UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $1,466,450 | 0.06% | 29,329 | Shares | 2026-08-13 | |
| Small Pacific Ridge Capital Partners, LLC | $1,421,250 | 0.06% | 28,425 | Shares | 2026-08-12 | |
| Mega ALLIANCEBERNSTEIN L.P. | $1,380,900 | 0.06% | 27,618 | Shares | 2026-08-14 | |
| Large PICTON MAHONEY ASSET MANAGEMENT | $1,345,750 | 0.06% | 26,915 | Shares | 2026-08-13 | |
| Large ExodusPoint Capital Management, LP | $1,283,500 | 0.06% | 25,670 | Shares | 2026-08-14 | |
| Mega MILLENNIUM MANAGEMENT LLC | $1,275,050 | 0.06% | 25,501 | Shares | 2026-08-14 | |
| Mid Verdence Capital Advisors LLC | $1,250,950 | 0.06% | 25,019 | Shares | 2026-07-29 | |
| Large FEDERATED HERMES, INC. | $1,249,500 | 0.06% | 24,990 | Shares | 2026-08-12 | |
| Mega CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM Pension | $1,199,650 | 0.05% | 23,993 | Shares | 2026-08-24 | |
| Small JAMES INVESTMENT RESEARCH, INC. | $1,188,500 | 0.05% | 23,770 | Shares | 2026-07-24 | |
| Large CANADA LIFE ASSURANCE Co Insurance | $1,143,350 | 0.05% | 22,867 | Shares | 2026-08-13 | |
| Mega WELLS FARGO & COMPANY/MN | $1,097,850 | 0.05% | 21,957 | Shares | 2026-08-14 | |
| Small Twelve Points Wealth Management LLC | $1,023,300 | 0.05% | 20,466 | Shares | 2026-08-07 | |
| Large Thrivent Financial for Lutherans | $965,250 | 0.04% | 19,305 | Shares | 2026-08-14 | |
| Large CAPSTONE INVESTMENT ADVISORS, LLC | $950,900 | 0.04% | 19,018 | Shares | 2026-08-17 | |
| Mega JPMORGAN CHASE & CO | $889,950 | 0.04% | 17,799 | Shares | 2026-08-12 | |
| Mega Vanguard Global Advisers, LLC | $852,500 | 0.04% | 17,050 | Shares | 2026-08-13 | |
| Mega D. E. Shaw & Co., Inc. | $817,950 | 0.04% | 16,359 | Shares | 2026-08-14 | |
| Large STIFEL FINANCIAL CORP | $808,700 | 0.04% | 16,174 | Shares | 2026-08-12 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $760,000 | 0.03% | 15,200 | Call | 2026-08-14 | |
| Small LJI Wealth Management, LLC | $750,000 | 0.03% | 15,000 | Shares | 2026-07-31 | |
| Mid Illinois Municipal Retirement Fund Pension | $743,650 | 0.03% | 14,873 | Shares | 2026-08-12 | |
| Mega VANGUARD ASSET MANAGEMENT, Ltd | $737,350 | 0.03% | 14,747 | Shares | 2026-08-13 | |
| Large MetLife Investment Management, LLC | $735,400 | 0.03% | 14,708 | Shares | 2026-08-14 | |
| Large STRS OHIO | $710,000 | 0.03% | 14,200 | Shares | 2026-07-30 | |
| Micro Curry Webb Wealth Management LLC | $705,900 | 0.03% | 14,118 | Shares | 2026-08-13 | |
| Mega BNP PARIBAS ARBITRAGE, SA | $682,300 | 0.03% | 13,646 | Shares | 2026-08-13 | |
| Mid Inspire Investing, LLC | $678,350 | 0.03% | 13,567 | Shares | 2026-08-12 | |
| Mid Louisiana State Employees Retirement System Pension | $645,000 | 0.03% | 12,900 | Shares | 2026-07-21 | |
| Large ACADIAN ASSET MANAGEMENT LLC | $626,600 | 0.03% | 12,532 | Shares | 2026-08-13 | |
| Mega SUSQUEHANNA INTERNATIONAL GROUP, LLP | $620,000 | 0.03% | 12,400 | Put | 2026-08-14 | |
| Large COMMONWEALTH EQUITY SERVICES, LLC | $592,800 | 0.03% | 11,856 | Shares | 2026-07-29 | |
| Large MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Mutual Fund | $582,900 | 0.03% | 11,658 | Shares | 2026-08-14 | |
| Mid State of Alaska, Department of Revenue | $582,450 | 0.03% | 11,649 | Shares | 2026-07-20 | |
| Small OXFORD FINANCIAL GROUP, LTD. LLC | $556,850 | 0.02% | 11,137 | Shares | 2026-08-11 | |
| Small Aldebaran Capital, LLC | $506,250 | 0.02% | 10,125 | Shares | 2026-08-14 | |
| Small BCGM Wealth Management, LLC | $504,850 | 0.02% | 10,097 | Shares | 2026-08-04 | |
| Mega PNC FINANCIAL SERVICES GROUP, INC. | $499,550 | 0.02% | 9,991 | Shares | 2026-08-07 | |
| Mega CITADEL ADVISORS LLC | $495,000 | 0.02% | 9,900 | Call | 2026-09-02 | |
| Large NEW YORK STATE TEACHERS RETIREMENT SYSTEM Pension | $482,450 | 0.02% | 9,649 | Shares | 2026-07-23 | |
| Mega MANUFACTURERS LIFE INSURANCE COMPANY, THE Insurance | $436,000 | 0.02% | 8,720 | Shares | 2026-09-09 | |
| Mega BARCLAYS PLC | $431,450 | 0.02% | 8,629 | Shares | 2026-08-14 | |
| Mega JANE STREET GROUP, LLC | $415,000 | 0.02% | 8,300 | Put | 2026-08-14 | |
| Mega SG Americas Securities, LLC Broker-Dealer | $400,350 | 0.02% | 8,007 | Shares | 2026-08-07 | |
| Mid YOUSIF CAPITAL MANAGEMENT, LLC | $389,550 | 0.02% | 7,791 | Shares | 2026-07-16 | |
| Large AMALGAMATED BANK Bank | $389,350 | 0.02% | 7,787 | Shares | 2026-07-23 | |
| Large Cetera Investment Advisers | $381,400 | 0.02% | 7,628 | Shares | 2026-08-12 | |
| Mid Meeder Advisory Services, Inc. | $375,000 | 0.02% | 7,500 | Shares | 2026-08-07 |
Key facts
CIK
1629019
CUSIP
58844R108
13F (30d)
116 filings
116 filers
Visit website
Investor relations