ROYAL BANK OF CANADA

Bank

CIK

1000275

City

TORONTO

State / Country

Stock

MBWM — Mercantile Bank Corp

Top Portfolio Positions

4,526 positions · $468,006,342,952 total · as of Mar 31, 2026

Ticker	Company	Shares	Value (USD)	% of Portfolio
AAPL	Apple Inc. Technology	68,105,349	$17,284,456,516	3.69%
NVDA	Nvidia Corp Technology	99,020,851	$17,269,236,408	3.69%
SPY	Spdr S&P 500 ETF Trust	26,509,233	$17,240,014,580	3.68%
MSFT	Microsoft Corp Technology	37,816,179	$13,998,414,972	2.99%
RY	Royal Bank Of Canada Financial Services	73,050,835	$11,818,164,079	2.53%
TD	Toronto Dominion Bank Financial Services	119,089,618	$11,112,252,248	2.37%
GOOGL	Alphabet Inc. Communication Services	35,639,564	$10,248,513,015	2.19%
AMZN	Amazon Com Inc Consumer Cyclical	47,665,317	$9,927,255,560	2.12%
BMO	Bank Of Montreal /Can/ Financial Services	58,547,042	$7,923,756,660	1.69%
AVGO	Broadcom Inc. Technology	23,827,553	$7,374,865,920	1.58%

25 quarters · across all stocks

25 quarters on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$583,981	11,564	-60.3%	Shares	Defined	2026-05-15
2025-12-31	$1,401,632	29,140	-1.5%	Shares	Defined	2026-02-17
2025-09-30	$1,331,145	29,581	-50.7%	Shares	Defined	2025-11-14
2025-06-30	$2,785,109	60,011	-12.8%	Shares	Defined	2025-11-21
2025-03-31	$2,989,712	68,824	+5.6%	Shares	Defined	2025-11-21
2024-12-31	$2,900,879	65,203	+3.3%	Shares	Defined	2025-02-14
2024-09-30	$2,760,436	63,139	-9.2%	Shares	Defined	2024-11-14
2024-06-30	$2,821,520	69,547	-7.8%	Shares	Defined	2024-11-06
2024-03-31	$2,902,106	75,399	-18.7%	Shares	Defined	2024-11-05
2023-12-31	$3,742,901	92,692	+14.1%	Shares	Defined	2024-02-14
2023-09-30	$2,511,683	81,258	-4.9%	Shares	Defined	2023-11-14
2023-06-30	$2,360,680	85,470	-0.8%	Shares	Defined	2023-08-14
2023-03-31	$2,635,597	86,187	-14.1%	Shares	Defined	2023-05-15
2022-12-31	$3,360,989	100,388	-0.0%	Shares	Defined	2023-02-14
2022-09-30	$2,983,210	100,411	-14.8%	Shares	Defined	2022-11-14
2022-06-30	$3,763,709	117,800	+27.6%	Shares	Defined	2022-08-15
2022-03-31	$3,270,930	92,347	+23.9%	Shares	Defined	2022-05-16
2021-12-31	$2,610,960	74,535	-12.4%	Shares	Defined	2022-02-14
2021-09-30	$2,726,616	85,127	-24.3%	Shares	Defined	2021-11-15
2021-06-30	$3,397,167	112,489	-8.9%	Shares	Defined	2021-08-16
2021-03-31	$4,011,472	123,544	+19.5%	Shares	Defined	2021-07-20
2020-12-31	$2,808,562	103,370	-44.1%	Shares	Defined	2021-02-16
2020-09-30	$3,333,338	184,980	-6.3%	Shares	Defined	2020-11-16
2020-06-30	$4,459,815	197,337	+1.2%	Shares	Defined	2020-08-14
2020-03-31	$4,128,086	194,997	—	Shares	Defined	2020-06-16
No 13F history on record for this holder in this stock.