MERCANTILE BANK CORP

Ticker: MBWM CUSIP: 587376104 Class: Common Stock

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
BlackRock, Inc.1,438,885$69,210
VANGUARD GROUP INC1,066,368$51,292
DIMENSIONAL FUND ADVISORS LP1,031,485$49,614
AMERICAN CENTURY COMPANIES INC517,904$24,911
RENAISSANCE TECHNOLOGIES LLC496,213$23,868
STATE STREET CORP447,016$21,501
GEODE CAPITAL MANAGEMENT, LLC402,616$19,370
NORTH STAR ASSET MANAGEMENT INC374,544$18,016
LSV ASSET MANAGEMENT295,086$14
WELLINGTON MANAGEMENT GROUP LLP294,813$14,181
Tributary Capital Management, LLC231,259$11,124
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC202,623$9,746
JPMORGAN CHASE & CO195,038$9,381
NORTHERN TRUST CORP166,998$8,033
MORGAN STANLEY159,614$7,678
AQR CAPITAL MANAGEMENT LLC159,564$7,675
GOLDMAN SACHS GROUP INC133,499$6,421
CHARLES SCHWAB INVESTMENT MANAGEMENT INC133,288$6,411
BANC FUNDS CO LLC130,841$6,293
ProShare Advisors LLC130,082$6,257
TWO SIGMA INVESTMENTS, LP120,177$5,781
BRIDGEWAY CAPITAL MANAGEMENT, LLC120,133$5,778
MERCER GLOBAL ADVISORS INC /ADV109,572$5,270
Bank of New York Mellon Corp92,841$4,466
Siena Capital Partners GP, LLC83,966$4,039
De Lisle Partners LLP75,649$3,640
Qube Research & Technologies Ltd72,959$3,509
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP71,576$3,443
AMERIPRISE FINANCIAL INC63,769$3,067
ENVESTNET ASSET MANAGEMENT INC63,004$3,030
jvl associates llc60,169$2,894
Connor, Clark & Lunn Investment Management Ltd.52,764$2,538
Elizabeth Park Capital Advisors, Ltd.50,971$2,452
Rosenthal | Henry Capital Advisors, Inc.45,000$2,165
RAYMOND JAMES FINANCIAL INC44,715$2,151
WELLS FARGO & COMPANY/MN44,288$2,130
BARCLAYS PLC42,713$2,054
TWO SIGMA ADVISERS, LP40,884$1,967
CITADEL ADVISORS LLC36,734$1,767
Creative Planning34,443$1,657
Brandywine Global Investment Management, LLC33,147$1,594
Nuveen, LLC30,703$1,477
Swiss National Bank30,400$1,462
LaFleur & Godfrey LLC29,233$1,406
ROYAL BANK OF CANADA29,140$1,401
MARSHALL WACE, LLP28,415$1,367
UBS Group AG28,096$1,351
BANK OF AMERICA CORP /DE/28,076$1,350
OSAIC HOLDINGS, INC.24,825$1,194
MILLENNIUM MANAGEMENT LLC23,711$1,140
Buckingham Strategic Partners23,616$1,136
UBS ASSET MANAGEMENT AMERICAS INC23,548$1,133
Invesco Ltd.23,411$1,126
TUDOR INVESTMENT CORP ET AL23,319$1,122
CREDIT AGRICOLE S A22,442$1,079
Wakefield Asset Management LLLP22,418$1,078
Cerity Partners LLC22,405$1,078
ALLIANCEBERNSTEIN L.P.21,545$1,036
RHUMBLINE ADVISERS20,860$1,003
FRANKLIN RESOURCES INC19,992$962
Thrivent Financial for Lutherans19,225$1
Quantinno Capital Management LP19,193$923
IEQ CAPITAL, LLC19,136$920
VICTORY CAPITAL MANAGEMENT INC18,780$903
Pathstone Holdings, LLC18,689$899
BAILARD, INC.18,501$890
Round Hill Asset Management18,238$877
HSBC HOLDINGS PLC17,959$861
WEDGE CAPITAL MANAGEMENT L L P/NC17,954$864
Legal & General Group Plc17,821$857
Baird Financial Group, Inc.17,656$849
LAZARD ASSET MANAGEMENT LLC16,542$796
PANAGORA ASSET MANAGEMENT INC16,034$771
CHICAGO TRUST Co NA15,591$750
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM15,439$743
Y-Intercept (Hong Kong) Ltd14,404$693
LPL Financial LLC14,170$682
LVM CAPITAL MANAGEMENT LTD/MI13,977$1
Man Group plc13,544$651
STRS OHIO13,300$640
TEACHER RETIREMENT SYSTEM OF TEXAS12,508$602
Voleon Capital Management LP12,410$597
Allianz Asset Management GmbH12,332$593
Daytona Street Capital LLC12,254$589
CANADA PENSION PLAN INVESTMENT BOARD11,900$572
JACOBS LEVY EQUITY MANAGEMENT, INC11,898$572
Hennion & Walsh Asset Management, Inc.11,793$567
SHAKESPEARE WEALTH MANAGEMENT, INC.11,574$557
CWM, LLC11,238$1
FMR LLC10,991$529
Strategies Wealth Advisors, LLC10,970$528
FEDERATED HERMES, INC.10,622$511
Regal Investment Advisors LLC10,560$508
NATIXIS ADVISORS, L.P.10,329$0
Janney Montgomery Scott LLC10,037$0
Inspire Investing, LLC9,715$467
Azimuth Capital Investment Management LLC9,189$442
LOS ANGELES CAPITAL MANAGEMENT LLC9,179$402
MetLife Investment Management, LLC9,078$437
CITIGROUP INC9,069$436
91 other institutions306,229$12,971
Total (191 institutions)10,703,393$495,743