Merchants Bancorp
MBIN and MBINL and MBINM and MBINN and MBINO • NASDAQ
Merchants Bancorp is a banks - regional company in the financial services sector on NASDAQ, led by Michael F. Petrie, with a market cap of $1.7B. As of Q3 2025, 34% of shares are held by 159 institutional investors, with BlackRock, Inc. as the largest holder at 4.04%.
Chairman and Chief Executive OfficerMichael F. Petrie
Market Cap$1.7B
Banks - Regional
Financial Services
Employees618.0
Websitemerchantsbankofindiana.com
Country
United States of America
Overview
Overview of institutional ownership in MBIN and MBINL and MBINM and MBINN and MBINO as of Q3 2025 with a market cap of $1.5B
All Institutions
- Institutions
- 159
- Value Held
- $503.1M
- Shares Held
- 15.8M
- Avg Position
- $3.1M
- Median Position
- $575.6K
Hedge Funds
- Hedge Funds
- 26
- Value Held
- $72.9M
- Shares Held
- 2.3M
- Avg Position
- $2.7M
- Median Position
- $1.3M
Ownership Breakdown
Based on market cap of $1.5B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.
Biggest Investors
Institutions with the largest positions in MBIN and MBINL and MBINM and MBINN and MBINO as of Q3 2025
| Institution | Position Value |
|---|---|
B BlackRock, Inc. Institution | $59.0M 0.00% of portfolio |
 DIMENSIONAL FUND ADVISORS LP Long Only Manager | $50.9M 0.01% of portfolio |
 VANGUARD GROUP INC Institution | $43.8M 0.00% of portfolio |
M MACQUARIE GROUP LTD Institution | $28.5M 0.03% of portfolio |
R ROYCE & ASSOCIATES LLC Institution | $27.4M 0.27% of portfolio |
 GEODE CAPITAL MANAGEMENT LLC ETF Provider | $22.2M 0.00% of portfolio |
A AMERICAN CENTURY COMPANIES INC Institution | $20.0M 0.01% of portfolio |
 STATE STREET CORP Institution | $17.5M 0.00% of portfolio |
 HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC Long Only Manager | $12.4M 0.04% of portfolio |
 MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | $11.6M 0.01% of portfolio |
Net Capital Flow
Institutional buying and selling activity for MBIN and MBINL and MBINM and MBINN and MBINO in Q3 2025
- Traded
- −$880.9M
- Buyers
- 90
- Sellers
- 51
- Total Bought
- +$53.9M
- Total Sold
- −$934.8M
- Avg Position
- $2.9M
Biggest Buyers
| Institution | Net Bought |
|---|---|
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$6.7M +210.2K shares |
 TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy | +$5.2M +164.8K shares |
 Doma Perpetual Capital Management LLC Hedge Fund•Value | +$3.0M +93.8K shares |
R ROYCE & ASSOCIATES LLC Institution | +$2.5M +79.7K shares |
A AMERICAN CENTURY COMPANIES INC Institution | +$2.0M +62.1K shares |
DIMENSIONAL FUND ADVISORS LP Long Only Manager | +$2.0M +61.6K shares |
 Ballast Asset Management, LP Long Only Manager | +$2.0M +61.4K shares |
 Walleye Trading Advisors, LLC Hedge Fund•Multi-Strategy | +$1.9M +60.8K shares |
 FJ Capital Management LLC Hedge Fund•Long/Short | +$1.9M +58.6K shares |
 NORTHERN TRUST CORP Institution | +$1.5M +48.4K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
 Elser Financial Planning, Inc RIA/Wealth | −$896.0M −27.1M shares |
 Invesco Ltd. ETF Provider | −$12.4M −389.2K shares |
 Marshall Wace LLP Institution | −$4.9M −154.1K shares |
N Nuveen, LLC Institution | −$3.0M −93.5K shares |
 JPMORGAN CHASE & CO Institution | −$2.3M −73.5K shares |
 BANK OF AMERICA CORP /DE/ Institution | −$2.1M −67.1K shares |
 UBS GLOBAL ASSET MANAGEMENT AMERICAS INC Long Only Manager | −$1.8M −56.4K shares |
B BANC FUNDS CO LLC Institution | −$1.4M −45.1K shares |
 AMERIPRISE FINANCIAL INC Institution | −$1.3M −40.2K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | −$1.3M −39.8K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited MBIN and MBINL and MBINM and MBINN and MBINO in Q3 2025
- New Positions
- 7
- New Value
- $3.8M
- Exited Positions
- 12
- Exited Value
- $898.4M
New Positions
| Institution | Position Value |
|---|---|
Doma Perpetual Capital Management LLC Hedge Fund•Value | $3.0M 93.8K shares |
 Pacific Ridge Capital Partners, LLC Long Only Manager | $484.1K 15.2K shares |
C CAXTON ASSOCIATES LLP Institution | $256.0K 8.1K shares |
S State of Alaska, Department of Revenue Institution | $57.3K 1.8K shares |
 Rockefeller Capital Management L.P. Long Only Manager | $14.3K 450.0 shares |
O Optiver Holding B.V. Institution | $5.6K 176.0 shares |
 Larson Financial Group LLC RIA/Wealth | $64.0 2.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
Elser Financial Planning, Inc RIA/Wealth | $896.0M 27.1M shares |
 John W. Rosenthal Capital Management, Inc. Hedge Fund•Long/Short | $1.1M 32.6K shares |
A ALPS ADVISORS INC ETF Provider | $314.4K 9.5K shares |
 Sowell Financial Services LLC RIA/Wealth | $264.1K 8.0K shares |
C Corton Capital Inc. Institution | $262.9K 7.9K shares |
 ING INVESTMENT MANAGEMENT LLC Insurance Manager | $239.9K 7.3K shares |
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $228.8K 6.9K shares |
 McIlrath & Eck, LLC RIA/Wealth | $7.6K 230.0 shares |
S Skopos Labs, Inc. RIA/Wealth | $2.2K 68.0 shares |
P Parkside Financial Bank & Trust Institution | $2.2K 67.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in MBIN and MBINL and MBINM and MBINN and MBINO as of Q3 2025
- Call Positions
- 1
- Call Value
- $378.4K
- Put Positions
- 2
- Put Value
- $1.7M
Call Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $378.4K 119.0 contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $1.3M 395.0 contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $438.8K 138.0 contracts |
Most Committed Institutions
Institutions with MBIN and MBINL and MBINM and MBINN and MBINO as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
 Black Maple Capital Management LP Hedge Fund•Multi-Strategy | 2.97% $4.1M |
B BANC FUNDS CO LLC Institution | 2.63% $10.8M |
 PL Capital Advisors, LLC Hedge Fund•Activist | 2.09% $6.0M |
Ballast Asset Management, LP Long Only Manager | 2.00% $4.4M |
Doma Perpetual Capital Management LLC Hedge Fund•Value | 1.00% $3.0M |
FJ Capital Management LLC Hedge Fund•Long/Short | 0.95% $9.4M |
 DENALI ADVISORS LLC Long Only Manager | 0.86% $7.6M |
E EJF Capital LLC Institution | 0.66% $1.2M |
 Semanteon Capital Management, LP Hedge Fund•Long/Short | 0.64% $512.9K |
B BASSWOOD CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Long/Short | 0.40% $8.7M |
Hedge Fund Spotlight
Discover hedge funds investing in MBIN and MBINL and MBINM and MBINN and MBINO
Semanteon Capital Management, LP
Hedge Fund • Long/Short
Portfolio ManagerRajat Lal
- Portfolio Value
- $79.7M
- Positions
- 173
- Last Reported
- Q3 2025
Sector Allocation
Position in Merchants Bancorp
MBIN and MBINL and MBINM and MBINN and MBINO
- Market Value
- $2.9M
- Shares Held
- 75.4K
- Portfolio Weight
- 2.06%
- Owned Since
- 2023-Q4
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Electrical Equipment & Parts Industrials | $594.1K | 0.75% | |
Household & Personal Products Consumer Defensive | $575.9K | 0.72% | |
Semiconductors Technology | $574.5K | 0.72% |
