Merchants Bancorp Ownership | Who Owns Merchants Bancorp?


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Merchants Bancorp Ownership Summary


Merchants Bancorp is owned by 98.83% institutional investors, 45.94% insiders. Elser financial planning is the largest institutional shareholder, holding 58.37% of MBIN shares. iShares Core S&P Small-Cap ETF is the top mutual fund, with 3.90% of its assets in Merchants Bancorp shares.

MBIN Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockMerchants Bancorp98.83%45.94%-44.77%
SectorFinancial Services Stocks 493.55%13.79%-407.34%
IndustryRegional Banks Stocks56.79%12.57%30.64%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Elser financial planning26.81M58.37%$1.34B
Blackrock funding, inc. /de4.11M8.94%$205.26M
Dimensional fund advisors lp1.83M3.98%$91.36M
Blackrock1.45M3.34%$58.65M
Vanguard group1.41M3.08%$48.18M
State street1.07M2.32%$53.46M
Macquarie management1.04M2.28%$52.25M
Vanguard capital management1.02M2.21%$50.79M
American century companies837.05K1.82%$41.85M
Doma perpetual capital management810.08K1.76%$40.50M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Elser financial planning26.81M58.12%$1.34B
Doma perpetual capital management810.08K9.40%$40.50M
Ballast asset management, lp135.27K2.70%$6.76M
Banc funds285.06K2.35%$14.25M
Denali advisors174.58K0.88%$8.73M
Ejf capital36.30K0.67%$1.15M
Basswood capital management273.75K0.54%$13.69M
Aldebaran capital10.13K0.38%$506.25K
Pacific ridge capital partners28.43K0.26%$1.42M
Valeo financial advisors227.00K0.24%$11.35M

Top Buyers

HolderShares% AssetsChange
Sixth street partners management company252.55K0.00%252.55K
American century companies837.05K0.02%94.42K
Invesco240.40K0.00%85.33K
Dimensional fund advisors lp1.83M0.02%68.16K
Blackrock funding, inc. /de4.11M0.00%54.27K

Top Sellers

HolderShares% AssetsChange
Macquarie group---897.07K
Doma perpetual capital management810.08K9.40%-305.51K
Fj capital management---297.16K
Pl capital advisors---188.29K
Elser financial planning26.81M58.12%-174.48K

New Positions

HolderShares% AssetsChangeValue
Sixth street partners management company252.55K0.00%252.55K$12.63M
Two sigma advisers, lp37.20K0.00%37.20K$1.18M
Ejf capital36.30K0.67%36.30K$1.15M
Exoduspoint capital management, lp25.67K0.01%25.67K$1.28M
Lji wealth management15.00K0.11%15.00K$750.00K

Sold Out

HolderChange
Atwood & palmer-1.00
Nelson, van denburg & campbell wealth management group-4.00
Wealthtrak capital management-5.00
Bruce g. allen investments-6.00
Stephens consulting-10.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 20261926.08%45,393,259-0.25%981.00%88-16.98%6127.08%
Mar 31, 202617414.47%45,360,506182.19%988.06%10343.06%46-14.81%
Dec 31, 202537-76.88%2,380,442-84.89%50.44%16-82.80%12-65.71%
Sep 30, 202548-66.90%3,262,005-92.19%70.09%22-75.56%12-64.71%
Jun 30, 2025152-6.75%42,348,139184.26%928.73%9113.75%39-29.09%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
iShares Core S&P Small-Cap ETF1.79M3.90%-4.21K
Avantis US Small Cap Value ETF722.18K1.57%600.00
Nomura Small Cap Value A672.73K1.46%-
Delaware Sm-Cap Val Eq672.73K1.46%-49.20K
iShares Russell 2000 ETF658.72K1.43%-11.71K
Vanguard Total Stock Mkt Idx Inv657.69K1.43%9.40K
Vanguard MStar Total Stk Mkt Idx Invest657.69K1.43%-
Vanguard Morn Total Stk Mkt Idx Investor657.69K1.43%9.40K
Macquarie Small Cap Value A607.93K1.32%-12.52K
Vanguard US Total Market Shares ETF577.80K1.26%-

Recent Insider Transactions


DateNameRoleActivityValue
Jul 30, 2026Kaercher Julia L.-Sell$496.80K
Jul 30, 2026Petrie Michael F. Chairman and CEOSell$496.80K
May 05, 2026Petrie Michael F. Chairman and CEOSell$935.00K
May 06, 2026Petrie Michael F. Chairman and CEOSell$390.53K
May 05, 2026Petrie Michael F. Chairman and CEOSell$500.04K

Insider Transactions Trends


DateBuySell
2026 Q3-2
2026 Q2-3
2026 Q1-13
2025 Q4116
2025 Q36-

MBIN Ownership FAQ


Who Owns Merchants Bancorp?

Merchants Bancorp shareholders are primarily institutional investors at 98.83%, followed by 45.94% insiders and -44.77% retail investors. The average institutional ownership in Merchants Bancorp's industry, Regional Banks Stocks, is 56.79%, which Merchants Bancorp exceeds.

Who owns the most shares of Merchants Bancorp?

Merchants Bancorp’s largest shareholders are Elser financial planning (26.81M shares, 58.37%), Blackrock funding, inc. /de (4.11M shares, 8.94%), and Dimensional fund advisors lp (1.83M shares, 3.98%). Together, they hold 71.28% of Merchants Bancorp’s total shares outstanding.

Does Blackrock own Merchants Bancorp?

Yes, BlackRock owns 3.34% of Merchants Bancorp, totaling 1.45M shares as of Jun 2024. This represents 0.00% of BlackRock's total assets, with a market value of 58.65M$. In the last quarter, BlackRock increased its holdings by 50.34K shares, a 3.61% change.

Who is Merchants Bancorp’s biggest shareholder by percentage of total assets invested?

Elser financial planning is Merchants Bancorp’s biggest shareholder by percentage of total assets invested, with 58.12% of its assets in 26.81M Merchants Bancorp shares, valued at 1.34B$.

Who is the top mutual fund holder of Merchants Bancorp shares?

iShares Core S&P Small-Cap ETF is the top mutual fund holder of Merchants Bancorp shares, with 3.90% of its total shares outstanding invested in 1.79M Merchants Bancorp shares.

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