§ FINANCIAL SERVICES
USD · Financial ServicesMBIN
MERCHANTS BANCORP/IN
USDSector · Financial Services
§ 01 · PRICE
Price action
1D5D1M6MYTD1YMAX
§ 03 · SIGNAL STACK · WHAT THE INPUTS SAY
13F FLOW
91 increased/new, 62 decreased/exited (13F)
AC 13F Analysis
§ 05 · WHO OWNS IT
Top institutional holders
| Fund | Shares | % port | Δ Q/Q |
|---|---|---|---|
| Elser Financial Planning, Inc | 27.0M | 57.2% | n/a |
| BlackRock, Inc. | 4.1M | 0.0% | +115% |
| Dimensional Fund Advisors | 1.8M | 0.0% | +6% |
| Doma Perpetual Capital Management LLC | 1.1M | 12.9% | ±0% |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | 1.1M | 0.1% | −2% |
| State Street | 1.0M | 0.0% | +80% |
◇ AC INTELLIGENCE
Top institutional owners for MBIN as of the most recent 13F reporting period (Q1 2026 · Period ended Mar 31). Δ Q/Q reflects share-count change vs. the prior filing — positive green means adding, negative red means trimming. Cross-reference with the ownership-mix bars below to see which strategy cohort is driving the flow.
§ 06 · WHO OWNS IT · BY STRATEGY
OTHER75.8% · 111 holders
PASSIVE / INDEX11.8% · 8 holders
QUALITY / COMPOUNDER6.6% · 13 holders
DEALER / BANK5.6% · 22 holders
INCOME / DEFENSIVE1.2% · 18 holders
SYSTEMATIC / QUANT0.2% · 3 holders
ACTIVIST0.1% · 1 holder
TACTICAL / MACRO0.0% · 1 holder
◇ AC INTELLIGENCE
Ownership mix by behavioral cohort. Top bars indicate which style of capital dominates the float — passive indexing, quality compounders, dealer/bank, systematic quant, etc. Big quality-compounder share means concentrated active conviction; heavy passive share means flows are dictated by index rebalances, not fundamentals.
§ 07 · INSIDER ACTIVITY · LAST 180 DAYS
NO INSIDER FILINGS
◇ AC INTELLIGENCE
No Form 4 filings on record for MBIN in the last 180 days.