Merchants Bancorp Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqCM:MBIN Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
27 Aug 24	SellUS$999,747	Michael Petrie	Individual	22,050	US$45.34
05 Aug 24	BuyUS$201,293	Michael Dury	Individual	5,200	US$39.11
31 Jul 24	BuyUS$268,944	Michael Dury	Individual	6,000	US$45.04
14 Nov 23	SellUS$7,654,850	Randall Rogers	Individual	237,894	US$32.18
06 Nov 23	SellUS$671,735	Randall Rogers	Individual	21,157	US$31.75
03 Nov 23	SellUS$4,389,400	Randall Rogers	Individual	138,843	US$31.64
01 Nov 23	SellUS$607,939	Michael Petrie	Individual	20,064	US$30.30

Insider Trading Volume

Insider Buying: MBIN insiders have sold more shares than they have bought in the past 3 months.

Ownership Breakdown

What is the ownership structure of MBIN?
Owner Type	Number of Shares	Ownership Percentage
General Public	13,424,663	29.3%
Institutions	14,853,753	32.5%
Individual Insiders	17,479,151	38.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.

Top Shareholders

Top 25 shareholders own 58.87% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
29.8%	Michael Petrie	13,626,251	US$606.6m	-0.17%	no data
7.04%	Randall Rogers	3,223,025	US$143.5m	0%	no data
3.16%	BlackRock, Inc.	1,446,722	US$64.4m	3.61%	no data
2.62%	The Vanguard Group, Inc.	1,200,711	US$53.5m	20.7%	no data
2.24%	Dimensional Fund Advisors LP	1,022,893	US$45.5m	10.2%	0.01%
1.39%	Basswood Capital Management, L.L.C.	636,637	US$28.3m	12.5%	1.62%
1.2%	Geode Capital Management, LLC	549,854	US$24.5m	10.8%	no data
1.03%	Bridgeway Capital Management, LLC	471,573	US$21.0m	4.88%	0.34%
0.94%	State Street Global Advisors, Inc.	428,311	US$19.1m	5.57%	no data
0.88%	JP Morgan Asset Management	401,795	US$17.9m	-26.7%	no data
0.82%	1st & Main Growth Partners	377,115	US$16.8m	-9.52%	1.77%
0.81%	American Century Investment Management Inc	370,257	US$16.5m	23%	0.01%
0.8%	Marshall Wace LLP	365,290	US$16.3m	6,790%	0.03%
0.63%	Citadel Advisors LLC	287,645	US$12.8m	373%	0.01%
0.61%	Federated Hermes, Inc.	277,912	US$12.4m	-4.8%	0.03%
0.6%	FJ Capital Management, LLC	276,472	US$12.3m	0%	1.07%
0.58%	Assenagon Asset Management S.A.	264,464	US$11.8m	91.5%	0.02%
0.56%	Charles Schwab Investment Management, Inc.	256,056	US$11.4m	5.44%	no data
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	240,216	US$10.7m	-25.5%	no data
0.51%	Valeo Financial Advisors, LLC	235,450	US$10.5m	0.05%	0.28%
0.49%	Hotchkis and Wiley Capital Management, LLC	224,480	US$10.0m	9.16%	0.03%
0.44%	Royce & Associates, LP	201,636	US$9.0m	4,110%	0.07%
0.43%	Royal Bank of Canada, Banking & Securities Investments	196,974	US$8.8m	6.38%	no data
0.41%	PL Capital Advisors, LLC	188,294	US$8.4m	2.73%	2.89%
0.36%	Northern Trust Global Investments	166,078	US$7.4m	-0.6%	no data