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

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	13,648,226	29.8%
Institutions	14,636,646	32%
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 58.58% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
29.8%	Michael Petrie	13,626,251	US$494.9m	-0.17%	no data
7.04%	Randall Rogers	3,223,025	US$117.1m	0%	no data
3.16%	BlackRock, Inc.	1,446,722	US$52.5m	3.61%	no data
2.62%	The Vanguard Group, Inc.	1,200,711	US$43.6m	20.7%	no data
2.24%	Dimensional Fund Advisors LP	1,022,893	US$37.2m	10.2%	0.01%
1.39%	Basswood Capital Management, L.L.C.	636,637	US$23.1m	12.5%	1.31%
1.2%	Geode Capital Management, LLC	549,854	US$20.0m	10.8%	no data
1.03%	Bridgeway Capital Management, LLC	471,573	US$17.1m	4.88%	0.29%
0.94%	State Street Global Advisors, Inc.	428,311	US$15.6m	5.57%	no data
0.88%	JP Morgan Asset Management	401,795	US$14.6m	-26.7%	no data
0.82%	1st & Main Growth Partners	377,115	US$13.7m	-9.52%	1.43%
0.81%	American Century Investment Management Inc	370,257	US$13.4m	23%	0.01%
0.8%	Marshall Wace LLP	365,290	US$13.3m	6,790%	0.02%
0.63%	Citadel Advisors LLC	287,645	US$10.4m	373%	0.01%
0.61%	Federated Hermes, Inc.	277,912	US$10.1m	-4.8%	0.02%
0.6%	FJ Capital Management, LLC	276,472	US$10.0m	0%	0.87%
0.56%	Charles Schwab Investment Management, Inc.	256,056	US$9.3m	0%	no data
0.52%	Morgan Stanley, Investment Banking and Brokerage Investments	240,216	US$8.7m	-25.5%	no data
0.49%	Hotchkis and Wiley Capital Management, LLC	224,480	US$8.2m	9.16%	0.02%
0.48%	Valeo Financial Advisors, LLC	218,537	US$7.9m	-7.18%	0.21%
0.44%	Royce & Associates, LP	201,636	US$7.3m	4,110%	0.06%
0.43%	Royal Bank of Canada, Banking & Securities Investments	196,974	US$7.2m	6.38%	no data
0.41%	PL Capital Advisors, LLC	188,294	US$6.8m	0%	2.37%
0.36%	Northern Trust Global Investments	166,078	US$6.0m	-0.6%	no data
0.33%	Qube Research & Technologies Ltd	152,649	US$5.5m	331%	0.01%