Merchants Bancorp
Finances multifamily housing, mortgage lenders, and Indiana banking customers.
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Breakdown13F · Form 4
A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.
Shares outstanding 45.94M · Float 19.22M · 41.8% free float
A Form 4 total here can count shares the filer formally disclaims — an award voted by proxy, for instance — which the holder's own Schedule 13D/G excludes, so where the two disagree the schedule's smaller figure is used.
Institutions13F, as of Jun 30, 2026
193 holders · 46.59M shares · 31 new positions · 89 increased · 61 reduced · 19 closed
| Holder | Shares | % outstanding | Chg q/q | Filed |
|---|---|---|---|---|
| Elser Financial Planning, Inc | 26.81M | 58.36% | −174.5K | Jul 14, 2026 |
| BlackRock, Inc. | 4.11M | 8.94% | +54.3K | Aug 7, 2026 |
| Dimensional Fund Advisors LP | 1.83M | 3.98% | +68.2K | Aug 11, 2026 |
| State Street Corp | 1.07M | 2.32% | +32.3K | Aug 7, 2026 |
| Macquarie Management Holdings, Inc. | 1.04M | 2.27% | −48.0K | Aug 14, 2026 |
| Vanguard Capital Management LLC | 1.02M | 2.21% | +15.0K | Aug 13, 2026 |
| American Century Companies Inc | 837.1K | 1.82% | +94.4K | Aug 12, 2026 |
| Doma Perpetual Capital Management LLC | 810.1K | 1.76% | −305.5K | Aug 12, 2026 |
Beneficial owners13D/G · 5% or more, as filed
| Holder | % of class | Shares | Form | Filed |
|---|---|---|---|---|
| Michael F. Petrie | 27.40% | 12.58M | 13G | Apr 6, 2026 ↗ |
| BlackRock, Inc. | 8.80% | 4.03M | 13G | Apr 27, 2026 ↗ |
| Randall D. Rogers | 6.00% | 2.74M | 13G | Apr 6, 2026 ↗ |
InsidersForm 4
| Insider | Role | Shares | % outstanding | Filed |
|---|---|---|---|---|
| Randall D. Jr. Rogers | director | 2.74M | 5.97% | May 21, 2026 |
| Michael F. Petrie | director, 10 percent owner, officer: Chairman and CEO | 2.58M | 5.61% | Jul 31, 2026 |
| Julia L. Kaercher | director | 727.1K | 1.58% | Jul 31, 2026 |
| Michael J. Dunlap | director, officer: President, COO | 212.2K | 0.46% | Feb 3, 2026 |
| Michael R. Dury | officer: CEO of Merchants Capital | 120.7K | 0.26% | Aug 7, 2026 |
| Patrick D. O'Brien | director | 120.0K | 0.26% | Aug 24, 2026 |
| Jerry F. Koors | officer: Merchants Mortgage President | 45.1K | 0.10% | Feb 3, 2026 |
| Kevin T. Langford | officer: Chief Administrative Officer | 36.4K | 0.08% | May 7, 2026 |
| Terry A. Oznick | officer: SVP, General Counsel | 31.4K | 0.07% | Feb 3, 2026 |
| Scott A. Evans | director, officer: Lynn Market President | 27.6K | 0.06% | Feb 3, 2026 |
1 ten-percent owner holds 2.44M shares by Form 4, outside the officers-and-directors figure above · 5 people have not refiled in the last 18 months (827.3K shares), so they are not in the figure above
Latest trades
| Date | Insider | Type | Shares | Avg price | Owned after |
|---|---|---|---|---|---|
| Jul 30, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 9,000 | $55.20 | 727,013 |
| Jul 30, 2026 | Julia L. Kaercherdirector | Sale | 9,000 | $55.20 | 727,103 |
| May 5, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale · 2 lots | 30,696 | $46.75 | 2,609,341 |
| May 6, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 8,334 | $46.86 | 1,864,994 |
| Feb 26, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale · 2 lots | 28,871 | $32.62 | 1,896,286 |
| Feb 25, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 377 | $20.20 | 16,829 |
| Feb 18, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 1,502 | $20.20 | 17,206 |
| Feb 17, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 100 | $20.20 | 18,708 |
| Feb 10, 2026 | Martin A. Schroeterofficer: President-Warehouse Lending | Sale | 5,500 | $46.06 | 10,881 |
| Feb 10, 2026 | Michael F. Petriedirector, 10 percent owner, officer: Chairman and CEO | Sale | 4,455 | $20.20 | 18,808 |
CongressHouse and Senate disclosures
Not reported.