Vault-13

Merchants Financial Group Inc MFGI

COM · Common Stock · CUSIP 588538108

3 institutional holders +0 vs Q1 2026
343,370343.4k shares reported held*
$13.5mreported value*
0 new 1 added 0 reduced 0 sold out net bought ≈ $231.3k (+5.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $39.22.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0123Q3 22: 3Q4 22: 3Q1 23: 3Q2 23: 3Q3 23: 3Q4 23: 3Q1 24: 3Q2 24: 3Q3 24: 3Q4 24: 3Q1 25: 3Q2 25: 3Q3 25: 2Q4 25: 3Q1 26: 3Q2 26: 33Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 20223
Q4 20223
Q1 20233
Q2 20233
Q3 20233
Q4 20233
Q1 20243
Q2 20243
Q3 20243
Q4 20243
Q1 20253
Q2 20253
Q3 20252
Q4 20253
Q1 20263
Q2 20263

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
202Q3 24: 1 bought or addedQ3 24: 1 cut or sold outQ4 24: 1 bought or addedQ4 24: 1 cut or sold outQ4 24Q1 25: 0 bought or addedQ1 25: 0 cut or sold outQ2 25: 0 bought or addedQ2 25: 1 cut or sold outQ2 25Q3 25: 1 bought or addedQ3 25: 1 cut or sold outQ4 25: 2 bought or addedQ4 25: 0 cut or sold outQ4 25Q1 26: 2 bought or addedQ1 26: 0 cut or sold outQ2 26: 1 bought or addedQ2 26: 0 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 202411
Q4 202411
Q1 202500
Q2 202501
Q3 202511
Q4 202520
Q1 202620
Q2 202610

Biggest buyers

Cutler Capital Management, LLC Added +5,880+5.9k

Biggest sellers

None

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Siena Capital Partners GP, LLC 1.98% of their portfolio EVANSTON, IL 209,160209.2k $8.2m $8.2m 1.98% Unchanged
2 Cutler Capital Management, LLC 1.36% of their portfolio WORCESTER, MA 132,830132.8k $5.2m $5.2m 1.36% Added +5.9k +5,880
3 PL Capital Advisors, LLC 0.02% of their portfolio NAPLES, FL 1,3801.4k $54.3k $54.3k 0.02% Unchanged