Merchants Financial Group Inc MFGI
COM · Common Stock · CUSIP 588538108
3
institutional holders
+0 vs Q1 2026
343.4k
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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3 |
| Q4 2022 | 3 |
| Q1 2023 | 3 |
| Q2 2023 | 3 |
| Q3 2023 | 3 |
| Q4 2023 | 3 |
| Q1 2024 | 3 |
| Q2 2024 | 3 |
| Q3 2024 | 3 |
| Q4 2024 | 3 |
| Q1 2025 | 3 |
| Q2 2025 | 3 |
| Q3 2025 | 2 |
| Q4 2025 | 3 |
| Q1 2026 | 3 |
| Q2 2026 | 3 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Bought or addedCut or sold out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 1 | 1 |
| Q4 2024 | 1 | 1 |
| Q1 2025 | 0 | 0 |
| Q2 2025 | 0 | 1 |
| Q3 2025 | 1 | 1 |
| Q4 2025 | 2 | 0 |
| Q1 2026 | 2 | 0 |
| Q2 2026 | 1 | 0 |
Biggest buyers
| Cutler Capital Management, LLC | Added | +5.9k |
Biggest sellers
| None |
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| Siena Capital Partners GP, LLC 1.98% of their portfolio | 209.2k $8.2m | Unchanged |
| Cutler Capital Management, LLC 1.36% of their portfolio | 132.8k $5.2m | Added +5.9k |
| PL Capital Advisors, LLC 0.02% of their portfolio | 1.4k $54.3k | Unchanged |