MIDLAND STATES BANCORP INC MSBI
COM · Common Stock · CUSIP 597742105
- SectorFinancials
- IndustryState Commercial Banks
- HeadquartersEffingham, IL
- FilingsSEC EDGAR
* 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 ($3.6m this quarter). Holder counts are more reliable. Shares outstanding: 20.8m as of 2026-07-20, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $31.12.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 123 |
| Q4 2022 | 122 |
| Q1 2023 | 118 |
| Q2 2023 | 112 |
| Q3 2023 | 110 |
| Q4 2023 | 115 |
| Q1 2024 | 117 |
| Q2 2024 | 120 |
| Q3 2024 | 134 |
| Q4 2024 | 144 |
| Q1 2025 | 134 |
| Q2 2025 | 140 |
| Q3 2025 | 140 |
| Q4 2025 | 139 |
| Q1 2026 | 139 |
| Q2 2026 | 154 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 75 | 38 |
| Q4 2024 | 68 | 58 |
| Q1 2025 | 62 | 66 |
| Q2 2025 | 82 | 58 |
| Q3 2025 | 76 | 60 |
| Q4 2025 | 71 | 70 |
| Q1 2026 | 71 | 54 |
| Q2 2026 | 77 | 56 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $25.1k | $0 | 0.00 |
| Q4 2025 | $19.1k | $0 | 0.00 |
| Q1 2026 | $0 | $0 | — |
| Q2 2026 | $0 | $0 | — |
Biggest buyers
| ProShare Advisors LLC | New | +227.5k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +152.2k |
| SEGALL BRYANT & HAMILL, LLC | New | +94.0k |
| LSV ASSET MANAGEMENT | Added | +89.0k |
| MALTESE CAPITAL MANAGEMENT LLC | Added | +73.6k |
| BlackRock, Inc. | Added | +65.0k |
| ALGERT GLOBAL LLC | Added | +63.3k |
| MILLENNIUM MANAGEMENT LLC | Added | +49.9k |
| LOS ANGELES CAPITAL MANAGEMENT LLC | Added | +49.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +49.0k |
Biggest sellers
| Rhino Investment Partners, Inc | Reduced | -252.2k |
| STATE STREET CORP | Reduced | -71.8k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -55.4k |
| JANE STREET GROUP, LLC | Sold out | -54.9k |
| VANGUARD CAPITAL MANAGEMENT LLC | Reduced | -54.0k |
| JPMORGAN CHASE & CO | Reduced | -50.4k |
| Numerai GP LLC | Sold out | -45.6k |
| COMMONWEALTH EQUITY SERVICES, LLC | Sold out | -40.9k |
| DIMENSIONAL FUND ADVISORS LP | Reduced | -31.4k |
| BANK OF AMERICA CORP /DE/ | Reduced | -29.5k |
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-02-07 | 7.3% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2025-04-15 | 6.5% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27), DIMENSIONAL FUND ADVISORS LP (4.9%, 2026-01-21)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 3 | $465.1k | — |
| Q1 2025 | 3 | $91.3k | 0 | — | — |
| Q2 2025 | 0 | — | 0 | — | — |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 4 | $285.1k | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $63.7k | — |
| Q2 2026 | 1 | $249.0k | 0 | — | — |
| Q3 2026 | 0 | — | 2 | $421.4k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-08 | Mooney Kyle Owen SVP - Chief Operating Officer | Sold | $80.0k2.4k shares |
| 2026-08-18 | Mooney Kyle Owen SVP - Chief Operating Officer | Sold | $16.2k489 shares |
| 2026-08-11 | Mooney Kyle Owen SVP - Chief Operating Officer | Sold | $40.1k1.2k shares |
| 2026-07-28 | Ludwig Jeffrey G. President & CEO, director | Sold | $285.0k8.4k shares |
| 2026-05-05 | Franklin Travis Director | Bought | $249.0k9.4k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.00% of their portfolio | 2.9m $90.9m | Added +65.0k |
| DIMENSIONAL FUND ADVISORS LP 0.00% of their portfolio | 859.4k $26.8m | Reduced -31.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 847.4k $26.4m | Reduced -54.0k |
| Busey Bank 0.57% of their portfolio | 759.3k $23.6m | Unchanged |
| STATE STREET CORP 0.00% of their portfolio | 694.1k $21.6m | Reduced -71.8k |
| AMERICAN CENTURY COMPANIES INC 0.01% of their portfolio | 563.7k $17.6m | Reduced -22.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 537.3k $16.7m | Added +3.3k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 517.3k $16.1m | Reduced -23.0k |
| Patriot Financial Partners GP II, L.P. 3.49% of their portfolio | 438.5k $13.7m | Unchanged |
| ACADIAN ASSET MANAGEMENT LLC 0.02% of their portfolio | 408.4k $12.7m | Added +152.2k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 379.3k $11.8m | Added +89.0k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 340.9k $10.6m | Reduced -55.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.00% of their portfolio | 252.2k $7.9m | Added +22.6k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 249.2k $7.8m | Reduced -11.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.00% of their portfolio | 247.5k $7.7m | Added +49.0k |
| ProShare Advisors LLC 0.01% of their portfolio | 227.5k $7.1m | New |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.03% of their portfolio | 224.1k $7.0m | Reduced -18.4k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 207.0k $6.4m | Added +32.9k |
| ALGERT GLOBAL LLC 0.07% of their portfolio | 200.5k $6.2m | Added +63.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 174.4k $5.4m | Added +4.7k |
| MALTESE CAPITAL MANAGEMENT LLC 0.91% of their portfolio | 161.1k $5.0m | Added +73.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 159.5k $5.0m | Added +5.5k |
| MORGAN STANLEY 0.00% of their portfolio | 144.4k $4.5m | Reduced -5.3k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.07% of their portfolio | 136.1k $4.2m | Added +6.7k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 134.7k $4.2m | Reduced -1.2k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 126.6k $3.9m | Added +339 |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 113.9k $3.5m | Reduced -29.5k |
| Nuveen, LLC 0.00% of their portfolio | 97.4k $3.0m | Added +34.2k |
| FEDERATED HERMES, INC. 0.00% of their portfolio | 97.3k $3.0m | Added +39.6k |
| SEGALL BRYANT & HAMILL, LLC 0.03% of their portfolio | 94.0k $2.9m | New |
| Empowered Funds, LLC 0.02% of their portfolio | 92.9k $2.9m | Reduced -3.8k |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 92.8k $2.9m | Reduced -4.7k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 78.2k $2.4m | Added +26.3k |
| LOS ANGELES CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 72.6k $2.3m | Added +49.5k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 71.1k $2.2m | Added +49.9k |
| Connor, Clark & Lunn Investment Management Ltd. 0.00% of their portfolio | 69.3k $2.2m | Added +2.7k |
| Rhino Investment Partners, Inc 0.64% of their portfolio | 68.1k $2.1m | Reduced -252.2k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 67.6k $2.1m | Reduced -1.1k |
| Quantinno Capital Management LP 0.00% of their portfolio | 65.7k $2.0m | Added +11.1k |
| D. E. Shaw & Co., Inc. 0.00% of their portfolio | 63.1k $2.0m | Reduced -24.5k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 58.7k $1.8m | Added +9.3k |
| Creative Planning 0.00% of their portfolio | 55.9k $1.7m | Added +6.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.00% of their portfolio | 55.3k $1.7m | Added +3.5k |
| IEQ CAPITAL, LLC 0.01% of their portfolio | 55.0k $1.7m | Added +1.4k |
| UBS Group AG 0.00% of their portfolio | 53.6k $1.7m | Reduced -23.9k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.00% of their portfolio | 53.3k $1.7m | Added +30.1k |
| BARCLAYS PLC 0.00% of their portfolio | 51.8k $1.6m | Added +2.8k |
| Trexquant Investment LP 0.01% of their portfolio | 51.7k $1.6m | Reduced -9.7k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 47.5k $1.5m | Added +5.5k |
| MARTINGALE ASSET MANAGEMENT L P 0.03% of their portfolio | 47.0k $1.5m | Added +24.4k |
| Integrated Quantitative Investments LLC 0.24% of their portfolio | 46.8k $1.5m | New |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 43.9k $1.4m | Added +3.1k |
| XTX Topco Ltd 0.02% of their portfolio | 40.4k $1.3m | Reduced -18.9k |
| FMR LLC 0.00% of their portfolio | 37.6k $1.2m | Added +3.4k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 31.8k $988.3k | Reduced -50.4k |
| Invesco Ltd. 0.00% of their portfolio | 31.2k $973.0k | Reduced -9.3k |
| Mariner, LLC 0.00% of their portfolio | 30.9k $963.8k | Reduced -323 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. 0.00% of their portfolio | 30.5k $950.0k | New |
| Man Group plc 0.00% of their portfolio | 30.2k $939.6k | New |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 29.9k $930.9k | Added +2.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 29.3k $653.0k | Reduced -4.0k |
| FRANKLIN RESOURCES INC 0.00% of their portfolio | 28.4k $885.0k | New |
| Legato Capital Management LLC 0.07% of their portfolio | 27.7k $861.5k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 25.0k $779.1k | Reduced -1.1k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 23.6k $734.9k | Added +8.8k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 22.9k $712.3k | Added +8.7k |
| Jefferies Financial Group Inc. 0.01% of their portfolio | 22.8k $710.1k | Reduced -13 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 21.0k $654.5k | Reduced -21 |
| MIDLAND WEALTH ADVISORS, LLC 0.03% of their portfolio | 19.6k $609.3k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 19.5k $607.7k | Added +7.2k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 19.0k $590.8k | Added +1.4k |
| CITIGROUP INC 0.00% of their portfolio | 18.2k $566.2k | Reduced -719 |
| SEI INVESTMENTS CO 0.00% of their portfolio | 17.6k $547.3k | Reduced -20.5k |
| MERCER GLOBAL ADVISORS INC /ADV 0.00% of their portfolio | 17.0k $530.7k | Added +1.3k |
| Valeo Financial Advisors, LLC 0.01% of their portfolio | 16.7k $520.5k | Reduced -2.2k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.01% of their portfolio | 16.3k $506.1k | Added +100 |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 15.4k $479.0k | Added +1.5k |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio | 13.9k $422.9k | Added +348 |
| SMITH, MOORE & CO. 0.03% of their portfolio | 13.3k $414.3k | Added +72 |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 12.5k $388.6k | New |
| MONETA GROUP INVESTMENT ADVISORS LLC 0.00% of their portfolio | 12.2k $381.1k | Unchanged |
| CAXTON ASSOCIATES LLP 0.01% of their portfolio | 11.9k $370.1k | New |
| Graham Capital Management, L.P. 0.01% of their portfolio | 11.7k $364.5k | Reduced -159 |
| Brucke Financial, Inc. 0.16% of their portfolio | 11.7k $363.2k | Reduced -80 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 11.7k $362.9k | Unchanged |
| Arax Advisory Partners 0.00% of their portfolio | 11.5k $359.0k | Added +11.0k |
| PRUDENTIAL FINANCIAL INC 0.00% of their portfolio | 11.3k $351.9k | New |
| Hennion & Walsh Asset Management, Inc. 0.01% of their portfolio | 11.1k $346.8k | Reduced -327 |
| Tower Research Capital LLC (TRC) 0.01% of their portfolio | 10.8k $337.6k | Added +9.4k |
| Quadrature Capital Ltd 0.00% of their portfolio | 10.1k $313.4k | New |
| Rafferty Asset Management, LLC 0.00% of their portfolio | 9.8k $303.9k | Reduced -10.3k |
| OCCUDO QUANTITATIVE STRATEGIES LP 0.02% of their portfolio | 9.6k $298.8k | Reduced -4.1k |
| Susquehanna Portfolio Strategies, LLC 0.00% of their portfolio | 9.6k $298.1k | Unchanged |
| Vise Technologies, Inc. 0.00% of their portfolio | 9.2k $286.8k | New |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 9.0k $280.2k | Reduced -536 |
| Cambria Investment Management, L.P. 0.01% of their portfolio | 8.9k $277.0k | New |
| Point72 Asset Management, L.P. 0.00% of their portfolio | 8.6k $268.1k | New |
| FIRST TRUST ADVISORS LP 0.00% of their portfolio | 8.1k $251.4k | New |
| Sequoia Financial Advisors, LLC 0.00% of their portfolio | 7.3k $228.1k | New |
| Cerity Partners LLC 0.00% of their portfolio | 7.1k $221.1k | New |