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5%+ stakes · Schedule 13D and 13G

Merchants Bancorp: 5%+ holders

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Who has reported owning 5% or more of Merchants Bancorp, from Schedule 13D and 13G filings: each holder's stake as filed, the timeline, and the purpose each 13D states, quoted.

As of November 6, 2026, 3 holders' latest Schedule 13D or 13G filings report owning 5% or more of Merchants Bancorp. The largest reported stake is Michael F. Petrie's, at 27.4%. 3 filings are on record since April 6, 2026 (Schedule 13G/A, April 6, 2026).

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Key facts

  • · Reporting person: BlackRock, Inc. · Sole voting: 3,997,810 · Shared voting: 0 · Sole dispositive: 4,033,647 · Shared dispositive: 0 · SCHEDULE 13G, 2026-04-27
  • · Reporting person: Michael F. Petrie · Sole voting: 0 · Shared voting: 12,575,375 · Sole dispositive: 0 · Shared dispositive: 12,575,375 · SCHEDULE 13G/A, 2026-04-06
  • · Reporting person: Randall D. Rogers · Sole voting: 0 · Shared voting: 2,740,423 · Sole dispositive: 0 · Shared dispositive: 2,740,423 · SCHEDULE 13G/A, 2026-04-06
At 5% or more3
Filings3
Latest filing2026-04-27

Merchants Bancorp has 3 Schedule 13D or 13G filings on record since 2026-04-06. 3 holders' latest filing reports 5% or more of common stock. Each figure below is the holder's own, as filed, with the filing linked.

Holders

HolderPercentSharesLatestEvent date
27.4%12,575,375SCHEDULE 13G/A, 2026-04-062026-02-26
BlackRock, Inc.8.8%4,033,647SCHEDULE 13G, 2026-04-272026-03-31
Randall D. Rogers, Jr.8.3%3,775,767SCHEDULE 13G/A, 2026-04-062026-02-09

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What the Full Report on Merchants Bancorp covers

  1. The Short Answer

  2. Which Company This Is

  3. What They Do, And How The Money Works

  4. Who Runs It, And How To Reach Them

  5. The Money: Funding, Valuation, Runway

  6. Who Pays Them, And Who They Are Up Against

  7. Warning Bells

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Voting and dispositive power, as filed

Reporting personSole votingShared votingSole dispositiveShared dispositiveFiling
Michael F. Petrie012,575,375012,575,375SCHEDULE 13G/A, 2026-04-06
Jody J. Petrie012,575,375012,575,375SCHEDULE 13G/A, 2026-04-06
Emily J. Pell2,018,399746,7092,018,399746,709SCHEDULE 13G/A, 2026-04-06
The Emily J. Petrie Irrevocable Trust - 20102,611,42402,611,4240SCHEDULE 13G/A, 2026-04-06
The Julia L. Petrie Irrevocable Trust - 20102,410,15202,410,1520SCHEDULE 13G/A, 2026-04-06
BlackRock, Inc.3,997,81004,033,6470SCHEDULE 13G, 2026-04-27
Randall D. Rogers02,740,42302,740,423SCHEDULE 13G/A, 2026-04-06
Mary H. Rogers02,740,42302,740,423SCHEDULE 13G/A, 2026-04-06
Katherine H. Rogers2,063,47002,063,4700SCHEDULE 13G/A, 2026-04-06
Carey Rogers Kulongoski2,750,20802,750,2080SCHEDULE 13G/A, 2026-04-06
Randall D. Rogers, Jr.3,775,76703,775,7670SCHEDULE 13G/A, 2026-04-06

The latest filing identifies Merchants Bancorp by CUSIP 58844R108 and gives its principal executive office as 410 Monon Boulevard, Carmel, IN 46032 (SCHEDULE 13G, 2026-04-27).

Timeline

FiledHolderPercentFiling
2026-04-06Randall D. Rogers, Jr.8.3%SCHEDULE 13G/A
2026-04-06Michael F. Petrie27.4%SCHEDULE 13G/A
2026-04-27BlackRock, Inc.8.8%SCHEDULE 13G

Questions about who owns Merchants Bancorp

Who owns Merchants Bancorp?

On this page, 3 holders' latest ownership filings report 5% or more of Merchants Bancorp: Michael F. Petrie (27.4%, Schedule 13G/A, filed 2026-04-06), BlackRock, Inc. (8.8%, Schedule 13G, filed 2026-04-27) and Randall D. Rogers, Jr. (8.3%, Schedule 13G/A, filed 2026-04-06).

Who are the largest shareholders of Merchants Bancorp?

By the share each holder's latest filing reports, the largest holders of Merchants Bancorp on this page are Michael F. Petrie (27.4%), BlackRock, Inc. (8.8%) and Randall D. Rogers, Jr. (8.3%).

When did Michael F. Petrie buy into Merchants Bancorp?

The filings give report dates, not purchase dates. The earliest filing from Michael F. Petrie on this page is the Schedule 13G/A, filed 2026-04-06, reporting 27.4%. That earliest filing is itself an amendment, which updates an earlier report.

Is this an audit or a full list?

Neither. The ownership list on this page covers only Schedule 13D and 13G filings, which holders make once they own 5% or more of a class of shares (an amendment can report a stake that has since fallen below 5%); 3 such filings are shown here. It is not an audit and not a full cap table: holders who never reached 5% are not listed, and a stake can change after its latest filing.

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Where this comes from

Anyone who comes to own more than 5% of a class of a listed company's voting shares has to tell the SEC. A holder who may seek to change or influence the company files Schedule 13D, and has to say in Item 4, "Purpose of Transaction", what it intends to do. A holder with no such intent, such as many index and passive funds, may file the shorter Schedule 13G. Both are amended when the stake changes, including when it falls below 5%.

Every row here is one of those filings, linked to the filing itself. Percentages and share counts are exactly as the holder filed them, for the holder the filing names; an amendment showing a lower figure is shown as filed. Item 4 text is quoted word for word. Where a 13D's Item 4 contains a sentence stating a definite intent to influence the company, that sentence is marked and quoted; the page does not describe the holder or its motives beyond the words it filed. Nothing here is investment advice.

Cite this page

Permanent URL: https://mentionfox.com/stakes/merchants-bancorp
Last updated 2026-11-06
Primary record: SEC filing 1 · SEC filing 2 · SEC filing 3
Who owns 5% or more of Merchants Bancorp? 3 holders at 5% or more, largest Michael F. Petrie 27.4%. MentionFox, 2026-11-06. https://mentionfox.com/stakes/merchants-bancorp