Who owns Midland States Bancorp, Inc. (MSBI)
Which tracked institutional funds hold MSBI, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See MSBI company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
32 tracked funds added or opened MSBI while 18 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
MSBI’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes MSBI more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in MSBI divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 137 tracked filers holding MSBI, 74 increased or opened the position and 56 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in MSBI between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 10
- VANGUARD CAPITAL MANAGEMENT LLC$20M
- Patriot Financial Partners GP II, L.P.$10M
- VANGUARD PORTFOLIO MANAGEMENT LLC$5M
- VANGUARD FIDUCIARY TRUST CO$3M
- MALTESE CAPITAL MANAGEMENT LLC$2M
- PRINCIPAL FINANCIAL GROUP INC$912K
Full exits 5
- VANGUARD GROUP INC$26M
- TWO SIGMA ADVISERS, LP$2M
- PRUDENTIAL FINANCIAL INC$2M
- Jump Financial, LLC$959K
- Squarepoint Ops LLC$911K
Largest adds
- HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC$4M
- STATE STREET CORP$3M
- ACADIAN ASSET MANAGEMENT LLC$2M
- GOLDMAN SACHS GROUP INC$2M
- Rhino Investment Partners, Inc$2M
- BlackRock, Inc.$1M
Largest trims
- MILLENNIUM MANAGEMENT LLC$4M
- Nuveen, LLC$3M
- DIMENSIONAL FUND ADVISORS LP$2M
- JANE STREET GROUP, LLC$921K
- LOS ANGELES CAPITAL MANAGEMENT LLC$869K
- Trexquant Investment LP$847K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 2,855,654 | $64M | 17.7% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 901,392 | $20M | 5.6% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 890,800 | $20M | 5.5% | 2026-Q1 |
| STATE STREET CORP added | 765,922 | $17M | 4.8% | 2026-Q1 |
| Busey Bank | 759,286 | $17M | 4.7% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC trimmed | 586,162 | $13M | 3.6% | 2026-Q1 |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC added | 540,364 | $12M | 3.4% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 533,957 | $12M | 3.3% | 2026-Q1 |
| Patriot Financial Partners GP II, L.P. new | 438,500 | $10M | 2.7% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 382,444 | $9M | 2.4% | 2026-Q1 |
| Rhino Investment Partners, Inc added | 320,288 | $7M | 2.0% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 290,289 | $6M | 1.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 261,017 | $6M | 1.6% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC added | 256,221 | $6M | 1.6% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC added | 242,550 | $5M | 1.5% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 229,628 | $5M | 1.4% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 198,525 | $4M | 1.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP added | 174,088 | $4M | 1.1% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 169,640 | $4M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 153,973 | $3M | 1.0% | 2026-Q1 |
| MORGAN STANLEY trimmed | 149,625 | $3M | 0.9% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ trimmed | 143,315 | $3M | 0.9% | 2026-Q1 |
| ALGERT GLOBAL LLC added | 137,231 | $3M | 0.9% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 135,907 | $3M | 0.8% | 2026-Q1 |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC added | 129,459 | $3M | 0.8% | 2026-Q1 |
| Bank of New York Mellon Corp added | 126,213 | $3M | 0.8% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 97,524 | $2M | 0.6% | 2026-Q1 |
| Empowered Funds, LLC added | 96,686 | $2M | 0.6% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 87,534 | $2M | 0.5% | 2026-Q1 |
| MALTESE CAPITAL MANAGEMENT LLC added | 87,500 | $2M | 0.5% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 82,175 | $2M | 0.5% | 2026-Q1 |
| UBS Group AG added | 77,514 | $2M | 0.5% | 2026-Q1 |
| ROYAL BANK OF CANADA added | 68,757 | $2M | 0.4% | 2026-Q1 |
| Connor, Clark & Lunn Investment Management Ltd. added | 66,641 | $1M | 0.4% | 2026-Q1 |
| Nuveen, LLC trimmed | 63,202 | $1M | 0.4% | 2026-Q1 |
| Trexquant Investment LP trimmed | 61,321 | $1M | 0.4% | 2026-Q1 |
| XTX Topco Ltd added | 59,270 | $1M | 0.4% | 2026-Q1 |
| FEDERATED HERMES, INC. added | 57,695 | $1M | 0.4% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 54,949 | $1M | 0.3% | 2026-Q1 |
| Quantinno Capital Management LP added | 54,635 | $1M | 0.3% | 2026-Q1 |
| IEQ CAPITAL, LLC added | 53,682 | $1M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 51,818 | $1M | 0.3% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 51,752 | $1M | 0.3% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 49,439 | $1M | 0.3% | 2026-Q1 |
| Creative Planning added | 49,103 | $1M | 0.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 49,002 | $1M | 0.3% | 2026-Q1 |
| Numerai GP LLC added | 45,619 | $1M | 0.3% | 2026-Q1 |
| Russell Investments Group, Ltd. trimmed | 42,003 | $937K | 0.3% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 40,863 | $912K | 0.3% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 40,859 | $912K | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 40,556 | $905K | 0.3% | 2026-Q1 |
| SEI INVESTMENTS CO added | 38,076 | $849K | 0.2% | 2026-Q1 |
| FMR LLC added | 34,242 | $764K | 0.2% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 33,260 | $704K | 0.2% | 2026-Q1 |
| Mariner, LLC trimmed | 31,272 | $698K | 0.2% | 2026-Q1 |
| Vanguard Global Advisers, LLC new | 27,701 | $618K | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 26,135 | $583K | 0.2% | 2026-Q1 |
| Engineers Gate Manager LP added | 25,553 | $570K | 0.2% | 2026-Q1 |
| STATE OF WISCONSIN INVESTMENT BOARD trimmed | 23,283 | $519K | 0.1% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC trimmed | 23,155 | $517K | 0.1% | 2026-Q1 |
| Jefferies Financial Group Inc. new | 22,815 | $509K | 0.1% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P trimmed | 22,612 | $504K | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 21,208 | $473K | 0.1% | 2026-Q1 |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO added | 21,039 | $469K | 0.1% | 2026-Q1 |
| Rafferty Asset Management, LLC added | 20,058 | $447K | 0.1% | 2026-Q1 |
| MIDLAND WEALTH ADVISORS, LLC trimmed | 19,568 | $437K | 0.1% | 2026-Q1 |
| Valeo Financial Advisors, LLC added | 18,964 | $423K | 0.1% | 2026-Q1 |
| CITIGROUP INC trimmed | 18,900 | $422K | 0.1% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 18,100 | $404K | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 17,527 | $391K | 0.1% | 2026-Q1 |
| CWM, LLC added | 17,177 | $383K | 0.1% | 2026-Q1 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC trimmed | 16,151 | $360K | 0.1% | 2026-Q1 |
| OCCUDO QUANTITATIVE STRATEGIES LP trimmed | 13,706 | $356K | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC added | 1,227,934 | $26M | 7.2% | 2025-Q4 stale |
| Dana Investment Advisors, Inc. added | 239,838 | $4M | 1.1% | 2025-Q1 stale |
| TWO SIGMA ADVISERS, LP trimmed | 104,400 | $2M | 0.6% | 2025-Q4 stale |
| LPL Financial LLC added | 125,066 | $2M | 0.6% | 2025-Q2 stale |
| Palisades Investment Partners, LLC trimmed | 102,951 | $2M | 0.5% | 2025-Q1 stale |
| SEGALL BRYANT & HAMILL, LLC new | 96,008 | $2M | 0.5% | 2025-Q1 stale |
| PRUDENTIAL FINANCIAL INC trimmed | 71,461 | $2M | 0.4% | 2025-Q4 stale |
| Qube Research & Technologies Ltd added | 59,373 | $1M | 0.3% | 2025-Q3 stale |
| Jump Financial, LLC added | 45,300 | $959K | 0.3% | 2025-Q4 stale |
| Squarepoint Ops LLC added | 43,009 | $911K | 0.3% | 2025-Q4 stale |
| Fourthstone LLC new | 52,609 | $902K | 0.3% | 2025-Q3 stale |
| Brandywine Global Investment Management, LLC trimmed | 46,977 | $814K | 0.2% | 2025-Q2 stale |
| BROWN ADVISORY INC | 42,383 | $726K | 0.2% | 2025-Q3 stale |
| Swiss National Bank | 39,900 | $683K | 0.2% | 2025-Q1 stale |
| Y-Intercept (Hong Kong) Ltd added | 38,346 | $656K | 0.2% | 2025-Q1 stale |
| STRS OHIO added | 31,200 | $540K | 0.2% | 2025-Q2 stale |
| Sequoia Financial Advisors, LLC trimmed | 30,609 | $525K | 0.1% | 2025-Q3 stale |
| ExodusPoint Capital Management, LP added | 29,968 | $514K | 0.1% | 2025-Q3 stale |
| Point72 Asset Management, L.P. added | 22,630 | $479K | 0.1% | 2025-Q4 stale |
| Campbell & CO Investment Adviser LLC added | 27,459 | $476K | 0.1% | 2025-Q2 stale |
| PDT Partners, LLC added | 25,556 | $438K | 0.1% | 2025-Q1 stale |
| Cubist Systematic Strategies, LLC trimmed | 23,534 | $403K | 0.1% | 2025-Q3 stale |
| Walleye Capital LLC trimmed | 18,725 | $396K | 0.1% | 2025-Q4 stale |
| GSA CAPITAL PARTNERS LLP trimmed | 17,997 | $381K | 0.1% | 2025-Q4 stale |
| AlphaQuest LLC trimmed | 17,953 | $380K | 0.1% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 21,561 | $373K | 0.1% | 2025-Q2 stale |
| KLP KAPITALFORVALTNING AS | 17,300 | $366K | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.