Midland States Bancorp, Inc.: which funds bought and sold

Institutions that bought and sold Midland States Bancorp shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 77 institutions that filed 13F reports for both quarters added to or opened positions in Midland States Bancorp, and 56 cut or closed them. Together they added a net 546K shares, +3.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net buyers of 600K shares (+17.7%); index fund managers were net buyers of 190K shares (+3.3%). 26 opened a new position and 9 sold out entirely.

Bought, Q2 2026 77 institutions, 26 of them new holders Sold, Q2 2026 56 institutions, 9 of them sold out

Net change, all compared +546K shares (+3.9%)

Net change, active managers +600K shares (+17.7%), 20 bought, 9 sold

Buyers versus sellers

institutions compared, 163

77 bought 30 56 sold

Active managers and hedge funds 20 bought · 9 sold · +600K

Index fund managers 6 bought · 5 sold · +190K

Other institutions 51 bought · 42 sold · −244K

Biggest buyers

by change in shares held

Biggest buyers
Institution	Change in shares	Shares June 30, 2026	Value
Proshare Advisors LLC Index funds	+228K New position	228K	$7.1M
Acadian Asset Management LLC Active manager	+152K +59.4%	408K	$12.7M
Segall Bryant & Hamill, LLC Active manager	+94K New position	94K	$2.9M
LSV Asset Management Active manager	+89K +30.7%	379K	$11.8M
Maltese Capital Management LLC	+74K +84.1%	161K	$5M
Blackrock, Inc. Index funds	+65K +2.3%	2.9M	$90.9M
Algert Global LLC Hedge fund	+63K +46.1%	201K	$6.2M
Millennium Management LLC Hedge fund	+50K +235.1%	71K	$2.2M
Los Angeles Capital Management LLC Active manager	+49K +213.6%	73K	$2.3M
Arrowstreet Capital, Limited Partnership Hedge fund	+49K +24.7%	248K	$7.7M
Integrated Quantitative Investments LLC	+47K New position	47K	$1.5M
Federated Hermes, Inc. Active manager	+40K +68.7%	97K	$3M
Nuveen, LLC	+34K +54.1%	97K	$3M
Two Sigma Investments, LP Hedge fund	+33K +18.9%	207K	$6.4M
Nomura Asset Management International Inc.	+30K New position	30K	$950,000
Man Group PLC Hedge fund	+30K New position	30K	$939,618
State Of Wisconsin Investment Board	+30K +129.1%	53K	$1.7M
Franklin Resources Inc Active manager	+28K New position	28K	$884,999
Legato Capital Management LLC	+28K New position	28K	$861,457
Citadel Advisors LLC Hedge fund	+26K +50.8%	78K	$2.4M

Biggest buyers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
Acadian Asset Management LLC Active manager	+152K +59.4%	408K	$12.7M
Segall Bryant & Hamill, LLC Active manager	+94K New position	94K	$2.9M
LSV Asset Management Active manager	+89K +30.7%	379K	$11.8M
Algert Global LLC Hedge fund	+63K +46.1%	201K	$6.2M
Millennium Management LLC Hedge fund	+50K +235.1%	71K	$2.2M
Los Angeles Capital Management LLC Active manager	+49K +213.6%	73K	$2.3M
Arrowstreet Capital, Limited Partnership Hedge fund	+49K +24.7%	248K	$7.7M
Federated Hermes, Inc. Active manager	+40K +68.7%	97K	$3M
Two Sigma Investments, LP Hedge fund	+33K +18.9%	207K	$6.4M
Man Group PLC Hedge fund	+30K New position	30K	$939,618

Biggest sellers

by change in shares held

Biggest sellers
Institution	Change in shares	Shares June 30, 2026	Value
Rhino Investment Partners, Inc	−252K −78.7%	68K	$2.1M
State Street Corp Index funds	−72K −9.4%	694K	$21.6M
AQR Capital Management LLC Hedge fund	−55K −14.0%	341K	$10.6M
Jane Street Group, LLC	−55K Sold out	0	—
Vanguard Capital Management LLC Index funds	−54K −6.0%	847K	$26.4M
Jpmorgan Chase & Co	−50K −61.3%	32K	$988,271
Numerai Gp LLC	−46K Sold out	0	—
Commonwealth Equity Services, LLC	−41K Sold out	0	—
Dimensional Fund Advisors LP	−31K −3.5%	859K	$26.8M
Bank Of America Corp	−29K −20.6%	114K	$3.5M
Engineers Gate Manager LP Hedge fund	−26K Sold out	0	—
D. E. Shaw & Co., Inc. Hedge fund	−24K −28.0%	63K	$2M
UBS Group AG	−24K −30.8%	54K	$1.7M
Hotchkis & Wiley Capital Management LLC Active manager	−23K −4.3%	517K	$16.1M
American Century Companies Inc Active manager	−22K −3.8%	564K	$17.6M
Sei Investments Co	−21K −53.8%	18K	$547,315
Xtx Topco Ltd	−19K −31.9%	40K	$1.3M
Jacobs Levy Equity Management, Inc Active manager	−18K −7.6%	224K	$7M
Susquehanna International Group, LLP	−18K Sold out	0	—
Goldman Sachs Group Inc	−12K −4.5%	249K	$7.8M

Biggest sellers, active managers and hedge funds
Institution	Change in shares	Shares June 30, 2026	Value
AQR Capital Management LLC Hedge fund	−55K −14.0%	341K	$10.6M
Engineers Gate Manager LP Hedge fund	−26K Sold out	0	—
D. E. Shaw & Co., Inc. Hedge fund	−24K −28.0%	63K	$2M
Hotchkis & Wiley Capital Management LLC Active manager	−23K −4.3%	517K	$16.1M
American Century Companies Inc Active manager	−22K −3.8%	564K	$17.6M
Jacobs Levy Equity Management, Inc Active manager	−18K −7.6%	224K	$7M
Trexquant Investment LP Hedge fund	−9,665 −15.8%	52K	$1.6M
Alliancebernstein L.P. Active manager	−3,990 −12.0%	29K	$653,014
Graham Capital Management, L.P. Hedge fund	−159 −1.3%	12K	$364,525

New positions

largest by value

Institution	Shares	Value June 30, 2026
Proshare Advisors LLCIndex funds	228K	$7.1M
Segall Bryant & Hamill, LLCActive manager	94K	$2.9M
Integrated Quantitative Investments LLC	47K	$1.5M
Nomura Asset Management International Inc.	30K	$950,000
Man Group PLCHedge fund	30K	$939,618
Franklin Resources IncActive manager	28K	$884,999
Legato Capital Management LLC	28K	$861,457
Balyasny Asset Management L.P.Hedge fund	12K	$388,627
Caxton Associates LLPHedge fund	12K	$370,068
Prudential Financial Inc	11K	$351,913

Sold out

largest by value

Institution	Shares	Value March 31, 2026
Jane Street Group, LLC	55K	$1.2M
Numerai Gp LLC	46K	$1M
Commonwealth Equity Services, LLC	41K	$911,580
Engineers Gate Manager LPHedge fund	26K	$570,087
Susquehanna International Group, LLP	18K	$403,811
Quadrant Capital Group LLC	4,599	$102,604
Mai Capital Management	171	$3,816
Root Financial Partners, LLC	50	$1,116
Wealth Preservation Advisors, LLC	10	$223

Who holds the shares

13F holdings at June 30, 2026

Institutions reporting: 154
Ten largest holders: 58.5%
Index fund managers: 41.0%
Active managers and hedge funds: 27.4%

Buying and selling by type of institution, March 31, 2026 to June 30, 2026
Type	Bought	Sold	New	Sold out	Net change in shares	Net %
Active managers and hedge funds	20	9	7	1	+600K	+17.7%
Index fund managers	6	5	1	0	+190K	+3.3%
Other institutions	51	42	18	8	−244K	−5.0%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

What these filings can and cannot tell you

Form 13F lists the long positions in US-listed shares held by investment managers with more than $100 million in such holdings. Managers file it up to 45 days after each quarter ends, so this page shows what funds held at the end of each quarter, not what they are doing now: a position may have changed since. Short positions, most derivatives and smaller managers are not included, and a cut can mean a fund lost clients or rebalanced rather than a view on Midland States Bancorp.

Only managers that filed a holdings report for both quarters are compared (163 here). 2 other holders are left out: first-time or late filers, firms that changed their SEC registration, and filings that withheld positions under confidential treatment, any of which would otherwise look like a new position or a sale. Figures are as reported by each manager in the SEC's quarterly 13F data sets; option positions are excluded.

← Back to Midland States Bancorp, Inc. · Insiders · Politicians