CIK 1040762
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2025-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.
As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).
Computing…
Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.
| Industry group | Weight | Names |
|---|---|---|
| Banks | 89.20% | 86 |
| Unclassified | 7.47% | 8 |
| Capital Markets | 1.96% | 7 |
| Insurance | 1.03% | 2 |
| Distributors | 0.34% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | SSB | SouthState Bank Corp | Financials | 3.64% |
| 2 | FFWM | FIRST FNDTN INC | Unclassified | 2.57% |
| 3 | CCNE | CNB FINANCIAL CORP/PA | Financials | 2.56% |
| 4 | C | CITIGROUP INC | Financials | 2.54% |
| 5 | EQBK | EQUITY BANCSHARES INC | Financials | 2.50% |
| 6 | FRST | Primis Financial Corp. | Financials | 2.47% |
| 7 | HBNC | HORIZON BANCORP INC /IN/ | Financials | 2.47% |
| 8 | BAC | BANK OF AMERICA CORP /DE/ | Financials | 2.40% |
| 9 | NBHC | National Bank Holdings Corp | Financials | 2.34% |
| 10 | AMTB | Amerant Bancorp Inc. | Financials | 2.14% |
97/104 names classified · sector 94.0% of weight · industry 92.5% · mkt cap 92.5%; unclassified names shown, never dropped.
Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 94.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 80.2% of book weight (85/102 names) · unclassified 19.8%: FFWM, HBNC, NPB, , CBC, PFBC, CHYM, JCAP, AVBH, TOWN +7 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.
No contribution data for this period.
| # | Security | Shares | Value | Weight | Δ QoQ |
|---|---|---|---|---|---|
| 1 | SSBSOUTHSTATE BK CORP | 200,004 | $19M | 3.6% | ADD 7% |
| 2 | FFWMFIRST FNDTN INC | 2,213,860 | $13M | 2.6% | TRIM −10% |
| 3 | CCNECNB FINL CORP PA | 449,472 | $13M | 2.6% | TRIM −9% |
| 4 | CCITIGROUP INC | 113,806 | $13M | 2.5% | TRIM −14% |
| 5 | EQBKEQUITY BANCSHARES INC | 285,932 | $13M | 2.5% | TRIM −13% |
| 6 | FRSTPRIMIS FINANCIAL CORP | 945,000 | $13M | 2.5% | TRIM −8% |
| 7 | HBNCHORIZON BANCORP INC | 757,287 | $13M | 2.5% | TRIM −4% |
| 8 | BACBANK AMERICA CORP | 249,713 | $12M | 2.4% | ADD 65% |
| 9 | NBHCNATIONAL BK HLDGS CORP | 303,379 | $12M | 2.3% | TRIM −14% |
| 10 | AMTBAMERANT BANCORP INC | 492,500 | $11M | 2.1% | TRIM −17% |
| 11 | MTBM & T BK CORP | 49,284 | $10M | 2.0% | ADD 22% |
| 12 | QCRHQCR HOLDINGS INC | 117,484 | $10M | 2.0% | TRIM −10% |
| 13 | NPBNORTHPOINTE BANCSHARES INC. | 572,175 | $10M | 1.9% | ADD 51% |
| 14 | USBUS BANCORP | 185,000 | $10M | 1.9% | ADD 111% |
| 15 | COLBCOLUMBIA BKG SYS INC | 342,100 | $9M | 1.8% | ADD 40% |
| 16 | CBCCENTRAL BANCOMPANY | 377,583 | $9M | 1.8% | ADD 2% |
| 17 | IBOCINTERNATIONAL BANCSHARES COR | 131,739 | $9M | 1.7% | TRIM −8% |
| 18 | NICNICOLET BANKSHARES INC | 58,648 | $9M | 1.7% | NEW |
| 19 | ABCBAMERIS BANCORP | 110,000 | $9M | 1.7% | TRIM −9% |
| 20 | WSBCWESBANCO INC | 237,908 | $8M | 1.6% | TRIM −13% |
| 21 | EWBCEAST WEST BANCORP INC | 74,563 | $8M | 1.6% | ADD 19% |
| 22 | MCHBMECHANICS BANCORP | 532,690 | $8M | 1.5% | TRIM −23% |
| 23 | BBTBERKSHIRE HILLS BANCORP INC | 260,000 | $8M | 1.5% | ADD 18% |
| 24 | CARECARTER BANKSHARES INC | 328,888 | $8M | 1.5% | TRIM −17% |
| 25 | PFBCPREFERRED BK LOS ANGELES CA | 83,263 | $8M | 1.5% | ADD 29% |
| 26 | UNTYUNITY BANCORP INC | 144,832 | $8M | 1.5% | TRIM −9% |
| 27 | FCCOFIRST CMNTY CORP S C | 256,325 | $7M | 1.5% | HOLD |
| 28 | CHYMCHIME FINL INC | 399,621 | $7M | 1.5% | ADD 9% |
| 29 | BYBYLINE BANCORP INC | 220,615 | $7M | 1.4% | TRIM −17% |
| 30 | FFBCFIRST FINL BANCORP OH | 245,000 | $7M | 1.3% | ADD 7% |
| 31 | Investar Holding Corporation 6.5 Ser A Conv Pfd | 238,093 | $6M | 1.3% | HOLD |
| 32 | CFGCITIZENS FINL GROUP INC | 107,779 | $6M | 1.3% | ADD 13% |
| 33 | JCAPJEFFERSON CAPITAL INC | 329,700 | $6M | 1.2% | ADD 42% |
| 34 | BUSEFIRST BUSEY CORP | 237,500 | $6M | 1.2% | NEW |
| 35 | HBANHUNTINGTON BANCSHARES INC | 368,756 | $6M | 1.1% | ADD 91% |
| 36 | JPMJPMORGAN CHASE & CO | 18,307 | $5M | 1.1% | ADD 22% |
| 37 | INDBINDEPENDENT BK CORP MASS | 69,950 | $5M | 1.0% | ADD 10% |
| 38 | AVBHAVIDBANK HLDGS INC | 176,200 | $5M | 1.0% | TRIM −42% |
| 39 | VLYVALLEY NATL BANCORP | 380,210 | $5M | 0.9% | TRIM −12% |
| 40 | FSBCFIVE STAR BANCORP | 122,682 | $5M | 0.9% | TRIM −23% |
| 41 | UBSIUNITED BANKSHARES INC WEST V | 110,000 | $5M | 0.9% | TRIM −23% |
| 42 | WBSWEBSTER FINL CORP CONN | 65,032 | $5M | 0.9% | TRIM −72% |
| 43 | UMBFUMB FINL CORP | 38,886 | $4M | 0.9% | TRIM −40% |
| 44 | TOWNTOWNEBANK PORTSMOUTH VA | 127,454 | $4M | 0.8% | TRIM −4% |
| 45 | ISTRINVESTAR HLDG CORP | 157,000 | $4M | 0.8% | TRIM −9% |
| 46 | SCHWSCHWAB CHARLES CORP | 45,200 | $4M | 0.8% | TRIM −10% |
| 47 | FMBHFirst Mid Ill Bankshares, Inc. | 102,500 | $4M | 0.8% | ADD 46% |
| 48 | COFCAPITAL ONE FINL CORP | 22,800 | $4M | 0.8% | TRIM −22% |
| 49 | MGYRMAGYAR BANCORP INC | 236,753 | $4M | 0.8% | TRIM −2% |
| 50 | ACNBACNB CORP | 85,600 | $4M | 0.8% | ADD 29% |
| 51 | SMBCSOUTHERN MO BANCORP INC | 60,475 | $4M | 0.8% | HOLD |
| 52 | EFSIEAGLE FINL SVCS INC | 107,145 | $4M | 0.7% | TRIM −17% |
| 53 | FISIFINANCIAL INSTNS INC | 116,963 | $4M | 0.7% | TRIM −19% |
| 54 | NPNEPTUNE INS HLDGS INC | 149,090 | $4M | 0.7% | ADD 8% |
| 55 | KEYKEYCORP | 179,869 | $4M | 0.7% | TRIM −3% |
| 56 | FHNFIRST HORIZON CORPORATION | 158,344 | $4M | 0.7% | TRIM −18% |
| 57 | OPBKOP BANCORP | 268,867 | $4M | 0.7% | HOLD |
| 58 | CBKCOMMERCIAL BANCGROUP INC | 137,000 | $4M | 0.7% | TRIM −13% |
| 59 | FITBFIFTH THIRD BANCORP | 75,235 | $3M | 0.7% | TRIM −20% |
| 60 | PCBPCB BANCORP | 150,000 | $3M | 0.7% | ADD 56% |
| 61 | BCOW1895 Bancorp Of Wisconsin, Inc. | 290,340 | $3M | 0.6% | ADD 29% |
| 62 | WABCWESTAMERICA BANCORPORATION | 59,540 | $3M | 0.6% | TRIM −12% |
| 63 | BOHBANK HAWAII CORP | 41,500 | $3M | 0.6% | NEW |
| 64 | BWBBRIDGEWATER BANCSHARES INC | 167,006 | $3M | 0.6% | TRIM −5% |
| 65 | RNSTRENASANT CORP | 75,000 | $3M | 0.5% | TRIM −36% |
| 66 | EFSCENTERPRISE FINL SVCS CORP | 48,175 | $3M | 0.5% | TRIM −13% |
| 67 | CTBICOMMUNITY TR BANCORP INC | 42,016 | $3M | 0.5% | TRIM −24% |
| 68 | USCBUSCB FINANCIAL HOLDINGS INC | 134,197 | $2M | 0.5% | TRIM −20% |
| 69 | EQFNEquitable Financial Corp. | 147,513 | $2M | 0.5% | HOLD |
| 70 | IBCPINDEPENDENT BK CORP MICH | 68,000 | $2M | 0.4% | TRIM −60% |
| 71 | CBNKCAPITAL BANCORP INC MD | 75,945 | $2M | 0.4% | TRIM −14% |
| 72 | FSUNFIRSTSUN CAP BANCORP | 61,946 | $2M | 0.4% | TRIM −17% |
| 73 | CCBGCAPITAL CITY BK GROUP INC | 46,809 | $2M | 0.4% | TRIM −6% |
| 74 | BENFRANKLIN RESOURCES INC | 85,700 | $2M | 0.4% | ADD 757% |
| 75 | HBCPHOME BANCORP INC | 33,195 | $2M | 0.4% | TRIM −12% |
| 76 | MBBCMARATHON BANCORP INC | 145,100 | $2M | 0.4% | HOLD |
| 77 | BNYBANK NEW YORK MELLON CORP | 16,500 | $2M | 0.4% | TRIM −15% |
| 78 | PEBKPEOPLES BANCORP N C INC | 49,958 | $2M | 0.4% | HOLD |
| 79 | MSBIMIDLAND STATES BANCORP INC | 87,500 | $2M | 0.4% | NEW |
| 80 | SFSTSOUTHERN FIRST BANCSHARES | 35,026 | $2M | 0.4% | ADD 22% |
| 81 | HOPEHOPE BANCORP INC | 167,500 | $2M | 0.4% | ADD 60% |
| 82 | CVBFCVB FINL CORP | 91,500 | $2M | 0.3% | NEW |
| 83 | WLFCWILLIS LEASE FIN CORP | 10,083 | $2M | 0.3% | HOLD |
| 84 | FLAGSTAR BANK NATIONAL ASSOC | 43,565 | $2M | 0.3% | TRIM −8% |
| 85 | OBTORANGE CNTY BANCORP INC | 52,573 | $2M | 0.3% | NEW |
| 86 | FCNCAFIRST CTZNS BANCSHARES INC D | 868 | $2M | 0.3% | TRIM −80% |
| 87 | CRBGCOREBRIDGE FINL INC | 67,500 | $2M | 0.3% | TRIM −4% |
| 88 | AMGAFFILIATED MANAGERS GROUP | 4,900 | $1M | 0.3% | NEW |
| 89 | BKUBANKUNITED INC | 30,000 | $1M | 0.3% | TRIM −14% |
| 90 | Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | 53,925 | $1M | 0.3% | TRIM −10% |
| 91 | WNEBWESTERN NEW ENG BANCORP INC | 101,224 | $1M | 0.3% | TRIM −39% |
| 92 | WTFCWINTRUST FINL CORP | 9,214 | $1M | 0.3% | TRIM −52% |
| 93 | SBCFSEACOAST BKG CORP FLA | 40,500 | $1M | 0.2% | TRIM −10% |
| 94 | HOMBHOME BANCSHARES INC | 45,500 | $1M | 0.2% | TRIM −11% |
| 95 | WRIVWhite River Bancshares Co | 21,179 | $1M | 0.2% | ADD 14% |
| 96 | ESQESQUIRE FINL HLDGS INC | 9,227 | $991,903 | 0.2% | TRIM −54% |
| 97 | ECBKECB BANCORP INC | 55,198 | $923,463 | 0.2% | ADD 21% |
| 98 | SFSTIFEL FINL CORP | 10,000 | $739,200 | 0.1% | TRIM −73% |
| 99 | VCTRVICTORY CAP HLDGS INC | 10,000 | $654,800 | 0.1% | NEW |
| 100 | WFCWELLS FARGO CO NEW | 7,124 | $567,141 | 0.1% | TRIM −88% |
| 101 | IVZINVESCO LTD | 20,000 | $485,800 | 0.1% | TRIM −79% |
| 102 | TROWPRICE T ROWE GROUP INC | 5,000 | $450,700 | 0.1% | NEW |
| 103 | AVBCAVIDIA BANCORP INC | 13,500 | $265,545 | 0.1% | TRIM −65% |
| 104 | LCNBLCNB CORP | 7,487 | $116,722 | 0.0% | TRIM −63% |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| SSBSOUTHSTATE BK CORP | — | — | — | 143K | 187K | 200K | $19M |
| FFWMFIRST FNDTN INC | 1.2M | 1.7M | 2.2M | 2.3M | 2.5M | 2.2M | $13M |
| CCNECNB FINL CORP PA | 201K | 146K | 146K | 478K | 492K | 449K | $13M |
| CCITIGROUP INC | 405K | 351K | 300K | 209K | 133K | 114K | $13M |
| EQBKEQUITY BANCSHARES INC | 326K | 326K | 326K | 326K | 329K | 286K | $13M |
| FRSTPRIMIS FINANCIAL CORP | 901K | 929K | 1.0M | 987K | 1.0M | 945K | $13M |
| HBNCHORIZON BANCORP INC | 664K | 705K | 770K | 842K | 793K | 757K | $13M |
| BACBANK AMERICA CORP | 290K | 350K | 250K | 190K | 151K | 250K | $12M |
| NBHCNATIONAL BK HLDGS CORP | 197K | 250K | 405K | 414K | 353K | 303K | $12M |
| AMTBAMERANT BANCORP INC | 1.0M | 1.0M | 1.0M | 967K | 593K | 493K | $11M |
| MTBM & T BK CORP | 91K | 94K | 105K | 80K | 41K | 49K | $10M |
| QCRHQCR HOLDINGS INC | 158K | 180K | 285K | 157K | 130K | 117K | $10M |
| NPBNORTHPOINTE BANCSHARES INC. | — | 635K | 585K | 381K | 380K | 572K | $10M |
| USBUS BANCORP | 448K | — | 20K | 284K | 88K | 185K | $10M |
| COLBCOLUMBIA BKG SYS INC | 140K | — | 100K | 306K | 245K | 342K | $9M |
Shares reported each quarter by the largest current holdings. Green = added vs the prior filing of that name, red = trimmed, grey = roughly held; a dash is a quarter with no 13F on file (a gap is skipped, not read as an exit). 13F is filed up to 45 days after quarter-end. Up to 40 quarters (10 years) available — use the selector above.
Where this firm's principals came from and which firms its alumni went on to found.
