CIK 1177043
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 | 90.99% | 47 |
| Capital Markets | 5.95% | 1 |
| Unclassified | 1.65% | 1 |
| Utilities | 0.77% | 1 |
| Insurance | 0.46% | 1 |
| Distributors | 0.11% | 1 |
| Semiconductors & Semiconductor Equipment | 0.06% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | EQBK | EQUITY BANCSHARES INC | Financials | 6.58% |
| 2 | FRST | Primis Financial Corp. | Financials | 6.30% |
| 3 | ABX | Abacus Global Management, Inc. | Financials | 5.95% |
| 4 | VBNK | VersaBank | Financials | 5.19% |
| 5 | NIC | NICOLET BANKSHARES INC | Financials | 4.32% |
| 6 | RNST | RENASANT CORP | Financials | 4.31% |
| 7 | USCB | USCB FINANCIAL HOLDINGS, INC. | Financials | 4.13% |
| 8 | FHN | FIRST HORIZON CORP | Financials | 3.78% |
| 9 | OBK | Origin Bancorp, Inc. | Financials | 3.21% |
| 10 | CBK | Commercial Bancgroup, Inc. | Financials | 3.18% |
52/53 names classified · sector 98.4% of weight · industry 98.4% · mkt cap 98.4%; 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: 98.4% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 80.6% of book weight (45/53 names) · unclassified 19.4%: VBNK, CBK, COSO, AVBH, NPB, FFWM, CBC, HTB. 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 | EQBKEQUITY BANCSHARES INC | 382,050 | $17M | 6.6% | HOLD |
| 2 | FRSTPRIMIS FINANCIAL CORP | 1,224,543 | $16M | 6.3% | HOLD |
| 3 | ABXABACUS GLOBAL MGMT INC | 1,949,321 | $15M | 6.0% | TRIM −3% |
| 4 | VBNKVERSABANK NEW | 945,241 | $13M | 5.2% | TRIM −11% |
| 5 | NICNICOLET BANKSHARES INC | 74,988 | $11M | 4.3% | ADD 275% |
| 6 | RNSTRENASANT CORP | 307,500 | $11M | 4.3% | ADD 14% |
| 7 | USCBUSCB FINANCIAL HOLDINGS INC | 574,100 | $11M | 4.1% | ADD 18% |
| 8 | FHNFIRST HORIZON CORPORATION | 428,585 | $10M | 3.8% | TRIM −8% |
| 9 | OBKORIGIN BANCORP INC | 200,000 | $8M | 3.2% | HOLD |
| 10 | CBKCOMMERCIAL BANCGROUP INC | 315,633 | $8M | 3.2% | TRIM −16% |
| 11 | COSOCOASTALSOUTH BANCSHARES INC | 329,743 | $8M | 3.1% | ADD 24% |
| 12 | BCALCALIFORNIA BANCORP | 404,369 | $7M | 2.8% | ADD 59% |
| 13 | CIVBCIVISTA BANCSHARES INC | 311,725 | $7M | 2.8% | ADD 38% |
| 14 | BFSTBUSINESS FIRST BANCSHARES IN | 250,000 | $7M | 2.6% | HOLD |
| 15 | AVBHAVIDBANK HLDGS INC | 219,678 | $6M | 2.4% | TRIM −6% |
| 16 | MYFWFIRST WESTN FINL INC | 253,336 | $6M | 2.4% | HOLD |
| 17 | AMTBAMERANT BANCORP INC | 273,308 | $6M | 2.3% | TRIM −16% |
| 18 | BBTBERKSHIRE HILLS BANCORP INC | 199,731 | $6M | 2.3% | ADD 88% |
| 19 | FBKFB FINL CORP | 115,000 | $6M | 2.3% | TRIM −4% |
| 20 | SFNCSIMMONS FIRST NATL CORP | 275,000 | $5M | 2.1% | ADD 10% |
| 21 | NPBNORTHPOINTE BANCSHARES INC. | 308,624 | $5M | 2.1% | ADD 86% |
| 22 | MCHBMECHANICS BANCORP | 347,614 | $5M | 2.0% | TRIM −52% |
| 23 | FSUNFIRSTSUN CAP BANCORP | 136,325 | $5M | 1.9% | TRIM −3% |
| 24 | BANCBANC OF CALIFORNIA INC | 275,000 | $5M | 1.9% | ADD 10% |
| 25 | CCBCOASTAL FINL CORP WA | 56,000 | $4M | 1.7% | ADD 87% |
| 26 | FFWMFIRST FNDTN INC | 719,278 | $4M | 1.6% | ADD 80% |
| 27 | BYBYLINE BANCORP INC | 125,000 | $4M | 1.5% | HOLD |
| 28 | FRMEFIRST MERCHANTS CORP | 97,500 | $4M | 1.5% | ADD 3% |
| 29 | AUBATLANTIC UN BANKSHARES CORP | 100,000 | $4M | 1.4% | HOLD |
| 30 | FISIFINANCIAL INSTNS INC | 100,000 | $3M | 1.2% | HOLD |
| 31 | SHBISHORE BANCSHARES INC | 155,290 | $3M | 1.1% | HOLD |
| 32 | CARECARTER BANKSHARES INC | 104,692 | $2M | 0.9% | TRIM −11% |
| 33 | PFSPROVIDENT FINL SVCS INC | 115,000 | $2M | 0.9% | HOLD |
| 34 | CBCCENTRAL BANCOMPANY | 100,000 | $2M | 0.9% | TRIM −50% |
| 35 | BWBBRIDGEWATER BANCSHARES INC | 120,000 | $2M | 0.8% | HOLD |
| 36 | OSBCOLD SECOND BANCORP INC ILL | 100,000 | $2M | 0.8% | HOLD |
| 37 | HTBHOMETRUST BANCSHARES INC | 46,847 | $2M | 0.8% | HOLD |
| 38 | IDAIDACORP INC | 77,612 | $2M | 0.8% | NEW |
| 39 | ABCBAMERIS BANCORP | 25,500 | $2M | 0.8% | HOLD |
| 40 | FAFFIRST AMERN FINL CORP | 1,188,914 | $1M | 0.5% | NEW |
| 41 | MNSBMAINSTREET BANCSHARES INC | 47,312 | $1M | 0.4% | HOLD |
| 42 | ISTRINVESTAR HLDG CORP | 38,037 | $1M | 0.4% | HOLD |
| 43 | INDBINDEPENDENT BK CORP MASS | 10,000 | $752,100 | 0.3% | NEW |
| 44 | NBTBNBT BANCORP INC | 15,000 | $638,700 | 0.2% | HOLD |
| 45 | NBHCNATIONAL BK HLDGS CORP | 15,052 | $589,436 | 0.2% | NEW |
| 46 | EBCEASTERN BANKSHARES INC | 30,000 | $586,800 | 0.2% | NEW |
| 47 | CWBCCOMMUNITY WEST BANCSHARES NE | 24,796 | $577,747 | 0.2% | NEW |
| 48 | MRBKMERIDIAN CORPORATION | 26,722 | $506,649 | 0.2% | HOLD |
| 49 | OCFCOCEANFIRST FINL CORP | 20,000 | $360,800 | 0.1% | NEW |
| 50 | SFSTSOUTHERN FIRST BANCSHARES | 5,582 | $304,219 | 0.1% | HOLD |
| 51 | PGCPEAPACK-GLADSTONE FINL CORP | 8,460 | $297,877 | 0.1% | TRIM −79% |
| 52 | RSRELIANCE INC | 20,000 | $278,000 | 0.1% | NEW |
| 53 | FSLRFIRST SOLAR INC | 7,926 | $164,861 | 0.1% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| EQBKEQUITY BANCSHARES INC | 403K | 397K | 399K | 392K | 385K | 382K | $17M |
| FRSTPRIMIS FINANCIAL CORP | 1.1M | 1.1M | 1.3M | 1.2M | 1.2M | 1.2M | $16M |
| ABXABACUS GLOBAL MGMT INC | 1.3M | 1.4M | 1.6M | 1.9M | 2.0M | 1.9M | $15M |
| VBNKVERSABANK NEW | 887K | 1.0M | 1.1M | 1.0M | 1.1M | 945K | $13M |
| NICNICOLET BANKSHARES INC | 20K | 20K | — | 20K | 20K | 75K | $11M |
| RNSTRENASANT CORP | — | — | 250K | 250K | 270K | 308K | $11M |
| USCBUSCB FINANCIAL HOLDINGS INC | 675K | 670K | 691K | 487K | 487K | 574K | $11M |
| FHNFIRST HORIZON CORPORATION | — | 508K | 516K | 458K | 465K | 429K | $10M |
| OBKORIGIN BANCORP INC | 200K | 210K | 210K | 200K | 200K | 200K | $8M |
| CBKCOMMERCIAL BANCGROUP INC | — | — | — | — | 375K | 316K | $8M |
| COSOCOASTALSOUTH BANCSHARES INC | — | — | — | 332K | 266K | 330K | $8M |
| BCALCALIFORNIA BANCORP | 444K | 431K | 365K | 341K | 255K | 404K | $7M |
| CIVBCIVISTA BANCSHARES INC | 242K | 252K | 250K | 225K | 225K | 312K | $7M |
| BFSTBUSINESS FIRST BANCSHARES IN | 268K | 265K | 280K | 250K | 250K | 250K | $7M |
| AVBHAVIDBANK HLDGS INC | — | — | — | 298K | 235K | 220K | $6M |
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.
