CIK 1388279
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 | 97.62% | 34 |
| Unclassified | 2.38% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | COLB | COLUMBIA BANKING SYSTEM, INC. | Financials | 6.95% |
| 2 | WAL | WESTERN ALLIANCE BANCORPORATION | Financials | 5.96% |
| 3 | AUB | Atlantic Union Bankshares Corp | Financials | 5.65% |
| 4 | UMBF | UMB FINANCIAL CORP | Financials | 5.51% |
| 5 | SSB | SouthState Bank Corp | Financials | 5.33% |
| 6 | CFG | CITIZENS FINANCIAL GROUP INC/RI | Financials | 4.79% |
| 7 | AX | Axos Financial, Inc. | Financials | 4.38% |
| 8 | EWBC | EAST WEST BANCORP INC | Financials | 4.27% |
| 9 | CNOB | ConnectOne Bancorp, Inc. | Financials | 4.13% |
| 10 | HWC | HANCOCK WHITNEY CORP | Financials | 4.08% |
35/35 names classified · sector 100.0% of weight · industry 97.6% · mkt cap 97.6%; 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: 100.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 94.5% of book weight (32/35 names) · unclassified 5.5%: PFBC, HBNC, PNFP. 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 | COLBCOLUMBIA BKG SYS INC | 1,185,832 | $33M | 6.9% | ADD 7% |
| 2 | WALWESTERN ALLIANCE BANCORP | 393,485 | $28M | 6.0% | HOLD |
| 3 | AUBATLANTIC UN BANKSHARES CORP | 740,157 | $26M | 5.7% | HOLD |
| 4 | UMBFUMB FINL CORP | 228,789 | $26M | 5.5% | HOLD |
| 5 | SSBSOUTHSTATE BK CORP | 269,500 | $25M | 5.3% | ADD 9% |
| 6 | CFGCITIZENS FINL GROUP INC | 373,880 | $22M | 4.8% | HOLD |
| 7 | AXAXOS FINANCIAL INC | 240,745 | $20M | 4.4% | TRIM −6% |
| 8 | EWBCEAST WEST BANCORP INC | 187,024 | $20M | 4.3% | TRIM −8% |
| 9 | CNOBCONNECTONE BANCORP INC | 721,639 | $19M | 4.1% | ADD 3% |
| 10 | HWCHANCOCK WHITNEY CORPORATION | 300,496 | $19M | 4.1% | TRIM −4% |
| 11 | ONBOLD NATL BANCORP IND | 744,434 | $16M | 3.5% | ADD 31% |
| 12 | OSBCOLD SECOND BANCORP INC ILL | 773,528 | $16M | 3.3% | HOLD |
| 13 | FITBFIFTH THIRD BANCORP | 323,493 | $15M | 3.2% | NEW |
| 14 | FNBF N B CORP | 872,591 | $15M | 3.1% | ADD 6% |
| 15 | WTFCWINTRUST FINL CORP | 96,083 | $13M | 2.9% | TRIM −23% |
| 16 | CCNECNB FINL CORP PA | 458,573 | $13M | 2.8% | HOLD |
| 17 | HAFCHANMI FINL CORP | 446,917 | $12M | 2.5% | TRIM −6% |
| 18 | RFREGIONS FINANCIAL CORP NEW | 441,682 | $12M | 2.5% | HOLD |
| 19 | FCNCAFIRST CTZNS BANCSHARES INC D | 6,091 | $11M | 2.5% | TRIM −8% |
| 20 | PFBCPREFERRED BK LOS ANGELES CA | 122,621 | $11M | 2.4% | ADD 4% |
| 21 | HBNCHORIZON BANCORP INC | 559,410 | $9M | 2.0% | ADD 26% |
| 22 | BANRBANNER CORP | 150,356 | $9M | 1.9% | TRIM −16% |
| 23 | CCBCOASTAL FINL CORP WA | 110,571 | $8M | 1.8% | ADD 68% |
| 24 | ALRSALERUS FINL CORP | 338,924 | $8M | 1.7% | NEW |
| 25 | NICNICOLET BANKSHARES INC | 52,805 | $8M | 1.7% | NEW |
| 26 | RNSTRENASANT CORP | 185,213 | $7M | 1.4% | TRIM −29% |
| 27 | FBPFIRST BANCORP P R | 309,910 | $7M | 1.4% | HOLD |
| 28 | MCHBMECHANICS BANCORP | 438,635 | $6M | 1.4% | TRIM −9% |
| 29 | MCBMETROPOLITAN BK HLDG CORP | 75,000 | $6M | 1.3% | NEW |
| 30 | SMBKSMARTFINANCIAL INC | 147,234 | $6M | 1.2% | HOLD |
| 31 | FBKFB FINL CORP | 107,116 | $6M | 1.2% | HOLD |
| 32 | PNFPPINNACLE FINL PARTNERS INC | 60,000 | $5M | 1.1% | NEW |
| 33 | BACBANK AMERICA CORP | 101,337 | $5M | 1.1% | TRIM −32% |
| 34 | CIVBCIVISTA BANCSHARES INC | 126,653 | $3M | 0.6% | ADD 15% |
| 35 | VLYVALLEY NATL BANCORP | 158,166 | $2M | 0.4% | HOLD |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| COLBCOLUMBIA BKG SYS INC | 973K | 955K | 1.0M | 1.1M | 1.1M | 1.2M | $33M |
| WALWESTERN ALLIANCE BANCORP | 422K | 415K | 406K | 406K | 398K | 393K | $28M |
| AUBATLANTIC UN BANKSHARES CORP | — | 415K | 683K | 684K | 743K | 740K | $26M |
| UMBFUMB FINL CORP | — | 209K | 227K | 230K | 230K | 229K | $26M |
| SSBSOUTHSTATE BK CORP | — | — | — | 247K | 246K | 270K | $25M |
| CFGCITIZENS FINL GROUP INC | 389K | 430K | 375K | 376K | 375K | 374K | $22M |
| AXAXOS FINANCIAL INC | 236K | 284K | 284K | 237K | 256K | 241K | $20M |
| EWBCEAST WEST BANCORP INC | 202K | 219K | 209K | 209K | 203K | 187K | $20M |
| CNOBCONNECTONE BANCORP INC | 508K | 523K | 542K | 701K | 699K | 722K | $19M |
| HWCHANCOCK WHITNEY CORPORATION | 386K | 312K | 312K | 312K | 312K | 300K | $19M |
| ONBOLD NATL BANCORP IND | 468K | 544K | 432K | 508K | 566K | 744K | $16M |
| OSBCOLD SECOND BANCORP INC ILL | 411K | 716K | 717K | 778K | 776K | 774K | $16M |
| FITBFIFTH THIRD BANCORP | — | — | — | — | — | 323K | $15M |
| FNBF N B CORP | 824K | 825K | 826K | 827K | 825K | 873K | $15M |
| WTFCWINTRUST FINL CORP | 157K | 155K | 168K | 134K | 124K | 96K | $13M |
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.
