CIK 1600583
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 | 100.00% | 46 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | QCRH | QCR HOLDINGS INC | Financials | 5.60% |
| 2 | OBK | Origin Bancorp, Inc. | Financials | 4.09% |
| 3 | HBNC | HORIZON BANCORP INC /IN/ | Financials | 3.63% |
| 4 | BCAL | California BanCorp \ CA | Financials | 3.47% |
| 5 | VLY | VALLEY NATIONAL BANCORP | Financials | 3.41% |
| 6 | CFG | CITIZENS FINANCIAL GROUP INC/RI | Financials | 3.38% |
| 7 | IBOC | INTERNATIONAL BANCSHARES CORP | Financials | 3.24% |
| 8 | EWBC | EAST WEST BANCORP INC | Financials | 3.06% |
| 9 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | Financials | 2.79% |
| 10 | ONB | OLD NATIONAL BANCORP /IN/ | Financials | 2.65% |
46/46 names classified · sector 100.0% of weight · industry 100.0% · mkt cap 100.0%; 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: 90.3% of book weight (40/46 names) · unclassified 9.7%: HBNC, COSO, AVBH, HTB, FSEA, FLG. 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 | QCRHQCR HOLDINGS INC | 85,100 | $7M | 5.6% | HOLD |
| 2 | OBKORIGIN BANCORP INC | 128,151 | $5M | 4.1% | HOLD |
| 3 | HBNCHORIZON BANCORP INC | 284,669 | $5M | 3.6% | ADD 11% |
| 4 | BCALCALIFORNIA BANCORP | 254,578 | $5M | 3.5% | ADD 78% |
| 5 | VLYVALLEY NATL BANCORP | 360,935 | $4M | 3.4% | HOLD |
| 6 | CFGCITIZENS FINL GROUP INC | 73,130 | $4M | 3.4% | TRIM −7% |
| 7 | IBOCINTERNATIONAL BANCSHARES COR | 62,487 | $4M | 3.2% | HOLD |
| 8 | EWBCEAST WEST BANCORP INC | 37,200 | $4M | 3.1% | ADD 9% |
| 9 | ZIONZIONS BANCORPORATION N A | 62,850 | $4M | 2.8% | ADD 6% |
| 10 | ONBOLD NATL BANCORP IND | 155,600 | $3M | 2.6% | ADD 5% |
| 11 | BRBSBLUE RIDGE BANKSHARES INC VA | 803,446 | $3M | 2.6% | HOLD |
| 12 | OSBCOLD SECOND BANCORP INC ILL | 166,457 | $3M | 2.6% | ADD 5% |
| 13 | FRAFFRANKLIN FINL SVCS CORP | 63,910 | $3M | 2.5% | NEW |
| 14 | DCOMDIME CMNTY BANCSHARES INC | 90,814 | $3M | 2.4% | HOLD |
| 15 | FFBCFIRST FINL BANCORP OH | 108,254 | $3M | 2.3% | NEW |
| 16 | VABKVIRGINIA NATL BANKSHARES COR | 74,879 | $3M | 2.2% | HOLD |
| 17 | CNOBCONNECTONE BANCORP INC | 103,219 | $3M | 2.1% | ADD 4% |
| 18 | COLBCOLUMBIA BKG SYS INC | 99,400 | $3M | 2.1% | ADD 2% |
| 19 | PLBCPLUMAS BANCORP | 53,778 | $3M | 2.0% | HOLD |
| 20 | HAFCHANMI FINL CORP | 97,720 | $3M | 2.0% | ADD 17% |
| 21 | MBWMMERCANTILE BK CORP | 50,971 | $3M | 2.0% | HOLD |
| 22 | FITBFIFTH THIRD BANCORP | 55,000 | $3M | 2.0% | NEW |
| 23 | BUSEFIRST BUSEY CORP | 99,797 | $3M | 1.9% | NEW |
| 24 | BHBBAR HBR BANKSHARES | 77,623 | $3M | 1.9% | HOLD |
| 25 | SMBKSMARTFINANCIAL INC | 64,042 | $3M | 1.9% | TRIM −13% |
| 26 | UMBFUMB FINL CORP | 22,002 | $2M | 1.9% | ADD 201% |
| 27 | SFBSSERVISFIRST BANCSHARES INC | 34,000 | $2M | 1.9% | NEW |
| 28 | FCCOFIRST CMNTY CORP S C | 83,624 | $2M | 1.9% | TRIM −16% |
| 29 | PEBOPEOPLES BANCORP INC | 74,167 | $2M | 1.9% | ADD 4% |
| 30 | NRIMNORTHRIM BANCORP INC | 102,268 | $2M | 1.8% | HOLD |
| 31 | ATLOAMES NATL CORP | 80,480 | $2M | 1.7% | TRIM −25% |
| 32 | JMSBJOHN MARSHALL BANCORP INC | 105,339 | $2M | 1.6% | HOLD |
| 33 | SFNCSIMMONS FIRST NATL CORP | 109,369 | $2M | 1.6% | NEW |
| 34 | SBCFSEACOAST BKG CORP FLA | 68,477 | $2M | 1.6% | ADD 4% |
| 35 | SFSTSOUTHERN FIRST BANCSHARES | 37,803 | $2M | 1.6% | NEW |
| 36 | USCBUSCB FINANCIAL HOLDINGS INC | 110,599 | $2M | 1.6% | HOLD |
| 37 | WTFCWINTRUST FINL CORP | 14,392 | $2M | 1.5% | TRIM −41% |
| 38 | CCNECNB FINL CORP PA | 66,458 | $2M | 1.5% | HOLD |
| 39 | WNEBWESTERN NEW ENG BANCORP INC | 145,962 | $2M | 1.5% | HOLD |
| 40 | COSOCOASTALSOUTH BANCSHARES INC | 75,740 | $2M | 1.4% | HOLD |
| 41 | CBNKCAPITAL BANCORP INC MD | 60,224 | $2M | 1.4% | HOLD |
| 42 | AVBHAVIDBANK HLDGS INC | 61,551 | $2M | 1.4% | ADD 208% |
| 43 | HTBHOMETRUST BANCSHARES INC | 40,760 | $2M | 1.3% | TRIM −31% |
| 44 | FSEAFIRST SEACOAST BANCORP INC | 138,076 | $2M | 1.3% | ADD 10% |
| 45 | CIVBCIVISTA BANCSHARES INC | 60,891 | $1M | 1.1% | HOLD |
| 46 | FLGFLAGSTAR BANK NATIONAL ASSOC | 58,700 | $773,079 | 0.6% | NEW |
| Security | 2024-Q4 | 2025-Q1 | 2025-Q2 | 2025-Q3 | 2025-Q4 | 2026-Q1 | Latest value |
|---|---|---|---|---|---|---|---|
| QCRHQCR HOLDINGS INC | 116K | 114K | 83K | 85K | 85K | 85K | $7M |
| OBKORIGIN BANCORP INC | — | — | — | 56K | 126K | 128K | $5M |
| HBNCHORIZON BANCORP INC | — | — | — | 77K | 257K | 285K | $5M |
| BCALCALIFORNIA BANCORP | — | — | — | — | 143K | 255K | $5M |
| VLYVALLEY NATL BANCORP | 374K | 448K | 374K | 392K | 359K | 361K | $4M |
| CFGCITIZENS FINL GROUP INC | 80K | 55K | 78K | 78K | 78K | 73K | $4M |
| IBOCINTERNATIONAL BANCSHARES COR | — | — | — | 51K | 62K | 62K | $4M |
| EWBCEAST WEST BANCORP INC | 42K | 25K | 34K | 34K | 34K | 37K | $4M |
| ZIONZIONS BANCORPORATION N A | — | 45K | 58K | 59K | 59K | 63K | $4M |
| ONBOLD NATL BANCORP IND | 176K | 207K | 143K | 149K | 149K | 156K | $3M |
| BRBSBLUE RIDGE BANKSHARES INC VA | 803K | 1.2M | 803K | 803K | 803K | 803K | $3M |
| OSBCOLD SECOND BANCORP INC ILL | 141K | 190K | 151K | 159K | 159K | 166K | $3M |
| FRAFFRANKLIN FINL SVCS CORP | — | — | — | — | — | 64K | $3M |
| DCOMDIME CMNTY BANCSHARES INC | 94K | 117K | 94K | 101K | 91K | 91K | $3M |
| FFBCFIRST FINL BANCORP OH | — | — | — | — | — | 108K | $3M |
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.
