CIK 1732093
Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2019-Q3. 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 |
|---|---|---|
| Unclassified | 36.03% | 20 |
| Insurance | 20.97% | 12 |
| Banks | 16.62% | 20 |
| Real Estate Management & Development | 8.03% | 4 |
| Commercial Services & Supplies | 7.43% | 7 |
| Software & IT Services | 3.15% | 1 |
| Capital Markets | 2.75% | 2 |
| Equity Real Estate Investment Trusts (REITs) | 2.01% | 1 |
| Technology Hardware & Equipment | 1.37% | 1 |
| Hotels, Restaurants & Leisure | 0.97% | 1 |
| Software | 0.68% | 1 |
| # | Ticker | Name | Sector | Weight |
|---|---|---|---|---|
| 1 | TCF FINANCIAL CORP | Unclassified | 4.92% | |
| 2 | SYNOVUS FINL CORP | Unclassified | 4.62% | |
| 3 | CWK | Cushman & Wakefield Ltd. | Real Estate | 4.28% |
| 4 | ISTAR INC | Unclassified | 3.90% | |
| 5 | ATHENE HLDG LTD | Unclassified | 3.36% | |
| 6 | ACGL | ARCH CAPITAL GROUP LTD. | Financials | 3.25% |
| 7 | DXC | DXC Technology Co | Information Technology | 3.15% |
| 8 | FSK | FS KKR Capital Corp. | Unclassified | 2.97% |
| 9 | WAL | WESTERN ALLIANCE BANCORPORATION | Financials | 2.90% |
| 10 | SVB FINANCIAL GROUP | Unclassified | 2.76% |
50/70 names classified · sector 64.0% of weight · industry 64.0% · mkt cap 61.2%; 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: 64.0% of the book is sector-classified (unclassified names shown, never dropped).
Classified: 60.4% of book weight (44/53 names) · unclassified 39.6%: , FSK, ARES, MC, RPAY, LSAK, GDOT, BCIC, QNST. 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 | TCF FINANCIAL CORP | 401,722 | $19M | 4.9% | ADD 7% |
| 2 | SYNOVUS FINL CORP | 450,000 | $18M | 4.6% | ADD 20% |
| 3 | CWKCUSHMAN WAKEFIELD PLC | 800,000 | $16M | 4.3% | ADD 45% |
| 4 | ISTAR INC | 1,025,300 | $15M | 3.9% | TRIM −2% |
| 5 | ATHENE HLDG LTD | 273,233 | $13M | 3.4% | HOLD |
| 6 | ACGLARCH CAP GROUP LTD | 289,788 | $12M | 3.3% | ADD 78% |
| 7 | DXCDXC TECHNOLOGY CO | 320,000 | $12M | 3.1% | HOLD |
| 8 | FSKFS KKR Capital Corp. | 1,850,000 | $11M | 3.0% | HOLD |
| 9 | WALWESTERN ALLIANCE BANCORP | 194,188 | $11M | 2.9% | ADD 8% |
| 10 | SVB FINANCIAL GROUP | 42,000 | $11M | 2.8% | TRIM −6% |
| 11 | MKLMARKEL GROUP INC | 8,967 | $10M | 2.7% | ADD 15% |
| 12 | WRBBERKLEY W R CORP | 141,400 | $10M | 2.6% | ADD 102% |
| 13 | BFHBREAD FINANCIAL HOLDINGS INC | 85,000 | $10M | 2.5% | ADD 31% |
| 14 | APOLLO GLOBAL MANAGEMENT LLC | 190,064 | $9M | 2.4% | NEW |
| 15 | ENSTAR GROUP LIMITED | 43,423 | $9M | 2.4% | TRIM −26% |
| 16 | WTFCWINTRUST FINL CORP | 125,000 | $9M | 2.3% | HOLD |
| 17 | FISFIDELITY NATL INFORMATION SV | 60,000 | $8M | 2.2% | ADD 62% |
| 18 | FISVFISERV INC | 70,000 | $8M | 2.1% | ADD 40% |
| 19 | COREPOINT LODGING INC | 753,827 | $8M | 2.1% | ADD 12% |
| 20 | EWBCEAST WEST BANCORP INC | 161,601 | $8M | 2.1% | TRIM −8% |
| 21 | REALPAGE INC | 145,000 | $8M | 2.0% | ADD 16% |
| 22 | ARESARES MANAGEMENT CORPORATION | 215,514 | $8M | 2.0% | ADD 29% |
| 23 | ORIOld Republic Nat'l. Corp. | 342,839 | $8M | 2.0% | ADD 7% |
| 24 | VICIVICI PPTYS INC | 300,000 | $8M | 2.0% | ADD 20% |
| 25 | AIGAMERICAN INTL GROUP INC | 138,712 | $7M | 1.9% | NEW |
| 26 | WTWWILLIS TOWERS WATSON PLC LTD | 35,000 | $7M | 1.9% | HOLD |
| 27 | AIZASSURANT INC | 52,100 | $7M | 1.8% | ADD 30% |
| 28 | AXA EQUITABLE HLDGS INC | 270,000 | $7M | 1.8% | NEW |
| 29 | Cadence Bank | 350,569 | $6M | 1.7% | TRIM −12% |
| 30 | RMAXRE MAX HLDGS INC | 165,000 | $6M | 1.7% | TRIM −37% |
| 31 | AFGAMERICAN FINL GROUP INC OHIO | 55,500 | $6M | 1.6% | NEW |
| 32 | CNOBCONNECTONE BANCORP INC | 234,187 | $6M | 1.6% | HOLD |
| 33 | PYPLPAYPAL HLDGS INC | 55,000 | $6M | 1.6% | NEW |
| 34 | IIPRINNOVATIVE INDL PPTYS INC | 76,610 | $6M | 1.5% | ADD 18% |
| 35 | VYXNCR VOYIX CORPORATION | 148,600 | $5M | 1.4% | TRIM −43% |
| 36 | ZIONZIONS BANCORPORATION N A | 100,000 | $5M | 1.4% | HOLD |
| 37 | MCYMERCURY GENL CORP NEW | 105,234 | $5M | 1.3% | NEW |
| 38 | SIGISELECTIVE INS GROUP INC | 68,000 | $4M | 1.2% | HOLD |
| 39 | CNNECANNAE HLDGS INC | 100,000 | $4M | 1.0% | NEW |
| 40 | GPNGLOBAL PMTS INC | 20,000 | $4M | 1.0% | NEW |
| 41 | BKUBANKUNITED INC | 90,000 | $3M | 0.9% | HOLD |
| 42 | MCMOELIS & CO | 88,500 | $3M | 0.7% | TRIM −59% |
| 43 | EBMTEAGLE BANCORP MONT INC | 140,313 | $3M | 0.7% | HOLD |
| 44 | IIIVI3 VERTICALS INC | 91,877 | $3M | 0.7% | TRIM −50% |
| 45 | MMIMARCUS & MILLICHAP INC | 57,800 | $2M | 0.6% | TRIM −38% |
| 46 | AJGGALLAGHER ARTHUR J & CO | 17,915 | $2M | 0.4% | HOLD |
| 47 | BCMLBAYCOM CORP | 81,824 | $2M | 0.4% | HOLD |
| 48 | CZWICITIZENS CMNTY BANCORP INC M | 150,000 | $2M | 0.4% | ADD 15% |
| 49 | BROBROWN & BROWN INC | 40,000 | $2M | 0.4% | HOLD |
| 50 | RPAYREPAY HLDGS CORP | 100,000 | $1M | 0.4% | TRIM −83% |
| 51 | HEALTH INS INNOVATIONS INC | 59,673 | $1M | 0.3% | TRIM −58% |
| 52 | FXNCFIRST NATL CORP | 59,040 | $1M | 0.3% | HOLD |
| 53 | MPBMID PENN BANCORP INC | 37,363 | $959,000 | 0.3% | TRIM −2% |
| 54 | MACKINAC FINL CORP | 55,575 | $864,000 | 0.2% | TRIM −17% |
| 55 | LSAKLESAKA TECHNOLOGIES INC | 260,000 | $862,000 | 0.2% | ADD 33% |
| 56 | RIVERVIEW FINL CORP NEW | 73,729 | $820,000 | 0.2% | HOLD |
| 57 | PACIFIC MERCANTILE BANCORP | 112,228 | $812,000 | 0.2% | HOLD |
| 58 | GDOTGREEN DOT CORP | 33,163 | $773,000 | 0.2% | TRIM −89% |
| 59 | MNSBMAINSTREET BANCSHARES INC | 32,821 | $755,000 | 0.2% | TRIM −11% |
| 60 | PRTHPRIORITY TECHNOLOGY HLDGS IN | 300,000 | $655,000 | 0.2% | ADD 39% |
| 61 | PEBKPEOPLES BANCORP N C INC | 15,669 | $459,000 | 0.1% | HOLD |
| 62 | SALISBURY BANCORP INC | 10,000 | $407,000 | 0.1% | HOLD |
| 63 | BCICBCP INVESTMENT CORPORATION COM NEW | 204,508 | $386,000 | 0.1% | NEW |
| 64 | CBFVCB FINL SVCS INC | 10,000 | $269,000 | 0.1% | HOLD |
| 65 | MGYRMAGYAR BANCORP INC COM | 21,916 | $240,000 | 0.1% | ADD 10% |
| 66 | QNSTQUINSTREET INC | 13,391 | $205,000 | 0.1% | NEW |
| 67 | SBFGSB FINL GROUP INC | 7,168 | $126,000 | 0.0% | NEW |
| 68 | OLD PT FINANCIAL CORPORATION | 4,856 | $119,000 | 0.0% | HOLD |
| 69 | INBKFIRST INTERNET BANCORP | 3,896 | $82,000 | 0.0% | HOLD |
| 70 | MEDLEY MGMT INC | 9,066 | $24,000 | 0.0% | HOLD |
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