Q3 2025 Holdings
Filed 2025-11-13 | 40 holdings | $530.5M | 13F-HR | View on SEC ↗ · Holdings Table ↗
Sign in to see sub-manager breakdown
| Issuer | Class | CUSIP | Value ↓ | Shares | % Portfolio |
|---|---|---|---|---|---|
| Western Alliance Bancorp(WAL) | COM | 957638109 | $35.2M | 406,333 | 6.6% |
| Webster Finl Corp(WBS) | COM | 947890109 | $35.1M | 590,488 | 6.6% |
| Columbia BKG SYS Inc(COLB) | COM | 197236102 | $28.6M | 1,112,332 | 5.4% |
| UMB Finl Corp(UMBF) | COM | 902788108 | $27.2M | 230,089 | 5.1% |
| Southstate BK Corp(SSB) | COM | 84472E102 | $24.4M | 246,900 | 4.6% |
| Atlantic UN Bankshares Corp(AUB) | COM | 04911A107 | $24.2M | 684,357 | 4.6% |
| East West Bancorp Inc(EWBC) | COM | 27579R104 | $22.3M | 209,224 | 4.2% |
| Axos Financial Inc(AX) | COM | 05465C100 | $20.1M | 236,959 | 3.8% |
| Citizens Finl Group Inc(CFG) | COM | 174610105 | $20.0M | 376,080 | 3.8% |
| Hancock Whitney Corporation(HWC) | COM | 410120109 | $19.6M | 312,396 | 3.7% |
| Wintrust Finl Corp(WTFC) | COM | 97650W108 | $17.8M | 134,383 | 3.4% |
| Connectone Bancorp Inc(CNOB) | COM | 20786W107 | $17.4M | 700,739 | 3.3% |
| Hanmi Finl Corp(HAFC) | COM NEW | 410495204 | $15.7M | 634,676 | 3.0% |
| Renasant Corp(RNST) | COM | 75970E107 | $15.2M | 412,632 | 2.9% |
| Old Second Bancorp Inc ILL(OSBC) | COM | 680277100 | $13.4M | 778,028 | 2.5% |
| First Ctzns Bancshares Inc D(FCNCA) | CL A | 31946M103 | $13.4M | 7,513 | 2.5% |
| F N B Corp(FNB) | COM | 302520101 | $13.3M | 827,491 | 2.5% |
| Regions Financial Corp New(RF) | COM | 7591EP100 | $12.4M | 469,382 | 2.3% |
| Comerica Inc(CMA) | COM | 200340107 | $11.9M | 174,388 | 2.3% |
| Banner Corp(BANR) | COM NEW | 06652V208 | $11.8M | 179,456 | 2.2% |
| CNB Finl Corp PA(CCNE) | COM | 126128107 | $11.2M | 461,373 | 2.1% |
| Old Natl Bancorp IND(ONB) | COM | 680033107 | $11.1M | 507,634 | 2.1% |
| Preferred BK LOS Angeles CA(PFBC) | COM NEW | 740367404 | $10.7M | 118,221 | 2.0% |
| First Busey Corp(BUSE) | COM NEW | 319383204 | $9.6M | 415,000 | 1.8% |
| Prosperity Bancshares Inc(PB) | COM | 743606105 | $7.9M | 118,958 | 1.5% |
| Dime Cmnty Bancshares Inc(DCOM) | COM | 25432X102 | $7.8M | 260,243 | 1.5% |
| Mechanics Bancorp(MCHB) | CL A | 43785V102 | $7.7M | 581,735 | 1.5% |
| Bank America Corp(BAC) | COM | 060505104 | $7.7M | 148,637 | 1.4% |
| Coastal Finl Corp WA(CCB) | COM NEW | 19046P209 | $7.1M | 65,971 | 1.3% |
| First Bancorp P R(FBP) | COM NEW | 318672706 | $6.9M | 311,810 | 1.3% |
| FB Finl Corp(FBK) | COM | 30257X104 | $6.0M | 107,716 | 1.1% |
| Horizon Bancorp Inc(HBNC) | COM | 440407104 | $6.0M | 375,000 | 1.1% |
| Simmons 1ST Natl Corp(SFNC) | CL A $1 PAR | 828730200 | $5.8M | 300,000 | 1.1% |
| Valley Natl Bancorp(VLY) | COM | 919794107 | $5.6M | 530,066 | 1.1% |
| Smartfinancial Inc(SMBK) | COM NEW | 83190L208 | $5.3M | 148,034 | 1.0% |
| Veritex Hldgs Inc(VBTX) | COM | 923451108 | $4.5M | 135,136 | 0.9% |
| Midwestone Finl Group Inc NE(MOFG) | COM | 598511103 | $4.4M | 155,600 | 0.8% |
| OP Bancorp(OPBK) | COM | 67109R109 | $2.9M | 205,717 | 0.5% |
| Civista Bancshares Inc(CIVB) | COM NO PAR | 178867107 | $2.2M | 110,000 | 0.4% |
| FB Bancorp Inc(FBLA) | COM | 31425A109 | $1.1M | 91,562 | 0.2% |