Petiole USA ltd
CIK 0001600202
Annualised vol
3.88989%
Beta
0.041338
HHI
428.49922
Top-10 weight
54.921806%
VaR 95%
0.255592%
VaR 99%
0.794766%
Max drawdown
7.312847%
Matched value
53.020844%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| CBK | UNCHANGED | 291,014 | 291,014 | 0.0% | 9,396,842 |
| CBAN | REDUCED | 448,563 | 454,763 | -1.36% | 9,011,631 |
| RNST | REDUCED | 194,245 | 195,345 | -0.56% | 8,263,183 |
| BANC | ADDED | 397,168 | 397,167 | 0.0% | 8,114,132 |
| MPB | REDUCED | 192,411 | 194,511 | -1.08% | 6,703,599 |
| HWC | UNCHANGED | 86,218 | 86,218 | 0.0% | 6,442,210 |
| CARE | REDUCED | 179,222 | 381,373 | -53.01% | 6,095,340 |
| FRME | UNCHANGED | 94,047 | 94,047 | 0.0% | 4,108,913 |
| FRST | UNCHANGED | 230,222 | 230,222 | 0.0% | 3,768,735 |
| SHBI | UNCHANGED | 147,487 | 147,487 | 0.0% | 3,384,827 |
| EQBK | UNCHANGED | 57,364 | 57,364 | 0.0% | 2,810,262 |
| FNWB | REDUCED | 254,197 | 257,897 | -1.43% | 2,747,870 |
| EWBC | REDUCED | 12,600 | 18,600 | -32.26% | 1,626,534 |
| BANR | REDUCED | 19,615 | 31,085 | -36.9% | 1,303,221 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| CBK | UNCHANGED | COMMERCIAL BANCGROUP INC | COM | 20112C106 | 9,396,842 | 6.75 | 291014.0 |
| - | FIRST NATL CORP VA | COM | 32106V107 | 9,166,307 | 6.59 | 305340.0 | |
| CBAN | REDUCED | COLONY BANKCORP INC | COM | 19623P101 | 9,011,631 | 6.48 | 448563.0 |
| RNST | REDUCED | RENASANT CORP | COM | 75970E107 | 8,263,183 | 5.94 | 194245.0 |
| BANC | ADDED | BANC OF CALIFORNIA INC | COM | 05990K106 | 8,114,132 | 5.83 | 397168.0 |
| - | ORRSTOWN FINL SVCS INC | COM | 687380105 | 6,849,886 | 4.92 | 167766.0 | |
| MPB | REDUCED | MID PENN BANCORP INC | COM | 59540G107 | 6,703,599 | 4.82 | 192411.0 |
| HWC | UNCHANGED | HANCOCK WHITNEY CORPORATION | COM | 410120109 | 6,442,210 | 4.63 | 86218.0 |
| - | CNB FINL CORP PA | COM | 126128107 | 6,379,314 | 4.58 | 189241.0 | |
| CARE | REDUCED | CARTER BANKSHARES INC | COM NEW | 146103106 | 6,095,340 | 4.38 | 179222.0 |
| - | UMB FINL CORP | COM | 902788108 | 6,084,717 | 4.37 | 42622.0 | |
| - | WESTERN ALLIANCE BANCORP | COM | 957638109 | 5,411,884 | 3.89 | 65838.0 | |
| - | FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | 5,025,108 | 3.61 | 2415.0 | |
| - | WINTRUST FINL CORP | COM | 97650W108 | 4,781,420 | 3.44 | 29750.0 | |
| FRME | UNCHANGED | FIRST MERCHANTS CORP | COM | 320817109 | 4,108,913 | 2.95 | 94047.0 |
| - | CALIFORNIA BANCORP | COM | 84252A106 | 3,955,515 | 2.84 | 189804.0 | |
| FRST | UNCHANGED | PRIMIS FINANCIAL CORP | COM | 74167B109 | 3,768,735 | 2.71 | 230222.0 |
| SHBI | UNCHANGED | SHORE BANCSHARES INC | COM | 825107105 | 3,384,827 | 2.43 | 147487.0 |
| EQBK | UNCHANGED | EQUITY BANCSHARES INC | COM CL A | 29460X109 | 2,810,262 | 2.02 | 57364.0 |
| FNWB | REDUCED | FIRST NORTHWEST BANCORP | COM | 335834107 | 2,747,870 | 1.97 | 254197.0 |
| - | FIRST BK WILLIAMSTOWN NEW JE | COM | 31931U102 | 2,742,122 | 1.97 | 154660.0 | |
| - | CITIZENS FINL GROUP INC | COM | 174610105 | 2,607,795 | 1.87 | 37217.0 | |
| - | PINNACLE FINL PARTNERS INC | COM | 72348N109 | 2,592,011 | 1.86 | 25694.0 | |
| - | HANMI FINL CORP | COM NEW | 410495204 | 2,217,812 | 1.59 | 68451.0 | |
| - | F N B CORP | COM | 302520101 | 1,893,690 | 1.36 | 99250.0 | |
| - | HUNTINGTON BANCSHARES INC | COM | 446150104 | 1,880,089 | 1.35 | 106040.0 | |
| - | COLUMBIA BKG SYS INC | COM | 197236102 | 1,658,652 | 1.19 | 51752.0 | |
| EWBC | REDUCED | EAST WEST BANCORP INC | COM | 27579R104 | 1,626,534 | 1.17 | 12600.0 |
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 1,456,043 | 1.05 | 14575.0 | |
| BANR | REDUCED | BANNER CORP | COM NEW | 06652V208 | 1,303,221 | 0.94 | 19615.0 |
| - | SB FINL GROUP INC | COM | 78408D105 | 668,063 | 0.48 | 26437.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-13 | 139,147,727 | 31 | 3.88989 | 0.041338 | 7.312847 |
| 2026-03-31 | 2026-05-14 | 143,009,673 | 32 | 3.528482 | 0.039581 | 7.102717 |
| 2025-12-31 | 2026-02-20 | 154,265,405 | 33 | 3.053212 | 0.024015 | 6.236893 |
| 2025-09-30 | 2025-11-13 | 144,772,588 | 36 | 3.03276 | 0.023763 | 6.26973 |
| 2025-03-31 | 2025-05-14 | 141,546,521 | 38 | 2.283103 | 0.01577 | 5.37595 |
| 2024-12-31 | 2025-02-13 | 158,895,441 | 39 | 2.182846 | 0.014926 | 5.221458 |