MALTESE CAPITAL MANAGEMENT LLC
CIK 0001040762
Annualised vol
3.625292%
Beta
0.088629
HHI
59.810739
Top-10 weight
12.496336%
VaR 95%
0.305034%
VaR 99%
0.657325%
Max drawdown
5.081749%
Matched value
40.485989%
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 ($) |
|---|---|---|---|---|---|
| FRST | REDUCED | 897,100 | 945,000 | -5.07% | 14,685,527 |
| EQBK | REDUCED | 282,502 | 285,932 | -1.2% | 13,839,773 |
| C | REDUCED | 78,700 | 113,806 | -30.85% | 11,014,851 |
| AMTB | REDUCED | 420,000 | 492,500 | -14.72% | 10,718,400 |
| NIC | ADDED | 60,000 | 58,648 | 2.31% | 9,923,401 |
| NPB | REDUCED | 497,600 | 572,175 | -13.03% | 9,543,968 |
| CBC | REDUCED | 292,400 | 377,583 | -22.56% | 8,883,112 |
| BUSE | ADDED | 260,000 | 237,500 | 9.47% | 7,670,001 |
| SFST | ADDED | 122,000 | 35,026 | 248.31% | 7,454,200 |
| JPM | ADDED | 22,500 | 18,307 | 22.9% | 7,364,925 |
| BBT | REDUCED | 234,900 | 260,000 | -9.65% | 7,152,706 |
| PCB | ADDED | 207,050 | 150,000 | 38.03% | 5,874,008 |
| ABCB | REDUCED | 65,000 | 110,000 | -40.91% | 5,866,900 |
| EWBC | REDUCED | 45,000 | 74,563 | -39.65% | 5,809,050 |
| KEY | ADDED | 241,800 | 179,869 | 34.43% | 5,573,490 |
| FMBH | ADDED | 105,700 | 102,500 | 3.12% | 5,083,113 |
| MSBI | ADDED | 161,100 | 87,500 | 84.11% | 5,016,654 |
| BY | REDUCED | 130,000 | 220,615 | -41.07% | 4,895,800 |
| ISTR | ADDED | 160,900 | 157,000 | 2.48% | 4,820,564 |
| FITB | ADDED | 85,000 | 75,235 | 12.98% | 4,791,450 |
| MGYR | ADDED | 257,078 | 236,753 | 8.58% | 4,486,011 |
| FSBC | REDUCED | 90,000 | 122,682 | -26.64% | 4,382,099 |
| FHN | ADDED | 160,782 | 158,344 | 1.54% | 4,122,450 |
| OPBK | ADDED | 273,967 | 268,867 | 1.9% | 4,106,766 |
| CBK | REDUCED | 125,000 | 137,000 | -8.76% | 4,036,250 |
| WSBC | REDUCED | 100,000 | 237,908 | -57.97% | 3,903,000 |
| FISI | REDUCED | 100,000 | 116,963 | -14.5% | 3,897,000 |
| ACNB | REDUCED | 65,000 | 85,600 | -24.07% | 3,859,700 |
| CARE | REDUCED | 105,000 | 328,888 | -68.07% | 3,571,050 |
| BWB | ADDED | 169,195 | 167,006 | 1.31% | 3,559,863 |
| WABC | REDUCED | 47,500 | 59,540 | -20.22% | 2,786,824 |
| FHI | NEW | 50,400 | - | - | 2,783,089 |
| MCHB | REDUCED | 175,000 | 532,690 | -67.15% | 2,782,501 |
| HOPE | ADDED | 202,900 | 167,500 | 21.13% | 2,775,672 |
| USCB | REDUCED | 130,000 | 134,197 | -3.13% | 2,659,800 |
| WT | NEW | 150,000 | - | - | 2,541,000 |
| RNST | REDUCED | 57,700 | 75,000 | -23.07% | 2,454,558 |
| BCBP | NEW | 224,702 | - | - | 2,408,806 |
| PTACU | NEW | 200,000 | - | - | 1,998,000 |
| VOYA | NEW | 20,000 | - | - | 1,810,600 |
| BKU | REDUCED | 26,200 | 30,000 | -12.67% | 1,269,390 |
| IVZ | ADDED | 37,500 | 20,000 | 87.5% | 989,626 |
| HOMB | REDUCED | 32,500 | 45,500 | -28.57% | 927,875 |
| CCBG | CLOSED OUT | 0 | 46,809 | -100.0% | 0 |
| SCHW | CLOSED OUT | 0 | 45,200 | -100.0% | 0 |
| WRIV | CLOSED OUT | 0 | 21,179 | -100.0% | 0 |
| AVBC | CLOSED OUT | 0 | 13,500 | -100.0% | 0 |
| LCNB | CLOSED OUT | 0 | 7,487 | -100.0% | 0 |
| TROW | CLOSED OUT | 0 | 5,000 | -100.0% | 0 |
| AMG | CLOSED OUT | 0 | 4,900 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 8,246,645 | 1.5 | 82549.0 | |
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 8,196,296 | 1.49 | 82045.0 | |
| - | US BANCORP | COM NEW | 902973304 | 7,100,745 | 1.29 | 117562.0 | |
| - | US BANCORP | COM NEW | 902973304 | 7,060,639 | 1.29 | 116898.0 | |
| - | FIRSTSUN CAP BANCORP | COM | 33767U107 | 6,799,026 | 1.24 | 175323.0 | |
| - | FIRSTSUN CAP BANCORP | COM | 33767U107 | 6,553,510 | 1.19 | 168992.0 | |
| FRST | REDUCED | PRIMIS FINANCIAL CORP | COM | 74167B109 | 6,271,527 | 1.14 | 383111.0 |
| FRST | REDUCED | PRIMIS FINANCIAL CORP | COM | 74167B109 | 6,186,829 | 1.13 | 377937.0 |
| - | CNB FINL CORP PA | COM | 126128107 | 6,091,397 | 1.11 | 180700.0 | |
| - | NATIONAL BK HLDGS CORP | CL A | 633707104 | 6,045,101 | 1.1 | 136059.0 | |
| - | HORIZON BANCORP IND | COM | 440407104 | 6,016,058 | 1.1 | 301104.0 | |
| - | NATIONAL BK HLDGS CORP | CL A | 633707104 | 6,008,091 | 1.1 | 135226.0 | |
| - | HORIZON BANCORP IND | COM | 440407104 | 5,923,151 | 1.08 | 296454.0 | |
| - | CNB FINL CORP PA | COM | 126128107 | 5,863,113 | 1.07 | 173928.0 | |
| EQBK | REDUCED | EQUITY BANCSHARES INC | COM CL A | 29460X109 | 5,800,171 | 1.06 | 118395.0 |
| EQBK | REDUCED | EQUITY BANCSHARES INC | COM CL A | 29460X109 | 5,781,310 | 1.05 | 118010.0 |
| - | BANK OF AMER CORP | COM | 060505104 | 5,460,963 | 1.0 | 95840.0 | |
| - | BANK OF AMER CORP | COM | 060505104 | 5,411,562 | 0.99 | 94973.0 | |
| - | COLUMBIA BKG SYS INC | COM | 197236102 | 5,268,026 | 0.96 | 164369.0 | |
| - | COLUMBIA BKG SYS INC | COM | 197236102 | 5,246,649 | 0.96 | 163702.0 | |
| - | Investar Holding Corporation 6.5 Ser A Conv Pfd | NON 13F SECURITY | 46134L303 | 4,944,808 | 0.9 | 165047.0 | |
| C | REDUCED | CITIGROUP INC | COM NEW | 172967424 | 4,694,818 | 0.86 | 33544.0 |
| C | REDUCED | CITIGROUP INC | COM NEW | 172967424 | 4,635,055 | 0.84 | 33117.0 |
| AMTB | REDUCED | AMERANT BANCORP INC | CL A | 023576101 | 4,574,766 | 0.83 | 179262.0 |
| AMTB | REDUCED | AMERANT BANCORP INC | CL A | 023576101 | 4,503,744 | 0.82 | 176479.0 |
| - | M & T BK CORP | COM | 55261F104 | 4,494,343 | 0.82 | 18883.0 | |
| - | M & T BK CORP | COM | 55261F104 | 4,416,752 | 0.81 | 18557.0 | |
| NIC | ADDED | NICOLET BANKSHARES INC | COM | 65406E102 | 4,225,715 | 0.77 | 25550.0 |
| NIC | ADDED | NICOLET BANKSHARES INC | COM | 65406E102 | 4,198,591 | 0.77 | 25386.0 |
| NPB | REDUCED | NORTHPOINTE BANCSHARES INC. | COM SHS | 66661N886 | 4,069,823 | 0.74 | 212191.0 |
| - | INTERNATIONAL BANCSHARES COR | COM | 459044103 | 4,055,350 | 0.74 | 53395.0 | |
| NPB | REDUCED | NORTHPOINTE BANCSHARES INC. | COM SHS | 66661N886 | 4,031,214 | 0.73 | 210178.0 |
| - | INTERNATIONAL BANCSHARES COR | COM | 459044103 | 4,020,641 | 0.73 | 52938.0 | |
| CBC | REDUCED | CENTRAL BANCOMPANY | COM CL A | 152413100 | 3,802,087 | 0.69 | 125151.0 |
| - | CITIZENS FINL GROUP INC | COM | 174610105 | 3,752,319 | 0.68 | 53551.0 | |
| - | CITIZENS FINL GROUP INC | COM | 174610105 | 3,751,548 | 0.68 | 53540.0 | |
| CBC | REDUCED | CENTRAL BANCOMPANY | COM CL A | 152413100 | 3,741,540 | 0.68 | 123158.0 |
| - | UNITY BANCORP INC | COM | 913290102 | 3,623,873 | 0.66 | 61746.0 | |
| - | FIRST CMNTY CORP S C | COM | 319835104 | 3,575,878 | 0.65 | 109421.0 | |
| - | UNITY BANCORP INC | COM | 913290102 | 3,526,447 | 0.64 | 60086.0 | |
| ISTR | ADDED | INVESTAR HOLDING CORP | COM | 46134L105 | 3,502,624 | 0.64 | 116910.0 |
| - | 1ST FINL BANCORP | COM | 320209109 | 3,485,370 | 0.64 | 103026.0 | |
| - | 1ST FINL BANCORP | COM | 320209109 | 3,443,691 | 0.63 | 101794.0 | |
| SFST | ADDED | SOUTHERN FIRST BANCSHARES | COM | 842873101 | 3,410,663 | 0.62 | 55821.0 |
| - | PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 | 3,395,007 | 0.62 | 31950.0 | |
| - | PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 | 3,394,263 | 0.62 | 31943.0 | |
| - | HUNTINGTON BANCSHARES INC | COM | 446150104 | 3,360,065 | 0.61 | 189513.0 | |
| - | CHIME FINL INC | COM SHS CL A | 16935C109 | 3,353,518 | 0.61 | 163746.0 | |
| - | HUNTINGTON BANCSHARES INC | COM | 446150104 | 3,327,956 | 0.61 | 187702.0 | |
| - | FIRST CMNTY CORP S C | COM | 319835104 | 3,276,039 | 0.6 | 100246.0 | |
| BUSE | ADDED | FIRST BUSEY CORP | COM NEW | 319383204 | 3,202,815 | 0.58 | 108570.0 |
| JPM | ADDED | JPMORGAN CHASE & CO | COM | 46625H100 | 3,194,741 | 0.58 | 9760.0 |
| - | CHIME FINL INC | COM SHS CL A | 16935C109 | 3,189,043 | 0.58 | 155715.0 | |
| BUSE | ADDED | FIRST BUSEY CORP | COM NEW | 319383204 | 3,185,735 | 0.58 | 107991.0 |
| - | QCR HLDGS INC | COM | 74727A104 | 3,128,732 | 0.57 | 32139.0 | |
| - | QCR HLDGS INC | COM | 74727A104 | 3,124,643 | 0.57 | 32097.0 | |
| BBT | REDUCED | BEACON FINANCIAL CORP. | COM | 084680107 | 3,045,944 | 0.56 | 100031.0 |
| - | SOUTHSTATE BK CORP | COM | 84472E102 | 3,037,559 | 0.55 | 30406.0 | |
| JPM | ADDED | JPMORGAN CHASE & CO | COM | 46625H100 | 3,029,112 | 0.55 | 9254.0 |
| - | INDEPENDENT BK CORP MASS | COM | 453836108 | 3,023,799 | 0.55 | 36118.0 | |
| - | INDEPENDENT BK CORP MASS | COM | 453836108 | 3,006,385 | 0.55 | 35910.0 | |
| BBT | REDUCED | BEACON FINANCIAL CORP. | COM | 084680107 | 2,894,882 | 0.53 | 95070.0 |
| SFST | ADDED | SOUTHERN FIRST BANCSHARES | COM | 842873101 | 2,878,238 | 0.52 | 47107.0 |
| - | 1895 Bancorp Of Wisconsin, Inc. | NON 13F SECURITY | 28253R105 | 2,729,123 | 0.5 | 154537.0 | |
| MGYR | ADDED | MAGYAR BANCORP INC | COM | 55977T208 | 2,589,755 | 0.47 | 148410.0 |
| PCB | ADDED | PCB BANCORP | COM | 69320M109 | 2,547,399 | 0.46 | 89792.0 |
| ABCB | REDUCED | AMERIS BANCORP | COM | 03076K108 | 2,533,327 | 0.46 | 28067.0 |
| - | US BANCORP | COM NEW | 902973304 | 2,527,136 | 0.46 | 41840.0 | |
| EWBC | REDUCED | EAST WEST BANCORP INC | COM | 27579R104 | 2,480,593 | 0.45 | 19216.0 |
| ABCB | REDUCED | AMERIS BANCORP | COM | 03076K108 | 2,448,844 | 0.45 | 27131.0 |
| EWBC | REDUCED | EAST WEST BANCORP INC | COM | 27579R104 | 2,443,932 | 0.45 | 18932.0 |
| PCB | ADDED | PCB BANCORP | COM | 69320M109 | 2,442,770 | 0.45 | 86104.0 |
| - | COREBRIDGE FINL INC | COM | 21871X109 | 2,424,474 | 0.44 | 84683.0 | |
| - | FIRSTSUN CAP BANCORP | COM | 33767U107 | 2,390,050 | 0.44 | 61631.0 | |
| KEY | ADDED | KEYCORP | COM | 493267108 | 2,364,423 | 0.43 | 102578.0 |
| KEY | ADDED | KEYCORP | COM | 493267108 | 2,362,763 | 0.43 | 102506.0 |
| - | COREBRIDGE FINL INC | COM | 21871X109 | 2,323,296 | 0.42 | 81149.0 | |
| - | NATIONAL BK HLDGS CORP | CL A | 633707104 | 2,275,482 | 0.41 | 51215.0 | |
| - | CNB FINL CORP PA | COM | 126128107 | 2,274,481 | 0.41 | 67472.0 | |
| EQBK | REDUCED | EQUITY BANCSHARES INC | COM CL A | 29460X109 | 2,258,292 | 0.41 | 46097.0 |
| - | HORIZON BANCORP IND | COM | 440407104 | 2,246,591 | 0.41 | 112442.0 | |
| FRST | REDUCED | PRIMIS FINANCIAL CORP | COM | 74167B109 | 2,227,171 | 0.41 | 136052.0 |
| FMBH | ADDED | FIRST MID BANCSHARES INC | COM | 320866106 | 2,204,205 | 0.4 | 45835.0 |
| - | TOWNEBANK PORTSMOUTH VA | COM | 89214P109 | 2,191,252 | 0.4 | 60465.0 | |
| MSBI | ADDED | MIDLAND STATES BANCORP INC | COM | 597742105 | 2,172,544 | 0.4 | 69767.0 |
| - | UMB FINL CORP | COM | 902788108 | 2,150,251 | 0.39 | 15062.0 | |
| - | CAPITAL ONE FINL CORP | COM | 14040H105 | 2,099,890 | 0.38 | 10467.0 | |
| BY | REDUCED | BYLINE BANCORP INC | COM | 124411109 | 2,099,545 | 0.38 | 55750.0 |
| - | UMB FINL CORP | COM | 902788108 | 2,090,006 | 0.38 | 14640.0 | |
| FMBH | ADDED | FIRST MID BANCSHARES INC | COM | 320866106 | 2,086,866 | 0.38 | 43395.0 |
| - | TOWNEBANK PORTSMOUTH VA | COM | 89214P109 | 2,074,668 | 0.38 | 57248.0 | |
| - | CAPITAL ONE FINL CORP | COM | 14040H105 | 2,072,806 | 0.38 | 10332.0 | |
| MSBI | ADDED | MIDLAND STATES BANCORP INC | COM | 597742105 | 2,064,769 | 0.38 | 66306.0 |
| FHI | NEW | FEDERATED HERMES INC | CL B | 314211103 | 2,050,043 | 0.37 | 37125.0 |
| - | VALLEY NATL BANCORP | COM | 919794107 | 2,048,041 | 0.37 | 139798.0 | |
| - | VALLEY NATL BANCORP | COM | 919794107 | 2,046,341 | 0.37 | 139682.0 | |
| BY | REDUCED | BYLINE BANCORP INC | COM | 124411109 | 2,044,034 | 0.37 | 54276.0 |
| - | FRANKLIN RESOURCES INC | COM | 354613101 | 2,040,283 | 0.37 | 61325.0 | |
| FITB | ADDED | FIFTH THIRD BANCORP | COM | 316773100 | 2,039,072 | 0.37 | 36173.0 |
| FITB | ADDED | FIFTH THIRD BANCORP | COM | 316773100 | 2,038,283 | 0.37 | 36159.0 |
| OPBK | ADDED | OP BANCORP | COM | 67109R109 | 2,031,505 | 0.37 | 135524.0 |
| - | UNITED BANKSHARES INC WEST V | COM | 909907107 | 1,997,501 | 0.36 | 43585.0 | |
| - | JEFFERSON CAPITAL INC | COM | 47248R103 | 1,983,935 | 0.36 | 101897.0 | |
| - | INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 | 1,964,928 | 0.36 | 22575.0 | |
| - | BANK OF AMER CORP | COM | 060505104 | 1,947,975 | 0.36 | 34187.0 | |
| FSBC | REDUCED | FIVE STAR BANCORP | COM | 33830T103 | 1,906,846 | 0.35 | 39163.0 |
| - | UNITED BANKSHARES INC WEST V | COM | 909907107 | 1,895,529 | 0.35 | 41360.0 | |
| - | WILLIS LEASE FIN CORP | COM | 970646105 | 1,894,006 | 0.35 | 8278.0 | |
| - | COLUMBIA BKG SYS INC | COM | 197236102 | 1,888,674 | 0.34 | 58929.0 | |
| WT | NEW | WISDOMTREE INC | COM | 97717P104 | 1,885,574 | 0.34 | 111309.0 |
| - | INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 | 1,866,486 | 0.34 | 21444.0 | |
| - | JEFFERSON CAPITAL INC | COM | 47248R103 | 1,836,761 | 0.33 | 94338.0 | |
| FSBC | REDUCED | FIVE STAR BANCORP | COM | 33830T103 | 1,815,309 | 0.33 | 37283.0 |
| FHN | ADDED | FIRST HORIZON CORPORATION | COM | 320517105 | 1,749,443 | 0.32 | 68231.0 |
| FHN | ADDED | FIRST HORIZON CORPORATION | COM | 320517105 | 1,745,289 | 0.32 | 68069.0 |
| CBK | REDUCED | COMMERCIAL BANCGROUP INC | COM | 20112C106 | 1,744,306 | 0.32 | 54020.0 |
| FISI | REDUCED | FINANCIAL INSTITUTIONS INC | COM | 317585404 | 1,694,649 | 0.31 | 43486.0 |
| - | Equitable Financial Corp. | NON 13F SECURITY | 29448T105 | 1,692,900 | 0.31 | 94050.0 | |
| WSBC | REDUCED | WESBANCO INC | COM | 950810101 | 1,692,497 | 0.31 | 43364.0 |
| CBK | REDUCED | COMMERCIAL BANCGROUP INC | COM | 20112C106 | 1,688,896 | 0.31 | 52304.0 |
| C | REDUCED | CITIGROUP INC | COM NEW | 172967424 | 1,684,978 | 0.31 | 12039.0 |
| BWB | ADDED | BRIDGEWATER BANCSHARES INC | COM | 108621103 | 1,674,721 | 0.31 | 79597.0 |
| ACNB | REDUCED | ACNB CORP | COM | 000868109 | 1,643,520 | 0.3 | 27678.0 |
| - | Investar Holding Corporation 6.5 Ser A Conv Pfd | NON 13F SECURITY | 46134L303 | 1,643,516 | 0.3 | 54857.0 | |
| AMTB | REDUCED | AMERANT BANCORP INC | CL A | 023576101 | 1,639,890 | 0.3 | 64259.0 |
| WSBC | REDUCED | WESBANCO INC | COM | 950810101 | 1,624,194 | 0.3 | 41614.0 |
| ACNB | REDUCED | ACNB CORP | COM | 000868109 | 1,624,102 | 0.3 | 27351.0 |
| FISI | REDUCED | FINANCIAL INSTITUTIONS INC | COM | 317585404 | 1,615,930 | 0.29 | 41466.0 |
| USCB | REDUCED | USCB FINANCIAL HOLDINGS INC | CLASS A COM | 90355N101 | 1,614,314 | 0.29 | 78901.0 |
| - | INDEPENDENT BK CORP MICH | COM NEW | 453838609 | 1,610,165 | 0.29 | 44640.0 | |
| - | INDEPENDENT BK CORP MICH | COM NEW | 453838609 | 1,586,395 | 0.29 | 43981.0 | |
| - | M & T BK CORP | COM | 55261F104 | 1,585,147 | 0.29 | 6660.0 | |
| - | INTERNATIONAL BANCSHARES COR | COM | 459044103 | 1,578,241 | 0.29 | 20780.0 | |
| CARE | REDUCED | CARTER BANKSHARES INC | COM NEW | 146103106 | 1,563,746 | 0.29 | 45979.0 |
| - | CVB FINL CORP | COM | 126600105 | 1,550,696 | 0.28 | 68767.0 | |
| - | 1895 Bancorp Of Wisconsin, Inc. | NON 13F SECURITY | 28253R105 | 1,534,424 | 0.28 | 86887.0 | |
| - | CVB FINL CORP | COM | 126600105 | 1,523,027 | 0.28 | 67540.0 | |
| NIC | ADDED | NICOLET BANKSHARES INC | COM | 65406E102 | 1,499,095 | 0.27 | 9064.0 |
| - | MERCANTILE BK CORP | COM | 587376104 | 1,481,091 | 0.27 | 25794.0 | |
| - | BANK HAWAII CORP | COM | 062540109 | 1,470,895 | 0.27 | 18050.0 | |
| CARE | REDUCED | CARTER BANKSHARES INC | COM NEW | 146103106 | 1,465,763 | 0.27 | 43098.0 |
| - | MERCANTILE BK CORP | COM | 587376104 | 1,445,606 | 0.26 | 25176.0 | |
| NPB | REDUCED | NORTHPOINTE BANCSHARES INC. | COM SHS | 66661N886 | 1,442,931 | 0.26 | 75231.0 |
| - | BANK HAWAII CORP | COM | 062540109 | 1,401,628 | 0.26 | 17200.0 | |
| - | CAPITAL BANCORP INC MD | COM | 139737100 | 1,380,146 | 0.25 | 39298.0 | |
| - | PREFERRED BK LOS ANGELES CA | COM NEW | 740367404 | 1,360,872 | 0.25 | 12807.0 | |
| OPBK | ADDED | OP BANCORP | COM | 67109R109 | 1,348,261 | 0.25 | 89944.0 |
| - | CITIZENS FINL GROUP INC | COM | 174610105 | 1,345,975 | 0.25 | 19209.0 | |
| CBC | REDUCED | CENTRAL BANCOMPANY | COM CL A | 152413100 | 1,339,485 | 0.24 | 44091.0 |
| - | FIRST CMNTY CORP S C | COM | 319835104 | 1,332,233 | 0.24 | 40766.0 | |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 1,304,961 | 0.24 | 9024.0 | |
| ISTR | ADDED | INVESTAR HOLDING CORP | COM | 46134L105 | 1,300,264 | 0.24 | 43400.0 |
| BWB | ADDED | BRIDGEWATER BANCSHARES INC | COM | 108621103 | 1,291,814 | 0.24 | 61398.0 |
| - | SOUTHERN MO BANCORP INC | COM | 843380106 | 1,288,330 | 0.23 | 16905.0 | |
| - | ENTERPRISE FINL SVCS CORP | COM | 293712105 | 1,286,241 | 0.23 | 19524.0 | |
| - | EAGLE FINL SVCS INC | COM | 26951R104 | 1,282,938 | 0.23 | 30944.0 | |
| BUSE | ADDED | FIRST BUSEY CORP | COM NEW | 319383204 | 1,281,451 | 0.23 | 43439.0 |
| - | 1ST FINL BANCORP | COM | 320209109 | 1,247,650 | 0.23 | 36880.0 | |
| - | ENTERPRISE FINL SVCS CORP | COM | 293712105 | 1,246,186 | 0.23 | 18916.0 | |
| - | COMMUNITY TR BANCORP INC | COM | 204149108 | 1,234,823 | 0.23 | 17065.0 | |
| - | COMMUNITY TR BANCORP INC | COM | 204149108 | 1,232,653 | 0.22 | 17035.0 | |
| - | NEPTUNE INS HLDGS INC | CL A | 64073B103 | 1,231,808 | 0.22 | 39105.0 | |
| - | SOUTHERN MO BANCORP INC | COM | 843380106 | 1,228,962 | 0.22 | 16126.0 | |
| BBT | REDUCED | BEACON FINANCIAL CORP. | COM | 084680107 | 1,211,880 | 0.22 | 39799.0 |
| - | 1895 Bancorp Of Wisconsin, Inc. | NON 13F SECURITY | 28253R105 | 1,211,052 | 0.22 | 68576.0 | |
| HOPE | ADDED | HOPE BANCORP INC | COM | 43940T109 | 1,208,231 | 0.22 | 88321.0 |
| - | UNITY BANCORP INC | COM | 913290102 | 1,203,145 | 0.22 | 20500.0 | |
| WABC | REDUCED | WESTAMERICA BANCORPORATION | COM | 957090103 | 1,202,500 | 0.22 | 20496.0 |
| - | HUNTINGTON BANCSHARES INC | COM | 446150104 | 1,201,828 | 0.22 | 67785.0 | |
| MCHB | REDUCED | MECHANICS BANCORP | CL A | 43785V102 | 1,200,355 | 0.22 | 75494.0 |
| MGYR | ADDED | MAGYAR BANCORP INC | COM | 55977T208 | 1,181,574 | 0.22 | 67712.0 |
| - | NEPTUNE INS HLDGS INC | CL A | 64073B103 | 1,179,266 | 0.21 | 37437.0 | |
| - | CHIME FINL INC | COM SHS CL A | 16935C109 | 1,178,399 | 0.21 | 57539.0 | |
| - | EAGLE FINL SVCS INC | COM | 26951R104 | 1,172,240 | 0.21 | 28274.0 | |
| - | HOMEBANCORP INC | COM | 43689E107 | 1,170,048 | 0.21 | 17076.0 | |
| MCHB | REDUCED | MECHANICS BANCORP | CL A | 43785V102 | 1,166,917 | 0.21 | 73391.0 |
| SFST | ADDED | SOUTHERN FIRST BANCSHARES | COM | 842873101 | 1,165,299 | 0.21 | 19072.0 |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 1,160,640 | 0.21 | 8026.0 | |
| WABC | REDUCED | WESTAMERICA BANCORPORATION | COM | 957090103 | 1,159,319 | 0.21 | 19760.0 |
| HOPE | ADDED | HOPE BANCORP INC | COM | 43940T109 | 1,155,509 | 0.21 | 84467.0 |
| - | AVIDBANK HLDGS INC | COM | 05368J103 | 1,141,583 | 0.21 | 34562.0 | |
| JPM | ADDED | JPMORGAN CHASE & CO | COM | 46625H100 | 1,141,072 | 0.21 | 3486.0 |
| - | AVIDBANK HLDGS INC | COM | 05368J103 | 1,105,844 | 0.2 | 33480.0 | |
| - | INDEPENDENT BK CORP MASS | COM | 453836108 | 1,086,016 | 0.2 | 12972.0 | |
| RNST | REDUCED | RENASANT CORP | COM | 75970E107 | 1,067,201 | 0.19 | 25087.0 |
| - | MARATHON BANCORP INC | COM NEW | 565759206 | 1,065,383 | 0.19 | 69724.0 | |
| - | QCR HLDGS INC | COM | 74727A104 | 1,047,875 | 0.19 | 10764.0 | |
| BCBP | NEW | BCB BANCORP INC | COM | 055298103 | 1,034,716 | 0.19 | 96522.0 |
| - | PEOPLES BANCORP N C INC | COM | 710577107 | 1,029,679 | 0.19 | 23896.0 | |
| RNST | REDUCED | RENASANT CORP | COM | 75970E107 | 1,021,428 | 0.19 | 24011.0 |
| - | Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | NON 13F SECURITY | 05990K841 | 1,015,740 | 0.19 | 40500.0 | |
| BCBP | NEW | BCB BANCORP INC | COM | 055298103 | 1,013,512 | 0.18 | 94544.0 |
| - | PEOPLES BANCORP N C INC | COM | 710577107 | 980,211 | 0.18 | 22748.0 | |
| ABCB | REDUCED | AMERIS BANCORP | COM | 03076K108 | 884,729 | 0.16 | 9802.0 |
| EWBC | REDUCED | EAST WEST BANCORP INC | COM | 27579R104 | 884,525 | 0.16 | 6852.0 |
| PCB | ADDED | PCB BANCORP | COM | 69320M109 | 883,839 | 0.16 | 31154.0 |
| - | FLAGSTAR BANK NATIONAL ASSOC | UNIT 05/07/2051 | 64944P307 | 874,308 | 0.16 | 21309.0 | |
| - | COREBRIDGE FINL INC | COM | 21871X109 | 866,573 | 0.16 | 30268.0 | |
| PTACU | NEW | PATRIOT ACQUISITION CORP | UNIT 05/11/2031 | G6951A122 | 860,139 | 0.16 | 86100.0 |
| KEY | ADDED | KEYCORP | COM | 493267108 | 846,304 | 0.15 | 36716.0 |
| PTACU | NEW | PATRIOT ACQUISITION CORP | UNIT 05/11/2031 | G6951A122 | 839,160 | 0.15 | 84000.0 |
| FMBH | ADDED | FIRST MID BANCSHARES INC | COM | 320866106 | 792,042 | 0.14 | 16470.0 |
| MSBI | ADDED | MIDLAND STATES BANCORP INC | COM | 597742105 | 779,341 | 0.14 | 25027.0 |
| - | MARATHON BANCORP INC | COM NEW | 565759206 | 773,963 | 0.14 | 50652.0 | |
| VOYA | NEW | VOYA FINANCIAL INC | COM | 929089100 | 769,505 | 0.14 | 8500.0 |
| VOYA | NEW | VOYA FINANCIAL INC | COM | 929089100 | 760,452 | 0.14 | 8400.0 |
| - | FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | 759,488 | 0.14 | 365.0 | |
| - | UMB FINL CORP | COM | 902788108 | 756,342 | 0.14 | 5298.0 | |
| BY | REDUCED | BYLINE BANCORP INC | COM | 124411109 | 752,221 | 0.14 | 19974.0 |
| - | FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | 742,842 | 0.14 | 357.0 | |
| - | CAPITAL ONE FINL CORP | COM | 14040H105 | 742,495 | 0.14 | 3701.0 | |
| - | VALLEY NATL BANCORP | COM | 919794107 | 733,115 | 0.13 | 50042.0 | |
| FHI | NEW | FEDERATED HERMES INC | CL B | 314211103 | 733,046 | 0.13 | 13275.0 |
| IVZ | ADDED | INVESCO LTD | SHS | G491BT108 | 732,323 | 0.13 | 27750.0 |
| - | FRANKLIN RESOURCES INC | COM | 354613101 | 731,108 | 0.13 | 21975.0 | |
| OPBK | ADDED | OP BANCORP | COM | 67109R109 | 727,000 | 0.13 | 48499.0 |
| - | TOWNEBANK PORTSMOUTH VA | COM | 89214P109 | 717,081 | 0.13 | 19787.0 | |
| MGYR | ADDED | MAGYAR BANCORP INC | COM | 55977T208 | 714,682 | 0.13 | 40956.0 |
| FITB | ADDED | FIFTH THIRD BANCORP | COM | 316773100 | 714,095 | 0.13 | 12668.0 |
| - | UNITED BANKSHARES INC WEST V | COM | 909907107 | 689,971 | 0.13 | 15055.0 | |
| - | CAPITAL BANCORP INC MD | COM | 139737100 | 685,507 | 0.12 | 19519.0 | |
| - | JEFFERSON CAPITAL INC | COM | 47248R103 | 684,371 | 0.12 | 35150.0 | |
| - | INTERACTIVE BROKERS GROUP IN | COM CL A | 45841N107 | 668,554 | 0.12 | 7681.0 | |
| - | INDEPENDENT BK CORP MICH | COM NEW | 453838609 | 662,931 | 0.12 | 18379.0 | |
| FSBC | REDUCED | FIVE STAR BANCORP | COM | 33830T103 | 659,944 | 0.12 | 13554.0 |
| - | SEACOAST BKG CORP FLA | COM NEW | 811707801 | 657,519 | 0.12 | 19775.0 | |
| WT | NEW | WISDOMTREE INC | COM | 97717P104 | 655,426 | 0.12 | 38691.0 |
| FHN | ADDED | FIRST HORIZON CORPORATION | COM | 320517105 | 627,718 | 0.11 | 24482.0 |
| - | SEACOAST BKG CORP FLA | COM NEW | 811707801 | 619,115 | 0.11 | 18620.0 | |
| - | Equitable Financial Corp. | NON 13F SECURITY | 29448T105 | 617,490 | 0.11 | 34305.0 | |
| CBK | REDUCED | COMMERCIAL BANCGROUP INC | COM | 20112C106 | 603,048 | 0.11 | 18676.0 |
| BWB | ADDED | BRIDGEWATER BANCSHARES INC | COM | 108621103 | 593,328 | 0.11 | 28200.0 |
| ACNB | REDUCED | ACNB CORP | COM | 000868109 | 592,078 | 0.11 | 9971.0 |
| FISI | REDUCED | FINANCIAL INSTITUTIONS INC | COM | 317585404 | 586,421 | 0.11 | 15048.0 |
| WSBC | REDUCED | WESBANCO INC | COM | 950810101 | 586,309 | 0.11 | 15022.0 |
| BKU | REDUCED | BANKUNITED INC | COM | 06652K103 | 578,929 | 0.11 | 11949.0 |
| USCB | REDUCED | USCB FINANCIAL HOLDINGS INC | CLASS A COM | 90355N101 | 559,356 | 0.1 | 27339.0 |
| - | FLAGSTAR BANK NATIONAL ASSOC | UNIT 05/07/2051 | 64944P307 | 549,310 | 0.1 | 13388.0 | |
| - | Investar Holding Corporation 6.5 Ser A Conv Pfd | NON 13F SECURITY | 46134L303 | 544,942 | 0.1 | 18189.0 | |
| - | ECB BANCORP INC | COM | 26828M106 | 544,268 | 0.1 | 27105.0 | |
| CARE | REDUCED | CARTER BANKSHARES INC | COM NEW | 146103106 | 541,541 | 0.1 | 15923.0 |
| - | CVB FINL CORP | COM | 126600105 | 534,277 | 0.1 | 23693.0 | |
| HOMB | REDUCED | HOME BANCSHARES INC | COM | 436893200 | 531,087 | 0.1 | 18602.0 |
| - | MERCANTILE BK CORP | COM | 587376104 | 518,503 | 0.09 | 9030.0 | |
| - | BANK HAWAII CORP | COM | 062540109 | 509,313 | 0.09 | 6250.0 | |
| BKU | REDUCED | BANKUNITED INC | COM | 06652K103 | 506,206 | 0.09 | 10448.0 |
| USCB | REDUCED | USCB FINANCIAL HOLDINGS INC | CLASS A COM | 90355N101 | 486,130 | 0.09 | 23760.0 |
| - | CAPITAL BANCORP INC MD | COM | 139737100 | 480,547 | 0.09 | 13683.0 | |
| - | BANK OF NY MELLON CORP | COM | 064058100 | 469,983 | 0.09 | 3250.0 | |
| - | SOUTHERN MO BANCORP INC | COM | 843380106 | 446,286 | 0.08 | 5856.0 | |
| - | ORANGE CNTY BANCORP INC | COM | 68417L107 | 440,036 | 0.08 | 11964.0 | |
| - | ENTERPRISE FINL SVCS CORP | COM | 293712105 | 432,173 | 0.08 | 6560.0 | |
| - | COMMUNITY TR BANCORP INC | COM | 204149108 | 426,924 | 0.08 | 5900.0 | |
| WABC | REDUCED | WESTAMERICA BANCORPORATION | COM | 957090103 | 425,005 | 0.08 | 7244.0 |
| - | NEPTUNE INS HLDGS INC | CL A | 64073B103 | 423,927 | 0.08 | 13458.0 | |
| MCHB | REDUCED | MECHANICS BANCORP | CL A | 43785V102 | 415,229 | 0.08 | 26115.0 |
| - | WILLIS LEASE FIN CORP | COM | 970646105 | 412,984 | 0.08 | 1805.0 | |
| HOPE | ADDED | HOPE BANCORP INC | COM | 43940T109 | 411,932 | 0.08 | 30112.0 |
| - | HOMEBANCORP INC | COM | 43689E107 | 409,955 | 0.07 | 5983.0 | |
| - | ORANGE CNTY BANCORP INC | COM | 68417L107 | 405,058 | 0.07 | 11013.0 | |
| - | AVIDBANK HLDGS INC | COM | 05368J103 | 394,973 | 0.07 | 11958.0 | |
| - | MARATHON BANCORP INC | COM NEW | 565759206 | 380,808 | 0.07 | 24922.0 | |
| - | FB BANCORP INC | COM | 31425A109 | 370,853 | 0.07 | 24625.0 | |
| RNST | REDUCED | RENASANT CORP | COM | 75970E107 | 365,929 | 0.07 | 8602.0 |
| - | FLAGSTAR BANK NATIONAL ASSOC | UNIT 05/07/2051 | 64944P307 | 363,854 | 0.07 | 8868.0 | |
| - | FB BANCORP INC | COM | 31425A109 | 363,699 | 0.07 | 24150.0 | |
| BCBP | NEW | BCB BANCORP INC | COM | 055298103 | 360,578 | 0.07 | 33636.0 |
| - | PEOPLES BANCORP N C INC | COM | 710577107 | 360,060 | 0.07 | 8356.0 | |
| - | Equitable Financial Corp. | NON 13F SECURITY | 29448T105 | 344,844 | 0.06 | 19158.0 | |
| - | Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | NON 13F SECURITY | 05990K841 | 336,699 | 0.06 | 13425.0 | |
| - | ECB BANCORP INC | COM | 26828M106 | 310,075 | 0.06 | 15442.0 | |
| PTACU | NEW | PATRIOT ACQUISITION CORP | UNIT 05/11/2031 | G6951A122 | 298,701 | 0.05 | 29900.0 |
| VOYA | NEW | VOYA FINANCIAL INC | COM | 929089100 | 280,643 | 0.05 | 3100.0 |
| - | WEBSTER FINL CORP | COM | 947890109 | 273,202 | 0.05 | 3575.0 | |
| - | ESQUIRE FINL HLDGS INC | COM | 29667J101 | 273,000 | 0.05 | 2292.0 | |
| - | EAGLE FINL SVCS INC | COM | 26951R104 | 268,744 | 0.05 | 6482.0 | |
| - | FIRST CTZNS BANCSHARES INC D | CL A | 31946M103 | 266,341 | 0.05 | 128.0 | |
| IVZ | ADDED | INVESCO LTD | SHS | G491BT108 | 257,303 | 0.05 | 9750.0 |
| - | ECB BANCORP INC | COM | 26828M106 | 254,032 | 0.05 | 12651.0 | |
| - | ESQUIRE FINL HLDGS INC | COM | 29667J101 | 232,026 | 0.04 | 1948.0 | |
| - | SEACOAST BKG CORP FLA | COM NEW | 811707801 | 219,616 | 0.04 | 6605.0 | |
| HOMB | REDUCED | HOME BANCSHARES INC | COM | 436893200 | 216,666 | 0.04 | 7589.0 |
| BKU | REDUCED | BANKUNITED INC | COM | 06652K103 | 184,255 | 0.03 | 3803.0 |
| HOMB | REDUCED | HOME BANCSHARES INC | COM | 436893200 | 180,122 | 0.03 | 6309.0 |
| - | ORANGE CNTY BANCORP INC | COM | 68417L107 | 147,966 | 0.03 | 4023.0 | |
| - | HOMEBANCORP INC | COM | 43689E107 | 132,997 | 0.02 | 1941.0 | |
| - | FB BANCORP INC | COM | 31425A109 | 131,399 | 0.02 | 8725.0 | |
| - | ESQUIRE FINL HLDGS INC | COM | 29667J101 | 90,524 | 0.02 | 760.0 | |
| - | WEBSTER FINL CORP | COM | 947890109 | 47,763 | 0.01 | 625.0 | |
| - | WEBSTER FINL CORP | COM | 947890109 | 28,658 | 0.01 | 375.0 | |
| ISTR | ADDED | INVESTAR HOLDING CORP | COM | 46134L105 | 17,676 | 0.0 | 590.0 |
| - | WESTERN NEW ENG BANCORP INC | COM | 958892101 | 17,189 | 0.0 | 1202.0 | |
| - | WESTERN NEW ENG BANCORP INC | COM | 958892101 | 4,076 | 0.0 | 285.0 | |
| - | WESTERN NEW ENG BANCORP INC | COM | 958892101 | 629 | 0.0 | 44.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 548,574,534 | 294 | 3.625292 | 0.088629 | 5.081749 |
| 2026-03-31 | 2026-05-15 | 507,862,811 | 300 | 3.895239 | 0.097558 | 5.463056 |
| 2025-12-31 | 2026-02-17 | 563,473,501 | 329 | 3.452059 | 0.090886 | 5.578584 |
| 2025-09-30 | 2025-11-14 | 660,258,490 | 463 | 4.081724 | 0.123434 | 7.659463 |
| 2025-03-31 | 2025-05-15 | 614,884,996 | 424 | 4.483814 | 0.131781 | 8.138811 |
| 2024-12-31 | 2025-02-14 | 655,023,435 | 410 | 4.408496 | 0.133923 | 8.11326 |