Q1 2025 · 13F-HR
FJ Capital Management LLCholdings as filed
Filed 2025-05-15 · accession 0001420506-25-001301
$966.2M
Reported value
111
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 437872104 | HTB | HOMETRUST BANCSHARES INC | $59.4M | 6.15% | 1,732,877 | Common | SOLE |
| 840441109 | SSBUSD | SOUTHSTATE CORPORATION | $51.6M | 5.34% | 556,226 | Common | SOLE |
| 29460X109 | EQBK | EQUITY BANCSHARES INC | $47.5M | 4.92% | 1,206,571 | Common | SOLE |
| 03076K108 | ABCB | AMERIS BANCORP | $45.2M | 4.68% | 785,288 | Common | SOLE |
| 957638109 | WAL | WESTERN ALLIANCE BANCORP | $34.0M | 3.52% | 442,507 | Common | SOLE |
| 947890109 | WBS | WEBSTER FINL CORP | $33.2M | 3.44% | 643,988 | Common | SOLE |
| 453836108 | INDB | INDEPENDENT BK CORP MASS | $32.2M | 3.33% | 513,569 | Common | SOLE |
| 680277100 | OSBC | OLD SECOND BANCORP INC ILL | $30.1M | 3.12% | 1,810,720 | Common | SOLE |
| 74930B105 | RBB | RBB BANCORP | $29.0M | 3.00% | 1,756,006 | Common | SOLE |
| 842873101 | SFST | SOUTHERN FIRST BANCSHARES | $26.6M | 2.75% | 807,223 | Common | SOLE |
| 32055Y201 | FIBK | FIRST INTST BANCSYSTEM INC | $25.5M | 2.64% | 890,226 | Common | SOLE |
| 53578P105 | LNKB | LINKBANCORP INC | $25.3M | 2.62% | 3,728,660 | Common | SOLE |
| 426927109 | XHC | HERITAGE COMMERCE CORP | $22.5M | 2.33% | 2,364,824 | Common | SOLE |
| 598511103 | MOFG | MIDWESTONE FINL GROUP INC NE | $22.1M | 2.29% | 747,456 | Common | SOLE |
| 74727A104 | QCRH | QCR HOLDINGS INC | $21.5M | 2.22% | 301,205 | Common | SOLE |
| 989701107 | ZION | ZIONS BANCORPORATION N A | $21.4M | 2.21% | 428,424 | Common | SOLE |
| 453838609 | IBCP | INDEPENDENT BK CORP MICH | $21.0M | 2.18% | 683,156 | Common | SOLE |
| 200340107 | CMA | COMERICA INC | $19.6M | 2.03% | 331,747 | Common | SOLE |
| 43689E107 | HBCP | HOME BANCORP INC | $19.4M | 2.01% | 433,971 | Common | SOLE |
| 85917W102 | SBTEUR | STERLING BANCORP INC | $19.4M | 2.01% | 4,002,428 | Common | SOLE |
| 843380106 | SMBC | SOUTHERN MO BANCORP INC | $18.3M | 1.90% | 352,105 | Common | SOLE |
| 36120Q101 | FVCB | FVCBANKCORP INC | $17.3M | 1.79% | 1,637,664 | Common | SOLE |
| 29667D104 | — | ESSA BANCORP INC | $16.7M | 1.73% | 884,194 | Common | SOLE |
| 84252A106 | BCAL | CALIFORNIA BANCORP | $15.2M | 1.57% | 1,057,925 | Common | SOLE |
| 950810101 | WSBC | WESBANCO INC | $13.8M | 1.43% | 445,012 | Common | SOLE |
| 58844R108 | MBIN | MERCHANTS BANCORP IND | $11.7M | 1.21% | 316,190 | Common | SOLE |
| 769397100 | RVSB | RIVERVIEW BANCORP INC | $10.8M | 1.12% | 1,912,970 | Common | SOLE |
| 33621E109 | FSFG | FIRST SVGS FINL GROUP INC | $10.2M | 1.05% | 394,472 | Common | SOLE |
| 811707801 | SBCF | SEACOAST BKG CORP FLA | $10.1M | 1.04% | 391,929 | Common | SOLE |
| 59540G107 | MPB | MID PENN BANCORP INC | $9.0M | 0.93% | 346,838 | Common | SOLE |
| 319383204 | BUSE | FIRST BUSEY CORP | $8.7M | 0.90% | 402,600 | Common | SOLE |
| 420476103 | HWBK | HAWTHORN BANCSHARES INC | $8.5M | 0.88% | 299,555 | Common | SOLE |
| 15746L100 | CBNA | CHAIN BRIDGE BANCORP INC | $8.0M | 0.83% | 338,236 | Common | SOLE |
| 174903104 | CZWI | CITIZENS COMMUNITY BANCORP INC M | $7.8M | 0.81% | 542,904 | Common | SOLE |
| 78408D105 | SBFG | SB FINL GROUP INC | $7.7M | 0.80% | 371,571 | Common | SOLE |
| 40416E103 | HCI | HCI GROUP INC | $7.3M | 0.75% | 48,870 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO & CO NEW | $7.2M | 0.74% | 100,097 | Common | SOLE |
| 680033107 | ONB | OLD NATL BANCORP IND | $6.3M | 0.65% | 298,091 | Common | SOLE |
| 902973304 | USB | U S BANCORP DEL | $6.2M | 0.64% | 146,391 | Common | SOLE |
| 97650W108 | WTFC | WINTRUST FINL CORP | $6.1M | 0.63% | 54,115 | Common | SOLE |
| 203607106 | CBU | COMMUNITY FINANCIAL SYSTEM I | $6.0M | 0.62% | 105,128 | Common | SOLE |
| 83607A100 | SFBC | SOUND FINL BANCORP INC | $5.4M | 0.56% | 108,095 | Common | SOLE |
| 05990K106 | BANC | BANC OF CALIFORNIA INC | $5.3M | 0.55% | 373,286 | Common | SOLE |
| 47805L101 | JMSB | JOHN MARSHALL BANCORP INC | $5.3M | 0.55% | 320,127 | Common | SOLE |
| 37959E102 | GL | GLOBE LIFE INC | $5.2M | 0.54% | 39,450 | Common | SOLE |
| 69376K106 | RPC | P10 INC | $5.2M | 0.54% | 440,792 | Common | SOLE |
| 808513105 | SCHW | CHARLES SCHWAB CORP | $4.8M | 0.49% | 61,043 | Common | SOLE |
| 31847R102 | FAF | FIRST AMERN FINL CORP | $4.7M | 0.49% | 71,490 | Common | SOLE |
| 87240R107 | TFSL | TFS FINL CORP | $4.5M | 0.46% | 362,562 | Common | SOLE |
| 87724P106 | TMHC | TAYLOR MORRISON HOME CORP | $4.5M | 0.46% | 74,382 | Common | SOLE |
| 316926104 | FDSB | FIFTH DIST BANCORP INC | $4.5M | 0.46% | 364,949 | Common | SOLE |
| 172967424 | C | CITIGROUP INC | $4.4M | 0.45% | 61,545 | Common | SOLE |
| 172062101 | CINF | CINCINNATI FINL CORP | $4.3M | 0.45% | 29,293 | Common | SOLE |
| G96629103 | WTW | WILLIS TOWERS WATSON PLC LTD | $4.3M | 0.44% | 12,658 | Common | SOLE |
| 38267D109 | GSHD | GOOSEHEAD INS INC | $4.1M | 0.42% | 34,498 | Common | SOLE |
| 020002101 | ALL | ALLSTATE CORP | $4.1M | 0.42% | 19,567 | Common | SOLE |
| 48020Q107 | JLL | JONES LANG LASALLE INC | $4.0M | 0.41% | 16,138 | Common | SOLE |
| 830940102 | SKWD | SKYWARD SPECIALTY INS GROUP | $3.8M | 0.39% | 71,100 | Common | SOLE |
| 62482R107 | 07WA | MR COOPER GROUP INC | $3.6M | 0.38% | 30,490 | Common | SOLE |
| 759351604 | RGA | REINSURANCE GRP OF AMERICA I | $3.5M | 0.36% | 17,639 | Common | SOLE |
| 90984P303 | UCB | UNITED CMNTY BKS BLAIRSVLE GA | $3.4M | 0.35% | 120,000 | Common | SOLE |
| 95040Q104 | WELL | WELLTOWER INC | $3.3M | 0.34% | 21,409 | Common | SOLE |
| 69753M105 | PLMR | PALOMAR HLDGS INC | $3.2M | 0.33% | 23,518 | Common | SOLE |
| 505743104 | LADR | LADDER CAP CORP | $2.9M | 0.30% | 253,990 | Common | SOLE |
| 928254101 | VIRT | VIRTU FINL INC | $2.6M | 0.27% | 69,107 | Common | SOLE |
| 66661N886 | NPB | NORTHPOINTE BANCSHARES INC | $2.2M | 0.23% | 155,000 | Common | SOLE |
| 09581B103 | OWL | BLUE OWL CAPITAL INC | $2.1M | 0.22% | 106,376 | Common | SOLE |
| 32054K103 | FR | FIRST INDL RLTY TR INC | $2.1M | 0.21% | 38,445 | Common | SOLE |
| 59522J103 | MAA | MID-AMER APT CMNTYS INC | $2.1M | 0.21% | 12,294 | Common | SOLE |
| 64828T201 | RITM | RITHM CAPITAL CORP | $1.9M | 0.20% | 169,719 | Common | SOLE |
| 33768G107 | FCFS | FIRSTCASH HOLDINGS INC | $1.8M | 0.19% | 15,159 | Common | SOLE |
| 427096508 | HTGC | HERCULES CAPITAL INC | $1.8M | 0.19% | 93,829 | Common | SOLE |
| 398182303 | AHR | AMERICAN HEALTHCARE REIT INC | $1.7M | 0.18% | 57,611 | Common | SOLE |
| 004239109 | AKR | ACADIA RLTY TR | $1.7M | 0.17% | 78,955 | Common | SOLE |
| 23331A109 | DHI | D R HORTON INC | $1.6M | 0.17% | 12,719 | Common | SOLE |
| 47233W109 | JEF | JEFFERIES FINL GROUP INC | $1.6M | 0.17% | 30,148 | Common | SOLE |
| 26817Q886 | DX | DYNEX CAP INC | $1.6M | 0.16% | 120,988 | Common | SOLE |
| 87266M107 | TRTX | TPG RE FIN TR INC | $1.6M | 0.16% | 190,510 | Common | SOLE |
| 04010L103 | ARCC | ARES CAPITAL CORP | $1.5M | 0.16% | 69,062 | Common | SOLE |
| 889478103 | TOL | TOLL BROTHERS INC | $1.5M | 0.15% | 13,837 | Common | SOLE |
| 89417E109 | TRV | TRAVELERS COMPANIES INC | $1.3M | 0.14% | 5,104 | Common | SOLE |
| 410867105 | THG | HANOVER INS GROUP INC | $1.3M | 0.13% | 7,491 | Common | SOLE |
| 71844V201 | PECO | PHILLIPS EDISON & CO INC | $1.2M | 0.12% | 32,298 | Common | SOLE |
| 92826C839 | V | VISA INC | $1.0M | 0.11% | 2,952 | Common | SOLE |
| G4474Y214 | JHG | JANUS HENDERSON GROUP PLC | $1.0M | 0.11% | 28,435 | Common | SOLE |
| 74460D109 | PSA | PUBLIC STORAGE OPER CO | $956,531 | 0.10% | 3,196 | Common | SOLE |
| 12621E103 | CNO | CNO FINL GROUP INC | $920,298 | 0.10% | 22,096 | Common | SOLE |
| 140501107 | CSWC | CAPITAL SOUTHWEST CORP | $894,608 | 0.09% | 40,081 | Common | SOLE |
| 55354G100 | MSCI | MSCI INC | $889,532 | 0.09% | 1,573 | Common | SOLE |
| 008492100 | ADC | AGREE RLTY CORP | $888,766 | 0.09% | 11,514 | Common | SOLE |
| 48251W104 | KKR | KKR & CO INC | $858,289 | 0.09% | 7,424 | Common | SOLE |
| 83012A109 | TSLX | SIXTH STREET SPECIALTY LENDING | $804,427 | 0.08% | 35,944 | Common | SOLE |
| 32026V104 | FFWM | FIRST FNDTN INC | $721,083 | 0.07% | 138,937 | Common | SOLE |
| 758849103 | REG | REGENCY CTRS CORP | $717,464 | 0.07% | 9,727 | Common | SOLE |
| 29452E101 | EQH | EQUITABLE HLDGS INC | $710,924 | 0.07% | 13,648 | Common | SOLE |
| 222795502 | CUZ | COUSINS PPTYS INC | $486,190 | 0.05% | 16,481 | Common | SOLE |
| 03027X100 | AMT | AMERICAN TOWER CORP NEW | $379,930 | 0.04% | 1,746 | Common | SOLE |
| 15135B101 | CNC | CENTENE CORP DEL | $379,559 | 0.04% | 6,252 | Common | SOLE |
| 337738108 | FISV | FISERV INC | $376,294 | 0.04% | 1,704 | Common | SOLE |
| 87165B103 | SYF | SYNCHRONY FINANCIAL | $362,692 | 0.04% | 6,851 | Common | SOLE |
| 133131102 | CPT | CAMDEN PPTY TR | $355,893 | 0.04% | 2,910 | Common | SOLE |
| 36467J108 | GLPI | GAMING AND LEISURE PPTYS INC | $353,653 | 0.04% | 6,948 | Common | SOLE |
| 43708L108 | HFBL | HOME FED BANCORP INC LA NEW | $324,501 | 0.03% | 24,866 | Common | SOLE |
| 74736L109 | QTWO | Q2 HLDGS INC | $322,840 | 0.03% | 4,035 | Common | SOLE |
| 126128107 | CCNE | CNB FINL CORP PA | $309,498 | 0.03% | 13,910 | Common | SOLE |
| 42250P103 | DOC | HEALTHPEAK PROPERTIES INC | $308,092 | 0.03% | 15,237 | Common | SOLE |
| 929042109 | VNO | VORNADO RLTY TR | $274,503 | 0.03% | 7,421 | Common | SOLE |
| 31620M106 | FIS | FIDELITY NATL INFORMATION SV | $256,675 | 0.03% | 3,437 | Common | SOLE |
| 303075105 | FDS | FACTSET RESH SYS INC | $241,414 | 0.02% | 531 | Common | SOLE |
| 431284108 | HIW | HIGHWOODS PPTYS INC | $208,221 | 0.02% | 7,025 | Common | SOLE |
| 11135E203 | BNL | BROADSTONE NET LEASE INC | $200,885 | 0.02% | 11,789 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.