CIK: 0001040762 · Show all filings
Period: Q3 2025 (← Previous) (Next →)
Filing Date: Nov 14, 2025
Total Value ($000): $660,258 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| C | CITIGROUP INC | 209,300 | $21,244 | 3.2% | $50.27 | +87.2% | COM NEW | 172967424 |
| AMTB | AMERANT BANCORP INC | 967,318 | $18,640 | 2.8% | $21.75 | -8.3% | CL A | 023576101 |
| WAL | WESTERN ALLIANCE BANCORP | 185,000 | $16,043 | 2.4% | $58.31 | +43.6% | COM | 957638109 |
| NBHC | NATIONAL BK HLDGS CORP | 414,000 | $15,997 | 2.4% | $35.36 | +8.2% | CL A | 633707104 |
| WBS | WEBSTER FINL CORP | 268,800 | $15,977 | 2.4% | $49.13 | +21.3% | COM | 947890109 |
| MTB | M & T BK CORP | 80,000 | $15,810 | 2.4% | $149.28 | +29.8% | COM | 55261F104 |
| SSB | SOUTHSTATE BK CORP | 142,500 | $14,089 | 2.1% | $96.71 | 0.0% | COM | 84472E102 |
| USB | US BANCORP DEL | 284,000 | $13,726 | 2.1% | $45.96 | +0.9% | COM NEW | 902973304 |
| MCHB | MECHANICS BANCORP | 1,014,105 | $13,498 | 2.0% | $13.54 | -1.8% | CL A | 43785V102 |
| HBNC | HORIZON BANCORP INC | 841,700 | $13,476 | 2.0% | $13.11 | +22.2% | COM | 440407104 |
| EQBK | EQUITY BANCSHARES INC | 326,000 | $13,268 | 2.0% | $37.88 | +6.0% | COM CL A | 29460X109 |
| FFWM | FIRST FNDTN INC | 2,330,149 | $12,979 | 2.0% | $5.94 | -7.1% | COM | 32026V104 |
| WSBC | WESBANCO INC | 401,981 | $12,835 | 1.9% | $30.77 | +3.6% | COM | 950810101 |
| QCRH | QCR HOLDINGS INC | 156,900 | $11,868 | 1.8% | $57.75 | +30.2% | COM | 74727A104 |
| FCNCA | FIRST CTZNS BANCSHARES INC D | 6,515 | $11,656 | 1.8% | $1208.74 | +62.8% | CL A | 31946M103 |
| CCNE | CNB FINL CORP PA | 478,200 | $11,572 | 1.8% | $24.10 | +1.2% | COM | 126128107 |
| COF | CAPITAL ONE FINL CORP | 49,000 | $10,416 | 1.6% | $185.52 | +17.4% | COM | 14040H105 |
| FHN | FIRST HORIZON CORPORATION | 460,000 | $10,401 | 1.6% | $13.34 | +64.7% | COM | 320517105 |
| FRST | PRIMIS FINANCIAL CORP | 986,918 | $10,373 | 1.6% | $10.74 | +1.7% | COM | 74167B109 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 363,402 | $10,281 | 1.6% | $27.24 | +7.0% | COM | 598511103 |
| BAC | BANK AMERICA CORP | 190,000 | $9,802 | 1.5% | $37.38 | +29.3% | COM | 060505104 |
| ABCB | AMERIS BANCORP | 129,000 | $9,457 | 1.4% | $36.66 | +91.0% | COM | 03076K108 |
| ZION | ZIONS BANCORPORATION N A | 160,000 | $9,053 | 1.4% | $41.52 | +34.0% | COM | 989701107 |
| FSBC | FIVE STAR BANCORP | 277,400 | $8,932 | 1.4% | $22.59 | +37.0% | COM | 33830T103 |
| CHYM | CHIME FINL INC | 422,812 | $8,528 | 1.3% | $32.75 | -13.2% | COM SHS CL A | 16935C109 |
| UMBF | UMB FINL CORP | 71,000 | $8,403 | 1.3% | $92.67 | +24.4% | COM | 902788108 |
| COLB | COLUMBIA BKG SYS INC | 305,500 | $7,864 | 1.2% | $24.03 | +3.4% | COM | 197236102 |
| UNTY | UNITY BANCORP INC | 155,300 | $7,590 | 1.1% | $32.79 | +54.3% | COM | 913290102 |
| IBOC | INTERNATIONAL BANCSHARES COR | 109,400 | $7,521 | 1.1% | $42.71 | +61.2% | COM | 459044103 |
| IVZ | INVESCO LTD | 315,000 | $7,226 | 1.1% | $17.94 | +14.2% | SHS | G491BT108 |
| EFSI | EAGLE FINL SVCS INC | 190,000 | $7,188 | 1.1% | $32.53 | +6.2% | COM | 26951R104 |
| CARE | CARTER BANKSHARES INC | 369,000 | $7,162 | 1.1% | $17.56 | +6.2% | COM NEW | 146103106 |
| BLK | BLACKROCK INC | 6,071 | $7,078 | 1.1% | $1021.52 | +8.5% | COM | 09290D101 |
| FSUN | FIRSTSUN CAP BANCORP | 175,000 | $6,788 | 1.0% | $39.73 | -5.2% | COM | 33767U107 |
| FCCO | FIRST CMNTY CORP S C | 239,731 | $6,765 | 1.0% | $18.45 | +41.4% | COM | 319835104 |
| PFBC | PREFERRED BK LOS ANGELES CA | 72,500 | $6,553 | 1.0% | $57.50 | +61.2% | COM NEW | 740367404 |
| NPB | NORTHPOINTE BANCSHARES INC. | 380,800 | $6,504 | 1.0% | $14.31 | +14.1% | COM SHS | 66661N886 |
| WFC | WELLS FARGO CO NEW | 77,500 | $6,496 | 1.0% | $59.54 | +35.2% | COM | 949746101 |
| CFG | CITIZENS FINL GROUP INC | 122,116 | $6,492 | 1.0% | $40.78 | +20.6% | COM | 174610105 |
| JPM | JPMORGAN CHASE & CO. | 20,500 | $6,466 | 1.0% | $191.76 | +54.3% | COM | 46625H100 |
| MIAX | MIAMI INTL HLDGS INC | 160,000 | $6,442 | 1.0% | $36.58 | 0.0% | COM | 59356Q108 |
| JCAP | JEFFERSON CAPITAL INC | 356,166 | $6,147 | 0.9% | $18.49 | -3.9% | COM | 47248R103 |
| VLY | VALLEY NATL BANCORP | 570,000 | $6,042 | 0.9% | $10.40 | -3.9% | COM | 919794107 |
| SCHW | SCHWAB CHARLES CORP | 62,500 | $5,967 | 0.9% | $84.11 | +12.4% | COM | 808513105 |
| BY | BYLINE BANCORP INC | 215,000 | $5,962 | 0.9% | $25.35 | +9.1% | COM | 124411109 |
| — | Investar Holding Corporation 6.5 Ser A Conv Pfd | 238,090 | $5,879 | 0.9% | $24.69 | — | Non 13F Security | 46134L303 |
| ISTR | INVESTAR HLDG CORP | 248,853 | $5,776 | 0.9% | $13.69 | +63.9% | COM | 46134L105 |
| CIVB | CIVISTA BANCSHARES INC | 284,000 | $5,768 | 0.9% | $19.34 | +6.7% | COM NO PAR | 178867107 |
| FISI | FINANCIAL INSTNS INC | 211,000 | $5,739 | 0.9% | $24.95 | +4.9% | COM | 317585404 |
| RNST | RENASANT CORP | 152,500 | $5,626 | 0.9% | $33.23 | +13.8% | COM | 75970E107 |
| AVBH | AVIDBANK HLDGS INC | 220,000 | $5,610 | 0.8% | $23.63 | 0.0% | COM | 05368J103 |
| BBT | BEACON FINANCIAL CORP. | 230,470 | $5,464 | 0.8% | $26.88 | -7.1% | COM | 084680107 |
| WABC | WESTAMERICA BANCORPORATION | 106,500 | $5,324 | 0.8% | $43.10 | +12.3% | COM | 957090103 |
| INDB | INDEPENDENT BK CORP MASS | 76,500 | $5,292 | 0.8% | $63.26 | +5.7% | COM | 453836108 |
| KEY | KEYCORP | 280,000 | $5,233 | 0.8% | $15.66 | +16.1% | COM | 493267108 |
| EWBC | EAST WEST BANCORP INC | 47,500 | $5,056 | 0.8% | $65.76 | +57.7% | COM | 27579R104 |
| IBCP | INDEPENDENT BK CORP MICH | 155,000 | $4,801 | 0.7% | $28.30 | +11.9% | COM NEW | 453838609 |
| EFSC | ENTERPRISE FINL SVCS CORP | 80,000 | $4,638 | 0.7% | $42.19 | +36.5% | COM | 293712105 |
| SF | STIFEL FINL CORP | 40,350 | $4,579 | 0.7% | $92.04 | +21.2% | COM | 860630102 |
| USCB | USCB FINANCIAL HOLDINGS INC | 262,123 | $4,574 | 0.7% | $14.10 | +21.8% | CLASS A COM | 90355N101 |
| MGYR | MAGYAR BANCORP INC | 239,100 | $4,129 | 0.6% | $11.33 | +50.8% | COM | 55977T208 |
| JHG | JANUS HENDERSON GROUP PLC | 90,000 | $4,006 | 0.6% | $35.02 | +23.3% | ORD SHS | G4474Y214 |
| CBNK | CAPITAL BANCORP INC MD | 121,176 | $3,866 | 0.6% | $18.22 | +81.9% | COM | 139737100 |
| UBSI | UNITED BANKSHARES INC WEST V | 102,500 | $3,814 | 0.6% | $37.88 | -1.6% | COM | 909907107 |
| MBWM | MERCANTILE BK CORP | 82,000 | $3,690 | 0.6% | $44.45 | +5.4% | COM | 587376104 |
| FFBC | FIRST FINL BANCORP OH | 142,500 | $3,598 | 0.5% | $23.78 | +4.8% | COM | 320209109 |
| TOWN | TOWNEBANK PORTSMOUTH VA | 102,500 | $3,543 | 0.5% | $34.86 | +2.8% | COM | 89214P109 |
| OPBK | OP BANCORP | 242,167 | $3,371 | 0.5% | $9.93 | +39.1% | COM | 67109R109 |
| AUB | ATLANTIC UN BANKSHARES CORP | 92,000 | $3,247 | 0.5% | $27.78 | +19.5% | COM | 04911A107 |
| HBCP | HOME BANCORP INC | 58,200 | $3,162 | 0.5% | $24.12 | +124.3% | COM | 43689E107 |
| WTFC | WINTRUST FINL CORP | 23,727 | $3,142 | 0.5% | $104.03 | +26.9% | COM | 97650W108 |
| BWB | BRIDGEWATER BANCSHARES INC | 175,000 | $3,080 | 0.5% | $12.26 | +33.3% | COM | 108621103 |
| KKR | KKR & CO INC | 23,550 | $3,060 | 0.5% | $141.65 | 0.0% | COM | 48251W104 |
| FMBH | FIRST MID ILL BANCSHARES INC | 80,000 | $3,030 | 0.5% | $35.42 | +8.4% | COM | 320866106 |
| CCBG | CAPITAL CITY BK GROUP INC | 72,400 | $3,026 | 0.5% | $30.32 | +35.8% | COM | 139674105 |
| HBAN | HUNTINGTON BANCSHARES INC | 170,000 | $2,936 | 0.4% | $11.51 | +46.1% | COM | 446150104 |
| WT | WISDOMTREE INC | 200,000 | $2,780 | 0.4% | $9.36 | +42.8% | COM | 97717P104 |
| WNEB | WESTERN NEW ENG BANCORP INC | 222,500 | $2,672 | 0.4% | $8.93 | +26.0% | COM | 958892101 |
| IROQ | IF BANCORP INC | 97,500 | $2,523 | 0.4% | $16.35 | +53.8% | COM | 44951J105 |
| HTBK | HERITAGE COMM CORP | 251,175 | $2,494 | 0.4% | $9.38 | +7.1% | COM | 426927109 |
| PCB | PCB BANCORP | 115,727 | $2,430 | 0.4% | $17.96 | +19.8% | COM | 69320M109 |
| BAM | BROOKFIELD ASSET MANAGMT LTD | 41,386 | $2,357 | 0.4% | $52.48 | +11.8% | CL A LMT VTG SHS | 113004105 |
| BCOW | 1895 Bancorp Of Wisconsin, Inc. | 207,000 | $2,298 | 0.3% | $11.05 | -2.9% | Non 13F Security | 28253R105 |
| — | FLAGSTAR FINANCIAL INC | 57,000 | $2,272 | 0.3% | $33.61 | — | UNIT 05/07/2051 | 64944P307 |
| EQFN | Equitable Financial Corp. | 147,513 | $2,239 | 0.3% | $9.95 | +37.4% | Non 13F Security | 29448T105 |
| ACNB | ACNB CORP | 50,700 | $2,233 | 0.3% | $42.23 | +3.0% | COM | 000868109 |
| — | Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | 88,028 | $2,201 | 0.3% | $23.22 | — | Non 13F Security | 05990K841 |
| ESQ | ESQUIRE FINL HLDGS INC | 20,000 | $2,041 | 0.3% | $24.82 | +295.6% | COM | 29667J101 |
| CRBG | COREBRIDGE FINL INC | 62,500 | $2,003 | 0.3% | $33.71 | 0.0% | COM | 21871X109 |
| NP | Neptune Insurance Holdings Inc. | 100,000 | $2,000 | 0.3% | $20.00 | — | Non 13F Security | 64073B103 |
| CMA | COMERICA INC | 27,500 | $1,884 | 0.3% | $66.25 | 0.0% | COM | 200340107 |
| HOMB | HOME BANCSHARES INC | 65,000 | $1,840 | 0.3% | $23.12 | +25.6% | COM | 436893200 |
| WRIV | White River Bancshares Co | 36,000 | $1,670 | 0.3% | $24.50 | +84.8% | Non 13F Security | 96445A108 |
| ARES | ARES MANAGEMENT CORPORATION | 10,000 | $1,599 | 0.2% | $145.22 | +22.8% | CL A COM STK | 03990B101 |
| CG | CARLYLE GROUP INC | 25,000 | $1,568 | 0.2% | $61.48 | 0.0% | COM | 14316J108 |
| SFNC | SIMMONS 1ST NATL CORP | 81,322 | $1,559 | 0.2% | $19.96 | 0.0% | CL A $1 PAR | 828730200 |
| BKU | BANKUNITED INC | 40,000 | $1,526 | 0.2% | $21.81 | +71.0% | COM | 06652K103 |
| PEBK | PEOPLES BANCORP N C INC | 49,346 | $1,513 | 0.2% | $26.48 | +14.0% | COM | 710577107 |
| BK | BANK NEW YORK MELLON CORP | 13,700 | $1,493 | 0.2% | $83.95 | +20.7% | COM | 064058100 |
| MBBC | MARATHON BANCORP INC | 135,100 | $1,409 | 0.2% | $9.97 | +2.2% | COM NEW | 565759206 |
| WLFC | WILLIS LEASE FIN CORP | 10,083 | $1,382 | 0.2% | $14.76 | +885.7% | COM | 970646105 |
| COFS | CHOICEONE FINL SVCS INC | 45,359 | $1,314 | 0.2% | $27.26 | +7.7% | COM | 170386106 |
| — | Merchants Bancorp 8.25 Non-Cumulative Perpetual Preferred Stock, Series D | 52,000 | $1,292 | 0.2% | $25.15 | — | Non 13F Security | 58844R884 |
| HOPE | HOPE BANCORP INC | 118,287 | $1,274 | 0.2% | $11.24 | -3.6% | COM | 43940T109 |
| BLSH | BULLISH | 19,300 | $1,228 | 0.2% | $61.33 | 0.0% | ORD SHS | G16910120 |
| FFIC | FLUSHING FINL CORP | 87,626 | $1,210 | 0.2% | $11.54 | +10.1% | COM | 343873105 |
| SBCF | SEACOAST BKG CORP FLA | 37,413 | $1,138 | 0.2% | $29.10 | +1.9% | COM NEW | 811707801 |
| CADE | CADENCE BANK | 30,000 | $1,126 | 0.2% | $35.60 | 0.0% | COM | 12740C103 |
| SFST | SOUTHERN FIRST BANCSHARES | 25,500 | $1,125 | 0.2% | $42.72 | 0.0% | COM | 842873101 |
| FITB | FIFTH THIRD BANCORP | 25,000 | $1,114 | 0.2% | $40.37 | +6.6% | COM | 316773100 |
| AFBI | AFFINITY BANCSHARES INC | 53,480 | $1,055 | 0.2% | $17.75 | +7.9% | COM | 00832E103 |
| — | TC Bancshares, Inc. | 49,900 | $1,048 | 0.2% | $14.74 | — | Non 13F Security | 87224V108 |
| AX | AXOS FINANCIAL INC | 10,000 | $847 | 0.1% | $87.15 | 0.0% | COM | 05465C100 |
| ONB | OLD NATL BANCORP IND | 38,487 | $845 | 0.1% | $21.00 | +5.3% | COM | 680033107 |
| CTBI | COMMUNITY TR BANCORP INC | 15,000 | $839 | 0.1% | $55.21 | 0.0% | COM | 204149108 |
| ECBK | ECB BANCORP INC | 45,500 | $722 | 0.1% | $14.18 | +14.6% | COM | 26828M106 |
| PFS | PROVIDENT FINL SVCS INC | 37,280 | $719 | 0.1% | $18.52 | 0.0% | COM | 74386T105 |
| AVBC | AVIDIA BANCORP INC | 48,000 | $717 | 0.1% | $15.09 | 0.0% | COMMON STOCK | 05369T100 |
| CBAN | COLONY BANKCORP INC | 38,329 | $652 | 0.1% | $15.41 | +9.0% | COM | 19623P101 |
| — | Merchants Bancorp 7.625 Non-Cumulative Perpetual Preferred Stock, Series E | 22,000 | $508 | 0.1% | $25.30 | — | Non 13F Security | 58844R850 |
| FVCB | FVCBANKCORP INC | 27,630 | $358 | 0.1% | $11.83 | +10.0% | COM | 36120Q101 |
| OBT | ORANGE CNTY BANCORP INC | 7,921 | $200 | 0.0% | $24.41 | +7.0% | COM | 68417L107 |
| TRST | TRUSTCO BK CORP N Y | 5,000 | $182 | 0.0% | $31.83 | +13.0% | COM NEW | 898349204 |
| MRBK | MERIDIAN CORPORATION | 7,969 | $126 | 0.0% | $14.72 | 0.0% | COM | 58958P104 |