Location: New York, NY
CIK: 0001040762 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 17, 2026
Total Value: $563M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| SSB | SOUTHSTATE BK CORP | 187,000 | $17.6M | 3.1% | $95.55 | -3.9% | COM | 84472E102 |
| C | CITIGROUP INC | 132,500 | $15.46M | 2.7% | $50.27 | +106.2% | COM NEW | 172967424 |
| FFWM | FIRST FNDTN INC | 2,470,000 | $15.22M | 2.7% | $5.92 | -5.4% | COM | 32026V104 |
| EQBK | EQUITY BANCSHARES INC | 329,173 | $14.7M | 2.6% | $37.88 | +12.5% | COM CL A | 29460X109 |
| WBS | WEBSTER FINL CORP | 230,000 | $14.48M | 2.6% | $49.13 | +20.8% | COM | 947890109 |
| FRST | PRIMIS FINANCIAL CORP | 1,026,500 | $14.28M | 2.5% | $10.76 | +4.0% | COM | 74167B109 |
| HBNC | HORIZON BANCORP INC | 792,500 | $13.44M | 2.4% | $13.11 | +26.4% | COM | 440407104 |
| NBHC | NATIONAL BK HLDGS CORP | 352,500 | $13.4M | 2.4% | $35.36 | +6.0% | CL A | 633707104 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 340,000 | $13.09M | 2.3% | $27.24 | +33.8% | COM | 598511103 |
| CCNE | CNB FINL CORP PA | 491,500 | $12.86M | 2.3% | $24.13 | +4.7% | COM | 126128107 |
| AMTB | AMERANT BANCORP INC | 592,500 | $11.56M | 2.1% | $21.75 | -14.9% | CL A | 023576101 |
| QCRH | QCR HOLDINGS INC | 130,300 | $10.85M | 1.9% | $57.75 | +36.2% | COM | 74727A104 |
| MCHB | MECHANICS BANCORP | 687,400 | $10.06M | 1.8% | $13.54 | +2.6% | CL A | 43785V102 |
| IBOC | INTERNATIONAL BANCSHARES COR | 143,800 | $9.554M | 1.7% | $48.52 | +38.1% | COM | 459044103 |
| FCNCA | FIRST CTZNS BANCSHARES INC D | 4,409 | $9.463M | 1.7% | $1208.74 | +55.8% | CL A | 31946M103 |
| CHYM | CHIME FINL INC | 368,263 | $9.269M | 1.6% | $32.75 | -35.1% | COM SHS CL A | 16935C109 |
| WSBC | WESBANCO INC | 275,000 | $9.141M | 1.6% | $30.77 | +5.1% | COM | 950810101 |
| ABCB | AMERIS BANCORP | 121,500 | $9.024M | 1.6% | $36.66 | +102.4% | COM | 03076K108 |
| CBC | CENTRAL BANCOMPANY | 368,567 | $8.89M | 1.6% | $23.43 | 0.0% | COM CL A | 152413100 |
| BAC | BANK AMERICA CORP | 151,156 | $8.314M | 1.5% | $37.38 | +40.9% | COM | 060505104 |
| UNTY | UNITY BANCORP INC | 159,000 | $8.223M | 1.5% | $33.18 | +49.8% | COM | 913290102 |
| MTB | M & T BK CORP | 40,500 | $8.16M | 1.4% | $149.28 | +27.3% | COM | 55261F104 |
| AVBH | AVIDBANK HLDGS INC | 305,000 | $8.101M | 1.4% | $24.28 | +6.9% | COM | 05368J103 |
| CARE | CARTER BANKSHARES INC | 395,800 | $7.781M | 1.4% | $17.63 | +5.7% | COM NEW | 146103106 |
| BY | BYLINE BANCORP INC | 265,000 | $7.725M | 1.4% | $25.84 | +8.2% | COM | 124411109 |
| FCCO | FIRST CMNTY CORP S C | 252,500 | $7.487M | 1.3% | $18.94 | +48.5% | COM | 319835104 |
| UMBF | UMB FINL CORP | 65,000 | $7.478M | 1.3% | $92.67 | +22.2% | COM | 902788108 |
| COF | CAPITAL ONE FINL CORP | 29,347 | $7.113M | 1.3% | $185.52 | +19.8% | COM | 14040H105 |
| EWBC | EAST WEST BANCORP INC | 62,824 | $7.061M | 1.3% | $75.37 | +39.5% | COM | 27579R104 |
| COLB | COLUMBIA BKG SYS INC | 245,000 | $6.848M | 1.2% | $24.03 | +11.7% | COM | 197236102 |
| NPB | NORTHPOINTE BANCSHARES INC. | 380,000 | $6.376M | 1.1% | $14.31 | +18.3% | COM SHS | 66661N886 |
| — | Investar Holding Corporation 6.5 Ser A Conv Pfd | 238,091 | $6.362M | 1.1% | $24.69 | — | NON 13F SECURITY | 46134L303 |
| ZION | ZIONS BANCORPORATION N A | 105,000 | $6.147M | 1.1% | $41.52 | +31.2% | COM | 989701107 |
| PFBC | PREFERRED BK LOS ANGELES CA | 64,788 | $6.118M | 1.1% | $57.50 | +62.1% | COM NEW | 740367404 |
| BBT | BEACON FINANCIAL CORP. | 220,000 | $5.801M | 1.0% | $26.88 | -7.2% | COM | 084680107 |
| FSBC | FIVE STAR BANCORP | 160,000 | $5.725M | 1.0% | $22.59 | +52.2% | COM | 33830T103 |
| FFBC | FIRST FINL BANCORP OH | 227,917 | $5.702M | 1.0% | $24.16 | +2.6% | COM | 320209109 |
| CFG | CITIZENS FINL GROUP INC | 95,000 | $5.549M | 1.0% | $40.78 | +31.4% | COM | 174610105 |
| IBCP | INDEPENDENT BK CORP MICH | 168,500 | $5.481M | 1.0% | $28.58 | +11.2% | COM NEW | 453838609 |
| UBSI | UNITED BANKSHARES INC WEST V | 142,500 | $5.472M | 1.0% | $37.70 | -1.2% | COM | 909907107 |
| WFC | WELLS FARGO CO NEW | 58,500 | $5.452M | 1.0% | $59.54 | +45.5% | COM | 949746101 |
| JCAP | JEFFERSON CAPITAL INC | 231,630 | $5.175M | 0.9% | $18.49 | +9.3% | COM | 47248R103 |
| EFSI | EAGLE FINL SVCS INC | 129,149 | $5.139M | 0.9% | $32.53 | +13.8% | COM | 26951R104 |
| VLY | VALLEY NATL BANCORP | 434,000 | $5.069M | 0.9% | $10.40 | +6.7% | COM | 919794107 |
| WAL | WESTERN ALLIANCE BANCORP | 60,000 | $5.044M | 0.9% | $58.31 | +38.3% | COM | 957638109 |
| SCHW | SCHWAB CHARLES CORP | 50,000 | $4.995M | 0.9% | $84.11 | +12.6% | COM | 808513105 |
| JPM | JPMORGAN CHASE & CO. | 15,014 | $4.838M | 0.9% | $191.76 | +61.4% | COM | 46625H100 |
| USB | US BANCORP DEL | 87,500 | $4.669M | 0.8% | $45.96 | +6.0% | COM NEW | 902973304 |
| INDB | INDEPENDENT BK CORP MASS | 63,500 | $4.641M | 0.8% | $63.26 | +11.5% | COM | 453836108 |
| FHN | FIRST HORIZON CORPORATION | 192,500 | $4.601M | 0.8% | $13.34 | +66.3% | COM | 320517105 |
| ISTR | INVESTAR HLDG CORP | 172,138 | $4.6M | 0.8% | $13.69 | +79.6% | COM | 46134L105 |
| SF | STIFEL FINL CORP | 36,600 | $4.583M | 0.8% | $92.04 | +29.9% | COM | 860630102 |
| FISI | FINANCIAL INSTNS INC | 145,000 | $4.52M | 0.8% | $24.95 | +17.2% | COM | 317585404 |
| TOWN | TOWNEBANK PORTSMOUTH VA | 132,500 | $4.422M | 0.8% | $34.59 | -2.7% | COM | 89214P109 |
| FITB | FIFTH THIRD BANCORP | 94,125 | $4.406M | 0.8% | $42.78 | +2.0% | COM | 316773100 |
| MGYR | MAGYAR BANCORP INC | 242,553 | $4.191M | 0.7% | $11.41 | +49.1% | COM | 55977T208 |
| RNST | RENASANT CORP | 117,521 | $4.139M | 0.7% | $33.23 | +6.6% | COM | 75970E107 |
| NP | NEPTUNE INS HLDGS INC | 137,500 | $4.009M | 0.7% | $21.72 | +21.1% | CL A | 64073B103 |
| CBK | COMMERCIAL BANCGROUP INC | 158,350 | $3.889M | 0.7% | $24.55 | 0.0% | COM | 20112C106 |
| KEY | KEYCORP | 185,000 | $3.818M | 0.7% | $15.66 | +18.0% | COM | 493267108 |
| OPBK | OP BANCORP | 268,867 | $3.796M | 0.7% | $10.30 | +32.7% | COM | 67109R109 |
| SMBC | SOUTHERN MO BANCORP INC | 60,110 | $3.554M | 0.6% | $55.04 | 0.0% | COM | 843380106 |
| HBAN | HUNTINGTON BANCSHARES INC | 192,708 | $3.343M | 0.6% | $12.07 | +34.9% | COM | 446150104 |
| CIVB | CIVISTA BANCSHARES INC | 149,315 | $3.318M | 0.6% | $19.34 | +13.1% | COM NO PAR | 178867107 |
| WABC | WESTAMERICA BANCORPORATION | 68,000 | $3.252M | 0.6% | $43.10 | +9.9% | COM | 957090103 |
| ACNB | ACNB CORP | 66,164 | $3.199M | 0.6% | $43.34 | +8.3% | COM | 000868109 |
| CTBI | COMMUNITY TR BANCORP INC | 55,000 | $3.108M | 0.6% | $54.96 | -0.2% | COM | 204149108 |
| USCB | USCB FINANCIAL HOLDINGS INC | 167,800 | $3.091M | 0.5% | $14.10 | +26.7% | CLASS A COM | 90355N101 |
| BWB | BRIDGEWATER BANCSHARES INC | 176,000 | $3.085M | 0.5% | $12.26 | +41.6% | COM | 108621103 |
| ONB | OLD NATL BANCORP IND | 135,000 | $3.012M | 0.5% | $21.40 | +0.8% | COM | 680033107 |
| EFSC | ENTERPRISE FINL SVCS CORP | 55,559 | $3M | 0.5% | $42.19 | +29.6% | COM | 293712105 |
| FSUN | FIRSTSUN CAP BANCORP | 75,000 | $2.823M | 0.5% | $39.73 | -8.3% | COM | 33767U107 |
| RJF | RAYMOND JAMES FINL INC | 17,000 | $2.73M | 0.5% | $160.93 | 0.0% | COM | 754730109 |
| FMBH | FIRST MID ILL BANCSHARES INC | 70,000 | $2.73M | 0.5% | $35.42 | +6.5% | COM | 320866106 |
| WTFC | WINTRUST FINL CORP | 19,000 | $2.657M | 0.5% | $104.03 | +27.8% | COM | 97650W108 |
| BCOW | 1895 Bancorp Of Wisconsin, Inc. | 225,838 | $2.529M | 0.4% | $11.03 | -1.7% | NON 13F SECURITY | 28253R105 |
| IVZ | INVESCO LTD | 95,335 | $2.504M | 0.4% | $17.94 | +35.6% | SHS | G491BT108 |
| CBNK | CAPITAL BANCORP INC MD | 87,829 | $2.474M | 0.4% | $18.22 | +56.7% | COM | 139737100 |
| BK | BANK NEW YORK MELLON CORP | 19,500 | $2.264M | 0.4% | $91.85 | +20.3% | COM | 064058100 |
| EQFN | Equitable Financial Corp. | 147,513 | $2.236M | 0.4% | $9.95 | +53.5% | NON 13F SECURITY | 29448T105 |
| HBCP | HOME BANCORP INC | 37,802 | $2.185M | 0.4% | $24.12 | +129.2% | COM | 43689E107 |
| CADE | CADENCE BANK | 49,750 | $2.131M | 0.4% | $37.12 | +6.2% | COM | 12740C103 |
| CCBG | CAPITAL CITY BK GROUP INC | 50,000 | $2.128M | 0.4% | $30.32 | +36.9% | COM | 139674105 |
| CRBG | COREBRIDGE FINL INC | 70,000 | $2.112M | 0.4% | $33.37 | -8.4% | COM | 21871X109 |
| PCB | PCB BANCORP | 96,363 | $2.086M | 0.4% | $17.96 | +20.1% | COM | 69320M109 |
| WNEB | WESTERN NEW ENG BANCORP INC | 164,888 | $2.081M | 0.4% | $8.93 | +33.5% | COM | 958892101 |
| ESQ | ESQUIRE FINL HLDGS INC | 20,000 | $2.041M | 0.4% | $24.82 | +307.3% | COM | 29667J101 |
| — | FLAGSTAR BANK NATIONAL ASSOC | 47,149 | $1.888M | 0.3% | $33.61 | — | UNIT 05/07/2051 | 64944P307 |
| PEBK | PEOPLES BANCORP N C INC | 49,958 | $1.808M | 0.3% | $26.55 | +21.3% | COM | 710577107 |
| MBBC | MARATHON BANCORP INC | 145,100 | $1.764M | 0.3% | $10.05 | +11.1% | COM NEW | 565759206 |
| MIAX | MIAMI INTL HLDGS INC | 38,675 | $1.716M | 0.3% | $36.58 | +21.9% | COM | 59356Q108 |
| BKU | BANKUNITED INC | 35,000 | $1.56M | 0.3% | $21.81 | +88.4% | COM | 06652K103 |
| — | Banc of California 7.75 Non-Cumulative Perpetual Preferred Stock, Series A | 60,000 | $1.511M | 0.3% | $23.22 | — | NON 13F SECURITY | 05990K841 |
| SFST | SOUTHERN FIRST BANCSHARES | 28,644 | $1.476M | 0.3% | $43.30 | +10.8% | COM | 842873101 |
| HOMB | HOME BANCSHARES INC | 51,400 | $1.428M | 0.3% | $23.12 | +20.0% | COM | 436893200 |
| SBCF | SEACOAST BKG CORP FLA | 45,000 | $1.414M | 0.3% | $29.45 | +5.8% | COM NEW | 811707801 |
| WLFC | WILLIS LEASE FIN CORP | 10,083 | $1.368M | 0.2% | $14.76 | +776.7% | COM | 970646105 |
| AFBI | AFFINITY BANCSHARES INC | 56,439 | $1.152M | 0.2% | $17.85 | +9.7% | COM | 00832E103 |
| HOPE | HOPE BANCORP INC | 105,000 | $1.151M | 0.2% | $11.24 | -4.1% | COM | 43940T109 |
| WRIV | White River Bancshares Co | 18,500 | $916K | 0.2% | $24.50 | +93.3% | NON 13F SECURITY | 96445A108 |
| ECBK | ECB BANCORP INC | 45,500 | $791K | 0.1% | $14.18 | +17.1% | COM | 26828M106 |
| AVBC | AVIDIA BANCORP INC | 38,250 | $643K | 0.1% | $15.09 | +3.6% | COMMON STOCK | 05369T100 |
| MRBK | MERIDIAN CORPORATION | 34,523 | $607K | 0.1% | $15.29 | +1.1% | COM | 58958P104 |
| WT | WISDOMTREE INC | 35,000 | $427K | 0.1% | $9.36 | +29.1% | COM | 97717P104 |
| LCNB | LCNB CORP | 20,500 | $336K | 0.1% | $15.59 | 0.0% | COM | 50181P100 |
| FVCB | FVCBANKCORP INC | 18,287 | $254K | 0.0% | $11.83 | +7.6% | COM | 36120Q101 |
| BEN | FRANKLIN RESOURCES INC | 10,000 | $239K | 0.0% | $22.66 | 0.0% | COM | 354613101 |