MALTESE CAPITAL MANAGEMENT LLC Diversified Active

CIK: 0001040762 · Show all filings

Period: Q2 2014 (← Previous) (Next →)

Filing Date: Aug 14, 2014

Total Value ($000): $767,793 (100.0% shares, 0.0% debt)

Holdings (175)

State Bank Financial Corporation 4.7%
Value ($000) $35,765 Shares 2,115,000 Est. Cost $15.03 Unrealized
United Community Financial Corp. 2.3%
Value ($000) $18,027 Shares 4,365,000 Est. Cost $4.24 Unrealized
First Midwest Bancorp, Inc. 2.3%
Value ($000) $17,677 Shares 1,038,000 Est. Cost $15.08 Unrealized
First NBC Bank Holding Company 2.1%
Value ($000) $16,497 Shares 492,300 Est. Cost $24.40 Unrealized
HTH Hilltop Holdings Inc. 1.9%
Value ($000) $14,882 Shares 700,000 Est. Cost $22.44 Unrealized -2.4%
MS Morgan Stanley 1.9%
Value ($000) $14,325 Shares 443,100 Est. Cost $21.22 Unrealized +7.0%
Southwest Bancorp, Inc. 1.7%
Value ($000) $13,315 Shares 780,500 Est. Cost $13.67 Unrealized
AMH American Homes 4 Rent 1.7%
Value ($000) $13,196 Shares 743,000 Est. Cost $16.20 Unrealized
OSG Ambac Financial Group, Inc. 1.6%
Value ($000) $12,298 Shares 450,300 Est. Cost $22.78 Unrealized +27.3%
Investors Bancorp, Inc. 1.5%
Value ($000) $11,815 Shares 1,069,250 Est. Cost $11.05 Unrealized
IBCP Independent Bank Corporation 1.5%
Value ($000) $11,658 Shares 905,800 Est. Cost $5.98 Unrealized +47.5%
Territorial Bancorp Inc. 1.5%
Value ($000) $11,380 Shares 545,000 Est. Cost $22.32 Unrealized
Century Bancorp, Inc. 1.5%
Value ($000) $11,369 Shares 321,700 Est. Cost $34.83 Unrealized
City National Corporation 1.4%
Value ($000) $10,985 Shares 145,000 Est. Cost $69.72 Unrealized
Palmetto Bancshares, Inc. 1.4%
Value ($000) $10,535 Shares 732,095 Est. Cost $13.00 Unrealized
JPM JPMorgan Chase & Co. 1.2%
Value ($000) $9,507 Shares 165,000 Est. Cost $37.14 Unrealized +10.9%
HF Financial Corp. 1.2%
Value ($000) $9,110 Shares 655,900 Est. Cost $13.01 Unrealized
Hudson City Bancorp, Inc. 1.2%
Value ($000) $8,962 Shares 911,656 Est. Cost $9.83 Unrealized
FCNCA First Citizens BancShares, Inc. 1.1%
Value ($000) $8,796 Shares 35,900 Est. Cost $183.72 Unrealized +21.6%
FFBC First Financial Bancorp. 1.1%
Value ($000) $8,658 Shares 503,100 Est. Cost $9.58 Unrealized +13.2%
CoBiz Financial Inc. 1.1%
Value ($000) $8,563 Shares 795,100 Est. Cost $9.06 Unrealized
HTBK Heritage Commerce Corp 1.1%
Value ($000) $8,488 Shares 1,038,900 Est. Cost $7.47 Unrealized +8.4%
Call - MTB $73.86 Exp 12/23/2018 1.0%
Value ($000) $7,989 Shares 159,200 Est. Cost $50.18 Unrealized
Chemical Financial Corporation 1.0%
Value ($000) $7,980 Shares 284,200 Est. Cost $28.14 Unrealized
BKU BankUnited, Inc. 1.0%
Value ($000) $7,928 Shares 236,800 Est. Cost $22.37 Unrealized +5.1%
HopFed Bancorp, Inc. 1.0%
Value ($000) $7,896 Shares 679,503 Est. Cost $10.80 Unrealized
SMBC Southern Missouri Bancorp, Inc. 1.0%
Value ($000) $7,859 Shares 220,205 Est. Cost $10.20 Unrealized +41.4%
Fox Chase Bancorp, Inc. 1.0%
Value ($000) $7,807 Shares 463,021 Est. Cost $17.00 Unrealized
CMA Comerica Incorporated 1.0%
Value ($000) $7,629 Shares 152,100 Est. Cost $31.73 Unrealized +1.2%
Boston Private Financial Holdings, Inc. 1.0%
Value ($000) $7,536 Shares 560,700 Est. Cost $10.64 Unrealized
IVZ Invesco Ltd. 1.0%
Value ($000) $7,527 Shares 199,400 Est. Cost $19.55 Unrealized +12.2%
WSBF Waterstone Financial Inc. 1.0%
Value ($000) $7,417 Shares 650,000 Est. Cost $10.47 Unrealized +2.4%
STT State Street Corporation 1.0%
Value ($000) $7,399 Shares 110,000 Est. Cost $46.71 Unrealized +2.5%
Guaranty Bancorp 0.9%
Value ($000) $7,228 Shares 520,000 Est. Cost $12.93 Unrealized
NBHC National Bank Holdings Corporation 0.9%
Value ($000) $7,019 Shares 352,000 Est. Cost $15.20 Unrealized +2.0%
1st Century Bancshares, Inc. 0.9%
Value ($000) $6,821 Shares 899,900 Est. Cost $6.17 Unrealized
Malvern Bancorp, Inc. 0.9%
Value ($000) $6,746 Shares 640,675 Est. Cost $11.97 Unrealized
WSFS WSFS Financial Corporation 0.9%
Value ($000) $6,667 Shares 90,500 Est. Cost $23.45 Unrealized -1.0%
IROQ IF Bancorp, Inc. 0.8%
Value ($000) $6,359 Shares 385,600 Est. Cost $15.28 Unrealized +6.4%
American River Bankshares 0.8%
Value ($000) $6,066 Shares 694,000 Est. Cost $8.22 Unrealized
SBCF Seacoast Banking Corporation of Florida 0.8%
Value ($000) $5,857 Shares 538,800 Est. Cost $11.21 Unrealized -5.1%
SI Financial Group, Inc. 0.8%
Value ($000) $5,857 Shares 508,898 Est. Cost $11.15 Unrealized
BANF BancFirst Corporation 0.8%
Value ($000) $5,788 Shares 93,500 Est. Cost $16.45 Unrealized +41.6%
Evans Bancorp, Inc. 0.7%
Value ($000) $5,716 Shares 246,900 Est. Cost $17.56 Unrealized
Call - ZION $36.27 Exp 11/14/2018 0.7%
Value ($000) $5,658 Shares 1,768,160 Est. Cost $3.20 Unrealized
OSBC Old Second Bancorp, Inc. 0.7%
Value ($000) $5,591 Shares 1,125,000 Est. Cost $4.39 Unrealized 0.0%
Prudential Bancorp, Inc. 0.7%
Value ($000) $5,557 Shares 482,800 Est. Cost $10.80 Unrealized
Coastway Bancorp, Inc. 0.7%
Value ($000) $5,317 Shares 486,000 Est. Cost $10.28 Unrealized
BMRC Bank of Marin Bancorp 0.7%
Value ($000) $5,316 Shares 116,600 Est. Cost $14.99 Unrealized +5.9%
NMIH NMI Holdings 0.7%
Value ($000) $5,114 Shares 487,000 Est. Cost $13.30 Unrealized -17.6%
OFG OFG Bancorp 0.7%
Value ($000) $5,063 Shares 275,000 Est. Cost $17.72 Unrealized 0.0%
MainSource Financial Group, Inc. 0.6%
Value ($000) $4,977 Shares 288,500 Est. Cost $14.33 Unrealized
Lazard Ltd 0.6%
Value ($000) $4,898 Shares 95,000 Est. Cost $34.15 Unrealized
Bridge Bancorp, Inc. 0.6%
Value ($000) $4,774 Shares 199,000 Est. Cost $23.61 Unrealized
Xenith Bankshares, Inc. 0.6%
Value ($000) $4,751 Shares 750,600 Est. Cost $5.41 Unrealized
C Citigroup Inc. 0.6%
Value ($000) $4,696 Shares 99,700 Est. Cost $36.18 Unrealized -2.1%
NRIM Northrim BanCorp, Inc. 0.6%
Value ($000) $4,603 Shares 180,000 Est. Cost $3.58 Unrealized +14.5%
CenterState Banks, Inc. 0.6%
Value ($000) $4,588 Shares 409,600 Est. Cost $11.17 Unrealized
Laporte Bancorp Inc. 0.6%
Value ($000) $4,577 Shares 416,100 Est. Cost $10.12 Unrealized
SAMG Silvercrest Asset Management Group Inc. 0.6%
Value ($000) $4,475 Shares 260,000 Est. Cost $13.19 Unrealized +32.3%
SHBI Shore Bancshares, Inc. 0.6%
Value ($000) $4,442 Shares 493,000 Est. Cost $9.34 Unrealized 0.0%
Sun Bancorp, Inc. 0.6%
Value ($000) $4,417 Shares 1,101,416 Est. Cost $4.01 Unrealized
Stonegate Mortgage Corp 0.6%
Value ($000) $4,408 Shares 316,010 Est. Cost $16.53 Unrealized
LKFN Lakeland Financial Corporation 0.6%
Value ($000) $4,346 Shares 113,900 Est. Cost $18.53 Unrealized 0.0%
NBTB NBT Bancorp Inc. 0.6%
Value ($000) $4,331 Shares 180,300 Est. Cost $23.80 Unrealized -2.0%
FCCO First Community Corporation 0.6%
Value ($000) $4,311 Shares 404,800 Est. Cost $6.72 Unrealized +21.6%
Hamilton Bancorp Inc. 0.6%
Value ($000) $4,274 Shares 330,000 Est. Cost $13.24 Unrealized
Peoples Federal Bancshares, Inc. 0.5%
Value ($000) $4,165 Shares 225,600 Est. Cost $18.07 Unrealized
FirstMerit Corporation 0.5%
Value ($000) $4,142 Shares 209,700 Est. Cost $20.83 Unrealized
WTFC Wintrust Financial Corporation 0.5%
Value ($000) $4,140 Shares 90,000 Est. Cost $36.77 Unrealized +23.3%
UCB United Community Banks, Inc. 0.5%
Value ($000) $4,114 Shares 251,300 Est. Cost $12.53 Unrealized +33.7%
MOFG MidWestOne Financial Group, Inc. 0.5%
Value ($000) $3,958 Shares 165,000 Est. Cost $23.95 Unrealized +1.1%
Chicopee Bancorp, Inc. 0.5%
Value ($000) $3,944 Shares 232,000 Est. Cost $16.90 Unrealized
KEY KeyCorp 0.5%
Value ($000) $3,941 Shares 275,000 Est. Cost $8.87 Unrealized 0.0%
1st United Bancorp, Inc. 0.5%
Value ($000) $3,879 Shares 450,000 Est. Cost $6.72 Unrealized
United Community Bancorp 0.5%
Value ($000) $3,870 Shares 329,100 Est. Cost $10.42 Unrealized
Standard Financial Corp. 0.5%
Value ($000) $3,830 Shares 196,500 Est. Cost $19.49 Unrealized
Bridge Capital Holdings 0.5%
Value ($000) $3,813 Shares 157,500 Est. Cost $15.86 Unrealized
PFBC Preferred Bank 0.5%
Value ($000) $3,782 Shares 160,000 Est. Cost $16.08 Unrealized +44.4%
SFNC Simmons First National Corporation 0.5%
Value ($000) $3,781 Shares 96,000 Est. Cost $13.71 Unrealized +41.7%
RF Regions Financial Corporation 0.5%
Value ($000) $3,717 Shares 350,000 Est. Cost $7.03 Unrealized 0.0%
Wolverine Bancorp, Inc. 0.5%
Value ($000) $3,637 Shares 160,200 Est. Cost $19.04 Unrealized
AIG American International Group, Inc. 0.5%
Value ($000) $3,548 Shares 65,000 Est. Cost $40.41 Unrealized 0.0%
Heritage Oaks Bancorp 0.5%
Value ($000) $3,545 Shares 464,600 Est. Cost $6.69 Unrealized
Wilshire Bancorp, Inc. 0.5%
Value ($000) $3,492 Shares 340,000 Est. Cost $6.62 Unrealized
Polonia Bancorp, Inc. 0.5%
Value ($000) $3,478 Shares 337,000 Est. Cost $9.38 Unrealized
USB U.S. Bancorp 0.5%
Value ($000) $3,466 Shares 80,000 Est. Cost $24.24 Unrealized +15.2%
BSRR Sierra Bancorp 0.4%
Value ($000) $3,440 Shares 217,700 Est. Cost $9.11 Unrealized +17.9%
First Busey Corporation 0.4%
Value ($000) $3,428 Shares 590,000 Est. Cost $4.86 Unrealized
RVSB Riverview Bancorp, Inc. 0.4%
Value ($000) $3,395 Shares 875,000 Est. Cost $1.95 Unrealized +43.0%
First Citizens Banc Corp, Inc. Series B Conv. Pfd. 0.4%
Value ($000) $3,291 Shares 109,700 Est. Cost $29.75 Unrealized
Jacksonville Bancorp, Inc. 0.4%
Value ($000) $3,283 Shares 312,707 Est. Cost $12.13 Unrealized
Poage Bankshares, Inc. 0.4%
Value ($000) $3,245 Shares 220,000 Est. Cost $15.00 Unrealized
Alliance Bancorp, Inc. of Pennsylvania 0.4%
Value ($000) $3,185 Shares 196,100 Est. Cost $13.75 Unrealized
WD Walker & Dunlop, Inc. 0.4%
Value ($000) $3,175 Shares 225,000 Est. Cost $14.09 Unrealized -11.3%
State Investors Bancorp, Inc. 0.4%
Value ($000) $3,174 Shares 198,400 Est. Cost $14.86 Unrealized
CZNC Citizens & Northern Corporation 0.4%
Value ($000) $3,037 Shares 155,800 Est. Cost $10.64 Unrealized -2.3%
HIFS Hingham Institution for Savings 0.4%
Value ($000) $2,954 Shares 37,200 Est. Cost $55.77 Unrealized +13.6%
Louisiana Bancorp, Inc. 0.4%
Value ($000) $2,883 Shares 145,300 Est. Cost $17.00 Unrealized
WAFD Washington Federal, Inc. 0.4%
Value ($000) $2,804 Shares 125,000 Est. Cost $15.81 Unrealized -1.0%
Bay Banks of Virginia, Inc. 0.4%
Value ($000) $2,762 Shares 476,200 Est. Cost $5.80 Unrealized
Sterling Bancorp 0.4%
Value ($000) $2,700 Shares 225,000 Est. Cost $12.00 Unrealized
MBWM Mercantile Bank Corporation 0.3%
Value ($000) $2,631 Shares 115,000 Est. Cost $12.50 Unrealized +4.0%
ASB Bancorp, Inc. 0.3%
Value ($000) $2,600 Shares 124,000 Est. Cost $16.41 Unrealized
Bank Mutual Corporation 0.3%
Value ($000) $2,523 Shares 435,000 Est. Cost $5.66 Unrealized
Susquehanna Bancshares, Inc. 0.3%
Value ($000) $2,516 Shares 238,300 Est. Cost $11.37 Unrealized
West End Indiana Bancshares, Inc. 0.3%
Value ($000) $2,506 Shares 130,500 Est. Cost $19.20 Unrealized
HTB HomeTrust Bancshares, Inc. 0.3%
Value ($000) $2,384 Shares 151,200 Est. Cost $16.07 Unrealized -3.8%
Astoria Financial Corporation 0.3%
Value ($000) $2,354 Shares 175,000 Est. Cost $13.45 Unrealized
MB Financial, Inc. 0.3%
Value ($000) $2,332 Shares 86,200 Est. Cost $26.80 Unrealized
Colonial Financial Services, Inc. 0.3%
Value ($000) $2,330 Shares 184,300 Est. Cost $13.35 Unrealized
WLFC Willis Lease Finance Corporation 0.3%
Value ($000) $2,207 Shares 90,000 Est. Cost $13.54 Unrealized +51.5%
Stonegate Bank 0.3%
Value ($000) $2,167 Shares 86,000 Est. Cost $25.20 Unrealized
AJS Bancorp, Inc. 0.3%
Value ($000) $2,074 Shares 170,000 Est. Cost $12.20 Unrealized
ZION Zions Bancorporation 0.3%
Value ($000) $2,063 Shares 70,000 Est. Cost $30.24 Unrealized -2.8%
WTBA West Bancorporation, Inc. 0.3%
Value ($000) $2,056 Shares 135,000 Est. Cost $12.28 Unrealized +19.7%
Old Line Bancshares, Inc. 0.3%
Value ($000) $2,049 Shares 130,000 Est. Cost $13.19 Unrealized
Access National Corporation 0.3%
Value ($000) $2,047 Shares 135,000 Est. Cost $13.16 Unrealized
DCB Financial Corp 0.3%
Value ($000) $2,025 Shares 270,000 Est. Cost $7.50 Unrealized
Fraternity Community Bancorp, Inc. 0.3%
Value ($000) $2,023 Shares 134,700 Est. Cost $15.02 Unrealized
Georgetown Bancorp, Inc. 0.3%
Value ($000) $1,989 Shares 123,487 Est. Cost $14.20 Unrealized
DHI D.R. Horton, Inc. 0.3%
Value ($000) $1,966 Shares 80,000 Est. Cost $20.12 Unrealized 0.0%
National Penn Bancshares, Inc. 0.3%
Value ($000) $1,955 Shares 184,800 Est. Cost $10.45 Unrealized
HFBL Home Federal Bancorp, Inc. of Louisiana 0.2%
Value ($000) $1,900 Shares 100,000 Est. Cost $8.84 Unrealized +4.9%
FBIZ First Business Financial Services, Inc. 0.2%
Value ($000) $1,881 Shares 40,000 Est. Cost $12.82 Unrealized +34.0%
Capital Bank Financial Corporation 0.2%
Value ($000) $1,820 Shares 77,100 Est. Cost $19.02 Unrealized
Heartland Financial USA, Inc. 0.2%
Value ($000) $1,793 Shares 72,500 Est. Cost $24.73 Unrealized
Call - AMBC $16.67 Exp 4/30/2023 0.2%
Value ($000) $1,678 Shares 100,000 Est. Cost $16.78 Unrealized
ESSA Bancorp, Inc. 0.2%
Value ($000) $1,670 Shares 150,000 Est. Cost $11.47 Unrealized
HAFC Hanmi Financial Corporation 0.2%
Value ($000) $1,659 Shares 78,700 Est. Cost $22.44 Unrealized -2.2%
Sandy Spring Bancorp, Inc. 0.2%
Value ($000) $1,644 Shares 66,000 Est. Cost $24.91 Unrealized
Suffolk Bancorp 0.2%
Value ($000) $1,504 Shares 67,400 Est. Cost $16.59 Unrealized
Premier Financial Bancorp, Inc. 0.2%
Value ($000) $1,454 Shares 90,400 Est. Cost $12.04 Unrealized
Call - STI $33.70 Exp 12/31/2018 0.2%
Value ($000) $1,380 Shares 130,960 Est. Cost $10.54 Unrealized
North Valley Bancorp 0.2%
Value ($000) $1,318 Shares 60,500 Est. Cost $16.90 Unrealized
CCNE CNB Financial Corporation 0.2%
Value ($000) $1,294 Shares 77,000 Est. Cost $12.37 Unrealized -5.0%
Jacksonville Bancorp, Inc. (IL) 0.2%
Value ($000) $1,268 Shares 60,000 Est. Cost $19.41 Unrealized
Flagstar Bancorp, Inc. 0.2%
Value ($000) $1,267 Shares 70,000 Est. Cost $18.10 Unrealized
Metro Bancorp Inc. 0.2%
Value ($000) $1,251 Shares 54,100 Est. Cost $21.21 Unrealized
PFS Provident Financial Services, Inc. 0.2%
Value ($000) $1,212 Shares 70,000 Est. Cost $10.34 Unrealized 0.0%
Sunshine Financial Inc. 0.2%
Value ($000) $1,210 Shares 65,400 Est. Cost $18.50 Unrealized
FISI Financial Institutions, Inc. 0.2%
Value ($000) $1,171 Shares 50,000 Est. Cost $14.56 Unrealized 0.0%
Eureka Financial Corporation 0.1%
Value ($000) $1,080 Shares 59,000 Est. Cost $18.31 Unrealized
BEN Franklin Resources, Inc. 0.1%
Value ($000) $1,076 Shares 18,600 Est. Cost $29.91 Unrealized +9.5%
Call - JPM $42.42 Exp 10/28/2018 0.1%
Value ($000) $1,059 Shares 54,800 Est. Cost $19.32 Unrealized
Opus Bank 0.1%
Value ($000) $1,026 Shares 35,307 Est. Cost $29.06 Unrealized
MC Moelis & Company 0.1%
Value ($000) $1,008 Shares 30,000 Est. Cost $13.04 Unrealized 0.0%
PEBK Peoples Bancorp of North Carolina 0.1%
Value ($000) $990 Shares 61,900 Est. Cost $14.41 Unrealized +4.1%
DNB Financial Corporation 0.1%
Value ($000) $890 Shares 41,900 Est. Cost $18.83 Unrealized
EWBC East West Bancorp, Inc. 0.1%
Value ($000) $801 Shares 22,900 Est. Cost $26.68 Unrealized 0.0%
Carroll Bancorp, Inc. 0.1%
Value ($000) $760 Shares 47,169 Est. Cost $16.11 Unrealized
CZWI Citizens Community Bancorp Inc. 0.1%
Value ($000) $732 Shares 86,100 Est. Cost $5.89 Unrealized +12.3%
Meetinghouse Bancorp, Inc. 0.1%
Value ($000) $697 Shares 58,100 Est. Cost $12.00 Unrealized
IBOC International Bancshares Corporation 0.1%
Value ($000) $675 Shares 25,000 Est. Cost $18.15 Unrealized 0.0%
OVLY Oak Valley Bancorp. 0.1%
Value ($000) $645 Shares 65,000 Est. Cost $9.22 Unrealized +6.6%
Fairmount Bancorp Inc. 0.1%
Value ($000) $641 Shares 29,156 Est. Cost $21.99 Unrealized
Clifton Bancorp, Inc. 0.1%
Value ($000) $628 Shares 49,600 Est. Cost $12.66 Unrealized
EVR Evercore Partners Inc. 0.1%
Value ($000) $576 Shares 10,000 Est. Cost $42.58 Unrealized 0.0%
Synovus Financial Corp. 0.1%
Value ($000) $573 Shares 23,500 Est. Cost $8.49 Unrealized
Bank of Commerce Holdings 0.1%
Value ($000) $506 Shares 80,000 Est. Cost $6.26 Unrealized
Pathfinder Bancorp, Inc. 0.1%
Value ($000) $506 Shares 34,900 Est. Cost $13.50 Unrealized
Southcoast Financial Corporation 0.1%
Value ($000) $411 Shares 56,600 Est. Cost $6.63 Unrealized
UBFO United Security Bancshares 0.0%
Value ($000) $371 Shares 66,652 Est. Cost $3.08 Unrealized +8.3%
HMN Financial, Inc. 0.0%
Value ($000) $347 Shares 31,500 Est. Cost $9.21 Unrealized
Sunnyside Bancorp, Inc. 0.0%
Value ($000) $329 Shares 35,000 Est. Cost $9.40 Unrealized
PROV Provident Financial Holdings, Inc. 0.0%
Value ($000) $324 Shares 22,300 Est. Cost $15.40 Unrealized -6.5%
Sugar Creek Financial Corporation 0.0%
Value ($000) $300 Shares 32,600 Est. Cost $9.20 Unrealized
Triangle Capital Corporation 0.0%
Value ($000) $284 Shares 10,000 Est. Cost $28.40 Unrealized
FRME First Merchants Corporation 0.0%
Value ($000) $252 Shares 11,900 Est. Cost $15.12 Unrealized 0.0%
SLRC Solar Capital Ltd. 0.0%
Value ($000) $213 Shares 10,000 Est. Cost $7.28 Unrealized 0.0%
First South Bancorp, Inc. 0.0%
Value ($000) $160 Shares 20,000 Est. Cost $7.80 Unrealized
Community Bankers Trust Corporation 0.0%
Value ($000) $141 Shares 32,100 Est. Cost $4.39 Unrealized
Blackrock Kelso Capital Corporation 0.0%
Value ($000) $91 Shares 10,000 Est. Cost $9.10 Unrealized
Call - FFBC $12.90 Exp 12/23/2018 0.0%
Value ($000) $77 Shares 13,984 Est. Cost $5.51 Unrealized
First Capital Bancorp, Inc. 0.0%
Value ($000) $72 Shares 16,100 Est. Cost $4.59 Unrealized