JCSD Capital, LLC Hedge Fund

CIK: 0001444055 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $69,075 (99.5% shares, 0.5% debt)

Holdings (32)

UBAB United Bancorporation Ala CL A 8.3%

Value ($000) $5,711 Shares 281,348 Est. Cost $19.02 Unrealized -5.3%

WAL Western Alliance Bancorp 8.1%

Value ($000) $5,571 Shares 147,121 Est. Cost $41.54 Unrealized -25.4%

— Grandsouth Bancorporation 7.3%

Value ($000) $5,048 Shares 339,922 Est. Cost $14.00 Unrealized —

— First Bancshares Inc MS 6.8%

Value ($000) $4,713 Shares 209,450 Est. Cost $16.56 Unrealized —

FFBB Communities First Financial Corp 5.8%

Value ($000) $3,977 Shares 173,647 Est. Cost $25.61 Unrealized -15.2%

ABCB Ameris Bancorp 5.6%

Value ($000) $3,890 Shares 164,904 Est. Cost $35.52 Unrealized -39.1%

— Franklin Financial Network 4.7%

Value ($000) $3,219 Shares 125,000 Est. Cost $25.12 Unrealized —

— Seacoast Commerce Banc Holdings 4.6%

Value ($000) $3,188 Shares 255,000 Est. Cost $12.26 Unrealized —

— Pacific Premier Bancorp 4.3%

Value ($000) $2,970 Shares 137,000 Est. Cost $18.67 Unrealized —

FBNC First Bancorp NC 3.8%

Value ($000) $2,642 Shares 105,353 Est. Cost $24.85 Unrealized -15.2%

MNSB MainStreet Bancshares Inc 3.6%

Value ($000) $2,477 Shares 187,663 Est. Cost $19.42 Unrealized -33.7%

— First Midwest Bancorp DEL 3.3%

Value ($000) $2,261 Shares 169,395 Est. Cost $19.73 Unrealized —

FIBK First Intst Bancsystem CL A 3.1%

Value ($000) $2,122 Shares 68,531 Est. Cost $30.14 Unrealized -26.3%

ISTR Investar Holding Corp 2.9%

Value ($000) $2,011 Shares 138,661 Est. Cost $22.57 Unrealized -43.5%

— US Metro Bank 2.8%

Value ($000) $1,907 Shares 866,722 Est. Cost $3.99 Unrealized —

— Pacific West Bank 2.7%

Value ($000) $1,840 Shares 163,590 Est. Cost $14.76 Unrealized —

— Metro Phoenix Bank 2.5%

Value ($000) $1,739 Shares 176,667 Est. Cost $9.16 Unrealized —

HTBK Heritage Commerce Corp 2.3%

Value ($000) $1,621 Shares 216,000 Est. Cost $8.73 Unrealized -10.2%

ORPB Oregon Pacific Bancorp 2.1%

Value ($000) $1,469 Shares 358,334 Est. Cost $4.73 Unrealized -12.1%

ONB Old Natl Bancorp IND 2.0%

Value ($000) $1,376 Shares 100,000 Est. Cost $12.65 Unrealized +6.6%

BUSE First Busey Corp 2.0%

Value ($000) $1,372 Shares 73,564 Est. Cost $14.66 Unrealized -7.2%

— McHenry Bancorp, Inc. 1.8%

Value ($000) $1,257 Shares 15,000,000 Est. Cost $0.11 Unrealized —

— Veritex Holdings Inc 1.8%

Value ($000) $1,213 Shares 68,550 Est. Cost $22.95 Unrealized —

GWBK Gateway Bank FSB 1.7%

Value ($000) $1,200 Shares 3,000,000 Est. Cost $0.49 Unrealized -16.2%

— Cecil Bancorp, Inc. 1.6%

Value ($000) $1,117 Shares 367,500 Est. Cost $4.00 Unrealized —

— Bank of Fincastle 1.5%

Value ($000) $1,007 Shares 491,336 Est. Cost $2.17 Unrealized —

— Lakeland Bancorp Inc 1.4%

Value ($000) $996 Shares 87,162 Est. Cost $14.93 Unrealized —

— Southcrest Financial Group 0.9%

Value ($000) $589 Shares 96,240 Est. Cost $6.76 Unrealized —

FBK FB Financial Corp 0.4%

Value ($000) $248 Shares 10,000 Est. Cost $20.47 Unrealized 0.0%

— Exchange Listed FDS TR HI YLD ETF July 17 2020 32 0.3%

Value ($000) $241 Shares 680 Est. Cost — Unrealized —

— Invesco Exchange Traded Sr Ln ETF Jul 17 2020 21 0.1%

Value ($000) $44 Shares 1,750 Est. Cost — Unrealized —

— iShares Trust IBOXX HI YD ETF Aug 21 2020 78 0.1%

Value ($000) $39 Shares 350 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
UBAB	United Bancorporation Ala CL A	281,348	$5,711	8.3%	$19.02	-5.3%	common	90944R100
WAL	Western Alliance Bancorp	147,121	$5,571	8.1%	$41.54	-25.4%	common	957638109
—	Grandsouth Bancorporation	339,922	$5,048	7.3%	$14.00	—	common	386627301
—	First Bancshares Inc MS	209,450	$4,713	6.8%	$16.56	—	common	318916103
FFBB	Communities First Financial Corp	173,647	$3,977	5.8%	$25.61	-15.2%	common	20344D104
ABCB	Ameris Bancorp	164,904	$3,890	5.6%	$35.52	-39.1%	common	03076K108
—	Franklin Financial Network	125,000	$3,219	4.7%	$25.12	—	common	35352P104
—	Seacoast Commerce Banc Holdings	255,000	$3,188	4.6%	$12.26	—	common	81171B108
—	Pacific Premier Bancorp	137,000	$2,970	4.3%	$18.67	—	common	69478X105
FBNC	First Bancorp NC	105,353	$2,642	3.8%	$24.85	-15.2%	common	318910106
MNSB	MainStreet Bancshares Inc	187,663	$2,477	3.6%	$19.42	-33.7%	common	56064Y100
—	First Midwest Bancorp DEL	169,395	$2,261	3.3%	$19.73	—	common	320867104
FIBK	First Intst Bancsystem CL A	68,531	$2,122	3.1%	$30.14	-26.3%	common	32055Y201
ISTR	Investar Holding Corp	138,661	$2,011	2.9%	$22.57	-43.5%	common	46134L105
—	US Metro Bank	866,722	$1,907	2.8%	$3.99	—	common	90343B102
—	Pacific West Bank	163,590	$1,840	2.7%	$14.76	—	common	69506W202
—	Metro Phoenix Bank	176,667	$1,739	2.5%	$9.16	—	common	59165E106
HTBK	Heritage Commerce Corp	216,000	$1,621	2.3%	$8.73	-10.2%	common	426927109
ORPB	Oregon Pacific Bancorp	358,334	$1,469	2.1%	$4.73	-12.1%	common	686040205
ONB	Old Natl Bancorp IND	100,000	$1,376	2.0%	$12.65	+6.6%	common	680033107
BUSE	First Busey Corp	73,564	$1,372	2.0%	$14.66	-7.2%	common	319383204
—	McHenry Bancorp, Inc.	15,000,000	$1,257	1.8%	$0.11	—	common	580683100
—	Veritex Holdings Inc	68,550	$1,213	1.8%	$22.95	—	common	923451108
GWBK	Gateway Bank FSB	3,000,000	$1,200	1.7%	$0.49	-16.2%	common	36758P102
—	Cecil Bancorp, Inc.	367,500	$1,117	1.6%	$4.00	—	common	149841306
—	Bank of Fincastle	491,336	$1,007	1.5%	$2.17	—	common	062113105
—	Lakeland Bancorp Inc	87,162	$996	1.4%	$14.93	—	common	511637100
—	Southcrest Financial Group	96,240	$589	0.9%	$6.76	—	common	84129X107
FBK	FB Financial Corp	10,000	$248	0.4%	$20.47	0.0%	common	30257X104
—	Exchange Listed FDS TR HI YLD ETF July 17 2020 32	680	$241	0.3%	—	—	Put	30151E954
—	Invesco Exchange Traded Sr Ln ETF Jul 17 2020 21	1,750	$44	0.1%	—	—	Put	46138G958
—	iShares Trust IBOXX HI YD ETF Aug 21 2020 78	350	$39	0.1%	—	—	Put	464288953