JCSD Capital, LLC Hedge Fund

CIK: 0001444055 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 13, 2018

Total Value ($000): $119,779 (99.8% shares, 0.2% debt)

Holdings (39)

— Pacific Premier Bancorp 8.2%

Value ($000) $9,800 Shares 245,000 Est. Cost $18.25 Unrealized —

— First Bancshares Inc MS 8.2%

Value ($000) $9,771 Shares 285,690 Est. Cost $16.56 Unrealized —

— Franklin Financial Network 6.3%

Value ($000) $7,604 Shares 223,003 Est. Cost $24.45 Unrealized —

HOMB Home Bancshares, Inc. 5.7%

Value ($000) $6,852 Shares 294,693 Est. Cost $23.97 Unrealized -2.5%

— Evans Bancorp Inc 5.2%

Value ($000) $6,199 Shares 147,958 Est. Cost $26.19 Unrealized —

FBNC First Bancorp NC 4.9%

Value ($000) $5,826 Shares 165,000 Est. Cost $24.85 Unrealized +23.2%

— Northern States Financial Corp 4.0%

Value ($000) $4,750 Shares 5,937,685 Est. Cost $0.67 Unrealized —

BUSE First Busey Corp 3.7%

Value ($000) $4,403 Shares 147,062 Est. Cost $14.66 Unrealized +54.2%

ONB Old Natl Bancorp IND 3.7%

Value ($000) $4,397 Shares 252,000 Est. Cost $12.65 Unrealized +42.0%

— Grandsouth Bancorporation 3.5%

Value ($000) $4,154 Shares 296,706 Est. Cost $13.56 Unrealized —

— Bank of the Ozarks Inc 3.4%

Value ($000) $4,118 Shares 85,000 Est. Cost $45.54 Unrealized —

— Bay Banks of Virginia, Inc. 3.4%

Value ($000) $4,038 Shares 389,190 Est. Cost $9.61 Unrealized —

OPBK OP Bancorp 3.2%

Value ($000) $3,869 Shares 394,816 Est. Cost $9.12 Unrealized +4.2%

— Northwest Bancorporation 3.0%

Value ($000) $3,563 Shares 286,198 Est. Cost $9.19 Unrealized —

— Pacwest Bancorp DEL 2.9%

Value ($000) $3,478 Shares 69,004 Est. Cost $50.40 Unrealized —

TFIN Triumph Bancorp Inc 2.7%

Value ($000) $3,219 Shares 102,200 Est. Cost $14.05 Unrealized +124.9%

HTBK Heritage Commerce Corp 2.6%

Value ($000) $3,141 Shares 205,000 Est. Cost $8.61 Unrealized +76.8%

— BOFI Hldg Inc 2.6%

Value ($000) $3,140 Shares 105,000 Est. Cost $22.08 Unrealized —

— FCB Financial Holdings Inc CL A 2.5%

Value ($000) $3,048 Shares 60,000 Est. Cost $32.62 Unrealized —

— US Metro Bank 2.5%

Value ($000) $2,959 Shares 700,339 Est. Cost $4.23 Unrealized —

— Bank of Commerce Holdings 2.4%

Value ($000) $2,846 Shares 247,454 Est. Cost $8.97 Unrealized —

CFR Cullen Frost Bankers Inc 2.2%

Value ($000) $2,603 Shares 27,500 Est. Cost $38.79 Unrealized +95.3%

ORPB Oregon Pacific Bancorp 1.3%

Value ($000) $1,579 Shares 323,534 Est. Cost $4.63 Unrealized 0.0%

— Green Bancorp Inc 1.3%

Value ($000) $1,545 Shares 76,100 Est. Cost $9.62 Unrealized —

— Metro Phoenix Bank 1.3%

Value ($000) $1,500 Shares 166,667 Est. Cost $9.00 Unrealized —

PMHG Prime Meridian Holding Company 1.2%

Value ($000) $1,476 Shares 65,600 Est. Cost $19.02 Unrealized —

WTBFB W.T.B Financial Corporation 1.2%

Value ($000) $1,416 Shares 4,000 Est. Cost $281.24 Unrealized +13.8%

— Highlands Bancorp, Inc. 1.2%

Value ($000) $1,392 Shares 107,527 Est. Cost $12.95 Unrealized —

— Citizens Commerce Bancshares, Inc. 1.0%

Value ($000) $1,229 Shares 1,931,819 Est. Cost $0.64 Unrealized —

— Bank of Fincastle 0.9%

Value ($000) $1,058 Shares 486,486 Est. Cost $2.17 Unrealized —

HOPE Hope Bancorp Inc 0.8%

Value ($000) $990 Shares 54,238 Est. Cost $16.20 Unrealized +12.0%

— MB Financial Inc New 0.7%

Value ($000) $890 Shares 20,000 Est. Cost $32.86 Unrealized —

COLB Columbia Bkg Sys Inc 0.7%

Value ($000) $869 Shares 20,000 Est. Cost $17.83 Unrealized +70.3%

WBS Webster Financial Corp Conn 0.7%

Value ($000) $842 Shares 15,000 Est. Cost $30.92 Unrealized +77.0%

— First South Bancorp, Inc. 0.7%

Value ($000) $815 Shares 1,597,246 Est. Cost $0.78 Unrealized —

— Iberiabank Corp 0.1%

Value ($000) $155 Shares 2,000 Est. Cost $77.50 Unrealized —

— Home Bancshares, Inc. March 16 2018 22.50 0.1%

Value ($000) $152 Shares 910 Est. Cost — Unrealized —

— SPDR S&P 500 ETF Trust Jan 19 2018 260 0.1%

Value ($000) $69 Shares 930 Est. Cost — Unrealized —

— BOFI Hldg Inc April 20 2018 30 0.0%

Value ($000) $24 Shares 110 Est. Cost — Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	Pacific Premier Bancorp	245,000	$9,800	8.2%	$18.25	—	common	69478X105
—	First Bancshares Inc MS	285,690	$9,771	8.2%	$16.56	—	common	318916103
—	Franklin Financial Network	223,003	$7,604	6.3%	$24.45	—	common	35352P104
HOMB	Home Bancshares, Inc.	294,693	$6,852	5.7%	$23.97	-2.5%	common	436893200
—	Evans Bancorp Inc	147,958	$6,199	5.2%	$26.19	—	common	29911Q208
FBNC	First Bancorp NC	165,000	$5,826	4.9%	$24.85	+23.2%	common	318910106
—	Northern States Financial Corp	5,937,685	$4,750	4.0%	$0.67	—	common	665751103
BUSE	First Busey Corp	147,062	$4,403	3.7%	$14.66	+54.2%	common	319383204
ONB	Old Natl Bancorp IND	252,000	$4,397	3.7%	$12.65	+42.0%	common	680033107
—	Grandsouth Bancorporation	296,706	$4,154	3.5%	$13.56	—	common	386627301
—	Bank of the Ozarks Inc	85,000	$4,118	3.4%	$45.54	—	common	063904106
—	Bay Banks of Virginia, Inc.	389,190	$4,038	3.4%	$9.61	—	common	072035108
OPBK	OP Bancorp	394,816	$3,869	3.2%	$9.12	+4.2%	common	67109R109
—	Northwest Bancorporation	286,198	$3,563	3.0%	$9.19	—	common	667337109
—	Pacwest Bancorp DEL	69,004	$3,478	2.9%	$50.40	—	common	695263103
TFIN	Triumph Bancorp Inc	102,200	$3,219	2.7%	$14.05	+124.9%	common	89679E300
HTBK	Heritage Commerce Corp	205,000	$3,141	2.6%	$8.61	+76.8%	common	426927109
—	BOFI Hldg Inc	105,000	$3,140	2.6%	$22.08	—	common	05566U108
—	FCB Financial Holdings Inc CL A	60,000	$3,048	2.5%	$32.62	—	common	30255G103
—	US Metro Bank	700,339	$2,959	2.5%	$4.23	—	common	90343B102
—	Bank of Commerce Holdings	247,454	$2,846	2.4%	$8.97	—	common	06424J103
CFR	Cullen Frost Bankers Inc	27,500	$2,603	2.2%	$38.79	+95.3%	common	229899109
ORPB	Oregon Pacific Bancorp	323,534	$1,579	1.3%	$4.63	0.0%	common	686040205
—	Green Bancorp Inc	76,100	$1,545	1.3%	$9.62	—	common	39260X100
—	Metro Phoenix Bank	166,667	$1,500	1.3%	$9.00	—	common	59165E106
PMHG	Prime Meridian Holding Company	65,600	$1,476	1.2%	$19.02	—	common	74164R107
WTBFB	W.T.B Financial Corporation	4,000	$1,416	1.2%	$281.24	+13.8%	common	929334209
—	Highlands Bancorp, Inc.	107,527	$1,392	1.2%	$12.95	—	common	430887109
—	Citizens Commerce Bancshares, Inc.	1,931,819	$1,229	1.0%	$0.64	—	common	17452P101
—	Bank of Fincastle	486,486	$1,058	0.9%	$2.17	—	common	062113105
HOPE	Hope Bancorp Inc	54,238	$990	0.8%	$16.20	+12.0%	common	43940T109
—	MB Financial Inc New	20,000	$890	0.7%	$32.86	—	common	55264U108
COLB	Columbia Bkg Sys Inc	20,000	$869	0.7%	$17.83	+70.3%	common	197236102
WBS	Webster Financial Corp Conn	15,000	$842	0.7%	$30.92	+77.0%	common	947890109
—	First South Bancorp, Inc.	1,597,246	$815	0.7%	$0.78	—	common	33646D102
—	Iberiabank Corp	2,000	$155	0.1%	$77.50	—	common	450828108
—	Home Bancshares, Inc. March 16 2018 22.50	910	$152	0.1%	—	—	Call	436893900
—	SPDR S&P 500 ETF Trust Jan 19 2018 260	930	$69	0.1%	—	—	Put	78462F953
—	BOFI Hldg Inc April 20 2018 30	110	$24	0.0%	—	—	Call	05566U908