Petiole USA ltd Long-Term Concentrated

CIK: 0001600202 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 14, 2025

Total Value ($000): $141,547 (100.0% shares, 0.0% debt)

Holdings (38)

FCNCA FIRST CTZNS BANCSHARES INC N 5.8%

Value ($000) $8,186 Shares 4,415 Est. Cost $714.66 Unrealized +183.9%

CBAN COLONY BANKCORP INC 5.3%

Value ($000) $7,474 Shares 462,763 Est. Cost $14.49 Unrealized +10.1%

FXNC FIRST NATL CORP 4.9%

Value ($000) $6,992 Shares 311,440 Est. Cost $19.64 Unrealized +18.9%

— FIRST BANCSHARES INC MISS 4.7%

Value ($000) $6,655 Shares 196,845 Est. Cost $29.63 Unrealized —

WAL WESTERN ALLIANCE BANCORP 4.6%

Value ($000) $6,513 Shares 84,773 Est. Cost $74.08 Unrealized +11.0%

CARE CARTER BANKSHARES INC 4.4%

Value ($000) $6,260 Shares 386,873 Est. Cost $15.22 Unrealized +12.7%

BANC BANC OF CALIFORNIA INC 4.0%

Value ($000) $5,636 Shares 397,167 Est. Cost $18.30 Unrealized -19.3%

ORRF ORRSTOWN FINL SVCS INC 3.8%

Value ($000) $5,311 Shares 176,966 Est. Cost $31.53 Unrealized +2.4%

WBS WEBSTER FINL CORP 3.7%

Value ($000) $5,252 Shares 101,875 Est. Cost $57.93 Unrealized -4.0%

MPB MID PENN BANCORP INC 3.6%

Value ($000) $5,107 Shares 197,111 Est. Cost $26.19 Unrealized +4.1%

HWC HANCOCK WHITNEY CORPORATION 3.2%

Value ($000) $4,522 Shares 86,218 Est. Cost $49.88 Unrealized +12.8%

CCNE CNB FINL CORP PA 3.0%

Value ($000) $4,211 Shares 189,241 Est. Cost $18.28 Unrealized +29.6%

— PINNACLE FINL PARTNERS INC 2.8%

Value ($000) $3,903 Shares 36,804 Est. Cost $91.48 Unrealized —

FRME FIRST MERCHANTS CORP 2.7%

Value ($000) $3,803 Shares 94,047 Est. Cost $34.80 Unrealized +15.7%

SBFG SB FINL GROUP INC 2.6%

Value ($000) $3,666 Shares 176,087 Est. Cost $17.97 Unrealized +18.4%

— SYNOVUS FINL CORP 2.5%

Value ($000) $3,564 Shares 76,253 Est. Cost $45.39 Unrealized —

WTFC WINTRUST FINL CORP 2.4%

Value ($000) $3,346 Shares 29,750 Est. Cost $89.23 Unrealized +38.5%

EBMT EAGLE BANCORP MONT INC 2.2%

Value ($000) $3,161 Shares 188,611 Est. Cost $18.15 Unrealized -13.7%

HBAN HUNTINGTON BANCSHARES INC 2.1%

Value ($000) $3,002 Shares 200,000 Est. Cost $13.43 Unrealized +15.7%

VLY VALLEY NATL BANCORP 2.1%

Value ($000) $2,951 Shares 332,000 Est. Cost $9.70 Unrealized -2.5%

CMA COMERICA INC 2.1%

Value ($000) $2,944 Shares 49,855 Est. Cost $51.79 Unrealized +16.5%

BCAL CALIFORNIA BANCORP 2.0%

Value ($000) $2,803 Shares 195,604 Est. Cost $14.33 Unrealized +7.7%

CFG CITIZENS FINL GROUP INC 2.0%

Value ($000) $2,764 Shares 67,454 Est. Cost $35.16 Unrealized +22.9%

FNWB FIRST NORTHWEST BANCORP 1.9%

Value ($000) $2,669 Shares 262,697 Est. Cost $15.87 Unrealized -34.0%

ISTR INVESTAR HLDG CORP 1.8%

Value ($000) $2,572 Shares 146,069 Est. Cost $18.74 Unrealized +0.1%

ZION ZIONS BANCORPORATION N A 1.8%

Value ($000) $2,493 Shares 50,000 Est. Cost $54.79 Unrealized -1.7%

UMBF UMB FINL CORP 1.7%

Value ($000) $2,439 Shares 24,122 Est. Cost $110.25 Unrealized 0.0%

— SOUTHSTATE CORPORATION 1.7%

Value ($000) $2,387 Shares 25,715 Est. Cost $76.36 Unrealized —

FNB F N B CORP 1.7%

Value ($000) $2,359 Shares 175,421 Est. Cost $12.07 Unrealized +18.2%

BANR BANNER CORP 1.7%

Value ($000) $2,345 Shares 36,765 Est. Cost $40.95 Unrealized +59.0%

FRBA FIRST BK WILLIAMSTOWN NEW JE 1.6%

Value ($000) $2,291 Shares 154,660 Est. Cost $11.05 Unrealized +30.5%

EQBK EQUITY BANCSHARES INC 1.6%

Value ($000) $2,260 Shares 57,364 Est. Cost $26.48 Unrealized +55.9%

FRST PRIMIS FINANCIAL CORP 1.6%

Value ($000) $2,249 Shares 230,222 Est. Cost $12.18 Unrealized -15.9%

COLB COLUMBIA BKG SYS INC 1.6%

Value ($000) $2,239 Shares 89,780 Est. Cost $21.84 Unrealized +16.0%

SHBI SHORE BANCSHARES INC 1.4%

Value ($000) $1,997 Shares 147,487 Est. Cost $14.76 Unrealized +2.1%

CBFV CB FINL SVCS INC 1.4%

Value ($000) $1,977 Shares 69,484 Est. Cost $19.91 Unrealized +39.2%

HAFC HANMI FINL CORP 1.1%

Value ($000) $1,624 Shares 71,651 Est. Cost $22.89 Unrealized +1.1%

HTB HOMETRUST BANCSHARES INC 1.1%

Value ($000) $1,621 Shares 47,295 Est. Cost $24.12 Unrealized +46.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
FCNCA	FIRST CTZNS BANCSHARES INC N	4,415	$8,186	5.8%	$714.66	+183.9%	CL A	31946M103
CBAN	COLONY BANKCORP INC	462,763	$7,474	5.3%	$14.49	+10.1%	COM	19623P101
FXNC	FIRST NATL CORP	311,440	$6,992	4.9%	$19.64	+18.9%	COM	32106V107
—	FIRST BANCSHARES INC MISS	196,845	$6,655	4.7%	$29.63	—	COM	318916103
WAL	WESTERN ALLIANCE BANCORP	84,773	$6,513	4.6%	$74.08	+11.0%	COM	957638109
CARE	CARTER BANKSHARES INC	386,873	$6,260	4.4%	$15.22	+12.7%	COM NEW	146103106
BANC	BANC OF CALIFORNIA INC	397,167	$5,636	4.0%	$18.30	-19.3%	COM	05990K106
ORRF	ORRSTOWN FINL SVCS INC	176,966	$5,311	3.8%	$31.53	+2.4%	COM	687380105
WBS	WEBSTER FINL CORP	101,875	$5,252	3.7%	$57.93	-4.0%	COM	947890109
MPB	MID PENN BANCORP INC	197,111	$5,107	3.6%	$26.19	+4.1%	COM	59540G107
HWC	HANCOCK WHITNEY CORPORATION	86,218	$4,522	3.2%	$49.88	+12.8%	COM	410120109
CCNE	CNB FINL CORP PA	189,241	$4,211	3.0%	$18.28	+29.6%	COM	126128107
—	PINNACLE FINL PARTNERS INC	36,804	$3,903	2.8%	$91.48	—	COM	72346Q104
FRME	FIRST MERCHANTS CORP	94,047	$3,803	2.7%	$34.80	+15.7%	COM	320817109
SBFG	SB FINL GROUP INC	176,087	$3,666	2.6%	$17.97	+18.4%	COM	78408D105
—	SYNOVUS FINL CORP	76,253	$3,564	2.5%	$45.39	—	COM NEW	87161C501
WTFC	WINTRUST FINL CORP	29,750	$3,346	2.4%	$89.23	+38.5%	COM	97650W108
EBMT	EAGLE BANCORP MONT INC	188,611	$3,161	2.2%	$18.15	-13.7%	COM	26942G100
HBAN	HUNTINGTON BANCSHARES INC	200,000	$3,002	2.1%	$13.43	+15.7%	COM	446150104
VLY	VALLEY NATL BANCORP	332,000	$2,951	2.1%	$9.70	-2.5%	COM	919794107
CMA	COMERICA INC	49,855	$2,944	2.1%	$51.79	+16.5%	COM	200340107
BCAL	CALIFORNIA BANCORP	195,604	$2,803	2.0%	$14.33	+7.7%	COM	84252A106
CFG	CITIZENS FINL GROUP INC	67,454	$2,764	2.0%	$35.16	+22.9%	COM	174610105
FNWB	FIRST NORTHWEST BANCORP	262,697	$2,669	1.9%	$15.87	-34.0%	COM	335834107
ISTR	INVESTAR HLDG CORP	146,069	$2,572	1.8%	$18.74	+0.1%	COM	46134L105
ZION	ZIONS BANCORPORATION N A	50,000	$2,493	1.8%	$54.79	-1.7%	COM	989701107
UMBF	UMB FINL CORP	24,122	$2,439	1.7%	$110.25	0.0%	COM	902788108
—	SOUTHSTATE CORPORATION	25,715	$2,387	1.7%	$76.36	—	COM	840441109
FNB	F N B CORP	175,421	$2,359	1.7%	$12.07	+18.2%	COM	302520101
BANR	BANNER CORP	36,765	$2,345	1.7%	$40.95	+59.0%	COM NEW	06652V208
FRBA	FIRST BK WILLIAMSTOWN NEW JE	154,660	$2,291	1.6%	$11.05	+30.5%	COM	31931U102
EQBK	EQUITY BANCSHARES INC	57,364	$2,260	1.6%	$26.48	+55.9%	COM CL A	29460X109
FRST	PRIMIS FINANCIAL CORP	230,222	$2,249	1.6%	$12.18	-15.9%	COM	74167B109
COLB	COLUMBIA BKG SYS INC	89,780	$2,239	1.6%	$21.84	+16.0%	COM	197236102
SHBI	SHORE BANCSHARES INC	147,487	$1,997	1.4%	$14.76	+2.1%	COM	825107105
CBFV	CB FINL SVCS INC	69,484	$1,977	1.4%	$19.91	+39.2%	COM	12479G101
HAFC	HANMI FINL CORP	71,651	$1,624	1.1%	$22.89	+1.1%	COM NEW	410495204
HTB	HOMETRUST BANCSHARES INC	47,295	$1,621	1.1%	$24.12	+46.3%	COM	437872104