Location: McLean, VA
CIK: 0001599170 · Show all filings
Period: Q4 2025 (← Previous) (Next →)
Filing Date: Feb 13, 2026
Total Value: $906M (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| SSB | SOUTHSTATE BK CORP | 813,033 | $76.51M | 8.4% | $95.00 | -3.3% | COM | 84472E102 |
| HTB | HOMETRUST BANCSHARES INC | 1,693,553 | $72.72M | 8.0% | $25.96 | +59.0% | COM | 437872104 |
| EQBK | EQUITY BANCSHARES INC | 1,225,687 | $54.73M | 6.0% | $32.25 | +32.1% | COM CL A | 29460X109 |
| SBCF | SEACOAST BKG CORP FLA | 1,361,677 | $42.78M | 4.7% | $26.37 | +18.2% | COM NEW | 811707801 |
| SFST | SOUTHERN FIRST BANCSHARES | 807,223 | $41.59M | 4.6% | $36.36 | +31.9% | COM | 842873101 |
| WAL | WESTERN ALLIANCE BANCORP | 432,672 | $36.37M | 4.0% | $79.12 | +1.9% | COM | 957638109 |
| OSBC | OLD SECOND BANCORP INC ILL | 1,829,665 | $35.68M | 3.9% | $11.90 | +56.3% | COM | 680277100 |
| RBB | RBB BANCORP | 1,511,408 | $31.2M | 3.4% | $21.76 | -9.7% | COM | 74930B105 |
| MOFG | MIDWESTONE FINL GROUP INC NE | 797,816 | $30.72M | 3.4% | $28.46 | +28.1% | COM | 598511103 |
| WBS | WEBSTER FINL CORP | 384,743 | $24.22M | 2.7% | $54.78 | +8.4% | COM | 947890109 |
| FRME | FIRST MERCHANTS CORP | 633,668 | $23.75M | 2.6% | $37.94 | -3.0% | COM | 320817109 |
| BCAL | CALIFORNIA BANCORP | 1,271,636 | $23.74M | 2.6% | $15.14 | +20.8% | COM | 84252A106 |
| USB | US BANCORP DEL | 373,433 | $19.93M | 2.2% | $45.61 | +6.8% | COM NEW | 902973304 |
| HBNC | HORIZON BANCORP INC | 1,083,840 | $18.38M | 2.0% | $16.43 | +0.8% | COM | 440407104 |
| SMBC | SOUTHERN MO BANCORP INC | 300,944 | $17.79M | 2.0% | $35.34 | +55.8% | COM | 843380106 |
| EBC | EASTERN BANKSHARES INC | 926,841 | $17.08M | 1.9% | $16.30 | +11.8% | COM | 27627N105 |
| INDB | INDEPENDENT BK CORP MASS | 230,533 | $16.85M | 1.9% | $62.60 | +12.6% | COM | 453836108 |
| ONB | OLD NATL BANCORP IND | 717,018 | $16M | 1.8% | $20.78 | +3.8% | COM | 680033107 |
| ZION | ZIONS BANCORPORATION N A | 239,124 | $14M | 1.5% | $53.63 | +1.5% | COM | 989701107 |
| MS | MORGAN STANLEY | 74,759 | $13.27M | 1.5% | $166.47 | 0.0% | COM NEW | 617446448 |
| IBCP | INDEPENDENT BK CORP MICH | 385,088 | $12.53M | 1.4% | $15.30 | +107.7% | COM NEW | 453838609 |
| WSBC | WESBANCO INC | 347,136 | $11.54M | 1.3% | $31.81 | +1.6% | COM | 950810101 |
| QCRH | QCR HOLDINGS INC | 132,898 | $11.07M | 1.2% | $52.78 | +49.0% | COM | 74727A104 |
| CBNA | CHAIN BRIDGE BANCORP INC | 293,788 | $10.18M | 1.1% | $23.85 | +35.5% | CL A | 15746L100 |
| AVBC | AVIDIA BANCORP INC | 497,258 | $8.359M | 0.9% | $15.09 | +3.6% | COMMON STOCK | 05369T100 |
| JMSB | JOHN MARSHALL BANCORP INC | 412,945 | $8.255M | 0.9% | $18.70 | +5.3% | COM | 47805L101 |
| SKWD | SKYWARD SPECIALTY INS GROUP | 144,736 | $7.397M | 0.8% | $47.44 | +1.3% | COM | 830940102 |
| SF | STIFEL FINL CORP | 58,497 | $7.325M | 0.8% | $116.03 | +3.1% | COM | 860630102 |
| NMRK | NEWMARK GROUP INC | 418,973 | $7.265M | 0.8% | $17.24 | +1.5% | CL A | 65158N102 |
| THG | HANOVER INS GROUP INC | 37,427 | $6.841M | 0.8% | $165.64 | +8.1% | COM | 410867105 |
| HWBK | HAWTHORN BANCSHARES INC | 190,710 | $6.652M | 0.7% | $22.02 | +45.3% | COM | 420476103 |
| TOWN | TOWNEBANK PORTSMOUTH VA | 182,586 | $6.093M | 0.7% | $33.36 | +0.9% | COM | 89214P109 |
| XZO | EXZEO GROUP INC | 237,856 | $5.768M | 0.6% | $19.02 | 0.0% | COM SHS | 30234F101 |
| CINF | CINCINNATI FINL CORP | 32,836 | $5.363M | 0.6% | $144.97 | +11.2% | COM | 172062101 |
| CME | CME GROUP INC | 19,187 | $5.24M | 0.6% | $270.10 | +0.2% | COM | 12572Q105 |
| CVBF | CVB FINL CORP | 275,132 | $5.117M | 0.6% | $18.94 | 0.0% | COM | 126600105 |
| AKR | ACADIA RLTY TR | 247,622 | $5.086M | 0.6% | $19.68 | — | COM SH BEN INT | 004239109 |
| LNKB | LINKBANCORP INC | 596,930 | $4.931M | 0.5% | $6.43 | +16.3% | COM | 53578P105 |
| GL | GLOBE LIFE INC | 35,065 | $4.904M | 0.5% | $129.99 | +4.2% | COM | 37959E102 |
| RGA | REINSURANCE GRP OF AMERICA I | 23,361 | $4.753M | 0.5% | $185.79 | +4.1% | COM NEW | 759351604 |
| RPC | P10 INC | 457,474 | $4.488M | 0.5% | $10.65 | -4.7% | COM CL A | 69376K106 |
| TCBK | TRICO BANCSHARES | 92,492 | $4.381M | 0.5% | $45.89 | 0.0% | COM | 896095106 |
| GABC | GERMAN AMERN BANCORP INC | 109,019 | $4.271M | 0.5% | $39.43 | -1.0% | COM | 373865104 |
| WLTH | WEALTHFRONT CORP | 314,187 | $4.27M | 0.5% | $13.20 | 0.0% | COM | 947002101 |
| LXP | LXP INDUSTRIAL TRUST | 83,499 | $4.14M | 0.5% | $49.58 | — | COM | 529043408 |
| JLL | JONES LANG LASALLE INC | 11,774 | $3.962M | 0.4% | $202.97 | +54.4% | COM | 48020Q107 |
| WELL | WELLTOWER INC | 20,975 | $3.893M | 0.4% | $103.96 | +79.4% | COM | 95040Q104 |
| HYNE | HOYNE BANCORP INC | 261,000 | $3.782M | 0.4% | $13.87 | 0.0% | COM | 44326H107 |
| PFSI | PENNYMAC FINL SVCS INC NEW | 28,562 | $3.766M | 0.4% | $107.45 | +18.0% | COM | 70932M107 |
| ETOR | ETORO GROUP LTD | 104,861 | $3.684M | 0.4% | $38.62 | 0.0% | SHS CL A | G32089107 |
| MKTX | MARKETAXESS HLDGS INC | 20,252 | $3.671M | 0.4% | $169.50 | 0.0% | COM | 57060D108 |
| HCI | HCI GROUP INC | 19,019 | $3.646M | 0.4% | $132.21 | +42.5% | COM | 40416E103 |
| PHM | PULTE GROUP INC | 31,075 | $3.644M | 0.4% | $122.44 | 0.0% | COM | 745867101 |
| IVT | INVENTRUST PPTYS CORP | 124,373 | $3.509M | 0.4% | $28.62 | — | COM NEW | 46124J201 |
| HTGC | HERCULES CAPITAL INC | 169,984 | $3.199M | 0.4% | $19.05 | -5.3% | COM | 427096508 |
| AII | AMERICAN INTEGRITY INS GROUP | 153,491 | $3.197M | 0.4% | $22.00 | +1.1% | COM | 026948109 |
| MRX | MAREX GROUP PLC | 81,199 | $3.115M | 0.3% | $39.35 | -13.7% | ORD | G5S37H101 |
| UMBF | UMB FINL CORP | 26,549 | $3.054M | 0.3% | $115.25 | -1.7% | COM | 902788108 |
| SKY | CHAMPION HOMES INC | 35,462 | $2.997M | 0.3% | $78.80 | 0.0% | COM | 830830105 |
| FSFG | FIRST SVGS FINL GROUP INC | 91,479 | $2.915M | 0.3% | $16.95 | +82.6% | COM | 33621E109 |
| FR | FIRST INDL RLTY TR INC | 46,421 | $2.659M | 0.3% | $53.07 | — | COM | 32054K103 |
| VOYA | VOYA FINANCIAL INC | 35,315 | $2.631M | 0.3% | $71.68 | +1.2% | COM | 929089100 |
| EZPW | EZCORP INC | 133,526 | $2.593M | 0.3% | $18.85 | 0.0% | CL A NON VTG | 302301106 |
| ADC | AGREE RLTY CORP | 35,873 | $2.584M | 0.3% | $73.51 | — | COM | 008492100 |
| NIC | NICOLET BANKSHARES INC | 20,421 | $2.477M | 0.3% | $130.80 | -3.5% | COM | 65406E102 |
| AHR | AMERICAN HEALTHCARE REIT INC | 50,798 | $2.391M | 0.3% | $29.33 | — | COM SHS | 398182303 |
| CSWC | CAPITAL SOUTHWEST CORP | 92,685 | $2.053M | 0.2% | $20.45 | 0.0% | COM | 140501107 |
| CNO | CNO FINL GROUP INC | 39,063 | $1.659M | 0.2% | $37.91 | +7.1% | COM | 12621E103 |
| CTO | CTO RLTY GROWTH INC NEW | 89,709 | $1.652M | 0.2% | $18.41 | — | COM | 22948Q101 |
| NLY | ANNALY CAPITAL MANAGEMENT IN | 72,486 | $1.621M | 0.2% | $19.81 | — | COM NEW | 035710839 |
| MRP | MILLROSE PPTYS INC | 53,978 | $1.612M | 0.2% | $29.13 | — | COM CL A | 601137102 |
| SPNT | SIRIUSPOINT LTD | 70,841 | $1.551M | 0.2% | $18.78 | +6.8% | COM | G8192H106 |
| MAA | MID-AMER APT CMNTYS INC | 11,112 | $1.544M | 0.2% | $152.37 | -12.7% | COM | 59522J103 |
| ALRS | ALERUS FINL CORP | 67,134 | $1.512M | 0.2% | $21.62 | 0.0% | COM | 01446U103 |
| FBP | FIRST BANCORP P R | 66,625 | $1.381M | 0.2% | $20.61 | 0.0% | COM NEW | 318672706 |
| KINS | KINGSTONE COS INC | 78,256 | $1.317M | 0.1% | $14.83 | +2.1% | COM | 496719105 |
| TSLX | SIXTH STREET SPECIALTY LENDI | 58,423 | $1.269M | 0.1% | $24.05 | -9.3% | COM | 83012A109 |
| HQY | HEALTHEQUITY INC | 13,556 | $1.242M | 0.1% | $94.73 | +1.1% | COM | 42226A107 |
| EQR | EQUITY RESIDENTIAL | 17,935 | $1.131M | 0.1% | $64.02 | -5.2% | SH BEN INT | 29476L107 |
| CURB | CURBLINE PPTYS CORP | 48,374 | $1.123M | 0.1% | $22.70 | — | COM | 23128Q101 |
| BOW | BOWHEAD SPECIALTY HLDGS INC | 39,317 | $1.122M | 0.1% | $26.53 | 0.0% | COM SHS | 10240L102 |
| APAM | ARTISAN PARTNERS ASSET MGMT | 25,129 | $1.024M | 0.1% | $38.79 | +4.9% | CL A | 04316A108 |
| ELME | ELME COMMUNITIES | 54,049 | $940K | 0.1% | $17.10 | — | SH BEN INT | 939653101 |
| SKT | TANGER INC | 27,829 | $929K | 0.1% | $33.37 | — | COM | 875465106 |
| DX | DYNEX CAP INC | 63,085 | $884K | 0.1% | $14.01 | — | COM | 26817Q886 |
| ACIW | ACI WORLDWIDE INC | 17,999 | $861K | 0.1% | $48.44 | +0.2% | COM | 004498101 |
| EGP | EASTGROUP PPTYS INC | 4,789 | $853K | 0.1% | $178.14 | — | COM | 277276101 |
| DLR | DIGITAL RLTY TR INC | 5,391 | $834K | 0.1% | $163.13 | 0.0% | COM | 253868103 |
| AMG | AFFILIATED MANAGERS GROUP IN | 2,557 | $737K | 0.1% | $220.39 | +17.3% | COM | 008252108 |
| LADR | LADDER CAP CORP | 66,561 | $732K | 0.1% | $10.99 | — | CL A | 505743104 |
| PLD | PROLOGIS INC. | 5,722 | $730K | 0.1% | $108.29 | +14.4% | COM | 74340W103 |
| FICO | FAIR ISAAC CORP | 423 | $715K | 0.1% | $1721.38 | 0.0% | COM | 303250104 |
| V | VISA INC | 1,965 | $689K | 0.1% | $335.00 | +1.6% | COM CL A | 92826C839 |
| MA | MASTERCARD INCORPORATED | 1,064 | $607K | 0.1% | $573.47 | -2.5% | CL A | 57636Q104 |
| BXMT | BLACKSTONE MTG TR INC | 31,685 | $606K | 0.1% | $19.13 | — | COM CL A | 09257W100 |
| JHG | JANUS HENDERSON GROUP PLC | 12,090 | $575K | 0.1% | $39.28 | +12.6% | ORD SHS | G4474Y214 |
| KKR | KKR & CO INC | 4,308 | $549K | 0.1% | $124.29 | 0.0% | COM | 48251W104 |
| AXS | AXIS CAP HLDGS LTD | 4,914 | $526K | 0.1% | $99.34 | 0.0% | SHS | G0692U109 |
| EPRT | ESSENTIAL PPTYS RLTY TR INC | 17,665 | $524K | 0.1% | $30.19 | — | COM | 29670E107 |
| BRK/B | BERKSHIRE HATHAWAY INC DEL | 1,041 | $523K | 0.1% | $497.53 | 0.0% | CL B NEW | 084670702 |
| PLMR | PALOMAR HLDGS INC | 3,864 | $521K | 0.1% | $122.07 | 0.0% | COM | 69753M105 |
| NTST | NETSTREIT CORP | 29,197 | $515K | 0.1% | $17.64 | — | COM | 64119V303 |
| PGR | PROGRESSIVE CORP | 2,204 | $502K | 0.1% | $212.34 | 0.0% | COM | 743315103 |
| VTR | VENTAS INC | 6,390 | $494K | 0.1% | $74.98 | 0.0% | COM | 92276F100 |
| SHOP | SHOPIFY INC | 3,036 | $489K | 0.1% | $160.56 | 0.0% | CL A SUB VTG SHS | 82509L107 |
| WPC | WP CAREY INC | 7,091 | $456K | 0.1% | $66.58 | — | COM | 92936U109 |
| SYBT | STOCK YDS BANCORP INC | 6,351 | $412K | 0.0% | $67.20 | 0.0% | COM | 861025104 |
| DAVE | DAVE INC | 1,820 | $403K | 0.0% | $182.42 | +17.9% | CLASS A COM NEW | 23834J201 |
| SYF | SYNCHRONY FINANCIAL | 4,706 | $393K | 0.0% | $56.04 | +36.2% | COM | 87165B103 |
| PSTL | POSTAL REALTY TRUST INC | 23,481 | $379K | 0.0% | $16.14 | — | CL A | 73757R102 |
| FIS | FIDELITY NATL INFORMATION SV | 5,609 | $373K | 0.0% | $73.18 | -10.3% | COM | 31620M106 |
| UHT | UNIVERSAL HEALTH RLTY INCOME | 9,409 | $369K | 0.0% | $39.87 | — | SH BEN INT | 91359E105 |
| BX | BLACKSTONE INC | 2,057 | $317K | 0.0% | $151.46 | 0.0% | COM | 09260D107 |
| ARX | ACCELERANT HOLDINGS | 17,973 | $294K | 0.0% | $14.08 | 0.0% | CL A | G00894108 |
| JXN | JACKSON FINANCIAL INC | 2,737 | $292K | 0.0% | $92.07 | +7.4% | COM CL A | 46817M107 |
| NP | NEPTUNE INS HLDGS INC | 9,923 | $289K | 0.0% | $26.30 | 0.0% | CL A | 64073B103 |
| COF | CAPITAL ONE FINL CORP | 1,192 | $289K | 0.0% | $222.19 | 0.0% | COM | 14040H105 |
| BNL | BROADSTONE NET LEASE INC | 14,817 | $257K | 0.0% | $17.09 | — | COM | 11135E203 |
| ARES | ARES MANAGEMENT CORPORATION | 1,557 | $252K | 0.0% | $159.10 | -2.6% | CL A COM STK | 03990B101 |
| BWIN | THE BALDWIN INSURANCE GRP IN | 10,454 | $251K | 0.0% | $25.47 | 0.0% | COM CL A | 05589G102 |
| EXR | EXTRA SPACE STORAGE INC | 1,884 | $245K | 0.0% | $140.76 | -4.1% | COM | 30225T102 |
| GEN | GEN DIGITAL INC | 8,661 | $235K | 0.0% | $29.71 | -9.6% | COM | 668771108 |
| FHI | FEDERATED HERMES INC | 4,383 | $228K | 0.0% | $49.91 | +0.8% | CL B | 314211103 |
| FVCB | FVCBANKCORP INC | 16,116 | $224K | 0.0% | $12.01 | +6.0% | COM | 36120Q101 |
| TPG | TPG INC | 3,405 | $217K | 0.0% | $59.03 | -0.0% | COM CL A | 872657101 |
| FOUR | SHIFT4 PMTS INC | 3,409 | $215K | 0.0% | $92.96 | -24.0% | CL A | 82452J109 |
| BFH | BREAD FINANCIAL HOLDINGS INC | 2,717 | $201K | 0.0% | $65.65 | 0.0% | COM | 018581108 |
| HPP | HUDSON PAC PPTYS INC | 14,534 | $157K | 0.0% | $10.83 | — | COM | 444097406 |