FJ Capital Management LLC

All Holdings — 2025 Q4

Portfolio Concentration Analytics: 7.6
Risk-based ENB:
Total Positions
182
Quarter
2025 Q4
Top Holding
SSB (8.4%)
Top 10 Concentration
49.3%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 182
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SSB
SOUTHSTATE BK C...
Financial Services 8.45% 5.57% #1 1
Prev: #2
5.5 285,091 54.0%
P
S
813,033 $76,514,536 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HTB
HOMETRUST BANCS...
Financial Services 8.03% 7.35% #2 1
Prev: #1
5.2 13,084 0.8%
P
S
1,693,553 $72,721,166 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EQBK
EQUITY BANCSHAR...
Financial Services 6.04% 5.31% #3
Prev: #3
4.4 2,896 0.2%
P
S
1,225,687 $54,726,925 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SBCF
SEACOAST BKG CO...
Financial Services 4.72% 3.93% #4 1
Prev: #5
3.9 151,681 12.5%
P
S
1,361,677 $42,783,891 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SFST
SOUTHERN FIRST ...
Financial Services 4.59% 3.80% #5 1
Prev: #6
1.8 no change no change
P
S
807,223 $41,588,129 2014 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WAL
WESTERN ALLIANC...
Financial Services 4.02% 1.62% #6 14
Prev: #20
3.9 257,283 146.7%
P
S
432,672 $36,374,735 2022 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
OSBC
OLD SECOND BANC...
Financial Services 3.94% 3.54% #7
Prev: #7
1.6 -90,269 -4.7%
P
S
1,829,665 $35,678,468 2014 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RBB
RBB BANCORP
Financial Services 3.44% 3.03% #8
Prev: #8
1.4 no change no change
P
S
1,511,408 $31,195,461 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MOFG
MIDWESTONE FINL...
Financial Services 3.39% 2.41% #9 1
Prev: #10
3.4 933 0.1%
P
S
797,816 $30,715,916 2017 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
WBS
WEBSTER FINL CO...
Financial Services 2.67% 3.96% #10 6
Prev: #4
1.2 -239,721 -38.4%
P
S
384,743 $24,215,724 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
FRME
FIRST MERCHANTS...
Financial Services 2.62% 1.19% #11 14
Prev: #25
3.3 338,950 115.0%
P
S
633,668 $23,749,877 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BCAL
CALIFORNIA BANC...
Financial Services 2.62% 2.26% #12
Prev: #12
1.0 no change no change
P
S
1,271,636 $23,741,444 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
USB
US BANCORP DEL
Financial Services 2.20% 1.80% #13 4
Prev: #17
2.9 25,507 7.3%
P
S
373,433 $19,926,385 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
HBNC
HORIZON BANCORP...
Financial Services 2.03% 0.45% #14 36
Prev: #50
3.1 819,189 309.5%
P
S
1,083,840 $18,381,926 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SMBC
SOUTHERN MO BAN...
Financial Services 1.96% 1.69% #15 4
Prev: #19
0.8 no change no change
P
S
300,944 $17,791,809 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
EBC
EASTERN BANKSHA...
Financial Services 1.89% 1.89% #16 2
Prev: #14
0.8 -49,501 -5.1%
P
S
926,841 $17,081,680 2020 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
INDB
INDEPENDENT BK ...
Financial Services 1.86% 2.80% #17 8
Prev: #9
0.9 -148,206 -39.1%
P
S
230,533 $16,847,352 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ONB
OLD NATL BANCOR...
Financial Services 1.77% 1.82% #18 3
Prev: #15
0.7 -60,208 -7.7%
P
S
717,018 $15,996,672 2016 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ZION
ZIONS BANCORPOR...
Financial Services 1.55% 1.62% #19 2
Prev: #21
0.7 -28,987 -10.8%
P
S
239,124 $13,998,319 2015 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MS
MORGAN STANLEY
Financial Services 1.47% #20
Prev: #—
2.6 74,759 no change
NEW
74,759 $13,271,965 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
IBCP
INDEPENDENT BK ...
Financial Services 1.38% 1.82% #21 5
Prev: #16
0.6 -165,106 -30.0%
P
S
385,088 $12,526,913 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
WSBC
WESBANCO INC
Financial Services 1.27% 2.23% #22 9
Prev: #13
0.7 -307,160 -46.9%
P
S
347,136 $11,538,801 2020 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
QCRH
QCR HOLDINGS IN...
Financial Services 1.22% 1.78% #23 5
Prev: #18
0.6 -87,249 -39.6%
P
S
132,898 $11,070,403 2015 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CBNA
CHAIN BRIDGE BA...
Financial Services 1.12% 1.03% #24 3
Prev: #27
0.4 no change no change
P
S
293,788 $10,176,816 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVBC
AVIDIA BANCORP ...
Financial Services 0.92% 0.79% #25 11
Prev: #36
0.4 no change no change
P
S
497,258 $8,358,907 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FFWM
FIRST FNDTN INC
Financial Services 0.00% 1.22%
Sold All 😨
(Was: #23)
0.3 -2,057,660 -100.0%
CLOSED
$— 2015 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BAC
BANK AMERICA CO...
Financial Services 0.00% 1.19%
Sold All 😨
(Was: #24)
0.3 -216,409 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PB
PROSPERITY BANC...
Financial Services 0.00% 1.03%
Sold All 😨
(Was: #26)
0.3 -144,985 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MBIN
MERCHANTS BANCO...
Financial Services 0.00% 1.01%
Sold All 😨
(Was: #28)
0.3 -297,156 -100.0%
CLOSED
$— 2017 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BUSE
FIRST BUSEY COR...
Financial Services 0.00% 0.90%
Sold All 😨
(Was: #30)
0.3 -366,020 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
STT
STATE STR CORP
Financial Services 0.00% 0.84%
Sold All 😨
(Was: #31)
0.3 -68,000 -100.0%
CLOSED
$— 2018 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
MHO
M/I HOMES INC
Consumer Cyclical 0.00% 0.83%
Sold All 😨
(Was: #32)
0.3 -53,553 -100.0%
CLOSED
$— 2021 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
FAF
FIRST AMERICAN ...
Financial Services 0.00% 0.81%
Sold All 😨
(Was: #34)
0.3 -118,691 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SCHW
CHARLES SCHWAB ...
Financial Services 0.00% 0.78%
Sold All 😨
(Was: #37)
0.3 -76,650 -100.0%
CLOSED
$— 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
MCY
MERCURY GENL CO...
Financial Services 0.00% 0.76%
Sold All 😨
(Was: #38)
0.3 -83,592 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AMT
AMERICAN TOWER ...
Real Estate 0.00% 0.72%
Sold All 😨
(Was: #40)
0.3 -3,507 -100.0%
CLOSED
$— 2022 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TMHC
TAYLOR MORRISON...
Consumer Cyclical 0.00% 0.63%
Sold All 😨
(Was: #42)
0.3 -89,887 -100.0%
CLOSED
$— 2019 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
WD
WALKER & DUNLOP...
Financial Services 0.00% 0.56%
Sold All 😨
(Was: #45)
0.3 -62,168 -100.0%
CLOSED
$— 2019 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
BRO
BROWN & BROWN I...
Financial Services 0.00% 0.48%
Sold All 😨
(Was: #47)
0.3 -47,837 -100.0%
CLOSED
$— 2023 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
TOL
TOLL BROTHERS I...
Consumer Cyclical 0.00% 0.43%
Sold All 😨
(Was: #52)
0.3 -29,258 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ICE
INTERCONTINENTA...
Financial Services 0.00% 0.42%
Sold All 😨
(Was: #53)
0.3 -23,146 -100.0%
CLOSED
$— 2017 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
RDN
RADIAN GROUP IN...
Financial Services 0.00% 0.38%
Sold All 😨
(Was: #58)
0.3 -98,159 -100.0%
CLOSED
$— 2021 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
ABR
ARBOR REALTY TR...
Real Estate 0.00% 0.35%
Sold All 😨
(Was: #60)
0.3 -268,673 -100.0%
CLOSED
$— 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
C
CITIGROUP INC
Financial Services 0.00% 0.35%
Sold All 😨
(Was: #63)
0.3 -31,975 -100.0%
CLOSED
$— 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ARI
APOLLO COML REA...
Real Estate 0.00% 0.32%
Sold All 😨
(Was: #66)
0.3 -299,904 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
RYAN
RYAN SPECIALTY ...
Financial Services 0.00% 0.29%
Sold All 😨
(Was: #70)
0.3 -47,822 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HLI
HOULIHAN LOKEY ...
Financial Services 0.00% 0.26%
Sold All 😨
(Was: #71)
0.3 -11,860 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
SLM
SLM CORP
Financial Services 0.00% 0.23%
Sold All 😨
(Was: #73)
0.3 -79,309 -100.0%
CLOSED
$— 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
BFC
BANK FIRST CORP
Financial Services 0.00% 0.23%
Sold All 😨
(Was: #74)
0.3 -17,662 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PECO
PHILLIPS EDISON...
Real Estate 0.00% 0.18%
Sold All 😨
(Was: #81)
0.3 -47,768 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
O
REALTY INCOME C...
Real Estate 0.00% 0.17%
Sold All 😨
(Was: #82)
0.3 -26,865 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
AON
AON PLC
Financial Services 0.00% 0.16%
Sold All 😨
(Was: #84)
0.3 -4,176 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HOMB
HOME BANCSHARES...
Financial Services 0.00% 0.13%
Sold All 😨
(Was: #93)
0.3 -42,191 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HOUS
ANYWHERE REAL E...
Real Estate 0.00% 0.12%
Sold All 😨
(Was: #95)
0.3 -107,971 -100.0%
CLOSED
$— 2017 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
UCB
UNITED CMNTY BK...
Financial Services 0.00% 0.11%
Sold All 😨
(Was: #100)
0.3 -33,214 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
CUZ
COUSINS PPTYS I...
Real Estate 0.00% 0.11%
Sold All 😨
(Was: #102)
0.3 -34,262 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SLF
SUN LIFE FINANC...
Financial Services 0.00% 0.10%
Sold All 😨
(Was: #104)
0.3 -16,324 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HRTG
HERITAGE INSURA...
Financial Services 0.00% 0.10%
Sold All 😨
(Was: #105)
0.3 -37,745 -100.0%
CLOSED
$— 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BEN
FRANKLIN RESOUR...
Financial Services 0.00% 0.08%
Sold All 😨
(Was: #108)
0.3 -31,236 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
CG
CARLYLE GROUP I...
Financial Services 0.00% 0.07%
Sold All 😨
(Was: #109)
0.3 -10,696 -100.0%
CLOSED
$— 2022 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CUBE
CUBESMART
Real Estate 0.00% 0.07%
Sold All 😨
(Was: #110)
0.3 -15,225 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GCMG
GCM GROSVENOR I...
Financial Services 0.00% 0.07%
Sold All 😨
(Was: #111)
0.3 -50,728 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
BHF
BRIGHTHOUSE FIN...
Financial Services 0.00% 0.06%
Sold All 😨
(Was: #116)
0.3 -10,158 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
NNN
NNN REIT INC
Real Estate 0.00% 0.05%
Sold All 😨
(Was: #118)
0.3 -11,568 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
HUM
HUMANA INC
Healthcare 0.00% 0.05%
Sold All 😨
(Was: #119)
0.3 -1,716 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
AJG
GALLAGHER ARTHU...
Financial Services 0.00% 0.05%
Sold All 😨
(Was: #120)
0.3 -1,371 -100.0%
CLOSED
$— 2021 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
HFBL
HOME FED BANCOR...
Financial Services 0.00% 0.04%
Sold All 😨
(Was: #124)
0.3 -24,866 -100.0%
CLOSED
$— 2013 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
PGRE
PARAMOUNT GROUP...
Real Estate 0.00% 0.03%
Sold All 😨
(Was: #125)
0.3 -46,975 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PK
PARK HOTELS & R...
Real Estate 0.00% 0.03%
Sold All 😨
(Was: #129)
0.3 -23,519 -100.0%
CLOSED
$— 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
ACIC
AMERICAN COASTA...
Financial Services 0.00% 0.03%
Sold All 😨
(Was: #130)
0.3 -22,756 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BRX
BRIXMOR PPTY GR...
Real Estate 0.00% 0.03%
Sold All 😨
(Was: #131)
0.3 -9,164 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
KRC
KILROY RLTY COR...
Real Estate 0.00% 0.02%
Sold All 😨
(Was: #135)
0.3 -5,499 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ADP
AUTOMATIC DATA ...
Technology 0.00% 0.02%
Sold All 😨
(Was: #136)
0.3 -787 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
UNH
UNITEDHEALTH GR...
Healthcare 0.00% 0.02%
Sold All 😨
(Was: #137)
0.3 -643 -100.0%
CLOSED
$— 2025 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
HLNE
HAMILTON LANE I...
Financial Services 0.00% 0.02%
Sold All 😨
(Was: #138)
0.3 -1,612 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
GPN
GLOBAL PMTS INC
Industrials 0.00% 0.02%
Sold All 😨
(Was: #139)
0.3 -2,353 -100.0%
CLOSED
$— 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
QNST
QUINSTREET INC
Communication Services 0.00% 0.01%
Sold All 😨
(Was: #140)
0.3 -8,720 -100.0%
CLOSED
$— 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
SHO
SUNSTONE HOTEL ...
Real Estate 0.00% 0.01%
Sold All 😨
(Was: #141)
0.3 -13,116 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BDN
BRANDYWINE RLTY...
Bond/Debt 0.00% 0.01%
Sold All 😨
(Was: #142)
0.3 -27,281 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 182 holdings

Unlock Full FJ Capital Management LLC Analysis

PRO subscribers get access to all historical quarters, Excel/CSV exports, Portfolio Concentration Analytics (PCA), and Risk-Based ENB.

Full Historical Quarters
Excel & CSV Export
PCA & Risk-Based ENB
Auto Cost Basis
Position Change Alerts
Price-Held Analytics