AI Portfolio Summary
In 2025 Q4, FJ Capital Management LLC maintained a portfolio of 182 distinct positions. The most significant new addition to the portfolio was MORGAN STANLEY, which now represents 1.47% of the total fund value. They heavily accumulated shares in SOUTHSTATE BK CORP, increasing their position by 54.0%. The fund also reduced its exposure to LINKBANCORP INC by 80.1%.
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:
Showing 1-50 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
|
8.4 | 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
|
3.9 | 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
|
4.4 | 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
|
3.3 | 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
|
4.6 | 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
|
2.1 | -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
|
2.4 | 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
|
1.9 | 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
|
1.1 | -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
|
4.0 | 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
|
2.0 | 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
|
3.8 | 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
|
1.8 | 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
|
1.3 | -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
|
0.7 | -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
|
1.2 | -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
|
1.1 | -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: #—
|
4.1 | 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
|
0.5 | -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
|
0.5 | -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
|
1.4 | 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
|
1.4 | no change | no change |
P
S
|
497,258 | $8,358,907 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JMSB
JOHN MARSHALL B...
|
Financial Services | 0.91% | 0.91% |
#26
3
Prev: #29
|
0.9 | -16,963 | -3.9% |
P
S
|
412,945 | $8,254,771 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SKWD
SKYWARD SPECIAL...
|
Financial Services | 0.82% | 0.13% |
#27
65
Prev: #92
|
3.3 | 119,269 | 468.3% |
P
S
|
144,736 | $7,397,457 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SF
STIFEL FINL COR...
|
Financial Services | 0.81% | 0.31% |
#28
39
Prev: #67
|
3.3 | 32,519 | 125.2% |
P
S
|
58,497 | $7,324,994 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NMRK
NEWMARK GROUP I...
|
Real Estate | 0.80% | 0.17% |
#29
54
Prev: #83
|
3.3 | 335,594 | 402.5% |
P
S
|
418,973 | $7,264,992 | 2021 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
THG
HANOVER INS GRO...
|
Financial Services | 0.76% | 1.28% |
#30
8
Prev: #22
|
0.3 | -28,390 | -43.1% |
P
S
|
37,427 | $6,840,533 | 2017 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HWBK
HAWTHORN BANCSH...
|
Financial Services | 0.73% | 0.63% |
#31
12
Prev: #43
|
1.3 | no change | no change |
P
S
|
190,710 | $6,651,965 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TOWN
TOWNEBANK PORTS...
|
Financial Services | 0.67% | 0.82% |
#32
1
Prev: #33
|
0.8 | -39,873 | -17.9% |
P
S
|
182,586 | $6,092,895 | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
XZO
EXZEO GROUP INC
|
Financial Services | 0.64% | — |
#33
Prev: #—
|
3.8 | 237,856 | no change |
NEW
|
237,856 | $5,768,008 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CINF
CINCINNATI FINL...
|
Financial Services | 0.59% | 0.75% |
#34
5
Prev: #39
|
0.2 | -11,835 | -26.5% |
P
S
|
32,836 | $5,362,776 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CME
CME GROUP INC
|
Financial Services | 0.58% | 0.16% |
#35
50
Prev: #85
|
3.2 | 13,794 | 255.8% |
P
S
|
19,187 | $5,239,586 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVBF
CVB FINL CORP
|
Financial Services | 0.56% | — |
#36
Prev: #—
|
3.7 | 275,132 | no change |
NEW
|
275,132 | $5,117,455 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AKR
ACADIA RLTY TR
|
Bond/Debt | 0.56% | 0.44% |
#37
14
Prev: #51
|
2.7 | 42,413 | 20.7% |
P
S
|
247,622 | $5,086,156 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LNKB
LINKBANCORP INC
|
Financial Services | 0.54% | 2.28% |
#38
27
Prev: #11
|
0.2 | -2,402,842 | -80.1% |
P
S
|
596,930 | $4,930,642 | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GL
GLOBE LIFE INC
|
Financial Services | 0.54% | 0.39% |
#39
17
Prev: #56
|
2.7 | 9,237 | 35.8% |
P
S
|
35,065 | $4,904,191 | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RGA
REINSURANCE GRP...
|
Financial Services | 0.52% | 0.46% |
#40
9
Prev: #49
|
0.7 | 895 | 4.0% |
P
S
|
23,361 | $4,753,029 | 2017 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PX
P10 INC
|
Financial Services | 0.50% | 0.18% |
#41
39
Prev: #80
|
3.2 | 301,639 | 193.6% |
P
S
|
457,474 | $4,487,820 | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TCBK
TRICO BANCSHARE...
|
Financial Services | 0.48% | — |
#42
Prev: #—
|
3.7 | 92,492 | no change |
NEW
|
92,492 | $4,381,346 | 2014 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GABC
GERMAN AMERN BA...
|
Financial Services | 0.47% | 0.47% |
#43
5
Prev: #48
|
0.7 | -3,561 | -3.2% |
P
S
|
109,019 | $4,271,364 | 2018 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WLTH
WEALTHFRONT COR...
|
Technology | 0.47% | — |
#44
Prev: #—
|
3.7 | 314,187 | no change |
NEW
|
314,187 | $4,269,801 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LXP
LXP INDUSTRIAL ...
|
Real Estate | 0.46% | 0.38% |
#45
14
Prev: #59
|
0.2 | -311,030 | -78.8% |
P
S
|
83,499 | $4,139,880 | 2025 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JLL
JONES LANG LASA...
|
Real Estate | 0.44% | 0.81% |
#46
11
Prev: #35
|
0.2 | -13,538 | -53.5% |
P
S
|
11,774 | $3,961,598 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WELL
WELLTOWER INC
|
Real Estate | 0.43% | 0.55% |
#47
1
Prev: #46
|
0.2 | -7,870 | -27.3% |
P
S
|
20,975 | $3,893,170 | 2022 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
HYNE
HOYNE BANCORP I...
|
Financial Services | 0.42% | — |
#48
Prev: #—
|
3.7 | 261,000 | no change |
NEW
|
261,000 | $3,781,890 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PFSI
PENNYMAC FINL S...
|
Financial Services | 0.42% | 0.68% |
#49
8
Prev: #41
|
0.2 | -22,997 | -44.6% |
P
S
|
28,562 | $3,765,614 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ETOR
ETORO GROUP LTD
|
Financial Services | 0.41% | — |
#50
Prev: #—
|
3.7 | 104,861 | no change |
NEW
|
104,861 | $3,683,767 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-50 of 182 holdings