We are live on
!
Find out more
CCM
Castine Capital Management Portfolio holdings
AUM
$129M
1-Year Est. Return
23.45%
This Fund
S&P 500
This Quarter
Est. Return
+2.89%
1 Year Est. Return
-23.45%
3 Year Est. Return
-13.92%
5 Year Est. Return
+51.62%
10 Year Est. Return
–
AUM
$222M
AUM Growth
-$20.1M
(-8.3%)
Cap. Flow
-$24.7M
Cap. Flow
% of AUM
-11.1%
Top 10 Holdings %
Top 10 Hldgs %
47.17%
Holding
38
New
4
Increased
7
Reduced
21
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
OPB
Opus Bank Common Stock
OPB
|
+$7.19M |
| 2 |
Byline Bancorp
BY
|
+$4.47M |
| 3 |
Community Bank
CBU
|
+$4.37M |
| 4 |
GNTY
Guaranty Bancshares
GNTY
|
+$2.99M |
| 5 |
Bank of N.T. Butterfield & Son
NTB
|
+$1.04M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
MBVT
Merchants Bancshares Inc
MBVT
|
+$10.6M |
| 2 |
Peoples Bancorp of North Carolina
PEBK
|
+$5.94M |
| 3 |
SGBK
Stonegate Bank
SGBK
|
+$5.65M |
| 4 |
Zions Bancorporation
ZION
|
+$3.87M |
| 5 |
FBNK
First Connecticut Bancorp, Inc
FBNK
|
+$3.16M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 100% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NCOM
26
DELISTED
National Commerce Corporation
NCOM
| $4.5M | 2.02% |
113,751
-9,324
| -8% | -$355K |
|
|
27
Byline Bancorp
BY
$1.73B
| $4.47M | 2.01% |
+222,775
| New | +$4.47M |
|
|
28
Community Bank
CBU
$3.32B
| $4.4M | 1.98% |
+78,941
| New | +$4.37M |
|
|
PACW
29
DELISTED
PacWest Bancorp
PACW
| $4.38M | 1.97% |
93,905
-26,095
| -22% | -$1.27M |
|
|
SBNY
30
DELISTED
Signature Bank
SBNY
| $4.27M | 1.92% |
29,754
-2,393
| -7% | -$339K |
|
31
Citizens Financial Group
CFG
$29.4B
| $4.22M | 1.9% |
118,215
+13,659
| +13% | +$484K |
|
|
GNTY
32
DELISTED
Guaranty Bancshares
GNTY
| $3M | 1.35% |
+103,385
| New | +$2.99M |
|
|
33
Peoples Bancorp of North Carolina
PEBK
$233M
| – | – |
-220,000
| Closed | -$5.94M |
|
|
34
Zions Bancorporation
ZION
$9.89B
| – | – |
-92,161
| Closed | -$3.87M |
|
|
FBNK
35
DELISTED
First Connecticut Bancorp, Inc
FBNK
| – | – |
-127,462
| Closed | -$3.16M |
|
|
BKMU
36
DELISTED
Bank Mutual Corp
BKMU
| – | – |
-99,200
| Closed | -$932K |
|
|
SGBK
37
DELISTED
Stonegate Bank
SGBK
| – | – |
-120,000
| Closed | -$5.65M |
|
|
MBVT
38
DELISTED
Merchants Bancshares Inc
MBVT
| – | – |
-217,459
| Closed | -$10.6M |
|
Similar funds
LM
CCM
GTP
VM
MCM
SCM
JT
BC
Castine Capital Management's Q2 2017 Portfolio in Review
As of Q2 2017, Castine Capital Management held 38 positions worth $222M, down 8.3% from $242M the previous quarter. Its ten largest holdings account for 47% of the portfolio.
Castine Capital Management withdrew a net $24.7M in Q2 2017, closing 6 positions and reducing 21 holdings. Its most notable exit was Merchants Bancshares Inc, an estimated $10.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 100% of assets, unchanged from a quarter earlier.
Against the trend, Castine Capital Management opened a new position in Opus Bank Common Stock worth $7.9M.
- Castine Capital Management's largest Q2 2017 buy was Opus Bank Common Stock: 326,363 shares worth $7.9M.
- Castine Capital Management added most to Bank of N.T. Butterfield & Son in Q2 2017, an estimated $1.04M increase.
- Castine Capital Management's biggest Q2 2017 reduction was Community Bankers Trust Corporation, cutting an estimated $3.14M.
- Castine Capital Management fully exited Merchants Bancshares Inc in Q2 2017, selling an estimated $10.6M.
- Castine Capital Management's ten largest holdings make up 47% of its $222M portfolio in Q2 2017.
- Castine Capital Management opened 4 new positions and closed 6 in Q2 2017.
- Castine Capital Management's portfolio value fell 8.3% quarter-over-quarter to $222M.
Based on Castine Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.