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
+8.49%
1 Year Est. Return
-23.45%
3 Year Est. Return
-13.92%
5 Year Est. Return
+51.62%
10 Year Est. Return
–
AUM
$209M
AUM Growth
+$1.92M
(+0.93%)
Cap. Flow
-$12.1M
Cap. Flow
% of AUM
-5.77%
Top 10 Holdings %
Top 10 Hldgs %
42.09%
Holding
52
New
5
Increased
5
Reduced
18
Closed
6
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
US Bancorp
USB
|
+$5.55M |
| 2 |
STSA
STERLING FINL CORP (WA) COM NEW
STSA
|
+$2.65M |
| 3 |
Walker & Dunlop
WD
|
+$2.54M |
| 4 |
CSE
CAPITALSOURCE INC
CSE
|
+$2.47M |
| 5 |
Independent Bank Corp
IBCP
|
+$2.41M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
OFG Bancorp
OFG
|
+$6.38M |
| 2 |
FNBC
First NBC Bank Holding Company
FNBC
|
+$3.05M |
| 3 |
METR
METRO BANCORP, INC COMMON STOCK
METR
|
+$2.59M |
| 4 |
Willis Lease Finance
WLFC
|
+$2.2M |
| 5 |
SIFI
SI Financial Group, Inc. NEW MD
SIFI
|
+$1.86M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 61.61% |
| 2 | Miscellaneous | 34.48% |
| 3 | Technology | 2.22% |
| 4 | Industrials | 1.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
FXCB
1
DELISTED
FOX CHASE BANCORP INC COM STK (MD)
FXCB
| $11.6M | 5.55% |
666,494
-35,547
| -5% | -$615K |
|
|
NOVB
2
DELISTED
NORTH VALLEY BANCORP-COM
NOVB
| $11M | 5.24% |
579,543
-26,058
| -4% | -$471K |
|
|
SMPL
3
DELISTED
SIMPLICITY BANCORP INC
SMPL
| $10.7M | 5.1% |
686,000
| – | – |
|
|
METR
4
DELISTED
METRO BANCORP, INC COMMON STOCK
METR
| $9.84M | 4.71% |
468,136
-121,864
| -21% | -$2.59M |
|
5
Pathward Financial
CASH
$1.69B
| $8.62M | 4.12% |
680,109
-89,100
| -12% | -$948K |
|
6
KeyCorp
KEY
$23.4B
| $7.98M | 3.82% |
700,000
-113,000
| -14% | -$1.35M |
|
7
The Bancorp
TBBK
$2.68B
| $7.62M | 3.65% |
430,915
-99,664
| -19% | -$1.62M |
|
8
PNC Financial Services
PNC
$96.6B
| $7.25M | 3.47% |
100,000
| – | – |
|
|
FITB
9
Fifth Third Bancorp
FITB
$49.5B
| $7.22M | 3.45% |
400,000
-22,000
| -5% | -$414K |
|
|
10
Walker & Dunlop
WD
$1.42B
| $6.24M | 2.98% |
391,961
+153,961
| +65% | +$2.54M |
|
|
11
US Bancorp
USB
$97.3B
| $5.49M | 2.63% |
+150,000
| New | +$5.55M |
|
|
IBTX
12
DELISTED
Independent Bank Group, Inc.
IBTX
| $5.4M | 2.58% |
150,000
| – | – |
|
13
Ameris Bancorp
ABCB
$5.74B
| $5.38M | 2.57% |
292,543
| – | – |
|
|
STL
14
DELISTED
STERLING BANCORP
STL
| $5.36M | 2.56% |
390,000
-19,300
| -5% | -$257K |
|
15
Northeast Bank
NBN
$1.11B
| $4.82M | 2.31% |
481,695
-52,824
| -10% | -$536K |
|
16
Fidelity National Information Services
FIS
$21.4B
| $4.64M | 2.22% |
100,000
| – | – |
|
|
EVBN
17
DELISTED
Evans Bancorp Inc
EVBN
| $4.54M | 2.17% |
231,865
| – | – |
|
|
STI
18
DELISTED
SunTrust Banks, Inc.
STI
| $4.38M | 2.09% |
135,000
-7,900
| -6% | -$267K |
|
|
WBCO
19
DELISTED
WASHINGTON BANKING CO
WBCO
| $4.36M | 2.08% |
309,736
-15,700
| -5% | -$226K |
|
|
FFIC
20
DELISTED
Flushing Financial
FFIC
| $4.24M | 2.03% |
230,000
-55,550
| -19% | -$1.03M |
|
21
First Merchants
FRME
$2.63B
| $4.24M | 2.03% |
244,360
-10,600
| -4% | -$190K |
|
|
CMA.WS
22
DELISTED
Comerica Incorporated Ws
CMA.WS
| $4.04M | 1.94% |
292,000
+27,469
| +10% | +$403K |
|
|
CNBKA
23
DELISTED
Century Bancorp Inc/Mass
CNBKA
| $3.94M | 1.88% |
118,090
-6,692
| -5% | -$229K |
|
|
SIFI
24
DELISTED
SI Financial Group, Inc. NEW MD
SIFI
| $3.86M | 1.85% |
340,000
-164,239
| -33% | -$1.86M |
|
|
OLBK
25
DELISTED
Old Line Bancshares, Inc.
OLBK
| $3.78M | 1.81% |
281,686
| – | – |
|
Similar funds
LM
CCM
GTP
VM
MCM
SCM
JT
BC
Castine Capital Management's Q3 2013 Portfolio in Review
As of Q3 2013, Castine Capital Management held 52 positions worth $209M, up 0.93% from $207M the previous quarter. Its ten largest holdings account for 42% of the portfolio.
Castine Capital Management withdrew a net $12.1M in Q3 2013, closing 6 positions and reducing 18 holdings. Its most notable exit was OFG Bancorp, an estimated $6.38M position sold in full.
By sector, the portfolio is most concentrated in Financials at 62% of assets, down from 62% a quarter earlier, followed by Miscellaneous and Technology.
Against the trend, Castine Capital Management opened a new position in US Bancorp worth $5.49M.
- Castine Capital Management's largest Q3 2013 buy was US Bancorp: 150,000 shares worth $5.49M.
- Castine Capital Management added most to Walker & Dunlop in Q3 2013, an estimated $2.54M increase.
- Castine Capital Management's biggest Q3 2013 reduction was METRO BANCORP, INC COMMON STOCK, cutting an estimated $2.59M.
- Castine Capital Management fully exited OFG Bancorp in Q3 2013, selling an estimated $6.38M.
- Castine Capital Management's ten largest holdings make up 42% of its $209M portfolio in Q3 2013.
- Castine Capital Management opened 5 new positions and closed 6 in Q3 2013.
- Castine Capital Management's portfolio value rose 0.93% quarter-over-quarter to $209M.
Based on Castine Capital Management's 13F filing for Q3 2013, filed 14 Nov 2013.