We are live on ! Find out more
FCM

FJ Capital Management Portfolio holdings

AUM $888M
1-Year Est. Return 18.97%
This Fund
S&P 500
This Quarter Est. Return
+24.84%
1 Year Est. Return
+18.97%
3 Year Est. Return
+63.88%
5 Year Est. Return
+48.18%
10 Year Est. Return
+191.97%
AUM
$996M
AUM Growth
+$113M
Cap. Flow
-$83.3M
Cap. Flow %
-8.37%
Top 10 Hldgs %
40.79%
Holding
129
New
21
Increased
26
Reduced
29
Closed
27

Top Buys

Rank Stock Value
1
BANC icon
Banc of California
BANC
+$31.3M
2
IBTX
Independent Bank Group, Inc.
IBTX
+$22.2M
3
WTFC icon
Wintrust Financial
WTFC
+$11.4M
4
LNKB
LINKBANCORP
LNKB
+$9.54M
5
WAL icon
Western Alliance Bancorporation
WAL
+$6.62M

Top Sells

Rank Stock Value
1
COLB icon
Columbia Banking Systems
COLB
+$31.9M
2
ONB icon
Old National Bancorp
ONB
+$15.8M
3
ABCB icon
Ameris Bancorp
ABCB
+$14.7M
4
MBIN icon
Merchants Bancorp
MBIN
+$8.71M
5
EBC icon
Eastern Bankshares
EBC
+$8.59M

Sector Composition

Rank Sector Weight
1 Financials 97.2%
2 Real Estate 1.7%
3 Consumer Discretionary 0.55%
4 Technology 0.4%
5 Industrials 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BANC icon
1
Banc of California
BANC
$3.03B
$52.4M 5.26%
3,903,757
+2,535,968
+185% +$31.3M
IBTX
2
DELISTED
Independent Bank Group, Inc.
IBTX
$49.1M 4.92%
964,143
+548,058
+132% +$22.2M
HTB
3
HomeTrust Bancshares
HTB
$860M
$45.2M 4.54%
1,679,212
– –
OSBC icon
4
Old Second Bancorp
OSBC
$1.29B
$40.9M 4.1%
2,647,725
– –
FBMS
5
DELISTED
The First Bancshares, Inc.
FBMS
$40.5M 4.06%
1,380,824
-290,498
-17% -$7.77M
WTFC icon
6
Wintrust Financial
WTFC
$10.8B
$40.5M 4.06%
436,626
+138,270
+46% +$11.4M
WAL icon
7
Western Alliance Bancorporation
WAL
$8.79B
$36.3M 3.64%
551,109
+131,310
+31% +$6.62M
MSBI icon
8
Midland States Bancorp
MSBI
$699M
$35M 3.51%
1,269,108
-48,005
-4% -$1.12M
IBCP icon
9
Independent Bank Corp
IBCP
$787M
$33.5M 3.37%
1,288,658
– –
HBCP icon
10
Home Bancorp
HBCP
$561M
$33.1M 3.32%
788,106
– –
SMBC icon
11
Southern Missouri Bancorp
SMBC
$852M
$32.5M 3.26%
608,264
-130,107
-18% -$5.79M
RBB icon
12
RBB Bancorp
RBB
$448M
$32.2M 3.23%
1,691,616
+46,309
+3% +$691K
QCRH icon
13
QCR Holdings
QCRH
$1.69B
$32M 3.21%
548,021
-108,541
-17% -$5.62M
SFST icon
14
Southern First Bancshares
SFST
$591M
$29.3M 2.95%
791,009
– –
ABCB icon
15
Ameris Bancorp
ABCB
$5.85B
$27.9M 2.8%
525,233
-344,404
-40% -$14.7M
EQBK icon
16
Equity Bancshares
EQBK
$1.04B
$26.5M 2.66%
780,358
-247,518
-24% -$6.78M
LNKB
17
DELISTED
LINKBANCORP
LNKB
$23.4M 2.35%
2,935,701
+1,444,602
+97% +$9.54M
SBT
18
DELISTED
Sterling Bancorp, Inc. Common Stock
SBT
$23.3M 2.34%
4,039,150
– –
CVLY
19
DELISTED
Codorus Valley Bancorp Inc
CVLY
$22M 2.21%
855,131
– –
ESSA
20
DELISTED
ESSA Bancorp
ESSA
$18.9M 1.89%
941,992
-91,058
-9% -$1.52M
FVCB icon
21
FVCBankcorp
FVCB
$335M
$18.2M 1.83%
1,283,807
+120,338
+10% +$1.46M
EVBN
22
DELISTED
Evans Bancorp Inc
EVBN
$17M 1.71%
540,233
– –
HTBK
23
DELISTED
Heritage Commerce
HTBK
$17M 1.71%
1,715,511
+155,366
+10% +$1.37M
PBFS icon
24
Pioneer Bancorp
PBFS
$432M
$16.1M 1.61%
1,607,359
-189,448
-11% -$1.65M
BANR icon
25
Banner Corp
BANR
$2.39B
$16.1M 1.61%
299,665
-63,529
-17% -$2.93M
1
2 3 4 5

Similar funds

CCG
Cypress Capital Group Palm Beach, Florida $889M AUM 27.23% 1-Year Est. Return
KWM
Keebeck Wealth Management Chicago, Illinois $889M AUM 20.87% 1-Year Est. Return
I
INVST Indianapolis, Indiana $886M AUM 21.79% 1-Year Est. Return
TOCUITCONY
Trustees of Columbia University in the City of New York New York $891M AUM 17.3% 1-Year Est. Return
PCM
Prime Capital Management Hong Kong $891M AUM 83.14% 1-Year Est. Return
SFM
Signet Financial Management Parsippany, New Jersey $892M AUM 23.24% 1-Year Est. Return
MFWM
Motley Fool Wealth Management Alexandria, Virginia $884M AUM 5.86% 1-Year Est. Return
BFFIM
Baring Fintech Fund III Managers St Peter Port, Guernsey $893M AUM 20.23% 1-Year Est. Return

FJ Capital Management's Q4 2023 Portfolio in Review

As of Q4 2023, FJ Capital Management held 129 positions worth $996M, up 13% from $884M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

FJ Capital Management withdrew a net $83.3M in Q4 2023, closing 27 positions and reducing 29 holdings. Its most notable exit was Axos Financial, an estimated $8.53M position sold in full.

By sector, the portfolio is most concentrated in Financials at 97% of assets, up from 97% a quarter earlier, followed by Real Estate and Consumer Discretionary.

Against the trend, FJ Capital Management opened a new position in SS&C Technologies worth $3.54M.

  • FJ Capital Management's largest Q4 2023 buy was SS&C Technologies: 57,901 shares worth $3.54M.
  • FJ Capital Management added most to Banc of California in Q4 2023, an estimated $31.3M increase.
  • FJ Capital Management's biggest Q4 2023 reduction was Columbia Banking Systems, cutting an estimated $31.9M.
  • FJ Capital Management fully exited Axos Financial in Q4 2023, selling an estimated $8.53M.
  • FJ Capital Management's ten largest holdings make up 41% of its $996M portfolio in Q4 2023.
  • FJ Capital Management opened 21 new positions and closed 27 in Q4 2023.
  • FJ Capital Management's portfolio value rose 13% quarter-over-quarter to $996M.

Based on FJ Capital Management's 13F filing for Q4 2023, filed 14 Feb 2024.