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HCA
Hovde Capital Advisors Portfolio holdings
AUM
$25.5M
This Fund
S&P 500
This Quarter
Est. Return
+8.57%
1 Year Est. Return
–
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$25.5M
AUM Growth
-$1.99M
(-7.2%)
Cap. Flow
-$4.12M
Cap. Flow
% of AUM
-16.11%
Top 10 Holdings %
Top 10 Hldgs %
95.01%
Holding
20
New
4
Increased
2
Reduced
7
Closed
4
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
NRF.PRB
North Star Realty Fin Corp Prb
NRF.PRB
|
+$312K |
| 2 |
IBCA
INTERVEST BANCSHARES CORP COM
IBCA
|
+$302K |
| 3 |
NRF.PRC
NorthStar Realty Finance Corp.
NRF.PRC
|
+$248K |
| 4 |
Hawthorn Bancshares
HWBK
|
+$186K |
| 5 |
First Business Financial Services
FBIZ
|
+$99.4K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CMA
Comerica
CMA
|
+$1.79M |
| 2 |
BNCL
Beneficial Bancorp, Inc.
BNCL
|
+$1.01M |
| 3 |
KeyCorp
KEY
|
+$974K |
| 4 |
Popular Inc
BPOP
|
+$511K |
| 5 |
Shore Bancshares
SHBI
|
+$410K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 63.56% |
| 2 | Financials | 26.02% |
| 3 | Real Estate | 1.96% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
ePlus
PLUS
$2.33B
| $16.2M | 63.56% |
1,142,816
-12,284
| -1% | -$165K |
|
2
Capital One
COF
$124B
| $2.12M | 8.29% |
27,641
-1,000
| -3% | -$71.2K |
|
3
PNC Financial Services
PNC
$100B
| $1.46M | 5.73% |
18,876
| – | – |
|
|
OSHC
4
DELISTED
Ocean Shore Holding Co.
OSHC
| $940K | 3.68% |
68,833
-2,055
| -3% | -$29K |
|
|
5
First Business Financial Services
FBIZ
$562M
| $936K | 3.66% |
49,734
+5,592
| +13% | +$99.4K |
|
|
6
Popular Inc
BPOP
$11B
| $748K | 2.93% |
26,037
-18,900
| -42% | -$511K |
|
|
7
KeyCorp
KEY
$24.3B
| $605K | 2.37% |
45,048
-76,952
| -63% | -$974K |
|
|
BMR
8
DELISTED
BIOMED REALTY TRUST INC
BMR
| $501K | 1.96% |
27,662
+4,562
| +20% | +$86.5K |
|
|
TRCB
9
DELISTED
Two River Bancorp
TRCB
| $364K | 1.42% |
52,975
| – | – |
|
|
HTBK
10
DELISTED
Heritage Commerce
HTBK
| $357K | 1.4% |
43,304
-8,589
| -17% | -$66.8K |
|
|
IBCA
11
DELISTED
INTERVEST BANCSHARES CORP COM
IBCA
| $309K | 1.21% |
+41,093
| New | +$302K |
|
|
NRF.PRB
12
DELISTED
North Star Realty Fin Corp Prb
NRF.PRB
| $304K | 1.19% |
+13,413
| New | +$312K |
|
|
NRF.PRC
13
DELISTED
NorthStar Realty Finance Corp.
NRF.PRC
| $243K | 0.95% |
+10,169
| New | +$248K |
|
|
14
Hawthorn Bancshares
HWBK
$265M
| $168K | 0.66% |
+20,512
| New | +$186K |
|
15
First United
FUNC
$288M
| $130K | 0.51% |
16,966
| – | – |
|
|
BNCL
16
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $122K | 0.48% |
12,267
-108,808
| -90% | -$1.01M |
|
|
CMA
17
DELISTED
Comerica
CMA
| – | – |
-45,525
| Closed | -$1.79M |
|
|
18
Shore Bancshares
SHBI
$790M
| – | – |
-46,593
| Closed | -$410K |
|
|
SVBI
19
DELISTED
Severn Bancorp Inc/MD
SVBI
| – | – |
-25,153
| Closed | -$132K |
|
|
UBOH
20
DELISTED
United Bancshares Inc/OH
UBOH
| – | – |
-14,791
| Closed | -$187K |
|
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Hovde Capital Advisors's Q4 2013 Portfolio in Review
As of Q4 2013, Hovde Capital Advisors held 20 positions worth $25.5M, down 7.2% from $27.5M the previous quarter. Its ten largest holdings account for 95% of the portfolio.
Hovde Capital Advisors withdrew a net $4.12M in Q4 2013, closing 4 positions and reducing 7 holdings. Its most notable exit was Comerica, an estimated $1.79M position sold in full.
By sector, the portfolio is most concentrated in Technology at 64% of assets, up from 54% a quarter earlier, followed by Financials and Real Estate.
Against the trend, Hovde Capital Advisors opened a new position in North Star Realty Fin Corp Prb worth $304K.
- Hovde Capital Advisors's largest Q4 2013 buy was North Star Realty Fin Corp Prb: 13,413 shares worth $304K.
- Hovde Capital Advisors added most to First Business Financial Services in Q4 2013, an estimated $99.4K increase.
- Hovde Capital Advisors's biggest Q4 2013 reduction was Beneficial Bancorp, Inc., cutting an estimated $1.01M.
- Hovde Capital Advisors fully exited Comerica in Q4 2013, selling an estimated $1.79M.
- Hovde Capital Advisors's ten largest holdings make up 95% of its $25.5M portfolio in Q4 2013.
- Hovde Capital Advisors opened 4 new positions and closed 4 in Q4 2013.
- Hovde Capital Advisors's portfolio value fell 7.2% quarter-over-quarter to $25.5M.
Based on Hovde Capital Advisors's 13F filing for Q4 2013, filed 11 Feb 2014.