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JAM
Jacobs Asset Management Portfolio holdings
AUM
$167M
1-Year Est. Return
22.68%
This Fund
S&P 500
This Quarter
Est. Return
+9.32%
1 Year Est. Return
+22.68%
3 Year Est. Return
+79.51%
5 Year Est. Return
+67.54%
10 Year Est. Return
+275.62%
AUM
$479M
AUM Growth
-$30.8M
(-6%)
Cap. Flow
-$70.3M
Cap. Flow
% of AUM
-14.67%
Top 10 Holdings %
Top 10 Hldgs %
51.81%
Holding
51
New
6
Increased
5
Reduced
19
Closed
9
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
FLG
Flagstar Bank National Association
FLG
|
+$9.57M |
| 2 |
Ally Financial
ALLY
|
+$7.98M |
| 3 |
MFSF
MutualFirst Financial Inc
MFSF
|
+$4.74M |
| 4 |
SI
Silvergate Capital Corporation
SI
|
+$4.49M |
| 5 |
First Bancorp
FBP
|
+$4.44M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGNC Investment
AGNC
|
+$20.3M |
| 2 |
CIT
CIT Group Inc.
CIT
|
+$12.6M |
| 3 |
ISBC
Investors Bancorp, Inc.
ISBC
|
+$9.94M |
| 4 |
RWT
Redwood Trust
RWT
|
+$6.56M |
| 5 |
Ameris Bancorp
ABCB
|
+$5.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 89.21% |
| 2 | Industrials | 5.02% |
| 3 | Technology | 0.49% |
| 4 | Real Estate | 0.46% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CIT
26
DELISTED
CIT Group Inc.
CIT
| $5.72M | 1.19% |
125,300
-280,950
| -69% | -$12.6M |
|
27
Oaktree Specialty Lending
OCSL
$1.04B
| $5.6M | 1.17% |
341,667
| – | – |
|
28
First Mid Bancshares
FMBH
$1.41B
| $5.37M | 1.12% |
152,359
| – | – |
|
|
MFNC
29
DELISTED
Mackinac Financial Corporation
MFNC
| $5.19M | 1.08% |
297,327
-131,410
| -31% | -$2.09M |
|
|
MFSF
30
DELISTED
MutualFirst Financial Inc
MFSF
| $5.1M | 1.06% |
+128,509
| New | +$4.74M |
|
31
First Community Corp
FCCO
$328M
| $4.76M | 0.99% |
220,405
-11,422
| -5% | -$230K |
|
|
SI
32
DELISTED
Silvergate Capital Corporation
SI
| $4.63M | 0.96% |
+290,689
| New | +$4.49M |
|
|
OSG
33
Octave Specialty Group
OSG
$249M
| $3.24M | 0.67% |
+150,000
| New | +$3.08M |
|
|
CMA
34
DELISTED
Comerica
CMA
| $3.16M | 0.66% |
44,100
-55,900
| -56% | -$3.84M |
|
35
Eagle Bancorp Montana
EBMT
$189M
| $3.15M | 0.66% |
147,044
-104,380
| -42% | -$2.06M |
|
36
Horizon Bancorp
HBNC
$1.06B
| $2.97M | 0.62% |
156,209
-237,871
| -60% | -$4.36M |
|
|
CWBC
37
Community West Bancshares
CWBC
$691M
| $2.92M | 0.61% |
134,830
-5,000
| -4% | -$104K |
|
38
Repay Holdings
RPAY
$337M
| $2.36M | 0.49% |
161,008
-363,992
| -69% | -$5.08M |
|
39
Arbor Realty Trust
ABR
$983M
| $2.21M | 0.46% |
153,665
-321,335
| -68% | -$4.57M |
|
40
PRA Group
PRAA
$677M
| $2.15M | 0.45% |
+59,371
| New | +$2.1M |
|
|
MDLY
41
DELISTED
Medley Management Inc
MDLY
| $849K | 0.18% |
28,673
| – | – |
|
42
Encore Capital Group
ECPG
$2.07B
| $257K | 0.05% |
+7,262
| New | +$254K |
|
|
43
AGNC Investment
AGNC
$12.5B
| – | – |
-1,259,286
| Closed | -$20.3M |
|
44
First American
FAF
$7.8B
| – | – |
-58,932
| Closed | -$3.48M |
|
45
FB Financial Corp
FBK
$3.06B
| – | – |
-59,925
| Closed | -$2.25M |
|
|
FFIC
46
DELISTED
Flushing Financial
FFIC
| – | – |
-15,898
| Closed | -$321K |
|
|
RWT
47
Redwood Trust
RWT
$583M
| – | – |
-400,000
| Closed | -$6.56M |
|
48
Virtu Financial
VIRT
$5.01B
| – | – |
-250,000
| Closed | -$4.09M |
|
|
UCB
49
United Community Banks
UCB
$4.29B
| – | – |
-112,500
| Closed | -$3.19M |
|
|
ISBC
50
DELISTED
Investors Bancorp, Inc.
ISBC
| – | – |
-875,000
| Closed | -$9.94M |
|
Similar funds
RFA
HWA
LAM
MG
MSF
SV
GSP
TC
Jacobs Asset Management's Q4 2019 Portfolio in Review
As of Q4 2019, Jacobs Asset Management held 51 positions worth $479M, down 6% from $510M the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Jacobs Asset Management withdrew a net $70.3M in Q4 2019, closing 9 positions and reducing 19 holdings. Its most notable exit was AGNC Investment, an estimated $20.3M position sold in full.
By sector, the portfolio is most concentrated in Financials at 89% of assets, up from 83% a quarter earlier, followed by Industrials and Technology.
Against the trend, Jacobs Asset Management opened a new position in Flagstar Bank National Association worth $9.35M.
- Jacobs Asset Management's largest Q4 2019 buy was Flagstar Bank National Association: 259,300 shares worth $9.35M.
- Jacobs Asset Management added most to Ally Financial in Q4 2019, an estimated $7.98M increase.
- Jacobs Asset Management's biggest Q4 2019 reduction was CIT Group Inc., cutting an estimated $12.6M.
- Jacobs Asset Management fully exited AGNC Investment in Q4 2019, selling an estimated $20.3M.
- Jacobs Asset Management's ten largest holdings make up 52% of its $479M portfolio in Q4 2019.
- Jacobs Asset Management opened 6 new positions and closed 9 in Q4 2019.
- Jacobs Asset Management's portfolio value fell 6% quarter-over-quarter to $479M.
Based on Jacobs Asset Management's 13F filing for Q4 2019, filed 13 Feb 2020.