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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
-10.71%
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
$172M
AUM Growth
-$32.3M
(-16%)
Cap. Flow
-$9.76M
Cap. Flow
% of AUM
-5.66%
Top 10 Holdings %
Top 10 Hldgs %
53.71%
Holding
47
New
9
Increased
6
Reduced
17
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Allstate
ALL
|
+$13.9M |
| 2 |
Columbia Banking Systems
COLB
|
+$9.72M |
| 3 |
AGNC Investment
AGNC
|
+$4.89M |
| 4 |
First Horizon
FHN
|
+$4.44M |
| 5 |
CMA
Comerica
CMA
|
+$4.38M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
M&T Bank
MTB
|
+$8.83M |
| 2 |
Banc of California
BANC
|
+$5.97M |
| 3 |
First Busey Corp
BUSE
|
+$4.94M |
| 4 |
CNB Financial Corp
CCNE
|
+$4.59M |
| 5 |
Progressive
PGR
|
+$3.79M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 90.66% |
| 2 | Communication Services | 6.71% |
| 3 | Real Estate | 2.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Allstate
ALL
$68B
| $16.3M | 9.48% |
147,500
+110,000
| +293% | +$13.9M |
|
|
GOLD
2
Gold.com Inc
GOLD
$1.2B
| $12M | 6.94% |
345,000
-103,277
| -23% | -$3.43M |
|
|
SII
3
Sprott
SII
$2.66B
| $10.9M | 6.34% |
300,000
-89,489
| -23% | -$3.35M |
|
4
First Interstate BancSystem
FIBK
$3.69B
| $9.7M | 5.63% |
325,000
-50,000
| -13% | -$1.76M |
|
5
Popular Inc
BPOP
$11.2B
| $9.32M | 5.41% |
162,355
-12,645
| -7% | -$823K |
|
|
CMA
6
DELISTED
Comerica
CMA
| $7.77M | 4.51% |
178,900
+68,300
| +62% | +$4.38M |
|
|
7
Columbia Banking Systems
COLB
$8.84B
| $7.5M | 4.35% |
+350,000
| New | +$9.72M |
|
8
QuinStreet
QNST
$890M
| $6.56M | 3.8% |
413,132
-14,770
| -3% | -$234K |
|
9
QCR Holdings
QCRH
$1.69B
| $6.42M | 3.72% |
146,112
| – | – |
|
10
OFG Bancorp
OFG
$2.23B
| $6.07M | 3.53% |
243,576
-31,424
| -11% | -$879K |
|
11
Esquire Financial Holdings
ESQ
$1.12B
| $5.47M | 3.18% |
140,000
+20,000
| +17% | +$843K |
|
12
Community Bank
CBU
$3.41B
| $5.25M | 3.05% |
100,000
+66,881
| +202% | +$3.92M |
|
13
Westamerica Bancorp
WABC
$1.38B
| $4.98M | 2.89% |
112,430
+18,325
| +19% | +$985K |
|
14
First Bancorp
FBP
$4.42B
| $4.85M | 2.82% |
425,000
| – | – |
|
|
15
Progressive
PGR
$123B
| $4.65M | 2.7% |
32,500
-27,500
| -46% | -$3.79M |
|
|
16
AGNC Investment
AGNC
$12.4B
| $4.54M | 2.63% |
+450,000
| New | +$4.89M |
|
|
17
M&T Bank
MTB
$35.7B
| $4.48M | 2.6% |
37,500
-60,800
| -62% | -$8.83M |
|
18
Cullen/Frost Bankers
CFR
$10.3B
| $4.48M | 2.6% |
42,500
-15,000
| -26% | -$1.87M |
|
19
WisdomTree
WT
$2.96B
| $4.39M | 2.55% |
750,000
-25,000
| -3% | -$146K |
|
20
MainStreet Bancshares
MNSB
$164M
| $4.38M | 2.54% |
186,293
-48,707
| -21% | -$1.34M |
|
|
MLVF
21
DELISTED
Malvern Bancorp, Inc.
MLVF
| $4.07M | 2.36% |
268,163
+199,334
| +290% | +$3.43M |
|
22
MediaAlpha
MAX
$758M
| $3.75M | 2.17% |
250,000
-14,600
| -6% | -$197K |
|
23
First Mid Bancshares
FMBH
$1.39B
| $3.6M | 2.09% |
132,261
-22,287
| -14% | -$679K |
|
|
24
First Horizon
FHN
$12.2B
| $3.56M | 2.06% |
+200,000
| New | +$4.44M |
|
25
Bank of America
BAC
$435B
| $3M | 1.74% |
+105,000
| New | +$3.47M |
|
Similar funds
RFA
HWA
LAM
MG
MSF
SV
GSP
TC
Jacobs Asset Management's Q1 2023 Portfolio in Review
As of Q1 2023, Jacobs Asset Management held 47 positions worth $172M, down 16% from $205M the previous quarter. Its ten largest holdings account for 54% of the portfolio.
Jacobs Asset Management withdrew a net $9.76M in Q1 2023, closing 11 positions and reducing 17 holdings. Its most notable exit was Banc of California, an estimated $5.97M position sold in full.
By sector, the portfolio is most concentrated in Financials at 91% of assets, down from 93% a quarter earlier, followed by Communication Services and Real Estate.
Against the trend, Jacobs Asset Management opened a new position in Columbia Banking Systems worth $7.5M.
- Jacobs Asset Management's largest Q1 2023 buy was Columbia Banking Systems: 350,000 shares worth $7.5M.
- Jacobs Asset Management added most to Allstate in Q1 2023, an estimated $13.9M increase.
- Jacobs Asset Management's biggest Q1 2023 reduction was M&T Bank, cutting an estimated $8.83M.
- Jacobs Asset Management fully exited Banc of California in Q1 2023, selling an estimated $5.97M.
- Jacobs Asset Management's ten largest holdings make up 54% of its $172M portfolio in Q1 2023.
- Jacobs Asset Management opened 9 new positions and closed 11 in Q1 2023.
- Jacobs Asset Management's portfolio value fell 16% quarter-over-quarter to $172M.
Based on Jacobs Asset Management's 13F filing for Q1 2023, filed 15 May 2023.