Maltese Capital Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
M&T Bank
MTB
|
+$10.9M |
| 2 |
PACWP
PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A
PACWP
|
+$7.99M |
| 3 |
AAMI
Acadian Asset Management
AAMI
|
+$5.84M |
| 4 |
CMA
Comerica
CMA
|
+$5.66M |
| 5 |
Pinnacle Financial Partners Inc
PNFP
|
+$3.95M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
PACW
PacWest Bancorp
PACW
|
+$7.12M |
| 2 |
Columbia Banking Systems
COLB
|
+$5.65M |
| 3 |
Zions Bancorporation
ZION
|
+$5.57M |
| 4 |
US Bancorp
USB
|
+$4.65M |
| 5 |
GNTY
Guaranty Bancshares
GNTY
|
+$3.76M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 91.76% |
| 2 | Consumer Discretionary | 2.53% |
| 3 | Real Estate | 0.98% |
| 4 | Industrials | 0.11% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
126
US Bancorp
USB
$99.6B
| – | – |
-87,500
| Closed | -$4.65M |
|
127
Western Alliance Bancorporation
WAL
$8.87B
| – | – |
-15,000
| Closed | -$1.24M |
|
|
128
Zions Bancorporation
ZION
$10.3B
| – | – |
-85,000
| Closed | -$5.57M |
|
|
FLG
129
Flagstar Bank National Association
FLG
$5.82B
| – | – |
-56,667
| Closed | -$1.82M |
|
|
PFC
130
DELISTED
Premier Financial Corp. Common Stock
PFC
| – | – |
-47,500
| Closed | -$1.44M |
|
|
PACW
131
DELISTED
PacWest Bancorp
PACW
| – | – |
-165,000
| Closed | -$7.12M |
|
|
SAL
132
DELISTED
Salisbury Bancorp, Inc.
SAL
| – | – |
-11,520
| Closed | -$326K |
|
|
SIVB
133
DELISTED
SVB Financial Group
SIVB
| – | – |
-6,400
| Closed | -$3.58M |
|
Similar funds
Maltese Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, Maltese Capital Management held 142 positions worth $465M, down 12% from $531M the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Maltese Capital Management's Q2 2022 filing shows 8 new, 45 increased, 36 reduced and 20 closed positions. Its largest new stake was PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A: 310,000 shares worth $7.93M. The largest sale was PacWest Bancorp, an estimated $7.12M.
By sector, the portfolio is most concentrated in Financials at 92% of assets, up from 91% a quarter earlier, followed by Consumer Discretionary and Real Estate.
- Maltese Capital Management's largest Q2 2022 buy was PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of % Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A: 310,000 shares worth $7.93M.
- Maltese Capital Management added most to M&T Bank in Q2 2022, an estimated $10.9M increase.
- Maltese Capital Management's biggest Q2 2022 reduction was National Bank Holdings, cutting an estimated $3.21M.
- Maltese Capital Management fully exited PacWest Bancorp in Q2 2022, selling an estimated $7.12M.
- Maltese Capital Management's ten largest holdings make up 22% of its $465M portfolio in Q2 2022.
- Maltese Capital Management opened 8 new positions and closed 20 in Q2 2022.
- Maltese Capital Management's portfolio value fell 12% quarter-over-quarter to $465M.
Based on Maltese Capital Management's 13F filing for Q2 2022, filed 15 Aug 2022.