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MCM
Maltese Capital Management Portfolio holdings
AUM
$508M
1-Year Est. Return
21.31%
This Fund
S&P 500
This Quarter
Est. Return
-2.98%
1 Year Est. Return
+21.31%
3 Year Est. Return
+85.51%
5 Year Est. Return
+66.69%
10 Year Est. Return
+260.06%
AUM
$589M
AUM Growth
-$155M
(-21%)
Cap. Flow
-$127M
Cap. Flow
% of AUM
-21.52%
Top 10 Holdings %
Top 10 Hldgs %
23.6%
Holding
183
New
19
Increased
31
Reduced
88
Closed
27
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs
GS
|
+$6.78M |
| 2 |
QCR Holdings
QCRH
|
+$4.65M |
| 3 |
Hilltop Holdings
HTH
|
+$3.6M |
| 4 |
International Bancshares
IBOC
|
+$3.36M |
| 5 |
JPMorgan Chase
JPM
|
+$3.35M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
IBTX
Independent Bank Group, Inc.
IBTX
|
+$16.8M |
| 2 |
BancFirst
BANF
|
+$10.7M |
| 3 |
Bankunited
BKU
|
+$9.73M |
| 4 |
Citigroup
C
|
+$8.96M |
| 5 |
SASR
Sandy Spring Bancorp Inc
SASR
|
+$7.83M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 83.22% |
| 2 | Consumer Discretionary | 5.27% |
| 3 | Real Estate | 2.03% |
| 4 | Technology | 1.09% |
| 5 | Industrials | 0.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Lennar Class B
LEN.B
$20B
| $24.5M | 4.16% |
392,396
-95,416
| -20% | -$5.15M |
|
2
Morgan Stanley
MS
$337B
| $18.4M | 3.13% |
380,733
-125,667
| -25% | -$6.33M |
|
3
Zions Bancorporation
ZION
$10.1B
| $17.3M | 2.94% |
592,826
-15,974
| -3% | -$515K |
|
|
4
Citigroup
C
$222B
| $12.3M | 2.09% |
285,642
-179,858
| -39% | -$8.96M |
|
5
Ameris Bancorp
ABCB
$5.89B
| $12.2M | 2.07% |
534,151
-40,517
| -7% | -$953K |
|
6
Wintrust Financial
WTFC
$10.7B
| $11.8M | 2.01% |
295,000
-73,538
| -20% | -$3.15M |
|
7
Independent Bank Corp
IBCP
$776M
| $11.1M | 1.89% |
885,207
-35,198
| -4% | -$493K |
|
|
LBAI
8
DELISTED
Lakeland Bancorp Inc
LBAI
| $10.9M | 1.85% |
1,095,707
-117,816
| -10% | -$1.25M |
|
|
9
QCR Holdings
QCRH
$1.65B
| $10.4M | 1.77% |
380,191
+157,601
| +71% | +$4.65M |
|
10
KKR & Co
KKR
$89.2B
| $10M | 1.7% |
292,200
+7,200
| +3% | +$252K |
|
|
11
Goldman Sachs
GS
$313B
| $9.71M | 1.65% |
48,300
+33,300
| +222% | +$6.78M |
|
12
Investar Holding Corp
ISTR
$411M
| $9.49M | 1.61% |
740,661
-31,607
| -4% | -$431K |
|
13
First Mid Bancshares
FMBH
$1.36B
| $8.93M | 1.52% |
357,900
-65,244
| -15% | -$1.65M |
|
|
ESSA
14
DELISTED
ESSA Bancorp
ESSA
| $8.85M | 1.5% |
717,481
-9,204
| -1% | -$120K |
|
15
Ares Management
ARES
$28.5B
| $8.57M | 1.45% |
212,000
-38,000
| -15% | -$1.52M |
|
|
LBC
16
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $8M | 1.36% |
957,473
-55,780
| -6% | -$520K |
|
17
Valley National Bancorp
VLY
$7.93B
| $7.99M | 1.36% |
1,166,200
-391,250
| -25% | -$2.91M |
|
|
AAMI
18
Acadian Asset Management
AAMI
$2.88B
| $7.8M | 1.33% |
605,000
-167,600
| -22% | -$2.21M |
|
|
HONE
19
DELISTED
HarborOne Bancorp
HONE
| $7.5M | 1.27% |
930,000
-421,500
| -31% | -$3.6M |
|
|
HTB
20
HomeTrust Bancshares
HTB
$818M
| $7.47M | 1.27% |
550,126
-4,874
| -0.9% | -$70.2K |
|
21
Civista Bancshares
CIVB
$594M
| $7.26M | 1.23% |
579,800
-103,648
| -15% | -$1.41M |
|
|
PFC
22
DELISTED
Premier Financial Corp. Common Stock
PFC
| $7.08M | 1.2% |
454,511
-100,519
| -18% | -$1.76M |
|
|
TCF
23
DELISTED
TCF Financial Corporation Common Stock
TCF
| $6.97M | 1.18% |
298,356
-139,744
| -32% | -$3.74M |
|
|
STL
24
DELISTED
Sterling Bancorp
STL
| $6.9M | 1.17% |
655,486
-272,491
| -29% | -$3.09M |
|
|
ESXB
25
DELISTED
Community Bankers Trust Corporation
ESXB
| $6.78M | 1.15% |
1,334,805
-5,195
| -0.4% | -$26.4K |
|
Similar funds
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MC
OA
MCA
BA
RFG
PWMG
Maltese Capital Management's Q3 2020 Portfolio in Review
As of Q3 2020, Maltese Capital Management held 183 positions worth $589M, down 21% from $744M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Maltese Capital Management withdrew a net $127M in Q3 2020, closing 27 positions and reducing 88 holdings. Its most notable exit was Independent Bank Group, Inc., an estimated $16.8M position sold in full.
By sector, the portfolio is most concentrated in Financials at 83% of assets, down from 85% a quarter earlier, followed by Consumer Discretionary and Real Estate.
Against the trend, Maltese Capital Management opened a new position in Hilltop Holdings worth $3.82M.
- Maltese Capital Management's largest Q3 2020 buy was Hilltop Holdings: 185,755 shares worth $3.82M.
- Maltese Capital Management added most to Goldman Sachs in Q3 2020, an estimated $6.78M increase.
- Maltese Capital Management's biggest Q3 2020 reduction was Citigroup, cutting an estimated $8.96M.
- Maltese Capital Management fully exited Independent Bank Group, Inc. in Q3 2020, selling an estimated $16.8M.
- Maltese Capital Management's ten largest holdings make up 24% of its $589M portfolio in Q3 2020.
- Maltese Capital Management opened 19 new positions and closed 27 in Q3 2020.
- Maltese Capital Management's portfolio value fell 21% quarter-over-quarter to $589M.
Based on Maltese Capital Management's 13F filing for Q3 2020, filed 16 Nov 2020.