We are live on
!
Find out more
MCA
Mendon Capital Advisors Portfolio holdings
AUM
$283M
Turnover
26.32%
1-Year Est. Return
40.56%
This Fund
S&P 500
This Quarter
Est. Return
+5.34%
1 Year Est. Return
+40.56%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$638M
AUM Growth
-$185M
(-22%)
Cap. Flow
-$108M
Cap. Flow
% of AUM
-16.99%
Top 10 Holdings %
Top 10 Hldgs %
48.53%
Holding
93
New
10
Increased
10
Reduced
41
Closed
26
Avg Time Held Equity + Options
2.3
years
Top 10 Avg Time Held Equity + Options
0.9
years
Top 20 Avg Time Held Equity + Options
1.2
years
Avg Time Held Equity only
2.6
years
Top 10 Avg Time Held Equity only
1.3
years
Top 20 Avg Time Held Equity only
1.4
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
South Plains Financial
SPFI
|
+$4.45M |
| 2 |
Equity Bancshares
EQBK
|
+$4.02M |
| 3 |
Comerica
CMA
|
+$2.79M |
| 4 |
OLBK
Old Line Bancshares, Inc.
OLBK
|
+$1.89M |
| 5 |
LBC
Luther Burbank Corporation Common Stock
LBC
|
+$1.12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Triumph Financial Inc
TFIN
|
+$16M |
| 2 |
FB Financial Corp
FBK
|
+$14.4M |
| 3 |
Ameris Bancorp
ABCB
|
+$9.39M |
| 4 |
Independent Bank Group, Inc.
IBTX
|
+$9.3M |
| 5 |
MSL
Midsouth Bancorp, Inc.
MSL
|
+$7.6M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 86.76% |
| 2 | Miscellaneous | 13.24% |
| 3 | Industrials | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Banc of California
BANC
$2.73B
| $8.65M | 1.36% |
619,439
-6,867
| -1% | -$97K |
2017 Q3
7 quarters
|
|
27
Seacoast Banking Corp of Florida
SBCF
$3.14B
| $6.65M | 1.04% |
261,227
-67,709
| -21% | -$1.76M |
2013 Q2
24 quarters
|
|
28
PUT
State Street Financial Select Sector SPDR ETF
XLF
$51.4B
| $6.41M | 1% |
232,300
-502,700
| -68% | -$13.6M |
2015 Q4
14 quarters
|
|
29
Silvercrest Asset Management
SAMG
$83.4M
| $6.34M | 0.99% |
451,618
-52,038
| -10% | -$727K |
2013 Q2
24 quarters
|
|
30
Bank7 Corp
BSVN
$529M
| $5.85M | 0.92% |
316,297
-2,235
| -0.7% | -$38.6K |
2018 Q3
3 quarters
|
|
31
Bank of America
BAC
$362B
| $5.8M | 0.91% |
200,000
| – | – |
2013 Q2
24 quarters
|
|
32
Investar Holding Corp
ISTR
$395M
| $5.79M | 0.91% |
242,652
-17,839
| -7% | -$415K |
2017 Q1
9 quarters
|
|
33
Civista Bancshares
CIVB
$558M
| $5.63M | 0.88% |
250,689
-36,032
| -13% | -$793K |
2017 Q1
9 quarters
|
|
34
DELISTED
Stellar Bancorp
STEL
| $4.89M | 0.77% |
173,984
-1,754
| -1% | -$51.9K |
2017 Q4
6 quarters
|
|
|
COWN
35
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $4.87M | 0.76% |
283,185
-150,000
| -35% | -$2.42M |
2013 Q2
24 quarters
|
|
36
BayCom
BCML
$338M
| $4.34M | 0.68% |
198,391
+18,824
| +10% | +$430K |
2018 Q2
4 quarters
|
|
|
37
South Plains Financial
SPFI
$809M
| $4.16M | 0.65% |
+252,076
| New | +$4.45M |
2019 Q2
0 quarters
|
|
38
First Interstate BancSystem
FIBK
$3.32B
| $3.69M | 0.58% |
93,058
-14,848
| -14% | -$593K |
2017 Q2
8 quarters
|
|
39
PUT
Blackstone
BX
$87.1B
| $3.64M | 0.57% |
+82,000
| New | +$3.27M |
2019 Q2
0 quarters
|
|
40
DELISTED
Evans Bancorp Inc
EVBN
| $3.42M | 0.54% |
90,644
-8,603
| -9% | -$308K |
2015 Q2
16 quarters
|
|
|
LBC
41
DELISTED
Luther Burbank Corporation Common Stock
LBC
| $3.04M | 0.48% |
279,077
+107,278
| +62% | +$1.12M |
2018 Q4
2 quarters
|
|
42
United Community Banks
UCB
$4.11B
| $2.94M | 0.46% |
102,959
| – | – |
2018 Q1
5 quarters
|
|
43
PUT
Citigroup
C
$207B
| $2.87M | 0.45% |
41,000
-32,500
| -44% | -$2.17M |
2017 Q4
6 quarters
|
|
44
PUT
PNC Financial Services
PNC
$85.7B
| $2.81M | 0.44% |
20,500
-4,000
| -16% | -$529K |
2019 Q1
1 quarter
|
|
|
45
DELISTED
Comerica
CMA
| $2.72M | 0.43% |
+37,500
| New | +$2.79M |
2019 Q2
0 quarters
|
|
46
PUT
JPMorgan Chase
JPM
$891B
| $2.29M | 0.36% |
20,500
-4,000
| -16% | -$441K |
2015 Q4
14 quarters
|
|
47
PUT
US Bancorp
USB
$89.4B
| $2.15M | 0.34% |
41,000
-8,000
| -16% | -$412K |
2016 Q1
13 quarters
|
|
48
PUT
Truist Financial
TFC
$56.9B
| $2.01M | 0.32% |
41,000
-32,500
| -44% | -$1.59M |
2019 Q1
1 quarter
|
|
49
PUT
Wells Fargo
WFC
$248B
| $1.94M | 0.3% |
+41,000
| New | +$1.92M |
2019 Q2
0 quarters
|
|
50
KeyCorp
KEY
$21.3B
| $1.77M | 0.28% |
100,000
| – | – |
2018 Q2
4 quarters
|
|
Similar funds
SHA
FPW
OCFG
S
HC
HC
BC
GCC
Mendon Capital Advisors's Q2 2019 Portfolio in Review
As of Q2 2019, Mendon Capital Advisors held 93 positions worth $638M, down 22% from $823M the previous quarter. Its ten largest holdings account for 49% of the portfolio.
Mendon Capital Advisors withdrew a net $108M in Q2 2019, closing 26 positions and reducing 41 holdings. Its most notable exit was Midsouth Bancorp, Inc., an estimated $7.6M position sold in full.
By sector, the portfolio is most concentrated in Financials at 87% of assets, up from 77% a quarter earlier, followed by Miscellaneous and Industrials.
Against the trend, Mendon Capital Advisors opened a new position in South Plains Financial worth $4.16M.
- Mendon Capital Advisors's largest Q2 2019 buy was South Plains Financial: 252,076 shares worth $4.16M.
- Mendon Capital Advisors added most to Equity Bancshares in Q2 2019, an estimated $4.02M increase.
- Mendon Capital Advisors's biggest Q2 2019 reduction was Triumph Financial Inc, cutting an estimated $16M.
- Mendon Capital Advisors fully exited Midsouth Bancorp, Inc. in Q2 2019, selling an estimated $7.6M.
- Mendon Capital Advisors's ten largest holdings make up 49% of its $638M portfolio in Q2 2019.
- Mendon Capital Advisors opened 10 new positions and closed 26 in Q2 2019.
- Mendon Capital Advisors's portfolio value fell 22% quarter-over-quarter to $638M.
Based on Mendon Capital Advisors's 13F filing for Q2 2019, filed 13 Aug 2019.