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MCA

Mendon Capital Advisors Portfolio holdings

AUM $258M
1-Year Est. Return 21.23%
This Fund
S&P 500
This Quarter Est. Return
-6.91%
1 Year Est. Return
+21.23%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$302M
AUM Growth
-$46M
Cap. Flow
-$18.9M
Cap. Flow %
-6.27%
Top 10 Hldgs %
40.52%
Holding
67
New
4
Increased
11
Reduced
31
Closed
7

Top Buys

Rank Stock Value
1
FIBK icon
First Interstate BancSystem
FIBK
+$16.5M
2
FCNCA icon
First Citizens BancShares
FCNCA
+$3.89M
3
UCB
United Community Banks
UCB
+$3.68M
4
FBMS
The First Bancshares, Inc.
FBMS
+$3.27M
5
SBNY
Signature Bank
SBNY
+$3.25M

Top Sells

Rank Stock Value
1
CADE
Cadence Bank
CADE
+$6.7M
2
FHN icon
First Horizon
FHN
+$6.53M
3
CIT
CIT Group Inc.
CIT
+$6.42M
4
RBNC
Reliant Bancorp, Inc. Common Stock
RBNC
+$6.27M
5
MCB icon
Metropolitan Bank Holding Corp
MCB
+$4.75M

Sector Composition

Rank Sector Weight
1 Financials 95.96%
2 Technology 0.7%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LMST
51
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
$941K 0.31%
45,000
-34,690
-44% -$682K
SHBI icon
52
Shore Bancshares
SHBI
$820M
$921K 0.31%
44,978
+5,000
+13% +$103K
MNSB icon
53
MainStreet Bancshares
MNSB
$167M
$851K 0.28%
35,000
-40,000
-53% -$988K
SMBK icon
54
SmartFinancial
SMBK
$906M
$767K 0.25%
30,000
– –
SFST icon
55
Southern First Bancshares
SFST
$581M
$555K 0.18%
10,918
– –
CBNK icon
56
Capital Bancorp
CBNK
$616M
$495K 0.16%
21,671
-10,000
-32% -$245K
RVSB icon
57
Riverview Bancorp
RVSB
$107M
$429K 0.14%
56,844
-47,320
-45% -$362K
CSTR
58
DELISTED
CapStar Financial Holdings, Inc
CSTR
$270K 0.09%
12,821
-23,547
-65% -$504K
PTRS
59
DELISTED
Partners Bancorp Common Stock
PTRS
$228K 0.08%
24,715
– –
GB
60
DELISTED
Global Blue Group Holding
GB
$53K 0.02%
131,385
-49,677
-27% -$306K
EBC icon
61
Eastern Bankshares
EBC
$5.27B
– –
-125,000
Closed -$2.52M
FHN icon
62
First Horizon
FHN
$12.2B
– –
-400,000
Closed -$6.53M
MVBF icon
63
MVB Financial
MVBF
$400M
– –
-50,000
Closed -$2.08M
SBCF icon
64
Seacoast Banking Corp of Florida
SBCF
$3.3B
– –
-40,000
Closed -$1.42M
WTFC icon
65
Wintrust Financial
WTFC
$10.7B
– –
-20,000
Closed -$1.82M
RBNC
66
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
– –
-176,655
Closed -$6.27M
CIT
67
DELISTED
CIT Group Inc.
CIT
– –
-125,000
Closed -$6.42M
1 2
3

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FAFN
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BFP
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Mendon Capital Advisors's Q1 2022 Portfolio in Review

As of Q1 2022, Mendon Capital Advisors held 67 positions worth $302M, down 13% from $348M the previous quarter. Its ten largest holdings account for 41% of the portfolio.

Mendon Capital Advisors withdrew a net $18.9M in Q1 2022, closing 7 positions and reducing 31 holdings. Its most notable exit was First Horizon, an estimated $6.53M position sold in full.

By sector, the portfolio is most concentrated in Financials at 96% of assets, down from 96% a quarter earlier, followed by Technology.

Against the trend, Mendon Capital Advisors opened a new position in First Interstate BancSystem worth $15.4M.

  • Mendon Capital Advisors's largest Q1 2022 buy was First Interstate BancSystem: 419,051 shares worth $15.4M.
  • Mendon Capital Advisors added most to The First Bancshares, Inc. in Q1 2022, an estimated $3.27M increase.
  • Mendon Capital Advisors's biggest Q1 2022 reduction was Cadence Bank, cutting an estimated $6.7M.
  • Mendon Capital Advisors fully exited First Horizon in Q1 2022, selling an estimated $6.53M.
  • Mendon Capital Advisors's ten largest holdings make up 41% of its $302M portfolio in Q1 2022.
  • Mendon Capital Advisors opened 4 new positions and closed 7 in Q1 2022.
  • Mendon Capital Advisors's portfolio value fell 13% quarter-over-quarter to $302M.

Based on Mendon Capital Advisors's 13F filing for Q1 2022, filed 16 May 2022.