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
+5.63%
1 Year Est. Return
+40.56%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$742M
AUM Growth
+$383M
(+107%)
Cap. Flow
+$291M
Cap. Flow
% of AUM
39.22%
Top 10 Holdings %
Top 10 Hldgs %
27.5%
Holding
148
New
46
Increased
52
Reduced
8
Closed
32
Avg Time Held Equity + Options
0.8
years
Top 10 Avg Time Held Equity + Options
0.3
years
Top 20 Avg Time Held Equity + Options
0.6
years
Avg Time Held Equity only
0.9
years
Top 10 Avg Time Held Equity only
0.4
years
Top 20 Avg Time Held Equity only
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
OPB
Opus Bank Common Stock
OPB
|
+$16.9M |
| 2 |
ACBI
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
|
+$16.7M |
| 3 |
AF
Astoria Financial Corporation
AF
|
+$16.6M |
| 4 |
Synchrony
SYF
|
+$16.6M |
| 5 |
Flagstar Bank National Association
FLG
|
+$14.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rithm Capital
RITM
|
+$10.9M |
| 2 |
FSGI
FIRST SECURITY GROUP, INC.
FSGI
|
+$6.99M |
| 3 |
Banc of California
BANC
|
+$6.18M |
| 4 |
AerCap
AER
|
+$5M |
| 5 |
M&T Bank Corporation
MTB.WS
|
+$3.94M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 72.29% |
| 2 | Miscellaneous | 22.25% |
| 3 | Consumer Discretionary | 2.4% |
| 4 | Technology | 1.43% |
| 5 | Real Estate | 1.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
YDKN
1
DELISTED
Yadkin Financial Corporation
YDKN
| $33.1M | 4.46% |
1,316,180
+277,846
| +27% | +$6.75M |
2013 Q2
10 quarters
|
|
2
PUT
State Street Financial Select Sector SPDR ETF
XLF
$50.7B
| $24.4M | 3.29% |
+1,167,625
| New | +$24.6M |
2015 Q4
0 quarters
|
|
3
PUT
Kinder Morgan
KMI
$74.3B
| $23.1M | 3.11% |
+550,000
| New | +$13.1M |
2015 Q4
0 quarters
|
|
|
BNCN
4
DELISTED
BNC Bancorp
BNCN
| $22.1M | 2.97% |
869,720
+551,248
| +173% | +$13.3M |
2013 Q2
10 quarters
|
|
|
AF
5
DELISTED
Astoria Financial Corporation
AF
| $17.8M | 2.4% |
1,125,000
+1,025,000
| +1,025% | +$16.6M |
2014 Q3
5 quarters
|
|
|
NBBC
6
DELISTED
NEWBRIDGE BANCORP CLASS A COM STK (NC)
NBBC
| $17.6M | 2.37% |
1,444,271
+152,638
| +12% | +$1.75M |
2014 Q4
4 quarters
|
|
|
ACBI
7
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $17.2M | 2.32% |
+1,149,120
| New | +$16.7M |
2015 Q4
0 quarters
|
|
|
OPB
8
DELISTED
Opus Bank Common Stock
OPB
| $16.6M | 2.23% |
+448,540
| New | +$16.9M |
2015 Q4
0 quarters
|
|
|
9
Synchrony
SYF
$23.3B
| $16.1M | 2.17% |
+530,000
| New | +$16.6M |
2015 Q4
0 quarters
|
|
10
DELISTED
Discover Financial Services
DFS
| $16.1M | 2.17% |
300,000
+175,000
| +140% | +$9.71M |
2015 Q3
1 quarter
|
|
|
11
Flagstar Bank National Association
FLG
$4.61B
| $13.9M | 1.87% |
+283,333
| New | +$14.4M |
2015 Q4
0 quarters
|
|
12
Triumph Financial Inc
TFIN
$1.46B
| $13.5M | 1.82% |
820,584
+89,880
| +12% | +$1.53M |
2014 Q4
4 quarters
|
|
|
BNK
13
DELISTED
C1 FINL INC COM STK (FL)
BNK
| $13.2M | 1.78% |
545,706
-72,326
| -12% | -$1.62M |
2014 Q3
5 quarters
|
|
14
PUT
iShares S&P 100 ETF
OEF
$20.6B
| $12.7M | 1.71% |
+112,500
| New | +$10.3M |
2015 Q4
0 quarters
|
|
15
Ameris Bancorp
ABCB
$5.24B
| $12.1M | 1.63% |
355,715
+84,285
| +31% | +$2.7M |
2013 Q2
10 quarters
|
|
|
BPFH
16
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $12.1M | 1.63% |
1,065,540
+803,867
| +307% | +$9.35M |
2015 Q2
2 quarters
|
|
17
DELISTED
First Foundation Inc
FFWM
| $11.9M | 1.6% |
1,010,078
+617,552
| +157% | +$7.2M |
2015 Q3
1 quarter
|
|
18
HomeTrust Bancshares
HTB
$759M
| $11.8M | 1.58% |
580,646
| – | – |
2013 Q3
9 quarters
|
|
|
COWN
19
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $11.5M | 1.55% |
752,723
+370,405
| +97% | +$6.42M |
2013 Q2
10 quarters
|
|
|
UBNK
20
DELISTED
United Financial Bancorp, Inc.
UBNK
| $11.1M | 1.5% |
861,223
+675,723
| +364% | +$9.04M |
2015 Q2
2 quarters
|
|
|
ABCW
21
DELISTED
ANCHOR BANCORP WISCONSIN INC COMMON STOCK
ABCW
| $10.7M | 1.44% |
246,256
+179,706
| +270% | +$7.62M |
2015 Q2
2 quarters
|
|
22
Fidelity National Information Services
FIS
$18.3B
| $10.6M | 1.43% |
+175,000
| New | +$11.6M |
2015 Q4
0 quarters
|
|
23
Citizens Financial Group
CFG
$26.4B
| $10.5M | 1.41% |
+400,000
| New | +$10.1M |
2015 Q4
0 quarters
|
|
24
Voya Financial
VOYA
$8.62B
| $10.2M | 1.37% |
+275,000
| New | +$10.9M |
2015 Q4
0 quarters
|
|
|
HEOP
25
DELISTED
Heritage Oaks Bancorp
HEOP
| $9.43M | 1.27% |
1,179,986
+895,430
| +315% | +$7.52M |
2013 Q2
10 quarters
|
|
Similar funds
SHA
FPW
OCFG
S
HC
HC
BC
GCC
Mendon Capital Advisors's Q4 2015 Portfolio in Review
As of Q4 2015, Mendon Capital Advisors held 148 positions worth $742M, up 107% from $359M the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Mendon Capital Advisors deployed $291M of net new capital in Q4 2015, opening 46 new positions and adding to 52 existing holdings. Its largest new stake was Opus Bank Common Stock: 448,540 shares worth $16.6M.
By sector, the portfolio is most concentrated in Financials at 72% of assets, up from 70% a quarter earlier, followed by Miscellaneous and Consumer Discretionary.
On the sell side, the largest reduction was C1 FINL INC COM STK (FL), an estimated $1.62M trimmed.
- Mendon Capital Advisors's largest Q4 2015 buy was Opus Bank Common Stock: 448,540 shares worth $16.6M.
- Mendon Capital Advisors added most to Astoria Financial Corporation in Q4 2015, an estimated $16.6M increase.
- Mendon Capital Advisors's biggest Q4 2015 reduction was C1 FINL INC COM STK (FL), cutting an estimated $1.62M.
- Mendon Capital Advisors fully exited Rithm Capital in Q4 2015, selling an estimated $10.9M.
- Mendon Capital Advisors's ten largest holdings make up 28% of its $742M portfolio in Q4 2015.
- Mendon Capital Advisors opened 46 new positions and closed 32 in Q4 2015.
- Mendon Capital Advisors's portfolio value rose 107% quarter-over-quarter to $742M.
Based on Mendon Capital Advisors's 13F filing for Q4 2015, filed 12 Feb 2016.