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
+2.64%
1 Year Est. Return
+40.56%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$1.25B
AUM Growth
+$272M
Cap. Flow
+$160M
Cap. Flow %
12.87%
Top 10 Hldgs %
31.29%
Holding
128
New
31
Increased
44
Reduced
22
Closed
10
Avg Time Held Equity + Options
1.2 years
Top 10 Avg Time Held Equity + Options
0.5 years
Top 20 Avg Time Held Equity + Options
0.8 years
Avg Time Held Equity only
1.5 years
Top 10 Avg Time Held Equity only
0.8 years
Top 20 Avg Time Held Equity only
1.1 years

Top Buys

Rank Stock Value
1
IBKC
IBERIABANK Corp
IBKC
+$21.2M
2
SBCF icon
Seacoast Banking Corp of Florida
SBCF
+$17.5M
3
FBNC icon
First Bancorp
FBNC
+$13M
4
V icon
Visa
V
+$12.9M
5
PPBI icon
Pacific Premier Bancorp
PPBI
+$11.8M

Top Sells

Rank Stock Value
1
SYF icon
Synchrony
SYF
+$16.3M
2
UBSI icon
United Bankshares
UBSI
+$9.35M
3
CFG icon
Citizens Financial Group
CFG
+$9.12M
4
C icon
Citigroup
C
+$8.87M
5
SNV icon
Synovus
SNV
+$8.34M

Sector Composition

Rank Sector Weight
1 Financials 67.51%
2 Miscellaneous 30.44%
3 Consumer Discretionary 1.36%
4 Industrials 0.55%
5 Healthcare 0.14%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
BNCN
1
DELISTED
BNC Bancorp
BNCN
$61.5M 4.93%
1,753,276
+137,795
+9% +$4.78M
2013 Q2
15 quarters
IWM icon
2
PUT
iShares Russell 2000 ETF
IWM
$76.4B
$56.7M 4.55%
412,500
+112,500
+38% +$15.4M
2016 Q1
4 quarters
SPY icon
3
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$813B
$53M 4.26%
225,000
– –
2016 Q1
4 quarters
KRE icon
4
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$3.25B
$36.9M 2.96%
675,000
+375,000
+125% +$21M
2016 Q1
4 quarters
PSTB
5
DELISTED
Park Sterling Corp.
PSTB
$36M 2.89%
2,920,738
+851,837
+41% +$9.88M
2013 Q2
15 quarters
XLF icon
6
PUT
State Street Financial Select Sector SPDR ETF
XLF
$50.7B
$33.8M 2.71%
1,425,000
+675,000
+90% +$16.2M
2015 Q4
5 quarters
SBCF icon
7
Seacoast Banking Corp of Florida
SBCF
$3.06B
$31.3M 2.51%
1,306,346
+764,260
+141% +$17.5M
2013 Q2
15 quarters
IBKC
8
DELISTED
IBERIABANK Corp
IBKC
$28.3M 2.28%
358,300
+258,300
+258% +$21.2M
2016 Q4
1 quarter
ACBI
9
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
$27.6M 2.21%
1,454,294
+410
+0% +$7.79K
2015 Q4
5 quarters
OPB
10
DELISTED
Opus Bank Common Stock
OPB
$24.8M 1.99%
1,228,420
+297,000
+32% +$6.79M
2015 Q4
5 quarters
TFIN icon
11
Triumph Financial Inc
TFIN
$1.46B
$23.9M 1.92%
927,560
+3,280
+0.4% +$87K
2014 Q4
9 quarters
ABCB icon
12
Ameris Bancorp
ABCB
$5.24B
$23.7M 1.91%
515,030
+115,030
+29% +$5.26M
2013 Q2
15 quarters
FBK icon
13
FB Financial Corp
FBK
$2.49B
$23.1M 1.85%
652,224
+163,285
+33% +$4.81M
2016 Q3
2 quarters
FFWM icon
14
DELISTED
First Foundation Inc
FFWM
$22.5M 1.81%
1,450,582
+1,180
+0.1% +$18.1K
2015 Q3
6 quarters
BKU icon
15
Bankunited
BKU
$2.92B
$21.9M 1.75%
585,720
+201,168
+52% +$7.65M
2016 Q2
3 quarters
UBNK
16
DELISTED
United Financial Bancorp, Inc.
UBNK
$19.9M 1.6%
1,172,513
– –
2015 Q2
7 quarters
MET icon
17
PUT
MetLife
MET
$63.4B
$19.8M 1.59%
+420,750
New +$20.1M
2017 Q1
0 quarters
FBNC icon
18
First Bancorp
FBNC
$2.45B
$17.7M 1.42%
605,015
+445,765
+280% +$13M
2014 Q2
11 quarters
VLY icon
19
Valley National Bancorp
VLY
$6.86B
$17.7M 1.42%
1,496,500
+900,000
+151% +$10.8M
2016 Q4
1 quarter
AF
20
DELISTED
Astoria Financial Corporation
AF
$16.9M 1.36%
825,000
+40,000
+5% +$773K
2014 Q3
10 quarters
OCFC icon
21
OceanFirst Financial
OCFC
$1.52B
$16.3M 1.31%
578,860
– –
2016 Q1
4 quarters
COWN
22
DELISTED
Cowen Inc. Class A Common Stock
COWN
$15.8M 1.26%
1,053,757
-45,650
-4% -$674K
2013 Q2
15 quarters
BPFH
23
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
$15.7M 1.26%
959,511
+990
+0.1% +$16.5K
2015 Q2
7 quarters
GBNK
24
DELISTED
Guaranty Bancorp
GBNK
$15.1M 1.21%
619,061
-58,345
-9% -$1.42M
2015 Q2
7 quarters
WAL icon
25
Western Alliance Bancorporation
WAL
$7.88B
$14.7M 1.18%
300,000
– –
2016 Q2
3 quarters
1
2 3 4 5

Similar funds

SHA
Seneca House Advisors Richmond, Virginia $283M AUM 22.4% 1-Year Est. Return
FPW
Flagship Private Wealth Woburn, Massachusetts $283M AUM 22.48% 1-Year Est. Return
OCFG
O'Connor Financial Group Quincy, Illinois $283M AUM 18.18% 1-Year Est. Return
S
ShariaPortfolio Lake Mary, Florida $283M AUM 47.51% 1-Year Est. Return
HC
Hillman Company Pittsburgh, Pennsylvania $283M AUM 23.82% 1-Year Est. Return
HC
Hendley & Co Zanesville, Ohio $283M AUM 19.89% 1-Year Est. Return
BC
Beaconlight Capital New York $283M AUM 111.98% 1-Year Est. Return
GCC
Game Creek Capital Boston, Massachusetts $283M AUM 84.92% 1-Year Est. Return

Mendon Capital Advisors's Q1 2017 Portfolio in Review

As of Q1 2017, Mendon Capital Advisors held 128 positions worth $1.25B, up 28% from $973M the previous quarter. Its ten largest holdings account for 31% of the portfolio.

Mendon Capital Advisors deployed $160M of net new capital in Q1 2017, opening 31 new positions and adding to 44 existing holdings. Its largest new stake was Visa: 150,000 shares worth $13.3M.

By sector, the portfolio is most concentrated in Financials at 68% of assets, down from 69% a quarter earlier, followed by Miscellaneous and Consumer Discretionary.

On the sell side, the largest reduction was United Bankshares, an estimated $9.35M trimmed.

  • Mendon Capital Advisors's largest Q1 2017 buy was Visa: 150,000 shares worth $13.3M.
  • Mendon Capital Advisors added most to IBERIABANK Corp in Q1 2017, an estimated $21.2M increase.
  • Mendon Capital Advisors's biggest Q1 2017 reduction was United Bankshares, cutting an estimated $9.35M.
  • Mendon Capital Advisors fully exited Synchrony in Q1 2017, selling an estimated $16.3M.
  • Mendon Capital Advisors's ten largest holdings make up 31% of its $1.25B portfolio in Q1 2017.
  • Mendon Capital Advisors opened 31 new positions and closed 10 in Q1 2017.
  • Mendon Capital Advisors's portfolio value rose 28% quarter-over-quarter to $1.25B.

Based on Mendon Capital Advisors's 13F filing for Q1 2017, filed 12 May 2017.