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
+2.22%
1 Year Est. Return
+40.56%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$277M
AUM Growth
+$5.52M
Cap. Flow
+$2.67M
Cap. Flow %
0.96%
Top 10 Hldgs %
45.36%
Holding
68
New
13
Increased
11
Reduced
25
Closed
6
Avg Time Held
2 years
Top 10 Avg Time Held
1.1 years
Top 20 Avg Time Held
1.9 years

Top Buys

Rank Stock Value
1
CADE icon
Cadence Bancorporation
CADE
+$3.92M
2
WSBC icon
WesBanco
WSBC
+$3.75M
3
MPB icon
Mid Penn Bancorp
MPB
+$3.53M
4
FBNC icon
First Bancorp
FBNC
+$3.24M
5
FSBC icon
Five Star Bancorp
FSBC
+$2.59M

Top Sells

Rank Stock Value
1
SBNY
Signature Bank
SBNY
+$7.28M
2
WFC icon
Wells Fargo
WFC
+$4.47M
3
FLG icon
Flagstar Bank National Association
FLG
+$3.34M
4
FBK icon
FB Financial Corp
FBK
+$3.31M
5
PACW
PacWest Bancorp
PACW
+$2.81M

Sector Composition

Rank Sector Weight
1 Financials 97.48%
2 Technology 1.85%
3 Miscellaneous 0.67%
4 Consumer Discretionary 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
LOB icon
1
Live Oak Bancshares
LOB
$1.59B
$20.6M 7.45%
350,000
-7,500
-2% -$471K
2017 Q3
15 quarters
EQBK icon
2
Equity Bancshares
EQBK
$959M
$14.2M 5.12%
465,346
-30,707
-6% -$940K
2015 Q4
22 quarters
VBTX icon
3
DELISTED
Veritex Holdings
VBTX
$14.2M 5.11%
400,000
-43,477
-10% -$1.52M
2016 Q2
20 quarters
FBMS icon
4
DELISTED
The First Bancshares, Inc.
FBMS
$13.3M 4.8%
355,697
-2,749
-0.8% -$106K
2013 Q2
32 quarters
FBP icon
5
First Bancorp
FBP
$4.08B
$12.4M 4.47%
1,038,189
+128,690
+14% +$1.59M
2020 Q2
4 quarters
STXB
6
DELISTED
Spirit of Texas Bancshares, Inc. Common Stock
STXB
$11.5M 4.15%
503,604
-21,354
-4% -$494K
2018 Q2
12 quarters
BY icon
7
Byline Bancorp
BY
$1.66B
$10.7M 3.88%
475,000
– –
2017 Q2
16 quarters
CIT
8
DELISTED
CIT Group Inc.
CIT
$10.3M 3.72%
200,000
-10,000
-5% -$525K
2020 Q4
2 quarters
OBK icon
9
Origin Bancorp
OBK
$1.58B
$9.78M 3.53%
230,343
-935
-0.4% -$40.6K
2018 Q4
10 quarters
FHN icon
10
First Horizon
FHN
$10.7B
$8.64M 3.12%
500,000
-50,000
-9% -$908K
2020 Q1
5 quarters
HBMD
11
DELISTED
Howard Bancorp, Inc. Common Stock
HBMD
$8.47M 3.06%
525,246
-4,637
-0.9% -$76.6K
2018 Q1
13 quarters
COWN
12
DELISTED
Cowen Inc. Class A Common Stock
COWN
$8.21M 2.96%
200,000
– –
2013 Q2
32 quarters
PACW
13
DELISTED
PacWest Bancorp
PACW
$7.59M 2.74%
184,299
-65,701
-26% -$2.81M
2021 Q1
1 quarter
FBK icon
14
FB Financial Corp
FBK
$2.49B
$7.48M 2.7%
200,314
-79,686
-28% -$3.31M
2016 Q3
19 quarters
CADE icon
15
DELISTED
Cadence Bancorporation
CADE
$7.03M 2.54%
336,692
+178,758
+113% +$3.92M
2021 Q1
1 quarter
SI icon
16
DELISTED
Silvergate Capital Corporation
SI
$6.5M 2.35%
57,394
+4,578
+9% +$518K
2021 Q1
1 quarter
ABCB icon
17
Ameris Bancorp
ABCB
$5.24B
$6.33M 2.28%
125,000
– –
2013 Q2
32 quarters
FRST icon
18
Primis Financial Corp
FRST
$378M
$5.66M 2.04%
370,872
+69,644
+23% +$1.04M
2020 Q4
2 quarters
RBNC
19
DELISTED
Reliant Bancorp, Inc. Common Stock
RBNC
$5.62M 2.03%
202,767
-10,992
-5% -$316K
2019 Q4
6 quarters
TFIN icon
20
Triumph Financial Inc
TFIN
$1.46B
$5.57M 2.01%
75,000
– –
2014 Q4
26 quarters
FBNC icon
21
First Bancorp
FBNC
$2.45B
$5.11M 1.85%
125,000
+75,000
+150% +$3.24M
2014 Q2
28 quarters
SLCT
22
DELISTED
Select Bancorp, Inc.
SLCT
$4.94M 1.78%
306,184
-4,663
-2% -$64.4K
2013 Q4
30 quarters
OCFC icon
23
OceanFirst Financial
OCFC
$1.52B
$4.69M 1.69%
225,147
+75,147
+50% +$1.68M
2021 Q1
1 quarter
WFC icon
24
Wells Fargo
WFC
$243B
$4.53M 1.63%
100,000
-100,000
-50% -$4.47M
2020 Q1
5 quarters
SBNY
25
DELISTED
Signature Bank
SBNY
$3.69M 1.33%
15,000
-30,000
-67% -$7.28M
2021 Q1
1 quarter
1
2 3

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Mendon Capital Advisors's Q2 2021 Portfolio in Review

As of Q2 2021, Mendon Capital Advisors held 68 positions worth $277M, up 2% from $272M the previous quarter. Its ten largest holdings account for 45% of the portfolio.

Mendon Capital Advisors's Q2 2021 filing shows 13 new, 11 increased, 25 reduced and 6 closed positions. Its largest new stake was WesBanco: 100,000 shares worth $3.56M. The largest sale was Signature Bank, an estimated $7.28M.

By sector, the portfolio is most concentrated in Financials at 97% of assets, down from 98% a quarter earlier, followed by Technology and Miscellaneous.

  • Mendon Capital Advisors's largest Q2 2021 buy was WesBanco: 100,000 shares worth $3.56M.
  • Mendon Capital Advisors added most to Cadence Bancorporation in Q2 2021, an estimated $3.92M increase.
  • Mendon Capital Advisors's biggest Q2 2021 reduction was Signature Bank, cutting an estimated $7.28M.
  • Mendon Capital Advisors fully exited Flagstar Bank National Association in Q2 2021, selling an estimated $3.34M.
  • Mendon Capital Advisors's ten largest holdings make up 45% of its $277M portfolio in Q2 2021.
  • Mendon Capital Advisors opened 13 new positions and closed 6 in Q2 2021.
  • Mendon Capital Advisors's portfolio value rose 2% quarter-over-quarter to $277M.

Based on Mendon Capital Advisors's 13F filing for Q2 2021, filed 13 Aug 2021.