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
+1.12%
1 Year Est. Return
+40.56%
3 Year Est. Return
–
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$258M
AUM Growth
-$79.7M
Cap. Flow
+$93.8M
Cap. Flow %
36.38%
Top 10 Hldgs %
46.96%
Holding
74
New
9
Increased
14
Reduced
13
Closed
21
Avg Time Held Equity + Options
2.1 years
Top 10 Avg Time Held Equity + Options
1.2 years
Top 20 Avg Time Held Equity + Options
1.5 years
Avg Time Held Equity only
2.1 years
Top 10 Avg Time Held Equity only
1.6 years
Top 20 Avg Time Held Equity only
1.6 years

Top Buys

Rank Stock Value
1
FAF icon
First American
FAF
+$76.1M
2
IDA icon
Idacorp
IDA
+$10.6M
3
NIC icon
Nicolet Bankshares
NIC
+$7.99M
4
RS icon
Reliance Steel & Aluminium
RS
+$6.35M
5
BCAL icon
Southern California Bancorp
BCAL
+$2.74M

Top Sells

Rank Stock Value
1
MOFG icon
MidWestOne Financial Group
MOFG
+$7.09M
2
MCHB icon
Mechanics Bancorp
MCHB
+$5.61M
3
FLG icon
Flagstar Bank National Association
FLG
+$3.98M
4
CBC icon
Central Bancompany Inc
CBC
+$2.43M
5
VBNK icon
VersaBank
VBNK
+$1.73M

Sector Composition

Rank Sector Weight
1 Financials 99.05%
2 Utilities 0.77%
3 Materials 0.11%
4 Technology 0.06%
5 Miscellaneous 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
EQBK icon
1
Equity Bancshares
EQBK
$959M
$17M 6.58%
382,050
-3,186
-0.8% -$145K
2015 Q4
41 quarters
FRST icon
2
Primis Financial Corp
FRST
$378M
$16.3M 6.3%
1,224,543
+7,216
+0.6% +$96.9K
2020 Q4
21 quarters
ABX icon
3
Abacus Global Management
ABX
$756M
$15.4M 5.95%
1,949,321
-63,179
-3% -$548K
2024 Q2
7 quarters
VBNK icon
4
VersaBank
VBNK
$709M
$13.4M 5.19%
945,241
-112,452
-11% -$1.73M
2021 Q3
18 quarters
NIC icon
5
Nicolet Bankshares
NIC
$3.41B
$11.1M 4.32%
74,988
+54,988
+275% +$7.99M
2025 Q3
2 quarters
RNST icon
6
Renasant Corp
RNST
$3.56B
$11.1M 4.31%
307,500
+37,500
+14% +$1.41M
2025 Q2
3 quarters
USCB icon
7
USCB Financial Holdings
USCB
$406M
$10.6M 4.13%
574,100
+86,958
+18% +$1.66M
2021 Q3
18 quarters
FHN icon
8
First Horizon
FHN
$10.7B
$9.75M 3.78%
428,585
-36,415
-8% -$871K
2025 Q1
4 quarters
OBK icon
9
Origin Bancorp
OBK
$1.58B
$8.29M 3.21%
200,000
– –
2018 Q4
29 quarters
CBK icon
10
Commercial Bancgroup
CBK
$426M
$8.21M 3.18%
315,633
-59,214
-16% -$1.52M
2025 Q4
1 quarter
COSO icon
11
CoastalSouth Bancshares
COSO
$317M
$8.11M 3.14%
329,743
+63,955
+24% +$1.55M
2025 Q3
2 quarters
BCAL icon
12
Southern California Bancorp
BCAL
$690M
$7.17M 2.78%
404,369
+149,491
+59% +$2.74M
2023 Q4
9 quarters
CIVB icon
13
Civista Bancshares
CIVB
$550M
$7.1M 2.75%
311,725
+86,390
+38% +$2M
2020 Q2
23 quarters
BFST icon
14
Business First Bancshares
BFST
$1B
$6.76M 2.62%
250,000
– –
2019 Q4
25 quarters
AVBH icon
15
Avidbank Holdings
AVBH
$337M
$6.26M 2.43%
219,678
-14,875
-6% -$420K
2025 Q3
2 quarters
MYFW icon
16
First Western Financial
MYFW
$285M
$6.23M 2.41%
253,336
– –
2018 Q3
30 quarters
AMTB icon
17
Amerant Bancorp
AMTB
$1.12B
$6.02M 2.34%
273,308
-53,100
-16% -$1.14M
2021 Q4
17 quarters
BBT icon
18
Beacon Financial Corp
BBT
$2.27B
$5.99M 2.32%
199,731
+93,338
+88% +$2.72M
2025 Q2
3 quarters
FBK icon
19
FB Financial Corp
FBK
$2.49B
$5.97M 2.32%
115,000
-5,000
-4% -$281K
2025 Q4
1 quarter
SFNC icon
20
Simmons First National
SFNC
$3.19B
$5.35M 2.07%
275,000
+25,000
+10% +$499K
2025 Q3
2 quarters
NPB icon
21
Northpointe Bancshares
NPB
$537M
$5.33M 2.07%
308,624
+143,010
+86% +$2.52M
2025 Q1
4 quarters
MCHB icon
22
Mechanics Bancorp
MCHB
$3.14B
$5.13M 1.99%
347,614
-378,888
-52% -$5.61M
2024 Q1
8 quarters
FSUN icon
23
FirstSun Capital Bancorp
FSUN
$1.66B
$4.97M 1.93%
136,325
-4,190
-3% -$159K
2024 Q3
6 quarters
BANC icon
24
Banc of California
BANC
$2.69B
$4.83M 1.87%
275,000
+25,000
+10% +$477K
2025 Q4
1 quarter
CCB icon
25
Coastal Financial
CCB
$628M
$4.26M 1.65%
56,000
+26,000
+87% +$2.35M
2025 Q3
2 quarters
1
2 3

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Mendon Capital Advisors's Q1 2026 Portfolio in Review

As of Q1 2026, Mendon Capital Advisors held 74 positions worth $258M, down 24% from $338M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Mendon Capital Advisors deployed $93.8M of net new capital in Q1 2026, opening 9 new positions and adding to 14 existing holdings. Its largest new stake was First American: 1,188,914 shares worth $1.19M.

By sector, the portfolio is most concentrated in Financials at 99% of assets, up from 76% a quarter earlier, followed by Utilities and Materials.

On the sell side, the largest reduction was Mechanics Bancorp, an estimated $5.61M trimmed.

  • Mendon Capital Advisors's largest Q1 2026 buy was First American: 1,188,914 shares worth $1.19M.
  • Mendon Capital Advisors added most to Nicolet Bankshares in Q1 2026, an estimated $7.99M increase.
  • Mendon Capital Advisors's biggest Q1 2026 reduction was Mechanics Bancorp, cutting an estimated $5.61M.
  • Mendon Capital Advisors fully exited MidWestOne Financial Group in Q1 2026, selling an estimated $7.09M.
  • Mendon Capital Advisors's ten largest holdings make up 47% of its $258M portfolio in Q1 2026.
  • Mendon Capital Advisors opened 9 new positions and closed 21 in Q1 2026.
  • Mendon Capital Advisors's portfolio value fell 24% quarter-over-quarter to $258M.

Based on Mendon Capital Advisors's 13F filing for Q1 2026, filed 15 May 2026.