We are live on ! Find out more
PU

Petiole USA Portfolio holdings

AUM $143M
1-Year Est. Return 19.66%
This Fund
S&P 500
This Quarter Est. Return
-0.51%
1 Year Est. Return
+19.66%
3 Year Est. Return
+74.87%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$102M
AUM Growth
-$17.3M
Cap. Flow
-$14.6M
Cap. Flow %
-14.3%
Top 10 Hldgs %
48.59%
Holding
38
New
1
Increased
–
Reduced
–
Closed
1

Top Buys

Rank Stock Value
1
BCAL icon
Southern California Bancorp
BCAL
+$1.18M

Top Sells

No sells this quarter

Sector Composition

Rank Sector Weight
1 Financials 99.53%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FCNCA icon
1
First Citizens BancShares
FCNCA
$24.6B
$7.64M 7.48%
5,950
– –
CARE icon
2
Carter Bankshares
CARE
$756M
$5.87M 5.75%
396,873
– –
FXNC icon
3
First National Corp
FXNC
$269M
$5.15M 5.04%
311,440
– –
HWC icon
4
Hancock Whitney
HWC
$6.13B
$4.65M 4.55%
121,218
– –
BANC icon
5
Banc of California
BANC
$3.28B
$4.6M 4.5%
397,168
– –
CBAN icon
6
Colony Bankcorp
CBAN
$462M
$4.47M 4.37%
474,063
– –
CBFV icon
7
CB Financial Services
CBFV
$182M
$4.45M 4.36%
215,198
– –
FBMS
8
DELISTED
The First Bancshares, Inc.
FBMS
$4.38M 4.29%
169,502
– –
MPB icon
9
Mid Penn Bancorp
MPB
$942M
$4.35M 4.26%
197,111
– –
CVLY
10
DELISTED
Codorus Valley Bancorp Inc
CVLY
$4.08M 3.99%
207,962
– –
SBFG icon
11
SB Financial Group
SBFG
$160M
$3.42M 3.35%
265,710
– –
MLVF
12
DELISTED
Malvern Bancorp, Inc.
MLVF
$3.15M 3.08%
200,000
– –
EBMT icon
13
Eagle Bancorp Montana
EBMT
$186M
$3.06M 3%
231,480
– –
FNWB icon
14
First Northwest Bancorp
FNWB
$114M
$2.99M 2.93%
262,697
– –
SNV
15
DELISTED
Synovus
SNV
$2.88M 2.82%
95,318
– –
FRME icon
16
First Merchants
FRME
$2.72B
$2.65M 2.6%
94,047
– –
MDWT
17
DELISTED
Midwest Holding Inc. Common Stock
MDWT
$2.62M 2.57%
99,594
– –
PNFP icon
18
Pinnacle Financial Partners Inc
PNFP
$15.5B
$2.61M 2.55%
46,004
– –
WBS icon
19
Webster Financial
WBS
$12.3B
$2.6M 2.55%
68,875
– –
MRBK icon
20
Meridian
MRBK
$236M
$2.51M 2.46%
256,166
– –
BRBS icon
21
Blue Ridge Bankshares
BRBS
$311M
$2.43M 2.38%
274,775
– –
WTFC icon
22
Wintrust Financial
WTFC
$10.7B
$2.16M 2.12%
29,750
– –
ISTR icon
23
Investar Holding Corp
ISTR
$411M
$2.08M 2.04%
172,043
– –
WAL icon
24
Western Alliance Bancorporation
WAL
$9.07B
$1.74M 1.7%
47,625
– –
SSB icon
25
SouthState Bank Corp
SSB
$10.3B
$1.69M 1.66%
25,715
– –
1
2

Similar funds

IAG
Ipsen Advisor Group Little Rock, Arkansas $143M AUM 15.81% 1-Year Est. Return
MFG
Menard Financial Group Houston, Texas $143M AUM 27.87% 1-Year Est. Return
GT
GreatBanc Trust Lisle, Illinois $143M AUM
MFG
Mustico Financial Group Elmira, New York $143M AUM 15.64% 1-Year Est. Return
OFO
OneAscent Family Office Birmingham, Alabama $143M AUM 24.13% 1-Year Est. Return
12CM
11.2 Capital Management Las Vegas, Nevada $143M AUM
SC
Settian Capital New York $143M AUM 13.68% 1-Year Est. Return
HWM
Hemming & Wealth Management Traverse City, Michigan $143M AUM

Petiole USA's Q2 2023 Portfolio in Review

As of Q2 2023, Petiole USA held 38 positions worth $102M, down 14% from $119M the previous quarter. Its ten largest holdings account for 49% of the portfolio.

Petiole USA withdrew a net $14.6M in Q2 2023, closing 1 position.

By sector, the portfolio is most concentrated in Financials at 100% of assets, up from 86% a quarter earlier.

Against the trend, Petiole USA opened a new position in Southern California Bancorp worth $1.17M.

  • Petiole USA's largest Q2 2023 buy was Southern California Bancorp: 85,000 shares worth $1.17M.
  • Petiole USA's ten largest holdings make up 49% of its $102M portfolio in Q2 2023.
  • Petiole USA opened 1 new position and closed 1 in Q2 2023.
  • Petiole USA's portfolio value fell 14% quarter-over-quarter to $102M.

Based on Petiole USA's 13F filing for Q2 2023, filed 14 Aug 2023.