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Petiole USA Portfolio holdings

AUM $143M
1-Year Est. Return 19.66%
This Fund
S&P 500
This Quarter Est. Return
-1.61%
1 Year Est. Return
+19.66%
3 Year Est. Return
+74.87%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$119M
AUM Growth
-$8.61M
Cap. Flow
-$4.99M
Cap. Flow %
-4.18%
Top 10 Hldgs %
46.53%
Holding
38
New
–
Increased
1
Reduced
6
Closed
–

Top Buys

Rank Stock Value
1
MCHB
Mechanics Bancorp
MCHB
+$725K

Top Sells

Rank Stock Value
1
HWC icon
Hancock Whitney
HWC
+$1.6M
2
CMA
Comerica
CMA
+$1.12M
3
FCNCA icon
First Citizens BancShares
FCNCA
+$1.06M
4
PNFP icon
Pinnacle Financial Partners Inc
PNFP
+$734K
5
SNV
Synovus
SNV
+$723K

Sector Composition

Rank Sector Weight
1 Financials 100%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
FCNCA icon
1
First Citizens BancShares
FCNCA
$24.6B
$8.95M 7.51%
5,315
-635
-11% -$1.06M
CARE icon
2
Carter Bankshares
CARE
$756M
$6M 5.03%
396,873
– –
CBAN icon
3
Colony Bankcorp
CBAN
$462M
$5.81M 4.87%
474,063
– –
MCHB
4
Mechanics Bancorp
MCHB
$3.47B
$5.45M 4.57%
477,961
+66,158
+16% +$725K
FBMS
5
DELISTED
The First Bancshares, Inc.
FBMS
$5.25M 4.41%
202,145
– –
BANC icon
6
Banc of California
BANC
$3.28B
$5.08M 4.26%
397,168
– –
CVLY
7
DELISTED
Codorus Valley Bancorp Inc
CVLY
$5M 4.19%
207,962
– –
CBFV icon
8
CB Financial Services
CBFV
$182M
$4.88M 4.09%
215,198
– –
FXNC icon
9
First National Corp
FXNC
$269M
$4.73M 3.97%
311,440
– –
MPB icon
10
Mid Penn Bancorp
MPB
$942M
$4.33M 3.63%
197,111
– –
HWC icon
11
Hancock Whitney
HWC
$6.13B
$4.12M 3.46%
86,218
-35,000
-29% -$1.6M
CCNE icon
12
CNB Financial Corp
CCNE
$1.03B
$3.86M 3.24%
189,241
– –
SBFG icon
13
SB Financial Group
SBFG
$160M
$3.72M 3.12%
265,710
– –
FRME icon
14
First Merchants
FRME
$2.72B
$3.13M 2.63%
94,047
– –
BANR icon
15
Banner Corp
BANR
$2.39B
$3.1M 2.6%
62,382
– –
EBMT icon
16
Eagle Bancorp Montana
EBMT
$186M
$3.07M 2.58%
231,480
– –
SNV
17
DELISTED
Synovus
SNV
$3.06M 2.57%
76,253
-19,065
-20% -$723K
WBS icon
18
Webster Financial
WBS
$12.3B
$3M 2.52%
68,875
– –
PNFP icon
19
Pinnacle Financial Partners Inc
PNFP
$15.5B
$2.95M 2.47%
36,804
-9,200
-20% -$734K
WTFC icon
20
Wintrust Financial
WTFC
$10.7B
$2.93M 2.46%
29,750
– –
WAL icon
21
Western Alliance Bancorporation
WAL
$9.07B
$2.66M 2.23%
42,273
– –
ISTR icon
22
Investar Holding Corp
ISTR
$411M
$2.65M 2.22%
172,043
– –
FNWB icon
23
First Northwest Bancorp
FNWB
$114M
$2.55M 2.14%
262,697
– –
HTB
24
HomeTrust Bancshares
HTB
$818M
$2.33M 1.95%
77,495
– –
EQBK icon
25
Equity Bancshares
EQBK
$1.03B
$2.02M 1.69%
57,364
– –
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 2024 Portfolio in Review

As of Q2 2024, Petiole USA held 38 positions worth $119M, down 6.7% from $128M the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Petiole USA withdrew a net $4.99M in Q2 2024, reducing 6 holdings. Its largest reduction was Hancock Whitney, cutting an estimated $1.6M.

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

Against the trend, Petiole USA added an estimated $725K to Mechanics Bancorp.

  • Petiole USA added most to Mechanics Bancorp in Q2 2024, an estimated $725K increase.
  • Petiole USA's biggest Q2 2024 reduction was Hancock Whitney, cutting an estimated $1.6M.
  • Petiole USA's ten largest holdings make up 47% of its $119M portfolio in Q2 2024.
  • Petiole USA opened 0 new positions and closed 0 in Q2 2024.
  • Petiole USA's portfolio value fell 6.7% quarter-over-quarter to $119M.

Based on Petiole USA's 13F filing for Q2 2024, filed 13 Aug 2024.