We are live on
!
Find out more
SM
Salzhauer Michael Portfolio holdings
AUM
$292M
1-Year Est. Return
30%
This Fund
S&P 500
This Quarter
Est. Return
-3.66%
1 Year Est. Return
+30%
3 Year Est. Return
+106.71%
5 Year Est. Return
+50.52%
10 Year Est. Return
+271.97%
AUM
$95.9M
AUM Growth
-$17.4M
(-15%)
Cap. Flow
-$30.2M
Cap. Flow
% of AUM
-31.54%
Top 10 Holdings %
Top 10 Hldgs %
60.64%
Holding
108
New
7
Increased
13
Reduced
35
Closed
23
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Seacoast Banking Corp of Florida
SBCF
|
+$1.08M |
| 2 |
Atlantic Union Bankshares
AUB
|
+$804K |
| 3 |
Pinnacle Financial Partners Inc
PNFP
|
+$689K |
| 4 |
SouthState Bank Corp
SSB
|
+$531K |
| 5 |
FITB
Fifth Third Bancorp
FITB
|
+$258K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
First Bancorp
FBNC
|
+$2.45M |
| 2 |
Bank of America
BAC
|
+$1.1M |
| 3 |
Peapack-Gladstone Financial
PGC
|
+$972K |
| 4 |
Enterprise Financial Services Corp
EFSC
|
+$919K |
| 5 |
Cerus
CERS
|
+$919K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 94.07% |
| 2 | Energy | 1.35% |
| 3 | Technology | 0.69% |
| 4 | Healthcare | 0.25% |
| 5 | Communication Services | 0.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
101
CALL
PNC Financial Services
PNC
$99.1B
| – | – |
-1,100
| Closed | -$3.63K |
|
|
PPBI
102
DELISTED
Pacific Premier Bancorp
PPBI
| – | – |
-8,540
| Closed | -$205K |
|
103
Hanover Insurance
THG
$8.13B
| – | – |
-5,236
| Closed | -$673K |
|
104
WesBanco
WSBC
$4.02B
| – | – |
-9,605
| Closed | -$295K |
|
|
TBNK
105
DELISTED
Territorial Bancorp Inc.
TBNK
| – | – |
-14,506
| Closed | -$280K |
|
|
SNRHW
106
DELISTED
Senior Connect Acquisition Corp. I Warrant
SNRHW
| – | – |
-22,500
| Closed | -$878 |
|
|
LMST
107
DELISTED
Limestone Bancorp, Inc. Common Stock
LMST
| – | – |
-30,907
| Closed | -$690K |
|
|
ONCS
108
DELISTED
OncoSec Medical Incorporated
ONCS
| – | – |
-20,799
| Closed | -$53.7K |
|
Similar funds
CW
BCM
NC
PPC
NIM
FI
FPM
CWA
Salzhauer Michael's Q2 2023 Portfolio in Review
As of Q2 2023, Salzhauer Michael held 108 positions worth $95.9M, down 15% from $113M the previous quarter. Its ten largest holdings account for 61% of the portfolio.
Salzhauer Michael withdrew a net $30.2M in Q2 2023, closing 23 positions and reducing 35 holdings. Its most notable exit was First Bancorp, an estimated $2.45M position sold in full.
By sector, the portfolio is most concentrated in Financials at 94% of assets, up from 93% a quarter earlier, followed by Energy and Technology.
Against the trend, Salzhauer Michael opened a new position in Atlantic Union Bankshares worth $740K.
- Salzhauer Michael's largest Q2 2023 buy was Atlantic Union Bankshares: 28,498 shares worth $740K.
- Salzhauer Michael added most to Seacoast Banking Corp of Florida in Q2 2023, an estimated $1.08M increase.
- Salzhauer Michael's biggest Q2 2023 reduction was Bank of America, cutting an estimated $1.1M.
- Salzhauer Michael fully exited First Bancorp in Q2 2023, selling an estimated $2.45M.
- Salzhauer Michael's ten largest holdings make up 61% of its $95.9M portfolio in Q2 2023.
- Salzhauer Michael opened 7 new positions and closed 23 in Q2 2023.
- Salzhauer Michael's portfolio value fell 15% quarter-over-quarter to $95.9M.
Based on Salzhauer Michael's 13F filing for Q2 2023, filed 8 Aug 2023.