13F HOLDINGS REPORT
FJ Capital Management LLC
Quarter ended Q1 2023 · Filed February 9, 2023 · Accession 0001420506-23-000305
Total Value
$844.5M
Positions
89
Other Managers
0
Confidential Omitted
No
Holdings (89)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | FIRST BANCSHARES INC MS | 318916103 | 1,521,546 | $48.7M | 5.77% |
| 2 | OLD SECOND BANCORP INC ILL | OSBC | 2,321,034 | $37.2M | 4.41% |
| 3 | HERITAGE COMM CORP | HTBK | 2,804,416 | $36.5M | 4.32% |
| 4 | MIDLAND STATES BANCORP INC | MSBIP | 1,362,125 | $36.3M | 4.29% |
| 5 | HOMETRUST BANCSHARES INC | HTB | 1,447,533 | $35.0M | 4.14% |
| 6 | QCR HOLDINGS INC | QCRH | 702,913 | $34.9M | 4.13% |
| 7 | RBB BANCORP | RBB | 1,632,100 | $34.0M | 4.03% |
| 8 | EQUITY BANCSHARES INC | EQBK | 1,031,993 | $33.7M | 3.99% |
| 9 | SHORE BANCSHARES INC | SHBI | 1,880,651 | $32.8M | 3.88% |
| 10 | INDEPENDENT BK CORP MICH | 453838609 | 1,330,661 | $31.8M | 3.77% |
| 11 | EASTERN BANKSHARES INC | EBC | 1,568,443 | $27.1M | 3.20% |
| 12 | HOME BANCORP INC | HBCP | 664,027 | $26.6M | 3.15% |
| 13 | VERITEX HLDGS INC | 923451108 | 885,730 | $24.9M | 2.95% |
| 14 | PIONEER BANCORP INC MD | PBFS | 2,014,437 | $23.0M | 2.72% |
| 15 | CAMBRIDGE BANCORP | 132152109 | 265,596 | $22.1M | 2.61% |
| 16 | ESSA BANCORP INC | 29667D104 | 1,033,050 | $21.6M | 2.55% |
| 17 | SOUTHERN MO BANCORP INC | SOMN | 425,310 | $19.5M | 2.31% |
| 18 | RIVERVIEW BANCORP INC | RVSB | 2,173,569 | $16.7M | 1.98% |
| 19 | CODORUS VY BANCORP INC | 192025104 | 689,644 | $16.4M | 1.94% |
| 20 | MID PENN BANCORP INC | MPB | 538,322 | $16.1M | 1.91% |
| 21 | EVANS BANCORP INC | 29911Q208 | 390,070 | $14.6M | 1.73% |
| 22 | AMERICAN NATL BANKSHARES INC | 027745108 | 393,971 | $14.5M | 1.72% |
| 23 | CNB FINL CORP PA | 126128107 | 579,118 | $13.8M | 1.63% |
| 24 | SOUTHERN FIRST BANCSHARES | SFST | 287,539 | $13.2M | 1.56% |
| 25 | STERLING BANCORP INC | 85917W102 | 2,121,494 | $12.9M | 1.53% |
| 26 | LINKBANCORP INC | LNKB | 1,333,043 | $12.5M | 1.48% |
| 27 | SALISBURY BANCORP INC | 795226109 | 384,570 | $12.1M | 1.43% |
| 28 | CITIZENS CMNTY BANCORP INC M | CIA | 951,594 | $11.4M | 1.36% |
| 29 | PREMIER FINANCIAL CORP | 74052F108 | 408,947 | $11.0M | 1.31% |
| 30 | OLD POINT FINL CORP | 680194107 | 394,121 | $10.6M | 1.26% |
| 31 | SPDR SER TR | 78464A698 | 3,120,000 | $10.5M | 1.24% |
| 32 | FIRST WESTN FINL INC | 33751L105 | 369,263 | $10.4M | 1.23% |
| 33 | LIMESTONE BANCORP INC | 53262L105 | 384,204 | $9.4M | 1.11% |
| 34 | ZIONS BANCORPORATION N A | 989701107 | 185,087 | $9.1M | 1.08% |
| 35 | HORIZON BANCORP INC | HBNC | 585,835 | $8.8M | 1.05% |
| 36 | SOUND FINL BANCORP INC | 83607A100 | 203,574 | $8.0M | 0.95% |
| 37 | CAPSTAR FINL HLDGS INC | 14070T102 | 397,319 | $7.0M | 0.83% |
| 38 | NATIONAL BK HLDGS CORP | 633707104 | 162,084 | $6.8M | 0.81% |
| 39 | SB FINL GROUP INC | 78408D105 | 373,521 | $6.3M | 0.75% |
| 40 | FIRST SVGS FINL GROUP INC | 33621E109 | 312,510 | $6.3M | 0.74% |
| 41 | HMN FINL INC | 40424G108 | 283,453 | $6.0M | 0.72% |
| 42 | UNITED SEC BANCSHARES CALIF | UNTCW | 615,032 | $4.5M | 0.53% |
| 43 | MIDWESTONE FINL GROUP INC NE | 598511103 | 134,561 | $4.3M | 0.51% |
| 44 | CHEMUNG FINL CORP | 164024101 | 92,505 | $4.2M | 0.50% |
| 45 | BANK7 CORP | BSVN | 108,681 | $2.8M | 0.33% |
| 46 | OLD NATL BANCORP IND | 680033107 | 137,165 | $2.5M | 0.29% |
| 47 | PROGRESSIVE CORP | 743315103 | 17,485 | $2.3M | 0.27% |
| 48 | RICHMOND MUT BANCORPORATION | 76525P100 | 133,685 | $1.7M | 0.21% |
| 49 | VIRGINIA NATL BANKSHARES COR | 928031103 | 41,468 | $1.5M | 0.18% |
| 50 | HAWTHORN BANCSHARES INC | HWBK | 69,123 | $1.5M | 0.18% |
| 51 | ALLSTATE CORP | ALL-PJ | 10,997 | $1.5M | 0.18% |
| 52 | COMMUNITY WEST BANCSHARES | CWBC | 93,344 | $1.4M | 0.17% |
| 53 | INTERACTIVE BROKERS GROUP IN | 45841N107 | 18,528 | $1.3M | 0.16% |
| 54 | TRADEWEB MKTS INC | 892672106 | 20,468 | $1.3M | 0.16% |
| 55 | BAYCOM CORP | BCML | 64,836 | $1.2M | 0.15% |
| 56 | AGNC INVT CORP | 00123Q104 | 109,847 | $1.1M | 0.13% |
| 57 | LADDER CAP CORP | LADR | 111,245 | $1.1M | 0.13% |
| 58 | SIXTH STREET SPECIALTY LENDI | TSLX | 60,672 | $1.1M | 0.13% |
| 59 | VISA INC | V | 4,769 | $990,807 | 0.12% |
| 60 | PENNYMAC FINL SVCS INC NEW | 70932M107 | 17,102 | $968,999 | 0.11% |
| 61 | STEPSTONE GROUP INC | STEP | 37,007 | $931,836 | 0.11% |
| 62 | AMERICAN TOWER CORP NEW | 03027X100 | 3,890 | $824,135 | 0.10% |
| 63 | AMERICAN INTL GROUP INC | 026874784 | 13,025 | $823,701 | 0.10% |
| 64 | RUNWAY GROWTH FINANCE CORP | RWAYL | 67,175 | $778,558 | 0.09% |
| 65 | PROLOGIS INC. | PLDGP | 6,825 | $769,382 | 0.09% |
| 66 | MAIN STR CAP CORP | 56035L104 | 20,574 | $760,209 | 0.09% |
| 67 | AMERICAN FINL GROUP INC OHIO | 025932104 | 5,534 | $759,708 | 0.09% |
| 68 | GALLAGHER ARTHUR J & CO | 363576109 | 4,028 | $759,439 | 0.09% |
| 69 | MARKEL CORP | MKL | 567 | $747,017 | 0.09% |
| 70 | Q2 HLDGS INC | QTWO | 27,421 | $736,802 | 0.09% |
| 71 | BERKLEY W R CORP | WRB-PH | 10,080 | $731,506 | 0.09% |
| 72 | GOLUB CAP BDC INC | 38173M102 | 52,783 | $694,624 | 0.08% |
| 73 | PULTE GROUP INC | 745867101 | 14,546 | $662,279 | 0.08% |
| 74 | D R HORTON INC | 23331A109 | 6,669 | $594,475 | 0.07% |
| 75 | LENNAR CORP | LEN-B | 6,539 | $591,780 | 0.07% |
| 76 | HERCULES CAPITAL INC | HCXY | 44,367 | $586,532 | 0.07% |
| 77 | CHUBB LIMITED | CB | 2,600 | $573,560 | 0.07% |
| 78 | CBOE GLOBAL MKTS INC | 12503M108 | 4,511 | $565,995 | 0.07% |
| 79 | ESSENT GROUP LTD | ESNT | 13,730 | $533,822 | 0.06% |
| 80 | DYNEX CAP INC | DX-PC | 41,741 | $530,946 | 0.06% |
| 81 | AVIDXCHANGE HOLDINGS INC | 05368X102 | 45,584 | $453,105 | 0.05% |
| 82 | PHILLIPS EDISON & CO INC | PECO | 14,004 | $445,887 | 0.05% |
| 83 | S&P GLOBAL INC | SPGI | 1,218 | $407,957 | 0.05% |
| 84 | ARES MANAGEMENT CORPORATION | ARES-PB | 5,817 | $398,115 | 0.05% |
| 85 | PAYPAL HLDGS INC | PYPL | 5,164 | $367,780 | 0.04% |
| 86 | M/I HOMES INC | MHO | 7,439 | $343,533 | 0.04% |
| 87 | WELLTOWER INC | WELL | 4,159 | $272,622 | 0.03% |
| 88 | SOUTHSTATE CORPORATION | SSB | 3,104 | $237,021 | 0.03% |
| 89 | CARLYLE GROUP INC | CGABL | 6,733 | $200,913 | 0.02% |