13F HOLDINGS REPORT
FJ Capital Management LLC
Quarter ended Q1 2025 · Filed May 15, 2025 · Accession 0001420506-25-001301
Total Value
$966.2M
Positions
111
Other Managers
0
Confidential Omitted
No
Holdings (111)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | HOMETRUST BANCSHARES INC | HTB | 1,732,877 | $59.4M | 6.15% |
| 2 | SOUTHSTATE CORPORATION | SSB | 556,226 | $51.6M | 5.34% |
| 3 | EQUITY BANCSHARES INC | EQBK | 1,206,571 | $47.5M | 4.92% |
| 4 | AMERIS BANCORP | ABCB | 785,288 | $45.2M | 4.68% |
| 5 | WESTERN ALLIANCE BANCORP | WAL-PA | 442,507 | $34.0M | 3.52% |
| 6 | WEBSTER FINL CORP | 947890109 | 643,988 | $33.2M | 3.44% |
| 7 | INDEPENDENT BK CORP MASS | 453836108 | 513,569 | $32.2M | 3.33% |
| 8 | OLD SECOND BANCORP INC ILL | OSBC | 1,810,720 | $30.1M | 3.12% |
| 9 | RBB BANCORP | RBB | 1,756,006 | $29.0M | 3.00% |
| 10 | SOUTHERN FIRST BANCSHARES | SFST | 807,223 | $26.6M | 2.75% |
| 11 | FIRST INTST BANCSYSTEM INC | 32055Y201 | 890,226 | $25.5M | 2.64% |
| 12 | LINKBANCORP INC | LNKB | 3,728,660 | $25.3M | 2.62% |
| 13 | HERITAGE COMMERCE CORP | HTBK | 2,364,824 | $22.5M | 2.33% |
| 14 | MIDWESTONE FINL GROUP INC NE | 598511103 | 747,456 | $22.1M | 2.29% |
| 15 | QCR HOLDINGS INC | QCRH | 301,205 | $21.5M | 2.22% |
| 16 | ZIONS BANCORPORATION N A | 989701107 | 428,424 | $21.4M | 2.21% |
| 17 | INDEPENDENT BK CORP MICH | 453838609 | 683,156 | $21.0M | 2.18% |
| 18 | COMERICA INC | 200340107 | 331,747 | $19.6M | 2.03% |
| 19 | HOME BANCORP INC | HBCP | 433,971 | $19.4M | 2.01% |
| 20 | STERLING BANCORP INC | 85917W102 | 4,002,428 | $19.4M | 2.01% |
| 21 | SOUTHERN MO BANCORP INC | SOMN | 352,105 | $18.3M | 1.90% |
| 22 | FVCBANKCORP INC | FVCB | 1,637,664 | $17.3M | 1.79% |
| 23 | ESSA BANCORP INC | 29667D104 | 884,194 | $16.7M | 1.73% |
| 24 | CALIFORNIA BANCORP | BCAL | 1,057,925 | $15.2M | 1.57% |
| 25 | WESBANCO INC | WSBCO | 445,012 | $13.8M | 1.43% |
| 26 | MERCHANTS BANCORP IND | MBINN | 316,190 | $11.7M | 1.21% |
| 27 | RIVERVIEW BANCORP INC | RVSB | 1,912,970 | $10.8M | 1.12% |
| 28 | FIRST SVGS FINL GROUP INC | 33621E109 | 394,472 | $10.2M | 1.05% |
| 29 | SEACOAST BKG CORP FLA | SE | 391,929 | $10.1M | 1.04% |
| 30 | MID PENN BANCORP INC | MPB | 346,838 | $9.0M | 0.93% |
| 31 | FIRST BUSEY CORP | BUSEP | 402,600 | $8.7M | 0.90% |
| 32 | HAWTHORN BANCSHARES INC | HWBK | 299,555 | $8.5M | 0.88% |
| 33 | CHAIN BRIDGE BANCORP INC | CBNA | 338,236 | $8.0M | 0.83% |
| 34 | CITIZENS COMMUNITY BANCORP INC M | CIA | 542,904 | $7.8M | 0.81% |
| 35 | SB FINL GROUP INC | 78408D105 | 371,571 | $7.7M | 0.80% |
| 36 | HCI GROUP INC | HCIIP | 48,870 | $7.3M | 0.75% |
| 37 | WELLS FARGO & CO NEW | 949746101 | 100,097 | $7.2M | 0.74% |
| 38 | OLD NATL BANCORP IND | 680033107 | 298,091 | $6.3M | 0.65% |
| 39 | U S BANCORP DEL | USB-PS | 146,391 | $6.2M | 0.64% |
| 40 | WINTRUST FINL CORP | 97650W108 | 54,115 | $6.1M | 0.63% |
| 41 | COMMUNITY FINANCIAL SYSTEM I | CBU | 105,128 | $6.0M | 0.62% |
| 42 | SOUND FINL BANCORP INC | 83607A100 | 108,095 | $5.4M | 0.56% |
| 43 | BANC OF CALIFORNIA INC | BANC-PF | 373,286 | $5.3M | 0.55% |
| 44 | JOHN MARSHALL BANCORP INC | JMSB | 320,127 | $5.3M | 0.55% |
| 45 | GLOBE LIFE INC | GL-PD | 39,450 | $5.2M | 0.54% |
| 46 | P10 INC | 69376K106 | 440,792 | $5.2M | 0.54% |
| 47 | CHARLES SCHWAB CORP | SCHW-PJ | 61,043 | $4.8M | 0.49% |
| 48 | FIRST AMERN FINL CORP | 31847R102 | 71,490 | $4.7M | 0.49% |
| 49 | TFS FINL CORP | 87240R107 | 362,562 | $4.5M | 0.46% |
| 50 | TAYLOR MORRISON HOME CORP | TMHC | 74,382 | $4.5M | 0.46% |
| 51 | FIFTH DIST BANCORP INC | 316926104 | 364,949 | $4.5M | 0.46% |
| 52 | CITIGROUP INC | C-PR | 61,545 | $4.4M | 0.45% |
| 53 | CINCINNATI FINL CORP | 172062101 | 29,293 | $4.3M | 0.45% |
| 54 | WILLIS TOWERS WATSON PLC LTD | WTW | 12,658 | $4.3M | 0.44% |
| 55 | GOOSEHEAD INS INC | GSHD | 34,498 | $4.1M | 0.42% |
| 56 | ALLSTATE CORP | ALL-PJ | 19,567 | $4.1M | 0.42% |
| 57 | JONES LANG LASALLE INC | JLL | 16,138 | $4.0M | 0.41% |
| 58 | SKYWARD SPECIALTY INS GROUP | 830940102 | 71,100 | $3.8M | 0.39% |
| 59 | MR COOPER GROUP INC | 62482R107 | 30,490 | $3.6M | 0.38% |
| 60 | REINSURANCE GRP OF AMERICA I | 759351604 | 17,639 | $3.5M | 0.36% |
| 61 | UNITED CMNTY BKS BLAIRSVLE GA | UNTCW | 120,000 | $3.4M | 0.35% |
| 62 | WELLTOWER INC | WELL | 21,409 | $3.3M | 0.34% |
| 63 | PALOMAR HLDGS INC | PLMR | 23,518 | $3.2M | 0.33% |
| 64 | LADDER CAP CORP | LADR | 253,990 | $2.9M | 0.30% |
| 65 | VIRTU FINL INC | 928254101 | 69,107 | $2.6M | 0.27% |
| 66 | NORTHPOINTE BANCSHARES INC | NPB | 155,000 | $2.2M | 0.23% |
| 67 | BLUE OWL CAPITAL INC | OWL | 106,376 | $2.1M | 0.22% |
| 68 | FIRST INDL RLTY TR INC | 32054K103 | 38,445 | $2.1M | 0.21% |
| 69 | MID-AMER APT CMNTYS INC | 59522J103 | 12,294 | $2.1M | 0.21% |
| 70 | RITHM CAPITAL CORP | RITM-PF | 169,719 | $1.9M | 0.20% |
| 71 | FIRSTCASH HOLDINGS INC | FCFS | 15,159 | $1.8M | 0.19% |
| 72 | HERCULES CAPITAL INC | HCXY | 93,829 | $1.8M | 0.19% |
| 73 | AMERICAN HEALTHCARE REIT INC | AHR | 57,611 | $1.7M | 0.18% |
| 74 | ACADIA RLTY TR | 004239109 | 78,955 | $1.7M | 0.17% |
| 75 | D R HORTON INC | 23331A109 | 12,719 | $1.6M | 0.17% |
| 76 | JEFFERIES FINL GROUP INC | 47233W109 | 30,148 | $1.6M | 0.17% |
| 77 | DYNEX CAP INC | DX-PC | 120,988 | $1.6M | 0.16% |
| 78 | TPG RE FIN TR INC | TPGXL | 190,510 | $1.6M | 0.16% |
| 79 | ARES CAPITAL CORP | ARCC | 69,062 | $1.5M | 0.16% |
| 80 | TOLL BROTHERS INC | TOL | 13,837 | $1.5M | 0.15% |
| 81 | TRAVELERS COMPANIES INC | TRV | 5,104 | $1.3M | 0.14% |
| 82 | HANOVER INS GROUP INC | 410867105 | 7,491 | $1.3M | 0.13% |
| 83 | PHILLIPS EDISON & CO INC | PECO | 32,298 | $1.2M | 0.12% |
| 84 | VISA INC | V | 2,952 | $1.0M | 0.11% |
| 85 | JANUS HENDERSON GROUP PLC | JHG | 28,435 | $1.0M | 0.11% |
| 86 | PUBLIC STORAGE OPER CO | PSA-PS | 3,196 | $956,531 | 0.10% |
| 87 | CNO FINL GROUP INC | 12621E103 | 22,096 | $920,298 | 0.10% |
| 88 | CAPITAL SOUTHWEST CORP | CSWC | 40,081 | $894,608 | 0.09% |
| 89 | MSCI INC | MSCI | 1,573 | $889,532 | 0.09% |
| 90 | AGREE RLTY CORP | 008492100 | 11,514 | $888,766 | 0.09% |
| 91 | KKR & CO INC | KKRT | 7,424 | $858,289 | 0.09% |
| 92 | SIXTH STREET SPECIALTY LENDING | TSLX | 35,944 | $804,427 | 0.08% |
| 93 | FIRST FNDTN INC | 32026V104 | 138,937 | $721,083 | 0.07% |
| 94 | REGENCY CTRS CORP | 758849103 | 9,727 | $717,464 | 0.07% |
| 95 | EQUITABLE HLDGS INC | EQH-PC | 13,648 | $710,924 | 0.07% |
| 96 | COUSINS PPTYS INC | 222795502 | 16,481 | $486,190 | 0.05% |
| 97 | AMERICAN TOWER CORP NEW | 03027X100 | 1,746 | $379,930 | 0.04% |
| 98 | CENTENE CORP DEL | CNC | 6,252 | $379,559 | 0.04% |
| 99 | FISERV INC | FISV | 1,704 | $376,294 | 0.04% |
| 100 | SYNCHRONY FINANCIAL | SYF-PB | 6,851 | $362,692 | 0.04% |
| 101 | CAMDEN PPTY TR | 133131102 | 2,910 | $355,893 | 0.04% |
| 102 | GAMING AND LEISURE PPTYS INC | 36467J108 | 6,948 | $353,653 | 0.04% |
| 103 | HOME FED BANCORP INC LA NEW | 43708L108 | 24,866 | $324,501 | 0.03% |
| 104 | Q2 HLDGS INC | QTWO | 4,035 | $322,840 | 0.03% |
| 105 | CNB FINL CORP PA | 126128107 | 13,910 | $309,498 | 0.03% |
| 106 | HEALTHPEAK PROPERTIES INC | DOC | 15,237 | $308,092 | 0.03% |
| 107 | VORNADO RLTY TR | 929042109 | 7,421 | $274,503 | 0.03% |
| 108 | FIDELITY NATL INFORMATION SV | 31620M106 | 3,437 | $256,675 | 0.03% |
| 109 | FACTSET RESH SYS INC | 303075105 | 531 | $241,414 | 0.02% |
| 110 | HIGHWOODS PPTYS INC | 431284108 | 7,025 | $208,221 | 0.02% |
| 111 | BROADSTONE NET LEASE INC | BNL | 11,789 | $200,885 | 0.02% |