Investor
FJ Capital Management LLC
CIK 0001599170 · filed 2026-05-15 · SEC filing
13F book
$888.1M
Positions
126
50 new · 52 sold
Largest name
8.1%
Southstate Bk Corp
Est. mark
−$395.6K
Price effect on 76 names still held. Flow −$17.2M.
| Name | Ticker | Shares | Value | Weight | Est. mark | Change |
|---|---|---|---|---|---|---|
| Southstate Bk Corp | — | 778.6K | $72M | 8.1% | −$1.24M | Cut−$4.48M |
| HomeTrust Bancshares, Inc. | HTB | 1.55M | $66.3M | 7.5% | −$450.8K | Cut−$6.42M |
| Nicolet Bankshares Inc | NIC | 306.4K | $45.5M | 5.1% | $557.9K | Added$43.1M |
| Southern First Bancshares Inc | SFST | 807.2K | $44M | 5.0% | $2.41M | Held |
| Equity Bancshares Inc | EQBK | 921.1K | $40.9M | 4.6% | −$221.1K | Cut−$13.8M |
| California Bancorp | — | 2.05M | $36.4M | 4.1% | −$1.21M | Added$12.7M |
| Eastern Bankshares, Inc. | EBC | 1.74M | $34.1M | 3.8% | $1.05M | Added$17M |
| Rbb Bancorp | RBB | 1.51M | $32.3M | 3.6% | $1.1M | Held |
| Old Second Bancorp Inc Ill | — | 1.51M | $30.3M | 3.4% | $993.4K | Cut−$5.34M |
| First Merchants Corp | — | 711.4K | $27.6M | 3.1% | $792.1K | Added$3.8M |
| Seacoast Bkg Corp Fla | — | 906.1K | $27.4M | 3.1% | −$1.02M | Cut−$15.3M |
| Horizon Bancorp Inc | — | 1.29M | $21.4M | 2.4% | −$422.7K | Added$3.01M |
| Townebank Portsmouth Va | — | 559.8K | $18.8M | 2.1% | $54.8K | Added$12.8M |
| Huntington Bancshares Inc | — | 1.12M | $17.5M | 2.0% | — | New |
| BankUnited, Inc. | BKU | 380.6K | $17.2M | 1.9% | — | New |
| Cvb Finl Corp | — | 851.4K | $16.5M | 1.9% | $217.4K | Added$11.4M |
| Old Natl Bancorp Ind | — | 717K | $15.8M | 1.8% | −$150.6K | Held |
| Southern Mo Bancorp Inc | — | 202.4K | $12.9M | 1.5% | $975.7K | Cut−$4.85M |
| Independent Bk Corp Mass | — | 165.7K | $12.5M | 1.4% | $352.8K | Cut−$4.39M |
| Northern Tr Corp | — | 79K | $11M | 1.2% | — | New |
| Ameris Bancorp | ABCB | 134.9K | $10.5M | 1.2% | — | New |
| Chain Bridge Bancorp Inc | CBNA | 293.8K | $10.3M | 1.2% | $76.4K | Held |
| Exzeo Group, Inc. | XZO | 682.4K | $10M | 1.1% | −$2.28M | Added$4.24M |
| Avidia Bancorp, Inc. | AVBC | 497.3K | $9.78M | 1.1% | $1.42M | Held |
| Jones Lang Lasalle Inc | JLL | 31.9K | $9.7M | 1.1% | −$378.5K | Added$5.74M |
| Bank America Corp | — | 189.4K | $9.23M | 1.0% | — | New |
| Morgan Stanley | — | 56.1K | $9.23M | 1.0% | −$726.9K | Cut−$4.04M |
| Wesbanco Inc | — | 243.8K | $8.41M | 0.9% | $304.8K | Cut−$3.13M |
| John Marshall Bancorp, Inc. | JMSB | 412.3K | $8.36M | 0.9% | $119.6K | Cut$106.1K |
| Citizens Finl Group Inc | — | 125.9K | $7.55M | 0.9% | — | New |
| Independent Bk Corp Mich | — | 203.6K | $6.78M | 0.8% | $156.8K | Cut−$5.75M |
| Hawthorn Bancshares, Inc. | HWBK | 190.7K | $6.43M | 0.7% | −$226.9K | Held |
| Stock Yds Bancorp Inc | — | 92.8K | $6.15M | 0.7% | $8.51K | Added$5.74M |
| ServisFirst Bancshares, Inc. | SFBS | 79.9K | $5.82M | 0.7% | — | New |
| Schwab Charles Corp | — | 61.9K | $5.82M | 0.7% | — | New |
| Hci Group Inc | — | 37.3K | $5.76M | 0.6% | −$705.2K | Added$2.12M |
| Virtu Finl Inc | — | 125.8K | $5.53M | 0.6% | — | New |
| Palomar Hldgs Inc | — | 45.4K | $5.43M | 0.6% | −$59K | Added$4.91M |
| Amerant Bancorp Inc. | AMTB | 245.9K | $5.42M | 0.6% | — | New |
| Cno Finl Group Inc | — | 131.7K | $5.41M | 0.6% | −$55.1K | Added$3.75M |
| Us Bancorp Del | — | 98.1K | $5.1M | 0.6% | −$132.5K | Cut−$14.8M |
| Umb Finl Corp | — | 43.7K | $4.93M | 0.6% | −$59.7K | Added$1.88M |
| Essent Group Ltd. | ESNT | 75K | $4.38M | 0.5% | — | New |
| Pulte Group Inc | — | 35.7K | $4.2M | 0.5% | $10.9K | Added$557.1K |
| Skyward Specialty Ins Group | — | 94.4K | $4.12M | 0.5% | −$701.2K | Cut−$3.27M |
| Hercules Capital Inc | — | 277.7K | $4.1M | 0.5% | −$688.4K | Added$902K |
| Onemain Hldgs Inc | — | 75.8K | $4.05M | 0.5% | — | New |
| Hanover Ins Group Inc | — | 22.5K | $3.91M | 0.4% | −$212.3K | Cut−$2.93M |
| Welltower Inc. | WELL | 19.3K | $3.81M | 0.4% | $233.3K | Cut−$81.9K |
| Hoyne Bancorp, Inc. | HYNE | 261K | $3.78M | 0.4% | −$3.92K | Held |
| Digital Rlty Tr Inc | — | 20.8K | $3.75M | 0.4% | $137.5K | Added$2.92M |
| Nasdaq, Inc. | NDAQ | 42.4K | $3.6M | 0.4% | — | New |
| Main Str Cap Corp | — | 67.7K | $3.58M | 0.4% | — | New |
| Annaly Capital Management In | — | 165.3K | $3.5M | 0.4% | −$87.7K | Added$1.87M |
| Equinix Inc | EQIX | 3.56K | $3.49M | 0.4% | — | New |
| Inventrust Pptys Corp | — | 112K | $3.41M | 0.4% | $251.9K | Cut−$98.5K |
| Eagle Bancorp Inc Md | — | 126.9K | $3.16M | 0.4% | — | New |
| Blackstone Mtg Tr Inc | — | 160.6K | $3.08M | 0.3% | $634 | Added$2.47M |
| Encore Cap Group Inc | — | 40.7K | $2.86M | 0.3% | — | New |
| Qcr Holdings Inc | QCRH | 32.6K | $2.79M | 0.3% | $70.1K | Cut−$8.28M |
| American Healthcare REIT, Inc. | AHR | 58.6K | $2.76M | 0.3% | $5.08K | Added$372.6K |
| Pnc Finl Svcs Group Inc | — | 12.5K | $2.59M | 0.3% | — | New |
| Atlantic Un Bankshares Corp | — | 72.2K | $2.58M | 0.3% | — | New |
| First Indl Rlty Tr Inc | — | 42.5K | $2.46M | 0.3% | $24.7K | Cut−$199.8K |
| Agree Rlty Corp | — | 31.7K | $2.39M | 0.3% | $106.2K | Cut−$194.7K |
| Cto Rlty Growth Inc New | — | 116.3K | $2.15M | 0.2% | $7.18K | Added$499.6K |
| Msc Income Fund, Inc. | MSIF | 171.1K | $2.08M | 0.2% | — | New |
| Acadia Rlty Tr | — | 106.7K | $2.04M | 0.2% | −$151.5K | Cut−$3.05M |
| Robinhood Mkts Inc | — | 29.3K | $2.03M | 0.2% | — | New |
| Franklin Resources Inc | BEN | 85.7K | $2.02M | 0.2% | — | New |
| Axis Cap Hldgs Ltd | — | 19.8K | $2.01M | 0.2% | −$27.9K | Added$1.48M |
| Reinsurance Grp Of America I | — | 9.72K | $1.98M | 0.2% | $6.81K | Cut−$2.77M |
| Unum Group | — | 26.3K | $1.92M | 0.2% | — | New |
| Toll Brothers, Inc. | TOL | 11.9K | $1.62M | 0.2% | — | New |
| Eastgroup Pptys Inc | — | 7.93K | $1.47M | 0.2% | $33.3K | Added$614.7K |
| Sonida Senior Living, Inc. | SNDA | 45.5K | $1.47M | 0.2% | — | New |
| Dave Inc | — | 8.28K | $1.44M | 0.2% | −$86.1K | Added$1.04M |
| Globe Life Inc | — | 10.3K | $1.44M | 0.2% | −$7.14K | Cut−$3.46M |
| Brixmor Ppty Group Inc | — | 46.8K | $1.35M | 0.2% | — | New |
| Mid-Amer Apt Cmntys Inc | — | 10.9K | $1.34M | 0.1% | −$183.5K | Cut−$208.6K |
| FirstCash Holdings, Inc. | FCFS | 5.49K | $1.03M | 0.1% | — | New |
| Ellington Financial Inc | — | 81.7K | $968K | 0.1% | — | New |
| Siriuspoint Ltd | SPNT | 44.1K | $950.8K | 0.1% | −$15.4K | Cut−$599.9K |
| Healthequity, Inc. | HQY | 11.2K | $936.8K | 0.1% | −$90.1K | Cut−$305K |
| Transunion | TRU | 12.4K | $859.6K | 0.1% | — | New |
| Equity Lifestyle Pptys Inc | ELS | 13.2K | $826.4K | 0.1% | — | New |
| Capital One Finl Corp | — | 4.28K | $780.1K | 0.1% | −$71.4K | Added$491.2K |
| Mastercard Inc | MA | 1.52K | $758.5K | 0.1% | −$75.8K | Added$151.1K |
| Sabra Health Care REIT, Inc. | SBRA | 38.2K | $735.1K | 0.1% | — | New |
| Curbline Pptys Corp | — | 24.7K | $635.8K | 0.1% | $63.6K | Cut−$487K |
| Postal Realty Trust, Inc. | PSTL | 33.9K | $629.6K | 0.1% | $56.8K | Added$250.6K |
| Visa Inc. | V | 2.02K | $610.5K | 0.1% | −$95.2K | Added−$78.6K |
| Federated Hermes, Inc. | FHI | 10.4K | $587.5K | 0.1% | $20.3K | Added$359.2K |
| Synchrony Financial | — | 8.59K | $584.4K | 0.1% | −$72.5K | Added$191.7K |
| Enterprise Finl Svcs Corp | — | 10.2K | $550.9K | 0.1% | — | New |
| Essential Pptys Rlty Tr Inc | — | 17.7K | $536.3K | 0.1% | $12.4K | Held |
| Neptune Ins Hldgs Inc | — | 21.8K | $526.6K | 0.1% | −$49.3K | Added$237.2K |
| Simon Ppty Group Inc New | — | 2.64K | $492.3K | 0.1% | — | New |
| Ryman Hospitality Pptys Inc | — | 5.33K | $492.1K | 0.1% | — | New |
| Aci Worldwide, Inc. | ACIW | 11.9K | $490K | 0.1% | −$81.3K | Cut−$370.5K |
| Veris Residential Inc | — | 24.2K | $457.5K | 0.1% | — | New |
| Cubesmart | CUBE | 12.1K | $443.1K | 0.1% | — | New |
| Selective Ins Group Inc | — | 5.66K | $426.9K | 0.0% | — | New |
| Copt Defense Properties | CDP | 13.9K | $425.3K | 0.0% | — | New |
| Markel Group Inc. | MKL | 202 | $386.6K | 0.0% | — | New |
| Universal Health Rlty Income | — | 9.41K | $380.8K | 0.0% | $11.9K | Held |
| Genworth Finl Inc | — | 46.1K | $374.5K | 0.0% | — | New |
| Janus Henderson Group Plc | — | 7.22K | $371.1K | 0.0% | $27.5K | Cut−$204K |
| Hamilton Lane Inc | HLNE | 3.63K | $361.2K | 0.0% | — | New |
| Xenia Hotels & Resorts, Inc. | XHR | 23.5K | $347.9K | 0.0% | — | New |
| Carlyle Group Inc | — | 7.05K | $341.4K | 0.0% | — | New |
| Broadstone Net Lease, Inc. | BNL | 14.8K | $270.7K | 0.0% | $13.3K | Held |
| Bread Financial Holdings Inc | — | 3.47K | $259.6K | 0.0% | $2.34K | Added$58.4K |
| Voya Financial Inc | — | 3.5K | $239.2K | 0.0% | −$21.6K | Cut−$2.39M |
| Ventas, Inc. | VTR | 2.84K | $232.4K | 0.0% | $12.5K | Cut−$262K |
| Jackson Financial Inc | — | 2.15K | $227.1K | 0.0% | −$2K | Cut−$64.8K |
| Paypal Hldgs Inc | — | 4.98K | $225.1K | 0.0% | — | New |
| Equity Residential | EQR | 3.77K | $223K | 0.0% | −$14.7K | Cut−$907.6K |
| Travelers Companies, Inc. | TRV | 754 | $219.9K | 0.0% | — | New |
| NETSTREIT Corp. | NTST | 11K | $206.5K | 0.0% | $13K | Cut−$308.5K |
| Global Pmts Inc | — | 3.05K | $205K | 0.0% | — | New |
| GCM Grosvenor Inc. | GCMG | 17.7K | $173.9K | 0.0% | — | New |
| Service Pptys Tr | — | 94.1K | $127.5K | 0.0% | — | New |
| Sunstone Hotel Invs Inc New | — | 13.2K | $118.9K | 0.0% | — | New |
| Braemar Hotels & Resorts Inc | — | 41.4K | $97.8K | 0.0% | — | New |
| P10 Inc | — | 11.1K | $80.6K | 0.0% | −$28.3K | Cut−$4.41M |
Positions as of Q1 2026. 13F filings arrive up to 45 days after quarter-end and omit shorts. Values are quarter-end marks, as filed. Estimated mark is the price effect on shares still held — not realized P&L or investment advice.