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Stieven Capital Advisors, L.P. — 13F Holdings & Portfolio

CIK 1388279 · latest 13F-HR filed 2026-08-14

Backtest portfolio

Stieven Capital Advisors, L.P. manages $523.9M in 13F-reported U.S. long-equity assets across 36 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are COLB (6.56%), WAL (5.91%), AUB (5.60%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 4 new positions and exited 3; 27 existing positions rose in reported value and 3 fell.

AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.

Loading holdings…
AUM
$523.9M

Long-equity book

Holdings
36

Distinct positions

Period
2026-06-30

Filed 2026-08-14

Q/Q Activity
+4 / −3 / ↑27 / ↓3

vs 2026-03-31

Portfolio charts

Latest quarter's book, what changed, and how the portfolio has evolved across filings.

Portfolio map

Q2 26
COLB6.6% · -10%WAL5.9% · -4%AUB5.6% · -6%UMBF5.6% · -11%AX4.8% · +6%CFG4.7% · -6%HWC4.3% · +0%CNOB4.3% · -7%SSB4.2% · -18%EWBC3.9% · -16%ONB3.8% · +3%OSBC3.6% · +5%FITB3.2% · -8%FNB3.2% · +0%CCNE2.8% · -5%WTFC2.8% · -7%PFBC2.4% · -4%CCB2.3% · +41%ALRS2.3% · +13%HBNC2.2% · +5%RF2.1% · -16%PNFP2.1% · +84%FCNCA1.9% · -21%BANR1.9% · +0%HAFC1.9% · -31%NIC1.8% · +6%FBP1.5% · +0%RNST1.4% · -8%SMBK1.3% · +0%BAC1.1% · +0%SFST1.1% · newBCAL1.0% · newBHRB0.9% · newCIVB0.7% · +0%VLY0.4% · +0%SF0.4% · new

Box size = position value; colour = change in share count vs the prior quarter (green added, red trimmed, blue new). Rows split across managers or share classes are combined. Click a box for the stock.

Sector mix

% of 13F value

Sectors from each company's SIC code; funds and ETFs grouped separately.

Biggest buys and sells

Q1 26 → Q2 26

Estimated from the change in shares held × the quarter-end price, so price moves alone don't count as buying. New and exited positions are included.

13F assets and positions

4 quarters

Total reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.

Top positions over time

reported value

The eight largest current positions, valued at each quarter end.

Concentration

top 10 = 49.8%

Cumulative share of the portfolio held in the largest N positions.

Firm Profile & Key People

As of the firm’s regulatory filing dated Mar 18, 2026.

Assets Under Management
$563.4M
Discretionary
$563.4M
Employees
8
Accounts
2
Address
12412 POWERSCOURT DRIVE
SUITE 250
ST. LOUIS, MO 63131
Phone
(314) 779-2420
Name Title / Status Ownership Type
COVINGTON, STEPHEN, LEON ControlMANAGING DIRECTOR, PORTFOLIO MANAGER
since Nov 2005
Less than 5%Individual
ROSS, MARK, JOSEPH ControlCHIEF COMPLIANCE OFFICER, CHIEF ADMINISTRATIVE OFFICER, MANAGING DIRECTOR
since Jul 2015
Less than 5%Individual
STIEVEN CAPITAL ADVISORS GP, LLC ControlGENERAL PARTNER
since Jun 2005
Less than 5%Domestic Entity
STIEVEN, JOSEPH, ALBERT ControlCHAIRMAN & CHIEF EXECUTIVE OFFICER
since Jun 2005
75% or moreIndividual
STIEVEN, JOSEPH, ALBERT ControlMANAGING MEMBER, STIEVEN CAPITAL GP, LLC
since Jun 2005
75% or moreIndividual
STIEVEN, JOSEPH, ALBERT Control
Indirect owner via STIEVEN CAPITAL ADVISORS GP, LLC
MANAGING MEMBER
since Jun 2005
75% or moreIndividual
Ownership & leadership changes · 5 filings with changes since Mar 28, 2012

From the firm’s regulatory filings, newest first. Dates are filing dates: a filing that no longer lists someone does not say when they left.

Mar 13, 2020 filing
  • No longer listedELLEFSON, DANIEL, MARK · MANAGING DIRECTOR · Less than 5% · control person · listed since Jun 2005
Mar 21, 2016 filing
  • ChangedSTIEVEN, JOSEPH, ALBERT · indirect via STIEVEN CAPITAL ADVISORS GP, LLC: title CHAIRMAN AND CHIEF EXECUTIVE OFFICER → MANAGING MEMBER
Jul 16, 2015 filing
  • ChangedELLEFSON, DANIEL, MARK · title MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, CHIEF ADMINISTRATIVE OFFICER → MANAGING DIRECTOR
  • ChangedROSS, MARK, JOSEPH · title MANAGING DIRECTOR → CHIEF COMPLIANCE OFFICER, CHIEF ADMINISTRATIVE OFFICER, MANAGING DIRECTOR
Mar 27, 2015 filing
  • AddedROSS, MARK, JOSEPH · MANAGING DIRECTOR · Less than 5% · control person
  • ChangedCOVINGTON, STEPHEN, LEON · title MANAGING DIRECTOR → MANAGING DIRECTOR, PORTFOLIO MANAGER
  • ChangedELLEFSON, DANIEL, MARK · title CHIEF COMPLIANCE OFFICER → MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER, CHIEF ADMINISTRATIVE OFFICER
Mar 26, 2014 filing
  • ChangedSTIEVEN, JOSEPH, ALBERT · title CHAIRMAN & CHIEF EXECUTIVE OFFICER → CHAIRMAN & CHIEF EXECUTIVE OFFICER / MANAGING MEMBER, STIEVEN CAPITAL GP, LLC
Mar 28, 2012 filing (earliest on record)
  • ListedCOVINGTON, STEPHEN, LEON · MANAGING DIRECTOR · Less than 5% · control person
  • ListedELLEFSON, DANIEL, MARK · CHIEF COMPLIANCE OFFICER · Less than 5% · control person
  • ListedSTIEVEN CAPITAL ADVISORS GP, LLC · GENERAL PARTNER · Less than 5% · control person
  • ListedSTIEVEN, JOSEPH, ALBERT · CHAIRMAN & CHIEF EXECUTIVE OFFICER · 75% or more · control person
  • ListedSTIEVEN, JOSEPH, ALBERT · CHAIRMAN AND CHIEF EXECUTIVE OFFICER · 75% or more · indirect via STIEVEN CAPITAL ADVISORS GP, LLC · control person

Quarter-over-quarter changes

Changes in reported position value vs the prior 13F, so price moves count too, not just shares bought or sold.

Stieven Capital Advisors, L.P. Holdings (2026-06-30)

Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).

# Issuer Symbol CUSIP Value Weight Shares Type
1 COLUMBIA BKG SYS INC COLB 197236102 $34.3M 6.56% 1,071,732 SH
2 WESTERN ALLIANCE BANCORP WAL 957638109 $31.0M 5.91% 376,885 SH
3 ATLANTIC UN BANKSHARES CORP AUB 04911A107 $29.4M 5.60% 693,749 SH
4 UMB FINL CORP UMBF 902788108 $29.1M 5.56% 204,065 SH
5 AXOS FINANCIAL INC AX 05465C100 $25.0M 4.77% 256,345 SH
6 CITIZENS FINL GROUP INC CFG 174610105 $24.5M 4.68% 349,780 SH
7 HANCOCK WHITNEY CORPORATION HWC 410120109 $22.5M 4.30% 301,296 SH
8 CONNECTONE BANCORP INC CNOB 20786W107 $22.4M 4.28% 670,377 SH
9 SOUTHSTATE BK CORP SSB 84472E102 $22.1M 4.22% 221,394 SH
10 EAST WEST BANCORP INC EWBC 27579R104 $20.4M 3.89% 157,904 SH
11 OLD NATL BANCORP IND ONB 680033107 $19.8M 3.79% 766,134 SH
12 OLD SECOND BANCORP INC DEL OSBC 680277100 $19.0M 3.63% 815,328 SH
13 FIFTH THIRD BANCORP FITB 316773100 $16.9M 3.22% 299,293 SH
14 F N B CORP FNB 302520101 $16.7M 3.19% 874,591 SH
15 CNB FINL CORP PA CCNE 126128107 $14.7M 2.80% 434,673 SH
16 WINTRUST FINL CORP WTFC 97650W108 $14.4M 2.75% 89,683 SH
17 PREFERRED BK LOS ANGELES CA PFBC 740367404 $12.5M 2.39% 117,921 SH
18 COASTAL FINL CORP WA CCB 19046P209 $12.1M 2.30% 155,771 SH
19 ALERUS FINL CORP ALRS 01446U103 $11.9M 2.27% 382,034 SH
20 HORIZON BANCORP IND HBNC 440407104 $11.8M 2.25% 589,179 SH
21 REGIONS FINANCIAL CORP NEW RF 7591EP100 $11.3M 2.15% 372,682 SH
22 PINNACLE FINL PARTNERS INC PNFP 72348N109 $11.1M 2.12% 110,100 SH
23 FIRST CTZNS BANCSHARES INC D FCNCA 31946M103 $10.0M 1.91% 4,815 SH
24 BANNER CORP BANR 06652V208 $10.0M 1.91% 150,756 SH
25 HANMI FINL CORP HAFC 410495204 $9.9M 1.90% 306,788 SH
26 NICOLET BANKSHARES INC NIC 65406E102 $9.3M 1.77% 55,967 SH
27 FIRST BANCORP CORPORATION FBP 318672706 $8.1M 1.55% 310,710 SH
28 RENASANT CORP RNST 75970E107 $7.3M 1.39% 170,613 SH
29 SMARTFINANCIAL INC SMBK 83190L208 $6.9M 1.32% 147,534 SH
30 BANK OF AMER CORP BAC 060505104 $5.8M 1.10% 101,537 SH
31 SOUTHERN FIRST BANCSHARES SFST 842873101 $5.8M 1.10% 94,114 SH
32 CALIFORNIA BANCORP BCAL 84252A106 $5.3M 1.01% 252,843 SH
33 BURKE HERBERT FINL SVCS CORP BHRB 12135Y108 $4.6M 0.88% 63,940 SH
34 CIVISTA BANCSHARES INC CIVB 178867107 $3.6M 0.68% 126,953 SH
35 VALLEY NATL BANCORP VLY 919794107 $2.3M 0.44% 158,566 SH
36 STIFEL FINL CORP SF 860630102 $2.3M 0.43% 32,500 SH
Filing History
Period Filed AUM Holdings Accession
2026-06-30 2026-08-14 $523.9M 36 0000902664-26-003489
2026-03-31 2026-05-15 $468.1M 35 0000902664-26-002518
2025-12-31 2026-02-06 $539.4M 38 0000902664-26-000776
2025-09-30 2025-11-13 $530.5M 40 0000902664-25-004904
Filer Information
Address
12412 POWERSCOURT DR.
SUITE 250
ST. LOUIS, MO 63131
Phone
(314) 779-2450
Filing Manager
Stieven Capital Advisors, L.P.
ST. LOUIS, MO
Signatory
Mark J. Ross
Officer - Managing Director