Stilwell Value LLC — 13F Holdings & Portfolio
CIK 1397076 · latest 13F-HR filed 2026-08-07
Stilwell Value LLC manages $174.4M in 13F-reported U.S. long-equity assets across 24 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are WHLRL (40.96%), KWY (20.10%), SFBC (10.14%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 2 new positions and exited 3; 14 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.
Long-equity book
Distinct positions
Filed 2026-08-07
vs 2026-03-31
Portfolio charts
Latest quarter's book, what changed, and how the portfolio has evolved across filings.
Portfolio map
Q2 26Box 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 valueSectors from each company's SIC code; funds and ETFs grouped separately.
Biggest buys and sells
Q1 26 → Q2 26Estimated 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
3 quartersTotal reported 13F value (bars) and number of positions (line) each quarter. Value changes include market moves.
Top positions over time
reported valueThe eight largest current positions, valued at each quarter end.
Concentration
top 10 = 95.4%Cumulative share of the portfolio held in the largest N positions.
As of the firm’s regulatory filing dated Mar 27, 2026.
12TH FLOOR
NEW YORK, NY 10006
| Name | Title / Status | Ownership | Type |
|---|---|---|---|
| STILWELL, JOSEPH, DAVID Control | PRINCIPAL since Mar 2016 | 75% or more | Individual |
| BORRACK, ESTHER, JO | GENERAL COUNSEL since May 2013 | Less than 5% | Individual |
| TAPIA VARGAS, RUBEN, ANTONIO | CHIEF COMPLIANCE OFFICER since Mar 2026 | Less than 5% | Individual |
Ownership & leadership changes · 8 filings with changes since Feb 13, 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.
- No longer listedMcShea, Michael, J · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Aug 2022
- No longer listedShah, Ravi, Bipin · CHIEF FINANCIAL OFFICER · Less than 5% · control person · listed since Oct 2021
- AddedTAPIA VARGAS, RUBEN, ANTONIO · CHIEF COMPLIANCE OFFICER · Less than 5%
- No longer listedDAMON, HALLIE · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jan 2020
- AddedMcShea, Michael, J · CHIEF COMPLIANCE OFFICER · Less than 5%
- AddedShah, Ravi, Bipin · CHIEF FINANCIAL OFFICER · Less than 5% · control person
- No longer listedNIKPOUR, NINA · CHIEF OPERATING OFFICER · Less than 5% · listed since Apr 2016
- No longer listedWILINSKA, KATARZYNA · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Mar 2018
- AddedDAMON, HALLIE · CHIEF COMPLIANCE OFFICER · Less than 5%
- No longer listedBERGMAN, MICHELLE, DUNCAN · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Jul 2013
- No longer listedLAMANGA, MICHAEL · TRUSTEE · General partner, trustee or manager · indirect via STILWELL TRUST · control person · listed since Mar 2015
- No longer listedSTILWELL TRUST · TRUST · 75% or more · control person · listed since Mar 2015
- AddedWILINSKA, KATARZYNA · CHIEF COMPLIANCE OFFICER · Less than 5%
- AddedNIKPOUR, NINA · CHIEF OPERATING OFFICER · Less than 5%
- Listed againSTILWELL, JOSEPH, DAVID · PRINCIPAL · 75% or more · control person
- No longer listedSTILWELL, JOSEPH, DAVID · MANAGING MEMBER · 75% or more · control person · listed since Mar 2000
- AddedLAMANGA, MICHAEL · TRUSTEE · General partner, trustee or manager · indirect via STILWELL TRUST · control person
- AddedSTILWELL TRUST · TRUST · 75% or more · control person
- No longer listedJIANG, XIAO MING (MIKA) · CHIEF COMPLIANCE OFFICER · Less than 5% · listed since Feb 2012
- AddedBERGMAN, MICHELLE, DUNCAN · CHIEF COMPLIANCE OFFICER · Less than 5%
- AddedBORRACK, ESTHER, JO · GENERAL COUNSEL · Less than 5%
- ListedJIANG, XIAO MING (MIKA) · CHIEF COMPLIANCE OFFICER · Less than 5%
- ListedSTILWELL, JOSEPH, DAVID · MANAGING MEMBER · 75% or more · 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.
Top Adds (vs prior quarter)
- LAKE SHORE BANCORP INC$2.0M +17.3%
- WHEELER REAL ESTATE INVT TR$2.0M +39.0%
- CENTRAL PLAINS BANCSHARES IN$1.5M +23.3%
- CATALYST BANCORP INC$1.3M +28.5%
- HOME FED BANCORP INC LA NEW$295.2K +21.3%
Top Trims
- NB BANCORP INC-$313.1K -22.9%
- PROSHARES TR II-$206.0K -43.1%
- AVIDIA BANCORP INC-$52.1K -6.6%
Exited Positions
- IMMUNITYBIO INC$613.6K
- SR BANCORP INC$337.6K
- WHEELER REAL ESTATE INVT TR$17.6K
Stilwell Value LLC 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 | WHEELER REAL ESTATE INVT TR | WHLRL | 963025804 | $71.4M | 40.96% | 865,721 | SH |
| 2 | KINGSWAY CORP | KWY | 496904202 | $35.0M | 20.10% | 3,363,450 | SH |
| 3 | SOUND FINL BANCORP INC | SFBC | 83607A100 | $17.7M | 10.14% | 410,019 | SH |
| 4 | LAKE SHORE BANCORP INC | LSBK | 510704109 | $13.8M | 7.90% | 773,675 | SH |
| 5 | CENTRAL PLAINS BANCSHARES IN | CPBI | 15486W100 | $7.7M | 4.44% | 406,874 | SH |
| 6 | WHEELER REAL ESTATE INVT TR | WHLRP | 963025309 | $7.1M | 4.07% | 710,466 | SH |
| 7 | CATALYST BANCORP INC | CLST | 14888L101 | $6.0M | 3.45% | 364,085 | SH |
| 8 | FS BANCORP INC | FSBW | 30263Y104 | $3.0M | 1.74% | 70,000 | SH |
| 9 | NORTHEAST CMNTY BANCORP INC | NECB | 664121100 | $2.8M | 1.59% | 100,000 | SH |
| 10 | BV FINL INC | BVFL | 05603E208 | $1.7M | 0.97% | 80,000 | SH |
| 11 | HOME FED BANCORP INC LA NEW | HFBL | 43708L108 | $1.7M | 0.96% | 80,000 | SH |
| 12 | FIFTH DIST BANCORP INC | FDSB | 316926104 | $1.3M | 0.74% | 80,000 | SH |
| 13 | NB BANCORP INC | NBBK | 63945M107 | $1.1M | 0.61% | 50,000 | SH |
| 14 | SPACE EXPLORATION TECHN CORP | SPCX | 84615Q103 | $854.3K | 0.49% | 5,000 | SH |
| 15 | AVIDIA BANCORP INC | AVBC | 05369T100 | $734.6K | 0.42% | 35,000 | SH |
| 16 | MAGYAR BANCORP INC | MGYR | 55977T208 | $698.0K | 0.40% | 40,000 | SH |
| 17 | ECB BANCORP INC | ECBK | 26828M106 | $401.6K | 0.23% | 20,000 | SH |
| 18 | PONCE FINANCIAL GROUP INC | PDLB | 732344106 | $398.8K | 0.23% | 20,000 | SH |
| 19 | MARATHON BANCORP INC | MBBC | 565759206 | $305.6K | 0.18% | 20,000 | SH |
| 20 | FB BANCORP INC | FBLA | 31425A109 | $301.2K | 0.17% | 20,000 | SH |
| 21 | PROSHARES TR II | AGQ | 74347W353 | $272.0K | 0.16% | 4,000 | SH |
| 22 | PRINCIPAL FINANCIAL GROUP IN | PFG | 74251V102 | $59.0K | 0.03% | 547 | SH |
| 23 | METLIFE INC | MET | 59156R108 | $5.1K | 0.00% | 60 | SH |
| 24 | WHEELER REAL ESTATE INVT TR | WHLR | 963025747 | $2.0K | 0.00% | 1,583 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | $174.4M | 24 | 0001397076-26-000014 |
| 2026-03-31 | 2026-05-06 | $166.9M | 25 | 0001397076-26-000006 |
| 2025-12-31 | 2026-01-29 | $181.4M | 24 | 0001397076-26-000002 |
NEW YORK, NY 10006