FJ Capital Management LLC — 13F Holdings & Portfolio
CIK 1599170 · latest 13F-HR filed 2026-08-14
FJ Capital Management LLC manages $770.4M in 13F-reported U.S. long-equity assets across 121 reported positions as of its 2026-06-30 13F-HR filing. Its largest disclosed positions are SFST (7.08%), EQBK (6.11%), NIC (5.95%). Quarter over quarter (versus its 2026-03-31 filing) the fund opened 47 new positions, exited 53, added to 48, and trimmed 18.
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.
SUITE 210
MCLEAN, VA 22102
$770.4M
Long-equity book
121
Distinct positions
2026-06-30
Filed 2026-08-14
+47 / −53 / ↑48 / ↓18
vs 2026-03-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- TOWNEBANK$17.7M +93.8%
- UMB FINL$13.3M +268.9%
- CVB FINL CORP$12.7M +76.9%
- SOUTHERN FIRST BANCSHARES$10.5M +23.9%
- HUNTINGTON BANCSHARES$6.7M +38.4%
Top Trims
- SOUTHSTATE BANK-$28.2M -39.1%
- HOMETRUST BANCSHARES-$24.4M -36.9%
- AMERIS BANCORP-$8.1M -77.4%
- EXZEO GROUP-$6.2M -62.3%
- HCI GROUP-$4.4M -76.3%
New Positions
- BANK OF HAWAII CORP$25.5M
- TRUIST FINL CORP$22.2M
- LPL FINL HLDGS INC$8.4M
- WELLS FARGO & CO$6.7M
- FIRST AMERICAN FINL CORP$6.3M
Exited Positions
- EASTERN BANKSHARES$34.1M
- RBB BANCORP$32.3M
- BANKUNITED$17.2M
- OLD NATIONAL BANCORP$15.8M
- SOUTHERN MISSOURI BANCORP$12.9M
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 | SOUTHERN FIRST BANCSHARES | SFST | 842873101 | $54.5M | 7.08% | 892,223 | SH |
| 2 | EQUITY BANCSHARES | EQBK | 29460X109 | $47.1M | 6.11% | 961,492 | SH |
| 3 | NICOLET BANKSHARES | NIC | 65406E102 | $45.9M | 5.95% | 277,243 | SH |
| 4 | SOUTHSTATE BANK | SSB | 84472E102 | $43.9M | 5.69% | 438,973 | SH |
| 5 | CALIFORNIA BANCORP | BCAL | 84252A106 | $42.8M | 5.56% | 2,054,534 | SH |
| 6 | HOMETRUST BANCSHARES | HTB | 437872104 | $41.9M | 5.43% | 839,115 | SH |
| 7 | TOWNEBANK | TOWN | 89214P109 | $36.5M | 4.74% | 1,008,071 | SH |
| 8 | OLD SECOND BANCORP INC DEL | OSBC | 680277100 | $34.1M | 4.42% | 1,460,413 | SH |
| 9 | SEACOAST BANKING OF FLORIDA | SBCF | 811707801 | $33.5M | 4.34% | 1,006,363 | SH |
| 10 | FIRST MERCHANTS | FRME | 320817109 | $31.1M | 4.03% | 711,425 | SH |
| 11 | CVB FINL CORP | CVBF | 126600105 | $29.2M | 3.79% | 1,295,322 | SH |
| 12 | BANK OF HAWAII CORP | BOH | 062540109 | $25.5M | 3.31% | 312,693 | SH |
| 13 | HORIZON BANCORP | HBNC | 440407104 | $24.9M | 3.23% | 1,246,550 | SH |
| 14 | HUNTINGTON BANCSHARES | HBAN | 446150104 | $24.2M | 3.14% | 1,364,029 | SH |
| 15 | TRUIST FINL CORP | TFC | 89832Q109 | $22.2M | 2.89% | 446,477 | SH |
| 16 | UMB FINL | UMBF | 902788108 | $18.2M | 2.36% | 127,486 | SH |
| 17 | CHAIN BRIDGE BANCORP | CBNA | 15746L100 | $12.4M | 1.60% | 293,788 | SH |
| 18 | AVIDIA BANCORP INC | AVBC | 05369T100 | $10.4M | 1.35% | 497,258 | SH |
| 19 | LPL FINL HLDGS INC | LPLA | 50212V100 | $8.4M | 1.10% | 29,967 | SH |
| 20 | HAWTHORN BANCSHARES | HWBK | 420476103 | $7.5M | 0.97% | 190,710 | SH |
| 21 | INDEPENDENT BANK MICH | IBCP | 453838609 | $7.3M | 0.95% | 203,607 | SH |
| 22 | WELLS FARGO & CO | WFC | 949746101 | $6.7M | 0.87% | 80,810 | SH |
| 23 | AMERICAN HEALTHCARE REIT | AHR | 398182303 | $6.6M | 0.86% | 127,389 | SH |
| 24 | FIRST AMERICAN FINL CORP | FAF | 31847R102 | $6.3M | 0.82% | 91,643 | SH |
| 25 | STOCK YARDS BANCORP | SYBT | 861025104 | $6.2M | 0.81% | 81,359 | SH |
| 26 | JONES LANG LASALLE | JLL | 48020Q107 | $5.8M | 0.76% | 18,851 | SH |
| 27 | FIRSTCASH HLDGS | FCFS | 33768G107 | $4.9M | 0.64% | 22,683 | SH |
| 28 | ANNALY CAPITAL MGMT IN | NLY | 035710839 | $4.7M | 0.61% | 210,786 | SH |
| 29 | CHAMPION HOMES INC | SKY | 830830105 | $4.4M | 0.58% | 50,348 | SH |
| 30 | MIAMI INTL HLDGS INC | MIAX | 59356Q108 | $4.4M | 0.58% | 119,299 | SH |
| 31 | HOYNE BANCORP | HYNE | 44326H107 | $4.4M | 0.57% | 261,000 | SH |
| 32 | WELLTOWER | WELL | 95040Q104 | $4.3M | 0.56% | 19,095 | SH |
| 33 | MARKETAXESS HLDGS INC | MKTX | 57060D108 | $4.2M | 0.55% | 37,237 | SH |
| 34 | CNO FINL GROUP | CNO | 12621E103 | $4.2M | 0.54% | 82,078 | SH |
| 35 | HERCULES CAPITAL INC | HTGC | 427096508 | $3.9M | 0.51% | 249,039 | SH |
| 36 | CME GROUP INC | CME | 12572Q105 | $3.9M | 0.51% | 17,754 | SH |
| 37 | EXZEO GROUP | XZO | 30234F101 | $3.8M | 0.49% | 223,788 | SH |
| 38 | ENCORE CAPITAL GROUP INC | ECPG | 292554102 | $3.6M | 0.46% | 38,144 | SH |
| 39 | ANNALY CAPITAL MGMT | NLY | 035710839 | $3.5M | 0.45% | 165,250 | SH |
| 40 | REINSURANCE GROUP OF AMERICA | RGA | 759351604 | $3.4M | 0.44% | 16,077 | SH |
| 41 | TOLL BROTHERS | TOL | 889478103 | $3.1M | 0.41% | 19,047 | SH |
| 42 | ETORO GROUP LTD | ETOR | G32089107 | $2.9M | 0.37% | 73,077 | SH |
| 43 | MAIN STREET CAPITAL | MAIN | 56035L104 | $2.8M | 0.36% | 53,085 | SH |
| 44 | FIRST INDL RLTY TR | FR | 32054K103 | $2.7M | 0.35% | 44,161 | SH |
| 45 | ARTHUR J GALLAGHER & CO | AJG | 363576109 | $2.7M | 0.34% | 11,571 | SH |
| 46 | CTO RLTY GROWTH INC NEW | CTO | 22948Q101 | $2.6M | 0.34% | 120,922 | SH |
| 47 | MSC INCOME FUND | MSIF | 55374X208 | $2.4M | 0.31% | 206,254 | SH |
| 48 | AMERIS BANCORP | ABCB | 03076K108 | $2.4M | 0.31% | 26,377 | SH |
| 49 | UDR INC | UDR | 902653104 | $2.4M | 0.31% | 59,259 | SH |
| 50 | INVENTRUST PPTYS | IVT | 46124J201 | $2.4M | 0.31% | 66,542 | SH |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | $770.4M | 121 | 0001420506-26-001821 |
| 2026-03-31 | 2026-05-15 | $888.1M | 126 | 0001420506-26-001153 |
| 2025-12-31 | 2026-02-13 | $905.8M | 128 | 0001420506-26-000417 |
| 2025-09-30 | 2025-11-14 | $936.6M | 142 | 0001420506-25-003437 |