FJ Capital Management LLC

CIK: 0001599170Latest portfolio: $905.8M · Q4 2025

Holdings

128

Total Value

$905.8M

New Positions

41

Closed Positions

55

#StockSharesValue% PortfolioChangeType
1
SSBSOUTHSTATE BK CORP
813,033$76.5M8.45%+285K
2
HTBHOMETRUST BANCSHARES INC
1,693,553$72.7M8.03%+13K
3
EQBKEQUITY BANCSHARES INC
1,225,687$54.7M6.04%+3K
4
SBG1SEACOAST BKG CORP FLA
1,361,677$42.8M4.72%+152K
5
SFSTSOUTHERN FIRST BANCSHARES
807,223$41.6M4.59%
6
WEAWESTERN ALLIANCE BANCORP
432,672$36.4M4.02%+257K
7
OSBCOLD SECOND BANCORP INC ILL
1,829,665$35.7M3.94%-90,269
8
RBBRBB BANCORP
1,511,408$31.2M3.44%
9
MOFGMIDWESTONE FINL GROUP INC NE
797,816$30.7M3.39%+933
10
WBSWEBSTER FINL CORP
384,743$24.2M2.67%-239,721
11
FRMEFIRST MERCHANTS CORP
633,668$23.7M2.62%+339K
12
BCALCALIFORNIA BANCORP
1,271,636$23.7M2.62%
13
USBUS BANCORP DEL
373,433$19.9M2.20%+26K
14
HBNCHORIZON BANCORP INC
1,083,840$18.4M2.03%+819K
15
SMBCSOUTHERN MO BANCORP INC
300,944$17.8M1.96%
16
EBCEASTERN BANKSHARES INC
926,841$17.1M1.89%-49,501
17
INDBINDEPENDENT BK CORP MASS
230,533$16.8M1.86%-148,206
18
ON1OLD NATL BANCORP IND
717,018$16.0M1.77%-60,208
19
ZIONZIONS BANCORPORATION N A
239,124$14.0M1.55%-28,987
20
DWDMORGAN STANLEY
74,759$13.3M1.47%NEW
21
IBCPINDEPENDENT BK CORP MICH
385,088$12.5M1.38%-165,106
22
WSBCWESBANCO INC
347,136$11.5M1.27%-307,160
23
QCRHQCR HOLDINGS INC
132,898$11.1M1.22%-87,249
24
CBNACHAIN BRIDGE BANCORP INC
293,788$10.2M1.12%
25
AVBCAVIDIA BANCORP INC
497,258$8.4M0.92%

Quarterly Changes

New Positions

Closed Positions

Increased Positions

NameSharesChange
FRME634K+339K
RPC457K+302K
SSB813K+285K
WEA433K+257K
SBG11.4M+152K
AII153K+142K
AKR248K+42K
KINS78K+37K
SF58K+33K
USB373K+26K

Decreased Positions

NameSharesChange
WSBC347K-307160
WBS385K-239721
FVCB16K-205840
IBCP385K-165106
INDB231K-148206
OSBC1.8M-90269
QCRH133K-87249
ON1717K-60208
EBC927K-49501
TOWN183K-39873

Sector Breakdown

Financial Services0.0% ($7.651472721547264e+293T)
Real Estate0.0% ($7.264508641393962e+92T)
Unknown0.0% ($4.278315996132713e+28T)
Technology0.0% ($3.6374307154269712e+25T)
Consumer Cyclical0.0% ($36.4B)
Healthcare0.0% ($1.2M)

Filing History

QuarterFiling DatePortfolio ValueHoldings
Q4 2025Feb 13, 2026$905.8M128
Q3 2025Nov 14, 2025$936.6B142
Q2 2025Aug 14, 2025$943.0B128
Q1 2025May 15, 2025$966.2B111
Q4 2024Feb 14, 2025$861.8B111
Q3 2024Nov 14, 2024$954.3B120
Q2 2024Aug 14, 2024$956.5B109
Q1 2024May 14, 2024$983.0B98
Q4 2023Feb 14, 2024$996.3B102
Q3 2023Nov 14, 2023$883.6B108
Q2 2023Aug 11, 2023$784.2B104
Q1 2023May 12, 2023$807.6B98
Q4 2022Feb 9, 2023$844.5B89
Q3 2022Nov 9, 2022$836.2M93
Q2 2022Aug 11, 2022$1.0B95
Q1 2022May 12, 2022$1.2B98
Q4 2021Feb 11, 2022$1.2B103
Q3 2021Nov 12, 2021$1.2B94
Q2 2021Aug 6, 2021$1.2B98
Q1 2021May 14, 2021$1.2B101
Q4 2020Feb 10, 2021$897.9M86
Q3 2020Nov 13, 2020$635.6M85
Q2 2020Aug 14, 2020$644.7M74
Q1 2020May 14, 2020$566.0M70
Q4 2019Feb 14, 2020$934.8M80
Q3 2019Nov 14, 2019$963.9M92
Q2 2019Aug 14, 2019$1.0B90
Q1 2019May 14, 2019$968.4M95
Q4 2018Feb 14, 2019$855.8M107
Q3 2018Nov 14, 2018$899.9M105
Q2 2018Aug 14, 2018$900.9M96
Q1 2018May 14, 2018$812.2M108
Q4 2017Feb 13, 2018$798.4M104
Q3 2017Nov 14, 2017$824.4M103
Q2 2017Aug 14, 2017$791.9M100
Q1 2017May 15, 2017$726.6M84
Q4 2016Feb 14, 2017$673.4M80
Q3 2016Nov 14, 2016$522.2M77
Q2 2016Aug 12, 2016$504.5M80
Q1 2016May 13, 2016$504.7M84

Fund Information

CIK0001599170
Most Recent FilingFeb 13, 2026
Number of Filings40

FJ Capital Management LLC is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $905.8M across 128 holdings. The largest position is SOUTHSTATE BK CORP (SSB), representing 8.4% of the portfolio. Compared to the previous quarter, the fund opened 41 new positions and closed 55 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.