FJ Capital Management LLC Q1 2025 Filing

Filed May 15, 2025

Portfolio Value

$966.2B

Holdings

111

Report Date

Q1 2025

Filing Type

13F-HR

All Holdings (111 positions)

#StockSharesValue% PortfolioType
1
HTBHOMETRUST BANCSHARES INC
1,732,877$59.4B6.15%
2
SSBUSDSOUTHSTATE CORPORATION
556,226$51.6B5.34%
3
EQBKEQUITY BANCSHARES INC
1,206,571$47.5B4.92%
4
ABCBAMERIS BANCORP
785,288$45.2B4.68%
5
WEAWESTERN ALLIANCE BANCORP
442,507$34.0B3.52%
6
WBSWEBSTER FINL CORP
643,988$33.2B3.44%
7
INDBINDEPENDENT BK CORP MASS
513,569$32.2B3.33%
8
OSBCOLD SECOND BANCORP INC ILL
1,810,720$30.1B3.12%
9
RBBRBB BANCORP
1,756,006$29.0B3.00%
10
SFSTSOUTHERN FIRST BANCSHARES
807,223$26.6B2.75%
11
FIBKFIRST INTST BANCSYSTEM INC
890,226$25.5B2.64%
12
LNKBLINKBANCORP INC
3,728,660$25.3B2.62%
13
HTBKHERITAGE COMMERCE CORP
2,364,824$22.5B2.33%
14
MOFGMIDWESTONE FINL GROUP INC NE
747,456$22.1B2.29%
15
QCRHQCR HOLDINGS INC
301,205$21.5B2.22%
16
ZIONZIONS BANCORPORATION N A
428,424$21.4B2.21%
17
IBCPINDEPENDENT BK CORP MICH
683,156$21.0B2.18%
18
CMACOMERICA INC
331,747$19.6B2.03%
19
HBCPHOME BANCORP INC
433,971$19.4B2.01%
20
SBTEURSTERLING BANCORP INC
4,002,428$19.4B2.01%
21
SMBCSOUTHERN MO BANCORP INC
352,105$18.3B1.90%
22
FVCBFVCBANKCORP INC
1,637,664$17.3B1.79%
23
ESSAESSA BANCORP INC
884,194$16.7B1.73%
24
BCALCALIFORNIA BANCORP
1,057,925$15.2B1.57%
25
WSBCWESBANCO INC
445,012$13.8B1.43%
26
MBINMERCHANTS BANCORP IND
316,190$11.7B1.21%
27
RVSBRIVERVIEW BANCORP INC
1,912,970$10.8B1.12%
28
FSFGFIRST SVGS FINL GROUP INC
394,472$10.2B1.05%
29
SBG1SEACOAST BKG CORP FLA
391,929$10.1B1.04%
30
MPBMID PENN BANCORP INC
346,838$9.0B0.93%
31
BUSEFIRST BUSEY CORP
402,600$8.7B0.90%
32
HWBKHAWTHORN BANCSHARES INC
299,555$8.5B0.88%
33
CBNACHAIN BRIDGE BANCORP INC
338,236$8.0B0.83%
34
CZWICITIZENS COMMUNITY BANCORP INC M
542,904$7.8B0.81%
35
SBFGSB FINL GROUP INC
371,571$7.7B0.80%
36
HCIHCI GROUP INC
48,870$7.3B0.75%
37
WFCWELLS FARGO & CO NEW
100,097$7.2B0.74%
38
ON1OLD NATL BANCORP IND
298,091$6.3B0.65%
39
USBU S BANCORP DEL
146,391$6.2B0.64%
40
WF2WINTRUST FINL CORP
54,115$6.1B0.63%
41
CBUCOMMUNITY FINANCIAL SYSTEM I
105,128$6.0B0.62%
42
SFBCSOUND FINL BANCORP INC
108,095$5.4B0.56%
43
BANCBANC OF CALIFORNIA INC
373,286$5.3B0.55%
44
JMSBJOHN MARSHALL BANCORP INC
320,127$5.3B0.55%
45
GLGLOBE LIFE INC
39,450$5.2B0.54%
46
RPCP10 INC
440,792$5.2B0.54%
47
SCHWCHARLES SCHWAB CORP
61,043$4.8B0.49%
48
FAFFIRST AMERN FINL CORP
71,490$4.7B0.49%
49
TFSLTFS FINL CORP
362,562$4.5B0.46%
50
TMHCTAYLOR MORRISON HOME CORP
74,382$4.5B0.46%
51
FDSBFIFTH DIST BANCORP INC
364,949$4.5B0.46%
52
TRVCCITIGROUP INC
61,545$4.4B0.45%
53
CINFCINCINNATI FINL CORP
29,293$4.3B0.45%
54
WTWWILLIS TOWERS WATSON PLC LTD
12,658$4.3B0.44%
55
GSHDGOOSEHEAD INS INC
34,498$4.1B0.42%
56
ALSALLSTATE CORP
19,567$4.1B0.42%
57
JLLJONES LANG LASALLE INC
16,138$4.0B0.41%
58
SKWDSKYWARD SPECIALTY INS GROUP
71,100$3.8B0.39%
59
07WAMR COOPER GROUP INC
30,490$3.6B0.38%
60
RGAREINSURANCE GRP OF AMERICA I
17,639$3.5B0.36%
61
UCBUNITED CMNTY BKS BLAIRSVLE GA
120,000$3.4B0.35%
62
WELLWELLTOWER INC
21,409$3.3B0.34%
63
PLMRPALOMAR HLDGS INC
23,518$3.2B0.33%
64
LADRLADDER CAP CORP
253,990$2.9B0.30%
65
VIRTVIRTU FINL INC
69,107$2.6B0.27%
66
NPBNORTHPOINTE BANCSHARES INC
155,000$2.2B0.23%
67
OWLBLUE OWL CAPITAL INC
106,376$2.1B0.22%
68
FRFIRST INDL RLTY TR INC
38,445$2.1B0.21%
69
MAAMID-AMER APT CMNTYS INC
12,294$2.1B0.21%
70
RITMRITHM CAPITAL CORP
169,719$1.9B0.20%
71
FCFSFIRSTCASH HOLDINGS INC
15,159$1.8B0.19%
72
HTGCHERCULES CAPITAL INC
93,829$1.8B0.19%
73
AHRAMERICAN HEALTHCARE REIT INC
57,611$1.7B0.18%
74
AKRACADIA RLTY TR
78,955$1.7B0.17%
75
DHID R HORTON INC
12,719$1.6B0.17%
76
JEFJEFFERIES FINL GROUP INC
30,148$1.6B0.17%
77
DYT1DYNEX CAP INC
120,988$1.6B0.16%
78
TRTXTPG RE FIN TR INC
190,510$1.6B0.16%
79
ARCCARES CAPITAL CORP
69,062$1.5B0.16%
80
TOLTOLL BROTHERS INC
13,837$1.5B0.15%
81
TRVTRAVELERS COMPANIES INC
5,104$1.3B0.14%
82
THGHANOVER INS GROUP INC
7,491$1.3B0.13%
83
PECOPHILLIPS EDISON & CO INC
32,298$1.2B0.12%
84
VVISA INC
2,952$1.0B0.11%
85
JHGJANUS HENDERSON GROUP PLC
28,435$1.0B0.11%
86
PSAPUBLIC STORAGE OPER CO
3,196$956.5M0.10%
87
COSCNO FINL GROUP INC
22,096$920.3M0.10%
88
CSWCCAPITAL SOUTHWEST CORP
40,081$894.6M0.09%
89
MSCIMSCI INC
1,573$889.5M0.09%
90
ADCAGREE RLTY CORP
11,514$888.8M0.09%
91
KKRKKR & CO INC
7,424$858.3M0.09%
92
TSLXSIXTH STREET SPECIALTY LENDING
35,944$804.4M0.08%
93
FFWMFIRST FNDTN INC
138,937$721.1M0.07%
94
REGREGENCY CTRS CORP
9,727$717.5M0.07%
95
EQHEQUITABLE HLDGS INC
13,648$710.9M0.07%
96
CUZCOUSINS PPTYS INC
16,481$486.2M0.05%
97
AMTAMERICAN TOWER CORP NEW
1,746$379.9M0.04%
98
CNCCENTENE CORP DEL
6,252$379.6M0.04%
99
FISVFISERV INC
1,704$376.3M0.04%
100
SYFSYNCHRONY FINANCIAL
6,851$362.7M0.04%
Page 1 of 2Next