FJ Capital Management LLC Q2 2025 Filing

Filed August 14, 2025

Portfolio Value

$943.0B

Holdings

128

Report Date

Q2 2025

Filing Type

13F-HR

All Holdings (128 positions)

#StockSharesValue% PortfolioType
1
HTBHOMETRUST BANCSHARES INC
1,732,877$64.8B6.87%
2
SSBUSDSOUTHSTATE CORPORATION
702,355$64.6B6.85%
3
EQBKEQUITY BANCSHARES INC
1,126,096$45.9B4.87%
4
WEAWESTERN ALLIANCE BANCORP
549,146$42.8B4.54%
5
INDBINDEPENDENT BK CORP MASS
649,320$40.8B4.33%
6
ABCBAMERIS BANCORP
602,320$39.0B4.13%
7
WBSWEBSTER FINL CORP
679,914$37.1B3.94%
8
OSBCOLD SECOND BANCORP INC ILL
1,837,333$32.6B3.46%
9
SBG1SEACOAST BKG CORP FLA
1,154,434$31.9B3.38%
10
SFSTSOUTHERN FIRST BANCSHARES
807,223$30.7B3.26%
11
RBBRBB BANCORP
1,766,083$30.4B3.22%
12
LNKBLINKBANCORP INC
3,728,660$27.3B2.89%
13
HTBKHERITAGE COMM CORP
2,344,722$23.3B2.47%
14
ZIONZIONS BANCORPORATION N A
442,549$23.0B2.44%
15
MOFGMIDWESTONE FINL GROUP INC NE
766,202$22.0B2.34%
16
IBCPINDEPENDENT BK CORP MICH
664,680$21.5B2.28%
17
QCRHQCR HOLDINGS INC
296,530$20.1B2.14%
18
BCALCALIFORNIA BANCORP
1,271,636$20.0B2.13%
19
BANCBANC OF CALIFORNIA INC
1,365,440$19.2B2.03%
20
SMBCSOUTHERN MO BANCORP INC
282,942$15.5B1.64%
21
CBUCOMMUNITY FINANCIAL SYSTEM I
270,197$15.4B1.63%
22
ESSAESSA BANCORP INC
684,979$13.3B1.41%
23
ON1OLD NATL BANCORP IND
617,226$13.2B1.40%
24
TOWNTOWNEBANK PORTSMOUTH VA
301,231$10.3B1.09%
25
BUSEFIRST BUSEY CORP
410,186$9.4B1.00%
26
MPBMID PENN BANCORP INC
328,705$9.3B0.98%
27
WFCWELLS FARGO CO NEW
105,067$8.4B0.89%
28
DWDMORGAN STANLEY
57,696$8.1B0.86%
29
MBINMERCHANTS BANCORP IND
238,580$7.9B0.84%
30
JMSBJOHN MARSHALL BANCORP INC
413,353$7.7B0.81%
31
CBNACHAIN BRIDGE BANCORP INC
293,788$7.6B0.80%
32
FFWMFIRST FNDTN INC
1,478,574$7.5B0.80%
33
FVCBFVCBANKCORP INC
632,902$7.5B0.79%
34
FSFGFIRST SVGS FINL GROUP INC
282,864$7.1B0.75%
35
USBUS BANCORP DEL
150,588$6.8B0.72%
36
HWBKHAWTHORN BANCSHARES INC
221,156$6.4B0.68%
37
JLLJONES LANG LASALLE INC
22,352$5.7B0.61%
38
WF2WINTRUST FINL CORP
44,920$5.6B0.59%
39
CZWICITIZENS CMNTY BANCORP INC M
383,656$5.3B0.56%
40
SBFGSB FINL GROUP INC
265,791$5.1B0.54%
41
THGHANOVER INS GROUP INC
27,523$4.7B0.50%
42
WELLWELLTOWER INC
28,454$4.4B0.46%
43
TMHCTAYLOR MORRISON HOME CORP
69,594$4.3B0.45%
44
PHMPULTE GROUP INC
40,391$4.3B0.45%
45
BROBROWN & BROWN INC
35,958$4.0B0.42%
46
RPCP10 INC
365,657$3.7B0.40%
47
SYFSYNCHRONY FINANCIAL
54,295$3.6B0.38%
48
CINFCINCINNATI FINL CORP
22,656$3.4B0.36%
49
RVSBRIVERVIEW BANCORP INC
606,634$3.3B0.35%
50
RGAREINSURANCE GRP OF AMERICA I
16,488$3.3B0.35%
51
FDSBFIFTH DIST BANCORP INC
247,691$3.1B0.32%
52
RITMRITHM CAPITAL CORP
246,278$2.8B0.29%
53
HTGCHERCULES CAPITAL INC
150,435$2.7B0.29%
54
NMIHNMI HLDGS INC
63,610$2.7B0.28%
55
MCYMERCURY GENL CORP NEW
38,074$2.6B0.27%
56
NDAQNASDAQ INC
27,803$2.5B0.26%
57
MRXMAREX GROUP PLC
62,696$2.5B0.26%
58
LADRLADDER CAP CORP
228,343$2.5B0.26%
59
MAAMID-AMER APT CMNTYS INC
16,574$2.5B0.26%
60
PLMRPALOMAR HLDGS INC
15,810$2.4B0.26%
61
WSBCWESBANCO INC
75,085$2.4B0.25%
62
AHRAMERICAN HEALTHCARE REIT INC
62,994$2.3B0.25%
63
GSHDGOOSEHEAD INS INC
21,705$2.3B0.24%
64
ADCAGREE RLTY CORP
30,114$2.2B0.23%
65
HLIHOULIHAN LOKEY INC
12,082$2.2B0.23%
66
CMECME GROUP INC
7,795$2.1B0.23%
67
NPBNORTHPOINTE BANCSHARES INC.
155,000$2.1B0.23%
68
UCBUNITED CMNTY BKS BLAIRSVLE G
67,695$2.0B0.21%
69
MRPMILLROSE PPTYS INC
66,444$1.9B0.20%
70
PECOPHILLIPS EDISON & CO INC
49,464$1.7B0.18%
71
HCIHCI GROUP INC
11,211$1.7B0.18%
72
AKRACADIA RLTY TR
89,739$1.7B0.18%
73
ARIAPOLLO COML REAL EST FIN INC
165,317$1.6B0.17%
74
JCAPJEFFERSON CAPITAL INC
86,387$1.6B0.17%
75
SKWDSKYWARD SPECIALTY INS GROUP
26,678$1.5B0.16%
76
LKFNLAKELAND FINL CORP
21,793$1.3B0.14%
77
GLGLOBE LIFE INC
10,751$1.3B0.14%
78
HBCPHOME BANCORP INC
24,269$1.3B0.13%
79
ARESARES MANAGEMENT CORPORATION
6,911$1.2B0.13%
80
EZPWEZCORP INC
83,575$1.2B0.12%
81
NLYANNALY CAPITAL MANAGEMENT IN
52,796$993.6M0.11%
82
ALLYALLY FINL INC
23,885$930.3M0.10%
83
VNOVORNADO RLTY TR
23,492$898.3M0.10%
84
JHGJANUS HENDERSON GROUP PLC
21,887$850.1M0.09%
85
A4SAMERIPRISE FINL INC
1,508$804.9M0.09%
86
APAMARTISAN PARTNERS ASSET MGMT
17,540$777.5M0.08%
87
CSWCCAPITAL SOUTHWEST CORP
35,067$772.9M0.08%
88
EXREXTRA SPACE STORAGE INC
5,225$770.4M0.08%
89
SMASMARTSTOP SELF STORAG REIT I
20,922$758.0M0.08%
90
BHFBRIGHTHOUSE FINL INC
12,719$683.9M0.07%
91
CUZCOUSINS PPTYS INC
21,941$658.9M0.07%
92
SBCSABRA HEALTH CARE REIT INC
35,284$650.6M0.07%
93
VVISA INC
1,806$641.2M0.07%
94
HIWHIGHWOODS PPTYS INC
19,833$616.6M0.07%
95
CPTCAMDEN PPTY TR
5,438$612.8M0.06%
96
TRVTRAVELERS COMPANIES INC
2,199$588.3M0.06%
97
RWTREDWOOD TRUST INC
92,924$549.2M0.06%
98
CCAPCRESCENT CAP BDC INC
37,640$530.7M0.06%
99
TSAACI WORLDWIDE INC
9,306$427.2M0.05%
100
VOYAVOYA FINANCIAL INC
5,640$400.4M0.04%
Page 1 of 2Next