Q4 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | Sell | CURO GROUP HOLDINGS CORP | $9,832,000 | -8.8% | 614,125 | -1.3% | 10.56% | -21.0% |
| MVBF | Sell | MVB FINL CORP | $6,743,000 | -5.5% | 162,403 | -2.6% | 7.24% | -18.2% |
| ALLY | Buy | ALLY FINL INC | $6,458,000 | +24.5% | 135,650 | +33.4% | 6.94% | +7.8% |
| CCB | Buy | COASTAL FINL CORP WA | $5,758,000 | +170.7% | 113,753 | +70.4% | 6.19% | +134.5% |
| ENVA | Sell | ENOVA INTL INC | $5,325,000 | -1.8% | 130,000 | -17.2% | 5.72% | -15.0% |
| ECPG | Buy | ENCORE CAP GROUP INC | $5,158,000 | +70.7% | 83,042 | +35.4% | 5.54% | +47.8% |
| CASH | Buy | META FINL GROUP INC | $5,121,000 | +60.4% | 85,837 | +41.1% | 5.50% | +38.9% |
| TBBK | Sell | BANCORP INC DEL | $5,089,000 | -31.8% | 201,074 | -31.4% | 5.47% | -40.9% |
| OMF | Buy | ONEMAIN HLDGS INC | $5,008,000 | +12.3% | 100,089 | +24.2% | 5.38% | -2.7% |
| VBTX | Buy | VERITEX HLDGS INC | $4,820,000 | +13.2% | 121,178 | +12.0% | 5.18% | -2.0% |
| TBK | Sell | TRIUMPH BANCORP INC | $4,734,000 | +10.6% | 39,752 | -7.0% | 5.09% | -4.2% |
| COF | Buy | CAPITAL ONE FINL CORP | $4,500,000 | -1.6% | 31,019 | +9.9% | 4.83% | -14.7% |
| MCB | New | METROPOLITAN BK HLDG CORP | $4,005,000 | – | 37,600 | – | 4.30% | – |
| ATLC | New | ATLANTICUS HOLDINGS CORP | $3,495,000 | – | 49,000 | – | 3.76% | – |
| QCRH | Sell | QCR HOLDINGS INC | $2,520,000 | -10.9% | 45,000 | -18.2% | 2.71% | -22.9% |
| RM | Sell | REGIONAL MGMT CORP | $1,575,000 | -51.5% | 27,403 | -50.9% | 1.69% | -58.0% |
| SBNY | New | SIGNATURE BK NEW YORK N Y | $1,132,000 | – | 3,500 | – | 1.22% | – |
| AX | New | AXOS FINANCIAL INC | $1,118,000 | – | 20,000 | – | 1.20% | – |
| MYFW | Buy | FIRST WESTN FINL INC | $1,118,000 | +77.7% | 36,818 | +68.8% | 1.20% | +54.0% |
| INBK | New | FIRST INTERNET BANCORP | $941,000 | – | 20,000 | – | 1.01% | – |
| FRBA | New | FIRST BK WILLIAMSTOWN NEW JE | $871,000 | – | 60,000 | – | 0.94% | – |
| C | New | CITIGROUP INC | $604,000 | – | 10,000 | – | 0.65% | – |
| CBNK | New | CAPITAL BANCORP INC MD | $472,000 | – | 18,000 | – | 0.51% | – |
| BWB | Exit | BRIDGEWATER BANCSHARES INC | $0 | – | -10,000 | – | -0.22% | – |
| KEY | Exit | KEYCORP | $0 | – | -12,500 | – | -0.34% | – |
| PNFP | Exit | PINNACLE FINL PARTNERS INC | $0 | – | -10,000 | – | -1.17% | – |
| RBB | Exit | RBB BANCORP | $0 | – | -49,593 | – | -1.55% | – |
| COIN | Exit | COINBASE GLOBAL INC | $0 | – | -13,000 | – | -3.67% | – |
Q3 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | Sell | CURO GROUP HOLDINGS CORP | $10,780,000 | -2.7% | 622,020 | -4.6% | 13.37% | -5.4% |
| TBBK | Sell | BANCORP INC DEL | $7,459,000 | -0.6% | 293,074 | -10.1% | 9.25% | -3.3% |
| MVBF | Sell | MVB FINL CORP | $7,139,000 | -12.7% | 166,684 | -13.1% | 8.86% | -15.1% |
| ENVA | Sell | ENOVA INTL INC | $5,424,000 | -19.5% | 157,000 | -20.3% | 6.73% | -21.7% |
| ALLY | Sell | ALLY FINL INC | $5,189,000 | -16.0% | 101,650 | -18.0% | 6.44% | -18.2% |
| COF | Buy | CAPITAL ONE FINL CORP | $4,571,000 | +27.3% | 28,219 | +21.5% | 5.67% | +23.8% |
| OMF | Sell | ONEMAIN HLDGS INC | $4,459,000 | -27.0% | 80,589 | -21.0% | 5.53% | -29.0% |
| TBK | Sell | TRIUMPH BANCORP INC | $4,281,000 | +20.7% | 42,752 | -10.5% | 5.31% | +17.5% |
| VBTX | Buy | VERITEX HLDGS INC | $4,258,000 | +29.0% | 108,178 | +16.1% | 5.28% | +25.5% |
| RM | Sell | REGIONAL MGMT CORP | $3,246,000 | +11.1% | 55,789 | -11.1% | 4.03% | +8.1% |
| COIN | Buy | COINBASE GLOBAL INC | $2,957,000 | +46.0% | 13,000 | +62.5% | 3.67% | +42.0% |
| QCRH | Buy | QCR HOLDINGS INC | $2,829,000 | +17.6% | 55,000 | +10.0% | 3.51% | +14.4% |
| CNOB | Buy | CONNECTONE BANCORP INC | $2,701,000 | +21.4% | 90,000 | +5.9% | 3.35% | +18.1% |
| SIVB | Buy | SVB FINANCIAL GROUP | $2,264,000 | +103.4% | 3,500 | +75.0% | 2.81% | +97.9% |
| CCB | New | COASTAL FINL CORP WA | $2,127,000 | – | 66,753 | – | 2.64% | – |
| RBB | Buy | RBB BANCORP | $1,250,000 | +29.0% | 49,593 | +24.0% | 1.55% | +25.6% |
| PNFP | New | PINNACLE FINL PARTNERS INC | $941,000 | – | 10,000 | – | 1.17% | – |
| MYFW | New | FIRST WESTN FINL INC | $629,000 | – | 21,818 | – | 0.78% | – |
| KEY | New | KEYCORP | $270,000 | – | 12,500 | – | 0.34% | – |
| BWB | New | BRIDGEWATER BANCSHARES INC | $175,000 | – | 10,000 | – | 0.22% | – |
| C | Exit | CITIGROUP INC | $0 | – | -10,000 | – | -0.90% | – |
| SYBT | Exit | STOCK YDS BANCORP INC | $0 | – | -40,000 | – | -2.60% | – |
Q2 2021
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | New | CURO GROUP HOLDINGS CORP | $11,084,000 | – | 652,020 | – | 14.13% | – |
| MVBF | New | MVB FINL CORP | $8,179,000 | – | 191,733 | – | 10.43% | – |
| TBBK | New | BANCORP INC DEL | $7,503,000 | – | 326,074 | – | 9.57% | – |
| ENVA | New | ENOVA INTL INC | $6,739,000 | – | 197,000 | – | 8.59% | – |
| ALLY | New | ALLY FINL INC | $6,175,000 | – | 123,900 | – | 7.87% | – |
| OMF | New | ONEMAIN HLDGS INC | $6,110,000 | – | 101,989 | – | 7.79% | – |
| COF | New | CAPITAL ONE FINL CORP | $3,592,000 | – | 23,219 | – | 4.58% | – |
| TBK | New | TRIUMPH BANCORP INC | $3,546,000 | – | 47,752 | – | 4.52% | – |
| VBTX | New | VERITEX HLDGS INC | $3,300,000 | – | 93,178 | – | 4.21% | – |
| CASH | New | META FINL GROUP INC | $3,080,000 | – | 60,837 | – | 3.93% | – |
| RM | New | REGIONAL MGMT CORP | $2,922,000 | – | 62,789 | – | 3.73% | – |
| ECPG | New | ENCORE CAP GROUP INC | $2,907,000 | – | 61,342 | – | 3.71% | – |
| QCRH | New | QCR HOLDINGS INC | $2,405,000 | – | 50,000 | – | 3.07% | – |
| CNOB | New | CONNECTONE BANCORP INC | $2,224,000 | – | 85,000 | – | 2.84% | – |
| SYBT | New | STOCK YDS BANCORP INC | $2,036,000 | – | 40,000 | – | 2.60% | – |
| COIN | New | COINBASE GLOBAL INC | $2,026,000 | – | 8,000 | – | 2.58% | – |
| IIIV | New | I3 VERTICALS INC | $1,813,000 | – | 60,000 | – | 2.31% | – |
| SIVB | New | SVB FINANCIAL GROUP | $1,113,000 | – | 2,000 | – | 1.42% | – |
| RBB | New | RBB BANCORP | $969,000 | – | 40,000 | – | 1.24% | – |
| C | New | CITIGROUP INC | $708,000 | – | 10,000 | – | 0.90% | – |
Q4 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| INBK | Exit | FIRST INTERNET BANCORP | $0 | – | -13,500 | – | -0.77% | – |
| TBK | Exit | TRIUMPH BANCORP INC | $0 | – | -16,000 | – | -1.94% | – |
| PNFP | Exit | PINNACLE FINL PARTNERS INC | $0 | – | -15,000 | – | -2.08% | – |
| OMF | Exit | ONEMAIN HLDGS INC | $0 | – | -21,489 | – | -2.61% | – |
| EQBK | Exit | EQUITY BANCSHARES INC | $0 | – | -61,000 | – | -3.67% | – |
| OCFC | Exit | OCEANFIRST FINL CORP | $0 | – | -119,000 | – | -6.33% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -108,137 | – | -7.00% | – |
| ECPG | Exit | ENCORE CAP GROUP INC | $0 | – | -60,142 | – | -9.02% | – |
| ALLY | Exit | ALLY FINL INC | $0 | – | -115,900 | – | -11.29% | – |
| MVBF | Exit | MVB FINL CORP | $0 | – | -209,256 | – | -12.98% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -410,074 | – | -13.77% | – |
| TSC | Exit | TRISTATE CAP HLDGS INC | $0 | – | -269,098 | – | -13.84% | – |
| CURO | Exit | CURO GROUP HOLDINGS CORP | $0 | – | -536,693 | – | -14.70% | – |
Q3 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | Buy | CURO GROUP HOLDINGS CORP | $3,784,000 | +1.2% | 536,693 | +17.3% | 14.70% | -19.5% |
| TSC | Buy | TRISTATE CAP HLDGS INC | $3,563,000 | +34.9% | 269,098 | +60.1% | 13.84% | +7.3% |
| TBBK | Buy | BANCORP INC DEL | $3,543,000 | +1.5% | 410,074 | +15.1% | 13.77% | -19.3% |
| MVBF | Buy | MVB FINL CORP | $3,342,000 | +27.7% | 209,256 | +6.4% | 12.98% | +1.5% |
| ALLY | Buy | ALLY FINL INC | $2,906,000 | +45.2% | 115,900 | +14.9% | 11.29% | +15.5% |
| ECPG | Sell | ENCORE CAP GROUP INC | $2,321,000 | +8.2% | 60,142 | -4.1% | 9.02% | -14.0% |
| RM | Buy | REGIONAL MGMT CORP | $1,802,000 | +22.6% | 108,137 | +30.3% | 7.00% | -2.5% |
| OCFC | Buy | OCEANFIRST FINL CORP | $1,629,000 | +105.4% | 119,000 | +164.4% | 6.33% | +63.3% |
| EQBK | New | EQUITY BANCSHARES INC | $945,000 | – | 61,000 | – | 3.67% | – |
| OMF | New | ONEMAIN HLDGS INC | $671,000 | – | 21,489 | – | 2.61% | – |
| PNFP | New | PINNACLE FINL PARTNERS INC | $534,000 | – | 15,000 | – | 2.08% | – |
| TBK | New | TRIUMPH BANCORP INC | $498,000 | – | 16,000 | – | 1.94% | – |
| INBK | Sell | FIRST INTERNET BANCORP | $199,000 | -64.3% | 13,500 | -59.7% | 0.77% | -71.6% |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -3,400 | – | -1.04% | – |
| FHN | Exit | FIRST HORIZON NATL CORP | $0 | – | -80,000 | – | -3.90% | – |
Q2 2020
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | New | CURO GROUP HOLDINGS CORP | $3,739,000 | – | 457,693 | – | 18.27% | – |
| TBBK | New | BANCORP INC DEL | $3,491,000 | – | 356,274 | – | 17.06% | – |
| TSC | New | TRISTATE CAP HLDGS INC | $2,641,000 | – | 168,098 | – | 12.91% | – |
| MVBF | New | MVB FINL CORP | $2,617,000 | – | 196,756 | – | 12.79% | – |
| ECPG | New | ENCORE CAP GROUP INC | $2,145,000 | – | 62,742 | – | 10.48% | – |
| ALLY | New | ALLY FINL INC | $2,001,000 | – | 100,900 | – | 9.78% | – |
| RM | New | REGIONAL MGMT CORP | $1,470,000 | – | 83,000 | – | 7.18% | – |
| FHN | New | FIRST HORIZON NATL CORP | $797,000 | – | 80,000 | – | 3.90% | – |
| OCFC | New | OCEANFIRST FINL CORP | $793,000 | – | 45,000 | – | 3.88% | – |
| INBK | New | FIRST INTERNET BK IND | $557,000 | – | 33,500 | – | 2.72% | – |
| COF | New | CAPITAL ONE FINL CORP | $213,000 | – | 3,400 | – | 1.04% | – |
Q4 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| OFG | Exit | OFG BANCORP | $0 | – | -10,000 | – | -0.13% | – |
| TREE | Exit | LENDINGTREE INC NEW | $0 | – | -3,000 | – | -0.57% | – |
| OCFC | Exit | OCEANFIRST FINL CORP | $0 | – | -75,000 | – | -1.08% | – |
| MVBF | Exit | MVB FINANCIAL CORP | $0 | – | -106,645 | – | -1.30% | – |
| WLH | Exit | LYON WILLIAM HOMEScl a new | $0 | – | -172,604 | – | -2.15% | – |
| BAC | Exit | BANK AMER CORP | $0 | – | -132,000 | – | -2.36% | – |
| PACW | Exit | PACWEST BANCORP DEL | $0 | – | -110,000 | – | -2.44% | – |
| EGBN | Exit | EAGLE BANCORP INC MD | $0 | – | -90,000 | – | -2.46% | – |
| FBC | Exit | FLAGSTAR BANCORP INC | $0 | – | -137,335 | – | -3.14% | – |
| SCHW | Exit | THE CHARLES SCHWAB CORPORATI | $0 | – | -126,100 | – | -3.23% | – |
| STL | Exit | STERLING BANCORP DEL | $0 | – | -271,200 | – | -3.33% | – |
| C | Exit | CITIGROUP INC | $0 | – | -85,000 | – | -3.59% | – |
| BANC | Exit | BANC OF CALIFORNIA INC | $0 | – | -487,341 | – | -4.22% | – |
| NWHM | Exit | NEW HOME CO INC | $0 | – | -1,853,654 | – | -4.94% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -92,369 | – | -5.14% | – |
| OMF | Exit | ONEMAIN HLDGS INC | $0 | – | -265,643 | – | -5.96% | – |
| ALLY | Exit | ALLY FINL INC | $0 | – | -347,500 | – | -7.05% | – |
| TSC | Exit | TRISTATE CAP HLDGS INC | $0 | – | -618,753 | – | -7.96% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -1,450,661 | – | -8.78% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -456,809 | – | -9.11% | – |
| ECPG | Exit | ENCORE CAP GROUP INC | $0 | – | -496,712 | – | -10.13% | – |
| CURO | Exit | CURO GROUP HLDGS CORP | $0 | – | -1,345,806 | – | -10.93% | – |
Q3 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CURO | Sell | CURO GROUP HLDGS CORP | $17,872,000 | +17.2% | 1,345,806 | -2.5% | 10.93% | +4.4% |
| ECPG | Buy | ENCORE CAP GROUP INC | $16,553,000 | +7.0% | 496,712 | +8.8% | 10.13% | -4.7% |
| CASH | Sell | META FINL GROUP INC | $14,897,000 | -10.3% | 456,809 | -22.8% | 9.11% | -20.0% |
| TBBK | Sell | BANCORP INC DEL | $14,362,000 | -2.7% | 1,450,661 | -12.4% | 8.78% | -13.4% |
| TSC | Sell | TRISTATE CAP HLDGS INC | $13,019,000 | -4.3% | 618,753 | -2.9% | 7.96% | -14.7% |
| ALLY | Buy | ALLY FINL INC | $11,523,000 | +191.6% | 347,500 | +172.5% | 7.05% | +159.8% |
| OMF | Buy | ONEMAIN HLDGS INC | $9,744,000 | +17.3% | 265,643 | +8.1% | 5.96% | +4.5% |
| COF | Buy | CAPITAL ONE FINL CORP | $8,404,000 | +47.3% | 92,369 | +46.9% | 5.14% | +31.2% |
| NWHM | Buy | NEW HOME CO INC | $8,082,000 | +13.4% | 1,853,654 | +0.2% | 4.94% | +1.0% |
| BANC | Sell | BANC OF CALIFORNIA INC | $6,891,000 | -22.0% | 487,341 | -22.9% | 4.22% | -30.5% |
| C | Buy | CITIGROUP INC | $5,872,000 | +33.1% | 85,000 | +34.9% | 3.59% | +18.6% |
| SCHW | Buy | THE CHARLES SCHWAB CORPORATI | $5,275,000 | +133.9% | 126,100 | +124.8% | 3.23% | +108.5% |
| FBC | Sell | FLAGSTAR BANCORP INC | $5,129,000 | -23.5% | 137,335 | -32.1% | 3.14% | -31.9% |
| PACW | Buy | PACWEST BANCORP DEL | $3,997,000 | +2.9% | 110,000 | +10.0% | 2.44% | -8.3% |
| BAC | Buy | BANK AMER CORP | $3,850,000 | +503.4% | 132,000 | +500.0% | 2.36% | +437.7% |
| WLH | Sell | LYON WILLIAM HOMEScl a new | $3,514,000 | -22.2% | 172,604 | -30.3% | 2.15% | -30.6% |
| MVBF | Buy | MVB FINANCIAL CORP | $2,117,000 | +1152.7% | 106,645 | +966.4% | 1.30% | +1016.4% |
| OCFC | New | OCEANFIRST FINL CORP | $1,770,000 | – | 75,000 | – | 1.08% | – |
| TREE | New | LENDINGTREE INC NEW | $931,000 | – | 3,000 | – | 0.57% | – |
| OFG | Sell | OFG BANCORP | $219,000 | -84.6% | 10,000 | -83.3% | 0.13% | -86.3% |
| SBNY | Exit | SIGNATURE BK NEW YORK N Y | $0 | – | -11,500 | – | -0.95% | – |
Q2 2019
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CASH | New | META FINL GROUP INC | $16,600,000 | – | 591,809 | – | 11.40% | – |
| ECPG | New | ENCORE CAP GROUP INC | $15,469,000 | – | 456,712 | – | 10.62% | – |
| CURO | New | CURO GROUP HLDGS CORP | $15,252,000 | – | 1,380,241 | – | 10.47% | – |
| TBBK | New | BANCORP INC DEL | $14,768,000 | – | 1,655,661 | – | 10.14% | – |
| TSC | New | TRISTATE CAP HLDGS INC | $13,599,000 | – | 637,253 | – | 9.34% | – |
| BANC | New | BANC OF CALIFORNIA INC | $8,834,000 | – | 632,341 | – | 6.06% | – |
| OMF | New | ONEMAIN HLDGS INC | $8,305,000 | – | 245,643 | – | 5.70% | – |
| NWHM | New | NEW HOME CO INC | $7,126,000 | – | 1,850,809 | – | 4.89% | – |
| FBC | New | FLAGSTAR BANCORP INC | $6,705,000 | – | 202,335 | – | 4.60% | – |
| STL | New | STERLING BANCORP DEL | $5,771,000 | – | 271,200 | – | 3.96% | – |
| COF | New | CAPITAL ONE FINL CORP | $5,705,000 | – | 62,869 | – | 3.92% | – |
| EGBN | New | EAGLE BANCORP INC MD | $4,872,000 | – | 90,000 | – | 3.34% | – |
| WLH | New | LYON WILLIAM HOMEScl a new | $4,514,000 | – | 247,604 | – | 3.10% | – |
| C | New | CITIGROUP INC | $4,412,000 | – | 63,000 | – | 3.03% | – |
| ALLY | New | ALLY FINL INC | $3,951,000 | – | 127,500 | – | 2.71% | – |
| PACW | New | PACWEST BANCORP DEL | $3,883,000 | – | 100,000 | – | 2.67% | – |
| SCHW | New | THE CHARLES SCHWAB CORPORATI | $2,255,000 | – | 56,100 | – | 1.55% | – |
| OFG | New | OFG BANCORP | $1,426,000 | – | 60,000 | – | 0.98% | – |
| SBNY | New | SIGNATURE BK NEW YORK N Y | $1,390,000 | – | 11,500 | – | 0.95% | – |
| BAC | New | BANK AMER CORP | $638,000 | – | 22,000 | – | 0.44% | – |
| MVBF | New | MVB FINANCIAL CORP | $169,000 | – | 10,000 | – | 0.12% | – |
Q4 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FBC | Exit | FLAGSTAR BANCORP INC | $0 | – | -15,000 | – | -0.21% | – |
| LOB | Exit | LIVE OAK BANCSHARES INC | $0 | – | -41,200 | – | -0.48% | – |
| MFIN | Exit | MEDALLION FINL CORP | $0 | – | -263,413 | – | -0.76% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -236,752 | – | -1.85% | – |
| SBNY | Exit | SIGNATURE BK NEW YORK N Y | $0 | – | -40,000 | – | -2.01% | – |
| STL | Exit | STERLING BANCORP DEL | $0 | – | -282,200 | – | -2.71% | – |
| CPSS | Exit | CONSUMER PORTFOLIO SVCS INC | $0 | – | -2,065,474 | – | -3.34% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -90,900 | – | -3.77% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -381,158 | – | -4.80% | – |
| TRTN | Exit | TRITON INTL LTDcl a | $0 | – | -347,008 | – | -5.04% | – |
| OMF | Exit | ONEMAIN HLDGS INC | $0 | – | -439,703 | – | -6.45% | – |
| WLH | Exit | LYON WILLIAM HOMEScl a new | $0 | – | -939,326 | – | -6.52% | – |
| ECPG | Exit | ENCORE CAP GROUP INC | $0 | – | -440,000 | – | -6.89% | – |
| NWHM | Exit | NEW HOME CO INC | $0 | – | -2,064,059 | – | -7.26% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -1,918,377 | – | -8.03% | – |
| CURO | Exit | CURO GROUP HOLDINGS CORP | $0 | – | -621,582 | – | -8.20% | – |
| BANC | Exit | BANC OF CALIFORNIA INC | $0 | – | -1,050,000 | – | -8.66% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -291,977 | – | -10.54% | – |
| TSC | Exit | TRISTATE CAP HLDGS INC | $0 | – | -1,036,278 | – | -12.49% | – |
Q3 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TSC | Buy | TRISTATE CAP HLDGS INC | $28,601,000 | +7.8% | 1,036,278 | +2.0% | 12.49% | +22.3% |
| CASH | Sell | META FINL GROUP INC | $24,132,000 | -16.9% | 291,977 | -2.1% | 10.54% | -5.7% |
| BANC | Buy | BANC OF CALIFORNIA INC | $19,845,000 | -0.5% | 1,050,000 | +2.9% | 8.66% | +12.9% |
| CURO | Buy | CURO GROUP HOLDINGS CORP | $18,791,000 | +1058.5% | 621,582 | +856.3% | 8.20% | +1214.7% |
| TBBK | Sell | BANCORP INC DEL | $18,397,000 | -32.9% | 1,918,377 | -26.8% | 8.03% | -23.8% |
| NWHM | Buy | NEW HOME CO INC | $16,636,000 | -18.4% | 2,064,059 | +1.0% | 7.26% | -7.4% |
| ECPG | Buy | ENCORE CAP GROUP INC | $15,774,000 | +34.7% | 440,000 | +37.5% | 6.89% | +52.8% |
| WLH | Sell | LYON WILLIAM HOMEScl a new | $14,926,000 | -33.6% | 939,326 | -3.1% | 6.52% | -24.7% |
| OMF | Sell | ONEMAIN HLDGS INC | $14,778,000 | -36.6% | 439,703 | -37.2% | 6.45% | -28.1% |
| TRTN | Sell | TRITON INTL LTDcl a | $11,545,000 | -22.7% | 347,008 | -28.7% | 5.04% | -12.3% |
| RM | Sell | REGIONAL MGMT CORP | $10,989,000 | -47.8% | 381,158 | -36.5% | 4.80% | -40.7% |
| COF | Sell | CAPITAL ONE FINL CORP | $8,629,000 | -6.9% | 90,900 | -9.9% | 3.77% | +5.6% |
| CPSS | Sell | CONSUMER PORTFOLIO SVCS INC | $7,642,000 | -9.7% | 2,065,474 | -0.7% | 3.34% | +2.4% |
| STL | Buy | STERLING BANCORP DEL | $6,208,000 | +24.5% | 282,200 | +33.0% | 2.71% | +41.2% |
| SBNY | New | SIGNATURE BK NEW YORK N Y | $4,594,000 | – | 40,000 | – | 2.01% | – |
| ZIONW | Sell | ZIONS BANCORPORATION*w exp 05/22/202 | $4,238,000 | -21.7% | 236,752 | -11.2% | 1.85% | -11.2% |
| MFIN | Sell | MEDALLION FINL CORP | $1,752,000 | -40.2% | 263,413 | -50.8% | 0.76% | -32.2% |
| LOB | Sell | LIVE OAK BANCSHARES INC | $1,104,000 | -22.0% | 41,200 | -10.8% | 0.48% | -11.6% |
| FBC | New | FLAGSTAR BANCORP INC | $472,000 | – | 15,000 | – | 0.21% | – |
| BACWSA | Exit | BANK AMER CORP*w exp 01/16/201 | $0 | – | -551,523 | – | -3.46% | – |
Q2 2018
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CASH | New | META FINL GROUP INC | $29,038,000 | – | 298,132 | – | 11.17% | – |
| TBBK | New | BANCORP INC DEL | $27,399,000 | – | 2,619,450 | – | 10.54% | – |
| TSC | New | TRISTATE CAP HLDGS INC | $26,525,000 | – | 1,016,278 | – | 10.21% | – |
| OMF | New | ONEMAIN HLDGS INC | $23,316,000 | – | 700,403 | – | 8.97% | – |
| WLH | New | LYON WILLIAM HOMES | $22,488,000 | – | 969,326 | – | 8.65% | – |
| RM | New | REGIONAL MGMT CORP | $21,032,000 | – | 600,558 | – | 8.09% | – |
| NWHM | New | NEW HOME CO INC | $20,379,000 | – | 2,044,059 | – | 7.84% | – |
| BANC | New | BANC OF CALIFORNIA INC | $19,941,000 | – | 1,020,000 | – | 7.67% | – |
| TRTN | New | TRITON INTL LTD | $14,932,000 | – | 487,008 | – | 5.75% | – |
| ECPG | New | ENCORE CAP GROUP INC | $11,712,000 | – | 320,000 | – | 4.51% | – |
| COF | New | CAPITAL ONE FINL CORP | $9,273,000 | – | 100,900 | – | 3.57% | – |
| BACWSA | New | BANK AMER CORP*w exp 01/16/201 | $9,001,000 | – | 551,523 | – | 3.46% | – |
| CPSS | New | CONSUMER PORTFOLIO SVCS INC | $8,467,000 | – | 2,080,474 | – | 3.26% | – |
| ZIONW | New | ZIONS BANCORPORATION*w exp 05/22/202 | $5,415,000 | – | 266,752 | – | 2.08% | – |
| STL | New | STERLING BANCORP DEL | $4,988,000 | – | 212,200 | – | 1.92% | – |
| MFIN | New | MEDALLION FINL CORP | $2,932,000 | – | 535,000 | – | 1.13% | – |
| CURO | New | CURO GROUP HOLDINGS CORP | $1,622,000 | – | 65,000 | – | 0.62% | – |
| LOB | New | LIVE OAK BANCSHARES INC | $1,416,000 | – | 46,200 | – | 0.54% | – |
Q4 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FFWM | Exit | FIRST FOUNDATION INC | $0 | – | -10,000 | – | -0.07% | – |
| OPB | Exit | OPUS BANK | $0 | – | -10,000 | – | -0.10% | – |
| ALRS | Exit | ALERUS FINANCIAL CORP | $0 | – | -15,241 | – | -0.12% | – |
| PYPL | Exit | PAYPAL HOLDINGS INC | $0 | – | -5,000 | – | -0.13% | – |
| BACWSB | Exit | BANK OF AMERICA CORPORATION*w exp 10/28/201 | $0 | – | -441,000 | – | -0.14% | – |
| BANC | Exit | BANC OF CALIFORNIA INC | $0 | – | -35,000 | – | -0.29% | – |
| BAC | Exit | BANK OF AMERICA CORPORATION | $0 | – | -40,000 | – | -0.41% | – |
| C | Exit | CITIGROUP INC | $0 | – | -15,000 | – | -0.44% | – |
| LOB | Exit | LIVE OAK BANCSHARES INC | $0 | – | -55,000 | – | -0.52% | – |
| SCHW | Exit | CHARLES SCHWAB CORP | $0 | – | -35,667 | – | -0.62% | – |
| TRTN | Exit | TRITON INTERNATIONAL LTD/BER | $0 | – | -48,008 | – | -0.64% | – |
| QCRH | Exit | QCR HOLDINGS INC | $0 | – | -74,136 | – | -1.35% | – |
| FUNC | Exit | FIRST UTD CORP | $0 | – | -228,882 | – | -1.53% | – |
| FACO | Exit | FIRST ACCEPTANCE CORP | $0 | – | -4,100,754 | – | -1.76% | – |
| COF | Exit | CAPITAL ONE FINANCIAL CORP | $0 | – | -82,350 | – | -2.80% | – |
| CPSS | Exit | CONSUMER PORTFOLIO SVCS INC | $0 | – | -2,249,884 | – | -4.11% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -706,652 | – | -4.30% | – |
| BACWSA | Exit | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $0 | – | -866,144 | – | -4.60% | – |
| ECPG | Exit | ENCORE CAPITAL GROUP INC | $0 | – | -305,000 | – | -5.42% | – |
| WLH | Exit | WILLIAM LYON HOMES - CL A | $0 | – | -665,500 | – | -6.13% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -633,034 | – | -6.14% | – |
| NEWS | Exit | NEWSTAR FINANCIAL INC | $0 | – | -1,345,349 | – | -6.33% | – |
| OMF | Exit | ONEMAIN HOLDINGS INC | $0 | – | -633,953 | – | -7.16% | – |
| NWHM | Exit | NEW HOME CO INC / THE | $0 | – | -1,994,059 | – | -8.92% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -3,339,770 | – | -11.07% | – |
| TSC | Exit | TRISTATE CAPITAL HOLDINGS INC | $0 | – | -1,258,322 | – | -11.55% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -424,132 | – | -13.33% | – |
Q3 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CASH | Buy | META FINL GROUP INC | $33,252,000 | +21.0% | 424,132 | +37.4% | 13.33% | +35.5% |
| TSC | Sell | TRISTATE CAPITAL HOLDINGS INC | $28,815,000 | -17.9% | 1,258,322 | -9.7% | 11.55% | -8.1% |
| TBBK | Sell | BANCORP INC DEL | $27,620,000 | +1.3% | 3,339,770 | -7.1% | 11.07% | +13.4% |
| NWHM | Buy | NEW HOME CO INC / THE | $22,254,000 | +3.4% | 1,994,059 | +6.3% | 8.92% | +15.8% |
| OMF | Sell | ONEMAIN HOLDINGS INC | $17,871,000 | -13.0% | 633,953 | -24.1% | 7.16% | -2.6% |
| NEWS | Sell | NEWSTAR FINANCIAL INC | $15,794,000 | +7.6% | 1,345,349 | -3.8% | 6.33% | +20.4% |
| RM | Buy | REGIONAL MGMT CORP | $15,326,000 | +71.6% | 633,034 | +67.5% | 6.14% | +92.0% |
| WLH | Sell | WILLIAM LYON HOMES - CL A | $15,300,000 | -18.5% | 665,500 | -14.4% | 6.13% | -8.8% |
| ECPG | Sell | ENCORE CAPITAL GROUP INC | $13,511,000 | -19.9% | 305,000 | -27.4% | 5.42% | -10.3% |
| BACWSA | Sell | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $11,468,000 | -37.2% | 866,144 | -42.9% | 4.60% | -29.7% |
| ZIONW | Sell | ZIONS BANCORPORATION*w exp 05/22/202 | $10,727,000 | +1.4% | 706,652 | -14.0% | 4.30% | +13.5% |
| CPSS | Sell | CONSUMER PORTFOLIO SVCS INC | $10,259,000 | -1.1% | 2,249,884 | -1.3% | 4.11% | +10.7% |
| COF | Sell | CAPITAL ONE FINANCIAL CORP | $6,972,000 | -47.6% | 82,350 | -48.9% | 2.80% | -41.4% |
| FUNC | Sell | FIRST UTD CORP | $3,811,000 | +9.4% | 228,882 | -2.1% | 1.53% | +22.4% |
| QCRH | Sell | QCR HOLDINGS INC | $3,373,000 | -28.2% | 74,136 | -25.2% | 1.35% | -19.7% |
| TRTN | Sell | TRITON INTERNATIONAL LTD/BER | $1,598,000 | -86.9% | 48,008 | -86.8% | 0.64% | -85.3% |
| SCHW | Sell | CHARLES SCHWAB CORP | $1,560,000 | -76.3% | 35,667 | -76.7% | 0.62% | -73.4% |
| LOB | Buy | LIVE OAK BANCSHARES INC | $1,290,000 | +166.5% | 55,000 | +175.0% | 0.52% | +198.8% |
| BANC | New | BANC OF CALIFORNIA INC | $726,000 | – | 35,000 | – | 0.29% | – |
| PYPL | New | PAYPAL HOLDINGS INC | $320,000 | – | 5,000 | – | 0.13% | – |
| AMG | Exit | AFFILIATED MANAGERS GROUP | $0 | – | -2,666 | – | -0.16% | – |
Q2 2017
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TSC | New | TRISTATE CAP HLDGS INC | $35,112,000 | – | 1,393,322 | – | 12.58% | – |
| CASH | New | META FINL GROUP INC | $27,477,000 | – | 308,732 | – | 9.84% | – |
| TBBK | New | BANCORP INC DEL | $27,264,000 | – | 3,596,770 | – | 9.76% | – |
| NWHM | New | NEW HOME CO INC | $21,518,000 | – | 1,876,059 | – | 7.71% | – |
| OMF | New | ONEMAIN HLDGS INC | $20,532,000 | – | 834,953 | – | 7.35% | – |
| WLH | New | LYON WILLIAM HOMES | $18,769,000 | – | 777,500 | – | 6.72% | – |
| BACWSA | New | BANK AMER CORP*w exp 01/16/201 | $18,254,000 | – | 1,516,144 | – | 6.54% | – |
| ECPG | New | ENCORE CAP GROUP INC | $16,863,000 | – | 420,000 | – | 6.04% | – |
| NEWS | New | NEWSTAR FINANCIAL INC | $14,684,000 | – | 1,398,449 | – | 5.26% | – |
| COF | New | CAPITAL ONE FINL CORP | $13,306,000 | – | 161,051 | – | 4.77% | – |
| TRTN | New | TRITON INTL LTD | $12,159,000 | – | 363,612 | – | 4.36% | – |
| ZIONW | New | ZIONS BANCORPORATION*w exp 05/22/202 | $10,575,000 | – | 821,652 | – | 3.79% | – |
| CPSS | New | CONSUMER PORTFOLIO SVCS INC | $10,374,000 | – | 2,279,884 | – | 3.72% | – |
| RM | New | REGIONAL MGMT CORP | $8,933,000 | – | 378,034 | – | 3.20% | – |
| SCHW | New | SCHWAB CHARLES CORP NEW | $6,570,000 | – | 152,921 | – | 2.35% | – |
| QCRH | New | QCR HOLDINGS INC | $4,699,000 | – | 99,136 | – | 1.68% | – |
| FACO | New | FIRST ACCEPTANCE CORP | $4,675,000 | – | 4,100,754 | – | 1.67% | – |
| FUNC | New | FIRST UTD CORP | $3,485,000 | – | 233,882 | – | 1.25% | – |
| C | New | CITIGROUP INC | $1,003,000 | – | 15,000 | – | 0.36% | – |
| BAC | New | BANK AMER CORP | $970,000 | – | 40,000 | – | 0.35% | – |
| LOB | New | LIVE OAK BANCSHARES INC | $484,000 | – | 20,000 | – | 0.17% | – |
| AMG | New | AFFILIATED MANAGERS GROUP | $442,000 | – | 2,666 | – | 0.16% | – |
| BACWSB | New | BANK AMER CORP*w exp 10/28/201 | $348,000 | – | 441,000 | – | 0.12% | – |
| ALRS | New | ALERUS FINANCIAL CORP | $292,000 | – | 15,241 | – | 0.10% | – |
| OPB | New | OPUS BK IRVINE CALIF | $242,000 | – | 10,000 | – | 0.09% | – |
| FFWM | New | FIRST FNDTN INC | $164,000 | – | 10,000 | – | 0.06% | – |
Q4 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BACWSB | Exit | BANK AMER CORP*w exp 10/28/201 | $0 | – | -741,000 | – | -0.04% | – |
| OCFC | Exit | OCEANFIRST FINL CORP | $0 | – | -11,735 | – | -0.13% | – |
| ALRS | Exit | ALERUS FINANCIAL CORP | $0 | – | -15,241 | – | -0.15% | – |
| AMG | Exit | AFFILIATED MANAGERS GROUP | $0 | – | -2,000 | – | -0.17% | – |
| FUNC | Exit | FIRST UTD CORP | $0 | – | -133,614 | – | -0.95% | – |
| COF | Exit | CAPITAL ONE FINL CORP | $0 | – | -39,500 | – | -1.62% | – |
| QCRH | Exit | QCR HOLDINGS INC | $0 | – | -94,171 | – | -1.71% | – |
| FACO | Exit | FIRST ACCEPTANCE CORP | $0 | – | -4,105,754 | – | -2.37% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -1,142,543 | – | -2.65% | – |
| OMF | Exit | ONEMAIN HLDGS INC | $0 | – | -188,104 | – | -3.33% | – |
| SGM | Exit | STONEGATE MTG CORP | $0 | – | -2,113,711 | – | -5.54% | – |
| CPSS | Exit | CONSUMER PORTFOLIO SVCS INC | $0 | – | -2,341,384 | – | -6.15% | – |
| WLH | Exit | LYON WILLIAM HOMES | $0 | – | -609,200 | – | -6.47% | – |
| BACWSA | Exit | BANK AMER CORP*w exp 01/16/201 | $0 | – | -3,135,144 | – | -8.29% | – |
| NWHM | Exit | NEW HOME CO INC | $0 | – | -1,438,259 | – | -8.78% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -2,403,468 | – | -8.83% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -258,732 | – | -8.97% | – |
| NEWS | Exit | NEWSTAR FINANCIAL INC | $0 | – | -1,687,188 | – | -9.37% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -950,623 | – | -11.78% | – |
| TSC | Exit | TRISTATE CAP HLDGS INC | $0 | – | -1,375,015 | – | -12.71% | – |
Q3 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TSC | Buy | TRISTATE CAP HLDGS INC | $22,206,000 | +21.6% | 1,375,015 | +3.3% | 12.71% | -10.1% |
| RM | Sell | REGIONAL MGMT CORP | $20,581,000 | +39.1% | 950,623 | -5.8% | 11.78% | +2.9% |
| NEWS | Buy | NEWSTAR FINANCIAL INC | $16,383,000 | +16.2% | 1,687,188 | +0.7% | 9.37% | -14.1% |
| CASH | Buy | META FINL GROUP INC | $15,682,000 | +27.8% | 258,732 | +7.4% | 8.97% | -5.5% |
| TBBK | Buy | BANCORP INC DEL | $15,430,000 | +21.2% | 2,403,468 | +13.7% | 8.83% | -10.3% |
| NWHM | Buy | NEW HOME CO INC | $15,346,000 | +28.5% | 1,438,259 | +14.9% | 8.78% | -4.9% |
| BACWSA | Buy | BANK AMER CORP*w exp 01/16/201 | $14,484,000 | +68.1% | 3,135,144 | +26.6% | 8.29% | +24.4% |
| WLH | Buy | LYON WILLIAM HOMES | $11,301,000 | +33.7% | 609,200 | +16.2% | 6.47% | -1.1% |
| CPSS | Sell | CONSUMER PORTFOLIO SVCS INC | $10,747,000 | +20.5% | 2,341,384 | -1.1% | 6.15% | -10.9% |
| SGM | Buy | STONEGATE MTG CORP | $9,681,000 | +39.9% | 2,113,711 | +2.7% | 5.54% | +3.5% |
| OMF | New | ONEMAIN HLDGS INC | $5,822,000 | – | 188,104 | – | 3.33% | – |
| ZIONW | Buy | ZIONS BANCORPORATION*w exp 05/22/202 | $4,627,000 | +88.8% | 1,142,543 | +0.7% | 2.65% | +39.7% |
| QCRH | Buy | QCR HOLDINGS INC | $2,989,000 | +35.4% | 94,171 | +16.0% | 1.71% | +0.2% |
| COF | New | CAPITAL ONE FINL CORP | $2,837,000 | – | 39,500 | – | 1.62% | – |
| FUNC | Buy | FIRST UTD CORP | $1,654,000 | +29.7% | 133,614 | +3.1% | 0.95% | -4.1% |
| ALRS | Buy | ALERUS FINANCIAL CORP | $260,000 | -1.9% | 15,241 | +1.3% | 0.15% | -27.3% |
| OCFC | New | OCEANFIRST FINL CORP | $226,000 | – | 11,735 | – | 0.13% | – |
Q2 2016
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| TSC | New | TRISTATE CAP HLDGS INC | $18,268,000 | – | 1,330,512 | – | 14.13% | – |
| RM | New | REGIONAL MGMT CORP | $14,795,000 | – | 1,009,218 | – | 11.44% | – |
| NEWS | New | NEWSTAR FINANCIAL INC | $14,104,000 | – | 1,675,062 | – | 10.91% | – |
| TBBK | New | BANCORP INC DEL | $12,728,000 | – | 2,114,381 | – | 9.84% | – |
| CASH | New | META FINL GROUP INC | $12,272,000 | – | 240,810 | – | 9.49% | – |
| NWHM | New | NEW HOME CO INC | $11,938,000 | – | 1,251,381 | – | 9.23% | – |
| CPSS | New | CONSUMER PORTFOLIO SVCS INC | $8,921,000 | – | 2,366,384 | – | 6.90% | – |
| BACWSA | New | BANK AMER CORP*w exp 01/16/201 | $8,616,000 | – | 2,475,822 | – | 6.66% | – |
| WLH | New | LYON WILLIAM HOMES | $8,450,000 | – | 524,200 | – | 6.54% | – |
| SGM | New | STONEGATE MTG CORP | $6,918,000 | – | 2,058,911 | – | 5.35% | – |
| FACO | New | FIRST ACCEPTANCE CORP | $5,748,000 | – | 4,105,754 | – | 4.45% | – |
| ZIONW | New | ZIONS BANCORPORATION*w exp 05/22/202 | $2,451,000 | – | 1,134,539 | – | 1.90% | – |
| QCRH | New | QCR HOLDINGS INC | $2,207,000 | – | 81,171 | – | 1.71% | – |
| FUNC | New | FIRST UTD CORP | $1,275,000 | – | 129,614 | – | 0.99% | – |
| AMG | New | AFFILIATED MANAGERS GROUP | $282,000 | – | 2,000 | – | 0.22% | – |
| ALRS | New | ALERUS FINANCIAL CORP | $265,000 | – | 15,041 | – | 0.20% | – |
| BACWSB | New | BANK AMER CORP*w exp 10/28/201 | $58,000 | – | 741,000 | – | 0.04% | – |
Q4 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| BACWSB | Exit | BANK AMER CORP*w exp 10/28/201 | $0 | – | -741,000 | – | -0.09% | – |
| ALRS | Exit | ALERUS FINANCIAL CORP | $0 | – | -13,041 | – | -0.12% | – |
| C | Exit | CITIGROUP INC | $0 | – | -8,000 | – | -0.18% | – |
| FFWM | Exit | FIRST FNDTN INC | $0 | – | -83,728 | – | -0.86% | – |
| FUNC | Exit | FIRST UTD CORP | $0 | – | -282,086 | – | -1.04% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -763,425 | – | -1.24% | – |
| QCRH | Exit | QCR HOLDINGS INC | $0 | – | -144,632 | – | -1.43% | – |
| FMD | Exit | FIRST MARBLEHEAD CORP | $0 | – | -1,147,161 | – | -1.78% | – |
| BZH | Exit | BEAZER HOMES USA INC | $0 | – | -410,586 | – | -2.47% | – |
| OFG | Exit | OFG BANCORP | $0 | – | -936,600 | – | -3.69% | – |
| WLH | Exit | LYON WILLIAM HOMEScl a new | $0 | – | -466,603 | – | -4.33% | – |
| FACO | Exit | FIRST ACCEPTANCE CORP | $0 | – | -4,082,757 | – | -4.95% | – |
| SGM | Exit | STONEGATE MTG CORP | $0 | – | -1,726,265 | – | -5.53% | – |
| CPSS | Exit | CONSUMER PORTFOLIO SVCS INC | $0 | – | -2,515,963 | – | -5.65% | – |
| SFBS | Exit | SERVISFIRST BANCSHARES INC | $0 | – | -354,580 | – | -6.64% | – |
| TSC | Exit | TRISTATE CAP HLDGS INC | $0 | – | -1,352,397 | – | -7.60% | – |
| BACWSA | Exit | BANK AMER CORP*w exp 01/16/201 | $0 | – | -3,033,343 | – | -7.84% | – |
| NWHM | Exit | NEW HOME CO INC | $0 | – | -1,388,001 | – | -8.10% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -2,412,703 | – | -8.29% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -1,188,411 | – | -8.30% | – |
| NEWS | Exit | NEWSTAR FINANCIAL INC | $0 | – | -2,514,734 | – | -9.30% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -560,794 | – | -10.56% | – |
Q3 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CASH | Sell | META FINL GROUP INC | $23,424,000 | -6.3% | 560,794 | -3.8% | 10.56% | +19.0% |
| NEWS | Buy | NEWSTAR FINANCIAL INC | $20,621,000 | -18.4% | 2,514,734 | +9.4% | 9.30% | +3.6% |
| RM | Sell | REGIONAL MGMT CORP | $18,420,000 | -19.3% | 1,188,411 | -7.0% | 8.30% | +2.5% |
| TBBK | Sell | BANCORP INC DEL | $18,385,000 | -18.1% | 2,412,703 | -0.3% | 8.29% | +4.0% |
| NWHM | Buy | NEW HOME CO INC | $17,975,000 | -9.5% | 1,388,001 | +20.4% | 8.10% | +15.0% |
| BACWSA | Buy | BANK AMER CORP*w exp 01/16/201 | $17,381,000 | -5.0% | 3,033,343 | +2.3% | 7.84% | +20.7% |
| TSC | Buy | TRISTATE CAP HLDGS INC | $16,864,000 | +16.6% | 1,352,397 | +20.9% | 7.60% | +48.1% |
| SFBS | Sell | SERVISFIRST BANCSHARES INC | $14,726,000 | -5.0% | 354,580 | -14.1% | 6.64% | +20.7% |
| CPSS | Buy | CONSUMER PORTFOLIO SVCS INC | $12,530,000 | -17.4% | 2,515,963 | +3.7% | 5.65% | +5.0% |
| SGM | Buy | STONEGATE MTG CORP | $12,274,000 | -5.8% | 1,726,265 | +33.3% | 5.53% | +19.7% |
| FACO | Buy | FIRST ACCEPTANCE CORP | $10,983,000 | -6.5% | 4,082,757 | +11.3% | 4.95% | +18.8% |
| WLH | Sell | LYON WILLIAM HOMEScl a new | $9,612,000 | -53.1% | 466,603 | -41.6% | 4.33% | -40.4% |
| OFG | Buy | OFG BANCORP | $8,177,000 | +0.2% | 936,600 | +22.5% | 3.69% | +27.4% |
| BZH | Sell | BEAZER HOMES USA INC | $5,473,000 | -57.8% | 410,586 | -36.9% | 2.47% | -46.4% |
| QCRH | Buy | QCR HOLDINGS INC | $3,163,000 | +64.0% | 144,632 | +63.2% | 1.43% | +108.5% |
| ZIONW | Buy | ZIONS BANCORPORATION*w exp 05/22/202 | $2,748,000 | -33.1% | 763,425 | +0.4% | 1.24% | -15.0% |
| FFWM | New | FIRST FNDTN INC | $1,906,000 | – | 83,728 | – | 0.86% | – |
| C | Sell | CITIGROUP INC | $397,000 | -52.1% | 8,000 | -46.7% | 0.18% | -39.1% |
| ALRS | New | ALERUS FINANCIAL CORP | $264,000 | – | 13,041 | – | 0.12% | – |
| SIVB | Exit | SVB FINL GROUP | $0 | – | -2,588 | – | -0.13% | – |
| RATE | Exit | BANKRATE INC DEL | $0 | – | -45,000 | – | -0.17% | – |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -10,000 | – | -0.24% | – |
| GNW | Exit | GENWORTH FINL INC | $0 | – | -150,000 | – | -0.40% | – |
| RESI | Exit | ALTISOURCE RESIDENTIAL CORPcl b | $0 | – | -165,311 | – | -0.99% | – |
| TREE | Exit | LENDINGTREE INC NEW | $0 | – | -188,304 | – | -5.25% | – |
Q2 2015
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWS | New | NEWSTAR FINANCIAL INC | $25,286,000 | – | 2,298,734 | – | 8.97% | – |
| CASH | New | META FINL GROUP INC | $25,009,000 | – | 582,680 | – | 8.87% | – |
| RM | New | REGIONAL MGMT CORP | $22,830,000 | – | 1,278,272 | – | 8.10% | – |
| TBBK | New | BANCORP INC DEL | $22,455,000 | – | 2,419,703 | – | 7.97% | – |
| WLH | New | LYON WILLIAM HOMEScl a new | $20,510,000 | – | 799,003 | – | 7.28% | – |
| NWHM | New | NEW HOME CO INC | $19,855,000 | – | 1,152,362 | – | 7.04% | – |
| BACWSA | New | BANK AMER CORP*w exp 01/16/201 | $18,296,000 | – | 2,965,343 | – | 6.49% | – |
| SFBS | New | SERVISFIRST BANCSHARES INC | $15,508,000 | – | 412,780 | – | 5.50% | – |
| CPSS | New | CONSUMER PORTFOLIO SVCS INC | $15,162,000 | – | 2,425,963 | – | 5.38% | – |
| TREE | New | LENDINGTREE INC NEW | $14,803,000 | – | 188,304 | – | 5.25% | – |
| TSC | New | TRISTATE CAP HLDGS INC | $14,469,000 | – | 1,118,997 | – | 5.13% | – |
| SGM | New | STONEGATE MTG CORP | $13,036,000 | – | 1,294,549 | – | 4.62% | – |
| BZH | New | BEAZER HOMES USA INC | $12,979,000 | – | 650,586 | – | 4.60% | – |
| FACO | New | FIRST ACCEPTANCE CORP | $11,743,000 | – | 3,669,757 | – | 4.17% | – |
| OFG | New | OFG BANCORP | $8,158,000 | – | 764,600 | – | 2.90% | – |
| FMD | New | FIRST MARBLEHEAD CORP | $6,608,000 | – | 1,147,161 | – | 2.34% | – |
| ZIONW | New | ZIONS BANCORPORATION*w exp 05/22/202 | $4,105,000 | – | 760,225 | – | 1.46% | – |
| RESI | New | ALTISOURCE RESIDENTIAL CORPcl b | $2,785,000 | – | 165,311 | – | 0.99% | – |
| FUNC | New | FIRST UTD CORP | $2,443,000 | – | 282,086 | – | 0.87% | – |
| QCRH | New | QCR HOLDINGS INC | $1,929,000 | – | 88,632 | – | 0.68% | – |
| GNW | New | GENWORTH FINL INC | $1,135,000 | – | 150,000 | – | 0.40% | – |
| C | New | CITIGROUP INC | $829,000 | – | 15,000 | – | 0.29% | – |
| JPM | New | JPMORGAN CHASE & CO | $678,000 | – | 10,000 | – | 0.24% | – |
| RATE | New | BANKRATE INC DEL | $472,000 | – | 45,000 | – | 0.17% | – |
| BACWSB | New | BANK AMER CORP*w exp 10/28/201 | $382,000 | – | 741,000 | – | 0.14% | – |
| SIVB | New | SVB FINL GROUP | $373,000 | – | 2,588 | – | 0.13% | – |
Q4 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FSGI | Exit | FIRST SEC GROUP INC | $0 | – | -97,253 | – | -0.07% | – |
| C | Exit | CITIGROUP INC | $0 | – | -5,000 | – | -0.10% | – |
| BAC | Exit | BANK OF AMERICA CORPORATION | $0 | – | -20,000 | – | -0.12% | – |
| HTH | Exit | HILLTOP HOLDINGS INC | $0 | – | -30,000 | – | -0.22% | – |
| BACWSB | Exit | BANK OF AMERICA CORPORATION*w exp 10/28/201 | $0 | – | -741,000 | – | -0.26% | – |
| FUNC | Exit | FIRST UTD CORP | $0 | – | -281,086 | – | -0.82% | – |
| FMD | Exit | FIRST MARBLEHEAD CORP | $0 | – | -1,138,161 | – | -1.19% | – |
| SFBS | Exit | SERVISFIRST BANCSHARES INC | $0 | – | -114,762 | – | -1.21% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -741,225 | – | -1.39% | – |
| RESI | Exit | ALTISOURCE RESIDENTIAL CORP | $0 | – | -182,000 | – | -1.60% | – |
| FACO | Exit | FIRST ACCEPTANCE CORP | $0 | – | -2,962,740 | – | -2.71% | – |
| FBP | Exit | FIRST BANCORP P R | $0 | – | -1,710,000 | – | -2.98% | – |
| NWHM | Exit | NEW HOME CO INC / THE | $0 | – | -700,042 | – | -3.47% | – |
| BZH | Exit | BEAZER HOMES USA INC | $0 | – | -600,886 | – | -3.70% | – |
| SGM | Exit | STONEGATE MORTGAGE CORP | $0 | – | -818,943 | – | -3.91% | – |
| OFG | Exit | OFG BANCORP | $0 | – | -788,000 | – | -4.34% | – |
| CPSS | Exit | CONSUMER PORTFOLIO SVCS INC | $0 | – | -2,138,538 | – | -5.04% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -404,079 | – | -5.23% | – |
| OCN | Exit | OCWEN FINL CORP | $0 | – | -551,601 | – | -5.30% | – |
| WLH | Exit | LYON WILLIAM HOMES | $0 | – | -738,800 | – | -6.00% | – |
| TREE | Exit | TREE COM INC | $0 | – | -502,130 | – | -6.62% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -1,261,906 | – | -8.32% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -2,851,995 | – | -9.00% | – |
| BACWSA | Exit | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $0 | – | -3,650,963 | – | -10.06% | – |
| NEWS | Exit | NEWSTAR FINANCIAL INC | $0 | – | -3,958,289 | – | -16.34% | – |
Q3 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWS | Buy | NEWSTAR FINANCIAL INC | $44,491,000 | -19.8% | 3,958,289 | +0.3% | 16.34% | -1.8% |
| BACWSA | Sell | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $27,382,000 | -35.0% | 3,650,963 | -40.6% | 10.06% | -20.4% |
| TBBK | Buy | BANCORP INC DEL | $24,499,000 | -19.9% | 2,851,995 | +11.1% | 9.00% | -1.9% |
| RM | Sell | REGIONAL MGMT CORP | $22,651,000 | +15.4% | 1,261,906 | -0.6% | 8.32% | +41.3% |
| TREE | Sell | TREE COM INC | $18,022,000 | +10.4% | 502,130 | -10.4% | 6.62% | +35.2% |
| WLH | Sell | LYON WILLIAM HOMES | $16,327,000 | -39.2% | 738,800 | -16.2% | 6.00% | -25.5% |
| OCN | Buy | OCWEN FINL CORP | $14,441,000 | -28.7% | 551,601 | +1.1% | 5.30% | -12.6% |
| CASH | Buy | META FINL GROUP INC | $14,248,000 | -3.3% | 404,079 | +9.6% | 5.23% | +18.4% |
| CPSS | Buy | CONSUMER PORTFOLIO SVCS INC | $13,708,000 | +11.1% | 2,138,538 | +32.1% | 5.04% | +36.1% |
| OFG | Sell | OFG BANCORP | $11,804,000 | -37.6% | 788,000 | -23.3% | 4.34% | -23.6% |
| SGM | Buy | STONEGATE MORTGAGE CORP | $10,638,000 | +29.2% | 818,943 | +38.8% | 3.91% | +58.3% |
| BZH | Buy | BEAZER HOMES USA INC | $10,083,000 | -10.3% | 600,886 | +12.1% | 3.70% | +9.8% |
| NWHM | Buy | NEW HOME CO INC / THE | $9,451,000 | +140.0% | 700,042 | +151.2% | 3.47% | +193.9% |
| FBP | Sell | FIRST BANCORP P R | $8,123,000 | -14.7% | 1,710,000 | -2.3% | 2.98% | +4.5% |
| FACO | Buy | FIRST ACCEPTANCE CORP | $7,377,000 | +12.2% | 2,962,740 | +10.4% | 2.71% | +37.4% |
| RESI | Sell | ALTISOURCE RESIDENTIAL CORP | $4,368,000 | -10.3% | 182,000 | -2.7% | 1.60% | +9.9% |
| ZIONW | Sell | ZIONS BANCORPORATION*w exp 05/22/202 | $3,780,000 | -9.6% | 741,225 | -6.8% | 1.39% | +10.7% |
| SFBS | Buy | SERVISFIRST BANCSHARES INC | $3,305,000 | +118.6% | 114,762 | +555.8% | 1.21% | +168.0% |
| HTH | New | HILLTOP HOLDINGS INC | $602,000 | – | 30,000 | – | 0.22% | – |
| BAC | New | BANK OF AMERICA CORPORATION | $341,000 | – | 20,000 | – | 0.12% | – |
| FSGI | Sell | FIRST SEC GROUP INC | $193,000 | -94.8% | 97,253 | -94.3% | 0.07% | -93.6% |
| JPM | Exit | JPMORGAN CHASE & CO | $0 | – | -5,000 | – | -0.09% | – |
| CACC | Exit | CREDIT ACCEP CORP MICH | $0 | – | -5,000 | – | -0.18% | – |
| SBCF | Exit | SEACOAST BKG CORP FLA | $0 | – | -1,132,087 | – | -3.69% | – |
Q2 2014
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWS | New | NEWSTAR FINANCIAL INC | $55,469,000 | – | 3,945,166 | – | 16.64% | – |
| BACWSA | New | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $42,146,000 | – | 6,143,728 | – | 12.64% | – |
| TBBK | New | BANCORP INC DEL | $30,573,000 | – | 2,566,995 | – | 9.17% | – |
| WLH | New | LYON WILLIAM HOMES | $26,848,000 | – | 882,000 | – | 8.05% | – |
| OCN | New | OCWEN FINL CORP | $20,242,000 | – | 545,601 | – | 6.07% | – |
| RM | New | REGIONAL MGMT CORP | $19,631,000 | – | 1,268,960 | – | 5.89% | – |
| OFG | New | OFG BANCORP | $18,925,000 | – | 1,028,000 | – | 5.68% | – |
| TREE | New | TREE COM INC | $16,329,000 | – | 560,363 | – | 4.90% | – |
| CASH | New | META FINL GROUP INC | $14,741,000 | – | 368,532 | – | 4.42% | – |
| CPSS | New | CONSUMER PORTFOLIO SVCS INC | $12,333,000 | – | 1,618,538 | – | 3.70% | – |
| SBCF | New | SEACOAST BKG CORP FLA | $12,306,000 | – | 1,132,087 | – | 3.69% | – |
| BZH | New | BEAZER HOMES USA INC | $11,243,000 | – | 535,886 | – | 3.37% | – |
| FBP | New | FIRST BANCORP P R | $9,520,000 | – | 1,750,000 | – | 2.86% | – |
| SGM | New | STONEGATE MTG CORP | $8,231,000 | – | 590,000 | – | 2.47% | – |
| FACO | New | FIRST ACCEPTANCE CORP | $6,577,000 | – | 2,684,531 | – | 1.97% | – |
| FMD | New | FIRST MARBLEHEAD CORP | $5,975,000 | – | 1,138,161 | – | 1.79% | – |
| RESI | New | ALTISOURCE RESIDENTIAL CORP | $4,868,000 | – | 187,000 | – | 1.46% | – |
| ZIONW | New | ZIONS BANCORPORATION*w exp 05/22/202 | $4,181,000 | – | 794,900 | – | 1.25% | – |
| NWHM | New | NEW HOME CO INC | $3,938,000 | – | 278,700 | – | 1.18% | – |
| FSGI | New | FIRST SEC GROUP INC | $3,699,000 | – | 1,704,705 | – | 1.11% | – |
| FUNC | New | FIRST UTD CORP | $2,465,000 | – | 281,086 | – | 0.74% | – |
| SFBS | New | SERVISFIRST BANCSHARES INC | $1,512,000 | – | 17,500 | – | 0.45% | – |
| CACC | New | CREDIT ACCEP CORP MICH | $616,000 | – | 5,000 | – | 0.18% | – |
| BACWSB | New | BANK OF AMERICA CORPORATION*w exp 10/28/201 | $556,000 | – | 741,000 | – | 0.17% | – |
| JPM | New | JPMORGAN CHASE & CO | $288,000 | – | 5,000 | – | 0.09% | – |
| C | New | CITIGROUP INC | $236,000 | – | 5,000 | – | 0.07% | – |
Q4 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| FBNC | Exit | FIRST BANCORP N C | $0 | – | -20,000 | – | -0.06% | – |
| FCNCA | Exit | FIRST CTZNS BANCSHARES INC Ncl a | $0 | – | -2,000 | – | -0.09% | – |
| BACWSB | Exit | BANK OF AMERICA CORPORATION*w exp 10/28/201 | $0 | – | -741,000 | – | -0.13% | – |
| CASH | Exit | META FINL GROUP INC | $0 | – | -16,711 | – | -0.14% | – |
| EVTC | Exit | EVERTEC INC | $0 | – | -60,000 | – | -0.30% | – |
| FACO | Exit | FIRST ACCEPTANCE CORP | $0 | – | -906,884 | – | -0.36% | – |
| FUNC | Exit | FIRST UTD CORP | $0 | – | -215,095 | – | -0.40% | – |
| RBCAA | Exit | REPUBLIC BANCORP KYcl a | $0 | – | -65,267 | – | -0.40% | – |
| PRSG | Exit | PRIMUS GUARANTY LTD | $0 | – | -327,250 | – | -0.72% | – |
| RESI | Exit | ALTISOURCE RESIDENTIAL CORPcl b | $0 | – | -146,000 | – | -0.75% | – |
| FSGI | Exit | FIRST SEC GROUP INC | $0 | – | -1,699,178 | – | -0.79% | – |
| ZIONW | Exit | ZIONS BANCORPORATION*w exp 05/22/202 | $0 | – | -780,000 | – | -0.86% | – |
| CCBG | Exit | CAPITAL CITY BK GROUP INC | $0 | – | -325,971 | – | -0.86% | – |
| PRAA | Exit | PORTFOLIO RECOVERY ASSOCS IN | $0 | – | -90,000 | – | -1.21% | – |
| FMD | Exit | FIRST MARBLEHEAD CORP | $0 | – | -7,375,936 | – | -1.36% | – |
| BZH | Exit | BEAZER HOMES USA INC | $0 | – | -495,000 | – | -2.00% | – |
| FBP | Exit | FIRST BANCORP P R | $0 | – | -1,585,000 | – | -2.02% | – |
| UCBI | Exit | UNITED CMNTY BKS BLAIRSVLE G | $0 | – | -710,137 | – | -2.39% | – |
| SNBC | Exit | SUN BANCORP INC | $0 | – | -3,962,835 | – | -3.41% | – |
| RM | Exit | REGIONAL MGMT CORP | $0 | – | -490,982 | – | -3.50% | – |
| C | Exit | CITIGROUP INC | $0 | – | -386,268 | – | -4.21% | – |
| SBCF | Exit | SEACOAST BKG CORP FLA | $0 | – | -8,951,204 | – | -4.36% | – |
| EVER | Exit | EVERBANK FINL CORP | $0 | – | -1,319,520 | – | -4.44% | – |
| WLH | Exit | LYON WILLIAM HOMEScl a new | $0 | – | -1,006,000 | – | -4.59% | – |
| OFG | Exit | OFG BANCORP | $0 | – | -1,313,000 | – | -4.77% | – |
| TREE | Exit | TREE COM INC | $0 | – | -850,292 | – | -5.01% | – |
| OCN | Exit | OCWEN FINL CORP | $0 | – | -531,601 | – | -6.66% | – |
| TBBK | Exit | BANCORP INC DEL | $0 | – | -2,830,425 | – | -11.24% | – |
| BACWSA | Exit | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $0 | – | -9,273,401 | – | -12.68% | – |
| NEWS | Exit | NEWSTAR FINANCIAL INC | $0 | – | -4,941,011 | – | -20.27% | – |
Q3 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWS | Buy | NEWSTAR FINANCIAL INC | $90,272,000 | +37.8% | 4,941,011 | +0.5% | 20.27% | +23.7% |
| BACWSA | Sell | BANK OF AMERICA CORPORATION*w exp 01/16/201 | $56,475,000 | +8.4% | 9,273,401 | -2.8% | 12.68% | -2.7% |
| TBBK | Buy | BANCORP INC DEL | $50,070,000 | +21.0% | 2,830,425 | +2.5% | 11.24% | +8.6% |
| OCN | Buy | OCWEN FINL CORP | $29,647,000 | +685.1% | 531,601 | +480.3% | 6.66% | +604.3% |
| TREE | Buy | TREE COM INC | $22,329,000 | +173.7% | 850,292 | +78.7% | 5.01% | +145.6% |
| OFG | Sell | OFG BANCORP | $21,257,000 | -16.3% | 1,313,000 | -6.4% | 4.77% | -24.9% |
| WLH | Buy | LYON WILLIAM HOMEScl a new | $20,442,000 | +523.8% | 1,006,000 | +673.8% | 4.59% | +459.6% |
| EVER | Buy | EVERBANK FINL CORP | $19,767,000 | +41.5% | 1,319,520 | +56.4% | 4.44% | +26.9% |
| SBCF | Buy | SEACOAST BKG CORP FLA | $19,424,000 | +1.5% | 8,951,204 | +2.9% | 4.36% | -9.0% |
| C | Buy | CITIGROUP INC | $18,738,000 | +31.8% | 386,268 | +30.4% | 4.21% | +18.3% |
| RM | Buy | REGIONAL MGMT CORP | $15,613,000 | +4063.5% | 490,982 | +3173.2% | 3.50% | +3628.7% |
| SNBC | Sell | SUN BANCORP INC | $15,178,000 | +7.3% | 3,962,835 | -5.1% | 3.41% | -3.7% |
| UCBI | Sell | UNITED CMNTY BKS BLAIRSVLE G | $10,645,000 | -56.3% | 710,137 | -63.8% | 2.39% | -60.8% |
| FBP | Buy | FIRST BANCORP P R | $9,003,000 | +11.1% | 1,585,000 | +38.4% | 2.02% | -0.3% |
| BZH | New | BEAZER HOMES USA INC | $8,910,000 | – | 495,000 | – | 2.00% | – |
| FMD | New | FIRST MARBLEHEAD CORP | $6,048,000 | – | 7,375,936 | – | 1.36% | – |
| PRAA | New | PORTFOLIO RECOVERY ASSOCS IN | $5,394,000 | – | 90,000 | – | 1.21% | – |
| CCBG | Sell | CAPITAL CITY BK GROUP INC | $3,840,000 | +0.3% | 325,971 | -1.8% | 0.86% | -9.9% |
| FSGI | Buy | FIRST SEC GROUP INC | $3,534,000 | -3.1% | 1,699,178 | +1.1% | 0.79% | -13.0% |
| RESI | Buy | ALTISOURCE RESIDENTIAL CORPcl b | $3,355,000 | +66.2% | 146,000 | +20.7% | 0.75% | +49.1% |
| PRSG | Sell | PRIMUS GUARANTY LTD | $3,230,000 | -85.5% | 327,250 | -85.1% | 0.72% | -87.0% |
| RBCAA | New | REPUBLIC BANCORP KYcl a | $1,798,000 | – | 65,267 | – | 0.40% | – |
| FUNC | Buy | FIRST UTD CORP | $1,766,000 | +30.7% | 215,095 | +21.0% | 0.40% | +17.2% |
| FACO | Buy | FIRST ACCEPTANCE CORP | $1,587,000 | +19.8% | 906,884 | +12.2% | 0.36% | +7.6% |
| EVTC | Buy | EVERTEC INC | $1,333,000 | +505.9% | 60,000 | +500.0% | 0.30% | +443.6% |
| CASH | New | META FINL GROUP INC | $635,000 | – | 16,711 | – | 0.14% | – |
| FCNCA | New | FIRST CTZNS BANCSHARES INC Ncl a | $411,000 | – | 2,000 | – | 0.09% | – |
| FBNC | Buy | FIRST BANCORP N C | $289,000 | +105.0% | 20,000 | +100.0% | 0.06% | +85.7% |
| RDN | Exit | RADIAN GROUP INC | $0 | – | -25,420 | – | -0.07% | – |
| MTG | Exit | MGIC INVESTMENT CORP | $0 | – | -1,145,000 | – | -1.74% | – |
| BPOP | Exit | POPULAR INC | $0 | – | -268,760 | – | -2.04% | – |
| TAYC | Exit | TAYLOR CAPITAL GROUP INC | $0 | – | -1,294,451 | – | -5.47% | – |
| SNV | Exit | SYNOVUS FINANCIAL CORP | $0 | – | -9,774,744 | – | -7.14% | – |
Q2 2013
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| NEWS | New | NEWSTAR FINANCIAL INC | $65,508,000 | – | 4,918,011 | – | 16.39% | – |
| BACWSA | New | BANK OF AMERICA CORP A WARRANTS*w exp 01/16/201 | $52,099,000 | – | 9,541,953 | – | 13.03% | – |
| TBBK | New | BANCORP INC | $41,379,000 | – | 2,760,425 | – | 10.35% | – |
| SNV | New | SYNOVUS FINANCIAL CORP | $28,542,000 | – | 9,774,744 | – | 7.14% | – |
| OFG | New | OFG BANCORP | $25,408,000 | – | 1,403,000 | – | 6.36% | – |
| UCBI | New | UNITED COMMUNITY BANKS GA | $24,370,000 | – | 1,962,170 | – | 6.10% | – |
| PRSG | New | PRIMUS GUARANTY LTD | $22,300,000 | – | 2,197,084 | – | 5.58% | – |
| TAYC | New | TAYLOR CAPITAL GROUP INC | $21,863,000 | – | 1,294,451 | – | 5.47% | – |
| SBCF | New | SEACOAST BANKING CORP INC | $19,146,000 | – | 8,702,873 | – | 4.79% | – |
| C | New | CITIGROUP INC | $14,212,000 | – | 296,268 | – | 3.56% | – |
| SNBC | New | SUN BANCORP INC | $14,151,000 | – | 4,174,319 | – | 3.54% | – |
| EVER | New | EVERBANK FINANCIAL CORP | $13,972,000 | – | 843,735 | – | 3.50% | – |
| BPOP | New | POPULAR INC | $8,162,000 | – | 268,760 | – | 2.04% | – |
| TREE | New | TREE COM INC | $8,157,000 | – | 475,897 | – | 2.04% | – |
| FBP | New | FIRST BANCORP PUERTO RICO | $8,107,000 | – | 1,145,000 | – | 2.03% | – |
| MTG | New | MGIC INVESTMENT CORP | $6,950,000 | – | 1,145,000 | – | 1.74% | – |
| ZIONW | New | ZIONS BANCORPORATION WARRANTS*w exp 05/22/202 | $4,563,000 | – | 780,000 | – | 1.14% | – |
| CCBG | New | CAPITAL CITY BANK GROUP INC | $3,827,000 | – | 331,876 | – | 0.96% | – |
| OCN | New | OCWEN FINANCIAL CORP | $3,776,000 | – | 91,601 | – | 0.94% | – |
| FSGI | New | FIRST SECURITY GROUP INC | $3,646,000 | – | 1,680,000 | – | 0.91% | – |
| WLH | New | WILLIAM LYON HOMES - CLA | $3,277,000 | – | 130,000 | – | 0.82% | – |
| RESI | New | ALTISOURCE RESIDENTIAL CORP | $2,019,000 | – | 121,000 | – | 0.50% | – |
| FUNC | New | FIRST UNITED CORP | $1,351,000 | – | 177,786 | – | 0.34% | – |
| FACO | New | FIRST ACCEPTANCE CORP | $1,325,000 | – | 807,952 | – | 0.33% | – |
| BACWSB | New | BANK OF AMERICA CORP B WARRANTS*w exp 10/28/201 | $571,000 | – | 741,000 | – | 0.14% | – |
| RM | New | REGIONAL MANAGEMENT CORP | $375,000 | – | 15,000 | – | 0.09% | – |
| RDN | New | RADIAN GROUP INC | $295,000 | – | 25,420 | – | 0.07% | – |
| EVTC | New | EVERTEC INC | $220,000 | – | 10,000 | – | 0.06% | – |
| FBNC | New | FIRST BANCORP INC | $141,000 | – | 10,000 | – | 0.04% | – |