FJ Capital Management LLC
13F Reported Value
ⓘ$770.4M
Holdings
120
Latest Filing
2026-06-30
Filing Quarter
Q2 2026
Portfolio Overview
FJ Capital Management LLC disclosed 120 positions worth $770.4M in its Form 13F-HR for Q2 2026, led by $SFST (SOUTHERN FIRST BANCSHARES INC) at 7.1% of the equity portfolio, followed by $EQBK and $NIC. During the quarter the fund opened 47 new positions and exited 53 — including a new stake in $BOH and a full exit from $EBC. The portfolio is most concentrated in Financials (84.6% of disclosed assets). All figures are sourced directly from FJ Capital Management LLC’s Form 13F-HR filing with the SEC under CIK 1599170.
AI Fund Analysis
Concentrating
$SFST
$EQBK
$NIC
$SSB
$BCAL
$TRTX
$CVBF
$HBAN
$UMBFSector Allocation
AUM History
Top Equity Holdings by Value
Quarterly Activity — Q2 2026
Click any card to unlockTop Holdings
- 62.7#693
Quality
$54.5M892,223 sh - 46.4#1,830
Quality
$47.1M961,492 sh - 67.6#355
Quality
$45.9M277,243 sh - 77.0
Quality
$43.9M438,973 sh - 66.8
Quality
$42.8M2,054,534 sh - 44.6
Quality
$41.9M839,115 sh TOWNEBANK - COM
—Quality
$36.5M1,008,071 sh- 58.7
Quality
$34.1M1,460,413 sh - 62.0
Quality
$33.5M1,006,363 sh - 47.9
Quality
$31.1M711,425 sh
| Company | Quality | Value | Shares |
|---|---|---|---|
| SOUTHERN FIRST BANCSHARES INC$SFST | 62.7#693 | $54.5M | 892,223 |
| EQUITY BANCSHARES INC$EQBK | 46.4#1,830 | $47.1M | 961,492 |
| NICOLET BANKSHARES INC$NIC | 67.6#355 | $45.9M | 277,243 |
| SouthState Bank Corp$SSB | 77.0 | $43.9M | 438,973 |
| California BanCorp \ CA$BCAL | 66.8 | $42.8M | 2,054,534 |
 HomeTrust Bancshares, Inc.$HTB | 44.6 | $41.9M | 839,115 |
| TOWNEBANK - COM | — | $36.5M | 1,008,071 |
 OLD SECOND BANCORP INC$OSBC | 58.7 | $34.1M | 1,460,413 |
 SEACOAST BANKING CORP OF FLORIDA$SBCF | 62.0 | $33.5M | 1,006,363 |
 FIRST MERCHANTS CORP$FRME | 47.9 | $31.1M | 711,425 |
Unlock AI quality scores for every holding
32-signal composite ranking on each of FJ Capital Management LLC's 120 positions.
Showing top 10 of 120 holdings.
Sector Allocation
Financials
$652.0M
Real Estate
$52.7M
Other
$45.6M
Industrials
$7.6M
Consumer Discretionary
$6.0M
Technology
$5.8M
Healthcare
$778,656
Full Holdings — FJ Capital Management LLC (Q2 2026)
All 120 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.
| # | Ticker | Company | Value | Weight | QoQ | Quality |
|---|---|---|---|---|---|---|
| 1 | $SFST | SOUTHERN FIRST BANCSHARES INC | $54.5M | 7.1% | +11% | 62.7 |
| 2 | $EQBK | EQUITY BANCSHARES INC | $47.1M | 6.1% | +4% | 46.4 |
| 3 | $NIC | NICOLET BANKSHARES INC | $45.9M | 6.0% | -10% | 67.6 |
| 4 | $SSB | SouthState Bank Corp | $43.9M | 5.7% | -44% | 77 |
| 5 | $BCAL | California BanCorp \ CA | $42.8M | 5.6% | +0% | 66.8 |
| 6 | $HTB | HomeTrust Bancshares, Inc. | $41.9M | 5.4% | -46% | 44.6 |
| 7 | — | TOWNEBANK - COM | $36.5M | 4.7% | +80% | — |
| 8 | $OSBC | OLD SECOND BANCORP INC | $34.1M | 4.4% | -3% | 58.7 |
| 9 | $SBCF | SEACOAST BANKING CORP OF FLORIDA | $33.5M | 4.3% | +11% | 62 |
| 10 | $FRME | FIRST MERCHANTS CORP | $31.1M | 4.0% | +0% | 47.9 |
| 11 | $CVBF | CVB FINANCIAL CORP | $29.2M | 3.8% | +52% | 55.3 |
| 12 |  $BOH | BANK OF HAWAII CORP | $25.5M | 3.3% | NEW | 56.5 |
| 13 |  $HBNC | HORIZON BANCORP INC /IN/ | $24.9M | 3.2% | -3% | — |
| 14 | $HBAN | HUNTINGTON BANCSHARES INC /MD/ | $24.2M | 3.1% | +22% | 65 |
| 15 |  $TFC | TRUIST FINANCIAL CORP | $22.2M | 2.9% | NEW | 76.4 |
| 16 | $UMBF | UMB FINANCIAL CORP | $18.2M | 2.4% | +191% | 77.3 |
| 17 |  $CBNA | CHAIN BRIDGE BANCORP INC | $12.4M | 1.6% | +0% | 56.1 |
| 18 |  $AVBC | Avidia Bancorp, Inc. | $10.4M | 1.4% | +0% | 56.6 |
| 19 |  $LPLA | LPL Financial Holdings Inc. | $8.4M | 1.1% | NEW | 72.1 |
| 20 |  $NLY | ANNALY CAPITAL MANAGEMENT INC | $8.2M | 1.1% | +128% | — |
| 21 |  $HWBK | HAWTHORN BANCSHARES, INC. | $7.5M | 1.0% | +0% | 57.7 |
| 22 |  $IBCP | INDEPENDENT BANK CORP /MI/ | $7.3M | 0.9% | +0% | 45.1 |
| 23 |  $WFC | WELLS FARGO & COMPANY/MN | $6.7M | 0.9% | NEW | 61.8 |
| 24 |  $AHR | American Healthcare REIT, Inc. | $6.6M | 0.9% | +117% | 54 |
| 25 |  $FAF | First American Financial Corp | $6.3M | 0.8% | NEW | 72.6 |
| 26 |  $SYBT | Stock Yards Bancorp, Inc. | $6.2M | 0.8% | -12% | 61.6 |
| 27 |  $JLL | JONES LANG LASALLE INC | $5.8M | 0.8% | -41% | 64.2 |
| 28 |  $FCFS | FirstCash Holdings, Inc. | $4.9M | 0.6% | +313% | 69.3 |
| 29 |  $SKY | Champion Homes, Inc. | $4.4M | 0.6% | NEW | 60.6 |
| 30 |  $MIAX | MIAMI INTERNATIONAL HOLDINGS, INC. | $4.4M | 0.6% | NEW | 66.3 |
| 31 |  $HYNE | Hoyne Bancorp, Inc. | $4.4M | 0.6% | +0% | 47.7 |
| 32 |  $WELL | WELLTOWER INC. | $4.3M | 0.6% | -1% | 59.8 |
| 33 |  $MKTX | MARKETAXESS HOLDINGS INC | $4.2M | 0.6% | NEW | 63.1 |
| 34 |  $CNO | CNO Financial Group, Inc. | $4.2M | 0.5% | -38% | 54 |
| 35 |  $HCXY | Hercules Capital, Inc. | $3.9M | 0.5% | -10% | — |
| 36 |  $CME | CME GROUP INC. | $3.9M | 0.5% | NEW | 69.5 |
| 37 |  $XZO | Exzeo Group, Inc. | $3.8M | 0.5% | -67% | 58.6 |
| 38 |  $ECPG | ENCORE CAPITAL GROUP INC | $3.6M | 0.5% | -6% | 70.9 |
| 39 |  $RGA | REINSURANCE GROUP OF AMERICA INC | $3.4M | 0.4% | +65% | 66.8 |
| 40 |  $TOL | Toll Brothers, Inc. | $3.1M | 0.4% | +60% | 58.1 |
| 41 |  $ETOR | eToro Group Ltd. | $2.9M | 0.4% | NEW | — |
| 42 |  $MAIN | Main Street Capital CORP | $2.8M | 0.4% | -22% | — |
| 43 |  $FR | FIRST INDUSTRIAL REALTY TRUST INC | $2.7M | 0.3% | +4% | 64.8 |
| 44 |  $AJG | Arthur J. Gallagher & Co. | $2.7M | 0.3% | NEW | 71.2 |
| 45 |  $CTO | CTO Realty Growth, Inc. | $2.6M | 0.3% | +4% | 63.4 |
| 46 |  $MSIF | MSC INCOME FUND, INC. | $2.4M | 0.3% | +21% | — |
| 47 |  $ABCB | Ameris Bancorp | $2.4M | 0.3% | -80% | 59.8 |
| 48 |  $UDR | UDR, Inc. | $2.4M | 0.3% | NEW | 62.6 |
| 49 |  $IVT | InvenTrust Properties Corp. | $2.4M | 0.3% | -41% | 56.8 |
| 50 |  $HLI | HOULIHAN LOKEY, INC. | $2.3M | 0.3% | NEW | 67.8 |
| 51 |  $BRX | Brixmor Property Group Inc. | $2.2M | 0.3% | +52% | 64.2 |
| 52 |  $SKWD | Skyward Specialty Insurance Group, Inc. | $2.2M | 0.3% | -61% | 71.1 |
| 53 | $TRTX | TPG RE Finance Trust, Inc. | $2.1M | 0.3% | NEW | 55.3 |
| 54 |  $FHI | FEDERATED HERMES, INC. | $2.1M | 0.3% | +263% | 67.5 |
| 55 |  $GL | GLOBE LIFE INC. | $2.1M | 0.3% | +12% | 66 |
| 56 |  $ALLY | Ally Financial Inc. | $1.9M | 0.3% | NEW | 64.5 |
| 57 |  $EGP | EASTGROUP PROPERTIES INC | $1.9M | 0.3% | +19% | 68.7 |
| 58 |  $DAVE | Dave Inc./DE | $1.5M | 0.2% | -53% | 80.2 |
| 59 |  $RWT | REDWOOD TRUST INC | $1.4M | 0.2% | NEW | — |
| 60 |  $HCI | HCI Group, Inc. | $1.4M | 0.2% | -79% | 75 |
| 61 |  $SYF | Synchrony Financial | $1.3M | 0.2% | +96% | 64 |
| 62 |  $XYZ | Block, Inc. | $1.2M | 0.2% | NEW | 51.8 |
| 63 |  $BEN | FRANKLIN TEMPLETON INC | $1.1M | 0.1% | -61% | 57.9 |
| 64 |  $COF | CAPITAL ONE FINANCIAL CORP | $946,525 | 0.1% | +10% | 62.4 |
| 65 |  $MA | Mastercard Inc | $929,616 | 0.1% | +19% | 85.1 |
| 66 |  $PDM | Piedmont Realty Trust, Inc. | $917,397 | 0.1% | NEW | — |
| 67 |  $DRH | DiamondRock Hospitality Co | $847,947 | 0.1% | NEW | 56.3 |
| 68 |  $THG | HANOVER INSURANCE GROUP, INC. | $847,273 | 0.1% | -82% | 66.6 |
| 69 |  $AFRM | Affirm Holdings, Inc. | $846,326 | 0.1% | NEW | 81.3 |
| 70 |  $PSTL | Postal Realty Trust, Inc. | $835,813 | 0.1% | +0% | 63.3 |
| 71 |  $RKT | Rocket Companies, Inc. | $783,799 | 0.1% | NEW | 74.2 |
| 72 |  $SLDE | Slide Insurance Holdings, Inc. | $770,093 | 0.1% | NEW | 78.1 |
| 73 |  $EG | EVEREST GROUP, LTD. | $766,973 | 0.1% | NEW | — |
| 74 |  $CHYM | Chime Financial, Inc. | $749,937 | 0.1% | NEW | 53.5 |
| 75 |  $NP | Neptune Insurance Holdings Inc. | $724,280 | 0.1% | +6% | 68.2 |
| 76 |  $V | VISA INC. | $693,042 | 0.1% | +0% | 82.9 |
| 77 |  $AMH | American Homes 4 Rent | $679,249 | 0.1% | NEW | 64.1 |
| 78 |  $SPNT | SiriusPoint Ltd | $676,728 | 0.1% | -36% | — |
| 79 |  $EFSC | ENTERPRISE FINANCIAL SERVICES CORP | $670,790 | 0.1% | +0% | 56.4 |
| 80 |  $AFG | AMERICAN FINANCIAL GROUP INC | $669,193 | 0.1% | NEW | 60.2 |
| 81 |  $JAN | Janus Living, Inc. | $618,542 | 0.1% | NEW | 64.7 |
| 82 |  $ACIW | ACI WORLDWIDE, INC. | $600,915 | 0.1% | +0% | 66.3 |
| 83 |  $ELV | Elevance Health, Inc. | $554,184 | 0.1% | NEW | 59 |
| 84 |  $BFH | BREAD FINANCIAL HOLDINGS, INC. | $542,508 | 0.1% | +44% | 52.5 |
| 85 |  $XHR | Xenia Hotels & Resorts, Inc. | $535,488 | 0.1% | +12% | 45.7 |
| 86 |  $RPC | Ridgepost Capital, Inc. | $526,708 | 0.1% | +503% | 52 |
| 87 |  $RHP | Ryman Hospitality Properties, Inc. | $524,227 | 0.1% | -24% | 65.1 |
| 88 |  $CPT | CAMDEN PROPERTY TRUST | $519,670 | 0.1% | NEW | 61 |
| 89 |  $CG | Carlyle Group Inc. | $511,594 | 0.1% | +72% | 59.8 |
| 90 |  $CDP | COPT DEFENSE PROPERTIES | $505,821 | 0.1% | +0% | 60.2 |
| 91 |  $MCY | MERCURY GENERAL CORP | $499,195 | 0.1% | NEW | 76.6 |
| 92 |  $KLAR | Klarna Group plc | $496,669 | 0.1% | NEW | — |
| 93 |  $LXP | LXP Industrial Trust | $493,002 | 0.1% | NEW | 51.1 |
| 94 |  $RLJ | RLJ Lodging Trust | $491,870 | 0.1% | NEW | 49.2 |
| 95 |  $MKL | MARKEL GROUP INC. | $490,206 | 0.1% | +24% | 60.2 |
| 96 |  $IRM | IRON MOUNTAIN INC | $481,746 | 0.1% | NEW | 62.9 |
| 97 |  $TRU | TransUnion | $440,992 | 0.1% | -51% | 65.6 |
| 98 |  $AIZ | ASSURANT, INC. | $423,203 | 0.1% | NEW | 67.8 |
| 99 |  $UHT | UNIVERSAL HEALTH REALTY INCOME TRUST | $412,679 | 0.1% | +0% | 53.6 |
| 100 |  $GSHD | Goosehead Insurance, Inc. | $384,363 | 0.1% | NEW | 58.4 |
| 101 |  $JHG | Janus Henderson Group Ltd. | $375,287 | 0.1% | +0% | — |
| 102 |  $FVR | FrontView REIT, Inc. | $374,032 | 0.1% | NEW | 55.1 |
| 103 |  $OSG | OCTAVE SPECIALTY GROUP INC | $361,527 | 0.1% | NEW | 45 |
| 104 |  $CURB | Curbline Properties Corp. | $358,902 | 0.1% | -52% | 67.3 |
| 105 |  $SHO | Sunstone Hotel Investors, Inc. | $330,161 | 0.0% | +118% | 51.5 |
| 106 |  $EPRT | ESSENTIAL PROPERTIES REALTY TRUST, INC. | $314,589 | 0.0% | -40% | 69.5 |
| 107 |  $BNL | Broadstone Net Lease, Inc. | $306,267 | 0.0% | +0% | 61.6 |
| 108 |  $BOW | Bowhead Specialty Holdings Inc. | $251,562 | 0.0% | NEW | 64.1 |
| 109 |  $MAC | MACERICH CO | $245,300 | 0.0% | NEW | 47.3 |
| 110 |  $CB | Chubb Ltd | $242,607 | 0.0% | NEW | — |
| 111 |  $MAA | MID AMERICA APARTMENT COMMUNITIES INC. | $238,004 | 0.0% | -84% | 61.2 |
| 112 |  $PFG | PRINCIPAL FINANCIAL GROUP INC | $235,068 | 0.0% | NEW | 57.5 |
| 113 |  $BXP | BXP, Inc. | $234,273 | 0.0% | NEW | 59.2 |
| 114 |  $CUBE | CubeSmart | $230,905 | 0.0% | -52% | 62.1 |
| 115 |  $CNC | CENTENE CORP | $224,472 | 0.0% | NEW | 58.2 |
| 116 |  $PK | Park Hotels & Resorts Inc. | $221,716 | 0.0% | NEW | 41.1 |
| 117 |  $JXN | Jackson Financial Inc. | $219,934 | 0.0% | +0% | 60.4 |
| 118 |  $GEN | Gen Digital Inc. | $215,572 | 0.0% | NEW | 74 |
| 119 |  $SBAC | SBA COMMUNICATIONS CORP | $211,752 | 0.0% | NEW | 63.7 |
| 120 |  $BHR | Braemar Hotels & Resorts Inc. | $97,019 | 0.0% | +8% | 41.2 |
New Positions (47)
$BOH BANK OF HAWAII CORP$25.5M$TFC TRUIST FINANCIAL CORP$22.2M$LPLA LPL Financial Holdings Inc.$8.4M$WFC WELLS FARGO & COMPANY/MN$6.7M$FAF First American Financial Corp$6.3M$SKY Champion Homes, Inc.$4.4M$MIAX MIAMI INTERNATIONAL HOLDINGS, INC.$4.4M$MKTX MARKETAXESS HOLDINGS INC$4.2M$CME CME GROUP INC.$3.9M$ETOR eToro Group Ltd.$2.9M$AJG Arthur J. Gallagher & Co.$2.7M$UDR UDR, Inc.$2.4M$HLI HOULIHAN LOKEY, INC.$2.3M$TRTX TPG RE Finance Trust, Inc.$2.1M$ALLY Ally Financial Inc.$1.9MExited Positions (53)
$EBC Eastern Bankshares, Inc.
$RBB RBB Bancorp
$BKU BankUnited, Inc.
$ONB OLD NATIONAL BANCORP /IN/
$SMBC SOUTHERN MISSOURI BANCORP, INC.
$INDB INDEPENDENT BANK CORP
$NTRS NORTHERN TRUST CORP
$BAC BANK OF AMERICA CORP /DE/
$MS MORGAN STANLEY
$WSBC WESBANCO INC
$JMSB John Marshall Bancorp, Inc.
$CFG CITIZENS FINANCIAL GROUP INC/RI
$SFBS ServisFirst Bancshares, Inc.
$SCHW SCHWAB CHARLES CORP
$VIRT Virtu Financial, Inc.Browse Top Institutional Investors
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