Latest FJ Capital Management LLC Stock Portfolio

FJ Capital Management LLC Performance:

2025 Q4: 4.92%YTD: 8.35%2024: 11.05%

Performance for 2025 Q4 is 4.92%, and YTD is 8.35%, and 2024 is 11.05%.

About FJ Capital Management LLC and 13F Hedge Fund Stock Holdings

On 2025-11-14, the fund reported it's updated stock portfolio. In the 13F Holdings report, FJ Capital Management LLC reported an equity portfolio of $936.6 Millions as of 30 Sep, 2025.

The top stock holdings of FJ Capital Management LLC are HTBI, , EQBK. The fund has invested 7.3% of it's portfolio in HOMETRUST BANCSHARES INC and 5.6% of portfolio in SOUTHSTATE BK CORP.

The fund managers got completely rid off SOUTHSTATE CORPORATION (SSB), AMERIS BANCORP (ABCB) and HERITAGE COMM CORP (HTBK) stocks. They significantly reduced their stock positions in SYNCHRONY FINANCIAL (SYF), WESTERN ALLIANCE BANCORP (WAL) and FIRST SVGS FINL GROUP INC (FSFG). FJ Capital Management LLC opened new stock positions in SOUTHSTATE BK CORP, EASTERN BANKSHARES INC (EBC) and BANK AMERICA CORP (BAC). The fund showed a lot of confidence in some stocks as they added substantially to GERMAN AMERN BANCORP INC (GABC), WESBANCO INC (WSBC) and VOYA FINANCIAL INC (VOYA).

FJ Capital Management LLC Annual Return Estimates Vs S&P 500

Our best estimate is that FJ Capital Management LLC made a return of 4.92% in the last quarter. In trailing 12 months, it's portfolio return was 8.35%.

Performance
S&P 500

New Buys

Ticker	$ Bought
morgan stanley	13,272,000
exzeo group inc	5,768,010
cvb finl corp	5,117,460
trico bancshares	4,381,350
wealthfront corp	4,269,800
lxp industrial trust	4,139,880
hoyne bancorp inc	3,781,890
etoro group ltd	3,683,770

New stocks bought by FJ Capital Management LLC

Additions

Ticker	% Inc.
american integrity ins group	1,261
skyward specialty ins group	468
newmark group inc	402
horizon bancorp inc	309
cme group inc	255
p10 inc	193
western alliance bancorp	146
stifel finl corp	125

Additions to existing portfolio by FJ Capital Management LLC

Reductions

Ticker	% Reduced
fvcbankcorp inc	-92.74
ares management corporation	-81.23
extra space storage inc	-80.69
linkbancorp inc	-80.1
synchrony financial	-70.35
tpg inc	-66.1
janus henderson group plc	-62.27
wp carey inc	-61.16

FJ Capital Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
first fndtn inc	-11,461,200
first busey corp	-8,473,360
apollo coml real est fin inc	-3,038,030
merchants bancorp ind	-9,449,560
arbor realty trust inc	-3,280,500
bank america corp	-11,164,500
prosperity bancshares inc	-9,619,760
first american finl corp	-7,624,710

FJ Capital Management LLC got rid off the above stocks

Sector Distribution

FJ Capital Management LLC has about 75.3% of it's holdings in Financial Services sector.

Sector	%
Financial Services	75.3
Others	18.1
Real Estate	5.4

Market Cap. Distribution

FJ Capital Management LLC has about 16% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	39.3
MID-CAP	24.4
UNALLOCATED	18.1
LARGE-CAP	14.4
MICRO-CAP	2.3
MEGA-CAP	1.6

Stocks belong to which Index?

About 68.2% of the stocks held by FJ Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	59.1
Others	31.8
S&P 500	9.1

Top 5 Winners (%)		%
MOFG	midwestone finl group inc ne	36.1 %
AMG	affiliated managers group in	20.9 %
SPNT	siriuspoint ltd	20.4 %
SFST	southern first bancshares	16.8 %
	marex group plc	13.0 %

Top 5 Winners ($)		$
MOFG	midwestone finl group inc ne	8.1 M
SFST	southern first bancshares	6.0 M
EQBK	equity bancshares inc	4.8 M
OSBC	old second bancorp inc ill	4.2 M
HTBI	hometrust bancshares inc	3.4 M

Top 5 Losers (%)		%
FOUR	shift4 pmts inc	-18.6 %
	millrose pptys inc	-8.8 %
NIC	nicolet bankshares inc	-8.8 %
ACIW	aci worldwide inc	-8.8 %
PX	p10 inc	-6.8 %

Top 5 Losers ($)		$
	southstate bk corp	-3.2 M
WAL	western alliance bancorp	-0.8 M
NMRK	newmark group inc	-0.3 M
PX	p10 inc	-0.3 M
	townebank portsmouth va	-0.2 M

FJ Capital Management LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of FJ Capital Management LLC

FJ Capital Management LLC has 128 stocks in it's portfolio. About 49.3% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. MOFG was the most profitable stock for FJ Capital Management LLC last quarter.

Last Reported on: 13 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABR	arbor realty trust inc	0.00	0.00	0.00	sold off	-100

ACIW	aci worldwide inc	0.10	17,999	860,532	added	17.61

ADC	agree rlty corp	0.28	35,873	2,583,930	added	29.47

ADP	automatic data processing in	0.00	0.00	0.00	sold off	-100

AJG	gallagher arthur j & co	0.00	0.00	0.00	sold off	-100

AKR	acadia rlty tr	0.56	247,622	5,086,160	added	20.67

ALRS	alerus finl corp	0.17	67,134	1,511,860	new

AMG	affiliated managers group in	0.08	2,557	737,132	unchanged	0.00

AMT	american tower corp new	0.00	0.00	0.00	sold off	-100

AON	aon plc	0.00	0.00	0.00	sold off	-100

APAM	artisan partners asset mgmt	0.11	25,129	1,023,760	unchanged	0.00

ARES	ares management corporation	0.03	1,557	251,658	reduced	-81.23

ARI	apollo coml real est fin inc	0.00	0.00	0.00	sold off	-100

AXS	axis cap hldgs ltd	0.06	4,914	526,240	new

BAC	bank america corp	0.00	0.00	0.00	sold off	-100

BDN	brandywine rlty tr	0.00	0.00	0.00	sold off	-100

BEN	franklin resources inc	0.00	0.00	0.00	sold off	-100

BFC	bank first corp	0.00	0.00	0.00	sold off	-100

BFH	bread financial holdings inc	0.02	2,717	201,140	new

BHF	brighthouse finl inc	0.00	0.00	0.00	sold off	-100