Latest FJ Capital Management LLC Stock Portfolio

FJ Capital Management LLC Performance:

2025 Q3: 4.43%YTD: 3.27%2024: 11.05%

Performance for 2025 Q3 is 4.43%, and YTD is 3.27%, and 2024 is 11.05%.

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

In it's latest 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 4.43% in the last quarter. In trailing 12 months, it's portfolio return was 6.65%.

New Buys

Ticker	$ Bought
southstate bk corp	52,197,600
eastern bankshares inc	17,720,600
bank america corp	11,164,500
first merchants corp	11,110,900
prosperity bancshares inc	9,619,760
state str corp	7,888,680
m/i homes inc	7,735,200
first american finl corp	7,624,710

New stocks bought by FJ Capital Management LLC

Additions

Ticker	% Inc.
german amern bancorp inc	1,802
wesbanco inc	771
voya financial inc	671
wp carey inc	425
essential pptys rlty tr inc	405
annaly capital management in	250
carlyle group inc	171
hci group inc	163

Additions to existing portfolio by FJ Capital Management LLC

Reductions

Ticker	% Reduced
synchrony financial	-70.77
western alliance bancorp	-68.06
first svgs finl group inc	-67.66
fvcbankcorp inc	-64.93
p10 inc	-57.38
millrose pptys inc	-55.76
united cmnty bks blairsvle g	-50.94
independent bk corp mass	-41.67

FJ Capital Management LLC reduced stake in above stock

Sold off

Ticker	$ Sold
heritage comm corp	-23,283,100
banc of california inc	-19,184,400
southstate corporation	-64,637,700
essa bancorp inc	-13,288,600
riverview bancorp inc	-3,336,490
ameris bancorp	-38,970,100
citizens cmnty bancorp inc m	-5,294,450
mid penn bancorp inc	-9,269,480

FJ Capital Management LLC got rid off the above stocks

Sector Distribution

FJ Capital Management LLC has about 79.3% of it's holdings in Financial Services sector.

Sector	%
Financial Services	79.3
Others	11.6
Real Estate	6.7
Consumer Cyclical	1.9

Market Cap. Distribution

FJ Capital Management LLC has about 12.1% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
SMALL-CAP	35.8
MID-CAP	32.1
UNALLOCATED	11.6
LARGE-CAP	10.6
MICRO-CAP	8.4
MEGA-CAP	1.5

Stocks belong to which Index?

About 70.5% of the stocks held by FJ Capital Management LLC either belong to S&P 500 or RUSSELL 2000 index.

Index	%
RUSSELL 2000	58.9
Others	29.5
S&P 500	11.6

Top 5 Winners (%)		%
AMT	american tower corp new	197.9 %
	chain bridge bancorp inc	27.0 %
MCY	mercury genl corp new	17.6 %
FSFG	first svgs finl group inc	16.9 %
HCI	hci group inc	16.6 %

Top 5 Winners ($)		$
HTBI	hometrust bancshares inc	6.0 M
SFST	southern first bancshares	4.9 M
AMT	american tower corp new	4.5 M
SBCF	seacoast bkg corp fla	3.3 M
INDB	independent bk corp mass	3.2 M

Top 5 Losers (%)		%
DAVE	dave inc	-21.4 %
	skyward specialty ins group	-17.3 %
FIS	fidelity natl information sv	-16.1 %
BRO	brown & brown inc	-13.8 %
	marex group plc	-12.6 %

Top 5 Losers ($)		$
IBCP	independent bk corp mich	-0.9 M
OSBC	old second bancorp inc ill	-0.9 M
BRO	brown & brown inc	-0.7 M
SMBC	southern mo bancorp inc	-0.6 M
LNKB	linkbancorp inc	-0.6 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 142 stocks in it's portfolio. About 41.7% of the portfolio is in top 10 stocks. IBCP proved to be the most loss making stock for the portfolio. HTBI was the most profitable stock for FJ Capital Management LLC last quarter.

Last Reported on: 14 Nov, 2025

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABCB	ameris bancorp	0.00	0.00	0.00	sold off	-100

ABR	arbor realty trust inc	0.35	268,673	3,280,500	new

ACIW	aci worldwide	0.09	15,304	807,592	added	64.45

ADC	agree rlty	0.21	27,707	1,968,300	reduced	-7.99

ADP	automatic data processing in	0.03	787	230,985	new

AJG	gallagher arthur j & co	0.04	1,371	424,654	new

AKR	acadia rlty tr	0.44	205,209	4,134,960	added	128

ALL	allstate corp	0.00	0.00	0.00	sold off	-100

ALLY	ally finl inc	0.00	0.00	0.00	sold off	-100

AMBC	ambac finl group inc	0.00	0.00	0.00	sold off	-100

AMG	affiliated managers group in	0.06	2,557	609,665	new

AMP	ameriprise finl inc	0.00	0.00	0.00	sold off	-100

AMT	american tower corp new	0.72	3,507	6,744,660	added	99.49

AON	aon plc	0.16	4,176	1,489,080	new

APAM	artisan partners asset mgmt	0.12	25,129	1,090,600	added	43.27

ARES	ares management corporation	0.14	8,293	1,325,970	added	20.00

ARI	apollo coml real est fin inc	0.32	299,904	3,038,030	added	81.41

BAC	bank america corp	1.19	216,409	11,164,500	new

BANC	banc of california inc	0.00	0.00	0.00	sold off	-100

BDN	brandywine rlty tr	0.01	27,281	113,762	new