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Portfolio (Quarterly) Guide ↗

FJ Capital Management LLC

· CIK 0001599170
13F Portfolio $888.1B AUM 126 positions Filed May 15, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 50 New 32 Added 33 Reduced 52 Exited
Page 1 of 2  ·  33 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
1 SOUTHSTATE BANK 778,627.0 $72.0M 8.11% -34K -4.2% $92.52
2 HOMETRUST BANCSHARES 1,554,425.0 $66.3M 7.46% -139K -8.2% $42.65
3 EQBK EQUITY BANCSHARES CL A Financial Services 921,074.0 $40.9M 4.61% -305K -24.9% $44.41 +1.0%
4 OSBC OLD SECOND BANCORP Financial Services 1,505,102.0 $30.3M 3.42% -325K -17.7% $20.16 +2.7%
5 SBCF SEACOAST BANKING OF FLORIDA Financial Services 906,053.0 $27.4M 3.09% -456K -33.5% $30.29 +0.1%
6 SMBC SOUTHERN MISSOURI BANCORP Financial Services 202,427.0 $12.9M 1.46% -99K -32.7% $63.94 +5.7%
7 INDB INDEPENDENT BANK GROUP MA Financial Services 165,653.0 $12.5M 1.40% -65K -28.1% $75.21 +2.3%
8 MS MORGAN STANLEY Financial Services 56,089.0 $9.2M 1.04% -19K -25.0% $164.57 +18.2%
9 WSBC WESBANCO Financial Services 243,843.0 $8.4M 0.95% -103K -29.8% $34.49 -3.5%
10 IBCP INDEPENDENT BANK MICH Financial Services 203,607.0 $6.8M 0.76% -181K -47.1% $33.30 +0.0%
11 USB U S BANCORP Financial Services 98,115.0 $5.1M 0.57% -275K -73.7% $52.01 +2.7%
12 SKYWARD SPECIALTY INSURANCE GROUP 94,379.0 $4.1M 0.46% -50K -34.8% $43.68
13 THG HANOVER INSURANCE GROUP Financial Services 22,535.0 $3.9M 0.44% -15K -39.8% $173.35 +10.7%
14 WELL WELLTOWER Real Estate 19,277.0 $3.8M 0.43% -2K -8.1% $197.71 +10.1%
15 IVT INVENTRUST PPTYS Real Estate 111,953.0 $3.4M 0.38% -12K -10.0% $30.46 +2.8%
16 QCRH QCR HLDGS Financial Services 32,601.0 $2.8M 0.31% -100K -75.5% $85.45 +4.0%
17 FR FIRST INDL RLTY TR Real Estate 42,501.0 $2.5M 0.28% -4K -8.4% $57.85 +6.0%
18 ADC AGREE RLTY Real Estate 31,696.0 $2.4M 0.27% -4K -11.6% $75.38 -1.2%
19 AKR ACADIA RLTY TR Real Estate 106,677.0 $2.0M 0.23% -141K -56.9% $19.12 +9.4%
20 RGA REINSURANCE GROUP OF AMERICA Financial Services 9,722.0 $2.0M 0.22% -14K -58.4% $204.16 +3.4%
Page 1 of 2  ·  33 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 91.5%
Real Estate 7.1%
Consumer Cyclical 0.8%
Healthcare 0.3%
Technology 0.1%
Industrials 0.1%