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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 4 of 7  ·  126 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 AHR AMERICAN HEALTHCARE REIT Real Estate 58,592.0 $2.8M 0.31% +8K +15.3% $47.16 +4.6%
62 PNC PNC FINL SERVICES GROUP Financial Services 12,467.0 $2.6M 0.29% NEW $208.09 +2.6%
63 AUB ATLANTIC UNION BANKSHARES Financial Services 72,243.0 $2.6M 0.29% NEW $35.74 +1.7%
64 FR FIRST INDL RLTY TR Real Estate 42,501.0 $2.5M 0.28% -4K -8.4% $57.85 +6.0%
65 ADC AGREE RLTY Real Estate 31,696.0 $2.4M 0.27% -4K -11.6% $75.38 -1.2%
66 CTO CTO RLTY GROWTH Real Estate 116,343.0 $2.2M 0.24% +27K +29.7% $18.49 +8.6%
67 MSC INCOME FUND 171,058.0 $2.1M 0.23% NEW $12.18
68 AKR ACADIA RLTY TR Real Estate 106,677.0 $2.0M 0.23% -141K -56.9% $19.12 +9.4%
69 HOOD ROBINHOOD MARKETS CL A Financial Services 29,263.0 $2.0M 0.23% NEW $69.30 +16.5%
70 BEN FRANKLIN RES Financial Services 85,724.0 $2.0M 0.23% NEW $23.62 +34.8%
71 AXS AXIS CAPITAL HLDGS Financial Services 19,825.0 $2.0M 0.23% +15K +303.4% $101.41 -2.3%
72 RGA REINSURANCE GROUP OF AMERICA Financial Services 9,722.0 $2.0M 0.22% -14K -58.4% $204.16 +3.4%
73 UNM UNUM GROUP Financial Services 26,346.0 $1.9M 0.22% NEW $73.03 +10.8%
74 TOL TOLL BROTHERS Consumer Cyclical 11,874.0 $1.6M 0.18% NEW $136.47 -3.3%
75 EGP EASTGROUP PPTYS Real Estate 7,930.0 $1.5M 0.17% +3K +65.6% $185.09 +9.3%
76 SNDA SONIDA SENIOR LIVING Healthcare 45,472.0 $1.5M 0.17% NEW $32.25 +19.6%
77 DAVE CL A 8,280.0 $1.4M 0.16% +6K +354.9% $174.09
78 GL GLOBE LIFE Financial Services 10,347.0 $1.4M 0.16% -25K -70.5% $139.17 +11.0%
79 BRX BRIXMOR PPTY GROUP Real Estate 46,798.0 $1.3M 0.15% NEW $28.80 +1.5%
80 MAA MID-AMERICA APARTMENT COMMUNITIES Real Estate 10,932.0 $1.3M 0.15% -180.0 -1.6% $122.12 +4.2%
Page 4 of 7  ·  126 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%