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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 6 of 7  ·  126 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 VRE VERIS RESIDENTIAL Real Estate 24,246.0 $458K 0.05% NEW $18.87 +0.5%
102 CUBE CUBESMART Real Estate 12,089.0 $443K 0.05% NEW $36.65 +8.2%
103 SIGI SELECTIVE INSURANCE GROUP Financial Services 5,663.0 $427K 0.05% NEW $75.39 +14.0%
104 CDP COPT DEFENSE PPTYS Real Estate 13,900.0 $425K 0.05% NEW $30.60 +3.6%
105 MKL MARKEL GROUP Financial Services 202.0 $387K 0.04% NEW $1914.07 -3.6%
106 UHT UNIVERSAL HEALTH RLTY INCOME TR Real Estate 9,409.0 $381K 0.04% $40.47 +0.7%
107 GNW GENWORTH FINL Financial Services 46,118.0 $374K 0.04% NEW $8.12 +13.1%
108 JHG JANUS HENDERSON GROUP PLC Financial Services 7,224.0 $371K 0.04% -5K -40.2% $51.37 +0.6%
109 HLNE HAMILTON LANE CL A Financial Services 3,634.0 $361K 0.04% NEW $99.40 -11.9%
110 XHR XENIA HOTELS & RESORTS Real Estate 23,462.0 $348K 0.04% NEW $14.83 +10.6%
111 CG CARLYLE GROUP Financial Services 7,055.0 $341K 0.04% NEW $48.39 -0.8%
112 BNL BROADSTONE NET LEASE Real Estate 14,817.0 $271K 0.03% $18.27 +8.9%
113 BFH BREAD FINL HLDGS Financial Services 3,466.0 $260K 0.03% +749.0 +27.6% $74.89 +15.8%
114 VOYA VOYA FINL Financial Services 3,501.0 $239K 0.03% -32K -90.1% $68.32 +19.7%
115 VTR VENTAS Real Estate 2,842.0 $232K 0.03% -4K -55.5% $81.78 +10.0%
116 JXN JACKSON FINL CL A Financial Services 2,148.0 $227K 0.03% -589.0 -21.5% $105.72 +5.3%
117 PYPL PAYPAL HLDGS Financial Services 4,977.0 $225K 0.03% NEW $45.23 -0.4%
118 EQR EQUITY RESIDENTIAL Real Estate 3,770.0 $223K 0.03% -14K -79.0% $59.15 +9.9%
119 TRV TRAVELERS COMPANIES Financial Services 754.0 $220K 0.03% NEW $291.68 +2.3%
120 NTST NETSTREIT Real Estate 10,966.0 $206K 0.02% -18K -62.4% $18.83 +9.1%
Page 6 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%