FJ Capital Management LLC 13F holdings, Q4 2025
Holdings as of December 31, 2025 · filings on SEC EDGAR · latest filing →
FJ Capital Management LLC disclosed 128 US equity positions worth $905.8m in its Q4 2025 13F filing. The largest position was SSB at 8.4% of the reported book, followed by HTB and EQBK. Against the Q3 2025 filing, it opened 8 new positions, added to 15 and reduced 18 among the top 50 holdings.
What did FJ Capital Management LLC own in Q4 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2025 |
|---|---|---|---|---|---|---|---|
| 1 | SSB SOUTHSTATE BK CORP | 8.4% | $76.5m | 813,033 | 54% | added | |
| 2 | HTB HOMETRUST BANCSHARES INC | Financial Services | 8.0% | $72.7m | 1,693,553 | 1% | added |
| 3 | EQBK EQUITY BANCSHARES INC | Financial Services | 6.0% | $54.7m | 1,225,687 | 0% | held |
| 4 | SBCF SEACOAST BKG CORP FLA | 4.7% | $42.8m | 1,361,677 | 13% | added | |
| 5 | SFST SOUTHERN FIRST BANCSHARES | Financial Services | 4.6% | $41.6m | 807,223 | 0% | held |
| 6 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 4.0% | $36.4m | 432,672 | 147% | added |
| 7 | OSBC OLD SECOND BANCORP INC ILL | Financial Services | 3.9% | $35.7m | 1,829,665 | -5% | reduced |
| 8 | RBB RBB BANCORP | 3.4% | $31.2m | 1,511,408 | 0% | held | |
| 9 | MOFG MIDWESTONE FINL GROUP INC NE | 3.4% | $30.7m | 797,816 | 0% | held | |
| 10 | WED WEBSTER FINL CORP | 2.7% | $24.2m | 384,743 | -38% | reduced | |
| 11 | FRME FIRST MERCHANTS CORP | Financial Services | 2.6% | $23.7m | 633,668 | 115% | added |
| 12 | BCAL CALIFORNIA BANCORP | 2.6% | $23.7m | 1,271,636 | 0% | held | |
| 13 | USB US BANCORP DEL | Financial Services | 2.2% | $19.9m | 373,433 | 7% | added |
| 14 | HBNC HORIZON BANCORP INC | Financial Services | 2.0% | $18.4m | 1,083,840 | 310% | added |
| 15 | SMBC SOUTHERN MO BANCORP INC | Financial Services | 2.0% | $17.8m | 300,944 | 0% | held |
| 16 | EBC EASTERN BANKSHARES INC | Financial Services | 1.9% | $17.1m | 926,841 | -5% | reduced |
| 17 | INDB INDEPENDENT BK CORP MASS | Financial Services | 1.9% | $16.8m | 230,533 | -39% | reduced |
| 18 | ONB OLD NATL BANCORP IND | Financial Services | 1.8% | $16.0m | 717,018 | -8% | reduced |
| 19 | ZION ZIONS BANCORPORATION N A | Financial Services | 1.5% | $14.0m | 239,124 | -11% | reduced |
| 20 | MS MORGAN STANLEY | Financial Services | 1.5% | $13.3m | 74,759 | – | new |
| 21 | IBCP INDEPENDENT BK CORP MICH | Financial Services | 1.4% | $12.5m | 385,088 | -30% | reduced |
| 22 | WSBC WESBANCO INC | Financial Services | 1.3% | $11.5m | 347,136 | -47% | reduced |
| 23 | QCRH QCR HOLDINGS INC | Financial Services | 1.2% | $11.1m | 132,898 | -40% | reduced |
| 24 | CBNA CHAIN BRIDGE BANCORP INC | 1.1% | $10.2m | 293,788 | 0% | held | |
| 25 | AVBC AVIDIA BANCORP INC | 0.9% | $8.4m | 497,258 | 0% | held | |
| 26 | JMSB JOHN MARSHALL BANCORP INC | 0.9% | $8.3m | 412,945 | -4% | reduced | |
| 27 | SKWD SKYWARD SPECIALTY INS GROUP | 0.8% | $7.4m | 144,736 | 468% | added | |
| 28 | SF STIFEL FINL CORP | Financial Services | 0.8% | $7.3m | 58,497 | 125% | added |
| 29 | NMRK NEWMARK GROUP INC | Real Estate | 0.8% | $7.3m | 418,973 | 402% | added |
| 30 | THG HANOVER INS GROUP INC | Financial Services | 0.8% | $6.8m | 37,427 | -43% | reduced |
| 31 | HWBK HAWTHORN BANCSHARES INC | 0.7% | $6.7m | 190,710 | 0% | held | |
| 32 | TOWN TOWNEBANK PORTSMOUTH VA | Financial Services | 0.7% | $6.1m | 182,586 | -18% | reduced |
| 33 | XZO EXZEO GROUP INC | 0.6% | $5.8m | 237,856 | – | new | |
| 34 | CINF CINCINNATI FINL CORP | Financial Services | 0.6% | $5.4m | 32,836 | -26% | reduced |
| 35 | CME CME GROUP INC | Financial Services | 0.6% | $5.2m | 19,187 | 256% | added |
| 36 | CVBF CVB FINL CORP | Financial Services | 0.6% | $5.1m | 275,132 | – | new |
| 37 | AKR ACADIA RLTY TR | Real Estate | 0.6% | $5.1m | 247,622 | 21% | added |
| 38 | LNKB LINKBANCORP INC | 0.5% | $4.9m | 596,930 | -80% | reduced | |
| 39 | GL GLOBE LIFE INC | Financial Services | 0.5% | $4.9m | 35,065 | 36% | added |
| 40 | RGA REINSURANCE GRP OF AMERICA I | Financial Services | 0.5% | $4.8m | 23,361 | 4% | added |
| 41 | RPC P10 INC | 0.5% | $4.5m | 457,474 | 194% | added | |
| 42 | TCBK TRICO BANCSHARES | Financial Services | 0.5% | $4.4m | 92,492 | – | new |
| 43 | GABC GERMAN AMERN BANCORP INC | Financial Services | 0.5% | $4.3m | 109,019 | -3% | reduced |
| 44 | WLTH WEALTHFRONT CORP | 0.5% | $4.3m | 314,187 | – | new | |
| 45 | LXP LXP INDUSTRIAL TRUST | 0.5% | $4.1m | 83,499 | – | new | |
| 46 | JLL JONES LANG LASALLE INC | Real Estate | 0.4% | $4.0m | 11,774 | -53% | reduced |
| 47 | WELL WELLTOWER INC | Real Estate | 0.4% | $3.9m | 20,975 | -27% | reduced |
| 48 | HYNE HOYNE BANCORP INC | 0.4% | $3.8m | 261,000 | – | new | |
| 49 | PFSI PENNYMAC FINL SVCS INC NEW | Financial Services | 0.4% | $3.8m | 28,562 | -45% | reduced |
| 50 | ETOR ETORO GROUP LTD | Financial Services | 0.4% | $3.7m | 104,861 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.