Portfolio concentration
As of March 31, 2026 · N-PORT
Holdings
40
Top-10 weight
48.51%
Effective holdings
?
The number of equal-weight positions that would produce this portfolio's concentration (1 ÷ Herfindahl index). A 500-stock fund dominated by a few mega-caps might have only ~100 effective holdings.
28
Crowding
?
The value-weighted average number of funds that also own this fund's positions. High = consensus/crowded picks; low = holdings few other funds own.
211.8
Holdings
As of March 31, 2026 · N-PORT| # | Security | Ticker | Shares | Value | % of fund |
|---|---|---|---|---|---|
| 1 | EQUITY BANCSHARES INC | — | 350,000 | $15.54M | 6.84% |
| 2 | ABACUS LIFE INC | — | 1,800,000 | $14.18M | 6.24% |
| 3 | PRIMIS FINANCIAL CORP | — | 1,002,491 | $13.31M | 5.86% |
| 4 | VERSABANK | VBNK | 805,084 | $11.41M | 5.02% |
| 5 | RENASANT CORP | — | 300,000 | $10.84M | 4.77% |
| 6 | NICOLET BANKSHARES INC | — | 70,000 | $10.40M | 4.58% |
| 7 | USCB FINANCIAL HOLDINGS INC | — | 527,094 | $9.77M | 4.30% |
| 8 | FIRST HORIZON CORP | — | 407,693 | $9.28M | 4.08% |
| 9 | ORIGIN BANCORP INC | — | 200,000 | $8.29M | 3.65% |
| 10 | COMMERCIAL BANCGROUP INC | — | 289,649 | $7.54M | 3.31% |
| 11 | COASTALSOUTH BANCSHARES INC | — | 302,951 | $7.45M | 3.28% |
| 12 | BUSINESS FIRST BANCSHARES INC | — | 250,000 | $6.76M | 2.97% |
| 13 | CIVISTA BANCSHARES INC | — | 282,190 | $6.43M | 2.83% |
| 14 | SOUTHERN CALIFORNIA BANCORP | — | 346,665 | $6.14M | 2.70% |
| 15 | FB FINANCIAL CORP | — | 115,000 | $5.97M | 2.63% |
| 16 | AVIDBANK HOLDINGS INC | — | 200,000 | $5.70M | 2.51% |
| 17 | AMERANT BANCORP INC | — | 250,000 | $5.51M | 2.42% |
| 18 | BERKSHIRE HILLS BANCORP INC | — | 170,000 | $5.10M | 2.24% |
| 19 | SIMMONS FIRST -A | — | 250,000 | $4.86M | 2.14% |
| 20 | FIRST WESTERN FINANCIAL INC | — | 196,656 | $4.83M | 2.13% |
| 21 | MECHANICS BANCORP | — | 318,769 | $4.70M | 2.07% |
| 22 | FIRSTSUN CAPITAL BANCORP | — | 121,325 | $4.42M | 1.95% |
| 23 | BANC OF CALIFORNIA INC | — | 250,000 | $4.40M | 1.93% |
| 24 | NORTHPOINTE BANCSHARES INC | — | 245,097 | $4.23M | 1.86% |
| 25 | BYLINE BANCORP INC | — | 125,000 | $3.95M | 1.74% |
| 26 | FIRST FOUNDATION INC/OLD | — | 658,386 | $3.88M | 1.71% |
| 27 | COASTAL FINANCIAL CORP/WA | — | 50,000 | $3.80M | 1.67% |
| 28 | FIRST MERCHANTS CORP | — | 95,000 | $3.68M | 1.62% |
| 29 | ATLANTIC UNION B | — | 100,000 | $3.57M | 1.57% |
| 30 | FINANCIAL INSTITUTIONS INC | — | 100,000 | $3.17M | 1.39% |
| 31 | SHORE BANCSHARES INC | — | 132,239 | $2.47M | 1.09% |
| 32 | PROVIDENT FINANCIAL SVCS INC | — | 115,000 | $2.43M | 1.07% |
| 33 | CENTRAL BANCOMPA | — | 100,000 | $2.40M | 1.05% |
| 34 | CARTER BANKSHARES INC | — | 92,392 | $2.15M | 0.95% |
| 35 | BRIDGEWATER BANCSHARES INC | — | 120,000 | $2.12M | 0.93% |
| 36 | OLD SECOND BNCRP | — | 100,000 | $2.02M | 0.89% |
| 37 | HOMETRUST BANCSHARES INC | — | 46,847 | $2.00M | 0.88% |
| 38 | AMERIS BANCORP | — | 25,500 | $1.99M | 0.87% |
| 39 | NBT BANCORP INC | — | 15,000 | $638.70K | 0.28% |
| 40 | FRST AM-GV OB-X | TMPXX | 556,973 | $556.97K | 0.24% |
| 41 | FB Financial Corp | — | -500 | $0 | 0.00% |
| 42 | Ameris Bancorp | — | -100 | -$14.00K | -0.01% |
| 43 | First Horizon Corp | — | -1,000 | -$30.00K | -0.01% |
| 44 | Atlantic Union Bankshares Corp | — | -250 | -$32.50K | -0.01% |
| 45 | Ameris Bancorp | — | -150 | -$44.62K | -0.02% |
| 46 | NICOLET BANKSHARES INC COMMON STOCK | — | -150 | -$48.75K | -0.02% |
| 47 | NICOLET BANKSHARES INC COMMON STOCK | — | -150 | -$88.50K | -0.04% |
| 48 | Coastal Financial Corp/WA | — | -200 | -$141.00K | -0.06% |
| 49 | Abacus Global Management Inc | — | -2,000 | -$240.00K | -0.11% |
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.