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BANC FUNDS CO LLC

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13F filer, CIK 1029311, CHICAGO, IL

BANC FUNDS CO LLC reported $537,191,828 across 97 holdings for the quarter ended 2026-03-31, in a 13F-HR filed 2026-05-14. Its ten largest share positions make up 30.39% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001029311-26-000046

Period
2026-03-31
Reported value
$537M
Holdings
97
Top 10 weight
30.39%
New
5
Sold out
6

Largest buys vs the previous quarter

SecurityShares changeApprox. value
BSFOnew+115,072$4.32M
CBSHnew+86,774$4.27M
FRBAadded+205,766$3.29M
ALRSadded+134,198$3.18M
OSBCadded+123,953$2.5M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
FINEMARK HOLDINGS INCexited-219,426-$8.35M
FBKreduced-98,000-$5.09M
Prime Meridian Holding Comp…exited-76,418-$4.33M
UBABexited-37,117-$1.97M
SMBKreduced-50,500-$1.97M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2026

Share positions as resolved from 13F-HR 0001029311-26-000046, largest first. % of portfolio is the value over $537,191,828, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
PBAMPRIVATE BANCORP OF AMER INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 411,565 shares; 2024Q4: 386,706 shares; 2025Q1: 358,352 shares; 2025Q2: 332,531 shares; 2025Q3: 280,502 shares; 2025Q4: 283,759 shares; 2026Q1: 309,859 shares 309,859$21.1M3.92%+26,100Timeline
OSBCOLD SECOND BANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,754,288 shares; 2024Q4: 1,616,078 shares; 2025Q1: 1,284,578 shares; 2025Q2: 1,157,378 shares; 2025Q3: 1,006,378 shares; 2025Q4: 905,190 shares; 2026Q1: 1,029,143 shares 1,029,143$20.7M3.86%+123,953Timeline
UNTYUNITY BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 840,044 shares; 2024Q4: 715,044 shares; 2025Q1: 604,944 shares; 2025Q2: 524,218 shares; 2025Q3: 441,218 shares; 2025Q4: 375,469 shares; 2026Q1: 375,469 shares 375,469$19.5M3.62%0Timeline
AVBHAVIDBANK HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 713,197 shares; 2024Q4: 718,797 shares; 2025Q1: 735,277 shares; 2025Q2: 670,039 shares; 2025Q3: 677,719 shares; 2025Q4: 596,430 shares; 2026Q1: 665,100 shares 665,100$19M3.53%+68,670Timeline
AMBZAMERICAN BUSINESS BANK LA CALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 570,335 shares; 2024Q4: 555,133 shares; 2025Q1: 481,822 shares; 2025Q2: 347,447 shares; 2025Q3: 289,029 shares; 2025Q4: 260,773 shares; 2026Q1: 245,773 shares 245,773$17.4M3.25%-15,000Timeline
BCALCALIFORNIA BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,412,186 shares; 2024Q4: 1,330,365 shares; 2025Q1: 1,181,878 shares; 2025Q2: 993,400 shares; 2025Q3: 835,480 shares; 2025Q4: 766,155 shares; 2026Q1: 831,155 shares 831,155$14.7M2.74%+65,000Timeline
FRBAFIRST BK WILLIAMSTOWN NEW JEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,504,192 shares; 2024Q4: 1,499,192 shares; 2025Q1: 1,203,049 shares; 2025Q2: 991,249 shares; 2025Q3: 776,059 shares; 2025Q4: 658,439 shares; 2026Q1: 864,205 shares 864,205$13.8M2.57%+205,766Timeline
WCCBWEST COAST COMMUNITY BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 466,527 shares; 2024Q4: 500,988 shares; 2025Q1: 427,642 shares; 2025Q2: 363,820 shares; 2025Q3: 301,055 shares; 2025Q4: 273,451 shares; 2026Q1: 276,651 shares 276,651$13.1M2.45%+3,200Timeline
MBINMERCHANTS BANCORP INDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 389,615 shares; 2024Q4: 400,615 shares; 2025Q1: 385,915 shares; 2025Q2: 385,790 shares; 2025Q3: 340,690 shares; 2025Q4: 244,462 shares; 2026Q1: 281,062 shares 281,062$12.1M2.25%+36,600Timeline
MCBMETROPOLITAN BK HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 240,254 shares; 2024Q4: 243,254 shares; 2025Q1: 232,254 shares; 2025Q2: 159,054 shares; 2025Q3: 146,736 shares; 2025Q4: 128,821 shares; 2026Q1: 142,221 shares 142,221$11.8M2.21%+13,400Timeline
MNSBMAINSTREET BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 651,014 shares; 2024Q4: 651,014 shares; 2025Q1: 651,014 shares; 2025Q2: 651,014 shares; 2025Q3: 573,373 shares; 2025Q4: 421,981 shares; 2026Q1: 530,941 shares 530,941$11.8M2.19%+108,960Timeline
FRSTPRIMIS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,713,963 shares; 2024Q4: 1,713,963 shares; 2025Q1: 1,601,360 shares; 2025Q2: 1,369,088 shares; 2025Q3: 892,422 shares; 2025Q4: 788,761 shares; 2026Q1: 872,961 shares 872,961$11.6M2.16%+84,200Timeline
TCBITEXAS CAP BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 231,205 shares; 2024Q4: 231,205 shares; 2025Q1: 179,205 shares; 2025Q2: 149,205 shares; 2025Q3: 133,205 shares; 2025Q4: 119,762 shares; 2026Q1: 119,762 shares 119,762$11.4M2.12%0Timeline
ALPIBALPINE BKS COLO CL B COM (CO)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 346,490 shares; 2024Q4: 344,490 shares; 2025Q1: 322,498 shares; 2025Q2: 315,338 shares; 2025Q3: 275,198 shares; 2025Q4: 237,315 shares; 2026Q1: 204,321 shares 204,321$9.77M1.82%-32,994Timeline
PGCPEAPACK-GLADSTONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 602,799 shares; 2024Q4: 580,799 shares; 2025Q1: 473,399 shares; 2025Q2: 462,399 shares; 2025Q3: 315,099 shares; 2025Q4: 297,747 shares; 2026Q1: 273,947 shares 273,947$9.65M1.8%-23,800Timeline
SFSTSOUTHERN FIRST BANCSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 370,243 shares; 2024Q4: 319,035 shares; 2025Q1: 299,920 shares; 2025Q2: 286,704 shares; 2025Q3: 205,874 shares; 2025Q4: 171,655 shares; 2026Q1: 171,655 shares 171,655$9.36M1.74%0Timeline
BANCBANC OF CALIFORNIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,053,629 shares; 2024Q4: 1,053,629 shares; 2025Q1: 986,629 shares; 2025Q2: 741,545 shares; 2025Q3: 615,764 shares; 2025Q4: 519,738 shares; 2026Q1: 519,738 shares 519,738$9.14M1.7%0Timeline
FBIZFIRST BUSINESS FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 401,626 shares; 2024Q4: 333,443 shares; 2025Q1: 274,277 shares; 2025Q2: 264,477 shares; 2025Q3: 193,524 shares; 2025Q4: 166,224 shares; 2026Q1: 166,224 shares 166,224$8.96M1.67%0Timeline
MYFWFIRST WESTN FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 722,320 shares; 2024Q4: 636,177 shares; 2025Q1: 636,177 shares; 2025Q2: 490,521 shares; 2025Q3: 414,629 shares; 2025Q4: 346,090 shares; 2026Q1: 348,404 shares 348,404$8.56M1.59%+2,314Timeline
CBANCOLONY BANKCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 983,813 shares; 2024Q4: 870,859 shares; 2025Q1: 700,359 shares; 2025Q2: 621,159 shares; 2025Q3: 540,245 shares; 2025Q4: 427,478 shares; 2026Q1: 419,478 shares 419,478$8.38M1.56%-8,000Timeline
CNOBCONNECTONE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 489,086 shares; 2024Q4: 479,086 shares; 2025Q1: 475,086 shares; 2025Q2: 342,186 shares; 2025Q3: 241,186 shares; 2025Q4: 227,795 shares; 2026Q1: 310,195 shares 310,195$8.3M1.55%+82,400Timeline
ALRSALERUS FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 543,586 shares; 2024Q4: 510,299 shares; 2025Q1: 451,641 shares; 2025Q2: 398,538 shares; 2025Q3: 282,453 shares; 2025Q4: 214,967 shares; 2026Q1: 349,165 shares 349,165$8.28M1.54%+134,198Timeline
ISTRINVESTAR HOLDING CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 583,925 shares; 2024Q4: 522,117 shares; 2025Q1: 510,906 shares; 2025Q2: 480,906 shares; 2025Q3: 371,102 shares; 2025Q4: 306,896 shares; 2026Q1: 306,896 shares 306,896$8.2M1.53%0Timeline
MCBIMOUNTAIN COMM BANCORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 572,510 shares; 2024Q4: 572,510 shares; 2025Q1: 512,310 shares; 2025Q2: 464,783 shares; 2025Q3: 356,864 shares; 2025Q4: 351,330 shares; 2026Q1: 351,330 shares 351,330$8M1.49%0Timeline
BRBSBLUE RIDGE BANKSHARES INC VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 2,130,722 shares; 2024Q4: 2,634,722 shares; 2025Q1: 2,506,902 shares; 2025Q2: 2,341,902 shares; 2025Q3: 2,144,949 shares; 2025Q4: 2,029,033 shares; 2026Q1: 1,889,033 shares 1,889,033$7.93M1.48%-140,000Timeline
MRBKMERIDIAN CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 829,153 shares; 2024Q4: 761,309 shares; 2025Q1: 659,104 shares; 2025Q2: 600,415 shares; 2025Q3: 452,838 shares; 2025Q4: 320,919 shares; 2026Q1: 369,333 shares 369,333$7M1.3%+48,414Timeline
TFINTRIUMPH FINANCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 264,243 shares; 2024Q4: 222,894 shares; 2025Q1: 192,394 shares; 2025Q2: 189,394 shares; 2025Q3: 139,845 shares; 2025Q4: 117,136 shares; 2026Q1: 117,136 shares 117,136$6.99M1.3%0Timeline
MPBMID PENN BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 362,552 shares; 2024Q4: 412,552 shares; 2025Q1: 412,552 shares; 2025Q2: 375,786 shares; 2025Q3: 207,982 shares; 2025Q4: 207,982 shares; 2026Q1: 207,982 shares 207,982$6.69M1.25%0Timeline
MBWMMERCANTILE BK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 305,847 shares; 2024Q4: 244,452 shares; 2025Q1: 215,452 shares; 2025Q2: 195,152 shares; 2025Q3: 160,252 shares; 2025Q4: 130,841 shares; 2026Q1: 131,160 shares 131,160$6.62M1.23%+319Timeline
CCNBCOASTAL CAROLINA BANCSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 304,492 shares; 2024Q4: 305,596 shares; 2025Q1: 357,232 shares; 2025Q2: 324,238 shares; 2025Q3: 329,002 shares; 2025Q4: 466,771 shares; 2026Q1: 466,771 shares 466,771$6.49M1.21%0Timeline
CCNECNB FINL CORP PAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 481,576 shares; 2024Q4: 426,776 shares; 2025Q1: 401,776 shares; 2025Q2: 406,776 shares; 2025Q3: 271,776 shares; 2025Q4: 217,175 shares; 2026Q1: 222,375 shares 222,375$6.44M1.2%+5,200Timeline
TCBXTHIRD COAST BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 432,745 shares; 2024Q4: 315,267 shares; 2025Q1: 268,649 shares; 2025Q2: 215,383 shares; 2025Q3: 179,383 shares; 2025Q4: 157,506 shares; 2026Q1: 169,064 shares 169,064$6.4M1.19%+11,558Timeline
BFSTBUSINESS FIRST BANCSHARES INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 462,494 shares; 2024Q4: 478,494 shares; 2025Q1: 408,145 shares; 2025Q2: 347,116 shares; 2025Q3: 269,264 shares; 2025Q4: 190,549 shares; 2026Q1: 234,257 shares 234,257$6.33M1.18%+43,708Timeline
OBTORANGE CNTY BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 287,872 shares; 2024Q4: 238,025 shares; 2025Q1: 433,632 shares; 2025Q2: 329,956 shares; 2025Q3: 247,853 shares; 2025Q4: 197,536 shares; 2026Q1: 197,536 shares 197,536$6.32M1.18%0Timeline
FSUNFIRSTSUN CAP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 221,396 shares; 2024Q4: 221,396 shares; 2025Q1: 187,705 shares; 2025Q2: 163,705 shares; 2025Q3: 162,705 shares; 2025Q4: 168,489 shares; 2026Q1: 168,489 shares 168,489$6.14M1.14%0Timeline
SMBKSMARTFINANCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 514,713 shares; 2024Q4: 362,433 shares; 2025Q1: 294,911 shares; 2025Q2: 200,587 shares; 2025Q3: 200,587 shares; 2025Q4: 200,587 shares; 2026Q1: 150,087 shares 150,087$5.87M1.09%-50,500Timeline
UBFOUNITED SEC BANCSHARES CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 573,139 shares; 2024Q4: 573,139 shares; 2025Q1: 545,672 shares; 2025Q2: 536,316 shares; 2025Q3: 536,316 shares; 2025Q4: 536,316 shares; 2026Q1: 532,316 shares 532,316$5.59M1.04%-4,000Timeline
BPRNPRINCETON BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 340,716 shares; 2024Q4: 314,428 shares; 2025Q1: 315,428 shares; 2025Q2: 153,926 shares; 2025Q3: 153,926 shares; 2025Q4: 153,926 shares; 2026Q1: 153,926 shares 153,926$5.2M0.97%0Timeline
STBKSTUDIO FINL HLDGS INC COM(TN)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 344,415 shares; 2024Q4: 409,215 shares; 2025Q1: 409,215 shares; 2025Q2: 425,956 shares; 2025Q3: 425,956 shares; 2025Q4: 425,956 shares; 2026Q1: 429,056 shares 429,056$5.19M0.97%+3,100Timeline
BSVNBANK7 CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 305,136 shares; 2024Q4: 232,036 shares; 2025Q1: 171,836 shares; 2025Q2: 128,519 shares; 2025Q3: 128,519 shares; 2025Q4: 128,519 shares; 2026Q1: 128,519 shares 128,519$5.13M0.95%0Timeline
FSRLFIRST RELIANCE BANCSHARES, INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 537,984 shares; 2024Q4: 558,884 shares; 2025Q1: 495,884 shares; 2025Q2: 493,284 shares; 2025Q3: 350,913 shares; 2025Q4: 350,913 shares; 2026Q1: 341,313 shares 341,313$4.74M0.88%-9,600Timeline
WRIVWHITE RIV BANCSHARES CO COM (AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 137,422 shares; 2024Q4: 137,422 shares; 2025Q1: 99,000 shares; 2025Q2: 99,000 shares; 2025Q3: 89,000 shares; 2025Q4: 89,000 shares; 2026Q1: 89,000 shares 89,000$4.72M0.88%0Timeline
BWFGBANKWELL FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 282,623 shares; 2024Q4: 249,423 shares; 2025Q1: 159,377 shares; 2025Q2: 126,377 shares; 2025Q3: 108,423 shares; 2025Q4: 96,423 shares; 2026Q1: 96,423 shares 96,423$4.68M0.87%0Timeline
FCPBFIRST CAPITAL BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 382,816 shares; 2024Q4: 382,816 shares; 2025Q1: 368,316 shares; 2025Q2: 368,316 shares; 2025Q3: 360,816 shares; 2025Q4: 360,816 shares; 2026Q1: 358,995 shares 358,995$4.38M0.81%-1,821Timeline
BSFOBANK SAN FRANCISCO CALIF NEW CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 115,072 shares 115,072$4.32M0.8%newTimeline
CBSHCOMMERCE BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 86,774 shares 86,774$4.27M0.79%newTimeline
RCBCRIVER CITY BK SACRAMENTO CALQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 22,168 shares; 2024Q4: 20,171 shares; 2025Q1: 19,837 shares; 2025Q2: 13,720 shares; 2025Q3: 12,559 shares; 2025Q4: 100,770 shares; 2026Q1: 101,590 shares 101,590$4.27M0.79%+820Timeline
CZWICITIZENS CMNTY BANCORP INC MQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 559,970 shares; 2024Q4: 508,221 shares; 2025Q1: 468,742 shares; 2025Q2: 411,996 shares; 2025Q3: 246,286 shares; 2025Q4: 246,286 shares; 2026Q1: 206,055 shares 206,055$4.08M0.76%-40,231Timeline
SABKSOUTH ATLANTIC BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 379,689 shares; 2024Q4: 366,635 shares; 2025Q1: 308,952 shares; 2025Q2: 179,496 shares; 2025Q3: 179,496 shares; 2025Q4: 179,496 shares; 2026Q1: 179,396 shares 179,396$4.07M0.76%-100Timeline
Oregon Pacific BancorpOregon Pacific BancorpQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 661,386 shares; 2024Q4: 661,386 shares; 2025Q1: 644,986 shares; 2025Q2: 631,086 shares; 2025Q3: 384,086 shares; 2025Q4: 361,932 shares; 2026Q1: 361,932 shares 361,932$3.97M0.74%0
AMTBAMERANT BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 160,000 shares; 2024Q4: 160,000 shares; 2025Q1: 165,000 shares; 2025Q2: 170,000 shares; 2025Q3: 170,000 shares; 2025Q4: 180,000 shares; 2026Q1: 180,000 shares 180,000$3.97M0.74%0Timeline
CMHFCOMMUNITY HERITAGE FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 203,558 shares; 2024Q4: 203,558 shares; 2025Q1: 191,558 shares; 2025Q2: 143,258 shares; 2025Q3: 130,258 shares; 2025Q4: 95,982 shares; 2026Q1: 125,424 shares 125,424$3.89M0.72%+29,442Timeline
BLHKBlueHarbor Bank (NC) Common StQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 106,602 shares; 2024Q4: 106,602 shares; 2025Q1: 106,602 shares; 2025Q2: 96,602 shares; 2025Q3: 96,602 shares; 2025Q4: 96,602 shares; 2026Q1: 96,402 shares 96,402$3.86M0.72%-200Timeline
BSRRSIERRA BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 369,283 shares; 2024Q4: 226,731 shares; 2025Q1: 153,831 shares; 2025Q2: 121,424 shares; 2025Q3: 121,424 shares; 2025Q4: 121,424 shares; 2026Q1: 113,255 shares 113,255$3.84M0.72%-8,169Timeline
FNRNFIRST NORTHN CMNTY BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 840,537 shares; 2024Q4: 840,537 shares; 2025Q1: 882,564 shares; 2025Q2: 715,588 shares; 2025Q3: 423,238 shares; 2025Q4: 301,697 shares; 2026Q1: 234,181 shares 234,181$3.72M0.69%-67,516Timeline
SBKOSUMMIT BK GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 190,501 shares; 2024Q4: 190,501 shares; 2025Q1: 190,501 shares; 2025Q2: 190,501 shares; 2025Q3: 190,501 shares; 2025Q4: 190,501 shares; 2026Q1: 190,501 shares 190,501$3.71M0.69%0Timeline
SHBISHORE BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 461,954 shares; 2024Q4: 398,809 shares; 2025Q1: 403,809 shares; 2025Q2: 303,809 shares; 2025Q3: 239,894 shares; 2025Q4: 204,563 shares; 2026Q1: 195,563 shares 195,563$3.65M0.68%-9,000Timeline
LNKBLINKBANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 864,241 shares; 2024Q4: 831,094 shares; 2025Q1: 623,533 shares; 2025Q2: 623,533 shares; 2025Q3: 537,657 shares; 2025Q4: 401,593 shares; 2026Q1: 401,593 shares 401,593$3.35M0.62%0Timeline
INBKFIRST INTERNET BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 364,296 shares; 2024Q4: 364,296 shares; 2025Q1: 350,296 shares; 2025Q2: 350,296 shares; 2025Q3: 276,396 shares; 2025Q4: 162,176 shares; 2026Q1: 162,176 shares 162,176$3.31M0.62%0Timeline
FVCBFVCBANKCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 280,121 shares; 2024Q4: 280,121 shares; 2025Q1: 269,121 shares; 2025Q2: 214,088 shares; 2025Q3: 214,088 shares; 2025Q4: 214,088 shares; 2026Q1: 214,088 shares 214,088$3.25M0.61%0Timeline
FSBCFIVE STAR BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 148,919 shares; 2024Q4: 148,919 shares; 2025Q1: 124,919 shares; 2025Q2: 95,919 shares; 2025Q3: 95,919 shares; 2025Q4: 95,919 shares; 2026Q1: 85,919 shares 85,919$3.24M0.6%-10,000Timeline
BUSEFIRST BUSEY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 430,929 shares; 2025Q2: 405,929 shares; 2025Q3: 331,729 shares; 2025Q4: 75,577 shares; 2026Q1: 127,077 shares 127,077$3.21M0.6%+51,500Timeline
Endeavor BancorpEndeavor BancorpQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 83,891 shares; 2024Q4: 104,091 shares; 2025Q1: 104,091 shares; 2025Q2: 101,072 shares; 2025Q3: 101,072 shares; 2025Q4: 101,072 shares; 2026Q1: 167,738 shares 167,738$2.74M0.51%+66,666
SSBISUMMIT ST BK SANTA ROSA CALIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 429,395 shares; 2024Q4: 429,395 shares; 2025Q1: 429,395 shares; 2025Q2: 385,128 shares; 2025Q3: 323,108 shares; 2025Q4: 193,227 shares; 2026Q1: 199,227 shares 199,227$2.66M0.5%+6,000Timeline
FFWMFIRST FNDTN INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 1,353,054 shares; 2024Q4: 1,306,054 shares; 2025Q1: 1,306,054 shares; 2025Q2: 1,143,054 shares; 2025Q3: 642,158 shares; 2025Q4: 432,396 shares; 2026Q1: 432,396 shares 432,396$2.55M0.47%0Timeline
EFSIEAGLE FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 65,000 shares; 2025Q2: 65,000 shares; 2025Q3: 65,000 shares; 2025Q4: 65,000 shares; 2026Q1: 65,000 shares 65,000$2.27M0.42%0Timeline
MVBFMVB FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 109,189 shares; 2024Q4: 109,189 shares; 2025Q1: 109,189 shares; 2025Q2: 62,789 shares; 2025Q3: 35,044 shares; 2025Q4: 35,044 shares; 2026Q1: 91,244 shares 91,244$2.27M0.42%+56,200Timeline
CBNKCAPITAL BANCORP INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 24,022 shares; 2024Q4: 24,022 shares; 2025Q1: 24,022 shares; 2025Q2: 14,400 shares; 2025Q3: 14,400 shares; 2025Q4: 21,400 shares; 2026Q1: 75,300 shares 75,300$2.24M0.42%+53,900Timeline
CBWACOMMENCEMENT BANCORP INC (WA)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 256,860 shares; 2024Q4: 203,360 shares; 2025Q1: 165,960 shares; 2025Q2: 161,960 shares; 2025Q3: 130,720 shares; 2025Q4: 130,720 shares; 2026Q1: 130,720 shares 130,720$2.19M0.41%0Timeline
FSBHFSBH CORP COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 234,250 shares; 2024Q4: 234,250 shares; 2025Q1: 234,250 shares; 2025Q2: 234,250 shares; 2025Q3: 135,250 shares; 2025Q4: 135,250 shares; 2026Q1: 135,250 shares 135,250$2.16M0.4%0Timeline
ARBVAMERICAN RIVIERA BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 322,046 shares; 2024Q4: 264,546 shares; 2025Q1: 222,152 shares; 2025Q2: 147,189 shares; 2025Q3: 133,989 shares; 2025Q4: 94,311 shares; 2026Q1: 89,380 shares 89,380$2.11M0.39%-4,931Timeline
COSOCOASTALSOUTH BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 292,473 shares; 2024Q4: 271,238 shares; 2025Q1: 254,557 shares; 2025Q2: 247,605 shares; 2025Q3: 85,715 shares; 2025Q4: 85,715 shares; 2026Q1: 85,715 shares 85,715$2.11M0.39%0Timeline
PSBQPSB HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 250,956 shares; 2024Q4: 241,953 shares; 2025Q1: 175,973 shares; 2025Q2: 118,094 shares; 2025Q3: 118,094 shares; 2025Q4: 77,794 shares; 2026Q1: 74,794 shares 74,794$2.07M0.39%-3,000Timeline
PNFPPINNACLE FINL PARTNERS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 21,800 shares 21,800$1.88M0.35%newTimeline
FBKFB FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 178,496 shares; 2025Q4: 133,496 shares; 2026Q1: 35,496 shares 35,496$1.84M0.34%-98,000Timeline
BWBBRIDGEWATER BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 119,479 shares; 2024Q4: 119,479 shares; 2025Q1: 119,479 shares; 2025Q2: 101,479 shares; 2025Q3: 101,479 shares; 2025Q4: 101,479 shares; 2026Q1: 101,479 shares 101,479$1.8M0.33%0Timeline
USCBUSCB FINANCIAL HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 149,230 shares; 2024Q4: 149,230 shares; 2025Q1: 149,230 shares; 2025Q2: 149,230 shares; 2025Q3: 125,419 shares; 2025Q4: 95,580 shares; 2026Q1: 95,580 shares 95,580$1.77M0.33%0Timeline
PPBNPINNACLE BANKSHARES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 79,682 shares; 2024Q4: 79,682 shares; 2025Q1: 57,682 shares; 2025Q2: 48,382 shares; 2025Q3: 37,464 shares; 2025Q4: 37,464 shares; 2026Q1: 37,464 shares 37,464$1.75M0.33%0Timeline
HNVRHANOVER BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 136,929 shares; 2025Q3: 136,929 shares; 2025Q4: 95,460 shares; 2026Q1: 76,757 shares 76,757$1.66M0.31%-18,703Timeline
Bancorp 34 IncBancorp 34 IncQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 162,857 shares; 2024Q4: 162,857 shares; 2025Q1: 162,857 shares; 2025Q2: 162,857 shares; 2025Q3: 162,857 shares; 2025Q4: 162,857 shares; 2026Q1: 106,857 shares 106,857$1.6M0.3%-56,000
RNSTRENASANT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 46,875 shares; 2024Q4: 46,875 shares; 2025Q1: 41,875 shares; 2025Q2: 41,875 shares; 2025Q3: 41,875 shares; 2025Q4: 41,875 shares; 2026Q1: 41,875 shares 41,875$1.51M0.28%0Timeline
Grand River Commerce, Inc.Grand River Commerce, Inc.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 675,014 shares; 2024Q4: 675,014 shares; 2025Q1: 675,014 shares; 2025Q2: 675,014 shares; 2025Q3: 588,403 shares; 2025Q4: 357,400 shares; 2026Q1: 357,400 shares 357,400$1.49M0.28%0
MVLYMISSION VALLEY BANCORP (SUN VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 163,742 shares; 2024Q4: 148,742 shares; 2025Q1: 120,617 shares; 2025Q2: 105,117 shares; 2025Q3: 100,117 shares; 2025Q4: 78,507 shares; 2026Q1: 78,507 shares 78,507$1.45M0.27%0Timeline
F&M Bank CorpF&M Bank CorpQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 47,100 shares; 2025Q4: 47,100 shares; 2026Q1: 47,100 shares 47,100$1.44M0.27%0
TOWNTOWNEBANK PORTSMOUTH VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 40,804 shares 40,804$1.37M0.26%newTimeline
FXNCFIRST NATL CORP VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 172,291 shares; 2024Q4: 97,579 shares; 2025Q1: 92,385 shares; 2025Q2: 65,880 shares; 2025Q3: 65,880 shares; 2025Q4: 60,492 shares; 2026Q1: 49,391 shares 49,391$1.33M0.25%-11,101Timeline
TBBKBANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 45,592 shares; 2024Q4: 45,592 shares; 2025Q1: 23,592 shares; 2025Q2: 23,592 shares; 2025Q3: 23,592 shares; 2025Q4: 23,592 shares; 2026Q1: 23,592 shares 23,592$1.27M0.24%0Timeline
SOMESOMERSET TRUST HOLDING COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 9,096 shares; 2025Q1: 10,887 shares; 2025Q2: 11,787 shares; 2025Q3: 11,787 shares; 2025Q4: 11,787 shares; 2026Q1: 16,017 shares 16,017$1.14M0.21%+4,230Timeline
PWBKPACIFIC WEST BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 145,715 shares; 2024Q4: 145,715 shares; 2025Q1: 145,715 shares; 2025Q2: 135,715 shares; 2025Q3: 135,715 shares; 2025Q4: 92,857 shares; 2026Q1: 92,857 shares 92,857$1.08M0.2%0Timeline
BYBYLINE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 96,890 shares; 2024Q4: 117,612 shares; 2025Q1: 121,612 shares; 2025Q2: 107,612 shares; 2025Q3: 39,157 shares; 2025Q4: 39,157 shares; 2026Q1: 34,157 shares 34,157$1.08M0.2%-5,000Timeline
SOUBSOUTHPOINT BANCSHARES INC COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 109,704 shares; 2024Q4: 113,664 shares; 2025Q1: 118,564 shares; 2025Q2: 113,414 shares; 2025Q3: 102,414 shares; 2025Q4: 78,438 shares; 2026Q1: 74,938 shares 74,938$1.05M0.2%-3,500Timeline
HTBKHERITAGE COMM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 272,839 shares; 2024Q4: 174,539 shares; 2025Q1: 169,539 shares; 2025Q2: 121,539 shares; 2025Q3: 121,539 shares; 2025Q4: 121,539 shares; 2026Q1: 75,139 shares 75,139$938K0.17%-46,400Timeline
LRBILAKE RIDGE BANCORP, INC. COMMOQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: not reported; 2026Q1: 7,084 shares 7,084$921K0.17%newTimeline
PBNKPINNALCE BANK GILROY CAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 92,128 shares; 2024Q4: 92,128 shares; 2025Q1: 69,512 shares; 2025Q2: 63,514 shares; 2025Q3: 53,514 shares; 2025Q4: 44,514 shares; 2026Q1: 44,514 shares 44,514$723K0.13%0Timeline
BAFNBAYFIRST FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 150,272 shares; 2024Q4: 150,272 shares; 2025Q1: 150,272 shares; 2025Q2: 125,272 shares; 2025Q3: 169,772 shares; 2025Q4: 91,679 shares; 2026Q1: 91,679 shares 91,679$582K0.11%0Timeline
FCCOFIRST CMNTY CORP S CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 139,424 shares; 2024Q4: 91,645 shares; 2025Q1: 91,645 shares; 2025Q2: 41,317 shares; 2025Q3: 41,317 shares; 2025Q4: 41,317 shares; 2026Q1: 16,317 shares 16,317$477K0.09%-25,000Timeline
PTBSPOTOMAC BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q2: restricted; 2024Q3: 33,492 shares; 2024Q4: 33,492 shares; 2025Q1: 32,292 shares; 2025Q2: 27,792 shares; 2025Q3: 27,420 shares; 2025Q4: 2,896 shares; 2026Q1: 12,432 shares 12,432$246K0.05%+9,536Timeline

Sold out in Q1 2026

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
FINEMARK HOLDINGS INCFINEMARK HOLDINGS INC219,426$8.35Mshares
Prime Meridian Holding Comp…Prime Meridian Holding Company76,418$4.33Mshares
UBABUNITED BANCORPORATION OF ALA I37,117$1.97Mshares
Dogwood State BankDogwood State Bank79,721$1.86Mshares
BORTBANK OF BOTETOURT BUCHANAN VA16,504$726Kshares
HBTHBT FINL INC.18,403$476Kshares

How Q1 2026 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001029311-26-000046 base2026-05-14acceptance time not in the bulk data set