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Disclosery

CASTINE CAPITAL MANAGEMENT, LLC

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13F filer, CIK 1377929, Boston, MA

CASTINE CAPITAL MANAGEMENT, LLC reported $322,751,000 across 39 holdings for the quarter ended 2019-03-31, in a 13F-HR filed 2019-05-14. Its ten largest share positions make up 44.81% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-19-003375

Period
2019-03-31
Reported value
$323M
Holdings
39
Top 10 weight
44.81%
New
10
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NORTHEAST BANCORPnew+645,681$13.4M
UNITED FINL BANCORP INC NEWadded+772,038$11.1M
TCF FINL CORPnew+460,000$9.52M
SNVnew+246,319$8.46M
ZIONnew+167,945$7.63M

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
LIONSGATE STUDIOS CORP Freduced-343,553-$9.41M
STERLING BANCORP DELreduced-450,797-$8.4M
TCBKexited-234,400-$7.92M
CHEMICAL FINANCIAL CORPexited-190,841-$6.99M
EQBKexited-152,967-$5.39M

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 2019

Share positions as resolved from 13F-HR 0000919574-19-003375, largest first. % of portfolio is the value over $322,751,000, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
UNITED FINL BANCORP INC NEWUNITED FINL BANCORP INC NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 973,962 shares; 2019Q1: 1,746,000 shares 1,746,000$25.1M7.76%+772,038
LIONSGATE STUDIOS CORP FLIONSGATE STUDIOS CORP FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 939,423 shares; 2019Q1: 595,870 shares 595,870$16.3M5.06%-343,553
COMMUNITY BANKERS TRUST CORPCOMMUNITY BANKERS TRUST CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 1,982,312 shares; 2019Q1: 2,067,477 shares 2,067,477$15.1M4.69%+85,165
STERLING BANCORP DELSTERLING BANCORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 1,246,000 shares; 2019Q1: 795,203 shares 795,203$14.8M4.59%-450,797
NORTHEAST BANCORPNORTHEAST BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 645,681 shares 645,681$13.4M4.14%new
CFGCITIZENS FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 400,000 shares; 2019Q1: 406,883 shares 406,883$13.2M4.1%+6,883Timeline
IBERIABANK CORPIBERIABANK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 165,000 shares; 2019Q1: 167,839 shares 167,839$12M3.73%+2,839
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 285,170 shares; 2019Q1: 290,077 shares 290,077$11.9M3.69%+4,907Timeline
CIVBCIVISTA BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 513,260 shares; 2019Q1: 522,092 shares 522,092$11.4M3.53%+8,832Timeline
QCRHQCR HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 329,960 shares; 2019Q1: 335,646 shares 335,646$11.4M3.53%+5,686Timeline
CAMBRIDGE BANCORPCAMBRIDGE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 133,292 shares; 2019Q1: 135,358 shares 135,358$11.2M3.47%+2,066
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 465,000 shares; 2019Q1: 351,597 shares 351,597$9.7M3.01%-113,403Timeline
TCF FINL CORPTCF FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 460,000 shares 460,000$9.52M2.95%new
PCSB FINL CORP COMPCSB FINL CORP COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 426,301 shares; 2019Q1: 463,120 shares 463,120$9.06M2.81%+36,819
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 373,043 shares; 2019Q1: 282,445 shares 282,445$8.73M2.7%-90,598
SNVSYNOVUS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 246,319 shares 246,319$8.46M2.62%newTimeline
DNB Financial CorporationDNB Financial CorporationQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 172,069 shares; 2019Q1: 223,055 shares 223,055$8.43M2.61%+50,986
FRMEFIRST MERCHANTS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 214,185 shares; 2019Q1: 217,870 shares 217,870$8.03M2.49%+3,685Timeline
ZIONZIONS BANCORPORATION NATL ASQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 167,945 shares 167,945$7.63M2.36%newTimeline
PNCPNC FINL SVCS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 59,742 shares; 2019Q1: 60,770 shares 60,770$7.45M2.31%+1,028Timeline
FBNCFIRST BANCORP N CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 197,693 shares; 2019Q1: 201,095 shares 201,095$6.99M2.17%+3,402Timeline
KEYKEYCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 760,302 shares; 2019Q1: 426,924 shares 426,924$6.72M2.08%-333,378Timeline
LCNBLCNB CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 376,213 shares; 2019Q1: 382,687 shares 382,687$6.56M2.03%+6,474Timeline
SFSTSOUTHERN FIRST BANCSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 186,473 shares; 2019Q1: 189,682 shares 189,682$6.42M1.99%+3,209Timeline
PROVIDENT BANCORP INCPROVIDENT BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 261,613 shares; 2019Q1: 266,313 shares 266,313$6.03M1.87%+4,700
OSBCOLD SECOND BANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 464,122 shares; 2019Q1: 472,108 shares 472,108$5.94M1.84%+7,986Timeline
HTHHILLTOP HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 325,000 shares 325,000$5.93M1.84%newTimeline
HWCHANCOCK WHITNEY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 145,000 shares 145,000$5.86M1.82%newTimeline
OPUS BK IRVINE CALIFOPUS BK IRVINE CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 287,776 shares 287,776$5.7M1.77%new
MERIDIAN BANCORP INC MDMERIDIAN BANCORP INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 331,000 shares 331,000$5.19M1.61%new
CENTERSTATE BK CORPCENTERSTATE BK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 89,250 shares; 2019Q1: 196,473 shares 196,473$4.68M1.45%+107,223
HMN FINL INCHMN FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 189,757 shares; 2019Q1: 207,140 shares 207,140$4.46M1.38%+17,383
NATIONAL COMM CORPNATIONAL COMM CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 111,293 shares; 2019Q1: 111,293 shares 111,293$4.36M1.35%0
FMBHFIRST MID BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 113,162 shares; 2019Q1: 127,965 shares 127,965$4.26M1.32%+14,803Timeline
FAUQUIER BANKSHARES INC VAFAUQUIER BANKSHARES INC VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 99,570 shares; 2019Q1: 130,951 shares 130,951$2.7M0.84%+31,381
OCFCOCEANFIRST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 104,091 shares 104,091$2.5M0.78%newTimeline
Hometown Bankshares CorpHometown Bankshares CorpQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 173,960 shares; 2019Q1: 173,960 shares 173,960$2.49M0.77%0
BRIDGE BANCORP INCBRIDGE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 75,000 shares 75,000$2.2M0.68%new
ABCBAMERIS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q2: restricted; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 150,000 shares; 2019Q1: 26,101 shares 26,101$897K0.28%-123,899Timeline

Sold out in Q1 2019

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

SecurityShares beforeValue beforeType
TCBKTRICO BANCSHARES234,400$7.92Mshares
CHEMICAL FINANCIAL CORPCHEMICAL FINANCIAL CORP190,841$6.99Mshares
EQBKEQUITY BANCSHARES INC152,967$5.39Mshares
THFFFIRST FINANCIAL CORPORATION124,578$5Mshares
PACWEST BANCORP DELPACWEST BANCORP DEL150,000$4.99Mshares
OLD LINE BANCSHARES INCOLD LINE BANCSHARES INC175,625$4.62Mshares
INDEPENDENT BANK GROUP INCINDEPENDENT BANK GROUP INC61,015$2.79Mshares
BYBYLINE BANCORP INC129,983$2.17Mshares
PFLTPENNANTPARK FLOATING RATE CA123,200$1.43Mshares

How Q1 2019 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 0000919574-19-003375 base2019-05-14acceptance time not in the bulk data set