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Disclosery

CASTINE CAPITAL MANAGEMENT, LLC

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13F filer, CIK 1377929, Boston, MA

CASTINE CAPITAL MANAGEMENT, LLC reported $386,221,000 across 38 holdings for the quarter ended 2019-06-30, in a 13F-HR filed 2019-08-13. Its ten largest share positions make up 48.55% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000919574-19-005056

Period
2019-06-30
Reported value
$386M
Holdings
38
Top 10 weight
48.55%
New
8
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
NBNnew+879,790$24.3M
CHEMICAL FINANCIAL CORPnew+490,000$20.1M
HWCadded+211,242$8.46M
OPUS BK IRVINE CALIFadded+321,445$6.79M
MNSBnew+214,509$4.89M

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
NORTHEAST BANCORPexited-645,681-$13.4M
BACexited-351,597-$9.7M
TCF FINL CORPexited-460,000-$9.52M
KEYexited-426,924-$6.72M
LCNBexited-382,687-$6.56M

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, Q2 2019

Share positions as resolved from 13F-HR 0000919574-19-005056, largest first. % of portfolio is the value over $386,221,000, 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; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 973,962 shares; 2019Q1: 1,746,000 shares; 2019Q2: 1,914,882 shares 1,914,882$27.2M7.03%+168,882
NBNNORTHEAST BK PORTLAND MEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 879,790 shares 879,790$24.3M6.28%newTimeline
CHEMICAL FINANCIAL CORPCHEMICAL FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 190,841 shares; 2019Q1: not reported; 2019Q2: 490,000 shares 490,000$20.1M5.22%new
LIONSGATE STUDIOS CORP FLIONSGATE STUDIOS CORP FQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 939,423 shares; 2019Q1: 595,870 shares; 2019Q2: 598,670 shares 598,670$18.5M4.8%+2,800
STERLING BANCORP DELSTERLING BANCORP DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 1,246,000 shares; 2019Q1: 795,203 shares; 2019Q2: 850,683 shares 850,683$18.1M4.69%+55,480
COMMUNITY BANKERS TRUST CORPCOMMUNITY BANKERS TRUST CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 1,982,312 shares; 2019Q1: 2,067,477 shares; 2019Q2: 2,063,765 shares 2,063,765$17.5M4.53%-3,712
CFGCITIZENS FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 400,000 shares; 2019Q1: 406,883 shares; 2019Q2: 476,280 shares 476,280$16.8M4.36%+69,397Timeline
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 285,170 shares; 2019Q1: 290,077 shares; 2019Q2: 344,862 shares 344,862$15.4M3.99%+54,785Timeline
QCRHQCR HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 329,960 shares; 2019Q1: 335,646 shares; 2019Q2: 438,764 shares 438,764$15.3M3.96%+103,118Timeline
HWCHANCOCK WHITNEY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 145,000 shares; 2019Q2: 356,242 shares 356,242$14.3M3.7%+211,242Timeline
IBERIABANK CORPIBERIABANK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 165,000 shares; 2019Q1: 167,839 shares; 2019Q2: 178,056 shares 178,056$13.5M3.5%+10,217
OPUS BK IRVINE CALIFOPUS BK IRVINE CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 287,776 shares; 2019Q2: 609,221 shares 609,221$12.9M3.33%+321,445
CIVBCIVISTA BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 513,260 shares; 2019Q1: 522,092 shares; 2019Q2: 524,817 shares 524,817$11.8M3.05%+2,725Timeline
PCSB FINL CORP COMPCSB FINL CORP COMQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 426,301 shares; 2019Q1: 463,120 shares; 2019Q2: 553,477 shares 553,477$11.2M2.9%+90,357
CAMBRIDGE BANCORPCAMBRIDGE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 133,292 shares; 2019Q1: 135,358 shares; 2019Q2: 131,548 shares 131,548$10.7M2.78%-3,810
DNB Financial CorporationDNB Financial CorporationQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 172,069 shares; 2019Q1: 223,055 shares; 2019Q2: 219,042 shares 219,042$9.74M2.52%-4,013
SFSTSOUTHERN FIRST BANCSHARESQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 186,473 shares; 2019Q1: 189,682 shares; 2019Q2: 245,404 shares 245,404$9.61M2.49%+55,722Timeline
ZIONZIONS BANCORPORATION NATL ASQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 167,945 shares; 2019Q2: 207,176 shares 207,176$9.53M2.47%+39,231Timeline
CENTERSTATE BK CORPCENTERSTATE BK CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 89,250 shares; 2019Q1: 196,473 shares; 2019Q2: 404,977 shares 404,977$9.33M2.41%+208,504
SNVSYNOVUS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 246,319 shares; 2019Q2: 261,344 shares 261,344$9.15M2.37%+15,025Timeline
MERIDIAN BANCORP INC MDMERIDIAN BANCORP INC MDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 331,000 shares; 2019Q2: 476,862 shares 476,862$8.53M2.21%+145,862
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 373,043 shares; 2019Q1: 282,445 shares; 2019Q2: 275,319 shares 275,319$8.35M2.16%-7,126
OSBCOLD SECOND BANCORP INC DELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 464,122 shares; 2019Q1: 472,108 shares; 2019Q2: 637,098 shares 637,098$8.14M2.11%+164,990Timeline
PNCPNC FINL SVCS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 59,742 shares; 2019Q1: 60,770 shares; 2019Q2: 59,236 shares 59,236$8.13M2.11%-1,534Timeline
FRMEFIRST MERCHANTS CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 214,185 shares; 2019Q1: 217,870 shares; 2019Q2: 214,531 shares 214,531$8.13M2.11%-3,339Timeline
PROVIDENT BANCORP INCPROVIDENT BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 261,613 shares; 2019Q1: 266,313 shares; 2019Q2: 267,453 shares 267,453$7.49M1.94%+1,140
FBNCFIRST BANCORP N CQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 197,693 shares; 2019Q1: 201,095 shares; 2019Q2: 191,403 shares 191,403$6.97M1.8%-9,692Timeline
HMN FINL INCHMN FINL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 189,757 shares; 2019Q1: 207,140 shares; 2019Q2: 256,890 shares 256,890$5.39M1.4%+49,750
ABCBAMERIS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 150,000 shares; 2019Q1: 26,101 shares; 2019Q2: 137,007 shares 137,007$5.37M1.39%+110,906Timeline
MNSBMAINSTREET BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 214,509 shares 214,509$4.89M1.27%newTimeline
FMBHFIRST MID BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 113,162 shares; 2019Q1: 127,965 shares; 2019Q2: 123,137 shares 123,137$4.3M1.11%-4,828Timeline
FUNCFIRST UTD CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 174,685 shares 174,685$3.44M0.89%newTimeline
FAUQUIER BANKSHARES INC VAFAUQUIER BANKSHARES INC VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: 99,570 shares; 2019Q1: 130,951 shares; 2019Q2: 153,394 shares 153,394$3.27M0.85%+22,443
AMERICAN NATL BANKSHARES INCAMERICAN NATL BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 82,065 shares 82,065$3.18M0.82%new
BRIDGE BANCORP INCBRIDGE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: 75,000 shares; 2019Q2: 85,036 shares 85,036$2.5M0.65%+10,036
RRBIRED RIVER BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 47,235 shares 47,235$2.29M0.59%newTimeline
M B T FINANCIAL CORPM B T FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 58,000 shares 58,000$581K0.15%new
AUBNAUBURN NATL BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2017Q3: restricted; 2017Q4: restricted; 2018Q1: restricted; 2018Q2: restricted; 2018Q3: restricted; 2018Q4: not reported; 2019Q1: not reported; 2019Q2: 9,337 shares 9,337$313K0.08%newTimeline

Sold out in Q2 2019

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

SecurityShares beforeValue beforeType
NORTHEAST BANCORPNORTHEAST BANCORP645,681$13.4Mshares
BACBANK OF AMER CORP351,597$9.7Mshares
TCF FINL CORPTCF FINL CORP460,000$9.52Mshares
KEYKEYCORP426,924$6.72Mshares
LCNBLCNB CORP382,687$6.56Mshares
HTHHILLTOP HLDGS INC325,000$5.93Mshares
NATIONAL COMM CORPNATIONAL COMM CORP111,293$4.36Mshares
OCFCOCEANFIRST FINL CORP104,091$2.5Mshares
Hometown Bankshares CorpHometown Bankshares Corp173,960$2.49Mshares

How Q2 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 0000919574-19-005056 base2019-08-13acceptance time not in the bulk data set