FJ Capital Management LLC

13F filer, CIK 1599170, MCLEAN, VA

FJ Capital Management LLC reported $954,286,838 across 120 holdings for the quarter ended 2024-09-30, in a 13F-HR filed 2024-11-14. Its ten largest share positions make up 40.2% of the portfolio.

Filed 2024-11-14 (acceptance time not in the bulk data set), ingested 2026-10-07 18:26:56 UTC13F-HR 0001420506-24-002539

Period: 2024-09-30
Reported value: $954M
Holdings: 120
Top 10 weight: 40.2%
New: 49
Sold out: 38

Stakes and trades reported after 2024-09-30

13D, 13G and Form 4 filings by this filer's group, dated after the 13F period, on securities the quarter does not hold as shares.

BCBP BCB BANCORP INC: 13G 1,616,132 shares, 5.26% of the class, 13G filed 2026-09-30, 0001171520-26-000275 Timeline
Accepted 2026-09-30 19:28:57 UTC, ingested 2026-10-06 10:15:08 UTC

Largest buys vs the previous quarter

Security	Shares change	Approx. value
ROOKLINE BANCORP INC DELnew	+2,292,669	$23.1M
SFNCnew	+817,386	$17.6M
CMAnew	+291,940	$17.5M
MOFGadded	+466,789	$13.3M
WSBCnew	+349,747	$10.4M

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

Security	Shares change	Approx. value
FIRST BANCSHARES INC MISSreduced	-1,107,131	-$35.6M
WALreduced	-358,798	-$31M
EBCreduced	-1,536,155	-$25.2M
MSBIexited	-1,094,323	-$24.8M
HTBKreduced	-2,354,159	-$23.3M

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, Q3 2024

Share positions as resolved from 13F-HR 0001420506-24-002539, largest first. % of portfolio is the value over $954,286,838, the sum of the share positions whose value is usable for ratios (method).

Security	Shares	Value	% of portfolio	Change	Timeline
HTBHOMETRUST BANCSHARES INC	1,711,539	$58.3M	6.11%	-3,959	Timeline
INDEPENDENT BANK GROUP INCINDEPENDENT BANK GROUP INC	986,846	$56.9M	5.96%	-92,596
EQBKEQUITY BANCSHARES INC	1,027,157	$42M	4.4%	+106,410	Timeline
RBBRBB BANCORP	1,725,945	$39.7M	4.16%	-40,008	Timeline
HTBKHERITAGE COMM CORP	3,635,570	$35.9M	3.76%	-2,354,159	Timeline
HBCPHOMEBANCORP INC	788,106	$35.1M	3.68%	0	Timeline
BANCBANC OF CALIFORNIA INC	2,179,722	$32.1M	3.36%	-1,213,063	Timeline
OSBCOLD SECOND BANCORP INC DEL	1,870,988	$29.2M	3.06%	+129,807	Timeline
SFSTSOUTHERN FIRST BANCSHARES	807,223	$27.5M	2.88%	0	Timeline
IBCPINDEPENDENT BK CORP MICH	805,367	$26.9M	2.81%	-407,448	Timeline
ABCBAMERIS BANCORP	402,509	$25.1M	2.63%	-314,986	Timeline
QCRHQCR HLDGS INC	335,374	$24.8M	2.6%	-95,867	Timeline
SMBCSOUTHERN MO BANCORP INC	431,687	$24.4M	2.56%	-64,664	Timeline
ROOKLINE BANCORP INC DELROOKLINE BANCORP INC DEL	2,292,669	$23.1M	2.42%	new
WALWESTERN ALLIANCE BANCORP	259,290	$22.4M	2.35%	-358,798	Timeline
FVCBFVCBANKCORP INC	1,710,099	$22.3M	2.34%	+32,760	Timeline
SBTSTERLING BANCORP INC	4,288,735	$19.5M	2.04%	+57,120	Timeline
EVANS BANCORP INCEVANS BANCORP INC	493,510	$19.2M	2.02%	-46,723
LNKBLINKBANCORP INC	2,902,289	$18.6M	1.95%	-242,377	Timeline
FSBCFIVE STAR BANCORP	622,469	$18.5M	1.94%	-32,287	Timeline
ESSA BANCORP INC COMESSA BANCORP INC COM	941,992	$18.1M	1.9%	0
SFNCSIMMONS FIRST NATL CORP	817,386	$17.6M	1.84%	new	Timeline
CMACOMERICA INC	291,940	$17.5M	1.83%	new	Timeline
MOFGMIDWESTONE FINANCIAL GROUP I	602,875	$17.2M	1.8%	+466,789	Timeline
HWBKHAWTHORN BANCSHARES INC	506,624	$12.7M	1.33%	+1,149	Timeline
CZWICITIZENS CMNTY BANCORP INC M	821,594	$11.6M	1.22%	-130,000	Timeline
HMN FINL INCHMN FINL INC	396,944	$11.1M	1.16%	-26,960
SouthState CorpSouthState Corp	108,356	$10.5M	1.1%	+43,172
WSBCWESBANCO INC	349,747	$10.4M	1.09%	new	Timeline
RVSBRIVERVIEW BANCORP INC	2,173,569	$10.2M	1.07%	0	Timeline
ONBOLD NATL BANCORP IND	546,959	$10.2M	1.07%	+39,494	Timeline
FSFGFIRST SVGS FINL GROUP INC	394,472	$9.39M	0.98%	0	Timeline
COLBCOLUMBIA BKG SYS INC	358,878	$9.37M	0.98%	new	Timeline
PBFSPIONEER BANCORP INC MD	803,529	$8.81M	0.92%	-566,630	Timeline
PBPROSPERITY BANCSHARES INC	116,598	$8.4M	0.88%	-19,088	Timeline
FCCOFIRST CMNTY CORP S C	389,061	$8.34M	0.87%	0	Timeline
SBFGSB FINL GROUP INC	373,521	$7.68M	0.8%	0	Timeline
EBCEASTERN BANKSHARES INC	440,186	$7.21M	0.76%	-1,536,155	Timeline
SFBCSOUND FINL BANCORP INC	118,866	$6.36M	0.67%	-84,708	Timeline
FDSBFIFTH DIST BANCORP INC	553,783	$5.74M	0.6%	new	Timeline
OLD POINT FINL CORPOLD POINT FINL CORP	278,673	$5.38M	0.56%	0
FIRST BANCSHARES INC MISSFIRST BANCSHARES INC MISS	167,274	$5.37M	0.56%	-1,107,131
TMHCTAYLOR MORRISON HOME CORP	69,235	$4.86M	0.51%	+5,249	Timeline
MR COOPER GROUP INCMR COOPER GROUP INC	46,683	$4.3M	0.45%	new
TFSLTFS FINL CORP	328,573	$4.23M	0.44%	new	Timeline
JLLJONES LANG LASALLE INC	15,333	$4.14M	0.43%	-235	Timeline
ESNTESSENT GROUP LTD	62,852	$4.04M	0.42%	new	Timeline
HCIHCI GROUP INC	37,568	$4.02M	0.42%	+14,297	Timeline
MHOM/I HOMES INC	21,463	$3.68M	0.39%	new	Timeline
SFSTIFEL FINL CORP	37,688	$3.54M	0.37%	new	Timeline
ELVELEVANCE HEALTH INC FORMERLY	6,472	$3.37M	0.35%	+2,786	Timeline
WTWWILLIS TOWERS WATSON PLC LTD	11,399	$3.36M	0.35%	+4,477	Timeline
ENVAENOVA INTL INC	35,405	$2.97M	0.31%	new	Timeline
ALLALLSTATE CORP	15,285	$2.9M	0.3%	+2,954	Timeline
BROBROWN & BROWN INC	27,929	$2.89M	0.3%	-1,591	Timeline
FNFFIDELITY NATL FINL INC	43,754	$2.72M	0.28%	new	Timeline
WELLWELLTOWER INC	20,642	$2.64M	0.28%	-1,466	Timeline
PLMRPALOMAR HLDGS INC	27,783	$2.63M	0.28%	new	Timeline
PWPPERELLA WEINBERG PARTNERS	135,700	$2.62M	0.27%	new	Timeline
GSHDGOOSEHEAD INS INC	26,519	$2.37M	0.25%	+19,411	Timeline
FORFORESTAR GROUP INC	72,337	$2.34M	0.25%	+20,891	Timeline
ACGLARCH CAP GROUP LTD	20,442	$2.29M	0.24%	-7,055	Timeline
JMSBJOHN MARSHALL BANCORP INC	111,083	$2.2M	0.23%	-142,257	Timeline
RGAREINSURANCE GROUP AMER INC	9,843	$2.14M	0.22%	+1,416	Timeline
MYFWFIRST WESTN FINL INC	105,611	$2.11M	0.22%	-231,222	Timeline
BCALCALIFORNIA BANCORP	142,252	$2.1M	0.22%	-400,000	Timeline
KMPRKEMPER CORP	34,171	$2.09M	0.22%	-4,511	Timeline
PGRPROGRESSIVE CORP	7,948	$2.02M	0.21%	-3,078	Timeline
NLYANNALY CAPITAL MANAGEMENT IN	91,280	$1.83M	0.19%	-100,494	Timeline
AKRACADIA RLTY TR	73,086	$1.72M	0.18%	-59,946	Timeline
GLGLOBE LIFE INC	15,255	$1.62M	0.17%	+11,420	Timeline
BCMLBAYCOM CORP	64,836	$1.54M	0.16%	0	Timeline
ARESARES MANAGEMENT CORPORATION	9,805	$1.53M	0.16%	+5,169	Timeline
GBDCGOLUB CAP BDC INC	93,061	$1.41M	0.15%	-27,727	Timeline
RPCRIDGEPOST CAP INC	127,233	$1.36M	0.14%	+90,305	Timeline
VICIVICI PPTYS INC	40,378	$1.34M	0.14%	new	Timeline
JEFJEFFERIES FINANCIAL GROUP IN	21,841	$1.34M	0.14%	new	Timeline
RKTROCKET COS INC	70,052	$1.34M	0.14%	new	Timeline
MFICMIDCAP FINANCIAL INVSTMNT CO	92,316	$1.24M	0.13%	new	Timeline
FRFIRST INDL RLTY TR INC	20,709	$1.16M	0.12%	new	Timeline
SKWDSKYWARD SPECIALTY INS GROUP	27,802	$1.13M	0.12%	new	Timeline
MAINMAIN STR CAP CORP	21,664	$1.09M	0.11%	new	Timeline
SLFSUN LIFE FINANCIAL INC.	18,607	$1.08M	0.11%	new	Timeline
PECOPHILLIPS EDISON & CO INC	28,485	$1.07M	0.11%	-28,189	Timeline
VOYAVOYA FINANCIAL INC	12,866	$1.02M	0.11%	+8,456	Timeline
JPMJPMORGAN CHASE & CO	4,767	$1.01M	0.11%	new	Timeline
SPGIS&P GLOBAL INC	1,943	$1M	0.11%	+758	Timeline
SHBISHORE BANCSHARES INC	69,706	$975K	0.1%	0	Timeline
DXDYNEX CAP INC	73,507	$938K	0.1%	new	Timeline
EFXEQUIFAX INC	3,127	$919K	0.1%	new	Timeline
AMPAMERIPRISE FINL INC	1,937	$910K	0.1%	-233	Timeline
STEPSTEPSTONE GROUP INC	15,968	$907K	0.1%	new	Timeline
OREALTY INCOME CORP	13,138	$833K	0.09%	new	Timeline
THGHANOVER INS GROUP INC	5,491	$813K	0.09%	new	Timeline
JHGJANUS HENDERSON GROUP PLC	21,172	$806K	0.08%	new	Timeline
ACIWACI WORLDWIDE INC	15,831	$806K	0.08%	new	Timeline
BXMTBLACKSTONE MORTGAGE TRUST IN	42,279	$804K	0.08%	new	Timeline
FOURSHIFT4 PMTS INC	8,399	$744K	0.08%	new	Timeline
MAMASTERCARD INCORPORATED	1,353	$668K	0.07%	new	Timeline
KKRKKR & CO INC	4,899	$640K	0.07%	new	Timeline
BRIDGE INVT GROUP HLDGS INCBRIDGE INVT GROUP HLDGS INC	64,689	$638K	0.07%	new
BPOPPOPULAR INC	6,221	$624K	0.07%	new	Timeline
QNSTQUINSTREET INC	32,036	$613K	0.06%	new	Timeline
HLNEHAMILTON LANE INC	3,572	$601K	0.06%	-5,727	Timeline
APOAPOLLO GLOBAL MGMT INC	4,781	$597K	0.06%	new	Timeline
FDSFACTSET RESH SYS INC	1,282	$590K	0.06%	new	Timeline
AHRAMERICAN HEALTHCARE REIT INC	22,063	$576K	0.06%	+7,316	Timeline
EVEREVERQUOTE INC	25,708	$542K	0.06%	-39,386	Timeline
INVHINVITATION HOMES INC	15,017	$529K	0.06%	new	Timeline
IGICINTL GNRL INSURANCE HLDNGS L	23,825	$453K	0.05%	new	Timeline
PSAPUBLIC STORAGE	1,208	$440K	0.05%	-296	Timeline
HFBLHOME FED BANCORP INC LA NEW	34,866	$439K	0.05%	0	Timeline
CIMCHIMERA INVT CORP	27,196	$431K	0.05%	new	Timeline
AMGAFFILIATED MANAGERS GROUP	2,301	$409K	0.04%	-1,769	Timeline
TRTXTPG RE FIN TR INC	43,910	$375K	0.04%	new	Timeline
GTYGETTY RLTY CORP NEW	11,581	$368K	0.04%	new	Timeline
MSCIMSCI INC	485	$283K	0.03%	new	Timeline
HIWHIGHWOODS PPTYS INC	7,126	$239K	0.03%	new	Timeline
COLDAMERICOLD REALTY TRUST INC	7,388	$209K	0.02%	new	Timeline
GLPIGAMING & LEISURE P	3,924	$202K	0.02%	new	Timeline

Sold out in Q3 2024

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

Security	Shares before	Value before	Type
MSBIMIDLAND STATES BANCORP INC	1,094,323	$24.8M	shares
MBINMERCHANTS BANCORP IND	276,472	$11.2M	shares
VERITEX HLDGS INCVERITEX HLDGS INC	529,907	$11.2M	shares
WTFCWINTRUST FINL CORP	88,317	$8.7M	shares
CBSHCOMMERCE BANCSHARES INC	128,518	$7.17M	shares
STELSTELLAR BANCORP INC	246,560	$5.66M	shares
UBFOUNITED SEC BANCSHARES CALIF	606,434	$4.4M	shares
PFSIPENNYMAC FINL SVCS INC NEW	37,987	$3.59M	shares
BZHBEAZER HOMES USA INC	106,213	$2.92M	shares
BGCBGC GROUP INC	248,929	$2.07M	shares
GSGOLDMAN SACHS GROUP INC	4,546	$2.06M	shares
TSLXSIXTH STREET SPECIALTY LENDI	96,020	$2.05M	shares
IBKRINTERACTIVE BROKERS GROUP IN	15,809	$1.94M	shares
LADRLADDER CAP CORP	168,733	$1.9M	shares
SLMSLM CORP	89,270	$1.86M	shares
FBRTFRANKLIN BSP RLTY TR INC	141,626	$1.78M	shares
EPRTESSENTIAL PPTYS RLTY TR INC	61,079	$1.69M	shares
FDUSFIDUS INVT CORP	82,266	$1.6M	shares
ABRARBOR REALTY TRUST INC	99,753	$1.43M	shares
COMPCOMPASS INC	390,528	$1.41M	shares
CBOECBOE GLOBAL MKTS INC	8,172	$1.39M	shares
HOVHOVNANIAN ENTERPRISES INC	9,591	$1.36M	shares
SIGISELECTIVE INS GROUP INC	13,023	$1.22M	shares
EZPWEZCORP INC	110,607	$1.16M	shares
EGPEASTGROUP PPTYS INC	6,204	$1.06M	shares
NMRKNEWMARK GROUP INC	102,996	$1.05M	shares
PFSPROVIDENT FINL SVCS INC	62,604	$898K	shares
OMFONEMAIN HLDGS INC	18,420	$893K	shares
CFGCITIZENS FINL GROUP INC	24,600	$886K	shares
CCAPCRESCENT CAP BDC INC	33,675	$632K	shares
MKTXMARKETAXESS HLDGS INC	3,122	$626K	shares
BRK-BBERKSHIRE HATHAWAY INC DEL	1,518	$618K	shares
ESSESSEX PPTY TR INC	2,126	$579K	shares
VTRVENTAS INC	6,521	$334K	shares
CBNKCAPITAL BANCORP INC MD	15,173	$311K	shares
EXREXTRA SPACE STORAGE INC	1,587	$247K	shares
HUMHUMANA INC	578	$216K	shares
HPPHUDSON PAC PPTYS INC	44,714	$215K	shares

How Q3 2024 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).

Filing	Role	Amendment	Filed	Accepted	Ingested
13F-HR 0001420506-24-002539	base		2024-11-14	acceptance time not in the bulk data set	2026-10-07 18:26:56 UTC