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SALZHAUER MICHAEL

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13F filer, CIK 1059543, NEW YORK, NY

SALZHAUER MICHAEL reported $170,931,869 across 80 holdings for the quarter ended 2025-06-30, in a 13F-HR filed 2025-08-14. Its ten largest share positions make up 59.97% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001085146-25-005200

Period
2025-06-30
Reported value
$171M
Holdings
80
Top 10 weight
59.97%
New
12
Sold out
18

Part of the filer group SALZHAUER MICHAEL

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
WALadded+22,973$1.79M
COFadded+5,565$1.18M
FSUNadded+29,749$1.03M
Cadded+10,047$855K
UWMCnew+70,000$290K

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
BACreduced-66,038-$3.12M
WFCreduced-25,526-$2.05M
BPOPreduced-11,713-$1.29M
PNFPreduced-10,486-$1.16M
CMAreduced-11,772-$702K

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 2025

Share positions as resolved from 13F-HR 0001085146-25-005200, largest first. % of portfolio is the value over $158,577,939, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,051,103 shares; 2024Q4: 1,752,003 shares; 2025Q1: 843,103 shares; 2025Q2: 777,065 shares 777,065$36.8M23.19%-66,038Timeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 123,033 shares; 2024Q4: 133,733 shares; 2025Q1: 130,233 shares; 2025Q2: 104,707 shares 104,707$8.39M5.29%-25,526Timeline
FRSTPRIMIS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 755,332 shares; 2024Q4: 756,258 shares; 2025Q1: 757,831 shares; 2025Q2: 758,851 shares 758,851$8.23M5.19%+1,020Timeline
SNVSYNOVUS FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 217,993 shares; 2024Q4: 203,926 shares; 2025Q1: 168,761 shares; 2025Q2: 157,128 shares 157,128$8.13M5.13%-11,633Timeline
SMBKSMARTFINANCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 238,789 shares; 2024Q4: 238,789 shares; 2025Q1: 239,139 shares; 2025Q2: 225,903 shares 225,903$7.63M4.81%-13,236Timeline
BANCBANC OF CALIFORNIA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 290,539 shares; 2024Q4: 377,576 shares; 2025Q1: 490,200 shares; 2025Q2: 458,534 shares 458,534$6.44M4.06%-31,666Timeline
CCITIGROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 46,645 shares; 2024Q4: 393,650 shares; 2025Q1: 63,855 shares; 2025Q2: 73,902 shares 73,902$6.29M3.97%+10,047Timeline
SBCFSEACOAST BKG CORP FLAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 224,681 shares; 2024Q4: 206,681 shares; 2025Q1: 184,614 shares; 2025Q2: 185,667 shares 185,667$5.13M3.23%+1,053Timeline
PNFPPINNACLE FINANCIAL PARTNERSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 56,329 shares; 2024Q4: 47,323 shares; 2025Q1: 47,323 shares; 2025Q2: 36,837 shares 36,837$4.07M2.56%-10,486Timeline
PGCPEAPACK-GLADSTONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 152,538 shares; 2024Q4: 148,094 shares; 2025Q1: 161,802 shares; 2025Q2: 142,126 shares 142,126$4.02M2.53%-19,676Timeline
WALWESTERN ALLIANCE BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 26,192 shares; 2024Q4: 17,895 shares; 2025Q1: 21,690 shares; 2025Q2: 44,663 shares 44,663$3.48M2.2%+22,973Timeline
FSUNFIRSTSUN CAP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 50,525 shares; 2025Q1: 56,804 shares; 2025Q2: 86,553 shares 86,553$3.01M1.9%+29,749Timeline
SouthState CorpSouthState CorpQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 32,912 shares; 2024Q4: 32,912 shares; 2025Q1: 32,912 shares; 2025Q2: 31,581 shares 31,581$2.91M1.83%-1,331
MCBMETROPOLITAN BK HLDG CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 36,105 shares; 2024Q4: 41,703 shares; 2025Q1: 45,171 shares; 2025Q2: 40,568 shares 40,568$2.84M1.79%-4,603Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 427 shares; 2024Q4: 5,427 shares; 2025Q1: 7,739 shares; 2025Q2: 13,304 shares 13,304$2.83M1.78%+5,565Timeline
FBKFB FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,520 shares; 2024Q4: 61,520 shares; 2025Q1: 61,520 shares; 2025Q2: 58,694 shares 58,694$2.66M1.68%-2,826Timeline
TFCTRUIST FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 72,172 shares; 2024Q4: 72,242 shares; 2025Q1: 72,384 shares; 2025Q2: 57,327 shares 57,327$2.46M1.55%-15,057Timeline
PNCPNC FINL SVCS GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 14,490 shares; 2024Q4: 14,490 shares; 2025Q1: 14,490 shares; 2025Q2: 12,156 shares 12,156$2.27M1.43%-2,334Timeline
WBSWEBSTER FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 39,697 shares; 2024Q4: 37,964 shares; 2025Q1: 41,725 shares; 2025Q2: 40,289 shares 40,289$2.2M1.39%-1,436Timeline
HTBHOMETRUST BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 40,950 shares; 2024Q4: 40,950 shares; 2025Q1: 45,765 shares; 2025Q2: 51,088 shares 51,088$1.91M1.21%+5,323Timeline
CMACOMERICA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 44,271 shares; 2024Q4: 165,971 shares; 2025Q1: 42,371 shares; 2025Q2: 30,599 shares 30,599$1.83M1.15%-11,772Timeline
VERITEX HLDGS INCVERITEX HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 33,398 shares; 2024Q4: 49,177 shares; 2025Q1: 59,361 shares; 2025Q2: 65,161 shares 65,161$1.7M1.07%+5,800
DCOMDIME COML BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 61,834 shares; 2024Q4: 61,834 shares; 2025Q1: 72,367 shares; 2025Q2: 62,202 shares 62,202$1.68M1.06%-10,165Timeline
RFREGIONS FINANCIAL CORP NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 71,833 shares; 2024Q4: 70,833 shares; 2025Q1: 70,833 shares; 2025Q2: 67,950 shares 67,950$1.6M1.01%-2,883Timeline
CNOBCONNECTONE BANCORP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 66,260 shares; 2024Q4: 76,496 shares; 2025Q1: 76,696 shares; 2025Q2: 66,696 shares 66,696$1.54M0.97%-10,000Timeline
VABKVIRGINIA NATL BK CHRLOTSVLEQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 41,052 shares; 2024Q4: 41,052 shares; 2025Q1: 41,052 shares; 2025Q2: 41,033 shares 41,033$1.52M0.96%-19Timeline
JPMJPMORGAN CHASE & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,720 shares; 2024Q4: 5,168 shares; 2025Q1: 5,168 shares; 2025Q2: 4,668 shares 4,668$1.35M0.85%-500Timeline
HWCHANCOCK WHITNEY CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,796 shares; 2024Q4: 23,796 shares; 2025Q1: 24,196 shares; 2025Q2: 23,132 shares 23,132$1.33M0.84%-1,064Timeline
TCBXTHIRD COAST BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 37,675 shares; 2024Q4: 37,675 shares; 2025Q1: 37,675 shares; 2025Q2: 37,675 shares 37,675$1.23M0.78%0Timeline
SHBISHORE BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 72,057 shares; 2024Q4: 72,057 shares; 2025Q1: 72,057 shares; 2025Q2: 72,057 shares 72,057$1.13M0.71%0Timeline
PFSPROVIDENT FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 59,843 shares; 2024Q4: 59,843 shares; 2025Q1: 70,201 shares; 2025Q2: 64,449 shares 64,449$1.13M0.71%-5,752Timeline
HAFCHANMI FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 73,609 shares; 2024Q4: 68,143 shares; 2025Q1: 68,143 shares; 2025Q2: 45,546 shares 45,546$1.12M0.71%-22,597Timeline
WSFSWSFS FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 21,309 shares; 2024Q4: 21,309 shares; 2025Q1: 21,309 shares; 2025Q2: 19,329 shares 19,329$1.06M0.67%-1,980Timeline
SSBISUMMIT ST BK SANTA ROSA CALIQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 78,452 shares; 2024Q4: 102,046 shares; 2025Q1: 96,046 shares; 2025Q2: 92,499 shares 92,499$1M0.63%-3,547Timeline
TOWNTOWNEBANK PORTSMOUTH VAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 30,533 shares; 2024Q4: 30,533 shares; 2025Q1: 30,533 shares; 2025Q2: 29,071 shares 29,071$994K0.63%-1,462Timeline
KEYKEYCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 55,348 shares; 2024Q4: 74,848 shares; 2025Q1: 55,351 shares; 2025Q2: 55,614 shares 55,614$969K0.61%+263Timeline
FHNFIRST HORIZON CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 38,618 shares; 2024Q4: 258,618 shares; 2025Q1: 39,119 shares; 2025Q2: 44,996 shares 44,996$954K0.6%+5,877Timeline
CFGCITIZENS FINL GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,801 shares; 2024Q4: 179,301 shares; 2025Q1: 19,301 shares; 2025Q2: 18,591 shares 18,591$832K0.52%-710Timeline
AAPLAPPLE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,418 shares; 2024Q4: 3,418 shares; 2025Q1: 3,418 shares; 2025Q2: 3,418 shares 3,418$701K0.44%0Timeline
SPFISOUTH PLAINS FINANCIAL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,708 shares; 2024Q4: 18,708 shares; 2025Q1: 18,708 shares; 2025Q2: 18,708 shares 18,708$674K0.43%0Timeline
CFBKCF BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,575 shares; 2024Q4: 26,764 shares; 2025Q1: 26,764 shares; 2025Q2: 26,764 shares 26,764$642K0.4%0Timeline
BPOPPOPULAR INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,594 shares; 2024Q4: 17,194 shares; 2025Q1: 17,194 shares; 2025Q2: 5,481 shares 5,481$604K0.38%-11,713Timeline
BAFNBAYFIRST FINANCIAL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 55,077 shares; 2024Q4: 55,077 shares; 2025Q1: 44,932 shares; 2025Q2: 42,431 shares 42,431$594K0.37%-2,501Timeline
MSMORGAN STANLEYQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,225 shares; 2024Q4: 4,225 shares; 2025Q1: 4,225 shares; 2025Q2: 4,131 shares 4,131$582K0.37%-94Timeline
METMETLIFE INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,886 shares; 2024Q4: 6,886 shares; 2025Q1: 6,886 shares; 2025Q2: 6,886 shares 6,886$554K0.35%0Timeline
CBFVCB FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 34,203 shares; 2024Q4: 34,203 shares; 2025Q1: 19,203 shares; 2025Q2: 19,203 shares 19,203$547K0.35%0Timeline
COLBCOLUMBIA BKG SYS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,286 shares; 2024Q4: 15,286 shares; 2025Q1: 22,686 shares; 2025Q2: 22,686 shares 22,686$530K0.33%0Timeline
USCBUSCB FINANCIAL HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 31,000 shares; 2024Q4: 29,269 shares; 2025Q1: 29,269 shares; 2025Q2: 31,729 shares 31,729$525K0.33%+2,460Timeline
AUBATLANTIC UN BANKSHARES CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 22,713 shares; 2024Q4: 22,713 shares; 2025Q1: 22,713 shares; 2025Q2: 16,578 shares 16,578$519K0.33%-6,135Timeline
UCBUNITED CMNTY BKS BLAIRSVLE GQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 17,032 shares; 2024Q4: 17,032 shares; 2025Q1: 17,032 shares; 2025Q2: 17,032 shares 17,032$507K0.32%0Timeline
XOMEXXON MOBIL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,500 shares; 2024Q4: 4,500 shares; 2025Q1: 4,500 shares; 2025Q2: 4,500 shares 4,500$485K0.31%0Timeline
ABCBAMERIS BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,376 shares; 2024Q4: 12,376 shares; 2025Q1: 12,376 shares; 2025Q2: 7,376 shares 7,376$477K0.3%-5,000Timeline
CIVBCIVISTA BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 19,420 shares; 2024Q4: 19,420 shares; 2025Q1: 19,420 shares; 2025Q2: 19,420 shares 19,420$451K0.28%0Timeline
ORRFORRSTOWN FINL SVCS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 25,900 shares; 2024Q4: 15,000 shares; 2025Q1: 15,000 shares; 2025Q2: 13,734 shares 13,734$437K0.28%-1,266Timeline
QCRHQCR HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,328 shares; 2024Q4: 6,328 shares; 2025Q1: 6,428 shares; 2025Q2: 6,428 shares 6,428$436K0.28%0Timeline
TAT&T INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 12,398 shares; 2025Q2: 14,998 shares 14,998$434K0.27%+2,600Timeline
HBANHUNTINGTON BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 16,337 shares; 2024Q4: 16,337 shares; 2025Q1: 14,337 shares; 2025Q2: 19,037 shares 19,037$319K0.2%+4,700Timeline
UWMCUWM HOLDINGS CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 150,000 shares; 2025Q1: not reported; 2025Q2: 70,000 shares 70,000$290K0.18%newTimeline
HIGHARTFORD INSURANCE GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,246 shares; 2024Q4: 2,246 shares; 2025Q1: 2,246 shares; 2025Q2: 2,246 shares 2,246$285K0.18%0Timeline
VVISA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 800 shares; 2024Q4: 800 shares; 2025Q1: 800 shares; 2025Q2: 800 shares 800$284K0.18%0Timeline
BMYBRISTOL-MYERS SQUIBB COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,107 shares; 2024Q4: 6,117 shares; 2025Q1: 6,117 shares; 2025Q2: 6,117 shares 6,117$283K0.18%0Timeline
AFBIAFFINITY BANCSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 15,027 shares 15,027$276K0.17%newTimeline
ZIONZIONS BANCORPORATION NATL ASQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,200 shares; 2024Q4: 5,200 shares; 2025Q1: 5,200 shares; 2025Q2: 5,200 shares 5,200$270K0.17%0Timeline
BOTJBANK OF THE JAMES FINL GP INQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,990 shares; 2024Q4: 18,990 shares; 2025Q1: 18,690 shares; 2025Q2: 18,690 shares 18,690$263K0.17%0Timeline
MSGSMADISON SQUARE GRDN SPRT CORQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 992 shares; 2024Q4: 992 shares; 2025Q1: not reported; 2025Q2: 2,306 shares 2,306$260K0.16%newTimeline
ALLALLSTATE CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,287 shares; 2024Q4: 1,287 shares; 2025Q1: 1,287 shares; 2025Q2: 1,287 shares 1,287$259K0.16%0Timeline
VZVERIZON COMMUNICATIONS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 5,628 shares 5,628$244K0.15%newTimeline
CBCHUBB LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 824 shares; 2024Q4: 824 shares; 2025Q1: 824 shares; 2025Q2: 824 shares 824$239K0.15%0Timeline
INDBINDEPENDENT BK CORP MASSQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,529 shares; 2024Q4: 3,529 shares; 2025Q1: 3,529 shares; 2025Q2: 3,529 shares 3,529$222K0.14%0Timeline
OPBKOP BANCORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 18,210 shares; 2024Q4: 18,210 shares; 2025Q1: 18,210 shares; 2025Q2: 15,084 shares 15,084$196K0.12%-3,126Timeline
VBNKVERSABANK NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 10,000 shares; 2025Q1: 10,000 shares; 2025Q2: 16,843 shares 16,843$192K0.12%+6,843Timeline
CARECARTER BANKSHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 10,744 shares 10,744$186K0.12%newTimeline
UBFOUNITED SEC BANCSHARES CALIFQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 27,071 shares; 2024Q4: 18,181 shares; 2025Q1: 18,181 shares; 2025Q2: 18,181 shares 18,181$157K0.1%0Timeline
CUECUE BIOPHARMA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 16,000 shares 16,000$10.9K0.01%newTimeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
CCITIGROUP INC COMcall499,900$5.9Mnew
BACBANK OF AMER CORP COMcall700,000$4.44Mnew
WFCWELLS FARGO & CO COMcall77,000$917Knew
FHNFIRST HORIZON CORPORATION Common Capital Stock, par value $0.625 per sharecall220,000$583Knew
CMACOMERICA INC COMcall53,700$347Knew
UWMCUWM HOLDINGS CORPORATION Stockcall325,000$165Knew

Sold out in Q2 2025

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

SecurityShares beforeValue beforeType
BACBANK OF AMER CORP1,096,900$2.75Mprincipal
CCITIGROUP INC407,100$2.61Mprincipal
MNSBMAINSTREET BANCSHARES INC33,448$559Kshares
ARANTERO RESOURCES CORP13,000$526Kshares
AMTBAMERANT BANCORP INC24,988$516Kshares
CMACOMERICA INC123,700$458Kprincipal
FHNFIRST HORIZON CORPORATION220,000$440Kprincipal
WFCWELLS FARGO & CO73,700$425Kprincipal
DVNDEVON ENERGY CORP NEW10,700$400Kshares
CBNKCAPITAL BANCORP INC MD9,208$261Kshares
ARANTERO RESOURCES CORP50,000$233Kprincipal
ONBOLD NATL BANCORP IND10,000$212Kshares
FDLFIRST TR EXCHANGE-TRADED FD4,675$203Kshares
UWMCUWM HOLDINGS CORPORATION150,000$128Kprincipal
FVCBFVCBANKCORP INC10,000$106Kshares
QSQUANTUMSCAPE CORP21,700$90.3Kshares
KEYKEYCORP40,500$24.9Kprincipal
QSQUANTUMSCAPE CORP28,000$840principal

How Q2 2025 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 0001085146-25-005200 base2025-08-14acceptance time not in the bulk data set