Institutions / FJ Capital Management LLC / Holdings

FJ Capital Management LLC

All holdings · as of Dec 31, 2025

Company	Class	Value	Shares	% of portfolio
SouthState Bank CorpSSB	Common Stock	$76.51M	813,033	8.4%
HomeTrust Bancshares, Inc.HTB	Common Stock	$72.72M	1,693,553	8.0%
Equity Bancshares Inc. (EQBK)	—	$54.73M	1,225,687	6.0%
SEACOAST BANKING CORP OF FLORIDA	—	$42.78M	1,361,677	4.7%
SOUTHERN FIRST BANCSHARES INC	—	$41.59M	807,223	4.6%
Western Alliance Bancorp	—	$36.37M	432,672	4.0%
OLD SECOND BANCORP INC	—	$35.68M	1,829,665	3.9%
RBB Bancorp	—	$31.20M	1,511,408	3.4%
MidWestOne Financial Group, Inc.MOFG	Common Stock	$30.72M	797,816	3.4%
WEBSTER FINANCIAL CORP	—	$24.22M	384,743	2.7%
FIRST MERCHANTS CORP	—	$23.75M	633,668	2.6%
California BanCorpBCAL	Common Stock	$23.74M	1,271,636	2.6%
US BANCORP \DE	—	$19.93M	373,433	2.2%
HORIZON BANCORP INC /IN	—	$18.38M	1,083,840	2.0%
SOUTHERN MISSOURI BANCORP, INC.	—	$17.79M	300,944	2.0%
Eastern Bankshares, Inc.	—	$17.08M	926,841	1.9%
INDEPENDENT BANK CORP	—	$16.85M	230,533	1.9%
OLD NATIONAL BANCORP /IN	—	$16.00M	717,018	1.8%
Zions Bancorp NA	—	$14.00M	239,124	1.5%
Morgan Stanley	—	$13.27M	74,759	1.5%
INDEPENDENT BANK CORP /MI	—	$12.53M	385,088	1.4%
WESBANCO INC	—	$11.54M	347,136	1.3%
QCR HOLDINGS INC	—	$11.07M	132,898	1.2%
CHAIN BRIDGE BANCORP INCCBNA	Common Stock	$10.18M	293,788	1.1%
Avidia Bancorp, Inc.AVBC	Common Stock	$8.36M	497,258	0.9%
John Marshall Bancorp, Inc.JMSB	Common Stock	$8.25M	412,945	0.9%
Skyward Specialty Insurance Group, Inc.	—	$7.40M	144,736	0.8%
STIFEL FINANCIAL CORP	—	$7.32M	58,497	0.8%
NEWMARK GROUP, INC.	—	$7.26M	418,973	0.8%
HANOVER INSURANCE GROUP, INC.	—	$6.84M	37,427	0.8%
HAWTHORN BANCSHARES, INC.HWBK	Common Stock	$6.65M	190,710	0.7%
TOWNEBANK PORTSMOUTH VA	—	$6.09M	182,586	0.7%
Exzeo Group, Inc.XZO	Common Stock	$5.77M	237,856	0.6%
CINCINNATI FINANCIAL CORP	—	$5.36M	32,836	0.6%
CME Group Inc	—	$5.24M	19,187	0.6%
CVB FINANCIAL CORP	—	$5.12M	275,132	0.6%
Acadia Realty Trust	—	$5.09M	247,622	0.6%
LINKBANCORP, Inc.LNKB	Common Stock	$4.93M	596,930	0.5%
GLOBE LIFE INC.	—	$4.90M	35,065	0.5%
REINSURANCE GROUP OF AMERICA INC	—	$4.75M	23,361	0.5%
Ridgepost Capital, Inc.	—	$4.49M	457,474	0.5%
TRICO BANCSHARES	—	$4.38M	92,492	0.5%
GERMAN AMERICAN BANCORP, INC.	—	$4.27M	109,019	0.5%
WEALTHFRONT CORPWLTH	Common Stock	$4.27M	314,187	0.5%
LXP INDUSTRIAL TRUST	—	$4.14M	83,499	0.5%
Jones Lang LaSalle Inc	—	$3.96M	11,774	0.4%
Welltower, Inc.	—	$3.89M	20,975	0.4%
HOYNE BANCORP INC	—	$3.78M	261,000	0.4%
PennyMac Financial Services, Inc.	—	$3.77M	28,562	0.4%
eToro Group Ltd.	—	$3.68M	104,861	0.4%