Fj Capital Management 13F annual report

Fj Capital Management is an investment fund managing more than $983 billion ran by Andrew Jose. There are currently 98 companies in Mr. Jose’s portfolio. The largest investments include Independent Bank Inc and HomeTrust Bancshares Inc, together worth $98 billion.

$983 billion Assets Under Management (AUM)

As of 7th May 2024, Fj Capital Management’s top holding is 1,148,531 shares of Independent Bank Inc currently worth over $52.4 billion and making up 5.3% of the portfolio value. Relative to the number of outstanding shares of Independent Bank Inc, Fj Capital Management owns more than approximately 0.1% of the company. In addition, the fund holds 1,668,388 shares of HomeTrust Bancshares Inc worth $45.6 billion, whose value grew 20.8% in the past six months. The third-largest holding is First Bancshares Inc Ms worth $39.5 billion and the next is Independent Bk Corp Mich worth $39 billion, with 1,539,427 shares owned.

Currently, Fj Capital Management's portfolio is worth at least $983 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Fj Capital Management

The Fj Capital Management office and employees reside in Mclean, Virginia. According to the last 13-F report filed with the SEC, Andrew Jose serves as the Co-Founder and Managing Partner at Fj Capital Management.

Recent trades

In the most recent 13F filing, Fj Capital Management revealed that it had opened a new position in Five Star Bancorp and bought 480,216 shares worth $10.8 billion.

The investment fund also strengthened its position in Independent Bank Inc by buying 732,446 additional shares. This makes their stake in Independent Bank Inc total 1,148,531 shares worth $52.4 billion. Independent Bank Inc dropped approximately 0.1% in the past year.

On the other hand, there are companies that Fj Capital Management is getting rid of from its portfolio. Fj Capital Management closed its position in Columbia Bkg Sys Inc on 14th May 2024. It sold the previously owned 1,577,947 shares for $32 billion. Andrew Jose also disclosed a decreased stake in HomeTrust Bancshares Inc by approximately 0.1%. This leaves the value of the investment at $45.6 billion and 1,668,388 shares.

One of the average hedge funds

The two most similar investment funds to Fj Capital Management are Meeder Advisory Services and Lyell Wealth Management, L.P.. They manage $983 billion and $984 billion respectively.


Andrew Jose investment strategy

Fj Capital Management’s portfolio is diversified across 6 sectors. Currently, their heaviest sector is Finance — making up 50.6% of the total portfolio value. The fund focuses on investments in the United States as 48.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 11% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $10.1 billion.

The complete list of Fj Capital Management trades based on 13F SEC filings

These positions were updated on May 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security Shares Owned Value Allocation
Independent Bank Group Inc
176.03%
1,148,531
$52,430,440,000 5.33%
HomeTrust Bancshares Inc
0.64%
1,668,388
$45,613,728,000 4.64%
First Bancshares Inc Ms
8.91%
1,522,420
$39,506,799,000 4.02%
Independent Bk Corp Mich
19.46%
1,539,427
$39,024,474,000 3.97%
Western Alliance Bancorp
40.65%
590,441
$37,900,408,000 3.86%
Wintrust Finl Corp
20.04%
358,151
$37,387,383,000 3.80%
Heritage Comm Corp
171.16%
4,230,449
$36,297,252,000 3.69%
Ameris Bancorp
17.26%
719,495
$34,809,168,000 3.54%
Banc of California Inc
61.30%
2,206,208
$33,556,424,000 3.41%
Midland States Bancorp Inc
0.88%
1,305,573
$32,809,049,000 3.34%
Columbia Bkg Sys Inc
Closed
1,577,947
$32,032,324,000
RBB Bancorp
7.33%
1,765,953
$31,804,814,000 3.24%
Old Second Bancorp Inc Ill
13.53%
2,289,475
$31,686,334,000 3.22%
Equity Bancshares Inc
10.42%
920,747
$31,646,074,000 3.22%
Home Bancorp Inc
No change
788,106
$30,192,341,000 3.07%
Qcr Holdings Inc
26.13%
484,993
$29,458,475,000 3.00%
Southern Mo Bancorp Inc
18.06%
604,993
$26,444,244,000 2.69%
Southern First Bancshares Inc
2.05%
807,223
$25,637,402,000 2.61%
Eastern Bankshares, Inc.
61.93%
1,826,023
$25,162,597,000 2.56%
Sterling Bancorp Inc
3.78%
4,191,841
$21,629,900,000 2.20%
Linkbancorp Inc
107.01%
3,086,741
$21,421,983,000 2.18%
Old Natl Bancorp Ind
Closed
1,387,581
$20,175,428,000
Codorus Vy Bancorp Inc
No change
855,131
$19,462,782,000 1.98%
FVCBankcorp Inc
24.26%
1,445,771
$17,609,491,000 1.79%
ESSA Bancorp Inc
8.81%
941,992
$17,172,514,000 1.75%
Evans Bancorp Inc
No change
540,233
$16,131,357,000 1.64%
Pioneer Bancorp Inc Md
10.54%
1,607,359
$15,768,192,000 1.60%
Citizens Cmnty Bancorp Inc M
No change
951,594
$11,561,867,000 1.18%
Banner Corp.
35.92%
232,750
$11,172,000,000 1.14%
Veritex Holdings Inc
No change
529,907
$10,857,794,000 1.10%
Five Star Bancorp
Opened
480,216
$10,804,860,000 1.10%
Riverview Bancorp, Inc.
No change
2,173,569
$10,259,246,000 1.04%
Cnb Finl Corp Pa
Closed
538,016
$9,743,470,000
Hawthorn Bancshares Inc
553.67%
469,902
$9,600,098,000 0.98%
Merchants Bancorp Ind
Closed
309,101
$8,568,280,000
Axos Financial Inc.
Closed
225,421
$8,534,439,000
Capstar Finl Hldgs Inc
Closed
593,028
$8,415,067,000
Premier Financial Corp.
No change
408,947
$8,301,624,000 0.84%
Sound Finl Bancorp Inc
No change
203,574
$8,283,426,000 0.84%
Partners Bancorp
Closed
1,052,086
$8,153,667,000
Southern Calif Bancorp
3.05%
542,252
$8,084,977,000 0.82%
Texas Cap Bancshares Inc
Closed
137,264
$8,084,850,000
First Svgs Finl Group Inc
No change
394,472
$6,607,406,000 0.67%
Old Point Finl Corp
No change
360,015
$6,390,266,000 0.65%
Stellar Bancorp Inc
43.76%
246,560
$6,006,202,000 0.61%
Oceanfirst Finl Corp
Closed
413,874
$5,988,757,000
Hmn Finl Inc
No change
283,453
$5,980,858,000 0.61%
Cambridge Bancorp
Closed
89,491
$5,574,394,000
First Westn Finl Inc
No change
369,263
$5,383,855,000 0.55%
HCI Group Inc
7.31%
44,625
$5,180,070,000 0.53%
Sb Finl Group Inc
No change
373,521
$5,147,119,000 0.52%
National Bk Hldgs Corp
Closed
162,084
$4,823,620,000
United Sec Bancshares Calif
No change
615,032
$4,741,897,000 0.48%
Reinsurance Grp Of America I
11.34%
23,688
$4,568,941,000 0.46%
John Marshall Bancorp Inc
102.53%
215,655
$3,864,538,000 0.39%
Agnc Invt Corp
Opened
383,869
$3,800,303,000 0.39%
Nasdaq Inc
Closed
69,336
$3,369,036,000
SS&C Technologies Holdings Inc
Opened
51,070
$3,287,376,000 0.33%
Midwestone Finl Group Inc Ne
7.34%
136,086
$3,189,856,000 0.32%
First Merchants Corp.
Closed
109,362
$3,042,451,000
Seacoast Bkg Corp Fla
Closed
131,246
$2,882,162,000
NMI Holdings Inc
Opened
87,165
$2,818,916,000 0.29%
Sixth Street Specialty Lendi
Opened
131,032
$2,808,016,000 0.29%
Walker & Dunlop Inc
Opened
27,515
$2,780,666,000 0.28%
Mr. Cooper Group Inc
30.61%
34,942
$2,723,729,000 0.28%
Envestnet Inc.
Closed
61,190
$2,694,196,000
Brown & Brown, Inc.
42.60%
30,473
$2,667,606,000 0.27%
Jones Lang Lasalle Inc.
Opened
13,612
$2,655,565,000 0.27%
Progressive Corp.
47.70%
12,817
$2,650,812,000 0.27%
Pennymac Finl Svcs Inc New
Opened
27,137
$2,471,909,000 0.25%
Franklin Bsp Rlty Tr Inc
Opened
182,641
$2,440,084,000 0.25%
Allstate Corp (The)
4.08%
13,327
$2,305,704,000 0.23%
M/i Homes Inc
Opened
15,222
$2,074,606,000 0.21%
Fidus Invt Corp
Opened
104,004
$2,053,039,000 0.21%
Taylor Morrison Home Corp.
Opened
33,007
$2,052,045,000 0.21%
Capital Southwest Corp.
Opened
82,205
$2,051,837,000 0.21%
Meritage Homes Corp.
Opened
11,587
$2,033,055,000 0.21%
Pulte Group Inc
Closed
26,832
$1,986,910,000
Elevance Health Inc
Opened
3,784
$1,962,155,000 0.20%
State Str Corp
Opened
25,337
$1,959,057,000 0.20%
Trinity Cap Inc
0.03%
133,447
$1,959,002,000 0.20%
Kemper Corp
45.82%
31,623
$1,958,096,000 0.20%
Welltower Inc.
154.41%
19,946
$1,863,754,000 0.19%
Ladder Cap Corp
Opened
167,219
$1,861,147,000 0.19%
Acadia Rlty Tr
Opened
109,260
$1,858,513,000 0.19%
Toll Brothers Inc.
Closed
24,650
$1,823,114,000
Arch Cap Group Ltd
23.91%
19,692
$1,820,328,000 0.19%
Newmark Group Inc
Closed
278,783
$1,792,575,000
Piper Sandler Companies
Closed
12,238
$1,778,304,000
Shore Bancshares Inc.
No change
152,641
$1,755,372,000 0.18%
Phillips Edison & Co Inc
17.93%
48,696
$1,746,726,000 0.18%
Landsea Homes Corp
Closed
193,386
$1,738,540,000
Tri Pointe Homes Inc.
Closed
60,752
$1,661,567,000
Prologis Inc
11.29%
12,622
$1,643,637,000 0.17%
Lazard Inc.
Opened
38,900
$1,628,743,000 0.17%
Gallagher Arthur J & Co
Closed
7,027
$1,601,664,000
Clearwater Analytics Hldgs I
Opened
89,050
$1,575,295,000 0.16%
Cincinnati Finl Corp
Closed
15,292
$1,564,219,000
Hovnanian Enterprises, Inc.
Opened
9,836
$1,543,662,000 0.16%
Paylocity Hldg Corp
Closed
8,419
$1,529,732,000
Assured Guaranty Ltd
Closed
24,963
$1,510,761,000
Richmond Mut Bancorporation
Closed
133,685
$1,490,588,000
Golub Cap Bdc Inc
Closed
100,141
$1,469,068,000
Zillow Group Inc
41.46%
30,018
$1,464,278,000 0.15%
Community West Bancshares.
No change
93,344
$1,444,965,000 0.15%
P10 Inc
Closed
123,958
$1,444,111,000
Huntington Bancshares, Inc.
57.61%
103,179
$1,439,347,000 0.15%
Dynex Cap Inc
Closed
115,699
$1,381,446,000
BayCom Corp
No change
64,836
$1,336,270,000 0.14%
Blackstone Secd Lending Fd
Closed
46,551
$1,273,635,000
Heartland Finl Usa Inc
Opened
36,010
$1,265,752,000 0.13%
Peoples Bancorp Inc
Closed
48,304
$1,225,956,000
Carlyle Group Inc (The)
Opened
24,849
$1,165,667,000 0.12%
Umb Finl Corp
Opened
13,301
$1,157,054,000 0.12%
Fifth Third Bancorp
Closed
42,566
$1,078,197,000
Goosehead Ins Inc
9.12%
15,306
$1,019,686,000 0.10%
Hercules Capital Inc
Closed
60,806
$998,435,000
Equinix Inc
57.70%
1,192
$983,793,000 0.10%
Arbor Realty Trust Inc.
Closed
58,242
$884,114,000
Mastercard Incorporated
Closed
2,227
$881,692,000
Stag Indl Inc
Closed
24,873
$858,367,000
Fidelity National Financial Inc
Closed
19,401
$801,261,000
Tfs Finl Corp
Opened
63,493
$797,472,000 0.08%
EverQuote Inc
Opened
35,553
$659,864,000 0.07%
Blue Owl Capital Corporation
Closed
45,348
$628,070,000
Avalonbay Cmntys Inc
Closed
3,619
$621,527,000
Capital Bancorp Inc Md
186.49%
29,508
$614,652,000 0.06%
American Intl Group Inc
27.55%
7,579
$592,450,000 0.06%
Hanover Ins Group Inc
Closed
4,884
$542,026,000
Blue Owl Capital Inc
Opened
27,578
$520,121,000 0.05%
Americold Realty Trust Inc
45.44%
20,782
$517,887,000 0.05%
Synchrony Financial
Opened
11,615
$500,839,000 0.05%
First Horizon Corporation
Opened
32,495
$500,423,000 0.05%
Park Hotels & Resorts Inc
Opened
24,268
$424,447,000 0.04%
Siriuspoint Ltd
Opened
32,996
$419,379,000 0.04%
Corebridge Finl Inc
Opened
11,978
$344,128,000 0.04%
Janus Henderson Group plc
Closed
13,256
$342,270,000
Blackrock Inc.
Closed
518
$334,882,000
Pagaya Technologies Ltd
Opened
30,000
$303,000,000 0.03%
Popular Inc.
Closed
4,188
$263,886,000
Home Fed Bancorp Inc La New
Opened
14,855
$180,563,000 0.02%
Urban Edge Pptys
Closed
10,507
$160,337,000
No transactions found
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