FJ Capital Management as of Sept. 30, 2025
Portfolio Holdings for FJ Capital Management
FJ Capital Management holds 142 positions in its portfolio as reported in the September 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Hometrust Bancshares (HTB) | 7.3 | $69M | 1.7M | 40.94 | |
| Southstate Bk Corp (SSB) | 5.6 | $52M | 528k | 98.87 | |
| Equity Bancshares Com Cl A (EQBK) | 5.3 | $50M | 1.2M | 40.70 | |
| Webster Financial Corporation (WBS) | 4.0 | $37M | 625k | 59.44 | |
| Seacoast Bkg Corp Fla Com New (SBCF) | 3.9 | $37M | 1.2M | 30.43 | |
| Southern First Bancshares (SFST) | 3.8 | $36M | 807k | 44.12 | |
| Old Second Ban (OSBC) | 3.5 | $33M | 1.9M | 17.29 | |
| Rbb Bancorp (RBB) | 3.0 | $28M | 1.5M | 18.76 | |
| Independent Bank (INDB) | 2.8 | $26M | 379k | 69.17 | |
| MidWestOne Financial (MOFG) | 2.4 | $23M | 797k | 28.29 | |
| Linkbancorp (LNKB) | 2.3 | $21M | 3.0M | 7.13 | |
| Southern California Bancorp (BCAL) | 2.3 | $21M | 1.3M | 16.68 | |
| WesBan (WSBC) | 2.2 | $21M | 654k | 31.93 | |
| Eastern Bankshares (EBC) | 1.9 | $18M | 976k | 18.15 | |
| Old National Ban (ONB) | 1.8 | $17M | 777k | 21.95 | |
| Independent Bk Corp Mich Com New (IBCP) | 1.8 | $17M | 550k | 30.98 | |
| U S Bancorp Del Com New (USB) | 1.8 | $17M | 348k | 48.33 | |
| QCR Holdings (QCRH) | 1.8 | $17M | 220k | 75.64 | |
| Southern Missouri Ban (SMBC) | 1.7 | $16M | 301k | 52.56 | |
| Western Alliance Bancorporation (WAL) | 1.6 | $15M | 175k | 86.72 | |
| Zions Bancorporation (ZION) | 1.6 | $15M | 268k | 56.58 | |
| Hanover Insurance (THG) | 1.3 | $12M | 66k | 181.63 | |
| First Fndtn (FFWM) | 1.2 | $12M | 2.1M | 5.57 | |
| Bank of America Corporation (BAC) | 1.2 | $11M | 216k | 51.59 | |
| First Merchants Corporation (FRME) | 1.2 | $11M | 295k | 37.70 | |
| Prosperity Bancshares (PB) | 1.0 | $9.6M | 145k | 66.35 | |
| Chain Bridge Bancorp Cl A (CBNA) | 1.0 | $9.6M | 294k | 32.73 | |
| Merchants Bancorp Ind (MBIN) | 1.0 | $9.4M | 297k | 31.80 | |
| John Marshall Ban (JMSB) | 0.9 | $8.5M | 430k | 19.82 | |
| First Busey Corp Com New (BUSE) | 0.9 | $8.5M | 366k | 23.15 | |
| State Street Corporation (STT) | 0.8 | $7.9M | 68k | 116.01 | |
| M/I Homes (MHO) | 0.8 | $7.7M | 54k | 144.44 | |
| TowneBank (TOWN) | 0.8 | $7.7M | 223k | 34.57 | |
| First American Financial (FAF) | 0.8 | $7.6M | 119k | 64.24 | |
| Jones Lang LaSalle Incorporated (JLL) | 0.8 | $7.6M | 25k | 298.28 | |
| Avidia Bancorp Common Stock | 0.8 | $7.4M | 497k | 14.94 | |
| Charles Schwab Corporation (SCHW) | 0.8 | $7.3M | 77k | 95.47 | |
| Mercury General Corporation (MCY) | 0.8 | $7.1M | 84k | 84.78 | |
| Cincinnati Financial Corporation (CINF) | 0.8 | $7.1M | 45k | 158.10 | |
| American Tower Reit (AMT) | 0.7 | $6.7M | 3.5k | 1923.20 | |
| Pennymac Financial Services (PFSI) | 0.7 | $6.4M | 52k | 123.88 | |
| Taylor Morrison Hom (TMHC) | 0.6 | $5.9M | 90k | 66.01 | |
| Hawthorn Bancshares (HWBK) | 0.6 | $5.9M | 191k | 31.04 | |
| Hci (HCI) | 0.6 | $5.7M | 30k | 191.93 | |
| Walker & Dunlop (WD) | 0.6 | $5.2M | 62k | 83.62 | |
| Welltower Inc Com reit (WELL) | 0.5 | $5.1M | 29k | 178.14 | |
| Brown & Brown (BRO) | 0.5 | $4.5M | 48k | 93.79 | |
| German American Ban (GABC) | 0.5 | $4.4M | 113k | 39.27 | |
| Reinsurance Grp Of America I Com New (RGA) | 0.5 | $4.3M | 23k | 192.13 | |
| Horizon Ban (HBNC) | 0.5 | $4.2M | 265k | 16.01 | |
| Acadia Rlty Tr Com Sh Ben Int (AKR) | 0.4 | $4.1M | 205k | 20.15 | |
| Toll Brothers (TOL) | 0.4 | $4.0M | 29k | 138.14 | |
| Intercontinental Exchange (ICE) | 0.4 | $3.9M | 23k | 168.48 | |
| Hercules Technology Growth Capital (HTGC) | 0.4 | $3.9M | 204k | 18.91 | |
| Annaly Capital Management In Com New (NLY) | 0.4 | $3.7M | 185k | 20.21 | |
| Globe Life (GL) | 0.4 | $3.7M | 26k | 142.97 | |
| Inventrust Pptys Corp Com New (IVT) | 0.4 | $3.6M | 124k | 28.62 | |
| Radian (RDN) | 0.4 | $3.6M | 98k | 36.22 | |
| Lexington Realty Trust (LXP) | 0.4 | $3.5M | 395k | 8.96 | |
| Arbor Realty Trust (ABR) | 0.4 | $3.3M | 269k | 12.21 | |
| American Healthcare Reit Com Shs (AHR) | 0.3 | $3.3M | 78k | 42.01 | |
| Voya Financial (VOYA) | 0.3 | $3.3M | 44k | 74.80 | |
| Citigroup Com New (C) | 0.3 | $3.2M | 32k | 101.50 | |
| Marex Group Ord (MRX) | 0.3 | $3.2M | 96k | 33.62 | |
| UMB Financial Corporation (UMBF) | 0.3 | $3.1M | 27k | 118.35 | |
| Apollo Commercial Real Est. Finance (ARI) | 0.3 | $3.0M | 300k | 10.13 | |
| Stifel Financial (SF) | 0.3 | $2.9M | 26k | 113.47 | |
| First Virginia Community Bank (FVCB) | 0.3 | $2.9M | 222k | 12.97 | |
| First Savings Financial (FSFG) | 0.3 | $2.9M | 92k | 31.43 | |
| Ryan Specialty Holdings Cl A (RYAN) | 0.3 | $2.7M | 48k | 56.36 | |
| Houlihan Lokey Cl A (HLI) | 0.3 | $2.4M | 12k | 205.32 | |
| Mid-America Apartment (MAA) | 0.2 | $2.2M | 16k | 139.73 | |
| SLM Corporation (SLM) | 0.2 | $2.2M | 79k | 27.68 | |
| Bank First National Corporation (BFC) | 0.2 | $2.1M | 18k | 121.31 | |
| Nicolet Bankshares (NIC) | 0.2 | $2.1M | 16k | 134.50 | |
| Sixth Street Specialty Lending (TSLX) | 0.2 | $2.1M | 92k | 22.86 | |
| CNO Financial (CNO) | 0.2 | $2.1M | 52k | 39.55 | |
| Agree Realty Corporation (ADC) | 0.2 | $2.0M | 28k | 71.04 | |
| First Industrial Realty Trust (FR) | 0.2 | $1.7M | 34k | 51.47 | |
| P10 Com Cl A (PX) | 0.2 | $1.7M | 156k | 10.88 | |
| Phillips Edison & Co Common Stock (PECO) | 0.2 | $1.6M | 48k | 34.33 | |
| Realty Income (O) | 0.2 | $1.6M | 27k | 60.79 | |
| Newmark Group Cl A (NMRK) | 0.2 | $1.6M | 83k | 18.65 | |
| Aon Shs Cl A (AON) | 0.2 | $1.5M | 4.2k | 356.58 | |
| Cme (CME) | 0.2 | $1.5M | 5.4k | 270.19 | |
| Janus Henderson Group Ord Shs (JHG) | 0.2 | $1.4M | 32k | 44.51 | |
| Extra Space Storage (EXR) | 0.1 | $1.4M | 9.8k | 140.94 | |
| Ares Management Corporation Cl A Com Stk (ARES) | 0.1 | $1.3M | 8.3k | 159.89 | |
| Visa Com Cl A (V) | 0.1 | $1.2M | 3.6k | 341.38 | |
| Wp Carey (WPC) | 0.1 | $1.2M | 18k | 67.57 | |
| Siriuspoint (SPNT) | 0.1 | $1.2M | 67k | 18.09 | |
| Skyward Specialty Insurance Gr (SKWD) | 0.1 | $1.2M | 26k | 47.56 | |
| Home BancShares (HOMB) | 0.1 | $1.2M | 42k | 28.30 | |
| Equity Residential Sh Cl A (EQR) | 0.1 | $1.2M | 18k | 64.73 | |
| Realogy Hldgs (HOUS) | 0.1 | $1.1M | 108k | 10.59 | |
| Essential Properties Realty reit (EPRT) | 0.1 | $1.1M | 38k | 29.76 | |
| Synchrony Financial (SYF) | 0.1 | $1.1M | 16k | 71.05 | |
| Artisan Partners Asset Mgmt Cl A (APAM) | 0.1 | $1.1M | 25k | 43.40 | |
| Mastercard Incorporated Cl A (MA) | 0.1 | $1.1M | 1.9k | 568.81 | |
| United Cmnty Bks Ga Cap Stk (UCB) | 0.1 | $1.0M | 33k | 31.35 | |
| Prologis (PLD) | 0.1 | $996k | 8.7k | 114.52 | |
| Cousins Pptys Com New (CUZ) | 0.1 | $992k | 34k | 28.94 | |
| Millrose Pptys Com Cl A (MRP) | 0.1 | $988k | 29k | 33.61 | |
| Sun Life Financial (SLF) | 0.1 | $980k | 16k | 60.03 | |
| Heritage Ins Hldgs (HRTG) | 0.1 | $950k | 38k | 25.18 | |
| ACI Worldwide (ACIW) | 0.1 | $808k | 15k | 52.77 | |
| Healthequity (HQY) | 0.1 | $794k | 8.4k | 94.77 | |
| Franklin Resources (BEN) | 0.1 | $723k | 31k | 23.13 | |
| Carlyle Group (CG) | 0.1 | $671k | 11k | 62.70 | |
| Cubesmart (CUBE) | 0.1 | $619k | 15k | 40.66 | |
| Gcm Grosvenor Com Cl A (GCMG) | 0.1 | $612k | 51k | 12.07 | |
| Affiliated Managers (AMG) | 0.1 | $610k | 2.6k | 238.43 | |
| Kingstone Companies (KINS) | 0.1 | $608k | 41k | 14.70 | |
| Curbline Pptys Corp (CURB) | 0.1 | $604k | 27k | 22.30 | |
| TPG Com Cl A (TPG) | 0.1 | $577k | 10k | 57.45 | |
| Brighthouse Finl (BHF) | 0.1 | $539k | 10k | 53.08 | |
| Elme Communities Sh Ben Int (ELME) | 0.1 | $514k | 31k | 16.86 | |
| National Retail Properties (NNN) | 0.1 | $492k | 12k | 42.57 | |
| Humana (HUM) | 0.0 | $447k | 1.7k | 260.17 | |
| Arthur J. Gallagher & Co. (AJG) | 0.0 | $425k | 1.4k | 309.74 | |
| Fidelity National Information Services (FIS) | 0.0 | $370k | 5.6k | 65.94 | |
| Universal Health Rlty Income Sh Ben Int (UHT) | 0.0 | $369k | 9.4k | 39.17 | |
| Dave Class A Com New (DAVE) | 0.0 | $363k | 1.8k | 199.35 | |
| Home Fed Bancorp Inc La (HFBL) | 0.0 | $342k | 25k | 13.77 | |
| Paramount Group Inc reit (PGRE) | 0.0 | $307k | 47k | 6.54 | |
| Jackson Financial Com Cl A (JXN) | 0.0 | $298k | 2.9k | 101.23 | |
| Broadstone Net Lease (BNL) | 0.0 | $265k | 15k | 17.87 | |
| Shift4 Pmts Cl A (FOUR) | 0.0 | $264k | 3.4k | 77.40 | |
| Park Hotels & Resorts Inc-wi (PK) | 0.0 | $261k | 24k | 11.08 | |
| United Ins Hldgs (ACIC) | 0.0 | $259k | 23k | 11.39 | |
| Brixmor Prty (BRX) | 0.0 | $254k | 9.2k | 27.68 | |
| Federated Hermes CL B (FHI) | 0.0 | $253k | 4.9k | 51.93 | |
| American Integrity Insurance Gro Ord (AII) | 0.0 | $252k | 11k | 22.31 | |
| Nortonlifelock (GEN) | 0.0 | $246k | 8.7k | 28.39 | |
| Kilroy Realty Corporation (KRC) | 0.0 | $232k | 5.5k | 42.25 | |
| Automatic Data Processing (ADP) | 0.0 | $231k | 787.00 | 293.50 | |
| UnitedHealth (UNH) | 0.0 | $222k | 643.00 | 345.30 | |
| Hamilton Lane Cl A (HLNE) | 0.0 | $217k | 1.6k | 134.79 | |
| Global Payments (GPN) | 0.0 | $196k | 2.4k | 83.08 | |
| QuinStreet (QNST) | 0.0 | $135k | 8.7k | 15.47 | |
| Sunstone Hotel Investors (SHO) | 0.0 | $123k | 13k | 9.37 | |
| Brandywine Rlty Tr Sh Ben Int New (BDN) | 0.0 | $114k | 27k | 4.17 |
