FJ Capital Management as of Dec. 31, 2025
Portfolio Holdings for FJ Capital Management
FJ Capital Management holds 128 positions in its portfolio as reported in the December 2025 quarterly 13F filing
| Company (Ticker) | Portfolio Weight | Valued At | Change in Shares | Share Count | Share Price |
|---|---|---|---|---|---|
| Southstate Bk Corp (SSB) | 8.4 | $77M | 813k | 94.11 | |
| Hometrust Bancshares (HTB) | 8.0 | $73M | 1.7M | 42.94 | |
| Equity Bancshares Com Cl A (EQBK) | 6.0 | $55M | 1.2M | 44.65 | |
| Seacoast Bkg Corp Fla Com New (SBCF) | 4.7 | $43M | 1.4M | 31.42 | |
| Southern First Bancshares (SFST) | 4.6 | $42M | 807k | 51.52 | |
| Western Alliance Bancorporation (WAL) | 4.0 | $36M | 433k | 84.07 | |
| Old Second Ban (OSBC) | 3.9 | $36M | 1.8M | 19.50 | |
| Rbb Bancorp (RBB) | 3.4 | $31M | 1.5M | 20.64 | |
| MidWestOne Financial (MOFG) | 3.4 | $31M | 798k | 38.50 | |
| Webster Financial Corporation (WBS) | 2.7 | $24M | 385k | 62.94 | |
| First Merchants Corporation (FRME) | 2.6 | $24M | 634k | 37.48 | |
| Southern California Bancorp (BCAL) | 2.6 | $24M | 1.3M | 18.67 | |
| Us Bancorp Del Com New (USB) | 2.2 | $20M | 373k | 53.36 | |
| Horizon Ban (HBNC) | 2.0 | $18M | 1.1M | 16.96 | |
| Southern Missouri Ban (SMBC) | 2.0 | $18M | 301k | 59.12 | |
| Eastern Bankshares (EBC) | 1.9 | $17M | 927k | 18.43 | |
| Independent Bank (INDB) | 1.9 | $17M | 231k | 73.08 | |
| Old National Ban (ONB) | 1.8 | $16M | 717k | 22.31 | |
| Zions Bancorporation (ZION) | 1.5 | $14M | 239k | 58.54 | |
| Morgan Stanley Com New (MS) | 1.5 | $13M | 75k | 177.53 | |
| Independent Bk Corp Mich Com New (IBCP) | 1.4 | $13M | 385k | 32.53 | |
| WesBan (WSBC) | 1.3 | $12M | 347k | 33.24 | |
| QCR Holdings (QCRH) | 1.2 | $11M | 133k | 83.30 | |
| Chain Bridge Bancorp Cl A (CBNA) | 1.1 | $10M | 294k | 34.64 | |
| Avidia Bancorp Common Stock (AVBC) | 0.9 | $8.4M | 497k | 16.81 | |
| John Marshall Ban (JMSB) | 0.9 | $8.3M | 413k | 19.99 | |
| Skyward Specialty Insurance Gr (SKWD) | 0.8 | $7.4M | 145k | 51.11 | |
| Stifel Financial (SF) | 0.8 | $7.3M | 59k | 125.22 | |
| Newmark Group Cl A (NMRK) | 0.8 | $7.3M | 419k | 17.34 | |
| Hanover Insurance (THG) | 0.8 | $6.8M | 37k | 182.77 | |
| Hawthorn Bancshares (HWBK) | 0.7 | $6.7M | 191k | 34.88 | |
| TowneBank (TOWN) | 0.7 | $6.1M | 183k | 33.37 | |
| Exzeo Group Com Shs (XZO) | 0.6 | $5.8M | 238k | 24.25 | |
| Cincinnati Financial Corporation (CINF) | 0.6 | $5.4M | 33k | 163.32 | |
| Cme (CME) | 0.6 | $5.2M | 19k | 273.08 | |
| CVB Financial (CVBF) | 0.6 | $5.1M | 275k | 18.60 | |
| Acadia Rlty Tr Com Sh Ben Int (AKR) | 0.6 | $5.1M | 248k | 20.54 | |
| Linkbancorp (LNKB) | 0.5 | $4.9M | 597k | 8.26 | |
| Globe Life (GL) | 0.5 | $4.9M | 35k | 139.86 | |
| Reinsurance Grp Of America I Com New (RGA) | 0.5 | $4.8M | 23k | 203.46 | |
| P10 Com Cl A (PX) | 0.5 | $4.5M | 458k | 9.81 | |
| TriCo Bancshares (TCBK) | 0.5 | $4.4M | 93k | 47.37 | |
| German American Ban (GABC) | 0.5 | $4.3M | 109k | 39.18 | |
| Wealthfront Corp (WLTH) | 0.5 | $4.3M | 314k | 13.59 | |
| LXP Industrial Trust (LXP) | 0.5 | $4.1M | 84k | 49.58 | |
| Jones Lang LaSalle Incorporated (JLL) | 0.4 | $4.0M | 12k | 336.47 | |
| Welltower Inc Com reit (WELL) | 0.4 | $3.9M | 21k | 185.61 | |
| Hoyne Bancorp (HYNE) | 0.4 | $3.8M | 261k | 14.49 | |
| Pennymac Financial Services (PFSI) | 0.4 | $3.8M | 29k | 131.84 | |
| Etoro Group Shs Cl A (ETOR) | 0.4 | $3.7M | 105k | 35.13 | |
| MarketAxess Holdings (MKTX) | 0.4 | $3.7M | 20k | 181.25 | |
| Hci (HCI) | 0.4 | $3.6M | 19k | 191.69 | |
| Pulte (PHM) | 0.4 | $3.6M | 31k | 117.26 | |
| Inventrust Pptys Corp Com New (IVT) | 0.4 | $3.5M | 124k | 28.21 | |
| Hercules Technology Growth Capital (HTGC) | 0.4 | $3.2M | 170k | 18.82 | |
| American Integrity Insurance Gro Ord (AII) | 0.4 | $3.2M | 154k | 20.83 | |
| Marex Group Ord (MRX) | 0.3 | $3.1M | 81k | 38.36 | |
| UMB Financial Corporation (UMBF) | 0.3 | $3.1M | 27k | 115.04 | |
| Skyline Corporation (SKY) | 0.3 | $3.0M | 36k | 84.50 | |
| First Savings Financial | 0.3 | $2.9M | 92k | 31.86 | |
| First Industrial Realty Trust (FR) | 0.3 | $2.7M | 46k | 57.27 | |
| Voya Financial (VOYA) | 0.3 | $2.6M | 35k | 74.49 | |
| Ezcorp Cl A Non Vtg (EZPW) | 0.3 | $2.6M | 134k | 19.42 | |
| Agree Realty Corporation (ADC) | 0.3 | $2.6M | 36k | 72.03 | |
| Nicolet Bankshares (NIC) | 0.3 | $2.5M | 20k | 121.30 | |
| American Healthcare Reit Com Shs (AHR) | 0.3 | $2.4M | 51k | 47.06 | |
| Capital Southwest Corporation (CSWC) | 0.2 | $2.1M | 93k | 22.15 | |
| CNO Financial (CNO) | 0.2 | $1.7M | 39k | 42.47 | |
| Cto Realty Growth (CTO) | 0.2 | $1.7M | 90k | 18.41 | |
| Annaly Capital Management In Com New (NLY) | 0.2 | $1.6M | 73k | 22.36 | |
| Millrose Pptys Com Cl A (MRP) | 0.2 | $1.6M | 54k | 29.87 | |
| Siriuspoint (SPNT) | 0.2 | $1.6M | 71k | 21.89 | |
| Mid-America Apartment (MAA) | 0.2 | $1.5M | 11k | 138.91 | |
| Alerus Finl (ALRS) | 0.2 | $1.5M | 67k | 22.52 | |
| First Bancorp P R Com New (FBP) | 0.2 | $1.4M | 67k | 20.73 | |
| Kingstone Companies (KINS) | 0.1 | $1.3M | 78k | 16.83 | |
| Sixth Street Specialty Lending (TSLX) | 0.1 | $1.3M | 58k | 21.72 | |
| Healthequity (HQY) | 0.1 | $1.2M | 14k | 91.61 | |
| Equity Residential Sh Ben Int (EQR) | 0.1 | $1.1M | 18k | 63.04 | |
| Curbline Pptys Corp (CURB) | 0.1 | $1.1M | 48k | 23.21 | |
| Bowhead Specialty Hldgs Com Shs (BOW) | 0.1 | $1.1M | 39k | 28.54 | |
| Artisan Partners Asset Mgmt Cl A (APAM) | 0.1 | $1.0M | 25k | 40.74 | |
| Elme Communities Sh Ben Int (ELME) | 0.1 | $941k | 54k | 17.40 | |
| Tanger Factory Outlet Centers (SKT) | 0.1 | $929k | 28k | 33.37 | |
| Dynex Cap (DX) | 0.1 | $884k | 63k | 14.01 | |
| ACI Worldwide (ACIW) | 0.1 | $861k | 18k | 47.81 | |
| EastGroup Properties (EGP) | 0.1 | $853k | 4.8k | 178.14 | |
| Digital Realty Trust (DLR) | 0.1 | $834k | 5.4k | 154.71 | |
| Affiliated Managers (AMG) | 0.1 | $737k | 2.6k | 288.28 | |
| Ladder Cap Corp Cl A (LADR) | 0.1 | $732k | 67k | 10.99 | |
| Prologis (PLD) | 0.1 | $731k | 5.7k | 127.66 | |
| Fair Isaac Corporation (FICO) | 0.1 | $715k | 423.00 | 1690.62 | |
| Visa Com Cl A (V) | 0.1 | $689k | 2.0k | 350.71 | |
| Mastercard Incorporated Cl A (MA) | 0.1 | $607k | 1.1k | 570.88 | |
| Blackstone Mtg Tr Com Cl A (BXMT) | 0.1 | $606k | 32k | 19.13 | |
| Janus Henderson Group Ord Shs (JHG) | 0.1 | $575k | 12k | 47.57 | |
| Kkr & Co (KKR) | 0.1 | $549k | 4.3k | 127.48 | |
| Axis Cap Hldgs SHS (AXS) | 0.1 | $526k | 4.9k | 107.09 | |
| Essential Properties Realty reit (EPRT) | 0.1 | $524k | 18k | 29.66 | |
| Berkshire Hathaway Inc Del Cl B New (BRK.B) | 0.1 | $523k | 1.0k | 502.65 | |
| Palomar Hldgs (PLMR) | 0.1 | $521k | 3.9k | 134.76 | |
| Netstreit Corp (NTST) | 0.1 | $515k | 29k | 17.64 | |
| Progressive Corporation (PGR) | 0.1 | $502k | 2.2k | 227.72 | |
| Ventas (VTR) | 0.1 | $495k | 6.4k | 77.38 | |
| Shopify Cl A Sub Vtg Shs (SHOP) | 0.1 | $489k | 3.0k | 160.97 | |
| Wp Carey (WPC) | 0.1 | $456k | 7.1k | 64.36 | |
| Stock Yards Ban (SYBT) | 0.0 | $413k | 6.4k | 64.95 | |
| Dave Class A Com New (DAVE) | 0.0 | $403k | 1.8k | 221.41 | |
| Synchrony Financial (SYF) | 0.0 | $393k | 4.7k | 83.43 | |
| Postal Realty Trust Cl A (PSTL) | 0.0 | $379k | 24k | 16.14 | |
| Fidelity National Information Services (FIS) | 0.0 | $373k | 5.6k | 66.46 | |
| Universal Health Rlty Income Sh Ben Int (UHT) | 0.0 | $369k | 9.4k | 39.21 | |
| Blackstone Group Inc Com Cl A (BX) | 0.0 | $317k | 2.1k | 154.14 | |
| Accelerant Holdings Cl A (ARX) | 0.0 | $294k | 18k | 16.35 | |
| Jackson Financial Com Cl A (JXN) | 0.0 | $292k | 2.7k | 106.65 | |
| Neptune Ins Hldgs Cl A (NP) | 0.0 | $289k | 9.9k | 29.16 | |
| Capital One Financial (COF) | 0.0 | $289k | 1.2k | 242.36 | |
| Broadstone Net Lease (BNL) | 0.0 | $257k | 15k | 17.37 | |
| Ares Management Corporation Cl A Com Stk (ARES) | 0.0 | $252k | 1.6k | 161.63 | |
| The Baldwin Insurance Grp In Com Cl A (BWIN) | 0.0 | $251k | 11k | 24.03 | |
| Extra Space Storage (EXR) | 0.0 | $245k | 1.9k | 130.22 | |
| Nortonlifelock (GEN) | 0.0 | $236k | 8.7k | 27.19 | |
| Federated Hermes CL B (FHI) | 0.0 | $228k | 4.4k | 52.07 | |
| First Virginia Community Bank (FVCB) | 0.0 | $224k | 16k | 13.91 | |
| TPG Com Cl A (TPG) | 0.0 | $217k | 3.4k | 63.84 | |
| Shift4 Pmts Cl A (FOUR) | 0.0 | $215k | 3.4k | 62.97 | |
| Alliance Data Systems Corporation (BFH) | 0.0 | $201k | 2.7k | 74.03 | |
| Hudson Pac Pptys (HPP) | 0.0 | $157k | 15k | 10.83 |
