KBW

KBW as of Sept. 30, 2012

Portfolio Holdings for KBW

KBW holds 117 positions in its portfolio as reported in the September 2012 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Capital One Financial (COF) 6.8 $6.3M 110k 57.01
Park Sterling Bk Charlott 4.0 $3.7M 747k 4.94
Duff & Phelps Corporation 2.8 $2.6M 190k 13.61
Oriental Financial 2.8 $2.6M 245k 10.52
Hatteras Financial 2.8 $2.5M 90k 28.19
Blackstone 2.7 $2.5M 175k 14.28
KKR & Co 2.7 $2.5M 164k 15.11
People's United Financial 2.7 $2.5M 203k 12.12
POWERSHARES ETF TRUST II KBW HG Yld Fin 2.7 $2.4M 100k 24.37
ProAssurance Corporation (PRA) 2.4 $2.2M 25k 90.43
Citizens Republic Bancorp In 2.3 $2.1M 111k 19.35
PHH Corporation 2.3 $2.1M 102k 20.34
MB Financial 2.0 $1.8M 93k 19.75
Starwood Hotels & Resorts Worldwide 1.9 $1.7M 30k 57.97
Colony Financial 1.8 $1.7M 85k 19.47
Columbia Banking System (COLB) 1.7 $1.6M 85k 18.54
Financial Select Sector SPDR (XLF) 1.7 $1.6M 100k 15.59
Anworth Mortgage Asset Corporation 1.7 $1.5M 228k 6.80
Two Harbors Investment 1.6 $1.5M 125k 11.75
Lincoln National Corporation (LNC) 1.6 $1.5M 60k 24.18
Wells Fargo & Company (WFC) 1.5 $1.4M 40k 34.52
Key (KEY) 1.4 $1.3M 150k 8.74
Jefferies 1.4 $1.3M 95k 13.68
PNC Financial Services (PNC) 1.4 $1.3M 20k 63.10
M&T Bank Corporation (MTB) 1.4 $1.2M 13k 95.15
Ace Limited Cmn 1.3 $1.2M 16k 75.62
Interactive Brokers (IBKR) 1.2 $1.1M 78k 14.01
Discover Financial Services 1.1 $993k 25k 39.72
Beacon Federal Ban (BFED) 1.1 $994k 48k 20.57
State Street Corporation (STT) 1.0 $944k 23k 41.96
ESSA Ban (ESSA) 1.0 $935k 90k 10.39
Barclays Bank 1.0 $917k 37k 25.12
Walker & Dunlop (WD) 1.0 $899k 59k 15.37
Green Dot Corporation (GDOT) 1.0 $887k 73k 12.23
First California Financial 0.9 $824k 118k 6.96
Eastern Virginia Bankshares 0.9 $806k 170k 4.75
SLM Corporation (SLM) 0.9 $785k 50k 15.70
Hersha Hospitality Trust 0.9 $789k 161k 4.90
Bankrate 0.8 $779k 50k 15.58
TD Ameritrade Holding 0.8 $753k 49k 15.37
Forest City Enterprises 0.8 $748k 47k 15.85
First Financial Bankshares (FFIN) 0.8 $720k 20k 36.00
ROYAL BK SCOTLAND Group Plc adr pref ser n 0.8 $718k 35k 20.51
Gleacher & Company 0.8 $703k 977k 0.72
Manning & Napier Inc cl a 0.7 $639k 53k 12.18
Heritage Oaks Ban 0.7 $630k 109k 5.76
Comerica Incorporated (CMA) 0.7 $621k 20k 31.05
Susquehanna Bancshares 0.7 $601k 58k 10.45
PennyMac Mortgage Investment Trust (PMT) 0.6 $584k 25k 23.36
Citizens South Banking 0.6 $574k 82k 7.00
Fox Chase Ban 0.6 $545k 35k 15.61
PennantPark Investment (PNNT) 0.6 $532k 50k 10.64
Southwest Ban 0.6 $515k 48k 10.84
Synovus Financial 0.5 $474k 200k 2.37
Flagstone Reinsurance Holdin 0.5 $478k 56k 8.59
Principal Financial (PFG) 0.5 $471k 18k 26.91
First Community Bancshares (FCBC) 0.5 $458k 30k 15.27
TCF Financial Corporation 0.5 $418k 35k 11.94
Oritani Financial 0.5 $421k 28k 15.04
Berkshire Hills Ban (BBT) 0.5 $412k 18k 22.89
Prospect Capital Corporation (PSEC) 0.4 $403k 35k 11.51
Community Bankers Trust 0.4 $395k 141k 2.80
Mercury General Corporation (MCY) 0.4 $387k 10k 38.70
Hampden Ban 0.4 $373k 29k 12.68
Kaiser Federal Financial (KFFG) 0.4 $380k 25k 15.08
Maiden Holdings 0.4 $375k 42k 8.89
Eagle Ban (EGBN) 0.4 $368k 22k 16.73
Regions Financial Corporation (RF) 0.4 $360k 50k 7.20
Strategic Hotels & Resorts 0.4 $361k 60k 6.02
Fulton Financial (FULT) 0.4 $344k 35k 9.83
American Express Company (AXP) 0.4 $341k 6.0k 56.83
JPMorgan Chase & Co. (JPM) 0.3 $324k 8.0k 40.50
Felcor Lodging Trust Inc. pfd cv a $1.95 0.3 $311k 12k 26.60
Valley National Ban (VLY) 0.3 $301k 30k 10.03
Moneygram International 0.3 $299k 20k 14.95
Partner Re 0.3 $297k 4.0k 74.25
Astoria Financial Corporation 0.3 $292k 30k 9.87
Sierra Ban (BSRR) 0.3 $297k 24k 12.25
T. Rowe Price (TROW) 0.3 $285k 4.5k 63.33
Cohen & Steers (CNS) 0.3 $281k 9.5k 29.58
First Niagara Financial 0.3 $282k 35k 8.06
Apollo Investment 0.3 $276k 35k 7.89
BB&T Corporation 0.3 $265k 8.0k 33.12
East West Ban (EWBC) 0.3 $264k 13k 21.12
Axis Capital Holdings (AXS) 0.3 $262k 7.5k 34.93
Aercap Holdings Nv Ord Cmn (AER) 0.3 $250k 20k 12.50
First Midwest Ban 0.3 $251k 20k 12.55
Invesco (IVZ) 0.3 $250k 10k 25.00
FirstMerit Corporation 0.3 $250k 17k 14.71
Sound Finl Ban (SFBC) 0.3 $246k 24k 10.14
Renaissance Re Holdings Ltd Cmn (RNR) 0.2 $231k 3.0k 77.00
Lpl Financial Holdings (LPLA) 0.2 $228k 8.0k 28.50
Cowen 0.2 $216k 80k 2.70
Flagstar Ban 0.2 $220k 200k 1.10
Global Payments (GPN) 0.2 $209k 5.0k 41.80
BOK Financial Corporation (BOKF) 0.2 $207k 3.5k 59.14
City Holding Company (CHCO) 0.2 $213k 6.0k 35.76
CoBiz Financial 0.2 $210k 30k 7.01
Hudson City Ban 0.2 $205k 26k 7.95
SCBT Financial Corporation 0.2 $204k 5.1k 40.29
Jefferson Bancshares 0.2 $187k 80k 2.34
Western Liberty Ban 0.2 $168k 41k 4.07
Fifth Third Ban (FITB) 0.2 $155k 10k 15.50
SWS 0.2 $153k 25k 6.12
New England Bancshares 0.2 $153k 11k 13.53
First Interstate Bancsystem (FIBK) 0.2 $150k 10k 15.00
CVB Financial (CVBF) 0.1 $132k 11k 11.93
Western Alliance Bancorporation (WAL) 0.1 $128k 13k 10.24
Heritage Commerce (HTBK) 0.1 $128k 19k 6.92
Valley Natl Bancorp *w exp 11/14/201 0.1 $125k 154k 0.81
Genworth Financial (GNW) 0.1 $118k 23k 5.24
Calamos Asset Management 0.1 $116k 10k 11.60
WSB Holdings (WSB) 0.1 $89k 16k 5.58
Seacoast Banking Corporation of Florida 0.1 $80k 50k 1.59
TrustCo Bank Corp NY 0.1 $57k 10k 5.70
BancTrust Financial 0.1 $43k 15k 2.97
Doral Financial 0.0 $15k 16k 0.95