Latest MENDON CAPITAL ADVISORS CORP Stock Portfolio
MENDON CAPITAL ADVISORS CORP Performance:
2024 Q3: -6.55%YTD: 3.21%2023: 19.21%
Performance for 2024 Q3 is -6.55%, and YTD is 3.21%, and 2023 is 19.21%.
About MENDON CAPITAL ADVISORS CORP and 13F Hedge Fund Stock Holdings
MENDON CAPITAL ADVISORS CORP is a hedge fund based in KEY LARGO, FL. On 17-Apr-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $245.3 Millions. In it's latest 13F Holdings report, MENDON CAPITAL ADVISORS CORP reported an equity portfolio of $155 Millions as of 30 Sep, 2024.
The top stock holdings of MENDON CAPITAL ADVISORS CORP are EQBK, , USCB. The fund has invested 8.5% of it's portfolio in EQUITY BANCSHARES INC and 7.4% of portfolio in PRIMIS FINANCIAL CORP.
The fund managers got completely rid off CALIFORNIA BANCORP INC (CALB), FB FINL CORP (FBK) and BANK OF NT BUTTERFIELD&SON L stocks. They significantly reduced their stock positions in AMERIS BANCORP (ABCB), SMARTFINANCIAL INC (SMBK) and FIRST HORIZON CORPORATION (FHN). MENDON CAPITAL ADVISORS CORP opened new stock positions in MIDWESTONE FINL GROUP INC NE (MOFG), CHOICEONE FINL SVCS INC (COFS) and CADENCE BANK (CADE). The fund showed a lot of confidence in some stocks as they added substantially to AMERANT BANCORP INC (AMTB), CALIFORNIA BANCORP and FIRST BANCSHARES INC MISS (FBMS).
The top stock holdings of MENDON CAPITAL ADVISORS CORP are EQBK, , USCB. The fund has invested 8.5% of it's portfolio in EQUITY BANCSHARES INC and 7.4% of portfolio in PRIMIS FINANCIAL CORP.
The fund managers got completely rid off CALIFORNIA BANCORP INC (CALB), FB FINL CORP (FBK) and BANK OF NT BUTTERFIELD&SON L stocks. They significantly reduced their stock positions in AMERIS BANCORP (ABCB), SMARTFINANCIAL INC (SMBK) and FIRST HORIZON CORPORATION (FHN). MENDON CAPITAL ADVISORS CORP opened new stock positions in MIDWESTONE FINL GROUP INC NE (MOFG), CHOICEONE FINL SVCS INC (COFS) and CADENCE BANK (CADE). The fund showed a lot of confidence in some stocks as they added substantially to AMERANT BANCORP INC (AMTB), CALIFORNIA BANCORP and FIRST BANCSHARES INC MISS (FBMS).
MENDON CAPITAL ADVISORS CORP Annual Return Estimates Vs S&P 500
Our best estimate is that MENDON CAPITAL ADVISORS CORP made a return of -6.55% in the last quarter. In trailing 12 months, it's portfolio return was 18.56%.
New Buys
| Ticker | $ Bought |
|---|---|
| midwestone finl group inc ne | 4,683,060 |
| choiceone finl svcs inc | 2,192,380 |
| cadence bank | 1,442,500 |
| firstsun cap bancorp | 1,155,100 |
| flywire corporation | 1,055,710 |
| pinnacle finl partners inc | 489,850 |
New stocks bought by MENDON CAPITAL ADVISORS CORP
Additions
| Ticker | % Inc. |
|---|---|
| amerant bancorp inc | 11,793 |
| california bancorp | 8,443 |
| first bancshares inc miss | 3,359 |
| provident finl svcs inc | 3,025 |
| primis financial corp | 1,622 |
| versabank new | 537 |
| renasant corp | 300 |
| shore bancshares inc | 271 |
Additions to existing portfolio by MENDON CAPITAL ADVISORS CORP
Reductions
| Ticker | % Reduced |
|---|---|
| ameris bancorp | -78.00 |
| smartfinancial inc | -60.49 |
| first horizon corporation | -50.00 |
| byline bancorp inc | -47.79 |
| meridian corporation | -38.04 |
| first fndtn inc | -36.4 |
| oceanfirst finl corp | -33.33 |
| old second bancorp inc ill | -33.33 |
MENDON CAPITAL ADVISORS CORP reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| colony bankcorp inc | -1,225,000 |
| bank of nt butterfield&son l | -3,512,000 |
| fb finl corp | -3,658,000 |
| carter bankshares inc | -453,600 |
| live oak bancshares inc | -1,703,500 |
| united cmnty bks blairsvle g | -763,800 |
| riverview bancorp inc | -135,903 |
| triumph financial inc | -911,875 |
MENDON CAPITAL ADVISORS CORP got rid off the above stocks
Sector Distribution
MENDON CAPITAL ADVISORS CORP has about 72.7% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 72.7 |
| Others | 26.7 |
Market Cap. Distribution
MENDON CAPITAL ADVISORS CORP has about 0% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 49.2 |
| UNALLOCATED | 26.7 |
| MICRO-CAP | 17.7 |
| MID-CAP | 6.5 |
Stocks belong to which Index?
About 69.6% of the stocks held by MENDON CAPITAL ADVISORS CORP either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 69.6 |
| Others | 30.4 |
MENDON CAPITAL ADVISORS CORP Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of MENDON CAPITAL ADVISORS CORP
MENDON CAPITAL ADVISORS CORP has 40 stocks in it's portfolio. About 56.2% of the portfolio is in top 10 stocks. FBMS proved to be the most loss making stock for the portfolio. FHN was the most profitable stock for MENDON CAPITAL ADVISORS CORP last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| ABCB | ameris bancorp | 0.98 | 5,500 | 1,522,640 | reduced | -78.00 | ||
| AMTB | amerant bancorp inc | 5.77 | 418,280 | 8,938,640 | added | 11,793 | ||
| AUB | atlantic un bankshares corp | 0.61 | 25,000 | 941,750 | unchanged | 0.00 | ||
| BANC | banc of california inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BFST | business first bancshares in | 5.13 | 309,912 | 7,955,440 | reduced | -16.24 | ||
| BY | byline bancorp inc | 2.62 | 151,405 | 4,053,110 | reduced | -47.79 | ||
| CADE | cadence bank | 0.93 | 50,000 | 1,442,500 | new | |||
| CALB | california bancorp inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CARE | carter bankshares inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CBAN | colony bankcorp inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CCB | coastal finl corp wa | 1.04 | 30,000 | 1,619,700 | reduced | -25.00 | ||
| CIVB | civista bancshares inc | 2.49 | 216,180 | 3,852,330 | added | 8.09 | ||
| COFS | choiceone finl svcs inc | 1.42 | 70,928 | 2,192,380 | new | |||
| EQBK | equity bancshares inc | 8.50 | 322,090 | 13,167,000 | reduced | -7.97 | ||
| FBK | fb finl corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FBMS | first bancshares inc miss | 5.38 | 259,264 | 8,330,150 | added | 3,359 | ||
| FFIC | flushing finl corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FFWM | first fndtn inc | 1.66 | 411,315 | 2,566,610 | reduced | -36.4 | ||
| FHN | first horizon corporation | 3.92 | 50,000 | 6,078,000 | reduced | -50.00 | ||
| FLYW | flywire corporation | 0.68 | 23,320 | 1,055,710 | new | |||