Latest JACOBS ASSET MANAGEMENT, LLC Stock Portfolio
JACOBS ASSET MANAGEMENT, LLC Performance:
2024 Q3: 12.09%YTD: 18.07%2023: -1.64%
Performance for 2024 Q3 is 12.09%, and YTD is 18.07%, and 2023 is -1.64%.
About JACOBS ASSET MANAGEMENT, LLC and 13F Hedge Fund Stock Holdings
JACOBS ASSET MANAGEMENT, LLC is a hedge fund based in NEW YORK, NY. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $488.5 Millions. In it's latest 13F Holdings report, JACOBS ASSET MANAGEMENT, LLC reported an equity portfolio of $151.1 Millions as of 30 Sep, 2024.
The top stock holdings of JACOBS ASSET MANAGEMENT, LLC are , AMRK, FCNCA. The fund has invested 8.9% of it's portfolio in SPROTT INC and 8% of portfolio in A-MARK PRECIOUS METALS INC.
The fund managers got completely rid off TRUIST FINL CORP (TFC), FIRST MID ILL BANCSHARES INC (FMBH) and ESQUIRE FINL HLDGS INC (ESQ) stocks. They significantly reduced their stock positions in PROSPERITY BANCSHARES INC (PB), SERVISFIRST BANCSHARES INC (SFBS) and OFG BANCORP (OFG). JACOBS ASSET MANAGEMENT, LLC opened new stock positions in MIDWESTONE FINL GROUP INC NE (MOFG), CVB FINL CORP (CVBF) and CHOICEONE FINL SVCS INC (COFS). The fund showed a lot of confidence in some stocks as they added substantially to BLUE RIDGE BANKSHARES INC VA (BRBS), EVERQUOTE INC (EVER) and EAST WEST BANCORP INC (EWBC).
The top stock holdings of JACOBS ASSET MANAGEMENT, LLC are , AMRK, FCNCA. The fund has invested 8.9% of it's portfolio in SPROTT INC and 8% of portfolio in A-MARK PRECIOUS METALS INC.
The fund managers got completely rid off TRUIST FINL CORP (TFC), FIRST MID ILL BANCSHARES INC (FMBH) and ESQUIRE FINL HLDGS INC (ESQ) stocks. They significantly reduced their stock positions in PROSPERITY BANCSHARES INC (PB), SERVISFIRST BANCSHARES INC (SFBS) and OFG BANCORP (OFG). JACOBS ASSET MANAGEMENT, LLC opened new stock positions in MIDWESTONE FINL GROUP INC NE (MOFG), CVB FINL CORP (CVBF) and CHOICEONE FINL SVCS INC (COFS). The fund showed a lot of confidence in some stocks as they added substantially to BLUE RIDGE BANKSHARES INC VA (BRBS), EVERQUOTE INC (EVER) and EAST WEST BANCORP INC (EWBC).
JACOBS ASSET MANAGEMENT, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that JACOBS ASSET MANAGEMENT, LLC made a return of 12.09% in the last quarter. In trailing 12 months, it's portfolio return was 35.59%.
New Buys
| Ticker | $ Bought |
|---|---|
| midwestone finl group inc ne | 5,738,670 |
| cvb finl corp | 4,455,000 |
| choiceone finl svcs inc | 3,091,000 |
| amerant bancorp inc | 2,564,400 |
| wesbanco inc | 2,165,810 |
| angel oak mortgage reit inc | 974,788 |
New stocks bought by JACOBS ASSET MANAGEMENT, LLC
Additions
| Ticker | % Inc. |
|---|---|
| blue ridge bankshares inc va | 65.82 |
| everquote inc | 50.13 |
| east west bancorp inc | 33.33 |
| first westn finl inc | 31.36 |
| first ctzns bancshares inc n | 25.00 |
| coastal finl corp wa | 9.13 |
| agnc invt corp | 7.71 |
Additions to existing portfolio by JACOBS ASSET MANAGEMENT, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| prosperity bancshares inc | -92.5 |
| servisfirst bancshares inc | -58.33 |
| ofg bancorp | -51.21 |
| ag mtg invt tr inc | -48.42 |
| ellington financial inc | -41.39 |
| pacific premier bancorp | -40.69 |
| westamerica bancorporation | -25.72 |
| mediaalpha inc | -24.72 |
JACOBS ASSET MANAGEMENT, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| first fndtn inc | -1,965,000 |
| newtekone inc | -2,214,870 |
| first hawaiian inc | -2,595,000 |
| first mid ill bancshares inc | -4,035,660 |
| first bk williamstown new je | -1,381,780 |
| truist finl corp | -4,118,100 |
| first busey corp | -2,421,000 |
| esquire finl hldgs inc | -3,136,320 |
JACOBS ASSET MANAGEMENT, LLC got rid off the above stocks
Sector Distribution
JACOBS ASSET MANAGEMENT, LLC has about 64.6% of it's holdings in Financial Services sector.
| Sector | % |
|---|---|
| Financial Services | 64.6 |
| Others | 16.5 |
| Communication Services | 13.6 |
| Real Estate | 4.5 |
Market Cap. Distribution
JACOBS ASSET MANAGEMENT, LLC has about 10.2% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| SMALL-CAP | 52.2 |
| UNALLOCATED | 16.5 |
| MID-CAP | 14 |
| LARGE-CAP | 10.2 |
| MICRO-CAP | 7.1 |
Stocks belong to which Index?
About 72% of the stocks held by JACOBS ASSET MANAGEMENT, LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 63.4 |
| Others | 28.1 |
| S&P 500 | 8.6 |
JACOBS ASSET MANAGEMENT, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of JACOBS ASSET MANAGEMENT, LLC
JACOBS ASSET MANAGEMENT, LLC has 30 stocks in it's portfolio. About 63.6% of the portfolio is in top 10 stocks. SSIC proved to be the most loss making stock for the portfolio. AMRK was the most profitable stock for JACOBS ASSET MANAGEMENT, LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AGNC | agnc invt corp | 1.73 | 250,000 | 2,615,000 | added | 7.71 | ||
| ALL | allstate corp | 6.90 | 55,000 | 10,430,800 | reduced | -4.35 | ||
| AMRK | a-mark precious metals inc | 8.04 | 275,000 | 12,144,000 | reduced | -8.33 | ||
| AMTB | amerant bancorp inc | 1.70 | 120,000 | 2,564,400 | new | |||
| AOMR | angel oak mortgage reit inc | 0.64 | 93,460 | 974,788 | new | |||
| BOH | bank hawaii corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| BPOP | popular inc | 6.30 | 95,000 | 9,525,650 | reduced | -7.3 | ||
| BRBS | blue ridge bankshares inc va | 0.70 | 379,377 | 1,062,260 | added | 65.82 | ||
| BUSE | first busey corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CCB | coastal finl corp wa | 6.70 | 187,500 | 10,123,100 | added | 9.13 | ||
| COFS | choiceone finl svcs inc | 2.04 | 100,000 | 3,091,000 | new | |||
| CVBF | cvb finl corp | 2.95 | 250,000 | 4,455,000 | new | |||
| EFC | ellington financial inc | 1.38 | 161,190 | 2,077,740 | reduced | -41.39 | ||
| ESQ | esquire finl hldgs inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EVER | everquote inc | 3.49 | 249,840 | 5,269,130 | added | 50.13 | ||
| EWBC | east west bancorp inc | 1.64 | 30,000 | 2,482,200 | added | 33.33 | ||
| FCNCA | first ctzns bancshares inc n | 7.61 | 6,250 | 11,505,900 | added | 25.00 | ||
| FFWM | first fndtn inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FHB | first hawaiian inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| FMBH | first mid ill bancshares inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||