Arkolith/Funds/FJ Capital Management LLC

FJ Capital Management LLC

CIK 1599170
Holdings as of Jun 30, 2026·disclosed Aug 14, 2026·~45-day 13F lag·13F-HR
Active Filer

FJ Capital Management LLC holds a focused book of 120 stocks worth $770.4M as of Q2 2026 (disclosed Aug 14, 2026, a ~45-day 13F lag). This quarter they opened Bank Of Hawaii Corp and trimmed Nicolet Bankshares Inc. Their largest long position is Southern First Bancshares at 7% of the equity book. Cloning the disclosed picks since 2025 would be +30% (+28.0%/yr). That is a simulation of the disclosed long book, not audited returns.

Opened
92
bought for the first time
Added to
30
already held, bought more
Trimmed
27
sold some, still holds it
Sold out
53
exited the position entirely

Growth of $10,000: cloning the disclosed book

If you'd copied them
+29.6%
+28.0%/yr · since Aug '25
Their reported book
+32.9%
held from quarter-end
S&P 500
+19.8%
same window
$10K$10K$11K$12K$13KAug '25Oct '25Jan '26Mar '26Jun '26Aug '26
FJ Capital Management LLC (copied at disclosure) S&P 500

The reported book (valued from quarter-end) returned +32.9%, a 3.3-point gap that is the cost of the ~45-day 13F disclosure lag a real follower can't avoid.

Growth of $10,000 cloning FJ Capital Management LLC's disclosed long 13F book, rebalanced on each filing date (so it reflects each quarter's actual reporting lag, ~45 days for the latest filing, with no look-ahead), total-return basis (dividends reinvested), derived from end-of-day prices. “Their reported book” values the same picks from quarter-end, before they were public. S&P 500 is SPY total return over the same window. Excludes shorts, cash, options and non-13F holdings. Not investment advice.

Concentration

Top-heavy: focused book

Top 5 holdings
30%
Top 10 holdings
53%
Top 20 holdings
77%

Share of the disclosed book in its largest positions. A higher top-5 share means a more concentrated, higher-conviction portfolio.

Direct sector allocation

94% mapped to company sectors

Financials
85%
Real Estate
7%
ETF / fund or unclassified
6%
Consumer Discretionary
1%
Information Technology
1%
Materials
1%
Industrials
0%
Health Care
0%

Direct operating-company sectors from our SIC-based security master. ETF/fund and unclassified holdings stay visible separately; this is not ETF look-through exposure.

Biggest moves: latest quarter

Estimated $ traded · quarter-end prices, no cost basis

Bought
Trimmed / exited

Funds with the most overlap

Other tracked managers holding the same core names as FJ Capital Management LLC

Manager / fundShared namesTheir $ in those
BlackRock, Inc.80 / 80$178.4B
MORGAN STANLEY80 / 80$41.2B
UBS Group AG80 / 80$11.0B
STATE STREET CORP79 / 80$103.1B
ROYAL BANK OF CANADA79 / 80$10.0B
BARCLAYS PLC79 / 80$6.9B
WELLS FARGO & COMPANY/MN79 / 80$6.7B
Farther Finance Advisors, LLC79 / 80$84.4M

Ranked by how many of FJ Capital Management LLC's top 80 disclosed names each fund also holds: a cross-fund conviction signal from the latest 13F of every tracked manager.

Holdings: largest first

Bars show each stock's share of the portfolio. Click a row for its position history.

120 positions
#SecurityValueShares% PortLast moveHistory
1Southern First Bancshares
COM
$54.5M892.2K
7.1%
+11%
Added · +85K sh
2Equity Bancshares
COM CL A
$47.1M961.5K
6.1%
+4.4%
Added · +40K sh
3Nicolet Bankshares
COM
$45.9M277.2K
6.0%
−9.5%
Reduced · −29K sh
4Southstate Bank
COM
$43.9M439.0K
5.7%
−44%
Reduced · −340K sh
5California Bancorp
COM
$42.8M2.05M
5.6%
Held
6Hometrust Bancshares
COM
$41.9M839.1K
5.4%
−46%
Reduced · −715K sh
7Townebank
COM
$36.5M1.01M
4.7%
+80%
Added · +448K sh
8Old Second Bancorp Inc Del
COM
$34.1M1.46M
4.4%
−3.0%
Reduced · −45K sh
9Seacoast Banking Of Florida
COM
$33.5M1.01M
4.3%
+11%
Added · +100K sh
10First Merchants
COM
$31.1M711.4K
4.0%
Held
11CVB Finl Corp
COM
$29.2M1.30M
3.8%
+52%
Added · +444K sh
12Bank Of Hawaii Corp
COM
$25.5M312.7K
3.3%
New
New position
13Horizon Bancorp
COM
$24.9M1.25M
3.2%
−3.5%
Reduced · −45K sh
14Huntington Bancshares
COM
$24.2M1.36M
3.1%
+22%
Added · +247K sh
15Truist Finl Corp
COM
$22.2M446.5K
2.9%
New
New position
16Umb Finl
COM
$18.2M127.5K
2.4%
+191%
Added · +84K sh
17Chain Bridge Bancorp
COM CL A
$12.4M293.8K
1.6%
Held
18Avidia Bancorp Inc
COMMON STOCK
$10.4M497.3K
1.4%
Held
19LPL Finl Hldgs Inc
COM
$8.4M30.0K
1.1%
New
New position
20Annaly Capital Mgmt In
COM NEW
$8.2M376.0K
1.1%
+128%
Added · +211K sh
21Hawthorn Bancshares
COM
$7.5M190.7K
1.0%
Held
22Independent Bank Mich
COM NEW
$7.3M203.6K
1.0%
Held
23Wells Fargo & Co
COM
$6.7M80.8K
0.9%
New
New position
24American Healthcare REIT
COM
$6.6M127.4K
0.9%
+117%
Added · +69K sh
25First American Finl Corp
COM
$6.3M91.6K
0.8%
New
New position
26Stock Yards Bancorp
COM
$6.2M81.4K
0.8%
−12%
Reduced · −11K sh
27Jones Lang Lasalle
COM
$5.8M18.9K
0.8%
−41%
Reduced · −13K sh
28Firstcash Hldgs
COM
$4.9M22.7K
0.6%
+313%
Added · +17K sh
29Champion Homes Inc
COM
$4.4M50.3K
0.6%
New
New position
30Miami Intl Hldgs Inc
COM
$4.4M119.3K
0.6%
New
New position
31Hoyne Bancorp
COM
$4.4M261.0K
0.6%
Held
32Welltower
COM SH BEN INT
$4.3M19.1K
0.6%
−0.9%
Reduced · −182 sh
33Marketaxess Hldgs Inc
COM
$4.2M37.2K
0.5%
New
New position
34Cno Finl Group
COM
$4.2M82.1K
0.5%
−38%
Reduced · −50K sh
35Hercules Capital Inc
COM
$3.9M249.0K
0.5%
−10%
Reduced · −29K sh
36Cme Group Inc
COM
$3.9M17.8K
0.5%
New
New position
37Exzeo Group
COM
$3.8M223.8K
0.5%
−67%
Reduced · −459K sh
38Encore Capital Group Inc
COM
$3.6M38.1K
0.5%
−6.3%
Reduced · −3K sh
39Reinsurance Group Of America
COM
$3.4M16.1K
0.4%
+65%
Added · +6K sh
40Toll Brothers
COM
$3.1M19.0K
0.4%
+60%
Added · +7K sh
41Etoro Group Ltd
SHS CL A
$2.9M73.1K
0.4%
New
New position
42Main Street Capital
COM
$2.8M53.1K
0.4%
−22%
Reduced · −15K sh
43First Indl Rlty TR
COM SH BEN INT
$2.7M44.2K
0.4%
+3.9%
Added · +2K sh
44Arthur J Gallagher & Co
COM
$2.7M11.6K
0.3%
New
New position
45Cto Rlty Growth Inc New
COM
$2.6M120.9K
0.3%
+3.9%
Added · +5K sh
46MSC Income Fund
COM
$2.4M206.3K
0.3%
+21%
Added · +35K sh
47Ameris Bancorp
COM
$2.4M26.4K
0.3%
−80%
Reduced · −108K sh
48Udr Inc
COM
$2.4M59.3K
0.3%
New
New position
49Inventrust Pptys
COM
$2.4M66.5K
0.3%
−41%
Reduced · −45K sh
50Houlihan Lokey
CL A
$2.3M17.5K
0.3%
New
New position
Showing 50 of 120 positions
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Filing history

As-of date vs the date the SEC received each filing

QuarterAs ofFiledPositionsValueForm
Q2 2026Jun 30, 2026Aug 14, 2026121$770.4M13F-HR
Q1 2026Mar 31, 2026May 15, 2026126$888.1M13F-HR
Q4 2025Dec 31, 2025Feb 13, 2026128$905.8M13F-HR
Q3 2025Sep 30, 2025Nov 14, 2025142$936.6M13F-HR
Q2 2025Jun 30, 2025Aug 14, 2025128$943.0M13F-HR

Data source

Holdings from SEC EDGAR 13F-HR filings, updated quarterly, filed up to 45 days after quarter-end. Public domain. The book and weighting are long equity only; disclosed put/call options are listed separately and excluded from those totals. The performance line is a simulation of the disclosed long book, not an audited return.