Arkolith/Funds/FJ Capital Management LLC

FJ Capital Management LLC

CIK 1599170
Holdings as of Mar 31, 2026·disclosed May 15, 2026·~45-day 13F lag·13F-HR
Active Filer

FJ Capital Management LLC holds a focused book of 126 stocks worth $888.1M as of Q1 2026 (disclosed May 15, 2026, a ~45-day 13F lag). This quarter they opened Huntington Bancshares Inc and trimmed Southstate Bank Corp. Their largest long position is Southstate Bank Corp at 8% of the equity book.

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holdings, largest changes, and filing provenance.
Opened
50
new positions
Added to
32
existing
Trimmed
34
reduced
Sold out
52
exited

Concentration

Top-heavy: focused book

Top 5 holdings
30%
Top 10 holdings
48%
Top 20 holdings
68%

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

Direct sector allocation

97% mapped to company sectors

Financials
88%
Real Estate
6%
ETF / fund or unclassified
3%
Information Technology
1%
Industrials
1%
Consumer Discretionary
0%
Health Care
0%
Materials
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

Holdings: largest first

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

126 positions
#SecurityValueShares% PortLast moveHistory
1Southstate Bank
COM
$72.0M778.6K
8.1%
−4.2%
Reduced · −34K sh
2Hometrust Bancshares
COM
$66.3M1.55M
7.5%
−8.2%
Reduced · −139K sh
3Nicolet Bankshares
COM
$45.5M306.4K
5.1%
15×
Added · +286K sh
4Southern First Bancshares
COM
$44.0M807.2K
5.0%
Held
5Equity Bancshares CL A
COM CL A
$40.9M921.1K
4.6%
−25%
Reduced · −305K sh
6California Bancorp
COM
$36.4M2.05M
4.1%
+62%
Added · +783K sh
7Eastern Bankshares
COM
$34.1M1.74M
3.8%
+88%
Added · +815K sh
8RBB Bancorp
COM
$32.3M1.51M
3.6%
Held
9Old Second Bancorp
COM
$30.3M1.51M
3.4%
−18%
Reduced · −325K sh
10First Merchants
COM
$27.6M711.4K
3.1%
+12%
Added · +78K sh
11Seacoast Banking Of Florida
COM
$27.4M906.1K
3.1%
−33%
Reduced · −456K sh
12Horizon Bancorp
COM
$21.4M1.29M
2.4%
+19%
Added · +207K sh
13Townebank
COM
$18.8M559.8K
2.1%
+207%
Added · +377K sh
14Huntington Bancshares
COM
$17.5M1.12M
2.0%
New
New position
15Bankunited
COM
$17.2M380.6K
1.9%
New
New position
16CVB Finl
COM
$16.5M851.4K
1.9%
+209%
Added · +576K sh
17Old National Bancorp
COM
$15.8M717.0K
1.8%
Held
18Southern Missouri Bancorp
COM
$12.9M202.4K
1.5%
−33%
Reduced · −99K sh
19Independent Bank Group Ma
COM
$12.5M165.7K
1.4%
−28%
Reduced · −65K sh
20Northern TR
COM
$11.0M79.0K
1.2%
New
New position
21Ameris Bancorp
COM
$10.5M134.9K
1.2%
New
New position
22Chain Bridge Bancorp CL A
COM CL A
$10.3M293.8K
1.2%
Held
23Exzeo Group
COM
$10.0M682.4K
1.1%
+187%
Added · +445K sh
24Avidia Bancorp
COM
$9.8M497.3K
1.1%
Held
25Jones Lang Lasalle
COM
$9.7M31.9K
1.1%
+171%
Added · +20K sh
26Bank Of America
COM
$9.2M189.4K
1.0%
New
New position
27Morgan Stanley
COM
$9.2M56.1K
1.0%
−25%
Reduced · −19K sh
28Wesbanco
COM
$8.4M243.8K
0.9%
−30%
Reduced · −103K sh
29John Marshall Bancorp
COM
$8.4M412.3K
0.9%
−0.2%
Reduced · −672 sh
30Citizens Finl Group
COM
$7.6M125.9K
0.9%
New
New position
31Independent Bank Mich
COM
$6.8M203.6K
0.8%
−47%
Reduced · −181K sh
32Hawthorn Bancshares
COM
$6.4M190.7K
0.7%
Held
33Stock Yards Bancorp
COM
$6.2M92.8K
0.7%
15×
Added · +86K sh
34Servisfirst Bancshares
COM
$5.8M79.9K
0.7%
New
New position
35Charles Schwab
COM
$5.8M61.9K
0.7%
New
New position
36Hci Group
COM
$5.8M37.3K
0.6%
+96%
Added · +18K sh
37Virtu Finl CL A
COM CL A
$5.5M125.8K
0.6%
New
New position
38Palomar Hldgs
COM
$5.4M45.4K
0.6%
12×
Added · +42K sh
39Amerant Bancorp CL A
COM CL A
$5.4M245.9K
0.6%
New
New position
40Cno Finl Group
COM
$5.4M131.7K
0.6%
+237%
Added · +93K sh
41U S Bancorp
COM
$5.1M98.1K
0.6%
−74%
Reduced · −275K sh
42Umb Finl
COM
$4.9M43.7K
0.6%
+65%
Added · +17K sh
43Essent Group
COM
$4.4M75.0K
0.5%
New
New position
44Pultegroup
COM
$4.2M35.7K
0.5%
+15%
Added · +5K sh
45Skyward Specialty Insurance Group
COM
$4.1M94.4K
0.5%
−35%
Reduced · −50K sh
46Hercules Capital
COM
$4.1M277.7K
0.5%
+63%
Added · +108K sh
47Onemain Hldgs
COM
$4.1M75.8K
0.5%
New
New position
48Hanover Insurance Group
COM
$3.9M22.5K
0.4%
−40%
Reduced · −15K sh
49Welltower
COM SH BEN INT
$3.8M19.3K
0.4%
−8.1%
Reduced · −2K sh
50Hoyne Bancorp
COM
$3.8M261.0K
0.4%
Held
Showing 50 of 126 positions

Filing history

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

QuarterAs ofFiledPositionsValueForm
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 ~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. Price-derived performance is withheld until the price-source policy and freshness gate are green.