MALTESE CAPITAL MANAGEMENT LLC
Long book
$507.9M
Q1 2026
Positions
104
Top-10 weight
26%
concentration
Last quarter
+17.1%
SPY +14.8%
Turnover
18%
of book per quarter
Strategy in plain words
auto-generated from filingsMALTESE CAPITAL MANAGEMENT LLC is an institutional manager, specialised in financials (100% of the long book), running a $507.9M US long book across 104 positions.
The portfolio is moderately concentrated (top 10 ≈ 26% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: SOUTHSTATE BANK CORP, FIRST FOUNDATION INC, CNB FINANCIAL CORP/PA, CITIGROUP INC, EQUITY BANCSHARES INC - CL A.
Over the last 9 quarters its long book ran on average 1pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-2.4%
Q2 2024
+13.8%
Q3 2024
+7.4%
Q4 2024
-5.9%
Q1 2025
+6.4%
Q2 2025
+6.0%
Q3 2025
+6.6%
Q4 2025
+0.5%
Q1 2026
+17.1%
Sector allocation
Financials 94%
Other 6%
Consumer discretionary 0%
Long book by quarter
What does MALTESE CAPITAL own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| SSB SOUTHSTATE BANK CORP | Financials | 200.0K | $18.5M | 3.6% | +7.0% |
| FFWM FIRST FOUNDATION INC | — | 2.2M | $13.1M | 2.6% | -10.4% |
| CCNE CNB FINANCIAL CORP/PA | Financials | 449.5K | $13.0M | 2.6% | -8.6% |
| C CITIGROUP INC | Financials | 113.8K | $12.9M | 2.5% | -14.1% |
| EQBK EQUITY BANCSHARES INC - CL A | Financials | 285.9K | $12.7M | 2.5% | -13.1% |
| FRST PRIMIS FINANCIAL CORP | Financials | 945.0K | $12.5M | 2.5% | -7.9% |
| HBNC HORIZON BANCORP INC/IN | Financials | 757.3K | $12.5M | 2.5% | -4.4% |
| BAC BANK OF AMERICA CORP | Financials | 249.7K | $12.2M | 2.4% | +65.2% |
| NBHC NATIONAL BANK HOLD-CL A | Financials | 303.4K | $11.9M | 2.3% | -13.9% |
| AMTB AMERANT BANCORP INC | Financials | 492.5K | $10.9M | 2.1% | -16.9% |
| MTB M & T BANK CORP | Financials | 49.3K | $10.2M | 2.0% | +21.7% |
| QCRH QCR HOLDINGS INC | Financials | 117.5K | $10.0M | 2.0% | -9.8% |
| NPB NORTHPOINTE BANCSHARES INC | Financials | 572.2K | $9.9M | 1.9% | +50.6% |
| USB US BANCORP | Financials | 185.0K | $9.6M | 1.9% | +111.4% |
| COLB COLUMBIA BANKING SYSTEM INC | Financials | 342.1K | $9.4M | 1.8% | +39.6% |
| CBC CENTRAL BANCOMPANY | Financials | 377.6K | $9.0M | 1.8% | +2.4% |
| IBOC INTERNATIONAL BANCSHARES CRP | Financials | 131.7K | $8.9M | 1.7% | -8.4% |
| NIC NICOLET BANKSHARES INC | Financials | 58.6K | $8.7M | 1.7% | New |
| ABCB AMERIS BANCORP | Financials | 110.0K | $8.6M | 1.7% | -9.5% |
| WSBC WESBANCO INC | Financials | 237.9K | $8.2M | 1.6% | -13.5% |
| EWBC EAST WEST BANCORP INC | Financials | 74.6K | $8.0M | 1.6% | +18.7% |
| MCHB MECHANICS BANCORP-A | Financials | 532.7K | $7.9M | 1.5% | -22.5% |
| BBT BEACON FINANCIAL CORP | Financials | 260.0K | $7.8M | 1.5% | +18.2% |
| CARE CARTER BANKSHARES INC | Financials | 328.9K | $7.7M | 1.5% | -16.9% |
| PFBC PREFERRED BANK/LOS ANGELES | — | 83.3K | $7.6M | 1.5% | +28.5% |
| UNTY UNITY BANCORP INC | Financials | 144.8K | $7.5M | 1.5% | -8.9% |
| FCCO FIRST COMMUNITY CORP | Financials | 256.3K | $7.5M | 1.5% | +1.5% |
| CHYM CHIME FINANCIAL INC-CL A | Financials | 399.6K | $7.5M | 1.5% | +8.5% |
| BY BYLINE BANCORP INC | Financials | 220.6K | $7.0M | 1.4% | -16.7% |
| FFBC FIRST FINANCIAL BANCORP | Financials | 245.0K | $6.8M | 1.3% | +7.5% |
| CFG CITIZENS FINANCIAL GROUP | Financials | 107.8K | $6.5M | 1.3% | +13.5% |
| JCAP JEFFERSON CAPITAL INC | Financials | 329.7K | $6.3M | 1.2% | +42.3% |
| BUSE FIRST BUSEY CORP | Financials | 237.5K | $6.0M | 1.2% | New |
| HBAN HUNTINGTON BANCSHARES INC | Financials | 368.8K | $5.8M | 1.1% | +91.4% |
| JPM JPMORGAN CHASE & CO | Financials | 18.3K | $5.4M | 1.1% | +21.9% |
| INDB INDEPENDENT BANK CORP/MA | Financials | 70.0K | $5.3M | 1.0% | +10.2% |
| AVBH AVIDBANK HOLDINGS INC | Financials | 176.2K | $5.0M | 1.0% | -42.2% |
| VLY VALLEY NATIONAL BANCORP | Financials | 380.2K | $4.7M | 0.9% | -12.4% |
| FSBC FIVE STAR BANCORP | Financials | 122.7K | $4.6M | 0.9% | -23.3% |
| UBSI UNITED BANKSHARES INC | Financials | 110.0K | $4.6M | 0.9% | -22.8% |
| WBS WEBSTER FINANCIAL CORP | Financials | 65.0K | $4.5M | 0.9% | -71.7% |
| UMBF UMB FINANCIAL CORP | Financials | 38.9K | $4.4M | 0.9% | -40.2% |
| TOWN TOWNE BANK | — | 127.5K | $4.3M | 0.8% | -3.8% |
| ISTR INVESTAR HOLDING CORP | Financials | 157.0K | $4.3M | 0.8% | -8.8% |
| SCHW SCHWAB (CHARLES) CORP | Financials | 45.2K | $4.2M | 0.8% | -9.6% |
| FMBH FIRST MID BANCSHARES INC | Financials | 102.5K | $4.2M | 0.8% | +46.4% |
| COF CAPITAL ONE FINANCIAL CORP | Financials | 22.8K | $4.2M | 0.8% | -22.3% |
| MGYR MAGYAR BANCORP INC | Financials | 236.8K | $4.1M | 0.8% | -2.4% |
| ACNB ACNB CORP | Financials | 85.6K | $4.1M | 0.8% | +29.4% |
| SMBC SOUTHERN MISSOURI BANCORP | Financials | 60.5K | $3.9M | 0.8% | +0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 300 | $507.9M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 329 | $563.5M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 463 | $660.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 452 | $712.7M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 424 | $614.9M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 410 | $655.0M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 206 | $651.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 184 | $541.3M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 178 | $519.2M | canonical | SEC ↗ |