PMC FIG Opportunities LLC
Long book
$64.6M
Q1 2026
Positions
27
Top-10 weight
55%
concentration
Last quarter
+16.1%
SPY +14.8%
Turnover
55%
of book per quarter
Strategy in plain words
auto-generated from filingsPMC FIG Opportunities LLC is a concentrated fundamental stock-picker, specialised in financials (100% of the long book), running a $64.6M US long book across 27 positions.
The portfolio is concentrated: the top 10 names carry 55% of the portfolio. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: AXOS FINANCIAL INC, COASTAL FINANCIAL CORP/WA, CVB FINANCIAL CORP, ENOVA INTERNATIONAL INC, SERVISFIRST BANCSHARES INC.
Over the last 9 quarters its long book ran on average 1.2pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. We rate its filings as signal-bearing: position changes reflect genuine views.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-1.6%
Q2 2024
+13.2%
Q3 2024
+11.1%
Q4 2024
-4.0%
Q1 2025
+6.3%
Q2 2025
+12.8%
Q3 2025
+2.1%
Q4 2025
-4.4%
Q1 2026
+16.1%
Sector allocation
Financials 96%
Other 4%
Long book by quarter
What does PMC FIG own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AX AXOS FINANCIAL INC | Financials | 59.3K | $5.0M | 7.8% | +805.3% |
| CCB COASTAL FINANCIAL CORP/WA | Financials | 63.6K | $4.8M | 7.5% | +47.2% |
| CVBF CVB FINANCIAL CORP | Financials | 229.2K | $4.4M | 6.9% | +191.7% |
| ENVA ENOVA INTERNATIONAL INC | Financials | 27.3K | $3.7M | 5.7% | +1498.5% |
| SFBS SERVISFIRST BANCSHARES INC | Financials | 45.6K | $3.3M | 5.1% | New |
| COLB COLUMBIA BANKING SYSTEM INC | Financials | 117.9K | $3.2M | 5.0% | +20.0% |
| ABCB AMERIS BANCORP | Financials | 39.3K | $3.1M | 4.7% | +36.6% |
| QCRH QCR HOLDINGS INC | Financials | 32.7K | $2.8M | 4.3% | +38.9% |
| RKT ROCKET COS INC-CLASS A | Financials | 180.9K | $2.6M | 4.0% | New |
| C CITIGROUP INC | Financials | 22.3K | $2.5M | 3.9% | -14.8% |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 170.1K | $2.4M | 3.8% | New |
| SII SPROTT INC | Financials | 17.0K | $2.4M | 3.8% | -13.3% |
| CASH PATHWARD FINANCIAL INC | Financials | 26.2K | $2.3M | 3.6% | -9.1% |
| NBN NORTHEAST BANK | — | 20.6K | $2.3M | 3.6% | -37.0% |
| TFIN TRIUMPH FINANCIAL INC | Financials | 38.0K | $2.3M | 3.5% | New |
| SSB SOUTHSTATE BANK CORP | Financials | 24.3K | $2.2M | 3.5% | +23.7% |
| SF STIFEL FINANCIAL CORP | Financials | 30.4K | $2.2M | 3.5% | -3.3% |
| MYFW FIRST WESTERN FINANCIAL INC | Financials | 87.5K | $2.2M | 3.3% | -18.4% |
| NPB NORTHPOINTE BANCSHARES INC | Financials | 101.2K | $1.7M | 2.7% | +93.2% |
| FIGR FIGURE TECHNOLOGY SOLUT-CL A | Financials | 48.6K | $1.7M | 2.6% | New |
| IBKR INTERACTIVE BROKERS GRO-CL A | Financials | 24.3K | $1.6M | 2.5% | New |
| AMTB AMERANT BANCORP INC | Financials | 58.4K | $1.3M | 2.0% | -42.2% |
| JCAP JEFFERSON CAPITAL INC | Financials | 49.8K | $957K | 1.5% | New |
| CNOB CONNECTONE BANCORP INC | Financials | 32.7K | $877K | 1.4% | -64.4% |
| UMBF UMB FINANCIAL CORP | Financials | 7.3K | $824K | 1.3% | New |
| LOB LIVE OAK BANCSHARES INC | Financials | 24.3K | $804K | 1.2% | +85.6% |
| BBT BEACON FINANCIAL CORP | Financials | 26.2K | $786K | 1.2% | New |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 29 | $65.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 31 | $63.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 31 | $66.3M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 34 | $67.8M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 30 | $41.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Apr 25, 2025 | 33 | $39.5M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Apr 25, 2025 | 34 | $64.7M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Apr 25, 2025 | 30 | $66.2M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 25, 2025 | 33 | $66.6M | canonical | SEC ↗ |