FJ Capital Management
MCLEAN, VAfiles as FJ Capital Management LLC
$770m in 120 US stocks at the end of 30 June 2026. The top 10 are 53.4% of the money. It changed about 38.1% of the portfolio this quarter.
Value
$770m
Stocks
120
Top 10 share
53.4%
Turnover
38.1%
What changed this quarter
New
Bought for the first time this quarter.
- Bank of HawaiiBOH3.3% of the fund
- Truist FinancialTFC2.9% of the fund
- LPL Financial HoldingsLPLA1.1% of the fund
- Wells Fargo & CompanyWFC0.9% of the fund
- First American FinancialFAF0.8% of the fund
- Champion HomesSKY0.6% of the fund
- Miami International HoldingsMIAX0.6% of the fund
- Marketaxess HoldingsMKTX0.5% of the fund
- CME GroupCME0.5% of the fund
- eToro GroupETOR0.4% of the fund
- Arthur J. GallagherAJG0.3% of the fund
- UDRUDR0.3% of the fund
- Houlihan LokeyHLI0.3% of the fund
- TPG RE Finance TrustTRTX0.3% of the fund
- Ally FinancialALLY0.3% of the fund
- Redwood TrustRWT0.2% of the fund
- BlockXYZ0.2% of the fund
- Piedmont Realty TrustPDM0.1% of the fund
- DiamondRock HospitalityDRH0.1% of the fund
- Affirm HoldingsAFRM0.1% of the fund
- Rocket CompaniesRKT0.1% of the fund
- Slide Insurance HoldingsSLDE<0.1% of the fund
- Everest GroupEG<0.1% of the fund
- Chime FinancialCHYM<0.1% of the fund
- American Homes 4 RentAMH<0.1% of the fund
Added
Bought more of a stock they already held.
- Southern First BancsharesSFST7.1% of the fund+11%
- Equity BancsharesEQBK6.1% of the fund+4%
- Townebank Portsmouth VATOWN4.7% of the fund+80%
- Seacoast Banking Corp of FloridaSBCF4.3% of the fund+11%
- CVB FinancialCVBF3.8% of the fund+52%
- Huntington BancsharesHBAN3.1% of the fund+22%
- UMB FinancialUMBF2.4% of the fund+191%
- Annaly Capital ManagementNLY1.1% of the fund+128%
- American Healthcare REITAHR0.9% of the fund+117%
- FirstCash HoldingsFCFS0.6% of the fund+313%
- Reinsurance Group of AmericaRGA0.4% of the fund+65%
- Toll BrothersTOL0.4% of the fund+60%
- First Industrial Realty TrustFR0.4% of the fund+4%
- CTO Realty GrowthCTO0.3% of the fund+4%
- MSC Income FundMSIF0.3% of the fund+21%
- Brixmor Property GroupBRX0.3% of the fund+52%
- Federated HermesFHI0.3% of the fund+263%
- Globe LifeGL0.3% of the fund+12%
- Eastgroup PropertiesEGP0.2% of the fund+19%
- Synchrony FinancialSYF0.2% of the fund+96%
- Capital One FinancialCOF0.1% of the fund+10%
- MastercardMA0.1% of the fund+19%
- Neptune Insurance HoldingsNP<0.1% of the fund+6%
- Bread Financial HoldingsBFH<0.1% of the fund+44%
- Xenia Hotels & ResortsXHR<0.1% of the fund+12%
Cut
Sold some of their stake.
- Nicolet BanksharesNIC6.0% of the fund-10%
- SouthState BankSSB5.7% of the fund-44%
- HomeTrust BancsharesHTB5.4% of the fund-46%
- Old Second BancorpOSBC4.4% of the fund-3%
- Horizon BancorpHBNC3.2% of the fund-3%
- Stock Yards BancorpSYBT0.8% of the fund-12%
- Jones Lang LasalleJLL0.8% of the fund-41%
- CNO Financial GroupCNO0.5% of the fund-38%
- Hercules CapitalHTGC0.5% of the fund-10%
- Exzeo GroupXZO0.5% of the fund-67%
- Encore Capital GroupECPG0.5% of the fund-6%
- Main Street CapitalMAIN0.4% of the fund-22%
- Ameris BancorpABCB0.3% of the fund-80%
- InvenTrust PropertiesIVT0.3% of the fund-41%
- Skyward Specialty Insurance GroupSKWD0.3% of the fund-61%
- DaveDAVE0.2% of the fund-53%
- HCI GroupHCI0.2% of the fund-79%
- Franklin TempletonBEN0.1% of the fund-61%
- Hanover Insurance GroupTHG0.1% of the fund-82%
- SiriusPointSPNT<0.1% of the fund-36%
- Ryman Hospitality PropertiesRHP<0.1% of the fund-24%
- TransUnionTRU<0.1% of the fund-51%
- Curbline PropertiesCURB<0.1% of the fund-52%
- Essential Properties Realty TrustEPRT<0.1% of the fund-40%
- MID America Apartment CommunitiesMAA<0.1% of the fund-84%
Sold out
Sold their entire stake.
- Eastern BanksharesEBC-100%
- RBB BancorpRBB-100%
- BankUnitedBKU-100%
- Old National BancorpONB-100%
- Southern Missouri BancorpSMBC-100%
- Independent BankINDB-100%
- Northern TrustNTRS-100%
- Bank of AmericaBAC-100%
- Morgan StanleyMS-100%
- WesbancoWSBC-100%
- John Marshall BancorpJMSB-100%
- Citizens Financial GroupCFG-100%
- ServisFirst BancsharesSFBS-100%
- Charles SchwabSCHW-100%
- Virtu FinancialVIRT-100%
- Palomar HoldingsPLMR-100%
- Amerant BancorpAMTB-100%
- US BancorpUSB-100%
- Essent GroupESNT-100%
- PultegroupPHM-100%
- OneMain HoldingsOMF-100%
- Digital Realty TrustDLR-100%
- NasdaqNDAQ-100%
- EquinixEQIX-100%
- Eagle BancorpEGBN-100%
Holdings
- Townebank Portsmouth VATOWN
- Share
- 4.7%
- Value
- $37m
- Shares
- 1,008,071
+80%
- Janus LivingJAN
- Share
- <0.1%
- Value
- $618,542
- Shares
- 21,522
New
Showing the largest 100 of 120.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is down 18.3% since 30 June 2025.
Where the money is
Financial services86.4%
Real estate5.8%
Technology0.6%
Materials0.6%
Retail & consumer0.5%
Health care0.1%
Industrials0.1%
Other6.0%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.