Stieven Capital Advisors, L.P.

ST. LOUIS, MO

$524m in 36 US stocks at the end of 30 June 2026. The top 10 are 49.8% of the money. It changed about 7.7% of the portfolio this quarter.

Value

$524m

Stocks

Top 10 share

49.8%

Turnover

7.7%

What changed this quarter

New

Bought for the first time this quarter.

Southern First BancsharesSFST
1.1% of the fund
California BanCorpBCAL
1.0% of the fund
Burke & Herbert Financial ServicesBHRB
0.9% of the fund
Stifel FinancialSF
0.4% of the fund

Added

Bought more of a stock they already held.

Axos FinancialAX
4.8% of the fund
+6%
Old National BancorpONB
3.8% of the fund
+3%
Old Second BancorpOSBC
3.6% of the fund
+5%
Coastal FinancialCCB
2.3% of the fund
+41%
Alerus FinancialALRS
2.3% of the fund
+13%
Horizon BancorpHBNC
2.2% of the fund
+5%
Pinnacle Financial PartnersPNFP
2.1% of the fund
+84%
Nicolet BanksharesNIC
1.8% of the fund
+6%

Cut

Sold some of their stake.

Columbia Banking SystemCOLB
6.6% of the fund
-10%
Western Alliance BancorporationWAL
5.9% of the fund
-4%
Atlantic Union BanksharesAUB
5.6% of the fund
-6%
UMB FinancialUMBF
5.6% of the fund
-11%
Citizens Financial GroupCFG
4.7% of the fund
-6%
ConnectOne BancorpCNOB
4.3% of the fund
-7%
SouthState BankSSB
4.2% of the fund
-18%
East West BancorpEWBC
3.9% of the fund
-16%
Fifth Third BancorpFITB
3.2% of the fund
-7%
CNB FinancialCCNE
2.8% of the fund
-5%
Wintrust FinancialWTFC
2.8% of the fund
-7%
Preferred BK LOS Angeles CAPFBC
2.4% of the fund
-4%
Regions FinancialRF
2.1% of the fund
-16%
First Citizens BancsharesFCNCA
1.9% of the fund
-21%
Hanmi FinancialHAFC
1.9% of the fund
-31%
RenasantRNST
1.4% of the fund
-8%

Sold out

Sold their entire stake.

Holdings

Columbia Banking SystemCOLB
Share
6.6%
Value
$34m
Shares
1,071,732
-10%
Western Alliance BancorporationWAL
Share
5.9%
Value
$31m
Shares
376,885
-4%
Atlantic Union BanksharesAUB
Share
5.6%
Value
$29m
Shares
693,749
-6%
UMB FinancialUMBF
Share
5.6%
Value
$29m
Shares
204,065
-11%
Axos FinancialAX
Share
4.8%
Value
$25m
Shares
256,345
+6%
Citizens Financial GroupCFG
Share
4.7%
Value
$25m
Shares
349,780
-6%
Hancock WhitneyHWC
Share
4.3%
Value
$23m
Shares
301,296
Held
ConnectOne BancorpCNOB
Share
4.3%
Value
$22m
Shares
670,377
-7%
SouthState BankSSB
Share
4.2%
Value
$22m
Shares
221,394
-18%
East West BancorpEWBC
Share
3.9%
Value
$20m
Shares
157,904
-16%
Old National BancorpONB
Share
3.8%
Value
$20m
Shares
766,134
+3%
Old Second BancorpOSBC
Share
3.6%
Value
$19m
Shares
815,328
+5%
Fifth Third BancorpFITB
Share
3.2%
Value
$17m
Shares
299,293
-7%
FNBFNB
Share
3.2%
Value
$17m
Shares
874,591
Held
CNB FinancialCCNE
Share
2.8%
Value
$15m
Shares
434,673
-5%
Wintrust FinancialWTFC
Share
2.8%
Value
$14m
Shares
89,683
-7%
Preferred BK LOS Angeles CAPFBC
Share
2.4%
Value
$13m
Shares
117,921
-4%
Coastal FinancialCCB
Share
2.3%
Value
$12m
Shares
155,771
+41%
Alerus FinancialALRS
Share
2.3%
Value
$12m
Shares
382,034
+13%
Horizon BancorpHBNC
Share
2.2%
Value
$12m
Shares
589,179
+5%
Regions FinancialRF
Share
2.1%
Value
$11m
Shares
372,682
-16%
Pinnacle Financial PartnersPNFP
Share
2.1%
Value
$11m
Shares
110,100
+84%
First Citizens BancsharesFCNCA
Share
1.9%
Value
$10m
Shares
4,815
-21%
BannerBANR
Share
1.9%
Value
$10m
Shares
150,756
Held
Hanmi FinancialHAFC
Share
1.9%
Value
$10m
Shares
306,788
-31%
Nicolet BanksharesNIC
Share
1.8%
Value
$9m
Shares
55,967
+6%
First BancorpFBP
Share
1.5%
Value
$8m
Shares
310,710
Held
RenasantRNST
Share
1.4%
Value
$7m
Shares
170,613
-8%
SmartfinancialSMBK
Share
1.3%
Value
$7m
Shares
147,534
Held
Bank of AmericaBAC
Share
1.1%
Value
$6m
Shares
101,537
Held
Southern First BancsharesSFST
Share
1.1%
Value
$6m
Shares
94,114
New
California BanCorpBCAL
Share
1.0%
Value
$5m
Shares
252,843
New
Burke & Herbert Financial ServicesBHRB
Share
0.9%
Value
$5m
Shares
63,940
New
Civista BancsharesCIVB
Share
0.7%
Value
$4m
Shares
126,953
Held
Valley National BancorpVLY
Share
0.4%
Value
$2m
Shares
158,566
Held
Stifel FinancialSF
Share
0.4%
Value
$2m
Shares
32,500
New

Company	Share of fund	Value	Shares	Change
Columbia Banking SystemCOLB	6.6%	$34m	1,071,732	-10%
Western Alliance BancorporationWAL	5.9%	$31m	376,885	-4%
Atlantic Union BanksharesAUB	5.6%	$29m	693,749	-6%
UMB FinancialUMBF	5.6%	$29m	204,065	-11%
Axos FinancialAX	4.8%	$25m	256,345	+6%
Citizens Financial GroupCFG	4.7%	$25m	349,780	-6%
Hancock WhitneyHWC	4.3%	$23m	301,296	Held
ConnectOne BancorpCNOB	4.3%	$22m	670,377	-7%
SouthState BankSSB	4.2%	$22m	221,394	-18%
East West BancorpEWBC	3.9%	$20m	157,904	-16%
Old National BancorpONB	3.8%	$20m	766,134	+3%
Old Second BancorpOSBC	3.6%	$19m	815,328	+5%
Fifth Third BancorpFITB	3.2%	$17m	299,293	-7%
FNBFNB	3.2%	$17m	874,591	Held
CNB FinancialCCNE	2.8%	$15m	434,673	-5%
Wintrust FinancialWTFC	2.8%	$14m	89,683	-7%
Preferred BK LOS Angeles CAPFBC	2.4%	$13m	117,921	-4%
Coastal FinancialCCB	2.3%	$12m	155,771	+41%
Alerus FinancialALRS	2.3%	$12m	382,034	+13%
Horizon BancorpHBNC	2.2%	$12m	589,179	+5%
Regions FinancialRF	2.1%	$11m	372,682	-16%
Pinnacle Financial PartnersPNFP	2.1%	$11m	110,100	+84%
First Citizens BancsharesFCNCA	1.9%	$10m	4,815	-21%
BannerBANR	1.9%	$10m	150,756	Held
Hanmi FinancialHAFC	1.9%	$10m	306,788	-31%
Nicolet BanksharesNIC	1.8%	$9m	55,967	+6%
First BancorpFBP	1.5%	$8m	310,710	Held
RenasantRNST	1.4%	$7m	170,613	-8%
SmartfinancialSMBK	1.3%	$7m	147,534	Held
Bank of AmericaBAC	1.1%	$6m	101,537	Held
Southern First BancsharesSFST	1.1%	$6m	94,114	New
California BanCorpBCAL	1.0%	$5m	252,843	New
Burke & Herbert Financial ServicesBHRB	0.9%	$5m	63,940	New
Civista BancsharesCIVB	0.7%	$4m	126,953	Held
Valley National BancorpVLY	0.4%	$2m	158,566	Held
Stifel FinancialSF	0.4%	$2m	32,500	New

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 2.2% since 30 June 2025.

Where the money is

Financial services97.6%

Other2.4%

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.