Filed: 2/13/2026ACC: 0001420506-26-000417
📋 What this filing means
FJ CAPITAL MANAGEMENT LLC filed this quarterly 13F‑HR report disclosing 128 equity positions with a total reported market value of $905.78M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
128
Positions
$905.78M
Total AUM (reported)
25.23M
Total Shares
Allocation by class
COM$684.59M75.6%
COM NEW$99.77M11.0%
COM CL A$62.88M6.9%
CL A$20.98M2.3%
COM SHS$9.28M1.0%
COMMON STOCK$8.36M0.9%
COM SH BEN INT$5.09M0.6%
Portfolio Concentration
Top 3$203.96M22.5%
4–10$242.55M26.8%
11–25$234.46M25.9%
Rest$224.80M24.8%
Top 3 weight
22.5%
Top 10 weight
49.3%
Voting Authority Distribution
Total shares with voting rights: 25.23M
Sole
Full voting authority
25.23M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole128
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings128
Rows:
SOUTHSTATE BK CORP
SOLEShares813.03K
TypeSH
Market value$76.51M
8.45%
Sole
813.03K
Shared
0.00
None
0.00
HOMETRUST BANCSHARES INC
SOLEShares1.69M
TypeSH
Market value$72.72M
8.03%
Sole
1.69M
Shared
0.00
None
0.00
EQUITY BANCSHARES INC
SOLEShares1.23M
TypeSH
Market value$54.73M
6.04%
Sole
1.23M
Shared
0.00
None
0.00
SEACOAST BKG CORP FLA
SOLEShares1.36M
TypeSH
Market value$42.78M
4.72%
Sole
1.36M
Shared
0.00
None
0.00
SOUTHERN FIRST BANCSHARES
SOLEShares807.22K
TypeSH
Market value$41.59M
4.59%
Sole
807.22K
Shared
0.00
None
0.00
WESTERN ALLIANCE BANCORP
SOLEShares432.67K
TypeSH
Market value$36.37M
4.02%
Sole
432.67K
Shared
0.00
None
0.00
OLD SECOND BANCORP INC ILL
SOLEShares1.83M
TypeSH
Market value$35.68M
3.94%
Sole
1.83M
Shared
0.00
None
0.00
RBB BANCORP
SOLEShares1.51M
TypeSH
Market value$31.20M
3.44%
Sole
1.51M
Shared
0.00
None
0.00
MIDWESTONE FINL GROUP INC NE
SOLEShares797.82K
TypeSH
Market value$30.72M
3.39%
Sole
797.82K
Shared
0.00
None
0.00
WEBSTER FINL CORP
SOLEShares384.74K
TypeSH
Market value$24.22M
2.67%
Sole
384.74K
Shared
0.00
None
0.00
FIRST MERCHANTS CORP
SOLEShares633.67K
TypeSH
Market value$23.75M
2.62%
Sole
633.67K
Shared
0.00
None
0.00
CALIFORNIA BANCORP
SOLEShares1.27M
TypeSH
Market value$23.74M
2.62%
Sole
1.27M
Shared
0.00
None
0.00
US BANCORP DEL
SOLEShares373.43K
TypeSH
Market value$19.93M
2.20%
Sole
373.43K
Shared
0.00
None
0.00
HORIZON BANCORP INC
SOLEShares1.08M
TypeSH
Market value$18.38M
2.03%
Sole
1.08M
Shared
0.00
None
0.00
SOUTHERN MO BANCORP INC
SOLEShares300.94K
TypeSH
Market value$17.79M
1.96%
Sole
300.94K
Shared
0.00
None
0.00
EASTERN BANKSHARES INC
SOLEShares926.84K
TypeSH
Market value$17.08M
1.89%
Sole
926.84K
Shared
0.00
None
0.00
INDEPENDENT BK CORP MASS
SOLEShares230.53K
TypeSH
Market value$16.85M
1.86%
Sole
230.53K
Shared
0.00
None
0.00
OLD NATL BANCORP IND
SOLEShares717.02K
TypeSH
Market value$16.00M
1.77%
Sole
717.02K
Shared
0.00
None
0.00
ZIONS BANCORPORATION N A
SOLEShares239.12K
TypeSH
Market value$14.00M
1.55%
Sole
239.12K
Shared
0.00
None
0.00
MORGAN STANLEY
SOLEShares74.76K
TypeSH
Market value$13.27M
1.47%
Sole
74.76K
Shared
0.00
None
0.00
INDEPENDENT BK CORP MICH
SOLEShares385.09K
TypeSH
Market value$12.53M
1.38%
Sole
385.09K
Shared
0.00
None
0.00
WESBANCO INC
SOLEShares347.14K
TypeSH
Market value$11.54M
1.27%
Sole
347.14K
Shared
0.00
None
0.00
QCR HOLDINGS INC
SOLEShares132.90K
TypeSH
Market value$11.07M
1.22%
Sole
132.90K
Shared
0.00
None
0.00
CHAIN BRIDGE BANCORP INC
SOLEShares293.79K
TypeSH
Market value$10.18M
1.12%
Sole
293.79K
Shared
0.00
None
0.00
AVIDIA BANCORP INC
SOLEShares497.26K
TypeSH
Market value$8.36M
0.92%
Sole
497.26K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
SOUTHSTATE BK CORPSOLE | COM | 813.03K | SH | $76.51M 8.45% | 813.03K | 0.00 | 0.00 |
HOMETRUST BANCSHARES INCSOLE | COM | 1.69M | SH | $72.72M 8.03% | 1.69M | 0.00 | 0.00 |
EQUITY BANCSHARES INCSOLE | COM CL A | 1.23M | SH | $54.73M 6.04% | 1.23M | 0.00 | 0.00 |
SEACOAST BKG CORP FLASOLE | COM NEW | 1.36M | SH | $42.78M 4.72% | 1.36M | 0.00 | 0.00 |
SOUTHERN FIRST BANCSHARESSOLE | COM | 807.22K | SH | $41.59M 4.59% | 807.22K | 0.00 | 0.00 |
WESTERN ALLIANCE BANCORPSOLE | COM | 432.67K | SH | $36.37M 4.02% | 432.67K | 0.00 | 0.00 |
OLD SECOND BANCORP INC ILLSOLE | COM | 1.83M | SH | $35.68M 3.94% | 1.83M | 0.00 | 0.00 |
RBB BANCORPSOLE | COM | 1.51M | SH | $31.20M 3.44% | 1.51M | 0.00 | 0.00 |
MIDWESTONE FINL GROUP INC NESOLE | COM | 797.82K | SH | $30.72M 3.39% | 797.82K | 0.00 | 0.00 |
WEBSTER FINL CORPSOLE | COM | 384.74K | SH | $24.22M 2.67% | 384.74K | 0.00 | 0.00 |
FIRST MERCHANTS CORPSOLE | COM | 633.67K | SH | $23.75M 2.62% | 633.67K | 0.00 | 0.00 |
CALIFORNIA BANCORPSOLE | COM | 1.27M | SH | $23.74M 2.62% | 1.27M | 0.00 | 0.00 |
US BANCORP DELSOLE | COM NEW | 373.43K | SH | $19.93M 2.20% | 373.43K | 0.00 | 0.00 |
HORIZON BANCORP INCSOLE | COM | 1.08M | SH | $18.38M 2.03% | 1.08M | 0.00 | 0.00 |
SOUTHERN MO BANCORP INCSOLE | COM | 300.94K | SH | $17.79M 1.96% | 300.94K | 0.00 | 0.00 |
EASTERN BANKSHARES INCSOLE | COM | 926.84K | SH | $17.08M 1.89% | 926.84K | 0.00 | 0.00 |
INDEPENDENT BK CORP MASSSOLE | COM | 230.53K | SH | $16.85M 1.86% | 230.53K | 0.00 | 0.00 |
OLD NATL BANCORP INDSOLE | COM | 717.02K | SH | $16.00M 1.77% | 717.02K | 0.00 | 0.00 |
ZIONS BANCORPORATION N ASOLE | COM | 239.12K | SH | $14.00M 1.55% | 239.12K | 0.00 | 0.00 |
MORGAN STANLEYSOLE | COM NEW | 74.76K | SH | $13.27M 1.47% | 74.76K | 0.00 | 0.00 |
INDEPENDENT BK CORP MICHSOLE | COM NEW | 385.09K | SH | $12.53M 1.38% | 385.09K | 0.00 | 0.00 |
WESBANCO INCSOLE | COM | 347.14K | SH | $11.54M 1.27% | 347.14K | 0.00 | 0.00 |
QCR HOLDINGS INCSOLE | COM | 132.90K | SH | $11.07M 1.22% | 132.90K | 0.00 | 0.00 |
CHAIN BRIDGE BANCORP INCSOLE | CL A | 293.79K | SH | $10.18M 1.12% | 293.79K | 0.00 | 0.00 |
AVIDIA BANCORP INCSOLE | COMMON STOCK | 497.26K | SH | $8.36M 0.92% | 497.26K | 0.00 | 0.00 |
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