Forest Hill Capital, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Forest Hill Capital, LLC reported 38 stock positions worth $116.2 million. Its top holding was Sprott Physical Gold Trust (PHYS) at 21.6% of the portfolio, followed by Franco-Nevada (FNV, 8.4%) and Vaneck Gold Miners ETF (GDX, 7.6%). Compared with Q4 2023, it opened 2 new positions, sold out of 9, added to 5 and reduced 10. The biggest buy was a new position in Origin Bancorp (OBK) and the biggest sale Cadence Bank (CADE, shares −80%).
- Most Recent 13F
- Q2 2026
- Location
- LITTLE ROCK, AR
- CIK
- 0001316550
- Portfolio Value
- $116.2M (Q1 2024)
- SEC Filing
- 0001085146-24-002624 ↗ filed May 15, 2024
Holdings Value
Holdings 38 stocks · $116.2M
| PHYS Sprott Physical Gold Trust | 21.57% | 1,448,500 | $25.1M | No change |
| FNV Franco-Nevada Corp. | 8.36% | 81,500 | $9.7M | No change |
| GDX Vaneck Gold Miners ETF | 7.61% | 279,500 | $8.8M | No change |
| AMZN Amazon.com Inc. | 6.21% | 40,000 | $7.2M | No change |
| NEM Newmont Corp. | 6.20% | 200,950 | $7.2M | No change |
| JOE The St Joe Co. | 3.97% | 79,500 | $4.6M | No change |
| DLR Digital Realty Trust Inc. | 3.86% | 31,100 | $4.5M | No change |
| CMCO Columbus McKinnon Corp. | 3.41% | 88,688 | $4.0M | No change |
| MSFT Microsoft Corp. | 2.90% | 8,000 | $3.4M | Reduce -20.0% |
| BANR Banner Corporation | 2.54% | 61,476 | $3.0M | Reduce -66.8% |
| HQY Healthequity Inc. | 2.23% | 31,676 | $2.6M | Add +3.9% |
| PNFP Pinnacle Financial Partners | 2.03% | 27,525 | $2.4M | Reduce -66.2% |
| HWC Hancock Whitney Corp. | 1.97% | 49,751 | $2.3M | Reduce -55.7% |
| GOOGL Alphabet Inc. Class A | 1.95% | 15,000 | $2.3M | No change |
| TCBI Texas Capital Bancshares Inc. | 1.89% | 35,748 | $2.2M | Reduce -74.5% |
| WIRE Encore Wire Corp. | 1.81% | 8,000 | $2.1M | No change |
| CADE Cadence Bank | 1.66% | 66,352 | $1.9M | Reduce -80.3% |
| ATSG Air Transport Services Group | 1.63% | 137,950 | $1.9M | No change |
| ZIMV Zimvie Inc. | 1.63% | 115,000 | $1.9M | Add +9.8% |
| FIBK First Interstate Bancsys-A | 1.48% | 63,000 | $1.7M | Reduce -71.0% |
| OBK Origin Bancorp Inc. | 1.34% | 50,000 | $1.6M | New |
| SASR Sandy Spring Bancorp Inc. | 1.30% | 65,063 | $1.5M | No change |
| CALM Cal-Maine Foods Inc. | 1.27% | 25,000 | $1.5M | No change |
| TBRG Trubridge Inc. | 1.17% | 147,435 | $1.4M | Add +18.1% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 1.14% | 6,900 | $1.3M | No change |
| VYMI Vanguard Int High DVD YLD Inc. | 1.14% | 19,200 | $1.3M | No change |
| PARAA Paramount Global Class B | 1.05% | 103,700 | $1.2M | Add +21.0% |
| SSB Southstate Bank Corp. | 1.02% | 14,000 | $1.2M | Reduce -84.3% |
| WEST Westrock Coffee Co. | 0.89% | 100,000 | $1.0M | No change |
| RELL Richardson Elec Ltd. | 0.78% | 97,813 | $901K | New |
| CSCO Cisco Systems Inc. | 0.62% | 14,531 | $725K | No change |
| BIPC Brookfield Infrastructure-A | 0.61% | 19,600 | $706K | Add +25.6% |
| ABBV Abbvie Inc. | 0.56% | 3,600 | $656K | No change |
| SMBK Smartfinancial Inc. | 0.56% | 30,632 | $645K | Reduce -68.3% |
| ENB Enbridge Inc. | 0.49% | 15,800 | $572K | No change |
| CCI Crown Castle Inc. | 0.47% | 5,200 | $550K | No change |
| FHN First Horizon Corp. | 0.37% | 28,000 | $431K | Reduce -93.8% |
| WM Waste Management Inc. | 0.32% | 1,730 | $369K | No change |
Portfolio Sells Q4 2023 → Q1 2024
| CADE Cadence Bank | Reduce -80.3% | 1.66% | −3.56 |
| ABCB Ameris Bancorp | Sold out | 0.00% | −3.53 |
| FHN First Horizon Corp. | Reduce -93.8% | 0.37% | −2.94 |
| SSB Southstate Bank Corp. | Reduce -84.3% | 1.02% | −2.90 |
| TCBI Texas Capital Bancshares Inc. | Reduce -74.5% | 1.89% | −2.83 |
| BANR Banner Corporation | Reduce -66.8% | 2.54% | −2.64 |
| HFWA Heritage Financial Corp. | Sold out | 0.00% | −2.36 |
| BANC Banc of California Inc. | Sold out | 0.00% | −2.35 |
| RF Regions Financial Corp. | Sold out | 0.00% | −2.05 |
| TFIN Triumph Financial Inc. | Sold out | 0.00% | −2.03 |
| FIBK First Interstate Bancsys-A | Reduce -71.0% | 1.48% | −2.01 |
| FBK FB Financial Corp. | Sold out | 0.00% | −1.77 |
| AUB Atlantic Union Bankshares Co. | Sold out | 0.00% | −1.70 |
| PNFP Pinnacle Financial Partners | Reduce -66.2% | 2.03% | −1.67 |
| COLB Columbia Banking System Inc. | Sold out | 0.00% | −1.25 |
| HWC Hancock Whitney Corp. | Reduce -55.7% | 1.97% | −0.88 |
| SMBK Smartfinancial Inc. | Reduce -68.3% | 0.56% | −0.68 |
| MDRX Veradigm Inc. | Sold out | 0.00% | −0.11 |
| MSFT Microsoft Corp. | Reduce -20.0% | 2.90% | +0.93 |
Portfolio Buys Q4 2023 → Q1 2024
| OBK Origin Bancorp Inc. | New | 1.34% | +1.34 |
| HQY Healthequity Inc. | Add +3.9% | 2.23% | +1.17 |
| RELL Richardson Elec Ltd. | New | 0.78% | +0.78 |
| ZIMV Zimvie Inc. | Add +9.8% | 1.63% | +0.66 |
| TBRG Trubridge Inc. | Add +18.1% | 1.17% | +0.44 |
| PARAA Paramount Global Class B | Add +21.0% | 1.05% | +0.39 |
| BIPC Brookfield Infrastructure-A | Add +25.6% | 0.61% | +0.32 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $129.9M | PHYS, GDX, NEM, FNV, SLV |
| Q1 2026 | 19 | $152.3M | PHYS, GDX, NEM, FNV, SLV |
| Q4 2025 | 35 | $195.6M | PHYS, GDX, SLV, NEM, FNV |
| Q3 2025 | 37 | $169.9M | PHYS, GDX, FNV, NEM, AMZN |
| Q2 2025 | 36 | $140.9M | PHYS, GDX, FNV, NEM, AMZN |
| Q1 2025 | 38 | $133.6M | PHYS, GDX, FNV, NEM, AMZN |
| Q4 2024 | 39 | $129.4M | PHYS, FNV, GDX, AMZN, NEM |
| Q3 2024 | 41 | $131.7M | PHYS, GDX, NEM, FNV, AMZN |
| Q2 2024 | 39 | $121.2M | PHYS, FNV, GDX, NEM, AMZN |
| Q1 2024 | 38 | $116.2M | PHYS, FNV, GDX, AMZN, NEM |