HoldCo Asset Management, LP

In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 12, 2026), HoldCo Asset Management, LP reported 29 stock positions worth $1.3 billion. Its top holding was Comerica (CMA) at 13.3% of the portfolio, followed by Columbia Banking System (COLB, 12.0%) and Bankunited (BKU, 11.9%). Compared with Q3 2025, it opened 3 new positions, added to 5 and reduced 3. The biggest buy was Bankunited (BKU, shares +277%) and the biggest sale Citizens Financial (CFG, shares −43%).

Most Recent 13F
Q2 2026
Location
FORT LAUDERDALE, FL
CIK
0001724246
Portfolio Value
$1.3B (Q4 2025)
SEC Filing
0001724246-26-000002 ↗ filed Feb 12, 2026

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $16.7M Q1 2024 Q2 2024: $16.3M Q2 2024 Q3 2024: $18.9M Q3 2024 Q2 2025: $638.6M Q2 2025 Q3 2025: $947.6M Q3 2025 Q4 2025: $1.3B $1.3B Q4 2025 Q1 2026: $1.3B Q1 2026 Q2 2026: $1.6B Q2 2026

Holdings 29 stocks · $1.3B
CMA Comerica Inc. 13.32% 2,037,358 $177.1M Reduce -11.1%
COLB Columbia Banking System Inc. 12.03% 5,722,786 $160.0M No change
BKU Bankunited Inc. 11.85% 3,535,282 $157.6M Add +277.3%
KEY Keycorp 11.58% 7,456,484 $153.9M Add +125.7%
FIBK First Interstate Bancsys-A 10.28% 3,950,107 $136.7M No change
EBC Eastern Bankshares Inc. 10.24% 7,382,772 $136.1M Add +15.2%
CPF Central Pacific Financial Co. 5.69% 2,427,576 $75.6M Add +6.4%
CFG Citizens Financial Group 5.19% 1,181,859 $69.0M Reduce -43.4%
BBT Beacon Financial Corp. 4.09% 2,061,000 $54.3M New
CFFN Capitol Federal Financial Inc. 3.31% 6,466,059 $44.0M No change
CVBF CVB Financial Corp. 3.11% 2,223,972 $41.4M Add +17051.0%
TRST Trustco Bank Corp. NY 2.71% 872,744 $36.1M No change
HOPE Hope Bancorp Inc. 2.47% 2,996,172 $32.8M New
HTBK Heritage Commerce Corp. 1.47% 1,623,446 $19.5M No change
BMRC Bank of Marin Bancorp filed as BANK MARIN BANCORP 0.99% 504,411 $13.1M No change
XBP XBP Global Holdings Inc. 0.40% 787,141 $5.4M No change
RNST Renasant Corp. 0.22% 83,560 $2.9M No change
MCBS Metrocity Bankshares Inc. 0.20% 100,657 $2.7M New
SHBI Shore Bancshares Inc. 0.18% 136,114 $2.4M Reduce -51.1%
HBNC Horizon Bancorp Inc. 0.12% 91,756 $1.6M No change
FMBH First Mid Bancshares Inc. 0.10% 33,284 $1.3M No change
THFF First Financial Corp. 0.09% 20,171 $1.2M No change
PEBK Peoples Bancorp of NC 0.07% 25,284 $915K No change
FUNC First United Corp. 0.06% 20,804 $779K No change
BCAL California Bancorp 0.06% 40,531 $757K No change
BHRB Burke & Herbert Financial SE 0.05% 10,480 $653K No change
EBMT Eagle Bancorp Montana Inc. 0.05% 32,258 $642K No change
FNWB First Northwest Bancorp 0.04% 59,772 $561K No change
EGBN Eagle Bancorp Inc. 0.03% 18,622 $399K No change

Portfolio Sells Q3 2025 → Q4 2025
CFG Citizens Financial Group Reduce -43.4% 5.19% −6.51
CMA Comerica Inc. Reduce -11.1% 13.32% −3.24
SHBI Shore Bancshares Inc. Reduce -51.1% 0.18% −0.30

Portfolio Buys Q3 2025 → Q4 2025
BKU Bankunited Inc. Add +277.3% 11.85% +8.08
KEY Keycorp Add +125.7% 11.58% +5.06
BBT Beacon Financial Corp. New 4.09% +4.09
CVBF CVB Financial Corp. Add +17051.0% 3.11% +3.09
HOPE Hope Bancorp Inc. New 2.47% +2.47
MCBS Metrocity Bankshares Inc. New 0.20% +0.20
CPF Central Pacific Financial Co. Add +6.4% 5.69% −1.61
EBC Eastern Bankshares Inc. Add +15.2% 10.24% −2.04

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 29$1.6BFITB, COLB, KEY, BKU, EBC
Q1 2026 29$1.3BFITB, BKU, COLB, KEY, EBC
Q4 2025 29$1.3BCMA, COLB, BKU, KEY, FIBK
Q3 2025 26$947.6MCMA, COLB, FIBK, EBC, CFG
Q2 2025 24$638.6MCOLB, FIBK, CFG, KEY, EBC
Q3 2024 15$18.9MPEBK, FBMS, CPF, EBMT, SHBI
Q2 2024 15$16.3MPEBK, FBMS, EBMT, SHBI, CPF
Q1 2024 15$16.7MPEBK, FBMS, EBMT, SHBI, CPF