Jacobs Asset Management, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Jacobs Asset Management, LLC reported 27 stock positions worth $130.6 million. Its top holding was Sprott (SII) at 11.8% of the portfolio, followed by Gold.com (GOLD, 7.9%) and Allstate (ALL, 7.6%). Compared with Q4 2023, it opened 3 new positions, sold out of 5, added to 10 and reduced 11. The biggest buy was Westamerica Bancorporation (WABC, shares +195%) and the biggest sale an exit from New York Community Bancorp (FLG).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001351063
- Portfolio Value
- $130.6M (Q1 2024)
- SEC Filing
- 0001085146-24-002465 ↗ filed May 14, 2024
Holdings Value
Holdings 27 stocks · $130.6M
| SII Sprott Inc. | 11.79% | 416,696 | $15.4M | Reduce -15.5% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 7.85% | 334,248 | $10.3M | Add +5.3% |
| ALL Allstate Corp. | 7.62% | 57,500 | $9.9M | Add +15.0% |
| BPOP Popular Inc. | 6.74% | 100,000 | $8.8M | Reduce -27.3% |
| QCRH QCR Holdings Inc. | 5.77% | 124,118 | $7.5M | Add +3.4% |
| QNST Quinstreet Inc. | 5.75% | 425,000 | $7.5M | Add +3.7% |
| CCB Coastal Financial Corp. | 5.50% | 184,722 | $7.2M | Add +157.3% |
| WABC Westamerica Bancorporation | 5.24% | 140,000 | $6.8M | Add +194.7% |
| OFG Ofg Bancorp | 5.05% | 179,330 | $6.6M | Reduce -10.3% |
| PB Prosperity Bancshares Inc. | 4.53% | 90,000 | $5.9M | No change |
| MAX Mediaalpha Inc. Class A | 3.51% | 225,000 | $4.6M | Reduce -29.3% |
| EFC Ellington Financial Inc. | 3.50% | 387,500 | $4.6M | Add +63.2% |
| PGR Progressive Corp. | 3.36% | 21,250 | $4.4M | Add +41.7% |
| FMBH First Mid Bancshares Inc. | 2.70% | 107,739 | $3.5M | No change |
| PPBI Pacific Premier Bancorp Inc. | 2.59% | 141,206 | $3.4M | Add +197.3% |
| ESQ Esquire Financial Holdings I | 2.48% | 68,164 | $3.2M | Reduce -42.0% |
| EVER Everquote Inc. Class A | 2.43% | 171,167 | $3.2M | Reduce -23.9% |
| FCNCA First Citizens Bcshs Class A | 2.19% | 1,750 | $2.9M | New |
| OSBC Old Second Bancorp Inc. | 1.90% | 179,693 | $2.5M | New |
| TFC Truist Financial Corp. | 1.87% | 62,500 | $2.4M | New |
| MITT TPG Mortgage Investment Trus | 1.60% | 340,821 | $2.1M | Add +6.2% |
| EWBC East West Bancorp Inc. | 1.36% | 22,500 | $1.8M | Reduce -25.0% |
| LIEN Chicago Atlantic BDC Inc. filed as SILVER SPIKE INVESTMENT CORP | 1.17% | 159,400 | $1.5M | Reduce -12.9% |
| SFBS Servisfirst Bancshares Inc. | 1.14% | 22,500 | $1.5M | No change |
| AGNC AGNC Investment Corp. | 0.95% | 126,000 | $1.2M | Reduce -51.4% |
| FRBA First Bank/Hamilton NJ | 0.90% | 85,415 | $1.2M | Reduce -51.1% |
| LNKB Linkbancorp Inc. | 0.49% | 92,364 | $641K | Reduce -35.2% |
Portfolio Sells Q4 2023 → Q1 2024
| FLG New York Community Bancorp | Sold out | 0.00% | −6.44 |
| COLB Columbia Banking System Inc. | Sold out | 0.00% | −2.54 |
| ESQ Esquire Financial Holdings I | Reduce -42.0% | 2.48% | −2.11 |
| BPOP Popular Inc. | Reduce -27.3% | 6.74% | −2.07 |
| CPF Central Pacific Financial Co. | Sold out | 0.00% | −1.54 |
| WLFC Willis Lease Finance Corp. | Sold out | 0.00% | −1.33 |
| FRBA First Bank/Hamilton NJ | Reduce -51.1% | 0.90% | −1.11 |
| AGNC AGNC Investment Corp. | Reduce -51.4% | 0.95% | −1.03 |
| SII Sprott Inc. | Reduce -15.5% | 11.79% | −0.98 |
| OFG Ofg Bancorp | Reduce -10.3% | 5.05% | −0.80 |
| BCAL California Bancorp | Sold out | 0.00% | −0.56 |
| LNKB Linkbancorp Inc. | Reduce -35.2% | 0.49% | −0.40 |
| EWBC East West Bancorp Inc. | Reduce -25.0% | 1.36% | −0.32 |
| LIEN Chicago Atlantic BDC Inc. | Reduce -12.9% | 1.17% | −0.04 |
| EVER Everquote Inc. Class A | Reduce -23.9% | 2.43% | +0.28 |
| MAX Mediaalpha Inc. Class A | Reduce -29.3% | 3.51% | +0.74 |
Portfolio Buys Q4 2023 → Q1 2024
| WABC Westamerica Bancorporation | Add +194.7% | 5.24% | +3.15 |
| CCB Coastal Financial Corp. | Add +157.3% | 5.50% | +3.01 |
| FCNCA First Citizens Bcshs Class A | New | 2.19% | +2.19 |
| ALL Allstate Corp. | Add +15.0% | 7.62% | +2.15 |
| OSBC Old Second Bancorp Inc. | New | 1.90% | +1.90 |
| TFC Truist Financial Corp. | New | 1.87% | +1.87 |
| QNST Quinstreet Inc. | Add +3.7% | 5.75% | +1.64 |
| PPBI Pacific Premier Bancorp Inc. | Add +197.3% | 2.59% | +1.51 |
| PGR Progressive Corp. | Add +41.7% | 3.36% | +1.50 |
| EFC Ellington Financial Inc. | Add +63.2% | 3.50% | +1.15 |
| GOLD Gold.com Inc. | Add +5.3% | 7.85% | +0.35 |
| QCRH QCR Holdings Inc. | Add +3.4% | 5.77% | +0.30 |
| MITT TPG Mortgage Investment Trus | Add +6.2% | 1.60% | +0.01 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 21 | $132.8M | SII, QNST, MAX, GOLD, SFBS |
| Q1 2026 | 28 | $167.1M | SII, QNST, SFBS, GOLD, MAX |
| Q4 2025 | 32 | $179.5M | SII, QNST, GOLD, CCB, ALL |
| Q3 2025 | 31 | $182.7M | SII, BPOP, ALL, QNST, QCRH |
| Q2 2025 | 29 | $175.5M | SII, BPOP, FCNCA, QNST, ALL |
| Q1 2025 | 30 | $158.0M | FCNCA, SII, BPOP, ALL, NPB |
| Q4 2024 | 29 | $156.5M | BPOP, FCNCA, SII, ALL, CCB |
| Q3 2024 | 30 | $151.1M | SII, GOLD, FCNCA, ALL, CCB |
| Q2 2024 | 35 | $157.3M | SII, GOLD, ALL, BPOP, FCNCA |
| Q1 2024 | 27 | $130.6M | SII, GOLD, ALL, BPOP, QCRH |