Jacobs Asset Management, LLC
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 14, 2024), Jacobs Asset Management, LLC reported 30 stock positions worth $151.1 million. Its top holding was Sprott (SII) at 8.9% of the portfolio, followed by Gold.com (GOLD, 8.0%) and First Citizens Bcshs Class A (FCNCA, 7.6%). Compared with Q2 2024, it opened 6 new positions, sold out of 11, added to 7 and reduced 17. The biggest buy was a new position in Midwestone Financial Group I (MOFG) and the biggest sale Prosperity Bancshares (PB, shares −93%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001351063
- Portfolio Value
- $151.1M (Q3 2024)
- SEC Filing
- 0001085146-24-005901 ↗ filed Nov 14, 2024
Holdings Value
Holdings 30 stocks · $151.1M
| SII Sprott Inc. | 8.88% | 310,000 | $13.4M | Reduce -12.1% |
| GOLD Gold.com Inc. filed as A-MARK PRECIOUS METALS INC | 8.04% | 275,000 | $12.1M | Reduce -8.3% |
| FCNCA First Citizens Bcshs Class A | 7.61% | 6,250 | $11.5M | Add +25.0% |
| ALL Allstate Corp. | 6.90% | 55,000 | $10.4M | Reduce -4.3% |
| CCB Coastal Financial Corp. | 6.70% | 187,500 | $10.1M | Add +9.1% |
| BPOP Popular Inc. | 6.30% | 95,000 | $9.5M | Reduce -7.3% |
| QNST Quinstreet Inc. | 6.05% | 477,910 | $9.1M | Reduce -4.2% |
| QCRH QCR Holdings Inc. | 5.28% | 107,751 | $8.0M | Reduce -21.5% |
| MAX Mediaalpha Inc. Class A | 4.06% | 338,775 | $6.1M | Reduce -24.7% |
| WABC Westamerica Bancorporation | 3.80% | 116,250 | $5.7M | Reduce -25.7% |
| MOFG Midwestone Financial Group I | 3.80% | 201,145 | $5.7M | New |
| EVER Everquote Inc. Class A | 3.49% | 249,840 | $5.3M | Add +50.1% |
| OSBC Old Second Bancorp Inc. | 3.22% | 312,500 | $4.9M | Reduce -3.9% |
| CVBF CVB Financial Corp. | 2.95% | 250,000 | $4.5M | New |
| MYFW First Western Financial Inc. | 2.75% | 208,114 | $4.2M | Add +31.4% |
| OFG Ofg Bancorp | 2.60% | 87,500 | $3.9M | Reduce -51.2% |
| COFS Choiceone Financial SVCS Inc. | 2.05% | 100,000 | $3.1M | New |
| AGNC AGNC Investment Corp. | 1.73% | 250,000 | $2.6M | Add +7.7% |
| AMTB Amerant Bancorp Inc. | 1.70% | 120,000 | $2.6M | New |
| PGR Progressive Corp. | 1.68% | 10,000 | $2.5M | Reduce -20.0% |
| EWBC East West Bancorp Inc. | 1.64% | 30,000 | $2.5M | Add +33.3% |
| WSBC Wesbanco Inc. | 1.43% | 72,727 | $2.2M | New |
| PPBI Pacific Premier Bancorp Inc. | 1.39% | 83,754 | $2.1M | Reduce -40.7% |
| EFC Ellington Financial Inc. | 1.37% | 161,190 | $2.1M | Reduce -41.4% |
| SFBS Servisfirst Bancshares Inc. | 1.33% | 25,000 | $2.0M | Reduce -58.3% |
| LIEN Chicago Atlantic BDC Inc. filed as SILVER SPIKE INVESTMENT CORP | 0.82% | 115,801 | $1.2M | Reduce -0.3% |
| MITT TPG Mortgage Investment Trus | 0.79% | 159,400 | $1.2M | Reduce -48.4% |
| BRBS Blue Ridge Bankshares Inc. | 0.70% | 379,377 | $1.1M | Add +65.8% |
| AOMR Angel Oak Mortgage REIT Inc. | 0.65% | 93,460 | $975K | New |
| PB Prosperity Bancshares Inc. | 0.29% | 6,002 | $433K | Reduce -92.5% |
Portfolio Sells Q2 2024 → Q3 2024
| PB Prosperity Bancshares Inc. | Reduce -92.5% | 0.29% | −2.82 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −2.62 |
| FMBH First Mid Bancshares Inc. | Sold out | 0.00% | −2.57 |
| ESQ Esquire Financial Holdings I | Sold out | 0.00% | −1.99 |
| OFG Ofg Bancorp | Reduce -51.2% | 2.60% | −1.67 |
| FHB First Hawaiian Inc. | Sold out | 0.00% | −1.65 |
| BUSE First Busey Corp. | Sold out | 0.00% | −1.54 |
| NEWT Newtekone Inc. | Sold out | 0.00% | −1.41 |
| FFWM First Foundation Inc. | Sold out | 0.00% | −1.25 |
| SFBS Servisfirst Bancshares Inc. | Reduce -58.3% | 1.33% | −1.08 |
| BOH Bank of Hawaii Corp. | Sold out | 0.00% | −1.08 |
| WABC Westamerica Bancorporation | Reduce -25.7% | 3.80% | −1.03 |
| FRBA First Bank/Hamilton NJ | Sold out | 0.00% | −0.88 |
| TREE Lendingtree Inc. | Sold out | 0.00% | −0.79 |
| EFC Ellington Financial Inc. | Reduce -41.4% | 1.37% | −0.74 |
| PPBI Pacific Premier Bancorp Inc. | Reduce -40.7% | 1.39% | −0.67 |
| MITT TPG Mortgage Investment Trus | Reduce -48.4% | 0.79% | −0.51 |
| SII Sprott Inc. | Reduce -12.1% | 8.88% | −0.40 |
| LNKB Linkbancorp Inc. | Sold out | 0.00% | −0.06 |
| LIEN Chicago Atlantic BDC Inc. | Reduce -0.3% | 0.82% | −0.06 |
| PGR Progressive Corp. | Reduce -20.0% | 1.68% | +0.03 |
| QCRH QCR Holdings Inc. | Reduce -21.5% | 5.28% | +0.04 |
| OSBC Old Second Bancorp Inc. | Reduce -3.9% | 3.22% | +0.16 |
| MAX Mediaalpha Inc. Class A | Reduce -24.7% | 4.06% | +0.29 |
| BPOP Popular Inc. | Reduce -7.3% | 6.30% | +0.54 |
| QNST Quinstreet Inc. | Reduce -4.2% | 6.05% | +0.79 |
| ALL Allstate Corp. | Reduce -4.3% | 6.90% | +1.06 |
| GOLD Gold.com Inc. | Reduce -8.3% | 8.04% | +1.86 |
Portfolio Buys Q2 2024 → Q3 2024
| MOFG Midwestone Financial Group I | New | 3.80% | +3.80 |
| CVBF CVB Financial Corp. | New | 2.95% | +2.95 |
| FCNCA First Citizens Bcshs Class A | Add +25.0% | 7.61% | +2.26 |
| COFS Choiceone Financial SVCS Inc. | New | 2.05% | +2.05 |
| AMTB Amerant Bancorp Inc. | New | 1.70% | +1.70 |
| CCB Coastal Financial Corp. | Add +9.1% | 6.70% | +1.66 |
| WSBC Wesbanco Inc. | New | 1.43% | +1.43 |
| EVER Everquote Inc. Class A | Add +50.1% | 3.49% | +1.28 |
| MYFW First Western Financial Inc. | Add +31.4% | 2.75% | +1.04 |
| AOMR Angel Oak Mortgage REIT Inc. | New | 0.65% | +0.65 |
| EWBC East West Bancorp Inc. | Add +33.3% | 1.64% | +0.59 |
| BRBS Blue Ridge Bankshares Inc. | Add +65.8% | 0.70% | +0.32 |
| AGNC AGNC Investment Corp. | Add +7.7% | 1.73% | +0.32 |
Options Activity Q2 2024 → Q3 2024
| MAX Mediaalpha Inc. Class A | call | Sold out | 25,000 | $329Kbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |