Jacobs Asset Management, LLC
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Jacobs Asset Management, LLC reported 28 stock positions worth $167.1 million. Its top holding was Sprott (SII) at 13.7% of the portfolio, followed by Quinstreet (QNST, 8.2%) and Servisfirst Bancshares (SFBS, 6.5%). Compared with Q4 2025, it opened 2 new positions, sold out of 6, added to 13 and reduced 10. The biggest buy was Triumph Financial (TFIN, shares +922%) and the biggest sale an exit from Allstate (ALL).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001351063
- Portfolio Value
- $167.1M (Q1 2026)
- SEC Filing
- 0001351063-26-000005 ↗ filed May 15, 2026
Holdings Value
Holdings 28 stocks · $167.1M
| SII Sprott Inc. | 13.69% | 160,027 | $22.9M | Reduce -3.3% |
| QNST Quinstreet Inc. | 8.15% | 1,134,300 | $13.6M | Add +21.6% |
| SFBS Servisfirst Bancshares Inc. | 6.54% | 150,000 | $10.9M | Add +50.0% |
| GOLD Gold.com Inc. | 6.18% | 257,500 | $10.3M | Reduce -14.2% |
| MAX Mediaalpha Inc. Class A | 5.15% | 924,443 | $8.6M | Add +31.1% |
| QCRH QCR Holdings Inc. filed as QCR HLDGS INC | 5.11% | 100,000 | $8.5M | Reduce -8.8% |
| NPB Northpointe Bancshares Inc. | 4.39% | 425,000 | $7.3M | Reduce -10.5% |
| CBK Commercial Bancgroup Inc. | 4.34% | 278,454 | $7.2M | Reduce -13.0% |
| TFIN Triumph Financial Inc. | 4.20% | 117,500 | $7.0M | Add +922.0% |
| CCB Coastal Financial Corp. | 4.06% | 89,146 | $6.8M | Add +0.8% |
| BPOP Popular Inc. | 4.01% | 50,000 | $6.7M | No change |
| MYFW First Western Financial Inc. | 3.79% | 257,819 | $6.3M | Reduce -3.7% |
| EVER Everquote Inc. Class A | 3.72% | 403,300 | $6.2M | Add +199.9% |
| COFS Choiceone Financial SVCS Inc. | 3.30% | 196,227 | $5.5M | Add +19.7% |
| NBHC National Bank Hold Class A | 2.81% | 120,000 | $4.7M | Reduce -35.1% |
| HBNC Horizon Bancorp Inc. | 2.63% | 265,000 | $4.4M | No change |
| OFG Ofg Bancorp | 2.18% | 90,000 | $3.6M | Add +13.4% |
| TCBK Trico Bancshares | 2.13% | 75,000 | $3.6M | Add +11.1% |
| HTBK Heritage Commerce Corp. | 1.96% | 262,500 | $3.3M | Add +31.3% |
| AOMR Angel Oak Mortgage REIT Inc. | 1.84% | 375,000 | $3.1M | Add +30.4% |
| CBSH Commerce Bancshares Inc. | 1.84% | 62,500 | $3.1M | New |
| OSBC Old Second Bancorp Inc. | 1.81% | 150,000 | $3.0M | Reduce -46.7% |
| FBK FB Financial Corp. filed as FB FINL CORP | 1.55% | 50,000 | $2.6M | No change |
| AVBH Avidbank Holdings Inc. | 1.52% | 88,885 | $2.5M | Reduce -34.2% |
| GDOT Green Dot Corp. Class A | 1.51% | 225,000 | $2.5M | Add +115.2% |
| CVBF CVB Financial Corp. | 0.70% | 60,000 | $1.2M | Add +10.0% |
| BRBS Blue Ridge Bankshares Inc. | 0.50% | 199,878 | $839K | Reduce -30.4% |
| TREE Lendingtree Inc. | 0.38% | 15,000 | $643K | New |
Portfolio Sells Q4 2025 → Q1 2026
| ALL Allstate Corp. | Sold out | 0.00% | −5.62 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −4.18 |
| PBBK PB Bankshares Inc. | Sold out | 0.00% | −2.41 |
| CBC Central Bancompany | Sold out | 0.00% | −1.48 |
| OSBC Old Second Bancorp Inc. | Reduce -46.7% | 1.81% | −1.25 |
| NBHC National Bank Hold Class A | Reduce -35.1% | 2.81% | −1.10 |
| PGR Progressive Corp. | Sold out | 0.00% | −0.95 |
| UWMC Uwm Holdings Corp. | Sold out | 0.00% | −0.63 |
| AVBH Avidbank Holdings Inc. | Reduce -34.2% | 1.52% | −0.48 |
| MYFW First Western Financial Inc. | Reduce -3.7% | 3.79% | −0.21 |
| BRBS Blue Ridge Bankshares Inc. | Reduce -30.4% | 0.50% | −0.18 |
| NPB Northpointe Bancshares Inc. | Reduce -10.5% | 4.39% | −0.05 |
| CBK Commercial Bancgroup Inc. | Reduce -13.0% | 4.34% | −0.04 |
| QCRH QCR Holdings Inc. | Reduce -8.8% | 5.11% | +0.02 |
| GOLD Gold.com Inc. | Reduce -14.2% | 6.18% | +0.49 |
| SII Sprott Inc. | Reduce -3.3% | 13.69% | +4.66 |
Portfolio Buys Q4 2025 → Q1 2026
| TFIN Triumph Financial Inc. | Add +922.0% | 4.20% | +3.79 |
| SFBS Servisfirst Bancshares Inc. | Add +50.0% | 6.54% | +2.54 |
| CBSH Commerce Bancshares Inc. | New | 1.84% | +1.84 |
| EVER Everquote Inc. Class A | Add +199.9% | 3.72% | +1.70 |
| GDOT Green Dot Corp. Class A | Add +115.2% | 1.51% | +0.77 |
| QNST Quinstreet Inc. | Add +21.6% | 8.15% | +0.69 |
| HTBK Heritage Commerce Corp. | Add +31.3% | 1.96% | +0.62 |
| COFS Choiceone Financial SVCS Inc. | Add +19.7% | 3.30% | +0.61 |
| AOMR Angel Oak Mortgage REIT Inc. | Add +30.4% | 1.84% | +0.47 |
| TREE Lendingtree Inc. | New | 0.38% | +0.38 |
| OFG Ofg Bancorp | Add +13.4% | 2.18% | +0.37 |
| TCBK Trico Bancshares | Add +11.1% | 2.13% | +0.35 |
| CVBF CVB Financial Corp. | Add +10.0% | 0.70% | +0.13 |
| MAX Mediaalpha Inc. Class A | Add +31.1% | 5.15% | +0.06 |
| CCB Coastal Financial Corp. | Add +0.8% | 4.06% | −1.58 |
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 |