JCSD Capital, LLC
In its 13F for Q3 2025 (holdings as of September 30, 2025, filed October 17, 2025), JCSD Capital, LLC reported 17 stock positions worth $56.3 million. Its top holding was iShares Core S&P 500 ETF (IVV) at 36.2% of the portfolio, followed by Coastal Financial (CCB, 25.0%) and East West Bancorp (EWBC, 7.5%). Compared with Q2 2025, it opened 5 new positions, sold out of 4, added to 3 and reduced 2. The biggest buy was a new position in Gbank Financial (GBFH) and the biggest sale an exit from Southern States Bancshares (SSBK).
- Most Recent 13F
- Q2 2026
- Location
- Walnut Creek, CA
- CIK
- 0001444055
- Portfolio Value
- $56.3M (Q3 2025)
- SEC Filing
- 0002085853-25-000108 ↗ filed Oct 17, 2025
Holdings Value
Holdings 17 stocks · $56.3M
| IVV iShares Core S&P 500 ETF | 36.21% | 30,450 | $20.4M | No change |
| CCB Coastal Financial Corp. | 24.99% | 130,040 | $14.1M | No change |
| EWBC East West Bancorp Inc. | 7.49% | 39,623 | $4.2M | Reduce -11.2% |
| NTB Bank of N.T. Butterfield&son | 6.01% | 78,800 | $3.4M | No change |
| BPOP Popular Inc. | 5.21% | 23,100 | $2.9M | Reduce -19.2% |
| AMTB Amerant Bancorp Inc. | 4.63% | 135,260 | $2.6M | No change |
| FOUR SHIFT4 Payments Inc. Class A | 3.26% | 23,709 | $1.8M | Add +41.9% |
| GBFH Gbank Financial Holdings Inc. | 2.85% | 40,808 | $1.6M | New |
| OSBC Old Second Bancorp Inc. | 2.31% | 75,100 | $1.3M | New |
| NLY Annaly Capital Management Inc. | 1.80% | 50,000 | $1.0M | No change |
| MCHB Mechanics Bancorp Class A | 1.49% | 63,051 | $839K | Add +292.8% |
| FNB FNB Corp. | 1.43% | 50,000 | $806K | New |
| FHN First Horizon Corp. | 1.21% | 30,000 | $678K | New |
| UWMC Uwm Holdings Corp. | 1.08% | 100,010 | $609K | Add +1000000.0% |
| CHYM Chime Financial Inc. Class A | 0.03% | 819 | $17K | New |
| KRE SS SPDR S&P Regional Bank | 0.01% | 100 | $6K | No change |
| MQ Marqeta Inc. | 0.00% | 100 | $528 | No change |
Options reported separately and not counted above: KRE puts ($53.8M), KRE calls ($1.6M), CCB calls ($1.5M), UWMC calls ($1.2M), MQ calls ($985K), CHYM calls ($666K), OSBC calls ($488K), FINX puts ($335K).
Portfolio Sells Q2 2025 → Q3 2025
Portfolio Buys Q2 2025 → Q3 2025
| GBFH Gbank Financial Holdings Inc. | New | 2.85% | +2.85 |
| OSBC Old Second Bancorp Inc. | New | 2.31% | +2.31 |
| FNB FNB Corp. | New | 1.43% | +1.43 |
| FHN First Horizon Corp. | New | 1.21% | +1.21 |
| MCHB Mechanics Bancorp Class A | Add +292.8% | 1.49% | +1.08 |
| UWMC Uwm Holdings Corp. | Add +1000000.0% | 1.08% | +1.08 |
| FOUR SHIFT4 Payments Inc. Class A | Add +41.9% | 3.26% | +0.04 |
| CHYM Chime Financial Inc. Class A | New | 0.03% | +0.03 |
Options Activity Q2 2025 → Q3 2025
| KRE SS SPDR S&P Regional Bank | put | New | 850,000 | $53.8M |
| FISV Fiserv Inc. | call | Sold out | 18,600 | $3.2Mbefore exit |
| XYZ Block Inc. | call | Sold out | 40,000 | $2.7Mbefore exit |
| KRE SS SPDR S&P Regional Bank | call | Reduce -88.6% | 25,000 | $1.6M |
| UWMC Uwm Holdings Corp. | call | Add +41.5% | 191,000 | $1.2M |
| MQ Marqeta Inc. | call | Reduce -5.1% | 186,500 | $985K |
| CHYM Chime Financial Inc. Class A | call | New | 33,000 | $666K |
| KSPI JSC Kaspi.kz ADR | call | Sold out | 6,000 | $509Kbefore exit |
| OSBC Old Second Bancorp Inc. | call | New | 28,200 | $488K |
| CASH Pathward Financial Inc. | put | Sold out | 6,000 | $475Kbefore exit |
| FINX Global X Fintech ETF | call | Sold out | 10,000 | $342Kbefore exit |
| FINX Global X Fintech ETF | put | Reduce -69.7% | 10,000 | $335K |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.