Maltese Capital Management LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Maltese Capital Management LLC reported 89 stock positions worth $534.4 million. Its top holding was Citigroup (C) at 5.1% of the portfolio, followed by Wells Fargo (WFC, 4.7%) and First Citizens Bcshs Class A (FCNCA, 4.6%). Compared with Q1 2024, it opened 13 new positions, sold out of 10, added to 37 and reduced 39. The biggest buy was Wells Fargo (WFC, shares +52%) and the biggest sale Banc of California (BANC, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001040762
- Portfolio Value
- $534.4M (Q2 2024)
- SEC Filing
- 0000919574-24-004639 ↗ filed Aug 14, 2024
Holdings Value
Holdings 89 stocks · $534.4M
| C Citigroup Inc. | 5.13% | 431,700 | $27.4M | Reduce -3.0% |
| WFC Wells Fargo & Co. | 4.72% | 424,651 | $25.2M | Add +51.7% |
| FCNCA First Citizens Bcshs Class A | 4.60% | 14,600 | $24.6M | Add +12.1% |
| WTFC Wintrust Financial Corp. | 4.01% | 217,500 | $21.4M | Add +11.5% |
| EWBC East West Bancorp Inc. | 3.23% | 235,726 | $17.3M | Add +2.2% |
| WAL Western Alliance Bancorp | 3.16% | 268,400 | $16.9M | Reduce -11.4% |
| WABC Westamerica Bancorporation | 3.13% | 344,727 | $16.7M | Reduce -1.7% |
| ZION Zions Bancorp NA | 3.02% | 372,460 | $16.2M | Reduce -10.3% |
| BANC Banc of California Inc. | 2.99% | 1,248,657 | $16.0M | Reduce -10.8% |
| USB US Bancorp | 2.94% | 396,000 | $15.7M | Add +39.0% |
| WBS Webster Financial Corp. | 2.80% | 342,700 | $14.9M | Reduce -0.7% |
| NBHC National Bank Hold Class A | 2.72% | 372,213 | $14.5M | Reduce -0.9% |
| FHN First Horizon Corp. | 2.39% | 811,081 | $12.8M | Add +6.7% |
| JPM JPMorgan Chase & Co. | 2.30% | 60,800 | $12.3M | Add +43.1% |
| AMTB Amerant Bancorp Inc. | 2.22% | 523,100 | $11.9M | Add +18.2% |
| MCHB Mechanics Bancorp Class A filed as HOMESTREET INC | 2.16% | 1,010,500 | $11.5M | Reduce -5.7% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 1.97% | 69,450 | $10.5M | Add +4.0% |
| ABCB Ameris Bancorp | 1.94% | 206,000 | $10.4M | Add +0.5% |
| PFBC Preferred Bank/Los Angeles | 1.76% | 124,619 | $9.4M | Add +0.3% |
| QCRH QCR Holdings Inc. | 1.67% | 148,510 | $8.9M | Add +33.5% |
| HBNC Horizon Bancorp Inc. | 1.66% | 716,621 | $8.9M | Add +18.0% |
| FSBC Five Star Bancorp | 1.62% | 365,108 | $8.6M | Reduce -3.9% |
| HBAN Huntington Bancshares Inc. | 1.60% | 650,378 | $8.6M | Reduce -10.3% |
| FBMS First Bancshares Inc. | 1.59% | 327,731 | $8.5M | Add +17.1% |
| TFC Truist Financial Corp. | 1.56% | 215,000 | $8.4M | Add +32.3% |
| LEN.B Lennar Corp. Class B | 1.52% | 58,198 | $8.1M | Reduce -13.1% |
| FRST Primis Financial Corp. | 1.50% | 763,538 | $8.0M | Add +3.3% |
| ESSA Essa Bancorp Inc. | 1.47% | 447,132 | $7.9M | Add +11.3% |
| EFSC Enterprise Financial Service | 1.34% | 175,610 | $7.2M | Reduce -7.6% |
| UMBF Umb Financial Corp. | 1.13% | 72,578 | $6.1M | New |
| CRBG Corebridge Financial Inc. | 1.10% | 202,000 | $5.9M | New |
| BKU Bankunited Inc. | 1.07% | 195,400 | $5.7M | Reduce -4.7% |
| EQBK Equity Bancshares Inc. Class A | 1.04% | 157,794 | $5.6M | Add +82.8% |
| ESQ Esquire Financial Holdings I | 0.99% | 110,660 | $5.3M | Add +5.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.89% | 120,000 | $4.8M | Reduce -16.4% |
| USCB Uscb Financial Holdings Inc. | 0.80% | 334,600 | $4.3M | Reduce -10.8% |
| BLK BlackRock Finance Inc. | 0.79% | 5,370 | $4.2M | New |
| SF Stifel Financial Corp. | 0.79% | 50,000 | $4.2M | Add +42.9% |
| ISTR Investar Holding Corp. | 0.76% | 264,600 | $4.1M | Reduce -1.4% |
| IBOC International Bancshares CRP | 0.75% | 70,300 | $4.0M | Reduce -8.7% |
| KEY Keycorp | 0.75% | 282,700 | $4.0M | Reduce -15.6% |
| IBCP Independent Bank Corp. - Mich | 0.69% | 136,900 | $3.7M | New |
| CBNK Capital Bancorp Inc. | 0.66% | 172,900 | $3.5M | Add +2.3% |
| SSB Southstate Bank Corp. | 0.63% | 43,950 | $3.4M | Add +25.2% |
| TRMK Trustmark Corp. | 0.62% | 110,600 | $3.3M | Add +72.0% |
| JHG Janus Henderson Group PLC | 0.60% | 95,000 | $3.2M | New |
| FITB Fifth Third Bancorp | 0.55% | 80,000 | $2.9M | New |
| CCBG Capital City Bank Group Inc. | 0.54% | 101,751 | $2.9M | Add +12.3% |
| HFWA Heritage Financial Corp. | 0.54% | 160,000 | $2.9M | New |
| IROQ If Bancorp Inc. | 0.54% | 177,804 | $2.9M | Reduce -6.2% |
| VLY Valley National Bancorp | 0.53% | 409,100 | $2.9M | Reduce -38.7% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.51% | 23,800 | $2.7M | New |
| CFG Citizens Financial Group | 0.51% | 75,000 | $2.7M | Add +11.1% |
| HBCP Home Bancorp Inc. | 0.50% | 66,500 | $2.7M | Reduce -5.5% |
| SRCE 1ST Source Corp. | 0.48% | 48,177 | $2.6M | Add +112.2% |
| WRIV White River Bancshares Co. | 0.45% | 45,203 | $2.4M | Reduce -2.8% |
| FCCO First Community Corp. | 0.44% | 135,833 | $2.3M | Add +13.6% |
| STBA S & T Bancorp Inc. | 0.41% | 65,000 | $2.2M | Reduce -44.3% |
| PNC PNC Financial Services Group | 0.40% | 13,900 | $2.2M | Reduce -27.6% |
| OPBK Op Bancorp | 0.40% | 220,810 | $2.1M | Add +0.7% |
| MGYR Magyar Bancorp Inc. | 0.39% | 185,991 | $2.1M | Add +42.9% |
| HOMB Home Bancshares Inc. | 0.38% | 85,305 | $2.0M | Reduce -12.5% |
| PVBC Provident Bancorp Inc. | 0.38% | 200,000 | $2.0M | Add +92.6% |
| EQFN Equitable Financial Corp. | 0.37% | 166,600 | $2.0M | Reduce -11.2% |
| KKR KKR & Co. Inc. | 0.35% | 17,600 | $1.9M | Reduce -40.5% |
| BCOW 1895 Bancorp of Wisconsin Inc. | 0.34% | 220,709 | $1.8M | Add +4.0% |
| HOPE Hope Bancorp Inc. | 0.34% | 166,700 | $1.8M | Add +316.8% |
| AMP Ameriprise Financial Inc. | 0.33% | 4,150 | $1.8M | New |
| PCB PCB Bancorp | 0.31% | 102,100 | $1.7M | Add +2.9% |
| OCFC Oceanfirst Financial Corp. | 0.29% | 98,200 | $1.6M | Reduce -21.7% |
| BWB Bridgewater Bancshares Inc. | 0.28% | 130,292 | $1.5M | Add +15.8% |
| FFBC First Financial Bancorp | 0.27% | 65,000 | $1.4M | Add +116.7% |
| CIVB Civista Bancshares Inc. | 0.24% | 83,419 | $1.3M | Reduce -13.7% |
| MBIN Merchants Bancorp | 0.23% | 30,108 | $1.2M | Reduce -49.8% |
| VCTR Victory Capital Holding - A | 0.20% | 22,500 | $1.1M | New |
| NBTB N B T Bancorp Inc. | 0.20% | 27,150 | $1.0M | Reduce -32.1% |
| PBBK PB Bankshares Inc. | 0.15% | 60,000 | $824K | Reduce -27.6% |
| WLFC Willis Lease Finance Corp. | 0.15% | 11,683 | $810K | Reduce -10.7% |
| SBCF Seacoast Banking Corp. | 0.15% | 33,800 | $799K | Reduce -12.4% |
| AAMI Acadian Asset Management Inc. filed as BRIGHTSPHERE INVT GROUP INC | 0.14% | 34,156 | $757K | Reduce -57.3% |
| PEBK Peoples Bancorp of NC | 0.13% | 23,245 | $679K | Add +38.5% |
| CCNE CNB Financial Corp. | 0.13% | 33,000 | $674K | Reduce -48.4% |
| BEN Franklin Templeton Inc. | 0.13% | 30,000 | $671K | Add +50.0% |
| FMBH First Mid Bancshares Inc. | 0.12% | 20,037 | $659K | New |
| TCBC TC Bancshares Inc. | 0.12% | 47,716 | $644K | Reduce -4.2% |
| ECBK Ecb Bancorp Inc. | 0.11% | 48,967 | $611K | Reduce -27.9% |
| SLG SL Green Realty Corp. | 0.09% | 8,900 | $504K | New |
| CARE Carter Bankshares Inc. | 0.04% | 15,200 | $230K | New |
| SBT Sterling Bancorp Inc. | 0.04% | 37,000 | $194K | Reduce -17.8% |
Other holdings (3): bonds, preferreds, convertibles and warrants · $6.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | 124,637 | $2.9M | Reduce -9.7% |
| MERCHANTS BANCORP (MBIN V8.25 PERP) | Preferred | 101,182 | $2.5M | Reduce -3.1% |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | 46,298 | $1.5M | Add +151.6% |
Total filed on the 13F, all lines: $541.3M.
Portfolio Sells Q1 2024 → Q2 2024
| BANC Banc of California Inc. | Reduce -10.8% | 2.99% | −1.16 |
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −1.04 |
| MCHB Mechanics Bancorp Class A | Reduce -5.7% | 2.16% | −0.99 |
| WAL Western Alliance Bancorp | Reduce -11.4% | 3.16% | −0.64 |
| WBS Webster Financial Corp. | Reduce -0.7% | 2.80% | −0.62 |
| MCBC Macatawa Bank Corp. | Sold out | 0.00% | −0.58 |
| FHI Federated Hermes Inc. | Sold out | 0.00% | −0.51 |
| VLY Valley National Bancorp | Reduce -38.7% | 0.53% | −0.50 |
| RJF Raymond James Financial Inc. | Sold out | 0.00% | −0.50 |
| LEN.B Lennar Corp. Class B | Reduce -13.1% | 1.52% | −0.50 |
| ZION Zions Bancorp NA | Reduce -10.3% | 3.02% | −0.49 |
| ARES Ares Management Corp. Class A | Sold out | 0.00% | −0.42 |
| APO Apollo Global Management Inc. | Sold out | 0.00% | −0.38 |
| HBAN Huntington Bancshares Inc. | Reduce -10.3% | 1.60% | −0.37 |
| C Citigroup Inc. | Reduce -3.0% | 5.13% | −0.36 |
| STBA S & T Bancorp Inc. | Reduce -44.3% | 0.41% | −0.32 |
| ENV Envestnet Inc. | Sold out | 0.00% | −0.30 |
| KEY Keycorp | Reduce -15.6% | 0.75% | −0.28 |
| MBIN Merchants Bancorp | Reduce -49.8% | 0.23% | −0.28 |
| KKR KKR & Co. Inc. | Reduce -40.5% | 0.35% | −0.23 |
| AAMI Acadian Asset Management Inc. | Reduce -57.3% | 0.14% | −0.21 |
| WABC Westamerica Bancorporation | Reduce -1.7% | 3.13% | −0.21 |
| PNC PNC Financial Services Group | Reduce -27.6% | 0.40% | −0.20 |
| BAC Bank of America Corp. | Reduce -16.4% | 0.89% | −0.17 |
| EFSC Enterprise Financial Service | Reduce -7.6% | 1.34% | −0.16 |
| AMK Assetmark Financial Holdings | Sold out | 0.00% | −0.14 |
| CCNE CNB Financial Corp. | Reduce -48.4% | 0.13% | −0.13 |
| OCFC Oceanfirst Financial Corp. | Reduce -21.7% | 0.29% | −0.11 |
| EQFN Equitable Financial Corp. | Reduce -11.2% | 0.37% | −0.10 |
| ISTR Investar Holding Corp. | Reduce -1.4% | 0.76% | −0.09 |
| IBOC International Bancshares CRP | Reduce -8.7% | 0.75% | −0.09 |
| NBTB N B T Bancorp Inc. | Reduce -32.1% | 0.20% | −0.09 |
| HOMB Home Bancshares Inc. | Reduce -12.5% | 0.38% | −0.08 |
| IROQ If Bancorp Inc. | Reduce -6.2% | 0.54% | −0.08 |
| PDLB Ponce Financial Group Inc. | Sold out | 0.00% | −0.06 |
| WRIV White River Bancshares Co. | Reduce -2.8% | 0.45% | −0.06 |
| ECBK Ecb Bancorp Inc. | Reduce -27.9% | 0.11% | −0.06 |
| PBBK PB Bankshares Inc. | Reduce -27.6% | 0.15% | −0.05 |
| FSBC Five Star Bancorp | Reduce -3.9% | 1.62% | −0.05 |
| BKU Bankunited Inc. | Reduce -4.7% | 1.07% | −0.05 |
| CIVB Civista Bancshares Inc. | Reduce -13.7% | 0.24% | −0.05 |
| SBCF Seacoast Banking Corp. | Reduce -12.4% | 0.15% | −0.04 |
| USCB Uscb Financial Holdings Inc. | Reduce -10.8% | 0.80% | −0.03 |
| HBCP Home Bancorp Inc. | Reduce -5.5% | 0.50% | −0.03 |
| AFBI Affinity Bancshares Inc. | Sold out | 0.00% | −0.03 |
| TCBC TC Bancshares Inc. | Reduce -4.2% | 0.12% | −0.01 |
| SBT Sterling Bancorp Inc. | Reduce -17.8% | 0.04% | −0.01 |
| WLFC Willis Lease Finance Corp. | Reduce -10.7% | 0.15% | +0.02 |
| NBHC National Bank Hold Class A | Reduce -0.9% | 2.72% | +0.08 |
Portfolio Buys Q1 2024 → Q2 2024
| WFC Wells Fargo & Co. | Add +51.7% | 4.72% | +1.55 |
| UMBF Umb Financial Corp. | New | 1.13% | +1.13 |
| CRBG Corebridge Financial Inc. | New | 1.10% | +1.10 |
| BLK BlackRock Finance Inc. | New | 0.79% | +0.79 |
| IBCP Independent Bank Corp. - Mich | New | 0.69% | +0.69 |
| JPM JPMorgan Chase & Co. | Add +43.1% | 2.30% | +0.64 |
| JHG Janus Henderson Group PLC | New | 0.60% | +0.60 |
| FITB Fifth Third Bancorp | New | 0.55% | +0.55 |
| HFWA Heritage Financial Corp. | New | 0.54% | +0.54 |
| TROW T Rowe Price Group Inc. | New | 0.51% | +0.51 |
| EQBK Equity Bancshares Inc. Class A | Add +82.8% | 1.04% | +0.46 |
| USB US Bancorp | Add +39.0% | 2.94% | +0.46 |
| FCNCA First Citizens Bcshs Class A | Add +12.1% | 4.60% | +0.45 |
| QCRH QCR Holdings Inc. | Add +33.5% | 1.67% | +0.35 |
| AMP Ameriprise Financial Inc. | New | 0.33% | +0.33 |
| TFC Truist Financial Corp. | Add +32.3% | 1.56% | +0.33 |
| TRMK Trustmark Corp. | Add +72.0% | 0.62% | +0.27 |
| SF Stifel Financial Corp. | Add +42.9% | 0.79% | +0.25 |
| SRCE 1ST Source Corp. | Add +112.2% | 0.48% | +0.25 |
| HOPE Hope Bancorp Inc. | Add +316.8% | 0.34% | +0.25 |
| AMTB Amerant Bancorp Inc. | Add +18.2% | 2.22% | +0.21 |
| VCTR Victory Capital Holding - A | New | 0.20% | +0.20 |
| PVBC Provident Bancorp Inc. | Add +92.6% | 0.38% | +0.20 |
| FBMS First Bancshares Inc. | Add +17.1% | 1.59% | +0.18 |
| FFBC First Financial Bancorp | Add +116.7% | 0.27% | +0.14 |
| HBNC Horizon Bancorp Inc. | Add +18.0% | 1.66% | +0.14 |
| FMBH First Mid Bancshares Inc. | New | 0.12% | +0.12 |
| FHN First Horizon Corp. | Add +6.7% | 2.39% | +0.11 |
| MGYR Magyar Bancorp Inc. | Add +42.9% | 0.39% | +0.11 |
| SLG SL Green Realty Corp. | New | 0.09% | +0.09 |
| MTB M & T Bank Corp. | Add +4.0% | 1.97% | +0.07 |
| BCOW 1895 Bancorp of Wisconsin Inc. | Add +4.0% | 0.34% | +0.06 |
| CCBG Capital City Bank Group Inc. | Add +12.3% | 0.54% | +0.05 |
| SSB Southstate Bank Corp. | Add +25.2% | 0.63% | +0.05 |
| ESSA Essa Bancorp Inc. | Add +11.3% | 1.47% | +0.04 |
| CARE Carter Bankshares Inc. | New | 0.04% | +0.04 |
| WTFC Wintrust Financial Corp. | Add +11.5% | 4.01% | +0.04 |
| PEBK Peoples Bancorp of NC | Add +38.5% | 0.13% | +0.04 |
| FCCO First Community Corp. | Add +13.6% | 0.44% | +0.03 |
| CFG Citizens Financial Group | Add +11.1% | 0.51% | +0.03 |
| BWB Bridgewater Bancshares Inc. | Add +15.8% | 0.28% | +0.03 |
| BEN Franklin Templeton Inc. | Add +50.0% | 0.13% | +0.02 |
| ESQ Esquire Financial Holdings I | Add +5.4% | 0.99% | +0.01 |
| ABCB Ameris Bancorp | Add +0.5% | 1.94% | +0.01 |
| PCB PCB Bancorp | Add +2.9% | 0.31% | −0.00 |
| CBNK Capital Bancorp Inc. | Add +2.3% | 0.66% | −0.02 |
| OPBK Op Bancorp | Add +0.7% | 0.40% | −0.03 |
| PFBC Preferred Bank/Los Angeles | Add +0.3% | 1.76% | −0.10 |
| FRST Primis Financial Corp. | Add +3.3% | 1.50% | −0.26 |
| EWBC East West Bancorp Inc. | Add +2.2% | 3.23% | −0.33 |
Notes & Other Activity Q1 2024 → Q2 2024
| BANC OF CALIFORNIA INC (BANC V7.75 PERP F) | NON 13F SECURITY | Reduce -9.7% | 124,637 | $2.9M |
| MERCHANTS BANCORP (MBIN V8.25 PERP) | Preferred | Reduce -3.1% | 101,182 | $2.5M |
| FLAGSTAR BANK NA (FLG 6 11/01/51) | UNIT 05/07/2051 | Add +151.6% | 46,298 | $1.5M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 97 | $538.3M | SSB, USB, FSUN, FRST, NBHC |
| Q1 2026 | 101 | $498.3M | SSB, FFWM, CCNE, C, EQBK |
| Q4 2025 | 104 | $553.7M | SSB, C, FFWM, EQBK, WBS |
| Q3 2025 | 119 | $648.1M | C, AMTB, WAL, NBHC, WBS |
| Q2 2025 | 119 | $705.9M | C, MTB, QCRH, AMTB, WFC |
| Q1 2025 | 112 | $607.3M | C, AMTB, FCNCA, MTB, WFC |
| Q4 2024 | 109 | $647.1M | C, AMTB, WFC, USB, FCNCA |
| Q3 2024 | 98 | $611.2M | FCNCA, C, USB, AMTB, WTFC |
| Q2 2024 | 89 | $534.4M | C, WFC, FCNCA, WTFC, EWBC |
| Q1 2024 | 86 | $512.7M | C, FCNCA, BANC, WTFC, WAL |