Salzhauer Michael
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Salzhauer Michael reported 72 stock positions worth $123.9 million. Its top holding was Bank of America (BAC) at 19.7% of the portfolio, followed by Synovus Financial (SNV, 7.1%) and Primis Financial (FRST, 6.4%). Compared with Q1 2024, it opened 2 new positions, sold out of 8, added to 21 and reduced 8. The biggest buy was a new position in FB Financial (FBK) and the biggest sale Dime Commercial Bancshares I (DCOM, shares −51%).
- Most Recent 13F
- Q2 2026
- Location
- NEW YORK, NY
- CIK
- 0001059543
- Portfolio Value
- $123.9M (Q2 2024)
- SEC Filing
- 0001085146-24-003688 ↗ filed Aug 9, 2024
Holdings Value
Holdings 72 stocks · $123.9M
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 19.68% | 613,198 | $24.4M | Reduce -0.5% |
| SNV Synovus Financial Corp. | 7.10% | 218,893 | $8.8M | Add +0.8% |
| FRST Primis Financial Corp. | 6.38% | 754,332 | $7.9M | Add +0.2% |
| WFC Wells Fargo & Co. | 5.90% | 123,033 | $7.3M | Reduce -4.5% |
| SBCF Seacoast Banking Corp. | 5.00% | 262,208 | $6.2M | Reduce -1.5% |
| SMBK Smartfinancial Inc. | 4.66% | 243,789 | $5.8M | Add +0.1% |
| PNFP Pinnacle Financial Partners | 3.86% | 59,729 | $4.8M | Reduce -10.5% |
| BANC Banc of California Inc. | 3.20% | 310,099 | $4.0M | Add +18.2% |
| PGC Peapack Gladstone Finl Corp. | 2.78% | 152,339 | $3.5M | Add +5.1% |
| TFC Truist Financial Corp. | 2.26% | 72,172 | $2.8M | Add +136.6% |
| FBK FB Financial Corp. filed as FB FINL CORP | 2.10% | 66,520 | $2.6M | New |
| SSB Southstate Bank Corp. | 2.03% | 32,912 | $2.5M | Reduce -1.7% |
| WAL Western Alliance Bancorp | 1.99% | 39,162 | $2.5M | Add +94.8% |
| PNC PNC Financial Services Group | 1.82% | 14,490 | $2.3M | No change |
| C Citigroup Inc. | 1.43% | 27,892 | $1.8M | Add +119.9% |
| WBS Webster Financial Corp. | 1.38% | 39,174 | $1.7M | Add +1.0% |
| BPOP Popular Inc. | 1.33% | 18,594 | $1.6M | Add +0.5% |
| MCB Metropolitan Bank Holding Co. | 1.29% | 38,100 | $1.6M | Add +2.3% |
| JPM JPMorgan Chase & Co. | 1.16% | 7,120 | $1.4M | Reduce -2.1% |
| RF Regions Financial Corp. | 1.16% | 71,833 | $1.4M | No change |
| VABK Virginia National Bankshares | 1.09% | 41,165 | $1.4M | No change |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 1.05% | 63,834 | $1.3M | Reduce -50.9% |
| CNOB Connectone Bancorp Inc. | 1.00% | 65,656 | $1.2M | No change |
| CMA Comerica Inc. | 0.91% | 22,058 | $1.1M | Add +24.2% |
| WSFS WSFS Financial Corp. | 0.81% | 21,309 | $1.0M | No change |
| HWC Hancock Whitney Corp. | 0.80% | 20,837 | $997K | Add +31.9% |
| PFC Premier Financial Corp. | 0.70% | 42,373 | $867K | No change |
| PFS Provident Financial Services | 0.69% | 59,843 | $859K | Add +72.5% |
| TOWN Towne Bank | 0.67% | 30,533 | $833K | No change |
| SHBI Shore Bancshares Inc. | 0.67% | 72,057 | $825K | No change |
| TCBX Third Coast Bancshares Inc. | 0.65% | 37,675 | $801K | No change |
| HAFC Hanmi Financial Corporation | 0.64% | 47,500 | $794K | No change |
| KEY Keycorp | 0.63% | 55,348 | $786K | No change |
| CBFV CB Financial Services Inc. filed as CB FINL SVCS INC | 0.63% | 34,203 | $775K | No change |
| HTB Hometrust Bancshares Inc. | 0.61% | 25,374 | $762K | Add +9.8% |
| AUB Atlantic Union Bankshares Co. | 0.60% | 22,713 | $746K | Add +37.7% |
| AAPL Apple Inc. | 0.58% | 3,418 | $720K | No change |
| CVLY Codorus Valley Bancorp Inc. | 0.57% | 29,602 | $712K | No change |
| MNSB Mainstreet Bancshares Inc. | 0.54% | 37,782 | $670K | No change |
| ABCB Ameris Bancorp | 0.52% | 12,821 | $646K | No change |
| BAFN Bayfirst Financial Corp. | 0.52% | 55,077 | $640K | No change |
| CFG Citizens Financial Group | 0.46% | 15,801 | $569K | No change |
| AMTB Amerant Bancorp Inc. | 0.46% | 24,988 | $567K | No change |
| SSBI Summit State Bank | 0.45% | 58,452 | $552K | Add +26.5% |
| XOM Exxon Mobil Corp. | 0.42% | 4,500 | $518K | No change |
| FHN First Horizon Corp. | 0.41% | 32,194 | $508K | Add +89.4% |
| DVN Devon Energy Corp. | 0.41% | 10,700 | $507K | No change |
| SPFI South Plains Financial Inc. | 0.41% | 18,708 | $505K | Add +87.1% |
| TCBI Texas Capital Bancshares Inc. | 0.40% | 8,110 | $496K | No change |
| MET Metlife Inc. | 0.39% | 6,886 | $483K | No change |
| CFBK CF Bankshares Inc. | 0.39% | 25,575 | $480K | No change |
| VBTX Veritex Holdings Inc. | 0.38% | 22,148 | $467K | No change |
| UCB United Community Banks | 0.35% | 17,032 | $434K | No change |
| AR Antero Resources Corp. | 0.34% | 13,000 | $424K | Reduce -37.0% |
| MS Morgan Stanley | 0.33% | 4,225 | $411K | No change |
| USCB Uscb Financial Holdings Inc. | 0.32% | 31,000 | $398K | Add +76.4% |
| QCRH QCR Holdings Inc. | 0.31% | 6,328 | $380K | Add +1.1% |
| COLB Columbia Banking System Inc. | 0.25% | 15,286 | $304K | No change |
| CIVB Civista Bancshares Inc. | 0.24% | 19,420 | $301K | No change |
| HIG Hartford Insurance Group Inc. | 0.18% | 2,246 | $226K | No change |
| ZION Zions Bancorp NA | 0.18% | 5,200 | $226K | No change |
| HBAN Huntington Bancshares Inc. | 0.17% | 16,337 | $215K | No change |
| BOTJ Bank of the James Financial | 0.17% | 18,990 | $214K | No change |
| CB Chubb Ltd. | 0.17% | 824 | $210K | No change |
| V Visa Inc. Class A | 0.17% | 800 | $210K | No change |
| ALL Allstate Corp. | 0.17% | 1,287 | $205K | No change |
| BDX Becton Dickinson and Co. | 0.16% | 862 | $201K | No change |
| UBFO United Security Bancshare | 0.16% | 27,071 | $196K | No change |
| OPBK Op Bancorp | 0.14% | 18,210 | $175K | No change |
| ONB Old National Bancorp | 0.14% | 10,000 | $172K | No change |
| QS Quantumscape Corp. | 0.09% | 21,700 | $107K | No change |
| CCL Carnival Corp. | 0.00% | 302 | $6K | New |
Options reported separately and not counted above: C calls ($2.3M), WFC calls ($497K), CMA calls ($403K), WAL calls ($400K), FHN calls ($322K), BAC calls ($273K), FITB calls ($174K), AR calls ($154K), CCL calls ($71K), ZION calls ($68K), VLY calls ($36K), F calls ($29K), and 4 more.
Other holdings (1): bonds, preferreds, convertibles and warrants · $2K (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| PAYOW Payoneer Global Inc.-CW27 | *W EXP 99/99/999 | 10,000 | $2K | No change |
Total filed on the 13F, all lines: $123.9M.
Portfolio Sells Q1 2024 → Q2 2024
| DCOM Dime Commercial Bancshares I | Reduce -50.9% | 1.05% | −1.93 |
| FITB Fifth Third Bancorp | Sold out | 0.00% | −1.49 |
| PNFP Pinnacle Financial Partners | Reduce -10.5% | 3.86% | −0.74 |
| COF Capital One Financial Corp. | Sold out | 0.00% | −0.72 |
| SBCF Seacoast Banking Corp. | Reduce -1.5% | 5.00% | −0.42 |
| CRBG Corebridge Financial Inc. | Sold out | 0.00% | −0.38 |
| LBAI Lakeland Bancorp Inc. | Sold out | 0.00% | −0.29 |
| SSB Southstate Bank Corp. | Reduce -1.7% | 2.03% | −0.26 |
| PPLI People Inc. | Sold out | 0.00% | −0.18 |
| AMNB Amer Natl Bnkshs/Danville Va | Sold out | 0.00% | −0.18 |
| AFBI Affinity Bancshares Inc. | Sold out | 0.00% | −0.17 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.16 |
| AR Antero Resources Corp. | Reduce -37.0% | 0.34% | −0.14 |
| WFC Wells Fargo & Co. | Reduce -4.5% | 5.90% | −0.09 |
| JPM JPMorgan Chase & Co. | Reduce -2.1% | 1.16% | −0.01 |
| BAC Bank of America Corp. | Reduce -0.5% | 19.68% | +0.93 |
Portfolio Buys Q1 2024 → Q2 2024
| FBK FB Financial Corp. | New | 2.10% | +2.10 |
| TFC Truist Financial Corp. | Add +136.6% | 2.26% | +1.31 |
| WAL Western Alliance Bancorp | Add +94.8% | 1.99% | +0.95 |
| C Citigroup Inc. | Add +119.9% | 1.43% | +0.78 |
| SMBK Smartfinancial Inc. | Add +0.1% | 4.66% | +0.54 |
| PFS Provident Financial Services | Add +72.5% | 0.69% | +0.29 |
| HWC Hancock Whitney Corp. | Add +31.9% | 0.80% | +0.22 |
| FHN First Horizon Corp. | Add +89.4% | 0.41% | +0.20 |
| SPFI South Plains Financial Inc. | Add +87.1% | 0.41% | +0.19 |
| USCB Uscb Financial Holdings Inc. | Add +76.4% | 0.32% | +0.16 |
| MCB Metropolitan Bank Holding Co. | Add +2.3% | 1.29% | +0.14 |
| AUB Atlantic Union Bankshares Co. | Add +37.7% | 0.60% | +0.13 |
| CMA Comerica Inc. | Add +24.2% | 0.91% | +0.12 |
| SNV Synovus Financial Corp. | Add +0.8% | 7.10% | +0.12 |
| HTB Hometrust Bancshares Inc. | Add +9.8% | 0.61% | +0.11 |
| SSBI Summit State Bank | Add +26.5% | 0.45% | +0.04 |
| BPOP Popular Inc. | Add +0.5% | 1.33% | +0.02 |
| CCL Carnival Corp. | New | 0.00% | +0.00 |
| QCRH QCR Holdings Inc. | Add +1.1% | 0.31% | +0.00 |
| BANC Banc of California Inc. | Add +18.2% | 3.20% | −0.00 |
| PGC Peapack Gladstone Finl Corp. | Add +5.1% | 2.78% | −0.04 |
| WBS Webster Financial Corp. | Add +1.0% | 1.38% | −0.20 |
| FRST Primis Financial Corp. | Add +0.2% | 6.38% | −0.97 |
Options Activity Q1 2024 → Q2 2024
| CMA Comerica Inc. | call | Add +84.0% | 150,000 | $403K |
| WAL Western Alliance Bancorp | call | Add +100.0% | 50,000 | $400K |
| FHN First Horizon Corp. | call | Add +34.5% | 195,000 | $322K |
| BAC Bank of America Corp. | call | Reduce -71.9% | 50,400 | $273K |
| FITB Fifth Third Bancorp | call | New | 49,800 | $174K |
| CCL Carnival Corp. | call | New | 10,300 | $71K |
| VLY Valley National Bancorp | call | Add +33.3% | 80,000 | $36K |
| HAFC Hanmi Financial Corporation | call | Reduce -50.0% | 30,000 | $0 |
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 | 79 | $271.9M | BAC, C, PNFP, PGC, COF |
| Q1 2026 | 75 | $212.2M | BAC, C, FRST, PGC, SMBK |
| Q4 2025 | 78 | $225.5M | BAC, FRST, C, BANC, SMBK |
| Q3 2025 | 82 | $195.1M | BAC, C, FRST, WAL, TCBX |
| Q2 2025 | 74 | $158.6M | BAC, WFC, FRST, SNV, SMBK |
| Q1 2025 | 77 | $156.6M | BAC, WFC, SNV, SMBK, FRST |
| Q4 2024Amended | 80 | $195.4M | BAC, SNV, FRST, C, WFC |
| Q3 2024 | 78 | $157.3M | BAC, SNV, FRST, SMBK, WFC |
| Q2 2024 | 72 | $123.9M | BAC, SNV, FRST, WFC, SBCF |
| Q1 2024 | 78 | $124.6M | BAC, FRST, SNV, WFC, SBCF |