Stieven Capital Advisors, L.P.
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 14, 2024), Stieven Capital Advisors, L.P. reported 46 stock positions worth $481.0 million. Its top holding was Western Alliance Bancorp (WAL) at 6.8% of the portfolio, followed by Webster Financial (WBS, 5.8%) and East West Bancorp (EWBC, 5.5%). Compared with Q4 2023, it opened 6 new positions, sold out of 4, added to 23 and reduced 16. The biggest buy was Heartland Financial USA (HTLF, shares +506%) and the biggest sale an exit from Columbia Banking System (COLB).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0001388279
- Portfolio Value
- $481.0M (Q1 2024)
- SEC Filing
- 0000902664-24-003543 ↗ filed May 14, 2024
Holdings Value
Holdings 46 stocks · $481.0M
| WAL Western Alliance Bancorp | 6.81% | 510,433 | $32.8M | Add +0.1% |
| WBS Webster Financial Corp. | 5.84% | 553,388 | $28.1M | Add +2.6% |
| EWBC East West Bancorp Inc. | 5.47% | 332,814 | $26.3M | Reduce -5.1% |
| FCNCA First Citizens Bcshs Class A | 4.71% | 13,850 | $22.6M | No change |
| WTFC Wintrust Financial Corp. | 4.69% | 216,060 | $22.6M | Reduce -15.5% |
| SNV Synovus Financial Corp. | 3.99% | 478,942 | $19.2M | Add +0.1% |
| AX Axos Financial Inc. | 3.64% | 324,033 | $17.5M | Add +14.7% |
| HWC Hancock Whitney Corp. | 3.42% | 357,386 | $16.5M | Add +60.6% |
| BANC Banc of California Inc. | 3.32% | 1,049,888 | $16.0M | Reduce -7.2% |
| FNB FNB Corp. | 3.16% | 1,078,791 | $15.2M | Add +0.1% |
| PFBC Preferred Bank/Los Angeles | 3.03% | 190,035 | $14.6M | Reduce -21.0% |
| TRMK Trustmark Corp. | 2.94% | 503,000 | $14.1M | Add +57.2% |
| HTLF Heartland Financial USA Inc. | 2.88% | 394,095 | $13.9M | Add +506.3% |
| BPOP Popular Inc. | 2.62% | 142,843 | $12.6M | Add +10.6% |
| RF Regions Financial Corp. | 2.34% | 535,282 | $11.3M | Reduce -0.0% |
| AGNC AGNC Investment Corp. | 2.27% | 1,101,400 | $10.9M | Add +0.1% |
| CADE Cadence Bank | 2.23% | 369,222 | $10.7M | Reduce -4.3% |
| TFC Truist Financial Corp. | 2.06% | 254,000 | $9.9M | New |
| BANR Banner Corporation | 1.97% | 197,556 | $9.5M | Add +35.5% |
| OSBC Old Second Bancorp Inc. | 1.84% | 640,984 | $8.9M | Add +0.1% |
| OFG Ofg Bancorp | 1.83% | 239,361 | $8.8M | Reduce -19.4% |
| STEL Stellar Bancorp Inc. | 1.82% | 359,404 | $8.8M | Add +0.1% |
| FBP First Bancorp Puerto Rico | 1.80% | 494,310 | $8.7M | Reduce -24.4% |
| VBTX Veritex Holdings Inc. | 1.68% | 395,465 | $8.1M | Add +48.1% |
| USB US Bancorp | 1.63% | 175,000 | $7.8M | Add +373.0% |
| CATY Cathay General Bancorp | 1.61% | 204,563 | $7.7M | Reduce -13.2% |
| INBK First Internet Bancorp | 1.55% | 214,220 | $7.4M | Reduce -24.4% |
| VLY Valley National Bancorp | 1.38% | 831,466 | $6.6M | New |
| NLY Annaly Capital Management Inc. | 1.35% | 330,400 | $6.5M | Add +0.1% |
| CFG Citizens Financial Group | 1.34% | 177,080 | $6.4M | Add +61.9% |
| HTBK Heritage Commerce Corp. | 1.33% | 747,636 | $6.4M | Reduce -10.2% |
| HAFC Hanmi Financial Corporation | 1.32% | 397,355 | $6.3M | Reduce -2.3% |
| BFST Business First Bancshares | 1.27% | 273,524 | $6.1M | Reduce -3.9% |
| PNFP Pinnacle Financial Partners | 1.25% | 69,900 | $6.0M | New |
| FBMS First Bancshares Inc. | 1.09% | 201,525 | $5.2M | Add +0.1% |
| NBBK NB Bancorp Inc. | 1.05% | 368,731 | $5.0M | New |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.98% | 244,152 | $4.7M | New |
| CCNE CNB Financial Corp. | 0.94% | 222,678 | $4.5M | Add +0.1% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.85% | 108,337 | $4.1M | Add +0.1% |
| WABC Westamerica Bancorporation | 0.78% | 76,805 | $3.8M | Add +43.8% |
| MBWM Mercantile Bank Corp. | 0.77% | 96,196 | $3.7M | Reduce -49.1% |
| BWB Bridgewater Bancshares Inc. | 0.71% | 294,537 | $3.4M | Add +94.8% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.68% | 22,465 | $3.3M | Reduce -56.3% |
| OPBK Op Bancorp | 0.67% | 321,272 | $3.2M | Reduce -18.8% |
| FSBC Five Star Bancorp | 0.65% | 140,000 | $3.1M | New |
| CCB Coastal Financial Corp. | 0.45% | 55,413 | $2.2M | Add +0.2% |
Portfolio Sells Q4 2023 → Q1 2024
| COLB Columbia Banking System Inc. | Sold out | 0.00% | −6.09 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −1.75 |
| MBWM Mercantile Bank Corp. | Reduce -49.1% | 0.77% | −0.87 |
| MTB M & T Bank Corp. | Reduce -56.3% | 0.68% | −0.83 |
| PFBC Preferred Bank/Los Angeles | Reduce -21.0% | 3.03% | −0.74 |
| CATY Cathay General Bancorp | Reduce -13.2% | 1.61% | −0.65 |
| CALB California Bancorp Inc. | Sold out | 0.00% | −0.61 |
| OFG Ofg Bancorp | Reduce -19.4% | 1.83% | −0.56 |
| FBP First Bancorp Puerto Rico | Reduce -24.4% | 1.80% | −0.51 |
| HTBK Heritage Commerce Corp. | Reduce -10.2% | 1.33% | −0.44 |
| WTFC Wintrust Financial Corp. | Reduce -15.5% | 4.69% | −0.40 |
| HAFC Hanmi Financial Corporation | Reduce -2.3% | 1.32% | −0.38 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −0.32 |
| OPBK Op Bancorp | Reduce -18.8% | 0.67% | −0.26 |
| BFST Business First Bancshares | Reduce -3.9% | 1.27% | −0.24 |
| CADE Cadence Bank | Reduce -4.3% | 2.23% | −0.23 |
| EWBC East West Bancorp Inc. | Reduce -5.1% | 5.47% | +0.05 |
| BANC Banc of California Inc. | Reduce -7.2% | 3.32% | +0.06 |
| INBK First Internet Bancorp | Reduce -24.4% | 1.55% | +0.07 |
| RF Regions Financial Corp. | Reduce -0.0% | 2.34% | +0.11 |
Portfolio Buys Q4 2023 → Q1 2024
| HTLF Heartland Financial USA Inc. | Add +506.3% | 2.88% | +2.35 |
| TFC Truist Financial Corp. | New | 2.06% | +2.06 |
| VLY Valley National Bancorp | New | 1.38% | +1.38 |
| USB US Bancorp | Add +373.0% | 1.63% | +1.28 |
| PNFP Pinnacle Financial Partners | New | 1.25% | +1.25 |
| HWC Hancock Whitney Corp. | Add +60.6% | 3.42% | +1.10 |
| NBBK NB Bancorp Inc. | New | 1.05% | +1.05 |
| TRMK Trustmark Corp. | Add +57.2% | 2.94% | +1.02 |
| DCOM Dime Commercial Bancshares I | New | 0.98% | +0.98 |
| FSBC Five Star Bancorp | New | 0.65% | +0.65 |
| CFG Citizens Financial Group | Add +61.9% | 1.34% | +0.56 |
| VBTX Veritex Holdings Inc. | Add +48.1% | 1.68% | +0.35 |
| BPOP Popular Inc. | Add +10.6% | 2.62% | +0.34 |
| AX Axos Financial Inc. | Add +14.7% | 3.64% | +0.33 |
| BANR Banner Corporation | Add +35.5% | 1.97% | +0.30 |
| BWB Bridgewater Bancshares Inc. | Add +94.8% | 0.71% | +0.27 |
| WABC Westamerica Bancorporation | Add +43.8% | 0.78% | +0.13 |
| SNV Synovus Financial Corp. | Add +0.1% | 3.99% | +0.12 |
| BAC Bank of America Corp. | Add +0.1% | 0.85% | +0.07 |
| NLY Annaly Capital Management Inc. | Add +0.1% | 1.35% | −0.02 |
| FNB FNB Corp. | Add +0.1% | 3.16% | −0.02 |
| WBS Webster Financial Corp. | Add +2.6% | 5.84% | −0.04 |
| AGNC AGNC Investment Corp. | Add +0.1% | 2.27% | −0.05 |
| CCB Coastal Financial Corp. | Add +0.2% | 0.45% | −0.08 |
| CCNE CNB Financial Corp. | Add +0.1% | 0.94% | −0.13 |
| FBMS First Bancshares Inc. | Add +0.1% | 1.09% | −0.18 |
| OSBC Old Second Bancorp Inc. | Add +0.1% | 1.84% | −0.28 |
| STEL Stellar Bancorp Inc. | Add +0.1% | 1.82% | −0.33 |
| WAL Western Alliance Bancorp | Add +0.1% | 6.81% | −0.39 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 36 | $523.9M | COLB, WAL, AUB, UMBF, AX |
| Q1 2026 | 35 | $468.1M | COLB, WAL, AUB, UMBF, SSB |
| Q4 2025 | 38 | $539.4M | WBS, WAL, COLB, UMBF, AUB |
| Q3 2025 | 40 | $530.5M | WAL, WBS, COLB, UMBF, SSB |
| Q2 2025 | 41 | $512.4M | WBS, WAL, UMBF, COLB, AX |
| Q1 2025 | 45 | $516.4M | WAL, WBS, COLB, UMBF, EWBC |
| Q4 2024 | 49 | $561.8M | WAL, WBS, COLB, HWC, HTLF |
| Q3 2024 | 49 | $528.8M | WAL, WBS, COLB, HWC, EWBC |
| Q2 2024 | 45 | $451.5M | WAL, EWBC, WBS, WTFC, FCNCA |
| Q1 2024 | 46 | $481.0M | WAL, WBS, EWBC, FCNCA, WTFC |