Stieven Capital Advisors, L.P.
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 30, 2025), Stieven Capital Advisors, L.P. reported 49 stock positions worth $561.8 million. Its top holding was Western Alliance Bancorp (WAL) at 6.3% of the portfolio, followed by Webster Financial (WBS, 5.8%) and Columbia Banking System (COLB, 4.7%). Compared with Q3 2024, it opened 6 new positions, sold out of 6, added to 15 and reduced 28. The biggest buy was a new position in Firstsun Capital Bancorp (FSUN) and the biggest sale Popular (BPOP, shares −49%).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0001388279
- Portfolio Value
- $561.8M (Q4 2024)
- SEC Filing
- 0000902664-25-000552 ↗ filed Jan 30, 2025
Holdings Value
Holdings 49 stocks · $561.8M
| WAL Western Alliance Bancorp | 6.27% | 421,933 | $35.2M | Reduce -10.0% |
| WBS Webster Financial Corp. | 5.78% | 587,688 | $32.5M | Reduce -2.5% |
| COLB Columbia Banking System Inc. | 4.68% | 972,732 | $26.3M | Add +3.0% |
| HWC Hancock Whitney Corp. | 3.76% | 386,086 | $21.1M | Reduce -7.3% |
| HTLF Heartland Financial USA Inc. | 3.75% | 343,364 | $21.0M | Add +6.1% |
| WTFC Wintrust Financial Corp. | 3.48% | 156,860 | $19.6M | Reduce -5.5% |
| EWBC East West Bancorp Inc. | 3.45% | 202,224 | $19.4M | Reduce -21.3% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 3.39% | 620,155 | $19.1M | Add +86.3% |
| FSUN Firstsun Capital Bancorp | 3.34% | 468,000 | $18.7M | New |
| CFG Citizens Financial Group | 3.03% | 389,180 | $17.0M | Add +0.9% |
| AX Axos Financial Inc. | 2.93% | 235,659 | $16.5M | Reduce -17.4% |
| VBTX Veritex Holdings Inc. | 2.57% | 532,536 | $14.5M | Reduce -5.2% |
| FCNCA First Citizens Bcshs Class A | 2.50% | 6,637 | $14.0M | Reduce -30.0% |
| HAFC Hanmi Financial Corporation | 2.34% | 556,753 | $13.2M | Reduce -2.5% |
| RNST Renasant Corp. | 2.29% | 359,450 | $12.9M | Reduce -2.5% |
| CATY Cathay General Bancorp | 2.22% | 262,004 | $12.5M | Add +2.2% |
| EBC Eastern Bankshares Inc. | 2.22% | 722,549 | $12.5M | Reduce -11.7% |
| VLY Valley National Bancorp | 2.20% | 1,363,666 | $12.4M | Add +33.1% |
| SASR Sandy Spring Bancorp Inc. | 2.19% | 365,391 | $12.3M | Add +133.6% |
| SNV Synovus Financial Corp. | 2.18% | 239,042 | $12.2M | Reduce -47.4% |
| FNB FNB Corp. | 2.17% | 823,591 | $12.2M | Add +8.0% |
| CNOB Connectone Bancorp Inc. | 2.07% | 508,265 | $11.6M | Add +96.2% |
| PNFP Pinnacle Financial Partners | 2.07% | 101,598 | $11.6M | Reduce -29.8% |
| BANR Banner Corporation | 1.90% | 160,156 | $10.7M | Reduce -26.6% |
| SSB Southstate Bank Corp. | 1.88% | 106,200 | $10.6M | Add +13.6% |
| RF Regions Financial Corp. | 1.85% | 442,182 | $10.4M | Reduce -2.5% |
| ONB Old National Bancorp | 1.81% | 468,334 | $10.2M | New |
| BPOP Popular Inc. | 1.78% | 106,358 | $10.0M | Reduce -49.0% |
| CMA Comerica Inc. | 1.77% | 161,047 | $10.0M | Add +15.4% |
| PFBC Preferred Bank/Los Angeles | 1.70% | 110,721 | $9.6M | Reduce -5.9% |
| CCB Coastal Financial Corp. | 1.54% | 102,213 | $8.7M | Add +37.9% |
| OFG Ofg Bancorp | 1.45% | 192,636 | $8.2M | Reduce -17.6% |
| OSBC Old Second Bancorp Inc. | 1.30% | 410,808 | $7.3M | Add +6.6% |
| FBMS First Bancshares Inc. | 1.20% | 191,925 | $6.7M | Reduce -2.5% |
| FISI Financial Institutions Inc. | 1.09% | 225,000 | $6.1M | New |
| ABX Abacus Global Management Inc. | 1.03% | 741,810 | $5.8M | Add +128.2% |
| FBP First Bancorp Puerto Rico | 1.03% | 310,310 | $5.8M | Reduce -2.5% |
| CCNE CNB Financial Corp. | 0.94% | 212,078 | $5.3M | Reduce -2.5% |
| SMBK Smartfinancial Inc. | 0.83% | 150,234 | $4.7M | Reduce -2.5% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.81% | 103,237 | $4.5M | Reduce -2.5% |
| CADE Cadence Bank | 0.76% | 124,068 | $4.3M | Reduce -52.5% |
| OPBK Op Bancorp | 0.69% | 245,465 | $3.9M | Reduce -12.6% |
| MOFG Midwestone Financial Group I | 0.67% | 130,000 | $3.8M | Reduce -35.0% |
| NBBK NB Bancorp Inc. | 0.63% | 197,043 | $3.6M | Reduce -21.0% |
| FFIC Flushing Financial Corp. | 0.60% | 234,165 | $3.3M | New |
| BWB Bridgewater Bancshares Inc. | 0.58% | 239,989 | $3.2M | Add +56.0% |
| FBLA FB Bancorp Inc. | 0.47% | 222,089 | $2.6M | New |
| INBK First Internet Bancorp | 0.43% | 66,960 | $2.4M | Reduce -15.2% |
| EQBK Equity Bancshares Inc. Class A | 0.38% | 50,000 | $2.1M | New |
Portfolio Sells Q3 2024 → Q4 2024
| BPOP Popular Inc. | Reduce -49.0% | 1.78% | −2.17 |
| SNV Synovus Financial Corp. | Reduce -47.4% | 2.18% | −1.64 |
| WAL Western Alliance Bancorp | Reduce -10.0% | 6.27% | −1.39 |
| ALRS Alerus Financial Corp. | Sold out | 0.00% | −1.13 |
| MCHB Mechanics Bancorp Class A | Sold out | 0.00% | −1.01 |
| CADE Cadence Bank | Reduce -52.5% | 0.76% | −0.81 |
| FCNCA First Citizens Bcshs Class A | Reduce -30.0% | 2.50% | −0.81 |
| PNFP Pinnacle Financial Partners | Reduce -29.8% | 2.07% | −0.61 |
| EWBC East West Bancorp Inc. | Reduce -21.3% | 3.45% | −0.57 |
| BANR Banner Corporation | Reduce -26.6% | 1.90% | −0.55 |
| OFG Ofg Bancorp | Reduce -17.6% | 1.45% | −0.53 |
| FULT Fulton Financial Corp. | Sold out | 0.00% | −0.48 |
| AX Axos Financial Inc. | Reduce -17.4% | 2.93% | −0.46 |
| AGNC AGNC Investment Corp. | Sold out | 0.00% | −0.46 |
| NLY Annaly Capital Management Inc. | Sold out | 0.00% | −0.42 |
| MOFG Midwestone Financial Group I | Reduce -35.0% | 0.67% | −0.41 |
| EBC Eastern Bankshares Inc. | Reduce -11.7% | 2.22% | −0.32 |
| HWC Hancock Whitney Corp. | Reduce -7.3% | 3.76% | −0.27 |
| FBP First Bancorp Puerto Rico | Reduce -2.5% | 1.03% | −0.25 |
| NBBK NB Bancorp Inc. | Reduce -21.0% | 0.63% | −0.24 |
| VBTX Veritex Holdings Inc. | Reduce -5.2% | 2.57% | −0.22 |
| RF Regions Financial Corp. | Reduce -2.5% | 1.85% | −0.15 |
| PFBC Preferred Bank/Los Angeles | Reduce -5.9% | 1.70% | −0.08 |
| INBK First Internet Bancorp | Reduce -15.2% | 0.43% | −0.08 |
| AMTB Amerant Bancorp Inc. | Sold out | 0.00% | −0.08 |
| CCNE CNB Financial Corp. | Reduce -2.5% | 0.94% | −0.05 |
| SMBK Smartfinancial Inc. | Reduce -2.5% | 0.83% | −0.02 |
| FBMS First Bancshares Inc. | Reduce -2.5% | 1.20% | −0.00 |
| BAC Bank of America Corp. | Reduce -2.5% | 0.81% | +0.01 |
| RNST Renasant Corp. | Reduce -2.5% | 2.29% | +0.02 |
| OPBK Op Bancorp | Reduce -12.6% | 0.69% | +0.03 |
| WTFC Wintrust Financial Corp. | Reduce -5.5% | 3.48% | +0.07 |
| HAFC Hanmi Financial Corporation | Reduce -2.5% | 2.34% | +0.33 |
| WBS Webster Financial Corp. | Reduce -2.5% | 5.78% | +0.46 |
Portfolio Buys Q3 2024 → Q4 2024
| FSUN Firstsun Capital Bancorp | New | 3.34% | +3.34 |
| ONB Old National Bancorp | New | 1.81% | +1.81 |
| DCOM Dime Commercial Bancshares I | Add +86.3% | 3.39% | +1.58 |
| SASR Sandy Spring Bancorp Inc. | Add +133.6% | 2.19% | +1.26 |
| FISI Financial Institutions Inc. | New | 1.09% | +1.09 |
| CNOB Connectone Bancorp Inc. | Add +96.2% | 2.07% | +0.85 |
| CCB Coastal Financial Corp. | Add +37.9% | 1.54% | +0.79 |
| FFIC Flushing Financial Corp. | New | 0.60% | +0.60 |
| FBLA FB Bancorp Inc. | New | 0.47% | +0.47 |
| VLY Valley National Bancorp | Add +33.1% | 2.20% | +0.44 |
| ABX Abacus Global Management Inc. | Add +128.2% | 1.03% | +0.41 |
| EQBK Equity Bancshares Inc. Class A | New | 0.38% | +0.38 |
| HTLF Heartland Financial USA Inc. | Add +6.1% | 3.75% | +0.28 |
| CMA Comerica Inc. | Add +15.4% | 1.77% | +0.19 |
| BWB Bridgewater Bancshares Inc. | Add +56.0% | 0.58% | +0.17 |
| OSBC Old Second Bancorp Inc. | Add +6.6% | 1.30% | +0.16 |
| SSB Southstate Bank Corp. | Add +13.6% | 1.88% | +0.16 |
| CATY Cathay General Bancorp | Add +2.2% | 2.22% | +0.14 |
| FNB FNB Corp. | Add +8.0% | 2.17% | +0.13 |
| CFG Citizens Financial Group | Add +0.9% | 3.03% | +0.04 |
| COLB Columbia Banking System Inc. | Add +3.0% | 4.68% | +0.01 |
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 |