Stieven Capital Advisors, L.P.
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 1, 2025), Stieven Capital Advisors, L.P. reported 45 stock positions worth $516.4 million. Its top holding was Western Alliance Bancorp (WAL) at 6.2% of the portfolio, followed by Webster Financial (WBS, 5.9%) and Columbia Banking System (COLB, 4.6%). Compared with Q4 2024, it opened 4 new positions, sold out of 8, added to 28 and reduced 13. The biggest buy was a new position in Umb Financial (UMBF) and the biggest sale an exit from Heartland Financial USA (HTLF).
- Most Recent 13F
- Q2 2026
- Location
- ST. LOUIS, MO
- CIK
- 0001388279
- Portfolio Value
- $516.4M (Q1 2025)
- SEC Filing
- 0000902664-25-002045 ↗ filed May 1, 2025
Holdings Value
Holdings 45 stocks · $516.4M
| WAL Western Alliance Bancorp | 6.18% | 415,333 | $31.9M | Reduce -1.6% |
| WBS Webster Financial Corp. | 5.88% | 588,988 | $30.4M | Add +0.2% |
| COLB Columbia Banking System Inc. | 4.61% | 954,832 | $23.8M | Reduce -1.8% |
| UMBF Umb Financial Corp. | 4.08% | 208,589 | $21.1M | New |
| EWBC East West Bancorp Inc. | 3.80% | 218,724 | $19.6M | Add +8.2% |
| AX Axos Financial Inc. | 3.55% | 283,759 | $18.3M | Add +20.4% |
| CFG Citizens Financial Group | 3.41% | 429,980 | $17.6M | Add +10.5% |
| WTFC Wintrust Financial Corp. | 3.37% | 154,760 | $17.4M | Reduce -1.3% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 3.36% | 621,455 | $17.3M | Add +0.2% |
| HWC Hancock Whitney Corp. | 3.16% | 311,596 | $16.3M | Reduce -19.3% |
| SSB Southstate Bank Corp. | 2.92% | 162,400 | $15.1M | Add +52.9% |
| FCNCA First Citizens Bcshs Class A | 2.70% | 7,507 | $13.9M | Add +13.1% |
| SNV Synovus Financial Corp. | 2.69% | 297,542 | $13.9M | Add +24.5% |
| HAFC Hanmi Financial Corporation | 2.67% | 608,076 | $13.8M | Add +9.2% |
| VBTX Veritex Holdings Inc. | 2.58% | 533,736 | $13.3M | Add +0.2% |
| AUB Atlantic Union Bankshares Co. | 2.50% | 415,000 | $12.9M | New |
| CNOB Connectone Bancorp Inc. | 2.46% | 522,982 | $12.7M | Add +2.9% |
| FSUN Firstsun Capital Bancorp | 2.38% | 340,130 | $12.3M | Reduce -27.3% |
| CATY Cathay General Bancorp | 2.35% | 282,504 | $12.2M | Add +7.8% |
| VLY Valley National Bancorp | 2.35% | 1,366,566 | $12.1M | Add +0.2% |
| OSBC Old Second Bancorp Inc. | 2.31% | 716,228 | $11.9M | Add +74.3% |
| ONB Old National Bancorp | 2.23% | 544,334 | $11.5M | Add +16.2% |
| BANR Banner Corporation | 2.21% | 178,956 | $11.4M | Add +11.7% |
| FNB FNB Corp. | 2.15% | 825,291 | $11.1M | Add +0.2% |
| PNFP Pinnacle Financial Partners | 2.14% | 104,298 | $11.1M | Add +2.7% |
| EBC Eastern Bankshares Inc. | 2.01% | 634,049 | $10.4M | Reduce -12.3% |
| RF Regions Financial Corp. | 1.97% | 468,082 | $10.2M | Add +5.9% |
| CMA Comerica Inc. | 1.85% | 161,347 | $9.5M | Add +0.2% |
| PFBC Preferred Bank/Los Angeles | 1.80% | 110,921 | $9.3M | Add +0.2% |
| RNST Renasant Corp. | 1.57% | 239,107 | $8.1M | Reduce -33.5% |
| CCB Coastal Financial Corp. | 1.55% | 88,471 | $8.0M | Reduce -13.4% |
| FBMS First Bancshares Inc. | 1.26% | 192,325 | $6.5M | Add +0.2% |
| CCNE CNB Financial Corp. | 1.26% | 291,390 | $6.5M | Add +37.4% |
| FBP First Bancorp Puerto Rico | 1.15% | 310,910 | $6.0M | Add +0.2% |
| FISI Financial Institutions Inc. | 1.09% | 225,500 | $5.6M | Add +0.2% |
| ABX Abacus Global Management Inc. | 1.08% | 743,310 | $5.6M | Add +0.2% |
| SMBK Smartfinancial Inc. | 0.89% | 147,634 | $4.6M | Reduce -1.7% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.84% | 103,437 | $4.3M | Add +0.2% |
| MOFG Midwestone Financial Group I | 0.75% | 130,300 | $3.9M | Add +0.2% |
| ESSA Essa Bancorp Inc. | 0.72% | 197,445 | $3.7M | New |
| MCHB Mechanics Bancorp Class A filed as HOMESTREET INC | 0.68% | 300,000 | $3.5M | New |
| BWB Bridgewater Bancshares Inc. | 0.55% | 204,064 | $2.8M | Reduce -15.0% |
| OPBK Op Bancorp | 0.51% | 220,986 | $2.7M | Reduce -10.0% |
| INBK First Internet Bancorp | 0.23% | 44,060 | $1.2M | Reduce -34.2% |
| FBLA FB Bancorp Inc. | 0.20% | 91,262 | $1.0M | Reduce -58.9% |
Portfolio Sells Q4 2024 → Q1 2025
| HTLF Heartland Financial USA Inc. | Sold out | 0.00% | −3.75 |
| SASR Sandy Spring Bancorp Inc. | Sold out | 0.00% | −2.19 |
| BPOP Popular Inc. | Sold out | 0.00% | −1.78 |
| OFG Ofg Bancorp | Sold out | 0.00% | −1.45 |
| FSUN Firstsun Capital Bancorp | Reduce -27.3% | 2.38% | −0.96 |
| CADE Cadence Bank | Sold out | 0.00% | −0.76 |
| RNST Renasant Corp. | Reduce -33.5% | 1.57% | −0.72 |
| NBBK NB Bancorp Inc. | Sold out | 0.00% | −0.63 |
| HWC Hancock Whitney Corp. | Reduce -19.3% | 3.16% | −0.60 |
| FFIC Flushing Financial Corp. | Sold out | 0.00% | −0.60 |
| EQBK Equity Bancshares Inc. Class A | Sold out | 0.00% | −0.38 |
| FBLA FB Bancorp Inc. | Reduce -58.9% | 0.20% | −0.27 |
| EBC Eastern Bankshares Inc. | Reduce -12.3% | 2.01% | −0.20 |
| INBK First Internet Bancorp | Reduce -34.2% | 0.23% | −0.20 |
| OPBK Op Bancorp | Reduce -10.0% | 0.51% | −0.18 |
| WTFC Wintrust Financial Corp. | Reduce -1.3% | 3.37% | −0.11 |
| WAL Western Alliance Bancorp | Reduce -1.6% | 6.18% | −0.09 |
| COLB Columbia Banking System Inc. | Reduce -1.8% | 4.61% | −0.07 |
| BWB Bridgewater Bancshares Inc. | Reduce -15.0% | 0.55% | −0.03 |
| CCB Coastal Financial Corp. | Reduce -13.4% | 1.55% | +0.00 |
| SMBK Smartfinancial Inc. | Reduce -1.7% | 0.89% | +0.06 |
Portfolio Buys Q4 2024 → Q1 2025
| UMBF Umb Financial Corp. | New | 4.08% | +4.08 |
| AUB Atlantic Union Bankshares Co. | New | 2.50% | +2.50 |
| SSB Southstate Bank Corp. | Add +52.9% | 2.92% | +1.04 |
| OSBC Old Second Bancorp Inc. | Add +74.3% | 2.31% | +1.01 |
| ESSA Essa Bancorp Inc. | New | 0.72% | +0.72 |
| MCHB Mechanics Bancorp Class A | New | 0.68% | +0.68 |
| AX Axos Financial Inc. | Add +20.4% | 3.55% | +0.62 |
| SNV Synovus Financial Corp. | Add +24.5% | 2.69% | +0.51 |
| ONB Old National Bancorp | Add +16.2% | 2.23% | +0.42 |
| CNOB Connectone Bancorp Inc. | Add +2.9% | 2.46% | +0.39 |
| CFG Citizens Financial Group | Add +10.5% | 3.41% | +0.38 |
| EWBC East West Bancorp Inc. | Add +8.2% | 3.80% | +0.35 |
| HAFC Hanmi Financial Corporation | Add +9.2% | 2.67% | +0.33 |
| CCNE CNB Financial Corp. | Add +37.4% | 1.26% | +0.32 |
| BANR Banner Corporation | Add +11.7% | 2.21% | +0.31 |
| FCNCA First Citizens Bcshs Class A | Add +13.1% | 2.70% | +0.20 |
| VLY Valley National Bancorp | Add +0.2% | 2.35% | +0.15 |
| CATY Cathay General Bancorp | Add +7.8% | 2.35% | +0.13 |
| FBP First Bancorp Puerto Rico | Add +0.2% | 1.15% | +0.13 |
| RF Regions Financial Corp. | Add +5.9% | 1.97% | +0.12 |
| WBS Webster Financial Corp. | Add +0.2% | 5.88% | +0.10 |
| PFBC Preferred Bank/Los Angeles | Add +0.2% | 1.80% | +0.09 |
| MOFG Midwestone Financial Group I | Add +0.2% | 0.75% | +0.07 |
| PNFP Pinnacle Financial Partners | Add +2.7% | 2.14% | +0.07 |
| CMA Comerica Inc. | Add +0.2% | 1.85% | +0.07 |
| FBMS First Bancshares Inc. | Add +0.2% | 1.26% | +0.06 |
| ABX Abacus Global Management Inc. | Add +0.2% | 1.08% | +0.04 |
| BAC Bank of America Corp. | Add +0.2% | 0.84% | +0.03 |
| VBTX Veritex Holdings Inc. | Add +0.2% | 2.58% | +0.01 |
| FISI Financial Institutions Inc. | Add +0.2% | 1.09% | −0.00 |
| FNB FNB Corp. | Add +0.2% | 2.15% | −0.02 |
| DCOM Dime Commercial Bancshares I | Add +0.2% | 3.36% | −0.04 |
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 |