Stieven Capital Advisors, L.P. 13F annual report

Stieven Capital Advisors, L.P. is an investment fund managing more than $451 billion ran by Mark Ross. There are currently 45 companies in Mr. Ross’s portfolio. The largest investments include Western Alliance Bancorp and East West, together worth $55.7 billion.

Limited to 30 biggest holdings

$451 billion Assets Under Management (AUM)

As of 25th July 2024, Stieven Capital Advisors, L.P.’s top holding is 503,433 shares of Western Alliance Bancorp currently worth over $31.6 billion and making up 7.0% of the portfolio value. Relative to the number of outstanding shares of Western Alliance Bancorp, Stieven Capital Advisors, L.P. owns less than approximately 0.1% of the company. In addition, the fund holds 328,314 shares of East West worth $24 billion, whose value grew 26.9% in the past six months. The third-largest holding is Webster Finl Corp worth $22.5 billion and the next is Wintrust Finl Corp worth $21 billion, with 213,060 shares owned.

Currently, Stieven Capital Advisors, L.P.'s portfolio is worth at least $451 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Stieven Capital Advisors, L.P.

The Stieven Capital Advisors, L.P. office and employees reside in St. Louis, Missouri. According to the last 13-F report filed with the SEC, Mark Ross serves as the Officer - Managing Director at Stieven Capital Advisors, L.P..

Recent trades

In the most recent 13F filing, Stieven Capital Advisors, L.P. revealed that it had opened a new position in Columbia Bkg Sys Inc and bought 475,500 shares worth $9.46 billion.

The investment fund also strengthened its position in Hancock Whitney by buying 63,100 additional shares. This makes their stake in Hancock Whitney total 420,486 shares worth $20.1 billion. Hancock Whitney soared 24.3% in the past year.

On the other hand, there are companies that Stieven Capital Advisors, L.P. is getting rid of from its portfolio. Stieven Capital Advisors, L.P. closed its position in Banc of California Inc on 1st August 2024. It sold the previously owned 1,049,888 shares for $16 billion. Mark Ross also disclosed a decreased stake in Western Alliance Bancorp by approximately 0.1%. This leaves the value of the investment at $31.6 billion and 503,433 shares.

One of the average hedge funds

The two most similar investment funds to Stieven Capital Advisors, L.P. are Cheviot Value Management and Matthews International Capital Management. They manage $452 billion and $452 billion respectively.

Mark Ross investment strategy

Stieven Capital Advisors, L.P.’s portfolio is diversified across 3 sectors. Currently, their heaviest sector is Finance — making up 39.8% of the total portfolio value. The fund focuses on investments in the United States as 42.2% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 2% of the total holdings value. On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio. The average market cap of the portfolio companies is close to $3.59 billion.

The complete list of Stieven Capital Advisors, L.P. trades based on 13F SEC filings

These positions were updated on August 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Western Alliance Bancorp	1.37% 503,433	$31,625,661,000	7.00%
East West Bancorp, Inc.	1.35% 328,314	$24,042,434,000	5.33%
Webster Finl Corp	6.79% 515,788	$22,483,199,000	4.98%
Wintrust Finl Corp	1.39% 213,060	$20,999,194,000	4.65%
First Ctzns Bancshares Inc N	12.38% 12,135	$20,430,607,000	4.53%
Hancock Whitney Corp.	17.66% 420,486	$20,111,845,000	4.45%
Synovus Finl Corp	0.02% 478,842	$19,244,660,000	4.26%
Axos Financial Inc.	1.36% 328,433	$18,769,946,000	4.16%
Popular Inc.	31.15% 187,343	$16,566,741,000	3.67%
F.N.B. Corp.	8.82% 1,173,891	$16,058,829,000	3.56%
Banc of California Inc	Closed 1,049,888	$15,968,796,000
Citizens Finl Group Inc	120.00% 389,580	$14,036,567,000	3.11%
Truist Finl Corp	40.55% 357,000	$13,869,450,000	3.07%
Preferred Bk Los Angeles Ca	6.63% 177,435	$13,394,568,000	2.97%
Heartland Finl Usa Inc	32.09% 267,628	$11,896,065,000	2.63%
Banner Corp.	16.55% 230,256	$11,429,908,000	2.53%
Agnc Invt Corp	Closed 1,101,400	$10,903,860,000
Trustmark Corp.	31.05% 346,807	$10,418,082,000	2.31%
Pinnacle Finl Partners Inc	85.84% 129,900	$10,397,196,000	2.30%
Columbia Bkg Sys Inc	Opened 475,500	$9,457,695,000	2.09%
Regions Financial Corp.	14.44% 457,982	$9,177,959,000	2.03%
OFG Bancorp	1.38% 236,061	$8,840,484,000	1.96%
First Bancorp P R	5.42% 467,510	$8,550,758,000	1.89%
Veritex Holdings Inc	2.17% 404,065	$8,521,731,000	1.89%
Hanmi Finl Corp	19.18% 473,553	$7,917,806,000	1.75%
Cadence Bank	24.73% 277,904	$7,859,125,000	1.74%
Us Bancorp Del	Closed 175,000	$7,822,500,000
Old Second Bancorp Inc Ill	17.86% 526,485	$7,797,243,000	1.73%
Valley Natl Bancorp	32.30% 1,100,066	$7,678,461,000	1.70%
Cathay Gen Bancorp	10.00% 184,104	$6,944,403,000	1.54%
Eastern Bankshares, Inc.	Opened 480,477	$6,717,068,000	1.49%
Annaly Capital Management In	Closed 330,400	$6,505,576,000
Heritage Comm Corp	Closed 747,636	$6,414,717,000
Dime Cmnty Bancshares Inc	22.20% 298,345	$6,086,238,000	1.35%
Stellar Bancorp Inc	28.98% 255,243	$5,860,379,000	1.30%
Origin Bancorp Inc	Opened 177,698	$5,636,581,000	1.25%
Nb Bancorp Inc	1.38% 363,631	$5,483,555,000	1.21%
Westamerica Bancorporation	46.76% 112,717	$5,470,156,000	1.21%
First Bancshares Inc Ms	1.34% 198,825	$5,165,474,000	1.14%
Cnb Finl Corp Pa	1.35% 219,678	$4,483,628,000	0.99%
Bank America Corp	1.38% 106,837	$4,248,907,000	0.94%
Mercantile Bk Corp	Closed 96,196	$3,702,584,000
Business First Bancshares In	40.69% 162,220	$3,529,907,000	0.78%
Bridgewater Bancshares Inc	1.39% 290,437	$3,371,974,000	0.75%
Five Star Bancorp	Closed 140,000	$3,150,000,000
Abacus Life Inc	Opened 325,000	$2,811,250,000	0.62%
OP Bancorp	11.74% 283,568	$2,719,417,000	0.60%
M & T Bk Corp	23.59% 17,165	$2,598,094,000	0.58%
First Internet Bancorp	55.45% 95,443	$2,578,870,000	0.57%
Coastal Finl Corp Wa	1.44% 54,613	$2,519,844,000	0.56%
Fulton Finl Corp Pa	Opened 139,900	$2,375,502,000	0.53%
Bancorp Inc. (The)	Opened 35,000	$1,321,600,000	0.29%
No transactions found
Showing first 500 out of 52 holdings