SEC 13F Intelligence

Managers / Q1 2019 · view latest →

FSI GROUP, LLC

CIK 0001041241 · 441 VINE STREET, SUITE 1300, CINCINNATI, OH, 45202 · 5132416166

Reported Value
$93M
Q1 2019
Positions
33
Filings on Record
7
2019–present window
Filed
May 14, 2019
original filing

Summary

Fsi Group, LLC reported $93M in U.S.-listed holdings across 33 positions for Q1 2019.

Its largest position, KEY, represents 8.2% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+65.0%
share of reported value
Largest Position
+8.2%
Keycorp

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $93MQ1 ’19Q2 ’19: $84MQ2 ’19Q3 ’19: $72MQ3 ’19Q4 ’19: $78MQ4 ’19Q1 ’20: $4MQ1 ’20Q2 ’20: $25MQ2 ’20filingsflow.com

Portfolio Composition

By security type
Common Stock: 94.7%Other: 5.3%
  • Common Stock · 94.7% · $88M
  • Other · 5.3% · $5M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
KEYKEYCORP NEWNEW+482.7K482.7K+$8M$8M
FITBFIFTH THIRD BANCORPNEW+297.1K297.1K+$7M$7M
BACBANK AMER CORPNEW+270.9K270.9K+$7M$7M
CFGCITIZENS FINL GROUP INCNEW+213.8K213.8K+$7M$7M
SYNOVUS FINL CORPNEW+159.0K159.0K+$5M$5M
EWBCEAST WEST BANCORP INCNEW+111.3K111.3K+$5M$5M
WFCWELLS FARGO CO NEWNEW+109.8K109.8K+$5M$5M
WALWESTERN ALLIANCE BANCORPNEW+126.9K126.9K+$5M$5M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q1 2019

32 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KEYKEYCORP NEWhistory →COM8.20%$8M482.7K
2FITBFIFTH THIRD BANCORPhistory →COM8.09%$7M297.1K
3BACBANK AMER CORPhistory →COM8.07%$7M270.9K
4CFGCITIZENS FINL GROUP INChistory →COM7.50%$7M213.8K
5SYNOVUS FINL CORPCOM NEW5.89%$5M159.0K
6EWBCEAST WEST BANCORP INChistory →COM5.76%$5M111.3K
7WFCWELLS FARGO CO NEWhistory →COM5.72%$5M109.8K
8WALWESTERN ALLIANCE BANCORPhistory →COM5.62%$5M126.9K
9PACWEST BANCORP DELCOM5.30%$5M130.5K
10COFCAPITAL ONE FINL CORPhistory →COM4.85%$4M55.0K
11RFREGIONS FINL CORP NEWhistory →COM4.51%$4M295.1K
12HBANHUNTINGTON BANCSHARES INChistory →COM4.34%$4M317.4K
13MTBM & T BK CORPhistory →COM4.26%$4M25.1K
14PINNACLE FINL PARTNERS INCCOM4.15%$4M70.4K
15OSBCOLD SECOND BANCORP INC ILLhistory →COM2.71%$3M199.5K
16ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK2.50%$2M100.0K
17FRBKQREPUBLIC FIRST BANCORP INChistory →COM2.46%$2M434.5K
18SOUTHERN NATL BANCORP OF VACOM2.22%$2M140.5K
19AXA EQUITABLE HLDGS INCCOM2.17%$2M100.0K
20THUNDER BRIDGE ACQUISITION LSHS CLASS A G8857 · *W EXP 01/01/2021.16%$1M198.5K
21BANRBANNER CORPCOM NEW0.62%$571,00010.5K
22HTBHOMETRUST BANCSHARES INCCOM0.56%$523,00020.7K
23UCBUNITED CMNTY BKS BLAIRSVLE GCOM0.56%$522,00020.9K
24FHNFIRST HORIZON NATL CORPCOM0.47%$439,00031.4K
25CMACOMERICA INCCOM0.43%$400,0005.5K
26JPMJPMORGAN CHASE & COCOM0.38%$352,0003.5K
27UMPQUA HLDGS CORPCOM0.33%$302,00018.3K
28ZIONZIONS BANCORPORATION N ACOM0.32%$296,0006.5K
29FBNCFIRST MIDWEST BANCORP DELCOM0.23%$210,00010.3K
30STLSTERLING BANCORP DELCOM0.22%$200,00010.7K
31FNBFNB CORP PACOM0.20%$189,00017.9K
32SHBISHORE BANCSHARES INCCOM0.18%$169,00011.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q3 2020Under review1Oct 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$25M6Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$4M22Apr 23, 202013F-HRchanges · EDGAR ↗
Q4 2019$78M37Jan 29, 202013F-HRchanges · EDGAR ↗
Q3 2019$72M33Oct 23, 201913F-HRchanges · EDGAR ↗
Q2 2019$84M30Jul 25, 201913F-HRchanges · EDGAR ↗
Q1 2019$93M33May 14, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.