Managers / Q2 2020 · view latest →
FSI GROUP, LLC
CIK 0001041241 · 441 VINE STREET, SUITE 1300, CINCINNATI, OH, 45202 · 5132416166
Summary
Fsi Group, LLC reported $25M in U.S.-listed holdings across 6 positions for Q2 2020.
The portfolio is heavily concentrated: BNY alone accounts for 20.7% of reported value.
Compared with Q1 2020, the fund opened 4 new positions and exited 20.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 99.8% · $25M
- Other · 0.2% · $50,000
Quarter-over-Quarter Changes full breakdown →
vs Q1 2020 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| BNYBANK NEW YORK MELLON CORP | NEW | +135.0K | 135.0K | +$5M | $5M |
| CCITIGROUP INC | NEW | +100.0K | 100.0K | +$5M | $5M |
| CFGCITIZENS FINANCIAL GROUP INC | NEW | +200.0K | 200.0K | +$5M | $5M |
| STTSTATE STR CORP | NEW | +75.0K | 75.0K | +$5M | $5M |
| FITBFIFTH THIRD BANCORP | ADDED | +258.7K | 260.0K | +$5M | $5M |
| FAR PT ACQUISITION CORP | SOLD OUT | −350.0K | 0 | −$4M | $0 |
| BACBK OF AMERICA CORP | SOLD OUT | −1.2K | 0 | −$25,000 | $0 |
| WALWESTERN ALLIANCE BANCORP | SOLD OUT | −792 | 0 | −$24,000 | $0 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2020
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | BNYBANK NEW YORK MELLON CORPhistory → | COM | 20.70% | $5M | 135.0K |
| 2 | CCITIGROUP INChistory → | COM NEW | 20.27% | $5M | 100.0K |
| 3 | CFGCITIZENS FINANCIAL GROUP INChistory → | COM | 20.03% | $5M | 200.0K |
| 4 | FITBFIFTH THIRD BANCORPhistory → | COM | 19.89% | $5M | 260.0K |
| 5 | STTSTATE STR CORPhistory → | COM | 18.91% | $5M | 75.0K |
| 6 | FAR PT ACQUISITION CORP | *W EXP 06/01/202 | 0.20% | $50,000 | 100.0K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q3 2020 | Under review | 1 | Oct 16, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $25M | 6 | Aug 5, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $4M | 22 | Apr 23, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $78M | 37 | Jan 29, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $72M | 33 | Oct 23, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $84M | 30 | Jul 25, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $93M | 33 | May 14, 2019 | 13F-HR | changes · 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 ↗.