SEC 13F Intelligence

Managers / Q4 2024 · view latest →

MENDON CAPITAL ADVISORS CORP

CIK 0001177043 · OCEAN REEF PLAZA EXECUTIVE CENTER, 31 OCEAN REEF DRIVE,SUITE C101 #249, KEY LARGO, FL, 33037 · 5857701770

Reported Value
$203M
Q4 2024
Positions
44
Filings on Record
24
2019–present window
Filed
Feb 14, 2025
original filing

Summary

Mendon Capital Advisors Corp reported $203M in U.S.-listed holdings across 44 positions for Q4 2024.

Its largest position, EQBK, represents 8.4% of the portfolio.

Compared with Q3 2024, the fund opened 12 new positions and exited 8.

Portfolio Metrics

Turnover
+12.4%
vs prior filed quarter
Top-10 Concentration
+50.3%
share of reported value
Largest Position
+8.4%
Equity Bancshares
New / Exited
12 / 8
positions this quarter

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. 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
Q4 ’18: $851MQ4 ’18Q1 ’19: $823MQ2 ’19: $638MQ3 ’19: $593MQ3 ’19Q4 ’19: $582MQ1 ’20: $204MQ2 ’20: $196MQ2 ’20Q3 ’20: $171MQ4 ’20: $213MQ1 ’21: $272MQ1 ’21Q2 ’21: $277MQ3 ’21: $293MQ4 ’21: $348MQ4 ’21Q1 ’22: $302MQ4 ’23: $241MQ1 ’24: $187MQ1 ’24Q2 ’24: $180MQ3 ’24: $155MQ4 ’24: $203MQ4 ’24Q1 ’25: $216MQ2 ’25: $206MQ3 ’25: $261MQ3 ’25Q4 ’25: $338MQ1 ’26: $258Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 87.5%ETP: 12.5%
  • Common Stock · 87.5% · $178M
  • ETP · 12.5% · $25M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRNEW+15.0K15.0K+$9M$9M
XLFSELECT SECTOR SPDR TRNEW+150.0K150.0K+$7M$7M
SPDR SER TRNEW+100.0K100.0K+$6M$6M
FL8FLUSHING FINL CORPNEW+350.0K350.0K+$5M$5M
BB3BROOKLINE BANCORP INC DELNEW+300.0K300.0K+$4M$4M
ISHARES TRNEW+15.0K15.0K+$3M$3M
FISIFINANCIAL INSTNS INCNEW+100.0K100.0K+$3M$3M
LOBLIVE OAK BANCSHARES INCNEW+50.0K50.0K+$2M$2M

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

Holdings — Q4 2024

39 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1EQBKEQUITY BANCSHARES INChistory →COM CL A8.42%$17M403.2K
2VBNKVERSABANK NEWhistory →COM6.05%$12M887.3K
3FRSTPRIMIS FINANCIAL CORPhistory →COM6.04%$12M1.05M
4USCBUSCB FINANCIAL HOLDINGS INChistory →CLASS A COM5.90%$12M674.8K
5ABXABACUS LIFE INChistory →CL A5.03%$10M1.30M
6FBMSUSDFIRST BANCSHARES INC MISShistory →COM4.31%$9M250.0K
7AMTBAMERANT BANCORP INChistory →CL A4.05%$8M367.3K
8BCALCALIFORNIA BANCORPhistory →COM3.61%$7M443.7K
9VBTXVERITEX HLDGS INChistory →COM3.47%$7M264.0K
10BFSTBUSINESS FIRST BANCSHARES INhistory →COM3.39%$7M267.8K
11OBKORIGIN BANCORP INChistory →COM3.28%$7M200.0K
12CIVBCIVISTA BANCSHARES INChistory →COM NO PAR2.51%$5M242.4K
13MYFWFIRST WESTN FINL INChistory →COM2.48%$5M257.6K
14FL8FLUSHING FINL CORPhistory →COM2.46%$5M350.0K
15MOFGMIDWESTONE FINL GROUP INC NEhistory →COM2.21%$4M154.3K
16SSBKSOUTHERN STS BANCSHARES INChistory →COM1.97%$4M120.0K
17PQ3PROVIDENT FINL SVCS INChistory →COM1.86%$4M200.0K
18SHBISHORE BANCSHARES INChistory →COM1.80%$4M231.8K
19BYBYLINE BANCORP INChistory →COM1.79%$4M125.0K
20BB3BROOKLINE BANCORP INC DELhistory →COM1.74%$4M300.0K
21MCHBHOMESTREET INChistory →COM1.69%$3M300.0K
22FISIFINANCIAL INSTNS INChistory →COM1.34%$3M100.0K
23CCBCOASTAL FINL CORP WAhistory →COM NEW1.25%$3M30.0K
24COFSCHOICEONE FINL SVCS INChistory →COM1.24%$3M70.9K
25FFWMFIRST FNDTN INChistory →COM1.14%$2M373.7K
26NICNICOLET BANKSHARES INChistory →COM1.03%$2M20.0K
27LOBLIVE OAK BANCSHARES INCCOM0.97%$2M50.0K
28MPBMID PENN BANCORP INCCOM0.94%$2M66.0K
29FSUNFIRSTSUN CAP BANCORPCOM0.93%$2M47.1K
30OSBCOLD SECOND BANCORP INC ILLCOM0.88%$2M100.0K
31C9N0STELLAR BANCORP INCCOM0.70%$1M50.0K
32CARECARTER BANKSHARES INCCOM NEW0.56%$1M64.1K
33MNSBMAINSTREET BANCSHARES INCCOM0.46%$931,11951.4K
34OCFCOCEANFIRST FINL CORPCOM0.45%$905,00050.0K
35AUBATLANTIC UN BANKSHARES CORPCOM0.41%$832,00025.0K
36LNKBLINKBANCORP INCCOM0.39%$800,569107.0K
37MRBKMERIDIAN CORPORATIONCOM0.33%$666,12848.6K
38SFSTSOUTHERN FIRST BANCSHARESCOM0.15%$311,7207.8K
39QC10FLAGSTAR FINANCIAL INCCOM NEW0.06%$130,62014.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$258M100May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$338M65Feb 18, 202613F-HRchanges · EDGAR ↗
Q3 2025$261M68Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$206M50Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$216M53May 21, 202513F-HRchanges · EDGAR ↗
Q4 2024$203M44Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$155M40Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$180M49Aug 30, 202413F-HRchanges · EDGAR ↗
Q1 2024$187M49May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$241M56Feb 23, 202413F-HRchanges · EDGAR ↗
Q1 2022$302M60May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$348M63Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$293M63Nov 9, 202113F-HRchanges · EDGAR ↗
Q2 2021$277M62Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$272M55May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$213M72Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$171M69Nov 10, 202013F-HRchanges · EDGAR ↗
Q2 2020$196M71Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$204M69May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$582M80Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$593M90Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$638M86Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$823M103May 15, 201913F-HRchanges · EDGAR ↗
Q4 2018$851M110Feb 13, 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 ↗.