SEC 13F Intelligence

Managers / Q1 2023 · view latest →

EJF Capital LP

CIK 0001353254 · 2107 WILSON BOULEVARD, SUITE 410, ARLINGTON, VA, 22201 · 703-875-0591

Reported Value
$270M
Q1 2023
Positions
96
Filings on Record
34
2019–present window
Filed
May 15, 2023
original filing

Summary

Ejf Capital LP reported $270M in U.S.-listed holdings across 96 positions for Q1 2023.

The portfolio is heavily concentrated: JXN alone accounts for 20.6% of reported value.

Compared with Q4 2022, the fund opened 18 new positions and exited 17.

Portfolio Metrics

Turnover
+20.8%
vs prior filed quarter
Top-10 Concentration
+45.3%
share of reported value
Largest Position
+20.6%
Jackson Financial
New / Exited
18 / 17
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: $860MQ4 ’18Q1 ’19: $838MQ2 ’19: $805MQ3 ’19: $734MQ4 ’19: $996MQ4 ’19Q1 ’20: $475MQ2 ’20: $662MQ3 ’20: $1.2BQ4 ’20: $999MQ4 ’20Q1 ’21: $1.4BQ2 ’21: $1.1BQ3 ’21: $1.1BQ4 ’21: $1.1BQ4 ’21Q1 ’22: $935MQ2 ’22: $599MQ3 ’22: $646MQ4 ’22: $325MQ4 ’22Q1 ’23: $270MQ2 ’23: $219MQ3 ’23: $228MQ4 ’23: $191MQ4 ’23Q1 ’24: $144MQ2 ’24: $135MQ3 ’24: $150MQ4 ’24: $146MQ4 ’24Q1 ’25: $158MQ2 ’25: $126MQ3 ’25: $172MQ4 ’25: $176MQ4 ’25Q1 ’26: $142Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.5%Other: 10.2%ETP: 1.3%REIT: 1.3%MLP: 0.4%Other: 0.3%
  • Common Stock · 86.5% · $238M
  • Other · 10.2% · $28M
  • ETP · 1.3% · $4M
  • REIT · 1.3% · $3M
  • MLP · 0.4% · $1M
  • Other · 0.3% · $878,009

Quarter-over-Quarter Changes full breakdown →

vs Q4 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CFGCITIZENS FINL GROUP INCNEW+140.5K140.5K+$4M$4M
LNKBLINKBANCORP INCNEW+609.9K609.9K+$4M$4M
CMACOMERICA INCNEW+90.0K90.0K+$4M$4M
TFCTRUIST FINL CORPNEW+113.8K113.8K+$4M$4M
VLYVALLEY NATL BANCORPNEW+393.1K393.1K+$4M$4M
PINNACLE FINL PARTNERS INCNEW+63.7K63.7K+$4M$4M
USBUS BANCORP DELNEW+83.7K83.7K+$3M$3M
GNWGENWORTH FINL INCNEW+240.0K240.0K+$1M$1M

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

Holdings — Q1 2023

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1JXNJACKSON FINANCIAL INChistory →COM CL A20.57%$56M1.49M
2PAGAYA TECHNOLOGIES LTDCL A SHS5.93%$16M15.71M
3CCBCOASTAL FINL CORP WAhistory →COM NEW3.63%$10M273.0K
4LNKBLINKBANCORP INCREVEALEDhistory →COM3.02%$8M1.06M
5OSBCOLD SECOND BANCORP INC ILLhistory →COM2.36%$6M453.9K
6MCBMETROPOLITAN BK HLDG CORPhistory →COM2.33%$6M185.6K
7EFSCENTERPRISE FINL SVCS CORPhistory →COM2.17%$6M131.6K
8FBMSUSDFIRST BANCSHARES INC MShistory →COM2.15%$6M225.1K
9BANCBANC OF CALIFORNIA INChistory →COM2.14%$6M461.1K
10FITBFIFTH THIRD BANCORPhistory →COM2.08%$6M210.9K
11HWCHANCOCK WHITNEY CORPORATIONhistory →COM1.98%$5M147.0K
12ON1OLD NATL BANCORP INDhistory →COM1.87%$5M350.3K
13SYU1SYNOVUS FINL CORPhistory →COM NEW1.84%$5M161.4K
14FUNCFIRST UTD CORPhistory →COM1.81%$5M290.4K
15FRMEFIRST MERCHANTS CORPhistory →COM1.69%$5M138.8K
16WBSWEBSTER FINL CORPhistory →COM1.66%$4M114.1K
17CFGCITIZENS FINL GROUP INChistory →COM1.58%$4M140.5K
18NYCBEURNEW YORK CMNTY BANCORP INChistory →COM1.56%$4M466.0K
19HFWAHERITAGE FINL CORP WASHhistory →COM1.55%$4M196.1K
20MTBM & T BK CORPhistory →COM1.50%$4M34.0K
21FCNCAFIRST CTZNS BANCSHARES INC Nhistory →CL A1.49%$4M4.1K
22CMACOMERICA INChistory →COM1.44%$4M90.0K
23TFCTRUIST FINL CORPhistory →COM1.43%$4M113.8K
24VLYVALLEY NATL BANCORPhistory →COM1.34%$4M393.1K
25PINNACLE FINL PARTNERS INCCOM1.30%$4M63.7K
26PCBPCB BANCORPhistory →COM1.23%$3M229.9K
27FRSTPRIMIS FINANCIAL CORPhistory →COM1.18%$3M330.7K
28BWBBRIDGEWATER BANCSHARES INChistory →COM ACCD INV1.14%$3M283.6K
29RBKBRHINEBECK BANCORP INChistory →COM1.13%$3M401.2K
30USBUS BANCORP DELhistory →COM NEW1.12%$3M83.7K
31CROSSFIRST BANKSHARES INCCOM1.07%$3M277.0K
32CCNECNB FINL CORP PAhistory →COM1.07%$3M150.1K
33MVBFMVB FINL CORPCOM0.99%$3M129.9K
34SFSTSOUTHERN FIRST BANCSHARESCOM0.98%$3M86.5K
35CADECADENCE BANKCOM0.96%$3M125.3K
36NXDTNEXPOINT DIVERSIFIED REL ETCOM NEW0.93%$3M243.6K
37ZIONZIONS BANCORPORATION N ACOM0.83%$2M74.6K
38MBINMERCHANTS BANCORP INDCOM0.80%$2M83.4K
39BROADWAY FINL CORP DELCOM0.69%$2M1.77M
40EBCEASTERN BANKSHARES INCCOM0.68%$2M145.4K
41WF2WINTRUST FINL CORPCOM0.62%$2M22.8K
42PGCPEAPACK-GLADSTONE FINL CORPCOM0.59%$2M54.0K
43COFCAPITAL ONE FINL CORPCOM0.57%$2M16.1K
44ASSURED GUARANTY LTDCOM0.52%$1M28.0K
45QCRHQCR HOLDINGS INCCOM0.50%$1M30.6K
46BPOPPOPULAR INCCOM NEW0.48%$1M22.8K
47SLMSLM CORPCOM0.48%$1M104.9K
48EQHEQUITABLE HLDGS INCCOM0.47%$1M50.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$142M69May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$176M76Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$172M73Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$126M71Aug 14, 202513F-HRchanges · EDGAR ↗
Q1 2025$158M77May 15, 202513F-HRchanges · EDGAR ↗
Q4 2024$146M90Feb 14, 202513F-HRchanges · EDGAR ↗
Q3 2024$150M96Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$135M99Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$144M94May 16, 2024RESTATEMENTchanges · EDGAR ↗
Q4 2023$191M93Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$228M91Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$219M97Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$270M96May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$325M96Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$646M116Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$599M120Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022REVEALED$935M121May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.1B291Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.1B336Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.1B344Aug 13, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.4B314May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$999M205Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.2B155Nov 16, 202013F-HRchanges · EDGAR ↗
Q2 2020$662M121Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$475M104May 15, 202013F-HRchanges · EDGAR ↗
Q4 2019$996M98Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$734M93Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$805M102Aug 14, 201913F-HRchanges · EDGAR ↗
Q1 2019$838M113May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$860M108Feb 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 ↗.