SEC 13F Intelligence

Managers / Q1 2024 · view latest →

Stilwell Value LLC

CIK 0001397076 · 111 BROADWAY, 12TH FLOOR, NEW YORK, NY, 10006 · 2122692005

Reported Value
$193M
Q1 2024
Positions
35
Filings on Record
30
2019–present window
Filed
May 8, 2024
original filing

Summary

Stilwell Value LLC reported $193M in U.S.-listed holdings across 35 positions for Q1 2024.

The portfolio is heavily concentrated: KWY alone accounts for 32.1% of reported value.

Compared with Q4 2023, the fund opened 2 new positions and exited 1.

Portfolio Metrics

Turnover
+2.5%
vs prior filed quarter
Top-10 Concentration
+93.2%
share of reported value
Largest Position
+32.1%
Kingsway Finl Svcs
New / Exited
2 / 1
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: $133MQ4 ’18Q1 ’19: $151MQ2 ’19: $160MQ3 ’19: $133MQ4 ’19: $139MQ4 ’19Q1 ’20: $83MQ2 ’20: $94MQ3 ’20: $96MQ4 ’20: $132MQ4 ’20Q1 ’21: $149MQ2 ’21: $142MQ3 ’21: $157MQ4 ’21: $155MQ4 ’21Q1 ’22: $151MQ2 ’22: $145MQ3 ’22: $139MQ4 ’22: $133MQ4 ’22Q1 ’23: $179MQ2 ’23: $179MQ3 ’23: $183MQ4 ’23: $191MQ4 ’23Q1 ’24: $193MQ2 ’24: $192MQ3 ’24: $211MQ4 ’24: $198MQ4 ’24Q1 ’25: $195MQ2 ’25: $205MQ3 ’25: $226MQ4 ’25: $181MQ4 ’25Q1 ’26: $167Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 52.6%PUBLIC: 32.5%Other: 14.8%REIT: 0.1%
  • Common Stock · 52.6% · $102M
  • PUBLIC · 32.5% · $63M
  • Other · 14.8% · $29M
  • REIT · 0.1% · $141,000

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
NYCBEURNEW YORK CMNTY BANCORP INCNEW+100.0K100.0K+$321,500$321,500
MPTMEDICAL PPTYS TRUST INCNEW+30.0K30.0K+$141,000$141,000
MEDALIST DIVERSIFIED REIT INSOLD OUT−39.0K0−$204,708$0
WHEELER REAL ESTATE INVT TRADDED+13.04M33.91M−$1M$5M
NECBNORTHEAST CMNTY BANCORP INCADDED+25.0K165.0K+$111,850$3M
IROQIF BANCORP INCHELD+9.5K248.8K+$301,131$4M
SFBCSOUND FINL BANCORP INCHELD+2.0K410.0K+$772,531$17M
KWYKINGSWAY FINL SVCS INCHELD−20.4K7.43M−$616,850$62M

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

Holdings — Q1 2024

33 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1WHEELER REAL ESTATE INVT TR7% SR NT 31 · COM · CV PFD SER B35.25%$68M35.74M
2KWYKINGSWAY FINL SVCS INChistory →COM NEW32.08%$62M7.43M
3SFBCSOUND FINL BANCORP INChistory →COM8.64%$17M410.0K
4PROVIDENT BANCORP INCCOM NEW8.63%$17M1.83M
5ICC HLDGS INCCOM2.53%$5M304.8K
6IROQIF BANCORP INChistory →COM2.14%$4M248.8K
7FSBWFS BANCORP INChistory →COM2.07%$4M115.0K
8NECBNORTHEAST CMNTY BANCORP INChistory →COM1.34%$3M165.0K
9GBNYGENERATIONS BANCORP NY INChistory →COM1.16%$2M222.8K
10BVFLBV FINL INCCOM NEW0.82%$2M153.1K
11LAKE SHORE BANCORP INCCOM0.60%$1M100.0K
12NBBKNB BANCORP INCCOM0.57%$1M80.0K
13AFBIAFFINITY BANCSHARES INCCOM0.56%$1M64.8K
14HFBLHOME FED BANCORP INC LA NEWCOM0.53%$1M80.0K
15FSFGFIRST SVGS FINL GROUP INCCOM0.52%$1M60.0K
16CLSTCATALYST BANCORP INCCOMMON STOCK0.25%$473,89340.0K
17ESSA BANCORP INCCOM0.24%$455,75025.0K
18MGYRMAGYAR BANCORP INCCOM0.23%$444,80040.0K
19SRBKSR BANCORP INCCOM0.20%$377,60040.0K
20PBBKPB BANKSHARES INCCOM0.18%$353,86027.4K
21BCOW1895 BANCORP OF WIS INCCOM0.18%$341,00050.0K
22RMBIRICHMOND MUT BANCORPORATIONCOM0.17%$333,60030.0K
23NYCBEURNEW YORK CMNTY BANCORP INCCOM0.17%$321,500100.0K
24FSEAFIRST SEACOAST BANCORP INCCOM0.16%$300,67435.9K
251S4HARBORONE BANCORP INC NEWCOM NEW0.15%$297,23327.9K
26PDLBPONCE FINANCIAL GROUP INCCOMMON STOCK0.14%$267,00030.0K
27ECBKECB BANCORP INCCOM0.13%$259,60020.0K
28CULLCULLMAN BANCORP INCCOM0.13%$248,75025.0K
29CPBICENTRAL PLAINS BANCSHARES INCOM0.11%$204,40020.0K
30MPTMEDICAL PPTYS TRUST INCCOM0.07%$141,00030.0K
31CFSB BANCORP INCCOM0.04%$72,00010.0K
32PG4PRINCIPAL FINANCIAL GROUP INCOM0.02%$47,212547
33METMETLIFE INCCOM0.00%$4,44760

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$167M25May 6, 202613F-HRchanges · EDGAR ↗
Q4 2025$181M24Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$226M31Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$205M30Aug 6, 202513F-HRchanges · EDGAR ↗
Q1 2025$195M30May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$198M32Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$211M33Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$192M34Aug 13, 202413F-HRchanges · EDGAR ↗
Q1 2024$193M35May 8, 202413F-HRchanges · EDGAR ↗
Q4 2023$191M34Feb 12, 202413F-HRchanges · EDGAR ↗
Q3 2023$183M39Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$179M39Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$179M41May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$133M41Feb 10, 202313F-HRchanges · EDGAR ↗
Q3 2022$139M38Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$145M39Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$151M41May 13, 202213F-HRchanges · EDGAR ↗
Q4 2021$155M37Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$157M38Oct 18, 202113F-HRchanges · EDGAR ↗
Q2 2021$142M34Aug 6, 202113F-HRchanges · EDGAR ↗
Q1 2021$149M38May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$132M37Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$96M40Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$94M39Jul 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$83M39May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$139M39Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$133M42Oct 29, 201913F-HRchanges · EDGAR ↗
Q2 2019$160M40Aug 6, 201913F-HRchanges · EDGAR ↗
Q1 2019$151M41May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$133M39Feb 6, 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 ↗.