SEC 13F Intelligence

Managers / Q3 2025 · view latest →

Stilwell Value LLC

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

Reported Value
$226M
Q3 2025
Positions
31
Filings on Record
30
2019–present window
Filed
Nov 14, 2025
original filing

Summary

Stilwell Value LLC reported $226M in U.S.-listed holdings across 31 positions for Q3 2025.

The portfolio is heavily concentrated: KWY alone accounts for 34.3% of reported value.

Compared with Q2 2025, the fund opened 5 new positions and exited 4.

Portfolio Metrics

Turnover
+4.0%
vs prior filed quarter
Top-10 Concentration
+89.0%
share of reported value
Largest Position
+34.3%
Kingsway Finl Svcs
New / Exited
5 / 4
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: 60.6%PUBLIC: 33.0%Other: 6.3%ETP: 0.2%
  • Common Stock · 60.6% · $137M
  • PUBLIC · 33.0% · $75M
  • Other · 6.3% · $14M
  • ETP · 0.2% · $381,200

Quarter-over-Quarter Changes full breakdown →

vs Q2 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SPDR S&P 500 ETF TRNEW+20.0K20.0K+$13M$13M
LSBKLAKE SHORE BANCORP INCNEW+738.7K738.7K+$10M$10M
WHEELER REAL ESTATE INVT TRNEW+107.5K107.5K+$673,081$673,081
AVBCAVIDIA BANCORP INCNEW+40.0K40.0K+$597,600$597,600
AGQPROSHARES TR IINEW+5.0K5.0K+$381,200$381,200
WHEELER REAL ESTATE INVT TRSOLD OUT−537.6K0−$3M$0
PROVIDENT BANCORP INCSOLD OUT−177.9K0−$2M$0
LAKE SHORE BANCORP INCSOLD OUT−121.9K0−$2M$0

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

Holdings — Q3 2025

28 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KWYKINGSWAY FINL SVCS INChistory →COM NEW34.26%$77M5.30M
2WHEELER REAL ESTATE INVT TR7% SR NT 31 · CV PFD SER B · COM NEW33.30%$75M1.85M
3SFBCSOUND FINL BANCORP INChistory →COM8.35%$19M410.0K
4LSBKLAKE SHORE BANCORP INChistory →COM4.25%$10M738.7K
5IROQIF BANCORP INChistory →COM3.40%$8M297.4K
6CPBICENTRAL PLAINS BANCSHARES INhistory →COM2.64%$6M366.9K
7FSBWFS BANCORP INChistory →COM1.38%$3M78.0K
8NECBNORTHEAST CMNTY BANCORP INChistory →COM1.00%$2M110.0K
9BVFLBV FINL INCCOM NEW0.71%$2M100.0K
10CLSTCATALYST BANCORP INCCOMMON STOCK0.69%$2M117.5K
11NBBKNB BANCORP INCCOM0.62%$1M80.0K
12FDSBFIFTH DIST BANCORP INCCOM0.49%$1M80.0K
13HFBLHOME FED BANCORP INC LA NEWCOM0.49%$1M80.0K
14FSFGFIRST SVGS FINL GROUP INCCOM0.44%$1M32.0K
15MGYRMAGYAR BANCORP INCCOM0.31%$690,80040.0K
16SRBKSR BANCORP INCCOM0.27%$603,60040.0K
17AVBCAVIDIA BANCORP INCCOMMON STOCK0.26%$597,60040.0K
18PBBKPB BANKSHARES INCCOM0.23%$526,12727.4K
19RMBIRICHMOND MUT BANCORPORATIONCOM0.19%$426,30030.0K
20AGQPROSHARES TR IIULTRA SILVER NEW0.17%$381,2005.0K
21ECBKECB BANCORP INCCOM0.14%$317,40020.0K
22PDLBPONCE FINANCIAL GROUP INCCOMMON STOCK0.13%$294,00020.0K
23FBLAFB BANCORP INCCOM0.11%$240,40020.0K
24WSBKWINCHESTER BANCORP INCCOM0.11%$238,75025.0K
25MBBCMARATHON BANCORP INCCOM NEW0.09%$208,60020.0K
26CFSB BANCORP INCCOM0.06%$141,88910.0K
27PG4PRINCIPAL FINANCIAL GROUP INCOM0.02%$45,352547
28METMETLIFE INCCOM0.00%$4,94260

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 ↗.