Managers / Q1 2026
JCSD Capital, LLC
CIK 0001444055 · 1981 N. BROADWAY BLVD., SUITE 270, WALNUT CREEK, CA, 94596 · 925-838-0760
Summary
Jcsd Capital, LLC reported $95M in U.S.-listed holdings across 29 positions for Q1 2026.
The portfolio is heavily concentrated: Ishares Tr alone accounts for 21.0% of reported value.
Compared with Q4 2025, the fund opened 8 new positions and exited 9.
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 · 47.6% · $45M
- ETP · 47.3% · $45M
- Other · 4.3% · $4M
- REIT · 0.8% · $740,250
Quarter-over-Quarter Changes full breakdown →
vs Q4 2025 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| XLFSELECT SECTOR SPDR TR | NEW | +500.0K | 500.0K | +$25M | $25M |
| COFCAPITAL ONE FINL CORP | NEW | +25.1K | 25.1K | +$5M | $5M |
| FIGRFIGURE TECHNOLOGY SOLUTIO | NEW | +115.7K | 115.7K | +$4M | $4M |
| FNBF N B CORP | NEW | +30.0K | 30.0K | +$501,600 | $501,600 |
| WISDOMTREE TR | NEW | +3.2K | 3.2K | +$70,872 | $70,872 |
| ETFIS SER TR I | NEW | +2.0K | 2.0K | +$40,720 | $40,720 |
| TCBXTHIRD COAST BANCSHARES INC | NEW | +154 | 154 | +$5,826 | $5,826 |
| WSFSWSFS FINL CORP | NEW | +35 | 35 | +$2,291 | $2,291 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2026
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | ISHARES TR | CORE S&P500 ETF | 21.05% | $20M | 30.4K |
| 2 | CCBCOASTAL FINL CORP WAhistory → | COM NEW | 11.28% | $11M | 140.1K |
| 3 | FFBBFFB Bancorphistory → | COMMON | 10.78% | $10M | 119.0K |
| 4 | EGBNEAGLE BANCORPORATION INChistory → | COM | 4.81% | $5M | 182.9K |
| 5 | BANK OF N T BUTTERFIELD & SO | SHS NEW | 4.32% | $4M | 77.8K |
| 6 | COFCAPITAL ONE FINL CORPhistory → | COM | 3.88% | $4M | 20.1K |
| 7 | EWBCEAST WEST BANCORP INChistory → | COM | 2.95% | $3M | 26.1K |
| 8 | GDOTGREEN DOT CORPhistory → | CL A | 2.44% | $2M | 205.5K |
| 9 | OSBCOLD SECOND BANCORP INC DELhistory → | COM | 1.58% | $1M | 74.1K |
| 10 | BPOPPOPULAR INChistory → | COM NEW | 1.42% | $1M | 10.0K |
| 11 | CHYMCHIME FINL INChistory → | COM SHS CL A | 1.01% | $955,230 | 51.0K |
| 12 | FIGRFIGURE TECHNOLOGY SOLUTIO | COM CL A | 0.83% | $784,245 | 23.1K |
| 13 | NLYANNALY CAPITAL MANAGEMENT IN | COM NEW | 0.78% | $740,250 | 35.0K |
| 14 | FNBF N B CORP | COM | 0.53% | $501,600 | 30.0K |
| 15 | WISDOMTREE TR | HEDGED HI YLD BD | 0.07% | $70,872 | 3.2K |
| 16 | ETFIS SER TR I | VIRTUS INFRCAP | 0.04% | $40,720 | 2.0K |
| 17 | SPDR SERIES TRUST | STATE STREET SPD | 0.04% | $39,090 | 600 |
| 18 | FOURSHIFT4 PMTS INC | CL A | 0.02% | $22,259 | 509 |
| 19 | UWMCUWM HOLDINGS CORPORATION | COM CL A | 0.01% | $6,512 | 1.8K |
| 20 | VLYVALLEY NATL BANCORP | COM | 0.01% | $6,140 | 500 |
| 21 | TCBXTHIRD COAST BANCSHARES INC | COM | 0.01% | $5,826 | 154 |
| 22 | WSFSWSFS FINL CORP | COM | 0.00% | $2,291 | 35 |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $95M | 29 | Apr 24, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $85M | 29 | Feb 5, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $117M | 25 | Oct 17, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $76M | 26 | Aug 6, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $33M | 20 | Jan 19, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $49M | 30 | Nov 7, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $53M | 41 | Aug 8, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $62M | 50 | Apr 27, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $75M | 67 | Jan 19, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $75M | 76 | Oct 28, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $87M | 88 | Jul 26, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $103M | 75 | May 10, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $105M | 67 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $105M | 67 | Oct 26, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $111M | 63 | Aug 9, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $103M | 73 | May 7, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $89M | 62 | Feb 16, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $82M | 52 | Nov 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $69M | 33 | Aug 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $87M | 41 | May 8, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $134M | 48 | Feb 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $128M | 52 | Nov 6, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $148M | 57 | Aug 12, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $135M | 55 | May 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $138M | 53 | Feb 13, 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 ↗.