SEC 13F Intelligence

Managers / Q4 2018 · view latest →

JCSD Capital, LLC

CIK 0001444055 · 1981 N. BROADWAY BLVD., SUITE 270, WALNUT CREEK, CA, 94596 · 925-838-0760

Reported Value
$138M
Q4 2018
Positions
53
Filings on Record
26
2019–present window
Filed
Feb 13, 2019
original filing

Summary

Jcsd Capital, LLC reported $138M in U.S.-listed holdings across 53 positions for Q4 2018.

Its largest position, First Bancshares Inc Ms, represents 6.0% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+41.5%
share of reported value
Largest Position
+6.0%
First Bancshares Inc Ms

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

13F Reported Value
Q4 ’18: $138MQ4 ’18Q1 ’19: $135MQ2 ’19: $148MQ3 ’19: $128MQ4 ’19: $134MQ4 ’19Q1 ’20: $87MQ2 ’20: $69MQ3 ’20: $82MQ4 ’20: $89MQ4 ’20Q1 ’21: $103MQ2 ’21: $111MQ3 ’21: $105MQ4 ’21: $105MQ4 ’21Q1 ’22: $103MQ2 ’22: $87MQ3 ’22: $75MQ4 ’22: $75MQ4 ’22Q1 ’23: $62MQ2 ’23: $53MQ3 ’23: $49MQ4 ’23: $33MQ4 ’23Q2 ’25: $76MQ3 ’25: $117MQ4 ’25: $85MQ1 ’26: $95MQ1 ’26filingsflow.com

Portfolio Composition

By security type
Common Stock: 73.7%Other: 26.3%
  • Common Stock · 73.7% · $101M
  • Other · 26.3% · $36M

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
First Bancshares Inc MSNEW+273.9K273.9K+$8M$8M
SLCTSelect Bancorp IncNEW+557.3K557.3K+$7M$7M
Pacific Premier BancorpNEW+260.0K260.0K+$7M$7M
Grandsouth BancorporationNEW+342.7K342.7K+$6M$6M
FBNCFirst Midwest Bancorp DELNEW+267.3K267.3K+$5M$5M
Bay Banks of Virginia, Inc.NEW+696.7K696.7K+$5M$5M
Evans Bancorp IncNEW+153.0K153.0K+$5M$5M
SVB Financial GroupNEW+25.8K25.8K+$5M$5M

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

Holdings — Q4 2018

47 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1First Bancshares Inc MScommon6.02%$8M273.9K
2SLCTSelect Bancorp Inchistory →common5.02%$7M557.3K
3Pacific Premier Bancorpcommon4.82%$7M260.0K
4Grandsouth Bancorporationcommon4.00%$6M342.7K
5FBNCFirst Midwest Bancorp DELhistory →common3.85%$5M267.3K
6Bay Banks of Virginia, Inc.common3.72%$5M696.7K
7Evans Bancorp Inccommon3.62%$5M153.0K
8SVB Financial Groupcommon3.56%$5M25.8K
9Franklin Financial Networkcommon3.45%$5M180.0K
10SBFGSB Financial Group Inc.history →common3.43%$5M286.9K
11ABCBAmeris Bancorphistory →common3.35%$5M145.6K
12FBNCFirst Bancorp NChistory →common3.32%$5M140.0K
13MNSBMainStreet Bancshares Inchistory →common3.26%$4M263.2K
14Pacwest Bancorp DELcommon3.19%$4M132.0K
15FIBKFirst Intst Bancsystem CL Ahistory →common2.74%$4M103.2K
16BUSEFirst Busey Corphistory →common2.59%$4M145.1K
17ONBOld Natl Bancorp INDhistory →common2.46%$3M220.0K
18Sandy Spring Bancorp Inc.common2.41%$3M105.9K
19OPBKOP Bancorphistory →common2.38%$3M369.0K
20Bank of Commerce Holdingscommon2.31%$3M289.3K
21Cadence Bancorporation CL Acommon1.99%$3M163.0K
22US Metro Bankcommon1.95%$3M759.6K
23PFBCPreferred BK Los Angeles CAhistory →common1.89%$3M59.9K
24Pioneer Bancshares, Inc.common1.86%$3M95.0K
25XHCHeritage Commerce Corphistory →common1.69%$2M205.0K
26WALWestern Alliance Bancorphistory →common1.68%$2M58.4K
27Pacific West Bankcommon1.67%$2M152.9K
28Metro Phoenix Bankcommon1.43%$2M166.7K
29CFRCullen Frost Bankers Inchistory →common1.28%$2M20.0K
30COLBColumbia Bkg Sys Inchistory →common1.23%$2M46.5K
31FCB Financial Holdings Inc CL Acommon1.22%$2M50.0K
32ORPBOregon Pacific Bancorphistory →common1.12%$2M323.5K
33HOMBHome Bancshares, Inc.history →common1.08%$1M90.9K
34TFINTriumph Bancorp Inchistory →common1.08%$1M50.0K
35Highlands Bancorp, Inc.common1.05%$1M95.7K
36First South Bancorp, Inc.common1.04%$1M1.60M
37VABKVirginia National Banksharescommon0.96%$1M38.2K
38Citizens Commerce Bancshares, Inc.common0.94%$1M193.7K
39BFTLBank of Fincastlecommon0.88%$1M486.5K
40PMHGPrime Meridian Holding Companycommon0.87%$1M63.4K
41Green Bancorp Inccommon0.87%$1M70.0K
42SVBISevern Bancorp Annapolis MDcommon0.74%$1M127.9K
43CalWest Bancorpcommon0.69%$950,0003.52M
44WBSWebster Financial Corp Conncommon0.54%$739,00015.0K
45HOPEHope Bancorp Inccommon0.47%$643,00054.2K
46Synovus Financial Corpcommon0.12%$163,0005.1K
47TCBITexas Capital Bancshares Inccommon0.04%$51,0001.0K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$95M29Apr 24, 202613F-HRchanges · EDGAR ↗
Q4 2025$85M29Feb 5, 202613F-HRchanges · EDGAR ↗
Q3 2025$117M25Oct 17, 202513F-HRchanges · EDGAR ↗
Q2 2025$76M26Aug 6, 202513F-HRchanges · EDGAR ↗
Q4 2023$33M20Jan 19, 202413F-HRchanges · EDGAR ↗
Q3 2023$49M30Nov 7, 202313F-HRchanges · EDGAR ↗
Q2 2023$53M41Aug 8, 202313F-HRchanges · EDGAR ↗
Q1 2023$62M50Apr 27, 202313F-HRchanges · EDGAR ↗
Q4 2022$75M67Jan 19, 202313F-HRchanges · EDGAR ↗
Q3 2022$75M76Oct 28, 202213F-HRchanges · EDGAR ↗
Q2 2022$87M88Jul 26, 202213F-HRchanges · EDGAR ↗
Q1 2022$103M75May 10, 202213F-HRchanges · EDGAR ↗
Q4 2021$105M67Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$105M67Oct 26, 202113F-HRchanges · EDGAR ↗
Q2 2021$111M63Aug 9, 202113F-HRchanges · EDGAR ↗
Q1 2021$103M73May 7, 202113F-HRchanges · EDGAR ↗
Q4 2020$89M62Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$82M52Nov 12, 202013F-HRchanges · EDGAR ↗
Q2 2020$69M33Aug 14, 202013F-HRchanges · EDGAR ↗
Q1 2020$87M41May 8, 202013F-HRchanges · EDGAR ↗
Q4 2019$134M48Feb 13, 202013F-HRchanges · EDGAR ↗
Q3 2019$128M52Nov 6, 201913F-HRchanges · EDGAR ↗
Q2 2019$148M57Aug 12, 201913F-HRchanges · EDGAR ↗
Q1 2019$135M55May 9, 201913F-HRchanges · EDGAR ↗
Q4 2018$138M53Feb 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 ↗.