SEC 13F Intelligence

Managers / Q3 2020 · view latest →

JCSD Capital, LLC

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

Reported Value
$82M
Q3 2020
Positions
52
Filings on Record
26
2019–present window
Filed
Nov 12, 2020
original filing

Summary

Jcsd Capital, LLC reported $82M in U.S.-listed holdings across 52 positions for Q3 2020.

Its largest position, KRE, represents 10.8% of the portfolio.

Compared with Q2 2020, the fund opened 15 new positions and exited 2.

Portfolio Metrics

Turnover
+17.5%
vs prior filed quarter
Top-10 Concentration
+50.1%
share of reported value
Largest Position
+10.8%
Spdr S P Regional Banking Etf
New / Exited
15 / 2
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, 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: 69.4%Other: 19.7%ETP: 10.8%
  • Common Stock · 69.4% · $57M
  • Other · 19.7% · $16M
  • ETP · 10.8% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
KRESPDR S&P Regional Banking ETFNEW+249.0K249.0K+$9M$9M
CCitigroupNEW+45.4K45.4K+$2M$2M
RBNCReliant BancorpNEW+121.2K121.2K+$2M$2M
UCBUnited Community Banks IncNEW+100.0K100.0K+$2M$2M
South State CorpNEW+25.0K25.0K+$1M$1M
COFCapital One FinancialNEW+12.0K12.0K+$862,000$862,000
UBSIUnited Bankshares IncNEW+40.0K40.0K+$859,000$859,000
Pacwest Bancorp DELNEW+50.0K50.0K+$854,000$854,000

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

Holdings — Q3 2020

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1KRESPDR S&P Regional Banking ETFhistory →common10.82%$9M249.0K
2UBABUnited Bancorporation Ala CL Ahistory →common6.60%$5M281.3K
3Grandsouth Bancorporationcommon5.44%$4M321.8K
4First Bancshares Inc MScommon5.35%$4M209.4K
5FFBBCommunities First Financial Corphistory →common5.06%$4M173.6K
6FBKFB Financial Corphistory →common3.99%$3M130.6K
7WALWestern Alliance Bancorphistory →common3.76%$3M97.6K
8Pacific Premier Bancorpcommon3.36%$3M137.0K
9Seacoast Commerce Banc Holdingscommon2.90%$2M172.0K
10MNSBMainStreet Bancshares Inchistory →common2.87%$2M192.7K
11FBNCFirst Bancorp NChistory →common2.81%$2M110.4K
12US Metro Bankcommon2.71%$2M1.06M
13FIBKFirst Intst Bancsystem CL Ahistory →common2.66%$2M68.5K
14ISTRInvestar Holding Corphistory →common2.45%$2M156.7K
15CCitigrouphistory →common2.38%$2M45.4K
16RBNCReliant Bancorphistory →common2.14%$2M121.2K
17Metro Phoenix Bankcommon2.11%$2M176.7K
18Pacific West Bankcommon2.08%$2M164.4K
19ABCBAmeris Bancorphistory →common2.08%$2M75.0K
20XHCHeritage Commerce Corphistory →common2.07%$2M255.0K
21UCBUnited Community Banks Inchistory →common2.06%$2M100.0K
22VBTXVeritex Holdings Inchistory →common2.02%$2M97.5K
23FBNCFirst Midwest Bancorp DELhistory →common1.93%$2M147.3K
24ORPBOregon Pacific Bancorphistory →common1.70%$1M358.3K
25ONBOld Natl Bancorp INDhistory →common1.53%$1M100.0K
26South State Corpcommon1.47%$1M25.0K
27BFTLBank of Fincastlehistory →common1.41%$1M563.9K
28GWBKGateway Bank FSBhistory →common1.35%$1M3.00M
29McHenry Bancorp, Inc.common1.35%$1M15.00M
30Southcrest Financial Groupcommon1.18%$970,000147.8K
31CECLCecil Bancorp, Inc.history →common1.15%$945,000367.5K
32Lakeland Bancorp Inccommon1.06%$867,00087.2K
33COFCapital One Financialhistory →common1.05%$862,00012.0K
34UBSIUnited Bankshares Inchistory →common1.05%$859,00040.0K
35Pacwest Bancorp DELcommon1.04%$854,00050.0K
36Altabancorpcommon1.03%$847,00042.1K
37BBTBerkshire Hill Bancorpcommon0.92%$752,00074.4K
38BPOPPopular Inccommon0.88%$725,00020.0K
39BPFHBoston Private Financial Holdingscommon0.67%$552,000100.0K
40BUSEFirst Busey Corpcommon0.58%$477,00030.0K

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 ↗.