SEC 13F Intelligence

Managers / Q1 2026

PL Capital Advisors, LLC

CIK 0001569147 · 750 ELEVENTH STREET SOUTH, SUITE 202, NAPLES, FL, 34102 · 239-777-0187

Reported Value
$332M
Q1 2026
Positions
30
Filings on Record
36
2019–present window
Filed
May 7, 2026
original filing

Summary

Pl Capital Advisors, LLC reported $332M in U.S.-listed holdings across 30 positions for Q1 2026.

Its largest position, FISI, represents 17.4% of the portfolio.

Compared with Q4 2025, the fund opened 5 new positions and exited 1.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+82.3%
share of reported value
Largest Position
+17.4%
Financial Institutions
New / Exited
5 / 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: $329MQ4 ’18Q1 ’19: $345MQ2 ’19: $340MQ3 ’19: $327MQ4 ’19: $366MQ4 ’19Q1 ’20: $213MQ2 ’20: $236MQ3 ’20: $240MQ4 ’20: $312MQ4 ’20Q1 ’21: $411MQ2 ’21: $813MQ1 ’22: $388MQ2 ’22: $348MQ2 ’22Q3 ’22: $342MQ4 ’22: $364MQ1 ’23: $284MQ2 ’23: $250MQ2 ’23Q3 ’23: $250MQ4 ’23: $289MQ1 ’24: $263MQ2 ’24: $241MQ2 ’24Q3 ’24: $281MQ4 ’24: $293MQ1 ’25: $298MQ2 ’25: $300MQ2 ’25Q3 ’25: $301MQ4 ’25: $317MQ1 ’26: $332Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 100.0%
  • Common Stock · 100.0% · $332M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2025 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
BCNBNCCORPNEW+334.9K334.9K+$12M$12M
QC10FLAGSTAR BANK NATIONAL ASSOCIATIONNEW+835.3K835.3K+$11M$11M
SBFGSB FINL GROUPNEW+30.0K30.0K+$630,000$630,000
PBAMPRIVATE BANCORP OF AMERICANEW+7.0K7.0K+$475,930$475,930
FMBHFIRST MID BANCSHARESNEW+3.3K3.3K+$137,739$137,739
RMBIRICHMOND MUTUAL BANCORPORATIONADDED+61.1K61.7K+$828,654$837,527
MFGIMERCHANTS FINL GROUPADDED+1.2K1.4K+$42,542$48,300
PBNCPB FINLADDED+3.6K7.1K+$267,835$461,630

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

Holdings — Q1 2026

30 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FISIFINANCIAL INSTITUTIONShistory →COM17.37%$58M1.82M
2BANCBANC OF CALIFORNIAhistory →COM15.63%$52M2.95M
3EFSCENTERPRISE FINL SERVICEShistory →COM11.97%$40M733.3K
4HBNCHORIZON BANCORPhistory →COM9.06%$30M1.81M
5FRMEFIRST MERCHANTShistory →COM8.02%$27M686.3K
6FNBF N Bhistory →COM5.01%$17M992.8K
7FNWDFINWARD BANCORPhistory →COM4.33%$14M395.7K
8ARBVAMERICAN RIVIERA BANCORPhistory →COM4.05%$13M569.5K
9BCNBNCCORPhistory →COM3.58%$12M334.9K
10QC10FLAGSTAR BANK NATIONAL ASSOCIATIONhistory →COM3.32%$11M835.3K
11IBCPINDEPENDENT BANKhistory →COM3.20%$11M319.0K
12NBTBNBT BANCORPhistory →COM2.67%$9M208.0K
13CWBCCOMMUNITY WEST BANCSHAREShistory →COM2.32%$8M329.6K
14FIRST BANKCOM2.31%$8M478.9K
15CHMGCHEMUNG FINLhistory →COM1.77%$6M109.3K
16MGYRMAGYAR BANCORPCOM0.96%$3M183.3K
17FRSTPRIMIS FINLCOM0.95%$3M237.2K
18ORRFORRSTOWN FINL SERVICESCOM0.70%$2M64.4K
19FT2FIRST HORIZONCOM0.69%$2M100.0K
20PGCPEAPACK-GLADSTONE FINLCOM0.48%$2M45.5K
21FMBMF & M BANKCOM0.32%$1M35.2K
22RMBIRICHMOND MUTUAL BANCORPORATIONCOM0.25%$837,52761.7K
23INBCINBANKSHARESCOM0.19%$643,07154.1K
24SBFGSB FINL GROUPCOM0.19%$630,00030.0K
25FNRNFIRST NORTHERN COMMUNITY BANCORPCOM0.18%$608,98438.3K
26PBAMPRIVATE BANCORP OF AMERICACOM0.14%$475,9307.0K
27PBNCPB FINLCOM0.14%$461,6307.1K
28CBAFCITBA FINLCOM0.14%$457,43511.5K
29FMBHFIRST MID BANCSHARESCOM0.04%$137,7393.3K
30MFGIMERCHANTS FINL GROUPCOM0.01%$48,3001.4K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$332M30May 7, 202613F-HRchanges · EDGAR ↗
Q4 2025$317M26Feb 10, 202613F-HRchanges · EDGAR ↗
Q3 2025$301M26Nov 4, 202513F-HRchanges · EDGAR ↗
Q2 2025$300M25Aug 5, 202513F-HRchanges · EDGAR ↗
Q1 2025$298M27May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$293M29Feb 5, 2025RESTATEMENTchanges · EDGAR ↗
Q3 2024$281M28Oct 29, 202413F-HRchanges · EDGAR ↗
Q2 2024$241M28Jul 17, 202413F-HRchanges · EDGAR ↗
Q1 2024$263M31May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$289M34Feb 2, 202413F-HRchanges · EDGAR ↗
Q3 2023$250M34Nov 6, 202313F-HRchanges · EDGAR ↗
Q2 2023$250M34Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$284M40May 2, 202313F-HRchanges · EDGAR ↗
Q4 2022$364M43Feb 9, 2023RESTATEMENTchanges · EDGAR ↗
Q3 2022$342M41Nov 7, 202213F-HRchanges · EDGAR ↗
Q2 2022$348M39Aug 9, 202213F-HRchanges · EDGAR ↗
Q1 2022$388M42May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021Under review39Jan 26, 202213F-HRchanges · EDGAR ↗
Q3 2021Under review41Nov 8, 202113F-HRchanges · EDGAR ↗
Q2 2021REVEALED$813M81Aug 2, 202113F-HRchanges · EDGAR ↗
Q1 2021$411M41May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$312M40Jan 26, 202113F-HRchanges · EDGAR ↗
Q3 2020$240M40Oct 29, 202013F-HRchanges · EDGAR ↗
Q2 2020$236M41Aug 5, 202013F-HRchanges · EDGAR ↗
Q1 2020$213M36Apr 28, 2020RESTATEMENTchanges · EDGAR ↗
Q4 2019$366M35Feb 19, 2020RESTATEMENTchanges · EDGAR ↗
Q3 2019$327M37Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$340M37Jul 29, 201913F-HRchanges · EDGAR ↗
Q1 2019$345M38Apr 24, 201913F-HRchanges · EDGAR ↗
Q4 2018$329M39Jan 24, 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 ↗.