SEC 13F Intelligence

Managers / Q2 2023 · view latest →

PL Capital Advisors, LLC

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

Reported Value
$250M
Q2 2023
Positions
34
Filings on Record
36
2019–present window
Filed
Aug 10, 2023
original filing

Summary

Pl Capital Advisors, LLC reported $250M in U.S.-listed holdings across 34 positions for Q2 2023.

Its largest position, BANC, represents 15.7% of the portfolio.

Compared with Q1 2023, the fund opened 0 new positions and exited 6.

Portfolio Metrics

Turnover
+1.5%
vs prior filed quarter
Top-10 Concentration
+71.1%
share of reported value
Largest Position
+15.7%
Banc Of California

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: 91.8%REIT: 4.6%Other: 3.6%
  • Common Stock · 91.8% · $230M
  • REIT · 4.6% · $11M
  • Other · 3.6% · $9M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ZIONZIONS BANCORPORATION N AADDED+100.0K120.0K+$3M$3M
SCHWAB CHARLES CORPSOLD OUT−5.0K0−$605,000$0
SFSTSOUTHERN FIRST BANCSHARES INCSOLD OUT−13.0K0−$399,100$0
1S4HARBORONE BANCORP INC.SOLD OUT−30.0K0−$366,000$0
MSBIMIDLAND STATES BANCORP INCSOLD OUT−16.0K0−$342,720$0
INBKFIRST INTERNET BANCORPSOLD OUT−18.0K0−$299,700$0
TQJSIGNATURE BK NEW YORK N YSOLD OUT−36.7K0−$6,716$0
VLYVALLEY NATL BANCORPTRIMMED−47.8K200−$441,970$1,550

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

Holdings — Q2 2023

34 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1BANCBANC OF CALIFORNIAhistory →COM15.73%$39M3.40M
2EFSCENTERPRISE FINL SVCShistory →COM12.03%$30M770.8K
3FRMEFIRST MERCHANTShistory →COM8.47%$21M751.3K
4FNBF N Bhistory →COM8.12%$20M1.78M
5HBNCHORIZON BANCORPhistory →COM6.46%$16M1.55M
6EVBNUSDEVANS BANCORPhistory →COM NEW5.20%$13M522.6K
7MLVFUSDMALVERN BANCORPhistory →COM4.51%$11M717.9K
8OPOFOLD POINT FINLhistory →COM4.19%$10M604.8K
9NYCBEURNEW YORK CMNTY BANCORPhistory →COM3.37%$8M750.0K
10COMMUNITY WEST BANCSHARESCOM3.03%$8M625.6K
11SYFSYNCHRONY FINANCIALhistory →COM2.71%$7M200.0K
12IBCPINDEPENDENT BK MICHhistory →COM2.31%$6M341.0K
13FITBFIFTH THIRD BANCORPhistory →COM2.09%$5M200.1K
14HWBKHAWTHORN BANCSHAREShistory →COM2.09%$5M290.9K
15MBINMERCHANTS BANCORP INDhistory →COM2.00%$5M195.8K
16IVRINVESCO MORTGAGE CAPITALhistory →COM1.77%$4M385.5K
17FRSTPRIMIS FINANCIALhistory →COM1.72%$4M510.2K
18CFGCITIZENS FINL GROUPhistory →COM1.68%$4M161.6K
19ABCBAMERIS BANCORPhistory →COM1.48%$4M108.5K
20CMACOMERICAhistory →COM1.39%$3M82.1K
21ZIONZIONS BANCORPORATION N Ahistory →COM1.29%$3M120.0K
22FISIFINANCIAL INSTNShistory →COM1.28%$3M203.8K
23LFTLUMENT FINANCE TRUSThistory →COM1.20%$3M1.58M
24MGYRMAGYAR BANCORPhistory →COM1.11%$3M268.6K
25LBAIUSDLAKELAND BANCORPhistory →COM1.02%$3M190.0K
26FNWDFINWARD BANCORPCOM0.88%$2M99.2K
27AGNCAGNC INVTCOM0.81%$2M200.1K
28NLYANNALY CAPITAL MANAGEMENTCOM NEW0.80%$2M100.0K
29CODORUS VY BANCORPCOM0.62%$2M78.6K
30CFBKCF BANKSHARESCOM0.22%$559,36537.3K
31KEYKEYCORPCOM0.20%$498,96054.0K
32SBFGSB FINL GROUPCOM0.14%$341,19427.0K
33WF2WINTRUST FINLCOM0.10%$254,1703.5K
34VLYVALLEY NATL BANCORPCOM0.00%$1,550200

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 ↗.