SEC 13F Intelligence

Managers / Q1 2019 · view latest →

BHZ CAPITAL MANAGEMENT, LP

CIK 0001618872 · 2025 GATEWAY PLACE, SUITE 405, SAN JOSE, CA, 95110 · 408-998-5438

Reported Value
$399M
Q1 2019
Positions
138
Filings on Record
24
2019–present window
Filed
May 10, 2019
original filing

Summary

Bhz Capital Management, LP reported $399M in U.S.-listed holdings across 138 positions for Q1 2019.

Its largest position, HTH, represents 4.7% of the portfolio.

Compared with Q4 2018, the fund opened 25 new positions and exited 18.

Portfolio Metrics

Turnover
+15.6%
vs prior filed quarter
Top-10 Concentration
+32.6%
share of reported value
Largest Position
+4.7%
Hilltop
New / Exited
25 / 18
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: $379MQ4 ’18Q1 ’19: $399MQ2 ’19: $417MQ3 ’19: $413MQ3 ’19Q4 ’19: $426MQ1 ’20: $266MQ2 ’20: $254MQ2 ’20Q3 ’20: $236MQ4 ’20: $296MQ1 ’21: $315MQ1 ’21Q2 ’21: $269MQ3 ’21: $294MQ4 ’21: $294MQ4 ’21Q1 ’22: $297MQ2 ’22: $247MQ3 ’22: $240MQ3 ’22Q4 ’22: $227MQ1 ’23: $215MQ2 ’23: $143MQ2 ’23Q3 ’23: $121MQ4 ’23: $189MQ1 ’24: $88MQ1 ’24Q2 ’24: $0filingsflow.com

Portfolio Composition

By security type
Common Stock: 84.1%Other: 15.9%
  • Common Stock · 84.1% · $336M
  • Other · 15.9% · $63M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2018 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HFBCHOPFED BANCORP INCNEW+621.3K621.3K+$12M$12M
CADEEURCADENCE BANCORPORATIONNEW+306.9K306.9K+$6M$6M
VBTXVERITEX HLDGS INCNEW+150.0K150.0K+$4M$4M
FIRST BANK WILLIAMSTOWN NJNEW+287.2K287.2K+$3M$3M
FBMSUSDFIRST BANCSHARES INC MSNEW+101.2K101.2K+$3M$3M
LBAIUSDLAKELAND BANCORP INCNEW+139.7K139.7K+$2M$2M
TCF FINL CORPNEW+75.2K75.2K+$2M$2M
BB3BROOKLINE BANCORP INC DELNEW+106.5K106.5K+$2M$2M

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

Holdings — Q1 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HTHHILLTOP HOLDINGS INChistory →COM4.65%$19M1.02M
2BKUBANKUNITED INChistory →COM3.90%$16M466.5K
3FRANKLIN FINL NETWORK INCCOM3.84%$15M529.1K
4TCBITEXAS CAPITAL BANCSHARES INChistory →COM3.59%$14M262.4K
5IBOCINTERNATIONAL BANCSHARES CORhistory →COM3.21%$13M337.0K
6CUBICUSTOMERS BANCORP INChistory →COM3.13%$12M682.0K
7HFBCHOPFED BANCORP INChistory →COM3.07%$12M621.3K
8MCHBHOMESTREET INChistory →COM2.55%$10M387.0K
9PACWUSDPACWEST BANCORP DELhistory →COM2.54%$10M269.4K
10HOPEHOPE BANCORP INChistory →COM2.13%$9M650.6K
11EGBNEAGLE BANCORP INC MDhistory →COM2.04%$8M162.0K
12ORITORITANI FINL CORP DELhistory →COM2.01%$8M483.1K
13DCOMUSDDIME CMNTY BANCSHAREShistory →COM1.94%$8M413.2K
14NORTHEAST BANCORPCOM NEW1.89%$8M365.5K
15FSBWFS BANCORP INChistory →COM1.83%$7M144.8K
16IBERIABANK CORPCOM1.82%$7M101.3K
17CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.70%$7M310.4K
18CADEEURCADENCE BANCORPORATIONhistory →CL A1.43%$6M306.9K
19FW2NBANNER CORPhistory →COM NEW1.42%$6M104.5K
20FISIFINANCIAL INSTNS INChistory →COM1.42%$6M207.9K
21WSBFWATERSTONE FINL INC MDhistory →COM1.36%$5M330.7K
22RBBRBB BANCORPhistory →COM1.36%$5M288.3K
23PKBKPARKE BANCORP INChistory →COM1.34%$5M255.4K
24ISBCUSDINVESTORS BANCORP INC NEWhistory →COM1.33%$5M448.9K
25BANK COMM HLDGSCOM1.31%$5M495.4K
26WF2WINTRUST FINL CORPhistory →COM1.23%$5M73.2K
27FCBPFIRST CHOICE BANCORPhistory →COM1.22%$5M225.7K
28OPBKOP BANCORPhistory →COM1.12%$4M511.9K
29SI FINL GROUP INC MDCOM1.12%$4M344.9K
30TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.03%$4M145.5K
31VBTXVERITEX HLDGS INCCOM0.91%$4M150.0K
32OPBUSDOPUS BK IRVINE CALIFCOM0.89%$4M179.0K
33ACBIUSDATLANTIC CAP BANCSHARES INCCOM0.89%$4M198.4K
34HAMILTON BANCORP INC MDCOM0.88%$3M234.7K
35FFWMFIRST FNDTN INCCOM0.84%$3M248.1K
36PACIFIC CITY FINANCIAL CORPCOM NEW0.84%$3M192.5K
37CNOBCONNECTONE BANCORP INC NEWCOM0.84%$3M170.3K
38FIRST BANK WILLIAMSTOWN NJCOM0.83%$3M287.2K
39SLCTSELECT BANCORP INC NEWCOM0.82%$3M288.3K
40PFBCPREFERRED BK LOS ANGELES CACOM NEW0.79%$3M70.5K
41FBMSUSDFIRST BANCSHARES INC MSCOM0.78%$3M101.2K
42FIRST FINANCIAL NORTHWEST INCOM0.76%$3M193.1K
43FBIZFIRST BUS FINL SVCS INC WISCOM0.75%$3M148.6K
44SMBKSMARTFINANCIAL INCCOM NEW0.74%$3M155.8K
45FMBHFIRST MID ILL BANCSHARES INCCOM0.72%$3M86.0K
46CVCYUSDCENTRAL VALLEY CMNTY BANCORPCOM0.70%$3M143.5K
47CSTRUSDCAPSTAR FINL HLDGS INCCOM0.67%$3M185.7K
48ASRVAMERISERV FINL INCCOM0.65%$3M647.5K
49HBMDHOWARD BANCORP INCCOM0.65%$3M174.4K
50FNBFNB CORP PACOM0.63%$3M237.3K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q2 2024$01Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$88M42May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$189M62Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$121M65Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$143M71Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$215M111May 16, 202313F-HRchanges · EDGAR ↗
Q4 2022$227M116Feb 13, 202313F-HRchanges · EDGAR ↗
Q3 2022$240M122Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$247M119Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$297M141May 11, 202213F-HRchanges · EDGAR ↗
Q4 2021$294M135Feb 7, 202213F-HRchanges · EDGAR ↗
Q3 2021$294M135Nov 4, 202113F-HRchanges · EDGAR ↗
Q2 2021$269M127Aug 10, 202113F-HRchanges · EDGAR ↗
Q1 2021$315M134May 10, 202113F-HRchanges · EDGAR ↗
Q4 2020$296M140Feb 10, 202113F-HRchanges · EDGAR ↗
Q3 2020$236M140Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$254M138Aug 10, 202013F-HRchanges · EDGAR ↗
Q1 2020$266M142May 6, 202013F-HRchanges · EDGAR ↗
Q4 2019$426M148Feb 14, 202013F-HRchanges · EDGAR ↗
Q3 2019$413M139Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$417M147Aug 9, 201913F-HRchanges · EDGAR ↗
Q1 2019$399M138May 10, 201913F-HRchanges · EDGAR ↗
Q4 2018$379M131Feb 15, 2019RESTATEMENTchanges · 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 ↗.