SEC 13F Intelligence

Managers / Q2 2019 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$417M
Q2 2019
Positions
147
Filings on Record
24
2019–present window
Filed
Aug 9, 2019
original filing

Summary

Bhz Capital Management, LP reported $417M in U.S.-listed holdings across 147 positions for Q2 2019.

Its largest position, HTH, represents 5.2% of the portfolio.

Compared with Q1 2019, the fund opened 16 new positions and exited 7.

Portfolio Metrics

Turnover
+7.6%
vs prior filed quarter
Top-10 Concentration
+33.0%
share of reported value
Largest Position
+5.2%
Hilltop
New / Exited
16 / 7
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: 84.8%Other: 15.2%
  • Common Stock · 84.8% · $354M
  • Other · 15.2% · $63M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CITIZENS FIRST CORPNEW+67.2K67.2K+$2M$2M
SFNCSIMMONS 1ST NATL CORPNEW+72.3K72.3K+$2M$2M
ORRFORRSTOWN FINL SVCS INCNEW+45.9K45.9K+$1M$1M
OLBKOLD LINE BANCSHARES INCNEW+36.9K36.9K+$981,000$981,000
FCCOFIRST CMNTY CORP S CNEW+50.1K50.1K+$928,000$928,000
WSBCWESBANCO INCNEW+18.9K18.9K+$728,000$728,000
FMBIUSDFIRST MIDWEST BANCORP DELNEW+26.9K26.9K+$551,000$551,000
FRBKQREPUBLIC FIRST BANCORP INCNEW+81.1K81.1K+$398,000$398,000

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

Holdings — Q2 2019

50 positions
#IssuerClass% PortfolioValueShares
1HTHHILLTOP HOLDINGS INChistory →COM5.19%$22M1.02M
2TCBITEXAS CAPITAL BANCSHARES INChistory →COM3.95%$16M268.4K
3FRANKLIN FINL NETWORK INCCOM3.80%$16M569.3K
4CUBICUSTOMERS BANCORP INChistory →COM3.44%$14M682.8K
5BKUBANKUNITED INChistory →COM3.28%$14M406.0K
6IBOCINTERNATIONAL BANCSHARES CORhistory →COM3.03%$13M335.8K
7HFBCHOPFED BANCORP INChistory →COM3.02%$13M664.5K
8MCHBHOMESTREET INChistory →COM2.66%$11M374.4K
9PACWUSDPACWEST BANCORP DELhistory →COM2.47%$10M265.6K
10HOPEHOPE BANCORP INChistory →COM2.21%$9M668.6K
11NORTHEAST BANCORPCOM NEW1.89%$8M359.2K
12FSBWFS BANCORP INChistory →COM1.79%$7M143.7K
13DCOMUSDDIME CMNTY BANCSHAREShistory →COM1.72%$7M378.0K
14ORITORITANI FINL CORP DELhistory →COM1.64%$7M386.8K
15IBERIABANK CORPCOM1.62%$7M89.0K
16CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.59%$7M295.4K
17FISIFINANCIAL INSTNS INChistory →COM1.49%$6M213.3K
18EGBNEAGLE BANCORP INC MDhistory →COM1.45%$6M111.7K
19PKBKPARKE BANCORP INChistory →COM1.39%$6M242.7K
20FW2NBANNER CORPhistory →COM NEW1.36%$6M104.8K
21RBBRBB BANCORPhistory →COM1.34%$6M288.3K
22OPBKOP BANCORPhistory →COM1.33%$6M513.0K
23ISBCUSDINVESTORS BANCORP INC NEWhistory →COM1.31%$5M488.7K
24WSBFWATERSTONE FINL INC MDhistory →COM1.29%$5M316.4K
25BANK COMM HLDGSCOM1.27%$5M494.8K
26FCBPFIRST CHOICE BANCORPhistory →COM1.24%$5M228.1K
27TCF FINL CORPCOM1.20%$5M241.4K
28TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.17%$5M144.2K
29WF2WINTRUST FINL CORPhistory →COM1.14%$5M64.8K
30FFWMFIRST FNDTN INChistory →COM1.07%$4M332.7K
31CADEEURCADENCE BANCORPORATIONhistory →CL A1.06%$4M213.4K
32ENFCUSDENTEGRA FINL CORPCOM0.95%$4M132.2K
33CNOBCONNECTONE BANCORP INC NEWCOM0.92%$4M170.3K
34OPBUSDOPUS BK IRVINE CALIFCOM0.91%$4M179.0K
35CSTRUSDCAPSTAR FINL HLDGS INCCOM0.87%$4M238.4K
36FNBFNB CORP PACOM0.86%$4M304.8K
37FBIZFIRST BUS FINL SVCS INC WISCOM0.84%$3M148.6K
38ACBIUSDATLANTIC CAP BANCSHARES INCCOM0.83%$3M202.6K
39FIRST BANK WILLIAMSTOWN NJCOM0.81%$3M287.2K
40PACIFIC CITY FINANCIAL CORPCOM NEW0.79%$3M192.5K
41SMBKSMARTFINANCIAL INCCOM NEW0.75%$3M143.6K
42CVCYUSDCENTRAL VALLEY CMNTY BANCORPCOM0.74%$3M143.2K
43CLBKCOLUMBIA FINL INCCOM0.68%$3M186.7K
44ALLEGIANCE BANCSHARES INCCOM0.66%$3M83.2K
45FMBHFIRST MID ILL BANCSHARES INCCOM0.66%$3M79.1K
46FIRST FINANCIAL NORTHWEST INCOM0.66%$3M194.0K
47ASRVAMERISERV FINL INCCOM0.65%$3M652.7K
48SLCTSELECT BANCORP INC NEWCOM0.65%$3M236.5K
49GSBCGREAT SOUTHN BANCORP INCCOM0.62%$3M43.5K
50SONAUSDSOUTHERN NATL BANCORP OF VACOM0.62%$3M170.0K

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 ↗.