SEC 13F Intelligence

Managers / Q3 2019 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$413M
Q3 2019
Positions
139
Filings on Record
24
2019–present window
Filed
Nov 14, 2019
original filing

Summary

Bhz Capital Management, LP reported $413M in U.S.-listed holdings across 139 positions for Q3 2019.

Its largest position, HTH, represents 5.6% of the portfolio.

Compared with Q2 2019, the fund opened 5 new positions and exited 13.

Portfolio Metrics

Turnover
+10.0%
vs prior filed quarter
Top-10 Concentration
+32.6%
share of reported value
Largest Position
+5.6%
Hilltop
New / Exited
5 / 13
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: 86.5%Other: 13.5%
  • Common Stock · 86.5% · $357M
  • Other · 13.5% · $56M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
THFFFIRST FINL CORP INDNEW+93.1K93.1K+$4M$4M
PCBPCB BANCORPNEW+191.7K191.7K+$3M$3M
BCMLBAYCOM CORPNEW+94.3K94.3K+$2M$2M
CMACOMERICA INCNEW+26.6K26.6K+$2M$2M
FITBFIFTH THIRD BANCORPNEW+25.2K25.2K+$690,000$690,000
LF2PACIFIC PREMIER BANCORPADDED+30.7K30.7K+$10,000$958,000
FRBKQREPUBLIC FIRST BANCORP INCADDED+716.3K797.5K+$3M$3M
FMBIUSDFIRST MIDWEST BANCORP DELADDED+129.6K156.5K+$2M$3M

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

Holdings — Q3 2019

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HTHHILLTOP HOLDINGS INChistory →COM5.57%$23M961.9K
2TCBITEXAS CAPITAL BANCSHARES INChistory →COM3.93%$16M297.1K
3FRANKLIN FINL NETWORK INCCOM3.74%$15M511.2K
4CUBICUSTOMERS BANCORP INChistory →COM3.45%$14M686.4K
5BKUBANKUNITED INChistory →COM3.31%$14M406.0K
6IBOCINTERNATIONAL BANCSHARES CORhistory →COM3.19%$13M340.8K
7PACWUSDPACWEST BANCORP DELhistory →COM2.57%$11M291.7K
8MCHBHOMESTREET INChistory →COM2.48%$10M374.4K
9HOPEHOPE BANCORP INChistory →COM2.32%$10M668.6K
10CSTRUSDCAPSTAR FINL HLDGS INChistory →COM2.07%$9M514.8K
11DCOMUSDDIME CMNTY BANCSHAREShistory →COM1.93%$8M371.5K
12NORTHEAST BANCORPCOM NEW1.84%$8M343.5K
13FSBWFS BANCORP INChistory →COM1.81%$7M142.4K
14IBERIABANK CORPCOM1.63%$7M89.0K
15CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.54%$6M293.3K
16FISIFINANCIAL INSTNS INChistory →COM1.51%$6M207.2K
17RBBRBB BANCORPhistory →COM1.36%$6M284.4K
18FW2NBANNER CORPhistory →COM NEW1.32%$5M96.7K
19BANK COMM HLDGSCOM1.31%$5M496.9K
20PKBKPARKE BANCORP INChistory →COM1.30%$5M240.8K
21ISBCUSDINVESTORS BANCORP INC NEWhistory →COM1.29%$5M468.1K
22WSBFWATERSTONE FINL INC MDhistory →COM1.26%$5M302.4K
23CADEEURCADENCE BANCORPORATIONhistory →CL A1.24%$5M293.0K
24OPBKOP BANCORPhistory →COM1.22%$5M513.0K
25OLBKOLD LINE BANCSHARES INChistory →COM1.21%$5M172.8K
26EGBNEAGLE BANCORP INC MDhistory →COM1.21%$5M111.7K
27FCBPFIRST CHOICE BANCORPhistory →COM1.17%$5M226.9K
28TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.16%$5M143.3K
29WF2WINTRUST FINL CORPhistory →COM1.02%$4M65.4K
30FFWMFIRST FNDTN INChistory →COM1.02%$4M276.1K
31THFFFIRST FINL CORP INDCOM0.98%$4M93.1K
32ENFCUSDENTEGRA FINL CORPCOM0.96%$4M132.2K
33OPBUSDOPUS BK IRVINE CALIFCOM0.94%$4M179.0K
34BFINUSDBANKFINANCIAL CORPCOM0.91%$4M315.0K
35FBIZFIRST BUS FINL SVCS INC WISCOM0.85%$3M145.0K
36ALLEGIANCE BANCSHARES INCCOM0.84%$3M108.1K
37ACBIUSDATLANTIC CAP BANCSHARES INCCOM0.84%$3M199.2K
38FRBKQREPUBLIC FIRST BANCORP INCCOM0.81%$3M797.5K
39CNOBCONNECTONE BANCORP INC NEWCOM0.80%$3M149.0K
40FNBFNB CORP PACOM0.79%$3M282.3K
41PCBPCB BANCORPCOM0.76%$3M191.7K
42CLBKCOLUMBIA FINL INCCOM0.75%$3M197.2K
43FIRST BANK WILLIAMSTOWN NJCOM0.75%$3M286.3K
44FMBIUSDFIRST MIDWEST BANCORP DELCOM0.74%$3M156.5K
45SMBKSMARTFINANCIAL INCCOM NEW0.72%$3M143.6K
46FL8FLUSHING FINL CORPCOM0.70%$3M144.0K
47CVCYUSDCENTRAL VALLEY CMNTY BANCORPCOM0.70%$3M142.8K
48FIRST FINANCIAL NORTHWEST INCOM0.69%$3M194.0K
49SLCTSELECT BANCORP INC NEWCOM0.66%$3M236.5K
50LBAIUSDLAKELAND BANCORP INCCOM0.65%$3M174.0K

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 ↗.