SEC 13F Intelligence

Managers / Q1 2020 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$266M
Q1 2020
Positions
142
Filings on Record
24
2019–present window
Filed
May 6, 2020
original filing

Summary

Bhz Capital Management, LP reported $266M in U.S.-listed holdings across 142 positions for Q1 2020.

Its largest position, PACWUSD, represents 5.0% of the portfolio.

Compared with Q4 2019, the fund opened 11 new positions and exited 17.

Portfolio Metrics

Turnover
+9.5%
vs prior filed quarter
Top-10 Concentration
+32.1%
share of reported value
Largest Position
+5.0%
Pacwest Bancorp
New / Exited
11 / 17
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: 87.4%Other: 12.6%
  • Common Stock · 87.4% · $232M
  • Other · 12.6% · $33M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
SYU1SYNOVUS FINL CORPNEW+551.9K551.9K+$10M$10M
SB ONE BANCORPNEW+154.2K154.2K+$3M$3M
CAROEURCAROLINA FINL CORP NEWNEW+65.6K65.6K+$2M$2M
ZIONZIONS BANCORPORATION N ANEW+26.8K26.8K+$717,000$717,000
BRBSBLUE RIDGE BANKSHARES INC VANEW+40.0K40.0K+$638,000$638,000
MACATAWA BK CORPNEW+72.8K72.8K+$518,000$518,000
SBTEURSTERLING BANCORP INCNEW+34.5K34.5K+$361,000$361,000
CHMGCHEMUNG FINL CORPNEW+6.9K6.9K+$229,000$229,000

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

Holdings — Q1 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PACWUSDPACWEST BANCORP DELhistory →COM5.02%$13M744.9K
2HTHHILLTOP HOLDINGS INChistory →COM4.23%$11M743.8K
3WF2WINTRUST FINL CORPhistory →COM3.77%$10M304.9K
4SYU1SYNOVUS FINL CORPhistory →COM NEW3.64%$10M551.9K
5FRANKLIN FINL NETWORK INCCOM2.92%$8M381.4K
6IBOCINTERNATIONAL BANCSHARES CORhistory →COM2.92%$8M289.3K
7CUBICUSTOMERS BANCORP INChistory →COM2.72%$7M661.3K
8BKUBANKUNITED INChistory →COM2.59%$7M368.8K
9TCBITEXAS CAPITAL BANCSHARES INChistory →COM2.29%$6M274.1K
10CSTRUSDCAPSTAR FINL HLDGS INChistory →COM2.02%$5M544.4K
11FSBWFS BANCORP INChistory →COM1.63%$4M120.7K
12FRBKQREPUBLIC FIRST BANCORP INChistory →COM1.61%$4M1.95M
13HOPEHOPE BANCORP INChistory →COM1.58%$4M509.7K
14FW2NBANNER CORPhistory →COM NEW1.54%$4M123.6K
15FISIFINANCIAL INSTNS INChistory →COM1.44%$4M211.5K
16IBERIABANK CORPCOM1.44%$4M106.1K
17RBBRBB BANCORPhistory →COM1.42%$4M276.0K
18BANK COMM HLDGSCOM1.42%$4M479.4K
19OPBKOP BANCORPhistory →COM1.38%$4M493.5K
20CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.32%$4M234.9K
21XHCHERITAGE COMMERCE CORPhistory →COM1.30%$3M450.4K
22PMBCPACIFIC MERCANTILE BANCORPhistory →COM1.22%$3M687.8K
23ABCBAMERIS BANCORPhistory →COM1.20%$3M133.8K
24FCBPFIRST CHOICE BANCORPhistory →COM1.19%$3M210.4K
25THFFFIRST FINL CORP INDhistory →COM1.17%$3M92.6K
26PKBKPARKE BANCORP INChistory →COM1.15%$3M227.6K
27TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.15%$3M138.5K
28OPBUSDOPUS BK IRVINE CALIFhistory →COM1.12%$3M172.1K
29CVCYUSDCENTRAL VALLEY CMNTY BANCORPhistory →COM1.07%$3M218.9K
30SB ONE BANCORPCOM0.99%$3M154.2K
31FNBFNB CORP PACOM0.98%$3M352.0K
32CLBKCOLUMBIA FINL INCCOM0.93%$2M172.2K
33NORTHEAST BANCORPCOM NEW0.92%$2M209.9K
34BFINUSDBANKFINANCIAL CORPCOM0.92%$2M277.1K
35FFWMFIRST FNDTN INCCOM0.89%$2M232.8K
36EGBNEAGLE BANCORP INC MDCOM0.89%$2M78.7K
37ACBIUSDATLANTIC CAP BANCSHARES INCCOM0.89%$2M199.2K
38FIRST BANK WILLIAMSTOWN NJCOM0.86%$2M330.8K
39CADEEURCADENCE BANCORPORATIONCL A0.81%$2M330.3K
40MBINMERCHANTS BANCORP INDCOM0.78%$2M136.2K
41WSBCWESBANCO INCCOM0.77%$2M86.2K
42SMBKSMARTFINANCIAL INCCOM NEW0.77%$2M134.0K
43FBIZFIRST BUS FINL SVCS INC WISCOM0.73%$2M125.7K
44GSBCGREAT SOUTHN BANCORP INCCOM0.71%$2M46.8K
45RANDOLPH BANCORP INCCOM0.71%$2M195.7K
46FIRST FINANCIAL NORTHWEST INCOM0.69%$2M183.8K
47PB BANCORP INCCOM0.68%$2M121.0K
48FCCYUSD1ST CONSTITUTION BANCORPCOM0.68%$2M135.6K
49PCBPCB BANCORPCOM0.67%$2M181.1K
50SLCTSELECT BANCORP INC NEWCOM0.66%$2M231.4K

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 ↗.