SEC 13F Intelligence

Managers / Q2 2020 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$254M
Q2 2020
Positions
138
Filings on Record
24
2019–present window
Filed
Aug 10, 2020
original filing

Summary

Bhz Capital Management, LP reported $254M in U.S.-listed holdings across 138 positions for Q2 2020.

Its largest position, PACWUSD, represents 5.3% of the portfolio.

Compared with Q1 2020, the fund opened 7 new positions and exited 11.

Portfolio Metrics

Turnover
+12.6%
vs prior filed quarter
Top-10 Concentration
+34.1%
share of reported value
Largest Position
+5.3%
Pacwest Bancorp
New / Exited
7 / 11
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: 90.7%Other: 9.3%
  • Common Stock · 90.7% · $230M
  • Other · 9.3% · $24M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PEBOPEOPLES BANCORP INCNEW+14.6K14.6K+$311,000$311,000
CARTER BK & TR MARTINSVILLENEW+38.0K38.0K+$307,000$307,000
BFSTBUSINESS FIRST BANCSHARES INNEW+10.5K10.5K+$161,000$161,000
UMPQUSDUMPQUA HLDGS CORPNEW+14.4K14.4K+$153,000$153,000
MNSBMAINSTREET BANCSHARES INCNEW+10.8K10.8K+$142,000$142,000
PCSBUSDPCSB FINL CORPNEW+10.6K10.6K+$134,000$134,000
FULTFULTON FINL CORP PANEW+10.2K10.2K+$107,000$107,000
GWBGREAT WESTN BANCORP INCADDED+395.9K444.1K+$5M$6M

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

Holdings — Q2 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1PACWUSDPACWEST BANCORP DELhistory →COM5.27%$13M679.6K
2WF2WINTRUST FINL CORPhistory →COM5.07%$13M295.3K
3HTHHILLTOP HOLDINGS INChistory →COM5.06%$13M696.4K
4IBOCINTERNATIONAL BANCSHARES CORhistory →COM3.55%$9M281.3K
5CUBICUSTOMERS BANCORP INChistory →COM3.40%$9M719.7K
6BKUBANKUNITED INChistory →COM3.11%$8M390.7K
7CSTRUSDCAPSTAR FINL HLDGS INChistory →COM2.59%$7M547.5K
8GWBGREAT WESTN BANCORP INChistory →COM2.41%$6M444.1K
9FRBKQREPUBLIC FIRST BANCORP INChistory →COM1.85%$5M1.93M
10FW2NBANNER CORPhistory →COM NEW1.81%$5M121.1K
11FSBWFS BANCORP INChistory →COM1.73%$4M113.6K
12FISIFINANCIAL INSTNS INChistory →COM1.57%$4M214.0K
13BBTBERKSHIRE HILLS BANCORP INChistory →COM1.55%$4M356.9K
14RBBRBB BANCORPhistory →COM1.49%$4M277.8K
15BANK COMM HLDGSCOM1.44%$4M482.7K
16NORTHEAST BANCORPCOM NEW1.43%$4M206.5K
17CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.41%$4M233.0K
18LF2PACIFIC PREMIER BANCORPhistory →COM1.37%$3M161.1K
19OPBKOP BANCORPhistory →COM1.35%$3M498.3K
20FCBPFIRST CHOICE BANCORPhistory →COM1.35%$3M209.8K
21SYU1SYNOVUS FINL CORPhistory →COM NEW1.35%$3M167.0K
22THFFFIRST FINL CORP INDhistory →COM1.34%$3M92.6K
23TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.33%$3M139.0K
24CVCYUSDCENTRAL VALLEY CMNTY BANCORPhistory →COM1.33%$3M219.1K
25HOPEHOPE BANCORP INChistory →COM1.29%$3M354.1K
26PKBKPARKE BANCORP INChistory →COM1.23%$3M231.0K
27ACBIUSDATLANTIC CAP BANCSHARES INChistory →COM1.12%$3M233.6K
28CADEEURCADENCE BANCORPORATIONhistory →CL A1.12%$3M319.7K
29XHCHERITAGE COMMERCE CORPhistory →COM1.11%$3M377.3K
30SB ONE BANCORPCOM1.08%$3M139.3K
31PMBCPACIFIC MERCANTILE BANCORPCOM0.99%$3M688.3K
32TCBITEXAS CAPITAL BANCSHARES INCCOM0.99%$3M81.5K
33BFINUSDBANKFINANCIAL CORPCOM0.92%$2M279.6K
34EGBNEAGLE BANCORP INC MDCOM0.90%$2M69.6K
35FRANKLIN FINL NETWORK INCCOM0.88%$2M87.3K
36SMBKSMARTFINANCIAL INCCOM NEW0.85%$2M134.2K
37FIRST BANK WILLIAMSTOWN NJCOM0.85%$2M332.1K
38MBINMERCHANTS BANCORP INDCOM0.85%$2M116.7K
39FBIZFIRST BUS FINL SVCS INC WISCOM0.82%$2M127.2K
40PCBPCB BANCORPCOM0.78%$2M192.9K
41RANDOLPH BANCORP INCCOM0.77%$2M195.7K
42SLCTSELECT BANCORP INC NEWCOM0.76%$2M235.7K
43GSBCGREAT SOUTHN BANCORP INCCOM0.74%$2M46.8K
44WSBCWESBANCO INCCOM0.72%$2M89.8K
45ASRVAMERISERV FINL INCCOM0.72%$2M591.7K
46FIRST FINANCIAL NORTHWEST INCOM0.70%$2M184.4K
47FCCYUSD1ST CONSTITUTION BANCORPCOM0.67%$2M137.0K
48FNWBFIRST NORTHWEST BANCORPCOM0.65%$2M133.4K
49SONAUSDSOUTHERN NATL BANCORP OF VACOM0.64%$2M169.1K
50CLBKCOLUMBIA FINL INCCOM0.63%$2M114.3K

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 ↗.