SEC 13F Intelligence

Managers / Q3 2020 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$236M
Q3 2020
Positions
140
Filings on Record
24
2019–present window
Filed
Nov 13, 2020
original filing

Summary

Bhz Capital Management, LP reported $236M in U.S.-listed holdings across 140 positions for Q3 2020.

Its largest position, HTH, represents 5.8% of the portfolio.

Compared with Q2 2020, the fund opened 12 new positions and exited 10.

Portfolio Metrics

Turnover
+6.0%
vs prior filed quarter
Top-10 Concentration
+34.5%
share of reported value
Largest Position
+5.8%
Hilltop
New / Exited
12 / 10
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: 92.0%Other: 8.0%
  • Common Stock · 92.0% · $217M
  • Other · 8.0% · $19M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2020 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
PQ3PROVIDENT FINL SVCS INCNEW+189.0K189.0K+$2M$2M
FT2FIRST HORIZON NATL CORPNEW+104.6K104.6K+$986,000$986,000
UCBUNITED CMTY BKS BLAIRSVLE GNEW+55.7K55.7K+$943,000$943,000
CFBKCF BANKSHARES INCNEW+71.2K71.2K+$860,000$860,000
FNLCFIRST BANCORP INC MENEW+14.7K14.7K+$307,000$307,000
NFBKNORTHFIELD BANCORP INC DELNEW+32.9K32.9K+$300,000$300,000
FFBCFIRST FINL BANCORP OHNEW+19.7K19.7K+$236,000$236,000
FXNCFIRST NATL CORPNEW+15.0K15.0K+$212,000$212,000

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

Holdings — Q3 2020

50 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1HTHHILLTOP HOLDINGS INChistory →COM5.83%$14M668.0K
2PACWUSDPACWEST BANCORP DELhistory →COM4.97%$12M685.7K
3WF2WINTRUST FINL CORPhistory →COM4.92%$12M289.6K
4BKUBANKUNITED INChistory →COM4.01%$9M431.6K
5CUBICUSTOMERS BANCORP INChistory →COM3.42%$8M719.7K
6IBOCINTERNATIONAL BANCSHARES CORhistory →COM3.15%$7M284.9K
7CSTRUSDCAPSTAR FINL HLDGS INChistory →COM2.29%$5M550.1K
8GWBGREAT WESTN BANCORP INChistory →COM2.12%$5M400.7K
9FSBWFS BANCORP INChistory →COM1.98%$5M113.6K
10BBTBERKSHIRE HILLS BANCORP INChistory →COM1.83%$4M426.2K
11FW2NBANNER CORPhistory →COM NEW1.68%$4M122.7K
12FRBKQREPUBLIC FIRST BANCORP INChistory →COM1.67%$4M1.99M
13FISIFINANCIAL INSTNS INChistory →COM1.47%$3M225.7K
14BANK COMM HLDGSCOM1.47%$3M497.6K
15NORTHEAST BANCORPCOM NEW1.36%$3M174.4K
16LF2PACIFIC PREMIER BANCORPhistory →COM1.34%$3M156.4K
17RBBRBB BANCORPhistory →COM1.34%$3M277.8K
18TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.26%$3M139.0K
19THFFFIRST FINL CORP INDhistory →COM1.24%$3M92.7K
20SYU1SYNOVUS FINL CORPhistory →COM NEW1.23%$3M136.7K
21CIVBCIVISTA BANCSHARES INChistory →COM NO PAR1.22%$3M230.0K
22FCBPFIRST CHOICE BANCORPhistory →COM1.18%$3M209.8K
23OPBKOP BANCORPhistory →COM1.18%$3M487.3K
24PKBKPARKE BANCORP INChistory →COM1.18%$3M232.8K
25CADEEURCADENCE BANCORPORATIONhistory →CL A1.16%$3M319.0K
26CVCYUSDCENTRAL VALLEY CMNTY BANCORPhistory →COM1.16%$3M221.6K
27ACBIUSDATLANTIC CAP BANCSHARES INChistory →COM1.15%$3M239.7K
28HOPEHOPE BANCORP INChistory →COM1.14%$3M354.1K
29PMBCPACIFIC MERCANTILE BANCORPhistory →COM1.09%$3M690.0K
30TCBITEXAS CAPITAL BANCSHARES INChistory →COM1.08%$3M81.5K
31XHCHERITAGE COMMERCE CORPhistory →COM1.05%$2M370.6K
32RANDOLPH BANCORP INCCOM1.02%$2M192.6K
33PQ3PROVIDENT FINL SVCS INCCOM0.98%$2M189.0K
34FIRST BANK WILLIAMSTOWN NJCOM0.87%$2M331.2K
35BFINUSDBANKFINANCIAL CORPCOM0.86%$2M280.1K
36SONAUSDSOUTHERN NATL BANCORP OF VACOM0.83%$2M225.2K
37FBIZFIRST BUS FINL SVCS INC WISCOM0.81%$2M133.9K
38WSBCWESBANCO INCCOM0.80%$2M88.6K
39SMBKSMARTFINANCIAL INCCOM NEW0.79%$2M137.4K
40EGBNEAGLE BANCORP INC MDCOM0.77%$2M67.9K
41COMMUNITY BANKERS TR CORPCOM0.74%$2M344.9K
42PCBPCB BANCORPCOM0.73%$2M195.0K
43GSBCGREAT SOUTHN BANCORP INCCOM0.72%$2M46.8K
44SLCTSELECT BANCORP INC NEWCOM0.72%$2M235.7K
45FIRST FINANCIAL NORTHWEST INCOM0.71%$2M184.4K
46ASRVAMERISERV FINL INCCOM0.71%$2M591.7K
47FCCYUSD1ST CONSTITUTION BANCORPCOM0.70%$2M139.5K
48SHBISHORE BANCSHARES INCCOM0.62%$1M132.9K
49FNWBFIRST NORTHWEST BANCORPCOM0.61%$1M146.3K
50BSRRSIERRA BANCORPCOM0.59%$1M82.6K

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 ↗.