SEC 13F Intelligence

Managers / Q2 2021 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$269M
Q2 2021
Positions
127
Filings on Record
24
2019–present window
Filed
Aug 10, 2021
original filing

Summary

Bhz Capital Management, LP reported $269M in U.S.-listed holdings across 127 positions for Q2 2021.

Its largest position, CSTRUSD, represents 4.0% of the portfolio.

Compared with Q1 2021, the fund opened 7 new positions and exited 14.

Portfolio Metrics

Turnover
+4.6%
vs prior filed quarter
Top-10 Concentration
+29.0%
share of reported value
Largest Position
+4.0%
Capstar Finl
New / Exited
7 / 14
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, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. 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: 90.3%Other: 9.7%
  • Common Stock · 90.3% · $243M
  • Other · 9.7% · $26M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
FSBCFIVE STAR BANCORPNEW+60.0K60.0K+$1M$1M
SPIRIT OF TEX BANCSHARES INCNEW+26.6K26.6K+$607,000$607,000
BCBPBCB BANCORP INCNEW+33.8K33.8K+$455,000$455,000
GCBCGREENE CNTY BANCORP INCNEW+13.7K13.7K+$385,000$385,000
CCNECNB FINL CORP PANEW+13.8K13.8K+$315,000$315,000
BFSTBUSINESS FIRST BANCSHARES INNEW+9.5K9.5K+$218,000$218,000
CIZNCITIZENS HLDG CO MISSNEW+11.6K11.6K+$214,000$214,000
ZIONZIONS BANCORPORATION N AADDED+23.4K37.7K+$1M$2M

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

Holdings — Q2 2021

127 positions
#IssuerClass% PortfolioValueShares
1CSTRUSDCAPSTAR FINL HLDGS INChistory →COM4.01%$11M526.0K
2WF2WINTRUST FINL CORPhistory →COM3.33%$9M118.4K
3CUBICUSTOMERS BANCORP INChistory →COM3.29%$9M226.9K
4BBTBERKSHIRE HILLS BANCORP INChistory →COM3.14%$8M308.5K
5HTHHILLTOP HOLDINGS INChistory →COM2.81%$8M207.4K
6IBOCINTERNATIONAL BANCSHARES CORhistory →COM2.74%$7M171.8K
7FSBWFS BANCORP INChistory →COM2.63%$7M99.4K
8FRBKQREPUBLIC FIRST BANCORP INChistory →COM2.55%$7M1.72M
9PACWUSDPACWEST BANCORP DELhistory →COM2.26%$6M147.5K
10TCBITEXAS CAPITAL BANCSHARES INChistory →COM2.19%$6M93.0K
11FISIFINANCIAL INSTNS INChistory →COM2.17%$6M195.0K
12BANK COMM HLDGSCOM2.15%$6M384.4K
13FW2NBANNER CORPhistory →COM NEW2.11%$6M104.6K
14PMBCPACIFIC MERCANTILE BANCORPhistory →COM2.00%$5M626.9K
15RBBRBB BANCORPhistory →COM1.92%$5M213.4K
16THFFFIRST FINL CORP INDhistory →COM1.77%$5M116.8K
17XHCHERITAGE COMMERCE CORPhistory →COM1.77%$5M428.0K
18TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.76%$5M137.2K
19PKBKPARKE BANCORP INChistory →COM1.66%$4M228.7K
20CVCYUSDCENTRAL VALLEY CMNTY BANCORPhistory →COM1.64%$4M218.9K
21OPBKOP BANCORPhistory →COM1.60%$4M428.0K
22COMMUNITY BANKERS TR CORPCOM1.51%$4M359.0K
23ACBIUSDATLANTIC CAP BANCSHARES INChistory →COM1.40%$4M147.9K
24FIRST BANK WILLIAMSTOWN NJCOM1.33%$4M263.4K
25FBIZFIRST BUS FINL SVCS INC WIShistory →COM1.24%$3M123.5K
26SMBKSMARTFINANCIAL INChistory →COM NEW1.19%$3M133.1K
27FL8FLUSHING FINL CORPhistory →COM1.14%$3M142.9K
28SLCTSELECT BANCORP INC NEWhistory →COM1.10%$3M184.1K
29PCBPCB BANCORPhistory →COM1.10%$3M183.1K
30LBAIUSDLAKELAND BANCORP INChistory →COM1.08%$3M166.8K
31MFNCMACKINAC FINL CORPhistory →COM1.07%$3M145.0K
32FCCYUSD1ST CONSTITUTION BANCORPhistory →COM1.06%$3M137.4K
33BSRRSIERRA BANCORPhistory →COM1.06%$3M111.7K
34HTBHOMETRUST BANCSHARES INChistory →COM1.05%$3M101.6K
35CIVBCIVISTA BANCSHARES INCCOM NO PAR1.00%$3M121.5K
36PGCPEAPACK-GLADSTONE FINL CORPCOM1.00%$3M86.2K
37FIRST FINANCIAL NORTHWEST INCOM0.95%$3M168.4K
38PQ3PROVIDENT FINL SVCS INCCOM0.93%$2M108.7K
39FNWBFIRST NORTHWEST BANCORPCOM0.89%$2M136.9K
40GSBCGREAT SOUTHN BANCORP INCCOM0.86%$2M43.0K
41ASRVAMERISERV FINL INCCOM0.84%$2M572.2K
42RANDOLPH BANCORP INCCOM0.74%$2M96.6K
43ENTERPRISE BANCORP INC MASSCOM0.74%$2M60.9K
44CFFIC & F FINL CORPCOM0.74%$2M39.1K
45ZIONZIONS BANCORPORATION N ACOM0.74%$2M37.7K
46MOFGMIDWESTONE FINL GROUP INC NECOM0.74%$2M68.8K
47BPRNUSDBANK PRINCETON NEW JERSEYCOM0.73%$2M68.6K
48BFINUSDBANKFINANCIAL CORPCOM0.72%$2M169.6K
49CARTER BK & TR MARTINSVILLECOM0.71%$2M152.1K
50CLBKCOLUMBIA FINL INCCOM0.71%$2M110.5K
51BCMLBAYCOM CORPCOM0.67%$2M100.7K
52CFGCITIZENS FINL GROUP INCCOM0.67%$2M39.3K
53HBCPHOME BANCORP INCCOM0.67%$2M47.1K
54UMPQUSDUMPQUA HLDGS CORPCOM0.64%$2M93.9K
55FLICUSDFIRST LONG IS CORPCOM0.63%$2M79.6K
56SHBISHORE BANCSHARES INCCOM0.61%$2M97.8K
57SFBCSOUND FINL BANCORP INCCOM0.61%$2M35.5K
58TSBKTIMBERLAND BANCORP INCCOM0.59%$2M56.2K
59BWFGBANKWELL FINL GROUP INCCOM0.58%$2M56.7K
60WNEBWESTERN NEW ENG BANCORP INCCOM0.58%$2M189.9K
61ICBKUSDCOUNTY BANCORP INCCOM0.56%$1M44.0K
62FCCOFIRST CMNTY CORP S CCOM0.54%$1M72.5K
63FSBCFIVE STAR BANCORPCOM0.54%$1M60.0K
64PFBIPREMIER FINL BANCORP INCCOM0.49%$1M78.8K
65GWBGREAT WESTN BANCORP INCCOM0.48%$1M39.5K
66CFBKCF BANKSHARES INCCOM0.48%$1M66.3K
67CODORUS VY BANCORP INCCOM0.46%$1M61.3K
68MLVFUSDMALVERN BANCORP INCCOM0.44%$1M64.1K
69CADEEURCADENCE BANCORPORATIONCL A0.44%$1M56.1K
70SSBISUMMIT ST BK SANTA ROSA CALICOM0.43%$1M73.7K
71EBMTEAGLE BANCORP MONT INCCOM0.41%$1M47.9K
72MYFWFIRST WESTN FINL INCCOM0.41%$1M42.5K
73FUSBFIRST US BANCSHARES INCCOM0.38%$1M94.3K
74COMMUNITY WEST BANCSHARESCOM0.36%$972,00072.6K
75PROVIDENT BANCORP INCCOM0.32%$867,00053.2K
76PBIBEURLIMESTONE BANCORP INCCOM0.32%$866,00052.0K
77RIVERIVERVIEW FINL CORP NEWCOM0.31%$842,00073.7K
78SBFGSB FINL GROUP INCCOM0.30%$809,00043.7K
79NORTHEAST BANCORPCOM NEW0.30%$800,00026.8K
80PLBCPLUMAS BANCORPCOM0.29%$791,00024.7K
81BB3BROOKLINE BANCORP INC DELCOM0.29%$782,00052.3K
82FFBW INCCOM0.29%$774,00067.9K
83GUARANTY FED BANCSHARES INCCOM0.29%$773,00031.7K
84BYBYLINE BANCORP INCCOM0.28%$757,00033.5K
85FGBIFIRST GTY BANCSHARES INCCOM0.28%$754,00038.7K
86MACATAWA BK CORPCOM0.27%$739,00084.4K
87HTLFEURHEARTLAND FINL USA INCCOM0.26%$708,00015.1K
88AMRBAMERICAN RIVER BANKSHARESCOM0.24%$637,00035.4K
89SPIRIT OF TEX BANCSHARES INCCOM0.23%$607,00026.6K
90MBWMMERCANTILE BANK CORPCOM0.21%$568,00018.8K
91QCRHQCR HOLDINGS INCCOM0.21%$561,00011.7K
92HMN FINL INCCOM0.21%$561,00026.4K
93OVLYOAK VALLEY BANCORP OAKDALE CCOM0.20%$551,00030.3K
94WSBCWESBANCO INCCOM0.18%$487,00013.7K
95FMBIUSDFIRST MIDWEST BANCORP DELCOM0.18%$482,00024.3K
96BRBSBLUE RIDGE BANKSHARES INC VACOM0.18%$480,00027.4K
97MNSBMAINSTREET BANCSHARES INCCOM0.18%$479,00021.2K
98CBFVCB FINL SVCS INCCOM0.17%$466,00021.1K
99BCBPBCB BANCORP INCCOM0.17%$455,00033.8K
100ISBCUSDINVESTORS BANCORP INC NEWCOM0.17%$454,00031.8K

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 ↗.