Managers / Q4 2021 · view latest →
BHZ CAPITAL MANAGEMENT, LP
CIK 0001618872 · 2025 GATEWAY PLACE, SUITE 405, SAN JOSE, CA, 95110 · 408-998-5438
Summary
Bhz Capital Management, LP reported $294M in U.S.-listed holdings across 135 positions for Q4 2021.
Its largest position, CSTRUSD, represents 3.5% of the portfolio.
Compared with Q3 2021, the fund opened 18 new positions and exited 18.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 78.9% · $232M
- ETP · 14.3% · $42M
- Other · 6.8% · $20M
Quarter-over-Quarter Changes full breakdown →
vs Q3 2021 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| FRSTPRIMIS FINANCIAL CORP | NEW | +334.9K | 334.9K | +$5M | $5M |
| SSBKSOUTHERN STS BANCSHARES INC | NEW | +70.0K | 70.0K | +$1M | $1M |
| COLBCOLUMBIA BKG SYS INC | NEW | +29.6K | 29.6K | +$968,000 | $968,000 |
| BCOW1895 BANCORP OF WIS INC | NEW | +50.5K | 50.5K | +$554,000 | $554,000 |
| ISTRINVESTAR HLDG CORP | NEW | +24.9K | 24.9K | +$458,000 | $458,000 |
| AFBIAFFINITY BANCSHARES INC | NEW | +29.0K | 29.0K | +$446,000 | $446,000 |
| UBSIUNITED BANKSHARES INC WEST V | NEW | +10.1K | 10.1K | +$367,000 | $367,000 |
| MBINMERCHANTS BANCORP IND | NEW | +6.9K | 6.9K | +$327,000 | $327,000 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2021
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q2 2024 | $0 | 1 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $88M | 42 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $189M | 62 | Feb 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $121M | 65 | Nov 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $143M | 71 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $215M | 111 | May 16, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $227M | 116 | Feb 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $240M | 122 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $247M | 119 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $297M | 141 | May 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $294M | 135 | Feb 7, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $294M | 135 | Nov 4, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $269M | 127 | Aug 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $315M | 134 | May 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $296M | 140 | Feb 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $236M | 140 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $254M | 138 | Aug 10, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $266M | 142 | May 6, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $426M | 148 | Feb 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q3 2019 | $413M | 139 | Nov 14, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q2 2019 | $417M | 147 | Aug 9, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q1 2019 | $399M | 138 | May 10, 2019 | 13F-HR | changes · EDGAR ↗ |
| Q4 2018 | $379M | 131 | Feb 15, 2019 | RESTATEMENT | changes · 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 ↗.