SEC 13F Intelligence

Managers / Q1 2022 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$297M
Q1 2022
Positions
141
Filings on Record
24
2019–present window
Filed
May 11, 2022
original filing

Summary

Bhz Capital Management, LP reported $297M in U.S.-listed holdings across 141 positions for Q1 2022.

Its largest position, TCBI, represents 3.4% of the portfolio.

Compared with Q4 2021, the fund opened 16 new positions and exited 10.

Portfolio Metrics

Turnover
+15.5%
vs prior filed quarter
Top-10 Concentration
+25.0%
share of reported value
Largest Position
+3.4%
Texas Capital Bancshares
New / Exited
16 / 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: 80.1%ETP: 12.4%Other: 7.5%
  • Common Stock · 80.1% · $238M
  • ETP · 12.4% · $37M
  • Other · 7.5% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2021 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
LBAIUSDLAKELAND BANCORP INCNEW+272.2K272.2K+$5M$5M
FNBF N B CORPNEW+364.2K364.2K+$5M$5M
DCOMDIME CMNTY BANCSHARES INCNEW+52.3K52.3K+$2M$2M
ABCBAMERIS BANCORPNEW+29.8K29.8K+$1M$1M
PDLBPONCE FINANCIAL GROUP INCNEW+115.8K115.8K+$1M$1M
FNWDFINWARD BANCORPNEW+20.7K20.7K+$959,000$959,000
NFBKNORTHFIELD BANCORP INC DELNEW+51.3K51.3K+$737,000$737,000
KRNYKEARNY FINL CORP MDNEW+39.2K39.2K+$504,000$504,000

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

Holdings — Q1 2022

48 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TCBITEXAS CAPITAL BANCSHARES INChistory →COM3.39%$10M175.8K
2BANCBANC OF CALIFORNIA INChistory →COM3.23%$10M495.0K
3CSTRUSDCAPSTAR FINL HLDGS INChistory →COM3.19%$9M449.0K
4FRBKQREPUBLIC FIRST BANCORP INChistory →COM2.99%$9M1.72M
5IBOCINTERNATIONAL BANCSHARES CORhistory →COM2.23%$7M156.5K
6BBTBERKSHIRE HILLS BANCORP INChistory →COM2.15%$6M220.4K
7FSBWFS BANCORP INChistory →COM2.10%$6M201.4K
8OPBKOP BANCORPhistory →COM1.97%$6M423.2K
9TCFCUSDCOMMUNITY FINL CORP MDhistory →COM1.94%$6M142.3K
10FISIFINANCIAL INSTNS INChistory →COM1.84%$5M181.3K
11PKBKPARKE BANCORP INChistory →COM1.81%$5M227.0K
12THFFFIRST FINL CORP INDhistory →COM1.73%$5M118.9K
13RBBRBB BANCORPhistory →COM1.63%$5M205.4K
14FRSTPRIMIS FINANCIAL CORPhistory →COM1.59%$5M337.9K
15HTHHILLTOP HOLDINGS INChistory →COM1.54%$5M156.0K
16LBAIUSDLAKELAND BANCORP INChistory →COM1.53%$5M272.2K
17FNBF N B CORPhistory →COM1.53%$5M364.2K
18PCBPCB BANCORPhistory →COM1.42%$4M184.2K
19FBIZFIRST BUS FINL SVCS INC WIShistory →COM1.35%$4M121.8K
20FIRST BANK WILLIAMSTOWN NJCOM1.33%$4M277.2K
21SMBKSMARTFINANCIAL INChistory →COM NEW1.28%$4M148.4K
22CVCYUSDCENTRAL VALLEY CMNTY BANCORPhistory →COM1.25%$4M158.3K
23BCMLBAYCOM CORPhistory →COM1.14%$3M155.8K
24XHCHERITAGE COMMERCE CORPhistory →COM1.11%$3M291.5K
25FL8FLUSHING FINL CORPhistory →COM1.10%$3M146.2K
26GUARANTY FED BANCSHARES INCCOM1.04%$3M98.3K
27CBANCOLONY BANKCORP INChistory →COM1.02%$3M162.1K
28BSRRSIERRA BANCORPCOM0.98%$3M116.8K
29FIRST FINANCIAL NORTHWEST INCOM0.97%$3M167.8K
30MOFGMIDWESTONE FINL GROUP INC NECOM0.96%$3M86.0K
31PGCPEAPACK-GLADSTONE FINL CORPCOM0.95%$3M81.2K
32FNWBFIRST NORTHWEST BANCORPCOM0.95%$3M127.5K
33MACATAWA BK CORPCOM0.89%$3M292.3K
34ENTERPRISE BANCORP INC MASSCOM0.88%$3M65.1K
35FW2NBANNER CORPCOM NEW0.86%$3M43.4K
36GSBCGREAT SOUTHN BANCORP INCCOM0.85%$3M43.0K
37RANDOLPH BANCORP INCCOM0.84%$2M94.5K
38BPRNUSDBANK PRINCETON NEW JERSEYCOM0.82%$2M84.3K
39CLBKCOLUMBIA FINL INCCOM0.82%$2M112.5K
40WNEBWESTERN NEW ENG BANCORP INCCOM0.77%$2M257.2K
41SHBISHORE BANCSHARES INCCOM0.75%$2M108.7K
42ASRVAMERISERV FINL INCCOM0.74%$2M545.0K
43BFINUSDBANKFINANCIAL CORPCOM0.69%$2M198.7K
44BCBPBCB BANCORP INCCOM0.66%$2M107.2K
45HBCPHOME BANCORP INCCOM0.64%$2M46.5K
46CFFIC & F FINL CORPCOM0.64%$2M37.4K
47DCOMDIME CMNTY BANCSHARES INCCOM0.61%$2M52.3K
48CIVBCIVISTA BANCSHARES INCCOM NO PAR0.60%$2M74.4K

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 ↗.