SEC 13F Intelligence

Managers / Q2 2022 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$247M
Q2 2022
Positions
119
Filings on Record
24
2019–present window
Filed
Aug 12, 2022
original filing

Summary

Bhz Capital Management, LP reported $247M in U.S.-listed holdings across 119 positions for Q2 2022.

Its largest position, TCBI, represents 3.9% of the portfolio.

Compared with Q1 2022, the fund opened 4 new positions and exited 26.

Portfolio Metrics

Turnover
+10.3%
vs prior filed quarter
Top-10 Concentration
+24.7%
share of reported value
Largest Position
+3.9%
Texas Capital Bancshares
New / Exited
4 / 26
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: 76.5%ETP: 17.2%Other: 6.3%
  • Common Stock · 76.5% · $189M
  • ETP · 17.2% · $43M
  • Other · 6.3% · $16M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
CFGCITIZENS FINL GROUP INCNEW+9.5K9.5K+$339,000$339,000
BLFYBLUE FOUNDRY BANCORPNEW+22.1K22.1K+$265,000$265,000
TCBCTC BANCSHARES INCNEW+12.1K12.1K+$164,000$164,000
FIRST SEACOAST BANCORPNEW+13.0K13.0K+$139,000$139,000
PACWUSDPACWEST BANCORP DELADDED+126.9K150.6K+$3M$4M
PCSBUSDPCSB FINL CORPADDED+57.7K68.7K+$1M$1M
CBMBCBM BANCORP INCADDED+82.2K106.5K+$1M$2M
NFBKNORTHFIELD BANCORP INC DELADDED+72.9K124.2K+$882,000$2M

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

Holdings — Q2 2022

49 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TCBITEXAS CAPITAL BANCSHARES INChistory →COM3.94%$10M185.0K
2BANCBANC OF CALIFORNIA INChistory →COM3.47%$9M486.8K
3FRBKQREPUBLIC FIRST BANCORP INChistory →COM2.57%$6M1.67M
4IBOCINTERNATIONAL BANCSHARES CORhistory →COM2.42%$6M149.4K
5FSBWFS BANCORP INChistory →COM2.32%$6M199.6K
6CSTRUSDCAPSTAR FINL HLDGS INChistory →COM2.23%$6M281.5K
7TCFCUSDCOMMUNITY FINL CORP MDhistory →COM2.06%$5M138.1K
8FRSTPRIMIS FINANCIAL CORPhistory →COM1.91%$5M345.6K
9LBAIUSDLAKELAND BANCORP INChistory →COM1.90%$5M320.8K
10FISIFINANCIAL INSTNS INChistory →COM1.84%$5M175.2K
11PKBKPARKE BANCORP INChistory →COM1.75%$4M206.6K
12OPBKOP BANCORPhistory →COM1.72%$4M405.0K
13RBBRBB BANCORPhistory →COM1.72%$4M205.4K
14THFFFIRST FINL CORP INDhistory →COM1.68%$4M93.4K
15PACWUSDPACWEST BANCORP DELhistory →COM1.62%$4M150.6K
16FIRST BANK WILLIAMSTOWN NJCOM1.56%$4M275.0K
17HTHHILLTOP HOLDINGS INChistory →COM1.44%$4M133.8K
18SMBKSMARTFINANCIAL INChistory →COM NEW1.41%$3M144.1K
19BBTBERKSHIRE HILLS BANCORP INChistory →COM1.38%$3M137.3K
20BCMLBAYCOM CORPhistory →COM1.30%$3M155.8K
21FL8FLUSHING FINL CORPhistory →COM1.25%$3M145.4K
22BSRRSIERRA BANCORPhistory →COM1.14%$3M129.3K
23FNBF N B CORPhistory →COM1.10%$3M251.2K
24XHCHERITAGE COMMERCE CORPhistory →COM1.08%$3M249.5K
25MOFGMIDWESTONE FINL GROUP INC NEhistory →COM1.06%$3M88.0K
26FIRST FINANCIAL NORTHWEST INCOM1.05%$3M167.3K
27MACATAWA BK CORPCOM1.05%$3M292.4K
28PCBPCB BANCORPhistory →COM1.02%$3M134.4K
29RANDOLPH BANCORP INCCOM1.01%$2M94.5K
30BPRNUSDBANK PRINCETON NEW JERSEYCOM0.97%$2M87.4K
31PGCPEAPACK-GLADSTONE FINL CORPCOM0.88%$2M73.4K
32ENTERPRISE BANCORP INC MASSCOM0.85%$2M65.1K
33SHBISHORE BANCSHARES INCCOM0.81%$2M107.6K
34WNEBWESTERN NEW ENG BANCORP INCCOM0.80%$2M266.1K
35CBMBCBM BANCORP INCCOM0.76%$2M106.5K
36BFINUSDBANKFINANCIAL CORPCOM0.75%$2M198.0K
37INDBINDEPENDENT BK CORP MASSCOM0.71%$2M91.2K
38BCBPBCB BANCORP INCCOM0.71%$2M103.1K
39CIVBCIVISTA BANCSHARES INCCOM NO PAR0.71%$2M82.0K
40FLICUSDFIRST LONG IS CORPCOM0.70%$2M99.0K
41UMPQUSDUMPQUA HLDGS CORPCOM0.70%$2M102.8K
42CFFIC & F FINL CORPCOM0.69%$2M37.2K
43DCOMDIME CMNTY BANCSHARES INCCOM0.68%$2M57.0K
44FNWBFIRST NORTHWEST BANCORPCOM0.68%$2M107.4K
45HBCPHOME BANCORP INCCOM0.66%$2M47.7K
46NFBKNORTHFIELD BANCORP INC DELCOM0.65%$2M124.2K
47SSBKSOUTHERN STS BANCSHARES INCCOM0.64%$2M70.0K
48CFBKCF BANKSHARES INCCOM0.62%$2M73.5K
491S4HARBORONE BANCORP INC NEWCOM NEW0.61%$2M109.8K

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 ↗.