SEC 13F Intelligence

Managers / Q1 2024 · view latest →

BHZ CAPITAL MANAGEMENT, LP

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

Reported Value
$88M
Q1 2024
Positions
42
Filings on Record
24
2019–present window
Filed
May 13, 2024
original filing

Summary

Bhz Capital Management, LP reported $88M in U.S.-listed holdings across 42 positions for Q1 2024.

Its largest position, FCNCA, represents 7.0% of the portfolio.

Compared with Q4 2023, the fund opened 1 new position and exited 21.

Portfolio Metrics

Turnover
+0.3%
vs prior filed quarter
Top-10 Concentration
+43.9%
share of reported value
Largest Position
+7.0%
First Ctzns Banchsares Inc N
New / Exited
1 / 21
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: 66.7%ETP: 30.0%Other: 3.4%
  • Common Stock · 66.7% · $59M
  • ETP · 30.0% · $26M
  • Other · 3.4% · $3M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HAFCHANMI FINL CORPNEW+10.4K10.4K+$166,237$166,237
NYCBEURNEW YORK CMNTY BANCORP INCADDED+631.8K994.8K−$510,269$3M
BCALSOUTHERN CALIF BANCORPSOLD OUT−161.4K0−$3M$0
TCBXTHIRD COAST BANCSHARES INCSOLD OUT−89.3K0−$2M$0
BCMLBAYCOM CORPSOLD OUT−61.2K0−$1M$0
IBOCINTERNATIONAL BANCSHARES CORSOLD OUT−25.1K0−$1M$0
WF2WINTRUST FINL CORPSOLD OUT−14.6K0−$1M$0
BWFGBANKWELL FINL GROUP INCSOLD OUT−28.0K0−$846,126$0

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

Holdings — Q1 2024

40 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1FCNCAFIRST CTZNS BANCHSARES INC Nhistory →CL A7.02%$6M3.8K
2BANCBANC OF CALIFORNIA INChistory →COM6.00%$5M347.1K
3FFWMFIRST FNDTN INChistory →COM5.38%$5M627.1K
4EGBNEAGLE BANCORP INC MDhistory →COM5.28%$5M197.6K
5CMACOMERICA INChistory →COM4.81%$4M77.0K
6VBTXVERITEX HLDGS INChistory →COM4.55%$4M195.3K
7NYCBEURNEW YORK CMNTY BANCORP INChistory →COM3.64%$3M994.8K
8FT2FIRST HORIZON CORPORATIONhistory →COM2.75%$2M156.8K
9THFFFIRST FINL CORP INDhistory →COM2.27%$2M52.1K
10NECBNORTHEAST CMNTY BANCORP INChistory →COM2.21%$2M123.7K
11NFBKNORTHFIELD BANCORP INC DELhistory →COM2.10%$2M189.9K
12FL8FLUSHING FINL CORPhistory →COM2.02%$2M140.9K
13OPBKOP BANCORPhistory →COM1.84%$2M162.6K
14TCBITEXAS CAPITAL BANCSHARES INChistory →COM1.59%$1M22.7K
15PKBKPARKE BANCORP INChistory →COM1.57%$1M80.4K
16RBBRBB BANCORPhistory →COM1.55%$1M75.6K
17PCBPCB BANCORPhistory →COM1.33%$1M71.6K
18FRSTPRIMIS FINANCIAL CORPhistory →COM1.32%$1M95.3K
19CFGCITIZENS FINL GROUP INChistory →COM1.26%$1M30.6K
20CODORUS VY BANCORP INCCOM1.12%$987,48843.4K
21HTBHOMETRUST BANCSHARES INChistory →COM1.04%$913,21133.4K
22CCNECNB FINL CORP PAhistory →COM1.03%$905,86744.4K
23BYBYLINE BANCORP INCCOM0.86%$757,13734.9K
24DCOMDIME CMNTY BANCSHARES INCCOM0.85%$748,94438.9K
25PBFSPIONEER BANCORP INC MDCOM0.81%$709,07772.3K
26MACATAWA BK CORPCOM0.75%$662,60767.7K
27CTBICOMMUNITY TR BANCORP INCCOM0.63%$550,39812.9K
28ENTERPRISE BANCORP INC MASSCOM0.61%$539,29320.8K
29MNSBMAINSTREET BANCSHARES INCCOM0.58%$509,46128.1K
30CFFIC & F FINL CORPCOM0.47%$412,6298.4K
31PROVIDENT BANCORP INCCOM NEW0.47%$409,72845.0K
32HMN FINL INCCOM0.43%$376,65617.9K
33FSBWFS BANCORP INCCOM0.38%$337,3469.7K
34MPBMID PENN BANCORP INCCOM0.33%$289,16514.5K
35WSBFWATERSTONE FINL INC MDCOM0.30%$262,48321.6K
36SHBISHORE BANCSHARES INCCOM0.23%$202,03217.6K
37RBKBRHINEBECK BANCORP INCCOM0.19%$169,22020.0K
38HAFCHANMI FINL CORPCOM NEW0.19%$166,23710.4K
39BOTJBANK OF THE JAMES FINL GP INCOM0.16%$137,32213.3K
40BVFLBV FINL INCCOM NEW0.13%$111,55410.8K

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 ↗.