SEC 13F Intelligence

Managers / Q4 2019

Southside Capital, LLC

CIK 0001732093 · 1815 PURDY AVE, SUITE 21, MIAMI BEACH, FL, 33139 · 917-810-2574

Reported Value
$382M
Q4 2019
Positions
70
Filings on Record
5
2019–present window
Filed
Feb 11, 2020
original filing

Summary

Southside Capital, LLC reported $382M in U.S.-listed holdings across 70 positions for Q4 2019.

Its largest position, TCF, represents 4.9% of the portfolio.

Compared with Q3 2019, the fund opened 11 new positions and exited 13.

Portfolio Metrics

Turnover
+24.0%
vs prior filed quarter
Top-10 Concentration
+36.1%
share of reported value
Largest Position
+4.9%
Tcf Financial Corporation Ne
New / Exited
11 / 13
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: $161MQ4 ’18Q1 ’19: $244MQ1 ’19Q2 ’19: $342MQ2 ’19Q3 ’19: $368MQ3 ’19Q4 ’19: $382MQ4 ’19filingsflow.com

Portfolio Composition

By security type
Common Stock: 80.0%Other: 14.4%REIT: 5.6%
  • Common Stock · 80.0% · $305M
  • Other · 14.4% · $55M
  • REIT · 5.6% · $22M

Quarter-over-Quarter Changes full breakdown →

vs Q3 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
APOLLO GLOBAL MGMT INCNEW+190.1K190.1K+$9M$9M
AIGAMERICAN INTL GROUP INCNEW+138.7K138.7K+$7M$7M
AXA EQUITABLE HLDGS INCNEW+270.0K270.0K+$7M$7M
AFGAMERICAN FINL GROUP INC OHIONEW+55.5K55.5K+$6M$6M
PYPLPAYPAL HLDGS INCNEW+55.0K55.0K+$6M$6M
MCYMERCURY GENL CORP NEWNEW+105.2K105.2K+$5M$5M
CNNECANNAE HLDGS INCNEW+100.0K100.0K+$4M$4M
GPNGLOBAL PMTS INCNEW+20.0K20.0K+$4M$4M

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

Holdings — Q4 2019

70 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1TCFTCF FINANCIAL CORPORATION NEhistory →COM4.92%$19M401.7K
2SYNOVUS FINL CORPCOM NEW4.62%$18M450.0K
3CUSHMAN WAKEFIELD PLCSHS4.28%$16M800.0K
4ISTAR INCCOM3.90%$15M1.03M
5ATHENE HLDG LTDCL A3.36%$13M273.2K
6ACGLARCH CAP GROUP LTDhistory →ORD3.25%$12M289.8K
7DXCDXC TECHNOLOGY COhistory →COM3.15%$12M320.0K
8FS KKR CAPITAL CORPCOM2.97%$11M1.85M
9WALWESTERN ALLIANCE BANCORPhistory →COM2.90%$11M194.2K
10SVB FINL GROUPCOM2.76%$11M42.0K
11MKLMARKEL CORPhistory →COM2.68%$10M9.0K
12WRBBERKLEY W R CORPhistory →COM2.56%$10M141.4K
13BFHALLIANCE DATA SYSTEMS CORPhistory →COM2.50%$10M85.0K
14APOLLO GLOBAL MGMT INCCOM CL A2.37%$9M190.1K
15ENSTAR GROUP LIMITEDSHS2.35%$9M43.4K
16WTFCWINTRUST FINL CORPhistory →COM2.32%$9M125.0K
17FISFIDELITY NATL INFORMATION SVhistory →COM2.19%$8M60.0K
18FISVFISERV INChistory →COM2.12%$8M70.0K
19COREPOINT LODGING INCCOM2.11%$8M753.8K
20EWBCEAST WEST BANCORP INChistory →COM2.06%$8M161.6K
21RPREALPAGE INChistory →COM2.04%$8M145.0K
22ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK2.01%$8M215.5K
23ORIOLD REP INTL CORPhistory →COM2.01%$8M342.8K
24VICIVICI PPTYS INChistory →COM2.01%$8M300.0K
25AIGAMERICAN INTL GROUP INChistory →COM NEW1.86%$7M138.7K
26WTWWILLIS TOWERS WATSON PUB LTDhistory →SHS1.85%$7M35.0K
27AIZASSURANT INChistory →COM1.79%$7M52.1K
28AXA EQUITABLE HLDGS INCCOM1.75%$7M270.0K
29CADENCE BANCORPORATIONCL A1.66%$6M350.6K
30RMAXRE MAX HLDGS INChistory →CL A1.66%$6M165.0K
31AFGAMERICAN FINL GROUP INC OHIOhistory →COM1.59%$6M55.5K
32CNOBCONNECTONE BANCORP INC NEWhistory →COM1.58%$6M234.2K
33PYPLPAYPAL HLDGS INChistory →COM1.56%$6M55.0K
34IIPRINNOVATIVE INDL PPTYS INChistory →COM1.52%$6M76.6K
35VYXNCR CORP NEWhistory →COM1.37%$5M148.6K
36ZIONZIONS BANCORPORATION N Ahistory →COM1.36%$5M100.0K
37MCYMERCURY GENL CORP NEWhistory →COM1.34%$5M105.2K
38SIGISELECTIVE INS GROUP INChistory →COM1.16%$4M68.0K
39CNNECANNAE HLDGS INCCOM0.97%$4M100.0K
40GPNGLOBAL PMTS INCCOM0.96%$4M20.0K
41BKUBANKUNITED INCCOM0.86%$3M90.0K
42MCMOELIS & COCL A0.74%$3M88.5K
43EBMTEAGLE BANCORP MONT INCCOM0.70%$3M140.3K
44IIIVI3 VERTICALS INCCOM CL A0.68%$3M91.9K
45MMIMARCUS & MILLICHAP INCCOM0.56%$2M57.8K
46AJGGALLAGHER ARTHUR J & COCOM0.45%$2M17.9K
47BCMLBAYCOM CORPCOM0.43%$2M81.8K
48CZWICITIZENS CMNTY BANCORP INC MCOM0.43%$2M150.0K
49BROBROWN & BROWN INCCOM0.41%$2M40.0K
50RPAYREPAY HLDGS CORPCOM CL A0.38%$1M100.0K
51HEALTH INS INNOVATIONS INCCOM CL A0.30%$1M59.7K
52FXNCFIRST NATL CORPCOM0.29%$1M59.0K
53MPBMID PENN BANCORP INCCOM0.25%$959,00037.4K
54MFNCMACKINAC FINL CORPCOM0.23%$864,00055.6K
55LSAKNET 1 UEPS TECHNOLOGIES INCCOM NEW0.23%$862,000260.0K
56RIVERIVERVIEW FINL CORP NEWCOM0.21%$820,00073.7K
57PMBCPACIFIC MERCANTILE BANCORPCOM0.21%$812,000112.2K
58GDOTGREEN DOT CORPCL A0.20%$773,00033.2K
59MNSBMAINSTREET BANCSHARES INCCOM0.20%$755,00032.8K
60PRTHPRIORITY TECHNOLOGY HLDGS INCOM0.17%$655,000300.0K
61PEBKPEOPLES BANCORP N C INCCOM0.12%$459,00015.7K
62SALISBURY BANCORP INCCOM0.11%$407,00010.0K
63PORTMAN RIDGE FIN CORPCOM0.10%$386,000204.5K
64CBFVCB FINL SVCS INCCOM0.07%$269,00010.0K
65MAGYAR BANCORP INCCOM0.06%$240,00021.9K
66QNSTQUINSTREET INCCOM0.05%$205,00013.4K
67SBFGSB FINL GROUP INCCOM0.03%$126,0007.2K
68OPOFOLD POINT FINL CORPCOM0.03%$119,0004.9K
69INBKFIRST INTERNET BANCORPCOM0.02%$82,0003.9K
70MEDLEY MGMT INCCL A COM0.01%$24,0009.1K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q4 2019$382M70Feb 11, 202013F-HRchanges · EDGAR ↗
Q3 2019$368M72Nov 14, 201913F-HRchanges · EDGAR ↗
Q2 2019$342M64Aug 7, 201913F-HRchanges · EDGAR ↗
Q1 2019$244M59May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$161M49Feb 4, 201913F-HRchanges · 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 ↗.