SEC 13F Intelligence

Managers / Q2 2019 · view latest →

Southside Capital, LLC

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

Reported Value
$342M
Q2 2019
Positions
64
Filings on Record
5
2019–present window
Filed
Aug 7, 2019
original filing

Summary

Southside Capital, LLC reported $342M in U.S.-listed holdings across 64 positions for Q2 2019.

Its largest position, COF, represents 4.6% of the portfolio.

Compared with Q1 2019, the fund opened 19 new positions and exited 14.

Portfolio Metrics

Turnover
+16.1%
vs prior filed quarter
Top-10 Concentration
+34.8%
share of reported value
Largest Position
+4.6%
Capital One Finl
New / Exited
19 / 14
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: 76.7%Other: 18.2%REIT: 5.1%
  • Common Stock · 76.7% · $262M
  • Other · 18.2% · $62M
  • REIT · 5.1% · $18M

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
ENSTAR GROUP LIMITEDNEW+76.5K76.5K+$13M$13M
DXCDXC TECHNOLOGY CONEW+220.0K220.0K+$12M$12M
MKLMARKEL CORPNEW+7.3K7.3K+$8M$8M
MCMOELIS & CONEW+225.0K225.0K+$8M$8M
VICIVICI PPTYS INCNEW+301.0K301.0K+$7M$7M
WORLDPAY INCNEW+48.0K48.0K+$6M$6M
BFHALLIANCE DATA SYSTEMS CORPNEW+40.0K40.0K+$6M$6M
MMIMARCUS & MILLICHAP INCNEW+175.0K175.0K+$5M$5M

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

Holdings — Q2 2019

64 positions
#IssuerClass% PortfolioValueShares
1COFCAPITAL ONE FINL CORPhistory →COM4.58%$16M172.7K
2ISTAR INCCOM4.36%$15M1.20M
3ENSTAR GROUP LIMITEDSHS3.90%$13M76.5K
4SYNOVUS FINL CORPCOM NEW3.59%$12M351.0K
5DXCDXC TECHNOLOGY COhistory →COM3.55%$12M220.0K
6ATHENE HLDG LTDCL A3.31%$11M263.2K
7FS KKR CAPITAL CORPCOM3.22%$11M1.85M
8HIGHARTFORD FINL SVCS GROUP INChistory →COM2.93%$10M180.0K
9CUSHMAN WAKEFIELD PLCSHS2.73%$9M522.8K
10NAVINAVIENT CORPORATIONhistory →COM2.68%$9M672.2K
11WTFCWINTRUST FINL CORPhistory →COM2.67%$9M125.0K
12SVB FINL GROUPCOM2.59%$9M39.5K
13AIZASSURANT INChistory →COM2.51%$9M80.7K
14RPREALPAGE INChistory →COM2.47%$8M143.7K
15EWBCEAST WEST BANCORP INChistory →COM2.45%$8M179.5K
16COREPOINT LODGING INCCOM2.43%$8M670.2K
17WDWALKER & DUNLOP INChistory →COM2.41%$8M155.0K
18VYXNCR CORP NEWhistory →COM2.38%$8M262.2K
19RMAXRE MAX HLDGS INChistory →CL A2.34%$8M260.0K
20MKLMARKEL CORPhistory →COM2.31%$8M7.3K
21MCMOELIS & COhistory →CL A2.30%$8M225.0K
22ORIOLD REP INTL CORPhistory →COM2.26%$8M345.7K
23WALWESTERN ALLIANCE BANCORPhistory →COM2.21%$8M169.2K
24USA TECHNOLOGIES INCCOM NO PAR2.17%$7M1.00M
25CADENCE BANCORPORATIONCL A2.13%$7M349.6K
26WTWWILLIS TOWERS WATSON PUB LTDhistory →SHS1.96%$7M35.0K
27VICIVICI PPTYS INChistory →COM1.94%$7M301.0K
28ARESARES MANAGEMENT CORPORATIONhistory →CL A COM STK1.72%$6M225.0K
29AMPAMERIPRISE FINL INChistory →COM1.72%$6M40.5K
30WORLDPAY INCCL A1.72%$6M48.0K
31BFHALLIANCE DATA SYSTEMS CORPhistory →COM1.64%$6M40.0K
32MMIMARCUS & MILLICHAP INChistory →COM1.58%$5M175.0K
33CNOBCONNECTONE BANCORP INC NEWhistory →COM1.55%$5M234.2K
34THUNDER BRIDGE ACQUISITION LSHS CLASS A1.52%$5M500.0K
35IIIVI3 VERTICALS INChistory →COM CL A1.47%$5M171.0K
36FDCFIRST DATA CORP NEWhistory →COM CL A1.42%$5M180.0K
37TSSTOTAL SYS SVCS INChistory →COM1.30%$4M34.7K
38BKUBANKUNITED INChistory →COM1.29%$4M131.1K
39PROASSURANCE CORPCOM1.06%$4M100.0K
40BCSFBAIN CAP SPECIALTY FIN INCCOM0.79%$3M145.5K
41ADCAGREE REALTY CORPCOM0.75%$3M40.0K
42EBMTEAGLE BANCORP MONT INCCOM0.68%$2M140.3K
43CAROLINA TR BANCSHARES INCCOM0.66%$2M288.2K
44HEALTH INS INNOVATIONS INCCOM CL A0.61%$2M80.0K
45BCMLBAYCOM CORPCOM0.57%$2M89.1K
46PRTHPRIORITY TECHNOLOGY HLDGS INCOM0.49%$2M215.5K
47CZWICITIZENS CMNTY BANCORP INC MCOM0.41%$1M130.4K
48FXNCFIRST NATL CORPCOM0.32%$1M54.3K
49MFNCMACKINAC FINL CORPCOM0.31%$1M67.3K
50MPBMID PENN BANCORP INCCOM0.28%$967,00038.8K
51PMBCPACIFIC MERCANTILE BANCORPCOM0.27%$926,000112.2K
52MNSBMAINSTREET BANCSHARES INCCOM0.25%$840,00036.8K
53LSAKNET 1 UEPS TECHNOLOGIES INCCOM NEW0.23%$780,000195.0K
54RIVERIVERVIEW FINL CORP NEWCOM0.21%$722,00068.8K
55CBNKCAPITAL BANCORP INC MDCOM0.17%$575,00046.8K
56OHA INVT CORPCOM0.17%$570,000519.7K
57OPUS BK IRVINE CALIFCOM0.15%$528,00025.0K
58PEBKPEOPLES BANCORP N C INCCOM0.14%$471,00015.7K
59SALISBURY BANCORP INCCOM0.05%$162,0004.2K
60MAGYAR BANCORP INCCOM0.03%$107,0008.9K
61OPOFOLD POINT FINL CORPCOM0.03%$107,0004.9K
62FUNCFIRST UTD CORPCOM0.02%$85,0004.3K
63INBKFIRST INTERNET BANCORPCOM0.02%$84,0003.9K
64MEDLEY MGMT INCCL A COM0.01%$22,0009.1K

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 ↗.