Stieven Capital Advisors, L.P. is an investment fund managing more than $451 billion ran by Mark Ross. There are currently 45 companies in Mr. Ross’s portfolio. The largest investments include Western Alliance Bancorp and East West, together worth $55.7 billion.
As of 25th July 2024, Stieven Capital Advisors, L.P.’s top holding is 503,433 shares of Western Alliance Bancorp currently worth over $31.6 billion and making up 7.0% of the portfolio value.
Relative to the number of outstanding shares of Western Alliance Bancorp, Stieven Capital Advisors, L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 328,314 shares of East West worth $24 billion, whose value grew 26.9% in the past six months.
The third-largest holding is Webster Finl Corp worth $22.5 billion and the next is Wintrust Finl Corp worth $21 billion, with 213,060 shares owned.
Currently, Stieven Capital Advisors, L.P.'s portfolio is worth at least $451 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Stieven Capital Advisors, L.P. office and employees reside in St. Louis, Missouri. According to the last 13-F report filed with the SEC, Mark Ross serves as the Officer - Managing Director at Stieven Capital Advisors, L.P..
In the most recent 13F filing, Stieven Capital Advisors, L.P. revealed that it had opened a new position in
Columbia Bkg Sys Inc and bought 475,500 shares worth $9.46 billion.
The investment fund also strengthened its position in Hancock Whitney by buying
63,100 additional shares.
This makes their stake in Hancock Whitney total 420,486 shares worth $20.1 billion.
Hancock Whitney soared 24.3% in the past year.
On the other hand, there are companies that Stieven Capital Advisors, L.P. is getting rid of from its portfolio.
Stieven Capital Advisors, L.P. closed its position in Banc of California Inc on 1st August 2024.
It sold the previously owned 1,049,888 shares for $16 billion.
Mark Ross also disclosed a decreased stake in Western Alliance Bancorp by approximately 0.1%.
This leaves the value of the investment at $31.6 billion and 503,433 shares.
The two most similar investment funds to Stieven Capital Advisors, L.P. are Cheviot Value Management and Matthews International Capital Management. They manage $452 billion and $452 billion respectively.
Stieven Capital Advisors, L.P.’s portfolio is diversified across 3 sectors.
Currently, their heaviest sector is Finance — making up 39.8% of
the total portfolio value.
The fund focuses on investments in the United States as
42.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
2% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $3.59 billion.
These positions were updated on August 1st based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Western Alliance Bancorp |
1.37%
503,433
|
$31,625,661,000 | 7.00% |
| East West Bancorp, Inc. |
1.35%
328,314
|
$24,042,434,000 | 5.33% |
| Webster Finl Corp |
6.79%
515,788
|
$22,483,199,000 | 4.98% |
| Wintrust Finl Corp |
1.39%
213,060
|
$20,999,194,000 | 4.65% |
| First Ctzns Bancshares Inc N |
12.38%
12,135
|
$20,430,607,000 | 4.53% |
| Hancock Whitney Corp. |
17.66%
420,486
|
$20,111,845,000 | 4.45% |
| Synovus Finl Corp |
0.02%
478,842
|
$19,244,660,000 | 4.26% |
| Axos Financial Inc. |
1.36%
328,433
|
$18,769,946,000 | 4.16% |
| Popular Inc. |
31.15%
187,343
|
$16,566,741,000 | 3.67% |
| F.N.B. Corp. |
8.82%
1,173,891
|
$16,058,829,000 | 3.56% |
| Banc of California Inc |
Closed
1,049,888
|
$15,968,796,000 | |
| Citizens Finl Group Inc |
120.00%
389,580
|
$14,036,567,000 | 3.11% |
| Truist Finl Corp |
40.55%
357,000
|
$13,869,450,000 | 3.07% |
| Preferred Bk Los Angeles Ca |
6.63%
177,435
|
$13,394,568,000 | 2.97% |
| Heartland Finl Usa Inc |
32.09%
267,628
|
$11,896,065,000 | 2.63% |
| Banner Corp. |
16.55%
230,256
|
$11,429,908,000 | 2.53% |
| Agnc Invt Corp |
Closed
1,101,400
|
$10,903,860,000 | |
| Trustmark Corp. |
31.05%
346,807
|
$10,418,082,000 | 2.31% |
| Pinnacle Finl Partners Inc |
85.84%
129,900
|
$10,397,196,000 | 2.30% |
| Columbia Bkg Sys Inc |
Opened
475,500
|
$9,457,695,000 | 2.09% |
| Regions Financial Corp. |
14.44%
457,982
|
$9,177,959,000 | 2.03% |
| OFG Bancorp |
1.38%
236,061
|
$8,840,484,000 | 1.96% |
| First Bancorp P R |
5.42%
467,510
|
$8,550,758,000 | 1.89% |
| Veritex Holdings Inc |
2.17%
404,065
|
$8,521,731,000 | 1.89% |
| Hanmi Finl Corp |
19.18%
473,553
|
$7,917,806,000 | 1.75% |
| Cadence Bank |
24.73%
277,904
|
$7,859,125,000 | 1.74% |
| Us Bancorp Del |
Closed
175,000
|
$7,822,500,000 | |
| Old Second Bancorp Inc Ill |
17.86%
526,485
|
$7,797,243,000 | 1.73% |
| Valley Natl Bancorp |
32.30%
1,100,066
|
$7,678,461,000 | 1.70% |
| Cathay Gen Bancorp |
10.00%
184,104
|
$6,944,403,000 | 1.54% |
| Eastern Bankshares, Inc. |
Opened
480,477
|
$6,717,068,000 | 1.49% |
| Annaly Capital Management In |
Closed
330,400
|
$6,505,576,000 | |
| Heritage Comm Corp |
Closed
747,636
|
$6,414,717,000 | |
| Dime Cmnty Bancshares Inc |
22.20%
298,345
|
$6,086,238,000 | 1.35% |
| Stellar Bancorp Inc |
28.98%
255,243
|
$5,860,379,000 | 1.30% |
| Origin Bancorp Inc |
Opened
177,698
|
$5,636,581,000 | 1.25% |
| Nb Bancorp Inc |
1.38%
363,631
|
$5,483,555,000 | 1.21% |
| Westamerica Bancorporation |
46.76%
112,717
|
$5,470,156,000 | 1.21% |
| First Bancshares Inc Ms |
1.34%
198,825
|
$5,165,474,000 | 1.14% |
| Cnb Finl Corp Pa |
1.35%
219,678
|
$4,483,628,000 | 0.99% |
| Bank America Corp |
1.38%
106,837
|
$4,248,907,000 | 0.94% |
| Mercantile Bk Corp |
Closed
96,196
|
$3,702,584,000 | |
| Business First Bancshares In |
40.69%
162,220
|
$3,529,907,000 | 0.78% |
| Bridgewater Bancshares Inc |
1.39%
290,437
|
$3,371,974,000 | 0.75% |
| Five Star Bancorp |
Closed
140,000
|
$3,150,000,000 | |
| Abacus Life Inc |
Opened
325,000
|
$2,811,250,000 | 0.62% |
| OP Bancorp |
11.74%
283,568
|
$2,719,417,000 | 0.60% |
| M & T Bk Corp |
23.59%
17,165
|
$2,598,094,000 | 0.58% |
| First Internet Bancorp |
55.45%
95,443
|
$2,578,870,000 | 0.57% |
| Coastal Finl Corp Wa |
1.44%
54,613
|
$2,519,844,000 | 0.56% |
| Fulton Finl Corp Pa |
Opened
139,900
|
$2,375,502,000 | 0.53% |
| Bancorp Inc. (The) |
Opened
35,000
|
$1,321,600,000 | 0.29% |
| No transactions found | |||
| Showing first 500 out of 52 holdings | |||