Investment Firm JCSD Capital, LLC Reveals Major Shifts in Q3 vs. Q4 2022 Portfolio Holdings

Investment firms are always on the lookout for promising opportunities to grow their clients' wealth. JCSD Capital LLC is no exception – the New York-based firm manages around $221.4 million in assets, according to their latest Form ADV filing. Recently, JCSD Capital LLC revealed their latest holdings in a SEC 13F filing. The filing provides insight into the firm's current and past investment decisions, showing which stocks they held and which ones they sold, as well as the changes in the value of those holdings. In this post, we'll explore what the firm's Q3 vs. Q4 2022 13F holdings comparison reveals, highlighting some of the most significant changes in their portfolio.

Introduction

Before diving into the nitty-gritty of JCSD Capital LLC's latest 13F holdings, let's first take some time to understand what 13F filings are and what they entail. A 13F filing is a quarterly report that investment managers with more than $100 million in assets under management must submit to the SEC. The filing discloses a list of all the equity securities the manager bought, sold, or held during the reporting period. By examining these filings, investors can gain some insight into the movement of institutional investors' funds and potentially make investment decisions accordingly.

Q3 vs. Q4 2022 Holdings Comparison

When we compare JCSD Capital LLC's 13F holdings for Q3 2022 vs. Q4 2022, we can see some significant changes in the firm's portfolio, with several holdings seeing a substantial increase or decrease in shares held. Some of the most significant changes in the portfolio are as follows:

Increased Holdings

First Bancorp NC (FBNC)

JCSD Capital LLC increased its holdings in First Bancorp NC (FBNC) by 117,208 shares, from 66,653 to 183,861 shares, representing a whopping 223.1% increase in shares held.

Shift4 Payments, Inc. Class A (FOUR)

JCSD Capital LLC also increased its holdings in Shift4 Payments, Inc. Class A (FOUR), by 27,000 shares, from 9 to 27,009 shares, a 150,961.3% increase in shares held.

SPDR S&P Regional Banking ETF (KBE)

The firm increased its holdings in SPDR S&P Regional Banking ETF (KBE) from 0 to 75,500 shares for Q4 2022, representing a new position and bringing the total value of the investment to $3.4 million.

Decreased Holdings

United Community Banks, Inc. Blairsville, GA (UCBI)

JCSD Capital LLC decreased its holdings in United Community Banks, Inc. Blairsville, GA (UCBI) by 22,800 shares, from 42,135 to 19,335 shares, representing a 53.2% decrease in shares held.

Amerant Bancorp Inc. Class A (AMTB)

The firm also decreased its holdings in Amerant Bancorp Inc. Class A (AMTB) by 23,800 shares, from 102,630 to 78,830 shares, representing a 17% decrease in shares held.

First Bancshares, Inc. MS (FBMS)

JCSD Capital LLC reduced its holdings in First Bancshares, Inc. MS (FBMS) by 3,682 shares, from 153,399 to 149,717 shares, representing a 2.4% decrease in shares held.

Conclusion

From the Q3 vs. Q4 2022 13F holdings comparison, it's clear that JCSD Capital LLC is a dynamic investment firm that is not afraid to make bold moves with their clients' funds. The significant increase in holdings for First Bancorp NC (FBNC) and Shift4 Payments, Inc. Class A (FOUR) and new position in SPDR S&P Regional Banking ETF (KBE) demonstrate a strong belief in the potential of these companies to perform well in the future. At the same time, the decreased holdings in United Community Banks, Inc. Blairsville, GA (UCBI), Amerant Bancorp Inc. Class A (AMTB), and First Bancshares, Inc. MS (FBMS) suggest that JCSD Capital LLC is not hesitant to sell off shares in companies that they believe no longer have the same growth potential. It's always exciting to see the moves investment firms make with their clients' funds, and JCSD Capital LLC's Q3 vs. Q4 2022 13F holdings comparison certainly provides plenty of material for investors to analyze and learn from.