Maltese Capital Management 13F annual report
Maltese Capital Management is an investment fund managing more than $540 billion ran by Terry Maltese. There are currently 91 companies in Mr. Maltese’s portfolio. The largest investments include Citigroup Inc and Wells Fargo Co New, together worth $52.6 billion.
$540 billion Assets Under Management (AUM)
As of 7th August 2024, Maltese Capital Management’s top holding is 431,700 shares of Citigroup Inc currently worth over $27.4 billion and making up 5.1% of the portfolio value.
Relative to the number of outstanding shares of Citigroup Inc, Maltese Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 424,651 shares of Wells Fargo Co New worth $25.2 billion.
The third-largest holding is First Ctzns Bancshares Inc N worth $24.6 billion and the next is Wintrust Finl Corp worth $21.4 billion, with 217,500 shares owned.
Currently, Maltese Capital Management's portfolio is worth at least $540 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.
Careers at Maltese Capital Management
The Maltese Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Terry Maltese serves as the President/CEO at Maltese Capital Management.
Recent trades
In the most recent 13F filing, Maltese Capital Management revealed that it had opened a new position in
Zions Bancorporation N.A and bought 372,460 shares worth $16.2 billion.
This means they effectively own approximately 0.1% of the company.
Zions Bancorporation N.A makes up
7.0%
of the fund's Finance sector allocation and has grown its share price by 8.8% in the past year.
The investment fund also strengthened its position in Citigroup Inc by buying
384,200 additional shares.
This makes their stake in Citigroup Inc total 431,700 shares worth $27.4 billion.
Citigroup Inc soared 31.9% in the past year.
On the other hand, there are companies that Maltese Capital Management is getting rid of from its portfolio.
Maltese Capital Management closed its position in Spdr Ser Tr on 14th August 2024.
It sold the previously owned 250,000 shares for $10.2 billion.
Terry Maltese also disclosed a decreased stake in M & T Bk Corp by 0.2%.
This leaves the value of the investment at $10.5 billion and 69,450 shares.
One of the average hedge funds
The two most similar investment funds to Maltese Capital Management are Seven Post Investment Office L.P. and Physician Wealth Advisors. They manage $540 billion and $540 billion respectively.
Terry Maltese investment strategy
Maltese Capital Management’s portfolio is diversified across 4 sectors.
Currently, their heaviest sector is Finance — making up 42.6% of
the total portfolio value.
The fund focuses on investments in the United States as
41.8% 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
9% of the total holdings value.
On the other hand, small-cap stocks make up only 5.5% of the portfolio.
The average market cap of the portfolio companies is close to $9.4 billion.
The complete list of Maltese Capital Management trades based on 13F SEC filings
These positions were updated on August 14th 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 |
|---|---|---|---|
| Citigroup Inc |
808.84%
431,700
|
$27,395,682,000 | 5.08% |
| Wells Fargo Co New |
115.01%
424,651
|
$25,220,023,000 | 4.67% |
| First Ctzns Bancshares Inc N |
65.91%
14,600
|
$24,580,706,000 | 4.55% |
| Wintrust Finl Corp |
107.14%
217,500
|
$21,436,800,000 | 3.97% |
| East West Bancorp, Inc. |
175.70%
235,726
|
$17,262,215,000 | 3.20% |
| Western Alliance Bancorp |
54.79%
268,400
|
$16,860,888,000 | 3.12% |
| Westamerica Bancorporation |
314.83%
344,727
|
$16,729,601,000 | 3.10% |
| Zions Bancorporation N.A |
Opened
372,460
|
$16,153,590,000 | 2.99% |
| Banc of California Inc |
287.30%
1,248,657
|
$15,957,837,000 | 2.96% |
| Us Bancorp Del |
277.14%
396,000
|
$15,721,201,000 | 2.91% |
| Webster Finl Corp |
86.35%
342,700
|
$14,938,293,000 | 2.77% |
| National Bk Hldgs Corp |
95.90%
372,213
|
$14,534,917,000 | 2.69% |
| First Horizon Corporation |
711.08%
811,081
|
$12,790,747,000 | 2.37% |
| JPMorgan Chase & Co. |
204.00%
60,800
|
$12,297,408,000 | 2.28% |
| Amerant Bancorp Inc. |
302.38%
523,100
|
$11,874,371,000 | 2.20% |
| HomeStreet Inc |
Opened
1,010,500
|
$11,519,700,000 | 2.13% |
| M & T Bk Corp |
16.83%
69,450
|
$10,511,952,000 | 1.95% |
| Ameris Bancorp |
4.30%
206,000
|
$10,372,100,000 | 1.92% |
| Spdr Ser Tr |
Closed
250,000
|
$10,207,500,000 | |
| Preferred Bk Los Angeles Ca |
8.65%
124,619
|
$9,407,488,000 | 1.74% |
| Qcr Holdings Inc |
206.21%
148,510
|
$8,910,600,000 | 1.65% |
| Horizon Bancorp Inc |
Opened
716,621
|
$8,864,602,000 | 1.64% |
| Five Star Bancorp |
Opened
365,108
|
$8,634,804,000 | 1.60% |
| Columbia Bkg Sys Inc |
Closed
425,000
|
$8,619,000,000 | |
| Huntington Bancshares, Inc. |
Opened
650,378
|
$8,571,982,000 | 1.59% |
| First Bancshares Inc Ms |
274.55%
327,731
|
$8,514,452,000 | 1.58% |
| Truist Finl Corp |
Opened
215,000
|
$8,352,750,000 | 1.55% |
| Lennar Corp. |
63.21%
58,198
|
$8,114,547,000 | 1.50% |
| Primis Financial Corp |
55.82%
763,538
|
$8,001,878,000 | 1.48% |
| ESSA Bancorp Inc |
35.49%
447,132
|
$7,865,052,000 | 1.46% |
| Enterprise Finl Svcs Corp |
84.85%
175,610
|
$7,184,205,000 | 1.33% |
| Umb Finl Corp |
93.54%
72,578
|
$6,054,457,000 | 1.12% |
| Corebridge Finl Inc |
3,940.00%
202,000
|
$5,882,240,000 | 1.09% |
| BankUnited Inc |
144.25%
195,400
|
$5,719,358,000 | 1.06% |
| Equity Bancshares Inc |
Opened
157,794
|
$5,554,349,000 | 1.03% |
| Esquire Finl Hldgs Inc |
15.98%
110,660
|
$5,267,416,000 | 0.98% |
| Affiliated Managers Group In |
Closed
32,000
|
$4,796,480,000 | |
| Bank America Corp |
Opened
120,000
|
$4,772,400,000 | 0.88% |
| Uscb Financial Holdings Inc |
21.23%
334,600
|
$4,292,918,000 | 0.80% |
| Blackrock Inc. |
119.18%
5,370
|
$4,227,908,000 | 0.78% |
| Stifel Finl Corp |
2.72%
50,000
|
$4,207,500,000 | 0.78% |
| Investar Hldg Corp |
3.78%
264,600
|
$4,074,840,000 | 0.75% |
| International Bancshares Cor |
29.70%
70,300
|
$4,021,863,000 | 0.75% |
| KeyCorp |
Opened
282,700
|
$4,017,167,000 | 0.74% |
| Federated Hermes Inc |
Closed
108,700
|
$3,896,895,000 | |
| Cambridge Bancorp |
Closed
70,000
|
$3,801,700,000 | |
| Independent Bk Corp Mich |
225.73%
136,900
|
$3,696,300,000 | 0.68% |
| First Merchants Corp. |
Closed
128,500
|
$3,627,555,000 | |
| Capital Bancorp Inc Md |
2.59%
172,900
|
$3,544,451,000 | 0.66% |
| SouthState Corporation |
1.68%
43,950
|
$3,358,659,000 | 0.62% |
| Trustmark Corp. |
Opened
110,600
|
$3,322,424,000 | 0.62% |
| Janus Henderson Group plc |
Opened
95,000
|
$3,202,450,000 | 0.59% |
| Fifth Third Bancorp |
Opened
80,000
|
$2,919,200,000 | 0.54% |
| Capital City Bk Group Inc |
23.33%
101,751
|
$2,893,798,000 | 0.54% |
| Heritage Finl Corp Wash |
Opened
160,000
|
$2,884,800,000 | 0.53% |
| IF Bancorp Inc |
18.77%
177,804
|
$2,876,869,000 | 0.53% |
| Banc Of California 7.75 Non-cumulative Perpetual Preferred Stock, Series A |
Opened
124,637
|
$2,869,144,000 | 0.53% |
| Valley Natl Bancorp |
18.67%
409,100
|
$2,855,518,000 | 0.53% |
| Regions Financial Corp. |
Closed
156,800
|
$2,794,176,000 | |
| Price T Rowe Group Inc |
Opened
23,800
|
$2,744,378,000 | 0.51% |
| Citizens Finl Group Inc |
6.25%
75,000
|
$2,702,251,000 | 0.50% |
| Townebank Portsmouth VA |
Closed
115,000
|
$2,672,600,000 | |
| Home Bancorp Inc |
21.02%
66,500
|
$2,660,665,000 | 0.49% |
| 1st Source Corp. |
Opened
48,177
|
$2,583,251,000 | 0.48% |
| Merchants Bancorp 8.25 Non-cumulative Perpetual Preferred Stock, Series D |
13.89%
101,182
|
$2,548,775,000 | 0.47% |
| Pacwest Bancorp 7.75 Non-cumulative Perpetual Preferred Stock, Series A |
Closed
165,000
|
$2,516,250,000 | |
| White River Bancshares Co |
3.21%
45,203
|
$2,425,593,000 | 0.45% |
| Associated Banc-Corp. |
Closed
145,000
|
$2,353,350,000 | |
| First Cmnty Corp S C |
59.80%
135,833
|
$2,343,120,000 | 0.43% |
| Ponce Financial Group Inc |
Closed
255,000
|
$2,215,950,000 | |
| Pinnacle Finl Partners Inc |
Closed
38,400
|
$2,175,360,000 | |
| S & T Bancorp, Inc. |
Opened
65,000
|
$2,170,350,000 | 0.40% |
| Pnc Finl Svcs Group Inc |
60.40%
13,900
|
$2,161,172,000 | 0.40% |
| OP Bancorp |
19.42%
220,810
|
$2,117,568,000 | 0.39% |
| Magyar Bancorp Inc. |
147.99%
185,991
|
$2,090,539,000 | 0.39% |
| Home Bancshares Inc |
31.97%
85,305
|
$2,043,907,000 | 0.38% |
| Provident Bancorp Inc |
53.85%
200,000
|
$2,038,000,000 | 0.38% |
| Equitable Financial Corp. |
13.05%
166,600
|
$1,999,200,000 | 0.37% |
| Synovus Finl Corp |
Closed
65,000
|
$1,966,250,000 | |
| KKR & Co. Inc |
Opened
17,600
|
$1,852,224,000 | 0.34% |
| 1895 Bancorp Of Wis Inc |
15.11%
220,709
|
$1,805,399,000 | 0.33% |
| Hope Bancorp Inc |
Opened
166,700
|
$1,790,358,000 | 0.33% |
| Ameriprise Finl Inc |
Opened
4,150
|
$1,772,839,000 | 0.33% |
| William Penn Bancorporation |
Closed
168,454
|
$1,709,808,000 | |
| PCB Bancorp. |
4.72%
102,100
|
$1,662,188,000 | 0.31% |
| Oceanfirst Finl Corp |
Opened
98,200
|
$1,560,398,000 | 0.29% |
| Peoples Finl Svcs Corp |
Closed
35,000
|
$1,532,650,000 | |
| Bridgewater Bancshares Inc |
Opened
130,292
|
$1,512,690,000 | 0.28% |
| First Finl Bancorp Oh |
Opened
65,000
|
$1,444,300,000 | 0.27% |
| P10 Inc |
Closed
125,000
|
$1,412,500,000 | |
| Commerce Bancshares, Inc. |
Closed
27,500
|
$1,339,250,000 | |
| Mid-Southern Bancorp, Inc. |
Closed
102,000
|
$1,331,099,000 | |
| Civista Bancshares Inc |
51.07%
83,419
|
$1,292,160,000 | 0.24% |
| Merchants Bancorp Ind |
74.38%
30,108
|
$1,220,578,000 | 0.23% |
| FVCBankcorp Inc |
Closed
100,000
|
$1,077,000,000 | |
| Victory Cap Hldgs Inc |
Opened
22,500
|
$1,073,925,000 | 0.20% |
| NBT Bancorp. Inc. |
Opened
27,150
|
$1,047,990,000 | 0.19% |
| Territorial Bancorp Inc |
Closed
85,000
|
$1,043,801,000 | |
| Malvern Bancorp Inc |
Closed
61,332
|
$965,979,000 | |
| Heritage Nola Bancorp, Inc. |
Closed
88,329
|
$840,892,000 | |
| Pb Bankshares Inc |
29.41%
60,000
|
$823,800,000 | 0.15% |
| Willis Lease Fin Corp |
10.70%
11,683
|
$809,632,000 | 0.15% |
| Seacoast Bkg Corp Fla |
69.96%
33,800
|
$799,032,000 | 0.15% |
| Bank Of The James Finl Gp In |
Closed
85,884
|
$781,544,000 | |
| Brightsphere Invt Group Inc |
85.54%
34,156
|
$757,239,000 | 0.14% |
| Peoples Bancorp N C Inc |
Opened
23,245
|
$678,754,000 | 0.13% |
| Cnb Finl Corp Pa |
86.56%
33,000
|
$673,530,000 | 0.12% |
| Rhinebeck Bancorp, Inc. |
Closed
100,000
|
$673,000,000 | |
| Franklin Resources, Inc. |
Opened
30,000
|
$670,500,000 | 0.12% |
| Heritage Comm Corp |
Closed
80,000
|
$662,400,000 | |
| First Mid Ill Bancshares Inc |
Opened
20,037
|
$658,816,000 | 0.12% |
| Tc Bancshares Inc |
26.59%
47,716
|
$644,166,000 | 0.12% |
| Sound Finl Bancorp Inc |
Closed
17,500
|
$621,250,000 | |
| Ecb Bancorp Inc |
48.46%
48,967
|
$611,108,000 | 0.11% |
| Sl Green Rlty Corp |
Opened
8,900
|
$504,096,000 | 0.09% |
| Cvb Finl Corp |
Closed
25,000
|
$332,000,000 | |
| American Natl Bankshares Inc |
Closed
11,000
|
$318,780,000 | |
| Quaint Oak Bancorp, Inc. |
Closed
17,828
|
$301,294,000 | |
| New York Cmnty Bancorp Inc |
Closed
25,000
|
$281,000,000 | |
| Embassy Bancorp, Inc. |
Closed
17,500
|
$258,125,000 | |
| Carter Bankshares Inc |
Opened
15,200
|
$229,824,000 | 0.04% |
| Carver Bancorp Inc. |
Closed
80,000
|
$213,600,000 | |
| Sterling Bancorp Inc |
18.07%
37,000
|
$193,510,000 | 0.04% |
| First Fndtn Inc |
Closed
35,000
|
$138,950,000 | |
| Affinity Bancshares Inc |
Closed
8,000
|
$93,760,000 | |
| Republic First Bancorp, Inc. |
Closed
100,000
|
$90,000,000 | |
| No transactions found | |||
| Showing first 500 out of 126 holdings | |||
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