MENDON CAPITAL ADVISORS CORP
Filing Date
Global Rank
#2,888
/ 8,232
▲ 487
Top Industry
Banks - Regional
69.3%
3Y Alpha vs SPY
+3.7%
Period ended 2 months ago
Filed May 15, 2026 · 30d
19 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+92.9%
SPY
+76.3%
Annualised alpha
+3.7%
Max drawdown
−26.4%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
53 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
20.8%
+14.8 pts
Top 5
38.8%
+10.5 pts
Top 10
54.4%
+8.9 pts
HHI
633
Diversified+329
Portfolio Trend
19 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Financial Services | 94.6% | $326,015,434 |
| Utilities | 3.2% | $11,096,187 |
| Basic Materials | 1.8% | $6,078,400 |
| Technology | 0.5% | $1,563,482 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
14 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| FFWM | First Foundation Inc. | +319,278 | 719,278 | $4,243,739 | |
| BCAL | California BanCorp CA | +149,491 | 404,369 | $7,165,417 | |
| NPB | Northpointe Bancshares Inc | +143,010 | 308,624 | $5,326,849 | |
| BBT | Beacon Financial Corp | +93,338 | 199,731 | $5,991,930 | |
| USCB | Uscb Financial Holdings, Inc. | +86,958 | 574,100 | $10,643,813 | |
| CIVB | Civista Bancshares, Inc. | +86,390 | 311,725 | $7,104,212 | |
| COSO | CoastalSouth Bancshares, Inc. | +63,955 | 329,743 | $8,108,379 | |
| NIC | Nicolet Bankshares Inc | +54,988 | 74,988 | $11,144,716 | |
| RNST | Renasant Corp | +37,500 | 307,500 | $11,109,975 | |
| CCB | Coastal Financial Corp | +26,000 | 56,000 | $4,261,600 | |
| BANC | Banc Of California, Inc. | +25,000 | 275,000 | $4,834,500 | |
| SFNC | Simmons First National Corp | +25,000 | 275,000 | $5,348,750 | |
| FRST | Primis Financial Corp. | +7,216 | 1,224,543 | $16,261,929 | |
| FRME | First Merchants Corp | +2,500 | 97,500 | $3,776,175 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
13 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| MCHB | Mechanics Bancorp | −378,888 | 347,614 | $5,127,305 | |
| VBNK | VersaBank | −112,452 | 945,241 | $13,394,064 | |
| CBC | Central Bancompany, Inc. | −100,601 | 100,000 | $2,395,000 | |
| ABX | Abacus Global Management, Inc. | −63,179 | 1,949,321 | $15,360,649 | |
| CBK | Commercial Bancgroup, Inc. | −59,214 | 315,633 | $8,212,768 | |
| AMTB | Amerant Bancorp Inc. | −53,100 | 273,308 | $6,023,707 | |
| FHN | First Horizon Corp | −36,415 | 428,585 | $9,754,593 | |
| PGC | Peapack Gladstone Financial Corp | −31,217 | 8,460 | $297,876 | |
| AVBH | Avidbank Holdings, Inc. | −14,875 | 219,678 | $6,260,822 | |
| CARE | Carter Bankshares, Inc. | −12,700 | 104,692 | $2,441,417 | |
| FBK | FB Financial Corp | −5,000 | 115,000 | $5,973,100 | |
| FSUN | Firstsun Capital Bancorp | −4,190 | 136,325 | $4,970,409 | |
| EQBK | Equity Bancshares Inc | −3,186 | 382,050 | $16,966,839 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
9 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| FAF | First American Financial Corp | 1,188,914 | $71,679,625 | |
| IDA | Idacorp Inc | 77,612 | $11,096,187 | |
| RS | Reliance, Inc. | 20,000 | $6,078,400 | |
| FSLR | First Solar, Inc. | 7,926 | $1,563,482 | |
| INDB | Independent Bank Corp | 10,000 | $752,100 | |
| NBHC | National Bank Holdings Corp | 15,052 | $589,436 | |
| EBC | Eastern Bankshares, Inc. | 30,000 | $586,800 | |
| CWBC | Community West Bancshares | 24,796 | $577,746 | |
| OCFC | Oceanfirst Financial Corp | 20,000 | $360,800 | |
| No positions match the current search. | ||||
Sold Out
Positions the filer fully exited
15 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| SPY | Spdr S&P 500 ETF Trust | 20,000 | $13,638,400 | |
| TFC | Truist Financial Corp | 125,000 | $6,151,250 | |
| FLG | Flagstar Bank, National Association | 316,332 | $3,982,619 | |
| STT | State Street Corp | 25,000 | $3,225,250 | |
| PNC | Pnc Financial Services Group, Inc. | 15,000 | $3,130,950 | |
| KEY | Keycorp /New/ | 150,000 | $3,096,000 | |
| CFG | Citizens Financial Group Inc/Ri | 50,000 | $2,920,500 | |
| HBAN | Huntington Bancshares Inc /Md/ | 100,000 | $1,735,000 | |
| LOB | Live Oak Bancshares, Inc. | 50,000 | $1,717,500 | |
| RF | Regions Financial Corp | 50,000 | $1,355,000 | |
| USB | US Bancorp De | 25,000 | $1,334,000 | |
| BUSE | First Busey Corp /Nv/ | 50,000 | $1,189,500 | |
| ALLY | Ally Financial Inc. | 25,000 | $1,132,250 | |
| ONB | Old National Bancorp /In/ | 50,000 | $1,115,500 | |
| CBSH | Commerce Bancshares Inc /Mo/ | 14,123 | $739,197 | |
| No positions match the current search. | ||||
1 positions ·
$6,078,400 total
· Basic Materials only
· as of Mar 31, 2026
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| RS |
Reliance, Inc.
Basic Materials
|
NEW | 20,000 | $6,078,400 | 100.00% |