CASTINE CAPITAL MANAGEMENT, LLC

CIK

1377929

Location

Boston, MA

Portfolio Value

Micro $78,193,519

Diversification

Diversified

Filing Date

Global Rank

#3,764 / 5,297 ▼ 632

Top Industry

Banks - Regional 92.1%

3Y Alpha vs SPY

+7.9%

Period ended 5 years ago

Filed Aug 13, 2020 · 5y

2 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+113.4%

SPY

+76.3%

Annualised alpha

+7.9%

Max drawdown

−26.6%

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

11 positions · as of Jun 30, 2020 · Δ vs Mar 31, 2020

Top Position

15.0%

+0.4 pts

Top 5

59.8%

+2.4 pts

Top 10

95.8%

+11.3 pts

HHI

1,018

Diversified+139

Portfolio Trend

2 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2020

Sector	% Portfolio	Value	Positions
Financial Services	100.0%	$78,193,519	11

Last Quarter's Activity

Export CSV

Jun 30, 2020 vs Mar 31, 2020

Added To

Positions the filer increased

No qualifying positions this quarter.

Trimmed

Positions the filer reduced

10 positions

Ticker	Company	Δ Shares	Shares	Value
CNOB	ConnectOne Bancorp, Inc.	−249,692	556,861	$8,976,598
CFG	Citizens Financial Group Inc/Ri	−235,897	464,103	$11,713,959
ABCB	Ameris Bancorp	−225,410	386,148	$9,109,230
QCRH	Qcr Holdings Inc	−103,783	310,592	$9,684,258
BANC	Banc Of California, Inc.	−90,019	603,168	$6,532,308
SFST	Southern First Bancshares Inc	−60,793	139,215	$3,857,647
KRNY	Kearny Financial Corp.	−51,225	802,599	$6,565,259
HTH	Hilltop Holdings Inc.	−43,365	335,996	$6,199,125
CIVB	Civista Bancshares, Inc.	−39,767	326,155	$5,022,786
FBNC	First Bancorp /Nc/	−33,099	129,921	$3,258,418
No positions match the current search.

New Positions

Positions the filer opened this quarter

1 positions

Ticker	Company	Shares	Value	Open
FBP	First Bancorp /Pr/	1,301,240	$7,273,931
No positions match the current search.

Sold Out

Positions the filer fully exited

8 positions

Ticker	Company	Shares	Value
WAL	Western Alliance Bancorporation	150,000	$4,591,499
OSBC	Old Second Bancorp Inc	482,556	$3,334,461
FMBH	First Mid Bancshares, Inc.	116,624	$2,768,653
EBMT	Eagle Bancorp Montana, Inc.	126,238	$2,046,317
HBT	HBT Financial, Inc.	189,418	$1,994,570
PROV	Provident Financial Holdings Inc	58,802	$895,553
RVSB	Riverview Bancorp Inc	72,074	$361,090
RRBI	Red River Bancshares Inc	6,746	$251,085
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

11 positions · $78,193,519 total · as of Jun 30, 2020

All sectors Financial Services

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
CFG	Citizens Financial Group Inc/Ri Financial Services	Reduced	464,103	-235,897	$11,713,959	−11.0%	14.98%
QCRH	Qcr Holdings Inc Financial Services	Reduced	310,592	-103,783	$9,684,258	−13.7%	12.38%
ABCB	Ameris Bancorp Financial Services	Reduced	386,148	-225,410	$9,109,230	−37.3%	11.65%
CNOB	ConnectOne Bancorp, Inc. Financial Services	Reduced	556,861	-249,692	$8,976,598	−17.2%	11.48%
FBP	First Bancorp /Pr/ Financial Services	NEW	1,301,240	NEW	$7,273,931	NEW	9.30%
KRNY	Kearny Financial Corp. Financial Services	Reduced	802,599	-51,225	$6,565,259	−10.5%	8.40%
BANC	Banc Of California, Inc. Financial Services	Reduced	603,168	-90,019	$6,532,308	+17.8%	8.35%
HTH	Hilltop Holdings Inc. Financial Services	Reduced	335,996	-43,365	$6,199,125	+8.1%	7.93%
CIVB	Civista Bancshares, Inc. Financial Services	Reduced	326,155	-39,767	$5,022,786	−8.2%	6.42%
SFST	Southern First Bancshares Inc Financial Services	Reduced	139,215	-60,793	$3,857,647	−32.0%	4.93%
FBNC	First Bancorp /Nc/ Financial Services	Reduced	129,921	-33,099	$3,258,418	−13.4%	4.17%