Fsi Group 13F annual report
Fsi Group is an investment fund managing more than $25.2 million ran by John Stein. There are currently 5 companies in Mr. Stein’s portfolio. The largest investments include Bank New York Mellon Corp and Citigroup, together worth $10.3 million.
$25.2 million Assets Under Management (AUM)
As of 7th October 2020, Fsi Group’s top holding is 135,000 shares of Bank New York Mellon Corp currently worth over $5.22 million and making up 20.7% of the portfolio value.
In addition, the fund holds 100,000 shares of Citigroup worth $5.11 million, whose value fell 3.8% in the past six months.
The third-largest holding is Citizens worth $5.05 million and the next is Fifth Third Bancorp worth $5.01 million, with 260,000 shares owned.
Currently, Fsi Group's portfolio is worth at least $25.2 million. 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 Fsi Group
The Fsi Group office and employees reside in Cincinnati, Ohio. According to the last 13-F report filed with the SEC, John Stein serves as the PRESIDENT at Fsi Group.
Recent trades
In the most recent 13F filing, Fsi Group revealed that it had opened a new position in
Bank New York Mellon Corp and bought 135,000 shares worth $5.22 million.
The investment fund also strengthened its position in Fifth Third Bancorp by buying
258,717 additional shares.
This makes their stake in Fifth Third Bancorp total 260,000 shares worth $5.01 million.
Fifth Third Bancorp soared 4.8% in the past year.
On the other hand, there are companies that Fsi Group is getting rid of from its portfolio.
Fsi Group closed its position in Far Pt Acquisition Corp on 5th August 2020.
It sold the previously owned 350,000 shares for $3.54 million.
One of the smallest hedge funds
The two most similar investment funds to Fsi Group are Opportunities Capital Management and Btg Pactual Asset Management S.A.. Dtvm. They manage $25.2 million and $25.4 million respectively.
John Stein investment strategy
Fsi Group’s portfolio is diversified across 2 sectors.
Currently, their heaviest sector is Finance — making up 60.3% of
the total portfolio value.
The fund focuses on investments in the United States as
60.0% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are small-cap stocks.
Stocks with a size of more than $100 million in market cap make up
40% of the total holdings value.
On the other hand, large-cap stocks make up 20.0% of the portfolio.
The average market cap of the portfolio companies is close to $29.3 billion.
The complete list of Fsi Group trades based on 13F SEC filings
These positions were updated on August 5th 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 |
|---|---|---|---|
| Bank New York Mellon Corp |
Opened
135,000
|
$5,218,000 | 20.74% |
| Citigroup, Inc. |
Opened
100,000
|
$5,110,000 | 20.31% |
| Citizens Financial Group, Inc. |
Opened
200,000
|
$5,048,000 | 20.07% |
| Fifth Third Bancorp |
20,165.00%
260,000
|
$5,013,000 | 19.93% |
| State Str Corp |
Opened
75,000
|
$4,766,000 | 18.95% |
| Far Pt Acquisition Corp |
Closed
350,000
|
$3,542,000 | |
| Bk Of America Corp |
Closed
1,176
|
$25,000 | |
| Western Alliance Bancorp |
Closed
792
|
$24,000 | |
| JPMorgan Chase & Co. |
Closed
257
|
$23,000 | |
| KeyCorp |
Closed
2,057
|
$21,000 | |
| United Cmnty Bks Blairsvle G |
Closed
1,160
|
$21,000 | |
| Regions Financial Corp. |
Closed
2,200
|
$20,000 | |
| Synovus Finl Corp |
Closed
1,000
|
$18,000 | |
| Wells Fargo Co New |
Closed
610
|
$18,000 | |
| SVB Financial Group |
Closed
100
|
$15,000 | |
| Southern Natl Bancorp Of Va |
Closed
1,539
|
$15,000 | |
| Banner Corp. |
Closed
422
|
$14,000 | |
| Capital One Finl Corp |
Closed
260
|
$13,000 | |
| Old Second Bancorp Inc Ill |
Closed
1,819
|
$13,000 | |
| Pinnacle Finl Partners Inc |
Closed
298
|
$11,000 | |
| First Midwest Bancorp Del |
Closed
794
|
$11,000 | |
| Sterling Bancorp Del |
Closed
873
|
$9,000 | |
| HomeTrust Bancshares, Inc. |
Closed
511
|
$8,000 | |
| Republic First Bancorp, Inc. |
Closed
2,481
|
$5,000 | |
| Shore Bancshares, Inc. |
Closed
379
|
$4,000 | |
| No transactions found | |||
| Showing first 500 out of 25 holdings | |||
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