Ejf Capital 13F annual report
Ejf Capital is an investment fund managing more than $190 billion ran by John Pollard. There are currently 92 companies in Mr. Pollard’s portfolio. The largest investments include Pagaya Technologies Ltd and Metropolitan Bk Hldg Corp, together worth $14.7 billion.
$190 billion Assets Under Management (AUM)
As of 7th February 2024, Ejf Capital’s top holding is 5,555,429 shares of Pagaya Technologies Ltd currently worth over $7.67 billion and making up 4.0% of the portfolio value.
In addition, the fund holds 126,170 shares of Metropolitan Bk Hldg Corp worth $6.99 billion.
The third-largest holding is East West worth $6.06 billion and the next is Banc of California Inc worth $5.96 billion, with 444,011 shares owned.
Currently, Ejf Capital's portfolio is worth at least $190 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 Ejf Capital
The Ejf Capital office and employees reside in Arlington, Virginia. According to the last 13-F report filed with the SEC, John Pollard serves as the Chief Legal Officer at Ejf Capital.
Recent trades
In the most recent 13F filing, Ejf Capital revealed that it had opened a new position in
Independent Bank Inc and bought 89,447 shares worth $4.55 billion.
This means they effectively own approximately 0.1% of the company.
Independent Bank Inc makes up
8.0%
of the fund's Finance sector allocation and has decreased its share price by 27.5% in the past year.
The investment fund also strengthened its position in Banc of California Inc by buying
74,082 additional shares.
This makes their stake in Banc of California Inc total 444,011 shares worth $5.96 billion.
Banc of California Inc dropped 27.2% in the past year.
On the other hand, there are companies that Ejf Capital is getting rid of from its portfolio.
Ejf Capital closed its position in Rhinebeck on 14th February 2024.
It sold the previously owned 382,408 shares for $2.57 billion.
John Pollard also disclosed a decreased stake in Pagaya Technologies Ltd by 0.6%.
This leaves the value of the investment at $7.67 billion and 5,555,429 shares.
One of the smallest hedge funds
The two most similar investment funds to Ejf Capital are Mill Road Capital Management and Toronado Partners. They manage $190 billion and $190 billion respectively.
John Pollard investment strategy
Ejf Capital’s portfolio is diversified across 8 sectors.
Currently, their heaviest sector is Finance — making up 30.1% of
the total portfolio value.
The fund focuses on investments in the United States as
41.3% 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
10% of the total holdings value.
On the other hand, small-cap stocks make up only 2.2% of the portfolio.
The average market cap of the portfolio companies is close to $40.1 billion.
The complete list of Ejf Capital trades based on 13F SEC filings
These positions were updated on February 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 |
|---|---|---|---|
| Pagaya Technologies Ltd |
64.64%
5,555,429
|
$7,666,492,000 | 4.03% |
| Metropolitan Bk Hldg Corp |
41.62%
126,170
|
$6,987,295,000 | 3.67% |
| East West Bancorp, Inc. |
13.83%
84,162
|
$6,055,456,000 | 3.18% |
| Banc of California Inc |
20.03%
444,011
|
$5,963,068,000 | 3.14% |
| First Ctzns Bancshares Inc N |
19.35%
3,835
|
$5,441,750,000 | 2.86% |
| Axos Financial Inc. |
185.78%
96,044
|
$5,244,002,000 | 2.76% |
| Coastal Finl Corp Wa |
32.75%
115,690
|
$5,137,793,000 | 2.70% |
| First Utd Corp |
10.90%
217,733
|
$5,118,903,000 | 2.69% |
| Webster Finl Corp |
25.25%
99,727
|
$5,062,143,000 | 2.66% |
| Western Alliance Bancorp |
69.31%
72,127
|
$4,745,235,000 | 2.50% |
| Independent Bank Group Inc |
Opened
89,447
|
$4,551,063,000 | 2.39% |
| Summit Finl Group Inc |
Opened
148,057
|
$4,543,869,000 | 2.39% |
| First Bancshares Inc Ms |
3.26%
145,996
|
$4,282,063,000 | 2.25% |
| Truist Finl Corp |
Opened
112,012
|
$4,135,483,000 | 2.17% |
| Pinnacle Finl Partners Inc |
30.07%
43,475
|
$3,791,890,000 | 1.99% |
| First Merchants Corp. |
2.19%
95,735
|
$3,549,854,000 | 1.87% |
| Columbia Bkg Sys Inc |
44.45%
132,701
|
$3,540,463,000 | 1.86% |
| Old Second Bancorp Inc Ill |
30.04%
227,524
|
$3,512,971,000 | 1.85% |
| Wintrust Finl Corp |
21.84%
37,447
|
$3,473,209,000 | 1.83% |
| F.N.B. Corp. |
Opened
251,189
|
$3,458,873,000 | 1.82% |
| Synovus Finl Corp |
21.53%
91,139
|
$3,431,383,000 | 1.80% |
| Enterprise Finl Svcs Corp |
17.27%
71,106
|
$3,174,883,000 | 1.67% |
| Blue Ridge Bankshares Inc Va |
Opened
1,000,000
|
$3,030,000,000 | 1.59% |
| New York Cmnty Bancorp Inc |
19.43%
293,128
|
$2,998,699,000 | 1.58% |
| Genworth Finl Inc |
14.66%
447,169
|
$2,987,089,000 | 1.57% |
| KeyCorp |
722.40%
205,600
|
$2,960,640,000 | 1.56% |
| Umb Finl Corp |
48.29%
34,544
|
$2,886,151,000 | 1.52% |
| Heartland Finl Usa Inc |
Opened
75,641
|
$2,844,858,000 | 1.50% |
| Customers Bancorp Inc |
28.33%
49,021
|
$2,824,590,000 | 1.49% |
| Old Natl Bancorp Ind |
19.90%
166,337
|
$2,809,432,000 | 1.48% |
| Nb Bancorp Inc |
Opened
205,000
|
$2,757,250,000 | 1.45% |
| SLM Corp. |
35.55%
135,403
|
$2,588,905,000 | 1.36% |
| Rhinebeck Bancorp, Inc. |
Closed
382,408
|
$2,573,606,000 | |
| Merchants Bancorp Ind |
13.00%
59,064
|
$2,514,945,000 | 1.32% |
| Cnb Finl Corp Pa |
Closed
133,150
|
$2,350,098,000 | |
| Ameris Bancorp |
35.12%
44,124
|
$2,340,778,000 | 1.23% |
| First Horizon Corporation |
Opened
163,657
|
$2,317,383,000 | 1.22% |
| Nexpoint Diversified Rel Et |
17.99%
290,296
|
$2,307,853,000 | 1.21% |
| Assured Guaranty Ltd |
1.11%
28,312
|
$2,118,587,000 | 1.11% |
| Capital One Finl Corp |
18.80%
15,839
|
$2,076,810,000 | 1.09% |
| Equitable Holdings Inc |
10.48%
61,315
|
$2,041,790,000 | 1.07% |
| Jackson Financial Inc |
97.12%
38,031
|
$1,947,187,000 | 1.02% |
| Citizens Finl Group Inc |
Closed
74,641
|
$1,946,637,000 | |
| OneMain Holdings Inc |
Opened
36,856
|
$1,813,315,000 | 0.95% |
| Primis Financial Corp |
Closed
215,036
|
$1,810,603,000 | |
| Southern Calif Bancorp |
8.21%
104,317
|
$1,809,900,000 | 0.95% |
| Encore Cap Group Inc |
36.77%
34,494
|
$1,750,571,000 | 0.92% |
| Brightsphere Invt Group Inc |
77.19%
89,866
|
$1,721,833,000 | 0.91% |
| Sandy Spring Bancorp |
Opened
62,600
|
$1,705,224,000 | 0.90% |
| Provident Finl Svcs Inc |
Opened
92,881
|
$1,674,644,000 | 0.88% |
| Cadence Bank |
Closed
83,575
|
$1,641,413,000 | |
| Oppenheimer Holdings Inc |
48.33%
35,600
|
$1,470,992,000 | 0.77% |
| Aercap Holdings Nv |
16.67%
17,500
|
$1,300,600,000 | 0.68% |
| Broadway Finl Corp Del |
Closed
1,267,651
|
$1,229,621,000 | |
| Linkbancorp Inc |
75.26%
151,438
|
$1,206,961,000 | 0.63% |
| The Odp Corp |
40.61%
21,091
|
$1,187,423,000 | 0.62% |
| OneSpan Inc |
Opened
110,000
|
$1,179,200,000 | 0.62% |
| HomeTrust Bancshares Inc |
Opened
40,835
|
$1,099,278,000 | 0.58% |
| Popular Inc. |
31.13%
12,834
|
$1,053,286,000 | 0.55% |
| Hilltop Holdings Inc |
27.39%
29,810
|
$1,049,610,000 | 0.55% |
| PCB Bancorp. |
Closed
71,049
|
$1,045,131,000 | |
| Red Rock Resorts Inc |
36.64%
19,478
|
$1,038,762,000 | 0.55% |
| Comerica, Inc. |
75.29%
17,493
|
$976,284,000 | 0.51% |
| Interdigital Inc |
36.15%
8,850
|
$960,579,000 | 0.51% |
| Peoples Bancorp Inc |
30.90%
25,675
|
$866,788,000 | 0.46% |
| Bridgewater Bancshares Inc |
33.45%
60,676
|
$820,340,000 | 0.43% |
| Hancock Whitney Corp. |
82.10%
16,689
|
$810,919,000 | 0.43% |
| Steel Partners Hldgs L P |
No change
20,005
|
$800,200,000 | 0.42% |
| Origin Bancorp Inc |
32.20%
21,825
|
$776,315,000 | 0.41% |
| Avantax Inc |
Closed
34,000
|
$760,920,000 | |
| Peabody Energy Corp. |
14.29%
30,000
|
$729,600,000 | 0.38% |
| Designer Brands Inc |
137.14%
82,051
|
$726,151,000 | 0.38% |
| Heritage Finl Corp Wash |
33.22%
33,095
|
$707,902,000 | 0.37% |
| Fifth Third Bancorp |
32.35%
19,365
|
$667,899,000 | 0.35% |
| Triumph Financial Inc |
32.56%
8,285
|
$664,291,000 | 0.35% |
| Premier Financial Corp. |
33.04%
26,850
|
$647,085,000 | 0.34% |
| Stellar Bancorp Inc |
33.46%
22,251
|
$619,468,000 | 0.33% |
| M & T Bk Corp |
Closed
4,998
|
$618,552,000 | |
| United Sec Bancshares Calif |
Closed
91,746
|
$611,028,000 | |
| Oceanfirst Finl Corp |
33.36%
35,057
|
$608,590,000 | 0.32% |
| West Fraser Timber Co Ltd |
39.96%
6,998
|
$598,889,000 | 0.31% |
| Southern First Bancshares Inc |
Closed
23,341
|
$577,690,000 | |
| Simon Ppty Group Inc New |
20.00%
4,000
|
$570,560,000 | 0.30% |
| Ally Finl Inc |
Closed
20,685
|
$558,702,000 | |
| Broadway Finl Corp Del |
Opened
81,171
|
$550,883,000 | 0.29% |
| ConnectOne Bancorp Inc. |
32.60%
23,740
|
$543,883,000 | 0.29% |
| Qcr Holdings Inc |
30.93%
9,268
|
$541,159,000 | 0.28% |
| TriNet Group Inc |
Closed
5,500
|
$522,335,000 | |
| Equity Bancshares Inc |
Closed
22,649
|
$515,944,000 | |
| Citigroup Inc |
100.00%
10,000
|
$514,400,000 | 0.27% |
| Peapack-gladstone Finl Corp |
Closed
17,635
|
$477,556,000 | |
| Valley Natl Bancorp |
80.61%
43,743
|
$475,049,000 | 0.25% |
| Cumulus Media Inc. |
31.72%
88,913
|
$473,017,000 | 0.25% |
| Devon Energy Corp. |
33.33%
10,000
|
$453,000,000 | 0.24% |
| Energy Transfer L P |
50.00%
30,000
|
$414,000,000 | 0.22% |
| National Bk Hldgs Corp |
70.31%
10,714
|
$398,454,000 | 0.21% |
| Eastern Bankshares, Inc. |
Closed
32,388
|
$397,401,000 | |
| Diamondback Energy Inc |
No change
2,500
|
$387,700,000 | 0.20% |
| Algoma Stl Group Inc |
38.93%
37,512
|
$376,245,000 | 0.20% |
| Trinity Cap Inc |
7.41%
25,000
|
$363,250,000 | 0.19% |
| APA Corporation |
50.00%
10,000
|
$358,800,000 | 0.19% |
| Snowflake Inc. |
Closed
2,000
|
$351,960,000 | |
| Alphabet Inc |
No change
2,000
|
$281,860,000 | 0.15% |
| Prologis Inc |
No change
2,000
|
$266,600,000 | 0.14% |
| Delta Air Lines, Inc. |
Closed
5,000
|
$237,700,000 | |
| Antero Resources Corp |
No change
10,000
|
$226,800,000 | 0.12% |
| Spdr Ser Tr |
74.95%
4,039
|
$211,765,000 | 0.11% |
| Fidelis Insurance Holdings L |
40.23%
13,448
|
$170,386,000 | 0.09% |
| Transocean Ltd |
Opened
25,000
|
$158,750,000 | 0.08% |
| Suro Capital Corp |
18.67%
35,602
|
$140,272,000 | 0.07% |
| No transactions found | |||
| Showing first 500 out of 110 holdings | |||
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