Forest Hill Capital is an investment fund managing more than $216 billion ran by Mark Lee. There are currently 42 companies in Mr. Lee’s portfolio. The largest investments include Banner and Cadence Bank, together worth $26.1 billion.
As of 7th February 2023, Forest Hill Capital’s top holding is 217,431 shares of Banner currently worth over $13.7 billion and making up 6.4% of the portfolio value.
Relative to the number of outstanding shares of Banner, Forest Hill Capital owns more than approximately 0.1% of the company.
In addition, the fund holds 502,574 shares of Cadence Bank worth $12.4 billion, whose value fell approximately 0.1% in the past six months.
The third-largest holding is Texas Cap Bancshares Inc worth $12.3 billion and the next is First Intst Bancsystem Inc worth $12.1 billion, with 312,064 shares owned.
Currently, Forest Hill Capital's portfolio is worth at least $216 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.
The Forest Hill Capital office and employees reside in Little Rock, Arkansas. According to the last 13-F report filed with the SEC, Mark Lee serves as the Manager at Forest Hill Capital.
In the most recent 13F filing, Forest Hill Capital revealed that it had opened a new position in
Renasant and bought 62,851 shares worth $2.36 billion.
This means they effectively own approximately 0.1% of the company.
Renasant makes up
2.6%
of the fund's Finance sector allocation and has grown its share price by 3.8% in the past year.
The investment fund also strengthened its position in Cadence Bank by buying
20,000 additional shares.
This makes their stake in Cadence Bank total 502,574 shares worth $12.4 billion.
Cadence Bank dropped 12.4% in the past year.
On the other hand, there are companies that Forest Hill Capital is getting rid of from its portfolio.
Forest Hill Capital closed its position in Fifth Third Bancorp on 14th February 2023.
It sold the previously owned 150,000 shares for $5.04 million.
Mark Lee also disclosed a decreased stake in Banner by approximately 0.1%.
This leaves the value of the investment at $13.7 billion and 217,431 shares.
The two most similar investment funds to Forest Hill Capital are Landmark Advisors and Atlas Private Wealth Management. They manage $217 billion and $217 billion respectively.
Forest Hill Capital’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Finance — making up 42.8% of
the total portfolio value.
The fund focuses on investments in the United States as
52.4% 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
17% of the total holdings value.
On the other hand, small-cap stocks make up only 2.4% of the portfolio.
The average market cap of the portfolio companies is close to $27.3 billion.
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 |
|---|---|---|---|
| Banner Corp. |
3.32%
217,431
|
$13,741,639,000 | 6.35% |
| Cadence Bank |
4.14%
502,574
|
$12,393,475,000 | 5.73% |
| Texas Cap Bancshares Inc |
5.15%
204,015
|
$12,304,145,000 | 5.69% |
| First Intst Bancsystem Inc |
0.78%
312,064
|
$12,061,274,000 | 5.57% |
| Hancock Whitney Corp. |
No change
248,545
|
$12,027,093,000 | 5.56% |
| Franco Nev Corp |
No change
81,500
|
$11,123,120,000 | 5.14% |
| Pinnacle Finl Partners Inc |
No change
133,382
|
$9,790,239,000 | 4.52% |
| Synovus Finl Corp |
No change
259,494
|
$9,744,000,000 | 4.50% |
| Newmont Corp |
0.71%
198,950
|
$9,390,440,000 | 4.34% |
| Banc of California Inc |
No change
534,882
|
$8,520,670,000 | 3.94% |
| Heritage Finl Corp Wash |
No change
273,090
|
$8,367,478,000 | 3.87% |
| VanEck ETF Trust |
2.95%
279,500
|
$8,010,470,000 | 3.70% |
| Comerica, Inc. |
9.70%
113,089
|
$7,560,000,000 | 3.49% |
| SmartFinancial Inc |
1.56%
265,649
|
$7,305,348,000 | 3.38% |
| Regions Financial Corp. |
6.99%
332,815
|
$7,175,491,000 | 3.32% |
| Glacier Bancorp, Inc. |
No change
141,671
|
$7,001,381,000 | 3.24% |
| SouthState Corporation |
29.15%
88,600
|
$6,765,496,000 | 3.13% |
| Atlantic Un Bankshares Corp |
No change
170,868
|
$6,004,302,000 | 2.77% |
| Pacwest Bancorp |
No change
226,098
|
$5,188,949,000 | 2.40% |
| Fb Finl Corp |
No change
105,123
|
$3,799,145,000 | 1.76% |
| Amazon.com Inc. |
No change
40,000
|
$3,360,000,000 | 1.55% |
| Univar Solutions Inc |
No change
103,958
|
$3,305,864,000 | 1.53% |
| St. Joe Co. |
4.75%
79,500
|
$3,072,675,000 | 1.42% |
| Columbus Mckinnon Corp N Y |
29.12%
88,688
|
$2,879,699,000 | 1.33% |
| Americas Car Mart, Inc. |
146.29%
39,261
|
$2,837,000,000 | 1.31% |
| Air Transport Services Grp I |
10.42%
105,950
|
$2,752,581,000 | 1.27% |
| Triumph Financial Inc |
21.88%
53,570
|
$2,617,966,000 | 1.21% |
| Sandy Spring Bancorp |
70.94%
70,117
|
$2,470,222,000 | 1.14% |
| Renasant Corp. |
Opened
62,851
|
$2,362,569,000 | 1.09% |
| Paramount Global |
56.19%
123,700
|
$2,088,056,000 | 0.96% |
| Cal-Maine Foods, Inc. |
No change
25,000
|
$1,361,250,000 | 0.63% |
| Westrock Coffee Co |
Opened
100,000
|
$1,336,000,000 | 0.62% |
| Vanguard Whitehall Fds |
35.21%
19,200
|
$1,143,744,000 | 0.53% |
| Encore Wire Corp. |
49.58%
8,000
|
$1,100,480,000 | 0.51% |
| Vanguard Index Fds |
13.11%
6,900
|
$1,095,720,000 | 0.51% |
| Zimvie Inc |
31.37%
104,696
|
$977,861,000 | 0.45% |
| Cisco Sys Inc |
Opened
14,531
|
$692,257,000 | 0.32% |
| Crown Castle Inc |
Opened
4,600
|
$623,944,000 | 0.29% |
| Enbridge Inc |
33.90%
15,800
|
$617,780,000 | 0.29% |
| Abbvie Inc |
No change
3,600
|
$581,796,000 | 0.27% |
| 3M Co. |
71.43%
4,800
|
$575,616,000 | 0.27% |
| Waste Mgmt Inc Del |
No change
1,730
|
$271,402,000 | 0.13% |
| Fifth Third Bancorp |
Closed
150,000
|
$5,040,000 | |
| Veritex Holdings Inc |
Closed
136,414
|
$3,991,000 | |
| Hanover Bancorp Inc |
Closed
47,400
|
$969,000 | |
| Universal Stainless & Alloy |
Closed
76,082
|
$563,000 | |
| No transactions found | |||
| Showing first 500 out of 46 holdings | |||