ENDEAVOUR CAPITAL ADVISORS INC's Q1 2025 13F: 6 new positions, 4 exits
Form 13F-HR for the quarter ended Mar 31, 2025 · filed May 13, 2025 · 34 reported positions · accession 0001218749-25-000002
What changed this quarter
| Activity | Security | Weight before | Weight now | Change | Shares | Shares % |
|---|---|---|---|---|---|---|
| Reduced | COASTAL FINL CORP WA (CCB) | 12.3% | 11.1% | −1.2 pts | −124K sh | −27% |
| Exited | HOMESTREET INC (HMST) | 2.6% | — | −2.6 pts | −724K sh | −100% |
| Reduced | EASTERN BANKSHARES INC (EBC) | 2.8% | 1.2% | −1.6 pts | −319K sh | −63% |
| Reduced | HERITAGE COMM CORP (HTBK) | 1.8% | 0.5% | −1.3 pts | −460K sh | −77% |
| Exited | ORIGIN BANCORP INC (OBK) | 1.5% | — | −1.5 pts | −146K sh | −100% |
| Exited | MERCHANTS BANCORP IND (MBIN) | 1.1% | — | −1.1 pts | −96,224 sh | −100% |
| New | BURKE HERBERT FINL SVCS CORP (BHRB) | — | 1.1% | +1.1 pts | +52,148 sh | new |
| New | PACIFIC PREMIER BANCORP (PPBI) | — | 1.1% | +1.1 pts | +136K sh | new |
| New | EAST WEST BANCORP INC (EWBC) | — | 1.0% | +1.0 pts | +30,346 sh | new |
| Increased | AMERANT BANCORP INC (AMTB) | 1.7% | 2.8% | +1.1 pts | +126K sh | +52% |
| Reduced | BANC OF CALIFORNIA INC (BANC) | 4.1% | 3.5% | −0.6 pts | −166K sh | −20% |
| New | VERITEX HLDGS INC (VBTX) | — | 0.9% | +0.9 pts | +93,823 sh | new |
| Increased | QCR HOLDINGS INC (QCRH) | 4.9% | 5.8% | +0.9 pts | +27,759 sh | +14% |
| Increased | OCEANFIRST FINL CORP (OCFC) | 3.8% | 4.8% | +1.0 pts | +103K sh | +16% |
| Reduced | ENTERPRISE FINL SVCS CORP (EFSC) | 1.7% | 1.3% | −0.4 pts | −29,201 sh | −32% |
| Reduced | SEACOAST BKG CORP FLA (SBCF) | 1.3% | 0.8% | −0.5 pts | −60,104 sh | −41% |
| Exited | EQUITY BANCSHARES INC (EQBK) | 0.4% | — | −0.4 pts | −32,400 sh | −100% |
| Reduced | OLD NATL BANCORP IND (ONB) | 1.1% | 0.9% | −0.3 pts | −53,457 sh | −33% |
| Reduced | EVANS BANCORP INC (EVBN) | 3.1% | 2.9% | −0.2 pts | −27,056 sh | −12% |
| Increased | VALLEY NATL BANCORP (VLY) | 3.4% | 4.3% | +0.8 pts | +105K sh | +9% |
| New | HUNTINGTON BANCSHARES INC (HBAN) | — | 0.2% | +0.2 pts | +39,182 sh | new |
| Reduced | USCB FINANCIAL HOLDINGS INC (USCB) | 7.4% | 8.8% | +1.4 pts | −27,045 sh | −2% |
| Increased | UNIVEST FINANCIAL CORPORATIO (UVSP) | 2.3% | 2.7% | +0.4 pts | +14,547 sh | +6% |
| Increased | SOUTHERN FIRST BANCSHARES (SFST) | 7.3% | 7.2% | −0.1 pts | +8,608 sh | +1% |
| New | NORTHFIELD BANCORP INC DEL (NFBK) | — | 0.1% | +0.1 pts | +25,504 sh | new |
| Increased | NB BANCORP INC (NBBK) | 0.9% | 1.1% | +0.2 pts | +6,754 sh | +4% |
| Reduced | CHAIN BRIDGE BANCORP INC (CBNA) | 1.4% | 1.6% | +0.1 pts | −2,607 sh | −1% |
| Reduced | FIVE STAR BANCORP (FSBC) | 0.9% | 1.0% | +0.1 pts | −917 sh | −1% |
| Increased | VIRGINIA NATL BANKSHARES COR (VABK) | 3.0% | 3.4% | +0.3 pts | +638 sh | 0% |
| Reduced | FIRST MID ILL BANCSHARES INC (FMBH) | 3.0% | 3.3% | +0.3 pts | −500 sh | 0% |
| Increased | FINANCIAL INSTNS INC (FISI) | 1.0% | 1.1% | +0.1 pts | +200 sh | 0% |
Reported by the fund in its Form 13F filed with the SEC; holdings are as of the quarter-end report date and may have changed since. For informational purposes only — not investment advice or a recommendation to buy or sell any security. FilingExplorer is not affiliated with or endorsed by this fund. How this brief is compiled
Top 10 positions — 67.5% of the equity book
No changes in the top 10 this quarter
| # | Security | Weight before | Weight now | |
|---|---|---|---|---|
| 1 | CALIFORNIA BANCORP (BCAL) | 12.9% | 13.1% | |
| 2 | COASTAL FINL CORP WA (CCB) | 12.3% | 11.1% | |
| 3 | USCB FINANCIAL HOLDINGS INC (USCB) | 7.4% | 8.8% | |
| 4 | SOUTHERN FIRST BANCSHARES (SFST) | 7.3% | 7.2% | |
| 5 | QCR HOLDINGS INC (QCRH) | 4.9% | 5.8% | |
| 6 | FVCBANKCORP INC (FVCB) | 5.5% | 5.4% | |
| 7 | OCEANFIRST FINL CORP (OCFC) | 3.8% | 4.8% | |
| 8 | VALLEY NATL BANCORP (VLY) | 3.4% | 4.3% | |
| 9 | ALERUS FINL CORP (ALRS) | 3.2% | 3.6% | |
| 10 | BANC OF CALIFORNIA INC (BANC) | 4.1% | 3.5% |
Weights are each position's reported value as a share of the fund's reported equity positions (options and principal-amount holdings excluded).