FJ Capital Management LLC

Q4 2025 13F-HR Holdings

Location
Mclean, VA
Holdings as of
12/31/2025
Date filed
2/13/2026
Form type
13F-HR
Num holdings
128
Total value ($000)
$905,776
Net value change ($000)
-30,823 (-3.3%)
New positions
41
Sold out positions
55
Turnover %
26.5%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
SSB 24,317 46.6%
WAL 21,165 139.2%
HBNC 14,145 333.8%
MS 13,272 NEW
FRME 12,639 113.8%
MOFG 8,172 36.2%
SKWD 6,186 510.8%
SFST 5,973 16.8%
SBCF 5,964 16.2%
XZO 5,768 NEW
Top Reduces (Value $000, Stocks/ETFs)
LNKB -16,457 -76.9%
WBS -12,902 -34.8%
FFWM -11,461 -100.0%
BAC -11,165 -100.0%
PB -9,620 -100.0%
MBIN -9,450 -100.0%
WSBC -9,353 -44.8%
INDB -9,350 -35.7%
BUSE -8,473 -100.0%
STT -7,889 -100.0%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
Filter:
Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type