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Mendon Capital Advisors Corp.

CIK:0001177043
Hedge Fund
$218M AUM
50 holdings
Key Largo, FL, United States
Founded:1996
4 employees
Latest filing:Jun 30, 2025

Mendon Capital Advisors Corp. is a SEC-registered investment adviser headquartered in Key Largo, Florida. Founded in 1996, the firm employs 4 professionals and is solely owned. Mendon Capital Advisors specializes in managing equity portfolios for clients such as investment companies and pooled investment vehicles. The firm's expertise is focused on the financial sector, offering active portfolio management and research-driven strategies primarily to institutional clients.

Investment Strategy

Mendon Capital Advisors Corp. primarily invests in publicly traded equities, with a strong focus on the financial sector, including banks and financial services companies. The firm's strategy is research-intensive, employing an active investment approach to capitalize on sector trends and company-specific opportunities. The manager seeks to identify undervalued or growth-oriented financial stocks and adjusts allocations dynamically based on market conditions and investment outlook.

Latest 13F Filing Activity

Mendon Capital Advisors Corp. filed their most recent 13F report on Jun 30, 2025 disclosing 49 equity positions with a total 13F market value of $206M. The fund increased holdings in Renasant Corp., Primis Financial Corp., Cadence Bank among other positions. Mendon Capital Advisors Corp. reduced exposure to First Bancshares Inc. Miss, FB Finl Corp., Brookline Bancorp Inc. Del among others.

Top Buys
R
RNSTRENASANT CORP
+$9.0M
F
FRSTPRIMIS FINANCIAL CORP
+$3.2M
C
CADECADENCE BANK
+$2.4M
B
BWBBRIDGEWATER BANCSHARES INC
+$2.0M
B
BHLBBERKSHIRE HILLS BANCORP INC
+$2.0M
Top Sells
F
FBMSFIRST BANCSHARES INC MISS
-$8.5M
F
FBKFB FINL CORP
-$4.5M
B
BRKLBROOKLINE BANCORP INC DEL
-$3.1M
C
CCBCOASTAL FINL CORP WA
-$2.7M
B
BUSEFIRST BUSEY CORP
-$2.3M

Top Holdings

E
EQBKEQUITY BANCSHARES INC
+7.9%$16.3M
F
FRSTPRIMIS FINANCIAL CORP
+6.8%$14.1M
V
VBNK.TOVERSABANK NEW
+5.8%$12.0M
U
USCBUSCB FINANCIAL HOLDINGS INC
+5.5%$11.4M
F
FHNFIRST HORIZON CORPORATION
+5.3%$10.9M

Equity Positions (49)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
EQUITY BANCSHARES INC7.89%$16.3M398,844$36.40$40.80+$631.9K
PRIMIS FINANCIAL CORP6.85%$14.1M1,301,933$11.85$10.85+$3.2M
VERSABANK NEW5.82%$12.0M1,052,650$17.87$15.59+$1.5M
USCB FINANCIAL HOLDINGS INC5.54%$11.4M691,048$13.08$16.54-$1.0M
FIRST HORIZON CORPORATION5.30%$10.9M515,540$19.45$21.20+$1.1M

Industry Allocation

STATE COMMERCIAL BANKS
+46.3%
NATIONAL COMMERCIAL BANKS
+23.8%
INVESTMENT ADVICE
+4.2%
BLANK CHECKS
+4.2%
SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED
+1.4%

Investment Team (1)

NameRoleLocationLinkedIn
F
Frank Barkocy
Director of ResearchNew York, NY , United States