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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.

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

Industry Allocation

STATE COMMERCIAL BANKS
+59.6%
NATIONAL COMMERCIAL BANKS
+22.5%
BLANK CHECKS
+4.0%
INVESTMENT ADVICE
+4.0%
SAVINGS INSTITUTION, FEDERALLY CHARTERED
+3.7%