MC
Mendon Capital Advisors CORP — 13F Portfolio Changes & Top Buys (Q2 2026)
Mendon Capital Advisors CORPCIK: 0001177043
Diversified strategySector-focusedMomentum follower
Total reported value
$282.9M
Reporting period: 2026-06-30 · Number of holdings: 90
MENDON CAPITAL ADVISORS CORP disclosed 90 holdings in its latest 13F filing for the period ending 2026-06-30, with total reported value of $282.9M and a quarterly turnover rate of 34.7%.
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Personality snowflake
- Concentration
- 13.91
- Portfolio Stability
- 34.73
- Momentum
- 100
- Sector conviction
- 100
- Diversification
- 92
- Sizing Uniformity
- 92.17
Mendon Capital Advisors CORP's disclosed holdings carry a Herfindahl concentration index of 0.035 — mathematically equivalent to about 29 equally-sized positions, well below its 90 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.
Position sizes are fairly uniform across the portfolio (a coefficient of variation of 0.78), suggesting a disciplined, rules-based approach to how much capital goes into each idea.
No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.
Sector classification currently covers about 13% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.
Source and citation information
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Recent moves
View source Form 13F filing on SEC.govNew buy 31943F200
Add FSUN
+155.1% $8.5M
Sold out MCHB
Trim NIC
-46.7% -$4.5M
Sold out FFWM
Add OCFC
+1167.1% $4.6M
Holdings Map
New buyAddUnchangedTrim
Top 10 holdings by weight
Full holdings list this quarter
Showing top 46 holdings (of 90 total)
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | ABX | Abacus Global Management Inc | Stock-Financials | 6.82% | +0.87% | -7.66% | |
| 2 | VBNK | Versabank | Stock-Other | 6.41% | +1.22% | -17.38% | |
| 3 | EQBK | Equity Bancshares Inc - Cl A | Stock-Other | 5.62% | -0.96% | -15.05% | |
| 4 | FRST | Primis Financial CORP | Stock-Other | 5.38% | -0.92% | -24.07% | |
| 5 | FSUN | Firstsun Capital Bancorp | Stock-Other | 4.77% | +2.84% | +155.09% | |
| 6 | USCB | Uscb Financial Holdings Inc | Stock-Other | 4.32% | +0.19% | +4.13% | |
| 7 | RNST | Renasant CORP | Stock-Other | 3.91% | -0.40% | -15.45% | |
| 8 | FHN | First Horizon CORP | Stock-Financials | 3.72% | -0.06% | -4.34% | |
| 9 | OBK | Origin Bancorp Inc | Stock-Other | 3.62% | +0.41% | — | |
| 10 | ✓ | Stock-Other | 3.28% | +3.28% | NEW | ||
| 11 | BFST | Business First Bancshares | Stock-Other | 3.19% | +0.57% | +17.56% | |
| 12 | AMTB | Amerant Bancorp Inc | Stock-Other | 2.95% | +0.61% | +19.83% | |
| 13 | BANC | Banc Of California Inc | Stock-Other | 2.75% | +0.88% | +38.64% | |
| 14 | CIVB | Civista Bancshares Inc | Stock-Other | 2.68% | -0.07% | -13.94% | |
| 15 | COSO | Coastal South Bancshares Inc | Stock-Other | 2.54% | -0.60% | -18.96% | |
| 16 | BBT | Beacon Financial CORP | Stock-Other | 2.46% | +0.14% | +14.35% | |
| 17 | MYFW | First Western Financial Inc | Stock-Other | 2.45% | +0.04% | -14.81% | |
| 18 | CBK | Commercial Bancgroup Inc | Stock-Other | 2.44% | -0.74% | -32.30% | |
| 19 | NIC | Nicolet Bankshares Inc | Stock-Other | 2.34% | -1.98% | -46.66% | |
| 20 | FBK | Fb Financial CORP | Stock-Other | 2.25% | -0.07% | — | |
| 21 | AVBH | Avidbank Holdings Inc | Stock-Other | 2.23% | -0.20% | -13.12% | |
| 22 | SFNC | Simmons First Natl Corp-cl A | Stock-Other | 2.16% | +0.09% | -1.82% | |
| 23 | BCAL | California Bancorp | Stock-Other | 2.01% | -0.77% | -32.45% | |
| 24 | OCFC | Oceanfirst Financial CORP | Stock-Other | 1.75% | +1.61% | +1167.12% | |
| 25 | BY | Byline Bancorp Inc | Stock-Other | 1.66% | +0.13% | — | |
| 26 | CCB | Coastal Financial Corp/wa | Stock-Other | 1.53% | -0.12% | — | |
| 27 | AUB | Atlantic Union Bankshares Co | Stock-Financials | 1.50% | +0.11% | — | |
| 28 | FISI | Financial Institutions Inc | Stock-Other | 1.38% | +0.15% | — | |
| 29 | NPB | Northpointe Bancshares Inc | Stock-Other | 1.36% | -0.70% | -35.20% | |
| 30 | SHBI | Shore Bancshares Inc | Stock-Other | 1.17% | +0.05% | -6.81% | |
| 31 | FRME | First Merchants CORP | Stock-Other | 1.16% | -0.30% | -23.08% | |
| 32 | EBC | Eastern Bankshares Inc | Stock-Other | 1.00% | +0.77% | +325.76% | |
| 33 | EGBN | Eagle Bancorp Inc | Stock-Other | 1.00% | +1.00% | NEW | |
| 34 | PFS | Provident Financial Services | Stock-Other | 0.96% | +0.02% | — | |
| 35 | BWB | Bridgewater Bancshares Inc | Stock-Other | 0.95% | +0.13% | +6.01% | |
| 36 | OSBC | Old Second Bancorp Inc | Stock-Other | 0.82% | +0.04% | — | |
| 37 | IBTN | Inscorp Inc | Stock-Other | 0.76% | +0.76% | NEW | |
| 38 | ISTR | Investar Holding CORP | Stock-Other | 0.61% | +0.21% | +51.80% | |
| 39 | ABCB | Ameris Bancorp | Stock-Financials | 0.49% | -0.28% | -39.22% | |
| 40 | CBAN | Colony Bankcorp | Stock-Other | 0.31% | +0.31% | NEW | |
| 41 | SFST | Southern First Bancshares | Stock-Other | 0.29% | +0.17% | +139.13% | |
| 42 | CWBC | Community West Bancshares | Stock-Other | 0.23% | +0.01% | -4.03% | |
| 43 | INDB | Independent Bank Corp/ma | Stock-Other | 0.22% | -0.07% | -25.00% | |
| 44 | MNSB | Mainstreet Bancshares Inc | Stock-Other | 0.20% | -0.21% | -50.60% | |
| 45 | MRBK | Meridian CORP | Stock-Other | 0.19% | -0.01% | -1.89% | |
| 46 | NBHC | National Bank Hold-cl A | Stock-Other | 0.16% | -0.07% | -33.56% |
Portfolio Performance
Performance for Q3 2026
+9.7%
Performance Last 4 Quarters
+27.3%
- Stdev
- +20.1%
- Beta
- +0.82
- Alpha
- +6.8%
- Max Drawdown
- -17.3%
- Annualized Perf
- +22%
- Batting Avg vs S&P
- +33.3%
- Sortino
- +2.39
- Stutzer
- +0.33
- Treynor
- +0.27
- Sterling
- +1.09
- Calmar
- +1.28
- Information Ratio
- +0.2
- Tracking Error
- +17.6%
- Stdev Down
- +9.2%
- Winning Months %
- +56.7%
- Losing Months %
- +43.3%
- Best 12 Months
- +39.8%
- Worst 12 Months
- -5.4%
- Efficiency Ratio
- +0.49
- Sharpe
- +1.09
- Stdev Sectors
- 0%
- Skewness
- +0.58
- Kurtosis
- +0.38
- Upside Potential
- +4.07
Reported value over time
Sector allocation
Sector allocation over time
Quarterly history
| Period | Holdings | Total value | Stability | Top holdings | |
|---|---|---|---|---|---|
| 2026 Q2 | 90 | $282.9M | 35 | ||
| 2026 Q1 | 100 | $258.0M | 51 | ||
| 2025 Q4 | 65 | $337.6M | 45 | ||
| 2025 Q3 | 68 | $260.7M | 67 | ||
| 2025 Q2 | 50 | $206.3M | 0 | ||
| 2025 Q1 | 53 | $216.0M | 83 | ||
| 2024 Q4 | 44 | $203.1M | 0 | ||
| 2024 Q3 | 40 | $155.0M | 0 | ||
| 2024 Q2 | 49 | $180.3M | 0 | ||
| 2024 Q1 | 49 | $186.6M | 0 | ||
| 2023 Q4 | 56 | $241.0M | 0 | ||
| 2022 Q1 | 60 | $302.0M | 0 | ||
| 2021 Q4 | 63 | $348.0M | 0 | ||
| 2021 Q3 | 63 | $293.5M | 0 | ||
| 2021 Q2 | 62 | $277.1M | 99 | ||
| 2021 Q1 | 55 | $271.6M | 50 | ||
| 2020 Q4 | 72 | $213.2M | 95 | ||
| 2020 Q3 | 69 | $171.4M | 53 | ||
| 2020 Q2 | 71 | $196.5M | 87 | ||
| 2020 Q1 | 69 | $203.7M | 100 | ||
| 2019 Q4 | 80 | $581.5M | 48 | ||
| 2019 Q3 | 90 | $593.0M | 52 | ||
| 2019 Q2 | 86 | $638.1M | 36 | ||
| 2019 Q1 | 103 | $823.2M | 50 | ||
| 2018 Q4 | 110 | $851.4M | 55 | ||
| 2018 Q3 | 120 | $1.1B | 43 | ||
| 2018 Q2 | 118 | $1.2B | 39 | ||
| 2018 Q1 | 117 | $1.1B | 66 | ||
| 2017 Q4 | 119 | $1.0B | 47 | ||
| 2017 Q3 | 128 | $1.2B | 49 | ||
| 2017 Q2 | 137 | $1.3B | 64 | ||
| 2017 Q1 | 143 | $1.2B | 66 | ||
| 2016 Q4 | 116 | $973.2M | 61 | ||
| 2016 Q3 | 128 | $877.5M | 51 | ||
| 2016 Q2 | 132 | $969.6M | 79 | ||
| 2016 Q1 | 134 | $786.8M | 80 | ||
| 2015 Q4 | 155 | $742.0M | 100 | ||
| 2015 Q3 | 131 | $358.5M | 80 | ||
| 2015 Q2 | 113 | $268.4M | 65 | ||
| 2015 Q1 | 109 | $235.9M | 100 | ||
| 2014 Q4 | 116 | $239.3M | 65 | ||
| 2014 Q3 | 73 | $180.2M | 100 | ||
| 2014 Q2 | 109 | $200.1M | 81 | ||
| 2014 Q1 | 188 | $303.8M | 65 | 1984305246146P333740N | |
| 2013 Q4 | 170 | $258.5M | 100 | 146146P233740N3984314 | |
| 2013 Q3 | 166 | $210.9M | 100 | 146146p233740n3984314 | |
| 2013 Q2 | 147 | $175.0M | 50 |
Holding changes this quarter
Mendon Capital Advisors CORP's most significant position changes for 2026-06-30: New buy: ; Sold out: Mechanics Bancorp-a (MCHB); Sold out: First Foundation Inc (FFWM); New buy: Eagle Bancorp Inc (EGBN); Sold out: Carter Bankshares Inc (CARE).
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | ✓ | +3.3% | NEW | New buy | |
| 2 | FSUN | Firstsun Capital Bancorp | +2.8% | +155.09% | Add |
| 3 | OCFC | Oceanfirst Financial CORP | +1.6% | +1167.12% | Add |
| 4 | VBNK | Versabank | +1.2% | -17.38% | Trim |
| 5 | EGBN | Eagle Bancorp Inc | +1% | NEW | New buy |
| 6 | BANC | Banc Of California Inc | +0.9% | +38.64% | Add |
| 7 | ABX | Abacus Global Management Inc | +0.9% | -7.66% | Trim |
| 8 | EBC | Eastern Bankshares Inc | +0.8% | +325.76% | Add |
| 9 | IBTN | Inscorp Inc | +0.8% | NEW | New buy |
| 10 | AMTB | Amerant Bancorp Inc | +0.6% | +19.83% | Add |
| 11 | BFST | Business First Bancshares | +0.6% | +17.56% | Add |
| 12 | OBK | Origin Bancorp Inc | +0.4% | — | Unchanged |
| 13 | CBAN | Colony Bankcorp | +0.3% | NEW | New buy |
| 14 | ISTR | Investar Holding CORP | +0.2% | +51.80% | Add |
| 15 | USCB | Uscb Financial Holdings Inc | +0.2% | +4.13% | Add |
| 16 | SFST | Southern First Bancshares | +0.2% | +139.13% | Add |
| 17 | FISI | Financial Institutions Inc | +0.2% | — | Unchanged |
| 18 | BBT | Beacon Financial CORP | +0.1% | +14.35% | Add |
| 19 | BY | Byline Bancorp Inc | +0.1% | — | Unchanged |
| 20 | BWB | Bridgewater Bancshares Inc | +0.1% | +6.01% | Add |
| 21 | AUB | Atlantic Union Bankshares Co | +0.1% | — | Unchanged |
| 22 | SFNC | Simmons First Natl Corp-cl A | +0.1% | -1.82% | Trim |
| 23 | SHBI | Shore Bancshares Inc | +0.1% | -6.81% | Trim |
| 24 | MYFW | First Western Financial Inc | 0% | -14.81% | Trim |
| 25 | OSBC | Old Second Bancorp Inc | 0% | — | Unchanged |
| 26 | PFS | Provident Financial Services | 0% | — | Unchanged |
| 27 | CWBC | Community West Bancshares | 0% | -4.03% | Trim |
| 28 | MRBK | Meridian CORP | 0% | -1.89% | Trim |
| 29 | FHN | First Horizon CORP | -0.1% | -4.34% | Trim |
| 30 | FSLR | First Solar Inc | -0.1% | EXIT | Sold out |
| 31 | CIVB | Civista Bancshares Inc | -0.1% | -13.94% | Trim |
| 32 | FBK | Fb Financial CORP | -0.1% | — | Unchanged |
| 33 | NBHC | National Bank Hold-cl A | -0.1% | -33.56% | Trim |
| 34 | INDB | Independent Bank Corp/ma | -0.1% | -25.00% | Trim |
| 35 | RS | Reliance Inc | -0.1% | EXIT | Sold out |
| 36 | PGC | Peapack Gladstone Finl CORP | -0.1% | EXIT | Sold out |
| 37 | CCB | Coastal Financial Corp/wa | -0.1% | — | Unchanged |
| 38 | AVBH | Avidbank Holdings Inc | -0.2% | -13.12% | Trim |
| 39 | MNSB | Mainstreet Bancshares Inc | -0.2% | -50.60% | Trim |
| 40 | NBTB | N B T Bancorp Inc | -0.3% | EXIT | Sold out |
| 41 | ABCB | Ameris Bancorp | -0.3% | -39.22% | Trim |
| 42 | FRME | First Merchants CORP | -0.3% | -23.08% | Trim |
| 43 | RNST | Renasant CORP | -0.4% | -15.45% | Trim |
| 44 | FAF | First American Financial | -0.5% | EXIT | Sold out |
| 45 | COSO | Coastal South Bancshares Inc | -0.6% | -18.96% | Trim |
| 46 | NPB | Northpointe Bancshares Inc | -0.7% | -35.20% | Trim |
| 47 | CBK | Commercial Bancgroup Inc | -0.7% | -32.30% | Trim |
| 48 | HTB | Hometrust Bancshares Inc | -0.8% | EXIT | Sold out |
| 49 | IDA | Idacorp Inc | -0.8% | EXIT | Sold out |
| 50 | BCAL | California Bancorp | -0.8% | -32.45% | Trim |
1–50 of 57
Filing History
FAQ
What is Mendon Capital Advisors CORP and what type of investor is it?
Mendon Capital Advisors CORP is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-06-30), the firm manages a tracked equity portfolio valued at approximately $282.9M, spread across 90 disclosed positions.
What are Mendon Capital Advisors CORP's largest equity positions?
Based on the latest 13F filing, Mendon Capital Advisors CORP's top holdings by market value are:
1. Abacus Global Management Inc (ABX) — $19.3M (6.8%)
2. Versabank (VBNK) — $18.1M (6.4%)
3. Equity Bancshares Inc - Cl A (EQBK) — $15.9M (5.6%)
4. Primis Financial CORP (FRST) — $15.2M (5.4%)
5. Firstsun Capital Bancorp (FSUN) — $13.5M (4.8%)
What changes did Mendon Capital Advisors CORP make in its most recent portfolio filing?
In the latest reported quarter, Mendon Capital Advisors CORP made 49 notable position adjustments: 4 new positions were initiated, 11 existing holdings were added to, 23 positions were partially reduced, and 11 were completely exited. The largest of these moves: New buy: ; Sold out: Mechanics Bancorp-a (MCHB); Sold out: First Foundation Inc (FFWM); New buy: Eagle Bancorp Inc (EGBN); Sold out: Carter Bankshares Inc (CARE)
What sectors does Mendon Capital Advisors CORP focus on?
Mendon Capital Advisors CORP is concentrated in the following sectors based on its current disclosed equity portfolio:
• Financials: 100.0%
* This report is exclusively curated by the AlphaSMO team. AlphaSMO is the web's most authoritative 13F / Inside Trader database, delivering precise insider trading and institutional holdings insights.
Investment Profile
Mendon Capital Advisors CORP returned an annualized 22.0% over the trailing 30 months — outperforming the S&P 500 by 6.8 points — based on a reconstructed track record of its disclosed 13F positions, with a beta of 0.82 (less volatile than the market) and a 33% quarterly batting average against the index.
Its portfolio is broadly diversified and moderately active, with 100.0% of the portfolio concentrated in Financials.
Its turnover score has risen from 0 to 35 over the past 4 quarters — a shift toward more active trading.
It has added to its BBT position over the past two quarters (+$4.1M, now $7.0M), while trimming CBK over the same stretch (-$2.3M, still holding $6.9M).
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FP
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TS
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Developer Access
Access Mendon Capital Advisors CORP's institutional profile programmatically:
REST API
curl https://alphasmo.com/api/v1/institutions/mendon-capital-advisors-corpCLI
npx alphasmo institutions get mendon-capital-advisors-corp