Clover Partners, L.P.

Momentum followerQuality / disciplined sizing

Total reported value

$43.1M

Reporting period: 2019-09-30 · Number of holdings: 27

Clover Partners, L.P. disclosed 27 holdings in its latest 13F filing for the period ending 2019-09-30, with total reported value of $43.1M and a quarterly turnover rate of 53.9%.

Browse other institutions with under $100M AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 18.5
Portfolio Stability: 53.93
Momentum/Contrarian: 100
Sector conviction: 0
Diversification: 54
Sizing Uniformity: 94.92

Recent moves

Trim CNOB
-67.3%　-$1.8M
Trim STL
-67.8%　-$1.7M
Trim BKJUSD
-50.8%　-$2.5M
Add FBP
+72.3%　$731.0K
Trim IBCP
-53.8%　-$1.3M
Trim SYU1
-57.7%　-$1.2M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	BKJUSD	Bancorp Of New Jersey INC	Stock-Other	8.77%	-2.74%	-50.77%
2	MLVFUSD	Malvern Bancorp INC	Stock-Other	6.80%	+1.12%	-5.22%
3	✓	Randolph Bancorp INC	Stock-Other	5.43%	+0.79%	-4.44%
4	TFSL	Tfs Financial CORP	Stock-Other	5.22%	+1.11%	—
5	UCFCUSD	United Community Financial	Stock-Other	5.19%	+0.96%	-14.61%
6	BPOP	Popular INC	Stock-Financials	4.95%	+1.05%	—
7	FBP	First Bancorp Puerto Rico	Stock-Other	4.74%	+2.35%	+72.31%
8	MFNC	Mackinac Financial CORP	Stock-Other	4.62%	+0.85%	-1.64%
9	✓	Spirit Of Tex Bancshares INC	Stock-Other	4.57%	+0.82%	—
10	✓	Sussex Bancorp	Stock-Other	4.48%	+0.50%	-12.55%
11	FCCYUSD	1st Constitution Bancorp	Stock-Other	4.16%	+1.06%	+3.66%
12	ISBCUSD	Investors Bancorp INC	Stock-Other	4.12%	+1.68%	+30.50%
13	FUNC	First United CORP	Stock-Other	4.09%	+4.09%	NEW
14	EBSB	Meridian Bancorp INC	Stock-Other	3.82%	+3.82%	NEW
15	BWFG	Bankwell Financial Group INC	Stock-Other	3.81%	+0.65%	-1.32%
16	HONEUSD	Harborone Bancorp INC	Stock-Other	3.57%	+0.67%	+79.78%
17	SBNY	Signature Bank	Stock-Financials	3.57%	-0.92%	-36.74%
18	SLCT	Select Bancorp INC	Stock-Other	3.56%	-0.13%	-25.37%
19	IBCP	Independent Bank CORP - Mich	Stock-Other	2.52%	-1.85%	-53.85%
20	SYU1	Synovus Financial CORP	Stock-Other	2.11%	-1.71%	-57.67%
21	FL8	Flushing Financial CORP	Stock-Other	2.10%	+2.10%	NEW
22	CNOB	Connectone Bancorp INC	Stock-Other	2.01%	-2.91%	-67.34%
23	STL	Sterling Bancorp/de	Stock-Other	1.77%	-2.80%	-67.80%
24	BBT	Beacon Financial CORP	Stock-Other	1.70%	+1.70%	NEW
25	✓	Msb Finl CORP New	Stock-Other	1.60%	+1.60%	NEW
26	AMRB	American River Bankshrs (ca)	Stock-Other	0.51%	+0.51%	NEW
27	PBFS	Pioneer Bancorp Inc/ny	Stock-Other	0.22%	+0.22%	NEW

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2019-09-30	27	$43.1M	54	1BKJUSD 2MLVFUSD3752378 Top holdings2019-09-30 1.BKJUSD 2.MLVFUSD 3.752378 4.TFSL 5.UCFCUSD 6.BPOP 7.FBP 8.MFNC 9.84861D 10.78413T
2019-06-30	25	$54.9M	24	1BKJUSD 2MLVFUSD 3CNOB Top holdings2019-06-30 1.BKJUSD 2.MLVFUSD 3.CNOB 4.752378 5.STL 6.SBNY 7.IBCP 8.UCFCUSD 9.UBNKUSD 10.TFSL
2019-03-31	26	$56.4M	38	1BKJUSD 2MLVFUSD 3PDLBUSD Top holdings2019-03-31 1.BKJUSD 2.MLVFUSD 3.PDLBUSD 4.752378 5.OCFC 6.SBNY 7.STL 8.CNOB 9.IBCP 10.78413T
2018-12-31	25	$57.6M	54	1BKJUSD 2MLVFUSD 3IBCP Top holdings2018-12-31 1.BKJUSD 2.MLVFUSD 3.IBCP 4.BFINUSD 5.OCFC 6.PDLBUSD 7.752378 8.SBNY 9.UCFCUSD 10.78413T
2018-09-30	28	$72.6M	49	1BKJUSD 2PMBC 3BFINUSD Top holdings2018-09-30 1.BKJUSD 2.PMBC 3.BFINUSD 4.MLVFUSD 5.BANC 6.OCFC 7.IBCP 8.PDLBUSD 9.752378 10.STL
2018-06-30	28	$87.0M	31	1ORIT 2BKJUSD 3PMBC Top holdings2018-06-30 1.ORIT 2.BKJUSD 3.PMBC 4.BFINUSD 5.OCFC 6.78425V 7.MLVFUSD 8.05990k 9.IBCP 10.78413T
2018-03-31	25	$89.7M	70	1ORIT 2BKJUSD 3OCFC Top holdings2018-03-31 1.ORIT 2.BKJUSD 3.OCFC 4.PMBC 5.BFINUSD 6.78425V 7.MLVFUSD 8.CNOB 9.FBP 10.319850
2017-12-31	23	$105.1M	93	10637502BKJUSD 3ORIT Top holdings2017-12-31 1.063750 2.BKJUSD 3.ORIT 4.190632 5.PMBC 6.78425V 7.MLVFUSD 8.IBCP 9.BFINUSD 10.OCFC
2017-09-30	24	$249.1M	37	10637502WNEB3319850 Top holdings2017-09-30 1.063750 2.WNEB 3.319850 4.BANC 5.PMBC 6.78425V 7.MLVFUSD 8.IBCP 9.BFINUSD 10.ORIT
2017-06-30	34	$292.9M	33	1WNEB20637503BFINUSD Top holdings2017-06-30 1.WNEB 2.063750 3.BFINUSD 4.LUV 5.78425V 6.PMBC 7.319850 8.IBCP 9.ORIT 10.BANC
2017-03-31	32	$252.1M	52	1WNEB20637503LUV Top holdings2017-03-31 1.WNEB 2.063750 3.LUV 4.BFINUSD 5.319850 6.CSWC 7.IBCP 8.PMBC 9.UBNKUSD 10.ORIT
2016-12-31	20	$185.9M	63	10637502LUV 3UBNKUSD Top holdings2016-12-31 1.063750 2.LUV 3.UBNKUSD 4.BFINUSD 5.IBCP 6.WNEB 7.CSWC 8.PMBC 9.319850 10.PPI
2016-09-30	26	$226.3M	36	1FISI 2LUV 3CSW Top holdings2016-09-30 1.FISI 2.LUV 3.CSW 4.IBCP 5.063750 6.BFINUSD 7.UBNKUSD 8.PMBC 9.319850 10.CSWC
2016-06-30	34	$253.4M	13	1FISI 2CSW3063750 Top holdings2016-06-30 1.FISI 2.CSW 3.063750 4.LUV 5.IBCP 6.BFINUSD 7.PMBC 8.UBNKUSD 9.319850 10.IBTXUSD
2016-03-31	32	$238.2M	23	1FISI 2CSW3063750 Top holdings2016-03-31 1.FISI 2.CSW 3.063750 4.IBCP 5.BFINUSD 6.LUV 7.PMBC 8.LTXBUSD 9.CSWC 10.319850
2015-12-31	32	$225.3M	45	1CSW 2FISI3063750 Top holdings2015-12-31 1.CSW 2.FISI 3.063750 4.LUV 5.BFINUSD 6.IBCP 7.FOX 8.PMBC 9.LTXBUSD 10.CSWC
2015-09-30	29	$205.3M	44	1CSWC 2FISI 3BFINUSD Top holdings2015-09-30 1.CSWC 2.FISI 3.BFINUSD 4.LTXBUSD 5.LUV 6.063750 7.FOX 8.IBCP 9.PMBC 10.BAER
2015-06-30	26	$204.8M	36	1CSWC242726X3LUV Top holdings2015-06-30 1.CSWC 2.42726X 3.LUV 4.063750 5.FOX 6.BAER 7.LTXBUSD 8.ISBCUSD 9.168565 10.PMBC
2015-03-31	28	$208.8M	60	1CSWC 2LTXBUSD 3EBSB Top holdings2015-03-31 1.CSWC 2.LTXBUSD 3.EBSB 4.42726X 5.40867E 6.FOX 7.IBTXUSD 8.LUV 9.063750 10.MCHB
2014-12-31	29	$185.7M	13	192672A2EBSB342726X Top holdings2014-12-31 1.92672A 2.EBSB 3.42726X 4.40867E 5.FOX 6.LUV 7.828867 8.168565 9.59161R 10.ISBCUSD
2014-09-30	28	$164.9M	34	192672A2EBSB342726X Top holdings2014-09-30 1.92672A 2.EBSB 3.42726X 4.FOX 5.LUV 6.40867E 7.CNOB 8.828867 9.59161R 10.168565
2014-06-30	26	$162.7M	32	192672A258964Q342726X Top holdings2014-06-30 1.92672A 2.58964Q 3.42726X 4.FOX 5.40867E 6.LUV 7.168565 8.20786U 9.828867 10.ISBCUSD
2014-03-31	30	$160.6M	29	192672A258964Q342726X Top holdings2014-03-31 1.92672A 2.58964Q 3.42726X 4.FOX 5.168565 6.40867E 7.828867 8.46146P 9.NBHC 10.LUV
2013-12-31	31	$140.0M	24	1FOX242726X358964Q Top holdings2013-12-31 1.FOX 2.42726X 3.58964Q 4.92672A 5.168565 6.40867E 7.46146P 8.59161R 9.XHC 10.01890A
2013-09-30	30	$129.1M	27	158964Q2FOX342726X Top holdings2013-09-30 1.58964Q 2.FOX 3.42726X 4.92672A 5.168565 6.40867E 7.68216R 8.59161R 9.XHC 10.NFBK
2013-06-30	28	$127.1M	0	192672A2FOX358964Q Top holdings2013-06-30 1.92672A 2.FOX 3.58964Q 4.168565 5.42726X 6.68216R 7.40867E 8.59161R 9.NFBK 10.46146P

Holding changes this quarter

Clover Partners, L.P.'s most significant position changes for 2019-09-30: Sold out: United Financial Bancorp INC (UBNKUSD); Sold out: Tcf Finl CORP; New buy: First United CORP (FUNC); Sold out: Oceanfirst Financial CORP (OCFC); New buy: Meridian Bancorp INC (EBSB).

Position changes disclosed by Clover Partners, L.P. for the quarter ending 2019-09-30, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	FBP	First Bancorp Puerto Rico	+2.4%	+72.31%	Add
2	ISBCUSD	Investors Bancorp INC	+1.7%	+30.50%	Add
3	MLVFUSD	Malvern Bancorp INC	+1.1%	-5.22%	Trim
4	TFSL	Tfs Financial CORP	+1.1%	—	Unchanged
5	FCCYUSD	1st Constitution Bancorp	+1.1%	+3.66%	Add
6	BPOP	Popular INC	+1.1%	—	Unchanged
7	UCFCUSD	United Community Financial	+1%	-14.61%	Trim
8	MFNC	Mackinac Financial CORP	+0.9%	-1.64%	Trim
9	✓	Spirit Of Tex Bancshares INC	+0.8%	—	Unchanged
10	✓	Randolph Bancorp INC	+0.8%	-4.44%	Trim
11	HONEUSD	Harborone Bancorp INC	+0.7%	+79.78%	Add
12	BWFG	Bankwell Financial Group INC	+0.7%	-1.32%	Trim
13	✓	Sussex Bancorp	+0.5%	-12.55%	Trim
14	SLCT	Select Bancorp INC	-0.1%	-25.37%	Trim
15	SBNY	Signature Bank	-0.9%	-36.74%	Trim
16	SYU1	Synovus Financial CORP	-1.7%	-57.67%	Trim
17	IBCP	Independent Bank CORP - Mich	-1.9%	-53.85%	Trim
18	BKJUSD	Bancorp Of New Jersey INC	-2.7%	-50.77%	Trim
19	STL	Sterling Bancorp/de	-2.8%	-67.80%	Trim
20	CNOB	Connectone Bancorp INC	-2.9%	-67.34%	Trim
21	UBNKUSD	United Financial Bancorp INC	—	EXIT	Sold out
22	✓	Tcf Finl CORP	—	EXIT	Sold out
23	FUNC	First United CORP	—	NEW	New buy
24	OCFC	Oceanfirst Financial CORP	—	EXIT	Sold out
25	EBSB	Meridian Bancorp INC	—	NEW	New buy
26	ZION	Zions Bancorp NA	—	EXIT	Sold out
27	FL8	Flushing Financial CORP	—	NEW	New buy
28	CFG	Citizens Financial Group	—	EXIT	Sold out
29	BBT	Beacon Financial CORP	—	NEW	New buy
30	✓	Msb Finl CORP New	—	NEW	New buy
31	AMRB	American River Bankshrs (ca)	—	NEW	New buy
32	PBFS	Pioneer Bancorp Inc/ny	—	NEW	New buy

FAQ

What is Clover Partners, L.P. and what type of investor is it?

Clover Partners, L.P. is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2019-09-30), the firm manages a tracked equity portfolio valued at approximately $43.1M, spread across 27 disclosed positions.

What are Clover Partners, L.P.'s largest equity positions?

Based on the latest 13F filing, Clover Partners, L.P.'s top holdings by market value are: 1. Bancorp Of New Jersey INC (BKJUSD) — $3.8M (8.8%) 2. Malvern Bancorp INC (MLVFUSD) — $2.9M (6.8%) 3. Randolph Bancorp INC — $2.3M (5.4%) 4. Tfs Financial CORP (TFSL) — $2.3M (5.2%) 5. United Community Financial (UCFCUSD) — $2.2M (5.2%)

What changes did Clover Partners, L.P. make in its most recent portfolio filing?

In the latest reported quarter, Clover Partners, L.P. made 29 notable position adjustments: 7 new positions were initiated, 4 existing holdings were added to, 13 positions were partially reduced, and 5 were completely exited. The largest of these moves: Sold out: United Financial Bancorp INC (UBNKUSD); Sold out: Tcf Finl CORP; New buy: First United CORP (FUNC); Sold out: Oceanfirst Financial CORP (OCFC); New buy: Meridian Bancorp INC (EBSB)

What sectors does Clover Partners, L.P. focus on?

Clover Partners, L.P. is concentrated in the following sectors based on its current disclosed equity portfolio: • Financials: 100.0%