Q2 2026 13F · SEC CIK 1569147

PL Capital Advisors, LLC

Hedge fundFiled 2026-07-31 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $359.8M
Reported positions: 31
Top holdings a year, 3 yrs: +24.4%
Assets under management: $326.5M

PL Capital Advisors, LLC is a hedge fund that reported 31 positions worth $359.8M in its Q2 2026 13F, filed 2026-07-31. Its largest holdings were Financial Institutions, Inc (FISI, 19.7%), Banc of California Inc (BANC, 13.9%), Enterprise Finl Svcs Corp (EFSC, 13.4%). A portfolio copying its top holdings returned 24.4% a year over the last 3 years, against 22.3% for the S&P 500.

PL Capital Advisors, LLC holdings all 31 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

PL Capital Advisors, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
FISIFinancial Institutions, Inc	19.7%	17.4%	1,816,102	+0.0%	$70.8M
BANCBanc of California Inc	13.9%	15.6%	2,449,219	-17.0%	$50.0M
EFSCEnterprise Finl Svcs Corp	13.4%	12.0%	733,329	+0.0%	$48.3M
HBNCHorizon Bancorp Ind	10.1%	9.1%	1,812,825	+0.0%	$36.2M
FRMEFirst Merchants Corp	8.3%	8.0%	686,333	+0.0%	$30.0M
FNBF N B Corp	5.3%	5.0%	992,765	+0.0%	$18.9M
ARBVAmerican Riviera Bancorp	4.1%	4.1%	569,500	+0.0%	$14.6M
FNWDFinward Bancorp	4.0%	4.3%	395,716	+0.0%	$14.6M
FLGFlagstar Bank National Assoc	3.5%	3.3%	835,335	+0.0%	$12.5M
IBCPIndependent Bk Corp Mich	3.2%	3.2%	318,985	+0.0%	$11.5M
CWBCCommunity West Bancshares	2.5%	2.3%	329,551	+0.0%	$8.9M
FRBAFirst Bk Williamstown New Je	2.4%	2.3%	478,887	+0.0%	$8.5M
CHMGChemung Finl Corp	2.3%	1.8%	109,336	+0.0%	$8.2M
FRSTPrimis Financial Corp	1.1%	0.9%	237,241	+0.0%	$3.9M
NBTBNbt Bancorp Inc	1.0%	2.7%	73,030	-64.9%	$3.6M
MGYRMagyar Bancorp Inc Com	0.9%	1.0%	183,317	+0.0%	$3.2M
OPFIOppfi Inc	0.8%	New	300,000	—	$3.0M
ORRFOrrstown Financial Services	0.7%	0.7%	64,356	+0.0%	$2.6M
FHNFirst Horizon Corporation	0.7%	0.7%	100,000	+0.0%	$2.6M
PGCPeapack-Gladstone Finl Corp	0.6%	0.5%	45,500	+0.0%	$2.2M
FMBMF&m Bk Corp Cap Stk	0.4%	0.3%	35,213	+0.2%	$1.3M
RMBIRichmond Mut Bancorporation	0.3%	0.3%	61,719	+0.0%	$980K
SBFGSb Finl Group Inc	0.2%	0.2%	33,101	+10.3%	$836K
45332V105Inbankshares	0.2%	0.2%	54,085	+0.0%	$717K
PBAMPrivate Bancorp of Amer Inc	0.1%	0.1%	7,000	+0.0%	$518K
PBNCPb Finl	0.1%	0.1%	7,102	+0.0%	$486K
CBAFCitba Finl	0.1%	0.1%	11,502	+0.0%	$431K
FNRNFirst Northn Cmnty Bancorp	0.1%	0.2%	20,325	-47.0%	$365K
FMBHFirst Mid Bancshares Inc	0.0%	0.0%	3,344	+0.0%	$161K
MFGIMerchants Financial Group Inc	0.0%	0.0%	1,380	+0.0%	$54K
RVSBRiverview Bancorp Inc	0.0%	New	895	—	$5K

What PL Capital Advisors, LLC bought and sold in Q2 2026, against Q1 2026.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +21.8% /yr; S&P 500 +11.7%
3 years: +24.4% /yr; S&P 500 +22.3%
5 years: +3.8% /yr; S&P 500 +10.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$359.8M	31
Q1 2026	$331.6M	30
Q4 2025	$317.2M	26
Q3 2025	$301.4M	26
Q2 2025	$299.7M	25
Q1 2025	$297.7M	27
Q4 2024	$293.0M	29
Q3 2024	$280.9M	27
Q2 2024	$240.5M	28
Q1 2024	$262.5M	31
Q4 2023	$289.3M	34
Q3 2023	$249.9M	34

Questions about PL Capital Advisors, LLC's portfolio

What stocks does PL Capital Advisors, LLC own?

PL Capital Advisors, LLC's latest 13F, for Q2 2026 and filed Jul 31, 2026, lists 31 positions worth $359.8M. The largest are Financial Institutions, Inc (FISI) at 19.7%, Banc of California Inc (BANC) at 13.9%, Enterprise Finl Svcs Corp (EFSC) at 13.4%, Horizon Bancorp Ind (HBNC) at 10.1% and First Merchants Corp (FRME) at 8.3%.

What did PL Capital Advisors, LLC buy last quarter?

In Q2 2026, PL Capital Advisors, LLC added a new position in Oppfi Inc (OPFI), a new position in Riverview Bancorp Inc (RVSB) and Sb Finl Group Inc (SBFG) (+10.3% shares), compared with its Q1 2026 filing.

What did PL Capital Advisors, LLC sell last quarter?

In Q2 2026, PL Capital Advisors, LLC sold all of Bnccorp (BNCC), Nbt Bancorp Inc (NBTB) (-64.9% shares), First Northn Cmnty Bancorp (FNRN) (-47.0% shares) and Banc of California Inc (BANC) (-17.0% shares), compared with its Q1 2026 filing.

How has PL Capital Advisors, LLC's portfolio performed?

A portfolio copying PL Capital Advisors, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.4% a year over the last 3 years, against +22.3% for the S&P 500. Over 1 year: +21.8% against +11.7%. Over 5 years: +3.8% a year against +10.6%.

When is PL Capital Advisors, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. PL Capital Advisors, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does PL Capital Advisors, LLC manage?

PL Capital Advisors, LLC reported $326.5M of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $359.8M.