Q3 2026 13F · SEC CIK 1059543

Salzhauer Michael

Investment managerFiled 2026-10-28 for Q3 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $237.3M
Reported positions: 74
Top holdings a year, 3 yrs: +24.1%
Average holding period: 7.5 yrs

Salzhauer Michael is an investment manager that reported 74 positions worth $237.3M in its Q3 2026 13F, filed 2026-10-28. Its largest holdings were Bank of Amer Corp (BAC, 28.6%), Citigroup Inc (C, 9.1%), Pinnacle Finl Partners Inc (PNFP, 6.5%). A portfolio copying its top holdings returned 24.1% a year over the last 3 years, against 20.4% for the S&P 500.

Salzhauer Michael holdings largest 50 of 74 positions.

Weights are shares of the filer's total reported 13F value, compared with Q2 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.

Salzhauer Michael 13F holdings
Stock	% of 13F value	Q2 2026	Shares	Share change	Reported value
BACBank of Amer Corp	28.6%	31.3%	1,246,918	-16.6%	$67.9M
CCitigroup Inc	9.1%	8.2%	166,490	+5.1%	$21.6M
PNFPPinnacle Finl Partners Inc	6.5%	5.5%	164,269	+10.6%	$15.4M
COFCapital One Finl Corp	4.1%	3.7%	50,611	+1.2%	$9.8M
PGCPeapack-Gladstone Finl Corp	3.7%	3.8%	201,278	-7.1%	$8.8M
BANCBanc of California Inc	3.0%	3.5%	411,386	-12.2%	$7.1M
SMBKSmartfinancial Inc	2.9%	3.6%	140,895	-33.2%	$7.0M
FRSTPrimis Financial Corp	2.9%	2.8%	450,565	-4.5%	$6.9M
WFCWells Fargo & Co	2.8%	2.6%	81,660	-3.1%	$6.5M
SBCFSeacoast Bkg Corp Fla	2.4%	2.3%	179,767	-6.3%	$5.7M
WALWestern Alliance Bancorp	1.7%	1.7%	55,040	+0.6%	$4.1M
FSUNFirstsun Cap Bancorp	1.6%	2.0%	98,843	-29.9%	$3.8M
HTBIHometrust Bancshares Inc	1.4%	1.4%	74,412	-5.5%	$3.4M
PFSProvident Finl Svcs Inc	1.4%	1.3%	150,682	-1.0%	$3.3M
TCBXThird Coast Bancshares Inc	1.3%	0.9%	72,112	+16.5%	$3.1M
SSBSouthstate Bk Corp	1.3%	1.2%	30,214	-4.3%	$3.0M
FBKFb Finl Corp	1.2%	1.1%	55,665	+0.0%	$2.9M
FHNFirst Horizon Corporation	1.2%	1.2%	119,111	-9.4%	$2.7M
FITBFifth Third Bancorp	1.1%	1.0%	50,191	-0.0%	$2.5M
TFCTruist Finl Corp	1.1%	1.0%	53,934	-0.0%	$2.5M
PNCPnc Finl Svcs Group Inc	0.9%	0.9%	9,598	+0.0%	$2.1M
VABKVirginia Natl Bk Chrlotsvle	0.9%	0.7%	44,277	-3.1%	$2.1M
CNOBConnectone Bancorp Inc	0.8%	0.8%	66,480	-0.3%	$2.0M
DCOMDime Coml Bancshares Inc	0.8%	0.8%	49,187	-9.3%	$1.9M
PBAMPrivate Bancorp of Amer Inc	0.8%	—	21,197	—	$1.8M
CBSHCommerce Bancshares Inc	0.8%	0.9%	32,916	-23.3%	$1.8M
HBANHuntington Bancshares Inc	0.8%	0.8%	117,234	-1.6%	$1.8M
RFRegions Financial Corp New	0.8%	0.7%	66,328	-0.2%	$1.8M
HWCHancock Whitney Corporation	0.7%	0.7%	24,217	-0.1%	$1.7M
BHRBBurke Herbert Finl Svcs Corp	0.7%	0.5%	24,121	+19.3%	$1.7M
SHBIShore Bancshares Inc	0.7%	0.6%	72,157	-0.3%	$1.6M
UNTYUnity Bancorp Inc	0.6%	0.6%	27,774	+8.2%	$1.5M
TOWNTownebank	0.6%	0.6%	42,121	-10.6%	$1.5M
WSFSWsfs Finl Corp	0.6%	0.5%	19,329	+0.0%	$1.5M
AMTBAmerant Bancorp Inc	0.6%	0.5%	50,000	+0.0%	$1.4M
USCBUscb Financial Holdings Inc	0.6%	0.5%	62,229	-0.6%	$1.4M
CFGCitizens Finl Group Inc	0.6%	0.6%	21,091	-1.4%	$1.3M
CFBKCf Bankshares Inc	0.6%	0.5%	39,003	+0.0%	$1.3M
MCBMetropolitan Bk Hldg Corp	0.5%	0.7%	14,924	-17.0%	$1.3M
QCRHQcr Hldgs Inc	0.5%	0.4%	12,083	+0.0%	$1.2M
AAPLApple Inc	0.5%	0.4%	3,418	+0.0%	$1.1M
JPMJpmorgan Chase & Co	0.4%	0.4%	3,201	-0.4%	$1.1M
SSBISummit St Bk Santa Rosa Cali	0.4%	0.4%	72,575	+0.0%	$892K
COSOCoastalsouth Bancshares Inc	0.4%	0.3%	33,046	+0.0%	$866K
BPOPPopular Inc	0.3%	0.3%	5,142	-1.4%	$799K
MSMorgan Stanley	0.3%	0.3%	4,081	+0.0%	$768K
CBFVCb Finl Svcs Inc	0.3%	0.3%	18,903	+0.0%	$696K
SPFISouth Plains Financial Inc	0.3%	0.4%	16,573	-37.3%	$692K
HAFCHanmi Finl Corp	0.3%	0.5%	21,507	-43.7%	$665K
METMetlife Inc	0.3%	—	6,886	—	$648K

What Salzhauer Michael bought and sold in Q3 2026, against Q2 2026.

New positions

Q2 2026's filing was too long to tell new positions apart.

Share counts compared with the Q2 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +31.2% /yr; S&P 500 +20.1%
3 years: +24.1% /yr; S&P 500 +20.4%
5 years: +7.3% /yr; S&P 500 +11.6%

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
Q3 2026	$237.3M	74
Q2 2026	$271.9M	79
Q1 2026	$212.2M	75
Q4 2025	$225.5M	78
Q3 2025	$195.1M	82
Q2 2025	$158.6M	74
Q1 2025	$156.6M	77
Q4 2024	$195.4M	80
Q3 2024	$157.3M	78
Q2 2024	$123.9M	73
Q1 2024	$124.6M	79
Q4 2023	$111.3M	73

Questions about Salzhauer Michael's portfolio

What stocks does Salzhauer Michael own?

Salzhauer Michael's latest 13F, for Q3 2026 and filed Oct 28, 2026, lists 74 positions worth $237.3M. The largest are Bank of Amer Corp (BAC) at 28.6%, Citigroup Inc (C) at 9.1%, Pinnacle Finl Partners Inc (PNFP) at 6.5%, Capital One Finl Corp (COF) at 4.1% and Peapack-Gladstone Finl Corp (PGC) at 3.7%.

What did Salzhauer Michael buy last quarter?

In Q3 2026, Salzhauer Michael added Burke Herbert Finl Svcs Corp (BHRB) (+19.3% shares), Third Coast Bancshares Inc (TCBX) (+16.5% shares) and Pinnacle Finl Partners Inc (PNFP) (+10.6% shares), compared with its Q2 2026 filing.

What did Salzhauer Michael sell last quarter?

In Q3 2026, Salzhauer Michael cut from its top 50 Columbia Bkg Sys Inc Com (COLB), cut from its top 50 Atlantic Un Bankshares Corp (AUB), Hanmi Finl Corp (HAFC) (-43.7% shares), South Plains Financial Inc (SPFI) (-37.3% shares) and Smartfinancial Inc (SMBK) (-33.2% shares), compared with its Q2 2026 filing.

How has Salzhauer Michael's portfolio performed?

A portfolio copying Salzhauer Michael's 20 largest 13F holdings each quarter, from the day each filing was public, returned +24.1% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +31.2% against +20.1%. Over 5 years: +7.3% a year against +11.6%.

When is Salzhauer Michael's next 13F filing due?

13F filings are due 45 days after each quarter ends. Salzhauer Michael's filing for the quarter ending Dec 31, 2026 is due by Feb 14, 2027; this page updates the day after it is published.