# River Oaks Capital LLC

> Institutional holdings reported to the SEC as of Q3 2023 on Form 13F. CIK 1343119. Source: https://holderbook.com/funds/1343119-river-oaks-capital-llc/

- Reported value: $67.9M
- Positions: 46
- Weight of the ten largest: 45.9%
- Filed: 2023-10-27

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| OLD SECOND BANCORP INC DEL | [OSBC](https://holderbook.com/stocks/OSBC/) | $5.2M | 381,100 | 7.6% | 8 |
| PLUMAS BANCORP | [PLBC](https://holderbook.com/stocks/PLBC/) | $3.7M | 107,121 | 5.4% | 12 |
| ORRSTOWN FINL SVCS INC | [ORRF](https://holderbook.com/stocks/ORRF/) | $3.2M | 154,500 | 4.8% | 8 |
| WEBSTER FINL CORP | [WBS](https://holderbook.com/stocks/WBS/) | $3.2M | 79,500 | 4.7% | 3 |
| FIRST BUSINESS FINL SVCS INC | [FBIZ](https://holderbook.com/stocks/FBIZ/) | $2.8M | 94,600 | 4.2% | 8 |
| PEOPLES BANCORP INC | [PEBO](https://holderbook.com/stocks/PEBO/) | $2.8M | 109,500 | 4.1% | 2 |
| SOUTHSTATE CORPORATION | [SSBXXXX](https://holderbook.com/stocks/SSBXXXX/) | $2.6M | 39,200 | 3.9% | 8 |
| ENTERPRISE FINL SVCS CORP | [EFSC](https://holderbook.com/stocks/EFSC/) | $2.6M | 69,400 | 3.8% | 12 |
| SOUTHERN FIRST BANCSHARES | [SFST](https://holderbook.com/stocks/SFST/) | $2.6M | 94,899 | 3.8% | 12 |
| USCB FINANCIAL HOLDINGS INC | [USCB](https://holderbook.com/stocks/USCB/) | $2.5M | 234,600 | 3.6% | 8 |
| AMERIS BANCORP | [ABCB](https://holderbook.com/stocks/ABCB/) | $2.4M | 62,700 | 3.5% | 12 |
| MERIDIAN CORP | [MRBK](https://holderbook.com/stocks/MRBK/) | $2.4M | 243,974 | 3.5% | 12 |
| FINANCIAL INSTITUTIONS INC | [FISI](https://holderbook.com/stocks/FISI/) | $2.3M | 139,000 | 3.4% | 9 |
| PINNACLE FINL PARTNERS INC | [PNFP](https://holderbook.com/stocks/PNFP/) | $2.3M | 34,000 | 3.4% | 12 |
| UNITY BANCORP INC | [UNTY](https://holderbook.com/stocks/UNTY/) | $2.2M | 94,973 | 3.3% | 8 |
| CAPSTAR FINL HLDGS INC | [CSTR](https://holderbook.com/stocks/CSTR/) | $2.0M | 138,445 | 2.9% | 12 |
| FIRST MERCHANTS CORP | [FRME](https://holderbook.com/stocks/FRME/) | $1.7M | 60,500 | 2.5% | 6 |
| COLUMBIA BKG SYS INC | [COLB](https://holderbook.com/stocks/COLB/) | $1.7M | 82,700 | 2.5% | 2 |
| US BANCORP | [USB](https://holderbook.com/stocks/USB/) | $1.5M | 44,900 | 2.2% | 3 |
| BYLINE BANCORP INC | [BY](https://holderbook.com/stocks/BY/) | $1.5M | 73,800 | 2.1% | 8 |
| VILLAGE BK & TR FINL CORP | [VBFC](https://holderbook.com/stocks/VBFC/) | $1.4M | 31,401 | 2.1% | 12 |
| EAST WEST BANCORP INC | [EWBC](https://holderbook.com/stocks/EWBC/) | $1.4M | 26,400 | 2.0% | 12 |
| WESTERN ALLIANCE BANCORP | [WAL](https://holderbook.com/stocks/WAL/) | $1.3M | 28,600 | 1.9% | 12 |
| CITIZENS CMNTY BANCORP INC M | [CZWI](https://holderbook.com/stocks/CZWI/) | $1.3M | 131,299 | 1.9% | 8 |
| FS BANCORP INC | [FSBW](https://holderbook.com/stocks/FSBW/) | $935.6K | 31,714 | 1.4% | 12 |
| BANCORP INC DEL | [TBBK](https://holderbook.com/stocks/TBBK/) | $876.3K | 25,400 | 1.3% | 8 |
| CALIFORNIA BANCORP | [BCAL](https://holderbook.com/stocks/BCAL/) | $850.4K | 60,700 | 1.3% | 2 |
| FIRST NATL CORP VA | [FXNC](https://holderbook.com/stocks/FXNC/) | $846.3K | 48,057 | 1.2% | 8 |
| BANKUNITED INC | [BKU](https://holderbook.com/stocks/BKU/) | $783.1K | 34,500 | 1.2% | 2 |
| COASTAL FINL CORP WA | [CCB](https://holderbook.com/stocks/CCB/) | $772.4K | 18,000 | 1.1% | 8 |
| BRIDGEWATER BANCSHARES INC | [BWB](https://holderbook.com/stocks/BWB/) | $761.2K | 80,296 | 1.1% | 12 |
| FIRST INTST BANCSYSTEM INC | [FIBK](https://holderbook.com/stocks/FIBK/) | $715.8K | 28,700 | 1.1% | 12 |
| TOWNEBANK PORTSMOUTH VA | [TOWN](https://holderbook.com/stocks/TOWN/) | $660.4K | 28,800 | 1.0% | 12 |
| CONNECTONE BANCORP INC | [CNOB](https://holderbook.com/stocks/CNOB/) | $652.6K | 36,600 | 1.0% | 12 |
| SUMMIT FINL GROUP INC | [SMMF](https://holderbook.com/stocks/SMMF/) | $594.7K | 26,386 | 0.9% | 12 |
| CVB FINL CORP | [CVBF](https://holderbook.com/stocks/CVBF/) | $561.7K | 33,900 | 0.8% | 2 |
| UNITED BANKSHARES INC WEST V | [UBSI](https://holderbook.com/stocks/UBSI/) | $515.9K | 18,700 | 0.8% | 8 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $434.9K | 15,200 | 0.6% | 3 |
| SOUTHERN MO BANCORP INC | [SMBC](https://holderbook.com/stocks/SMBC/) | $416.7K | 10,769 | 0.6% | 12 |
| BANK HAWAII CORP | [BOH](https://holderbook.com/stocks/BOH/) | $372.7K | 7,500 | 0.5% | 3 |
| INVESTAR HOLDING CORP | [ISTR](https://holderbook.com/stocks/ISTR/) | $213.4K | 20,150 | 0.3% | 8 |
| MID PENN BANCORP INC | [MPB](https://holderbook.com/stocks/MPB/) | $153.0K | 7,600 | 0.2% | 12 |
| CADENCE BANK | [CADE](https://holderbook.com/stocks/CADE/) | $152.8K | 7,200 | 0.2% | 8 |
| VERITEX HLDGS INC | [VBTX](https://holderbook.com/stocks/VBTX/) | $88.0K | 4,900 | 0.1% | 12 |
| HANCOCK WHITNEY CORPORATION | [HWC](https://holderbook.com/stocks/HWC/) | $59.2K | 1,600 | 0.1% | 8 |
| PEOPLES BANCORP N C INC | [PEBK](https://holderbook.com/stocks/PEBK/) | $15.4K | 700 | 0.0% | 12 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2023 | +4.6% | -3.6% | +8.1% | 100% |
| Q2 2023 | -8.0% | +8.3% | -16.3% | 99% |
| Q1 2023 | -18.6% | +7.0% | -25.6% | 100% |
| Q4 2022 | +5.0% | +7.1% | -2.1% | 100% |
| Q3 2022 | -1.4% | -5.3% | +3.9% | 100% |
| Q2 2022 | -10.9% | -16.5% | +5.5% | 99% |
| Q1 2022 | -4.4% | -4.9% | +0.6% | 100% |
| Q4 2019 | +9.5% | +8.5% | +1.1% | 99% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2023 | $67.9M | 46 |
| Q2 2023 | $65.6M | 47 |
| Q1 2023 | $71.4M | 48 |
| Q4 2022 | $87.8M | 47 |
| Q3 2022 | $91.5M | 51 |
| Q2 2022 | $93.2M | 51 |
| Q1 2022 | $102.9M | 53 |
| Q4 2021 | $108.1M | 55 |
| Q3 2019 | $94.5M | 52 |
| Q2 2019 | $94.8M | 49 |
| Q1 2019 | $91.8M | 51 |
| Q4 2018 | $83.6M | 52 |