Q2 2026 13F · SEC CIK 1059543

Salzhauer Michael

Investment managerFiled 2026-07-20 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $271.9M
Reported positions: 79
Top holdings a year, 3 yrs: +24.1%
Average holding period: 7.5 yrs

Salzhauer Michael is an investment manager that reported 79 positions worth $271.9M in its Q2 2026 13F, filed 2026-07-20. Its largest holdings were Bank of Amer Corp (BAC, 31.3%), Citigroup Inc Com New (C, 8.2%), Pinnacle Finl Partners Inc Com (PNFP, 5.5%). 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 79 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.

Salzhauer Michael 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
BACBank of Amer Corp	31.3%	26.8%	1,495,610	-29.1%	$85.2M
CCitigroup Inc Com New	8.2%	13.8%	158,427	-78.2%	$22.2M
PNFPPinnacle Finl Partners Inc Com	5.5%	—	148,566	—	$15.0M
PGCPeapack-Gladstone Finl Corp	3.8%	4.2%	216,632	-15.3%	$10.3M
COFCapital One Financial Corp	3.7%	1.2%	49,996	+256.1%	$10.0M
SMBKSmartfinancial Inc	3.6%	3.9%	211,013	-0.8%	$9.9M
BANCBanc of California Inc	3.5%	3.3%	468,559	-20.4%	$9.6M
FRSTPrimis Financial Corp. (FRST)	2.8%	4.3%	471,795	-31.6%	$7.7M
WFCWells Fargo Co New	2.6%	3.4%	84,289	-41.0%	$7.0M
SBCFSeacoast Banking Corp of Florida	2.3%	2.8%	191,867	-1.5%	$6.4M
FSUNFirstsun Cap Bancorp	2.0%	2.4%	140,987	+0.0%	$5.5M
WALWestern Alliance Bancorp	1.7%	1.8%	54,721	+0.9%	$4.5M
HTBIHometrust Bancshares Inc	1.4%	1.6%	78,725	+0.0%	$3.9M
PFSProvident Finl Svcs Inc	1.3%	1.5%	152,203	+0.0%	$3.6M
FHNFirst Horizon Corporation	1.2%	1.5%	131,446	-53.4%	$3.4M
SSBSouthstate Bank Ord	1.2%	1.4%	31,581	+0.0%	$3.2M
FBKFb Finl Corp	1.1%	1.4%	55,665	-0.1%	$3.1M
FITBFifth Third Bancorp	1.0%	1.1%	50,194	+2.4%	$2.8M
TFCTruist Financial Ord Shs	1.0%	1.2%	53,937	+0.0%	$2.7M
TCBXThird Coast Bancshares I	0.9%	0.7%	61,899	+51.9%	$2.5M
CBSHCommerce Bancshares Incorporated	0.9%	1.0%	42,916	+0.2%	$2.5M
PNCPnc Finl Svcs Group Inc	0.9%	0.9%	9,598	+0.0%	$2.4M
CNOBConnectone Bancorp Inc	0.8%	0.9%	66,680	-1.1%	$2.2M
DCOMDime Coml Bancshares Inc	0.8%	1.0%	54,202	-12.9%	$2.2M
HBANHuntington Bancshares Inc Com	0.8%	0.9%	119,107	+0.0%	$2.1M
VABKVirginia Natl Bk Chrlotsvle	0.7%	0.8%	45,672	+0.0%	$2.0M
RFRegions Financial Corp New	0.7%	0.8%	66,450	+0.0%	$2.0M
HWCHancock Whitney Corporation	0.7%	0.7%	24,232	+0.0%	$1.8M
MCBMetropolitan Bank Hld	0.7%	0.7%	17,974	+0.5%	$1.8M
TOWNTownebank Portsmouth Va	0.6%	0.7%	47,121	+0.0%	$1.7M
SHBIShore Bancshares (SHBI)	0.6%	0.6%	72,357	+0.0%	$1.7M
UNTYUnity Bancorp	0.6%	0.5%	25,674	+32.2%	$1.5M
CFGCitizens Finl Group Inc	0.6%	0.8%	21,391	-82.4%	$1.5M
WSFSWSFS Financial (WSFS)	0.5%	0.6%	19,329	+0.0%	$1.5M
BHRBBurke & Herbert Finl Svcs Corp	0.5%	—	20,219	—	$1.5M
USCBUscb Finl Hldgs Inc Class A	0.5%	0.5%	62,629	+19.0%	$1.3M
CFBKCf Bankshares Inc	0.5%	0.5%	39,003	+0.0%	$1.3M
AMTBAmerant Bancorp Inc	0.5%	—	50,000	—	$1.3M
HAFCHanmi Finl Corp	0.5%	0.7%	38,201	-29.5%	$1.2M
QCRHQcr Hldgs Inc	0.4%	0.5%	12,083	-1.4%	$1.2M
SPFISouth Plains Financial Inc	0.4%	0.4%	26,431	+17.2%	$1.1M
JPMJpmorgan Chase & Co	0.4%	0.4%	3,215	+0.0%	$1.1M
AAPLApple Inc	0.4%	0.4%	3,418	+0.0%	$989K
SSBISummit St Bk Santa Rosa Calif	0.4%	0.5%	72,575	+0.0%	$984K
COSOCoastalsouth Bancshares Inc	0.3%	0.4%	33,046	+0.0%	$887K
BPOPPopular	0.3%	0.3%	5,215	+0.0%	$856K
MSMorgan Stanley Com New	0.3%	0.3%	4,081	-1.2%	$853K
COLBColumbia Bkg Sys Inc	0.3%	0.3%	22,686	+0.0%	$727K
CBFVCb Finl Svcs Inc	0.3%	0.3%	18,903	+0.0%	$716K
AUBAtlantic Un Bankshares Corp	0.3%	0.3%	16,578	+0.0%	$701K

What Salzhauer Michael bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

COF Capital One Financial Corp+256.1% shares
TCBX Third Coast Bancshares I+51.9% shares
UNTY Unity Bancorp+32.2% shares
USCB Uscb Finl Hldgs Inc Class A+19.0% shares
SPFI South Plains Financial Inc+17.2% shares

Reduced

CFG Citizens Finl Group Inc-82.4% shares
C Citigroup Inc Com New-78.2% shares
FHN First Horizon Corporation-53.4% shares
WFC Wells Fargo Co New-41.0% shares
FRST Primis Financial Corp. (FRST)-31.6% shares
HAFC Hanmi Finl Corp-29.5% shares
BAC Bank of Amer Corp-29.1% shares
BANC Banc of California Inc-20.4% shares

Left the top 50

Share counts compared with the Q1 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 and rebuilt each quarter on the day the filing became public. 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	$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
Q3 2023	$92.0M	66

Questions about Salzhauer Michael's portfolio

What stocks does Salzhauer Michael own?

Salzhauer Michael's latest 13F, for Q2 2026 and filed Jul 20, 2026, lists 79 positions worth $271.9M. The largest are Bank of Amer Corp (BAC) at 31.3%, Citigroup Inc Com New (C) at 8.2%, Pinnacle Finl Partners Inc Com (PNFP) at 5.5%, Peapack-Gladstone Finl Corp (PGC) at 3.8% and Capital One Financial Corp (COF) at 3.7%.

What did Salzhauer Michael buy last quarter?

In Q2 2026, Salzhauer Michael added Capital One Financial Corp (COF) (+256.1% shares), Third Coast Bancshares I (TCBX) (+51.9% shares) and Unity Bancorp (UNTY) (+32.2% shares), compared with its Q1 2026 filing.

What did Salzhauer Michael sell last quarter?

In Q2 2026, Salzhauer Michael cut from its top 50 Keycorp (KEY), cut from its top 50 Linkbancorp Inc (LNKB), cut from its top 50 Ameris Bancorp (ABCB), Citizens Finl Group Inc (CFG) (-82.4% shares), Citigroup Inc Com New (C) (-78.2% shares) and First Horizon Corporation (FHN) (-53.4% shares), compared with its Q1 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 Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.