# Petiole USA ltd: Form 13F holdings

An institutional investment manager in New York, NY. SEC CIK 1600202.

- Quarter ended: 2026-06-30
- Filed: 2026-08-13
- Reported value: $139.1m
- Positions: 31 (31 lines in the filing's table; lines for the same security and option type are added together here)
- Compared with: the 13F for the quarter ended 2026-03-31
- Filing: https://www.sec.gov/Archives/edgar/data/1600202/000117266126003356/

## Holdings

As filed, largest first. Reported value is what the manager stated at the quarter end (Jun 30, 2026), in US dollars; it is filing data, not a price. Weight is the share of the total reported value.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| [COMMERCIAL BANCGROUP INC (CBK)](/companies/cbk.md) | COM | $9.4m | 6.8% | 291,014 |  | Unchanged |
| [FIRST NATL CORP VA (FXNC)](/companies/fxnc.md) | COM | $9.2m | 6.6% | 305,340 |  | Reduced −2,600 |
| [COLONY BANKCORP INC (CBAN)](/companies/cban.md) | COM | $9.0m | 6.5% | 448,563 |  | Reduced −6,200 |
| [RENASANT CORP (RNST)](/companies/rnst.md) | COM | $8.3m | 5.9% | 194,245 |  | Reduced −1,100 |
| [BANC OF CALIFORNIA INC (BANC)](/companies/banc.md) | COM | $8.1m | 5.8% | 397,168 |  | Added +1 |
| [ORRSTOWN FINL SVCS INC (ORRF)](/companies/orrf.md) | COM | $6.8m | 4.9% | 167,766 |  | Reduced −4,000 |
| [MID PENN BANCORP INC (MPB)](/companies/mpb.md) | COM | $6.7m | 4.8% | 192,411 |  | Reduced −2,100 |
| [HANCOCK WHITNEY CORPORATION (HWC)](/companies/hwc.md) | COM | $6.4m | 4.6% | 86,218 |  | Unchanged |
| [CNB FINL CORP PA (CCNE)](/companies/ccne.md) | COM | $6.4m | 4.6% | 189,241 |  | Unchanged |
| [CARTER BANKSHARES INC (CARE)](/companies/care.md) | COM NEW | $6.1m | 4.4% | 179,222 |  | Reduced −202,151 |
| [UMB FINL CORP (UMBF)](/companies/umbf.md) | COM | $6.1m | 4.4% | 42,622 |  | Unchanged |
| [WESTERN ALLIANCE BANCORP (WAL)](/companies/wal.md) | COM | $5.4m | 3.9% | 65,838 |  | Reduced −12,665 |
| [FIRST CTZNS BANCSHARES INC D (FCNCA)](/companies/fcnca.md) | CL A | $5.0m | 3.6% | 2,415 |  | Unchanged |
| [WINTRUST FINL CORP (WTFC)](/companies/wtfc.md) | COM | $4.8m | 3.4% | 29,750 |  | Unchanged |
| [FIRST MERCHANTS CORP (FRME)](/companies/frme.md) | COM | $4.1m | 3.0% | 94,047 |  | Unchanged |
| [CALIFORNIA BANCORP (BCAL)](/companies/bcal.md) | COM | $4.0m | 2.8% | 189,804 |  | Reduced −2,500 |
| [PRIMIS FINANCIAL CORP (FRST)](/companies/frst.md) | COM | $3.8m | 2.7% | 230,222 |  | Unchanged |
| [SHORE BANCSHARES INC (SHBI)](/companies/shbi.md) | COM | $3.4m | 2.4% | 147,487 |  | Unchanged |
| [EQUITY BANCSHARES INC (EQBK)](/companies/eqbk.md) | COM CL A | $2.8m | 2.0% | 57,364 |  | Unchanged |
| [FIRST NORTHWEST BANCORP (FNWB)](/companies/fnwb.md) | COM | $2.7m | 2.0% | 254,197 |  | Reduced −3,700 |
| FIRST BK WILLIAMSTOWN NEW JE | COM | $2.7m | 2.0% | 154,660 |  | Unchanged |
| [CITIZENS FINL GROUP INC (CFG)](/companies/cfg.md) | COM | $2.6m | 1.9% | 37,217 |  | Reduced −19,837 |
| [PINNACLE FINL PARTNERS INC (PNFP)](/companies/pnfp.md) | COM | $2.6m | 1.9% | 25,694 |  | Reduced −14,711 |
| [HANMI FINL CORP (HAFC)](/companies/hafc.md) | COM NEW | $2.2m | 1.6% | 68,451 |  | Reduced −1,400 |
| [F N B CORP (FNB)](/companies/fnb.md) | COM | $1.9m | 1.4% | 99,250 |  | Reduced −50,901 |
| [HUNTINGTON BANCSHARES INC (HBAN)](/companies/hban.md) | COM | $1.9m | 1.4% | 106,040 |  | Reduced −62,900 |
| [COLUMBIA BKG SYS INC (COLB)](/companies/colb.md) | COM | $1.7m | 1.2% | 51,752 |  | Reduced −25,338 |
| [EAST WEST BANCORP INC (EWBC)](/companies/ewbc.md) | COM | $1.6m | 1.2% | 12,600 |  | Reduced −6,000 |
| [SOUTHSTATE BK CORP (SSB)](/companies/ssb.md) | COM | $1.5m | 1.0% | 14,575 |  | Reduced −7,450 |
| [BANNER CORP (BANR)](/companies/banr.md) | COM NEW | $1.3m | 0.9% | 19,615 |  | Reduced −11,470 |
| [SB FINL GROUP INC (SBFG)](/companies/sbfg.md) | COM | $668.1k | 0.5% | 26,437 |  | Reduced −142,381 |

## Sold out

Held at the end of the quarter before and not reported this quarter.

| Issuer | Class | Reported value | Weight | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | ---: | --- | --- |
| WEBSTER FINL CORP | COM | $0 | 0.0% | 0 |  | Sold out −101,875 |

Source: SEC EDGAR, Form 13F-HR, accession 0001172661-26-003356. Last ingested by Listed: Oct 22, 2026, 05:26 ET. No prices; not investment advice.