Petiole USA ltd
Annual return '25
+14.7%
SPY '25
+17.7%
Alpha
-3.0ptsvs SPY
Invested
$143M
Holdings
32
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 98%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$CBAN
COLONY BANKCORP INC
Q1 2026: Exited (was 462.8k shares)
6.4%
02
$CARE
CARTER BANKSHARES INC
Q1 2026: Exited (was 386.9k shares)
6.2%
03
$FXNC
FIRST NATL CORP VA
Q1 2026: Exited (was 311.4k shares)
5.8%
04
$CBK
COMMERCIAL BANCGROUP INC
Q1 2026: Exited (was 312.5k shares)
5.3%
05
$WBS
WEBSTER FINL CORP
Q1 2026: Exited (was 101.9k shares)
4.9%
06
$RNST
RENASANT CORP
Q1 2026: Exited (was 196.8k shares)
4.9%
07
$BANC
BANC OF CALIFORNIA INC
Q1 2026: Exited (was 397.2k shares)
4.9%
08
$MPB
MID PENN BANCORP INC
Q1 2026: Exited (was 197.1k shares)
4.4%
09
$ORRF
ORRSTOWN FINL SVCS INC
Q1 2026: Exited (was 177.0k shares)
4.3%
10
$WAL
WESTERN ALLIANCE BANCORP
Q1 2026: Exited (was 81.1k shares)
3.9%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 14:50 UTC.