Jacobs Asset Management, Llc Buys Allstate Corp, MediaAlpha Inc, WSFS Financial Corp, Sells LendingClub Corp, , Signature Bank

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Feb 11, 2022
New York, NY, based Investment company Jacobs Asset Management, Llc (Current Portfolio) buys Allstate Corp, MediaAlpha Inc, WSFS Financial Corp, Silvergate Capital Corp, MainStreet Bancshares Inc, sells LendingClub Corp, , Signature Bank, First Citizens BancShares Inc, OceanFirst Financial Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Jacobs Asset Management, Llc. As of 2021Q4, Jacobs Asset Management, Llc owns 38 stocks with a total value of $220 million. These are the details of the buys and sells.

For the details of JACOBS ASSET MANAGEMENT, LLC's stock buys and sells, go to https://www.gurufocus.com/guru/jacobs+asset+management%2C+llc/current-portfolio/portfolio

These are the top 5 holdings of JACOBS ASSET MANAGEMENT, LLC
  1. Popular Inc (BPOP) - 200,000 shares, 7.47% of the total portfolio. Shares reduced by 16.67%
  2. A-Mark Precious Metals Inc (AMRK) - 240,000 shares, 6.68% of the total portfolio. Shares reduced by 4%
  3. LendingClub Corp (LC) - 450,150 shares, 4.96% of the total portfolio. Shares reduced by 39.16%
  4. First BanCorp (FBP) - 604,400 shares, 3.79% of the total portfolio. Shares reduced by 16.63%
  5. Central Pacific Financial Corp (CPF) - 287,500 shares, 3.69% of the total portfolio.
New Purchase: Allstate Corp (ALL)

Jacobs Asset Management, Llc initiated holding in Allstate Corp. The purchase prices were between $107.13 and $129, with an estimated average price of $118.04. The stock is now traded at around $123.280000. The impact to a portfolio due to this purchase was 2.68%. The holding were 50,000 shares as of 2021-12-31.

New Purchase: MediaAlpha Inc (MAX)

Jacobs Asset Management, Llc initiated holding in MediaAlpha Inc. The purchase prices were between $14.41 and $19.32, with an estimated average price of $16.64. The stock is now traded at around $11.740000. The impact to a portfolio due to this purchase was 2.63%. The holding were 374,705 shares as of 2021-12-31.

New Purchase: WSFS Financial Corp (WSFS)

Jacobs Asset Management, Llc initiated holding in WSFS Financial Corp. The purchase prices were between $47.5 and $55.67, with an estimated average price of $52.37. The stock is now traded at around $52.710000. The impact to a portfolio due to this purchase was 2.4%. The holding were 105,000 shares as of 2021-12-31.

New Purchase: Silvergate Capital Corp (SI)

Jacobs Asset Management, Llc initiated holding in Silvergate Capital Corp. The purchase prices were between $132.6 and $222.13, with an estimated average price of $172.09. The stock is now traded at around $123.880000. The impact to a portfolio due to this purchase was 1.69%. The holding were 25,000 shares as of 2021-12-31.

New Purchase: Lightspeed Commerce Inc (LSPD)

Jacobs Asset Management, Llc initiated holding in Lightspeed Commerce Inc. The purchase prices were between $38.89 and $101.21, with an estimated average price of $67.14. The stock is now traded at around $32.290000. The impact to a portfolio due to this purchase was 1.37%. The holding were 74,300 shares as of 2021-12-31.

New Purchase: OneMain Holdings Inc (OMF)

Jacobs Asset Management, Llc initiated holding in OneMain Holdings Inc. The purchase prices were between $47.89 and $60.29, with an estimated average price of $52.77. The stock is now traded at around $53.560000. The impact to a portfolio due to this purchase was 1.25%. The holding were 55,000 shares as of 2021-12-31.

Added: MainStreet Bancshares Inc (MNSB)

Jacobs Asset Management, Llc added to a holding in MainStreet Bancshares Inc by 171.66%. The purchase prices were between $22.84 and $26, with an estimated average price of $24.3. The stock is now traded at around $25.040000. The impact to a portfolio due to this purchase was 1.45%. The holding were 204,718 shares as of 2021-12-31.

Added: Washington Federal Inc (WAFD)

Jacobs Asset Management, Llc added to a holding in Washington Federal Inc by 40.13%. The purchase prices were between $32.06 and $36.39, with an estimated average price of $34.48. The stock is now traded at around $35.440000. The impact to a portfolio due to this purchase was 0.98%. The holding were 225,000 shares as of 2021-12-31.

Added: ChoiceOne Financial Services Inc (COFS)

Jacobs Asset Management, Llc added to a holding in ChoiceOne Financial Services Inc by 26.15%. The purchase prices were between $24.3 and $26.49, with an estimated average price of $25.44. The stock is now traded at around $26.220000. The impact to a portfolio due to this purchase was 0.27%. The holding were 109,272 shares as of 2021-12-31.

Sold Out: (CIT)

Jacobs Asset Management, Llc sold out a holding in . The sale prices were between $46.31 and $53.88, with an estimated average price of $50.97.

Sold Out: Signature Bank (SBNY)

Jacobs Asset Management, Llc sold out a holding in Signature Bank. The sale prices were between $289.16 and $339.63, with an estimated average price of $312.64.

Sold Out: First Citizens BancShares Inc (FCNCA)

Jacobs Asset Management, Llc sold out a holding in First Citizens BancShares Inc. The sale prices were between $766.02 and $885.55, with an estimated average price of $834.53.

Sold Out: OceanFirst Financial Corp (OCFC)

Jacobs Asset Management, Llc sold out a holding in OceanFirst Financial Corp. The sale prices were between $20.6 and $23.21, with an estimated average price of $21.8.

Sold Out: PennyMac Financial Services Inc (PFSI)

Jacobs Asset Management, Llc sold out a holding in PennyMac Financial Services Inc. The sale prices were between $61.32 and $70.57, with an estimated average price of $66.12.

Sold Out: Paysafe Ltd (PSFE)

Jacobs Asset Management, Llc sold out a holding in Paysafe Ltd. The sale prices were between $3.38 and $8.27, with an estimated average price of $5.49.



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