1y return+27.3%S&P 500 +20.9%
3y return+95.0%S&P 500 +68.5%
5y return+38.9%S&P 500 +74.5%
10y return+169.8%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $270 against $357 in the S&P 500.2
Salzhauer MichaelS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| BACBank Of Amer Corp | $85.2M | 31.3% | −29.1% |
| CCitigroup Inc | $22.2M | 8.2% | −78.2% |
| PNFPPinnacle Finl Partners Inc | $15.0M | 5.5% | New |
| PGCPeapack-gladstone Finl Corp | $10.3M | 3.8% | −15.3% |
| COFCapital One Finl Corp | $10.0M | 3.7% | +256.1% |
| SMBKSmartfinancial Inc | $9.9M | 3.6% | |
| BANCBanc Of California Inc | $9.6M | 3.5% | −20.4% |
| FRSTPrimis Financial Corp | $7.7M | 2.8% | −31.6% |
| WFCWells Fargo & Co | $7.0M | 2.6% | −41.0% |
| SBCFSeacoast Bkg Corp Fla | $6.4M | 2.3% | −1.5% |
| FSUNFirstsun Cap Bancorp | $5.5M | 2.0% | |
| WALWestern Alliance Bancorp | $4.5M | 1.7% | |
| HTBHometrust Bancshares Inc | $3.9M | 1.4% | |
| PFSProvident Finl Svcs Inc | $3.6M | 1.3% | |
| FHNFirst Horizon Corporation | $3.4M | 1.2% | −53.4% |
| SSBSouthstate Bk Corp | $3.2M | 1.2% | |
| FBKFb Finl Corp | $3.1M | 1.1% | |
| FITBFifth Third Bancorp | $2.8M | 1.0% | +2.4% |
| TFCTruist Finl Corp | $2.7M | 1.0% | |
| TCBXThird Coast Bancshares Inc | $2.5M | 0.9% | +51.9% |
| CBSHCommerce Bancshares Inc | $2.5M | 0.9% | |
| PNCPnc Finl Svcs Group Inc | $2.4M | 0.9% | |
| CNOBConnectone Bancorp Inc | $2.2M | 0.8% | −1.1% |
| DCOMDime Coml Bancshares Inc | $2.2M | 0.8% | −12.9% |
| HBANHuntington Bancshares Inc | $2.1M | 0.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| WFCWells Fargo & Co | September 30, 2020 | +251.5% | $7.0M |
| CCitigroup Inc | September 30, 2020 | +224.7% | $22.2M |
| HTBHometrust Bancshares Inc | June 30, 2020 | +211.8% | $3.9M |
| SMBKSmartfinancial Inc | June 30, 2020 | +190.0% | $9.9M |
| RFRegions Financial Corp New | June 30, 2020 | +171.6% | $2.0M |
| WSFSWsfs Finl Corp | June 30, 2020 | +167.4% | $1.5M |
| PGCPeapack-gladstone Finl Corp | June 30, 2020 | +152.7% | $10.3M |
| BACBank Of Amer Corp | June 30, 2020 | +139.9% | $85.2M |
| PNCPnc Finl Svcs Group Inc | June 30, 2020 | +134.0% | $2.4M |
| CNOBConnectone Bancorp Inc | June 30, 2020 | +107.4% | $2.2M |
Sold off last quarter
- LNKBLinkbancorp Inc was $681K
- SCHLScholastic Corp was $342K
- BAFNBayfirst Financial Corp was $220K
- PFEPfizer Inc was $200K
- BMNRBitmine Immersion Tecnologie was $525
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +17.3% | +14.8% |
| March 31, 2026 | −5.0% | −4.6% |
| December 31, 2025 | +6.5% | +2.4% |
| September 30, 2025 | +7.2% | +7.8% |
| June 30, 2025 | +7.9% | +10.5% |
| March 31, 2025 | −4.7% | −4.6% |
| December 31, 2024 | +8.3% | +2.1% |
| September 30, 2024 | +12.0% | +5.4% |
| June 30, 2024 | −1.2% | +4.0% |
| March 31, 2024 | −0.2% | +10.0% |
| December 31, 2023 | +25.8% | +11.2% |
| September 30, 2023 | −1.0% | −3.6% |
| June 30, 2023 | −5.1% | +8.3% |
| March 31, 2023 | −15.3% | +7.0% |
| December 31, 2022 | +6.1% | +7.1% |
| September 30, 2022 | +2.8% | −5.3% |
| June 30, 2022 | −18.2% | −16.5% |
| March 31, 2022 | −5.5% | −4.9% |
| December 31, 2021 | +4.3% | +10.7% |
| September 30, 2021 | +0.9% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Salzhauer Michael Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1059543&type=13F-HR&dateb=&owner=include&count=40CIK 1059543
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1059543/000105954326000003/Filed July 20, 2026 · accession 0001059543-26-000003