SALZHAUER MICHAEL Q4 2025 Filing

Filed February 2, 2026

Portfolio Value

$244.3M

Holdings

82

Report Date

Q4 2025

Filing Type

13F-HR

All Holdings (82 positions)

#StockSharesValue% PortfolioType
1
BACBANK AMERICA CORP
1,848,819$83.6M34.21%Put
2
TRVCCITIGROUP INC
444,202$19.0M7.77%Call
3
FRSTPRIMIS FINANCIAL CORP
744,614$10.4M4.24%
4
BANCBANC OF CALIFORNIA INC
552,145$8.9M3.66%Call
5
SMBKSMARTFINANCIAL INC
225,903$8.4M3.42%
6
WFCWELLS FARGO CO NEW
88,260$7.7M3.16%Call
7
SYU1SYNOVUS FINL CORP
151,523$7.6M3.10%
8
PGCPEAPACK-GLADSTONE FINL CORP
269,242$7.5M3.07%
9
SBG1SEACOAST BKG CORP FLA
194,667$6.1M2.50%
10
FSUNFIRSTSUN CAP BANCORP
140,960$5.3M2.17%
11
WEAWESTERN ALLIANCE BANCORP
46,671$3.9M1.61%
12
PNFPPINNACLE FINL PARTNERS INC
36,837$3.5M1.44%
13
CMACOMERICA INC
76,602$3.5M1.43%Call
14
HTBHOMETRUST BANCSHARES INC
78,525$3.4M1.38%
15
FBKFB FINL CORP
58,694$3.3M1.34%
16
FT2FIRST HORIZON CORPORATION
275,773$3.2M1.31%Call
17
COFCAPITAL ONE FINL CORP
12,868$3.1M1.28%
18
SSBSOUTHSTATE BK CORP
31,581$3.0M1.22%
19
TFCTRUIST FINL CORP
54,327$2.7M1.09%
20
WBSWEBSTER FINL CORP
40,289$2.5M1.04%
21
PQ3PROVIDENT FINL SVCS INC
128,203$2.5M1.04%
22
HBANHUNTINGTON BANCSHARES INC
116,107$2.0M0.82%
23
PNCPNC FINL SVCS GROUP INC
9,598$2.0M0.82%
24
DCOMDIME CMNTY BANCSHARES INC
62,202$1.9M0.77%
25
MCBMETROPOLITAN BK HLDG CORP
23,955$1.8M0.75%
26
RFREGIONS FINANCIAL CORP NEW
66,450$1.8M0.74%
27
CNOBCONNECTONE BANCORP INC
67,091$1.8M0.72%
28
CFGCITIZENS FINL GROUP INC
76,391$1.7M0.70%Call
29
VABKVIRGINIA NATL BANKSHARES COR
41,033$1.6M0.67%
30
TCBXTHIRD COAST BANCSHARES INC
40,275$1.5M0.63%
31
HWCHANCOCK WHITNEY CORPORATION
23,132$1.5M0.60%
32
KEYKEYCORP
175,614$1.4M0.59%Call
33
SHBISHORE BANCSHARES INC
72,057$1.3M0.52%
34
HAFCHANMI FINL CORP
46,932$1.3M0.52%
35
SSBISUMMIT ST BK SANTA ROSA CALI
92,499$1.1M0.44%
36
WSFSWSFS FINL CORP
19,329$1.1M0.44%
37
JPMJPMORGAN CHASE & CO.
3,215$1.0M0.42%
38
QCRHQCR HOLDINGS INC
12,197$1.0M0.42%
39
TOWNTOWNEBANK PORTSMOUTH VA
29,071$970K0.40%
40
AAPLAPPLE INC
3,418$929K0.38%
41
SPFISOUTH PLAINS FINANCIAL INC
22,546$874K0.36%
42
USCBUSCB FINANCIAL HOLDINGS INC
45,729$842K0.34%
43
COSOCOASTALSOUTH BANCSHARES INC
32,746$761K0.31%
44
DWDMORGAN STANLEY
4,131$733K0.30%
45
BPOPPOPULAR INC
5,394$671K0.27%
46
CFBKCF BANKSHARES INC
26,764$667K0.27%
47
CBFVCB FINL SVCS INC
18,903$658K0.27%
48
COLBCOLUMBIA BKG SYS INC
22,686$634K0.26%
49
AUBATLANTIC UN BANKSHARES CORP
16,578$585K0.24%
50
ABCBAMERIS BANCORP
7,376$547K0.22%
51
CARECARTER BANKSHARES INC
27,744$545K0.22%
52
METMETLIFE INC
6,886$543K0.22%
53
XOMEXXON MOBIL CORP
4,500$541K0.22%
54
UCBUNITED CMNTY BKS BLAIRSVLE G
17,032$531K0.22%
55
SCHLSCHOLASTIC CORP
17,700$524K0.21%
56
UTBUNITY BANCORP INC
9,424$487K0.20%
57
ORRFORRSTOWN FINL SVCS INC
13,734$486K0.20%
58
UWMCUWM HOLDINGS CORPORATION
502,244$486K0.20%Call
59
TAT&T INC
19,498$484K0.20%
60
LNKBLINKBANCORP INC
54,385$449K0.18%
61
CIVBCIVISTA BANCSHARES INC
19,420$431K0.18%
62
BAFNBAYFIRST FINANCIAL CORP
53,906$423K0.17%
63
AMTBAMERANT BANCORP INC
20,000$390K0.16%
64
BMYBRISTOL-MYERS SQUIBB CO
26,053$364K0.15%Call
65
VBNKVERSABANK NEW
21,443$320K0.13%
66
HIGHARTFORD INSURANCE GROUP INC
2,246$309K0.13%
67
BACVERIZON COMMUNICATIONS INC
7,528$306K0.13%
68
AFBIAFFINITY BANCSHARES INC
15,027$306K0.13%
69
ZIONZIONS BANCORPORATION N A
5,200$304K0.12%
70
VVISA INC
800$280K0.11%
71
ALSALLSTATE CORP
1,287$267K0.11%
72
CBCHUBB LIMITED
824$257K0.11%
73
INDBINDEPENDENT BK CORP MASS
3,529$257K0.11%
74
MSGSMADISON SQUARE GRDN SPRT COR
992$256K0.10%
75
FDLFIRST TR EXCHANGE-TRADED FD
4,753$210K0.09%
76
TRVTRAVELERS COMPANIES INC
700$203K0.08%
77
VLYVALLEY NATL BANCORP
150,000$187K0.08%Call
78
BMNRBITMINE IMMERSION TECNOLOGIE
15,800$181K0.07%Call
79
CD8CRESUD S A C I F Y A
10,000$126K0.05%
80
GQ9SPDR GOLD TR
30,000$52K0.02%Put
81
ARANTERO RESOURCES CORP
35,000$41K0.02%Call
82
EGBNEAGLE BANCORP INC MD
20,000$6K0.00%Call