Salzhauer Michael Buys Bank of America Corp, BankUnited Inc, FB Financial Corp, Sells Franklin Financial Network Inc, SB One Bancorp, Ameris Bancorp

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Aug 05, 2020
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New York, NY, based Investment company Salzhauer Michael (Current Portfolio) buys Bank of America Corp, BankUnited Inc, FB Financial Corp, Synovus Financial Corp, Cowen Inc, sells Franklin Financial Network Inc, SB One Bancorp, Ameris Bancorp, Dime Community Bancshares Inc, Codorus Valley Bancorp Inc during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Salzhauer Michael. As of 2020Q2, Salzhauer Michael owns 79 stocks with a total value of $76 million. These are the details of the buys and sells.

For the details of SALZHAUER MICHAEL's stock buys and sells, go to https://www.gurufocus.com/guru/salzhauer+michael/current-portfolio/portfolio

These are the top 5 holdings of SALZHAUER MICHAEL
  1. Bank of America Corp (BAC) - 344,197 shares, 10.71% of the total portfolio. Shares added by 408.00%
  2. Cowen Inc (COWN) - 480,630 shares, 10.21% of the total portfolio. Shares added by 20.34%
  3. Southern National Bancorp of Virginia Inc (SONA) - 726,039 shares, 9.22% of the total portfolio. Shares added by 21.24%
  4. Synovus Financial Corp (SNV) - 165,626 shares, 4.46% of the total portfolio. Shares added by 79.82%
  5. Peapack Gladstone Financial Corp (PGC) - 141,516 shares, 3.48% of the total portfolio. Shares added by 25.35%
New Purchase: BankUnited Inc (BKU)

Salzhauer Michael initiated holding in BankUnited Inc. The purchase prices were between $13.99 and $24.4, with an estimated average price of $18.74. The stock is now traded at around $20.80. The impact to a portfolio due to this purchase was 3.15%. The holding were 118,775 shares as of .

New Purchase: FB Financial Corp (FBK)

Salzhauer Michael initiated holding in FB Financial Corp. The purchase prices were between $18.19 and $27.87, with an estimated average price of $22.25. The stock is now traded at around $25.25. The impact to a portfolio due to this purchase was 2.56%. The holding were 78,795 shares as of .

New Purchase: Crescent Capital BDC Inc (CCAP)

Salzhauer Michael initiated holding in Crescent Capital BDC Inc. The purchase prices were between $8.68 and $13.25, with an estimated average price of $11.47. The stock is now traded at around $11.84. The impact to a portfolio due to this purchase was 0.91%. The holding were 55,149 shares as of .

New Purchase: Provident Financial Services Inc (PFS)

Salzhauer Michael initiated holding in Provident Financial Services Inc. The purchase prices were between $11.32 and $16.09, with an estimated average price of $13.37. The stock is now traded at around $13.42. The impact to a portfolio due to this purchase was 0.67%. The holding were 35,244 shares as of .

New Purchase: Apple Inc (AAPL)

Salzhauer Michael initiated holding in Apple Inc. The purchase prices were between $240.91 and $366.53, with an estimated average price of $308.62. The stock is now traded at around $436.96. The impact to a portfolio due to this purchase was 0.34%. The holding were 720 shares as of .

New Purchase: Columbia Banking System Inc (COLB)

Salzhauer Michael initiated holding in Columbia Banking System Inc. The purchase prices were between $20.33 and $30.81, with an estimated average price of $25.5. The stock is now traded at around $29.01. The impact to a portfolio due to this purchase was 0.27%. The holding were 7,264 shares as of .

Added: Bank of America Corp (BAC)

Salzhauer Michael added to a holding in Bank of America Corp by 408.00%. The purchase prices were between $19.77 and $28.54, with an estimated average price of $23.6. The stock is now traded at around $25.41. The impact to a portfolio due to this purchase was 8.6%. The holding were 344,197 shares as of .

Added: Synovus Financial Corp (SNV)

Salzhauer Michael added to a holding in Synovus Financial Corp by 79.82%. The purchase prices were between $14.55 and $25.79, with an estimated average price of $19.3. The stock is now traded at around $20.43. The impact to a portfolio due to this purchase was 1.98%. The holding were 165,626 shares as of .

Added: Cowen Inc (COWN)

Salzhauer Michael added to a holding in Cowen Inc by 20.34%. The purchase prices were between $8.84 and $16.21, with an estimated average price of $12.07. The stock is now traded at around $17.00. The impact to a portfolio due to this purchase was 1.73%. The holding were 480,630 shares as of .

Added: Southern National Bancorp of Virginia Inc (SONA)

Salzhauer Michael added to a holding in Southern National Bancorp of Virginia Inc by 21.24%. The purchase prices were between $8.14 and $11.73, with an estimated average price of $9.63. The stock is now traded at around $8.48. The impact to a portfolio due to this purchase was 1.62%. The holding were 726,039 shares as of .

Added: Sterling Bancorp (STL)

Salzhauer Michael added to a holding in Sterling Bancorp by 61.67%. The purchase prices were between $8.47 and $15.17, with an estimated average price of $11.43. The stock is now traded at around $11.61. The impact to a portfolio due to this purchase was 0.86%. The holding were 146,998 shares as of .

Added: Peapack Gladstone Financial Corp (PGC)

Salzhauer Michael added to a holding in Peapack Gladstone Financial Corp by 25.35%. The purchase prices were between $14.68 and $21.88, with an estimated average price of $17.74. The stock is now traded at around $16.24. The impact to a portfolio due to this purchase was 0.7%. The holding were 141,516 shares as of .

Sold Out: SB One Bancorp (SBBX)

Salzhauer Michael sold out a holding in SB One Bancorp. The sale prices were between $14.75 and $20.86, with an estimated average price of $17.35.

Sold Out: Codorus Valley Bancorp Inc (CVLY)

Salzhauer Michael sold out a holding in Codorus Valley Bancorp Inc. The sale prices were between $11.15 and $16.1, with an estimated average price of $13.4.

Sold Out: Madison Square Garden Sports Corp (MSGS)

Salzhauer Michael sold out a holding in Madison Square Garden Sports Corp. The sale prices were between $145.35 and $182.44, with an estimated average price of $165.1.

Sold Out: RBB Bancorp (RBB)

Salzhauer Michael sold out a holding in RBB Bancorp. The sale prices were between $11.25 and $14.75, with an estimated average price of $12.94.

Sold Out: Pfizer Inc (PFE)

Salzhauer Michael sold out a holding in Pfizer Inc. The sale prices were between $31.75 and $38.51, with an estimated average price of $35.78.

Sold Out: Wells Fargo & Co (WFC)

Salzhauer Michael sold out a holding in Wells Fargo & Co. The sale prices were between $22.53 and $33.32, with an estimated average price of $27.42.



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