FJ Capital Management Amends HBCP Stake, Signals Continued Interest

TL;DR

**FJ Capital Management just updated their HBCP stake, still a key player.**

AI Summary

FJ Capital Management LLC, an investment firm, filed an amended Schedule 13G/A on February 8, 2024, indicating a change in their ownership of Home Bancorp, Inc. (HBCP) common stock as of December 31, 2023. This amendment, the tenth for this filing, signals that FJ Capital Management LLC, along with its associated entities like Bridge Equities and Financial Opportunity Funds, continues to be a significant shareholder, which could influence future corporate decisions or provide a vote of confidence in the company's prospects.

Why It Matters

This filing shows that a major institutional investor, FJ Capital Management LLC, is still actively involved with Home Bancorp, Inc., which can be a positive signal for current and potential shareholders.

Risk Assessment

Risk Level: low — This is an informational filing about an existing investor's position, not indicating any immediate negative events or significant changes in company fundamentals.

Analyst Insight

Investors should note that a prominent institutional investor, FJ Capital Management LLC, continues to hold a position in Home Bancorp, Inc. (HBCP). While this filing doesn't reveal specific changes in share count, the continued presence of such an investor can be a factor in assessing the stock's stability and institutional interest.

Key Numbers

• 10 — Amendment Number (This is the tenth amendment to the Schedule 13G filing for FJ Capital Management LLC regarding Home Bancorp, Inc.)
• 20231231 — Date of Event (The date as of which the ownership information in the filing is reported.)
• 43689E107 — CUSIP Number (The unique identification number for Home Bancorp, Inc.'s Common Stock.)

Key Players & Entities

• FJ Capital Management LLC (company) — the reporting person filing the SC 13G/A
• Home Bancorp, Inc. (company) — the subject company whose stock is being reported (HBCP)
• Bridge Equities III LLC (company) — a group member associated with the reporting person
• Financial Opportunity Fund LLC (company) — a group member associated with the reporting person
• Martin S. Friedman (person) — a group member associated with the reporting person

Forward-Looking Statements

• FJ Capital Management LLC will maintain a significant stake in Home Bancorp, Inc. for the foreseeable future. (FJ Capital Management LLC) — medium confidence, target: 2025-12-31

FAQ

Filing Documents

• eps11128_hbcp.htm (SC 13G/A) — 254KB
• 0001171520-24-000101.txt ( ) — 256KB

(a)

Item 1(a). Name of Issuer: Home Bancorp (HBCP)

(b)

Item 1(b). Address of Issuer’s Principal Executive Offices: 503 Kaliste Saloom Road Lafayette, LA 70508

(a)

Item 2(a). Name of Person Filing: This Schedule 13G is being filed on behalf of the following Reporting Persons: Financial Opportunity Fund LLC Financial Opportunity Long/Short Fund LLC FJ Capital Management LLC Martin Friedman Bridge Equities III, LLC Bridge Equities VIII, LLC Bridge Equities IX, LLC Bridge Equities X, LLC Bridge Equities XIV, LLC SunBridge Manager, LLC SunBridge Holdings, LLC White Oak Enterprises, Inc.

(b)

Item 2(b). Address of Principal Business Office or, if None, Residence: FJ Capital Management, LLC 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Financial Opportunity Fund LLC 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Financial Opportunity Long/Short Fund LLC 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Martin S. Friedman 7901 Jones Branch Drive, Suite 210 McLean, VA 22102 Bridge Equities III, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 Bridge Equities VIII, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 Bridge Equities IX, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 CUSIP No. 43689E107 Page 16 of 24 Bridge Equities X, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 Bridge Equities XIV, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 SunBridge Manager LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 SunBridge Holdings LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 White Oak Enterprises, Inc. 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759

(c)

Item 2(c). Citizenship: Financial Opportunity Fund LLC, Financial Opportunity Long/Short Fund LLC, Bridge Equities III, LLC, Bridge Equities VIII, LLC, Bridge Equities IX, LLC, Bridge Equities X, LLC, Bridge Equities XIV, LLC and FJ Capital Management LLC, SunBridge Manager, LLC, SunBridge Holdings, LLC – Delaware limited liability companies Martin Friedman – United States citizen White Oak Enterprises, Inc. – Maryland corporation

(d)

Item 2(d). Title of Class of Securities: Common Stock

(e)

Item 2(e). CUSIP Number: 43689E107 Item 3. If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a: (a) Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); CUSIP No. 43689E107 Page 17 of 24 (f) An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); (g) A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G); (h) A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); (j) Group, in accordance with §240.13d-1(b)(1)(ii)(J). Item 4. Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. (a) Amount beneficially owned: FJ Capital Management LLC – 788,106 shares Financial Opportunity Fund LLC – 338,027 shares Financial Opportunity Long/Short Fund LLC – 15,023 shares Martin S. Friedman – 794,568 shares Bridge Equities III, LLC – 231,533 shares Bridge Equities VIII, LLC – 41,276 shares Bridge Equities IX, LLC – 33,032 shares Bridge Equities X, LLC – 20,627 shares Bridge Equities XIV, LLC – 82,919 shares SunBridge Manager, LLC – 409,387 shares SunBridge Holdings, LLC - 409,387 shares White Oak Enterprises, Inc. – 409,387 shares (b) Percent of class: FJ Capi

View Full Filing

View this SC 13G/A filing on SEC EDGAR