Top 5 Stock Picks of Anton Schutz’s Mendon Capital

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Below is the list of the top 5 stock picks of Anton Schutz’s Mendon Capital. For a comprehensive list and detailed discussion about Anton Schutz’s investment strategy, please see the Top 10 Stock Picks of Anton Schutz’s Mendon Capital.

5. Spirit of Texas Bancshares, Inc. (NASDAQ:STXB)

Mendon Capital’s Stake Value: $12.3 million

Percentage of Mendon Capital’s 13F Portfolio: 4.21%

Number of Hedge Fund Holders: 9

Anton Schutz’s Mendon Capital lifted its existing stake in Spirit of Texas Bancshares, Inc. (NASDAQ:STXB) during the September quarter. The commercial and retail banking services provider is a member of Mendon’s 13F portfolio since the second quarter of 2018. Its shares are up 50% year to date and the company offers a dividend of 1.79%. The company posted $31 million in third-quarter revenue while net income stood at around $10.5 million.

According to Insider Monkey data, Mendon Capital Advisors is the leading stakeholder in a small-cap company. As of June, it was in 9 hedge funds’ portfolios. 

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