Established in Q1 of 2008, Elizabeth Park Capital Management (Elizabeth Park) is an Ohio-based hedge fund manager founded by Fred Cummings. Specializing in long/short equity and event-driven strategies, Elizabeth Park serves a global client base. The firm prioritizes capital preservation at the core of its portfolio construction process, with a strong emphasis on rigorous risk management practices.
Fred Cummings is the President and Founder of Elizabeth Park Capital Management, specializing in long/short equity and event-driven investments within the banking sector. The firm collaborates with Strandview Capital and the Btech Consortium Fund to support community bank technology investments and manages the Mission Driven Bank Fund, investing in CDFIs and MDIs nationwide. With over 30 years of experience, Fred is known for his disciplined approach to portfolio management. Previously, he held senior roles at KeyBanc Capital Markets and FSI Group, starting his career at McDonald & Co. Fred holds a BA in Economics from Oberlin College and actively supports various educational initiatives.
Elizabeth Park Capital Advisors, Ltd. manages assets for 7 clients with discretionary assets under management (AUM) totaling $341,321,695 based on the form ADV from March 2024. In their latest 13F filing for Q1 2024, the firm reported $120,530,516 in managed 13F securities, with a top 10 holdings concentration of 31.53%. Elizabeth Park Capital Advisors, Ltd.'s largest holding is QCR Holdings Inc., with 123,026 shares held.
| Fund Name: | Elizabeth Park Capital Management |
| Manager | Fred Cummings |
| Portfolio Value | $123,846,593 |
| Change This QTR | +1.07% |
| No. | Security | Ticker | Shares | Value | Activity | % Port | History |
|---|---|---|---|---|---|---|---|
| 1. | QCRH | 119,268 | $8,829,410 | 7.12% | |||
| 2. | SASR | 178,085 | $5,586,526 | -10% | 4.51% | ||
| 3. | Stellar Bancorp Inc | 186,217 | $4,821,158 | 3.89% | |||
| 4. | VBFC | 54,493 | $4,155,091 | 3.35% | |||
| 5. | VABK | 98,076 | $4,084,865 | 3.29% |
| Symbol | Company | Filed By | Filing Date | Filing |
|---|---|---|---|---|
| 2022-02-11 | ||||
| 2022-02-11 | ||||
| 2022-02-11 | ||||
| 2022-02-11 | ||||
| 2020-02-10 |
