0000950123-11-050598.txt : 20110516 0000950123-11-050598.hdr.sgml : 20110516 20110516140730 ACCESSION NUMBER: 0000950123-11-050598 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110331 FILED AS OF DATE: 20110516 DATE AS OF CHANGE: 20110516 EFFECTIVENESS DATE: 20110516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FSI GROUP, LLC CENTRAL INDEX KEY: 0001041241 IRS NUMBER: 311437546 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-06728 FILM NUMBER: 11845481 BUSINESS ADDRESS: STREET 1: 441 VINE STREET STREET 2: SUITE 1300 CITY: CINCINNATI STATE: OH ZIP: 45202 BUSINESS PHONE: 5132416166 MAIL ADDRESS: STREET 1: 441 VINE STREET STREET 2: SUITE 1300 CITY: CINCINNATI STATE: OH ZIP: 45202 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL STOCKS INC DATE OF NAME CHANGE: 19970618 13F-HR 1 c17159e13fvhr.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2011 Check here if Amendment [ ]; Amendment Number: ____ This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: FSI Group, LLC Address: 441 Vine Street Suite 1300 Cincinnati, Ohio 45202 13F File Number: 28-6728 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: John M. Stein Title: President Phone: (513) 746-2200 Signature, Place, and Date of Signing: John M. Stein Cincinnati, Ohio May 11, 2011 --------------------- ---------------- ------------ Report Type (Check only one.): [X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.) [ ] 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).) [ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).) List of Other Managers Reporting for this Manager: N/A -1- FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 1 Form 13F Information Table Entry Total: 56 Form 13F Information Table Value Total: $166,332 (thousands) List of Other Included Managers: Elbrook Holdings, LLC -2-
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8 ---------------- ---------------- ---------- ----------- -------------------------- ----------- -------------- --------------------- Name of Issuer Title of Class CUSIP FMV (000's) SH or PRN SH\PRN PUT\ CALL Inv. Discr. Oth Mgrs Sole Shared None ---------------- ---------------- ---------- ----------- --------- ------ --------- ----------- -------------- --------- ------ ---- ALLIANCE BANCORP INC COM 01890A108 $ 856 80,000 SH SOLE 80,000 0 0 AMERICAN CAPITAL LTD COM 02503Y103 $ 5,445 550,000 SH SOLE 550,000 0 0 AMERICAN FINANCIAL GROUP COM 025932104 $ 4,448 127,000 SH SOLE 127,000 0 0 AMERISERV FINL INC COM 03074A102 $ 5,001 2,110,000 SH DEFINED ELBROOK HOLDINGS, LLC 2,110,000 0 0 BALTIC TRADING LTD COM Y0553W103 $ 2,014 220,800 SH SOLE 220,800 0 0 BCSB BANCORP INC COM 055367106 $ 2,254 170,107 SH SOLE 170,107 0 0 BCSB BANCORP INC COM 055367106 $ 153 11,582 SH DEFINED ELBROOK HOLDINGS, LLC 11,582 0 0 CAPITAL ONE FINL CORP. W EXP 11/14/2018 14040H139 $ 6,116 282,766 SH SOLE 282,766 0 0 CHICOPEE BANCORP INC COM 168565109 $ 455 32,520 SH DEFINED ELBROOK HOLDINGS, LLC 32,520 0 0 CITIGROUP INC COM 172967101 $ 11,007 2,490,332 SH SOLE 2,490,332 0 0 CITIGROUP INC COM 172967101 $ 4,538 1,026,796 SH DEFINED ELBROOK HOLDINGS, LLC 1,026,796 0 0 CITIZENS REPUBLIC BANCORP COM 174420109 $ 445 500,000 SH SOLE 500,000 0 0 CITIZENS REPUBLIC BANCORP COM 174420109 $ 445 500,000 SH DEFINED ELBROOK HOLDINGS, LLC 500,000 0 0 COMMONWEALTH BANKSHARES INC COM 202736104 $ 431 463,236 SH DEFINED ELBROOK HOLDINGS, LLC 463,236 0 0 COMMUNITY BANKERS TRUST CORP COM 203612106 $ 659 568,000 SH DEFINED ELBROOK HOLDINGS, LLC 568,000 0 0 CORESITE REALTY CORP COM 21870Q105 $ 792 50,000 SH SOLE 50,000 0 0 DIGITAL RLTY TRUST INC COM 253868103 $ 1,395 24,000 SH SOLE 24,000 0 0 DORAL FINANCIAL CORP COM NEW 25811P886 $ 326 296,371 SH SOLE 296,371 0 0 DORAL FINANCIAL CORP COM NEW 25811P886 $ 2,530 2,300,000 SH DEFINED ELBROOK HOLDINGS, LLC 2,500,000 0 0 DUPONT FABROS TECHNOLOGY COM 26613Q106 $ 982 40,500 SH SOLE 40,500 0 0 EAST WEST BANCORP INC COM 27579R104 $ 1,326 60,384 SH DEFINED ELBROOK HOLDINGS, LLC 60,384 0 0 FXCM, INC. COM CLA 302693106 $ 3,909 300,000 SH SOLE 300,000 0 0 GREAT SOUTHERN BANCORP INC COM 390905107 $ 371 17,282 SH DEFINED ELBROOK HOLDINGS, LLC 17,282 0 0 GULFPORT ENERGY CORP. COM NEW 402635304 $ 587 16,250 SH SOLE 16,250 0 0 HILLTOP HOLDINGS INC COM 432748101 $ 2,510 250,000 SH SOLE 250,000 0 0 JMP GROUP INC COM 46629U107 $ 1,148 133,333 SH DEFINED ELBROOK HOLDINGS, LLC 133,333 0 0 JPMORGAN CHASE & CO COM 46625H100 $ 3,084 66,895 SH DEFINED ELBROOK HOLDINGS, LLC 66,895 0 0 JP MORGAN CHASE & CO. W EXP 10/28/2018 46634E114 $ 4,936 294,132 SH SOLE 294,132 0 0 KKR FINANCIAL HLDGS INC COM 48248A306 $ 4,699 480,000 SH SOLE 480,000 0 0 LEUCADIA NATIONAL CORP COM 527288104 $ 3,589 95,607 SH SOLE 95,607 0 0 MACKINAC FINANCIAL CORP COM 554571109 $ 2,047 340,000 SH DEFINED ELBROOK HOLDINGS, LLC 340,000 0 0 MAIDEN HOLDINGS LTD SHS G5753U112 $ 8,988 1,200,000 SH DEFINED ELBROOK HOLDINGS, LLC 1,200,000 0 0 METLIFE INC COM 59156R108 $ 4,908 109,728 SH SOLE 109,728 0 0 NAVIOS MARITIME HOLDINGS INC COM Y62196103 $ 3,129 548,919 SH SOLE 548,919 0 0 NEW YORK CMNTY BANCORP COM 649445103 $ 2,158 125,000 SH DEFINED ELBROOK HOLDINGS, LLC 125,000 0 0 NYSE EURONEXT COM 629491101 $ 7,034 200,000 SH SOLE 200,000 0 0 OMNIAMERICAN BANCORP INC COM 68216R107 $ 563 35,564 SH DEFINED ELBROOK HOLDINGS, LLC 35,564 0 0 ORIENTAL FINANCIAL GROUP INC COM 68618W100 $ 9,194 732,600 SH DEFINED ELBROOK HOLDINGS, LLC 980,786 0 0 PEOPLES FEDERAL BANCSHARES INC COM 711037101 $ 1,953 138,987 SH SOLE 138,987 0 0 PNC FINL SVCS GROUP INC W EXP 12/31/2018 693475121 $ 3,254 217,489 SH SOLE 217,489 0 0 POPULAR INC COM 733174106 $ 2,960 1,013,796 SH SOLE 1,103,796 0 0 POPULAR INC COM 733174106 $ 1,469 503,000 SH DEFINED ELBROOK HOLDINGS, LLC 503,000 0 0 PRUDENTIAL FINANCIAL INC COM 744320102 $ 5,234 85,000 SH SOLE 85,000 0 0 SEACOAST BANKING CORP COM 811707306 $ 1,143 723,231 SH DEFINED ELBROOK HOLDINGS, LLC 723,231 0 0 SOUTHERN NATIONAL BANCORP COM 843395104 $ 1,453 202,950 SH DEFINED ELBROOK HOLDINGS, LLC 202,950 0 0 SUMMIT HOTEL PPTYS COM 866082100 $ 3,976 400,000 SH SOLE 400,000 0 0 SUNTRUST BANKS COM 867914103 $ 4,326 150,000 SH SOLE 150,000 0 0
SUNTRUST BANKS COM 867914103 $ 4,326 150,000 SH DEFINED ELBROOK HOLDINGS, LLC 150,000 0 0 TIDELANDS BANCSHARES INC COM 886374107 $ 207 300,000 SH DEFINED ELBROOK HOLDINGS, LLC 300,000 0 0 UMB FINANCIAL CORP COM 902788108 $ 1,026 27,457 SH DEFINED ELBROOK HOLDINGS, LLC 27,457 0 0 UNUMPROVIDENT CORP COM 91529Y106 $ 3,297 125,581 SH SOLE 125,581 0 0 WALTER INVESTMENT MANAGEMENT COM 93317W102 $ 4,033 250,000 SH SOLE 250,000 0 0 WASHINGTON BANKING CO COM 937303105 $ 7,426 526,670 SH DEFINED ELBROOK HOLDINGS, LLC 526,670 0 0 WEST COAST BANCORP COM 952145100 $ 1,253 360,995 SH DEFINED ELBROOK HOLDINGS, LLC 360,995 0 0 WESTERN ALLIANCE BANCORP COM 957638109 $ 2,557 311,046 SH SOLE 311,046 0 0 WESTERN ALLIANCE BANCORP COM 957638109 $ 1,969 239,519 SH DEFINED ELBROOK HOLDINGS, LLC 239,519 0 0