13F-HR 1 hca13f3qtr.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: September 30, 2006 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: Hovde Capital Advisors LLC Address: 1826 Jefferson Place, NW Washington, D.C. 20036 Form 13F File Number: 28-10714 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: Richard J. Perry, Jr. Title: Managing Member Phone: (202) 822-8117 Signature, Place, and Date of Signing: /s/ Richard J. Perry, Jr. Washington, D.C. November 15, 2006 ------------------------- ---------------- ---------------- Richard J. Perry, Jr. [City, State] [Date] Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 56 Form 13F Information Table Value Total: $353,135 (thousands) List of Other Included Managers: NONE Provide a numbered list of the name(s) and Form 13F file numbers(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE Name Title of CUSIP Total Value Of Shares Or Sh/ Investment Other Voting Authority Class Shares Held Prn Amt Put/ Discretion Managers Sole Shared None (in $1,000's) Prn Call CORTEZ COMMUNITY BANK COM 220564108 729 60,000 Sh Sole 60,000 ABN AMRO HOLDING NV COM 000937102 8,639 295,658 Sh Sole 295,658 AMERICAN BANCORP N J INC COM 02407E104 5,006 422,467 Sh Sole 422,467 AMERICREDIT CORP COM 03060R101 14,806 592,476 Sh Sole 592,476 ASSURANT INC COM 04621X108 22,997 430,566 Sh Sole 430,566 ALLSTATE CORP COM 020002101 16,910 269,575 Sh Sole 269,575 GREATER DELAWARE VALLEY COM 391688108 461 18,468 Sh Sole 18,468 AMCORE FINANCIAL INC COM 023912108 1,411 46,579 Sh Sole 46,579 ATLANTIC BANCGROUP INC COM 048221105 1,892 55,234 Sh Sole 55,234 BANCORP RHODE ISLAND INC COM 059690107 8,326 188,156 Sh Sole 188,156 BANKFINANCIAL CORPORATION COM 06643P104 7,423 424,423 Sh Sole 424,423 BANK OF NEW YORK CO INC COM 064057102 11,239 318,740 Sh Sole 318,740 CALWEST BANCORP (CA) COM 13169Q102 173 9,900 Sh Sole 9,900 CENTRAL FLA ST BK BELLEVIEW COM 153479100 521 29,450 Sh Sole 29,450 CIT GROUP INC NEW COM 125581108 11,147 229,214 Sh Sole 229,214 COMERICA INC COM 200340107 7,629 134,029 Sh Sole 134,029 COMMUNITY WEST BANCSHARES COM 204157101 1,988 128,114 Sh Sole 128,114 COMMONWEALTH BANKSHARES INC-VA COM 202736104 379 13,905 Sh Sole 13,905 DCB FINANCIAL CORP COM 233075100 2,366 80,214 Sh Sole 80,214 ENTERPRISE BANCORP INC MASS COM 293668109 535 33,668 Sh Sole 33,668 EAGLE BANCORP INC MD COM 268948106 164 8,776 Sh Sole 8,776 ENDURANCE SPECIALTY COM 303971060 7,824 221,905 Sh Sole 221,905 EQUITABLE FINANCIAL CORP COM 29448R109 679 67,865 Sh Sole 67,865 EVERGREENBANCORP INC COM 300349107 771 51,565 Sh Sole 51,565 FIRST LONG ISLAND CORP COM 320734106 7,473 166,817 Sh Sole 166,817 FREDDIE MAC-VOTING COMMON COM 313400301 6,276 94,613 Sh Sole 94,613 GOLDMAN SACHS GROUP INC COM 38141G104 7,697 45,500 Sh Sole 45,500 HARTFORD FINANCIAL SERVICES COM 416515104 11,807 136,103 Sh Sole 136,103 JACKSONVILLE BANCORP INC FLA COM 469249106 1,098 31,380 Sh Sole 31,380 K-FED BANCORP COM 48246S101 13,916 869,721 Sh Sole 869,721 MB FINANCIAL INC COM 55264U108 7,599 206,100 Sh Sole 206,100 NATIONAL MERCANTILE BANCORP COM 636912206 3,988 325,535 Sh Sole 325,535 MDC HOLDINGS INC-DEL COM 552676108 3,865 83,200 Sh Sole 83,200 METLIFE INC COM 59156R108 13,472 237,690 Sh Sole 237,690 MARTIN MARIETTA MATERIALS INC COM 573284106 5,851 69,140 Sh Sole 69,140 MERCHANTS & MANUFACTURERS COM 588327106 1,347 39,050 Sh Sole 39,050 MAX RE CAPITAL LTD COM 6052F1032 6,694 291,533 Sh Sole 291,533 NATIONAL ATLANTIC HOLDINGS COM 63253Y107 21,042 1,837,731 Sh Sole 1,837,731 KNIGHT CAPITAL GROUP INC COM 499005106 6,411 352,278 Sh Sole 352,278 NORTH POINTE HLDGS CORP COM 661696104 5,040 544,236 Sh Sole 544,236 NORTHRIM BANCORP INC COM 666762109 4,879 185,549 Sh Sole 185,549 OCEAN SHORE HOLDING CO COM 67501P107 10,268 811,535 Sh Sole 811,535 PEOPLES FINANCIAL CORP-MISS COM 71103B102 654 25,633 Sh Sole 25,633 EPLUS INC COM 294268107 11,371 1,166,305 Sh Sole 1,166,305 PRUDENTIAL FINANCIAL INC COM 744320102 7,107 93,201 Sh Sole 93,201 RAM HOLDINGS LTD COM 7368R1043 2,094 161,109 Sh Sole 161,109 REINSURANCE GROUP OF AMERICA COM 759351109 7,458 143,626 Sh Sole 143,626 SCOTTISH RE GROUP LIMITED COM 735374103 18,274 1,681,154 Sh Sole 1,681,154 SERVICE BANCORP INC COM 81756X103 3,115 95,101 Sh Sole 95,101 SI FINANCIAL GROUP INC COM 78425W102 199 16,823 Sh Sole 16,823 SOUTHERN CONNECTICUT BANCORP COM 84264A102 438 61,700 Sh Sole 61,700 SWS GROUP INC COM 78503N107 5,416 217,616 Sh Sole 217,616 UNITED COMMUNITY BANCORP COM 90984H103 449 42,197 Sh Sole 42,197 URS CORP NEW COM 903236107 6,466 166,275 Sh Sole 166,275 WESTBOROUGH FINL SVCS INC COM 957136104 193 7,100 Sh Sole 7,100 GREAT WOLF RESORTS INC COM 391523107 17,163 1,435,057 Sh Sole 1,435,057 Total 353,135