JCSD Capital, LLC

1. Portfolio Overview

JCSD Capital, LLC executed a significant expansion of its portfolio during the quarter ending September 30, 2025. The total portfolio value surged by 111.0%, growing from $41.05 million to $86.63 million. This dramatic increase in assets under management (AUM) was driven primarily by capital deployment into existing and new positions rather than just market appreciation. The portfolio remains highly concentrated, holding only 17 positions, which indicates a high-convic...