0001193125-11-222614.txt : 20110815
0001193125-11-222614.hdr.sgml : 20110815
20110815122042
ACCESSION NUMBER: 0001193125-11-222614
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110815
DATE AS OF CHANGE: 20110815
EFFECTIVENESS DATE: 20110815
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: SANDLER ONEILL ASSET MANAGEMENT LLC
CENTRAL INDEX KEY: 0001040762
IRS NUMBER: 133906061
STATE OF INCORPORATION: NY
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-07148
FILM NUMBER: 111034492
BUSINESS ADDRESS:
STREET 1: 712 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10019
BUSINESS PHONE: 2129741700
MAIL ADDRESS:
STREET 1: 712 FIFTH AVENUE
CITY: NEW YORK
STATE: NY
ZIP: 10019
13F-HR
1
d13fhr.txt
FORM 13F HOLDINGS REPORT
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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: Sandler O'Neill Asset Management, LLC
Address: 150 East 52nd Street, 30th Floor
New York, NY 10022
13 File Number: 28-7148
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 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: TERRY MALTESE
Title: President/CEO
Phone: (212) 486-7300
Signature, Place and Date of Signing:
TERRY MALTESE August 12, 2011
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT.
[_] 13F NOTICE.
[_] 13F COMBINATION REPORT.
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 139
Form 13F Information Table Value Total: 730048
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- ------
D 1ST CENTY BK NATL AS SN COM ST COMMON STOCK 31943X102 3107 842000 SH SOLE 842000 0 0
D 1st United Bancorp Inc. (FL) C COMMON STOCK 33740N105 8161 1312000 SH SOLE 1312000 0 0
D ACCESS NATL CORP COM STK COMMON STOCK 004337101 1325 184000 SH SOLE 184000 0 0
D AIRLEASE CORPORATION COMMON STOCK 00912X302 7117 293000 SH SOLE 293000 0 0
D AMERICAN CAPITAL AGENCY CORP COMMON STOCK 02503X105 1456 50000 SH SOLE 50000 0 0
D AMERICAN RIVER BANKS HARES COM COMMON STOCK 029326105 5711 937700 SH SOLE 937700 0 0
D AMERIS BANCORP COM STK COMMON STOCK 03076K108 2915 328600 SH SOLE 328600 0 0
D ANCHOR BANCORP COM STK COMMON STOCK 032838104 647 69300 SH SOLE 69300 0 0
D AON CORPORATION COM STK COMMON STOCK 037389103 9624 187600 SH SOLE 187600 0 0
D ARTHUR J GALLAGHER & CO COMMON STOCK 363576109 8539 299200 SH SOLE 299200 0 0
D ATHENS BANCSHARES CORP COM STK COMMON STOCK 047042106 3640 270000 SH SOLE 270000 0 0
D BANCFIRST CORP COM STK COMMON STOCK 05945F103 6624 171600 SH SOLE 171600 0 0
D BANK OF AMERICA 7.25% SER L PE PRFD STK (CONVRT 060505682 2206 2200 SH SOLE 2200 0 0
D BANK MUTUAL CORPORATION COMMON STOCK 063750103 448 122200 SH SOLE 122200 0 0
D BANK OF NEW YORK MELLON CORP COMMON STOCK 064058100 7942 310000 SH SOLE 310000 0 0
D BANNER CORP COM STK COMMON STOCK 06652V208 3383 193300 SH SOLE 193300 0 0
D BAR HARBOR BANKSHARE S COM STK COMMON STOCK 066849100 7047 249911 SH SOLE 249911 0 0
D BLACKROCK INC COM NEW COMMON STOCK 09247X101 3222 16800 SH SOLE 16800 0 0
D BOSTON PRIVATE FINL HOLDINGS COMMON STOCK 101119105 1152 175000 SH SOLE 175000 0 0
D BRIDGE CAPITAL HOLDINGS COMMON STOCK 108030107 6792 613000 SH SOLE 613000 0 0
D CAPITALSOURCE INC COM STK COMMON STOCK 14055X102 456 70700 SH SOLE 70700 0 0
D CENTERSTATE BANKS INC COMMON STOCK 15201P109 420 60700 SH SOLE 60700 0 0
D CENTURY BANCORP INC COM STK COMMON STOCK 156432106 5369 202900 SH SOLE 202900 0 0
D CHICOPEE BANCORP COMMON STOCK 168565109 3792 265200 SH SOLE 265200 0 0
D CITIGROUP INC COM STK COMMON STOCK 172967424 20508 492500 SH SOLE 492500 0 0
D CITIZENS & NORTHN CO RP COM ST COMMON STOCK 172922106 5074 336700 SH SOLE 336700 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- ------
D CITY NATIONAL CORP CA COM STK COMMON STOCK 178566105 9118 168068 SH SOLE 168068 0 0
D CNB FINANCIAL CORP ( PA) COM S COMMON STOCK 126128107 2070 149000 SH SOLE 149000 0 0
D COLUMBIA BANKING SYSTEM INC COMMON STOCK 197236102 1858 107900 SH SOLE 107900 0 0
D COMERICA INC COM STK COMMON STOCK 200340107 1815 52500 SH SOLE 52500 0 0
D CONNECTICUT BK & TR CO HARTFO COMMON STOCK 207546102 1879 287300 SH SOLE 287300 0 0
D DORAL FINL CORP COM STK COMMON STOCK 25811P886 9388 4790000 SH SOLE 4790000 0 0
D EAGLE BANCORP INC COM STK COMMON STOCK 268948106 2536 190700 SH SOLE 190700 0 0
D EAGLE BANCORP MONTANA INC COM COMMON STOCK 26942G100 3427 320600 SH SOLE 320600 0 0
D EAST WEST BANCORP INC COMMON STOCK 27579R104 1415 70000 SH SOLE 70000 0 0
D ENCORE BNCSHRS COMMON STOCK 29255V201 2729 227000 SH SOLE 227000 0 0
D ENTREPRISE BANCORP INC COM COMMON STOCK 293668109 574 38100 SH SOLE 38100 0 0
D ESSA BANCORP INC COMMON STOCK 29667D104 801 64500 SH SOLE 64500 0 0
D EVANS BANCORP INC COM STK COMMON STOCK 29911Q208 4847 353800 SH SOLE 353800 0 0
D EVERCORE PARTNERS INC COMMON STOCK 29977A105 3665 110000 SH SOLE 110000 0 0
D FIFTH THIRD BANCORP COM STK COMMON STOCK 316773100 7452 584500 SH SOLE 584500 0 0
D FINANCIAL INSTITUTIONS INC COMMON STOCK 317585404 2786 169700 SH SOLE 169700 0 0
D FIRST CITIZENS BANCSHARES INC COMMON STOCK 31946M103 3389 18100 SH SOLE 18100 0 0
D FIRST CMNTY BANCSHARES INC NE COMMON STOCK 31983A103 3863 275900 SH SOLE 275900 0 0
D FIRST DEFIANCE FINANCIAL CORP COMMON STOCK 32006W106 3534 240600 SH SOLE 240600 0 0
D FIRST FINANCIAL BANCORP OHIO COMMON STOCK 320209109 22573 1352500 SH SOLE 1352500 0 0
D FIRST FINANCIAL HOLDINGS INC COMMON STOCK 320239106 231 25700 SH SOLE 25700 0 0
D FIRST HORIZON NATIONAL CORP COMMON STOCK 320517105 1670 175000 SH SOLE 175000 0 0
D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 17644 1435600 SH SOLE 1435600 0 0
D FIRST OF LONG ISLAND CORP COM COMMON STOCK 320734106 2441 87535 SH SOLE 87535 0 0
D FIRST REPUBLIC BANK/ SAN FRAN COMMON STOCK 33616C100 22149 686165 SH SOLE 686165 0 0
D FIRST SECURITY GROUP INC COMMON STOCK 336312103 195 300000 SH SOLE 300000 0 0
D FIRSTBANK CORPORATION COMMON STOCK 33761G104 582 100000 SH SOLE 100000 0 0
D FIRSTMERIT CORP COM STK COMMON STOCK 337915102 1800 109000 SH SOLE 109000 0 0
D FORTEGRA FINL CORP COM STK COMMON STOCK 34954W104 1254 160000 SH SOLE 160000 0 0
D FOX CHASE BANCORP INC COM STK COMMON STOCK 35137T108 12438 917900 SH SOLE 917900 0 0
D FRANKLIN RESOURCES I NC. COM S COMMON STOCK 354613101 6827 52000 SH SOLE 52000 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- ------
D GOLDMAN SACHS GROUP INC COM ST COMMON STOCK 38141G104 11978 90000 SH SOLE 90000 0 0
D GUARANTY BANCORP COM STK COMMON STOCK 40075T102 135 100000 SH SOLE 100000 0 0
D HAMPDEN BANCORP INC COM STK COMMON STOCK 40867E107 5293 398900 SH SOLE 398900 0 0
D HAWTHORN BANCSHARES INC COM COMMON STOCK 420476103 229 29800 SH SOLE 29800 0 0
D HERITAGE COMM CORP COM STK COMMON STOCK 426927109 1336 261500 SH SOLE 261500 0 0
D HERITAGE FINANCIAL CORPORATIO COMMON STOCK 42722X106 8279 640300 SH SOLE 640300 0 0
D HERITAGE FINANCIAL GROUP INC C COMMON STOCK 42726X102 2074 174000 SH SOLE 174000 0 0
D HERITAGE OAKS BANCOR P COM STK COMMON STOCK 42724R107 8202 2158500 SH SOLE 2158500 0 0
D HF FINANCIAL CORP COM STK COMMON STOCK 404172108 7176 655900 SH SOLE 655900 0 0
D HINGHAM INSTITUTION FOR SVGS COMMON STOCK 433323102 3176 60000 SH SOLE 60000 0 0
D HMN FINANCIAL INC COM STK COMMON STOCK 40424G108 87 35500 SH SOLE 35500 0 0
D HOME FEDERAL BANCORP INC LA C COMMON STOCK 43708L108 3235 247500 SH SOLE 247500 0 0
D HOPFED BANCORP INC COM STK COMMON STOCK 439734104 5697 720200 SH SOLE 720200 0 0
D HUNTINGTON BANCSHARES INC COM COMMON STOCK 446150104 2649 403800 SH SOLE 403800 0 0
D INDIANA COMMUNITY BANCORP COM COMMON STOCK 454674102 3372 195000 SH SOLE 195000 0 0
D INVESCO LTD COM STK COMMON STOCK G491BT108 3985 170300 SH SOLE 170300 0 0
D INVESTORS BANCORP INC COM STK COMMON STOCK 46146P102 1095 77100 SH SOLE 77100 0 0
D JACKSONVILLE BANCORP INC COM COMMON STOCK 469249106 2197 333333 SH SOLE 333333 0 0
D JP MORGAN CHASE & CO COM STK COMMON STOCK 46625H100 21596 527500 SH SOLE 527500 0 0
D JP MORGAN CHASE WRNT EXP 10/28 WARRANTS 46634E114 1971 146300 SH SOLE 146300 0 0
D KBW INC COMMON STOCK 482423100 2525 135000 SH SOLE 135000 0 0
D KEYCORP NY COM STK COMMON STOCK 493267108 9121 1095000 SH SOLE 1095000 0 0
D LAKELAND FINL CORP COM STK COMMON STOCK 511656100 2909 130700 SH SOLE 130700 0 0
D LAZARD LTD COM COMMON STOCK G54050102 12636 340600 SH SOLE 340600 0 0
D LOUISIANA BANCORP INC COM COMMON STOCK 54619P104 4195 266000 SH SOLE 266000 0 0
D MERIDIAN INTERSTATE BANCORP IN COMMON STOCK 58964Q104 7468 545500 SH SOLE 545500 0 0
D MIDWESTONE FINANCIAL GRP INC COMMON STOCK 598511103 7225 500000 SH SOLE 500000 0 0
D M&T BANK CORPORATION COMMON STOCK 55261F104 8091 92000 SH SOLE 92000 0 0
D MUTUALFIRST FINANCIA L INC COM COMMON STOCK 62845B104 1480 162300 SH SOLE 162300 0 0
D NAUGATUCK VALLEY FINL CORP COMMON STOCK 639067107 540 68400 SH SOLE 68400 0 0
D NBT BANCORP INC COM STK COMMON STOCK 628778102 6639 300000 SH SOLE 300000 0 0
D NEW CENTY BANCORP IN C DUNN NC COMMON STOCK 64353M100 596 128700 SH SOLE 128700 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- --------- -------- -------- ------
D NEWPORT BANCORP INC COM STK COMMON STOCK 651754103 4826 343500 SH SOLE 343500 0 0
D NORTHRIM BANCORP INC COMMON STOCK 666762109 5380 283600 SH SOLE 283600 0 0
D OBA FINANCIAL SERVIC ES INC COMMON STOCK 67424G101 2590 175000 SH SOLE 175000 0 0
D OCEANFIRST FINL CORP COM STK COMMON STOCK 675234108 6926 534800 SH SOLE 534800 0 0
D OMNIAMERICAN BANCORP INC COMMON STOCK 68216R107 8898 594400 SH SOLE 594400 0 0
D ONEIDA FINANCIAL CORP COM STK COMMON STOCK 682479100 2134 254000 SH SOLE 254000 0 0
D ORITANI FINANCIAL CORP COM STK COMMON STOCK 68633D103 3911 305800 SH SOLE 305800 0 0
D PACIFIC CONTINENTAL CORP COM S COMMON STOCK 69412V108 969 105900 SH SOLE 105900 0 0
D PACIFIC PREMIER BANC ORP COM S COMMON STOCK 69478X105 5077 793300 SH SOLE 793300 0 0
D PARK STERLING BK CHA RLOTTE N COMMON STOCK 70086Y105 5592 1127500 SH SOLE 1127500 0 0
D PEOPLE FED BANCSHARES INC COMMON STOCK 711037101 3918 278300 SH SOLE 278300 0 0
D PEOPLES UNITED FINANCIAL INC C COMMON STOCK 712704105 1680 125000 SH SOLE 125000 0 0
D POPULAR INC COM STK COMMON STOCK 733174106 2025 733800 SH SOLE 733800 0 0
D PREFERRED BANK COM STK COMMON STOCK 740367107 5256 730037 SH SOLE 730037 0 0
D PROVIDENT FINANCIAL HOLDINGS I COMMON STOCK 743868101 1346 168000 SH SOLE 168000 0 0
D RIVERVIEW BANCORP IN C COM STK COMMON STOCK 769397100 4372 1424200 SH SOLE 1424200 0 0
D ROCKVILLE FINL INC COM STK COMMON STOCK 774188106 5547 560300 SH SOLE 560300 0 0
D RODMAN & RENSHAW CAP GROUP INC COMMON STOCK 77487R100 937 749300 SH SOLE 749300 0 0
D SANDY SPRING BANCORP INC COMMON STOCK 800363103 1133 63000 SH SOLE 63000 0 0
D SAVANNAH BANCORP INC COM STK COMMON STOCK 804748101 1112 150000 SH SOLE 150000 0 0
D SEACOAST BKG CORP FLA COMMON COMMON STOCK 811707306 3308 2205600 SH SOLE 2205600 0 0
D SI FINL GROUP INC COM STK COMMON STOCK 78425V104 3335 330200 SH SOLE 330200 0 0
D SIERRA BANCORP COM STK COMMON STOCK 82620P102 7437 657000 SH SOLE 657000 0 0
D SIMMONS FIRST NATION AL CORP C COMMON STOCK 828730200 7485 291700 SH SOLE 291700 0 0
D SOMERSET HILLS BANCORP BERNA COMMON STOCK 834728107 3762 440000 SH SOLE 440000 0 0
D SOUTHWEST BANCORP IN C OKLA CO COMMON STOCK 844767103 5385 550000 SH SOLE 550000 0 0
D STANDARD FINANCIAL CORP COMMON STOCK 853393106 4598 302500 SH SOLE 302500 0 0
D STATE BANK FINANCIAL CORP COMMON STOCK 856190103 33779 2063500 SH SOLE 2063500 0 0
D STERLING BANCORP COM STK COMMON STOCK 859158107 3641 383700 SH SOLE 383700 0 0
D SUNTRUST BANKS INC COM STK COMMON STOCK 867914103 6708 260000 SH SOLE 260000 0 0
D TERRITORIAL BANCORP INC COMMON STOCK 88145X108 381 18400 SH SOLE 18400 0 0
FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP x($1000) PRN AMT PRN CALL DISCRETN MANAGERS SOLE SHARED NONE
------------------------------ ---------------- --------- -------- -------- --- ---- -------- -------- ------- ------ ----
D TEXAS CAPITAL BANCSHARES INC COMMON STOCK 88224Q107 1808 70000 SH SOLE 70000 0 0
D TRUSTCO BANK CORP NY COM STK COMMON STOCK 898349105 7595 1550000 SH SOLE 1550000 0 0
D UMB FINANCIAL CORPORATION COM COMMON STOCK 902788108 771 18400 SH SOLE 18400 0 0
D UNITED CMNTY FINL CO RP OHIO C COMMON STOCK 909839102 68 53400 SH SOLE 53400 0 0
D UNITED COMMUNITY BAN KS INC CO COMMON STOCK 90984P105 13128 1243200 SH SOLE 1243200 0 0
D US BANCORP COM COMMON STOCK 902973304 13265 520000 SH SOLE 520000 0 0
D WALKER & DUNLOP INC COMMON STOCK 93148P102 2982 224200 SH SOLE 224200 0 0
D WASHINGTON FEDERAL I NC COM ST COMMON STOCK 938824109 1314 80000 SH SOLE 80000 0 0
D WELLS FARGO & CO 7.5% SER L PRFD STK (CONVRT 949746804 8371 7901 SH SOLE 7901 0 0
D WELLS FARGO & CO-CW1 8 WT EXP1 WARRANTS 949746119 3720 400000 SH SOLE 400000 0 0
D WELLS FARGO COMPANY COMMON STOCK 949746101 16696 595000 SH SOLE 595000 0 0
D WEST BANCORPORATION INC COM ST COMMON STOCK 95123P106 2555 290000 SH SOLE 290000 0 0
D WESTERN ALLIANCE BANCORP COM COMMON STOCK 957638109 2272 320000 SH SOLE 320000 0 0
D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 2015 150400 SH SOLE 150400 0 0
D WILSHIRE BANCORP INC COM STK COMMON STOCK 97186T108 13264 4511600 SH SOLE 4511600 0 0
D WINTRUST FINL CORP COM STK COMMON STOCK 97650W108 28647 890200 SH SOLE 890200 0 0
D WOLVERINE BANCORP INC COMMON STOCK 977880103 2392 163300 SH SOLE 163300 0 0
D XENITH BANKSHARES INC COMMON STOCK 98410X105 3977 970000 SH SOLE 970000 0 0
D ZIONS BANCORPORATION COM STK COMMON STOCK 989701107 10946 455900 SH SOLE 455900 0 0
S REPORT SUMMARY 139 DATA RECORDS 730048 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED