SCHEDULE: FJ Capital Management Boosts HomeTrust Bancshares Stake

FJ Capital Management LLC and affiliated entities have reported a 9.60% beneficial ownership stake in HomeTrust Bancshares common stock as of September 30, 2025.

Summary

• FJ Capital Management LLC, Financial Opportunity Fund LLC, Financial Opportunity Long/Short Fund LLC, and Martin Friedman collectively reported beneficial ownership in HomeTrust Bancshares.
• As of September 30, 2025, FJ Capital Management LLC and Martin Friedman each beneficially own 1,680,469 shares, representing 9.60% of the common stock.
• Financial Opportunity Fund LLC holds 1,565,458 shares (8.94%), and Financial Opportunity Long/Short Fund LLC holds 27,399 shares (0.16%).
• FJ Capital Management LLC is the managing member of Financial Opportunity Fund LLC and Financial Opportunity Long/Short Fund LLC, and also manages additional accounts.
• The reporting persons disclaim beneficial ownership of certain shares, despite being deemed beneficial owners due to their roles.
• The securities were not acquired for the purpose of changing or influencing control of HomeTrust Bancshares, except for activities related to Rule 14a-11 nominations.

Sentiment

Score: 6

Explanation: The filing reports a substantial beneficial ownership stake by FJ Capital Management and its affiliates in HomeTrust Bancshares, which can be interpreted as a positive signal of investor confidence. However, the filing is a regulatory disclosure and does not contain explicit sentiment regarding the issuer's operational or financial performance.

Positives

• A significant beneficial ownership stake by an investment adviser and affiliated funds, potentially indicating confidence in HomeTrust Bancshares' long-term prospects.
• The aggregate stake of 9.60% represents a substantial position, suggesting a committed investment by the reporting entities.

Negatives

• No specific negative information is disclosed in this beneficial ownership report regarding HomeTrust Bancshares' operations or financial performance.

Risks

• No specific risks related to HomeTrust Bancshares are disclosed in this beneficial ownership report.

Future Outlook

This filing does not provide future outlook or guidance from HomeTrust Bancshares.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

This filing focuses solely on beneficial ownership disclosure and does not provide broader industry analysis for HomeTrust Bancshares.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional ownership stake may influence investor perception and potentially share price, signaling institutional interest in HomeTrust Bancshares.

Key Dates

Keywords

HomeTrust Bancshares, HTBI, FJ Capital Management, Financial Opportunity Fund, beneficial ownership, Schedule 13G, common stock, investment adviser, institutional ownership