Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
- Peter Lynch
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 5) *
| Malvern Bancorp Inc (MLVF) |
| (Name of Issuer) |
| Common Stock |
| (Title of Class of Securities) |
| 561409103 |
| (CUSIP Number) |
| 12/31/2020 |
| (Date of Event Which Requires Filing of this Statement) |
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
| ☐ | Rule 13d-1(b) | |
| ☑ | Rule 13d-1(c) | |
| ☐ | Rule 13d-1(d) |
* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No . | 561409103 | Page 2 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
FJ Capital Management
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
IA | ||
| CUSIP No . | 561409103 | Page 3 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Financial Opportunity Fund LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 4 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Martin Friedman
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
United States | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
IN | ||
| CUSIP No . | 561409103 | Page 5 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Bridge Equities VIII, LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 6 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Bridge Equities IX, LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
< p style="font: 11pt Times New Roman,serif; margin: 0 0 0 3pt; text-align: center">11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 7 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Bridge Equities XI, LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.00% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 8 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
SunBridge Manager, LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.0% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 9 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
SunBridge Holdings, LLC
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Delaware | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.0% | ||
|
12 |
TYPE OF REPORTING PERSON
|
OO | ||
| CUSIP No . | 561409103 | Page 10 of 18 |
|
1 |
NAME OF REPORTING PERSONS |
Realty Investment Company, Inc.
| ||
|
2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
|
(a) ☑ (b) ☐ | ||
|
3 |
SEC USE ONLY
|
|||
|
4 |
CITIZENSHIP OR PLACE OF ORGANIZATION
|
Maryland | ||
| NUMBER OF SHARES |
5 | SOLE VOTING POWER | ||
| BENEFICIALLY OWNED BY |
6 | SHARED VOTING POWER | 0 | |
| EACH REPORTING |
7 | SOLE DISPOSITIVE POWER | ||
| PERSON WITH: |
8 | SHARED DISPOSITIVE POWER | 0 | |
|
9 |
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
0 | ||
|
10 |
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES
|
☐ | ||
|
11 |
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
|
0.0% | ||
|
12 |
TYPE OF REPORTING PERSON
|
CO | ||
| CUSIP No . | 561409103 | Page 11 of 18 |
| Item 1(a). | Name of Issuer: | |
| Malvern Bancorp Inc. | ||
| Item 1(b). | Address of Issuer’s Principal Executive Offices: | |
| 42 East Lancaster Ave | ||
| Paoli, PA 19301 | ||
| Item 2(a). | Name of Person Filing: | |
|
This Schedule 13G is being filed on behalf of the following Reporting Persons: Financial Opportunity Fund LLC Bridge Equities VIII, LLC Bridge Equities IX, LLC Bridge Equities XI, LLC FJ Capital Management LLC Martin Friedman SunBridge Manager, LLC SunBridge Holdings, LLC Realty Investment Company, Inc | ||
| Item 2(b). | Address of Principal Business Office or, if None, Residence: | |
|
FJ Capital Management, LLC 1313 Dolley Madison Blvd, Ste 306 McLean, VA 22101
Financial Opportunity Fund LLC 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101
Martin Friedman 1313 Dolley Madison Blvd., Ste 306 McLean, VA 22101
Bridge Equities VIII, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759
Bridge Equities IX, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759
Bridge Equities XI, LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759
SunBridge Manager LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759
|
| CUSIP No . | 561409103 | Page 12 of 18 |
|
SunBridge Holdings LLC 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759
Realty Investment Company Inc 8171 Maple Lawn Blvd, Suite 375 Fulton, MD 20759 | ||
| Item 2(c). | Citizenship: | |
|
Financial Opportunity Fund LLC, Bridge Equities VIII, LLC, Bridge Equities IX, LLC, Bridge Equities XI, LLC, and FJ Capital Management LLC, SunBridge Manager, LLC, SunBridge Holdings, LLC – Delaware limited liability companies Martin Friedman – United States citizen Realty Investment Company, Inc – Maryland corporation | ||
| Item 2(d). | Title of Class of Securities: | |
| Common Stock | ||
| Item 2(e). | CUSIP Number: | |
| 561409103 | ||
| Item 3. | If This Statement is Filed Pursuant to §§240.13d-1(b), or 240.13d-2(b) or (c), Check Whether the Person Filing is a: | |
| (a) | ☐ | Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o). | |
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). | |
| (c) | ☐ | Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). | |
| (d) | ☐ | Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). | |
| (e) | ☐ | An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E); |
| (f) | ☐ | An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F); | |
| (g) | ☐ | A parent holding company or control person in accordance with §240.13d-1(b)(ii)(G); | |
| (h) | ☐ | A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); | |
| (i) | ☐ | A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3); | |
| (j) | ☐ | Group, in accordance with §240.13d-1(b)(1)(ii)(J). |
| CUSIP No . | 561409103 | Page 13 of 18 |
| Item 4. | Ownership. |
| Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. |
| (a) | Amount beneficially owned: | ||
|
FJ Capital Management LLC – 0 shares Financial Opportunity Fund LLC – 0 shares Martin Friedman – 0 shares Bridge Equities VIII, LLC – 0 shares Bridge Equities IX, LLC – 0 shares Bridge Equities XI, LLC – 0 shares SunBridge Manager, LLC – 0 shares SunBridge Holdings, LLC - 0 shares Realty Investment Company, Inc &#x 2013; 0 shares | |||
| (b) | Percent of class: | ||
|
FJ Capital Management LLC – 0% Financial Opportunity Fund LLC – 0% Martin Friedman – 0% Bridge Equities VIII, LLC – 0% Bridge Equities IX, LLC – 0% Bridge Equities XI, LLC – 0% SunBridge Manager, LLC – 0% SunBridge Holdings, LLC – 0% Realty Investment Company, Inc – 0% | |||
| (c) | Number of shares as to which such person has: | ||
| (i) | Sole power to vote or to direct the vote | ||
| All Reporting Persons - 0 | |||
| (ii) | Shared power to vote or to direct the vote | ||
|
FJ Capital Management LLC – 0 shares Financial Opportunity Fund LLC – 0 shares Martin Friedman – 0 shares Bridge Equities VIII, LLC – 0 shares Bridge Equities IX, LLC – 0 shares Bridge Equities XI, LLC – 0 shares SunBridge Manager, LLC – 0 shares SunBridge Holdings, LLC - 0 shares Realty Investment Company, Inc – 0 shares | |||
| (iii) | Sole power to dispose or to direct the disposition of | ||
| All Reporting Persons – 0 | |||
| CUSIP No . | 561409103 | Page 14 of 18 |
| (iv) | Shared power to dispose or to direct the disposition of | ||||||
|
FJ Capital Management LLC – 0 shares Financial Opportunity Fund LLC – 0 shares Martin Friedman – 0 shares Bridge Equities VIII, LLC – 0 shares Bridge Equities IX, LLC – 0 shares Bridge Equities XI, LLC – 0 shares SunBridge Manager, LLC – 0 shares SunBridge Holdings, LLC - 0 shares Realty Investment Company, Inc – 0 shares | |||||||
| Item 5. | Ownership of Five Percent or Less of a Class. |
| If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☑ | |
| Item 6. | Ownership of More than Five Percent on Behalf of Another Person. |
| N/A. | |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
| N/A | |
| Item 8. | Identification and Classification of Members of the Group. |
| Due to the relationships among them, the reporting persons hereunder may be deemed to constitute a “group” with one another for purposes of Section 13(d)(3) of the Securities Exchange Act of 1934. | |
| Item 9. | Notice of Dissolution of Group. |
| N/A | |
| Item 10. | Certification. |
| 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 such purpose or effect. |
| CUSIP No . | 561409103 | Page 15 of 18 |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
|
Date: 2/2/2021
|
Financial Opportunity Fund LLC By: FJ Capital Management LLC, its Managing Member
By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member
FJ Capital Management LLC
By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member
/s/ Martin Friedman MARTIN FRIEDMAN | |
| CUSIP No . | 561409103 | Page 16 of 18 |
|
Bridge Equities VIII, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
Bridge Equities IX, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
Bridge Equities XI, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
SunBridge Manager, LLC By: SunBridge Holdings, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
SunBridge Holdings, LLC By: Realty Investment Company, Inc., its Manager
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
realty investment company, inc.
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
|
| CUSIP No . | 561409103 | Page 17 of 18 |
Joint Filing Agreement
The undersigned agree that this Schedule 13G, and all amendments thereto, relating to the Common Stock Malvern Bancorp, Inc. (MLVF) shall be filed on behalf of the undersigned.
|
Financial Opportunity Fund LLC By: FJ Capital Management, LLC
By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member
Financial Opportunity Long/short Fund LLC
By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member
FJ Capital Management LLC
By: /s/ Martin Friedman Name: Martin Friedman Title: Managing Member
/s/ Martin Friedman MARTIN FRIEDMAN
|
BRIDGE EQUITIES VIII, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
BRIDGE EQUITIES IX, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
BRIDGE EQUITIES XI, LLC By: SunBridge Manager, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: Manager
SUNBRIDGE MANAGER, LLC By: SunBridge Holdings, LLC, its Managing Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
|
| CUSIP No . | 561409103 | Page 18 of 18 |
|
SUNBRIDGE HOLDINGS, LLC By: Realty Investment Company, Inc., its Manager Member
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
REALTY INVESTMENT COMPANY, INC.
By: /s/ Christine A. Shreve Name: Christine A. Shreve Title: President
|