13F-HR 1 sandleroneil.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: March 31, 2004 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 Manageme Address: 780 3rd Ave, 30th Floor New York, NY 10017 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: Phone: Signature, Place and Date of Signing: TERRY MALTESE April 22, 2004 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: 109 Form 13F Information Table Value Total: 307183 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 AFFILIATED MANAGERS GROUP INC COMMON STOCK 008252108 3832 70200 SH SOLE 70200 0 0 D ALABAMA NATL BANCORPORATION DE COMMON STOCK 010317105 4274 77000 SH SOLE 77000 0 0 D ASSOCIATED BANC CORP COM COMMON STOCK 045487105 3135 70000 SH SOLE 70000 0 0 D ASTORIA FINL CORP COM COMMON STOCK 046265104 681 17900 SH SOLE 17900 0 0 D ASTORIA FINL CORP COM OPTIONS - CALLS 0462650DH 570 15000 SH CALL SOLE 15000 0 0 D ATLNTC LIB FINL COMMON STOCK 048668107 1547 80000 SH SOLE 80000 0 0 D BANCORP BANK COMMON STOCK 05969F104 990 55000 SH SOLE 55000 0 0 D BANK NEW YORK INC COM COMMON STOCK 064057102 5402 171500 SH SOLE 171500 0 0 D BANK OF AMERICA CORP COM STK COMMON STOCK 060505104 3685 45500 SH SOLE 45500 0 0 D BANKNORTH GROUP INC COM STK NE COMMON STOCK 06646R107 5719 168000 SH SOLE 168000 0 0 D BEAR STEARNS COS INC USD1 COM COMMON STOCK 073902108 3595 41000 SH SOLE 41000 0 0 D BOSTON PRIVATE BANCORP INC COMMON STOCK 101119105 1792 64000 SH SOLE 64000 0 0 D BOSTONFED BANCORP INC COM COMMON STOCK 101178101 930 27100 SH SOLE 27100 0 0 D CAPITAL BANK CORP COMM COMMON STOCK 139793103 299 17700 SH SOLE 17700 0 0 D CARDINAL FINANCIAL CORP COM ST COMMON STOCK 14149F109 863 90000 SH SOLE 90000 0 0 D CHECKFREE CORP COMMON STOCK 162813109 678 23000 SH SOLE 23000 0 0 D CHESTERFIELD FINANCI AL CORP COMMON STOCK 166435107 2677 102500 SH SOLE 102500 0 0 D CITIGROUP INC COM STK COMMON STOCK 172967101 13726 265500 SH SOLE 265500 0 0 D CITIGROUP INC LITIGATION TRACK WARRANTS 172967127 147 150000 SH SOLE 150000 0 0 D CITIZENS 1ST BANCORP COM COMMON STOCK 17461R106 903 37300 SH SOLE 37300 0 0 D CITY HOLDINGS CO COM COMMON STOCK 177835105 3846 111200 SH SOLE 111200 0 0 D CITY NATL CORP COM COMMON STOCK 178566105 4882 81500 SH SOLE 81500 0 0 D COBIZ INC COMMON STOCK 190897108 1124 55000 SH SOLE 55000 0 0 D COLUMBIA BANCORP/OR COM COMMON STOCK 197231103 705 43000 SH SOLE 43000 0 0 D COMMUNITY BANCORP INC COMMON STOCK 20342P109 402 18000 SH SOLE 18000 0 0 D COMPASS BANCSHARES INC COMMON STOCK 20449H109 4748 114500 SH SOLE 114500 0 0 D COUNTRYWIDE FINANCIA L CORP COMMON STOCK 222372104 4156 43333 SH SOLE 43333 0 0 D CULLEN FROST BANKER INC COMMON STOCK 229899109 6328 148000 SH SOLE 148000 0 0 D CVB FINL CORP COM COMMON STOCK 126600105 581 28000 SH SOLE 28000 0 0 D DIME BANCORP INC WTS EXP 1/01/ WARRANTS 25429Q110 36 200000 SH SOLE 200000 0 0 D DIME CMNTY BANCORP INC COM COMMON STOCK 253922108 3687 181200 SH SOLE 181200 0 0 D E TRADE FINANCIAL CORP COMMON STOCK 269246104 5033 377000 SH SOLE 377000 0 0 D EVERTRUST FINL COM STK COMMON STOCK 300412103 1440 80000 SH SOLE 80000 0 0 D FIDELITY BANKSHARES INC COMMON STOCK 31604Q107 1247 34000 SH SOLE 34000 0 0 D FIDELITY NATL FINL INC COM COMMON STOCK 316326107 950 24000 SH SOLE 24000 0 0 D FIFTH THIRD BANCORP COM COMMON STOCK 316773100 1966 35500 SH SOLE 35500 0 0 D FINANCIAL SELECT SECTOR SPDR OPTIONS - PUTS 81369Y2QB 735 25000 SH PUT SOLE 25000 0 0 D FIRST DEFIANCE FINL CORP COM COMMON STOCK 32006W106 218 8000 SH SOLE 8000 0 0 D FIRST FED CAP CORP COM COMMON STOCK 319960100 2047 96000 SH SOLE 96000 0 0 D FIRST FED FINANCIAL CORP COM COMMON STOCK 337907109 692 15000 SH SOLE 15000 0 0 D FIRST FINL BANCORP COM COMMON STOCK 320209109 592 32000 SH SOLE 32000 0 0 D FIRST FINL HLDGS INC COM COMMON STOCK 320239106 2989 99800 SH SOLE 99800 0 0 D FIRST FRANKLIN CORP COM COMMON STOCK 320272107 593 32400 SH SOLE 32400 0 0 D FIRST KANSAS FINANCIAL CORP COMMON STOCK 320651102 1708 90000 SH SOLE 90000 0 0 D FIRST MIDWEST BANCORP INC DEL COMMON STOCK 320867104 4962 145000 SH SOLE 145000 0 0 D FIRST PACTRUST COMMON STOCK 33589V101 1236 54600 SH SOLE 54600 0 0 D FIRST TENN NATL CORP COM COMMON STOCK 337162101 10399 218000 SH SOLE 218000 0 0 D FLAG FINANCIAL CORP COM COMMON STOCK 33832H107 1857 145000 SH SOLE 145000 0 0 D FLEET BOSTON FIN'L CORP COM ST COMMON STOCK 339030108 6825 152000 SH SOLE 152000 0 0 D FLUSHING FINL CORP COM COMMON STOCK 343873105 6824 377000 SH SOLE 377000 0 0 D FRANKLIN RES INC COM COMMON STOCK 354613101 1921 34500 SH SOLE 34500 0 0 D FRIEDMAN BILLINGS RAMSEY GROUP COMMON STOCK 358434108 1403 52000 SH SOLE 52000 0 0 D GOLDEN WEST FINL CORP DEL COM COMMON STOCK 381317106 1343 12000 SH SOLE 12000 0 0 D GREENPOINT FINL CORP COM COMMON STOCK 395384100 4087 93500 SH SOLE 93500 0 0 D GREENPOINT FINL CORP COM OPTIONS - CALLS 3953840DF 1661 38000 SH CALL SOLE 38000 0 0 D HAWTHORNE FINL CORP COM COMMON STOCK 420542102 999 22700 SH SOLE 22700 0 0 D HIBERNIA CORP CLASS A COMMON STOCK 428656102 7493 319000 SH SOLE 319000 0 0 D HINGHAM INSTN SVGS MASS COMMON STOCK 433323102 2568 65000 SH SOLE 65000 0 0 D HOME FEDERAL BANCORP INDIANA COMMON STOCK 436926109 1606 59500 SH SOLE 59500 0 0 D HORIZON BANCORP IND COM COMMON STOCK 440407104 482 18750 SH SOLE 18750 0 0 D IBERIABANK CORP COM STK COMMON STOCK 450828108 235 4000 SH SOLE 4000 0 0 D INTERVEST BANCSHARES CORP COM COMMON STOCK 460927106 746 42000 SH SOLE 42000 0 0 D J.P. MORGAN CHASE & CO COM COMMON STOCK 46625H100 3419 81500 SH SOLE 81500 0 0 D LANDMARK BANCORP INC COM COMMON STOCK 51504L107 925 30320 SH SOLE 30320 0 0 D LEHMAN BROTHERS HLDGS INC COM COMMON STOCK 524908100 1036 12500 SH SOLE 12500 0 0 D LINCOLN BANCORP COM STK COMMON STOCK 532879103 4151 205000 SH SOLE 205000 0 0 D MAF BANCORP INC COM COMMON STOCK 55261R108 4998 115000 SH SOLE 115000 0 0 D MAIN STREET BANK INC COMMON STOCK 56034R102 1397 51100 SH SOLE 51100 0 0 D MARSHALL & ILSLEY CORP COM COMMON STOCK 571834100 945 25000 SH SOLE 25000 0 0 D MB FINANCIAL INC COMMON STOCK 55264U108 6316 162000 SH SOLE 162000 0 0 D MELLON FINANCIAL CORP COMMON STOCK 58551A108 2096 67000 SH SOLE 67000 0 0 D MERCANTILE BANK CORP COM COMMON STOCK 587376104 3089 87000 SH SOLE 87000 0 0 D MERCER INS GRP COMMON STOCK 587902107 1507 118000 SH SOLE 118000 0 0 D MERRILL LYNCH & CO INC USD1.33 COMMON STOCK 590188108 5807 97500 SH SOLE 97500 0 0 D MIDWEST BANC HLDGS INC COM COMMON STOCK 598251106 2733 115500 SH SOLE 115500 0 0 D NATIONAL CITY CORP COM COMMON STOCK 635405103 1637 46000 SH SOLE 46000 0 0 D NATIONAL COMMERCE FI NANCIAL C COMMON STOCK 63545P104 1831 64000 SH SOLE 64000 0 0 D NORTH FORK BANCORPORATION COMMON STOCK 659424105 2899 68500 SH SOLE 68500 0 0 D NORTH VALLEY BANCORP COM COMMON STOCK 66304M105 5000 279500 SH SOLE 279500 0 0 D NORTHERN TR CORP COM COMMON STOCK 665859104 1351 29000 SH SOLE 29000 0 0 D NYMAGIC INC COM COMMON STOCK 629484106 2606 103000 SH SOLE 103000 0 0 D OAK HILL FINL INC COM COMMON STOCK 671337103 4028 123000 SH SOLE 123000 0 0 D OLD SECOND BANCORP INC ILL COMMON STOCK 680277100 3085 60000 SH SOLE 60000 0 0 D PHSB FINANCIAL CORP COMMON STOCK 69335T107 4073 178000 SH SOLE 178000 0 0 D PROSPERITY BANCSHARES, INC COMMON STOCK 743606105 3295 139200 SH SOLE 139200 0 0 D PROVIDENT BANCORP INC COMMON STOCK 74383A109 521 44000 SH SOLE 44000 0 0 D QUAKER CITY BANCORP INC COMMON STOCK 74731K106 631 11600 SH SOLE 11600 0 0 D RAINIER PAC FIN COMMON STOCK 75087U101 1775 110000 SH SOLE 110000 0 0 D REGIONS FINL CORP COM COMMON STOCK 758940100 5807 159000 SH SOLE 159000 0 0 D SKY FINL GROUP INC COM COMMON STOCK 83080P103 13650 526000 SH SOLE 526000 0 0 D SOUND FEDERAL BANCOR P INC COMMON STOCK 83607V104 2700 183700 SH SOLE 183700 0 0 D SOUTHTRUST CORP COM COMMON STOCK 844730101 5158 155500 SH SOLE 155500 0 0 D SOUTHWEST BANCORP INC OKLA COMMON STOCK 844767103 1732 100000 SH SOLE 100000 0 0 D SUNTRUST BKS INC COM COMMON STOCK 867914103 1046 15000 SH SOLE 15000 0 0 D SYNERGY FINANCIAL GROUP INC COMMON STOCK 87162V102 275 26700 SH SOLE 26700 0 0 D SYNOVUS FINL CORP COM COMMON STOCK 87161C105 1308 53500 SH SOLE 53500 0 0 D TCF FINANCIAL CORP USD.01 COM COMMON STOCK 872275102 2451 48000 SH SOLE 48000 0 0 D TEXAS REGL BANCSHARES INC COMMON STOCK 882673106 1374 32300 SH SOLE 32300 0 0 D UMPQUA HOLDINGS CORP COMMON STOCK 904214103 4690 232300 SH SOLE 232300 0 0 D US BANCORP COM COMMON STOCK 902973304 3595 130000 SH SOLE 130000 0 0 D UTD CMNTY BK GA COMMON STOCK 90984P105 1723 48400 SH SOLE 48400 0 0 D VIRGINIA COMMERCE BANCORP COMMON STOCK 92778Q109 396 13300 SH SOLE 13300 0 0 D WACHOVIA CORP COM COMMON STOCK 929903102 4606 98000 SH SOLE 98000 0 0 D WELLS FARGO COMPANY COMMON STOCK 949746101 8841 156000 SH SOLE 156000 0 0 D WESTAMERICA BANCORPORATION COMMON STOCK 957090103 3684 73000 SH SOLE 73000 0 0 D WESTERN SIERRA BANCORP INC COMMON STOCK 959522103 3186 72500 SH SOLE 72500 0 0 D WILLIS LEASE FINANCE CORP COM COMMON STOCK 970646105 524 58550 SH SOLE 58550 0 0 D YARDVILLE NATL BANCORP COM COMMON STOCK 985021104 865 35000 SH SOLE 35000 0 0 D ZIONS BANCORP COM COMMON STOCK 989701107 5624 98500 SH SOLE 98500 0 0 S REPORT SUMMARY 109 DATA RECORDS 307183 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED