ACL

Azora Capital LP Portfolio holdings

AUM $2.37B Turnover 66.67%
1-Year Est. Return 34.87%
This Fund
S&P 500
This Quarter Est. Return
+23.06%
1 Year Est. Return
+34.87%
3 Year Est. Return
+175.11%
5 Year Est. Return
+160.22%
10 Year Est. Return
–
AUM
$1.16B
AUM Growth
+$228M
Cap. Flow
+$36.2M
Cap. Flow %
3.11%
Top 10 Hldgs %
52.78%
Holding
66
New
20
Increased
14
Reduced
10
Closed
21
Avg Time Held Equity + Options
0.6 years
Top 10 Avg Time Held Equity + Options
0.4 years
Top 20 Avg Time Held Equity + Options
0.6 years
Avg Time Held Equity only
0.6 years
Top 10 Avg Time Held Equity only
0.5 years
Top 20 Avg Time Held Equity only
0.6 years

Top Buys

Rank Stock Value
1
TFC icon
Truist Financial
TFC
+$61.6M
2
CMA icon
Comerica
CMA
+$51.5M
3
C icon
Citigroup
C
+$46.3M
4
MELI icon
Mercado Libre
MELI
+$44.9M
5
WBS icon
Webster Financial
WBS
+$37.9M

Top Sells

Rank Stock Value
1
BILL icon
BILL Holdings
BILL
+$60.7M
2
CBOE icon
Cboe Global Markets
CBOE
+$33.7M
3
MQ icon
Marqeta
MQ
+$33.2M
4
BNY icon
Bank of New York Mellon
BNY
+$27.2M
5
PB icon
Prosperity Bancshares
PB
+$21.3M

Sector Composition

Rank Sector Weight
1 Financials 70.75%
2 Technology 13.93%
3 Miscellaneous 7.53%
4 Consumer Discretionary 4.28%
5 Communication Services 1.33%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
FOUR icon
51
Shift4
FOUR
$3B
– –
-351,292
Closed -$19.5M –
GBCI icon
52
Glacier Bancorp
GBCI
$5.56B
– –
-75,890
Closed -$2.16M –
GPN icon
53
Global Payments
GPN
$21.4B
– –
-154,360
Closed -$17.8M –
MCHB icon
54
Mechanics Bancorp
MCHB
$3.14B
– –
-323,955
Closed -$2.52M –
HOOD icon
55
Robinhood
HOOD
$90.9B
– –
-461,595
Closed -$4.53M –
JHG icon
56
DELISTED
Janus Henderson
JHG
– –
-616,855
Closed -$15.9M –
KRE icon
57
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$3.25B
– –
-671,300
Closed -$28M –
MTB icon
58
M&T Bank
MTB
$31.2B
– –
-29,709
Closed -$3.76M –
OMF icon
59
OneMain Financial
OMF
$6.29B
– –
-119,642
Closed -$4.8M –
PAYO icon
60
Payoneer
PAYO
$2.42B
– –
-1,681,617
Closed -$10.3M –
PNFP icon
61
Pinnacle Financial Partners Inc
PNFP
$14B
– –
-146,246
Closed -$9.8M –
QQQ icon
62
Invesco QQQ Trust
QQQ
$488B
– –
-13,109
Closed -$4.7M –
RJF icon
63
Raymond James Financial
RJF
$30.2B
– –
-95,773
Closed -$9.62M –
SEIC icon
64
SEI Investments
SEIC
$12.6B
– –
-147,932
Closed -$8.91M –
SYF icon
65
Synchrony
SYF
$23.3B
– –
-90,208
Closed -$2.76M –
WU icon
66
Western Union
WU
$1.89B
– –
-1,202,020
Closed -$15.8M –
1 2
3

Similar funds

LOAME
Lombard Odier Asset Management (Europe) London, United Kingdom $2.37B AUM 28.81% 1-Year Est. Return
IIP
Intermede Investment Partners London, United Kingdom $2.38B AUM 19.53% 1-Year Est. Return
MA
Montag & Associates Atlanta, Georgia $2.37B AUM 28.86% 1-Year Est. Return
MMLI
Massachusetts Mutual Life Insurance Springfield, Massachusetts $2.38B AUM 57.6% 1-Year Est. Return
FACM
Forest Avenue Capital Management Miami, Florida $2.38B AUM 88.67% 1-Year Est. Return
NAAA
New Age Alpha Advisors Rye, New York $2.37B AUM 45.79% 1-Year Est. Return
BPS
BNDES Participacoes SA Rio De Janeiro, Brazil $2.36B AUM
GCP
Greenoaks Capital Partners Orinda, California $2.36B AUM 17.42% 1-Year Est. Return

Azora Capital LP's Q4 2023 Portfolio in Review

As of Q4 2023, Azora Capital LP held 66 positions worth $1.16B, up 24% from $936M the previous quarter. Its ten largest holdings account for 53% of the portfolio.

Azora Capital LP deployed $36.2M of net new capital in Q4 2023, opening 20 new positions and adding to 14 existing holdings. Its largest new stake was Truist Financial: 1,963,654 shares worth $72.5M.

By sector, the portfolio is most concentrated in Financials at 71% of assets, up from 68% a quarter earlier, followed by Technology and Miscellaneous.

On the sell side, the largest reduction was Marqeta, an estimated $33.2M trimmed.

  • Azora Capital LP's largest Q4 2023 buy was Truist Financial: 1,963,654 shares worth $72.5M.
  • Azora Capital LP added most to Citigroup in Q4 2023, an estimated $46.3M increase.
  • Azora Capital LP's biggest Q4 2023 reduction was Marqeta, cutting an estimated $33.2M.
  • Azora Capital LP fully exited BILL Holdings in Q4 2023, selling an estimated $60.7M.
  • Azora Capital LP's ten largest holdings make up 53% of its $1.16B portfolio in Q4 2023.
  • Azora Capital LP opened 20 new positions and closed 21 in Q4 2023.
  • Azora Capital LP's portfolio value rose 24% quarter-over-quarter to $1.16B.

Based on Azora Capital LP's 13F filing for Q4 2023, filed 14 Feb 2024.