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
+7.33%
1 Year Est. Return
+34.87%
3 Year Est. Return
+175.11%
5 Year Est. Return
+160.22%
10 Year Est. Return
–
AUM
$1.38B
AUM Growth
+$217M
Cap. Flow
+$202M
Cap. Flow %
14.66%
Top 10 Hldgs %
47.02%
Holding
67
New
21
Increased
20
Reduced
11
Closed
13
Avg Time Held Equity + Options
0.6 years
Top 10 Avg Time Held Equity + Options
0.5 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
0.6 years
Top 20 Avg Time Held Equity only
0.6 years

Top Buys

Rank Stock Value
1
HBAN icon
Huntington Bancshares
HBAN
+$51.3M
2
CMA icon
Comerica
CMA
+$44.8M
3
SEIC icon
SEI Investments
SEIC
+$41.2M
4
BANC icon
Banc of California
BANC
+$40.5M
5
COLB icon
Columbia Banking Systems
COLB
+$36M

Top Sells

Rank Stock Value
1
C icon
Citigroup
C
+$65.5M
2
TFC icon
Truist Financial
TFC
+$50.5M
3
JPM icon
JPMorgan Chase
JPM
+$39.5M
4
PB icon
Prosperity Bancshares
PB
+$26.8M
5
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$26.7M

Sector Composition

Rank Sector Weight
1 Financials 81.39%
2 Technology 11.94%
3 Communication Services 2.1%
4 Real Estate 2.1%
5 Consumer Discretionary 1.86%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
FRGE icon
51
DELISTED
Forge Global Holdings
FRGE
$657K 0.05%
+22,682
New +$708K
2024 Q1
0 quarters
ENFN icon
52
DELISTED
Enfusion, Inc.
ENFN
$333K 0.02%
35,961
+22,116
+160% +$195K
2023 Q4
1 quarter
EXFY icon
53
Expensify
EXFY
$223M
$45.2K ﹤0.01%
24,583
– –
2023 Q4
1 quarter
AFRM icon
54
Affirm
AFRM
$23.8B
– –
-77,640
Closed -$3.82M –
BFH icon
55
Bread Financial
BFH
$3.8B
– –
-160,669
Closed -$5.29M –
BGC icon
56
BGC Group
BGC
$5.37B
– –
-1,690,974
Closed -$12.2M –
C icon
57
Citigroup
C
$205B
– –
-1,272,608
Closed -$65.5M –
DBRG icon
58
DELISTED
DigitalBridge
DBRG
– –
-662,775
Closed -$11.6M –
JEF icon
59
Jefferies Financial Group
JEF
$10.1B
– –
-134,107
Closed -$5.42M –
MC icon
60
Moelis & Co
MC
$4.02B
– –
-188,858
Closed -$10.6M –
PB icon
61
Prosperity Bancshares
PB
$8.02B
– –
-396,129
Closed -$26.8M –
PYPL icon
62
PayPal
PYPL
$48B
– –
-161,457
Closed -$9.92M –
SOFI icon
63
PUT
SoFi Technologies
SOFI
$18.4B
– –
-6,133,400
Closed -$61M –
SPY icon
64
State Street SPDR S&P 500 ETF Trust
SPY
$813B
– –
-56,140
Closed -$26.7M –
STNE icon
65
StoneCo
STNE
$2.65B
– –
-1,023,748
Closed -$18.5M –
WFC icon
66
Wells Fargo
WFC
$243B
– –
-396,490
Closed -$19.5M –
1 2
3

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IIP
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MA
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MMLI
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FACM
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NAAA
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Azora Capital LP's Q1 2024 Portfolio in Review

As of Q1 2024, Azora Capital LP held 67 positions worth $1.38B, up 19% from $1.16B the previous quarter. Its ten largest holdings account for 47% of the portfolio.

Azora Capital LP deployed $202M of net new capital in Q1 2024, opening 21 new positions and adding to 20 existing holdings. Its largest new stake was Huntington Bancshares: 3,959,512 shares worth $55.2M.

By sector, the portfolio is most concentrated in Financials at 81% of assets, up from 71% a quarter earlier, followed by Technology and Communication Services.

On the sell side, the largest reduction was Truist Financial, an estimated $50.5M trimmed.

  • Azora Capital LP's largest Q1 2024 buy was Huntington Bancshares: 3,959,512 shares worth $55.2M.
  • Azora Capital LP added most to Comerica in Q1 2024, an estimated $44.8M increase.
  • Azora Capital LP's biggest Q1 2024 reduction was Truist Financial, cutting an estimated $50.5M.
  • Azora Capital LP fully exited Citigroup in Q1 2024, selling an estimated $65.5M.
  • Azora Capital LP's ten largest holdings make up 47% of its $1.38B portfolio in Q1 2024.
  • Azora Capital LP opened 21 new positions and closed 13 in Q1 2024.
  • Azora Capital LP's portfolio value rose 19% quarter-over-quarter to $1.38B.

Based on Azora Capital LP's 13F filing for Q1 2024, filed 15 May 2024.