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
LPLA icon
1
LPL Financial
LPLA
$25.5B
$110M 7.97%
416,556
+89,760
+27% +$22.7M
2020 Q4
13 quarters
CMA icon
2
DELISTED
Comerica
CMA
$110M 7.95%
1,996,346
+857,695
+75% +$44.8M
2023 Q4
1 quarter
WT icon
3
WisdomTree
WT
$3.19B
$79M 5.72%
8,591,172
+797,851
+10% +$6.11M
2020 Q4
13 quarters
WBS icon
4
DELISTED
Webster Financial
WBS
$73.2M 5.3%
1,440,863
-36,335
-2% -$1.78M
2022 Q1
8 quarters
HBAN icon
5
Huntington Bancshares
HBAN
$30.5B
$55.2M 4%
+3,959,512
New +$51.3M
2024 Q1
0 quarters
KEY icon
6
KeyCorp
KEY
$21.1B
$52.2M 3.78%
3,299,533
-299,241
-8% -$4.32M
2023 Q3
2 quarters
SEIC icon
7
SEI Investments
SEIC
$12.6B
$44.6M 3.23%
+620,782
New +$41.2M
2024 Q1
0 quarters
BANC icon
8
Banc of California
BANC
$2.69B
$44.3M 3.21%
+2,911,727
New +$40.5M
2024 Q1
0 quarters
FCNCA icon
9
First Citizens BancShares
FCNCA
$23.2B
$42.3M 3.06%
25,879
+11,909
+85% +$17.9M
2023 Q4
1 quarter
AAMI icon
10
Acadian Asset Management
AAMI
$3.23B
$38.6M 2.8%
1,691,581
-423,562
-20% -$9.13M
2022 Q2
7 quarters
DFS icon
11
DELISTED
Discover Financial Services
DFS
$35.8M 2.59%
+272,869
New +$31.3M
2024 Q1
0 quarters
COLB icon
12
Columbia Banking Systems
COLB
$7.93B
$33.9M 2.45%
+1,750,583
New +$36M
2024 Q1
0 quarters
IBOC icon
13
International Bancshares
IBOC
$4.18B
$33.6M 2.44%
599,220
+46,561
+8% +$2.47M
2017 Q4
25 quarters
RPAY icon
14
Repay Holdings
RPAY
$332M
$32.9M 2.38%
2,990,653
+289,353
+11% +$2.56M
2022 Q2
7 quarters
EVR icon
15
Evercore
EVR
$9.79B
$32.8M 2.38%
+170,278
New +$30.8M
2024 Q1
0 quarters
LSPD icon
16
Lightspeed Commerce
LSPD
$1.33B
$32.3M 2.34%
2,295,494
+716,182
+45% +$11.4M
2023 Q3
2 quarters
FCFS icon
17
FirstCash
FCFS
$9.39B
$30.8M 2.23%
+241,387
New +$28M
2024 Q1
0 quarters
PWP icon
18
Perella Weinberg Partners
PWP
$1.01B
$30.8M 2.23%
2,178,394
+1,751,431
+410% +$22M
2023 Q3
2 quarters
ALKT icon
19
Alkami Technology
ALKT
$1.48B
$30.7M 2.23%
1,251,003
+196,173
+19% +$4.82M
2022 Q3
6 quarters
ALLY icon
20
Ally Financial
ALLY
$11.2B
$30M 2.17%
738,474
+365,981
+98% +$13.4M
2023 Q3
2 quarters
FHN icon
21
First Horizon
FHN
$10.7B
$29.5M 2.13%
+1,913,012
New +$27.5M
2024 Q1
0 quarters
NRDS icon
22
NerdWallet
NRDS
$610M
$29M 2.1%
1,972,114
+918,009
+87% +$14.2M
2023 Q1
4 quarters
SOFI icon
23
SoFi Technologies
SOFI
$18.4B
$26.8M 1.94%
3,675,875
+1,153,106
+46% +$9.16M
2023 Q2
3 quarters
FFWM icon
24
DELISTED
First Foundation Inc
FFWM
$26.4M 1.91%
3,495,839
+462,143
+15% +$3.96M
2023 Q1
4 quarters
MELI icon
25
Mercado Libre
MELI
$93.2B
$25.7M 1.86%
16,997
-14,713
-46% -$24.1M
2023 Q4
1 quarter
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 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.