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
-1.5%
1 Year Est. Return
+34.87%
3 Year Est. Return
+175.11%
5 Year Est. Return
+160.22%
10 Year Est. Return
–
AUM
$2.17B
AUM Growth
+$792M
Cap. Flow
+$364M
Cap. Flow %
16.74%
Top 10 Hldgs %
57.9%
Holding
72
New
18
Increased
27
Reduced
7
Closed
18
Avg Time Held Equity + Options
0.7 years
Top 10 Avg Time Held Equity + Options
0.6 years
Top 20 Avg Time Held Equity + Options
0.7 years
Avg Time Held Equity only
0.7 years
Top 10 Avg Time Held Equity only
0.6 years
Top 20 Avg Time Held Equity only
0.7 years

Top Buys

Rank Stock Value
1
SYF icon
Synchrony
SYF
+$127M
2
FHN icon
First Horizon
FHN
+$79.8M
3
FCNCA icon
First Citizens BancShares
FCNCA
+$56.8M
4
NCNO icon
nCino
NCNO
+$53.3M
5
MELI icon
Mercado Libre
MELI
+$39.4M

Top Sells

Rank Stock Value
1
HBAN icon
Huntington Bancshares
HBAN
+$55.2M
2
KEY icon
KeyCorp
KEY
+$52.2M
3
BANC icon
Banc of California
BANC
+$44.3M
4
COLB icon
Columbia Banking Systems
COLB
+$33.9M
5
EVR icon
Evercore
EVR
+$32.8M

Sector Composition

Rank Sector Weight
1 Financials 59.78%
2 Miscellaneous 19.58%
3 Technology 11.96%
4 Consumer Discretionary 3.97%
5 Real Estate 2.08%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow Held Since
V icon
1
PUT
Visa
V
$735B
$273M 12.58%
+1,041,700
New +$286M
2024 Q2
0 quarters
MA icon
2
PUT
Mastercard
MA
$528B
$146M 6.74%
+332,000
New +$151M
2024 Q2
0 quarters
SYF icon
3
Synchrony
SYF
$23.3B
$138M 6.36%
+2,929,846
New +$127M
2024 Q2
0 quarters
LPLA icon
4
LPL Financial
LPLA
$25.5B
$118M 5.44%
422,922
+6,366
+2% +$1.73M
2020 Q4
14 quarters
FHN icon
5
First Horizon
FHN
$10.7B
$113M 5.21%
7,184,806
+5,271,794
+276% +$79.8M
2024 Q1
1 quarter
CMA icon
6
DELISTED
Comerica
CMA
$106M 4.86%
2,069,188
+72,842
+4% +$3.72M
2023 Q4
2 quarters
FCNCA icon
7
First Citizens BancShares
FCNCA
$23.2B
$101M 4.64%
59,827
+33,948
+131% +$56.8M
2023 Q4
2 quarters
WBS icon
8
DELISTED
Webster Financial
WBS
$94.5M 4.35%
2,167,971
+727,108
+50% +$32.4M
2022 Q1
9 quarters
WT icon
9
WisdomTree
WT
$3.19B
$93.8M 4.32%
9,467,426
+876,254
+10% +$8.24M
2020 Q4
14 quarters
NCNO icon
10
nCino
NCNO
$2.08B
$73.7M 3.39%
2,344,008
+1,706,118
+267% +$53.3M
2023 Q2
4 quarters
MELI icon
11
Mercado Libre
MELI
$93.2B
$69M 3.18%
41,977
+24,980
+147% +$39.4M
2023 Q4
2 quarters
SEIC icon
12
SEI Investments
SEIC
$12.6B
$53M 2.44%
819,875
+199,093
+32% +$13.4M
2024 Q1
1 quarter
IBOC icon
13
International Bancshares
IBOC
$4.18B
$48.3M 2.22%
844,880
+245,660
+41% +$13.8M
2017 Q4
26 quarters
DFS icon
14
DELISTED
Discover Financial Services
DFS
$45.1M 2.08%
344,931
+72,062
+26% +$8.98M
2024 Q1
1 quarter
AAMI icon
15
Acadian Asset Management
AAMI
$3.23B
$40.6M 1.87%
1,832,630
+141,049
+8% +$3.18M
2022 Q2
8 quarters
PWP icon
16
Perella Weinberg Partners
PWP
$1.01B
$37.4M 1.72%
2,300,672
+122,278
+6% +$1.85M
2023 Q3
3 quarters
ALKT icon
17
Alkami Technology
ALKT
$1.48B
$37M 1.7%
1,299,753
+48,750
+4% +$1.26M
2022 Q3
7 quarters
NRDS icon
18
NerdWallet
NRDS
$610M
$36.5M 1.68%
2,496,656
+524,542
+27% +$7.19M
2023 Q1
5 quarters
ZION icon
19
Zions Bancorporation
ZION
$9.02B
$35.2M 1.62%
+812,114
New +$34.3M
2024 Q2
0 quarters
UMBF icon
20
UMB Financial
UMBF
$9.79B
$34.4M 1.58%
+411,942
New +$33.8M
2024 Q2
0 quarters
DNB icon
21
DELISTED
Dun & Bradstreet
DNB
$33.6M 1.55%
+3,627,321
New +$34.9M
2024 Q2
0 quarters
AVDX icon
22
DELISTED
AvidXchange
AVDX
$32.5M 1.49%
2,692,696
+1,823,718
+210% +$20.8M
2023 Q1
5 quarters
MQ icon
23
Marqeta
MQ
$1.89B
$31.3M 1.44%
1,428,289
+1,195,314
+513% +$26.3M
2023 Q2
4 quarters
RPAY icon
24
Repay Holdings
RPAY
$332M
$30.7M 1.41%
2,903,880
-86,773
-3% -$887K
2022 Q2
8 quarters
SOFI icon
25
SoFi Technologies
SOFI
$18.4B
$26.4M 1.22%
3,995,167
+319,292
+9% +$2.25M
2023 Q2
4 quarters
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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BPS
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GCP
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Azora Capital LP's Q2 2024 Portfolio in Review

As of Q2 2024, Azora Capital LP held 72 positions worth $2.17B, up 57% from $1.38B the previous quarter. Its ten largest holdings account for 58% of the portfolio.

Azora Capital LP deployed $364M of net new capital in Q2 2024, opening 18 new positions and adding to 27 existing holdings. Its largest new stake was Synchrony: 2,929,846 shares worth $138M.

By sector, the portfolio is most concentrated in Financials at 60% of assets, down from 81% a quarter earlier, followed by Miscellaneous and Technology.

On the sell side, the largest reduction was AssetMark Financial Holdings, Inc., an estimated $14.1M trimmed.

  • Azora Capital LP's largest Q2 2024 buy was Synchrony: 2,929,846 shares worth $138M.
  • Azora Capital LP added most to First Horizon in Q2 2024, an estimated $79.8M increase.
  • Azora Capital LP's biggest Q2 2024 reduction was AssetMark Financial Holdings, Inc., cutting an estimated $14.1M.
  • Azora Capital LP fully exited Huntington Bancshares in Q2 2024, selling an estimated $55.2M.
  • Azora Capital LP's ten largest holdings make up 58% of its $2.17B portfolio in Q2 2024.
  • Azora Capital LP opened 18 new positions and closed 18 in Q2 2024.
  • Azora Capital LP's portfolio value rose 57% quarter-over-quarter to $2.17B.

Based on Azora Capital LP's 13F filing for Q2 2024, filed 14 Aug 2024.