NI

NFC Investments Portfolio holdings

AUM $350M
This Quarter Return
-10.22%
1 Year Return
+14.33%
3 Year Return
–
5 Year Return
–
10 Year Return
–
AUM
$212M
AUM Growth
+$212M
Cap. Flow
+$12.2M
Cap. Flow %
5.79%
Top 10 Hldgs %
64.45%
Holding
42
New
3
Increased
18
Reduced
13
Closed
2

Top Buys

1
LBRDK icon
Liberty Broadband Class C
LBRDK
$7.89M
2
AHGP
Alliance Holdings GP,L.P.
AHGP
$6.55M
3
JAX
J. Alexander's Holdings, Inc.
JAX
$951K
4
SNC
State National Companies, Inc.
SNC
$935K
5
OCIP
OCI Partners LP
OCIP
$925K

Top Sells

1
WLH
WILLIAM LYON HOMES
WLH
$7.65M
2
AIG icon
American International
AIG
$759K
3
HOS
Hornbeck Offshore Services, Inc.
HOS
$384K
4
CET
Central Securities Corp
CET
$190K
5
AAPL icon
Apple
AAPL
$93K

Sector Composition

1 Financials 47.94%
2 Real Estate 14.91%
3 Energy 13.81%
4 Industrials 12.13%
5 Materials 3.97%
Name Market Value Portfolio Weight Shares or Principal Shares
Change % 		Capital Flow
STC icon
26
Stewart Information Services
STC
$1.98B
$1.64M 0.77%
40,000
– –
OB
27
DELISTED
Onebeacon Insurance Group Ltd
OB
$1.29M 0.61%
91,635
-3,000
-3% -$42.1K
WTM icon
28
White Mountains Insurance
WTM
$4.73B
$1.05M 0.5%
1,403
– –
LOCK
29
DELISTED
LifeLock, Inc.
LOCK
$965K 0.46%
110,165
-4,760
-4% -$41.7K
JAX
30
DELISTED
J. Alexander's Holdings, Inc.
JAX
$951K 0.45%
+95,361
New +$951K
SNC
31
DELISTED
State National Companies, Inc.
SNC
$935K 0.44%
+100,000
New +$935K
AIG.WS
32
DELISTED
American International Group, Inc.
AIG.WS
$840K 0.4%
37,010
-800
-2% -$18.2K
BRK.B icon
33
Berkshire Hathaway Class B
BRK.B
$1.08T
$599K 0.28%
4,590
+1,550
+51% +$202K
KO icon
34
Coca-Cola
KO
$297B
$562K 0.27%
14,013
+799
+6% +$32K
FHN icon
35
First Horizon
FHN
$11.3B
$440K 0.21%
30,995
-4,000
-11% -$56.8K
AAPL icon
36
Apple
AAPL
$3.4T
$355K 0.17%
3,217
-843
-21% -$93K
NLY icon
37
Annaly Capital Management
NLY
$13.4B
$350K 0.17%
35,500
-4,000
-10% -$39.4K
JNJ icon
38
Johnson & Johnson
JNJ
$429B
$271K 0.13%
2,907
+367
+14% +$34.2K
CET
39
Central Securities Corp
CET
$1.44B
$203K 0.1%
10,294
-9,646
-48% -$190K
RF icon
40
Regions Financial
RF
$23.9B
$173K 0.08%
19,235
– –
RNO
41
DELISTED
RHINO RESOURCE PARTNERS LP COM UNIT REPSTG LTD (DE)
RNO
– –
-36,838
Closed -$50K
WLH
42
DELISTED
WILLIAM LYON HOMES
WLH
– –
-298,131
Closed -$7.65M
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