We are live on
!
Find out more
NRCM
North Reef Capital Management Portfolio holdings
AUM
$2.91B
1-Year Est. Return
11.03%
This Fund
S&P 500
This Quarter
Est. Return
-14.94%
1 Year Est. Return
+11.03%
3 Year Est. Return
+68.14%
5 Year Est. Return
–
10 Year Est. Return
–
AUM
$356M
AUM Growth
+$111M
(+46%)
Cap. Flow
+$154M
Cap. Flow
% of AUM
43.39%
Top 10 Holdings %
Top 10 Hldgs %
64.61%
Holding
45
New
11
Increased
17
Reduced
6
Closed
11
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Q2 Holdings
QTWO
|
+$28.9M |
| 2 |
SNV
Synovus
SNV
|
+$25.9M |
| 3 |
FRC
First Republic Bank
FRC
|
+$20.6M |
| 4 |
CMA
Comerica
CMA
|
+$19.5M |
| 5 |
SouthState Bank Corp
SSB
|
+$17.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Global Payments
GPN
|
+$22M |
| 2 |
Hancock Whitney
HWC
|
+$14.1M |
| 3 |
Eagle Bancorp
EGBN
|
+$12.9M |
| 4 |
SCHW
Charles Schwab
SCHW
|
+$9.27M |
| 5 |
Cullen/Frost Bankers
CFR
|
+$5.72M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 74.07% |
| 2 | Industrials | 10.54% |
| 3 | Technology | 6.43% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CMA
1
DELISTED
Comerica
CMA
| $30.6M | 8.6% |
416,947
+241,947
| +138% | +$19.5M |
|
|
SNV
2
DELISTED
Synovus
SNV
| $28M | 7.87% |
777,014
+627,014
| +418% | +$25.9M |
|
|
3
SouthState Bank Corp
SSB
$10.5B
| $27.7M | 7.78% |
358,783
+220,804
| +160% | +$17.2M |
|
|
FRC
4
DELISTED
First Republic Bank
FRC
| $26.7M | 7.51% |
185,306
+137,106
| +284% | +$20.6M |
|
|
5
Q2 Holdings
QTWO
$3.94B
| $22.9M | 6.43% |
+593,398
| New | +$28.9M |
|
6
Pinnacle Financial Partners Inc
PNFP
$16.1B
| $22.2M | 6.25% |
307,547
+82,547
| +37% | +$6.51M |
|
7
Texas Capital Bancshares
TCBI
$4.32B
| $19M | 5.35% |
361,512
+236,912
| +190% | +$12.7M |
|
8
Cboe Global Markets
CBOE
$30.3B
| $18.8M | 5.29% |
166,222
-6,008
| -3% | -$675K |
|
9
Wells Fargo
WFC
$262B
| $17.4M | 4.9% |
444,762
+89,762
| +25% | +$3.94M |
|
|
EVOP
10
DELISTED
EVO Payments, Inc. Class A Common Stock
EVOP
| $16.5M | 4.63% |
700,858
+45,858
| +7% | +$1.04M |
|
11
Seacoast Banking Corp of Florida
SBCF
$3.35B
| $15.5M | 4.35% |
468,393
+348,393
| +290% | +$11.6M |
|
12
Wintrust Financial
WTFC
$10.7B
| $15.1M | 4.25% |
+188,700
| New | +$16.2M |
|
13
First Citizens BancShares
FCNCA
$25.2B
| $9.83M | 2.76% |
+15,029
| New | +$9.8M |
|
|
PAYA
14
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $9.54M | 2.68% |
+1,451,657
| New | +$8.18M |
|
|
AAMI
15
Acadian Asset Management
AAMI
$3.21B
| $8.09M | 2.27% |
448,952
+408,952
| +1,022% | +$8.38M |
|
|
FBMS
16
DELISTED
The First Bancshares, Inc.
FBMS
| $7.38M | 2.08% |
258,200
+233,200
| +933% | +$7.24M |
|
|
ENV
17
DELISTED
ENVESTNET, INC.
ENV
| $6.49M | 1.82% |
122,995
+92,995
| +310% | +$6.36M |
|
18
GCM Grosvenor
GCMG
$821M
| $5.78M | 1.62% |
843,125
+568,125
| +207% | +$4.63M |
|
|
AMNB
19
DELISTED
American National Bankshares Inc
AMNB
| $5.24M | 1.47% |
151,507
+98,534
| +186% | +$3.49M |
|
|
PACW
20
DELISTED
PacWest Bancorp
PACW
| $5.16M | 1.45% |
+193,400
| New | +$6.26M |
|
|
21
Global Payments
GPN
$22.7B
| $4.98M | 1.4% |
44,974
-173,946
| -79% | -$22M |
|
22
Bank of America
BAC
$440B
| $4.82M | 1.35% |
+154,800
| New | +$5.57M |
|
23
Bankunited
BKU
$3.38B
| $4.45M | 1.25% |
+125,000
| New | +$4.95M |
|
24
Peapack-Gladstone Financial
PGC
$813M
| $4.33M | 1.22% |
145,737
+53,462
| +58% | +$1.71M |
|
25
BOK Financial
BOKF
$8.72B
| $3.46M | 0.97% |
45,851
+18,651
| +69% | +$1.57M |
|
Similar funds
BAM
SCM
HCC
CCPM
SCM
MYLI
CCM
PFM
North Reef Capital Management's Q2 2022 Portfolio in Review
As of Q2 2022, North Reef Capital Management held 45 positions worth $356M, up 46% from $245M the previous quarter. Its ten largest holdings account for 65% of the portfolio.
North Reef Capital Management deployed $154M of net new capital in Q2 2022, opening 11 new positions and adding to 17 existing holdings. Its largest new stake was Q2 Holdings: 593,398 shares worth $22.9M.
By sector, the portfolio is most concentrated in Financials at 74% of assets, down from 75% a quarter earlier, followed by Industrials and Technology.
On the sell side, the largest reduction was Global Payments, an estimated $22M trimmed.
- North Reef Capital Management's largest Q2 2022 buy was Q2 Holdings: 593,398 shares worth $22.9M.
- North Reef Capital Management added most to Synovus in Q2 2022, an estimated $25.9M increase.
- North Reef Capital Management's biggest Q2 2022 reduction was Global Payments, cutting an estimated $22M.
- North Reef Capital Management fully exited Hancock Whitney in Q2 2022, selling an estimated $14.1M.
- North Reef Capital Management's ten largest holdings make up 65% of its $356M portfolio in Q2 2022.
- North Reef Capital Management opened 11 new positions and closed 11 in Q2 2022.
- North Reef Capital Management's portfolio value rose 46% quarter-over-quarter to $356M.
Based on North Reef Capital Management's 13F filing for Q2 2022, filed 12 Aug 2022.