North Reef Capital Management LP 13F holdings, Q4 2024
Holdings as of December 31, 2024 · filings on SEC EDGAR · latest filing →
North Reef Capital Management LP disclosed 41 US equity positions worth $2.2bn in its Q4 2024 13F filing. The largest position was CMA at 11.2% of the reported book, followed by FHN and PINNACLE FINL PARTNERS INC. Against the Q3 2024 filing, it opened 6 new positions, added to 18 and reduced 16 among the top 41 holdings.
What did North Reef Capital Management LP own in Q4 2024? Top 41 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2024 |
|---|---|---|---|---|---|---|---|
| 1 | CMA COMERICA INC | 11.2% | $250.5m | 4,050,000 | 16% | added | |
| 2 | FHN FIRST HORIZON CORPORATION | Financial Services | 10.9% | $242.1m | 12,022,000 | -1% | reduced |
| 3 | PINNACLE FINL PARTNERS INC | 10.0% | $221.9m | 1,940,000 | 57% | added | |
| 4 | ABCB AMERIS BANCORP | Financial Services | 7.1% | $158.5m | 2,533,000 | 9% | added |
| 5 | WFC WELLS FARGO CO NEW | Financial Services | 6.7% | $149.3m | 2,125,000 | 144% | added |
| 6 | SYU1 SYNOVUS FINL CORP | 5.3% | $118.9m | 2,321,000 | -47% | reduced | |
| 7 | SBCF SEACOAST BKG CORP FLA | 5.2% | $116.5m | 4,230,000 | 4% | added | |
| 8 | ACIW ACI WORLDWIDE INC | Technology | 5.0% | $111.1m | 2,141,000 | 18% | added |
| 9 | GPN GLOBAL PMTS INC | Industrials | 4.4% | $98.8m | 881,999 | 4% | added |
| 10 | AVDX AVIDXCHANGE HOLDINGS INC | 3.7% | $82.7m | 7,994,000 | 2% | added | |
| 11 | AUB ATLANTIC UN BANKSHARES CORP | Financial Services | 3.5% | $78.9m | 2,083,999 | – | new |
| 12 | QTWO Q2 HLDGS INC | Technology | 3.5% | $78.5m | 780,189 | -22% | reduced |
| 13 | TCBI TEXAS CAP BANCSHARES INC | Financial Services | 3.3% | $72.6m | 928,439 | -45% | reduced |
| 14 | MKTX MARKETAXESS HLDGS INC | Financial Services | 2.8% | $61.3m | 271,318 | 70% | added |
| 15 | CME CME GROUP INC | Financial Services | 1.9% | $42.9m | 184,561 | -18% | reduced |
| 16 | FLYW FLYWIRE CORPORATION | Technology | 1.5% | $33.8m | 1,638,914 | 24% | added |
| 17 | MQ MARQETA INC | Technology | 1.3% | $29.5m | 7,786,999 | 100% | added |
| 18 | PB PROSPERITY BANCSHARES INC | Financial Services | 1.3% | $29.2m | 387,670 | – | new |
| 19 | SCHW SCHWAB CHARLES CORP | Financial Services | 1.2% | $27.8m | 374,999 | -38% | reduced |
| 20 | 2682426D FIRST FNDTN INC | 1.2% | $27.2m | 4,386,861 | 183% | added | |
| 21 | PIPR PIPER SANDLER COMPANIES | Financial Services | 1.1% | $25.6m | 85,348 | -30% | reduced |
| 22 | EGBN EAGLE BANCORP INC MD | Financial Services | 1.1% | $25.2m | 967,593 | 252% | added |
| 23 | CBSH COMMERCE BANCSHARES INC | Financial Services | 0.9% | $20.0m | 320,246 | -4% | reduced |
| 24 | BOH BANK HAWAII CORP | Financial Services | 0.9% | $19.6m | 275,000 | -51% | reduced |
| 25 | AAMI BRIGHTSPHERE INVT GROUP INC | Financial Services | 0.6% | $13.8m | 525,000 | -51% | reduced |
| 26 | FOUR SHIFT4 PMTS INC | Technology | 0.6% | $13.0m | 124,998 | – | new |
| 27 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 0.6% | $12.5m | 150,000 | – | new |
| 28 | CRMT AMERICAS CAR-MART INC | 0.5% | $11.6m | 227,000 | 8% | added | |
| 29 | BMRC BANK MARIN BANCORP | Financial Services | 0.5% | $11.2m | 470,956 | 46% | added |
| 30 | MYFW FIRST WESTN FINL INC | 0.3% | $6.1m | 312,423 | 3% | added | |
| 31 | HTH HILLTOP HOLDINGS INC | Financial Services | 0.3% | $5.7m | 198,575 | -63% | reduced |
| 32 | VYX NCR VOYIX CORPORATION | Technology | 0.2% | $5.6m | 401,200 | 421% | added |
| 33 | CPF CENTRAL PAC FINL CORP | Financial Services | 0.2% | $5.5m | 188,558 | 265% | added |
| 34 | ALKT ALKAMI TECHNOLOGY INC | Technology | 0.2% | $5.1m | 139,416 | -30% | reduced |
| 35 | AMG AFFILIATED MANAGERS GROUP IN | Financial Services | 0.2% | $5.1m | 27,386 | – | new |
| 36 | FSBC FIVE STAR BANCORP | 0.2% | $3.3m | 111,320 | 0% | held | |
| 37 | MPB MID PENN BANCORP INC | 0.1% | $2.3m | 81,000 | – | new | |
| 38 | RPAY REPAY HLDGS CORP | Technology | 0.1% | $2.1m | 280,684 | -30% | reduced |
| 39 | IIIV I3 VERTICALS INC | 0.0% | $1.1m | 46,069 | -5% | reduced | |
| 40 | BILL BILL HOLDINGS INC | Technology | 0.0% | $799.8k | 9,442 | -97% | reduced |
| 41 | FCFS FIRSTCASH HOLDINGS INC | Financial Services | 0.0% | $585.3k | 5,650 | -43% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.