Q1 2025 · 13F-HR
North Reef Capital Management LPholdings as filed
Filed 2025-05-15 · accession 0001214659-25-007829
$2.31B
Reported value
46
Positions
2025-03-31
Period end
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 200340107 | CMA | COMERICA INC | $244.0M | 10.6% | 4,132,000 | Common | SOLE |
| 320517105 | FHN | FIRST HORIZON CORPORATION | $240.3M | 10.4% | 12,375,000 | Common | SOLE |
| 37940X102 | GPN | GLOBAL PMTS INC | $197.3M | 8.54% | 2,014,700 | Common | SOLE |
| 949746101 | WMT2 | WELLS FARGO CO NEW | $170.5M | 7.38% | 2,375,000 | Common | SOLE |
| 88224Q107 | TCBI | TEXAS CAP BANCSHARES INC | $157.8M | 6.83% | 2,112,223 | Common | SOLE |
| 03076K108 | ABCB | AMERIS BANCORP | $144.6M | 6.26% | 2,511,445 | Common | SOLE |
| 004498101 | ACIW | ACI WORLDWIDE INC | $138.0M | 5.97% | 2,522,888 | Common | SOLE |
| 811707801 | SBCF | SEACOAST BKG CORP FLA | $134.4M | 5.82% | 5,223,924 | Common | SOLE |
| 72346Q104 | — | PINNACLE FINL PARTNERS INC | $125.7M | 5.44% | 1,185,000 | Common | SOLE |
| 87161C501 | SYU1 | SYNOVUS FINL CORP | $112.1M | 4.85% | 2,397,500 | Common | SOLE |
| 57060D108 | MKTX | MARKETAXESS HLDGS INC | $77.9M | 3.37% | 360,000 | Common | SOLE |
| 05368X102 | AVDX | AVIDXCHANGE HOLDINGS INC | $73.6M | 3.18% | 8,675,000 | Common | SOLE |
| 74736L109 | QTWO | Q2 HLDGS INC | $66.0M | 2.86% | 825,000 | Common | SOLE |
| 04911A107 | AUB | ATLANTIC UN BANKSHARES CORP | $53.0M | 2.29% | 1,700,500 | Common | SOLE |
| 432748101 | HTH | HILLTOP HOLDINGS INC | $36.2M | 1.57% | 1,190,000 | Common | SOLE |
| 57142B104 | MQ | MARQETA INC | $35.2M | 1.52% | 8,550,000 | Common | SOLE |
| 32026V104 | FFWM | FIRST FNDTN INC | $29.1M | 1.26% | 5,609,000 | Common | SOLE |
| 724078100 | 62C | PIPER SANDLER COMPANIES | $27.2M | 1.18% | 110,000 | Common | SOLE |
| 268948106 | EGBN | EAGLE BANCORP INC MD | $22.4M | 0.97% | 1,067,781 | Common | SOLE |
| 808513105 | SCHW | SCHWAB CHARLES CORP | $21.5M | 0.93% | 275,000 | Common | SOLE |
| 89832Q109 | TFC | TRUIST FINL CORP | $20.6M | 0.89% | 500,001 | Common | SOLE |
| 90984P303 | UCB | UNITED CMNTY BKS BLAIRSVLE G | $17.6M | 0.76% | 625,000 | Common | SOLE |
| 92826C839 | V | VISA INC | $17.5M | 0.76% | 50,000 | Common | SOLE |
| 063425102 | BMRC | BANK MARIN BANCORP | $13.9M | 0.60% | 632,000 | Common | SOLE |
| 69478X105 | LF2 | PACIFIC PREMIER BANCORP | $12.9M | 0.56% | 605,856 | Common | SOLE |
| 03062T105 | CRMT | AMERICAS CAR-MART INC | $12.7M | 0.55% | 280,000 | Common | SOLE |
| 10948W103 | AAMI | ACADIAN ASSET MANAGEMENT INC | $12.7M | 0.55% | 489,697 | Common | SOLE |
| 302492103 | FLYW | FLYWIRE CORPORATION | $11.4M | 0.49% | 1,200,000 | Common | SOLE |
| 493267108 | KEY | KEYCORP | $9.6M | 0.42% | 600,000 | Common | SOLE |
| 62886E108 | VYX | NCR VOYIX CORPORATION | $8.8M | 0.38% | 900,000 | Common | SOLE |
| 66661N886 | NPB | NORTHPOINTE BANCSHARES INC. | $8.7M | 0.38% | 601,345 | Common | SOLE |
| 008252108 | AMG | AFFILIATED MANAGERS GROUP IN | $8.4M | 0.36% | 50,000 | Common | SOLE |
| 154760409 | CPF | CENTRAL PAC FINL CORP | $8.1M | 0.35% | 298,482 | Common | SOLE |
| 33751L105 | MYFW | FIRST WESTN FINL INC | $7.5M | 0.32% | 379,178 | Common | SOLE |
| 82452J109 | FOUR | SHIFT4 PMTS INC | $6.5M | 0.28% | 80,000 | Common | SOLE |
| 319383204 | BUSE | FIRST BUSEY CORP | $5.8M | 0.25% | 269,929 | Common | SOLE |
| 36831E108 | GCMG | GCM GROSVENOR INC | $4.9M | 0.21% | 366,880 | Common | SOLE |
| 01644J108 | ALKT | ALKAMI TECHNOLOGY INC | $3.7M | 0.16% | 139,414 | Common | SOLE |
| 400764106 | GNTYUSD | GUARANTY BANCSHARES INC TEX | $2.4M | 0.10% | 60,100 | Common | SOLE |
| 74275G107 | PRTH | PRIORITY TECHNOLOGY HLDGS IN | $2.4M | 0.10% | 350,000 | Common | SOLE |
| 090043100 | BILL | BILL HOLDINGS INC | $1.9M | 0.08% | 42,335 | Common | SOLE |
| 27627N105 | EBC | EASTERN BANKSHARES INC | $1.6M | 0.07% | 100,000 | Common | SOLE |
| 76029L100 | RPAY | REPAY HLDGS CORP | $1.6M | 0.07% | 280,683 | Common | SOLE |
| 33767U107 | FSUN | FIRSTSUN CAP BANCORP | $1.5M | 0.06% | 40,679 | Common | SOLE |
| 63947X101 | NCNO | NCINO INC | $1.4M | 0.06% | 50,000 | Common | SOLE |
| 858927106 | STEL | STELLAR BANCORP INC | $553,200 | 0.02% | 20,000 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.