Fund HoldingsNorth Reef Capital Management LP

Total Portfolio Value
$2.31B
Total Bought
$468.37M
Total Sold
$305.89M
Net Transaction
+$162.49M
Filing Period:
Securities
SharesValue ($K)
Q4 2024
Q1 2025
Change
Q4 2024
Q1 2025
Weight (%)
Change
GLOBAL PMTS INC(GPN)881,9992,014,700+1,132,70198,837197,2798.54%+98,443
TEXAS CAP BANCSHARES INC(TCBI)928,4392,112,223+1,183,78472,604157,7836.83%+85,179
HILLTOP HOLDINGS INC(HTH)198,5751,190,000+991,4255,68536,2361.57%+30,550
ACI WORLDWIDE INC2,141,0002,522,888+381,888111,139138,0275.97%+26,888
WELLS FARGO CO NEW(WFC)2,125,0002,375,000+250,000149,260170,5017.38%+21,241
TRUIST FINL CORP(TFC)0500,001+500,001020,5750.89%+20,575
SEACOAST BKG CORP FLA(SBCF)4,230,0005,223,924+993,924116,452134,4125.82%+17,960
UNITED CMNTY BKS BLAIRSVLE G(UCB)0625,000+625,000017,5810.76%+17,581
VISA INC(V)050,000+50,000017,5230.76%+17,523
MARKETAXESS HLDGS INC(MKTX)271,318360,000+88,68261,32977,8863.37%+16,557
PACIFIC PREMIER BANCORP0605,856+605,856012,9170.56%+12,917
KEYCORP(KEY)0600,000+600,00009,5940.42%+9,594
NORTHPOINTE BANCSHARES INC.0601,345+601,34508,6830.38%+8,683
FIRST BUSEY CORP(BUSE)0269,929+269,92905,8300.25%+5,830
MARQETA INC(MQ)7,786,9998,550,000+763,00129,51335,2261.52%+5,713
GCM GROSVENOR INC0366,880+366,88004,8540.21%+4,854
AFFILIATED MANAGERS GROUP IN27,38650,000+22,6145,0648,4020.36%+3,337
NCR VOYIX CORPORATION401,200900,000+498,8005,5538,7750.38%+3,222
BANK MARIN BANCORP470,956632,000+161,04411,19513,9480.60%+2,754
CENTRAL PAC FINL CORP(CPF)188,558298,482+109,9245,4788,0710.35%+2,593
GUARANTY BANCSHARES INC TEX060,100+60,10002,4060.10%+2,406
PRIORITY TECHNOLOGY HLDGS IN0350,000+350,00002,3850.10%+2,385
FIRST FNDTN INC
COM
4,386,8615,609,000+1,222,13927,24229,1111.26%+1,868
PIPER SANDLER COMPANIES85,348110,000+24,65225,60027,2431.18%+1,642
EASTERN BANKSHARES INC(EBC)0100,000+100,00001,6400.07%+1,640
FIRSTSUN CAP BANCORP(FSUN)040,679+40,67901,4710.06%+1,471
NCINO INC(NCNO)050,000+50,00001,3740.06%+1,374
FIRST WESTN FINL INC312,423379,178+66,7556,1087,4510.32%+1,343
BILL HOLDINGS INC9,44242,335+32,8938001,9430.08%+1,143
AMERICAS CAR-MART INC227,000280,000+53,00011,63412,7090.55%+1,075
STELLAR BANCORP INC020,000+20,00005530.02%+553
REPAY HLDGS CORP280,684280,683-12,1421,5630.07%-578
FIRSTCASH HOLDINGS INC(FCFS)5,6500-5,6505850-585
I3 VERTICALS INC46,0690-46,0691,0610-1,061
ACADIAN ASSET MANAGEMENT INC(AAMI)525,000489,697-35,30313,82912,6640.55%-1,165
ALKAMI TECHNOLOGY INC(ALKT)139,416139,414-25,1143,6600.16%-1,454
FIRST HORIZON CORPORATION(FHN)12,022,00012,375,000+353,000242,123240,32310.40%-1,801
MID PENN BANCORP INC(MPB)81,0000-81,0002,3360-2,336
EAGLE BANCORP INC MD(EGBN)967,5931,067,781+100,18825,18622,4230.97%-2,763
FIVE STAR BANCORP(FSBC)111,3200-111,3203,3500-3,350
SCHWAB CHARLES CORP(SCHW)374,999275,000-99,99927,75421,5270.93%-6,227
SHIFT4 PMTS INC(FOUR)124,99880,000-44,99812,9726,5370.28%-6,435
COMERICA INC4,050,0004,132,000+82,000250,493244,03610.56%-6,457
SYNOVUS FINL CORP2,321,0002,397,500+76,500118,905112,0594.85%-6,846
AVIDXCHANGE HOLDINGS INC7,994,0008,675,000+681,00082,65873,5643.18%-9,094
Q2 HLDGS INC(QTWO)780,189825,000+44,81178,52666,0082.86%-12,518
WESTERN ALLIANCE BANCORP(WAL)150,0000-150,00012,5310-12,531
AMERIS BANCORP(ABCB)2,533,0002,511,445-21,555158,490144,5846.26%-13,906
BANK HAWAII CORP275,0000-275,00019,5910-19,591
COMMERCE BANCSHARES INC(CBSH)320,2460-320,24619,9550-19,955
FLYWIRE CORPORATION(FLYW)1,638,9141,200,000-438,91433,79411,4000.49%-22,394
ATLANTIC UN BANKSHARES CORP(AUB)2,083,9991,700,500-383,49978,94252,9542.29%-25,988
PROSPERITY BANCSHARES INC(PB)387,6700-387,67029,2110-29,211
CME GROUP INC(CME)184,5610-184,56142,8610-42,861
PINNACLE FINL PARTNERS INC1,940,0001,185,000-755,000221,917125,6575.44%-96,259
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