Fund Holdings

North Reef Capital Management LP

Filing Period:
Securities
SharesValue ($K)
Q4 2025
Q1 2026
Change
Q4 2025
Q1 2026
Weight (%)
Change
KEYCORP(KEY)012,650,000+12,650,0000253,632,5008.73%+253,632,500
TRUSTMARK CORP(TRMK)01,952,930+1,952,930082,296,4702.83%+82,296,470
PIPER SANDLER COMPANIES(PIPR)0964,632+964,632073,842,5802.54%+73,842,580
ALKAMI TECHNOLOGY INC(ALKT)2,100,0007,650,000+5,550,00048,447,000119,875,5004.13%+71,428,500
CENTRAL BANCOMPANY(CBC)1,310,6734,075,000+2,764,32731,613,43397,596,2503.36%+65,982,817
AMERIS BANCORP(ABCB)2,737,0283,423,243+686,215203,279,070266,978,7229.19%+63,699,652
FIRST HORIZON CORPORATION(FHN)11,516,84014,453,208+2,936,368275,252,476328,955,01411.32%+53,702,538
PROSPERITY BANCSHARES INC(PB)445,0001,107,877+662,87730,753,95074,427,1772.56%+43,673,227
FLAGSTAR BANK NATIONAL ASSOC(FLG)02,790,000+2,790,000036,744,3001.26%+36,744,300
FIDELITY NATL INFORMATION SV(FIS)0775,000+775,000036,355,2501.25%+36,355,250
SCHWAB CHARLES CORP(SCHW)0350,000+350,000032,893,0001.13%+32,893,000
AMERANT BANCORP INC01,160,488+1,160,488025,577,1560.88%+25,577,156
RAYMOND JAMES FINL INC(RJF)0159,162+159,162023,045,0660.79%+23,045,066
I3 VERTICALS INC75,7111,025,000+949,2891,907,16022,919,0000.79%+21,011,840
PAYMENTUS HOLDINGS INC(PAY)0734,551+734,551018,657,5950.64%+18,657,595
MARKETAXESS HLDGS INC(MKTX)1,609,3301,875,000+265,670291,691,062309,337,50010.65%+17,646,438
AMERICAN EXPRESS CO(AXP)050,000+50,000015,124,0000.52%+15,124,000
VISA INC(V)270,000360,000+90,00094,691,700108,806,4003.74%+14,114,700
NATIONAL BK HLDGS CORP(NBHC)0320,352+320,352012,544,9840.43%+12,544,984
BANNER CORP(BANR)0195,449+195,449011,859,8450.41%+11,859,845
WEALTHFRONT CORP(WLTH)1,226,6332,885,257+1,658,62416,669,94226,688,6270.92%+10,018,685
PINNACLE FINL PARTNERS INC(PNFP)0100,935+100,93508,694,5410.30%+8,694,541
GLOBAL PMTS INC(GPN)0100,000+100,00006,730,0000.23%+6,730,000
TRADEWEB MKTS INC(TW)316,039337,071+21,03233,986,83439,659,7741.36%+5,672,940
JEFFERSON CAPITAL INC(JCAP)239,473532,151+292,6785,349,82710,233,2640.35%+4,883,437
EAGLE BANCORPORATION INC2,940,0002,706,025-233,97562,974,80067,298,8422.32%+4,324,042
FLYWIRE CORPORATION(FLYW)600,0011,100,000+499,9998,496,01412,804,0000.44%+4,307,986
STIFEL FINL CORP(SF)057,230+57,23004,230,4420.15%+4,230,442
BANC OF CALIFORNIA INC(BANC)1,156,6801,500,000+343,32022,312,35726,370,0000.91%+4,057,643
CAPITAL ONE FINL CORP(COF)018,659+18,65903,403,9610.12%+3,403,961
COASTALSOUTH BANCSHARES INC263,900320,982+57,0826,135,6757,892,9470.27%+1,757,272
MARQETA INC(MQ)6,000,0007,400,000+1,400,00028,500,00030,192,0001.04%+1,692,000
RBB BANCORP064,150+64,15001,370,8860.05%+1,370,886
UWM HOLDINGS CORPORATION(UWMC)0353,429+353,42901,279,4130.04%+1,279,413
SMARTFINANCIAL INC134,871137,088+2,2174,988,8785,357,3990.18%+368,521
AVIDBANK HLDGS INC123,671123,022-6493,284,7023,506,1270.12%+221,425
USCB FINANCIAL HOLDINGS INC123,741128,093+4,3522,279,3092,374,8440.08%+95,535
RENASANT CORP15,00114,923-78528,335539,1680.02%+10,833
CVB FINL CORP(CVBF)103,824100,000-3,8241,931,1261,939,0000.07%+7,874
NORTHPOINTE BANCSHARES INC.258,752232,396-26,3564,341,8594,011,1550.14%-330,704
GCM GROSVENOR INC601,355630,179+28,8246,807,3396,175,7540.21%-631,585
NORTHERN TR CORP(NTRS)310,611298,559-12,05242,426,35641,669,8801.43%-756,476
FIRST WESTN FINL INC685,954716,609+30,65518,390,42717,614,2490.61%-776,178
FIGURE TECHNOLOGY SOLUTIO(FGRS)125,000119,398-5,6025,105,0004,053,5620.14%-1,051,438
BEACON FINANCIAL CORP.50,3440-50,3441,327,5710-1,327,571
PRIMIS FINANCIAL CORP1,203,6041,135,281-68,32316,742,13215,076,5320.52%-1,665,600
KLARNA GROUP PLC(KLAR)159,996223,820+63,8244,625,4842,929,8040.10%-1,695,680
FLUSHING FINL CORP135,0000-135,0002,047,9500-2,047,950
NEWTEKONE INC386,923198,954-187,9694,391,5762,178,5460.07%-2,213,030
ACI WORLDWIDE INC1,970,0002,230,000+260,00094,185,70091,452,3003.15%-2,733,400
GEMINI SPACE STA INC300,00049,738-250,2622,976,000219,8420.01%-2,756,158
AMERICAS CAR-MART INC242,187258,637+16,4506,117,6443,292,4490.11%-2,825,195
BULLISH(BLSH)81,2800-81,2803,078,0740-3,078,074
TEXAS CAP BANCSHARES INC(TCBI)34,5700-34,5703,129,9680-3,129,968
NCR VOYIX CORPORATION840,395810,732-29,6638,572,0295,131,9340.18%-3,440,095
TRICO BANCSHARES(TCBK)485,423373,141-112,28222,994,48817,739,1230.61%-5,255,365
SEACOAST BKG CORP FLA(SBCF)5,832,0755,825,000-7,075183,243,796176,439,2506.07%-6,804,546
JANUS HENDERSON GROUP PLC(JHG)150,0000-150,0007,135,5000-7,135,500
MAREX GROUP PLC(MRX)190,0000-190,0007,288,4000-7,288,400
ATLANTIC UN BANKSHARES CORP(AUB)4,572,0904,285,000-287,090161,394,777153,145,9005.27%-8,248,877
SOUTHSTATE BK CORP90,0000-90,0008,469,9000-8,469,900
ACADIAN ASSET MANAGEMENT INC(AAMI)443,922220,239-223,68320,864,33411,985,4060.41%-8,878,928
SHIFT4 PMTS INC(FOUR)155,9290-155,9299,818,8490-9,818,849
FIRST FNDTN INC7,812,4755,911,778-1,900,69748,124,84634,879,4901.20%-13,245,356
EASTERN BANKSHARES INC(EBC)796,4510-796,45114,678,5920-14,678,592
MIAMI INTL HLDGS INC(MIAX)1,265,0001,014,274-250,72656,140,70039,475,5441.36%-16,665,156
FB FINL CORP(FBK)892,685500,000-392,68549,811,82325,970,0000.89%-23,841,823
TRUIST FINL CORP(TFC)765,7740-765,77437,683,7390-37,683,739
FIFTH THIRD BANCORP(FITB)850,0000-850,00039,788,5000-39,788,500
FIRST INTST BANCSYSTEM INC(FIBK)1,974,999325,157-1,649,84268,334,96510,860,2440.37%-57,474,721
Q2 HLDGS INC(QTWO)1,215,000620,814-594,18687,674,40029,364,5021.01%-58,309,898
PIPER SANDLER COMPANIES204,9000-204,90069,606,5790-69,606,579
STELLAR BANCORP INC(STEL)2,875,2450-2,875,24588,960,0800-88,960,080
COLUMBIA BKG SYS INC(COLB)3,700,0000-3,700,000103,415,0000-103,415,000
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