Fund HoldingsNorth Reef Capital Management LP

Total Portfolio Value
$2.26B
Total Bought
$430.30M
Total Sold
$466.43M
Net Transaction
-$36.13M
Filing Period:
Securities
SharesValue ($K)
Q1 2025
Q2 2025
Change
Q1 2025
Q2 2025
Weight (%)
Change
SYNOVUS FINL CORP2,397,5003,575,000+1,177,500112,059185,0068.20%+72,947
STELLAR BANCORP INC20,0001,540,000+1,520,00055343,0891.91%+42,536
CITIGROUP INC(C)0450,000+450,000038,3041.70%+38,304
PIPER SANDLER COMPANIES110,000230,000+120,00027,24363,9262.83%+36,684
ATLANTIC UN BANKSHARES CORP(AUB)1,700,5002,750,000+1,049,50052,95486,0203.81%+33,066
VISA INC(V)50,000140,000+90,00017,52349,7072.20%+32,184
FIRST HORIZON CORPORATION(FHN)12,375,00012,575,000+200,000240,323266,59011.82%+26,268
SEACOAST BKG CORP FLA(SBCF)5,223,9245,750,000+526,076134,412158,8157.04%+24,403
NORTHERN TR CORP(NTRS)0185,000+185,000023,4561.04%+23,456
MARKETAXESS HLDGS INC(MKTX)360,000420,000+60,00077,88693,8034.16%+15,917
Q2 HLDGS INC(QTWO)825,000840,520+15,52066,00878,6643.49%+12,656
FIRST FNDTN INC
COM
5,609,0007,615,000+2,006,00029,11138,8371.72%+9,726
BANK AMERICA CORP0200,000+200,00009,4640.42%+9,464
BLUE RIDGE BANKSHARES INC VA01,515,107+1,515,10705,4390.24%+5,439
COMERICA INC4,132,0004,175,000+43,000244,036249,03911.04%+5,003
FIRST WESTN FINL INC379,178545,722+166,5447,45112,3110.55%+4,861
JEFFERSON CAPITAL INC(JCAP)0250,000+250,00004,6130.20%+4,613
ACADIAN ASSET MANAGEMENT INC(AAMI)489,697480,000-9,69712,66416,9150.75%+4,252
VERITEX HLDGS INC0130,187+130,18703,3980.15%+3,398
PAYPAL HLDGS INC(PYPL)045,000+45,00003,3440.15%+3,344
PINNACLE FINL PARTNERS INC1,185,0001,165,000-20,000125,657128,6285.70%+2,970
MARQETA INC(MQ)8,550,0006,500,000-2,050,00035,22637,8951.68%+2,669
NCR VOYIX CORPORATION900,000900,001+18,77510,5570.47%+1,782
SMARTFINANCIAL INC(SMBK)046,104+46,10401,5570.07%+1,557
FLYWIRE CORPORATION(FLYW)1,200,0001,100,000-100,00011,40012,8700.57%+1,470
GCM GROSVENOR INC366,880530,196+163,3164,8546,1290.27%+1,275
ALKAMI TECHNOLOGY INC(ALKT)139,414139,413-13,6604,2020.19%+542
AMERICAS CAR-MART INC280,000226,045-53,95512,70912,6680.56%-42
TEXAS CAP BANCSHARES INC(TCBI)2,112,2231,984,977-127,246157,783157,6076.99%-176
BANK MARIN BANCORP632,000600,000-32,00013,94813,7040.61%-244
HILLTOP HOLDINGS INC(HTH)1,190,0001,185,000-5,00036,23635,9651.59%-271
NORTHPOINTE BANCSHARES INC.601,345601,344-18,6838,2440.37%-439
NCINO INC(NCNO)50,0000-50,0001,3740-1,373
FIRSTSUN CAP BANCORP(FSUN)40,6790-40,6791,4710-1,471
REPAY HLDGS CORP280,6830-280,6831,5630-1,563
EASTERN BANKSHARES INC(EBC)100,0000-100,0001,6400-1,640
BILL HOLDINGS INC42,3350-42,3351,9430-1,943
GUARANTY BANCSHARES INC TEX60,10010,000-50,1002,4064240.02%-1,981
PRIORITY TECHNOLOGY HLDGS IN350,0000-350,0002,3850-2,385
SHIFT4 PMTS INC(FOUR)80,00025,000-55,0006,5372,4780.11%-4,059
FIRST BUSEY CORP(BUSE)269,9290-269,9295,8300-5,830
TRUIST FINL CORP(TFC)500,001325,000-175,00120,57513,9720.62%-6,603
SCHWAB CHARLES CORP(SCHW)275,000150,000-125,00021,52713,6860.61%-7,841
CENTRAL PAC FINL CORP(CPF)298,4820-298,4828,0710-8,071
AFFILIATED MANAGERS GROUP IN50,0000-50,0008,4020-8,401
KEYCORP(KEY)600,0000-600,0009,5940-9,594
PACIFIC PREMIER BANCORP605,8560-605,85612,9170-12,917
EAGLE BANCORP INC MD(EGBN)1,067,781400,000-667,78122,4237,7920.35%-14,631
UNITED CMNTY BKS BLAIRSVLE G(UCB)625,0000-625,00017,5810-17,581
ACI WORLDWIDE INC2,522,8882,540,000+17,112138,027116,6115.17%-21,416
AMERIS BANCORP(ABCB)2,511,4451,890,018-621,427144,584122,2845.42%-22,300
WELLS FARGO CO NEW(WFC)2,375,0001,475,000-900,000170,501118,1775.24%-52,324
AVIDXCHANGE HOLDINGS INC8,675,0000-8,675,00073,5640-73,564
GLOBAL PMTS INC(GPN)2,014,7000-2,014,700197,2790-197,279
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