North Reef Capital Management LP Quant / Systematic

Location: Laguna Beach, CA

CIK: 0001867831 · Show all filings

Period: Q2 2022 (← Previous) (Next →)

Filing Date: Aug 12, 2022

Total Value: $356M (100.0% shares, 0.0% debt)

Holdings (34)

CMA COMERICA INC 8.6%

Value $30.6M Shares 416,947 Est. Cost $68.80 Unrealized -2.3%

— SYNOVUS FINL CORP 7.9%

Value $28.01M Shares 777,014 Est. Cost $38.33 Unrealized —

— SOUTHSTATE CORPORATION 7.8%

Value $27.68M Shares 358,783 Est. Cost $78.86 Unrealized —

FRCB FIRST REP BK SAN FRANCISCO C 7.5%

Value $26.72M Shares 185,306 Est. Cost $155.19 Unrealized -4.0%

QTWO Q2 HLDGS INC 6.4%

Value $22.89M Shares 593,398 Est. Cost $48.63 Unrealized 0.0%

— PINNACLE FINL PARTNERS INC 6.3%

Value $22.24M Shares 307,547 Est. Cost $86.77 Unrealized —

TCBI TEXAS CAP BANCSHARES INC 5.3%

Value $19.03M Shares 361,512 Est. Cost $55.94 Unrealized -4.1%

CBOE CBOE GLOBAL MKTS INC 5.3%

Value $18.82M Shares 166,222 Est. Cost $114.59 Unrealized -6.1%

WFC WELLS FARGO CO NEW 4.9%

Value $17.42M Shares 444,762 Est. Cost $43.83 Unrealized -8.9%

— EVO PMTS INC 4.6%

Value $16.48M Shares 700,858 Est. Cost $24.52 Unrealized —

SBCF SEACOAST BKG CORP FLA 4.3%

Value $15.48M Shares 468,393 Est. Cost $34.03 Unrealized -1.8%

WTFC WINTRUST FINL CORP 4.3%

Value $15.12M Shares 188,700 Est. Cost $86.11 Unrealized 0.0%

FCNCA FIRST CTZNS BANCSHARES INC N 2.8%

Value $9.826M Shares 15,029 Est. Cost $643.52 Unrealized 0.0%

— PAYA HOLDINGS INC 2.7%

Value $9.537M Shares 1,451,657 Est. Cost $6.57 Unrealized —

AAMI BRIGHTSPHERE INVT GROUP INC 2.3%

Value $8.086M Shares 448,952 Est. Cost $21.03 Unrealized -3.2%

— FIRST BANCSHARES INC MS 2.1%

Value $7.385M Shares 258,200 Est. Cost $29.09 Unrealized —

— ENVESTNET INC 1.8%

Value $6.49M Shares 122,995 Est. Cost $58.05 Unrealized —

GCMG GCM GROSVENOR INC 1.6%

Value $5.775M Shares 843,125 Est. Cost $7.54 Unrealized -8.9%

— AMERICAN NATL BANKSHARES INC 1.5%

Value $5.244M Shares 151,507 Est. Cost $35.68 Unrealized —

— PACWEST BANCORP DEL 1.4%

Value $5.156M Shares 193,400 Est. Cost $26.66 Unrealized —

GPN GLOBAL PMTS INC 1.4%

Value $4.976M Shares 44,974 Est. Cost $134.36 Unrealized -9.2%

BAC BK OF AMERICA CORP 1.4%

Value $4.819M Shares 154,800 Est. Cost $32.74 Unrealized 0.0%

BKU BANKUNITED INC 1.2%

Value $4.446M Shares 125,000 Est. Cost $34.56 Unrealized 0.0%

PGC PEAPACK-GLADSTONE FINL CORP 1.2%

Value $4.328M Shares 145,737 Est. Cost $34.09 Unrealized -8.6%

BOKF BOK FINL CORP 1.0%

Value $3.465M Shares 45,851 Est. Cost $86.56 Unrealized -11.2%

— PROFESSIONAL HLDG CORP 1.0%

Value $3.451M Shares 172,097 Est. Cost $20.05 Unrealized —

PNC PNC FINL SVCS GROUP INC 0.7%

Value $2.619M Shares 16,600 Est. Cost $174.10 Unrealized -16.4%

HTB HOMETRUST BANCSHARES INC 0.5%

Value $1.757M Shares 70,274 Est. Cost $27.06 Unrealized 0.0%

VCTR VICTORY CAP HLDGS INC 0.5%

Value $1.675M Shares 69,492 Est. Cost $29.45 Unrealized -19.3%

HTH HILLTOP HOLDINGS INC 0.4%

Value $1.6M Shares 60,000 Est. Cost $28.49 Unrealized 0.0%

MYFW FIRST WESTN FINL INC 0.4%

Value $1.297M Shares 47,714 Est. Cost $31.15 Unrealized 0.0%

CFR CULLEN FROST BANKERS INC 0.3%

Value $1.188M Shares 10,200 Est. Cost $119.31 Unrealized -4.4%

BANC BANC OF CALIFORNIA INC 0.3%

Value $1.187M Shares 67,382 Est. Cost $18.03 Unrealized -8.0%

— INDEPENDENT BANK GROUP INC 0.3%

Value $1.019M Shares 15,000 Est. Cost $71.52 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CMA	COMERICA INC	416,947	$30.6M	8.6%	$68.80	-2.3%	COM	200340107
—	SYNOVUS FINL CORP	777,014	$28.01M	7.9%	$38.33	—	COM NEW	87161C501
—	SOUTHSTATE CORPORATION	358,783	$27.68M	7.8%	$78.86	—	COM	840441109
FRCB	FIRST REP BK SAN FRANCISCO C	185,306	$26.72M	7.5%	$155.19	-4.0%	COM	33616C100
QTWO	Q2 HLDGS INC	593,398	$22.89M	6.4%	$48.63	0.0%	COM	74736L109
—	PINNACLE FINL PARTNERS INC	307,547	$22.24M	6.3%	$86.77	—	COM	72346Q104
TCBI	TEXAS CAP BANCSHARES INC	361,512	$19.03M	5.3%	$55.94	-4.1%	COM	88224Q107
CBOE	CBOE GLOBAL MKTS INC	166,222	$18.82M	5.3%	$114.59	-6.1%	COM	12503M108
WFC	WELLS FARGO CO NEW	444,762	$17.42M	4.9%	$43.83	-8.9%	COM	949746101
—	EVO PMTS INC	700,858	$16.48M	4.6%	$24.52	—	CL A COM	26927E104
SBCF	SEACOAST BKG CORP FLA	468,393	$15.48M	4.3%	$34.03	-1.8%	COM NEW	811707801
WTFC	WINTRUST FINL CORP	188,700	$15.12M	4.3%	$86.11	0.0%	COM	97650W108
FCNCA	FIRST CTZNS BANCSHARES INC N	15,029	$9.826M	2.8%	$643.52	0.0%	CL A	31946M103
—	PAYA HOLDINGS INC	1,451,657	$9.537M	2.7%	$6.57	—	COM CL A	70434P103
AAMI	BRIGHTSPHERE INVT GROUP INC	448,952	$8.086M	2.3%	$21.03	-3.2%	COM	10948W103
—	FIRST BANCSHARES INC MS	258,200	$7.385M	2.1%	$29.09	—	COM	318916103
—	ENVESTNET INC	122,995	$6.49M	1.8%	$58.05	—	COM	29404K106
GCMG	GCM GROSVENOR INC	843,125	$5.775M	1.6%	$7.54	-8.9%	COM CL A	36831E108
—	AMERICAN NATL BANKSHARES INC	151,507	$5.244M	1.5%	$35.68	—	COM	027745108
—	PACWEST BANCORP DEL	193,400	$5.156M	1.4%	$26.66	—	COM	695263103
GPN	GLOBAL PMTS INC	44,974	$4.976M	1.4%	$134.36	-9.2%	COM	37940X102
BAC	BK OF AMERICA CORP	154,800	$4.819M	1.4%	$32.74	0.0%	COM	060505104
BKU	BANKUNITED INC	125,000	$4.446M	1.2%	$34.56	0.0%	COM	06652K103
PGC	PEAPACK-GLADSTONE FINL CORP	145,737	$4.328M	1.2%	$34.09	-8.6%	COM	704699107
BOKF	BOK FINL CORP	45,851	$3.465M	1.0%	$86.56	-11.2%	COM NEW	05561Q201
—	PROFESSIONAL HLDG CORP	172,097	$3.451M	1.0%	$20.05	—	CL A COM	743139107
PNC	PNC FINL SVCS GROUP INC	16,600	$2.619M	0.7%	$174.10	-16.4%	COM	693475105
HTB	HOMETRUST BANCSHARES INC	70,274	$1.757M	0.5%	$27.06	0.0%	COM	437872104
VCTR	VICTORY CAP HLDGS INC	69,492	$1.675M	0.5%	$29.45	-19.3%	COM CL A	92645B103
HTH	HILLTOP HOLDINGS INC	60,000	$1.6M	0.4%	$28.49	0.0%	COM	432748101
MYFW	FIRST WESTN FINL INC	47,714	$1.297M	0.4%	$31.15	0.0%	COM	33751L105
CFR	CULLEN FROST BANKERS INC	10,200	$1.188M	0.3%	$119.31	-4.4%	COM	229899109
BANC	BANC OF CALIFORNIA INC	67,382	$1.187M	0.3%	$18.03	-8.0%	COM	05990K106
—	INDEPENDENT BANK GROUP INC	15,000	$1.019M	0.3%	$71.52	—	COM	45384B106