North Reef Capital Management LP Quant / Systematic

CIK: 0001867831 · Show all filings

Period: Q3 2022 (← Previous) (Next →)

Filing Date: Nov 10, 2022

Total Value ($000): $400,660 (100.0% shares, 0.0% debt)

Holdings (37)

SBCF SEACOAST BKG CORP FLA 7.1%

Value ($000) $28,268 Shares 935,091 Est. Cost $33.70 Unrealized -1.0%

WFC WELLS FARGO CO NEW 6.9%

Value ($000) $27,833 Shares 692,015 Est. Cost $42.24 Unrealized -6.8%

WTFC WINTRUST FINL CORP 6.2%

Value ($000) $24,775 Shares 303,804 Est. Cost $85.65 Unrealized -0.9%

TCBI TEXAS CAP BANCSHARES INC 6.1%

Value ($000) $24,592 Shares 416,610 Est. Cost $56.37 Unrealized +5.1%

— SOUTHSTATE CORPORATION 6.0%

Value ($000) $24,231 Shares 306,260 Est. Cost $78.86 Unrealized —

— SYNOVUS FINL CORP 5.7%

Value ($000) $22,750 Shares 606,497 Est. Cost $38.33 Unrealized —

QTWO Q2 HLDGS INC 5.6%

Value ($000) $22,365 Shares 694,565 Est. Cost $47.48 Unrealized -14.2%

FRCB FIRST REP BK SAN FRANCISCO C 4.9%

Value ($000) $19,647 Shares 150,491 Est. Cost $155.19 Unrealized -1.5%

— PINNACLE FINL PARTNERS INC 4.9%

Value ($000) $19,587 Shares 241,521 Est. Cost $86.77 Unrealized —

FCNCA FIRST CTZNS BANCSHARES INC N 4.7%

Value ($000) $18,833 Shares 23,617 Est. Cost $690.12 Unrealized +11.8%

BAC BK OF AMERICA CORP 4.1%

Value ($000) $16,324 Shares 540,515 Est. Cost $31.20 Unrealized -2.0%

IBOC INTERNATIONAL BANCSHARES COR 3.7%

Value ($000) $14,954 Shares 351,859 Est. Cost $39.04 Unrealized 0.0%

FCFS FIRSTCASH HOLDINGS INC 2.7%

Value ($000) $10,960 Shares 149,418 Est. Cost $71.18 Unrealized 0.0%

ACIW ACI WORLDWIDE INC 2.6%

Value ($000) $10,301 Shares 492,887 Est. Cost $24.87 Unrealized 0.0%

CBOE CBOE GLOBAL MKTS INC 2.3%

Value ($000) $9,133 Shares 77,818 Est. Cost $114.59 Unrealized +1.0%

— AVIDXCHANGE HOLDINGS INC 2.2%

Value ($000) $9,000 Shares 1,068,842 Est. Cost $8.42 Unrealized —

— PAYA HOLDINGS INC 2.2%

Value ($000) $8,715 Shares 1,426,383 Est. Cost $6.57 Unrealized —

GCMG GCM GROSVENOR INC 2.1%

Value ($000) $8,481 Shares 1,074,903 Est. Cost $7.36 Unrealized -9.0%

AAMI BRIGHTSPHERE INVT GROUP INC 2.1%

Value ($000) $8,406 Shares 563,768 Est. Cost $20.38 Unrealized -12.5%

CMA COMERICA INC 1.9%

Value ($000) $7,513 Shares 105,666 Est. Cost $68.80 Unrealized -3.8%

— FIRST BANCSHARES INC MS 1.9%

Value ($000) $7,418 Shares 248,329 Est. Cost $29.09 Unrealized —

MYFW FIRST WESTN FINL INC 1.8%

Value ($000) $7,082 Shares 287,296 Est. Cost $27.94 Unrealized -2.3%

— ENVESTNET INC 1.7%

Value ($000) $6,657 Shares 149,940 Est. Cost $55.60 Unrealized —

CFR CULLEN FROST BANKERS INC 1.4%

Value ($000) $5,670 Shares 42,884 Est. Cost $118.15 Unrealized -0.3%

EXFY EXPENSIFY INC 1.2%

Value ($000) $5,008 Shares 336,591 Est. Cost $18.67 Unrealized 0.0%

— PACWEST BANCORP DEL 1.1%

Value ($000) $4,294 Shares 190,000 Est. Cost $26.66 Unrealized —

MCHB HOMESTREET INC 1.1%

Value ($000) $4,242 Shares 147,239 Est. Cost $35.20 Unrealized 0.0%

BANC BANC OF CALIFORNIA INC 1.0%

Value ($000) $3,971 Shares 248,675 Est. Cost $16.48 Unrealized -3.5%

SF STIFEL FINL CORP 0.9%

Value ($000) $3,455 Shares 66,567 Est. Cost $55.19 Unrealized 0.0%

PGC PEAPACK-GLADSTONE FINL CORP 0.8%

Value ($000) $3,350 Shares 99,541 Est. Cost $34.09 Unrealized -5.9%

— AMERICAN NATL BANKSHARES INC 0.7%

Value ($000) $2,802 Shares 87,711 Est. Cost $35.68 Unrealized —

— INDEPENDENT BANK GROUP INC 0.7%

Value ($000) $2,763 Shares 45,000 Est. Cost $64.77 Unrealized —

MTB M & T BK CORP 0.6%

Value ($000) $2,534 Shares 14,372 Est. Cost $158.03 Unrealized 0.0%

VCTR VICTORY CAP HLDGS INC 0.4%

Value ($000) $1,611 Shares 69,124 Est. Cost $29.45 Unrealized -19.6%

JPM JPMORGAN CHASE & CO 0.4%

Value ($000) $1,568 Shares 15,000 Est. Cost $105.62 Unrealized 0.0%

ALKT ALKAMI TECHNOLOGY INC 0.2%

Value ($000) $903 Shares 60,023 Est. Cost $14.56 Unrealized 0.0%

CCNE CNB FINL CORP PA 0.2%

Value ($000) $664 Shares 28,191 Est. Cost $22.98 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SBCF	SEACOAST BKG CORP FLA	935,091	$28,268	7.1%	$33.70	-1.0%	COM NEW	811707801
WFC	WELLS FARGO CO NEW	692,015	$27,833	6.9%	$42.24	-6.8%	COM	949746101
WTFC	WINTRUST FINL CORP	303,804	$24,775	6.2%	$85.65	-0.9%	COM	97650W108
TCBI	TEXAS CAP BANCSHARES INC	416,610	$24,592	6.1%	$56.37	+5.1%	COM	88224Q107
—	SOUTHSTATE CORPORATION	306,260	$24,231	6.0%	$78.86	—	COM	840441109
—	SYNOVUS FINL CORP	606,497	$22,750	5.7%	$38.33	—	COM NEW	87161C501
QTWO	Q2 HLDGS INC	694,565	$22,365	5.6%	$47.48	-14.2%	COM	74736L109
FRCB	FIRST REP BK SAN FRANCISCO C	150,491	$19,647	4.9%	$155.19	-1.5%	COM	33616C100
—	PINNACLE FINL PARTNERS INC	241,521	$19,587	4.9%	$86.77	—	COM	72346Q104
FCNCA	FIRST CTZNS BANCSHARES INC N	23,617	$18,833	4.7%	$690.12	+11.8%	CL A	31946M103
BAC	BK OF AMERICA CORP	540,515	$16,324	4.1%	$31.20	-2.0%	COM	060505104
IBOC	INTERNATIONAL BANCSHARES COR	351,859	$14,954	3.7%	$39.04	0.0%	COM	459044103
FCFS	FIRSTCASH HOLDINGS INC	149,418	$10,960	2.7%	$71.18	0.0%	COM	33768G107
ACIW	ACI WORLDWIDE INC	492,887	$10,301	2.6%	$24.87	0.0%	COM	004498101
CBOE	CBOE GLOBAL MKTS INC	77,818	$9,133	2.3%	$114.59	+1.0%	COM	12503M108
—	AVIDXCHANGE HOLDINGS INC	1,068,842	$9,000	2.2%	$8.42	—	COM	05368X102
—	PAYA HOLDINGS INC	1,426,383	$8,715	2.2%	$6.57	—	COM CL A	70434P103
GCMG	GCM GROSVENOR INC	1,074,903	$8,481	2.1%	$7.36	-9.0%	COM CL A	36831E108
AAMI	BRIGHTSPHERE INVT GROUP INC	563,768	$8,406	2.1%	$20.38	-12.5%	COM	10948W103
CMA	COMERICA INC	105,666	$7,513	1.9%	$68.80	-3.8%	COM	200340107
—	FIRST BANCSHARES INC MS	248,329	$7,418	1.9%	$29.09	—	COM	318916103
MYFW	FIRST WESTN FINL INC	287,296	$7,082	1.8%	$27.94	-2.3%	COM	33751L105
—	ENVESTNET INC	149,940	$6,657	1.7%	$55.60	—	COM	29404K106
CFR	CULLEN FROST BANKERS INC	42,884	$5,670	1.4%	$118.15	-0.3%	COM	229899109
EXFY	EXPENSIFY INC	336,591	$5,008	1.2%	$18.67	0.0%	COM CL A	30219Q106
—	PACWEST BANCORP DEL	190,000	$4,294	1.1%	$26.66	—	COM	695263103
MCHB	HOMESTREET INC	147,239	$4,242	1.1%	$35.20	0.0%	COM	43785V102
BANC	BANC OF CALIFORNIA INC	248,675	$3,971	1.0%	$16.48	-3.5%	COM	05990K106
SF	STIFEL FINL CORP	66,567	$3,455	0.9%	$55.19	0.0%	COM	860630102
PGC	PEAPACK-GLADSTONE FINL CORP	99,541	$3,350	0.8%	$34.09	-5.9%	COM	704699107
—	AMERICAN NATL BANKSHARES INC	87,711	$2,802	0.7%	$35.68	—	COM	027745108
—	INDEPENDENT BANK GROUP INC	45,000	$2,763	0.7%	$64.77	—	COM	45384B106
MTB	M & T BK CORP	14,372	$2,534	0.6%	$158.03	0.0%	COM	55261F104
VCTR	VICTORY CAP HLDGS INC	69,124	$1,611	0.4%	$29.45	-19.6%	COM CL A	92645B103
JPM	JPMORGAN CHASE & CO	15,000	$1,568	0.4%	$105.62	0.0%	COM	46625H100
ALKT	ALKAMI TECHNOLOGY INC	60,023	$903	0.2%	$14.56	0.0%	COM	01644J108
CCNE	CNB FINL CORP PA	28,191	$664	0.2%	$22.98	0.0%	COM	126128107