North Reef Capital Management LP Quant / Systematic

CIK: 0001867831 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $1,300,857 (100.0% shares, 0.0% debt)

Holdings (36)

CBOE CBOE GLOBAL MKTS INC 7.8%

Value ($000) $101,145 Shares 732,880 Est. Cost $126.13 Unrealized +5.3%

— SYNOVUS FINL CORP 6.8%

Value ($000) $88,833 Shares 2,936,630 Est. Cost $34.58 Unrealized —

SBCF SEACOAST BKG CORP FLA 6.7%

Value ($000) $86,751 Shares 3,925,390 Est. Cost $28.64 Unrealized -24.1%

CMA COMERICA INC 6.6%

Value ($000) $85,319 Shares 2,014,130 Est. Cost $40.24 Unrealized -12.5%

ABCB AMERIS BANCORP 6.5%

Value ($000) $84,103 Shares 2,458,426 Est. Cost $42.31 Unrealized -24.3%

IBOC INTERNATIONAL BANCSHARES COR 5.5%

Value ($000) $71,165 Shares 1,610,062 Est. Cost $42.23 Unrealized -3.8%

WFC WELLS FARGO CO NEW 5.4%

Value ($000) $69,995 Shares 1,640,000 Est. Cost $40.82 Unrealized -7.8%

PNC PNC FINL SVCS GROUP INC 4.7%

Value ($000) $61,323 Shares 486,880 Est. Cost $120.69 Unrealized -8.5%

WTFC WINTRUST FINL CORP 4.5%

Value ($000) $58,595 Shares 806,865 Est. Cost $80.22 Unrealized -15.0%

HTH HILLTOP HOLDINGS INC 4.2%

Value ($000) $54,077 Shares 1,718,909 Est. Cost $30.53 Unrealized +0.3%

QTWO Q2 HLDGS INC 4.1%

Value ($000) $52,770 Shares 1,707,773 Est. Cost $33.91 Unrealized -22.7%

ACIW ACI WORLDWIDE INC 4.0%

Value ($000) $52,185 Shares 2,252,265 Est. Cost $23.85 Unrealized +1.4%

— PINNACLE FINL PARTNERS INC 3.4%

Value ($000) $44,501 Shares 785,535 Est. Cost $68.78 Unrealized —

BK BANK NEW YORK MELLON CORP 3.2%

Value ($000) $42,211 Shares 948,130 Est. Cost $39.41 Unrealized +1.3%

FHN FIRST HORIZON CORPORATION 3.2%

Value ($000) $42,164 Shares 3,741,250 Est. Cost $13.77 Unrealized -12.1%

TCBI TEXAS CAP BANCSHARES INC 2.9%

Value ($000) $37,479 Shares 727,750 Est. Cost $51.91 Unrealized -3.9%

AAMI BRIGHTSPHERE INVT GROUP INC 2.7%

Value ($000) $34,951 Shares 1,668,283 Est. Cost $20.64 Unrealized +7.4%

SCHW SCHWAB CHARLES CORP 2.4%

Value ($000) $31,372 Shares 553,500 Est. Cost $50.45 Unrealized 0.0%

CADE CADENCE BANK 2.2%

Value ($000) $28,963 Shares 1,474,706 Est. Cost $18.61 Unrealized -3.4%

— AVIDXCHANGE HOLDINGS INC 2.2%

Value ($000) $28,461 Shares 2,741,880 Est. Cost $9.26 Unrealized —

— FIRST BANCSHARES INC MS 2.2%

Value ($000) $28,368 Shares 1,097,836 Est. Cost $28.32 Unrealized —

GPN GLOBAL PMTS INC 1.6%

Value ($000) $20,702 Shares 210,130 Est. Cost $104.13 Unrealized -3.9%

KEY KEYCORP 1.0%

Value ($000) $13,259 Shares 1,435,000 Est. Cost $9.00 Unrealized 0.0%

PIPR PIPER SANDLER COMPANIES 1.0%

Value ($000) $13,008 Shares 100,631 Est. Cost $134.67 Unrealized -1.9%

FIS FIDELITY NATL INFORMATION SV 0.9%

Value ($000) $11,774 Shares 215,250 Est. Cost $53.76 Unrealized -4.2%

CVBF CVB FINL CORP 0.7%

Value ($000) $9,448 Shares 711,433 Est. Cost $12.20 Unrealized 0.0%

— AMERICAN NATL BANKSHARES INC 0.7%

Value ($000) $8,993 Shares 310,304 Est. Cost $32.93 Unrealized —

MYFW FIRST WESTN FINL INC 0.6%

Value ($000) $8,429 Shares 453,186 Est. Cost $27.26 Unrealized -35.7%

PGC PEAPACK-GLADSTONE FINL CORP 0.6%

Value ($000) $7,646 Shares 282,354 Est. Cost $33.64 Unrealized -20.4%

COLB COLUMBIA BKG SYS INC 0.5%

Value ($000) $6,236 Shares 307,500 Est. Cost $23.29 Unrealized -23.2%

VCTR VICTORY CAP HLDGS INC 0.4%

Value ($000) $4,756 Shares 150,796 Est. Cost $27.91 Unrealized +1.5%

SF STIFEL FINL CORP 0.4%

Value ($000) $4,596 Shares 77,020 Est. Cost $58.41 Unrealized -4.9%

GCMG GCM GROSVENOR INC 0.3%

Value ($000) $3,323 Shares 440,732 Est. Cost $7.36 Unrealized -10.0%

RPAY REPAY HLDGS CORP 0.1%

Value ($000) $1,553 Shares 198,349 Est. Cost $7.97 Unrealized -15.6%

CCNE CNB FINL CORP PA 0.1%

Value ($000) $1,398 Shares 79,185 Est. Cost $21.45 Unrealized -23.4%

VYX NCR CORP NEW 0.1%

Value ($000) $1,008 Shares 40,000 Est. Cost $14.43 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CBOE	CBOE GLOBAL MKTS INC	732,880	$101,145	7.8%	$126.13	+5.3%	COM	12503M108
—	SYNOVUS FINL CORP	2,936,630	$88,833	6.8%	$34.58	—	COM NEW	87161C501
SBCF	SEACOAST BKG CORP FLA	3,925,390	$86,751	6.7%	$28.64	-24.1%	COM NEW	811707801
CMA	COMERICA INC	2,014,130	$85,319	6.6%	$40.24	-12.5%	COM	200340107
ABCB	AMERIS BANCORP	2,458,426	$84,103	6.5%	$42.31	-24.3%	COM	03076K108
IBOC	INTERNATIONAL BANCSHARES COR	1,610,062	$71,165	5.5%	$42.23	-3.8%	COM	459044103
WFC	WELLS FARGO CO NEW	1,640,000	$69,995	5.4%	$40.82	-7.8%	COM	949746101
PNC	PNC FINL SVCS GROUP INC	486,880	$61,323	4.7%	$120.69	-8.5%	COM	693475105
WTFC	WINTRUST FINL CORP	806,865	$58,595	4.5%	$80.22	-15.0%	COM	97650W108
HTH	HILLTOP HOLDINGS INC	1,718,909	$54,077	4.2%	$30.53	+0.3%	COM	432748101
QTWO	Q2 HLDGS INC	1,707,773	$52,770	4.1%	$33.91	-22.7%	COM	74736L109
ACIW	ACI WORLDWIDE INC	2,252,265	$52,185	4.0%	$23.85	+1.4%	COM	004498101
—	PINNACLE FINL PARTNERS INC	785,535	$44,501	3.4%	$68.78	—	COM	72346Q104
BK	BANK NEW YORK MELLON CORP	948,130	$42,211	3.2%	$39.41	+1.3%	COM	064058100
FHN	FIRST HORIZON CORPORATION	3,741,250	$42,164	3.2%	$13.77	-12.1%	COM	320517105
TCBI	TEXAS CAP BANCSHARES INC	727,750	$37,479	2.9%	$51.91	-3.9%	COM	88224Q107
AAMI	BRIGHTSPHERE INVT GROUP INC	1,668,283	$34,951	2.7%	$20.64	+7.4%	COM	10948W103
SCHW	SCHWAB CHARLES CORP	553,500	$31,372	2.4%	$50.45	0.0%	COM	808513105
CADE	CADENCE BANK	1,474,706	$28,963	2.2%	$18.61	-3.4%	COM	12740C103
—	AVIDXCHANGE HOLDINGS INC	2,741,880	$28,461	2.2%	$9.26	—	COM	05368X102
—	FIRST BANCSHARES INC MS	1,097,836	$28,368	2.2%	$28.32	—	COM	318916103
GPN	GLOBAL PMTS INC	210,130	$20,702	1.6%	$104.13	-3.9%	COM	37940X102
KEY	KEYCORP	1,435,000	$13,259	1.0%	$9.00	0.0%	COM	493267108
PIPR	PIPER SANDLER COMPANIES	100,631	$13,008	1.0%	$134.67	-1.9%	COM	724078100
FIS	FIDELITY NATL INFORMATION SV	215,250	$11,774	0.9%	$53.76	-4.2%	COM	31620M106
CVBF	CVB FINL CORP	711,433	$9,448	0.7%	$12.20	0.0%	COM	126600105
—	AMERICAN NATL BANKSHARES INC	310,304	$8,993	0.7%	$32.93	—	COM	027745108
MYFW	FIRST WESTN FINL INC	453,186	$8,429	0.6%	$27.26	-35.7%	COM	33751L105
PGC	PEAPACK-GLADSTONE FINL CORP	282,354	$7,646	0.6%	$33.64	-20.4%	COM	704699107
COLB	COLUMBIA BKG SYS INC	307,500	$6,236	0.5%	$23.29	-23.2%	COM	197236102
VCTR	VICTORY CAP HLDGS INC	150,796	$4,756	0.4%	$27.91	+1.5%	COM CL A	92645B103
SF	STIFEL FINL CORP	77,020	$4,596	0.4%	$58.41	-4.9%	COM	860630102
GCMG	GCM GROSVENOR INC	440,732	$3,323	0.3%	$7.36	-10.0%	COM CL A	36831E108
RPAY	REPAY HLDGS CORP	198,349	$1,553	0.1%	$7.97	-15.6%	COM CL A	76029L100
CCNE	CNB FINL CORP PA	79,185	$1,398	0.1%	$21.45	-23.4%	COM	126128107
VYX	NCR CORP NEW	40,000	$1,008	0.1%	$14.43	0.0%	COM	62886E108