NFC Investments, LLC Long-Term Concentrated

CIK: 0001512858 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: May 14, 2014

Total Value ($000): $199,086 (100.0% shares, 0.0% debt)

Holdings (41)

AIG AMERICAN INTL GROUP INC 10.7%

Value ($000) $21,207 Shares 424,050 Est. Cost $33.72 Unrealized +12.3%

— INTERVEST BANCSHARES CORP 7.3%

Value ($000) $14,441 Shares 1,938,445 Est. Cost $6.68 Unrealized —

ORI OLD REP INTL CORP 6.9%

Value ($000) $13,834 Shares 843,570 Est. Cost $5.60 Unrealized +24.5%

— CHIMERA INVT CORP 6.9%

Value ($000) $13,819 Shares 4,516,050 Est. Cost $3.04 Unrealized —

STWD STARWOOD PPTY TR INC 6.8%

Value ($000) $13,530 Shares 573,560 Est. Cost $24.76 Unrealized —

— ALLIANCE HOLDINGS GP LP 5.7%

Value ($000) $11,410 Shares 183,675 Est. Cost $63.75 Unrealized —

— GOLAR LNG PARTNERS LP 5.4%

Value ($000) $10,758 Shares 359,820 Est. Cost $32.38 Unrealized —

— LYON WILLIAM HOMES 4.2%

Value ($000) $8,303 Shares 300,716 Est. Cost $23.42 Unrealized —

COF CAPITAL ONE FINL CORP 4.0%

Value ($000) $8,042 Shares 104,225 Est. Cost $47.75 Unrealized +24.3%

AGO ASSURED GUARANTY LTD 3.9%

Value ($000) $7,701 Shares 304,130 Est. Cost $19.10 Unrealized +0.8%

— MACQUARIE INFRASTR CO 3.8%

Value ($000) $7,550 Shares 131,830 Est. Cost $53.48 Unrealized —

— BROOKFIELD RESIDENTIAL PPTYS 3.7%

Value ($000) $7,267 Shares 346,531 Est. Cost $22.26 Unrealized —

— CHESAPEAKE ENERGY CORP 3.6%

Value ($000) $7,122 Shares 277,980 Est. Cost $20.38 Unrealized —

— RICE ENERGY INC 3.3%

Value ($000) $6,564 Shares 248,733 Est. Cost $26.39 Unrealized —

— BIOSCRIP INC 3.2%

Value ($000) $6,371 Shares 912,680 Est. Cost $6.98 Unrealized —

— HAWAIIAN TELCOM HOLDCO INC 3.1%

Value ($000) $6,164 Shares 216,372 Est. Cost $25.16 Unrealized —

— DIRECTV COM 2.0%

Value ($000) $3,901 Shares 51,050 Est. Cost $61.72 Unrealized —

— CORRECTIONS CORP AMER 1.9%

Value ($000) $3,813 Shares 121,733 Est. Cost $34.13 Unrealized —

— CAPITAL ONE FINL CORP 1.9%

Value ($000) $3,751 Shares 106,120 Est. Cost $24.38 Unrealized —

UPBD RENT A CTR INC 1.6%

Value ($000) $3,181 Shares 119,590 Est. Cost $36.21 Unrealized -25.2%

— OCI PARTNERS LP 1.3%

Value ($000) $2,654 Shares 123,780 Est. Cost $21.44 Unrealized —

— LIFELOCK INC 1.3%

Value ($000) $2,522 Shares 147,423 Est. Cost $11.71 Unrealized —

— ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283 1.0%

Value ($000) $2,074 Shares 134,183 Est. Cost $14.48 Unrealized —

EG EVEREST RE GROUP LTD 0.9%

Value ($000) $1,836 Shares 12,000 Est. Cost $99.45 Unrealized +15.6%

RNR RENAISSANCERE HOLDINGS LTD 0.8%

Value ($000) $1,661 Shares 17,020 Est. Cost $88.61 Unrealized +5.7%

— WALTER ENERGY 0.8%

Value ($000) $1,641 Shares 217,050 Est. Cost $10.40 Unrealized —

— STANCORP FINL GROUP INC 0.5%

Value ($000) $1,002 Shares 15,000 Est. Cost $49.40 Unrealized —

MKL MARKEL CORP 0.5%

Value ($000) $900 Shares 1,510 Est. Cost $523.59 Unrealized +8.8%

WTM WHITE MTNS INS GRP LTD 0.4%

Value ($000) $842 Shares 1,403 Est. Cost $583.58 Unrealized -0.0%

— AMERICAN INTL GROUP INC 0.4%

Value ($000) $737 Shares 36,060 Est. Cost $18.25 Unrealized —

STC STEWART INFORMATION SVCS COR 0.4%

Value ($000) $702 Shares 20,000 Est. Cost $34.36 Unrealized 0.0%

— RHINO RESOURCE PARTNR 0.3%

Value ($000) $564 Shares 41,288 Est. Cost $12.48 Unrealized —

KO COCA COLA CO 0.3%

Value ($000) $511 Shares 13,214 Est. Cost $27.85 Unrealized -4.7%

FHN FIRST HORIZON NATL CORP 0.3%

Value ($000) $506 Shares 41,015 Est. Cost $7.68 Unrealized +7.7%

— CENTRAL SECS CORP 0.2%

Value ($000) $427 Shares 19,068 Est. Cost $21.18 Unrealized —

— ANNALY CAP MGMT INC 0.2%

Value ($000) $400 Shares 36,500 Est. Cost $11.60 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC 0.2%

Value ($000) $380 Shares 3,040 Est. Cost $110.02 Unrealized +6.2%

AAPL APPLE INC 0.2%

Value ($000) $311 Shares 580 Est. Cost $13.16 Unrealized +26.0%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $257 Shares 2,615 Est. Cost $59.66 Unrealized +11.7%

— WALTER INVT MGMT CORP 0.1%

Value ($000) $216 Shares 7,236 Est. Cost $33.84 Unrealized —

RF REGIONS FINANCIAL CORP 0.1%

Value ($000) $214 Shares 19,235 Est. Cost $5.80 Unrealized +22.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	424,050	$21,207	10.7%	$33.72	+12.3%	COM	026874784
—	INTERVEST BANCSHARES CORP	1,938,445	$14,441	7.3%	$6.68	—	CL A	460927106
ORI	OLD REP INTL CORP	843,570	$13,834	6.9%	$5.60	+24.5%	COM	680223104
—	CHIMERA INVT CORP	4,516,050	$13,819	6.9%	$3.04	—	COM	16934Q109
STWD	STARWOOD PPTY TR INC	573,560	$13,530	6.8%	$24.76	—	COM	85571B105
—	ALLIANCE HOLDINGS GP LP	183,675	$11,410	5.7%	$63.75	—	COM UNITS LP	01861G100
—	GOLAR LNG PARTNERS LP	359,820	$10,758	5.4%	$32.38	—	COM UNIT LPI	Y2745C102
—	LYON WILLIAM HOMES	300,716	$8,303	4.2%	$23.42	—	CL A	552074700
COF	CAPITAL ONE FINL CORP	104,225	$8,042	4.0%	$47.75	+24.3%	COM	14040H105
AGO	ASSURED GUARANTY LTD	304,130	$7,701	3.9%	$19.10	+0.8%	COM	G0585R106
—	MACQUARIE INFRASTR CO	131,830	$7,550	3.8%	$53.48	—	MEMBERSHIP INT	55608B105
—	BROOKFIELD RESIDENTIAL PPTYS	346,531	$7,267	3.7%	$22.26	—	COM	11283W104
—	CHESAPEAKE ENERGY CORP	277,980	$7,122	3.6%	$20.38	—	COM	165167107
—	RICE ENERGY INC	248,733	$6,564	3.3%	$26.39	—	COM	762760106
—	BIOSCRIP INC	912,680	$6,371	3.2%	$6.98	—	COM	09069N108
—	HAWAIIAN TELCOM HOLDCO INC	216,372	$6,164	3.1%	$25.16	—	COM	420031106
—	DIRECTV COM	51,050	$3,901	2.0%	$61.72	—	CL A	25490A101
—	CORRECTIONS CORP AMER	121,733	$3,813	1.9%	$34.13	—	COM	22025Y407
—	CAPITAL ONE FINL CORP	106,120	$3,751	1.9%	$24.38	—	W EXP 11/14/2018	14040H139
UPBD	RENT A CTR INC	119,590	$3,181	1.6%	$36.21	-25.2%	COM	76009N100
—	OCI PARTNERS LP	123,780	$2,654	1.3%	$21.44	—	COM UNIT REP LP	67091N108
—	LIFELOCK INC	147,423	$2,522	1.3%	$11.71	—	COM	53224V100
—	ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283	134,183	$2,074	1.0%	$14.48	—	CL A	G67742109
EG	EVEREST RE GROUP LTD	12,000	$1,836	0.9%	$99.45	+15.6%	COM	G3223R108
RNR	RENAISSANCERE HOLDINGS LTD	17,020	$1,661	0.8%	$88.61	+5.7%	COM	G7496G103
—	WALTER ENERGY	217,050	$1,641	0.8%	$10.40	—	COM	93317Q105
—	STANCORP FINL GROUP INC	15,000	$1,002	0.5%	$49.40	—	COM	852891100
MKL	MARKEL CORP	1,510	$900	0.5%	$523.59	+8.8%	COM	570535104
WTM	WHITE MTNS INS GRP LTD	1,403	$842	0.4%	$583.58	-0.0%	COM	G9618E107
—	AMERICAN INTL GROUP INC	36,060	$737	0.4%	$18.25	—	W EXP 01/19/2021	026874156
STC	STEWART INFORMATION SVCS COR	20,000	$702	0.4%	$34.36	0.0%	COM	860372101
—	RHINO RESOURCE PARTNR	41,288	$564	0.3%	$12.48	—	COM UNIT REPST	76218Y103
KO	COCA COLA CO	13,214	$511	0.3%	$27.85	-4.7%	COM	191216100
FHN	FIRST HORIZON NATL CORP	41,015	$506	0.3%	$7.68	+7.7%	COM	320517105
—	CENTRAL SECS CORP	19,068	$427	0.2%	$21.18	—	COM	155123102
—	ANNALY CAP MGMT INC	36,500	$400	0.2%	$11.60	—	COM	035710409
BRK/B	BERKSHIRE HATHAWAY INC	3,040	$380	0.2%	$110.02	+6.2%	CL B	084670702
AAPL	APPLE INC	580	$311	0.2%	$13.16	+26.0%	COM	037833100
JNJ	JOHNSON & JOHNSON	2,615	$257	0.1%	$59.66	+11.7%	COM	478160104
—	WALTER INVT MGMT CORP	7,236	$216	0.1%	$33.84	—	COM	93317W102
RF	REGIONS FINANCIAL CORP	19,235	$214	0.1%	$5.80	+22.1%	COM	7591EP100