NFC Investments, LLC Long-Term Concentrated

CIK: 0001512858 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 15, 2017

Total Value ($000): $258,486 (100.0% shares, 0.0% debt)

Holdings (41)

AIG AMERICAN INTL GROUP INC 11.5%

Value ($000) $29,750 Shares 455,524 Est. Cost $35.93 Unrealized +38.6%

— ENSTAR GROUP LIMITED 9.8%

Value ($000) $25,370 Shares 128,329 Est. Cost $143.09 Unrealized —

MTG MGIC INVESTMENT CORP 6.5%

Value ($000) $16,787 Shares 1,647,410 Est. Cost $6.90 Unrealized +30.9%

TFIN TRIUMPH BANCORP INC 6.2%

Value ($000) $15,947 Shares 609,835 Est. Cost $14.01 Unrealized +52.3%

— CHIMERA INVT CORP 5.7%

Value ($000) $14,634 Shares 859,836 Est. Cost $3.44 Unrealized —

AL AIR LEASE CORP 5.2%

Value ($000) $13,403 Shares 390,425 Est. Cost $28.73 Unrealized -1.3%

— GOLAR LNG PARTNERS LP 5.2%

Value ($000) $13,378 Shares 556,497 Est. Cost $25.23 Unrealized —

STWD STARWOOD PPTY TR INC 5.0%

Value ($000) $12,925 Shares 588,833 Est. Cost $24.14 Unrealized —

AGO ASSURED GUARANTY LTD 4.4%

Value ($000) $11,477 Shares 303,863 Est. Cost $19.10 Unrealized +50.8%

LBRDK LIBERTY BROADBAND CORP 4.2%

Value ($000) $10,789 Shares 145,654 Est. Cost $49.98 Unrealized +31.6%

— CORECIVIC INC 3.4%

Value ($000) $8,802 Shares 359,882 Est. Cost $24.46 Unrealized —

COF CAPITAL ONE FINL CORP 3.2%

Value ($000) $8,168 Shares 93,625 Est. Cost $49.02 Unrealized +40.2%

— RICE ENERGY INC 2.7%

Value ($000) $7,081 Shares 331,681 Est. Cost $24.56 Unrealized —

DAR DARLING INGREDIENTS INC 2.7%

Value ($000) $6,853 Shares 530,855 Est. Cost $10.17 Unrealized +33.2%

— ALLIANCE HOLDINGS GP LP 2.6%

Value ($000) $6,751 Shares 240,260 Est. Cost $47.05 Unrealized —

— PICO HOLDINGS INC 2.6%

Value ($000) $6,697 Shares 442,058 Est. Cost $11.96 Unrealized —

— VERISIGN INC 2.5%

Value ($000) $6,386 Shares 83,945 Est. Cost $76.07 Unrealized —

— STATE NATL COS INC 2.3%

Value ($000) $5,953 Shares 429,490 Est. Cost $10.42 Unrealized —

— JERNIGAN CAP INC 1.9%

Value ($000) $4,965 Shares 235,854 Est. Cost $18.48 Unrealized —

— CAPITAL ONE FINL CORP 1.7%

Value ($000) $4,515 Shares 99,909 Est. Cost $24.38 Unrealized —

ORI OLD REP INTL CORP 1.6%

Value ($000) $4,104 Shares 216,000 Est. Cost $5.68 Unrealized +57.2%

— OCI PARTNERS LP 1.3%

Value ($000) $3,266 Shares 391,126 Est. Cost $18.88 Unrealized —

NVGS NAVIGATOR HOLDINGS LTD 1.2%

Value ($000) $3,160 Shares 339,790 Est. Cost $14.10 Unrealized -43.3%

EG EVEREST RE GROUP LTD 1.0%

Value ($000) $2,597 Shares 12,000 Est. Cost $99.45 Unrealized +71.5%

RNR RENAISSANCE RE HOLDINGS LTD 0.9%

Value ($000) $2,319 Shares 17,020 Est. Cost $88.61 Unrealized +44.6%

STC STEWART INFORMATION SVCS COR 0.7%

Value ($000) $1,843 Shares 40,000 Est. Cost $33.15 Unrealized +35.4%

— LIFELOCK INC 0.7%

Value ($000) $1,797 Shares 75,120 Est. Cost $11.71 Unrealized —

— AMERICAN CAP LTD 0.7%

Value ($000) $1,706 Shares 95,175 Est. Cost $15.24 Unrealized —

— ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283 0.5%

Value ($000) $1,357 Shares 84,575 Est. Cost $14.48 Unrealized —

WTM WHITE MTNS INS GRP LTD 0.5%

Value ($000) $1,173 Shares 1,403 Est. Cost $583.58 Unrealized +43.6%

— AMERICAN INTL GROUP INC 0.3%

Value ($000) $811 Shares 34,585 Est. Cost $18.45 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC 0.3%

Value ($000) $715 Shares 4,390 Est. Cost $119.13 Unrealized +29.2%

FHN FIRST HORIZON NATL CORP 0.2%

Value ($000) $620 Shares 30,995 Est. Cost $7.68 Unrealized +66.8%

KO COCA COLA CO 0.2%

Value ($000) $548 Shares 13,214 Est. Cost $27.91 Unrealized +11.8%

— ANNALY CAP MGMT INC 0.1%

Value ($000) $371 Shares 37,200 Est. Cost $11.38 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $313 Shares 2,703 Est. Cost $18.78 Unrealized +38.9%

RF REGIONS FINANCIAL CORP 0.1%

Value ($000) $276 Shares 19,235 Est. Cost $5.80 Unrealized +52.4%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $240 Shares 2,080 Est. Cost $61.28 Unrealized +46.4%

— PINNACLE FINL PARTNERS 0.1%

Value ($000) $233 Shares 3,361 Est. Cost $69.32 Unrealized —

MSFT MICROSOFT CORP 0.1%

Value ($000) $204 Shares 3,290 Est. Cost $53.94 Unrealized 0.0%

MRK MERCK & CO INC 0.1%

Value ($000) $202 Shares 3,439 Est. Cost $43.73 Unrealized +0.8%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	455,524	$29,750	11.5%	$35.93	+38.6%	COM	026874784
—	ENSTAR GROUP LIMITED	128,329	$25,370	9.8%	$143.09	—	SHS	G3075p101
MTG	MGIC INVESTMENT CORP	1,647,410	$16,787	6.5%	$6.90	+30.9%	CORP	552848103
TFIN	TRIUMPH BANCORP INC	609,835	$15,947	6.2%	$14.01	+52.3%	COM	89679E300
—	CHIMERA INVT CORP	859,836	$14,634	5.7%	$3.44	—	COM	16934Q109
AL	AIR LEASE CORP	390,425	$13,403	5.2%	$28.73	-1.3%	CL A	00912X302
—	GOLAR LNG PARTNERS LP	556,497	$13,378	5.2%	$25.23	—	COM UNIT LPI	Y2745C102
STWD	STARWOOD PPTY TR INC	588,833	$12,925	5.0%	$24.14	—	COM	85571B105
AGO	ASSURED GUARANTY LTD	303,863	$11,477	4.4%	$19.10	+50.8%	COM	G0585R106
LBRDK	LIBERTY BROADBAND CORP	145,654	$10,789	4.2%	$49.98	+31.6%	COM SER C	530307305
—	CORECIVIC INC	359,882	$8,802	3.4%	$24.46	—	COM	21871n101
COF	CAPITAL ONE FINL CORP	93,625	$8,168	3.2%	$49.02	+40.2%	COM	14040H105
—	RICE ENERGY INC	331,681	$7,081	2.7%	$24.56	—	COM	762760106
DAR	DARLING INGREDIENTS INC	530,855	$6,853	2.7%	$10.17	+33.2%	COM	237266101
—	ALLIANCE HOLDINGS GP LP	240,260	$6,751	2.6%	$47.05	—	COM UNITS LP	01861G100
—	PICO HOLDINGS INC	442,058	$6,697	2.6%	$11.96	—	COM	693366205
—	VERISIGN INC	83,945	$6,386	2.5%	$76.07	—	COM	92343e102
—	STATE NATL COS INC	429,490	$5,953	2.3%	$10.42	—	COM	85711T305
—	JERNIGAN CAP INC	235,854	$4,965	1.9%	$18.48	—	COM	476405105
—	CAPITAL ONE FINL CORP	99,909	$4,515	1.7%	$24.38	—	W EXP 11/14/2018	14040H139
ORI	OLD REP INTL CORP	216,000	$4,104	1.6%	$5.68	+57.2%	COM	680223104
—	OCI PARTNERS LP	391,126	$3,266	1.3%	$18.88	—	COM UNIT REP LP	67091N108
NVGS	NAVIGATOR HOLDINGS LTD	339,790	$3,160	1.2%	$14.10	-43.3%	SHS	Y62132108
EG	EVEREST RE GROUP LTD	12,000	$2,597	1.0%	$99.45	+71.5%	COM	G3223R108
RNR	RENAISSANCE RE HOLDINGS LTD	17,020	$2,319	0.9%	$88.61	+44.6%	COM	G7496G103
STC	STEWART INFORMATION SVCS COR	40,000	$1,843	0.7%	$33.15	+35.4%	COM	860372101
—	LIFELOCK INC	75,120	$1,797	0.7%	$11.71	—	COM	53224V100
—	AMERICAN CAP LTD	95,175	$1,706	0.7%	$15.24	—	COM	02503y103
—	ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283	84,575	$1,357	0.5%	$14.48	—	CL A	G67742109
WTM	WHITE MTNS INS GRP LTD	1,403	$1,173	0.5%	$583.58	+43.6%	COM	G9618E107
—	AMERICAN INTL GROUP INC	34,585	$811	0.3%	$18.45	—	W EXP 01/19/2021	026874156
BRK/B	BERKSHIRE HATHAWAY INC	4,390	$715	0.3%	$119.13	+29.2%	CL B	084670702
FHN	FIRST HORIZON NATL CORP	30,995	$620	0.2%	$7.68	+66.8%	COM	320517105
KO	COCA COLA CO	13,214	$548	0.2%	$27.91	+11.8%	COM	191216100
—	ANNALY CAP MGMT INC	37,200	$371	0.1%	$11.38	—	COM	035710409
AAPL	APPLE INC	2,703	$313	0.1%	$18.78	+38.9%	COM	037833100
RF	REGIONS FINANCIAL CORP	19,235	$276	0.1%	$5.80	+52.4%	COM	7591EP100
JNJ	JOHNSON & JOHNSON	2,080	$240	0.1%	$61.28	+46.4%	COM	478160104
—	PINNACLE FINL PARTNERS	3,361	$233	0.1%	$69.32	—	COM	72346q104
MSFT	MICROSOFT CORP	3,290	$204	0.1%	$53.94	0.0%	COM	594918104
MRK	MERCK & CO INC	3,439	$202	0.1%	$43.73	+0.8%	COM	58933Y105