NFC Investments, LLC Long-Term Concentrated

CIK: 0001512858 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 12, 2017

Total Value ($000): $262,706 (100.0% shares, 0.0% debt)

Holdings (41)

AIG AMERICAN INTL GROUP INC 10.7%

Value ($000) $28,175 Shares 451,299 Est. Cost $35.93 Unrealized +42.4%

— ENSTAR GROUP LIMITED 9.4%

Value ($000) $24,761 Shares 129,434 Est. Cost $143.09 Unrealized —

— CHIMERA INVT CORP 6.5%

Value ($000) $17,171 Shares 850,886 Est. Cost $3.44 Unrealized —

MTG MGIC INVESTMENT CORP 6.3%

Value ($000) $16,585 Shares 1,637,260 Est. Cost $6.90 Unrealized +52.8%

AGO ASSURED GUARANTY LTD 5.8%

Value ($000) $15,233 Shares 410,498 Est. Cost $22.99 Unrealized +48.2%

AL AIR LEASE CORP 5.7%

Value ($000) $14,846 Shares 383,125 Est. Cost $28.73 Unrealized +13.0%

STWD STARWOOD PPTY TR INC 5.1%

Value ($000) $13,407 Shares 593,758 Est. Cost $24.14 Unrealized —

TFIN TRIUMPH BANCORP INC 5.0%

Value ($000) $13,066 Shares 506,425 Est. Cost $14.01 Unrealized +89.2%

LBRDK LIBERTY BROADBAND CORP 4.7%

Value ($000) $12,435 Shares 143,919 Est. Cost $49.98 Unrealized +56.2%

— CORECIVIC INC 4.2%

Value ($000) $11,154 Shares 354,982 Est. Cost $24.46 Unrealized —

— ATHENE HLDG LTD 3.1%

Value ($000) $8,173 Shares 163,484 Est. Cost $49.99 Unrealized —

COF CAPITAL ONE FINL CORP 3.1%

Value ($000) $8,013 Shares 92,460 Est. Cost $49.02 Unrealized +55.7%

DAR DARLING INGREDIENTS INC 3.0%

Value ($000) $7,912 Shares 544,905 Est. Cost $10.25 Unrealized +28.5%

— RICE ENERGY INC 3.0%

Value ($000) $7,883 Shares 332,631 Est. Cost $24.56 Unrealized —

— VERISIGN INC 2.9%

Value ($000) $7,557 Shares 86,750 Est. Cost $76.43 Unrealized —

— ALLIANCE HOLDINGS GP LP 2.4%

Value ($000) $6,368 Shares 232,160 Est. Cost $47.05 Unrealized —

— STATE NATL COS INC 2.4%

Value ($000) $6,290 Shares 436,840 Est. Cost $10.49 Unrealized —

— PICO HOLDINGS INC 2.4%

Value ($000) $6,219 Shares 444,204 Est. Cost $11.96 Unrealized —

— JERNIGAN CAP INC 2.0%

Value ($000) $5,297 Shares 229,904 Est. Cost $18.48 Unrealized —

NVGS NAVIGATOR HOLDINGS LTD 1.8%

Value ($000) $4,715 Shares 342,940 Est. Cost $14.10 Unrealized -18.8%

— CAPITAL ONE FINL CORP 1.7%

Value ($000) $4,458 Shares 99,509 Est. Cost $24.38 Unrealized —

ORI OLD REP INTL CORP 1.7%

Value ($000) $4,424 Shares 216,000 Est. Cost $5.68 Unrealized +78.1%

— OCI PARTNERS LP 1.5%

Value ($000) $3,853 Shares 385,226 Est. Cost $18.88 Unrealized —

EG EVEREST RE GROUP LTD 1.1%

Value ($000) $2,806 Shares 12,000 Est. Cost $99.45 Unrealized +91.1%

RNR RENAISSANCE RE HOLDINGS LTD 0.9%

Value ($000) $2,462 Shares 17,020 Est. Cost $88.61 Unrealized +61.5%

STC STEWART INFORMATION SVCS COR 0.7%

Value ($000) $1,767 Shares 40,000 Est. Cost $33.15 Unrealized +32.8%

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

Value ($000) $1,312 Shares 82,000 Est. Cost $14.48 Unrealized —

WTM WHITE MTNS INS GRP LTD 0.5%

Value ($000) $1,234 Shares 1,403 Est. Cost $583.58 Unrealized +53.5%

— AMERICAN INTL GROUP INC 0.3%

Value ($000) $803 Shares 37,585 Est. Cost $18.69 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC 0.3%

Value ($000) $731 Shares 4,390 Est. Cost $119.13 Unrealized +40.4%

FHN FIRST HORIZON NATL CORP 0.2%

Value ($000) $573 Shares 30,995 Est. Cost $7.68 Unrealized +86.9%

KO COCA COLA CO 0.2%

Value ($000) $561 Shares 13,214 Est. Cost $27.91 Unrealized +12.9%

— ANNALY CAP MGMT INC 0.2%

Value ($000) $413 Shares 37,200 Est. Cost $11.38 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $392 Shares 2,728 Est. Cost $18.78 Unrealized +62.1%

RF REGIONS FINANCIAL CORP 0.1%

Value ($000) $279 Shares 19,235 Est. Cost $5.80 Unrealized +82.8%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $259 Shares 2,080 Est. Cost $61.28 Unrealized +52.4%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $239 Shares 2,115 Est. Cost $65.59 Unrealized 0.0%

— PINNACLE FINL PARTNERS 0.1%

Value ($000) $223 Shares 3,361 Est. Cost $69.32 Unrealized —

— KKR & CO L P DEL 0.1%

Value ($000) $221 Shares 12,100 Est. Cost $18.26 Unrealized —

MRK MERCK & CO INC 0.1%

Value ($000) $219 Shares 3,439 Est. Cost $43.73 Unrealized +5.3%

MSFT MICROSOFT CORP 0.1%

Value ($000) $217 Shares 3,290 Est. Cost $53.94 Unrealized +7.2%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	451,299	$28,175	10.7%	$35.93	+42.4%	COM	026874784
—	ENSTAR GROUP LIMITED	129,434	$24,761	9.4%	$143.09	—	SHS	G3075p101
—	CHIMERA INVT CORP	850,886	$17,171	6.5%	$3.44	—	COM	16934Q109
MTG	MGIC INVESTMENT CORP	1,637,260	$16,585	6.3%	$6.90	+52.8%	CORP	552848103
AGO	ASSURED GUARANTY LTD	410,498	$15,233	5.8%	$22.99	+48.2%	COM	G0585R106
AL	AIR LEASE CORP	383,125	$14,846	5.7%	$28.73	+13.0%	CL A	00912X302
STWD	STARWOOD PPTY TR INC	593,758	$13,407	5.1%	$24.14	—	COM	85571B105
TFIN	TRIUMPH BANCORP INC	506,425	$13,066	5.0%	$14.01	+89.2%	COM	89679E300
LBRDK	LIBERTY BROADBAND CORP	143,919	$12,435	4.7%	$49.98	+56.2%	COM SER C	530307305
—	CORECIVIC INC	354,982	$11,154	4.2%	$24.46	—	COM	21871n101
—	ATHENE HLDG LTD	163,484	$8,173	3.1%	$49.99	—	CL A	G0684d107
COF	CAPITAL ONE FINL CORP	92,460	$8,013	3.1%	$49.02	+55.7%	COM	14040H105
DAR	DARLING INGREDIENTS INC	544,905	$7,912	3.0%	$10.25	+28.5%	COM	237266101
—	RICE ENERGY INC	332,631	$7,883	3.0%	$24.56	—	COM	762760106
—	VERISIGN INC	86,750	$7,557	2.9%	$76.43	—	COM	92343e102
—	ALLIANCE HOLDINGS GP LP	232,160	$6,368	2.4%	$47.05	—	COM UNITS LP	01861G100
—	STATE NATL COS INC	436,840	$6,290	2.4%	$10.49	—	COM	85711T305
—	PICO HOLDINGS INC	444,204	$6,219	2.4%	$11.96	—	COM	693366205
—	JERNIGAN CAP INC	229,904	$5,297	2.0%	$18.48	—	COM	476405105
NVGS	NAVIGATOR HOLDINGS LTD	342,940	$4,715	1.8%	$14.10	-18.8%	SHS	Y62132108
—	CAPITAL ONE FINL CORP	99,509	$4,458	1.7%	$24.38	—	W EXP 11/14/2018	14040H139
ORI	OLD REP INTL CORP	216,000	$4,424	1.7%	$5.68	+78.1%	COM	680223104
—	OCI PARTNERS LP	385,226	$3,853	1.5%	$18.88	—	COM UNIT REP LP	67091N108
EG	EVEREST RE GROUP LTD	12,000	$2,806	1.1%	$99.45	+91.1%	COM	G3223R108
RNR	RENAISSANCE RE HOLDINGS LTD	17,020	$2,462	0.9%	$88.61	+61.5%	COM	G7496G103
STC	STEWART INFORMATION SVCS COR	40,000	$1,767	0.7%	$33.15	+32.8%	COM	860372101
—	ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283	82,000	$1,312	0.5%	$14.48	—	CL A	G67742109
WTM	WHITE MTNS INS GRP LTD	1,403	$1,234	0.5%	$583.58	+53.5%	COM	G9618E107
—	AMERICAN INTL GROUP INC	37,585	$803	0.3%	$18.69	—	W EXP 01/19/2021	026874156
BRK/B	BERKSHIRE HATHAWAY INC	4,390	$731	0.3%	$119.13	+40.4%	CL B	084670702
FHN	FIRST HORIZON NATL CORP	30,995	$573	0.2%	$7.68	+86.9%	COM	320517105
KO	COCA COLA CO	13,214	$561	0.2%	$27.91	+12.9%	COM	191216100
—	ANNALY CAP MGMT INC	37,200	$413	0.2%	$11.38	—	COM	035710409
AAPL	APPLE INC	2,728	$392	0.1%	$18.78	+62.1%	COM	037833100
RF	REGIONS FINANCIAL CORP	19,235	$279	0.1%	$5.80	+82.8%	COM	7591EP100
JNJ	JOHNSON & JOHNSON	2,080	$259	0.1%	$61.28	+52.4%	COM	478160104
PM	PHILIP MORRIS INTL INC	2,115	$239	0.1%	$65.59	0.0%	COM	718172109
—	PINNACLE FINL PARTNERS	3,361	$223	0.1%	$69.32	—	COM	72346q104
—	KKR & CO L P DEL	12,100	$221	0.1%	$18.26	—	COM UNITS LP	48248m102
MRK	MERCK & CO INC	3,439	$219	0.1%	$43.73	+5.3%	COM	58933Y105
MSFT	MICROSOFT CORP	3,290	$217	0.1%	$53.94	+7.2%	COM	594918104