NFC Investments, LLC Long-Term Concentrated

CIK: 0001512858 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 15, 2017

Total Value ($000): $281,966 (100.0% shares, 0.0% debt)

Holdings (43)

AIG AMERICAN INTL GROUP INC 10.1%

Value ($000) $28,428 Shares 454,699 Est. Cost $35.93 Unrealized +38.6%

— ENSTAR GROUP LIMITED 9.2%

Value ($000) $25,883 Shares 130,293 Est. Cost $143.09 Unrealized —

MTG MGIC INVESTMENT CORP 6.6%

Value ($000) $18,561 Shares 1,657,200 Est. Cost $6.94 Unrealized +54.9%

AGO ASSURED GUARANTY LTD 6.0%

Value ($000) $16,985 Shares 406,913 Est. Cost $22.99 Unrealized +47.9%

— CHIMERA INVT CORP 5.7%

Value ($000) $16,069 Shares 862,516 Est. Cost $3.65 Unrealized —

AL AIR LEASE CORP 5.2%

Value ($000) $14,709 Shares 393,710 Est. Cost $28.83 Unrealized +12.0%

STWD STARWOOD PPTY TR INC 4.8%

Value ($000) $13,524 Shares 604,033 Est. Cost $24.11 Unrealized —

LBRDK LIBERTY BROADBAND CORP 4.5%

Value ($000) $12,550 Shares 144,669 Est. Cost $49.98 Unrealized +63.8%

TFIN TRIUMPH BANCORP INC 4.4%

Value ($000) $12,294 Shares 500,775 Est. Cost $14.01 Unrealized +65.5%

— ATHENE HLDG LTD 3.9%

Value ($000) $10,859 Shares 218,898 Est. Cost $49.90 Unrealized —

— CORECIVIC INC 3.5%

Value ($000) $9,923 Shares 359,782 Est. Cost $24.50 Unrealized —

— RICE ENERGY INC 3.2%

Value ($000) $8,946 Shares 335,951 Est. Cost $24.56 Unrealized —

DAR DARLING INGREDIENTS INC 3.1%

Value ($000) $8,849 Shares 562,220 Est. Cost $10.41 Unrealized +48.4%

AZO AUTOZONE INC 2.9%

Value ($000) $8,168 Shares 14,318 Est. Cost $651.02 Unrealized 0.0%

— VERISIGN INC 2.9%

Value ($000) $8,120 Shares 87,350 Est. Cost $76.43 Unrealized —

— STATE NATL COS INC 2.9%

Value ($000) $8,070 Shares 439,080 Est. Cost $10.49 Unrealized —

— PICO HOLDINGS INC 2.8%

Value ($000) $7,949 Shares 454,204 Est. Cost $12.09 Unrealized —

COF CAPITAL ONE FINL CORP 2.7%

Value ($000) $7,538 Shares 91,235 Est. Cost $49.02 Unrealized +42.7%

— ALLIANCE HOLDINGS GP LP 2.0%

Value ($000) $5,597 Shares 236,160 Est. Cost $46.65 Unrealized —

— JERNIGAN CAP INC 1.8%

Value ($000) $5,095 Shares 231,604 Est. Cost $18.48 Unrealized —

— STORE CAP CORP 1.5%

Value ($000) $4,273 Shares 190,325 Est. Cost $22.45 Unrealized —

ORI OLD REP INTL CORP 1.5%

Value ($000) $4,219 Shares 216,000 Est. Cost $5.68 Unrealized +77.5%

— CAPITAL ONE FINL CORP 1.5%

Value ($000) $4,136 Shares 99,684 Est. Cost $24.38 Unrealized —

— OCI PARTNERS LP 1.1%

Value ($000) $3,100 Shares 350,228 Est. Cost $18.88 Unrealized —

EG EVEREST RE GROUP LTD 1.1%

Value ($000) $3,055 Shares 12,000 Est. Cost $99.45 Unrealized +107.7%

NVGS NAVIGATOR HOLDINGS LTD 1.0%

Value ($000) $2,894 Shares 348,665 Est. Cost $14.02 Unrealized -31.4%

RNR RENAISSANCE RE HOLDINGS LTD 0.8%

Value ($000) $2,367 Shares 17,020 Est. Cost $88.61 Unrealized +58.6%

STC STEWART INFORMATION SVCS COR 0.6%

Value ($000) $1,815 Shares 40,000 Est. Cost $33.15 Unrealized +35.9%

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

Value ($000) $1,542 Shares 84,575 Est. Cost $14.59 Unrealized —

WTM WHITE MTNS INS GRP LTD 0.4%

Value ($000) $1,219 Shares 1,403 Est. Cost $583.58 Unrealized +48.7%

— AMERICAN INTL GROUP INC 0.3%

Value ($000) $799 Shares 37,885 Est. Cost $18.69 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC 0.3%

Value ($000) $744 Shares 4,390 Est. Cost $119.13 Unrealized +39.6%

KO COCA COLA CO 0.2%

Value ($000) $593 Shares 13,214 Est. Cost $27.91 Unrealized +20.6%

FHN FIRST HORIZON NATL CORP 0.2%

Value ($000) $540 Shares 30,995 Est. Cost $7.68 Unrealized +70.0%

— ANNALY CAP MGMT INC 0.2%

Value ($000) $472 Shares 39,200 Est. Cost $11.41 Unrealized —

AAPL APPLE INC 0.1%

Value ($000) $393 Shares 2,728 Est. Cost $18.78 Unrealized +82.7%

RF REGIONS FINANCIAL CORP 0.1%

Value ($000) $282 Shares 19,235 Est. Cost $5.80 Unrealized +75.2%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $275 Shares 2,080 Est. Cost $61.28 Unrealized +63.8%

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $248 Shares 2,115 Est. Cost $65.59 Unrealized +13.2%

MSFT MICROSOFT CORP 0.1%

Value ($000) $227 Shares 3,290 Est. Cost $53.94 Unrealized +15.6%

— KKR & CO L P DEL 0.1%

Value ($000) $225 Shares 12,100 Est. Cost $18.26 Unrealized —

MRK MERCK & CO INC 0.1%

Value ($000) $220 Shares 3,439 Est. Cost $43.73 Unrealized +6.4%

— PINNACLE FINL PARTNERS 0.1%

Value ($000) $211 Shares 3,361 Est. Cost $69.32 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	454,699	$28,428	10.1%	$35.93	+38.6%	COM	026874784
—	ENSTAR GROUP LIMITED	130,293	$25,883	9.2%	$143.09	—	SHS	G3075p101
MTG	MGIC INVESTMENT CORP	1,657,200	$18,561	6.6%	$6.94	+54.9%	CORP	552848103
AGO	ASSURED GUARANTY LTD	406,913	$16,985	6.0%	$22.99	+47.9%	COM	G0585R106
—	CHIMERA INVT CORP	862,516	$16,069	5.7%	$3.65	—	COM	16934Q109
AL	AIR LEASE CORP	393,710	$14,709	5.2%	$28.83	+12.0%	CL A	00912X302
STWD	STARWOOD PPTY TR INC	604,033	$13,524	4.8%	$24.11	—	COM	85571B105
LBRDK	LIBERTY BROADBAND CORP	144,669	$12,550	4.5%	$49.98	+63.8%	COM SER C	530307305
TFIN	TRIUMPH BANCORP INC	500,775	$12,294	4.4%	$14.01	+65.5%	COM	89679E300
—	ATHENE HLDG LTD	218,898	$10,859	3.9%	$49.90	—	CL A	G0684d107
—	CORECIVIC INC	359,782	$9,923	3.5%	$24.50	—	COM	21871n101
—	RICE ENERGY INC	335,951	$8,946	3.2%	$24.56	—	COM	762760106
DAR	DARLING INGREDIENTS INC	562,220	$8,849	3.1%	$10.41	+48.4%	COM	237266101
AZO	AUTOZONE INC	14,318	$8,168	2.9%	$651.02	0.0%	COM	053332102
—	VERISIGN INC	87,350	$8,120	2.9%	$76.43	—	COM	92343e102
—	STATE NATL COS INC	439,080	$8,070	2.9%	$10.49	—	COM	85711T305
—	PICO HOLDINGS INC	454,204	$7,949	2.8%	$12.09	—	COM	693366205
COF	CAPITAL ONE FINL CORP	91,235	$7,538	2.7%	$49.02	+42.7%	COM	14040H105
—	ALLIANCE HOLDINGS GP LP	236,160	$5,597	2.0%	$46.65	—	COM UNITS LP	01861G100
—	JERNIGAN CAP INC	231,604	$5,095	1.8%	$18.48	—	COM	476405105
—	STORE CAP CORP	190,325	$4,273	1.5%	$22.45	—	COM	862121100
ORI	OLD REP INTL CORP	216,000	$4,219	1.5%	$5.68	+77.5%	COM	680223104
—	CAPITAL ONE FINL CORP	99,684	$4,136	1.5%	$24.38	—	W EXP 11/14/2018	14040H139
—	OCI PARTNERS LP	350,228	$3,100	1.1%	$18.88	—	COM UNIT REP LP	67091N108
EG	EVEREST RE GROUP LTD	12,000	$3,055	1.1%	$99.45	+107.7%	COM	G3223R108
NVGS	NAVIGATOR HOLDINGS LTD	348,665	$2,894	1.0%	$14.02	-31.4%	SHS	Y62132108
RNR	RENAISSANCE RE HOLDINGS LTD	17,020	$2,367	0.8%	$88.61	+58.6%	COM	G7496G103
STC	STEWART INFORMATION SVCS COR	40,000	$1,815	0.6%	$33.15	+35.9%	COM	860372101
—	ONEBEACON INSURANCE GROUP LTD CL A G67742109 2,002 138,283 SH SOLE NONE - 0 138,283	84,575	$1,542	0.5%	$14.59	—	CL A	G67742109
WTM	WHITE MTNS INS GRP LTD	1,403	$1,219	0.4%	$583.58	+48.7%	COM	G9618E107
—	AMERICAN INTL GROUP INC	37,885	$799	0.3%	$18.69	—	W EXP 01/19/2021	026874156
BRK/B	BERKSHIRE HATHAWAY INC	4,390	$744	0.3%	$119.13	+39.6%	CL B	084670702
KO	COCA COLA CO	13,214	$593	0.2%	$27.91	+20.6%	COM	191216100
FHN	FIRST HORIZON NATL CORP	30,995	$540	0.2%	$7.68	+70.0%	COM	320517105
—	ANNALY CAP MGMT INC	39,200	$472	0.2%	$11.41	—	COM	035710409
AAPL	APPLE INC	2,728	$393	0.1%	$18.78	+82.7%	COM	037833100
RF	REGIONS FINANCIAL CORP	19,235	$282	0.1%	$5.80	+75.2%	COM	7591EP100
JNJ	JOHNSON & JOHNSON	2,080	$275	0.1%	$61.28	+63.8%	COM	478160104
PM	PHILIP MORRIS INTL INC	2,115	$248	0.1%	$65.59	+13.2%	COM	718172109
MSFT	MICROSOFT CORP	3,290	$227	0.1%	$53.94	+15.6%	COM	594918104
—	KKR & CO L P DEL	12,100	$225	0.1%	$18.26	—	COM UNITS LP	48248m102
MRK	MERCK & CO INC	3,439	$220	0.1%	$43.73	+6.4%	COM	58933Y105
—	PINNACLE FINL PARTNERS	3,361	$211	0.1%	$69.32	—	COM	72346q104