NFC Investments, LLC Long-Term Concentrated

CIK: 0001512858 · Show all filings

Period: Q4 2017 (← Previous) (Next →)

Filing Date: Feb 14, 2018

Total Value ($000): $295,736 (100.0% shares, 0.0% debt)

Holdings (42)

AIG AMERICAN INTL GROUP INC 8.9%

Value ($000) $26,181 Shares 439,434 Est. Cost $35.93 Unrealized +38.4%

— ENSTAR GROUP LIMITED 8.8%

Value ($000) $26,134 Shares 130,281 Est. Cost $143.09 Unrealized —

MTG MGIC INVESTMENT CORP 7.9%

Value ($000) $23,282 Shares 1,650,050 Est. Cost $6.94 Unrealized +102.6%

AL AIR LEASE CORP 6.4%

Value ($000) $18,866 Shares 392,315 Est. Cost $28.83 Unrealized +32.3%

— ATHENE HLDG LTD 6.0%

Value ($000) $17,803 Shares 344,293 Est. Cost $50.56 Unrealized —

STWD STARWOOD PPTY TR INC 5.9%

Value ($000) $17,306 Shares 810,563 Est. Cost $23.40 Unrealized —

TFIN TRIUMPH BANCORP INC 5.3%

Value ($000) $15,653 Shares 496,907 Est. Cost $14.56 Unrealized +117.0%

— CHIMERA INVT CORP 5.2%

Value ($000) $15,320 Shares 829,006 Est. Cost $3.65 Unrealized —

AZO AUTOZONE INC 4.5%

Value ($000) $13,228 Shares 18,595 Est. Cost $623.69 Unrealized +2.5%

AGO ASSURED GUARANTY LTD 4.4%

Value ($000) $13,156 Shares 388,423 Est. Cost $22.99 Unrealized +37.1%

LBRDK LIBERTY BROADBAND CORP 4.2%

Value ($000) $12,294 Shares 144,364 Est. Cost $49.98 Unrealized +66.8%

— CORECIVIC INC 4.0%

Value ($000) $11,886 Shares 528,281 Est. Cost $23.86 Unrealized —

DAR DARLING INGREDIENTS INC 3.4%

Value ($000) $10,181 Shares 561,555 Est. Cost $10.41 Unrealized +66.0%

— VERISIGN INC 3.4%

Value ($000) $9,983 Shares 87,235 Est. Cost $76.43 Unrealized —

COF CAPITAL ONE FINL CORP 3.0%

Value ($000) $8,986 Shares 90,235 Est. Cost $49.02 Unrealized +61.8%

— PICO HOLDINGS INC 2.7%

Value ($000) $8,037 Shares 627,876 Est. Cost $13.36 Unrealized —

— JERNIGAN CAP INC 2.6%

Value ($000) $7,762 Shares 408,306 Est. Cost $18.71 Unrealized —

— CAPITAL ONE FINL CORP 1.9%

Value ($000) $5,478 Shares 94,484 Est. Cost $24.38 Unrealized —

ORI OLD REP INTL CORP 1.6%

Value ($000) $4,639 Shares 217,000 Est. Cost $5.68 Unrealized +85.5%

— STORE CAP CORP 1.6%

Value ($000) $4,632 Shares 201,825 Est. Cost $22.48 Unrealized —

— ALLIANCE HOLDINGS GP LP 1.1%

Value ($000) $3,346 Shares 124,915 Est. Cost $46.65 Unrealized —

NVGS NAVIGATOR HOLDINGS LTD 0.9%

Value ($000) $2,779 Shares 282,090 Est. Cost $14.02 Unrealized -28.4%

EG EVEREST RE GROUP LTD 0.9%

Value ($000) $2,655 Shares 12,000 Est. Cost $99.45 Unrealized +91.6%

ARLP ALLIANCE RES PARTNERS LP 0.9%

Value ($000) $2,644 Shares 134,200 Est. Cost $19.63 Unrealized —

RNR RENAISSANCE RE HOLDINGS LTD 0.7%

Value ($000) $2,138 Shares 17,020 Est. Cost $88.61 Unrealized +51.5%

— OCI PARTNERS LP 0.6%

Value ($000) $1,642 Shares 203,925 Est. Cost $18.88 Unrealized —

STC STEWART INFORMATION SVCS COR 0.4%

Value ($000) $1,323 Shares 40,000 Est. Cost $33.15 Unrealized +19.1%

— FANHUA INC 0.4%

Value ($000) $1,297 Shares 60,000 Est. Cost $21.62 Unrealized —

WTM WHITE MTNS INS GRP LTD 0.4%

Value ($000) $1,194 Shares 1,403 Est. Cost $583.58 Unrealized +49.8%

BRK/B BERKSHIRE HATHAWAY INC 0.3%

Value ($000) $870 Shares 4,390 Est. Cost $119.13 Unrealized +59.4%

— AMERICAN INTL GROUP INC 0.2%

Value ($000) $687 Shares 37,885 Est. Cost $18.69 Unrealized —

FHN FIRST HORIZON NATL CORP 0.2%

Value ($000) $620 Shares 30,995 Est. Cost $7.68 Unrealized +86.2%

KO COCA COLA CO 0.2%

Value ($000) $599 Shares 13,064 Est. Cost $27.91 Unrealized +27.7%

IWB ISHARES TR 0.2%

Value ($000) $591 Shares 3,974 Est. Cost $139.91 Unrealized —

AAPL APPLE INC 0.2%

Value ($000) $508 Shares 3,003 Est. Cost $20.64 Unrealized +89.4%

— ANNALY CAP MGMT INC 0.2%

Value ($000) $448 Shares 37,700 Est. Cost $11.41 Unrealized —

RF REGIONS FINANCIAL CORP 0.1%

Value ($000) $332 Shares 19,235 Est. Cost $5.80 Unrealized +101.4%

MSFT MICROSOFT CORP 0.1%

Value ($000) $281 Shares 3,290 Est. Cost $53.94 Unrealized +39.5%

JNJ JOHNSON & JOHNSON 0.1%

Value ($000) $280 Shares 2,010 Est. Cost $61.28 Unrealized +81.1%

— KKR & CO L P DEL 0.1%

Value ($000) $249 Shares 11,800 Est. Cost $18.26 Unrealized —

— PINNACLE FINL PARTNERS 0.1%

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

PM PHILIP MORRIS INTL INC 0.1%

Value ($000) $223 Shares 2,115 Est. Cost $65.59 Unrealized +6.1%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AIG	AMERICAN INTL GROUP INC	439,434	$26,181	8.9%	$35.93	+38.4%	COM	026874784
—	ENSTAR GROUP LIMITED	130,281	$26,134	8.8%	$143.09	—	SHS	G3075p101
MTG	MGIC INVESTMENT CORP	1,650,050	$23,282	7.9%	$6.94	+102.6%	CORP	552848103
AL	AIR LEASE CORP	392,315	$18,866	6.4%	$28.83	+32.3%	CL A	00912X302
—	ATHENE HLDG LTD	344,293	$17,803	6.0%	$50.56	—	CL A	G0684d107
STWD	STARWOOD PPTY TR INC	810,563	$17,306	5.9%	$23.40	—	COM	85571B105
TFIN	TRIUMPH BANCORP INC	496,907	$15,653	5.3%	$14.56	+117.0%	COM	89679E300
—	CHIMERA INVT CORP	829,006	$15,320	5.2%	$3.65	—	COM	16934Q109
AZO	AUTOZONE INC	18,595	$13,228	4.5%	$623.69	+2.5%	COM	053332102
AGO	ASSURED GUARANTY LTD	388,423	$13,156	4.4%	$22.99	+37.1%	COM	G0585R106
LBRDK	LIBERTY BROADBAND CORP	144,364	$12,294	4.2%	$49.98	+66.8%	COM SER C	530307305
—	CORECIVIC INC	528,281	$11,886	4.0%	$23.86	—	COM	21871n101
DAR	DARLING INGREDIENTS INC	561,555	$10,181	3.4%	$10.41	+66.0%	COM	237266101
—	VERISIGN INC	87,235	$9,983	3.4%	$76.43	—	COM	92343e102
COF	CAPITAL ONE FINL CORP	90,235	$8,986	3.0%	$49.02	+61.8%	COM	14040H105
—	PICO HOLDINGS INC	627,876	$8,037	2.7%	$13.36	—	COM	693366205
—	JERNIGAN CAP INC	408,306	$7,762	2.6%	$18.71	—	COM	476405105
—	CAPITAL ONE FINL CORP	94,484	$5,478	1.9%	$24.38	—	W EXP 11/14/2018	14040H139
ORI	OLD REP INTL CORP	217,000	$4,639	1.6%	$5.68	+85.5%	COM	680223104
—	STORE CAP CORP	201,825	$4,632	1.6%	$22.48	—	COM	862121100
—	ALLIANCE HOLDINGS GP LP	124,915	$3,346	1.1%	$46.65	—	COM UNITS LP	01861G100
NVGS	NAVIGATOR HOLDINGS LTD	282,090	$2,779	0.9%	$14.02	-28.4%	SHS	Y62132108
EG	EVEREST RE GROUP LTD	12,000	$2,655	0.9%	$99.45	+91.6%	COM	G3223R108
ARLP	ALLIANCE RES PARTNERS LP	134,200	$2,644	0.9%	$19.63	—	UT LTD PART	01877R108
RNR	RENAISSANCE RE HOLDINGS LTD	17,020	$2,138	0.7%	$88.61	+51.5%	COM	G7496G103
—	OCI PARTNERS LP	203,925	$1,642	0.6%	$18.88	—	COM UNIT REP LP	67091N108
STC	STEWART INFORMATION SVCS COR	40,000	$1,323	0.4%	$33.15	+19.1%	COM	860372101
—	FANHUA INC	60,000	$1,297	0.4%	$21.62	—	SPONSORED ADR	30712A103
WTM	WHITE MTNS INS GRP LTD	1,403	$1,194	0.4%	$583.58	+49.8%	COM	G9618E107
BRK/B	BERKSHIRE HATHAWAY INC	4,390	$870	0.3%	$119.13	+59.4%	CL B	084670702
—	AMERICAN INTL GROUP INC	37,885	$687	0.2%	$18.69	—	W EXP 01/19/2021	026874156
FHN	FIRST HORIZON NATL CORP	30,995	$620	0.2%	$7.68	+86.2%	COM	320517105
KO	COCA COLA CO	13,064	$599	0.2%	$27.91	+27.7%	COM	191216100
IWB	ISHARES TR	3,974	$591	0.2%	$139.91	—	RUS 1000 ETF	464287622
AAPL	APPLE INC	3,003	$508	0.2%	$20.64	+89.4%	COM	037833100
—	ANNALY CAP MGMT INC	37,700	$448	0.2%	$11.41	—	COM	035710409
RF	REGIONS FINANCIAL CORP	19,235	$332	0.1%	$5.80	+101.4%	COM	7591EP100
MSFT	MICROSOFT CORP	3,290	$281	0.1%	$53.94	+39.5%	COM	594918104
JNJ	JOHNSON & JOHNSON	2,010	$280	0.1%	$61.28	+81.1%	COM	478160104
—	KKR & CO L P DEL	11,800	$249	0.1%	$18.26	—	COM UNITS LP	48248m102
—	PINNACLE FINL PARTNERS	3,361	$223	0.1%	$69.32	—	COM	72346q104
PM	PHILIP MORRIS INTL INC	2,115	$223	0.1%	$65.59	+6.1%	COM	718172109