NFC Investments, LLC Long-Term Concentrated

Location: Memphis, TN

CIK: 0001512858 · Show all filings

Period: Q1 2022 (← Previous) (Next →)

Filing Date: May 16, 2022

Total Value: $446M (100.0% shares, 0.0% debt)

Holdings (38)

— ARCHAEA ENERGY INC 12.9%

Value $57.44M Shares 2,619,178 Est. Cost $18.94 Unrealized —

DAR DARLING INGREDIENTS INC 9.0%

Value $40.13M Shares 499,285 Est. Cost $18.72 Unrealized +272.0%

APO APOLLO GLOBAL MGMT INC 8.5%

Value $37.75M Shares 608,902 Est. Cost $61.02 Unrealized 0.0%

MTG MGIC INVESTMENT CORP 7.8%

Value $34.98M Shares 2,581,632 Est. Cost $8.81 Unrealized +70.2%

— ENSTAR GROUP LIMITED 6.8%

Value $30.56M Shares 117,013 Est. Cost $159.53 Unrealized —

— ALPHABET INC CAP STK 5.4%

Value $24M Shares 8,591 Est. Cost $1047.49 Unrealized —

AZO AUTOZONE INC 5.1%

Value $22.69M Shares 11,096 Est. Cost $629.40 Unrealized +210.5%

TFIN TRIUMPH BANCORP INC 4.9%

Value $22.03M Shares 234,308 Est. Cost $27.97 Unrealized +251.9%

LBRDK LIBERTY BROADBAND CORP 4.0%

Value $17.69M Shares 130,744 Est. Cost $71.58 Unrealized +90.5%

AIG AMERICAN INTL GROUP INC 3.9%

Value $17.34M Shares 276,199 Est. Cost $36.24 Unrealized +51.9%

STWD STARWOOD PPTY TR INC 3.9%

Value $17.25M Shares 713,680 Est. Cost $23.37 Unrealized —

PGR PROGRESSIVE CORP OHIO 3.3%

Value $14.53M Shares 127,490 Est. Cost $65.32 Unrealized +50.8%

— COMCAST CORP NEW 2.9%

Value $13.12M Shares 280,150 Est. Cost $34.59 Unrealized —

AXP AMERICAN EXPRESS CO 2.9%

Value $12.88M Shares 68,862 Est. Cost $107.60 Unrealized +59.7%

— BRIGHAM MINERALS INC 2.5%

Value $10.95M Shares 428,360 Est. Cost $14.92 Unrealized —

ORI OLD REP INTL CORP 2.2%

Value $9.621M Shares 371,915 Est. Cost $7.98 Unrealized +141.4%

LEN/B LENNAR CORP 2.1%

Value $9.254M Shares 135,396 Est. Cost $73.65 Unrealized -6.4%

ESNT ESSENT GROUP LTD 1.6%

Value $7.224M Shares 175,290 Est. Cost $29.41 Unrealized +40.8%

— RICE ACQUISITION CORP II 1.4%

Value $6.233M Shares 632,180 Est. Cost $9.86 Unrealized —

— LIVE OAK CRESTVIEW CLIMATE A 1.3%

Value $5.941M Shares 606,793 Est. Cost $9.81 Unrealized —

— STORE CAP CORP 1.2%

Value $5.431M Shares 185,795 Est. Cost $23.60 Unrealized —

AGO ASSURED GUARANTY LTD 1.1%

Value $5.093M Shares 80,000 Est. Cost $25.15 Unrealized +115.1%

— VERISIGN INC 1.1%

Value $5.081M Shares 22,840 Est. Cost $180.09 Unrealized —

EG EVEREST RE GROUP LTD 1.1%

Value $4.822M Shares 16,000 Est. Cost $163.02 Unrealized +64.1%

HIG HARTFORD FINL SVCS CORP 0.6%

Value $2.513M Shares 35,000 Est. Cost $60.45 Unrealized +7.9%

— TRAVELERS GROUP INC 0.5%

Value $2.375M Shares 13,000 Est. Cost $108.15 Unrealized —

UPBD RENT A CTR INC NEW 0.3%

Value $1.552M Shares 61,598 Est. Cost $50.01 Unrealized -27.7%

— ADAMS DIVERSIFIED EQUITY FD 0.3%

Value $1.475M Shares 80,000 Est. Cost $15.63 Unrealized —

BRK/B BERKSHIRE HATHAWAY INC 0.3%

Value $1.433M Shares 4,061 Est. Cost $126.98 Unrealized +154.7%

HOMB HOME BANCSHARES INC 0.2%

Value $904K Shares 40,000 Est. Cost $18.63 Unrealized +27.0%

KO COCA COLA CO 0.2%

Value $816K Shares 13,164 Est. Cost $28.30 Unrealized +91.0%

AAPL APPLE INC 0.2%

Value $701K Shares 4,017 Est. Cost $100.85 Unrealized +63.4%

MSFT MICROSOFT CORP 0.1%

Value $608K Shares 1,972 Est. Cost $140.49 Unrealized +107.4%

NMIH NMI HOLDINGS INC 0.1%

Value $566K Shares 27,460 Est. Cost $26.45 Unrealized -11.7%

FHN FIRST HORIZON NATL CORP 0.1%

Value $470K Shares 19,995 Est. Cost $7.68 Unrealized +126.4%

RF REGIONS FINANCIAL CORP 0.1%

Value $428K Shares 19,235 Est. Cost $5.80 Unrealized +243.1%

— RICE ACQUISITION CORP II 0.1%

Value $346K Shares 34,585 Est. Cost $10.23 Unrealized —

— PINNACLE FINL PARTNERS 0.0%

Value $212K Shares 2,300 Est. Cost $88.70 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ARCHAEA ENERGY INC	2,619,178	$57.44M	12.9%	$18.94	—	COM CL A	03940f103
DAR	DARLING INGREDIENTS INC	499,285	$40.13M	9.0%	$18.72	+272.0%	COM	237266101
APO	APOLLO GLOBAL MGMT INC	608,902	$37.75M	8.5%	$61.02	0.0%	COM	03769M106
MTG	MGIC INVESTMENT CORP	2,581,632	$34.98M	7.8%	$8.81	+70.2%	CORP	552848103
—	ENSTAR GROUP LIMITED	117,013	$30.56M	6.8%	$159.53	—	SHS	G3075p101
—	ALPHABET INC CAP STK	8,591	$24M	5.4%	$1047.49	—	CL A	02079k107
AZO	AUTOZONE INC	11,096	$22.69M	5.1%	$629.40	+210.5%	COM	053332102
TFIN	TRIUMPH BANCORP INC	234,308	$22.03M	4.9%	$27.97	+251.9%	COM	89679E300
LBRDK	LIBERTY BROADBAND CORP	130,744	$17.69M	4.0%	$71.58	+90.5%	COM SER C	530307305
AIG	AMERICAN INTL GROUP INC	276,199	$17.34M	3.9%	$36.24	+51.9%	COM	026874784
STWD	STARWOOD PPTY TR INC	713,680	$17.25M	3.9%	$23.37	—	COM	85571B105
PGR	PROGRESSIVE CORP OHIO	127,490	$14.53M	3.3%	$65.32	+50.8%	COM	743315103
—	COMCAST CORP NEW	280,150	$13.12M	2.9%	$34.59	—	CL A	20030n101
AXP	AMERICAN EXPRESS CO	68,862	$12.88M	2.9%	$107.60	+59.7%	COM	025816109
—	BRIGHAM MINERALS INC	428,360	$10.95M	2.5%	$14.92	—	COM CL A	10918L103
ORI	OLD REP INTL CORP	371,915	$9.621M	2.2%	$7.98	+141.4%	COM	680223104
LEN/B	LENNAR CORP	135,396	$9.254M	2.1%	$73.65	-6.4%	CL B	526057302
ESNT	ESSENT GROUP LTD	175,290	$7.224M	1.6%	$29.41	+40.8%	COM	G3198U102
—	RICE ACQUISITION CORP II	632,180	$6.233M	1.4%	$9.86	—	CL A	G75529100
—	LIVE OAK CRESTVIEW CLIMATE A	606,793	$5.941M	1.3%	$9.81	—	UNIT 99/99/9999	538086208
—	STORE CAP CORP	185,795	$5.431M	1.2%	$23.60	—	COM	862121100
AGO	ASSURED GUARANTY LTD	80,000	$5.093M	1.1%	$25.15	+115.1%	COM	G0585R106
—	VERISIGN INC	22,840	$5.081M	1.1%	$180.09	—	COM	94343E102
EG	EVEREST RE GROUP LTD	16,000	$4.822M	1.1%	$163.02	+64.1%	COM	G3223R108
HIG	HARTFORD FINL SVCS CORP	35,000	$2.513M	0.6%	$60.45	+7.9%	COM	416515104
—	TRAVELERS GROUP INC	13,000	$2.375M	0.5%	$108.15	—	COM	894190107
UPBD	RENT A CTR INC NEW	61,598	$1.552M	0.3%	$50.01	-27.7%	COM	76009N100
—	ADAMS DIVERSIFIED EQUITY FD	80,000	$1.475M	0.3%	$15.63	—	COM	006212104
BRK/B	BERKSHIRE HATHAWAY INC	4,061	$1.433M	0.3%	$126.98	+154.7%	CL B	084670702
HOMB	HOME BANCSHARES INC	40,000	$904K	0.2%	$18.63	+27.0%	COM	436893200
KO	COCA COLA CO	13,164	$816K	0.2%	$28.30	+91.0%	COM	191216100
AAPL	APPLE INC	4,017	$701K	0.2%	$100.85	+63.4%	COM	037833100
MSFT	MICROSOFT CORP	1,972	$608K	0.1%	$140.49	+107.4%	CORP	594918104
NMIH	NMI HOLDINGS INC	27,460	$566K	0.1%	$26.45	-11.7%	CL A	629209305
FHN	FIRST HORIZON NATL CORP	19,995	$470K	0.1%	$7.68	+126.4%	COM	320517105
RF	REGIONS FINANCIAL CORP	19,235	$428K	0.1%	$5.80	+243.1%	COM	7591EP100
—	RICE ACQUISITION CORP II	34,585	$346K	0.1%	$10.23	—	UNIT 99/99/9999	G75529118
—	PINNACLE FINL PARTNERS	2,300	$212K	0.0%	$88.70	—	COM	72346Q104