NFC Investments, LLC Long-Term Concentrated

Location: Memphis, TN

CIK: 0001512858 · Show all filings

Period: Q4 2023 (← Previous) (Next →)

Filing Date: Feb 9, 2024

Total Value: $323M

Holdings (31)

APO APOLLO GLOBAL MGMT INC 12.1%

Value $39.08M Shares 419,351 Est. Cost $61.07 Unrealized +40.1%

MTG MGIC INVESTMENT CORP 11.5%

Value $37.18M Shares 1,927,591 Est. Cost $8.81 Unrealized +101.0%

WEST WESTROCK COFFEE CO 11.0%

Value $35.42M Shares 3,468,708 Est. Cost $10.74 Unrealized -16.7%

— ENSTAR GROUP LIMITED 8.0%

Value $25.72M Shares 87,378 Est. Cost $159.53 Unrealized —

DAR DARLING INGREDIENTS INC 7.0%

Value $22.47M Shares 450,893 Est. Cost $27.30 Unrealized +66.3%

— ALPHABET INC CAP STK 5.3%

Value $16.98M Shares 120,505 Est. Cost $141.32 Unrealized —

AZO AUTOZONE INC 5.0%

Value $16.16M Shares 6,252 Est. Cost $629.40 Unrealized +312.1%

PGR PROGRESSIVE CORP OHIO 4.3%

Value $14.02M Shares 88,018 Est. Cost $66.11 Unrealized +116.8%

STWD STARWOOD PPTY TR INC 4.1%

Value $13.24M Shares 629,741 Est. Cost $22.01 Unrealized —

LEN/B LENNAR CORP 3.9%

Value $12.47M Shares 93,013 Est. Cost $67.50 Unrealized +54.9%

TFIN TRIUMPH FINANCIAL INC 3.4%

Value $11.09M Shares 138,330 Est. Cost $28.80 Unrealized +135.0%

EG EVEREST RE GROUP LTD 3.3%

Value $10.8M Shares 30,543 Est. Cost $263.59 Unrealized +42.0%

LBRDK LIBERTY BROADBAND CORP 3.2%

Value $10.32M Shares 128,067 Est. Cost $81.87 Unrealized -4.0%

— SITIO ROYALTIES CORP 2.9%

Value $9.335M Shares 397,084 Est. Cost $26.94 Unrealized —

AXP AMERICAN EXPRESS CO 2.5%

Value $7.976M Shares 42,577 Est. Cost $108.90 Unrealized +44.2%

— COMCAST CORP NEW 2.4%

Value $7.714M Shares 175,912 Est. Cost $34.63 Unrealized —

FHN FIRST HORIZON NATL CORP 2.2%

Value $7.079M Shares 499,900 Est. Cost $11.98 Unrealized -6.7%

AIG AMERICAN INTL GROUP INC 2.1%

Value $6.94M Shares 102,438 Est. Cost $36.24 Unrealized +67.8%

ORI OLD REP INTL CORP 1.8%

Value $5.736M Shares 195,115 Est. Cost $7.98 Unrealized +194.1%

ESNT ESSENT GROUP LTD 0.9%

Value $2.976M Shares 56,420 Est. Cost $29.41 Unrealized +60.8%

HIG HARTFORD FINL SVCS CORP 0.9%

Value $2.813M Shares 35,000 Est. Cost $60.45 Unrealized +19.9%

— TRAVELERS GROUP INC 0.8%

Value $2.476M Shares 13,000 Est. Cost $108.15 Unrealized —

ARLP ALLIANCE RESOURCE PARTNERS L 0.3%

Value $1.123M Shares 53,000 Est. Cost $21.19 Unrealized —

KO COCA COLA CO 0.2%

Value $776K Shares 13,164 Est. Cost $28.30 Unrealized +88.2%

NMIH NMI HOLDINGS INC 0.2%

Value $762K Shares 25,660 Est. Cost $26.45 Unrealized +5.6%

AAPL APPLE INC 0.2%

Value $607K Shares 3,151 Est. Cost $100.85 Unrealized +81.3%

MSFT MICROSOFT CORP 0.2%

Value $574K Shares 1,525 Est. Cost $140.49 Unrealized +149.4%

BRK/B BERKSHIRE HATHAWAY INC 0.1%

Value $423K Shares 1,186 Est. Cost $186.83 Unrealized +87.9%

— TIPTREE INC 0.1%

Value $416K Shares 21,946 Est. Cost $14.11 Unrealized —

RF REGIONS FINANCIAL CORP 0.1%

Value $373K Shares 19,235 Est. Cost $5.80 Unrealized +159.6%

HOMB HOME BANCSHARES INC 0.1%

Value $256K Shares 10,110 Est. Cost $18.63 Unrealized +19.7%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	419,351	$39.08M	12.1%	$61.07	+40.1%	—	03769M106
MTG	MGIC INVESTMENT CORP	1,927,591	$37.18M	11.5%	$8.81	+101.0%	—	552848103
WEST	WESTROCK COFFEE CO	3,468,708	$35.42M	11.0%	$10.74	-16.7%	—	96145W103
—	ENSTAR GROUP LIMITED	87,378	$25.72M	8.0%	$159.53	—	—	G3075p101
DAR	DARLING INGREDIENTS INC	450,893	$22.47M	7.0%	$27.30	+66.3%	—	237266101
—	ALPHABET INC CAP STK	120,505	$16.98M	5.3%	$141.32	—	—	02079k107
AZO	AUTOZONE INC	6,252	$16.16M	5.0%	$629.40	+312.1%	—	053332102
PGR	PROGRESSIVE CORP OHIO	88,018	$14.02M	4.3%	$66.11	+116.8%	—	743315103
STWD	STARWOOD PPTY TR INC	629,741	$13.24M	4.1%	$22.01	—	—	85571B105
LEN/B	LENNAR CORP	93,013	$12.47M	3.9%	$67.50	+54.9%	—	526057302
TFIN	TRIUMPH FINANCIAL INC	138,330	$11.09M	3.4%	$28.80	+135.0%	—	89679E300
EG	EVEREST RE GROUP LTD	30,543	$10.8M	3.3%	$263.59	+42.0%	—	G3223R108
LBRDK	LIBERTY BROADBAND CORP	128,067	$10.32M	3.2%	$81.87	-4.0%	—	530307305
—	SITIO ROYALTIES CORP	397,084	$9.335M	2.9%	$26.94	—	—	82983n108
AXP	AMERICAN EXPRESS CO	42,577	$7.976M	2.5%	$108.90	+44.2%	—	025816109
—	COMCAST CORP NEW	175,912	$7.714M	2.4%	$34.63	—	—	20030n101
FHN	FIRST HORIZON NATL CORP	499,900	$7.079M	2.2%	$11.98	-6.7%	—	320517105
AIG	AMERICAN INTL GROUP INC	102,438	$6.94M	2.1%	$36.24	+67.8%	—	026874784
ORI	OLD REP INTL CORP	195,115	$5.736M	1.8%	$7.98	+194.1%	—	680223104
ESNT	ESSENT GROUP LTD	56,420	$2.976M	0.9%	$29.41	+60.8%	—	G3198U102
HIG	HARTFORD FINL SVCS CORP	35,000	$2.813M	0.9%	$60.45	+19.9%	—	416515104
—	TRAVELERS GROUP INC	13,000	$2.476M	0.8%	$108.15	—	—	894190107
ARLP	ALLIANCE RESOURCE PARTNERS L	53,000	$1.123M	0.3%	$21.19	—	—	01877R108
KO	COCA COLA CO	13,164	$776K	0.2%	$28.30	+88.2%	—	191216100
NMIH	NMI HOLDINGS INC	25,660	$762K	0.2%	$26.45	+5.6%	—	629209305
AAPL	APPLE INC	3,151	$607K	0.2%	$100.85	+81.3%	—	037833100
MSFT	MICROSOFT CORP	1,525	$574K	0.2%	$140.49	+149.4%	—	594918104
BRK/B	BERKSHIRE HATHAWAY INC	1,186	$423K	0.1%	$186.83	+87.9%	—	084670702
—	TIPTREE INC	21,946	$416K	0.1%	$14.11	—	—	88822q103
RF	REGIONS FINANCIAL CORP	19,235	$373K	0.1%	$5.80	+159.6%	—	7591EP100
HOMB	HOME BANCSHARES INC	10,110	$256K	0.1%	$18.63	+19.7%	—	436893200