NFC Investments, LLC Long-Term Concentrated

Location: Memphis, TN

CIK: 0001512858 · Show all filings

Period: Q4 2024 (← Previous) (Next →)

Filing Date: Feb 10, 2025

Total Value: $362M

Holdings (37)

APO APOLLO GLOBAL MGMT INC 14.1%

Value $50.94M Shares 308,403 Est. Cost $61.07 Unrealized +155.4%

MTG MGIC INVESTMENT CORP 12.4%

Value $44.94M Shares 1,895,198 Est. Cost $8.81 Unrealized +183.6%

WEST WESTROCK COFFEE CO 7.2%

Value $25.98M Shares 4,047,562 Est. Cost $10.46 Unrealized -34.4%

— ALPHABET INC CAP STK 6.2%

Value $22.45M Shares 117,881 Est. Cost $141.32 Unrealized —

— ENSTAR GROUP LIMITED 5.8%

Value $21.1M Shares 65,514 Est. Cost $159.53 Unrealized —

PGR PROGRESSIVE CORP OHIO 5.8%

Value $21.02M Shares 87,733 Est. Cost $66.11 Unrealized +250.9%

AZO AUTOZONE INC 5.5%

Value $19.86M Shares 6,203 Est. Cost $629.40 Unrealized +403.1%

DAR DARLING INGREDIENTS INC 4.4%

Value $16.04M Shares 476,026 Est. Cost $28.10 Unrealized +34.5%

LEN/B LENNAR CORP 4.4%

Value $15.96M Shares 120,770 Est. Cost $86.85 Unrealized +69.3%

AXP AMERICAN EXPRESS CO 3.5%

Value $12.56M Shares 42,325 Est. Cost $108.90 Unrealized +160.4%

TFIN TRIUMPH FINANCIAL INC 3.4%

Value $12.31M Shares 135,405 Est. Cost $28.80 Unrealized +223.0%

STWD STARWOOD PPTY TR INC 3.3%

Value $12.1M Shares 638,310 Est. Cost $21.94 Unrealized —

EG EVEREST RE GROUP LTD 3.0%

Value $11.02M Shares 30,410 Est. Cost $263.59 Unrealized +40.0%

FHN FIRST HORIZON NATL CORP 2.8%

Value $9.993M Shares 496,175 Est. Cost $11.98 Unrealized +51.7%

— SITIO ROYALTIES CORP 2.1%

Value $7.587M Shares 395,564 Est. Cost $26.94 Unrealized —

AIG AMERICAN INTL GROUP INC 2.1%

Value $7.508M Shares 103,138 Est. Cost $36.24 Unrealized +102.2%

ORI OLD REP INTL CORP 1.9%

Value $6.992M Shares 193,200 Est. Cost $7.98 Unrealized +294.1%

— ENERGY TRANSFER L P 1.7%

Value $6.053M Shares 309,000 Est. Cost $18.97 Unrealized —

RRC RANGE RES CORP 1.5%

Value $5.379M Shares 149,507 Est. Cost $33.07 Unrealized 0.0%

— KINDER MORGAN INC DEL 1.4%

Value $5.002M Shares 182,559 Est. Cost $19.97 Unrealized —

HIG HARTFORD FINL SVCS CORP 1.1%

Value $3.829M Shares 35,000 Est. Cost $60.45 Unrealized +88.1%

EQH EQUITABLE HOLDINGS INC 1.0%

Value $3.538M Shares 75,000 Est. Cost $45.08 Unrealized 0.0%

FIHL FIDELIS INSURANCE HOLDINGS LTD 0.9%

Value $3.309M Shares 182,500 Est. Cost $18.27 Unrealized 0.0%

RWT REDWOOD TRUST INC 0.9%

Value $3.229M Shares 494,525 Est. Cost $7.17 Unrealized —

— TRAVELERS GROUP INC 0.9%

Value $3.132M Shares 13,000 Est. Cost $108.15 Unrealized —

ESNT ESSENT GROUP LTD 0.9%

Value $3.086M Shares 56,688 Est. Cost $29.41 Unrealized +94.6%

ARLP ALLIANCE RESOURCE PARTNERS L 0.5%

Value $1.835M Shares 69,800 Est. Cost $21.03 Unrealized —

NMIH NMI HOLDINGS INC 0.2%

Value $890K Shares 24,210 Est. Cost $26.45 Unrealized +46.9%

KO COCA COLA CO 0.2%

Value $813K Shares 13,064 Est. Cost $28.30 Unrealized +122.9%

KKR KKR & CO INC 0.2%

Value $760K Shares 5,140 Est. Cost $90.96 Unrealized +60.3%

MSFT MICROSOFT CORP 0.2%

Value $632K Shares 1,500 Est. Cost $140.49 Unrealized +200.6%

BRK/B BERKSHIRE HATHAWAY INC 0.1%

Value $538K Shares 1,186 Est. Cost $186.83 Unrealized +147.1%

AAPL APPLE INC 0.1%

Value $526K Shares 2,100 Est. Cost $100.85 Unrealized +132.5%

— TIPTREE INC 0.1%

Value $458K Shares 21,946 Est. Cost $14.11 Unrealized —

RF REGIONS FINANCIAL CORP 0.1%

Value $452K Shares 19,235 Est. Cost $5.80 Unrealized +306.0%

HOMB HOME BANCSHARES INC 0.1%

Value $283K Shares 10,000 Est. Cost $18.63 Unrealized +55.0%

— NVIDIA CORP 0.1%

Value $270K Shares 2,014 Est. Cost $123.63 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
APO	APOLLO GLOBAL MGMT INC	308,403	$50.94M	14.1%	$61.07	+155.4%	—	03769M106
MTG	MGIC INVESTMENT CORP	1,895,198	$44.94M	12.4%	$8.81	+183.6%	—	552848103
WEST	WESTROCK COFFEE CO	4,047,562	$25.98M	7.2%	$10.46	-34.4%	—	96145W103
—	ALPHABET INC CAP STK	117,881	$22.45M	6.2%	$141.32	—	—	02079k107
—	ENSTAR GROUP LIMITED	65,514	$21.1M	5.8%	$159.53	—	—	G3075p101
PGR	PROGRESSIVE CORP OHIO	87,733	$21.02M	5.8%	$66.11	+250.9%	—	743315103
AZO	AUTOZONE INC	6,203	$19.86M	5.5%	$629.40	+403.1%	—	053332102
DAR	DARLING INGREDIENTS INC	476,026	$16.04M	4.4%	$28.10	+34.5%	—	237266101
LEN/B	LENNAR CORP	120,770	$15.96M	4.4%	$86.85	+69.3%	—	526057302
AXP	AMERICAN EXPRESS CO	42,325	$12.56M	3.5%	$108.90	+160.4%	—	025816109
TFIN	TRIUMPH FINANCIAL INC	135,405	$12.31M	3.4%	$28.80	+223.0%	—	89679E300
STWD	STARWOOD PPTY TR INC	638,310	$12.1M	3.3%	$21.94	—	—	85571B105
EG	EVEREST RE GROUP LTD	30,410	$11.02M	3.0%	$263.59	+40.0%	—	G3223R108
FHN	FIRST HORIZON NATL CORP	496,175	$9.993M	2.8%	$11.98	+51.7%	—	320517105
—	SITIO ROYALTIES CORP	395,564	$7.587M	2.1%	$26.94	—	—	82983n108
AIG	AMERICAN INTL GROUP INC	103,138	$7.508M	2.1%	$36.24	+102.2%	—	026874784
ORI	OLD REP INTL CORP	193,200	$6.992M	1.9%	$7.98	+294.1%	—	680223104
—	ENERGY TRANSFER L P	309,000	$6.053M	1.7%	$18.97	—	—	29273v100
RRC	RANGE RES CORP	149,507	$5.379M	1.5%	$33.07	0.0%	—	75281A109
—	KINDER MORGAN INC DEL	182,559	$5.002M	1.4%	$19.97	—	—	49456b101
HIG	HARTFORD FINL SVCS CORP	35,000	$3.829M	1.1%	$60.45	+88.1%	—	416515104
EQH	EQUITABLE HOLDINGS INC	75,000	$3.538M	1.0%	$45.08	0.0%	—	29452E101
FIHL	FIDELIS INSURANCE HOLDINGS LTD	182,500	$3.309M	0.9%	$18.27	0.0%	—	G3398L118
RWT	REDWOOD TRUST INC	494,525	$3.229M	0.9%	$7.17	—	—	758075402
—	TRAVELERS GROUP INC	13,000	$3.132M	0.9%	$108.15	—	—	894190107
ESNT	ESSENT GROUP LTD	56,688	$3.086M	0.9%	$29.41	+94.6%	—	G3198U102
ARLP	ALLIANCE RESOURCE PARTNERS L	69,800	$1.835M	0.5%	$21.03	—	—	01877R108
NMIH	NMI HOLDINGS INC	24,210	$890K	0.2%	$26.45	+46.9%	—	629209305
KO	COCA COLA CO	13,064	$813K	0.2%	$28.30	+122.9%	—	191216100
KKR	KKR & CO INC	5,140	$760K	0.2%	$90.96	+60.3%	—	48251W104
MSFT	MICROSOFT CORP	1,500	$632K	0.2%	$140.49	+200.6%	—	594918104
BRK/B	BERKSHIRE HATHAWAY INC	1,186	$538K	0.1%	$186.83	+147.1%	—	084670702
AAPL	APPLE INC	2,100	$526K	0.1%	$100.85	+132.5%	—	037833100
—	TIPTREE INC	21,946	$458K	0.1%	$14.11	—	—	88822q103
RF	REGIONS FINANCIAL CORP	19,235	$452K	0.1%	$5.80	+306.0%	—	7591EP100
HOMB	HOME BANCSHARES INC	10,000	$283K	0.1%	$18.63	+55.0%	—	436893200
—	NVIDIA CORP	2,014	$270K	0.1%	$123.63	—	—	67066g104