NFC Investments, LLC Long-Term Concentrated

Location: Memphis, TN

CIK: 0001512858 · Show all filings

Period: Q1 2026 (← Previous) (Next →)

Filing Date: May 12, 2026

Total Value: $359M

Holdings (41)

MTG MGIC INVESTMENT CORP 12.9%

Value $46.37M Shares 1,766,601 Est. Cost $8.98 Unrealized +201.1%

APO APOLLO GLOBAL MGMT INC 9.4%

Value $33.77M Shares 303,051 Est. Cost $65.51 Unrealized +103.6%

DAR DARLING INGREDIENTS INC 7.7%

Value $27.81M Shares 449,690 Est. Cost $28.45 Unrealized +59.0%

— ALPHABET INC CAP STK 7.2%

Value $26.03M Shares 90,732 Est. Cost $142.88 Unrealized —

PGR PROGRESSIVE CORP OHIO 7.2%

Value $25.7M Shares 129,641 Est. Cost $120.01 Unrealized +72.2%

AZO AUTOZONE INC 5.3%

Value $19M Shares 5,624 Est. Cost $701.66 Unrealized +416.6%

FIHL FIDELIS INSURANCE HOLDINGS LTD 4.9%

Value $17.51M Shares 916,412 Est. Cost $17.77 Unrealized +8.3%

— TARGA RES CORP 4.6%

Value $16.67M Shares 66,501 Est. Cost $171.76 Unrealized —

WEST WESTROCK COFFEE CO 4.2%

Value $15M Shares 3,529,748 Est. Cost $10.37 Unrealized -54.8%

RRC RANGE RES CORP 3.3%

Value $11.97M Shares 264,958 Est. Cost $35.54 Unrealized +1.7%

STWD STARWOOD PPTY TR INC 3.2%

Value $11.58M Shares 672,514 Est. Cost $21.70 Unrealized —

AXP AMERICAN EXPRESS CO 3.2%

Value $11.55M Shares 38,130 Est. Cost $114.87 Unrealized +210.1%

TOL TOLL BROTHERS INC 3.0%

Value $10.8M Shares 79,138 Est. Cost $149.96 Unrealized 0.0%

EG EVEREST RE GROUP LTD 2.7%

Value $9.519M Shares 29,123 Est. Cost $263.59 Unrealized +25.7%

— ENERGY TRANSFER L P 2.6%

Value $9.221M Shares 477,757 Est. Cost $18.70 Unrealized —

COF CAPITAL ONE FINANCIAL CORP 2.3%

Value $8.213M Shares 45,019 Est. Cost $223.24 Unrealized 0.0%

UHAL/B U HAUL HOLDING COMPANY 2.2%

Value $7.968M Shares 178,373 Est. Cost $48.83 Unrealized +1.3%

TFIN TRIUMPH FINANCIAL INC 2.1%

Value $7.609M Shares 127,533 Est. Cost $30.19 Unrealized +117.0%

— KINDER MORGAN INC DEL 2.0%

Value $7.127M Shares 212,550 Est. Cost $21.68 Unrealized —

ORI OLD REP INTL CORP 1.7%

Value $6.115M Shares 153,250 Est. Cost $7.98 Unrealized +420.6%

VNOM VIPER ENERGY INC 1.6%

Value $5.758M Shares 122,530 Est. Cost $38.10 Unrealized +7.6%

HIG HARTFORD FINL SVCS CORP 1.3%

Value $4.733M Shares 35,000 Est. Cost $60.45 Unrealized +126.2%

— TRAVELERS GROUP INC 1.1%

Value $3.792M Shares 13,000 Est. Cost $108.15 Unrealized —

ESNT ESSENT GROUP LTD 0.8%

Value $2.871M Shares 49,133 Est. Cost $29.75 Unrealized +110.3%

RWT REDWOOD TRUST INC 0.7%

Value $2.661M Shares 474,494 Est. Cost $7.00 Unrealized —

ARLP ALLIANCE RESOURCE PARTNERS L 0.5%

Value $1.816M Shares 65,700 Est. Cost $21.03 Unrealized —

FHN FIRST HORIZON NATIONAL CORP 0.4%

Value $1.377M Shares 60,520 Est. Cost $24.31 Unrealized +1.6%

KO COCA COLA CO 0.3%

Value $951K Shares 12,500 Est. Cost $28.30 Unrealized +164.2%

MRP MILLROSE PPTYS INC 0.2%

Value $868K Shares 30,992 Est. Cost $26.96 Unrealized —

NMIH NMI HOLDINGS INC 0.2%

Value $623K Shares 16,620 Est. Cost $26.45 Unrealized +48.6%

BRK/B BERKSHIRE HATHAWAY INC 0.2%

Value $563K Shares 1,176 Est. Cost $273.36 Unrealized +80.5%

RF REGIONS FINANCIAL CORP 0.1%

Value $502K Shares 19,235 Est. Cost $5.80 Unrealized +400.1%

MSFT MICROSOFT CORP 0.1%

Value $457K Shares 1,234 Est. Cost $140.49 Unrealized +209.4%

— KKR & CO INC 0.1%

Value $439K Shares 4,750 Est. Cost $129.96 Unrealized —

BAC BANK OF AMERICA CORP 0.1%

Value $407K Shares 8,347 Est. Cost $53.66 Unrealized 0.0%

— FEDEX CORP 0.1%

Value $384K Shares 1,077 Est. Cost $235.79 Unrealized —

AAPL APPLE INC 0.1%

Value $366K Shares 1,440 Est. Cost $100.85 Unrealized +160.6%

— ALPHABET INC CAP STK 0.1%

Value $268K Shares 930 Est. Cost $243.01 Unrealized —

— INVESCO QQQ TR 0.1%

Value $260K Shares 450 Est. Cost $600.00 Unrealized —

PNFP PINNACLE FINL PARTNERS 0.1%

Value $260K Shares 3,014 Est. Cost $97.40 Unrealized 0.0%

MGK VANGUARD WORLD FD 0.1%

Value $259K Shares 704 Est. Cost $401.99 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MTG	MGIC INVESTMENT CORP	1,766,601	$46.37M	12.9%	$8.98	+201.1%	—	552848103
APO	APOLLO GLOBAL MGMT INC	303,051	$33.77M	9.4%	$65.51	+103.6%	—	03769M106
DAR	DARLING INGREDIENTS INC	449,690	$27.81M	7.7%	$28.45	+59.0%	—	237266101
—	ALPHABET INC CAP STK	90,732	$26.03M	7.2%	$142.88	—	—	02079k107
PGR	PROGRESSIVE CORP OHIO	129,641	$25.7M	7.2%	$120.01	+72.2%	—	743315103
AZO	AUTOZONE INC	5,624	$19M	5.3%	$701.66	+416.6%	—	053332102
FIHL	FIDELIS INSURANCE HOLDINGS LTD	916,412	$17.51M	4.9%	$17.77	+8.3%	—	G3398L118
—	TARGA RES CORP	66,501	$16.67M	4.6%	$171.76	—	—	87612g101
WEST	WESTROCK COFFEE CO	3,529,748	$15M	4.2%	$10.37	-54.8%	—	96145W103
RRC	RANGE RES CORP	264,958	$11.97M	3.3%	$35.54	+1.7%	—	75281A109
STWD	STARWOOD PPTY TR INC	672,514	$11.58M	3.2%	$21.70	—	—	85571B105
AXP	AMERICAN EXPRESS CO	38,130	$11.55M	3.2%	$114.87	+210.1%	—	025816109
TOL	TOLL BROTHERS INC	79,138	$10.8M	3.0%	$149.96	0.0%	—	889478103
EG	EVEREST RE GROUP LTD	29,123	$9.519M	2.7%	$263.59	+25.7%	—	G3223R108
—	ENERGY TRANSFER L P	477,757	$9.221M	2.6%	$18.70	—	—	29273v100
COF	CAPITAL ONE FINANCIAL CORP	45,019	$8.213M	2.3%	$223.24	0.0%	—	14040H105
UHAL/B	U HAUL HOLDING COMPANY	178,373	$7.968M	2.2%	$48.83	+1.3%	—	023586506
TFIN	TRIUMPH FINANCIAL INC	127,533	$7.609M	2.1%	$30.19	+117.0%	—	89679E300
—	KINDER MORGAN INC DEL	212,550	$7.127M	2.0%	$21.68	—	—	49456b101
ORI	OLD REP INTL CORP	153,250	$6.115M	1.7%	$7.98	+420.6%	—	680223104
VNOM	VIPER ENERGY INC	122,530	$5.758M	1.6%	$38.10	+7.6%	—	64361Q101
HIG	HARTFORD FINL SVCS CORP	35,000	$4.733M	1.3%	$60.45	+126.2%	—	416515104
—	TRAVELERS GROUP INC	13,000	$3.792M	1.1%	$108.15	—	—	894190107
ESNT	ESSENT GROUP LTD	49,133	$2.871M	0.8%	$29.75	+110.3%	—	G3198U102
RWT	REDWOOD TRUST INC	474,494	$2.661M	0.7%	$7.00	—	—	758075402
ARLP	ALLIANCE RESOURCE PARTNERS L	65,700	$1.816M	0.5%	$21.03	—	—	01877R108
FHN	FIRST HORIZON NATIONAL CORP	60,520	$1.377M	0.4%	$24.31	+1.6%	—	320517105
KO	COCA COLA CO	12,500	$951K	0.3%	$28.30	+164.2%	—	191216100
MRP	MILLROSE PPTYS INC	30,992	$868K	0.2%	$26.96	—	—	601137102
NMIH	NMI HOLDINGS INC	16,620	$623K	0.2%	$26.45	+48.6%	—	629209305
BRK/B	BERKSHIRE HATHAWAY INC	1,176	$563K	0.2%	$273.36	+80.5%	—	084670702
RF	REGIONS FINANCIAL CORP	19,235	$502K	0.1%	$5.80	+400.1%	—	7591EP100
MSFT	MICROSOFT CORP	1,234	$457K	0.1%	$140.49	+209.4%	—	594918104
—	KKR & CO INC	4,750	$439K	0.1%	$129.96	—	—	48251w104
BAC	BANK OF AMERICA CORP	8,347	$407K	0.1%	$53.66	0.0%	—	060505104
—	FEDEX CORP	1,077	$384K	0.1%	$235.79	—	—	31428x106
AAPL	APPLE INC	1,440	$366K	0.1%	$100.85	+160.6%	—	037833100
—	ALPHABET INC CAP STK	930	$268K	0.1%	$243.01	—	—	02079k305
—	INVESCO QQQ TR	450	$260K	0.1%	$600.00	—	—	46090e103
PNFP	PINNACLE FINL PARTNERS	3,014	$260K	0.1%	$97.40	0.0%	—	72348N109
MGK	VANGUARD WORLD FD	704	$259K	0.1%	$401.99	—	—	921910816