Filed: 8/14/2025ACC: 0001214659-25-012175
📋 What this filing means
NORTH REEF CAPITAL MANAGEMENT LP filed this quarterly 13F‑HR report disclosing 40 equity positions with a total reported market value of $2.26B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
40
Positions
$2.26B
Total AUM (reported)
65.20M
Total Shares
Allocation by class
COM$1.76B77.8%
COM NEW$383.68M17.0%
COM CL A$55.84M2.5%
CLASS A COM$37.90M1.7%
COM VTG$12.87M0.6%
COM SHS$8.24M0.4%
CL A$2.48M0.1%
Portfolio Concentration
Top 3$700.63M31.1%
4–10$895.93M39.7%
11–25$567.01M25.1%
Rest$92.62M4.1%
Top 3 weight
31.1%
Top 10 weight
70.8%
Voting Authority Distribution
Total shares with voting rights: 65.20M
Sole
Full voting authority
65.20M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole40
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings40
Rows:
FIRST HORIZON CORPORATION
SOLEShares12.57M
TypeSH
Market value$266.59M
11.82%
Sole
12.57M
Shared
0.00
None
0.00
COMERICA INC
SOLEShares4.17M
TypeSH
Market value$249.04M
11.04%
Sole
4.17M
Shared
0.00
None
0.00
SYNOVUS FINL CORP
SOLEShares3.58M
TypeSH
Market value$185.01M
8.20%
Sole
3.58M
Shared
0.00
None
0.00
SEACOAST BKG CORP FLA
SOLEShares5.75M
TypeSH
Market value$158.81M
7.04%
Sole
5.75M
Shared
0.00
None
0.00
TEXAS CAP BANCSHARES INC
SOLEShares1.98M
TypeSH
Market value$157.61M
6.99%
Sole
1.98M
Shared
0.00
None
0.00
PINNACLE FINL PARTNERS INC
SOLEShares1.17M
TypeSH
Market value$128.63M
5.70%
Sole
1.17M
Shared
0.00
None
0.00
AMERIS BANCORP
SOLEShares1.89M
TypeSH
Market value$122.28M
5.42%
Sole
1.89M
Shared
0.00
None
0.00
WELLS FARGO CO NEW
SOLEShares1.48M
TypeSH
Market value$118.18M
5.24%
Sole
1.48M
Shared
0.00
None
0.00
ACI WORLDWIDE INC
SOLEShares2.54M
TypeSH
Market value$116.61M
5.17%
Sole
2.54M
Shared
0.00
None
0.00
MARKETAXESS HLDGS INC
SOLEShares420K
TypeSH
Market value$93.80M
4.16%
Sole
420K
Shared
0.00
None
0.00
ATLANTIC UN BANKSHARES CORP
SOLEShares2.75M
TypeSH
Market value$86.02M
3.81%
Sole
2.75M
Shared
0.00
None
0.00
Q2 HLDGS INC
SOLEShares840.52K
TypeSH
Market value$78.66M
3.49%
Sole
840.52K
Shared
0.00
None
0.00
PIPER SANDLER COMPANIES
SOLEShares230K
TypeSH
Market value$63.93M
2.83%
Sole
230K
Shared
0.00
None
0.00
VISA INC
SOLEShares140K
TypeSH
Market value$49.71M
2.20%
Sole
140K
Shared
0.00
None
0.00
STELLAR BANCORP INC
SOLEShares1.54M
TypeSH
Market value$43.09M
1.91%
Sole
1.54M
Shared
0.00
None
0.00
FIRST FNDTN INC
SOLEShares7.62M
TypeSH
Market value$38.84M
1.72%
Sole
7.62M
Shared
0.00
None
0.00
CITIGROUP INC
SOLEShares450K
TypeSH
Market value$38.30M
1.70%
Sole
450K
Shared
0.00
None
0.00
MARQETA INC
SOLEShares6.50M
TypeSH
Market value$37.90M
1.68%
Sole
6.50M
Shared
0.00
None
0.00
HILLTOP HOLDINGS INC
SOLEShares1.19M
TypeSH
Market value$35.96M
1.59%
Sole
1.19M
Shared
0.00
None
0.00
NORTHERN TR CORP
SOLEShares185K
TypeSH
Market value$23.46M
1.04%
Sole
185K
Shared
0.00
None
0.00
ACADIAN ASSET MANAGEMENT INC
SOLEShares480K
TypeSH
Market value$16.92M
0.75%
Sole
480K
Shared
0.00
None
0.00
TRUIST FINL CORP
SOLEShares325K
TypeSH
Market value$13.97M
0.62%
Sole
325K
Shared
0.00
None
0.00
BANK MARIN BANCORP
SOLEShares600K
TypeSH
Market value$13.70M
0.61%
Sole
600K
Shared
0.00
None
0.00
SCHWAB CHARLES CORP
SOLEShares150K
TypeSH
Market value$13.69M
0.61%
Sole
150K
Shared
0.00
None
0.00
FLYWIRE CORPORATION
SOLEShares1.10M
TypeSH
Market value$12.87M
0.57%
Sole
1.10M
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
FIRST HORIZON CORPORATIONSOLE | COM | 12.57M | SH | $266.59M 11.82% | 12.57M | 0.00 | 0.00 |
COMERICA INCSOLE | COM | 4.17M | SH | $249.04M 11.04% | 4.17M | 0.00 | 0.00 |
SYNOVUS FINL CORPSOLE | COM NEW | 3.58M | SH | $185.01M 8.20% | 3.58M | 0.00 | 0.00 |
SEACOAST BKG CORP FLASOLE | COM NEW | 5.75M | SH | $158.81M 7.04% | 5.75M | 0.00 | 0.00 |
TEXAS CAP BANCSHARES INCSOLE | COM | 1.98M | SH | $157.61M 6.99% | 1.98M | 0.00 | 0.00 |
PINNACLE FINL PARTNERS INCSOLE | COM | 1.17M | SH | $128.63M 5.70% | 1.17M | 0.00 | 0.00 |
AMERIS BANCORPSOLE | COM | 1.89M | SH | $122.28M 5.42% | 1.89M | 0.00 | 0.00 |
WELLS FARGO CO NEWSOLE | COM | 1.48M | SH | $118.18M 5.24% | 1.48M | 0.00 | 0.00 |
ACI WORLDWIDE INCSOLE | COM | 2.54M | SH | $116.61M 5.17% | 2.54M | 0.00 | 0.00 |
MARKETAXESS HLDGS INCSOLE | COM | 420K | SH | $93.80M 4.16% | 420K | 0.00 | 0.00 |
ATLANTIC UN BANKSHARES CORPSOLE | COM | 2.75M | SH | $86.02M 3.81% | 2.75M | 0.00 | 0.00 |
Q2 HLDGS INCSOLE | COM | 840.52K | SH | $78.66M 3.49% | 840.52K | 0.00 | 0.00 |
PIPER SANDLER COMPANIESSOLE | COM | 230K | SH | $63.93M 2.83% | 230K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 140K | SH | $49.71M 2.20% | 140K | 0.00 | 0.00 |
STELLAR BANCORP INCSOLE | COM | 1.54M | SH | $43.09M 1.91% | 1.54M | 0.00 | 0.00 |
FIRST FNDTN INCSOLE | COM | 7.62M | SH | $38.84M 1.72% | 7.62M | 0.00 | 0.00 |
CITIGROUP INCSOLE | COM NEW | 450K | SH | $38.30M 1.70% | 450K | 0.00 | 0.00 |
MARQETA INCSOLE | CLASS A COM | 6.50M | SH | $37.90M 1.68% | 6.50M | 0.00 | 0.00 |
HILLTOP HOLDINGS INCSOLE | COM | 1.19M | SH | $35.96M 1.59% | 1.19M | 0.00 | 0.00 |
NORTHERN TR CORPSOLE | COM | 185K | SH | $23.46M 1.04% | 185K | 0.00 | 0.00 |
ACADIAN ASSET MANAGEMENT INCSOLE | COM | 480K | SH | $16.92M 0.75% | 480K | 0.00 | 0.00 |
TRUIST FINL CORPSOLE | COM | 325K | SH | $13.97M 0.62% | 325K | 0.00 | 0.00 |
BANK MARIN BANCORPSOLE | COM | 600K | SH | $13.70M 0.61% | 600K | 0.00 | 0.00 |
SCHWAB CHARLES CORPSOLE | COM | 150K | SH | $13.69M 0.61% | 150K | 0.00 | 0.00 |
FLYWIRE CORPORATIONSOLE | COM VTG | 1.10M | SH | $12.87M 0.57% | 1.10M | 0.00 | 0.00 |
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