SEC 13F Intelligence

Managers / Q2 2019 · view latest →

NFC Investments, LLC

CIK 0001512858 · 700 COLONIAL ROAD, SUITE 101, MEMPHIS, TN, 38117 · 901-767-5576

Reported Value
$350M
Q2 2019
Positions
39
Filings on Record
29
2019–present window
Filed
Aug 13, 2019
original filing

Summary

Nfc Investments, LLC reported $350M in U.S.-listed holdings across 39 positions for Q2 2019.

Its largest position, MTG, represents 10.0% of the portfolio.

Compared with Q1 2019, the fund opened 7 new positions and exited 3.

Portfolio Metrics

Turnover
+9.1%
vs prior filed quarter
Top-10 Concentration
+59.9%
share of reported value
Largest Position
+10.0%
Mgic Investment
New / Exited
7 / 3
positions this quarter

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded, with multiple share classes and repeated sub-manager rows for the same issuer combined into one position — the same rule the holdings table uses by default. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q1 ’19: $339MQ1 ’19Q2 ’19: $350MQ3 ’19: $370MQ4 ’19: $396MQ1 ’20: $242MQ1 ’20Q2 ’20: $259MQ3 ’20: $265MQ4 ’20: $344MQ1 ’21: $376MQ1 ’21Q2 ’21: $380MQ3 ’21: $460MQ4 ’21: $481MQ1 ’22: $446MQ1 ’22Q2 ’22: $369MQ3 ’22: $371MQ4 ’22: $323MQ1 ’23: $269MQ1 ’23Q2 ’23: $304MQ4 ’23: $323MQ1 ’24: $348MQ2 ’24: $349MQ2 ’24Q3 ’24: $348MQ4 ’24: $362MQ1 ’25: $336MQ2 ’25: $350MQ2 ’25Q3 ’25: $345MQ4 ’25: $354MQ1 ’26: $359Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 54.3%Other: 35.0%REIT: 9.9%Closed-End Fund: 0.6%ETP: 0.2%
  • Common Stock · 54.3% · $190M
  • Other · 35.0% · $123M
  • REIT · 9.9% · $35M
  • Closed-End Fund · 0.6% · $2M
  • ETP · 0.2% · $570,000

Quarter-over-Quarter Changes full breakdown →

vs Q1 2019 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
HOMBHOME BANCSHARES INCNEW+421.0K421.0K+$8M$8M
GX ACQUISITION CORPNEW+672.1K672.1K+$7M$7M
DUPONT DE NEMOURS INCNEW+69.0K69.0K+$5M$5M
DOWDOW INCNEW+69.3K69.3K+$3M$3M
CORTEVA INCNEW+68.9K68.9K+$2M$2M
ADXADAMS DIVERSIFIED EQUITY FDNEW+130.0K130.0K+$2M$2M
MSFTMICROSOFT CORPNEW+2.1K2.1K+$276,000$276,000
VERISIGN INCSOLD OUT−67.7K0−$12M$0

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q2 2019

38 positions (from 39 filing rows — )
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MTGMGIC INVESTMENT CORPhistory →CORP9.98%$35M2.66M
2ATHENE HLDG LTDCL A8.36%$29M680.0K
3AZOAUTOZONE INChistory →COM6.46%$23M20.6K
4AIGAMERICAN INTL GROUP INCCOM · W EXP 01/19/20215.39%$19M386.2K
5STWDSTARWOOD PPTY TR INChistory →COM5.32%$19M820.5K
6CHIMERA INVT CORPCOM5.26%$18M977.2K
7ENSTAR GROUP LIMITEDSHS5.06%$18M101.8K
8AGOASSURED GUARANTY LTDhistory →COM4.98%$17M415.1K
9TFINTRIUMPH BANCORP INChistory →COM4.61%$16M555.9K
10ALAIR LEASE CORPhistory →CL A4.45%$16M377.1K
11COMCAST CORP NEWCL A3.76%$13M311.4K
12COFCAPITAL ONE FINL CORPhistory →COM3.54%$12M136.6K
13LBRDKLIBERTY BROADBAND CORPhistory →COM SER C3.49%$12M117.5K
14ALPHABET INC CAP STKCL A3.21%$11M10.4K
15CORECIVIC INCCOM2.66%$9M449.2K
16JERNIGAN CAP INCCOM2.62%$9M448.6K
17DARDARLING INGREDIENTS INChistory →COM2.48%$9M436.2K
18HOMBHOME BANCSHARES INChistory →COM2.31%$8M421.0K
19STORE CAP CORPCOM1.95%$7M205.4K
20GX ACQUISITION CORPUNIT EX 05/24/20261.93%$7M672.1K
21TORTOISE MLP FD INCCOM1.66%$6M430.1K
22DUPONT DE NEMOURS INCCOM1.48%$5M69.0K
23SICSELECT INTERIOR CONCEPTS INChistory →CL A1.40%$5M422.5K
24ORIOLD REP INTL CORPhistory →COM1.16%$4M182.0K
25GCI LIBERTY INCCOM1.01%$4M57.8K
26DOWDOW INCCOM0.98%$3M69.3K
27CRD/ACRAWFORD & COCL A0.83%$3M277.0K
28RNRRENAISSANCE RE HOLDINGS LTDCOM0.79%$3M15.5K
29EGEVEREST RE GROUP LTDCOM0.78%$3M11.0K
30CORTEVA INCCOM0.58%$2M68.9K
31ADXADAMS DIVERSIFIED EQUITY FDCOM0.57%$2M130.0K
32BRK/BBERKSHIRE HATHAWAY INCCL B0.26%$908,0004.3K
33KOCOCA COLA COCOM0.20%$691,00013.6K
34IWBISHARES TRRUS 1000 ETF0.16%$570,0003.5K
35FHNFIRST HORIZON NATL CORPCOM0.10%$354,00023.7K
36RFREGIONS FINANCIAL CORPCOM0.08%$287,00019.2K
37MSFTMICROSOFT CORPCORP0.08%$276,0002.1K
38KKR & CO INCCL A0.06%$220,0008.7K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$359M41May 12, 202613F-HRchanges · EDGAR ↗
Q4 2025$354M43Feb 11, 202613F-HRchanges · EDGAR ↗
Q3 2025$345M43Nov 12, 202513F-HRchanges · EDGAR ↗
Q2 2025$350M36Aug 12, 202513F-HRchanges · EDGAR ↗
Q1 2025$336M36May 14, 202513F-HRchanges · EDGAR ↗
Q4 2024$362M37Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$348M35Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$349M36Aug 12, 202413F-HRchanges · EDGAR ↗
Q1 2024$348M32May 10, 202413F-HRchanges · EDGAR ↗
Q4 2023$323M31Feb 9, 202413F-HRchanges · EDGAR ↗
Q2 2023$304M32Aug 10, 202313F-HRchanges · EDGAR ↗
Q1 2023$269M31May 10, 202313F-HRchanges · EDGAR ↗
Q4 2022$323M34Feb 15, 202313F-HRchanges · EDGAR ↗
Q3 2022$371M36Nov 15, 202213F-HRchanges · EDGAR ↗
Q2 2022$369M35Aug 11, 202213F-HRchanges · EDGAR ↗
Q1 2022$446M38May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$481M42Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$460M44Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$380M46Aug 26, 2021RESTATEMENTchanges · EDGAR ↗
Q1 2021$376M47May 11, 202113F-HRchanges · EDGAR ↗
Q4 2020$344M37Feb 11, 202113F-HRchanges · EDGAR ↗
Q3 2020$265M39Nov 9, 202013F-HRchanges · EDGAR ↗
Q2 2020$259M41Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$242M41May 11, 202013F-HRchanges · EDGAR ↗
Q4 2019$396M41Feb 12, 202013F-HRchanges · EDGAR ↗
Q3 2019$370M39Nov 12, 201913F-HRchanges · EDGAR ↗
Q2 2019$350M39Aug 13, 201913F-HRchanges · EDGAR ↗
Q1 2019$339M35May 15, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.