Nfc Investments 13F annual report
Nfc Investments is an investment fund managing more than $349 million ran by William Thompson. There are currently 36 companies in Mr. Thompson’s portfolio. The largest investments include Apollo Global Mgmt Inc and MGIC Investment Corp, together worth $90.3 million.
$349 million Assets Under Management (AUM)
As of 5th August 2024, Nfc Investments’s top holding is 416,112 shares of Apollo Global Mgmt Inc currently worth over $49.1 million and making up 14.1% of the portfolio value.
In addition, the fund holds 1,911,282 shares of MGIC Investment Corp worth $41.2 million, whose value grew 23.0% in the past six months.
The third-largest holding is Westrock Coffee Co worth $35.4 million and the next is Enstar worth $22.4 million, with 73,319 shares owned.
Currently, Nfc Investments's portfolio is worth at least $349 million. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Nfc Investments
The Nfc Investments office and employees reside in Memphis, Tennessee. According to the last 13-F report filed with the SEC, William Thompson serves as the President at Nfc Investments.
Recent trades
In the most recent 13F filing, Nfc Investments revealed that it had opened a new position in
Kinder Morgan Inc and bought 175,309 shares worth $3.48 million.
This means they effectively own approximately 0.1% of the company.
Kinder Morgan Inc makes up
100.0%
of the fund's Energy sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in Darling Ingredients Inc by buying
24,128 additional shares.
This makes their stake in Darling Ingredients Inc total 475,021 shares worth $17.5 million.
Darling Ingredients Inc dropped approximately 0.1% in the past year.
On the other hand, there are companies that Nfc Investments is getting rid of from its portfolio.
Nfc Investments closed its position in Comcast Corp New on 12th August 2024.
It sold the previously owned 175,912 shares for $7.71 million.
William Thompson also disclosed a decreased stake in Apollo Global Mgmt Inc by approximately 0.1%.
This leaves the value of the investment at $49.1 million and 416,112 shares.
One of the smallest hedge funds
The two most similar investment funds to Nfc Investments are Dixon Hughes Goodman Wealth Advisors and Strengthening Families & Communities. They manage $349 million and $349 million respectively.
William Thompson investment strategy
Nfc Investments’s portfolio is diversified across 9 sectors.
Currently, their heaviest sector is Finance — making up 26.0% of
the total portfolio value.
The fund focuses on investments in the United States as
47.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
33% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $276 billion.
The complete list of Nfc Investments trades based on 13F SEC filings
These positions were updated on August 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Apollo Global Mgmt Inc |
0.77%
416,112
|
$49,130,000 | 14.09% |
| MGIC Investment Corp |
0.85%
1,911,282
|
$41,188,000 | 11.81% |
| Westrock Coffee Co |
0.37%
3,456,047
|
$35,355,000 | 10.14% |
| Enstar Group Limited |
16.09%
73,319
|
$22,414,000 | 6.43% |
| Alphabet Inc Cap Stk |
1.36%
118,865
|
$21,802,000 | 6.25% |
| Autozone Inc. |
0.69%
6,209
|
$18,404,000 | 5.28% |
| Progressive Corp Ohio |
0.36%
87,698
|
$18,216,000 | 5.23% |
| Darling Ingredients Inc |
5.35%
475,021
|
$17,457,000 | 5.01% |
| Liberty Broadband Corp |
102.73%
259,628
|
$14,233,000 | 4.08% |
| Lennar Corp. |
1.20%
91,893
|
$12,813,000 | 3.68% |
| Starwood Ppty Tr Inc |
0.23%
631,193
|
$11,955,000 | 3.43% |
| Everest Re Group Ltd |
0.50%
30,390
|
$11,579,000 | 3.32% |
| Triumph Financial Inc |
0.33%
137,880
|
$11,272,000 | 3.23% |
| American Express Co. |
0.09%
42,617
|
$9,868,000 | 2.83% |
| Sitio Royalties Corp |
1.28%
391,989
|
$9,255,000 | 2.65% |
| First Horizon Natl Corp |
0.66%
496,600
|
$7,831,000 | 2.25% |
| Comcast Corp New |
Closed
175,912
|
$7,714,000 | |
| American Intl Group Inc |
0.59%
103,038
|
$7,650,000 | 2.19% |
| Old Rep Intl Corp |
0.69%
193,765
|
$5,987,000 | 1.72% |
| Hartford Finl Svcs Corp |
No change
35,000
|
$3,519,000 | 1.01% |
| Kinder Morgan Inc |
Opened
175,309
|
$3,483,000 | 1.00% |
| Essent Group Ltd |
0.67%
56,043
|
$3,149,000 | 0.90% |
| Travelers Group Inc |
No change
13,000
|
$2,643,000 | 0.76% |
| Alliance Resource Partners L |
28.49%
68,100
|
$1,665,000 | 0.48% |
| Redwood Trust Inc. |
Opened
213,000
|
$1,382,000 | 0.40% |
| Energy Transfer L P |
Opened
54,870
|
$890,000 | 0.26% |
| NMI Holdings Inc |
3.31%
24,810
|
$844,000 | 0.24% |
| Coca-Cola Co |
0.76%
13,064
|
$831,000 | 0.24% |
| Microsoft Corporation |
No change
1,525
|
$682,000 | 0.20% |
| Apple Inc |
No change
3,151
|
$664,000 | 0.19% |
| Kkr Co Inc |
Opened
5,140
|
$541,000 | 0.16% |
| Berkshire Hathaway Inc. |
No change
1,186
|
$482,000 | 0.14% |
| Regions Financial Corp. |
No change
19,235
|
$385,000 | 0.11% |
| Tiptree Inc |
No change
21,946
|
$362,000 | 0.10% |
| NVIDIA Corp |
Opened
2,014
|
$249,000 | 0.07% |
| Home Bancshares Inc |
1.09%
10,000
|
$240,000 | 0.07% |
| Pinnacle Finl Partners |
Opened
2,500
|
$200,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 37 holdings | |||
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