North Reef Capital Management LP
Annual return '25
+18.1%
SPY '25
+17.7%
Alpha
+0.4ptsvs SPY
Invested
$2.9B
Holdings
62
Trades YTD
0
Performance · Fund vs SPY
Cumulative return · quarterly snapshotsCoverage 98%. 4 quarters of 2025 measured against SPY adj-close benchmark.
Top holdings · current snapshot
Source: 13F-HR01
$FHN
FIRST HORIZON CORPORATION
Q1 2026: New position (15 shares)
11.3%
02
$MKTX
MARKETAXESS HLDGS INC
Q4 2025: Sold 100.0% (911.4k → 156 shares)
10.6%
03
$ABCB
AMERIS BANCORP
Q4 2025: Exited (was 1.98M shares)
9.2%
04
$KEY
KEYCORP
Q4 2025: New position (2.2k shares)
8.7%
05
$SBCF
SEACOAST BKG CORP FLA
Q4 2025: Exited (was 5.00M shares)
6.1%
06
$AUB
ATLANTIC UN BANKSHARES CORP
Q4 2025: Exited (was 3.71M shares)
5.3%
07
$ALKT
ALKAMI TECHNOLOGY INC
Q4 2025: Exited (was 127.6k shares)
4.1%
08
$V
VISA INC
Q1 2026: Sold 26.4% (485 → 357 shares)
3.7%
09
$CBC
CENTRAL BANCOMPANY
Held since at least Q1 2024
3.4%
10
$ACIW
ACI WORLDWIDE INC
Q4 2025: Exited (was 1.78M shares)
3.1%
Recent trades · Last 90 days
No Form 4 / 13D / 13G trade events on file in the recent window. 13F filers report position snapshots quarterly rather than per-trade events, so this section is most useful for managers who also file Form 4 or 13D/G.
Convergence · Pattern Engine ships in v1.1
30-day windowIn development
Convergence participation lands with the Pattern Engine.
Once the Pattern Engine ships, this section will list every active convergence event this fund is named in — with the other named funds, the Congress members on the same name, and combined position size.
Source data: SEC EDGAR · 13F-HR filings · Performance through 2025-12-31 · Last refreshed 08:31 UTC.