Latest NFC Investments, LLC Stock Portfolio

$359Million– No. of Holdings #41

NFC Investments, LLC Performance:

2026 Q1: -1.05%YTD: -1.05%2025: 2.65%

Performance for 2026 Q1 is -1.05%, and YTD is -1.05%, and 2025 is 2.65%.

About NFC Investments, LLC and 13F Hedge Fund Stock Holdings

On 2026-05-12, the fund reported it's updated stock portfolio. In the 13F Holdings report, NFC Investments, LLC reported an equity portfolio of $359.2 Millions as of 31 Mar, 2026.

The top stock holdings of NFC Investments, LLC are MTG, , DAR. The fund has invested 12.9% of it's portfolio in MGIC INVESTMENT CORP and 9.4% of portfolio in APOLLO GLOBAL MGMT INC.

The fund managers got completely rid off LENNAR CORP (LEN), EQUITABLE HOLDINGS INC (EQH) and TIPTREE INC (TIPT) stocks. They significantly reduced their stock positions in MILLROSE PPTYS INC, NMI HOLDINGS INC (NMIH) and APPLE INC (AAPL). NFC Investments, LLC opened new stock positions in TOLL BROTHERS INC (TOL), CAPITAL ONE FINANCIAL CORP (COF) and BANK OF AMERICA CORP (BAC). The fund showed a lot of confidence in some stocks as they added substantially to FIRST HORIZON NATIONAL CORP (FHN), PROGRESSIVE CORP OHIO (PGR) and U HAUL HOLDING COMPANY (UHAL).

NFC Investments, LLC Equity Portfolio Value

Last Reported on: 12 May, 2026

NFC Investments, LLC Annual Return Estimates Vs S&P 500

Our best estimate is that NFC Investments, LLC made a return of -1.05% in the last quarter. In trailing 12 months, it's portfolio return was 2.98%.

Performance
S&P 500

New Buys

Ticker	$ Bought
toll brothers inc	10,800,000
capital one financial corp	8,213,000
bank of america corp	407,000
pinnacle finl partners	260,000

New stocks bought by NFC Investments, LLC

Additions

Ticker	% Inc.
first horizon national corp	537
progressive corp ohio	57.31
u haul holding company	23.69
fidelis insurance holdings ltd	13.21
apollo global mgmt inc	3.02
energy transfer l p	1.38
triumph financial inc	0.29
kkr & co inc	0.21

Additions to existing portfolio by NFC Investments, LLC

Reductions

Ticker	% Reduced
millrose pptys inc	-61.00
nmi holdings inc	-31.07
apple inc	-30.77
microsoft corp	-16.9
alphabet inc cap stk	-16.16
kinder morgan inc del	-5.78
westrock coffee co	-5.77
alliance resource partners l	-5.74

NFC Investments, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
lennar corp	-10,778,000
equitable holdings inc	-3,588,000
tiptree inc	-406,000
home bancshares inc	-278,000
fidelity comwlth	-213,000
nvidia corp	-282,000

NFC Investments, LLC got rid off the above stocks

Sector Distribution

NFC Investments, LLC has about 30.3% of it's holdings in Financial Services sector.

Financial Services
Others
Energy
Consumer Defensive
Consumer Cyclical
Communication Services
Real Estate
Industrials

Sector	%
Financial Services	30.3
Others	20.2
Energy	13
Consumer Defensive	12.2
Consumer Cyclical	8.3
Communication Services	7.3
Real Estate	4
Industrials	2.3
	2.1

Market Cap. Distribution

NFC Investments, LLC has about 46.1% of it's portfolio invested in the large-cap and mega-cap stocks.

LARGE-CAP
MID-CAP
UNALLOCATED
MEGA-CAP
SMALL-CAP

Category	%
LARGE-CAP	35
MID-CAP	28.7
UNALLOCATED	20.2
MEGA-CAP	11.1
SMALL-CAP	4.9

Stocks belong to which Index?

About 40% of the stocks held by NFC Investments, LLC either belong to S&P 500 or RUSSELL 2000 index.

Others
S&P 500
RUSSELL 2000

Index	%
Others	60
S&P 500	34.1
RUSSELL 2000	5.9

Top 5 Winners (%)		%
DAR	darling ingredients inc	70.8 %
TRGP	targa res corp	35.7 %
RRC	range res corp	27.9 %
FDX	fedex corp	23.2 %
KMI	kinder morgan inc del	21.4 %

Top 5 Winners ($)		$
DAR	darling ingredients inc	11.8 M
TRGP	targa res corp	4.4 M
RRC	range res corp	2.7 M
ET	energy transfer l p	1.3 M
KMI	kinder morgan inc del	1.3 M

Top 5 Losers (%)		%
KKR	kkr & co inc	-27.4 %
	apollo global mgmt inc	-22.8 %
MSFT	microsoft corp	-21.4 %
AXP	american express co	-17.9 %
ORI	old rep intl corp	-12.4 %

Top 5 Losers ($)		$
	apollo global mgmt inc	-10.0 M
MTG	mgic investment corp	-5.3 M
PGR	progressive corp ohio	-3.1 M
GOOG	alphabet inc cap stk	-2.7 M
AXP	american express co	-2.6 M

NFC Investments, LLC Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of NFC Investments, LLC

NFC Investments, LLC has 41 stocks in it's portfolio. About 66.8% of the portfolio is in top 10 stocks. proved to be the most loss making stock for the portfolio. DAR was the most profitable stock for NFC Investments, LLC last quarter.

Last Reported on: 12 May, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AAPL	apple inc	0.10	1,440	366,000	reduced	-30.77

ARLP	alliance resource partners l	0.51	65,700	1,816,000	reduced	-5.74

AXP	american express co	3.22	38,130	11,554,000	reduced	-1.68

AZO	autozone inc	5.29	5,624	18,997,000	reduced	-0.25

BAC	bank of america corp	0.11	8,347	407,000	new

COF	capital one financial corp	2.29	45,019	8,213,000	new

DAR	darling ingredients inc	7.74	449,690	27,813,000	reduced	-2.74

EDV	vanguard world fd	0.07	704	259,000	unchanged	0.00

EQH	equitable holdings inc	0.00	0.00	0.00	sold off	-100

ESNT	essent group ltd	0.80	49,133	2,871,000	reduced	-5.44

ET	energy transfer l p	2.57	477,757	9,221,000	added	1.38

FDX	fedex corp	0.11	1,077	384,000	added	0.19

FHN	first horizon national corp	0.38	60,520	1,377,000	added	537

GOOG	alphabet inc cap stk	7.25	90,732	26,028,000	reduced	-16.16

GOOG	alphabet inc cap stk	0.07	930	268,000	unchanged	0.00

HIG	hartford finl svcs corp	1.32	35,000	4,733,000	unchanged	0.00

HOMB	home bancshares inc	0.00	0.00	0.00	sold off	-100

KKR	kkr & co inc	0.12	4,750	439,000	added	0.21

KMI	kinder morgan inc del	1.98	212,550	7,127,000	reduced	-5.78

KO	coca cola co	0.26	12,500	951,000	unchanged	0.00