Latest Azora Capital LP Stock Portfolio

$1.38Billion– No. of Holdings #53

Azora Capital LP Performance:

2024 Q1: 5.52%YTD: 5.52%2023: 14.73%

Performance for 2024 Q1 is 5.52%, and YTD is 5.52%, and 2023 is 14.73%.

About Azora Capital LP and 13F Hedge Fund Stock Holdings

Azora Capital LP is a hedge fund based in MIAMI, FL. On 14-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $1.1 Billions. In it's latest 13F Holdings report, Azora Capital LP reported an equity portfolio of $1.4 Billions as of 31 Mar, 2024.

The top stock holdings of Azora Capital LP are LPLA, CMA, WETF. The fund has invested 8% of it's portfolio in LPL FINL HLDGS INC and 8% of portfolio in COMERICA INC.

The fund managers got completely rid off CITIGROUP INC (C), PROSPERITY BANCSHARES INC (PB) and SPDR S&P 500 ETF TR (SPY) stocks. They significantly reduced their stock positions in JPMORGAN CHASE & CO (JPM), UWM HOLDINGS CORPORATION (UWMC) and NUVEI CORPORATION (NVEI). Azora Capital LP opened new stock positions in HUNTINGTON BANCSHARES INC (HBAN), SEI INVTS CO (SEIC) and BANC OF CALIFORNIA INC (BANC). The fund showed a lot of confidence in some stocks as they added substantially to PERELLA WEINBERG PARTNERS (PWP), AVIDXCHANGE HOLDINGS INC (AVDX) and ENFUSION INC (ENFN).

Azora Capital LP Equity Portfolio Value

Last Reported on: 15 May, 2024

Azora Capital LP Annual Return Estimates Vs S&P 500

Our best estimate is that Azora Capital LP made a return of 5.52% in the last quarter. In trailing 12 months, it's portfolio return was 31.83%.

New Buys

Ticker	$ Bought
huntington bancshares inc	55,235,200
sei invts co	44,634,200
banc of california inc	44,287,400
discover finl svcs	35,770,400
columbia bkg sys inc	33,873,800
evercore inc	32,793,800
firstcash holdings inc	30,786,500
first horizon corporation	29,460,400

New stocks bought by Azora Capital LP

Additions

Ticker	% Inc.
perella weinberg partners	410
avidxchange holdings inc	260
enfusion inc	159
ally finl inc	98.25
nerdwallet inc	87.09
first ctzns bancshares inc n	85.25
comerica inc	75.33
capitol fed finl inc	66.83

Additions to existing portfolio by Azora Capital LP

Reductions

Ticker	% Reduced
jpmorgan chase & co	-79.53
uwm holdings corporation	-79.17
nuvei corporation	-71.73
marqeta inc	-71.15
truist finl corp	-70.27
arbor realty trust inc	-51.22
mercadolibre inc	-46.4
ncino inc	-25.24

Azora Capital LP reduced stake in above stock

Sold off

Ticker	$ Sold
bgc group inc	-12,208,800
citigroup inc	-65,463,000
stoneco ltd	-18,458,200
digitalbridge group inc	-11,625,100
wells fargo co new	-19,515,200
prosperity bancshares inc	-26,829,800
moelis & co	-10,600,600
paypal hldgs inc	-9,915,070

Azora Capital LP got rid off the above stocks

Sector Distribution

Azora Capital LP has about 70% of it's holdings in Financial Services sector.

Sector	%
Financial Services	70
Technology	9.5
Others	7.4
	5.7
Real Estate	2.1
Communication Services	2.1
Consumer Cyclical	1.9
Industrials	1.3

Market Cap. Distribution

Azora Capital LP has about 31.4% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	45.1
LARGE-CAP	28.2
SMALL-CAP	16.1
UNALLOCATED	7.4
MEGA-CAP	3.2

Stocks belong to which Index?

About 49.9% of the stocks held by Azora Capital LP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	50.1
RUSSELL 2000	27.2
S&P 500	22.7

Top 5 Winners (%)		%
COIN	coinbase global inc	59.7 %
WETF	wisdomtree inc	31.8 %
RPAY	repay hldgs corp	29.4 %
BSIG	brightsphere invt group inc	18.5 %
RKT	rocket cos inc	18.2 %

Top 5 Winners ($)		$
WETF	wisdomtree inc	19.1 M
LPLA	lpl finl hldgs inc	12.5 M
BSIG	brightsphere invt group inc	7.5 M
RPAY	repay hldgs corp	7.5 M
DFS	discover finl svcs	5.2 M

Top 5 Losers (%)		%
EXFY	expensify inc	-25.5 %
SOFI	sofi technologies inc	-21.5 %
FFWM	first fndtn inc	-20.4 %
RIOT	riot platforms inc	-16.8 %
MQ	marqeta inc	-13.4 %

Top 5 Losers ($)		$
SOFI	sofi technologies inc	-7.4 M
FFWM	first fndtn inc	-6.7 M
MQ	marqeta inc	-3.0 M
ABR	arbor realty trust inc	-1.9 M
RIOT	riot platforms inc	-1.1 M

Azora Capital LP Holdings Map

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

Current Stock Holdings of Azora Capital LP

Azora Capital LP has 53 stocks in it's portfolio. About 47% of the portfolio is in top 10 stocks. SOFI proved to be the most loss making stock for the portfolio. WETF was the most profitable stock for Azora Capital LP last quarter.

Last Reported on: 15 May, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABR	arbor realty trust inc	0.46	479,890	6,358,540	reduced	-51.22

AFRM	affirm hldgs inc	0.00	0.00	0.00	sold off	-100

ALKT	alkami technology inc	2.23	1,251,000	30,737,100	added	18.6

ALLY	ally finl inc	2.17	738,474	29,974,700	added	98.25

AMK	assetmark finl hldgs inc	1.33	518,531	18,361,200	added	11.43

AVDX	avidxchange holdings inc	0.83	868,978	11,427,100	added	260

BANC	banc of california inc	3.21	2,911,730	44,287,400	new

BFH	bread financial holdings inc	0.00	0.00	0.00	sold off	-100

BSIG	brightsphere invt group inc	2.80	1,691,580	38,635,700	reduced	-20.03

C	citigroup inc	0.00	0.00	0.00	sold off	-100

CFFN	capitol fed finl inc	0.56	1,307,110	7,790,390	added	66.83

CMA	comerica inc	7.95	1,996,350	109,779,000	added	75.33

COF	capital one finl corp	0.43	40,240	5,991,330	new

COIN	coinbase global inc	0.52	26,824	7,111,580	new

COLB	columbia bkg sys inc	2.45	1,750,580	33,873,800	new

DBRG	digitalbridge group inc	0.00	0.00	0.00	sold off	-100

DFS	discover finl svcs	2.59	272,869	35,770,400	new

ENFN	enfusion inc	0.02	35,961	332,639	added	159

EVR	evercore inc	2.38	170,278	32,793,800	new

EXFY	expensify inc	0.00	24,583	45,233	unchanged	0.00