NFC Investments, LLC
SEC Form 13F institutional filer · CIK 0001512858
13F-HR · 20 reported holdings · 2026-03-31
Reported long-US-equity value
$0.00B
Top-10 concentration
97.3%
NFC Investments, LLC — $167K AUM allocation strategy
NFC Investments, LLC files SEC Form 13F and reports $167K of long US equity value across 20 reported holdings for 2026-03-31.
Its largest sector bet is Financials 57.2%, followed by Communication Services 15.8% and Energy 14.3%.
The top 10 holdings account for 97% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
NFC Investments, LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$167K
total across 20 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
97% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PGR +47.2K sh · +$6.93K+$APO +8.87K sh · −$8.82K+$KKR +10 sh · −$165
Biggest trims (shares)
−$GOOGL −17.5K sh · −$7.93K−$KMI −13.1K sh · +$926−$TRGP −895 sh · +$4.24K
Exited to nil (held last quarter, gone now)
$LEN ($10.8K last qtr)$NVDA ($282 last qtr)$ONEQ ($213 last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Asset Management & Custody Banks20.5%—
- Property & Casualty Insurance18.2%—
- Interactive Media & Services15.8%—
- Oil & Gas Storage & Transportation14.3%—
- Consumer Finance11.8%—
- Automotive Retail11.4%—
- Reinsurance5.7%—
- Soft Drinks & Non-alcoholic Beverages0.6%—
- Other holdings1.7%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $APO | Apollo Global Management Inc | 303K | $33.8K | +8.87K | 20.2% |
| $GOOGL | Alphabet Inc | 90.7K | $26K | -17.5K | 15.6% |
| $PGR | Progressive Corporation | 130K | $25.7K | +47.2K | 15.4% |
| $AZO | AutoZone Inc | 5.62K | $19K | -14 | 11.4% |
| $TRGP | Targa Resources Inc | 66.5K | $16.7K | -895 | 10.0% |
| $AXP | American Express Company | 38.1K | $11.6K | -653 | 6.9% |
| $EG | Everest Group Ltd | 29.1K | $9.52K | -79 | 5.7% |
| $COF | Capital One Financial Corporation | 45K | $8.21K | — | 4.9% |
| $KMI | Kinder Morgan Inc | 213K | $7.13K | -13.1K | 4.3% |
| $HIG | The Hartford Insurance Group Inc | 35K | $4.73K | +0 | 2.8% |
…and 10 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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