Q2 2026 13F · SEC CIK 1512858

NFC Investments, LLC

Institutional asset managerFiled 2026-08-13 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $393.2M
Reported positions: 43
Top holdings a year, 3 yrs: +12.8%
Assets under management: $2.1B

NFC Investments, LLC is an institutional asset manager that reported 43 positions worth $393.2M in its Q2 2026 13F, filed 2026-08-13. Its largest holdings were Mgic Invt Corp Wis (MTG, 11.1%), Apollo Global Management Inc (APO, 9.1%), Alphabet Inc (GOOG, 8.1%). A portfolio copying its top holdings returned 12.8% a year over the last 3 years, against 20.4% for the S&P 500.

NFC Investments, LLC holdings all 43 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

NFC Investments, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MTGMgic Invt Corp Wis	11.1%	12.9%	1,552,750	-12.1%	$43.8M
APOApollo Global Management Inc	9.1%	9.4%	303,258	+0.1%	$35.9M
GOOGAlphabet Inc	8.1%	7.2%	89,814	-1.0%	$31.7M
PGRProgressive Corp	7.2%	7.2%	129,806	+0.1%	$28.4M
DARDarling Ingredients Inc	6.2%	7.7%	444,295	-1.2%	$24.3M
PLGOPelagos Insurance Capi F	5.7%	4.9%	918,112	+0.2%	$22.4M
AZOAutozone Inc	4.8%	5.3%	5,906	+5.0%	$18.9M
WESTWestrock Coffee Co	4.3%	4.2%	2,066,711	-41.4%	$16.8M
TRGPTarga Res Corp	4.0%	4.6%	59,147	-11.1%	$15.9M
STWDStarwood Property Trust Inc.	3.4%	3.2%	826,096	+22.8%	$13.5M
TOLToll Brothers Inc	3.3%	3.0%	79,764	+0.8%	$13.1M
AXPAmerican Express Co	3.3%	3.2%	38,050	-0.2%	$12.9M
ETPCEnergy Transfer L P	3.0%	2.6%	614,758	+28.7%	$11.8M
RYANRyan Specialty Holdings Inc	2.8%	New	293,952	—	$11.1M
UHALBU Haul Holding Company	2.6%	2.2%	180,087	+1.0%	$10.4M
REEverest Group Ltd	2.6%	2.6%	29,066	-0.2%	$10.4M
TBKTriumph Financial Inc	2.5%	2.1%	127,238	-0.2%	$9.7M
RRCRange Res Corp	2.4%	3.3%	258,162	-2.6%	$9.6M
COFCapital One Finl Corp	2.3%	2.3%	45,631	+1.4%	$9.2M
KMIKinder Morgan Inc Del	1.7%	2.0%	212,090	-0.2%	$6.8M
ORIOld Republic International Corp	1.6%	1.7%	152,850	-0.3%	$6.3M
VNOMViper Energy Inc	1.4%	1.6%	127,288	+3.9%	$5.4M
HIGHartford Insurance Group Inc	1.2%	1.3%	35,000	+0.0%	$4.6M
894190107Travelers Group Inc	1.1%	1.1%	13,000	+0.0%	$4.3M
ESNTEssent Group Ltd Com	0.7%	0.8%	45,615	-7.2%	$2.9M
RWTRedwood Trust Inc	0.6%	0.7%	457,691	-3.5%	$2.2M
ARLPAlliance Resource Partners, L.P.	0.5%	0.5%	75,700	+15.2%	$1.8M
FHNFirst Horizon Corporation	0.4%	0.4%	60,520	+0.0%	$1.6M
MRPMillrose Pptys Inc	0.3%	0.2%	35,477	+14.5%	$1.1M
KOCoca Cola Co	0.3%	0.3%	12,500	+0.0%	$1.0M
NMIHNmi Hldgs Inc	0.2%	0.2%	16,620	+0.0%	$683K
RFRegions Financial Corp New	0.1%	0.1%	19,235	+0.0%	$581K
BRK-BBerkshire Hathaway Inc Del	0.1%	0.2%	1,145	-2.6%	$573K
MGKVanguard World Fd	0.1%	0.1%	6,300	+794.9%	$554K
BACBank of Amer Corp	0.1%	0.1%	8,347	+0.0%	$476K
MSFTMicrosoft Corp	0.1%	0.1%	1,275	+3.3%	$476K
KKRKkr & Co Inc	0.1%	0.1%	5,000	+5.3%	$459K
AAPLApple Inc	0.1%	0.1%	1,440	+0.0%	$417K
FDXFedex Corp	0.1%	0.1%	1,079	+0.2%	$338K
GOOGLAlphabet Inc	0.1%	0.1%	930	+0.0%	$333K
QQQInvesco Qqq Tr	0.1%	0.1%	450	+0.0%	$331K
PNFPPinnacle Finl Partners Inc	0.1%	0.1%	3,014	+0.0%	$304K
ONEQFidelity Comwlth Tr	0.1%	New	2,330	—	$241K

What NFC Investments, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

RYAN Ryan Specialty Holdings Inc2.8% of 13F
ONEQ Fidelity Comwlth Tr0.1% of 13F

Added to

MGK Vanguard World Fd+794.9% shares
ETPC Energy Transfer L P+28.7% shares
STWD Starwood Property Trust Inc.+22.8% shares
ARLP Alliance Resource Partners, L.P.+15.2% shares
MRP Millrose Pptys Inc+14.5% shares
KKR Kkr & Co Inc+5.3% shares
AZO Autozone Inc+5.0% shares

Reduced

Sold out

Nothing sold out.

Share counts compared with the Q1 2026 13F; a split also changes share counts.

How the holdings did against the S&P 500.

1 year: +15.2% /yr; S&P 500 +20.1%
3 years: +12.8% /yr; S&P 500 +20.4%
5 years: +9.8% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F value	Positions
Q2 2026	$393.2M	43
Q1 2026	$359.2M	41
Q4 2025	$354.2M	43
Q3 2025	$345.5M	43
Q2 2025	$349.7M	36
Q1 2025	$336.4M	36
Q4 2024	$362.4M	37
Q3 2024	$348.1M	35
Q2 2024	$348.6M	36
Q1 2024	$347.7M	32
Q4 2023	$323.3M	31
Q2 2023	$303.8M	32

Questions about NFC Investments, LLC's portfolio

What stocks does NFC Investments, LLC own?

NFC Investments, LLC's latest 13F, for Q2 2026 and filed Aug 13, 2026, lists 43 positions worth $393.2M. The largest are Mgic Invt Corp Wis (MTG) at 11.1%, Apollo Global Management Inc (APO) at 9.1%, Alphabet Inc (GOOG) at 8.1%, Progressive Corp (PGR) at 7.2% and Darling Ingredients Inc (DAR) at 6.2%.

What did NFC Investments, LLC buy last quarter?

In Q2 2026, NFC Investments, LLC added a new position in Ryan Specialty Holdings Inc (RYAN), a new position in Fidelity Comwlth Tr (ONEQ), Vanguard World Fd (MGK) (+794.9% shares), Energy Transfer L P (ETPC) (+28.7% shares) and Starwood Property Trust Inc. (STWD) (+22.8% shares), compared with its Q1 2026 filing.

What did NFC Investments, LLC sell last quarter?

In Q2 2026, NFC Investments, LLC Westrock Coffee Co (WEST) (-41.4% shares), Mgic Invt Corp Wis (MTG) (-12.1% shares) and Targa Res Corp (TRGP) (-11.1% shares), compared with its Q1 2026 filing.

How has NFC Investments, LLC's portfolio performed?

A portfolio copying NFC Investments, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +12.8% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +15.2% against +20.1%. Over 5 years: +9.8% a year against +11.6%.

When is NFC Investments, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. NFC Investments, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does NFC Investments, LLC manage?

NFC Investments, LLC reported $2.1B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $393.2M.