North Reef Capital Management L.P. 13F annual report
By Matthew Martinez
North Reef Capital Management L.P. is an investment fund managing more than $1.58 trillion ran by James Iii. There are currently 44 companies in Mr. Iii’s portfolio. The largest investments include Synovus Finl Corp and Comerica, together worth $244 billion.
Limited to 30 biggest holdings
$1.58 trillion Assets Under Management (AUM)
As of 6th November 2023, North Reef Capital Management L.P.’s top holding is 4,485,000 shares of Synovus Finl Corp currently worth over $125 billion and making up 7.9% of the portfolio value.In addition, the fund holds 2,880,000 shares of Comerica worth $120 billion, whose value fell approximately 0.1% in the past six months. The third-largest holding is First Horizon worth $98.1 billion and the next is Wells Fargo Co New worth $94 billion, with 2,300,000 shares owned.
Currently, North Reef Capital Management L.P.'s portfolio is worth at least $1.58 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at North Reef Capital Management L.P.
The North Reef Capital Management L.P. office and employees reside in Laguna Beach, California. According to the last 13-F report filed with the SEC, James Iii serves as the Portfolio Manager, Managing Member at North Reef Capital Management L.P..
