NFC Investments, LLC

Q1 2014 13F-HR Holdings

Location
Memphis, TN
Holdings as of
3/31/2014
Date filed
5/14/2014
Form type
13F-HR
Num holdings
41
Total value ($000)
$199,086
Net value change ($000)
+7,648 (4.0%)
New positions
4
Sold out positions
2
Turnover %
13.2%
Sector allocation + QoQ delta (equities-only)

Snapshot: Change Analysis

Compared to Q4 2013
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AGO 6,994 989.3%
RICE ENERGY INC 6,564 NEW
OPCH 6,371 NEW
OCI PARTNERS LP 2,654 NEW
WILLIAM LYON HOMES 1,694 25.6%
STC 702 NEW
CIM 458 3.4%
Macquarie Infrastructure Corp 396 5.5%
DIRECTV 388 11.0%
RHINO RESOURCE PARTNERS LP 326 137.0%
Top Reduces (Value $000, Stocks/ETFs)
INFINITY PROPERTY & CASUALTY -8,110 -100.0%
Walter Energy Inc -2,064 -55.7%
ORI -2,016 -12.7%
STWD -1,912 -12.4%
CASH STORE FINL SVCS INC -1,302 -100.0%
EXE -1,055 -12.9%
UPBD -997 -23.9%
BROOKFIELD RESIDENTIAL PPTYS -896 -11.0%
HAWAIIAN TELCOM HOLDCO INC COM -501 -7.5%
*INTERVEST BANCSHARES CORP -460 -3.1%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type