North Reef Capital Management LP
•CIK: 1867831•Filing: Q4 2025
**North Reef Capital Management LP** manages $2.5B across a portfolio of 56 positions, exhibiting concentrated exposure to technology and growth sectors. Top holdings include MKTX at $291.7M and FT2 at $275.3M, representing significant allocations within their mandate. The fund maintains substantial positions in ABCB ($203.3M) and SBG1 ($183.2M), signaling a focused, high-conviction investment approach. This structure suggests active management targeting outsized returns through sector leadership plays.
Total AUM
$2.5B
QoQ Performance
+16.2%
Positions
56
Top 10 Concentration
63.7%
Latest Filing
Q4 2025
Top Holdings Allocation
MKTX
FHN
ABCB
SBG1
AUB
MKTX11.7%
FHN11.1%
ABCB8.2%
SBG17.4%
AUB6.5%
COLB4.2%
V3.8%
TSA3.8%
📈 Biggest Buys
📉 Biggest Sells
Sector Breakdown
Other94.6%
Financial5.4%
🚪 Exited Positionssold since Q3 2025
Changes from Q3 2025
NEW18 new positions
↑26 increased
↓11 decreased
Historical Filings
Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022