North Reef Expands Bank Stock Holdings Across Firms
North Reef Capital Management LP expanded its bank-stock portfolio in the first quarter by purchasing new stakes in Central Bancompany, Ameris Bancorp, Raymond James Financial, Banc of California, and Flagstar Bank, adding hundreds of thousands to millions of shares across the positions. Its holdings rank CBC around 9th, Ameris around 3rd, Banc of California around 25th, Raymond James around 28th, and Flagstar around 18th in its portfolio, with Flagstar also announcing a $250 million share repurchase program.
