North Reef Capital Management Lp
- Regulatory AUM
- $4.1B
- Discretionary
- $4.1B
- Clients
- 10
- Avg AUM / client
- $414M
- Accounts
- 10
- Employees
- 8
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Investments (13F portfolio — 60 positions, $2,905,699,010)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | First Horizon Corporation | COM | $328,955,014 | 14,453,208 | 11.3% | 7.94% |
| 2 | Marketaxess Hldgs Inc | COM | $309,337,500 | 1,875,000 | 10.6% | 7.47% |
| 3 | Ameris Bancorp | COM | $266,978,722 | 3,423,243 | 9.19% | 6.45% |
| 4 | Keycorp | COM | $253,632,500 | 12,650,000 | 8.73% | 6.12% |
| 5 | Seacoast Bkg Corp Fla | COM NEW | $176,439,250 | 5,825,000 | 6.07% | 4.26% |
| 6 | Atlantic Un Bankshares Corp | COM | $153,145,900 | 4,285,000 | 5.27% | 3.7% |
| 7 | Alkami Technology Inc | COM | $119,875,500 | 7,650,000 | 4.13% | 2.89% |
| 8 | Visa Inc | COM CL A | $108,806,400 | 360,000 | 3.74% | 2.63% |
| 9 | Central Bancompany | COM CL A | $97,596,250 | 4,075,000 | 3.36% | 2.36% |
| 10 | Aci Worldwide Inc | COM | $91,452,300 | 2,230,000 | 3.15% | 2.21% |
| 11 | Trustmark Corp | COM | $82,296,470 | 1,952,930 | 2.83% | 1.99% |
| 12 | Prosperity Bancshares Inc | COM | $74,427,177 | 1,107,877 | 2.56% | 1.8% |
| 13 | Piper Sandler Companies | COM NEW | $73,842,580 | 964,632 | 2.54% | 1.78% |
| 14 | Eagle Bancorporation Inc | COM | $67,298,842 | 2,706,025 | 2.32% | 1.63% |
| 15 | Northern Tr Corp | COM | $41,669,880 | 298,559 | 1.43% | 1.01% |
| 16 | Tradeweb Mkts Inc | CL A | $39,659,774 | 337,071 | 1.36% | 0.96% |
| 17 | Miami Intl Hldgs Inc | COM | $39,475,544 | 1,014,274 | 1.36% | 0.95% |
| 18 | Flagstar Bank National Assoc | COM NEW | $36,744,300 | 2,790,000 | 1.26% | 0.89% |
| 19 | Fidelity Natl Information Sv | COM | $36,355,250 | 775,000 | 1.25% | 0.88% |
| 20 | First Fndtn Inc | COM | $34,879,490 | 5,911,778 | 1.2% | 0.84% |
| 21 | Schwab Charles Corp | COM | $32,893,000 | 350,000 | 1.13% | 0.79% |
| 22 | Marqeta Inc | CLASS A COM | $30,192,000 | 7,400,000 | 1.04% | 0.73% |
| 23 | Q2 Hldgs Inc | COM | $29,364,502 | 620,814 | 1.01% | 0.71% |
| 24 | Wealthfront Corp | COM | $26,688,627 | 2,885,257 | 0.92% | 0.64% |
| 25 | Banc Of California Inc | COM | $26,370,000 | 1,500,000 | 0.91% | 0.64% |
Top 25 of 60 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 1 | $298M | 7.2% |
| Pooled investment vehicles (non-investment companies) | 9 | $3.8B | 92.8% |
Private funds (1)
Reported in Form ADV Section 7.B.(1), filing of Apr 2024 · $991M combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| North Reef Capital Lp master | Hedge Fund | Delaware | $991M | 57 |
People (1)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Locasto, Daniel, Mariano | Chief Operating Officer, Chief Compliance Officer | May 2022 (4y) | Less than 5% |
Undisclosed: 95% – 100% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (1, $991M gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| North Reef Capital Lp | Hedge Fund | $991M | $1.0M | 57 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.59 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗