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NFC Investments, LLC

CIK:0001512858
Hedge Fund
$2B AUM
36 holdings
Memphis, TN, United States
Founded:2004
7 employees
Latest filing:Jun 30, 2025

NFC Investments, LLC is a Memphis, Tennessee-based investment advisory firm founded in 2004. The firm specializes in managing assets for insurance companies, leveraging a value-oriented investment approach across public equities, fixed income, private investments, derivatives, and commodities. As of early 2025, it manages approximately $1.9 billion in regulatory assets under management for institutional clients and is led by CEO Charles K. Slatery and President William V. Thompson. NFC primarily serves large insurance companies, offering tailored solutions to meet regulatory requirements. The firm has a small, experienced team and operates several private funds.

Investment Strategy

NFC Investments employs a value-oriented investment strategy with a primary focus on public equities and fixed income securities. The firm diversifies its portfolios through targeted allocations to private investments, derivatives, and commodities. A significant portion of its AUM is dedicated to managing insurance company portfolios, adhering to industry-specific regulatory and risk management standards. NFC emphasizes a disciplined, long-term approach to investment selection and risk management, combining quantitative and qualitative analysis to build resilient portfolios for its institutional clients.

Top Buys
M
MTGMGIC INVESTMENT CORP
+$6.2M
D
DARDARLING INGREDIENTS INC
+$4.3M
G
GOOGALPHABET INC CAP STK
+$3.3M
A
APOAPOLLO GLOBAL MGMT INC
+$3.0M
A
AXPAMERICAN EXPRESS CO
+$2.5M
Top Sells
W
WESTWESTROCK COFFEE CO
-$6.3M
S
STRSITIO ROYALTIES CORP
-$2.4M
P
PGRPROGRESSIVE CORP OHIO
-$856.0K
O
ORIOLD REP INTL CORP
-$158.0K
L
LEN-BLENNAR CORP
-$147.0K

Top Holdings

M
MTGMGIC INVESTMENT CORP
+14.9%$52.2M
A
APOAPOLLO GLOBAL MGMT INC
+12.5%$43.7M
P
PGRPROGRESSIVE CORP OHIO
+6.6%$23.1M
W
WESTWESTROCK COFFEE CO
+6.6%$23.0M
A
AZOAUTOZONE INC
+6.5%$22.6M

Equity Positions (34)

TickerSecurityWeightMarket ValueSharesAvg CostPriceChange (QoQ)
M
MTG
MGIC INVESTMENT CORP14.93%$52.2M1,875,864$19.38$27.84+$6.2M
A
APO
APOLLO GLOBAL MGMT INC12.50%$43.7M308,147$94.85$141.87+$3.0M
P
PGR
PROGRESSIVE CORP OHIO6.60%$23.1M86,518$161.81$266.86-$856.0K
W
WEST
WESTROCK COFFEE CO6.57%$23.0M4,007,981$9.67$5.73-$6.3M
A
AZO
AUTOZONE INC6.47%$22.6M6,091$2612.60$3712.23-$64.0K

Industry Allocation

SURETY INSURANCE
+18.3%
INVESTMENT ADVICE
+12.5%
FIRE, MARINE & CASUALTY INSURANCE
+12.2%
SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC.
+12.1%
BEVERAGES
+6.8%