Azora Capital LP
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), Azora Capital LP reported 53 stock positions worth $1.4 billion. Its top holding was LPL Financial (LPLA) at 8.0% of the portfolio, followed by Comerica (CMA, 8.0%) and Wisdomtree (WT, 5.7%). Compared with Q4 2023, it opened 21 new positions, sold out of 12, added to 20 and reduced 11. The biggest buy was a new position in Huntington Bancshares (HBAN) and the biggest sale an exit from Citigroup (C).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001700272
- Portfolio Value
- $1.4B (Q1 2024)
- SEC Filing
- 0001013594-24-000476 ↗ filed May 15, 2024
Holdings Value
Holdings 53 stocks · $1.4B
| LPLA LPL Financial Holdings Inc. | 8.00% | 416,556 | $110.1M | Add +27.5% |
| CMA Comerica Inc. | 7.98% | 1,996,346 | $109.8M | Add +75.3% |
| WT Wisdomtree Inc. | 5.74% | 8,591,172 | $79.0M | Add +10.2% |
| WBS Webster Financial Corp. | 5.32% | 1,440,863 | $73.2M | Reduce -2.5% |
| HBAN Huntington Bancshares Inc. | 4.01% | 3,959,512 | $55.2M | New |
| KEY Keycorp | 3.79% | 3,299,533 | $52.2M | Reduce -8.3% |
| SEIC Sei Investments Company | 3.24% | 620,782 | $44.6M | New |
| BANC Banc of California Inc. | 3.22% | 2,911,727 | $44.3M | New |
| FCNCA First Citizens Bcshs Class A | 3.08% | 25,879 | $42.3M | Add +85.3% |
| AAMI Acadian Asset Management Inc. filed as BRIGHTSPHERE INVT GROUP INC | 2.81% | 1,691,581 | $38.6M | Reduce -20.0% |
| DFS Discover Financial Services | 2.60% | 272,869 | $35.8M | New |
| COLB Columbia Banking System Inc. | 2.46% | 1,750,583 | $33.9M | New |
| IBOC International Bancshares CRP | 2.45% | 599,220 | $33.6M | Add +8.4% |
| RPAY Repay Holdings Corp. | 2.39% | 2,990,653 | $32.9M | Add +10.7% |
| EVR Evercore Inc. Class A | 2.38% | 170,278 | $32.8M | New |
| LSPD Lightspeed Commerce Inc. | 2.35% | 2,295,494 | $32.3M | Add +45.4% |
| FCFS Firstcash Holdings Inc. | 2.24% | 241,387 | $30.8M | New |
| PWP Perella Weinberg Partners | 2.24% | 2,178,394 | $30.8M | Add +410.2% |
| ALKT Alkami Technology Inc. | 2.23% | 1,251,003 | $30.7M | Add +18.6% |
| ALLY Ally Financial Inc. | 2.18% | 738,474 | $30.0M | Add +98.3% |
| FHN First Horizon Corp. | 2.14% | 1,913,012 | $29.5M | New |
| NRDS Nerdwallet Inc. Class A | 2.11% | 1,972,114 | $29.0M | Add +87.1% |
| SOFI Sofi Technologies Inc. | 1.95% | 3,675,875 | $26.8M | Add +45.7% |
| FFWM First Foundation Inc. | 1.92% | 3,495,839 | $26.4M | Add +15.2% |
| MELI MercadoLibre Inc. | 1.87% | 16,997 | $25.7M | Reduce -46.4% |
| NCNO Ncino Inc. | 1.73% | 637,890 | $23.8M | Reduce -25.2% |
| TFC Truist Financial Corp. | 1.65% | 583,794 | $22.8M | Reduce -70.3% |
| RITM Rithm Capital Corp. | 1.64% | 2,023,703 | $22.6M | New |
| UBS UBS Group AG-Reg | 1.54% | 687,607 | $21.2M | Add +2.7% |
| AMK Assetmark Financial Holdings | 1.33% | 518,531 | $18.4M | Add +11.4% |
| TRU Transunion | 1.32% | 227,407 | $18.1M | New |
| TOST Toast Inc. Class A | 1.16% | 640,795 | $16.0M | New |
| AVDX Avidxchange Holdings Inc. | 0.83% | 868,978 | $11.4M | Add +260.6% |
| JPM JPMorgan Chase & Co. | 0.82% | 56,293 | $11.3M | Reduce -79.5% |
| MKTX Marketaxess Holdings Inc. | 0.79% | 49,676 | $10.9M | New |
| FHI Federated Hermes Inc. | 0.79% | 299,438 | $10.8M | New |
| FLYW Flywire Corp.-Voting | 0.68% | 378,833 | $9.4M | Add +16.8% |
| FDS Factset Research Systems Inc. | 0.63% | 18,962 | $8.6M | New |
| CFFN Capitol Federal Financial Inc. | 0.57% | 1,307,113 | $7.8M | Add +66.8% |
| COIN Coinbase Global Inc. Class A | 0.52% | 26,824 | $7.1M | New |
| ABR Arbor Realty Trust Inc. | 0.46% | 479,890 | $6.4M | Reduce -51.2% |
| HAPN Happen Inc. filed as LENDINGCLUB CORP | 0.44% | 687,840 | $6.0M | New |
| COF Capital One Financial Corp. | 0.44% | 40,240 | $6.0M | New |
| UPST Upstart Holdings Inc. | 0.41% | 210,241 | $5.7M | New |
| RIOT Riot Platforms Inc. | 0.41% | 458,594 | $5.6M | Add +31.1% |
| MQ Marqeta Inc. | 0.40% | 931,899 | $5.6M | Reduce -71.2% |
| NVEI Nuvei Corp.-Subordinate VTG | 0.25% | 110,158 | $3.5M | Reduce -71.7% |
| NYAX Nayax Ltd. | 0.17% | 91,850 | $2.4M | New |
| RKT Rocket Cos Inc. Class A | 0.14% | 134,215 | $2.0M | New |
| UWMC Uwm Holdings Corp. | 0.10% | 195,308 | $1.4M | Reduce -79.2% |
| FORGE GLOBAL HOLDINGS INC | 0.05% | 340,237 | $657K | New |
| ENFN Enfusion Inc. Class A | 0.02% | 35,961 | $333K | Add +159.7% |
| EXFY Expensify Inc. Class A | 0.00% | 24,583 | $45K | No change |
Other holdings (1): bonds, preferreds, convertibles and warrants · $4.9M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| COMPOSECURE HOLDINGS LLC | DEBT 7.000%12/1 · principal | 5,000,000 | $4.9M | New |
Total filed on the 13F, all lines: $1.4B.
Portfolio Sells Q4 2023 → Q1 2024
| C Citigroup Inc. | Sold out | 0.00% | −5.93 |
| TFC Truist Financial Corp. | Reduce -70.3% | 1.65% | −4.92 |
| JPM JPMorgan Chase & Co. | Reduce -79.5% | 0.82% | −3.42 |
| MELI MercadoLibre Inc. | Reduce -46.4% | 1.87% | −2.65 |
| PB Prosperity Bancshares Inc. | Sold out | 0.00% | −2.43 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −2.42 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −1.77 |
| STNE Stoneco Ltd. Class A | Sold out | 0.00% | −1.67 |
| MQ Marqeta Inc. | Reduce -71.2% | 0.40% | −1.64 |
| WBS Webster Financial Corp. | Reduce -2.5% | 5.32% | −1.48 |
| BGC BGC Group Inc. Class A | Sold out | 0.00% | −1.11 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −1.05 |
| MC Moelis & Co. Class A | Sold out | 0.00% | −0.96 |
| KEY Keycorp | Reduce -8.3% | 3.79% | −0.91 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.90 |
| ABR Arbor Realty Trust Inc. | Reduce -51.2% | 0.46% | −0.89 |
| NCNO Ncino Inc. | Reduce -25.2% | 1.73% | −0.87 |
| AAMI Acadian Asset Management Inc. | Reduce -20.0% | 2.81% | −0.87 |
| NVEI Nuvei Corp.-Subordinate VTG | Reduce -71.7% | 0.25% | −0.68 |
| UWMC Uwm Holdings Corp. | Reduce -79.2% | 0.10% | −0.50 |
| JEF Jefferies Financial Group Inc. | Sold out | 0.00% | −0.49 |
| BFH Bread Financial Holdings Inc. | Sold out | 0.00% | −0.48 |
| AFRM Affirm Holdings Inc. | Sold out | 0.00% | −0.35 |
Portfolio Buys Q4 2023 → Q1 2024
| HBAN Huntington Bancshares Inc. | New | 4.01% | +4.01 |
| SEIC Sei Investments Company | New | 3.24% | +3.24 |
| BANC Banc of California Inc. | New | 3.22% | +3.22 |
| DFS Discover Financial Services | New | 2.60% | +2.60 |
| COLB Columbia Banking System Inc. | New | 2.46% | +2.46 |
| EVR Evercore Inc. Class A | New | 2.38% | +2.38 |
| FCFS Firstcash Holdings Inc. | New | 2.24% | +2.24 |
| CMA Comerica Inc. | Add +75.3% | 7.98% | +2.22 |
| FHN First Horizon Corp. | New | 2.14% | +2.14 |
| PWP Perella Weinberg Partners | Add +410.2% | 2.24% | +1.76 |
| RITM Rithm Capital Corp. | New | 1.64% | +1.64 |
| TRU Transunion | New | 1.32% | +1.32 |
| FCNCA First Citizens Bcshs Class A | Add +85.3% | 3.08% | +1.28 |
| LPLA LPL Financial Holdings Inc. | Add +27.5% | 8.00% | +1.26 |
| TOST Toast Inc. Class A | New | 1.16% | +1.16 |
| ALLY Ally Financial Inc. | Add +98.3% | 2.18% | +1.00 |
| WT Wisdomtree Inc. | Add +10.2% | 5.74% | +0.84 |
| MKTX Marketaxess Holdings Inc. | New | 0.79% | +0.79 |
| FHI Federated Hermes Inc. | New | 0.79% | +0.79 |
| NRDS Nerdwallet Inc. Class A | Add +87.1% | 2.11% | +0.70 |
| FDS Factset Research Systems Inc. | New | 0.63% | +0.63 |
| AVDX Avidxchange Holdings Inc. | Add +260.6% | 0.83% | +0.56 |
| COIN Coinbase Global Inc. Class A | New | 0.52% | +0.52 |
| HAPN Happen Inc. | New | 0.44% | +0.44 |
| COF Capital One Financial Corp. | New | 0.44% | +0.44 |
| UPST Upstart Holdings Inc. | New | 0.41% | +0.41 |
| RPAY Repay Holdings Corp. | Add +10.7% | 2.39% | +0.30 |
| NYAX Nayax Ltd. | New | 0.17% | +0.17 |
| RKT Rocket Cos Inc. Class A | New | 0.14% | +0.14 |
| CFFN Capitol Federal Financial Inc. | Add +66.8% | 0.57% | +0.11 |
| AMK Assetmark Financial Holdings | Add +11.4% | 1.33% | +0.07 |
| FORGE GLOBAL HOLDINGS INC | New | 0.05% | +0.05 |
| ENFN Enfusion Inc. Class A | Add +159.7% | 0.02% | +0.01 |
| FLYW Flywire Corp.-Voting | Add +16.8% | 0.68% | +0.00 |
| RIOT Riot Platforms Inc. | Add +31.1% | 0.41% | −0.08 |
| ALKT Alkami Technology Inc. | Add +18.6% | 2.23% | −0.08 |
| IBOC International Bancshares CRP | Add +8.4% | 2.45% | −0.28 |
| SOFI Sofi Technologies Inc. | Add +45.7% | 1.95% | −0.33 |
| UBS UBS Group AG-Reg | Add +2.7% | 1.54% | −0.34 |
| LSPD Lightspeed Commerce Inc. | Add +45.4% | 2.35% | −0.66 |
| FFWM First Foundation Inc. | Add +15.2% | 1.92% | −0.74 |
Options Activity Q4 2023 → Q1 2024
| SOFI Sofi Technologies Inc. | put | Sold out | 6,133,400 | $61.0Mbefore exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q4 2023 → Q1 2024
| COMPOSECURE HOLDINGS LLC | DEBT 7.000%12/1 · principal | New | 5,000,000 | $4.9M |
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 47 | $2.4B | BAC, BEN, VLY, LPLA, WT |
| Q1 2026 | 45 | $1.5B | LPLA, BEN, VLY, BBT, IBOC |
| Q4 2025 | 47 | $1.6B | LPLA, BEN, IBOC, C, OMF |
| Q3 2025 | 63 | $2.2B | BAC, LPLA, TFC, VLY, TCBI |
| Q2 2025 | 58 | $2.2B | LPLA, BAC, CMA, WBS, KEY |
| Q1 2025 | 41 | $1.5B | LPLA, BAC, SCHW, CMA, PNFP |
| Q4 2024 | 57 | $2.2B | SYF, LPLA, WBS, SCHW, DNB |
| Q3 2024 | 48 | $1.8B | LPLA, CMA, WT, KEY, DNB |
| Q2 2024 | 51 | $1.7B | SYF, LPLA, FHN, CMA, FCNCA |
| Q1 2024 | 53 | $1.4B | LPLA, CMA, WT, WBS, HBAN |