Azora Capital LP
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Azora Capital LP reported 57 stock positions worth $2.2 billion. Its top holding was Synchrony Financial (SYF) at 6.2% of the portfolio, followed by LPL Financial (LPLA, 6.1%) and Webster Financial (WBS, 5.8%). Compared with Q3 2024, it opened 24 new positions, sold out of 15, added to 16 and reduced 17. The biggest buy was Synchrony Financial (SYF, shares +700%) and the biggest sale an exit from MercadoLibre (MELI).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001700272
- Portfolio Value
- $2.2B (Q4 2024)
- SEC Filing
- 0001013594-25-000272 ↗ filed Feb 14, 2025
Holdings Value
Holdings 57 stocks · $2.2B
| SYF Synchrony Financial | 6.15% | 2,107,839 | $137.0M | Add +700.5% |
| LPLA LPL Financial Holdings Inc. | 6.10% | 416,185 | $135.9M | Reduce -35.3% |
| WBS Webster Financial Corp. | 5.79% | 2,334,116 | $128.9M | Add +23.9% |
| SCHW Schwab (charles) Corp. | 5.76% | 1,734,159 | $128.3M | Add +827.3% |
| DNB Dun & Bradstreet Holdings Inc. | 5.16% | 9,213,826 | $114.8M | Add +15.6% |
| WT Wisdomtree Inc. | 4.99% | 10,576,624 | $111.1M | Reduce -0.3% |
| PNFP Pinnacle Financial Partners | 4.70% | 913,936 | $104.5M | Add +39.2% |
| FHN First Horizon Corp. | 4.33% | 4,787,999 | $96.4M | Reduce -14.2% |
| TFC Truist Financial Corp. | 4.05% | 2,080,387 | $90.2M | New |
| STT State Street Corp. | 3.61% | 818,075 | $80.3M | New |
| CMA Comerica Inc. | 3.43% | 1,235,685 | $76.4M | Reduce -44.6% |
| SOFI Sofi Technologies Inc. | 3.06% | 4,419,345 | $68.1M | Add +1.6% |
| PWP Perella Weinberg Partners | 2.67% | 2,492,789 | $59.4M | Add +3.4% |
| C Citigroup Inc. | 2.22% | 703,529 | $49.5M | Add +172.5% |
| IBOC International Bancshares CRP | 2.09% | 737,586 | $46.6M | Reduce -18.5% |
| WFC Wells Fargo & Co. | 2.05% | 648,932 | $45.6M | New |
| RITM Rithm Capital Corp. | 2.03% | 4,182,780 | $45.3M | Reduce -4.6% |
| AVDX Avidxchange Holdings Inc. | 2.02% | 4,358,498 | $45.1M | New |
| RIOT Riot Platforms Inc. | 2.00% | 4,358,272 | $44.5M | New |
| AAMI Acadian Asset Management Inc. filed as BRIGHTSPHERE INVT GROUP INC | 1.85% | 1,565,866 | $41.2M | Reduce -22.8% |
| OMF Onemain Holdings Inc. | 1.78% | 760,598 | $39.6M | New |
| DLO Dlocal Ltd. | 1.67% | 3,298,717 | $37.1M | New |
| CCB Coastal Financial Corp. | 1.52% | 397,994 | $33.8M | New |
| LSPD Lightspeed Commerce Inc. | 1.44% | 1,460,772 | $32.0M | Add +1.5% |
| FLG Flagstar Bank NA | 1.25% | 2,988,502 | $27.9M | Add +461.2% |
| COF Capital One Financial Corp. | 1.22% | 152,531 | $27.2M | Reduce -20.0% |
| KEY Keycorp | 1.19% | 1,551,073 | $26.6M | Reduce -71.9% |
| FFWM First Foundation Inc. | 1.16% | 4,153,917 | $25.8M | Add +1.6% |
| TCBI Texas Capital Bancshares Inc. | 1.13% | 322,659 | $25.2M | New |
| JHG Janus Henderson Group PLC | 0.93% | 489,196 | $20.8M | New |
| IVZ Invesco Ltd. | 0.92% | 1,170,658 | $20.5M | Reduce -24.7% |
| HOOD Robinhood Markets Inc. Class A | 0.92% | 548,147 | $20.4M | Reduce -83.9% |
| UMBF Umb Financial Corp. | 0.91% | 179,645 | $20.3M | Reduce -55.2% |
| PPBI Pacific Premier Bancorp Inc. | 0.84% | 747,779 | $18.6M | Add +54.4% |
| STNE Stoneco Ltd. Class A | 0.80% | 2,228,318 | $17.8M | Add +305.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.62% | 315,833 | $13.9M | New |
| UPST Upstart Holdings Inc. | 0.61% | 221,480 | $13.6M | Reduce -32.8% |
| BFH Bread Financial Holdings Inc. | 0.61% | 221,823 | $13.5M | New |
| EBC Eastern Bankshares Inc. | 0.61% | 782,565 | $13.5M | New |
| KMX Carmax Inc. | 0.60% | 163,148 | $13.3M | New |
| CG The Carlyle Group Inc. | 0.60% | 262,789 | $13.3M | New |
| TPG TPG Inc. | 0.55% | 193,931 | $12.2M | New |
| AMTB Amerant Bancorp Inc. | 0.54% | 536,963 | $12.0M | Reduce -0.2% |
| ENFN Enfusion Inc. Class A | 0.46% | 1,000,967 | $10.3M | Add +3255.9% |
| MKTX Marketaxess Holdings Inc. | 0.44% | 43,756 | $9.9M | Reduce -17.7% |
| ABR Arbor Realty Trust Inc. | 0.42% | 669,053 | $9.3M | Reduce -42.9% |
| BRBS Blue Ridge Bankshares Inc. | 0.40% | 2,740,778 | $8.8M | Add +1.9% |
| PAGS Pagseguro Digital Ltd. Class A | 0.39% | 1,374,369 | $8.6M | New |
| BGC BGC Group Inc. Class A | 0.29% | 715,390 | $6.5M | New |
| FISI Financial Institutions Inc. | 0.28% | 227,658 | $6.2M | New |
| FULT Fulton Financial Corp. | 0.27% | 306,937 | $5.9M | Add +1.1% |
| COIN Coinbase Global Inc. Class A | 0.21% | 19,256 | $4.8M | Reduce -94.0% |
| PRG Prog Holdings Inc. | 0.15% | 79,150 | $3.3M | New |
| DFS Discover Financial Services | 0.12% | 14,836 | $2.6M | New |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.04% | 31,874 | $980K | New |
| ASB Associated Banc-Corp. | 0.04% | 35,659 | $852K | New |
| MQ Marqeta Inc. | 0.01% | 48,256 | $183K | New |
Portfolio Sells Q3 2024 → Q4 2024
| MELI MercadoLibre Inc. | Sold out | 0.00% | −4.63 |
| KEY Keycorp | Reduce -71.9% | 1.19% | −3.80 |
| CMA Comerica Inc. | Reduce -44.6% | 3.43% | −3.79 |
| NCNO Ncino Inc. | Sold out | 0.00% | −3.52 |
| FCNCA First Citizens Bcshs Class A | Sold out | 0.00% | −3.43 |
| HOOD Robinhood Markets Inc. Class A | Reduce -83.9% | 0.92% | −3.40 |
| COIN Coinbase Global Inc. Class A | Reduce -94.0% | 0.21% | −2.90 |
| LPLA LPL Financial Holdings Inc. | Reduce -35.3% | 6.10% | −1.99 |
| XYZ Block Inc. | Sold out | 0.00% | −1.83 |
| PAYO Payoneer Global Inc. | Sold out | 0.00% | −1.73 |
| UMBF Umb Financial Corp. | Reduce -55.2% | 0.91% | −1.37 |
| KREF KKR Real Estate Finance Trus | Sold out | 0.00% | −1.09 |
| AAMI Acadian Asset Management Inc. | Reduce -22.8% | 1.85% | −0.93 |
| IBOC International Bancshares CRP | Reduce -18.5% | 2.09% | −0.84 |
| WT Wisdomtree Inc. | Reduce -0.3% | 4.99% | −0.74 |
| SE Sea Ltd.-ADR | Sold out | 0.00% | −0.74 |
| LAZ Lazard Inc. | Sold out | 0.00% | −0.73 |
| HLI Houlihan Lokey Inc. | Sold out | 0.00% | −0.72 |
| BANC Banc of California Inc. | Sold out | 0.00% | −0.68 |
| RITM Rithm Capital Corp. | Reduce -4.6% | 2.03% | −0.66 |
| ABR Arbor Realty Trust Inc. | Reduce -42.9% | 0.42% | −0.57 |
| IVZ Invesco Ltd. | Reduce -24.7% | 0.92% | −0.56 |
| CFFN Capitol Federal Financial Inc. | Sold out | 0.00% | −0.46 |
| DBRG Digitalbridge Group Inc. | Sold out | 0.00% | −0.40 |
| FHN First Horizon Corp. | Reduce -14.2% | 4.33% | −0.36 |
| COF Capital One Financial Corp. | Reduce -20.0% | 1.22% | −0.32 |
| MKTX Marketaxess Holdings Inc. | Reduce -17.7% | 0.44% | −0.29 |
| NYAX Nayax Ltd. | Sold out | 0.00% | −0.14 |
| UPST Upstart Holdings Inc. | Reduce -32.8% | 0.61% | −0.10 |
| AMTB Amerant Bancorp Inc. | Reduce -0.2% | 0.54% | −0.08 |
| FORGE GLOBAL HOLDINGS INC | Sold out | 0.00% | −0.02 |
| KRE SS SPDR S&P Regional Bank | Sold out | 0.00% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| SYF Synchrony Financial | Add +700.5% | 6.15% | +5.44 |
| SCHW Schwab (charles) Corp. | Add +827.3% | 5.76% | +5.11 |
| TFC Truist Financial Corp. | New | 4.05% | +4.05 |
| STT State Street Corp. | New | 3.61% | +3.61 |
| WFC Wells Fargo & Co. | New | 2.05% | +2.05 |
| AVDX Avidxchange Holdings Inc. | New | 2.02% | +2.02 |
| RIOT Riot Platforms Inc. | New | 2.00% | +2.00 |
| OMF Onemain Holdings Inc. | New | 1.78% | +1.78 |
| DLO Dlocal Ltd. | New | 1.67% | +1.67 |
| CCB Coastal Financial Corp. | New | 1.52% | +1.52 |
| C Citigroup Inc. | Add +172.5% | 2.22% | +1.35 |
| PNFP Pinnacle Financial Partners | Add +39.2% | 4.70% | +1.22 |
| SOFI Sofi Technologies Inc. | Add +1.6% | 3.06% | +1.21 |
| TCBI Texas Capital Bancshares Inc. | New | 1.13% | +1.13 |
| WBS Webster Financial Corp. | Add +23.9% | 5.79% | +1.04 |
| JHG Janus Henderson Group PLC | New | 0.93% | +0.93 |
| FLG Flagstar Bank NA | Add +461.2% | 1.25% | +0.93 |
| BAC Bank of America Corp. | New | 0.62% | +0.62 |
| BFH Bread Financial Holdings Inc. | New | 0.61% | +0.61 |
| EBC Eastern Bankshares Inc. | New | 0.61% | +0.61 |
| KMX Carmax Inc. | New | 0.60% | +0.60 |
| CG The Carlyle Group Inc. | New | 0.60% | +0.60 |
| TPG TPG Inc. | New | 0.55% | +0.55 |
| STNE Stoneco Ltd. Class A | Add +305.0% | 0.80% | +0.46 |
| ENFN Enfusion Inc. Class A | Add +3255.9% | 0.46% | +0.45 |
| PAGS Pagseguro Digital Ltd. Class A | New | 0.39% | +0.39 |
| BGC BGC Group Inc. Class A | New | 0.29% | +0.29 |
| FISI Financial Institutions Inc. | New | 0.28% | +0.28 |
| DNB Dun & Bradstreet Holdings Inc. | Add +15.6% | 5.16% | +0.19 |
| PPBI Pacific Premier Bancorp Inc. | Add +54.4% | 0.84% | +0.18 |
| PWP Perella Weinberg Partners | Add +3.4% | 2.67% | +0.15 |
| PRG Prog Holdings Inc. | New | 0.15% | +0.15 |
| DFS Discover Financial Services | New | 0.12% | +0.12 |
| DCOM Dime Commercial Bancshares I | New | 0.04% | +0.04 |
| ASB Associated Banc-Corp. | New | 0.04% | +0.04 |
| MQ Marqeta Inc. | New | 0.01% | +0.01 |
| BRBS Blue Ridge Bankshares Inc. | Add +1.9% | 0.40% | −0.01 |
| FULT Fulton Financial Corp. | Add +1.1% | 0.27% | −0.03 |
| FFWM First Foundation Inc. | Add +1.6% | 1.16% | −0.22 |
| LSPD Lightspeed Commerce Inc. | Add +1.5% | 1.44% | −0.30 |
Notes & Other Activity Q3 2024 → Q4 2024
| COMPOSECURE HOLDINGS LLC | DEBT 7.000%12/1 · principal | Sold out | 5,000,000 | $7.4Mbefore exit |
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 |