Azora Capital LP
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), Azora Capital LP reported 41 stock positions worth $1.5 billion. Its top holding was LPL Financial (LPLA) at 9.8% of the portfolio, followed by Bank of America (BAC, 9.5%) and Schwab (charles) (SCHW, 8.6%). Compared with Q4 2024, it opened 9 new positions, sold out of 25, added to 17 and reduced 15. The biggest buy was Bank of America (BAC, shares +959%) and the biggest sale an exit from Synchrony Financial (SYF).
- Most Recent 13F
- Q2 2026
- Location
- MIAMI, FL
- CIK
- 0001700272
- Portfolio Value
- $1.5B (Q1 2025)
- SEC Filing
- 0001013594-25-000661 ↗ filed May 15, 2025
Holdings Value
Holdings 41 stocks · $1.5B
| LPLA LPL Financial Holdings Inc. | 9.82% | 442,434 | $144.7M | Add +6.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 9.47% | 3,344,363 | $139.6M | Add +958.9% |
| SCHW Schwab (charles) Corp. | 8.61% | 1,619,583 | $126.8M | Reduce -6.6% |
| CMA Comerica Inc. | 7.61% | 1,899,198 | $112.2M | Add +53.7% |
| PNFP Pinnacle Financial Partners | 7.19% | 998,474 | $105.9M | Add +9.3% |
| WT Wisdomtree Inc. | 5.49% | 9,069,642 | $80.9M | Reduce -14.3% |
| WBS Webster Financial Corp. | 5.06% | 1,446,038 | $74.5M | Reduce -38.0% |
| FLG Flagstar Bank NA | 5.03% | 6,379,777 | $74.1M | Add +113.5% |
| IBOC International Bancshares CRP | 4.05% | 947,229 | $59.7M | Add +28.4% |
| CCB Coastal Financial Corp. | 3.65% | 594,142 | $53.7M | Add +49.3% |
| RITM Rithm Capital Corp. | 2.65% | 3,410,097 | $39.0M | Reduce -18.5% |
| KEY Keycorp | 2.52% | 2,319,853 | $37.1M | Add +49.6% |
| OMF Onemain Holdings Inc. | 2.36% | 710,883 | $34.7M | Reduce -6.5% |
| PWP Perella Weinberg Partners | 2.28% | 1,821,865 | $33.5M | Reduce -26.9% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 2.08% | 2,992,760 | $30.6M | New |
| SEIC Sei Investments Company | 1.96% | 371,665 | $28.9M | New |
| TCBI Texas Capital Bancshares Inc. | 1.95% | 385,424 | $28.8M | Add +19.4% |
| STNE Stoneco Ltd. Class A | 1.84% | 2,583,510 | $27.1M | Add +15.9% |
| SOFI Sofi Technologies Inc. | 1.78% | 2,252,335 | $26.2M | Reduce -49.0% |
| COIN Coinbase Global Inc. Class A | 1.60% | 136,754 | $23.6M | Add +610.2% |
| RIOT Riot Platforms Inc. | 1.47% | 3,044,080 | $21.7M | Reduce -30.1% |
| MELI MercadoLibre Inc. | 1.41% | 10,677 | $20.8M | New |
| EBC Eastern Bankshares Inc. | 1.40% | 1,257,901 | $20.6M | Add +60.7% |
| DLO Dlocal Ltd. | 1.14% | 2,015,004 | $16.8M | Reduce -38.9% |
| RKT Rocket Cos Inc. Class A | 1.09% | 1,332,096 | $16.1M | New |
| FDS Factset Research Systems Inc. | 1.03% | 33,506 | $15.2M | New |
| BGC BGC Group Inc. Class A | 0.77% | 1,231,874 | $11.3M | Add +72.2% |
| AMTB Amerant Bancorp Inc. | 0.73% | 520,996 | $10.8M | Reduce -3.0% |
| BRBS Blue Ridge Bankshares Inc. | 0.65% | 2,951,385 | $9.6M | Add +7.7% |
| COF Capital One Financial Corp. | 0.50% | 40,976 | $7.3M | Reduce -73.1% |
| PYPL PayPal Holdings Inc. | 0.44% | 98,892 | $6.5M | New |
| FULT Fulton Financial Corp. | 0.37% | 302,353 | $5.5M | Reduce -1.5% |
| FISI Financial Institutions Inc. | 0.35% | 208,819 | $5.2M | Reduce -8.3% |
| FHN First Horizon Corp. | 0.31% | 232,944 | $4.5M | Reduce -95.1% |
| FFWM First Foundation Inc. | 0.31% | 871,559 | $4.5M | Reduce -79.0% |
| IWM iShares Russell 2000 ETF | 0.28% | 20,861 | $4.2M | New |
| NCNO Ncino Inc. | 0.24% | 130,324 | $3.6M | New |
| EFSI Eagle Financial Services Inc. | 0.22% | 99,885 | $3.3M | New |
| PRG Prog Holdings Inc. | 0.15% | 85,572 | $2.3M | Add +8.1% |
| DCOM Dime Commercial Bancshares I filed as DIME CMNTY BANCSHARES INC | 0.07% | 34,506 | $962K | Add +8.3% |
| ASB Associated Banc-Corp. | 0.06% | 38,523 | $868K | Add +8.0% |
Portfolio Sells Q4 2024 → Q1 2025
| SYF Synchrony Financial | Sold out | 0.00% | −6.15 |
| DNB Dun & Bradstreet Holdings Inc. | Sold out | 0.00% | −5.16 |
| TFC Truist Financial Corp. | Sold out | 0.00% | −4.05 |
| FHN First Horizon Corp. | Reduce -95.1% | 0.31% | −4.02 |
| STT State Street Corp. | Sold out | 0.00% | −3.61 |
| C Citigroup Inc. | Sold out | 0.00% | −2.22 |
| WFC Wells Fargo & Co. | Sold out | 0.00% | −2.05 |
| AVDX Avidxchange Holdings Inc. | Sold out | 0.00% | −2.02 |
| AAMI Acadian Asset Management Inc. | Sold out | 0.00% | −1.85 |
| LSPD Lightspeed Commerce Inc. | Sold out | 0.00% | −1.44 |
| SOFI Sofi Technologies Inc. | Reduce -49.0% | 1.78% | −1.28 |
| JHG Janus Henderson Group PLC | Sold out | 0.00% | −0.93 |
| IVZ Invesco Ltd. | Sold out | 0.00% | −0.92 |
| HOOD Robinhood Markets Inc. Class A | Sold out | 0.00% | −0.92 |
| UMBF Umb Financial Corp. | Sold out | 0.00% | −0.91 |
| FFWM First Foundation Inc. | Reduce -79.0% | 0.31% | −0.85 |
| PPBI Pacific Premier Bancorp Inc. | Sold out | 0.00% | −0.84 |
| WBS Webster Financial Corp. | Reduce -38.0% | 5.06% | −0.73 |
| COF Capital One Financial Corp. | Reduce -73.1% | 0.50% | −0.72 |
| UPST Upstart Holdings Inc. | Sold out | 0.00% | −0.61 |
| BFH Bread Financial Holdings Inc. | Sold out | 0.00% | −0.61 |
| KMX Carmax Inc. | Sold out | 0.00% | −0.60 |
| CG The Carlyle Group Inc. | Sold out | 0.00% | −0.60 |
| TPG TPG Inc. | Sold out | 0.00% | −0.55 |
| DLO Dlocal Ltd. | Reduce -38.9% | 1.14% | −0.53 |
| RIOT Riot Platforms Inc. | Reduce -30.1% | 1.47% | −0.53 |
| ENFN Enfusion Inc. Class A | Sold out | 0.00% | −0.46 |
| MKTX Marketaxess Holdings Inc. | Sold out | 0.00% | −0.44 |
| ABR Arbor Realty Trust Inc. | Sold out | 0.00% | −0.42 |
| PWP Perella Weinberg Partners | Reduce -26.9% | 2.28% | −0.39 |
| PAGS Pagseguro Digital Ltd. Class A | Sold out | 0.00% | −0.39 |
| DFS Discover Financial Services | Sold out | 0.00% | −0.12 |
| MQ Marqeta Inc. | Sold out | 0.00% | −0.01 |
| FISI Financial Institutions Inc. | Reduce -8.3% | 0.35% | +0.07 |
| FULT Fulton Financial Corp. | Reduce -1.5% | 0.37% | +0.11 |
| AMTB Amerant Bancorp Inc. | Reduce -3.0% | 0.73% | +0.19 |
| WT Wisdomtree Inc. | Reduce -14.3% | 5.49% | +0.50 |
| OMF Onemain Holdings Inc. | Reduce -6.5% | 2.36% | +0.58 |
| RITM Rithm Capital Corp. | Reduce -18.5% | 2.65% | +0.62 |
| SCHW Schwab (charles) Corp. | Reduce -6.6% | 8.61% | +2.84 |
Portfolio Buys Q4 2024 → Q1 2025
| BAC Bank of America Corp. | Add +958.9% | 9.47% | +8.85 |
| CMA Comerica Inc. | Add +53.7% | 7.61% | +4.18 |
| FLG Flagstar Bank NA | Add +113.5% | 5.03% | +3.78 |
| LPLA LPL Financial Holdings Inc. | Add +6.3% | 9.82% | +3.72 |
| PNFP Pinnacle Financial Partners | Add +9.3% | 7.19% | +2.49 |
| CCB Coastal Financial Corp. | Add +49.3% | 3.65% | +2.13 |
| NU Nu Holdings Ltd./Cayman Isl-A | New | 2.08% | +2.08 |
| IBOC International Bancshares CRP | Add +28.4% | 4.05% | +1.96 |
| SEIC Sei Investments Company | New | 1.96% | +1.96 |
| MELI MercadoLibre Inc. | New | 1.41% | +1.41 |
| COIN Coinbase Global Inc. Class A | Add +610.2% | 1.60% | +1.38 |
| KEY Keycorp | Add +49.6% | 2.52% | +1.32 |
| RKT Rocket Cos Inc. Class A | New | 1.09% | +1.09 |
| STNE Stoneco Ltd. Class A | Add +15.9% | 1.84% | +1.04 |
| FDS Factset Research Systems Inc. | New | 1.03% | +1.03 |
| TCBI Texas Capital Bancshares Inc. | Add +19.4% | 1.95% | +0.82 |
| EBC Eastern Bankshares Inc. | Add +60.7% | 1.40% | +0.79 |
| BGC BGC Group Inc. Class A | Add +72.2% | 0.77% | +0.48 |
| PYPL PayPal Holdings Inc. | New | 0.44% | +0.44 |
| IWM iShares Russell 2000 ETF | New | 0.28% | +0.28 |
| BRBS Blue Ridge Bankshares Inc. | Add +7.7% | 0.65% | +0.26 |
| NCNO Ncino Inc. | New | 0.24% | +0.24 |
| EFSI Eagle Financial Services Inc. | New | 0.22% | +0.22 |
| DCOM Dime Commercial Bancshares I | Add +8.3% | 0.07% | +0.02 |
| ASB Associated Banc-Corp. | Add +8.0% | 0.06% | +0.02 |
| PRG Prog Holdings Inc. | Add +8.1% | 0.15% | +0.00 |
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 |