Azora Capital LP

CIK

1700272

Location

MIAMI, FL

Portfolio Value

Mid $1,587,986,313

Diversification

Diversified

Filing Date

Global Rank

#1,222 / 8,420 ▼ 78

Top Industry

Banks - Regional 35.0%

3Y Alpha vs SPY

+4.7%

Period ended 6 months ago

Filed Feb 17, 2026 · 4mo

24 quarters · since Mar 2020

Clone Performance

Jun 2023–Jun 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+99.5%

SPY

+76.3%

Annualised alpha

+5.1%

Max drawdown

−25.9%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

47 positions · as of Dec 31, 2025 · Δ vs Sep 30, 2025

Top Position

10.1%

+3.1 pts

Top 5

36.9%

+9.6 pts

Top 10

60.8%

+15.2 pts

HHI

482

Diversified+170

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Dec 31, 2025

Sector	% Portfolio	Value	Positions
Financial Services	92.3%	$1,466,338,290	39
Technology	7.7%	$121,648,023	8

Last Quarter's Activity

Export CSV

Dec 31, 2025 vs Sep 30, 2025

Added To

Positions the filer increased

18 positions

Ticker	Company	Δ Shares	Shares	Value
UWMC	UWM Holdings Corp	+7,881,586	11,296,053	$49,476,712
BBT	Beacon Financial Corp	+2,568,074	3,133,051	$82,618,554
BEN	Franklin Resources Inc	+2,554,105	5,796,575	$138,480,176
ARX	Accelerant Holdings	+1,811,976	2,439,094	$39,879,186
RELY	Remitly Global, Inc.	+964,656	2,879,568	$39,738,038
OMF	OneMain Holdings, Inc.	+924,302	1,362,934	$92,066,191
SYF	Synchrony Financial	+530,573	667,070	$55,653,650
WT	WisdomTree, Inc.	+521,179	6,150,111	$74,969,853
BRBS	Blue Ridge Bankshares, Inc.	+469,316	4,937,973	$21,085,144
HUT	Hut 8 Corp.	+444,949	690,492	$31,721,202
IBOC	International Bancshares Corp	+395,984	1,524,345	$101,277,481
C	Citigroup Inc	+289,494	802,268	$93,616,652
LPLA	LPL Financial Holdings Inc.	+94,833	448,189	$160,079,665
CCB	Coastal Financial Corp	+27,224	618,244	$70,844,579
SLNH	Soluna Holdings, Inc	+14,513	29,369	$34,361
OBT	Orange County Bancorp, Inc. /DE/	+3,679	53,679	$1,532,535
OBK	Origin Bancorp, Inc.	+659	17,012	$639,821
PGC	Peapack Gladstone Financial Corp	+431	11,058	$307,965
No positions match the current search.

Trimmed

Positions the filer reduced

12 positions

Ticker	Company	Δ Shares	Shares	Value
DBRG	DigitalBridge Group, Inc.	−3,203,014	500,720	$7,681,044
VLY	Valley National Bancorp	−1,930,197	7,798,088	$91,081,667
LC	LendingClub Corp	−1,854,613	536,577	$10,162,768
BULL	Webull Corp	−1,488,620	1,800,423	$13,989,286
KEEL	Keel Infrastructure Corp.	−1,456,346	2,637,772	$6,198,764
RIOT	Riot Platforms, Inc.	−993,694	261,233	$3,309,822
WBS	Webster Financial Corp	−651,139	764,322	$48,106,426
BTDR	Bitdeer Technologies Group	−611,585	782,038	$8,766,645
TCBI	Texas Capital Bancshares Inc/Tx	−360,780	675,833	$61,189,919
COSO	CoastalSouth Bancshares, Inc.	−90,124	308,940	$7,182,855
DAVE	Dave Inc./DE	−70,741	62,501	$13,838,346
EVR	Evercore Inc.	−10,844	118,110	$40,186,927
No positions match the current search.

New Positions

Positions the filer opened this quarter

17 positions

Ticker	Company	Shares	Value
UPST	Upstart Holdings, Inc.	882,231	$38,579,961
SCHW	Schwab Charles Corp	267,195	$26,695,452
DLO	dLocal Ltd	1,547,965	$21,888,225
NP	Neptune Insurance Holdings Inc.	743,987	$21,694,660
EWBC	East West Bancorp Inc	172,673	$19,406,718
SLM	SLM Corp	665,688	$18,013,517
SEIC	Sei Investments Co	216,465	$17,754,459
INDB	Independent Bank Corp	221,838	$16,211,921
CBC	Central Bancompany, Inc.	581,710	$14,030,845
CIFR	Cipher Digital Inc.	890,561	$13,144,680
WLTH	Wealthfront Corp	300,518	$4,084,039
COLB	Columbia Banking System, Inc.	121,708	$3,401,738
PFBC	Preferred Bank	32,882	$3,105,047
WAFD	Wafd Inc	75,357	$2,413,684
SFST	Southern First Bancshares Inc	12,526	$645,339
RBB	RBB Bancorp	30,913	$638,044
DCOM	Dime Community Bancshares, Inc. /NY/	18,669	$561,750
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BAC	Bank Of America Corp /De/	2,799,458	$144,424,038
TFC	Truist Financial Corp	2,524,440	$115,417,396
CG	Carlyle Group Inc.	1,076,083	$67,470,404
FHN	First Horizon Corp	2,668,701	$60,339,329
EBC	Eastern Bankshares, Inc.	2,597,878	$47,151,485
NU	Nu Holdings Ltd.	2,607,082	$41,739,382
FIBK	First Interstate Bancsystem Inc	1,275,693	$40,656,335
KLAR	Klarna Group plc	1,100,782	$40,343,660
PJT	PJT Partners Inc.	225,404	$40,061,052
SOFI	SoFi Technologies, Inc.	1,405,152	$37,124,115
MS	Morgan Stanley	205,630	$32,686,944
NCNO	nCino, Inc.	1,144,472	$31,026,635
STNE	StoneCo Ltd.	1,525,339	$28,844,160
TPG	TPG Inc.	435,100	$24,996,495
BGC	BGC Group, Inc.	2,265,066	$21,427,524
WTFC	Wintrust Financial Corp	152,737	$20,228,488
KMX	Carmax Inc	364,571	$16,358,300
MC	Moelis & Co	223,470	$15,937,880
CLSK	Cleanspark, Inc.	1,055,201	$15,300,414
JHG	Janus Henderson Group PLC	306,838	$13,657,359
UCB	United Community Banks Inc	428,164	$13,422,941
SFNC	Simmons First National Corp	687,380	$13,177,074
WULF	Terawulf Inc.	1,041,154	$11,889,978
KEY	Keycorp /New/	485,316	$9,070,556
ABR	Arbor Realty Trust Inc	646,728	$7,896,548
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

47 positions · $1,587,986,313 total · as of Dec 31, 2025

All sectors Financial Services Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
LPLA	LPL Financial Holdings Inc. Financial Services	Added	448,189	+94,833	$160,079,665	+36.2%	10.08%
BEN	Franklin Resources Inc Financial Services	Added	5,796,575	+2,554,105	$138,480,176	+84.6%	8.72%
IBOC	International Bancshares Corp Financial Services	Added	1,524,345	+395,984	$101,277,481	+30.6%	6.38%
C	Citigroup Inc Financial Services	Added	802,268	+289,494	$93,616,652	+79.9%	5.90%
OMF	OneMain Holdings, Inc. Financial Services	Added	1,362,934	+924,302	$92,066,191	+271.8%	5.80%
VLY	Valley National Bancorp Financial Services	Reduced	7,798,088	-1,930,197	$91,081,667	−11.7%	5.74%
BBT	Beacon Financial Corp Financial Services	Added	3,133,051	+2,568,074	$82,618,554	+516.8%	5.20%
WT	WisdomTree, Inc. Financial Services	Added	6,150,111	+521,179	$74,969,853	−4.2%	4.72%
CCB	Coastal Financial Corp Financial Services	Added	618,244	+27,224	$70,844,579	+10.8%	4.46%
TCBI	Texas Capital Bancshares Inc/Tx Financial Services	Reduced	675,833	-360,780	$61,189,919	−30.2%	3.85%
SYF	Synchrony Financial Financial Services	Added	667,070	+530,573	$55,653,650	+473.9%	3.50%
UWMC	UWM Holdings Corp Financial Services	Added	11,296,053	+7,881,586	$49,476,712	+137.9%	3.12%
WBS	Webster Financial Corp Financial Services	Reduced	764,322	-651,139	$48,106,426	−42.8%	3.03%
EVR	Evercore Inc. Financial Services	Reduced	118,110	-10,844	$40,186,927	−7.6%	2.53%
ARX	Accelerant Holdings Financial Services	Added	2,439,094	+1,811,976	$39,879,186	+327.1%	2.51%
RELY	Remitly Global, Inc. Technology	Added	2,879,568	+964,656	$39,738,038	+27.3%	2.50%
UPST	Upstart Holdings, Inc. Financial Services	NEW	882,231	NEW	$38,579,961	NEW	2.43%
HUT	Hut 8 Corp. Financial Services	Added	690,492	+444,949	$31,721,202	+271.1%	2.00%
SCHW	Schwab Charles Corp Financial Services	NEW	267,195	NEW	$26,695,452	NEW	1.68%
DLO	dLocal Ltd Technology	NEW	1,547,965	NEW	$21,888,225	NEW	1.38%
NP	Neptune Insurance Holdings Inc. Financial Services	NEW	743,987	NEW	$21,694,660	NEW	1.37%
BRBS	Blue Ridge Bankshares, Inc. Financial Services	Added	4,937,973	+469,316	$21,085,144	+11.5%	1.33%
EWBC	East West Bancorp Inc Financial Services	NEW	172,673	NEW	$19,406,718	NEW	1.22%
SLM	SLM Corp Financial Services	NEW	665,688	NEW	$18,013,517	NEW	1.13%
SEIC	Sei Investments Co Financial Services	NEW	216,465	NEW	$17,754,459	NEW	1.12%
INDB	Independent Bank Corp Financial Services	NEW	221,838	NEW	$16,211,921	NEW	1.02%
CBC	Central Bancompany, Inc. Financial Services	NEW	581,710	NEW	$14,030,845	NEW	0.88%
BULL	Webull Corp Technology	Reduced	1,800,423	-1,488,620	$13,989,286	−71.2%	0.88%
DAVE	Dave Inc./DE Technology	Reduced	62,501	-70,741	$13,838,346	−47.9%	0.87%
CIFR	Cipher Digital Inc. Technology	NEW	890,561	NEW	$13,144,680	NEW	0.83%
LC	LendingClub Corp Financial Services	Reduced	536,577	-1,854,613	$10,162,768	−72.0%	0.64%
BTDR	Bitdeer Technologies Group Technology	Reduced	782,038	-611,585	$8,766,645	−63.2%	0.55%
DBRG	DigitalBridge Group, Inc. Financial Services	Reduced	500,720	-3,203,014	$7,681,044	−82.3%	0.48%
COSO	CoastalSouth Bancshares, Inc. Financial Services	Reduced	308,940	-90,124	$7,182,855	−17.5%	0.45%
KEEL	Keel Infrastructure Corp. Technology	Reduced	2,637,772	-1,456,346	$6,198,764	−46.3%	0.39%
WLTH	Wealthfront Corp Technology	NEW	300,518	NEW	$4,084,039	NEW	0.26%
COLB	Columbia Banking System, Inc. Financial Services	NEW	121,708	NEW	$3,401,738	NEW	0.21%
RIOT	Riot Platforms, Inc. Financial Services	Reduced	261,233	-993,694	$3,309,822	−86.1%	0.21%
PFBC	Preferred Bank Financial Services	NEW	32,882	NEW	$3,105,047	NEW	0.20%
WAFD	Wafd Inc Financial Services	NEW	75,357	NEW	$2,413,684	NEW	0.15%
OBT	Orange County Bancorp, Inc. /DE/ Financial Services	Added	53,679	+3,679	$1,532,535	+21.6%	0.10%
SFST	Southern First Bancshares Inc Financial Services	NEW	12,526	NEW	$645,339	NEW	0.04%
OBK	Origin Bancorp, Inc. Financial Services	Added	17,012	+659	$639,821	+13.3%	0.04%
RBB	RBB Bancorp Financial Services	NEW	30,913	NEW	$638,044	NEW	0.04%
DCOM	Dime Community Bancshares, Inc. /NY/ Financial Services	NEW	18,669	NEW	$561,750	NEW	0.04%
PGC	Peapack Gladstone Financial Corp Financial Services	Added	11,058	+431	$307,965	+5.0%	0.02%
SLNH	Soluna Holdings, Inc Financial Services	Added	29,369	+14,513	$34,361	−1.6%	0.00%