North Reef Capital Management LP

Position in V — Visa Inc.

CIK 1867831 LAGUNA BEACH, CA

Position in V

as of Mar 31, 2026 · filed May 15, 2026 Compact

Position Value

$108,806,400

+$14,114,700 QoQ

Shares Held

360,000

+33.3% QoQ

Ownership

0.020%

of shares outstanding

% of Portfolio

3.72%

of 13F equity value

Holder Rank

—

not a current holder

Holding Since

Sep 2023

6 quarters on record

Voting authority Sole 100.ToString("F0")% Shared 0.ToString("F0")% None 0.ToString("F0")%

Financial Services · as of Mar 31, 2026

North Reef Capital Management LP holds $140,497,427 across 5 Credit Services names. V ranks #1 (77.4% of the industry book) .

#	Ticker	Company	Shares	Value (USD)
1	V	Visa Inc. This page	360,000	$108,806,400
2	AXP	American Express Co	50,000	$15,124,000
3	JCAP	Jefferson Capital, Inc. / DE	532,151	$10,233,263
4	COF	Capital One Financial Corp	18,659	$3,403,961
5	KLAR	Klarna Group plc	223,820	$2,929,803

6 filing rows on record

Report Date	Value (USD)	Shares	Change	Type	Discretion	Filed
2026-03-31	$108,806,400	360,000	+33.3%	Shares	Sole	2026-05-15
2025-12-31	$94,691,700	270,000	+157.1%	Shares	Sole	2026-02-17
2025-09-30	$35,844,900	105,000	-25.0%	Shares	Sole	2025-11-14
2025-06-30	$49,707,000	140,000	+180.0%	Shares	Sole	2025-08-14
2025-03-31	$17,523,000	50,000	-37.5%	Shares	Sole	2025-05-15
2023-09-30	$18,400,800	80,000	—	Shares	Sole	2023-11-13
No filing history on record for this holder in this stock.