Second Curve Capital LLC — Q1 2014 13F Holdings

Name: Second Curve Capital LLC — 13F Holdings, Q1 2014
Creator: AlphaSMO
License: https://www.sec.gov/forms

CIK: 0001136704

Total reported value

$93.1M

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	✓	iShares MSCI Singapore Index	Stock-Other	15.92%	—	—
2	BAC	Bank of America Corporation	Stock-Financials	12.87%	—	-23.98%
3	TBBK	Bancorp Inc/the	Stock-Other	11.08%	—	-8.24%
4	WLHUSD	William Lyon Homes-cl A	Stock-Other	8.43%	—	+2.50%
5	OCN2EUR	Ocwen Financial CORP	Stock-Other	6.79%	—	+40.26%
6	RM	Regional Management CORP	Stock-Other	6.23%	—	+14.28%
7	✓	Lendingtree INC New	Stock-Other	5.24%	—	-22.56%
8	OFG	Ofg Bancorp	Stock-Other	4.83%	—	+5.69%
9	C	Citigroup INC	Stock-Financials	3.55%	—	+16.29%
10	SBCF	Seacoast Banking Corp/fl	Stock-Other	3.55%	—	—
11	BZH	Beazer Homes USA INC	Stock-Other	3.30%	—	+59.08%
12	CASH	Pathward Financial INC	Stock-Other	3.30%	—	+110.75%
13	FBP	First Bancorp Puerto Rico	Stock-Other	2.21%	—	+11.50%
14	✓		Stock-Other	1.87%	—	+6.67%
15	CPSS	Consumer Portfolio Services	Stock-Other	1.71%	—	+32.56%
16	✓	First Marblehead CORP	Stock-Other	1.58%	—	—
17	ASPSZ	Altisource Portfolio Solutions S.A.	Stock-Other	1.51%	—	+41.10%
18	ZION	Zions Bancorporation, National Association	Stock-Financials	1.20%	—	+1.91%
19	FACO	First Acceptance CORP	Stock-Other	1.18%	—	+47.70%
20	SIVBEUR	Svb Financial Group	Stock-Other	1.05%	—	-41.67%
21	✓	First Security Group Inc/tn	Stock-Other	0.85%	—	—
22	JCPB	JPMorgan Core Plus Bond ETF	ETF-Other	0.82%	—	—
23	FUNC	First United CORP	Stock-Other	0.50%	—	+2.81%
24	MTH	Meritage Homes CORP	Stock-Consumer Disc	0.29%	—	—
25	BAC	Bank of America Corporation	Stock-Financials	0.16%	—	—

Position changes disclosed by Second Curve Capital LLC for the quarter ending Q1 2014, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	WLHUSD	William Lyon Homes-cl A	+2.5%	+2.50%	Add
2	CASH	Pathward Financial INC	+2%	+110.75%	Add
3	BZH	Beazer Homes USA INC	+1%	+59.08%	Add
4	BAC	Bank of America Corporation	+1%	-23.98%	Trim
5	TBBK	Bancorp Inc/the	+0.8%	-8.24%	Trim
6	OFG	Ofg Bancorp	+0.7%	+5.69%	Add
7	OCN2EUR	Ocwen Financial CORP	+0.7%	+40.26%	Add
8	ASPSZ	Altisource Portfolio Solutions S.A.	+0.6%	+41.10%	Add
9	C	Citigroup INC	+0.6%	+16.29%	Add
10	FACO	First Acceptance CORP	+0.5%	+47.70%	Add
11	✓		+0.3%	+6.67%	Add
12	FBP	First Bancorp Puerto Rico	+0.2%	+11.50%	Add
13	ZION	Zions Bancorporation, National Association	+0.2%	+1.91%	Add
14	CPSS	Consumer Portfolio Services	+0.1%	+32.56%	Add
15	FUNC	First United CORP	+0.1%	+2.81%	Add
16	BAC	Bank of America Corporation	0%	—	Unchanged
17	✓	First Security Group Inc/tn	0%	—	Unchanged
18	SIVBEUR	Svb Financial Group	-0.3%	-41.67%	Trim
19	RM	Regional Management CORP	-0.5%	+14.28%	Add
20	✓	Lendingtree INC New	-1.2%	-22.56%	Trim
21	✓	iShares MSCI Singapore Index	-2.3%	—	Unchanged
22	EVER	EverQuote, Inc.	—	EXIT	Sold out
23	✓	Seacoast Bkg CORP Fl	—	EXIT	Sold out
24	SBCF	Seacoast Banking Corp/fl	—	NEW	New buy
25	✓	First Marblehead CORP	—	EXIT	Sold out
26	PRAA	PRA Group, Inc.	—	EXIT	Sold out
27	✓	First Marblehead CORP	—	NEW	New buy
28	JCPB	JPMorgan Core Plus Bond ETF	—	NEW	New buy
29	CCBG	Capital City Bank Group INC	—	EXIT	Sold out
30	MTH	Meritage Homes CORP	—	NEW	New buy
31	EVTC	Evertec INC	—	EXIT	Sold out
32	GNW	Genworth Financial INC	—	EXIT	Sold out
33	SUN	Sunoco LP	—	EXIT	Sold out