A Fund Just Opened an $82 Million Position in Trustmark. Here’s What Investors Should Know
Key takeaways
- According to a May 15, 2026, SEC filing, North Reef Capital Management established a new position in Trustmark Corporation (NASDAQ:TRMK) during the first quarter, acquiring 1,952,930 shares.
- This was a new position for North Reef Capital Management LP, representing 2.8% of its 13F reportable assets under management as of March 31, 2026.
- NYSE: FHN: $328.96 million (11.3% of AUM)
Jonathan Ponciano, The Motley Fool Sat, May 16, 2026 at 11:35 PM GMT+7 4 min read TRMK FHN MKTX On May 15, 2026, North Reef Capital Management disclosed a new position in Trustmark Corporation (NASDAQ:TRMK), acquiring 1,952,930 shares in the first quarter—an estimated $82.37 million trade based on quarterly average pricing.
According to a May 15, 2026, SEC filing, North Reef Capital Management established a new position in Trustmark Corporation (NASDAQ:TRMK) during the first quarter, acquiring 1,952,930 shares. The estimated value of the trade was $82.37 million, based on the average closing price for the quarter. At quarter end, the position was valued at $82.30 million, reflecting both the purchase and market price changes.
This was a new position for North Reef Capital Management LP, representing 2.8% of its 13F reportable assets under management as of March 31, 2026.