Jefferson Capital, Inc. / DE (JCAP)
NASDAQ · Banking & Credit · Short-Term Business Credit Institutions
- Price
- $19.89
- Day
- -1.78%
- Market cap
- $1.14B
- P/E
- 7.4
Close 2026-09-22.
The company
Business Model Portfolio Purchasing We purchase portfolios of nonperforming loans, and occasionally those that are performing but with significant credit deterioration, through either single portfolio transactions, referred to as spot sales, or through the pre-arranged purchase of multiple portfolios at regular intervals, referred to as forward flow sales. Under a forward flow contract, we agree to purchase statistically similar nonperforming loan portfolios from credit grantors on a periodic basis at a pre-negotiated price over a specified time period, generally from six months to a year. When we purchase portfolios with credit deterioration, we find that our expertise in evaluating and managing charged-off accounts allows us to confidently manage such portfolios with a higher level of credit risk than a buyer without that level of expertise would be comfortable. In such instances, a portfolio may include a mix of loans that are delinquent and restructured as well as a significant amount of charged-off or nonperforming loans, as was the case with the Conn’s Portfolio, and with a high level of risk that more of the current loans will become delinquent over time and eventually need to be charged-off. In these cases, we can offer the seller the convenience of purchasing all its loan assets together as opposed to bidding for only a single category of loan, which might result in a seller needing to transact with multiple counterparties.
From Item 1: Business Model · Portfolio Purchasing.
By business segment
- United States — 73%
- Canada — 12%
- United Kingdom — 8%
- Latin America — 7%
Institutional holders
Largest positions reported on Form 13F for the quarter ended 2026-06-30, by value.
- ADAGE CAPITAL PARTNERS GP, L.L.C. — $36.17M
- WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC — $35.18M
- PRINCIPAL FINANCIAL GROUP INC — $33.28M
- WELLINGTON MANAGEMENT GROUP LLP — $33.16M
- PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. — $28.17M
- BlackRock, Inc. — $16.85M
- GOLDMAN SACHS GROUP INC — $16.05M
- VANGUARD CAPITAL MANAGEMENT LLC — $14.65M
Insider trades
Open-market buys and sales filed on Form 4, newest first. Grants, option exercises and tax withholding are left out.
- Person Penelope JoAnn (Chief Commercial Officer) sold 246 shares at $22.04 on 2026-08-25
- Zellmann Mark Joseph (President US Business Lines) sold 56,000 shares at $23.75 on 2026-08-17
- Burton David M. (SEE REMARKS) sold 385,000 shares at $20.50 on 2026-01-09
- JCF Associates IV L.P. (TenPercentOwner) sold 11,000,000 shares at $19.63 on 2026-01-09
- Burton David M. (SEE REMARKS) sold 424,296 shares at $15.00 on 2025-06-27
- JCF Associates IV L.P. (TenPercentOwner) sold 6,021,280 shares at $15.00 on 2025-06-27
Recent filings
- 4 — 2026-08-26
- 144 — 2026-08-25
- 8-K — 2026-08-21
- 4 — 2026-08-19
- 8-K — 2026-08-18
- 144 — 2026-08-17
- 10-Q — 2026-08-13
- 8-K — 2026-08-13
- SCHEDULE 13G/A — 2026-08-13
- EFFECT — 2026-07-17