13F-HR 1 scc13f033102.txt SECOND CURVE CAPITAL 13F FILING FOR PERIOD ENDING 3/31/02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F-HR Form 13F COVER PAGE Report for the Calendar Year of Quarter Ended: March 31 2002 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.):[ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Second Curve Capital, LLC Address: 200 Park Avenue Suite 3300 New York, NY 10166 Form 13F File Number: 028-06413 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing this Report on Behalf of Reporting Manager: Name: Stephen Krug Title: Chief Operating Officer Phone: 212-808-3546 Signature, Place, and Date of Signing: Stephen Krug New York, NY May 15, 2002 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. Form 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 32 Form 13F Information Table Value Total: $381745053 List of Other Included Managers: None FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE AMERICREDIT CORP COM 03060R101 40982 1078767 SH SOLE 1078767 AMERITRADE HOLDING CORP-CL A COM 03072H109 15220 2345200 SH SOLE 2345200 BAY VIEW CAPITAL CORP - DEL CL A 07262L101 8960 1310000 SH SOLE 1310000 BLACKROCK INC CL A COM 09247X101 2246 50354 SH SOLE 50354 CAPITAL ONE FINANCIAL CORP COM 14040H105 25546 400101 SH SOLE 400101 CHARTER ONE FINANCIAL INC COM 160903100 13269 425000 SH SOLE 425000 CHECKFREE CORP NEW COM 162813109 9198 600000 SH SOLE 600000 COMMERCE BANCORP INC - N.J. COM 200519106 3675 81848 SH SOLE 81848 COMPUCREDIT CORP COM 20478N100 4970 868874 SH SOLE 868874 CORILLIAN CORP COM 218725109 2993 906897 SH SOLE 906897 FIRST REPUBLIC BANK COM 336158100 13033 458908 SH SOLE 458908 FIRST TENNESSEE NATIONAL CORP COM 337162101 3505 100000 SH SOLE 100000 GOLDEN STATE BANCORP INC COM 381197102 16472 554800 SH SOLE 554800 KEYCORP NEW CL A 493267108 3998 150000 SH SOLE 150000 LENDINGTREE INC COM 52602Q105 7017 523622 SH SOLE 523622 METRIS COMPANIES INC COM 591598107 30602 1530100 SH SOLE 1530100 NATIONAL PROCESSING INC COM 637229105 5747 201089 SH SOLE 201089 NEXTCARD INC COM 65332K107 0 3534804 SH SOLE 3534804 NORTH FORK BANCORPORATION INC COM 659424105 7112 200000 SH SOLE 200000 PNC FINANCIAL CORP COM 693475105 8486 138000 SH SOLE 138000 PROGRESSIVE CORP-OHIO COM 743315103 16671 100056 SH SOLE 100056 PROSPERITY BANCSHARES INC COM 743606105 4297 132000 SH SOLE 132000 PROVIDIAN FINANCIAL CORP COM 74406A102 25293 3350000 SH SOLE 3350000 ***RENAISSANCERE HOLDINGS LTD COM G7496G103 20240 196500 SH SOLE 196500 RESOURCE BANCSHARES MORTGAGE COM 761197102 2149 112477 SH SOLE 112477 SAFECO CORP COM 786429100 10732 334965 SH SOLE 334965 SOUTHWEST BANCORPORATION OF COM 84476R109 8668 260000 SH SOLE 260000 SOVEREIGN BANCORP INC COM 845905108 23464 1670033 SH SOLE 1670033 UNIONBANCAL CORP COM 908906100 27850 632676 SH SOLE 632676 W R BERKLEY CORP COM 084423102 19304 335837 SH SOLE 335837 WTS DIME BANCORP INC NEW COM 25429Q110 46 357051 SH SOLE 357051