13F-HR 1 scc13f033103.txt SECOND CURVE CAPITAL, LLC 13F FILING FOR PERIOD ENDED 3/31/03 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, 2003 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 14, 2003 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: 34 Form 13F Information Table Value Total: $262,555 (thousands) 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 8048 2438743 SH SOLE 2438743 AMERITRADE HOLDING CORP COM 03074K100 992 200000 SH SOLE 200000 CAPITAL ONE FINANCIAL CORP COM 14040H105 41436 1380734 SH SOLE 1380734 CITIGROUP INC COM 172967101 6890 200000 SH SOLE 200000 COMMERCE BANCORP INC - N.J. COM 200519106 4983 125397 SH SOLE 125397 COMPUCREDIT CORP COM 20478N100 2039 324697 SH SOLE 324697 E-LOAN INC COM 26861P107 3976 1547000 SH SOLE 1547000 FIFTH THIRD BANCORP COM 316773100 5023 100000 SH SOLE 100000 FIRST COMMUNITY BANCORP CALIF COM 31983B101 4352 150515 SH SOLE 150515 FIRST REPUBLIC BANK COM 336158100 1342 62108 SH SOLE 62108 GOLDEN WEST FINANCIAL CORP-DEL COM 381317106 4675 65000 SH SOLE 65000 GOLDMAN SACHS GROUP INC COM 38141G104 6808 100000 SH SOLE 100000 GREATER BAY BANCORP COM 391648102 1076 75000 SH SOLE 75000 GREENPOINT FINANCIAL CO RP COM 395384100 4481 100000 SH SOLE 100000 J P MORGAN CHASE & CO COM 46625H100 14673 618836 SH SOLE 618836 LABRANCHE & CO INC COM 505447102 2757 150000 SH SOLE 150000 LENDINGTREE INC COM 52602Q105 6145 526543 SH SOLE 526543 MBIA INC COM 55262C100 12558 325000 SH SOLE 325000 MBNA CORP COM 55262L100 13169 875000 SH SOLE 875000 METRIS COMPANIES INC COM 591598107 7755 3300000 SH SOLE 3300000 NATIONAL PROCESSING INC COM 637229105 765 54956 SH SOLE 54956 NETBANK INC COM 640933107 3526 379577 SH SOLE 379577 NEW CENTURY FINANCIAL CORP COM 64352D101 3430 110000 SH SOLE 110000 PNC FINANCIAL CORP COM 693475105 5926 139830 SH SOLE 139830 PROVIDIAN FINANCIAL CORP COM 74406A102 41925 6391005 SH SOLE 6391005 RENAISSANCERE HOLDINGS LTD COM G7496G103 3451 86173 SH SOLE 86173 SOUTHWEST BANCORPORATION OF COM 84476R109 1530 50942 SH SOLE 50942 SOVEREIGN BANCORP INC COM 845905108 11437 825812 SH SOLE 825812 SYNOVUS FINANCIAL CORP COM 87161C105 2684 150000 SH SOLE 150000 TCF FINANCIAL CORP COM 872275102 10051 251030 SH SOLE 251030 UNIONBANCAL CORP COM 908906100 7970 202177 SH SOLE 202177 W R BERKLEY CORP COM 084423102 7520 175506 SH SOLE 175506 WACHOVIA CORP 2ND NEW COM 929903102 9109 267358 SH SOLE 267358 WTS DIME BANCORP INC NEW WTS 25429Q110 54 357051 SH SOLE 357051