Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q2 2013 (Next →)

Filing Date: Aug 14, 2013

Total Value ($000): $360,158 (100.0% shares, 0.0% debt)

Holdings (30)

NNI NELNET INC 8.0%

Value ($000) $28,758 Shares 796,846 Est. Cost $35.78 Unrealized 0.0%

AGO ASSURED GUARANTY LTD 7.4%

Value ($000) $26,546 Shares 1,203,342 Est. Cost $17.51 Unrealized 0.0%

GNW GENWORTH FINL INC 7.1%

Value ($000) $25,492 Shares 2,234,141 Est. Cost $10.41 Unrealized 0.0%

NBHC NATIONAL BK HLDGS CORP 5.9%

Value ($000) $21,194 Shares 1,075,814 Est. Cost $14.46 Unrealized 0.0%

— PHH CORP 5.5%

Value ($000) $19,964 Shares 979,610 Est. Cost $20.38 Unrealized —

— THL CR INC 5.3%

Value ($000) $19,033 Shares 1,252,963 Est. Cost $15.19 Unrealized —

ARCC ARES CAP CORP 4.8%

Value ($000) $17,352 Shares 1,008,819 Est. Cost $5.23 Unrealized 0.0%

— TOTAL SYS SVCS INC 4.0%

Value ($000) $14,303 Shares 584,254 Est. Cost $24.48 Unrealized —

STWD STARWOOD PPTY TR INC 3.7%

Value ($000) $13,464 Shares 544,002 Est. Cost $24.75 Unrealized —

— DST SYS INC DEL 3.7%

Value ($000) $13,170 Shares 201,587 Est. Cost $65.33 Unrealized —

— LYON WILLIAM HOMES 3.6%

Value ($000) $12,972 Shares 514,573 Est. Cost $25.21 Unrealized —

CASH META FINL GROUP INC 3.6%

Value ($000) $12,828 Shares 488,129 Est. Cost $8.13 Unrealized 0.0%

BXMT BLACKSTONE MTG TR INC 3.5%

Value ($000) $12,661 Shares 512,605 Est. Cost $24.70 Unrealized —

— TOWER GROUP INTL LTD 3.4%

Value ($000) $12,254 Shares 597,468 Est. Cost $20.51 Unrealized —

AER AERCAP HOLDINGS NV 3.3%

Value ($000) $11,844 Shares 678,375 Est. Cost $16.06 Unrealized 0.0%

— NEWCASTLE INVT CORP 3.2%

Value ($000) $11,418 Shares 2,183,133 Est. Cost $5.23 Unrealized —

— CREDIT SUISSE GROUP 3.1%

Value ($000) $11,327 Shares 428,090 Est. Cost $26.46 Unrealized —

MS MORGAN STANLEY 3.1%

Value ($000) $11,160 Shares 456,807 Est. Cost $17.33 Unrealized 0.0%

AGM FEDERAL AGRIC MTG CORP 2.9%

Value ($000) $10,358 Shares 358,644 Est. Cost $20.93 Unrealized 0.0%

MET METLIFE INC 2.7%

Value ($000) $9,783 Shares 213,798 Est. Cost $24.43 Unrealized 0.0%

— E TRADE FINANCIAL CORP 2.1%

Value ($000) $7,522 Shares 594,133 Est. Cost $12.66 Unrealized —

OSG AMBAC FINL GROUP INC 2.0%

Value ($000) $7,234 Shares 303,568 Est. Cost $24.24 Unrealized 0.0%

ACHC ACADIA HEALTHCARE COMPANY IN 1.5%

Value ($000) $5,516 Shares 166,786 Est. Cost $32.45 Unrealized 0.0%

IBKR INTERACTIVE BROKERS GROUP IN 1.5%

Value ($000) $5,295 Shares 331,576 Est. Cost $3.45 Unrealized 0.0%

— INVESTMENT TECHNOLOGY GRP NE 1.5%

Value ($000) $5,266 Shares 376,669 Est. Cost $13.98 Unrealized —

— AMERICA FIRST TAX EX IVS L P 1.3%

Value ($000) $4,610 Shares 681,997 Est. Cost $6.76 Unrealized —

— METROCORP BANCSHARES INC 1.2%

Value ($000) $4,407 Shares 451,494 Est. Cost $9.76 Unrealized —

— FORTEGRA FINL CORP 0.9%

Value ($000) $3,180 Shares 462,869 Est. Cost $6.87 Unrealized —

— AMTRUST FINANCIAL SERVICES I 0.2%

Value ($000) $868 Shares 24,307 Est. Cost $35.71 Unrealized —

— SWS GROUP INC 0.1%

Value ($000) $379 Shares 69,543 Est. Cost $5.45 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
NNI	NELNET INC	796,846	$28,758	8.0%	$35.78	0.0%	CL A	64031N108
AGO	ASSURED GUARANTY LTD	1,203,342	$26,546	7.4%	$17.51	0.0%	COM	G0585R106
GNW	GENWORTH FINL INC	2,234,141	$25,492	7.1%	$10.41	0.0%	COM CL A	37247D106
NBHC	NATIONAL BK HLDGS CORP	1,075,814	$21,194	5.9%	$14.46	0.0%	CL A	633707104
—	PHH CORP	979,610	$19,964	5.5%	$20.38	—	COM NEW	693320202
—	THL CR INC	1,252,963	$19,033	5.3%	$15.19	—	COM	872438106
ARCC	ARES CAP CORP	1,008,819	$17,352	4.8%	$5.23	0.0%	COM	04010L103
—	TOTAL SYS SVCS INC	584,254	$14,303	4.0%	$24.48	—	COM	891906109
STWD	STARWOOD PPTY TR INC	544,002	$13,464	3.7%	$24.75	—	COM	85571B105
—	DST SYS INC DEL	201,587	$13,170	3.7%	$65.33	—	COM	233326107
—	LYON WILLIAM HOMES	514,573	$12,972	3.6%	$25.21	—	CL A NEW	552074700
CASH	META FINL GROUP INC	488,129	$12,828	3.6%	$8.13	0.0%	COM	59100U108
BXMT	BLACKSTONE MTG TR INC	512,605	$12,661	3.5%	$24.70	—	COM CL A	09257W100
—	TOWER GROUP INTL LTD	597,468	$12,254	3.4%	$20.51	—	COM	G8988C105
AER	AERCAP HOLDINGS NV	678,375	$11,844	3.3%	$16.06	0.0%	SHS	N00985106
—	NEWCASTLE INVT CORP	2,183,133	$11,418	3.2%	$5.23	—	COM	65105M108
—	CREDIT SUISSE GROUP	428,090	$11,327	3.1%	$26.46	—	SPONSORED ADR	225401108
MS	MORGAN STANLEY	456,807	$11,160	3.1%	$17.33	0.0%	COM NEW	617446448
AGM	FEDERAL AGRIC MTG CORP	358,644	$10,358	2.9%	$20.93	0.0%	CL C	313148306
MET	METLIFE INC	213,798	$9,783	2.7%	$24.43	0.0%	COM	59156R108
—	E TRADE FINANCIAL CORP	594,133	$7,522	2.1%	$12.66	—	COM NEW	269246401
OSG	AMBAC FINL GROUP INC	303,568	$7,234	2.0%	$24.24	0.0%	COM NEW	023139884
ACHC	ACADIA HEALTHCARE COMPANY IN	166,786	$5,516	1.5%	$32.45	0.0%	COM	00404A109
IBKR	INTERACTIVE BROKERS GROUP IN	331,576	$5,295	1.5%	$3.45	0.0%	COM	45841N107
—	INVESTMENT TECHNOLOGY GRP NE	376,669	$5,266	1.5%	$13.98	—	COM	46145F105
—	AMERICA FIRST TAX EX IVS L P	681,997	$4,610	1.3%	$6.76	—	BEN UNIT CTF	02364V107
—	METROCORP BANCSHARES INC	451,494	$4,407	1.2%	$9.76	—	COM	591650106
—	FORTEGRA FINL CORP	462,869	$3,180	0.9%	$6.87	—	COM	34954W104
—	AMTRUST FINANCIAL SERVICES I	24,307	$868	0.2%	$35.71	—	COM	032359309
—	SWS GROUP INC	69,543	$379	0.1%	$5.45	—	COM	78503N107