Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

Location: San Francisco, CA

CIK: 0001351407 · Show all filings

Period: Q1 2015 (← Previous) (Next →)

Filing Date: May 15, 2015

Total Value: $407M (100.0% shares, 0.0% debt)

Holdings (30)

— INVESTMENT TECHNOLOGY GRP NE 11.9%

Value $48.57M Shares 1,602,413 Est. Cost $18.43 Unrealized —

— KCG HLDGS INC 7.6%

Value $31.11M Shares 2,537,100 Est. Cost $11.90 Unrealized —

LSAK NET 1 UEPS TECHNOLOGIES INC 7.6%

Value $31.06M Shares 2,270,771 Est. Cost $10.71 Unrealized +21.5%

AGO ASSURED GUARANTY LTD 7.6%

Value $30.88M Shares 1,170,151 Est. Cost $18.30 Unrealized +17.2%

NNI NELNET INC 6.8%

Value $27.83M Shares 588,070 Est. Cost $36.54 Unrealized +26.3%

AER AERCAP HOLDINGS NV 4.6%

Value $18.54M Shares 424,652 Est. Cost $22.63 Unrealized +83.5%

TPVG TRIPLEPOINT VENTR GRW BDC CO 4.1%

Value $16.62M Shares 1,177,988 Est. Cost $15.73 Unrealized -7.4%

CASH META FINL GROUP INC 4.0%

Value $16.19M Shares 407,441 Est. Cost $9.39 Unrealized +17.6%

PGR PROGRESSIVE CORP OHIO 3.6%

Value $14.61M Shares 537,241 Est. Cost $18.99 Unrealized +2.7%

CNO CNO FINL GROUP INC 3.1%

Value $12.8M Shares 743,409 Est. Cost $13.55 Unrealized -3.2%

— FLY LEASING LTD 3.0%

Value $12.31M Shares 845,543 Est. Cost $13.79 Unrealized —

ALL ALLSTATE CORP 3.0%

Value $12.1M Shares 169,975 Est. Cost $55.69 Unrealized 0.0%

IVZ INVESCO LTD 2.9%

Value $11.91M Shares 300,000 Est. Cost $24.15 Unrealized 0.0%

JRVR JAMES RIV GROUP LTD 2.9%

Value $11.76M Shares 499,896 Est. Cost $22.03 Unrealized +1.4%

— SANTANDER CONSUMER USA HDG I 2.9%

Value $11.64M Shares 503,116 Est. Cost $23.14 Unrealized —

ECPG ENCORE CAP GROUP INC 2.8%

Value $11.2M Shares 269,258 Est. Cost $43.04 Unrealized -3.5%

VOYA VOYA FINL INC 2.6%

Value $10.65M Shares 247,131 Est. Cost $37.71 Unrealized 0.0%

— MARKIT LTD 2.6%

Value $10.51M Shares 390,614 Est. Cost $23.35 Unrealized —

— PATRIOT NATL INC 2.2%

Value $9.129M Shares 718,796 Est. Cost $12.70 Unrealized —

HIG HARTFORD FINL SVCS GROUP INC 2.2%

Value $8.969M Shares 214,474 Est. Cost $32.53 Unrealized 0.0%

SEIC SEI INVESTMENTS CO 1.9%

Value $7.607M Shares 172,542 Est. Cost $33.37 Unrealized +10.1%

BPOP POPULAR INC 1.9%

Value $7.598M Shares 220,931 Est. Cost $21.56 Unrealized +15.7%

TFIN TRIUMPH BANCORP INC 1.7%

Value $6.901M Shares 505,220 Est. Cost $13.63 Unrealized -4.5%

— FIFTH STR ASSET MGMT INC 1.7%

Value $6.741M Shares 598,175 Est. Cost $13.80 Unrealized —

— HERTZ GLOBAL HOLDINGS INC 1.5%

Value $6.239M Shares 287,769 Est. Cost $21.68 Unrealized —

APAM ARTISAN PARTNERS ASSET MGMT 1.5%

Value $5.955M Shares 131,000 Est. Cost $17.09 Unrealized 0.0%

— PENNYMAC FINL SVCS INC 0.6%

Value $2.536M Shares 149,462 Est. Cost $15.32 Unrealized —

MCHB HOMESTREET INC 0.6%

Value $2.532M Shares 138,206 Est. Cost $17.65 Unrealized 0.0%

— MANNING & NAPIER INC 0.5%

Value $1.966M Shares 151,124 Est. Cost $13.01 Unrealized —

— GREEN BANCORP INC 0.1%

Value $463K Shares 41,401 Est. Cost $11.18 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	INVESTMENT TECHNOLOGY GRP NE	1,602,413	$48.57M	11.9%	$18.43	—	COM	46145F105
—	KCG HLDGS INC	2,537,100	$31.11M	7.6%	$11.90	—	CL A	48244B100
LSAK	NET 1 UEPS TECHNOLOGIES INC	2,270,771	$31.06M	7.6%	$10.71	+21.5%	COM NEW	64107N206
AGO	ASSURED GUARANTY LTD	1,170,151	$30.88M	7.6%	$18.30	+17.2%	COM	G0585R106
NNI	NELNET INC	588,070	$27.83M	6.8%	$36.54	+26.3%	CL A	64031N108
AER	AERCAP HOLDINGS NV	424,652	$18.54M	4.6%	$22.63	+83.5%	SHS	N00985106
TPVG	TRIPLEPOINT VENTR GRW BDC CO	1,177,988	$16.62M	4.1%	$15.73	-7.4%	COM	89677Y100
CASH	META FINL GROUP INC	407,441	$16.19M	4.0%	$9.39	+17.6%	COM	59100U108
PGR	PROGRESSIVE CORP OHIO	537,241	$14.61M	3.6%	$18.99	+2.7%	COM	743315103
CNO	CNO FINL GROUP INC	743,409	$12.8M	3.1%	$13.55	-3.2%	COM	12621E103
—	FLY LEASING LTD	845,543	$12.31M	3.0%	$13.79	—	SPONSORED ADR	34407D109
ALL	ALLSTATE CORP	169,975	$12.1M	3.0%	$55.69	0.0%	COM	020002101
IVZ	INVESCO LTD	300,000	$11.91M	2.9%	$24.15	0.0%	SHS	G491BT108
JRVR	JAMES RIV GROUP LTD	499,896	$11.76M	2.9%	$22.03	+1.4%	COM	G5005R107
—	SANTANDER CONSUMER USA HDG I	503,116	$11.64M	2.9%	$23.14	—	COM	80283M101
ECPG	ENCORE CAP GROUP INC	269,258	$11.2M	2.8%	$43.04	-3.5%	COM	292554102
VOYA	VOYA FINL INC	247,131	$10.65M	2.6%	$37.71	0.0%	COM	929089100
—	MARKIT LTD	390,614	$10.51M	2.6%	$23.35	—	SHS	G58249106
—	PATRIOT NATL INC	718,796	$9.129M	2.2%	$12.70	—	COM	70338T102
HIG	HARTFORD FINL SVCS GROUP INC	214,474	$8.969M	2.2%	$32.53	0.0%	COM	416515104
SEIC	SEI INVESTMENTS CO	172,542	$7.607M	1.9%	$33.37	+10.1%	COM	784117103
BPOP	POPULAR INC	220,931	$7.598M	1.9%	$21.56	+15.7%	COM NEW	733174700
TFIN	TRIUMPH BANCORP INC	505,220	$6.901M	1.7%	$13.63	-4.5%	COM	89679E300
—	FIFTH STR ASSET MGMT INC	598,175	$6.741M	1.7%	$13.80	—	CL A COM	31679P109
—	HERTZ GLOBAL HOLDINGS INC	287,769	$6.239M	1.5%	$21.68	—	COM	42805T105
APAM	ARTISAN PARTNERS ASSET MGMT	131,000	$5.955M	1.5%	$17.09	0.0%	CL A	04316A108
—	PENNYMAC FINL SVCS INC	149,462	$2.536M	0.6%	$15.32	—	CL A	70932B101
MCHB	HOMESTREET INC	138,206	$2.532M	0.6%	$17.65	0.0%	COM	43785V102
—	MANNING & NAPIER INC	151,124	$1.966M	0.5%	$13.01	—	CL A	56382Q102
—	GREEN BANCORP INC	41,401	$463K	0.1%	$11.18	—	COM	39260X100