Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q1 2016 (← Previous) (Next →)

Filing Date: May 16, 2016

Total Value ($000): $454,621 (100.0% shares, 0.0% debt)

Holdings (42)

— INVESTMENT TECHNOLOGY GRP NEW 8.3%

Value ($000) $37,827 Shares 1,711,624 Est. Cost $15.93 Unrealized —

LSAK NET 1 UEPS TECHNOLOGIES INC 5.9%

Value ($000) $26,686 Shares 2,900,628 Est. Cost $11.32 Unrealized -10.9%

CASH META FINL GROUP INC 5.2%

Value ($000) $23,846 Shares 522,938 Est. Cost $10.67 Unrealized +22.3%

AGO ASSURED GUARANTY LTD 5.1%

Value ($000) $23,330 Shares 922,143 Est. Cost $18.69 Unrealized +11.0%

— KCG HLDGS INC 4.5%

Value ($000) $20,476 Shares 1,713,498 Est. Cost $11.94 Unrealized —

CAR AVIS BUDGET GROUP 3.7%

Value ($000) $16,963 Shares 620,000 Est. Cost $25.96 Unrealized 0.0%

TPVG TRIPLEPOINT VENTURE GROWTH B 3.4%

Value ($000) $15,245 Shares 1,451,865 Est. Cost $15.04 Unrealized -31.5%

LGIH LGI HOMES INC 3.1%

Value ($000) $14,209 Shares 586,886 Est. Cost $25.01 Unrealized -11.0%

— PENNYMAC FINL SVCS INC 3.1%

Value ($000) $13,929 Shares 1,184,398 Est. Cost $16.00 Unrealized —

— STORE CAP CORP 3.0%

Value ($000) $13,776 Shares 532,310 Est. Cost $25.88 Unrealized —

LOPE GRAND CANYON ED INC 3.0%

Value ($000) $13,602 Shares 318,245 Est. Cost $42.19 Unrealized -8.7%

LKQ LKQ CORP 2.9%

Value ($000) $13,251 Shares 415,000 Est. Cost $25.04 Unrealized 0.0%

— LEGACY TEX FINL GROUP INC 2.9%

Value ($000) $13,001 Shares 661,615 Est. Cost $19.65 Unrealized —

— OM ASSET MGMT PLC 2.9%

Value ($000) $12,983 Shares 972,526 Est. Cost $16.30 Unrealized —

AER AERCAP HOLDINGS NV 2.7%

Value ($000) $12,088 Shares 311,879 Est. Cost $33.90 Unrealized 0.0%

— XL GROUP PLC 2.5%

Value ($000) $11,227 Shares 305,075 Est. Cost $37.97 Unrealized —

— ARGO GROUP INTL HLDGS LTD 2.2%

Value ($000) $9,909 Shares 172,657 Est. Cost $57.96 Unrealized —

— BOFI HLDG INC 2.2%

Value ($000) $9,799 Shares 459,163 Est. Cost $21.34 Unrealized —

— QTS RLTY TR INC 2.1%

Value ($000) $9,713 Shares 205,000 Est. Cost $47.38 Unrealized —

HMN HORACE MANN EDUCATORS CORP N 2.1%

Value ($000) $9,442 Shares 297,960 Est. Cost $33.77 Unrealized -9.2%

GDOT GREEN DOT CORP 2.0%

Value ($000) $9,208 Shares 400,857 Est. Cost $19.41 Unrealized 0.0%

— TD AMERITRADE HLDG CORP 2.0%

Value ($000) $9,147 Shares 290,100 Est. Cost $31.53 Unrealized —

— E TRADE FINANCIAL CORP 2.0%

Value ($000) $9,124 Shares 372,579 Est. Cost $24.49 Unrealized —

— ENDURANCE SPECIALTY HLDGS LT 2.0%

Value ($000) $8,870 Shares 135,745 Est. Cost $64.19 Unrealized —

EXR EXTRA SPACE STORAGE INC 1.9%

Value ($000) $8,464 Shares 90,561 Est. Cost $59.97 Unrealized 0.0%

MCHB HOMESTREET INC 1.8%

Value ($000) $7,999 Shares 384,386 Est. Cost $20.01 Unrealized 0.0%

— MONOGRAM RESIDENTIAL TR INC 1.7%

Value ($000) $7,656 Shares 776,459 Est. Cost $9.86 Unrealized —

— CORESITE RLTY CORP 1.7%

Value ($000) $7,632 Shares 109,017 Est. Cost $70.01 Unrealized —

HIG HARTFORD FINL SVCS GROUP INC 1.7%

Value ($000) $7,574 Shares 164,361 Est. Cost $33.43 Unrealized +1.6%

CB CHUBB LIMITED 1.6%

Value ($000) $7,453 Shares 62,554 Est. Cost $96.06 Unrealized 0.0%

FR FIRST INDUSTRIAL REALTY TRUS 1.5%

Value ($000) $6,822 Shares 300,000 Est. Cost $22.74 Unrealized —

BFH ALLIANCE DATA SYSTEMS CORP 1.4%

Value ($000) $6,179 Shares 28,088 Est. Cost $150.81 Unrealized 0.0%

MBI MBIA INC 1.4%

Value ($000) $6,178 Shares 698,051 Est. Cost $2.80 Unrealized +13.3%

CSGP COSTAR GROUP INC 1.3%

Value ($000) $6,021 Shares 32,000 Est. Cost $17.71 Unrealized 0.0%

— SL GREEN RLTY CORP 1.3%

Value ($000) $5,958 Shares 61,500 Est. Cost $96.88 Unrealized —

— PERFORMANT FINL CORP 1.3%

Value ($000) $5,802 Shares 3,413,137 Est. Cost $2.02 Unrealized —

JRVR JAMES RIV GROUP LTD 1.2%

Value ($000) $5,334 Shares 165,356 Est. Cost $22.32 Unrealized +43.6%

CTRE CARETRUST REIT INC 0.8%

Value ($000) $3,441 Shares 270,970 Est. Cost $12.70 Unrealized —

SUI SUN CMNTYS INC 0.3%

Value ($000) $1,432 Shares 20,000 Est. Cost $71.60 Unrealized —

— FBR & CO 0.3%

Value ($000) $1,299 Shares 71,791 Est. Cost $20.21 Unrealized —

MITK MITEK SYS INC 0.2%

Value ($000) $900 Shares 137,581 Est. Cost $5.12 Unrealized 0.0%

— TERRITORIAL BANCORP INC 0.2%

Value ($000) $826 Shares 31,681 Est. Cost $26.07 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	INVESTMENT TECHNOLOGY GRP NEW	1,711,624	$37,827	8.3%	$15.93	—	COM	46145F105
LSAK	NET 1 UEPS TECHNOLOGIES INC	2,900,628	$26,686	5.9%	$11.32	-10.9%	COM NEW	64107N206
CASH	META FINL GROUP INC	522,938	$23,846	5.2%	$10.67	+22.3%	COM	59100U108
AGO	ASSURED GUARANTY LTD	922,143	$23,330	5.1%	$18.69	+11.0%	COM	G0585R106
—	KCG HLDGS INC	1,713,498	$20,476	4.5%	$11.94	—	CL A	48244B100
CAR	AVIS BUDGET GROUP	620,000	$16,963	3.7%	$25.96	0.0%	COM	053774105
TPVG	TRIPLEPOINT VENTURE GROWTH B	1,451,865	$15,245	3.4%	$15.04	-31.5%	COM	89677Y100
LGIH	LGI HOMES INC	586,886	$14,209	3.1%	$25.01	-11.0%	COM	50187T106
—	PENNYMAC FINL SVCS INC	1,184,398	$13,929	3.1%	$16.00	—	CL A	70932B101
—	STORE CAP CORP	532,310	$13,776	3.0%	$25.88	—	COM	862121100
LOPE	GRAND CANYON ED INC	318,245	$13,602	3.0%	$42.19	-8.7%	COM	38526M106
LKQ	LKQ CORP	415,000	$13,251	2.9%	$25.04	0.0%	COM	501889208
—	LEGACY TEX FINL GROUP INC	661,615	$13,001	2.9%	$19.65	—	COM	52471Y106
—	OM ASSET MGMT PLC	972,526	$12,983	2.9%	$16.30	—	SHS	G67506108
AER	AERCAP HOLDINGS NV	311,879	$12,088	2.7%	$33.90	0.0%	SHS	N00985106
—	XL GROUP PLC	305,075	$11,227	2.5%	$37.97	—	SHS	G98290102
—	ARGO GROUP INTL HLDGS LTD	172,657	$9,909	2.2%	$57.96	—	COM	G0464B107
—	BOFI HLDG INC	459,163	$9,799	2.2%	$21.34	—	COM	05566U108
—	QTS RLTY TR INC	205,000	$9,713	2.1%	$47.38	—	COM CL A	74736A103
HMN	HORACE MANN EDUCATORS CORP N	297,960	$9,442	2.1%	$33.77	-9.2%	COM	440327104
GDOT	GREEN DOT CORP	400,857	$9,208	2.0%	$19.41	0.0%	CL A	39304D102
—	TD AMERITRADE HLDG CORP	290,100	$9,147	2.0%	$31.53	—	COM	87236Y108
—	E TRADE FINANCIAL CORP	372,579	$9,124	2.0%	$24.49	—	COM NEW	269246401
—	ENDURANCE SPECIALTY HLDGS LT	135,745	$8,870	2.0%	$64.19	—	SHS	G30397106
EXR	EXTRA SPACE STORAGE INC	90,561	$8,464	1.9%	$59.97	0.0%	COM	30225T102
MCHB	HOMESTREET INC	384,386	$7,999	1.8%	$20.01	0.0%	COM	43785V102
—	MONOGRAM RESIDENTIAL TR INC	776,459	$7,656	1.7%	$9.86	—	COM	60979P105
—	CORESITE RLTY CORP	109,017	$7,632	1.7%	$70.01	—	COM	21870Q105
HIG	HARTFORD FINL SVCS GROUP INC	164,361	$7,574	1.7%	$33.43	+1.6%	COM	416515104
CB	CHUBB LIMITED	62,554	$7,453	1.6%	$96.06	0.0%	COM	H1467J104
FR	FIRST INDUSTRIAL REALTY TRUS	300,000	$6,822	1.5%	$22.74	—	COM	32054K103
BFH	ALLIANCE DATA SYSTEMS CORP	28,088	$6,179	1.4%	$150.81	0.0%	COM	018581108
MBI	MBIA INC	698,051	$6,178	1.4%	$2.80	+13.3%	COM	55262C100
CSGP	COSTAR GROUP INC	32,000	$6,021	1.3%	$17.71	0.0%	COM	22160N109
—	SL GREEN RLTY CORP	61,500	$5,958	1.3%	$96.88	—	COM	78440X101
—	PERFORMANT FINL CORP	3,413,137	$5,802	1.3%	$2.02	—	COM	71377E105
JRVR	JAMES RIV GROUP LTD	165,356	$5,334	1.2%	$22.32	+43.6%	COM	G5005R107
CTRE	CARETRUST REIT INC	270,970	$3,441	0.8%	$12.70	—	COM	14174T107
SUI	SUN CMNTYS INC	20,000	$1,432	0.3%	$71.60	—	COM	866674104
—	FBR & CO	71,791	$1,299	0.3%	$20.21	—	COM NEW	30247C400
MITK	MITEK SYS INC	137,581	$900	0.2%	$5.12	0.0%	COM NEW	606710200
—	TERRITORIAL BANCORP INC	31,681	$826	0.2%	$26.07	—	COM	88145X108