Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

Total Value ($000): $441,383 (100.0% shares, 0.0% debt)

Holdings (32)

CXW CORECIVIC INC 6.8%

Value ($000) $29,833 Shares 949,490 Est. Cost $14.21 Unrealized +63.1%

AGO ASSURED GUARANTY LTD 6.0%

Value ($000) $26,673 Shares 718,750 Est. Cost $19.87 Unrealized +71.6%

VRTS VIRTUS INVT PARTNERS INC 4.8%

Value ($000) $21,134 Shares 199,570 Est. Cost $86.40 Unrealized 0.0%

— INVESTMENT TECHNOLOGY GRP NE 4.3%

Value ($000) $18,929 Shares 934,748 Est. Cost $16.72 Unrealized —

MUFG MITSUBISHI UFJ FINL GROUP IN 4.2%

Value ($000) $18,726 Shares 2,953,612 Est. Cost $6.17 Unrealized —

JRVR JAMES RIV GROUP LTD 4.1%

Value ($000) $17,957 Shares 418,978 Est. Cost $39.16 Unrealized +6.0%

— FIRST DATA CORP NEW 4.1%

Value ($000) $17,934 Shares 1,157,014 Est. Cost $14.19 Unrealized —

GEO GEO GROUP INC NEW 4.0%

Value ($000) $17,864 Shares 385,244 Est. Cost $12.71 Unrealized +51.7%

NTB BANK OF NT BUTTERFIELD&SON L 3.7%

Value ($000) $16,197 Shares 507,593 Est. Cost $16.16 Unrealized +33.7%

PLD PROLOGIS INC 3.4%

Value ($000) $15,221 Shares 293,397 Est. Cost $39.63 Unrealized 0.0%

CNA CNA FINL CORP 3.4%

Value ($000) $15,137 Shares 342,708 Est. Cost $18.76 Unrealized +21.3%

AMG AFFILIATED MANAGERS GROUP 3.4%

Value ($000) $15,086 Shares 92,022 Est. Cost $152.27 Unrealized +0.7%

— HUDSON PAC PPTYS INC 3.4%

Value ($000) $15,004 Shares 433,147 Est. Cost $34.64 Unrealized —

MET METLIFE INC 3.4%

Value ($000) $14,952 Shares 283,067 Est. Cost $33.87 Unrealized +4.3%

— OM ASSET MGMT PLC 3.4%

Value ($000) $14,916 Shares 986,534 Est. Cost $15.12 Unrealized —

— LEUCADIA NATL CORP 3.4%

Value ($000) $14,819 Shares 569,951 Est. Cost $26.00 Unrealized —

WT WISDOMTREE INVTS INC 3.3%

Value ($000) $14,516 Shares 1,598,713 Est. Cost $9.67 Unrealized 0.0%

— AMTRUST FINL SVCS INC 2.9%

Value ($000) $12,776 Shares 692,084 Est. Cost $18.46 Unrealized —

MCHB HOMESTREET INC 2.8%

Value ($000) $12,518 Shares 447,876 Est. Cost $27.49 Unrealized 0.0%

EIG EMPLOYERS HOLDINGS INC 2.8%

Value ($000) $12,399 Shares 326,722 Est. Cost $23.73 Unrealized +21.7%

SLM SLM CORP 2.8%

Value ($000) $12,361 Shares 1,021,610 Est. Cost $6.58 Unrealized +80.1%

— ATHENE HLDG LTD 2.5%

Value ($000) $10,959 Shares 230,769 Est. Cost $47.49 Unrealized —

AFL AFLAC INC 2.5%

Value ($000) $10,955 Shares 151,264 Est. Cost $28.82 Unrealized 0.0%

— PERFORMANT FINL CORP 2.4%

Value ($000) $10,812 Shares 3,690,029 Est. Cost $2.00 Unrealized —

— KCG HLDGS INC 2.4%

Value ($000) $10,808 Shares 606,148 Est. Cost $17.83 Unrealized —

WTW WILLIS TOWERS WATSON PUB LTD 2.1%

Value ($000) $9,084 Shares 69,403 Est. Cost $108.09 Unrealized +3.9%

— SUTHERLAND ASSET MGMT CORP M 1.9%

Value ($000) $8,489 Shares 587,454 Est. Cost $13.45 Unrealized —

NMIH NMI HLDGS INC 1.7%

Value ($000) $7,467 Shares 655,000 Est. Cost $10.97 Unrealized 0.0%

ARCC ARES CAP CORP 1.6%

Value ($000) $7,169 Shares 412,488 Est. Cost $7.44 Unrealized 0.0%

HLNE HAMILTON LANE INC 1.3%

Value ($000) $5,601 Shares 300,000 Est. Cost $18.78 Unrealized 0.0%

— OPUS BK IRVINE CALIF 0.9%

Value ($000) $3,992 Shares 198,108 Est. Cost $20.15 Unrealized —

ISTR INVESTAR HLDG CORP 0.2%

Value ($000) $1,095 Shares 50,000 Est. Cost $20.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
CXW	CORECIVIC INC	949,490	$29,833	6.8%	$14.21	+63.1%	COM	21871N101
AGO	ASSURED GUARANTY LTD	718,750	$26,673	6.0%	$19.87	+71.6%	COM	G0585R106
VRTS	VIRTUS INVT PARTNERS INC	199,570	$21,134	4.8%	$86.40	0.0%	COM	92828Q109
—	INVESTMENT TECHNOLOGY GRP NE	934,748	$18,929	4.3%	$16.72	—	COM	46145F105
MUFG	MITSUBISHI UFJ FINL GROUP IN	2,953,612	$18,726	4.2%	$6.17	—	SPONSORED ADR	606822104
JRVR	JAMES RIV GROUP LTD	418,978	$17,957	4.1%	$39.16	+6.0%	COM	G5005R107
—	FIRST DATA CORP NEW	1,157,014	$17,934	4.1%	$14.19	—	COM CL A	32008D106
GEO	GEO GROUP INC NEW	385,244	$17,864	4.0%	$12.71	+51.7%	COM	36162J106
NTB	BANK OF NT BUTTERFIELD&SON L	507,593	$16,197	3.7%	$16.16	+33.7%	SHS NEW	G0772R208
PLD	PROLOGIS INC	293,397	$15,221	3.4%	$39.63	0.0%	COM	74340W103
CNA	CNA FINL CORP	342,708	$15,137	3.4%	$18.76	+21.3%	COM	126117100
AMG	AFFILIATED MANAGERS GROUP	92,022	$15,086	3.4%	$152.27	+0.7%	COM	008252108
—	HUDSON PAC PPTYS INC	433,147	$15,004	3.4%	$34.64	—	COM	444097109
MET	METLIFE INC	283,067	$14,952	3.4%	$33.87	+4.3%	COM	59156R108
—	OM ASSET MGMT PLC	986,534	$14,916	3.4%	$15.12	—	SHS	G67506108
—	LEUCADIA NATL CORP	569,951	$14,819	3.4%	$26.00	—	COM	527288104
WT	WISDOMTREE INVTS INC	1,598,713	$14,516	3.3%	$9.67	0.0%	COM	97717P104
—	AMTRUST FINL SVCS INC	692,084	$12,776	2.9%	$18.46	—	COM	032359309
MCHB	HOMESTREET INC	447,876	$12,518	2.8%	$27.49	0.0%	COM	43785V102
EIG	EMPLOYERS HOLDINGS INC	326,722	$12,399	2.8%	$23.73	+21.7%	COM	292218104
SLM	SLM CORP	1,021,610	$12,361	2.8%	$6.58	+80.1%	COM	78442P106
—	ATHENE HLDG LTD	230,769	$10,959	2.5%	$47.49	—	CL A	9D9990462
AFL	AFLAC INC	151,264	$10,955	2.5%	$28.82	0.0%	COM	001055102
—	PERFORMANT FINL CORP	3,690,029	$10,812	2.4%	$2.00	—	COM	71377E105
—	KCG HLDGS INC	606,148	$10,808	2.4%	$17.83	—	CL A	48244B100
WTW	WILLIS TOWERS WATSON PUB LTD	69,403	$9,084	2.1%	$108.09	+3.9%	SHS	G96629103
—	SUTHERLAND ASSET MGMT CORP M	587,454	$8,489	1.9%	$13.45	—	COM	86933G105
NMIH	NMI HLDGS INC	655,000	$7,467	1.7%	$10.97	0.0%	CL A	629209305
ARCC	ARES CAP CORP	412,488	$7,169	1.6%	$7.44	0.0%	COM	04010L103
HLNE	HAMILTON LANE INC	300,000	$5,601	1.3%	$18.78	0.0%	CL A	407497106
—	OPUS BK IRVINE CALIF	198,108	$3,992	0.9%	$20.15	—	COM	684000102
ISTR	INVESTAR HLDG CORP	50,000	$1,095	0.2%	$20.29	0.0%	COM	46134L105