Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

Location: San Francisco, CA

CIK: 0001351407 · Show all filings

Period: Q1 2017 (← Previous) (Next →)

Filing Date: May 15, 2017

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

Holdings (32)

CXW CORECIVIC INC 6.8%

Value $29.83M Shares 949,490 Est. Cost $14.21 Unrealized +63.1%

AGO ASSURED GUARANTY LTD 6.0%

Value $26.67M Shares 718,750 Est. Cost $19.87 Unrealized +71.6%

VRTS VIRTUS INVT PARTNERS INC 4.8%

Value $21.13M Shares 199,570 Est. Cost $86.40 Unrealized 0.0%

— INVESTMENT TECHNOLOGY GRP NE 4.3%

Value $18.93M Shares 934,748 Est. Cost $16.72 Unrealized —

MUFG MITSUBISHI UFJ FINL GROUP IN 4.2%

Value $18.73M Shares 2,953,612 Est. Cost $6.17 Unrealized —

JRVR JAMES RIV GROUP LTD 4.1%

Value $17.96M Shares 418,978 Est. Cost $39.16 Unrealized +6.0%

— FIRST DATA CORP NEW 4.1%

Value $17.93M Shares 1,157,014 Est. Cost $14.19 Unrealized —

GEO GEO GROUP INC NEW 4.0%

Value $17.86M Shares 385,244 Est. Cost $12.71 Unrealized +51.7%

NTB BANK OF NT BUTTERFIELD&SON L 3.7%

Value $16.2M Shares 507,593 Est. Cost $16.16 Unrealized +33.7%

PLD PROLOGIS INC 3.4%

Value $15.22M Shares 293,397 Est. Cost $39.63 Unrealized 0.0%

CNA CNA FINL CORP 3.4%

Value $15.14M Shares 342,708 Est. Cost $18.76 Unrealized +21.3%

AMG AFFILIATED MANAGERS GROUP 3.4%

Value $15.09M Shares 92,022 Est. Cost $152.27 Unrealized +0.7%

— HUDSON PAC PPTYS INC 3.4%

Value $15M Shares 433,147 Est. Cost $34.64 Unrealized —

MET METLIFE INC 3.4%

Value $14.95M Shares 283,067 Est. Cost $33.87 Unrealized +4.3%

— OM ASSET MGMT PLC 3.4%

Value $14.92M Shares 986,534 Est. Cost $15.12 Unrealized —

— LEUCADIA NATL CORP 3.4%

Value $14.82M Shares 569,951 Est. Cost $26.00 Unrealized —

WT WISDOMTREE INVTS INC 3.3%

Value $14.52M Shares 1,598,713 Est. Cost $9.67 Unrealized 0.0%

— AMTRUST FINL SVCS INC 2.9%

Value $12.78M Shares 692,084 Est. Cost $18.46 Unrealized —

MCHB HOMESTREET INC 2.8%

Value $12.52M Shares 447,876 Est. Cost $27.49 Unrealized 0.0%

EIG EMPLOYERS HOLDINGS INC 2.8%

Value $12.4M Shares 326,722 Est. Cost $23.73 Unrealized +21.7%

SLM SLM CORP 2.8%

Value $12.36M Shares 1,021,610 Est. Cost $6.58 Unrealized +80.1%

— ATHENE HLDG LTD 2.5%

Value $10.96M Shares 230,769 Est. Cost $47.49 Unrealized —

AFL AFLAC INC 2.5%

Value $10.96M Shares 151,264 Est. Cost $28.82 Unrealized 0.0%

— PERFORMANT FINL CORP 2.4%

Value $10.81M Shares 3,690,029 Est. Cost $2.00 Unrealized —

— KCG HLDGS INC 2.4%

Value $10.81M Shares 606,148 Est. Cost $17.83 Unrealized —

WTW WILLIS TOWERS WATSON PUB LTD 2.1%

Value $9.084M Shares 69,403 Est. Cost $108.09 Unrealized +3.9%

— SUTHERLAND ASSET MGMT CORP M 1.9%

Value $8.489M Shares 587,454 Est. Cost $13.45 Unrealized —

NMIH NMI HLDGS INC 1.7%

Value $7.467M Shares 655,000 Est. Cost $10.97 Unrealized 0.0%

ARCC ARES CAP CORP 1.6%

Value $7.169M Shares 412,488 Est. Cost $7.44 Unrealized 0.0%

HLNE HAMILTON LANE INC 1.3%

Value $5.601M Shares 300,000 Est. Cost $18.78 Unrealized 0.0%

— OPUS BK IRVINE CALIF 0.9%

Value $3.992M Shares 198,108 Est. Cost $20.15 Unrealized —

ISTR INVESTAR HLDG CORP 0.2%

Value $1.095M Shares 50,000 Est. Cost $20.29 Unrealized 0.0%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
CXW	CORECIVIC INC	949,490	$29.83M	6.8%	$14.21	+63.1%	COM	21871N101
AGO	ASSURED GUARANTY LTD	718,750	$26.67M	6.0%	$19.87	+71.6%	COM	G0585R106
VRTS	VIRTUS INVT PARTNERS INC	199,570	$21.13M	4.8%	$86.40	0.0%	COM	92828Q109
—	INVESTMENT TECHNOLOGY GRP NE	934,748	$18.93M	4.3%	$16.72	—	COM	46145F105
MUFG	MITSUBISHI UFJ FINL GROUP IN	2,953,612	$18.73M	4.2%	$6.17	—	SPONSORED ADR	606822104
JRVR	JAMES RIV GROUP LTD	418,978	$17.96M	4.1%	$39.16	+6.0%	COM	G5005R107
—	FIRST DATA CORP NEW	1,157,014	$17.93M	4.1%	$14.19	—	COM CL A	32008D106
GEO	GEO GROUP INC NEW	385,244	$17.86M	4.0%	$12.71	+51.7%	COM	36162J106
NTB	BANK OF NT BUTTERFIELD&SON L	507,593	$16.2M	3.7%	$16.16	+33.7%	SHS NEW	G0772R208
PLD	PROLOGIS INC	293,397	$15.22M	3.4%	$39.63	0.0%	COM	74340W103
CNA	CNA FINL CORP	342,708	$15.14M	3.4%	$18.76	+21.3%	COM	126117100
AMG	AFFILIATED MANAGERS GROUP	92,022	$15.09M	3.4%	$152.27	+0.7%	COM	008252108
—	HUDSON PAC PPTYS INC	433,147	$15M	3.4%	$34.64	—	COM	444097109
MET	METLIFE INC	283,067	$14.95M	3.4%	$33.87	+4.3%	COM	59156R108
—	OM ASSET MGMT PLC	986,534	$14.92M	3.4%	$15.12	—	SHS	G67506108
—	LEUCADIA NATL CORP	569,951	$14.82M	3.4%	$26.00	—	COM	527288104
WT	WISDOMTREE INVTS INC	1,598,713	$14.52M	3.3%	$9.67	0.0%	COM	97717P104
—	AMTRUST FINL SVCS INC	692,084	$12.78M	2.9%	$18.46	—	COM	032359309
MCHB	HOMESTREET INC	447,876	$12.52M	2.8%	$27.49	0.0%	COM	43785V102
EIG	EMPLOYERS HOLDINGS INC	326,722	$12.4M	2.8%	$23.73	+21.7%	COM	292218104
SLM	SLM CORP	1,021,610	$12.36M	2.8%	$6.58	+80.1%	COM	78442P106
—	ATHENE HLDG LTD	230,769	$10.96M	2.5%	$47.49	—	CL A	9D9990462
AFL	AFLAC INC	151,264	$10.96M	2.5%	$28.82	0.0%	COM	001055102
—	PERFORMANT FINL CORP	3,690,029	$10.81M	2.4%	$2.00	—	COM	71377E105
—	KCG HLDGS INC	606,148	$10.81M	2.4%	$17.83	—	CL A	48244B100
WTW	WILLIS TOWERS WATSON PUB LTD	69,403	$9.084M	2.1%	$108.09	+3.9%	SHS	G96629103
—	SUTHERLAND ASSET MGMT CORP M	587,454	$8.489M	1.9%	$13.45	—	COM	86933G105
NMIH	NMI HLDGS INC	655,000	$7.467M	1.7%	$10.97	0.0%	CL A	629209305
ARCC	ARES CAP CORP	412,488	$7.169M	1.6%	$7.44	0.0%	COM	04010L103
HLNE	HAMILTON LANE INC	300,000	$5.601M	1.3%	$18.78	0.0%	CL A	407497106
—	OPUS BK IRVINE CALIF	198,108	$3.992M	0.9%	$20.15	—	COM	684000102
ISTR	INVESTAR HLDG CORP	50,000	$1.095M	0.2%	$20.29	0.0%	COM	46134L105