Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q2 2017 (← Previous) (Next →)

Filing Date: Aug 14, 2017

Total Value ($000): $556,935 (100.0% shares, 0.0% debt)

Holdings (38)

VRTS VIRTUS INVT PARTNERS INC 5.6%

Value ($000) $31,236 Shares 281,528 Est. Cost $85.20 Unrealized -3.4%

— SANTANDER CONSUMER USA HDG I 4.8%

Value ($000) $26,615 Shares 2,085,847 Est. Cost $12.76 Unrealized —

FPH FIVE POINT HOLDINGS LLC 4.2%

Value ($000) $23,628 Shares 1,600,832 Est. Cost $15.23 Unrealized 0.0%

— OM ASSET MGMT PLC 4.2%

Value ($000) $23,520 Shares 1,582,755 Est. Cost $15.02 Unrealized —

SLM SLM CORP 4.2%

Value ($000) $23,464 Shares 2,040,352 Est. Cost $8.98 Unrealized +26.8%

AGO ASSURED GUARANTY LTD 4.1%

Value ($000) $23,070 Shares 552,699 Est. Cost $19.87 Unrealized +71.2%

GEO GEO GROUP INC NEW 4.1%

Value ($000) $23,042 Shares 779,222 Est. Cost $17.11 Unrealized +25.2%

CXW CORECIVIC INC 4.1%

Value ($000) $22,941 Shares 831,781 Est. Cost $14.21 Unrealized +68.9%

— TRITON INTL LTD 3.9%

Value ($000) $21,793 Shares 651,704 Est. Cost $33.44 Unrealized —

— INVESTMENT TECHNOLOGY GRP NE 3.9%

Value ($000) $21,565 Shares 1,015,296 Est. Cost $17.08 Unrealized —

JRVR JAMES RIV GROUP LTD 3.3%

Value ($000) $18,649 Shares 469,401 Est. Cost $39.35 Unrealized +4.1%

LNC LINCOLN NATL CORP IND 3.3%

Value ($000) $18,639 Shares 275,800 Est. Cost $46.60 Unrealized 0.0%

— ENVESTNET INC 3.2%

Value ($000) $17,624 Shares 445,050 Est. Cost $39.60 Unrealized —

CCS CENTURY CMNTYS INC 3.1%

Value ($000) $17,030 Shares 686,694 Est. Cost $24.19 Unrealized 0.0%

— E TRADE FINANCIAL CORP 2.9%

Value ($000) $16,419 Shares 431,745 Est. Cost $38.03 Unrealized —

CNA CNA FINL CORP 2.7%

Value ($000) $15,308 Shares 314,002 Est. Cost $18.76 Unrealized +33.9%

— VALIDUS HOLDINGS LTD 2.7%

Value ($000) $15,260 Shares 293,633 Est. Cost $51.97 Unrealized —

ACIC UNITED INS HLDGS CORP 2.6%

Value ($000) $14,315 Shares 910,023 Est. Cost $12.33 Unrealized 0.0%

WT WISDOMTREE INVTS INC 2.6%

Value ($000) $14,220 Shares 1,398,188 Est. Cost $9.67 Unrealized -4.6%

NTB BANK OF NT BUTTERFIELD&SON L 2.5%

Value ($000) $14,108 Shares 413,720 Est. Cost $16.16 Unrealized +38.4%

NAVI NAVIENT CORPORATION 2.4%

Value ($000) $13,413 Shares 805,609 Est. Cost $15.09 Unrealized 0.0%

— VANTIV INC 2.4%

Value ($000) $13,140 Shares 207,455 Est. Cost $63.34 Unrealized —

EIG EMPLOYERS HOLDINGS INC 2.2%

Value ($000) $12,429 Shares 293,823 Est. Cost $23.73 Unrealized +30.3%

LPLA LPL FINL HLDGS INC 2.2%

Value ($000) $12,428 Shares 292,709 Est. Cost $40.58 Unrealized 0.0%

COF CAPITAL ONE FINL CORP 2.2%

Value ($000) $12,262 Shares 148,420 Est. Cost $69.96 Unrealized 0.0%

— OPUS BK IRVINE CALIF 2.0%

Value ($000) $11,189 Shares 462,352 Est. Cost $22.47 Unrealized —

NMIH NMI HLDGS INC 1.9%

Value ($000) $10,810 Shares 944,140 Est. Cost $11.05 Unrealized +1.7%

CB CHUBB LIMITED 1.7%

Value ($000) $9,603 Shares 66,057 Est. Cost $120.85 Unrealized 0.0%

MKTX MARKETAXESS HLDGS INC 1.7%

Value ($000) $9,575 Shares 47,614 Est. Cost $176.15 Unrealized 0.0%

— PENNYMAC FINL SVCS INC 1.6%

Value ($000) $8,899 Shares 532,850 Est. Cost $16.70 Unrealized —

C CITIGROUP INC 1.4%

Value ($000) $7,979 Shares 119,303 Est. Cost $46.46 Unrealized 0.0%

— PERFORMANT FINL CORP 1.4%

Value ($000) $7,756 Shares 3,711,081 Est. Cost $2.00 Unrealized —

— CARLYLE GROUP L P 1.4%

Value ($000) $7,532 Shares 381,373 Est. Cost $19.75 Unrealized —

— BOTTOMLINE TECH DEL INC 1.3%

Value ($000) $7,237 Shares 281,721 Est. Cost $25.69 Unrealized —

CASH META FINL GROUP INC 0.7%

Value ($000) $3,812 Shares 42,835 Est. Cost $27.74 Unrealized 0.0%

HLI HOULIHAN LOKEY INC 0.5%

Value ($000) $3,006 Shares 86,140 Est. Cost $28.45 Unrealized 0.0%

— ATHENE HLDG LTD 0.4%

Value ($000) $2,274 Shares 45,840 Est. Cost $49.61 Unrealized —

ISTR INVESTAR HLDG CORP 0.2%

Value ($000) $1,145 Shares 50,000 Est. Cost $20.29 Unrealized +10.6%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
VRTS	VIRTUS INVT PARTNERS INC	281,528	$31,236	5.6%	$85.20	-3.4%	COM	92828Q109
—	SANTANDER CONSUMER USA HDG I	2,085,847	$26,615	4.8%	$12.76	—	COM	80283M101
FPH	FIVE POINT HOLDINGS LLC	1,600,832	$23,628	4.2%	$15.23	0.0%	COM CL A	33833Q106
—	OM ASSET MGMT PLC	1,582,755	$23,520	4.2%	$15.02	—	SHS	G67506108
SLM	SLM CORP	2,040,352	$23,464	4.2%	$8.98	+26.8%	COM	78442P106
AGO	ASSURED GUARANTY LTD	552,699	$23,070	4.1%	$19.87	+71.2%	COM	G0585R106
GEO	GEO GROUP INC NEW	779,222	$23,042	4.1%	$17.11	+25.2%	COM	36162J106
CXW	CORECIVIC INC	831,781	$22,941	4.1%	$14.21	+68.9%	COM	21871N101
—	TRITON INTL LTD	651,704	$21,793	3.9%	$33.44	—	CL A	G9078F107
—	INVESTMENT TECHNOLOGY GRP NE	1,015,296	$21,565	3.9%	$17.08	—	COM	46145F105
JRVR	JAMES RIV GROUP LTD	469,401	$18,649	3.3%	$39.35	+4.1%	COM	G5005R107
LNC	LINCOLN NATL CORP IND	275,800	$18,639	3.3%	$46.60	0.0%	COM	534187109
—	ENVESTNET INC	445,050	$17,624	3.2%	$39.60	—	COM	29404K106
CCS	CENTURY CMNTYS INC	686,694	$17,030	3.1%	$24.19	0.0%	COM	156504300
—	E TRADE FINANCIAL CORP	431,745	$16,419	2.9%	$38.03	—	COM NEW	269246401
CNA	CNA FINL CORP	314,002	$15,308	2.7%	$18.76	+33.9%	COM	126117100
—	VALIDUS HOLDINGS LTD	293,633	$15,260	2.7%	$51.97	—	COM SHS	G9319H102
ACIC	UNITED INS HLDGS CORP	910,023	$14,315	2.6%	$12.33	0.0%	COM	910710102
WT	WISDOMTREE INVTS INC	1,398,188	$14,220	2.6%	$9.67	-4.6%	COM	97717P104
NTB	BANK OF NT BUTTERFIELD&SON L	413,720	$14,108	2.5%	$16.16	+38.4%	SHS NEW	G0772R208
NAVI	NAVIENT CORPORATION	805,609	$13,413	2.4%	$15.09	0.0%	COM	63938C108
—	VANTIV INC	207,455	$13,140	2.4%	$63.34	—	CL A	92210H105
EIG	EMPLOYERS HOLDINGS INC	293,823	$12,429	2.2%	$23.73	+30.3%	COM	292218104
LPLA	LPL FINL HLDGS INC	292,709	$12,428	2.2%	$40.58	0.0%	COM	50212V100
COF	CAPITAL ONE FINL CORP	148,420	$12,262	2.2%	$69.96	0.0%	COM	14040H105
—	OPUS BK IRVINE CALIF	462,352	$11,189	2.0%	$22.47	—	COM	684000102
NMIH	NMI HLDGS INC	944,140	$10,810	1.9%	$11.05	+1.7%	CL A	629209305
CB	CHUBB LIMITED	66,057	$9,603	1.7%	$120.85	0.0%	COM	H1467J104
MKTX	MARKETAXESS HLDGS INC	47,614	$9,575	1.7%	$176.15	0.0%	COM	57060D108
—	PENNYMAC FINL SVCS INC	532,850	$8,899	1.6%	$16.70	—	CL A	70932B101
C	CITIGROUP INC	119,303	$7,979	1.4%	$46.46	0.0%	COM NEW	172967424
—	PERFORMANT FINL CORP	3,711,081	$7,756	1.4%	$2.00	—	COM	71377E105
—	CARLYLE GROUP L P	381,373	$7,532	1.4%	$19.75	—	COM UTS LTD PTN	14309L102
—	BOTTOMLINE TECH DEL INC	281,721	$7,237	1.3%	$25.69	—	COM	101388106
CASH	META FINL GROUP INC	42,835	$3,812	0.7%	$27.74	0.0%	COM	59100U108
HLI	HOULIHAN LOKEY INC	86,140	$3,006	0.5%	$28.45	0.0%	CL A	441593100
—	ATHENE HLDG LTD	45,840	$2,274	0.4%	$49.61	—	CL A	G0684D107
ISTR	INVESTAR HLDG CORP	50,000	$1,145	0.2%	$20.29	+10.6%	COM	46134L105