Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q1 2019 (← Previous) (Next →)

Filing Date: May 15, 2019

Total Value ($000): $594,034 (100.0% shares, 0.0% debt)

Holdings (42)

LYFT LYFT INC 12.1%

Value ($000) $71,666 Shares 915,397 Est. Cost $78.29 Unrealized 0.0%

AGO ASSURED GUARANTY LTD 5.0%

Value ($000) $29,579 Shares 665,746 Est. Cost $27.36 Unrealized +35.0%

CBOE CBOE GLOBAL MARKETS INC 4.4%

Value ($000) $26,160 Shares 274,102 Est. Cost $86.61 Unrealized 0.0%

— COWEN INC 3.9%

Value ($000) $23,163 Shares 1,598,535 Est. Cost $14.76 Unrealized —

OPLN KAR AUCTION SVCS INC 3.4%

Value ($000) $20,025 Shares 390,276 Est. Cost $18.85 Unrealized 0.0%

— AXA EQUITABLE HLDGS INC 3.2%

Value ($000) $19,245 Shares 955,542 Est. Cost $20.44 Unrealized —

SCHW THE CHARLES SCHWAB CORPORATI 3.2%

Value ($000) $19,222 Shares 449,526 Est. Cost $40.91 Unrealized +0.1%

SF STIFEL FINL CORP 3.2%

Value ($000) $19,019 Shares 360,484 Est. Cost $28.01 Unrealized +8.8%

AIZ ASSURANT INC 3.0%

Value ($000) $17,625 Shares 185,704 Est. Cost $90.61 Unrealized -5.9%

— STERLING BANCORP DEL 2.9%

Value ($000) $17,492 Shares 938,904 Est. Cost $19.93 Unrealized —

— SVB FINL GROUP 2.9%

Value ($000) $17,337 Shares 77,969 Est. Cost $222.36 Unrealized —

OMF ONEMAIN HLDGS INC 2.9%

Value ($000) $17,188 Shares 541,349 Est. Cost $33.19 Unrealized -6.8%

— TOTAL SYS SVCS INC 2.8%

Value ($000) $16,354 Shares 172,133 Est. Cost $95.01 Unrealized —

RJF RAYMOND JAMES FINANCIAL INC 2.8%

Value ($000) $16,349 Shares 203,322 Est. Cost $47.62 Unrealized +1.0%

— TCF FINL CORP 2.6%

Value ($000) $15,587 Shares 753,369 Est. Cost $20.69 Unrealized —

SBNY SIGNATURE BK NEW YORK N Y 2.4%

Value ($000) $14,346 Shares 112,013 Est. Cost $102.81 Unrealized —

— HERTZ GLOBAL HLDGS INC 2.4%

Value ($000) $14,132 Shares 813,577 Est. Cost $17.37 Unrealized —

— TD AMERITRADE HLDG CORP 2.2%

Value ($000) $13,273 Shares 265,504 Est. Cost $49.99 Unrealized —

V VISA INC 2.2%

Value ($000) $12,970 Shares 83,041 Est. Cost $137.38 Unrealized 0.0%

ARCC ARES CAP CORP 2.2%

Value ($000) $12,886 Shares 751,791 Est. Cost $7.62 Unrealized +13.9%

— CARLYLE GROUP L P 2.1%

Value ($000) $12,617 Shares 690,184 Est. Cost $20.59 Unrealized —

— FS KKR CAPITAL CORP 2.0%

Value ($000) $12,157 Shares 2,009,390 Est. Cost $5.28 Unrealized —

— NATIONAL GEN HLDGS CORP 2.0%

Value ($000) $11,924 Shares 502,495 Est. Cost $24.16 Unrealized —

AFG AMERICAN FINL GROUP INC OHIO 2.0%

Value ($000) $11,585 Shares 120,413 Est. Cost $51.58 Unrealized 0.0%

— PINNACLE FINL PARTNERS INC 1.9%

Value ($000) $11,432 Shares 208,999 Est. Cost $54.70 Unrealized —

PAG PENSKE AUTOMOTIVE GRP INC 1.8%

Value ($000) $10,718 Shares 240,047 Est. Cost $43.24 Unrealized +2.5%

ACIC UNITED INS HLDGS CORP 1.7%

Value ($000) $10,068 Shares 633,181 Est. Cost $13.14 Unrealized -0.7%

RNR RENAISSANCERE HOLDINGS LTD 1.7%

Value ($000) $9,858 Shares 68,698 Est. Cost $130.56 Unrealized +7.2%

EIG EMPLOYERS HOLDINGS INC 1.6%

Value ($000) $9,625 Shares 239,964 Est. Cost $29.56 Unrealized +13.2%

AXS AXIS CAPITAL HOLDINGS LTD 1.6%

Value ($000) $9,609 Shares 175,416 Est. Cost $41.86 Unrealized +8.9%

GM GENERAL MTRS CO 1.5%

Value ($000) $8,863 Shares 238,898 Est. Cost $34.84 Unrealized 0.0%

— SANTANDER CONSUMER USA HDG I 1.4%

Value ($000) $8,402 Shares 397,618 Est. Cost $13.46 Unrealized —

FBP FIRST BANCORP P R 1.1%

Value ($000) $6,757 Shares 589,586 Est. Cost $7.30 Unrealized +18.4%

— CUBIC CORP 1.1%

Value ($000) $6,574 Shares 116,900 Est. Cost $56.24 Unrealized —

— ATHENE HLDG LTD 1.1%

Value ($000) $6,340 Shares 155,381 Est. Cost $40.80 Unrealized —

— APOLLO GLOBAL MGMT LLC 1.0%

Value ($000) $6,137 Shares 217,248 Est. Cost $28.25 Unrealized —

FIS FIDELITY NATL INFORMATION SV 1.0%

Value ($000) $6,077 Shares 53,728 Est. Cost $93.46 Unrealized 0.0%

MTG MGIC INVT CORP WIS 0.9%

Value ($000) $5,154 Shares 390,777 Est. Cost $12.46 Unrealized 0.0%

— CHEMICAL FINL CORP 0.9%

Value ($000) $5,054 Shares 122,778 Est. Cost $41.16 Unrealized —

AB ALLIANCEBERNSTEIN HOLDING LP 0.8%

Value ($000) $4,534 Shares 156,946 Est. Cost $28.89 Unrealized —

FIBK FIRST INTST BANCSYSTEM INC 0.6%

Value ($000) $3,791 Shares 95,197 Est. Cost $27.43 Unrealized 0.0%

— BLACKSTONE GROUP L P 0.5%

Value ($000) $3,140 Shares 89,797 Est. Cost $29.81 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
LYFT	LYFT INC	915,397	$71,666	12.1%	$78.29	0.0%	CL A COM	55087P104
AGO	ASSURED GUARANTY LTD	665,746	$29,579	5.0%	$27.36	+35.0%	COM	G0585R106
CBOE	CBOE GLOBAL MARKETS INC	274,102	$26,160	4.4%	$86.61	0.0%	COM	12503M108
—	COWEN INC	1,598,535	$23,163	3.9%	$14.76	—	CL A NEW	223622606
OPLN	KAR AUCTION SVCS INC	390,276	$20,025	3.4%	$18.85	0.0%	COM	48238T109
—	AXA EQUITABLE HLDGS INC	955,542	$19,245	3.2%	$20.44	—	COM	054561105
SCHW	THE CHARLES SCHWAB CORPORATI	449,526	$19,222	3.2%	$40.91	+0.1%	COM	808513105
SF	STIFEL FINL CORP	360,484	$19,019	3.2%	$28.01	+8.8%	COM	860630102
AIZ	ASSURANT INC	185,704	$17,625	3.0%	$90.61	-5.9%	COM	04621X108
—	STERLING BANCORP DEL	938,904	$17,492	2.9%	$19.93	—	COM	85917A100
—	SVB FINL GROUP	77,969	$17,337	2.9%	$222.36	—	COM	78486Q101
OMF	ONEMAIN HLDGS INC	541,349	$17,188	2.9%	$33.19	-6.8%	COM	68268W103
—	TOTAL SYS SVCS INC	172,133	$16,354	2.8%	$95.01	—	COM	891906109
RJF	RAYMOND JAMES FINANCIAL INC	203,322	$16,349	2.8%	$47.62	+1.0%	COM	754730109
—	TCF FINL CORP	753,369	$15,587	2.6%	$20.69	—	COM	872275102
SBNY	SIGNATURE BK NEW YORK N Y	112,013	$14,346	2.4%	$102.81	—	COM	82669G104
—	HERTZ GLOBAL HLDGS INC	813,577	$14,132	2.4%	$17.37	—	COM	42806J106
—	TD AMERITRADE HLDG CORP	265,504	$13,273	2.2%	$49.99	—	COM	87236Y108
V	VISA INC	83,041	$12,970	2.2%	$137.38	0.0%	COM CL A	92826C839
ARCC	ARES CAP CORP	751,791	$12,886	2.2%	$7.62	+13.9%	COM	04010L103
—	CARLYLE GROUP L P	690,184	$12,617	2.1%	$20.59	—	COM UTS LTD PTN	14309L102
—	FS KKR CAPITAL CORP	2,009,390	$12,157	2.0%	$5.28	—	COM	302635107
—	NATIONAL GEN HLDGS CORP	502,495	$11,924	2.0%	$24.16	—	COM	636220303
AFG	AMERICAN FINL GROUP INC OHIO	120,413	$11,585	2.0%	$51.58	0.0%	COM	025932104
—	PINNACLE FINL PARTNERS INC	208,999	$11,432	1.9%	$54.70	—	COM	72346Q104
PAG	PENSKE AUTOMOTIVE GRP INC	240,047	$10,718	1.8%	$43.24	+2.5%	COM	70959W103
ACIC	UNITED INS HLDGS CORP	633,181	$10,068	1.7%	$13.14	-0.7%	COM	910710102
RNR	RENAISSANCERE HOLDINGS LTD	68,698	$9,858	1.7%	$130.56	+7.2%	COM	G7496G103
EIG	EMPLOYERS HOLDINGS INC	239,964	$9,625	1.6%	$29.56	+13.2%	COM	292218104
AXS	AXIS CAPITAL HOLDINGS LTD	175,416	$9,609	1.6%	$41.86	+8.9%	SHS	G0692U109
GM	GENERAL MTRS CO	238,898	$8,863	1.5%	$34.84	0.0%	COM	37045V100
—	SANTANDER CONSUMER USA HDG I	397,618	$8,402	1.4%	$13.46	—	COM	80283M101
FBP	FIRST BANCORP P R	589,586	$6,757	1.1%	$7.30	+18.4%	COM NEW	318672706
—	CUBIC CORP	116,900	$6,574	1.1%	$56.24	—	COM	229669106
—	ATHENE HLDG LTD	155,381	$6,340	1.1%	$40.80	—	CL A	G0684D107
—	APOLLO GLOBAL MGMT LLC	217,248	$6,137	1.0%	$28.25	—	CL A SHS	037612306
FIS	FIDELITY NATL INFORMATION SV	53,728	$6,077	1.0%	$93.46	0.0%	COM	31620M106
MTG	MGIC INVT CORP WIS	390,777	$5,154	0.9%	$12.46	0.0%	COM	552848103
—	CHEMICAL FINL CORP	122,778	$5,054	0.9%	$41.16	—	COM	163731102
AB	ALLIANCEBERNSTEIN HOLDING LP	156,946	$4,534	0.8%	$28.89	—	UNIT LTD PARTN	01881G106
FIBK	FIRST INTST BANCSYSTEM INC	95,197	$3,791	0.6%	$27.43	0.0%	COM CL A	32055Y201
—	BLACKSTONE GROUP L P	89,797	$3,140	0.5%	$29.81	—	COM UNIT LTD	09253U108