Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q3 2019 (← Previous) (Next →)

Filing Date: Nov 14, 2019

Total Value ($000): $450,799 (100.0% shares, 0.0% debt)

Holdings (43)

OMF ONEMAIN HLDGS INC 5.2%

Value ($000) $23,659 Shares 645,010 Est. Cost $32.89 Unrealized +12.8%

AGO ASSURED GUARANTY LTD 5.0%

Value ($000) $22,434 Shares 504,591 Est. Cost $27.36 Unrealized +44.0%

— COWEN INC 4.9%

Value ($000) $22,192 Shares 1,441,957 Est. Cost $14.76 Unrealized —

— ALLEGHANY CORP DEL 4.7%

Value ($000) $21,137 Shares 26,495 Est. Cost $687.75 Unrealized —

— BGC PARTNERS INC 4.3%

Value ($000) $19,592 Shares 3,562,223 Est. Cost $5.34 Unrealized —

— REDFIN CORP 3.8%

Value ($000) $16,928 Shares 1,005,249 Est. Cost $17.42 Unrealized —

MKL MARKEL CORP 3.1%

Value ($000) $14,143 Shares 11,966 Est. Cost $1136.16 Unrealized 0.0%

EVR EVERCORE INC 3.0%

Value ($000) $13,493 Shares 168,451 Est. Cost $74.99 Unrealized -4.0%

SCHW THE CHARLES SCHWAB CORPORATI 3.0%

Value ($000) $13,393 Shares 320,168 Est. Cost $36.91 Unrealized 0.0%

MCHB HOMESTREET INC 2.9%

Value ($000) $13,204 Shares 483,311 Est. Cost $28.45 Unrealized -2.5%

TW TRADEWEB MKTS INC 2.9%

Value ($000) $13,120 Shares 354,785 Est. Cost $43.19 Unrealized +2.3%

AXS AXIS CAPITAL HOLDINGS LTD 2.8%

Value ($000) $12,629 Shares 189,287 Est. Cost $42.94 Unrealized +22.7%

— NATIONAL GEN HLDGS CORP 2.8%

Value ($000) $12,589 Shares 546,865 Est. Cost $23.82 Unrealized —

ABCB AMERIS BANCORP 2.8%

Value ($000) $12,452 Shares 309,455 Est. Cost $34.25 Unrealized 0.0%

— FLAGSTAR BANCORP INC 2.6%

Value ($000) $11,870 Shares 317,800 Est. Cost $37.35 Unrealized —

— FOCUS FINL PARTNERS INC 2.6%

Value ($000) $11,780 Shares 494,960 Est. Cost $25.40 Unrealized —

V VISA INC 2.5%

Value ($000) $11,386 Shares 66,196 Est. Cost $152.10 Unrealized +12.0%

— AXA EQUITABLE HLDGS INC 2.4%

Value ($000) $10,870 Shares 490,541 Est. Cost $20.44 Unrealized —

UPBD RENT A CTR INC NEW 2.4%

Value ($000) $10,840 Shares 420,306 Est. Cost $23.76 Unrealized +10.5%

SBNY SIGNATURE BK NEW YORK N Y 2.4%

Value ($000) $10,649 Shares 89,324 Est. Cost $119.22 Unrealized —

MCY MERCURY GENL CORP NEW 2.4%

Value ($000) $10,618 Shares 190,023 Est. Cost $55.82 Unrealized +2.5%

SAH SONIC AUTOMOTIVE INC 2.2%

Value ($000) $9,752 Shares 310,487 Est. Cost $19.26 Unrealized +40.4%

ACIC UNITED INS HLDGS CORP 2.1%

Value ($000) $9,530 Shares 681,202 Est. Cost $12.88 Unrealized -18.6%

— CUBIC CORP 2.0%

Value ($000) $9,233 Shares 131,101 Est. Cost $61.25 Unrealized —

— BROOKFIELD ASSET MGMT INC 2.0%

Value ($000) $9,204 Shares 173,364 Est. Cost $53.09 Unrealized —

ALLY ALLY FINL INC 2.0%

Value ($000) $9,146 Shares 275,805 Est. Cost $26.36 Unrealized 0.0%

APAM ARTISAN PARTNERS ASSET MGMT 2.0%

Value ($000) $9,050 Shares 320,464 Est. Cost $15.77 Unrealized 0.0%

XYZ SQUARE INC 2.0%

Value ($000) $8,874 Shares 143,245 Est. Cost $67.93 Unrealized 0.0%

FBP FIRST BANCORP P R 1.9%

Value ($000) $8,527 Shares 854,381 Est. Cost $8.36 Unrealized +0.1%

PJT PJT PARTNERS INC 1.6%

Value ($000) $7,250 Shares 178,127 Est. Cost $37.25 Unrealized -1.2%

AB ALLIANCEBERNSTEIN HOLDING LP 1.6%

Value ($000) $7,157 Shares 243,835 Est. Cost $29.11 Unrealized —

— ASSETMARK FINL HLDGS INC 1.4%

Value ($000) $6,215 Shares 238,582 Est. Cost $26.05 Unrealized —

AIG AMERICAN INTL GROUP INC 1.4%

Value ($000) $6,139 Shares 110,214 Est. Cost $46.77 Unrealized 0.0%

WTW WILLIS TOWERS WATSON PUB LTD 1.4%

Value ($000) $6,120 Shares 31,714 Est. Cost $179.11 Unrealized 0.0%

WT WISDOMTREE INVTS INC 1.3%

Value ($000) $6,039 Shares 1,155,854 Est. Cost $5.65 Unrealized 0.0%

— TCF FINANCIAL CORPORATION NE 1.3%

Value ($000) $5,998 Shares 157,542 Est. Cost $38.07 Unrealized —

GDOT GREEN DOT CORP 1.3%

Value ($000) $5,745 Shares 227,524 Est. Cost $37.01 Unrealized 0.0%

CNO CNO FINL GROUP INC 1.0%

Value ($000) $4,483 Shares 283,180 Est. Cost $13.64 Unrealized 0.0%

— FORTRESS TRANS INFRST INVS L 0.9%

Value ($000) $4,103 Shares 270,855 Est. Cost $15.15 Unrealized —

— CARLYLE GROUP L P 0.7%

Value ($000) $3,273 Shares 439,385 Est. Cost $20.59 Unrealized —

GLRE GREENLIGHT CAPITAL RE LTD 0.6%

Value ($000) $2,490 Shares 237,189 Est. Cost $9.42 Unrealized 0.0%

RJF RAYMOND JAMES FINANCIAL INC 0.4%

Value ($000) $1,896 Shares 22,998 Est. Cost $47.62 Unrealized +3.3%

IMPM IMPAC MTG HLDGS INC 0.4%

Value ($000) $1,597 Shares 202,876 Est. Cost $5.28 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OMF	ONEMAIN HLDGS INC	645,010	$23,659	5.2%	$32.89	+12.8%	COM	68268W103
AGO	ASSURED GUARANTY LTD	504,591	$22,434	5.0%	$27.36	+44.0%	COM	G0585R106
—	COWEN INC	1,441,957	$22,192	4.9%	$14.76	—	CL A NEW	223622606
—	ALLEGHANY CORP DEL	26,495	$21,137	4.7%	$687.75	—	COM	017175100
—	BGC PARTNERS INC	3,562,223	$19,592	4.3%	$5.34	—	CL A	05541T101
—	REDFIN CORP	1,005,249	$16,928	3.8%	$17.42	—	COM	75737F108
MKL	MARKEL CORP	11,966	$14,143	3.1%	$1136.16	0.0%	COM	570535104
EVR	EVERCORE INC	168,451	$13,493	3.0%	$74.99	-4.0%	CLASS A	29977A105
SCHW	THE CHARLES SCHWAB CORPORATI	320,168	$13,393	3.0%	$36.91	0.0%	COM	808513105
MCHB	HOMESTREET INC	483,311	$13,204	2.9%	$28.45	-2.5%	COM	43785V102
TW	TRADEWEB MKTS INC	354,785	$13,120	2.9%	$43.19	+2.3%	CL A	892672106
AXS	AXIS CAPITAL HOLDINGS LTD	189,287	$12,629	2.8%	$42.94	+22.7%	SHS	G0692U109
—	NATIONAL GEN HLDGS CORP	546,865	$12,589	2.8%	$23.82	—	COM	636220303
ABCB	AMERIS BANCORP	309,455	$12,452	2.8%	$34.25	0.0%	COM	03076K108
—	FLAGSTAR BANCORP INC	317,800	$11,870	2.6%	$37.35	—	COM PAR .001	337930705
—	FOCUS FINL PARTNERS INC	494,960	$11,780	2.6%	$25.40	—	COM CL A	34417P100
V	VISA INC	66,196	$11,386	2.5%	$152.10	+12.0%	COM CL A	92826C839
—	AXA EQUITABLE HLDGS INC	490,541	$10,870	2.4%	$20.44	—	COM	054561105
UPBD	RENT A CTR INC NEW	420,306	$10,840	2.4%	$23.76	+10.5%	COM	76009N100
SBNY	SIGNATURE BK NEW YORK N Y	89,324	$10,649	2.4%	$119.22	—	COM	82669G104
MCY	MERCURY GENL CORP NEW	190,023	$10,618	2.4%	$55.82	+2.5%	COM	589400100
SAH	SONIC AUTOMOTIVE INC	310,487	$9,752	2.2%	$19.26	+40.4%	CL A	83545G102
ACIC	UNITED INS HLDGS CORP	681,202	$9,530	2.1%	$12.88	-18.6%	COM	910710102
—	CUBIC CORP	131,101	$9,233	2.0%	$61.25	—	COM	229669106
—	BROOKFIELD ASSET MGMT INC	173,364	$9,204	2.0%	$53.09	—	CL A LTD VT SH	112585104
ALLY	ALLY FINL INC	275,805	$9,146	2.0%	$26.36	0.0%	COM	02005N100
APAM	ARTISAN PARTNERS ASSET MGMT	320,464	$9,050	2.0%	$15.77	0.0%	CL A	04316A108
XYZ	SQUARE INC	143,245	$8,874	2.0%	$67.93	0.0%	CL A	852234103
FBP	FIRST BANCORP P R	854,381	$8,527	1.9%	$8.36	+0.1%	COM NEW	318672706
PJT	PJT PARTNERS INC	178,127	$7,250	1.6%	$37.25	-1.2%	COM CL A	69343T107
AB	ALLIANCEBERNSTEIN HOLDING LP	243,835	$7,157	1.6%	$29.11	—	UNIT LTD PARTN	01881G106
—	ASSETMARK FINL HLDGS INC	238,582	$6,215	1.4%	$26.05	—	COM	04546L106
AIG	AMERICAN INTL GROUP INC	110,214	$6,139	1.4%	$46.77	0.0%	COM NEW	026874784
WTW	WILLIS TOWERS WATSON PUB LTD	31,714	$6,120	1.4%	$179.11	0.0%	SHS	G96629103
WT	WISDOMTREE INVTS INC	1,155,854	$6,039	1.3%	$5.65	0.0%	COM	97717P104
—	TCF FINANCIAL CORPORATION NE	157,542	$5,998	1.3%	$38.07	—	COM	872307103
GDOT	GREEN DOT CORP	227,524	$5,745	1.3%	$37.01	0.0%	CL A	39304D102
CNO	CNO FINL GROUP INC	283,180	$4,483	1.0%	$13.64	0.0%	COM	12621E103
—	FORTRESS TRANS INFRST INVS L	270,855	$4,103	0.9%	$15.15	—	COM REP LTD LIAB	34960P101
—	CARLYLE GROUP L P	439,385	$3,273	0.7%	$20.59	—	COM UTS LTD PTN	14309L102
GLRE	GREENLIGHT CAPITAL RE LTD	237,189	$2,490	0.6%	$9.42	0.0%	CLASS A	G4095J109
RJF	RAYMOND JAMES FINANCIAL INC	22,998	$1,896	0.4%	$47.62	+3.3%	COM	754730109
IMPM	IMPAC MTG HLDGS INC	202,876	$1,597	0.4%	$5.28	0.0%	COM NEW	45254P508