Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q4 2019 (← Previous) (Next →)

Filing Date: Feb 14, 2020

Total Value ($000): $485,849 (100.0% shares, 0.0% debt)

Holdings (34)

OMF ONEMAIN HLDGS INC 6.6%

Value ($000) $32,057 Shares 760,538 Est. Cost $34.04 Unrealized +18.8%

— COWEN INC 6.1%

Value ($000) $29,689 Shares 1,884,985 Est. Cost $14.99 Unrealized —

AGO ASSURED GUARANTY LTD 5.1%

Value ($000) $24,581 Shares 501,448 Est. Cost $27.36 Unrealized +57.0%

— ALLEGHANY CORP DEL 4.5%

Value ($000) $21,797 Shares 27,261 Est. Cost $690.89 Unrealized —

— NATIONAL GEN HLDGS CORP 4.2%

Value ($000) $20,421 Shares 924,038 Est. Cost $23.12 Unrealized —

MKL MARKEL CORP 3.9%

Value ($000) $18,711 Shares 16,368 Est. Cost $1136.92 Unrealized +0.2%

— BGC PARTNERS INC 3.8%

Value ($000) $18,333 Shares 3,086,289 Est. Cost $5.34 Unrealized —

KMPR KEMPER CORP DEL 3.6%

Value ($000) $17,339 Shares 223,734 Est. Cost $74.59 Unrealized 0.0%

GPN GLOBAL PMTS INC 3.5%

Value ($000) $17,159 Shares 93,993 Est. Cost $163.49 Unrealized 0.0%

— TCF FINANCIAL CORPORATION NE 3.5%

Value ($000) $16,957 Shares 362,321 Est. Cost $43.01 Unrealized —

SCHW THE CHARLES SCHWAB CORPORATI 3.4%

Value ($000) $16,732 Shares 351,799 Est. Cost $37.23 Unrealized +8.8%

TW TRADEWEB MKTS INC 3.4%

Value ($000) $16,669 Shares 359,644 Est. Cost $43.19 Unrealized -0.2%

LOPE GRAND CANYON ED INC 3.4%

Value ($000) $16,277 Shares 169,928 Est. Cost $92.28 Unrealized 0.0%

— BROOKFIELD ASSET MGMT INC 3.3%

Value ($000) $15,968 Shares 276,258 Est. Cost $54.85 Unrealized —

— CUBIC CORP 3.2%

Value ($000) $15,673 Shares 246,543 Est. Cost $62.34 Unrealized —

— FOCUS FINL PARTNERS INC 3.2%

Value ($000) $15,321 Shares 519,901 Est. Cost $25.59 Unrealized —

BWIN BRP GROUP INC 3.0%

Value ($000) $14,442 Shares 899,787 Est. Cost $15.94 Unrealized 0.0%

UPBD RENT A CTR INC NEW 2.8%

Value ($000) $13,674 Shares 474,124 Est. Cost $24.03 Unrealized +8.8%

— FORTRESS TRANS INFRST INVS L 2.7%

Value ($000) $13,342 Shares 682,826 Est. Cost $17.80 Unrealized —

V VISA INC 2.7%

Value ($000) $13,251 Shares 70,524 Est. Cost $153.36 Unrealized +12.5%

C CITIGROUP INC 2.7%

Value ($000) $12,936 Shares 161,919 Est. Cost $59.26 Unrealized 0.0%

MCHB HOMESTREET INC 2.6%

Value ($000) $12,693 Shares 373,328 Est. Cost $28.45 Unrealized +8.8%

— CARLYLE GROUP L P 2.5%

Value ($000) $12,298 Shares 383,368 Est. Cost $20.59 Unrealized —

SBNY SIGNATURE BK NEW YORK N Y 2.4%

Value ($000) $11,513 Shares 84,279 Est. Cost $119.22 Unrealized —

— TRUECAR INC 2.3%

Value ($000) $11,091 Shares 2,334,943 Est. Cost $4.75 Unrealized —

— AXA EQUITABLE HLDGS INC 2.2%

Value ($000) $10,913 Shares 440,401 Est. Cost $20.44 Unrealized —

Value ($000) $8,585 Shares 222,861 Est. Cost $37.54 Unrealized 0.0%

HBT HBT FINL INC 1.6%

Value ($000) $7,877 Shares 414,794 Est. Cost $17.05 Unrealized 0.0%

AB ALLIANCEBERNSTEIN HOLDING LP 1.5%

Value ($000) $7,302 Shares 241,312 Est. Cost $29.11 Unrealized —

RNR RENAISSANCERE HOLDINGS LTD 1.3%

Value ($000) $6,200 Shares 31,627 Est. Cost $189.46 Unrealized 0.0%

XYZ SQUARE INC 1.2%

Value ($000) $5,964 Shares 95,339 Est. Cost $67.93 Unrealized -5.9%

OSG AMBAC FINL GROUP INC 1.0%

Value ($000) $4,827 Shares 223,791 Est. Cost $20.51 Unrealized 0.0%

ACIC UNITED INS HLDGS CORP 0.8%

Value ($000) $4,016 Shares 318,469 Est. Cost $12.88 Unrealized -19.3%

IMPM IMPAC MTG HLDGS INC 0.3%

Value ($000) $1,241 Shares 235,856 Est. Cost $5.45 Unrealized +19.3%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
OMF	ONEMAIN HLDGS INC	760,538	$32,057	6.6%	$34.04	+18.8%	COM	68268W103
—	COWEN INC	1,884,985	$29,689	6.1%	$14.99	—	CL A NEW	223622606
AGO	ASSURED GUARANTY LTD	501,448	$24,581	5.1%	$27.36	+57.0%	COM	G0585R106
—	ALLEGHANY CORP DEL	27,261	$21,797	4.5%	$690.89	—	COM	017175100
—	NATIONAL GEN HLDGS CORP	924,038	$20,421	4.2%	$23.12	—	COM	636220303
MKL	MARKEL CORP	16,368	$18,711	3.9%	$1136.92	+0.2%	COM	570535104
—	BGC PARTNERS INC	3,086,289	$18,333	3.8%	$5.34	—	CL A	05541T101
KMPR	KEMPER CORP DEL	223,734	$17,339	3.6%	$74.59	0.0%	COM	488401100
GPN	GLOBAL PMTS INC	93,993	$17,159	3.5%	$163.49	0.0%	COM	37940X102
—	TCF FINANCIAL CORPORATION NE	362,321	$16,957	3.5%	$43.01	—	COM	872307103
SCHW	THE CHARLES SCHWAB CORPORATI	351,799	$16,732	3.4%	$37.23	+8.8%	COM	808513105
TW	TRADEWEB MKTS INC	359,644	$16,669	3.4%	$43.19	-0.2%	CL A	892672106
LOPE	GRAND CANYON ED INC	169,928	$16,277	3.4%	$92.28	0.0%	COM	38526M106
—	BROOKFIELD ASSET MGMT INC	276,258	$15,968	3.3%	$54.85	—	CL A LTD VT SH	112585104
—	CUBIC CORP	246,543	$15,673	3.2%	$62.34	—	COM	229669106
—	FOCUS FINL PARTNERS INC	519,901	$15,321	3.2%	$25.59	—	COM CL A	34417P100
BWIN	BRP GROUP INC	899,787	$14,442	3.0%	$15.94	0.0%	COM CL A	05589G102
UPBD	RENT A CTR INC NEW	474,124	$13,674	2.8%	$24.03	+8.8%	COM	76009N100
—	FORTRESS TRANS INFRST INVS L	682,826	$13,342	2.7%	$17.80	—	COM REP LTD LIAB	34960P101
V	VISA INC	70,524	$13,251	2.7%	$153.36	+12.5%	COM CL A	92826C839
C	CITIGROUP INC	161,919	$12,936	2.7%	$59.26	0.0%	COM NEW	172967424
MCHB	HOMESTREET INC	373,328	$12,693	2.6%	$28.45	+8.8%	COM	43785V102
—	CARLYLE GROUP L P	383,368	$12,298	2.5%	$20.59	—	COM UTS LTD PTN	14309L102
SBNY	SIGNATURE BK NEW YORK N Y	84,279	$11,513	2.4%	$119.22	—	COM	82669G104
—	TRUECAR INC	2,334,943	$11,091	2.3%	$4.75	—	COM	89785L107
—	AXA EQUITABLE HLDGS INC	440,401	$10,913	2.2%	$20.44	—	COM	054561105
XP	XP INC	222,861	$8,585	1.8%	$37.54	0.0%	CL A	G98239109
HBT	HBT FINL INC	414,794	$7,877	1.6%	$17.05	0.0%	COM	404111106
AB	ALLIANCEBERNSTEIN HOLDING LP	241,312	$7,302	1.5%	$29.11	—	UNIT LTD PARTN	01881G106
RNR	RENAISSANCERE HOLDINGS LTD	31,627	$6,200	1.3%	$189.46	0.0%	COM	G7496G103
XYZ	SQUARE INC	95,339	$5,964	1.2%	$67.93	-5.9%	CL A	852234103
OSG	AMBAC FINL GROUP INC	223,791	$4,827	1.0%	$20.51	0.0%	COM NEW	023139884
ACIC	UNITED INS HLDGS CORP	318,469	$4,016	0.8%	$12.88	-19.3%	COM	910710102
IMPM	IMPAC MTG HLDGS INC	235,856	$1,241	0.3%	$5.45	+19.3%	COM NEW	45254P508