Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q2 2020 (← Previous) (Next →)

Filing Date: Aug 14, 2020

Total Value ($000): $216,218 (100.0% shares, 0.0% debt)

Holdings (35)

PFSI PENNYMAC FINL SVCS INC NEW 12.8%

Value ($000) $27,648 Shares 661,587 Est. Cost $29.83 Unrealized -1.2%

— COWEN INC 8.4%

Value ($000) $18,101 Shares 1,116,646 Est. Cost $14.74 Unrealized —

OMF ONEMAIN HLDGS INC 5.7%

Value ($000) $12,425 Shares 506,297 Est. Cost $34.10 Unrealized -33.2%

SBNY SIGNATURE BK NEW YORK N Y 5.4%

Value ($000) $11,603 Shares 108,525 Est. Cost $106.92 Unrealized —

— FORTRESS TRANS INFRST INVS L 4.9%

Value ($000) $10,566 Shares 813,421 Est. Cost $14.90 Unrealized —

BR BROADRIDGE FINL SOLUTIONS IN 4.5%

Value ($000) $9,705 Shares 76,908 Est. Cost $103.19 Unrealized +2.1%

— REALOGY HLDGS CORP 4.3%

Value ($000) $9,322 Shares 1,258,002 Est. Cost $7.41 Unrealized —

CINF CINCINNATI FINL CORP 3.8%

Value ($000) $8,309 Shares 129,770 Est. Cost $57.00 Unrealized 0.0%

LAD LITHIA MTRS INC 3.8%

Value ($000) $8,281 Shares 54,720 Est. Cost $120.63 Unrealized -5.1%

EVTC EVERTEC INC 3.8%

Value ($000) $8,267 Shares 294,211 Est. Cost $25.76 Unrealized 0.0%

RNR RENAISSANCERE HOLDINGS LTD 3.8%

Value ($000) $8,193 Shares 47,901 Est. Cost $164.13 Unrealized 0.0%

— FLAGSTAR BANCORP INC 3.7%

Value ($000) $8,062 Shares 273,942 Est. Cost $29.43 Unrealized —

CG CARLYLE GROUP INC 3.5%

Value ($000) $7,500 Shares 268,831 Est. Cost $23.69 Unrealized -10.0%

VIRT VIRTU FINL INC 3.4%

Value ($000) $7,347 Shares 311,295 Est. Cost $23.37 Unrealized 0.0%

WRB BERKLEY W R CORP 3.1%

Value ($000) $6,720 Shares 117,306 Est. Cost $21.65 Unrealized 0.0%

AB ALLIANCEBERNSTEIN HLDG L P 2.8%

Value ($000) $6,007 Shares 220,521 Est. Cost $29.11 Unrealized —

PJT PJT PARTNERS INC 2.7%

Value ($000) $5,933 Shares 115,559 Est. Cost $40.20 Unrealized +12.6%

AXS AXIS CAPITAL HOLDINGS LTD 2.7%

Value ($000) $5,758 Shares 141,956 Est. Cost $32.94 Unrealized 0.0%

LPRO OPEN LENDING CORP 2.6%

Value ($000) $5,569 Shares 368,809 Est. Cost $11.33 Unrealized 0.0%

OPLN KAR AUCTION SVCS INC 2.2%

Value ($000) $4,793 Shares 348,339 Est. Cost $13.73 Unrealized 0.0%

SAH SONIC AUTOMOTIVE INC 1.9%

Value ($000) $4,105 Shares 128,628 Est. Cost $26.08 Unrealized -11.7%

— FOCUS FINL PARTNERS INC 1.9%

Value ($000) $4,038 Shares 122,165 Est. Cost $25.59 Unrealized —

— WATFORD HOLDINGS LTD 1.8%

Value ($000) $3,791 Shares 227,136 Est. Cost $14.65 Unrealized —

EQH EQUITABLE HLDGS INC 1.4%

Value ($000) $3,024 Shares 156,742 Est. Cost $18.74 Unrealized -17.4%

ALTG ALTA EQUIPMENT GROUP INC 1.4%

Value ($000) $2,969 Shares 382,122 Est. Cost $8.01 Unrealized -28.2%

GSHD GOOSEHEAD INS INC 1.1%

Value ($000) $2,339 Shares 31,115 Est. Cost $57.94 Unrealized 0.0%

ONEW ONEWATER MARINE INC 0.4%

Value ($000) $970 Shares 39,938 Est. Cost $11.66 Unrealized +21.2%

FIS FIDELITY NATL INFORMATION SV 0.4%

Value ($000) $915 Shares 6,825 Est. Cost $116.75 Unrealized 0.0%

TW TRADEWEB MKTS INC 0.4%

Value ($000) $898 Shares 15,448 Est. Cost $43.19 Unrealized +33.3%

IMPM IMPAC MTG HLDGS INC 0.3%

Value ($000) $689 Shares 407,532 Est. Cost $4.57 Unrealized -59.7%

— BGC PARTNERS INC 0.3%

Value ($000) $587 Shares 214,137 Est. Cost $4.17 Unrealized —

DFIN DONNELLEY FINL SOLUTIONS INC 0.3%

Value ($000) $556 Shares 66,229 Est. Cost $7.20 Unrealized 0.0%

— ENVESTNET INC 0.2%

Value ($000) $523 Shares 7,117 Est. Cost $53.78 Unrealized —

— BROOKFIELD ASSET MGMT INC 0.2%

Value ($000) $429 Shares 13,033 Est. Cost $54.85 Unrealized —

— APPLIED MOLECULAR TRANS INC 0.1%

Value ($000) $276 Shares 10,970 Est. Cost $25.16 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PFSI	PENNYMAC FINL SVCS INC NEW	661,587	$27,648	12.8%	$29.83	-1.2%	COM	70932M107
—	COWEN INC	1,116,646	$18,101	8.4%	$14.74	—	CL A NEW	223622606
OMF	ONEMAIN HLDGS INC	506,297	$12,425	5.7%	$34.10	-33.2%	COM	68268W103
SBNY	SIGNATURE BK NEW YORK N Y	108,525	$11,603	5.4%	$106.92	—	COM	82669G104
—	FORTRESS TRANS INFRST INVS L	813,421	$10,566	4.9%	$14.90	—	COM REP LTD LIAB	34960P101
BR	BROADRIDGE FINL SOLUTIONS IN	76,908	$9,705	4.5%	$103.19	+2.1%	COM	11133T103
—	REALOGY HLDGS CORP	1,258,002	$9,322	4.3%	$7.41	—	COM	75605Y106
CINF	CINCINNATI FINL CORP	129,770	$8,309	3.8%	$57.00	0.0%	COM	172062101
LAD	LITHIA MTRS INC	54,720	$8,281	3.8%	$120.63	-5.1%	CL A	536797103
EVTC	EVERTEC INC	294,211	$8,267	3.8%	$25.76	0.0%	COM	30040P103
RNR	RENAISSANCERE HOLDINGS LTD	47,901	$8,193	3.8%	$164.13	0.0%	COM	G7496G103
—	FLAGSTAR BANCORP INC	273,942	$8,062	3.7%	$29.43	—	COM PAR .001	337930705
CG	CARLYLE GROUP INC	268,831	$7,500	3.5%	$23.69	-10.0%	COM	14316J108
VIRT	VIRTU FINL INC	311,295	$7,347	3.4%	$23.37	0.0%	CL A	928254101
WRB	BERKLEY W R CORP	117,306	$6,720	3.1%	$21.65	0.0%	COM	084423102
AB	ALLIANCEBERNSTEIN HLDG L P	220,521	$6,007	2.8%	$29.11	—	UNIT LTD PARTN	01881G106
PJT	PJT PARTNERS INC	115,559	$5,933	2.7%	$40.20	+12.6%	COM CL A	69343T107
AXS	AXIS CAPITAL HOLDINGS LTD	141,956	$5,758	2.7%	$32.94	0.0%	SHS	G0692U109
LPRO	OPEN LENDING CORP	368,809	$5,569	2.6%	$11.33	0.0%	COM CL A	68373J104
OPLN	KAR AUCTION SVCS INC	348,339	$4,793	2.2%	$13.73	0.0%	COM	48238T109
SAH	SONIC AUTOMOTIVE INC	128,628	$4,105	1.9%	$26.08	-11.7%	CL A	83545G102
—	FOCUS FINL PARTNERS INC	122,165	$4,038	1.9%	$25.59	—	COM CL A	34417P100
—	WATFORD HOLDINGS LTD	227,136	$3,791	1.8%	$14.65	—	SHS	G94787101
EQH	EQUITABLE HLDGS INC	156,742	$3,024	1.4%	$18.74	-17.4%	COM	29452E101
ALTG	ALTA EQUIPMENT GROUP INC	382,122	$2,969	1.4%	$8.01	-28.2%	COMMON STOCK	02128L106
GSHD	GOOSEHEAD INS INC	31,115	$2,339	1.1%	$57.94	0.0%	COM CL A	38267D109
ONEW	ONEWATER MARINE INC	39,938	$970	0.4%	$11.66	+21.2%	CL A COM	68280L101
FIS	FIDELITY NATL INFORMATION SV	6,825	$915	0.4%	$116.75	0.0%	COM	31620M106
TW	TRADEWEB MKTS INC	15,448	$898	0.4%	$43.19	+33.3%	CL A	892672106
IMPM	IMPAC MTG HLDGS INC	407,532	$689	0.3%	$4.57	-59.7%	COM NEW	45254P508
—	BGC PARTNERS INC	214,137	$587	0.3%	$4.17	—	CL A	05541T101
DFIN	DONNELLEY FINL SOLUTIONS INC	66,229	$556	0.3%	$7.20	0.0%	COM	25787G100
—	ENVESTNET INC	7,117	$523	0.2%	$53.78	—	COM	29404K106
—	BROOKFIELD ASSET MGMT INC	13,033	$429	0.2%	$54.85	—	CL A LTD VT SH	112585104
—	APPLIED MOLECULAR TRANS INC	10,970	$276	0.1%	$25.16	—	COM	03824M109