Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value ($000): $365,581 (100.0% shares, 0.0% debt)

Holdings (37)

PFSI PENNYMAC FINL SVCS INC NEW 6.5%

Value ($000) $23,846 Shares 339,162 Est. Cost $61.33 Unrealized 0.0%

— META PLATFORMS INC 6.3%

Value ($000) $22,958 Shares 80,000 Est. Cost — Unrealized —

AGO ASSURED GUARANTY LTD 4.5%

Value ($000) $16,618 Shares 297,821 Est. Cost $53.19 Unrealized -3.5%

ALL ALLSTATE CORP 4.5%

Value ($000) $16,500 Shares 151,323 Est. Cost $115.50 Unrealized -7.6%

AER AERCAP HOLDINGS NV 4.4%

Value ($000) $16,048 Shares 252,644 Est. Cost $58.91 Unrealized -3.6%

CXW CORECIVIC INC 4.4%

Value ($000) $15,979 Shares 1,698,050 Est. Cost $9.08 Unrealized 0.0%

BX BLACKSTONE INC 4.3%

Value ($000) $15,657 Shares 168,407 Est. Cost $80.16 Unrealized 0.0%

AIG AMERICAN INTL GROUP INC 3.9%

Value ($000) $14,401 Shares 250,283 Est. Cost $50.62 Unrealized 0.0%

HOOD ROBINHOOD MKTS INC 3.9%

Value ($000) $14,168 Shares 1,419,640 Est. Cost $9.32 Unrealized 0.0%

NAVI NAVIENT CORPORATION 3.7%

Value ($000) $13,466 Shares 724,782 Est. Cost $16.43 Unrealized 0.0%

PGR PROGRESSIVE CORP 3.6%

Value ($000) $12,981 Shares 98,068 Est. Cost $122.56 Unrealized 0.0%

AFG AMERICAN FINL GROUP INC OHIO 3.5%

Value ($000) $12,788 Shares 107,685 Est. Cost $103.17 Unrealized -3.8%

SLM SLM CORP 3.4%

Value ($000) $12,505 Shares 766,212 Est. Cost $14.76 Unrealized +3.1%

— MR COOPER GROUP INC 3.3%

Value ($000) $12,129 Shares 239,524 Est. Cost $50.64 Unrealized —

DLR DIGITAL RLTY TR INC 3.3%

Value ($000) $12,027 Shares 105,618 Est. Cost $90.52 Unrealized 0.0%

EWBC EAST WEST BANCORP INC 3.2%

Value ($000) $11,705 Shares 221,726 Est. Cost $61.58 Unrealized -23.8%

EG EVEREST RE GROUP LTD 2.9%

Value ($000) $10,602 Shares 31,013 Est. Cost $345.80 Unrealized 0.0%

MSFT MICROSOFT CORP 2.8%

Value ($000) $10,247 Shares 30,089 Est. Cost $307.21 Unrealized 0.0%

OMF ONEMAIN HLDGS INC 2.4%

Value ($000) $8,889 Shares 203,452 Est. Cost $39.01 Unrealized 0.0%

CCJ CAMECO CORP 2.3%

Value ($000) $8,416 Shares 268,627 Est. Cost $23.32 Unrealized +19.9%

CBOE CBOE GLOBAL MKTS INC 2.1%

Value ($000) $7,684 Shares 55,674 Est. Cost $122.71 Unrealized +8.3%

RNR RENAISSANCERE HLDGS LTD 2.0%

Value ($000) $7,443 Shares 39,903 Est. Cost $198.97 Unrealized 0.0%

— BLACK KNIGHT INC 2.0%

Value ($000) $7,359 Shares 123,201 Est. Cost $58.40 Unrealized —

HCI HCI GROUP INC 1.8%

Value ($000) $6,471 Shares 104,748 Est. Cost $54.93 Unrealized 0.0%

SPGI S&P GLOBAL INC 1.8%

Value ($000) $6,462 Shares 16,118 Est. Cost $357.76 Unrealized 0.0%

UEC URANIUM ENERGY CORP 1.7%

Value ($000) $6,113 Shares 1,797,992 Est. Cost $2.85 Unrealized 0.0%

— PINNACLE FINL PARTNERS INC 1.6%

Value ($000) $5,996 Shares 105,837 Est. Cost $55.16 Unrealized —

FCFS FIRSTCASH HOLDINGS INC 1.4%

Value ($000) $5,108 Shares 54,731 Est. Cost $94.32 Unrealized 0.0%

MHO M/I HOMES INC 1.4%

Value ($000) $5,106 Shares 58,561 Est. Cost $42.95 Unrealized +64.8%

FIHL FIDELIS INSURANCE HOLDINGS L 1.4%

Value ($000) $5,057 Shares 370,500 Est. Cost $12.81 Unrealized 0.0%

CAR AVIS BUDGET GROUP 1.2%

Value ($000) $4,502 Shares 19,689 Est. Cost $190.75 Unrealized -8.7%

GEO GEO GROUP INC NEW 1.2%

Value ($000) $4,332 Shares 605,056 Est. Cost $7.75 Unrealized 0.0%

FIP FTAI INFRASTRUCTURE INC 0.9%

Value ($000) $3,447 Shares 934,029 Est. Cost $2.61 Unrealized +16.9%

— SLM CORP 0.8%

Value ($000) $3,102 Shares 190,100 Est. Cost — Unrealized —

IBKR INTERACTIVE BROKERS GROUP IN 0.7%

Value ($000) $2,536 Shares 30,525 Est. Cost $20.03 Unrealized -2.9%

— NAVIENT CORPORATION 0.6%

Value ($000) $2,137 Shares 115,000 Est. Cost — Unrealized —

VTMX VESTA REAL ESTATE CORPORATIO 0.2%

Value ($000) $797 Shares 24,723 Est. Cost $32.22 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
PFSI	PENNYMAC FINL SVCS INC NEW	339,162	$23,846	6.5%	$61.33	0.0%	COM	70932M107
—	META PLATFORMS INC	80,000	$22,958	6.3%	—	—	Put	30303M952
AGO	ASSURED GUARANTY LTD	297,821	$16,618	4.5%	$53.19	-3.5%	COM	G0585R106
ALL	ALLSTATE CORP	151,323	$16,500	4.5%	$115.50	-7.6%	COM	020002101
AER	AERCAP HOLDINGS NV	252,644	$16,048	4.4%	$58.91	-3.6%	SHS	N00985106
CXW	CORECIVIC INC	1,698,050	$15,979	4.4%	$9.08	0.0%	COM	21871N101
BX	BLACKSTONE INC	168,407	$15,657	4.3%	$80.16	0.0%	COM	09260D107
AIG	AMERICAN INTL GROUP INC	250,283	$14,401	3.9%	$50.62	0.0%	COM NEW	026874784
HOOD	ROBINHOOD MKTS INC	1,419,640	$14,168	3.9%	$9.32	0.0%	COM CL A	770700102
NAVI	NAVIENT CORPORATION	724,782	$13,466	3.7%	$16.43	0.0%	COM	63938C108
PGR	PROGRESSIVE CORP	98,068	$12,981	3.6%	$122.56	0.0%	COM	743315103
AFG	AMERICAN FINL GROUP INC OHIO	107,685	$12,788	3.5%	$103.17	-3.8%	COM	025932104
SLM	SLM CORP	766,212	$12,505	3.4%	$14.76	+3.1%	COM	78442P106
—	MR COOPER GROUP INC	239,524	$12,129	3.3%	$50.64	—	COM	62482R107
DLR	DIGITAL RLTY TR INC	105,618	$12,027	3.3%	$90.52	0.0%	COM	253868103
EWBC	EAST WEST BANCORP INC	221,726	$11,705	3.2%	$61.58	-23.8%	COM	27579R104
EG	EVEREST RE GROUP LTD	31,013	$10,602	2.9%	$345.80	0.0%	COM	G3223R108
MSFT	MICROSOFT CORP	30,089	$10,247	2.8%	$307.21	0.0%	COM	594918104
OMF	ONEMAIN HLDGS INC	203,452	$8,889	2.4%	$39.01	0.0%	COM	68268W103
CCJ	CAMECO CORP	268,627	$8,416	2.3%	$23.32	+19.9%	COM	13321L108
CBOE	CBOE GLOBAL MKTS INC	55,674	$7,684	2.1%	$122.71	+8.3%	COM	12503M108
RNR	RENAISSANCERE HLDGS LTD	39,903	$7,443	2.0%	$198.97	0.0%	COM	G7496G103
—	BLACK KNIGHT INC	123,201	$7,359	2.0%	$58.40	—	COM	09215C105
HCI	HCI GROUP INC	104,748	$6,471	1.8%	$54.93	0.0%	COM	40416E103
SPGI	S&P GLOBAL INC	16,118	$6,462	1.8%	$357.76	0.0%	COM	78409V104
UEC	URANIUM ENERGY CORP	1,797,992	$6,113	1.7%	$2.85	0.0%	COM	916896103
—	PINNACLE FINL PARTNERS INC	105,837	$5,996	1.6%	$55.16	—	COM	72346Q104
FCFS	FIRSTCASH HOLDINGS INC	54,731	$5,108	1.4%	$94.32	0.0%	COM	33768G107
MHO	M/I HOMES INC	58,561	$5,106	1.4%	$42.95	+64.8%	COM	55305B101
FIHL	FIDELIS INSURANCE HOLDINGS L	370,500	$5,057	1.4%	$12.81	0.0%	COM	G3398L118
CAR	AVIS BUDGET GROUP	19,689	$4,502	1.2%	$190.75	-8.7%	COM	053774105
GEO	GEO GROUP INC NEW	605,056	$4,332	1.2%	$7.75	0.0%	COM	36162J106
FIP	FTAI INFRASTRUCTURE INC	934,029	$3,447	0.9%	$2.61	+16.9%	COMMON STOCK	35953C106
—	SLM CORP	190,100	$3,102	0.8%	—	—	Call	78442P906
IBKR	INTERACTIVE BROKERS GROUP IN	30,525	$2,536	0.7%	$20.03	-2.9%	COM CL A	45841N107
—	NAVIENT CORPORATION	115,000	$2,137	0.6%	—	—	Call	63938C908
VTMX	VESTA REAL ESTATE CORPORATIO	24,723	$797	0.2%	$32.22	—	ADS	92540K109