Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

Location: San Francisco, CA

CIK: 0001351407 · Show all filings

Period: Q2 2023 (← Previous) (Next →)

Filing Date: Aug 14, 2023

Total Value: $366M (100.0% shares, 0.0% debt)

Holdings (37)

PFSI PENNYMAC FINL SVCS INC NEW 6.5%

Value $23.85M Shares 339,162 Est. Cost $61.33 Unrealized 0.0%

— META PLATFORMS INC 6.3%

Value $22.96M Shares 80,000 Est. Cost — Unrealized —

AGO ASSURED GUARANTY LTD 4.5%

Value $16.62M Shares 297,821 Est. Cost $53.19 Unrealized -3.5%

ALL ALLSTATE CORP 4.5%

Value $16.5M Shares 151,323 Est. Cost $115.50 Unrealized -7.6%

AER AERCAP HOLDINGS NV 4.4%

Value $16.05M Shares 252,644 Est. Cost $58.91 Unrealized -3.6%

CXW CORECIVIC INC 4.4%

Value $15.98M Shares 1,698,050 Est. Cost $9.08 Unrealized 0.0%

BX BLACKSTONE INC 4.3%

Value $15.66M Shares 168,407 Est. Cost $80.16 Unrealized 0.0%

AIG AMERICAN INTL GROUP INC 3.9%

Value $14.4M Shares 250,283 Est. Cost $50.62 Unrealized 0.0%

HOOD ROBINHOOD MKTS INC 3.9%

Value $14.17M Shares 1,419,640 Est. Cost $9.32 Unrealized 0.0%

NAVI NAVIENT CORPORATION 3.7%

Value $13.47M Shares 724,782 Est. Cost $16.43 Unrealized 0.0%

PGR PROGRESSIVE CORP 3.6%

Value $12.98M Shares 98,068 Est. Cost $122.56 Unrealized 0.0%

AFG AMERICAN FINL GROUP INC OHIO 3.5%

Value $12.79M Shares 107,685 Est. Cost $103.17 Unrealized -3.8%

SLM SLM CORP 3.4%

Value $12.5M Shares 766,212 Est. Cost $14.76 Unrealized +3.1%

— MR COOPER GROUP INC 3.3%

Value $12.13M Shares 239,524 Est. Cost $50.64 Unrealized —

DLR DIGITAL RLTY TR INC 3.3%

Value $12.03M Shares 105,618 Est. Cost $90.52 Unrealized 0.0%

EWBC EAST WEST BANCORP INC 3.2%

Value $11.7M Shares 221,726 Est. Cost $61.58 Unrealized -23.8%

EG EVEREST RE GROUP LTD 2.9%

Value $10.6M Shares 31,013 Est. Cost $345.80 Unrealized 0.0%

MSFT MICROSOFT CORP 2.8%

Value $10.25M Shares 30,089 Est. Cost $307.21 Unrealized 0.0%

OMF ONEMAIN HLDGS INC 2.4%

Value $8.889M Shares 203,452 Est. Cost $39.01 Unrealized 0.0%

CCJ CAMECO CORP 2.3%

Value $8.416M Shares 268,627 Est. Cost $23.32 Unrealized +19.9%

CBOE CBOE GLOBAL MKTS INC 2.1%

Value $7.684M Shares 55,674 Est. Cost $122.71 Unrealized +8.3%

RNR RENAISSANCERE HLDGS LTD 2.0%

Value $7.443M Shares 39,903 Est. Cost $198.97 Unrealized 0.0%

— BLACK KNIGHT INC 2.0%

Value $7.359M Shares 123,201 Est. Cost $58.40 Unrealized —

HCI HCI GROUP INC 1.8%

Value $6.471M Shares 104,748 Est. Cost $54.93 Unrealized 0.0%

SPGI S&P GLOBAL INC 1.8%

Value $6.462M Shares 16,118 Est. Cost $357.76 Unrealized 0.0%

UEC URANIUM ENERGY CORP 1.7%

Value $6.113M Shares 1,797,992 Est. Cost $2.85 Unrealized 0.0%

— PINNACLE FINL PARTNERS INC 1.6%

Value $5.996M Shares 105,837 Est. Cost $55.16 Unrealized —

FCFS FIRSTCASH HOLDINGS INC 1.4%

Value $5.108M Shares 54,731 Est. Cost $94.32 Unrealized 0.0%

MHO M/I HOMES INC 1.4%

Value $5.106M Shares 58,561 Est. Cost $42.95 Unrealized +64.8%

FIHL FIDELIS INSURANCE HOLDINGS L 1.4%

Value $5.057M Shares 370,500 Est. Cost $12.81 Unrealized 0.0%

CAR AVIS BUDGET GROUP 1.2%

Value $4.502M Shares 19,689 Est. Cost $190.75 Unrealized -8.7%

GEO GEO GROUP INC NEW 1.2%

Value $4.332M Shares 605,056 Est. Cost $7.75 Unrealized 0.0%

FIP FTAI INFRASTRUCTURE INC 0.9%

Value $3.447M Shares 934,029 Est. Cost $2.61 Unrealized +16.9%

— SLM CORP 0.8%

Value $3.102M Shares 190,100 Est. Cost — Unrealized —

IBKR INTERACTIVE BROKERS GROUP IN 0.7%

Value $2.536M Shares 30,525 Est. Cost $20.03 Unrealized -2.9%

— NAVIENT CORPORATION 0.6%

Value $2.137M Shares 115,000 Est. Cost — Unrealized —

VTMX VESTA REAL ESTATE CORPORATIO 0.2%

Value $797K Shares 24,723 Est. Cost $32.22 Unrealized —

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
PFSI	PENNYMAC FINL SVCS INC NEW	339,162	$23.85M	6.5%	$61.33	0.0%	COM	70932M107
—	META PLATFORMS INC	80,000	$22.96M	6.3%	—	—	Put	30303M952
AGO	ASSURED GUARANTY LTD	297,821	$16.62M	4.5%	$53.19	-3.5%	COM	G0585R106
ALL	ALLSTATE CORP	151,323	$16.5M	4.5%	$115.50	-7.6%	COM	020002101
AER	AERCAP HOLDINGS NV	252,644	$16.05M	4.4%	$58.91	-3.6%	SHS	N00985106
CXW	CORECIVIC INC	1,698,050	$15.98M	4.4%	$9.08	0.0%	COM	21871N101
BX	BLACKSTONE INC	168,407	$15.66M	4.3%	$80.16	0.0%	COM	09260D107
AIG	AMERICAN INTL GROUP INC	250,283	$14.4M	3.9%	$50.62	0.0%	COM NEW	026874784
HOOD	ROBINHOOD MKTS INC	1,419,640	$14.17M	3.9%	$9.32	0.0%	COM CL A	770700102
NAVI	NAVIENT CORPORATION	724,782	$13.47M	3.7%	$16.43	0.0%	COM	63938C108
PGR	PROGRESSIVE CORP	98,068	$12.98M	3.6%	$122.56	0.0%	COM	743315103
AFG	AMERICAN FINL GROUP INC OHIO	107,685	$12.79M	3.5%	$103.17	-3.8%	COM	025932104
SLM	SLM CORP	766,212	$12.5M	3.4%	$14.76	+3.1%	COM	78442P106
—	MR COOPER GROUP INC	239,524	$12.13M	3.3%	$50.64	—	COM	62482R107
DLR	DIGITAL RLTY TR INC	105,618	$12.03M	3.3%	$90.52	0.0%	COM	253868103
EWBC	EAST WEST BANCORP INC	221,726	$11.7M	3.2%	$61.58	-23.8%	COM	27579R104
EG	EVEREST RE GROUP LTD	31,013	$10.6M	2.9%	$345.80	0.0%	COM	G3223R108
MSFT	MICROSOFT CORP	30,089	$10.25M	2.8%	$307.21	0.0%	COM	594918104
OMF	ONEMAIN HLDGS INC	203,452	$8.889M	2.4%	$39.01	0.0%	COM	68268W103
CCJ	CAMECO CORP	268,627	$8.416M	2.3%	$23.32	+19.9%	COM	13321L108
CBOE	CBOE GLOBAL MKTS INC	55,674	$7.684M	2.1%	$122.71	+8.3%	COM	12503M108
RNR	RENAISSANCERE HLDGS LTD	39,903	$7.443M	2.0%	$198.97	0.0%	COM	G7496G103
—	BLACK KNIGHT INC	123,201	$7.359M	2.0%	$58.40	—	COM	09215C105
HCI	HCI GROUP INC	104,748	$6.471M	1.8%	$54.93	0.0%	COM	40416E103
SPGI	S&P GLOBAL INC	16,118	$6.462M	1.8%	$357.76	0.0%	COM	78409V104
UEC	URANIUM ENERGY CORP	1,797,992	$6.113M	1.7%	$2.85	0.0%	COM	916896103
—	PINNACLE FINL PARTNERS INC	105,837	$5.996M	1.6%	$55.16	—	COM	72346Q104
FCFS	FIRSTCASH HOLDINGS INC	54,731	$5.108M	1.4%	$94.32	0.0%	COM	33768G107
MHO	M/I HOMES INC	58,561	$5.106M	1.4%	$42.95	+64.8%	COM	55305B101
FIHL	FIDELIS INSURANCE HOLDINGS L	370,500	$5.057M	1.4%	$12.81	0.0%	COM	G3398L118
CAR	AVIS BUDGET GROUP	19,689	$4.502M	1.2%	$190.75	-8.7%	COM	053774105
GEO	GEO GROUP INC NEW	605,056	$4.332M	1.2%	$7.75	0.0%	COM	36162J106
FIP	FTAI INFRASTRUCTURE INC	934,029	$3.447M	0.9%	$2.61	+16.9%	COMMON STOCK	35953C106
—	SLM CORP	190,100	$3.102M	0.8%	—	—	Call	78442P906
IBKR	INTERACTIVE BROKERS GROUP IN	30,525	$2.536M	0.7%	$20.03	-2.9%	COM CL A	45841N107
—	NAVIENT CORPORATION	115,000	$2.137M	0.6%	—	—	Call	63938C908
VTMX	VESTA REAL ESTATE CORPORATIO	24,723	$797K	0.2%	$32.22	—	ADS	92540K109