Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

Location: San Francisco, CA

CIK: 0001351407 · Show all filings

Period: Q3 2023 (← Previous) (Next →)

Filing Date: Nov 14, 2023

Total Value: $393M (100.0% shares, 0.0% debt)

Holdings (30)

VLU SPDR SER TR 7.4%

Value $28.91M Shares 200,000 Est. Cost — Unrealized —

AGO ASSURED GUARANTY LTD 6.9%

Value $26.96M Shares 445,403 Est. Cost $54.68 Unrealized +5.5%

FCFS FIRSTCASH HOLDINGS INC 4.9%

Value $19.3M Shares 192,234 Est. Cost $92.31 Unrealized -0.9%

GEO GEO GROUP INC NEW 4.8%

Value $18.9M Shares 2,310,191 Est. Cost $7.43 Unrealized -1.5%

CXW CORECIVIC INC 4.7%

Value $18.49M Shares 1,643,404 Est. Cost $9.08 Unrealized +10.8%

SLM SLM CORP 4.7%

Value $18.3M Shares 1,343,412 Est. Cost $14.88 Unrealized +1.1%

APO APOLLO GLOBAL MGMT INC 4.2%

Value $16.57M Shares 184,614 Est. Cost $81.05 Unrealized 0.0%

AER AERCAP HOLDINGS NV 3.9%

Value $15.4M Shares 245,808 Est. Cost $58.91 Unrealized +5.2%

PFSI PENNYMAC FINL SVCS INC NEW 3.8%

Value $14.83M Shares 222,679 Est. Cost $61.33 Unrealized +13.9%

MUFG MITSUBISHI UFJ FINL GROUP IN 3.8%

Value $14.79M Shares 1,741,504 Est. Cost $8.49 Unrealized —

— NEW YORK CMNTY BANCORP INC 3.6%

Value $14.31M Shares 1,261,670 Est. Cost $11.34 Unrealized —

IXP ISHARES TR 3.5%

Value $13.66M Shares 200,000 Est. Cost — Unrealized —

— MR COOPER GROUP INC 3.4%

Value $13.43M Shares 250,812 Est. Cost $50.77 Unrealized —

EG EVEREST GROUP LTD 3.4%

Value $13.4M Shares 36,046 Est. Cost $346.23 Unrealized +0.8%

ACGL ARCH CAP GROUP LTD 3.3%

Value $13.14M Shares 164,908 Est. Cost $74.00 Unrealized 0.0%

UBS UBS GROUP AG 3.2%

Value $12.55M Shares 508,970 Est. Cost $23.36 Unrealized 0.0%

RNR RENAISSANCERE HLDGS LTD 3.1%

Value $12.25M Shares 61,913 Est. Cost $196.63 Unrealized -2.2%

CAR AVIS BUDGET GROUP 2.9%

Value $11.46M Shares 63,750 Est. Cost $201.24 Unrealized +2.3%

NXE NEXGEN ENERGY LTD 2.6%

Value $10.27M Shares 1,719,734 Est. Cost $5.18 Unrealized 0.0%

AIG AMERICAN INTL GROUP INC 2.6%

Value $10.07M Shares 166,136 Est. Cost $50.62 Unrealized +11.9%

UNM UNUM GROUP 2.4%

Value $9.531M Shares 193,756 Est. Cost $48.88 Unrealized 0.0%

ALL ALLSTATE CORP 2.3%

Value $9.082M Shares 81,523 Est. Cost $115.50 Unrealized -10.3%

FFWM FIRST FNDTN INC 2.2%

Value $8.738M Shares 1,437,175 Est. Cost $6.56 Unrealized 0.0%

XOM EXXON MOBIL CORP 2.1%

Value $8.202M Shares 69,758 Est. Cost $101.01 Unrealized 0.0%

CCJ CAMECO CORP 2.0%

Value $7.91M Shares 199,541 Est. Cost $23.32 Unrealized +50.8%

CB CHUBB LIMITED 1.9%

Value $7.417M Shares 35,627 Est. Cost $196.80 Unrealized 0.0%

LAD LITHIA MTRS INC 1.8%

Value $7.244M Shares 24,528 Est. Cost $304.77 Unrealized 0.0%

UEC URANIUM ENERGY CORP 1.6%

Value $6.314M Shares 1,226,083 Est. Cost $2.85 Unrealized +42.8%

CUBI CUSTOMERS BANCORP INC 1.6%

Value $6.25M Shares 181,418 Est. Cost $36.15 Unrealized 0.0%

NAVI NAVIENT CORPORATION 1.3%

Value $5.08M Shares 295,000 Est. Cost $16.43 Unrealized +9.6%

Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
VLU	SPDR SER TR	200,000	$28.91M	7.4%	—	—	Put	78464A128
AGO	ASSURED GUARANTY LTD	445,403	$26.96M	6.9%	$54.68	+5.5%	COM	G0585R106
FCFS	FIRSTCASH HOLDINGS INC	192,234	$19.3M	4.9%	$92.31	-0.9%	COM	33768G107
GEO	GEO GROUP INC NEW	2,310,191	$18.9M	4.8%	$7.43	-1.5%	COM	36162J106
CXW	CORECIVIC INC	1,643,404	$18.49M	4.7%	$9.08	+10.8%	COM	21871N101
SLM	SLM CORP	1,343,412	$18.3M	4.7%	$14.88	+1.1%	COM	78442P106
APO	APOLLO GLOBAL MGMT INC	184,614	$16.57M	4.2%	$81.05	0.0%	COM	03769M106
AER	AERCAP HOLDINGS NV	245,808	$15.4M	3.9%	$58.91	+5.2%	SHS	N00985106
PFSI	PENNYMAC FINL SVCS INC NEW	222,679	$14.83M	3.8%	$61.33	+13.9%	COM	70932M107
MUFG	MITSUBISHI UFJ FINL GROUP IN	1,741,504	$14.79M	3.8%	$8.49	—	SPONSORED ADS	606822104
—	NEW YORK CMNTY BANCORP INC	1,261,670	$14.31M	3.6%	$11.34	—	COM	649445103
IXP	ISHARES TR	200,000	$13.66M	3.5%	—	—	Put	464287275
—	MR COOPER GROUP INC	250,812	$13.43M	3.4%	$50.77	—	COM	62482R107
EG	EVEREST GROUP LTD	36,046	$13.4M	3.4%	$346.23	+0.8%	COM	G3223R108
ACGL	ARCH CAP GROUP LTD	164,908	$13.14M	3.3%	$74.00	0.0%	ORD	G0450A105
UBS	UBS GROUP AG	508,970	$12.55M	3.2%	$23.36	0.0%	SHS	H42097107
RNR	RENAISSANCERE HLDGS LTD	61,913	$12.25M	3.1%	$196.63	-2.2%	COM	G7496G103
CAR	AVIS BUDGET GROUP	63,750	$11.46M	2.9%	$201.24	+2.3%	COM	053774105
NXE	NEXGEN ENERGY LTD	1,719,734	$10.27M	2.6%	$5.18	0.0%	COM	65340P106
AIG	AMERICAN INTL GROUP INC	166,136	$10.07M	2.6%	$50.62	+11.9%	COM NEW	026874784
UNM	UNUM GROUP	193,756	$9.531M	2.4%	$48.88	0.0%	COM	91529Y106
ALL	ALLSTATE CORP	81,523	$9.082M	2.3%	$115.50	-10.3%	COM	020002101
FFWM	FIRST FNDTN INC	1,437,175	$8.738M	2.2%	$6.56	0.0%	COM	32026V104
XOM	EXXON MOBIL CORP	69,758	$8.202M	2.1%	$101.01	0.0%	COM	30231G102
CCJ	CAMECO CORP	199,541	$7.91M	2.0%	$23.32	+50.8%	COM	13321L108
CB	CHUBB LIMITED	35,627	$7.417M	1.9%	$196.80	0.0%	COM	H1467J104
LAD	LITHIA MTRS INC	24,528	$7.244M	1.8%	$304.77	0.0%	COM	536797103
UEC	URANIUM ENERGY CORP	1,226,083	$6.314M	1.6%	$2.85	+42.8%	COM	916896103
CUBI	CUSTOMERS BANCORP INC	181,418	$6.25M	1.6%	$36.15	0.0%	COM	23204G100
NAVI	NAVIENT CORPORATION	295,000	$5.08M	1.3%	$16.43	+9.6%	Call	63938C108