Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q1 2024 (← Previous) (Next →)

Filing Date: May 14, 2024

Total Value ($000): $585,441 (100.0% shares, 0.0% debt)

Holdings (43)

QQQ INVESCO QQQ TR 8.6%

Value ($000) $50,617 Shares 114,000 Est. Cost — Unrealized —

XHB SPDR SER TR 5.3%

Value ($000) $31,245 Shares 280,000 Est. Cost — Unrealized —

GEO GEO GROUP INC NEW 4.8%

Value ($000) $27,990 Shares 1,982,315 Est. Cost $8.15 Unrealized +46.2%

KRE SPDR SER TR 4.3%

Value ($000) $25,140 Shares 500,000 Est. Cost — Unrealized —

NXE NEXGEN ENERGY LTD 4.1%

Value ($000) $24,138 Shares 3,106,580 Est. Cost $5.68 Unrealized +30.8%

AGO ASSURED GUARANTY LTD 3.3%

Value ($000) $19,189 Shares 219,935 Est. Cost $54.90 Unrealized +50.2%

CXW CORECIVIC INC 3.1%

Value ($000) $17,913 Shares 1,147,513 Est. Cost $9.08 Unrealized +60.6%

MUFG MITSUBISHI UFJ FINL GROUP IN 3.0%

Value ($000) $17,557 Shares 1,716,193 Est. Cost $8.50 Unrealized —

SLM SLM CORP 2.9%

Value ($000) $16,805 Shares 771,245 Est. Cost $14.88 Unrealized +34.0%

MCHB HOMESTREET INC 2.8%

Value ($000) $16,662 Shares 1,107,102 Est. Cost $13.73 Unrealized 0.0%

MS MORGAN STANLEY 2.8%

Value ($000) $16,640 Shares 176,724 Est. Cost $83.21 Unrealized 0.0%

SII SPROTT INC 2.8%

Value ($000) $16,340 Shares 442,099 Est. Cost $29.67 Unrealized +16.8%

PWP PERELLA WEINBERG PARTNERS 2.8%

Value ($000) $16,107 Shares 1,139,934 Est. Cost $12.18 Unrealized 0.0%

AER AERCAP HOLDINGS NV 2.7%

Value ($000) $15,985 Shares 183,929 Est. Cost $63.84 Unrealized +21.2%

AIG AMERICAN INTL GROUP INC 2.7%

Value ($000) $15,943 Shares 203,947 Est. Cost $68.48 Unrealized 0.0%

CUBI CUSTOMERS BANCORP INC 2.7%

Value ($000) $15,866 Shares 299,013 Est. Cost $41.97 Unrealized +25.5%

HG HAMILTON INSURANCE GROUP LTD 2.6%

Value ($000) $15,358 Shares 1,102,531 Est. Cost $14.88 Unrealized -2.5%

GS GOLDMAN SACHS GROUP INC 2.2%

Value ($000) $13,043 Shares 31,227 Est. Cost $372.27 Unrealized 0.0%

APO APOLLO GLOBAL MGMT INC 2.1%

Value ($000) $12,481 Shares 110,995 Est. Cost $81.05 Unrealized +26.7%

UEC URANIUM ENERGY CORP 2.0%

Value ($000) $11,761 Shares 1,742,390 Est. Cost $3.99 Unrealized +77.3%

F FORD MTR CO DEL 2.0%

Value ($000) $11,684 Shares 879,794 Est. Cost $10.69 Unrealized 0.0%

IPX IPERIONX LTD 1.9%

Value ($000) $11,017 Shares 738,924 Est. Cost $14.91 Unrealized —

AXS AXIS CAP HLDGS LTD 1.8%

Value ($000) $10,756 Shares 165,419 Est. Cost $58.09 Unrealized 0.0%

UBS UBS GROUP AG 1.8%

Value ($000) $10,733 Shares 349,396 Est. Cost $23.36 Unrealized +26.5%

GM GENERAL MTRS CO 1.8%

Value ($000) $10,710 Shares 236,172 Est. Cost $38.00 Unrealized 0.0%

ALL ALLSTATE CORP 1.8%

Value ($000) $10,378 Shares 59,986 Est. Cost $115.50 Unrealized +31.5%

EG EVEREST GROUP LTD 1.7%

Value ($000) $9,937 Shares 24,998 Est. Cost $352.52 Unrealized +3.1%

RNR RENAISSANCERE HLDGS LTD 1.7%

Value ($000) $9,856 Shares 41,934 Est. Cost $201.25 Unrealized +10.3%

FFWM FIRST FNDTN INC 1.7%

Value ($000) $9,795 Shares 1,297,387 Est. Cost $8.21 Unrealized +4.1%

— BRIDGE INVT GROUP HLDGS INC 1.6%

Value ($000) $9,577 Shares 1,398,109 Est. Cost $8.52 Unrealized —

GLNG GOLAR LNG LTD 1.6%

Value ($000) $9,356 Shares 388,866 Est. Cost $21.00 Unrealized 0.0%

FCFS FIRSTCASH HOLDINGS INC 1.5%

Value ($000) $8,521 Shares 66,812 Est. Cost $92.31 Unrealized +22.4%

PGR PROGRESSIVE CORP 1.4%

Value ($000) $8,479 Shares 40,998 Est. Cost $143.35 Unrealized +19.0%

UPBD UPBOUND GROUP INC 1.4%

Value ($000) $8,311 Shares 236,029 Est. Cost $29.97 Unrealized +11.5%

BAC BANK AMERICA CORP 1.4%

Value ($000) $8,279 Shares 218,335 Est. Cost $32.80 Unrealized 0.0%

ANRO ALTO NEUROSCIENCE INC 1.1%

Value ($000) $6,685 Shares 435,489 Est. Cost $15.65 Unrealized 0.0%

KKR KKR & CO INC 1.1%

Value ($000) $6,370 Shares 63,331 Est. Cost $66.83 Unrealized +36.1%

LMND LEMONADE INC 1.0%

Value ($000) $5,941 Shares 362,049 Est. Cost $16.81 Unrealized 0.0%

PFSI PENNYMAC FINL SVCS INC NEW 0.9%

Value ($000) $5,455 Shares 59,884 Est. Cost $61.33 Unrealized +39.1%

BRK/B BERKSHIRE HATHAWAY INC DEL 0.9%

Value ($000) $5,273 Shares 12,540 Est. Cost $393.34 Unrealized 0.0%

HIG HARTFORD FINL SVCS GROUP INC 0.7%

Value ($000) $4,139 Shares 40,165 Est. Cost $88.72 Unrealized 0.0%

JRVR JAMES RIV GROUP LTD 0.7%

Value ($000) $4,084 Shares 439,137 Est. Cost $9.17 Unrealized 0.0%

FIP FTAI INFRASTRUCTURE INC 0.6%

Value ($000) $3,323 Shares 529,152 Est. Cost $4.46 Unrealized 0.0%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
QQQ	INVESCO QQQ TR	114,000	$50,617	8.6%	—	—	Put	46090E103
XHB	SPDR SER TR	280,000	$31,245	5.3%	—	—	Put	78464A888
GEO	GEO GROUP INC NEW	1,982,315	$27,990	4.8%	$8.15	+46.2%	COM	36162J106
KRE	SPDR SER TR	500,000	$25,140	4.3%	—	—	Put	78464A698
NXE	NEXGEN ENERGY LTD	3,106,580	$24,138	4.1%	$5.68	+30.8%	COM	65340P106
AGO	ASSURED GUARANTY LTD	219,935	$19,189	3.3%	$54.90	+50.2%	COM	G0585R106
CXW	CORECIVIC INC	1,147,513	$17,913	3.1%	$9.08	+60.6%	COM	21871N101
MUFG	MITSUBISHI UFJ FINL GROUP IN	1,716,193	$17,557	3.0%	$8.50	—	SPONSORED ADS	606822104
SLM	SLM CORP	771,245	$16,805	2.9%	$14.88	+34.0%	COM	78442P106
MCHB	HOMESTREET INC	1,107,102	$16,662	2.8%	$13.73	0.0%	COM	43785V102
MS	MORGAN STANLEY	176,724	$16,640	2.8%	$83.21	0.0%	COM NEW	617446448
SII	SPROTT INC	442,099	$16,340	2.8%	$29.67	+16.8%	COM NEW	852066208
PWP	PERELLA WEINBERG PARTNERS	1,139,934	$16,107	2.8%	$12.18	0.0%	CLASS A COM	71367G102
AER	AERCAP HOLDINGS NV	183,929	$15,985	2.7%	$63.84	+21.2%	SHS	N00985106
AIG	AMERICAN INTL GROUP INC	203,947	$15,943	2.7%	$68.48	0.0%	COM NEW	026874784
CUBI	CUSTOMERS BANCORP INC	299,013	$15,866	2.7%	$41.97	+25.5%	COM	23204G100
HG	HAMILTON INSURANCE GROUP LTD	1,102,531	$15,358	2.6%	$14.88	-2.5%	CL B	G42706104
GS	GOLDMAN SACHS GROUP INC	31,227	$13,043	2.2%	$372.27	0.0%	COM	38141G104
APO	APOLLO GLOBAL MGMT INC	110,995	$12,481	2.1%	$81.05	+26.7%	COM	03769M106
UEC	URANIUM ENERGY CORP	1,742,390	$11,761	2.0%	$3.99	+77.3%	COM	916896103
F	FORD MTR CO DEL	879,794	$11,684	2.0%	$10.69	0.0%	COM	345370860
IPX	IPERIONX LTD	738,924	$11,017	1.9%	$14.91	—	SPONSORED ADS	44916E100
AXS	AXIS CAP HLDGS LTD	165,419	$10,756	1.8%	$58.09	0.0%	SHS	G0692U109
UBS	UBS GROUP AG	349,396	$10,733	1.8%	$23.36	+26.5%	SHS	H42097107
GM	GENERAL MTRS CO	236,172	$10,710	1.8%	$38.00	0.0%	COM	37045V100
ALL	ALLSTATE CORP	59,986	$10,378	1.8%	$115.50	+31.5%	COM	020002101
EG	EVEREST GROUP LTD	24,998	$9,937	1.7%	$352.52	+3.1%	COM	G3223R108
RNR	RENAISSANCERE HLDGS LTD	41,934	$9,856	1.7%	$201.25	+10.3%	COM	G7496G103
FFWM	FIRST FNDTN INC	1,297,387	$9,795	1.7%	$8.21	+4.1%	COM	32026V104
—	BRIDGE INVT GROUP HLDGS INC	1,398,109	$9,577	1.6%	$8.52	—	COM CL A	10806B100
GLNG	GOLAR LNG LTD	388,866	$9,356	1.6%	$21.00	0.0%	SHS	G9456A100
FCFS	FIRSTCASH HOLDINGS INC	66,812	$8,521	1.5%	$92.31	+22.4%	COM	33768G107
PGR	PROGRESSIVE CORP	40,998	$8,479	1.4%	$143.35	+19.0%	COM	743315103
UPBD	UPBOUND GROUP INC	236,029	$8,311	1.4%	$29.97	+11.5%	COM	76009N100
BAC	BANK AMERICA CORP	218,335	$8,279	1.4%	$32.80	0.0%	COM	060505104
ANRO	ALTO NEUROSCIENCE INC	435,489	$6,685	1.1%	$15.65	0.0%	COM SHS	02157Q109
KKR	KKR & CO INC	63,331	$6,370	1.1%	$66.83	+36.1%	COM	48251W104
LMND	LEMONADE INC	362,049	$5,941	1.0%	$16.81	0.0%	COM	52567D107
PFSI	PENNYMAC FINL SVCS INC NEW	59,884	$5,455	0.9%	$61.33	+39.1%	COM	70932M107
BRK/B	BERKSHIRE HATHAWAY INC DEL	12,540	$5,273	0.9%	$393.34	0.0%	CL B NEW	084670702
HIG	HARTFORD FINL SVCS GROUP INC	40,165	$4,139	0.7%	$88.72	0.0%	COM	416515104
JRVR	JAMES RIV GROUP LTD	439,137	$4,084	0.7%	$9.17	0.0%	COM	G5005R107
FIP	FTAI INFRASTRUCTURE INC	529,152	$3,323	0.6%	$4.46	0.0%	COMMON STOCK	35953C106