Philadelphia Financial Management of San Francisco, LLC Quant / Systematic

CIK: 0001351407 · Show all filings

Period: Q1 2025 (← Previous) (Next →)

Filing Date: May 15, 2025

Total Value ($000): $510,481 (100.0% shares, 0.0% debt)

Holdings (45)

SLM SLM CORP 5.8%

Value ($000) $29,664 Shares 1,010,000 Est. Cost $24.73 Unrealized +18.3%

EQH EQUITABLE HLDGS INC 4.8%

Value ($000) $24,702 Shares 474,225 Est. Cost $51.33 Unrealized 0.0%

MCHB HOMESTREET INC 4.2%

Value ($000) $21,438 Shares 1,826,048 Est. Cost $12.96 Unrealized -23.5%

TSLA TESLA INC 3.8%

Value ($000) $19,437 Shares 75,000 Est. Cost — Unrealized —

PFSI PENNYMAC FINL SVCS INC NEW 3.7%

Value ($000) $18,701 Shares 186,804 Est. Cost $101.23 Unrealized 0.0%

CACC CREDIT ACCEP CORP MICH 3.6%

Value ($000) $18,481 Shares 35,791 Est. Cost $494.63 Unrealized 0.0%

CXW CORECIVIC INC 3.6%

Value ($000) $18,186 Shares 896,290 Est. Cost $20.12 Unrealized 0.0%

GLNG GOLAR LNG LTD 3.4%

Value ($000) $17,422 Shares 458,586 Est. Cost $24.78 Unrealized +54.3%

ASPI ASP ISOTOPES INC 3.2%

Value ($000) $16,453 Shares 3,508,062 Est. Cost $4.67 Unrealized +6.9%

KMX CARMAX INC 3.2%

Value ($000) $16,370 Shares 210,082 Est. Cost $80.17 Unrealized 0.0%

SLM SLM CORP 3.1%

Value ($000) $16,060 Shares 546,815 Est. Cost $24.73 Unrealized +18.3%

ABX ABACUS GLOBAL MGMT INC 3.0%

Value ($000) $15,498 Shares 2,069,221 Est. Cost $8.31 Unrealized -11.5%

EG EVEREST GROUP LTD 3.0%

Value ($000) $15,332 Shares 42,199 Est. Cost $349.73 Unrealized 0.0%

GEO GEO GROUP INC NEW 3.0%

Value ($000) $15,065 Shares 515,749 Est. Cost $22.17 Unrealized +29.3%

HG HAMILTON INSURANCE GROUP LTD 2.9%

Value ($000) $14,797 Shares 713,798 Est. Cost $18.50 Unrealized +5.5%

AGO ASSURED GUARANTY LTD 2.8%

Value ($000) $14,520 Shares 164,818 Est. Cost $64.09 Unrealized +39.0%

ACVA ACV AUCTIONS INC 2.8%

Value ($000) $14,426 Shares 1,023,871 Est. Cost $18.41 Unrealized 0.0%

SII SPROTT INC 2.6%

Value ($000) $13,292 Shares 296,235 Est. Cost $30.71 Unrealized +38.9%

MCB METROPOLITAN BK HLDG CORP 2.5%

Value ($000) $12,602 Shares 225,072 Est. Cost $59.03 Unrealized 0.0%

AMTB AMERANT BANCORP INC 2.3%

Value ($000) $11,640 Shares 563,973 Est. Cost $21.34 Unrealized +1.8%

TH TARGET HOSPITALITY CORP 2.2%

Value ($000) $11,441 Shares 1,738,716 Est. Cost $8.03 Unrealized 0.0%

EUFN ISHARES TR 2.2%

Value ($000) $11,396 Shares 400,000 Est. Cost — Unrealized —

AON AON PLC 2.1%

Value ($000) $10,891 Shares 27,289 Est. Cost $381.59 Unrealized 0.0%

RNR RENAISSANCERE HLDGS LTD 2.1%

Value ($000) $10,603 Shares 44,178 Est. Cost $241.96 Unrealized 0.0%

ALL ALLSTATE CORP 2.1%

Value ($000) $10,564 Shares 51,015 Est. Cost $178.72 Unrealized +7.0%

C CITIGROUP INC 2.0%

Value ($000) $10,436 Shares 147,010 Est. Cost $74.53 Unrealized 0.0%

FIP FTAI INFRASTRUCTURE INC 1.9%

Value ($000) $9,932 Shares 2,192,479 Est. Cost $8.11 Unrealized -24.8%

UNH UNITEDHEALTH GROUP INC 1.9%

Value ($000) $9,904 Shares 18,910 Est. Cost $499.48 Unrealized 0.0%

SF STIFEL FINL CORP 1.8%

Value ($000) $9,331 Shares 98,988 Est. Cost $105.03 Unrealized -0.9%

IPX IPERIONX LTD 1.6%

Value ($000) $7,963 Shares 442,659 Est. Cost $14.82 Unrealized —

EWBC EAST WEST BANCORP INC 1.4%

Value ($000) $7,323 Shares 81,579 Est. Cost $92.77 Unrealized 0.0%

SUNS SUNRISE RLTY TR INC 1.3%

Value ($000) $6,629 Shares 598,865 Est. Cost $11.07 Unrealized —

SOC SABLE OFFSHORE CORP 1.3%

Value ($000) $6,627 Shares 261,212 Est. Cost $25.61 Unrealized 0.0%

BUSE FIRST BUSEY CORP 1.3%

Value ($000) $6,529 Shares 302,289 Est. Cost $22.17 Unrealized 0.0%

PGR PROGRESSIVE CORP 1.3%

Value ($000) $6,401 Shares 22,617 Est. Cost $245.29 Unrealized 0.0%

RNST RENASANT CORP 1.2%

Value ($000) $6,109 Shares 180,039 Est. Cost $33.20 Unrealized +9.0%

LGIH LGI HOMES INC 1.0%

Value ($000) $5,123 Shares 77,068 Est. Cost $80.78 Unrealized 0.0%

ONEW ONEWATER MARINE INC 0.8%

Value ($000) $4,053 Shares 250,505 Est. Cost $17.11 Unrealized 0.0%

— MR COOPER GROUP INC 0.8%

Value ($000) $4,046 Shares 33,832 Est. Cost $119.60 Unrealized —

HIPO HIPPO HLDGS INC 0.5%

Value ($000) $2,636 Shares 103,135 Est. Cost $27.75 Unrealized 0.0%

AZ A2Z CUST2MATE SOLUTIONS CORP 0.4%

Value ($000) $2,242 Shares 317,634 Est. Cost $6.94 Unrealized 0.0%

USAU U S GOLD CORP 0.4%

Value ($000) $2,163 Shares 237,931 Est. Cost $8.29 Unrealized 0.0%

NODK NI HLDGS INC 0.4%

Value ($000) $1,792 Shares 125,678 Est. Cost $15.79 Unrealized -7.8%

LDI LOANDEPOT INC 0.3%

Value ($000) $1,469 Shares 1,234,576 Est. Cost $1.62 Unrealized 0.0%

NFE NEW FORTRESS ENERGY INC 0.2%

Value ($000) $792 Shares 95,277 Est. Cost $10.36 Unrealized +18.9%

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
SLM	SLM CORP	1,010,000	$29,664	5.8%	$24.73	+18.3%	Call	78442P106
EQH	EQUITABLE HLDGS INC	474,225	$24,702	4.8%	$51.33	0.0%	COM	29452E101
MCHB	HOMESTREET INC	1,826,048	$21,438	4.2%	$12.96	-23.5%	COM	43785V102
TSLA	TESLA INC	75,000	$19,437	3.8%	—	—	Put	88160R101
PFSI	PENNYMAC FINL SVCS INC NEW	186,804	$18,701	3.7%	$101.23	0.0%	COM	70932M107
CACC	CREDIT ACCEP CORP MICH	35,791	$18,481	3.6%	$494.63	0.0%	COM	225310101
CXW	CORECIVIC INC	896,290	$18,186	3.6%	$20.12	0.0%	COM	21871N101
GLNG	GOLAR LNG LTD	458,586	$17,422	3.4%	$24.78	+54.3%	SHS	G9456A100
ASPI	ASP ISOTOPES INC	3,508,062	$16,453	3.2%	$4.67	+6.9%	COM	00218A105
KMX	CARMAX INC	210,082	$16,370	3.2%	$80.17	0.0%	COM	143130102
SLM	SLM CORP	546,815	$16,060	3.1%	$24.73	+18.3%	COM	78442P106
ABX	ABACUS GLOBAL MGMT INC	2,069,221	$15,498	3.0%	$8.31	-11.5%	CL A	00258Y104
EG	EVEREST GROUP LTD	42,199	$15,332	3.0%	$349.73	0.0%	COM	G3223R108
GEO	GEO GROUP INC NEW	515,749	$15,065	3.0%	$22.17	+29.3%	COM	36162J106
HG	HAMILTON INSURANCE GROUP LTD	713,798	$14,797	2.9%	$18.50	+5.5%	CL B	G42706104
AGO	ASSURED GUARANTY LTD	164,818	$14,520	2.8%	$64.09	+39.0%	COM	G0585R106
ACVA	ACV AUCTIONS INC	1,023,871	$14,426	2.8%	$18.41	0.0%	COM CL A	00091G104
SII	SPROTT INC	296,235	$13,292	2.6%	$30.71	+38.9%	COM NEW	852066208
MCB	METROPOLITAN BK HLDG CORP	225,072	$12,602	2.5%	$59.03	0.0%	COM	591774104
AMTB	AMERANT BANCORP INC	563,973	$11,640	2.3%	$21.34	+1.8%	CL A	023576101
TH	TARGET HOSPITALITY CORP	1,738,716	$11,441	2.2%	$8.03	0.0%	COM	87615L107
EUFN	ISHARES TR	400,000	$11,396	2.2%	—	—	Put	464289180
AON	AON PLC	27,289	$10,891	2.1%	$381.59	0.0%	SHS CL A	G0403H108
RNR	RENAISSANCERE HLDGS LTD	44,178	$10,603	2.1%	$241.96	0.0%	COM	G7496G103
ALL	ALLSTATE CORP	51,015	$10,564	2.1%	$178.72	+7.0%	COM	020002101
C	CITIGROUP INC	147,010	$10,436	2.0%	$74.53	0.0%	COM NEW	172967424
FIP	FTAI INFRASTRUCTURE INC	2,192,479	$9,932	1.9%	$8.11	-24.8%	COMMON STOCK	35953C106
UNH	UNITEDHEALTH GROUP INC	18,910	$9,904	1.9%	$499.48	0.0%	COM	91324P102
SF	STIFEL FINL CORP	98,988	$9,331	1.8%	$105.03	-0.9%	COM	860630102
IPX	IPERIONX LTD	442,659	$7,963	1.6%	$14.82	—	SPONSORED ADS	44916E100
EWBC	EAST WEST BANCORP INC	81,579	$7,323	1.4%	$92.77	0.0%	COM	27579R104
SUNS	SUNRISE RLTY TR INC	598,865	$6,629	1.3%	$11.07	—	COM	867981102
SOC	SABLE OFFSHORE CORP	261,212	$6,627	1.3%	$25.61	0.0%	COM SHS	78574H104
BUSE	FIRST BUSEY CORP	302,289	$6,529	1.3%	$22.17	0.0%	COM NEW	319383204
PGR	PROGRESSIVE CORP	22,617	$6,401	1.3%	$245.29	0.0%	COM	743315103
RNST	RENASANT CORP	180,039	$6,109	1.2%	$33.20	+9.0%	COM	75970E107
LGIH	LGI HOMES INC	77,068	$5,123	1.0%	$80.78	0.0%	COM	50187T106
ONEW	ONEWATER MARINE INC	250,505	$4,053	0.8%	$17.11	0.0%	CL A COM	68280L101
—	MR COOPER GROUP INC	33,832	$4,046	0.8%	$119.60	—	COM	62482R107
HIPO	HIPPO HLDGS INC	103,135	$2,636	0.5%	$27.75	0.0%	COM NEW	433539202
AZ	A2Z CUST2MATE SOLUTIONS CORP	317,634	$2,242	0.4%	$6.94	0.0%	COM	002205102
USAU	U S GOLD CORP	237,931	$2,163	0.4%	$8.29	0.0%	COM NEW	90291C201
NODK	NI HLDGS INC	125,678	$1,792	0.4%	$15.79	-7.8%	COM	65342T106
LDI	LOANDEPOT INC	1,234,576	$1,469	0.3%	$1.62	0.0%	COM CL A	53946R106
NFE	NEW FORTRESS ENERGY INC	95,277	$792	0.2%	$10.36	+18.9%	COM CL A	644393100