BOWHEAD SPECIALTY HLDGS INC

Ticker: BOW CUSIP: 10240L102 Class: Common Stock

Philadelphia Financial Management of San Francisco, LLC's Holding History (CIK: 0001351407)

Note: Option positions (PUT/CALL) are excluded.

Q3 2025

Shares 519,833 Value ($000) $14,056 Avg Close $31.31 Range $26.12 - $37.73

Q2 2025

Shares 162,189 Value ($000) $6,087 Avg Close $38.31 Range $34.28 - $41.98

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2025	519,833	$14,056	$31.31	$26.12 - $37.73
Q2 2025	162,189	$6,087	$38.31	$34.28 - $41.98