STARWOOD PPTY TR INC

Ticker: STWD CUSIP: 85571B105 Class: COM

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

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

Q4 2013
Shares 261,630 Value ($000) $7,247 Avg Close — Range —
Q3 2013
Shares 528,474 Value ($000) $12,668 Avg Close — Range —
Q2 2013
Shares 544,002 Value ($000) $13,464 Avg Close — Range —