VELOCITY FINL INC

Ticker: VEL CUSIP: 92262D101 Class: Common Stock

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

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

Q1 2020

Shares 842,938 Value ($000) $6,347 Avg Close $11.67 Range $3.03 - $14.90

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	842,938	$6,347	$11.67	$3.03 - $14.90