VISA INC

Ticker: V CUSIP: 92826C839 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 43,706 Value ($000) $7,042 Avg Close $180.69 Range $128.56 - $205.58

Q4 2019

Shares 70,524 Value ($000) $13,251 Avg Close $172.55 Range $161.32 - $182.01

Q3 2019

Shares 66,196 Value ($000) $11,386 Avg Close $170.31 Range $159.55 - $178.99

Q2 2019

Shares 36,596 Value ($000) $6,351 Avg Close $156.33 Range $149.14 - $167.16

Q1 2019

Shares 83,041 Value ($000) $12,970 Avg Close $137.38 Range $121.79 - $149.61

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	43,706	$7,042	$180.69	$128.56 - $205.58
Q4 2019	70,524	$13,251	$172.55	$161.32 - $182.01
Q3 2019	66,196	$11,386	$170.31	$159.55 - $178.99
Q2 2019	36,596	$6,351	$156.33	$149.14 - $167.16
Q1 2019	83,041	$12,970	$137.38	$121.79 - $149.61