Philadelphia Financial Management of San Francisco, LLC

Est. AUM

$345.5M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

View filings ↗

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	GOLDMAN SACHS GROUP INCPUT	COM	$33.4M	39500	9.67%	SOLE
2	AXIS CAP HLDGS LTD	SHS	$15.0M	148000	4.34%	SOLE
3	TARGET HOSPITALITY CORP	COM	$15.0M	1616642	4.34%	SOLE
4	HCI GROUP INC	COM	$14.8M	96023	4.30%	SOLE
5	U S GOLD CORP	COM NEW	$14.7M	969792	4.26%	SOLE
6	BREAD FINANCIAL HOLDINGS INC	COM	$12.9M	172156	3.73%	SOLE
7	AMERICAN INTL GROUP INC	COM NEW	$12.4M	165000	3.59%	SOLE
8	LINCOLN NATL CORP IND	COM	$10.1M	285000	2.93%	SOLE
9	PINNACLE FINL PARTNERS INC	COM	$10.0M	115664	2.88%	SOLE
10	EZCORP INC	CL A NON VTG	$9.4M	371657	2.73%	SOLE
11	OPENLANE INC	COM	$9.4M	321800	2.71%	SOLE
12	AON PLC	SHS CL A	$9.0M	28000	2.62%	SOLE
13	AERCAP HOLDINGS NV	SHS	$8.8M	64253	2.55%	SOLE
14	BANK HAWAII CORP	COM	$8.7M	117700	2.53%	SOLE
15	EAST WEST BANCORP INC	COM	$8.7M	81600	2.52%	SOLE
16	GATX CORP	COM	$8.7M	50811	2.51%	SOLE
17	CUSTOMERS BANCORP INC	COM	$8.6M	124100	2.49%	SOLE
18	LEGACY HOUSING CORP	COM	$8.5M	415163	2.45%	SOLE
19	STIFEL FINL CORP	COM	$8.4M	113348	2.43%	SOLE
20	MECHANICS BANCORP	CL A	$8.0M	545321	2.33%	SOLE
21	CAVCO INDS INC DEL	COM	$7.7M	15850	2.22%	SOLE
22	MASTERCARD INCORPORATED	CL A	$7.6M	15200	2.20%	SOLE
23	AXOS FINANCIAL INC	COM	$7.5M	88200	2.17%	SOLE
24	SABLE OFFSHORE CORP	COM SHS	$7.5M	453722	2.17%	SOLE
25	GALLAGHER ARTHUR J & CO	COM	$7.1M	33000	2.07%	SOLE
26	CREDIT ACCEP CORP MICH	COM	$7.0M	16538	2.03%	SOLE
27	HAMILTON INSURANCE GROUP LTD	CL B	$6.7M	223291	1.93%	SOLE
28	TRIUMPH FINANCIAL INC	COM	$6.6M	110527	1.91%	SOLE
29	POPULAR INC	COM NEW	$6.5M	48500	1.88%	SOLE
30	BKV CORP	COM	$6.1M	214880	1.77%	SOLE
31	PENNYMAC FINL SVCS INC NEW	COM	$6.1M	69366	1.75%	SOLE
32	GOLAR LNG LTD	SHS	$5.9M	109400	1.71%	SOLE
33	ROBINHOOD MKTS INC	COM CL A	$5.5M	78883	1.58%	SOLE
34	JACKSON FINANCIAL INC	COM CL A	$5.3M	50000	1.53%	SOLE
35	SLIDE INS HLDGS INC	COM	$5.0M	280000	1.46%	SOLE
36	MEDIAALPHA INC	CL A	$4.5M	480000	1.29%	SOLE
37	ASP ISOTOPES INC	COM	$2.9M	648341	0.83%	SOLE
38	ALMONTY INDS INC	COM NEW	$2.1M	145000	0.61%	SOLE
39	SKYLINE BLDRS GROUP HLDG LTD	SHS CL A	$2.0M	660102	0.59%	SOLE
40	NEW FORTRESS ENERGY INC	COM CL A	$354K	600000	0.10%	SOLE
41	A2Z CUST2MATE SOLUTIONS CORP	COM	$354K	53047	0.10%	SOLE
42	LOANDEPOT INC	COM CL A	$345K	243001	0.10%	SOLE
43	NI HLDGS INC	COM	$190K	14758	0.05%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.