Philadelphia Financial Management of San Francisco, LLC
Securities ▲▼ | Shares | Value ($K) | |||||
|---|---|---|---|---|---|---|---|
Q4 2025 ▲▼ | Q1 2026 ▲▼ | Change ▲▼ | Q4 2025 ▲▼ | Q1 2026 ▲▼ | Weight (%) ▲▼ | Change ▲▼ | |
| GOLDMAN SACHS GROUP INC(GS)(Put) | 0 | 39,500 | +39,500 | 0 | 33,416,605 | — | +33,416,605 |
| AXIS CAP HLDGS LTD SHS | 0 | 148,000 | +148,000 | 0 | 15,008,680 | 4.81% | +15,008,680 |
| LINCOLN NATL CORP IND(LNC) | 0 | 285,000 | +285,000 | 0 | 10,117,500 | 3.24% | +10,117,500 |
| PINNACLE FINL PARTNERS INC(PNFP) | 0 | 115,664 | +115,664 | 0 | 9,963,297 | 3.19% | +9,963,297 |
| OPENLANE INC(OPLN) | 0 | 321,800 | +321,800 | 0 | 9,380,470 | 3.01% | +9,380,470 |
| AON PLC(AON) | 0 | 28,000 | +28,000 | 0 | 9,037,840 | 2.90% | +9,037,840 |
| AERCAP HOLDINGS NV(AER) | 0 | 64,253 | +64,253 | 0 | 8,814,227 | 2.82% | +8,814,227 |
| BANK HAWAII CORP | 0 | 117,700 | +117,700 | 0 | 8,739,225 | 2.80% | +8,739,225 |
| EAST WEST BANCORP INC(EWBC) | 0 | 81,600 | +81,600 | 0 | 8,711,616 | 2.79% | +8,711,616 |
| STIFEL FINL CORP(SF) | 0 | 113,348 | +113,348 | 0 | 8,378,684 | 2.68% | +8,378,684 |
| CAVCO INDS INC DEL(CVCO) | 0 | 15,850 | +15,850 | 0 | 7,675,996 | 2.46% | +7,675,996 |
| MASTERCARD INCORPORATED(MA) | 0 | 15,200 | +15,200 | 0 | 7,594,832 | 2.43% | +7,594,832 |
| AXOS FINANCIAL INC(AX) | 0 | 88,200 | +88,200 | 0 | 7,504,938 | 2.40% | +7,504,938 |
| GALLAGHER ARTHUR J & CO(AJG) | 0 | 33,000 | +33,000 | 0 | 7,147,140 | 2.29% | +7,147,140 |
| CREDIT ACCEP CORP MICH(CACC) | 0 | 16,538 | +16,538 | 0 | 7,003,181 | 2.24% | +7,003,181 |
| TRIUMPH FINANCIAL INC | 0 | 110,527 | +110,527 | 0 | 6,594,041 | 2.11% | +6,594,041 |
| POPULAR INC(BPOP) | 0 | 48,500 | +48,500 | 0 | 6,507,245 | 2.09% | +6,507,245 |
| BKV CORP(BKV) | 0 | 214,880 | +214,880 | 0 | 6,128,378 | 1.96% | +6,128,378 |
| GOLAR LNG LTD SHS | 0 | 109,400 | +109,400 | 0 | 5,919,634 | 1.90% | +5,919,634 |
| LEGACY HOUSING CORP | 134,227 | 415,163 | +280,936 | 2,620,111 | 8,481,780 | 2.72% | +5,861,669 |
| JACKSON FINANCIAL INC(JXN) | 0 | 50,000 | +50,000 | 0 | 5,286,000 | 1.69% | +5,286,000 |
| SLIDE INS HLDGS INC(SLDE) | 0 | 280,000 | +280,000 | 0 | 5,040,000 | 1.61% | +5,040,000 |
| SABLE OFFSHORE CORP | 328,081 | 453,722 | +125,641 | 2,959,291 | 7,495,487 | 2.40% | +4,536,196 |
| MEDIAALPHA INC | 0 | 480,000 | +480,000 | 0 | 4,464,000 | 1.43% | +4,464,000 |
| ASP ISOTOPES INC | 0 | 648,341 | +648,341 | 0 | 2,865,667 | 0.92% | +2,865,667 |
| ALMONTY INDS INC | 0 | 145,000 | +145,000 | 0 | 2,099,600 | 0.67% | +2,099,600 |
| LOANDEPOT INC | 0 | 243,001 | +243,001 | 0 | 345,061 | 0.11% | +345,061 |
| PENNYMAC FINL SVCS INC NEW(PFSI) | 43,787 | 69,366 | +25,579 | 5,772,878 | 6,062,588 | 1.94% | +289,710 |
| SKYLINE BLDRS GROUP HLDG LTD SHS CL A | 608,753 | 660,102 | +51,349 | 1,789,734 | 2,039,715 | 0.65% | +249,981 |
| NEW FORTRESS ENERGY INC | 209,964 | 600,000 | +390,036 | 239,359 | 354,000 | 0.11% | +114,641 |
| TANGO THERAPEUTICS INC(TNGX) | 33,291 | 0 | -33,291 | 294,958 | 0 | — | -294,958 |
| BREAD FINANCIAL HOLDINGS INC | 191,939 | 172,156 | -19,783 | 14,209,244 | 12,892,763 | 4.13% | -1,316,481 |
| NI HLDGS INC | 157,719 | 14,758 | -142,961 | 2,097,663 | 190,231 | 0.06% | -1,907,432 |
| PAR TECHNOLOGY CORP | 69,100 | 0 | -69,100 | 2,506,948 | 0 | — | -2,506,948 |
| GATX CORP(GATX) | 68,837 | 50,811 | -18,026 | 11,674,755 | 8,675,470 | 2.78% | -2,999,285 |
| CUSTOMERS BANCORP INC(CUBB) | 162,129 | 124,100 | -38,029 | 11,854,872 | 8,613,781 | 2.76% | -3,241,091 |
| ROBINHOOD MKTS INC(HOOD) | 78,889 | 78,883 | -6 | 8,922,346 | 5,466,592 | 1.75% | -3,455,754 |
| NEPTUNE INS HLDGS INC(NP) | 125,000 | 0 | -125,000 | 3,645,000 | 0 | — | -3,645,000 |
| A2Z CUST2MATE SOLUTIONS CORP | 625,352 | 53,047 | -572,305 | 4,071,042 | 353,823 | 0.11% | -3,717,219 |
| SUNRISE RLTY TR INC | 440,628 | 0 | -440,628 | 4,155,122 | 0 | — | -4,155,122 |
| EZCORP INC(EZPW) | 719,529 | 371,657 | -347,872 | 13,973,253 | 9,432,655 | 3.02% | -4,540,598 |
| BULLISH(BLSH) | 125,000 | 0 | -125,000 | 4,733,750 | 0 | — | -4,733,750 |
| FERMI INC(FRMI) | 677,866 | 0 | -677,866 | 5,422,928 | 0 | — | -5,422,928 |
| COLUMBIA BKG SYS INC(COLB) | 215,468 | 0 | -215,468 | 6,022,331 | 0 | — | -6,022,331 |
| NELNET INC(NNI) | 46,910 | 0 | -46,910 | 6,237,154 | 0 | — | -6,237,154 |
| AMERICAN INTL GROUP INC | 219,361 | 165,000 | -54,361 | 18,766,334 | 12,416,250 | 3.98% | -6,350,084 |
| ONEWATER MARINE INC | 614,605 | 0 | -614,605 | 6,650,026 | 0 | — | -6,650,026 |
| CAPITAL ONE FINL CORP(COF) | 27,643 | 0 | -27,643 | 6,699,557 | 0 | — | -6,699,557 |
| HAMILTON INSURANCE GROUP LTD(HG) | 495,283 | 223,291 | -271,992 | 13,818,396 | 6,660,771 | 2.13% | -7,157,625 |
| ARMOUR RESIDENTIAL REIT INC | 434,709 | 0 | -434,709 | 7,690,002 | 0 | — | -7,690,002 |
| ENOVA INTL INC(ENVA) | 50,311 | 0 | -50,311 | 7,908,889 | 0 | — | -7,908,889 |
| BANK OZK LITTLE ROCK ARK(OZK) | 189,226 | 0 | -189,226 | 8,708,181 | 0 | — | -8,708,181 |
| U S GOLD CORP | 1,209,624 | 969,792 | -239,832 | 23,478,802 | 14,731,140 | 4.72% | -8,747,662 |
| TOAST INC(TOST) | 257,848 | 0 | -257,848 | 9,156,182 | 0 | — | -9,156,182 |
| CARS COM INC | 751,671 | 0 | -751,671 | 9,170,386 | 0 | — | -9,170,386 |
| FUTU HLDGS LTD(FUTU) | 60,000 | 0 | -60,000 | 9,852,600 | 0 | — | -9,852,600 |
| TPG INC(TPG) | 155,699 | 0 | -155,699 | 9,939,824 | 0 | — | -9,939,824 |
| KKR & CO INC(KKR) | 78,563 | 0 | -78,563 | 10,015,211 | 0 | — | -10,015,211 |
| MECHANICS BANCORP(MCHB) | 1,319,486 | 545,321 | -774,165 | 19,304,080 | 8,043,485 | 2.58% | -11,260,595 |
| IREN LIMITED(Put) ORDINARY SHARES | 300,000 | 0 | -300,000 | 11,331,000 | 0 | — | -11,331,000 |
| BULLISH(BLSH)(Put) | 300,000 | 0 | -300,000 | 11,361,000 | 0 | — | -11,361,000 |
| TARGET HOSPITALITY CORP(TH) | 3,304,424 | 1,616,642 | -1,687,782 | 26,468,436 | 15,002,438 | 4.81% | -11,465,998 |
| BLOCK INC(XYZ) | 183,743 | 0 | -183,743 | 11,959,832 | 0 | — | -11,959,832 |
| AMERICAN FINL GROUP INC OHIO | 91,610 | 0 | -91,610 | 12,521,255 | 0 | — | -12,521,255 |
| CHAMPION HOMES INC(SKY) | 155,425 | 0 | -155,425 | 13,133,412 | 0 | — | -13,133,412 |
| MP MATERIALS CORP(MP)(Call) | 260,000 | 0 | -260,000 | 13,135,200 | 0 | — | -13,135,200 |
| LENDINGTREE INC NEW | 251,459 | 0 | -251,459 | 13,349,958 | 0 | — | -13,349,958 |
| THE BALDWIN INSURANCE GRP IN(BWIN) | 556,299 | 0 | -556,299 | 13,367,865 | 0 | — | -13,367,865 |
| HARTFORD INSURANCE GROUP INC(HIG) | 99,471 | 0 | -99,471 | 13,707,104 | 0 | — | -13,707,104 |
| HCI GROUP INC | 160,000 | 96,023 | -63,977 | 30,670,400 | 14,846,116 | 4.76% | -15,824,284 |
| DEUTSCHE BANK A G NAMEN AKT | 436,262 | 0 | -436,262 | 16,822,263 | 0 | — | -16,822,263 |
| APPLIED DIGITAL CORP(Put) | 700,000 | 0 | -700,000 | 17,164,000 | 0 | — | -17,164,000 |
| EXZEO GROUP INC(XZO) | 710,000 | 0 | -710,000 | 17,217,500 | 0 | — | -17,217,500 |
| HUT 8 CORP(HUT)(Put) | 400,000 | 0 | -400,000 | 18,376,000 | 0 | — | -18,376,000 |
| PINNACLE FINL PARTNERS INC | 206,171 | 0 | -206,171 | 19,670,775 | 0 | — | -19,670,775 |
| AMERICAN INTL GROUP INC(Call) | 230,300 | 0 | -230,300 | 19,702,165 | 0 | — | -19,702,165 |
| GENERAL MTRS CO(GM) | 254,590 | 0 | -254,590 | 20,703,259 | 0 | — | -20,703,259 |
| ISHARES BITCOIN TRUST ETF(IBIT)(Call) | 700,000 | 0 | -700,000 | 34,755,000 | 0 | — | -34,755,000 |
| COREWEAVE INC(CRWV)(Put) | 550,000 | 0 | -550,000 | 39,385,500 | 0 | — | -39,385,500 |
| BITMINE IMMERSION TECNOLOGIE(BMNP)(Put) | 1,500,000 | 0 | -1,500,000 | 40,725,000 | 0 | — | -40,725,000 |
| STRATEGY INC(MSTR)(Put) | 300,000 | 0 | -300,000 | 45,585,000 | 0 | — | -45,585,000 |
| COINBASE GLOBAL INC(COIN)(Put) | 400,000 | 0 | -400,000 | 90,456,000 | 0 | — | -90,456,000 |
| CIRCLE INTERNET GROUP INC(CRCL)(Put) | 1,335,000 | 0 | -1,335,000 | 105,865,500 | 0 | — | -105,865,500 |