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Philadelphia Financial Management Of San Francisco, LLC: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1351407) · Explore on the interactive board

Philadelphia Financial Management Of San Francisco, LLC disclosed 43 US equity positions worth $364.7m in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is USAU at 4.8% of the reported book, followed by WLFC, HIG. The top ten holdings are 38.6% of the book, and the portfolio behaves like about 36 equal-weight positions. Versus the prior filing it opened 30 new positions, added to 7, reduced 5 and exited 25. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$364.7mreported US equity book
43positions
4.8%largest position
38.6%top 10 weight
35.56effective positions (1/HHI)
2quarters on file since Q1 2026

What does Philadelphia Financial Management Of San Francisco, LLC own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 30 new, 7 added, 5 reduced, 25 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 USAU U S GOLD CORP 4.8%$17.6m1,145,546 18% added
2 WLFC WILLIS LEASE FIN CORP Industrials 4.6%$16.6m72,763 new
3 HIG HARTFORD INSURANCE GROUP INC Financial Services 4.3%$15.7m118,700 new
4 CXW CORECIVIC INC Industrials 4.0%$14.6m479,235 new
5 FTAI AVIATION LTD 4.0%$14.5m53,419 new
6 GEO GEO GROUP INC Industrials 3.9%$14.3m484,100 new
7 AIG AMERICAN INTL GROUP INC Financial Services 3.6%$13.2m176,449 7% added
8 LEGH LEGACY HOUSING CORP 3.3%$11.9m454,425 9% added
9 AJG GALLAGHER ARTHUR J & CO Financial Services 3.1%$11.4m49,500 50% added
10 LGIH LGI HOMES INC Consumer Cyclical 3.1%$11.2m175,175 new
11 AXIS CAP HLDGS LTD 2.9%$10.7m99,564 -33% reduced
12 CB CHUBB LIMITED Financial Services 2.8%$10.3m30,300 new
13 EQH EQUITABLE HLDGS INC Financial Services 2.7%$9.9m226,030 new
14 WNC WABASH NATL CORP Industrials 2.7%$9.8m726,847 new
15 ATLC ATLANTICUS HOLDINGS CORP Financial Services 2.5%$9.2m89,597 new
16 GATX GATX CORP Industrials 2.5%$8.9m50,500 -1% reduced
17 CUBI CUSTOMERS BANCORP INC Financial Services 2.4%$8.9m112,143 -10% reduced
18 FICO FAIR ISAAC CORP Technology 2.4%$8.8m7,340 new
19 ASPI ASP ISOTOPES INC 2.3%$8.4m1,343,007 107% added
20 MIAX MIAMI INTL HLDGS INC Financial Services 2.3%$8.3m223,715 new
21 FCFS FIRSTCASH HOLDINGS INC Financial Services 2.2%$8.0m37,100 new
22 HG HAMILTON INSURANCE GROUP LTD Financial Services 2.2%$8.0m234,448 5% added
23 STT STATE STR CORP Financial Services 2.2%$7.9m46,550 new
24 ARES ARES MANAGEMENT CORPORATION Financial Services 2.2%$7.8m70,500 new
25 PAYP PAYPAY CORP 2.0%$7.4m515,121 new
26 EVR EVERCORE INC Financial Services 2.0%$7.2m21,191 new
27 FIGR FIGURE TECHNOLOGY SOLUTIO Financial Services 2.0%$7.2m233,900 new
28 MCY MERCURY GENL CORP NEW Financial Services 1.8%$6.7m63,200 new
29 THG HANOVER INS GROUP INC Financial Services 1.8%$6.6m31,040 new
30 SKY CHAMPION HOMES INC Consumer Cyclical 1.7%$6.3m71,102 new
31 TFIN TRIUMPH FINANCIAL INC 1.7%$6.2m81,781 -26% reduced
32 JCAP JEFFERSON CAPITAL INC 1.7%$6.2m316,853 new
33 MS MORGAN STANLEY Financial Services 1.6%$5.9m28,400 new
34 ENVA ENOVA INTL INC Financial Services 1.6%$5.9m24,355 new
35 BCS BARCLAYS PLC Financial Services 1.5%$5.6m207,000 new
36 WEBULL CORP 1.5%$5.5m850,500 new
37 CVCO CAVCO INDS INC DEL Consumer Cyclical 1.5%$5.4m8,810 -44% reduced
38 CCJ CAMECO CORP Energy 1.3%$4.6m45,300 new
39 FRMI FERMI INC Real Estate 1.1%$3.9m425,000 new
40 ACVA ACV AUCTIONS INC Consumer Cyclical 1.0%$3.7m511,900 new
41 SKYLINE BLDRS GROUP HLDG LTD 0.9%$3.2m1,037,286 57% added
42 DOMH DOMINARI HOLDINGS INC 0.3%$1.1m358,183 new
43 NFE NEW FORTRESS ENERGY INC Energy 0.1%$217.9k600,000 0% held

What did Philadelphia Financial Management Of San Francisco, LLC sell? Positions exited since the previous filing

StockPrior weightPrior value
TH TARGET HOSPITALITY CORP7.1%$15.0m
HCI HCI GROUP INC7.0%$14.8m
BFH BREAD FINANCIAL HOLDINGS INC6.1%$12.9m
LNC LINCOLN NATL CORP IND4.8%$10.1m
PNFP PINNACLE FINL PARTNERS INC4.7%$10.0m
EZPW EZCORP INC4.5%$9.4m
OPLN OPENLANE INC4.4%$9.4m
AON AON PLC4.3%$9.0m
AERCAP HOLDINGS NV4.2%$8.8m
BOH BANK HAWAII CORP4.1%$8.7m
EWBC EAST WEST BANCORP INC4.1%$8.7m
SF STIFEL FINL CORP4.0%$8.4m
MCHB MECHANICS BANCORP3.8%$8.0m
MA MASTERCARD INCORPORATED3.6%$7.6m
AX AXOS FINANCIAL INC3.6%$7.5m
SOC SABLE OFFSHORE CORP3.6%$7.5m
CACC CREDIT ACCEP CORP MICH3.3%$7.0m
BPOP POPULAR INC3.1%$6.5m
BKV BKV CORP2.9%$6.1m
PFSI PENNYMAC FINL SVCS INC NEW2.9%$6.1m
GLNG GOLAR LNG LTD2.8%$5.9m
HOOD ROBINHOOD MKTS INC2.6%$5.5m
JXN JACKSON FINANCIAL INC2.5%$5.3m
SLDE SLIDE INS HLDGS INC2.4%$5.0m
MAX MEDIAALPHA INC2.1%$4.5m

Sector mix

SectorWeight
Financial Services44.9%
Industrials17.6%
Consumer Cyclical7.3%
Technology2.4%
Energy1.3%
Real Estate1.1%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202643$364.7m
Q1 202642$312.1m

How concentrated is Philadelphia Financial Management Of San Francisco, LLC's portfolio?

Across every quarter Philadelphia Financial Management Of San Francisco, LLC has filed, its median largest position is 4.8% of the book and its median top-ten weight is 39.1%, which WhaleCreep classifies as diversified (the gate is a median largest position of 5%). Of 29.0 completed holding spells, the median lasted 1.0 quarters; 43.0 positions are still open and their final length is unknown.