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Portfolio (Quarterly) Guide ↗

Philadelphia Financial Management of San Francisco, LLC

· CIK 0001351407
13F Portfolio $346M AUM 43 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 25 New 5 Added 12 Reduced 40 Exited
Page 2 of 3  ·  43 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 CVCO CAVCO INDS INC DEL Consumer Cyclical 15,850.0 $7.7M 2.22% NEW $484.29 +9.2%
22 MA MASTERCARD INCORPORATED Financial Services 15,200.0 $7.6M 2.20% NEW $499.66 -1.3%
23 AX AXOS FINANCIAL INC Financial Services 88,200.0 $7.5M 2.17% NEW $85.09 +3.2%
24 SOC SABLE OFFSHORE CORP Energy 453,722.0 $7.5M 2.17% +126K +38.3% $16.52 -16.8%
25 AJG GALLAGHER ARTHUR J & CO Financial Services 33,000.0 $7.1M 2.07% NEW $216.58 -5.8%
26 CACC CREDIT ACCEP CORP MICH Financial Services 16,538.0 $7.0M 2.03% NEW $423.46 +30.4%
27 HAMILTON INSURANCE GROUP LTD 223,291.0 $6.7M 1.93% -272K -54.9% $29.83
28 TFIN TRIUMPH FINANCIAL INC Financial Services 110,527.0 $6.6M 1.91% NEW $59.66 +16.3%
29 BPOP POPULAR INC Financial Services 48,500.0 $6.5M 1.88% NEW $134.17 +13.4%
30 BKV BKV CORP Energy 214,880.0 $6.1M 1.77% NEW $28.52 -5.0%
31 PFSI PENNYMAC FINL SVCS INC NEW Financial Services 69,366.0 $6.1M 1.75% +26K +58.4% $87.40 -1.5%
32 GLNG GOLAR LNG LTD Energy 109,400.0 $5.9M 1.71% NEW $54.11 -4.2%
33 HOOD ROBINHOOD MKTS INC Financial Services 78,883.0 $5.5M 1.58% $69.30 +6.9%
34 JXN JACKSON FINANCIAL INC Financial Services 50,000.0 $5.3M 1.53% NEW $105.72 +0.4%
35 SLDE SLIDE INS HLDGS INC Financial Services 280,000.0 $5.0M 1.46% NEW $18.00 +3.4%
36 MAX MEDIAALPHA INC Communication Services 480,000.0 $4.5M 1.29% NEW $9.30 -7.4%
37 ASPI ASP ISOTOPES INC Basic Materials 648,341.0 $2.9M 0.83% NEW $4.42 +56.8%
38 ALMONTY INDS INC 145,000.0 $2.1M 0.61% NEW $14.48
39 SKBL SKYLINE BLDRS GROUP HLDG LTD Industrials 660,102.0 $2.0M 0.59% +51K +8.4% $3.09 -2.9%
40 NFE NEW FORTRESS ENERGY INC Utilities 600,000.0 $354K 0.10% +390K +185.8% $0.59 +5.0%
Page 2 of 3  ·  43 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Financial Services 64.2%
Industrials 12.1%
Consumer Cyclical 9.0%
Energy 6.9%
Basic Materials 6.2%
Communication Services 1.6%
Utilities 0.1%