PHASE 2 PARTNERS, LLC

PrivateCIK: 1841126
Location

SAN FRANCISCO, CA

26
Positions
$133.23M
Total AUM (reported)
4.28M
Total Shares

Allocation by class

TOTAL AUM$133.23M26 positions
COM$103.16M77.4%
COM CL A$8.16M6.1%
ORD SHS$6.93M5.2%
CL B$4.52M3.4%
COM SHS$3.28M2.5%
UNIT LTD PARTN$2.81M2.1%
CL A NEW$2.39M1.8%

Portfolio Concentration

Top 325.2%4–1034.8%11–2539.8%Rest0.2%TOP 1060.0%0%100%
Top 3$33.56M25.2%
4–10$46.36M34.8%
11–25$52.98M39.8%
Rest$329.0K0.2%

Top 3 weight

25.2%

Top 10 weight

60.0%

Voting Authority Distribution

Total shares with voting rights: 4.28M

Sole

Full voting authority

4.28M

shares

% of voting shares100.0%
Shared

Joint voting authority

0.00

shares

% of voting shares0.0%
None

No voting authority

0.00

shares

% of voting shares0.0%

Investment Discretion (by position count)

Sole26
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings26
Rows:

ENCORE CAP GROUP INC

SOLE
COM
Shares336.19K
TypeSH
Market value$16.06M
12.05%
Sole
336.19K
Shared
0.00
None
0.00

MERCURY GENL CORP NEW

SOLE
COM
Shares142.90K
TypeSH
Market value$9.50M
7.13%
Sole
142.90K
Shared
0.00
None
0.00

KEMPER CORP

SOLE
COM
Shares120.44K
TypeSH
Market value$8.00M
6.01%
Sole
120.44K
Shared
0.00
None
0.00

WILLIS LEASE FIN CORP

SOLE
COM
Shares37.45K
TypeSH
Market value$7.77M
5.83%
Sole
37.45K
Shared
0.00
None
0.00

HCI GROUP INC

SOLE
COM
Shares61.27K
TypeSH
Market value$7.14M
5.36%
Sole
61.27K
Shared
0.00
None
0.00

DESPEGAR COM CORP

SOLE
ORD SHS
Shares359.76K
TypeSH
Market value$6.93M
5.20%
Sole
359.76K
Shared
0.00
None
0.00

DONNELLEY FINL SOLUTIONS INC

SOLE
COM
Shares102.59K
TypeSH
Market value$6.44M
4.83%
Sole
102.59K
Shared
0.00
None
0.00

WISDOMTREE INC

SOLE
COM
Shares591.13K
TypeSH
Market value$6.21M
4.66%
Sole
591.13K
Shared
0.00
None
0.00

CENTURY CMNTYS INC

SOLE
COM
Shares83.28K
TypeSH
Market value$6.11M
4.59%
Sole
83.28K
Shared
0.00
None
0.00

P10 INC

SOLE
COM CL A
Shares457.58K
TypeSH
Market value$5.77M
4.33%
Sole
457.58K
Shared
0.00
None
0.00

MERITAGE HOMES CORP

SOLE
COM
Shares35.44K
TypeSH
Market value$5.45M
4.09%
Sole
35.44K
Shared
0.00
None
0.00

HOMESTREET INC

SOLE
COM
Shares432.51K
TypeSH
Market value$4.94M
3.71%
Sole
432.51K
Shared
0.00
None
0.00

SKYWARD SPECIALTY INS GROUP

SOLE
COM
Shares95.50K
TypeSH
Market value$4.83M
3.62%
Sole
95.50K
Shared
0.00
None
0.00

WESTERN ALLIANCE BANCORP

SOLE
COM
Shares55.26K
TypeSH
Market value$4.62M
3.46%
Sole
55.26K
Shared
0.00
None
0.00

FEDERATED HERMES INC

SOLE
CL B
Shares109.98K
TypeSH
Market value$4.52M
3.39%
Sole
109.98K
Shared
0.00
None
0.00

DISCOVER FINL SVCS

SOLE
COM
Shares22.29K
TypeSH
Market value$3.86M
2.90%
Sole
22.29K
Shared
0.00
None
0.00

BOWHEAD SPECIALTY HLDGS INC

SOLE
COM SHS
Shares92.29K
TypeSH
Market value$3.28M
2.46%
Sole
92.29K
Shared
0.00
None
0.00

CARLYLE GROUP INC

SOLE
COM
Shares63.89K
TypeSH
Market value$3.23M
2.42%
Sole
63.89K
Shared
0.00
None
0.00

SEI INVTS CO

SOLE
COM
Shares38.42K
TypeSH
Market value$3.17M
2.38%
Sole
38.42K
Shared
0.00
None
0.00

BLACKROCK INC

SOLE
COM
Shares3K
TypeSH
Market value$3.07M
2.31%
Sole
3K
Shared
0.00
None
0.00

ALLIANCEBERNSTEIN HLDG L P

SOLE
UNIT LTD PARTN
Shares75.74K
TypeSH
Market value$2.81M
2.11%
Sole
75.74K
Shared
0.00
None
0.00

HOWARD HUGHES HOLDINGS INC

SOLE
COM
Shares36.07K
TypeSH
Market value$2.77M
2.08%
Sole
36.07K
Shared
0.00
None
0.00

HOVNANIAN ENTERPRISES INC

SOLE
CL A NEW
Shares17.90K
TypeSH
Market value$2.39M
1.80%
Sole
17.90K
Shared
0.00
None
0.00

ROCKET COS INC

SOLE
COM CL A
Shares211.88K
TypeSH
Market value$2.39M
1.79%
Sole
211.88K
Shared
0.00
None
0.00

MARQETA INC

SOLE
CLASS A COM
Shares436.79K
TypeSH
Market value$1.66M
1.24%
Sole
436.79K
Shared
0.00
None
0.00
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