Filed: 5/14/2026ACC: 0001214659-26-006198
📋 What this filing means
PHILADELPHIA FINANCIAL MANAGEMENT OF SAN FRANCISCO, LLC filed this quarterly 13F‑HR report disclosing 43 equity positions with a total reported market value of $345.50M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
43
Positions
$345.50M
Total AUM (reported)
10.49M
Total Shares
Allocation by class
COM$213.79M61.9%
COM NEW$35.75M10.3%
SHS$29.74M8.6%
CL A$20.10M5.8%
COM CL A$11.45M3.3%
SHS CL A$11.08M3.2%
CL A NON VTG$9.43M2.7%
Portfolio Concentration
Top 3$63.43M18.4%
4–10$84.40M24.4%
11–25$124.29M36.0%
Rest$73.38M21.2%
Top 3 weight
18.4%
Top 10 weight
42.8%
Voting Authority Distribution
Total shares with voting rights: 10.49M
Sole
Full voting authority
10.49M
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)
Sole43
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings43
Rows:
GOLDMAN SACHS GROUP INC
SOLEShares39.50K
TypeSH
Market value$33.42M
9.67%
Sole
39.50K
Shared
0.00
None
0.00
AXIS CAP HLDGS LTD
SOLEShares148K
TypeSH
Market value$15.01M
4.34%
Sole
148K
Shared
0.00
None
0.00
TARGET HOSPITALITY CORP
SOLEShares1.62M
TypeSH
Market value$15.00M
4.34%
Sole
1.62M
Shared
0.00
None
0.00
HCI GROUP INC
SOLEShares96.02K
TypeSH
Market value$14.85M
4.30%
Sole
96.02K
Shared
0.00
None
0.00
U S GOLD CORP
SOLEShares969.79K
TypeSH
Market value$14.73M
4.26%
Sole
969.79K
Shared
0.00
None
0.00
BREAD FINANCIAL HOLDINGS INC
SOLEShares172.16K
TypeSH
Market value$12.89M
3.73%
Sole
172.16K
Shared
0.00
None
0.00
AMERICAN INTL GROUP INC
SOLEShares165K
TypeSH
Market value$12.42M
3.59%
Sole
165K
Shared
0.00
None
0.00
LINCOLN NATL CORP IND
SOLEShares285K
TypeSH
Market value$10.12M
2.93%
Sole
285K
Shared
0.00
None
0.00
PINNACLE FINL PARTNERS INC
SOLEShares115.66K
TypeSH
Market value$9.96M
2.88%
Sole
115.66K
Shared
0.00
None
0.00
EZCORP INC
SOLEShares371.66K
TypeSH
Market value$9.43M
2.73%
Sole
371.66K
Shared
0.00
None
0.00
OPENLANE INC
SOLEShares321.80K
TypeSH
Market value$9.38M
2.72%
Sole
321.80K
Shared
0.00
None
0.00
AON PLC
SOLEShares28K
TypeSH
Market value$9.04M
2.62%
Sole
28K
Shared
0.00
None
0.00
AERCAP HOLDINGS NV
SOLEShares64.25K
TypeSH
Market value$8.81M
2.55%
Sole
64.25K
Shared
0.00
None
0.00
BANK HAWAII CORP
SOLEShares117.70K
TypeSH
Market value$8.74M
2.53%
Sole
117.70K
Shared
0.00
None
0.00
EAST WEST BANCORP INC
SOLEShares81.60K
TypeSH
Market value$8.71M
2.52%
Sole
81.60K
Shared
0.00
None
0.00
GATX CORP
SOLEShares50.81K
TypeSH
Market value$8.68M
2.51%
Sole
50.81K
Shared
0.00
None
0.00
CUSTOMERS BANCORP INC
SOLEShares124.10K
TypeSH
Market value$8.61M
2.49%
Sole
124.10K
Shared
0.00
None
0.00
LEGACY HOUSING CORP
SOLEShares415.16K
TypeSH
Market value$8.48M
2.45%
Sole
415.16K
Shared
0.00
None
0.00
STIFEL FINL CORP
SOLEShares113.35K
TypeSH
Market value$8.38M
2.43%
Sole
113.35K
Shared
0.00
None
0.00
MECHANICS BANCORP
SOLEShares545.32K
TypeSH
Market value$8.04M
2.33%
Sole
545.32K
Shared
0.00
None
0.00
CAVCO INDS INC DEL
SOLEShares15.85K
TypeSH
Market value$7.68M
2.22%
Sole
15.85K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares15.20K
TypeSH
Market value$7.59M
2.20%
Sole
15.20K
Shared
0.00
None
0.00
AXOS FINANCIAL INC
SOLEShares88.20K
TypeSH
Market value$7.50M
2.17%
Sole
88.20K
Shared
0.00
None
0.00
SABLE OFFSHORE CORP
SOLEShares453.72K
TypeSH
Market value$7.50M
2.17%
Sole
453.72K
Shared
0.00
None
0.00
GALLAGHER ARTHUR J & CO
SOLEShares33K
TypeSH
Market value$7.15M
2.07%
Sole
33K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
GOLDMAN SACHS GROUP INCSOLE | COM | 39.50K | SH | $33.42M 9.67% | 39.50K | 0.00 | 0.00 |
AXIS CAP HLDGS LTDSOLE | SHS | 148K | SH | $15.01M 4.34% | 148K | 0.00 | 0.00 |
TARGET HOSPITALITY CORPSOLE | COM | 1.62M | SH | $15.00M 4.34% | 1.62M | 0.00 | 0.00 |
HCI GROUP INCSOLE | COM | 96.02K | SH | $14.85M 4.30% | 96.02K | 0.00 | 0.00 |
U S GOLD CORPSOLE | COM NEW | 969.79K | SH | $14.73M 4.26% | 969.79K | 0.00 | 0.00 |
BREAD FINANCIAL HOLDINGS INCSOLE | COM | 172.16K | SH | $12.89M 3.73% | 172.16K | 0.00 | 0.00 |
AMERICAN INTL GROUP INCSOLE | COM NEW | 165K | SH | $12.42M 3.59% | 165K | 0.00 | 0.00 |
LINCOLN NATL CORP INDSOLE | COM | 285K | SH | $10.12M 2.93% | 285K | 0.00 | 0.00 |
PINNACLE FINL PARTNERS INCSOLE | COM | 115.66K | SH | $9.96M 2.88% | 115.66K | 0.00 | 0.00 |
EZCORP INCSOLE | CL A NON VTG | 371.66K | SH | $9.43M 2.73% | 371.66K | 0.00 | 0.00 |
OPENLANE INCSOLE | COM | 321.80K | SH | $9.38M 2.72% | 321.80K | 0.00 | 0.00 |
AON PLCSOLE | SHS CL A | 28K | SH | $9.04M 2.62% | 28K | 0.00 | 0.00 |
AERCAP HOLDINGS NVSOLE | SHS | 64.25K | SH | $8.81M 2.55% | 64.25K | 0.00 | 0.00 |
BANK HAWAII CORPSOLE | COM | 117.70K | SH | $8.74M 2.53% | 117.70K | 0.00 | 0.00 |
EAST WEST BANCORP INCSOLE | COM | 81.60K | SH | $8.71M 2.52% | 81.60K | 0.00 | 0.00 |
GATX CORPSOLE | COM | 50.81K | SH | $8.68M 2.51% | 50.81K | 0.00 | 0.00 |
CUSTOMERS BANCORP INCSOLE | COM | 124.10K | SH | $8.61M 2.49% | 124.10K | 0.00 | 0.00 |
LEGACY HOUSING CORPSOLE | COM | 415.16K | SH | $8.48M 2.45% | 415.16K | 0.00 | 0.00 |
STIFEL FINL CORPSOLE | COM | 113.35K | SH | $8.38M 2.43% | 113.35K | 0.00 | 0.00 |
MECHANICS BANCORPSOLE | CL A | 545.32K | SH | $8.04M 2.33% | 545.32K | 0.00 | 0.00 |
CAVCO INDS INC DELSOLE | COM | 15.85K | SH | $7.68M 2.22% | 15.85K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 15.20K | SH | $7.59M 2.20% | 15.20K | 0.00 | 0.00 |
AXOS FINANCIAL INCSOLE | COM | 88.20K | SH | $7.50M 2.17% | 88.20K | 0.00 | 0.00 |
SABLE OFFSHORE CORPSOLE | COM SHS | 453.72K | SH | $7.50M 2.17% | 453.72K | 0.00 | 0.00 |
GALLAGHER ARTHUR J & COSOLE | COM | 33K | SH | $7.15M 2.07% | 33K | 0.00 | 0.00 |
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