Philadelphia Financial Management of San Francisco, LLC
CIK: 0001351407SEC EDGAR →
Portfolio Value
$931.8M
Holdings
56
As of
Q4 2025
New Positions
28
Closed Positions
25
Portfolio Value History
Top 10 Holdings
| Rank | Stock | Shares | Value | % of Portfolio |
|---|---|---|---|---|
| 1 | CRCLPut CIRCLE INTERNET GROUP INC | 1,335,000 | $105.9M | 11.36% |
| 2 | COINPut COINBASE GLOBAL INC | 400,000 | $90.5M | 9.71% |
| 3 | MIGAPut STRATEGY INC | 300,000 | $45.6M | 4.89% |
| 4 | BMNRPut BITMINE IMMERSION TECNOLOGIE | 1,500,000 | $40.7M | 4.37% |
| 5 | CRWVPut COREWEAVE INC | 550,000 | $39.4M | 4.23% |
| 6 | AIGCall AMERICAN INTL GROUP INC | 449,661 | $38.5M | 4.13% |
| 7 | IBITCall ISHARES BITCOIN TRUST ETF | 700,000 | $34.8M | 3.73% |
| 8 | HCI GROUP INC | 160,000 | $30.7M | 3.29% |
| 9 | TARGET HOSPITALITY CORP | 3,304,424 | $26.5M | 2.84% |
| 10 | U S GOLD CORP | 1,209,624 | $23.5M | 2.52% |
Quarterly Changes
New Positions (33)
$45.6M · 300K shares
$40.7M · 1.5M shares
$39.4M · 550K shares
$38.5M · 450K shares
$34.8M · 700K shares
$30.7M · 160K shares
$20.7M · 255K shares
$19.7M · 206K shares
$18.4M · 400K shares
$17.2M · 710K shares
$17.2M · 700K shares
$14.2M · 192K shares
$14.0M · 720K shares
$13.7M · 99K shares
$13.4M · 556K shares
$13.3M · 251K shares
$13.1M · 260K shares
$12.0M · 184K shares
$11.3M · 300K shares
$9.9M · 60K shares
$9.2M · 752K shares
$9.2M · 258K shares
$8.9M · 79K shares
$8.7M · 189K shares
$7.9M · 50K shares
$6.7M · 28K shares
$6.2M · 47K shares
$5.4M · 678K shares
$3.6M · 125K shares
$3.0M · 328K shares
$2.6M · 134K shares
$2.5M · 69K shares
$294K · 33K shares
Closed Positions (32)
$48.4M · 200K shares
$39.8M · 50K shares
$36.5M · 200K shares
$33.1M · 493K shares
$32.2M · 225K shares
$30.7M · 177K shares
$26.4M · 1.7M shares
$26.3M · 75K shares
$21.3M · 50K shares
$19.1M · 77K shares
$18.2M · 224K shares
$16.0M · 1.7M shares
$15.3M · 35K shares
$14.1M · 66K shares
$14.1M · 520K shares
$12.9M · 635K shares
$12.6M · 209K shares
$11.9M · 125K shares
$11.9M · 181K shares
$10.6M · 50K shares
$9.7M · 77K shares
$9.6M · 285K shares
$8.5M · 59K shares
$6.5M · 56K shares
$6.4M · 311K shares
$5.5M · 150K shares
$5.4M · 236K shares
$4.9M · 472K shares
$4.3M · 191K shares
$2.2M · 27K shares
$2.2M · 40K shares
$1.6M · 212K shares
Sector Breakdown
| Sector | # Holdings | Value | % |
|---|---|---|---|
| Financial Services | 29 | $613.0M | 65.8% |
| Technology | 8 | $104.0M | 11.2% |
| Unknown | 4 | $67.0M | 7.2% |
| Consumer Cyclical | 5 | $52.3M | 5.6% |
| Industrials | 2 | $38.1M | 4.1% |
| Basic Materials | 2 | $36.6M | 3.9% |
| Real Estate | 2 | $11.8M | 1.3% |
| Utilities | 2 | $5.7M | 0.6% |
| Energy | 1 | $3.0M | 0.3% |
| Healthcare | 1 | $294K | 0.0% |