Philadelphia Financial Management of San Francisco
Philadelphia Financial Management of San Francisco reported 43 stocks worth $365M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are USAU (4.8%), WLFC (4.6%) and HIG (4.3%). Compared with Q1 2026, the fund opened new positions in WLFC, HIG and CXW, added to USAU, AIG and LEGH, trimmed AXS, GATX and CUBI and sold out of TH, HCI and BFH.
Holdings
| # | Stock | Value | Weight | Shares | Change | Shares, 8 qtrs | Held |
|---|---|---|---|---|---|---|---|
| 1 |  USAU U S Gold Corp | $17.6M | 4.8% | 1.1M | +176K (+18%) | 6 of 8 | |
| 2 |  WLFC Willis Lease Fin Corp | $16.6M | 4.6% | 73K | New position | 1 of 8 | |
| 3 |  HIG Hartford Insurance Group Inc | $15.7M | 4.3% | 119K | New position | 2 of 8 | |
| 4 |  CXW Corecivic Inc | $14.6M | 4.0% | 479K | New position | 4 of 8 | |
| 5 |  FTAI Ftai Aviation Ltd | $14.5M | 4.0% | 53K | New position | 1 of 8 | |
| 6 |  GEO Geo Group Inc New | $14.3M | 3.9% | 484K | New position | 4 of 8 | |
| 7 |  AIG American Intl Group Inc | $13.2M | 3.6% | 176K | +11K (+7%) | 3 of 8 | |
| 8 |  LEGH Legacy Housing Corp | $11.9M | 3.3% | 454K | +39K (+9%) | 3 of 8 | |
| 9 |  AJG Gallagher Arthur J & Co | $11.4M | 3.1% | 50K | +17K (+50%) | 3 of 8 | |
| 10 |  LGIH Lgi Homes Inc | $11.2M | 3.1% | 175K | New position | 2 of 8 |
Positions at Jun 30, 2026, as reported. Change is against the fund's Q1 2026 filing; weight is the share of the fund's reported stocks.
Sold out
held in Q1 2026, gone in Q2 2026| Stock | Value last quarter | Shares sold |
|---|---|---|
 TH Target Hospitality Corp | $15M | 1.6M |
 HCI Hci Group Inc | $14.8M | 96K |
 BFH Bread Financial Holdings Inc | $12.9M | 172K |
 LNC Lincoln Natl Corp Ind | $10.1M | 285K |
 PNFP Pinnacle Finl Partners Inc Com | $10M | 116K |
🔒 Free account: see all 29.
Options
valued at the underlying shares
Reported value
last 8 quartersThe value of the US stocks the fund reported, at quarter end prices. It moves with the market as well as with buying and selling.
Filings for Q2 2026
straight from the SEC| Filed | Form | Quarter | |
|---|---|---|---|
| Aug 14, 2026 | 13F-HR | Q2 2026 | SEC filing ↗ |
Other superinvestors
All hedge fund holdings →Philadelphia Financial Management of San Francisco 13F FAQ
What does Philadelphia Financial Management of San Francisco own?
Philadelphia Financial Management of San Francisco reported 43 stocks worth $365M in its 13F filing for Q2 2026, filed Aug 14, 2026. Its largest holdings are USAU (4.8%), WLFC (4.6%) and HIG (4.3%). The table above lists every position in the filing (the top 10 without an account).
What did Philadelphia Financial Management of San Francisco buy and sell in Q2 2026?
Compared with Q1 2026: 30 new positions, 7 added to, 5 trimmed and 29 sold out. New positions include WLFC, HIG and CXW. It sold all of TH, HCI and BFH.
When will Philadelphia Financial Management of San Francisco file its next 13F?
Holdings as of Sep 30, 2026 are due by Nov 16, 2026. The filing appears on this page within minutes of reaching the SEC.
How much is Philadelphia Financial Management of San Francisco's portfolio worth?
The Q2 2026 filing reports $365M in US stocks ($496M including options). That leaves out cash, bonds, short positions and most foreign holdings, so the fund's total assets are usually larger.
For informational and educational purposes only. Not investment advice, and not a recommendation to buy or sell any security. Holdings come from the fund's SEC Form 13F filings as reported and show positions at the end of the quarter, up to 45 days before the filing. The fund may have changed its positions since. A 13F leaves out short positions, cash, bonds and most foreign holdings. See all hedge fund holdings.