Instuitional Investor - Philadelphia Financial Management Of San Francisco, Llc

Filing Period:
No. Security Ticker Shares Value % Port
1. XLB 3,400,000 $127,840,000 22.61%
2. GEO 3,503,170 $37,939,331 6.71%
3. AGO 455,722 $34,101,677 6.03%
4. NXE 3,021,757 $21,152,299 3.74%
5. SLM 1,104,243 $21,113,126 3.73%