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CIK: 0001351407
Total reported value
$495.8M
$495.8M
56 檔
65.0%
The Q4 2025 SEC filing reveals that Philadelphia Financial Management of San Francisco, LLC held a total portfolio value of $495.8M, covering 56 public equity positions.
Philadelphia Financial Management of San Francisco, LLC executed strategic sector rebalancing during Q4 2025, establishing 29 new positions while fully exiting 28 holdings and trimming 16 positions.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | CRCL | Circle Internet Group Inc | Stock-Financials | 11.36% | — | +136.28% | |
| 2 | COIN | Coinbase Global Inc -class A | Stock-Financials | 9.71% | — | +142.42% | |
| 3 | MSTR | Strategy Inc | Stock-Tech | 4.89% | — | — | |
| 4 | BMNR | Bitmine Immersion Technologi | Stock-Financials | 4.37% | — | — | |
| 5 | CRWV | Coreweave Inc-cl A | Stock-Tech | 4.23% | — | — | |
| 6 | AIG | American International Group | Stock-Financials | 4.13% | -0.94% | — | |
| 7 | IBIT | Ishares Bitcoin Trust ETF | ETF-Crypto | 3.73% | — | — | |
| 8 | HCI | Hci Group Inc | Stock-Other | 3.29% | -4.30% | EXIT | |
| 9 | TH | Target Hospitality CORP | Stock-Other | 2.84% | -4.34% | EXIT | |
| 10 | USAU | US Gold CORP | Stock-Other | 2.52% | -0.72% | +41.03% | |
| 11 | GM | General Motors Co | Stock-Consumer Disc | 2.22% | — | — | |
| 12 | PNW | Pinnacle West Capital Corporation | Stock-Utilities | 2.11% | — | — | |
| 13 | MCHB | Mechanics Bancorp-a | Stock-Other | 2.07% | -2.33% | EXIT | |
| 14 | HUT | Hut 8 CORP | Stock-Financials | 1.97% | — | — | |
| 15 | XZO | Exzeo Group Inc | Stock-Other | 1.85% | — | — | |
| 16 | APLD | Applied Digital CORP | Stock-Tech | 1.84% | — | — | |
| 17 | DB | Deutsche Bank Aktiengesellschaft | Stock-Financials | 1.81% | — | +4.88% | |
| 18 | ✓ | Stock-Other | 1.73% | — | +209.09% | ||
| 19 | BFH | Bread Financial Holdings Inc | Stock-Financials | 1.52% | -3.73% | EXIT | |
| 20 | EZPW | Ezcorp Inc-cl A | Stock-Other | 1.50% | -2.73% | EXIT | |
| 21 | ✓ | Hamilton Insurance Group LTD | Stock-Other | 1.48% | -0.33% | -15.31% | |
| 22 | HIG | Hartford Insurance Group Inc | Stock-Financials | 1.47% | +3.17% | NEW | |
| 23 | BWIN | Baldwin Insurance Group Inc/ | Stock-Other | 1.43% | — | — | |
| 24 | TREE | Lendingtree Inc | Stock-Other | 1.43% | — | — | |
| 25 | MP | Mp Materials CORP | Stock-Materials | 1.41% | — | -47.27% | |
| 26 | SKY | Champion Homes Inc | Stock-Consumer Disc | 1.41% | +1.26% | NEW | |
| 27 | AFG | American Financial Group Inc | Stock-Financials | 1.34% | — | +48.38% | |
| 28 | XYZ | Block Inc | Stock-Financials | 1.28% | — | — | |
| 29 | CUBI | Customers Bancorp Inc | Stock-Other | 1.27% | -0.70% | -38.97% | |
| 30 | GATX | Gatx CORP | Stock-Industrials | 1.25% | -0.71% | +9.70% | |
| 31 | IREN | IREN Limited | Stock-Other | 1.22% | — | — | |
| 32 | KKR | Kkr & Co Inc | Stock-Financials | 1.07% | — | +131.75% | |
| 33 | TPG | Tpg Inc | Stock-Financials | 1.07% | — | -2.08% | |
| 34 | FUTU | Futu Holdings Ltd-adr | Stock-Financials | 1.06% | — | -66.03% | |
| 35 | CARS | Cars.com Inc | Stock-Other | 0.98% | — | — | |
| 36 | TOST | Toast Inc-class A | Stock-Tech | 0.98% | — | — | |
| 37 | HOOD | Robinhood Markets Inc - A | Stock-Financials | 0.96% | -1.58% | EXIT | |
| 38 | OZK | Bank Ozk | Stock-Financials | 0.93% | — | — | |
| 39 | ENVA | Enova International Inc | Stock-Financials | 0.85% | +1.18% | NEW | |
| 40 | ARR | Armour Residential Reit Inc | Stock-Other | 0.83% | — | -39.29% | |
| 41 | COF | Capital One Financial CORP | Stock-Financials | 0.72% | — | -44.71% | |
| 42 | ONEW | Onewater Marine Inc-cl A | Stock-Other | 0.71% | — | -31.66% | |
| 43 | NNI | Nelnet Inc-cl A | Stock-Other | 0.67% | — | — | |
| 44 | COLB | Columbia Banking System Inc | Stock-Financials | 0.65% | — | -36.99% | |
| 45 | PFSI | Pennymac Financial Services | Stock-Other | 0.62% | -1.75% | EXIT | |
| 46 | FRMI | Fermi Inc | Stock-Other | 0.58% | +0.79% | NEW | |
| 47 | SUNS | Sunrise Realty Trust Inc | Stock-Other | 0.45% | — | -10.27% | |
| 48 | AZ | A2z Cust2mate Solutions CORP | Stock-Other | 0.44% | -0.10% | EXIT | |
| 49 | NP | Neptune Insurance Holdi-cl A | Stock-Other | 0.39% | — | — | |
| 50 | SOC | Sable Offshore CORP | Stock-Other | 0.32% | -2.17% | EXIT |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | COIN | Coinbase Global Inc -class A | +3.5% | +142.42% | Add |
| 2 | CRCL | Circle Internet Group Inc | +3% | +136.28% | Add |
| 3 | USAU | US Gold CORP | +0.9% | +41.03% | Add |
| 4 | ✓ | +0.8% | +209.09% | Add | |
| 5 | KKR | Kkr & Co Inc | +0.6% | +131.75% | Add |
| 6 | TH | Target Hospitality CORP | +0.5% | +32.30% | Add |
| 7 | AFG | American Financial Group Inc | +0.3% | +48.38% | Add |
| 8 | ✓ | Skyline Bldrs Group Hldg LTD | +0.2% | +839.43% | Add |
| 9 | DB | Deutsche Bank Aktiengesellschaft | +0.2% | +4.88% | Add |
| 10 | TPG | Tpg Inc | +0.1% | -2.08% | Trim |
| 11 | GATX | Gatx CORP | 0% | +9.70% | Add |
| 12 | NODK | Ni Holdings Inc | — | +3.27% | Add |
| 13 | NFE | New Fortress Energy Inc | -0.1% | -41.66% | Trim |
| 14 | SUNS | Sunrise Realty Trust Inc | -0.1% | -10.27% | Trim |
| 15 | ✓ | Hamilton Insurance Group LTD | -0.2% | -15.31% | Trim |
| 16 | MCHB | Mechanics Bancorp-a | -0.2% | -12.25% | Trim |
| 17 | SKY | Champion Homes Inc | -0.2% | -18.30% | Trim |
| 18 | COLB | Columbia Banking System Inc | -0.3% | -36.99% | Trim |
| 19 | ARR | Armour Residential Reit Inc | -0.4% | -39.29% | Trim |
| 20 | COF | Capital One Financial CORP | -0.5% | -44.71% | Trim |
| 21 | CUBI | Customers Bancorp Inc | -0.7% | -38.97% | Trim |
| 22 | ONEW | Onewater Marine Inc-cl A | -0.9% | -31.66% | Trim |
| 23 | AZ | A2z Cust2mate Solutions CORP | -1.2% | -66.40% | Trim |
| 24 | MP | Mp Materials CORP | -2.3% | -47.27% | Trim |
| 25 | FUTU | Futu Holdings Ltd-adr | -2.4% | -66.03% | Trim |
| 26 | PFSI | Pennymac Financial Services | -2.5% | -80.78% | Trim |
| 27 | HOOD | Robinhood Markets Inc - A | -2.7% | -64.94% | Trim |
| 28 | IWM | Ishares Russell 2000 ETF | — | EXIT | Sold out |
| 29 | MSTR | Strategy Inc | — | NEW | New buy |
| 30 | BMNR | Bitmine Immersion Technologi | — | NEW | New buy |
| 31 | GS | Goldman Sachs Group Inc | — | EXIT | Sold out |
| 32 | CRWV | Coreweave Inc-cl A | — | NEW | New buy |
| 33 | AIG | American International Group | — | NEW | New buy |
| 34 | PLTR | Palantir Technologies Inc-a | — | EXIT | Sold out |
| 35 | IBIT | Ishares Bitcoin Trust ETF | — | NEW | New buy |
| 36 | HCI | Hci Group Inc | — | NEW | New buy |
| 37 | SLDE | Slide Insurance Holdings Inc | — | EXIT | Sold out |
| 38 | EG | Everest Group, Ltd. | — | EXIT | Sold out |
| 39 | TLN | Talen Energy CORP | — | EXIT | Sold out |
| 40 | GM | General Motors Co | — | NEW | New buy |
| 41 | PNW | Pinnacle West Capital Corporation | — | NEW | New buy |
| 42 | PGR | Progressive CORP | — | EXIT | Sold out |
| 43 | HUT | Hut 8 CORP | — | NEW | New buy |
| 44 | SIGI | Selective Insurance Group | — | EXIT | Sold out |
| 45 | XZO | Exzeo Group Inc | — | NEW | New buy |
| 46 | APLD | Applied Digital CORP | — | NEW | New buy |
| 47 | ASPI | Asp Isotopes Inc | — | EXIT | Sold out |
| 48 | GPI | Group 1 Automotive Inc | — | EXIT | Sold out |
| 49 | BFH | Bread Financial Holdings Inc | — | NEW | New buy |
| 50 | ALL | Allstate CORP | — | EXIT | Sold out |
According to official SEC Form 13F filings, Philadelphia Financial Management of San Francisco, LLC reported a total U.S. public equity portfolio value of $495.8M across 56 disclosed positions in Q4 2025.
Expert Analysis & Guides for Tracking Wall Street Smart Money Movements
Learn how SEC Form 13F filings work, the $100M threshold, 45-day reporting lag, and how to track top hedge fund holdings.
In terms of portfolio concentration, the top 5 core holdings (including CRCL, COIN, MSTR) accounted for 65.0% of total reported equity market value during Q4 2025.
Top New Position Initiated
MSTR
市值: $45.6M
Top Position Liquidated / Trimmed
IWM
前期市值: $48.4M
During Q4 2025, Philadelphia Financial Management of San Francisco, LLC's top holdings by market value included CRCL (11.4%)、COIN (9.7%)、MSTR (4.9%). The largest single position, CRCL, represented 11.4% of total portfolio value.
In Q4 2025, Philadelphia Financial Management of San Francisco, LLC made 84 total portfolio adjustments, initiating 29 new buys, adding to 11 positions, trimming 16 holdings, and fully liquidating 28 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
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