# PhiloSmith Capital Corp

> Institutional holdings reported to the SEC as of Q2 2021 on Form 13F. CIK 1701057. Source: https://holderbook.com/funds/1701057-philosmith-capital-corp/

- Reported value: $226.8M
- Positions: 29
- Weight of the ten largest: 72.1%
- Filed: 2021-09-20

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| PRIMERICA INC | [PRI](https://holderbook.com/stocks/PRI/) | $18.3M | 119,700 | 8.1% | 11 |
| AMERICAN INTL GROUP INC | [AIG](https://holderbook.com/stocks/AIG/) | $17.8M | 374,000 | 7.8% | 11 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $17.3M | 325,450 | 7.6% | 11 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $17.2M | 122,725 | 7.6% | 11 |
| RENAISSANCERE HLDGS LTD | [RNR](https://holderbook.com/stocks/RNR/) | $16.5M | 110,870 | 7.3% | 11 |
| REINSURANCE GROUP AMER INC | [RGA](https://holderbook.com/stocks/RGA/) | $16.4M | 143,550 | 7.2% | 11 |
| ARCH CAP GROUP LTD | [ACGL](https://holderbook.com/stocks/ACGL/) | $15.9M | 408,120 | 7.0% | 8 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $15.6M | 289,800 | 6.9% | 11 |
| CHUBB LIMITED | [CB](https://holderbook.com/stocks/CB/) | $15.2M | 95,750 | 6.7% | 8 |
| AMERIPRISE FINL INC | [AMP](https://holderbook.com/stocks/AMP/) | $13.4M | 53,700 | 5.9% | 8 |
| RAYMOND JAMES FINL INC | [RJF](https://holderbook.com/stocks/RJF/) | $13.1M | 101,000 | 5.8% | 11 |
| BERKLEY W R CORP | [WRB](https://holderbook.com/stocks/WRB/) | $11.1M | 148,615 | 4.9% | 11 |
| RLI CORP | [RLI](https://holderbook.com/stocks/RLI/) | $8.6M | 82,146 | 3.8% | 11 |
| FIRST AMERN FINL CORP | [FAF](https://holderbook.com/stocks/FAF/) | $7.1M | 114,350 | 3.1% | 8 |
| JAMES RIV GROUP LTD | [JRVR](https://holderbook.com/stocks/JRVR/) | $7.0M | 186,925 | 3.1% | 11 |
| FIDELITY NATL FINL INC | [FNF](https://holderbook.com/stocks/FNF/) | $5.0M | 114,500 | 2.2% | 8 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $2.7M | 7,000 | 1.2% | 11 |
| BLACK KNIGHT INC | [BKI](https://holderbook.com/stocks/BKI/) | $2.6M | 33,881 | 1.2% | 11 |
| BF&M | - | $2.4M | 102,600 | 1.0% | 7 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $1.5M | 9,550 | 0.7% | 11 |
| HISCOX plc | - | $1.2M | 104,610 | 0.5% | 11 |
| EVERQUOTE INC | [EVER](https://holderbook.com/stocks/EVER/) | $386.0K | 11,800 | 0.2% | 9 |
| SAFETY INS GROUP INC | [SAFT](https://holderbook.com/stocks/SAFT/) | $290.0K | 3,700 | 0.1% | 11 |
| SELECTIVE INS GROUP INC | [SIGI](https://holderbook.com/stocks/SIGI/) | $243.0K | 3,000 | 0.1% | 11 |
| DONEGAL GROUP INC | [DGICA](https://holderbook.com/stocks/DGICA/) | $76.0K | 5,192 | 0.0% | 11 |
| SUN LIFE FINANCIAL INC. | [SLF](https://holderbook.com/stocks/SLF/) | $15.0K | 300 | 0.0% | 1 |
| HORACE MANN EDUCATORS CORP N | [HMN](https://holderbook.com/stocks/HMN/) | $13.0K | 350 | 0.0% | 11 |
| ASSURED GUARANTY LTD | [AGO](https://holderbook.com/stocks/AGO/) | $5.0K | 100 | 0.0% | 11 |
| CRAWFORD & CO | [CRDB](https://holderbook.com/stocks/CRDB/) | $3.0K | 300 | 0.0% | 11 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2021 | +4.7% | +8.0% | -3.3% | 98% |
| Q1 2021 | +8.4% | +6.0% | +2.4% | 98% |
| Q4 2020 | +19.6% | +11.6% | +8.0% | 98% |
| Q3 2020 | +2.3% | +8.6% | -6.3% | 98% |
| Q2 2020 | +13.9% | +19.6% | -5.7% | 98% |
| Q1 2020 | -29.2% | -19.9% | -9.3% | 98% |
| Q4 2019 | +2.3% | +8.5% | -6.2% | 95% |
| Q3 2019 | +3.6% | +1.3% | +2.3% | 77% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2021 | $226.8M | 29 |
| Q1 2021 | $230.8M | 31 |
| Q4 2020 | $208.9M | 32 |
| Q3 2020 | $179.6M | 34 |
| Q2 2020 | $176.4M | 34 |
| Q1 2020 | $143.4M | 33 |
| Q4 2019 | $189.4M | 36 |
| Q3 2019 | $186.1M | 35 |
| Q2 2019 | $171.9M | 35 |
| Q1 2019 | $153.1M | 37 |
| Q4 2018 | $136.5M | 38 |