Philadelphia Financial Management of San Francisco’s Axos Financial AX Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q2	–	Sell	-459,163	Closed	-$9.8M	–	35
2016 Q1	$9.8M	Buy	+459,163	New	+$9.8M	2.16%	18