Philadelphia Financial Management of San Francisco’s KB Home KBH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2015 Q1	–	Sell	-237,760	Closed	-$3.94M	–	35
2014 Q4	$3.94M	Buy	+237,760	New	+$3.94M	0.69%	40
2014 Q3	–	Sell	-462,176	Closed	-$8.63M	–	43
2014 Q2	$8.63M	Buy	+462,176	New	+$8.63M	2.27%	21