Philadelphia Financial Management of San Francisco’s PRA Group PRAA Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-321,284	Closed	-$17M	–	35
2013 Q4	$17M	Buy	321,284 +92,673	+41%	+$4.9M	4.23%	7
2013 Q3	$13.7M	Buy	+228,611	New	+$13.7M	3.82%	9