The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ENACT HLDGS INC COM 29249E109   325,529 15,154,991 SH   SOLE N/A 15,154,991 0 0
FLAGSTAR BANCORP INC COM PAR .001 337930705   56,103 1,582,596 SH   SOLE N/A 1,582,596 0 0
GLOBE LIFE INC COM 37959E102   7,009 71,914 SH   SOLE N/A 71,914 0 0
GUILD HLDGS CO CL A 40172N107   8,426 826,873 SH   SOLE N/A 826,873 0 0
HOME PT CAPITAL INCORPORATED COM 43734L106   492 125,500 SH   SOLE N/A 125,500 0 0
ISHARES TR RUSSELL 2000 ETF 464287655   73,926 4,365 SH   SOLE N/A 4,365 0 0
LENDINGCLUB CORP COM NEW 52603A208   14,483 1,238,949 SH   SOLE N/A 1,238,949 0 0
ONEMAIN HLDGS INC COM 68268W103   53,585 1,433,533 SH   SOLE N/A 1,433,533 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605   141,383 44,955 SH   SOLE N/A 44,955 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   112,232 2,975 SH   SOLE N/A 2,975 0 0
WASHINGTON FED INC COM 938824109   4,243 141,339 SH   SOLE N/A 141,339 0 0