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 (x$1000) 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