PROSPECTOR PARTNERS LLC

GUILFORD, CT · CIK 1080380 · 13F filing filed 2023-02-15

No investment adviser registration (Form ADV) found for this filer. It may be a parent company whose subsidiaries are the registered advisers, a bank or insurer, or a manager based outside the US.

Legal entityProspector Partners, L.L.C. (US)

Others nearbyGuilford, CT

$727.0m reported value +11.5% vs Q3 2022

107positions

28.7%in top 10

7 new 25 added 29 reduced 7 sold out vs Q3 2022

Options: 3 call positions ($3.8m notional), 1 put positions ($438.6k notional) – listed below, not included above.

This report includes the holdings of 1 other manager that shares the investment decisions:

PROSPECTOR FUNDS, INC. – reports through this filing

Shares in two reports are counted once in each security's totals.

Holdings, Q4 2022

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	145,130	$44.8m6.17%	6.17%	Unchanged
2	GLOBE LIFE INC COM GL	GL	206,830	$24.9m3.43%	3.43%	Reduced -220	-220 -0.1%
3	GALLAGHER ARTHUR J & CO COM AJG	AJG	111,373	$21.0m2.89%	2.89%	Added +348	+348 0.3%
4	MERCK & CO INC COM MRK	MRK	177,302	$19.7m2.71%	2.71%	Reduced -17.5k	-17,486 -9.0%
5	BROWN & BROWN INC COM BRO	BRO	334,662	$19.1m2.62%	2.62%	Added +18.5k	+18,532 5.9%
6	FEDERATED HERMES INC CL B FHI	FHI	516,541	$18.8m2.58%	2.58%	Reduced -709	-709 -0.1%
7	PIONEER NAT RES CO COM PXD	PXD	78,931	$18.0m2.48%	2.48%	Added +263	+263 0.3%
8	SCHLUMBERGER LTD COM STK SLB	SLB	268,725	$14.4m1.98%	1.98%	Unchanged
9	VOYA FINANCIAL INC COM VOYA	VOYA	232,237	$14.3m1.96%	1.96%	Added +4.2k	+4,237 1.9%
10	LEIDOS HOLDINGS INC COM LDOS	LDOS	130,413	$13.7m1.89%	1.89%	Added +268	+268 0.2%
11	THE CIGNA GROUP COM CI	CI	39,153	$13.0m1.78%	1.78%	Reduced -5.3k	-5,252 -11.8%
12	MEDTRONIC PLC SHS MDT	MDT	163,605	$12.7m1.75%	1.75%	Added +40.0k	+40,025 32.4%
13	EVEREST GROUP LTD COM EG	EG	37,790	$12.5m1.72%	1.72%	Added +95	+95 0.2%
14	CHURCH & DWIGHT CO INC COM CHD	CHD	154,229	$12.4m1.71%	1.71%	Added +41.8k	+41,750 37.1%
15	MONDELEZ INTL INC CL A MDLZ	MDLZ	186,141	$12.4m1.71%	1.71%	Unchanged
16	PRIMERICA INC COM PRI	PRI	86,415	$12.3m1.69%	1.69%	Added +200	+200 0.2%
17	DARDEN RESTAURANTS INC COM DRI	DRI	86,225	$11.9m1.64%	1.64%	Reduced -14.1k	-14,050 -14.0%
18	LITTELFUSE INC COM LFUS	LFUS	53,815	$11.9m1.63%	1.63%	Added +190	+190 0.3%
19	PPG INDS INC COM PPG	PPG	92,742	$11.7m1.60%	1.60%	Added +39.8k	+39,792 75.2%
20	CURTISS WRIGHT CORP COM CW	CW	67,420	$11.3m1.55%	1.55%	Unchanged
21	HOWARD HUGHES CORP COM HHC	HHC	139,586	$10.7m1.47%	1.47%	Reduced -11.7k	-11,719 -7.8%
22	KEYCORP COM KEY	KEY	611,275	$10.6m1.46%	1.46%	Reduced -48.1k	-48,150 -7.3%
23	CARRIER GLOBAL CORPORATION COM CARR	CARR	257,525	$10.6m1.46%	1.46%	Added +35.9k	+35,900 16.2%
24	STATE STR CORP COM STT	STT	136,750	$10.6m1.46%	1.46%	Unchanged
25	PFIZER INC COM PFE	PFE	204,100	$10.5m1.44%	1.44%	Added +59.0k	+59,025 40.7%
26	PROGRESSIVE CORP COM PGR	PGR	79,180	$10.3m1.41%	1.41%	Reduced -17.1k	-17,095 -17.8%
27	COMERICA INC COM CMA	CMA	152,975	$10.2m1.41%	1.41%	Added +6.7k	+6,650 4.5%
28	CBOE GLOBAL MKTS INC COM CBOE	CBOE	78,670	$9.9m1.36%	1.36%	Unchanged
29	OTIS WORLDWIDE CORP COM OTIS	OTIS	116,915	$9.2m1.26%	1.26%	Unchanged
30	RENAISSANCERE HLDGS LTD COM RNR	RNR	49,549	$9.1m1.26%	1.26%	Reduced -25.9k	-25,860 -34.3%
31	PINNACLE FINL PARTNERS INC COM COM		123,570	$9.1m1.25%	1.25%	Added +42.3k	+42,275 52.0%
32	HOME DEPOT INC COM HD	HD	28,584	$9.0m1.24%	1.24%	Reduced -2.5k	-2,525 -8.1%
33	US BANCORP DEL COM NEW USB	USB	206,670	$9.0m1.24%	1.24%	Reduced -65.4k	-65,400 -24.0%
34	EATON CORP PLC SHS ETN	ETN	56,620	$8.9m1.22%	1.22%	Unchanged
35	MARKEL GROUP INC COM MKL	MKL	6,626	$8.7m1.20%	1.20%	Added +853	+853 14.8%
36	PENTAIR PLC SHS PNR	PNR	186,635	$8.4m1.15%	1.15%	Added +64.4k	+64,400 52.7%
37	HESS CORP COM HES	HES	56,775	$8.1m1.11%	1.11%	Unchanged
38	FIRST BANCORP P R COM NEW FBP	FBP	605,325	$7.7m1.06%	1.06%	Reduced -178.2k	-178,250 -22.8%
39	BERKLEY W R CORP COM WRB	WRB	104,770	$7.6m1.05%	1.05%	Unchanged
40	ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS PPLT	PPLT	75,760	$7.5m1.03%	1.03%	Unchanged
41	MARSH & MCLENNAN COS INC COM MRSH	MRSH	43,630	$7.2m0.99%	0.99%	Added +38.4k	+38,430 739.0%
42	GENERAL DYNAMICS CORP COM GD	GD	28,945	$7.2m0.99%	0.99%	Unchanged
43	JOHNSON & JOHNSON COM JNJ	JNJ	40,484	$7.2m0.98%	0.98%	Reduced -15.2k	-15,250 -27.4%
44	SOUTHSTATE CORPORATION COM SSB	SSB	91,802	$7.0m0.96%	0.96%	Reduced -20.5k	-20,548 -18.3%
45	FIDELITY NATL INFORMATION SV COM FIS	FIS	102,762	$7.0m0.96%	0.96%	New
46	SENSATA TECHNOLOGIES HLDG PL SHS ST	ST	168,100	$6.8m0.93%	0.93%	Reduced -37.8k	-37,825 -18.4%
47	AXALTA COATING SYS LTD COM AXTA	AXTA	264,200	$6.7m0.93%	0.93%	Reduced -134.5k	-134,500 -33.7%
48	PROCTER AND GAMBLE CO COM PG	PG	40,710	$6.2m0.85%	0.85%	Unchanged
49	SYNOVUS FINL CORP COM NEW COM NEW		163,165	$6.1m0.84%	0.84%	Added +2.3k	+2,265 1.4%
50	EBAY INC. COM EBAY	EBAY	146,475	$6.1m0.84%	0.84%	Unchanged
51	ORACLE CORP COM ORCL	ORCL	70,406	$5.8m0.79%	0.79%	Added +251	+251 0.4%
52	RTX CORPORATION COM RTX	RTX	55,930	$5.6m0.78%	0.78%	Unchanged
53	TEXAS ROADHOUSE INC COM TXRH	TXRH	61,375	$5.6m0.77%	0.77%	Unchanged
54	MICROSOFT CORP COM MSFT	MSFT	20,817	$5.0m0.69%	0.69%	Reduced -8.3k	-8,300 -28.5%
55	PNC FINL SVCS GROUP INC COM PNC	PNC	30,070	$4.7m0.65%	0.65%	Reduced -2.0k	-2,050 -6.4%
56	V2X INC COM VVX	VVX	113,880	$4.7m0.65%	0.65%	Unchanged
57	NEWMONT CORP COM NEM	NEM	98,295	$4.6m0.64%	0.64%	Added +22.9k	+22,900 30.4%
58	EXPEDIA GROUP INC COM NEW EXPE	EXPE	50,150	$4.4m0.60%	0.60%	Reduced -26.1k	-26,125 -34.2%
59	WHITE MTNS INS GROUP LTD COM WTM	WTM	3,080	$4.4m0.60%	0.60%	Unchanged
60	MOOG INC CL A MOG.A	MOG.A	49,600	$4.4m0.60%	0.60%	Unchanged
61	COLGATE PALMOLIVE CO COM CL	CL	54,750	$4.3m0.59%	0.59%	Added +42.4k	+42,400 343.3%
62	PJT PARTNERS INC COM CL A PJT	PJT	56,700	$4.2m0.57%	0.57%	Unchanged
63	BANK OF NT BUTTERFIELD&SON L SHS NEW NTB	NTB	138,720	$4.1m0.57%	0.57%	Reduced -63.6k	-63,650 -31.4%
64	CITIGROUP INC COM NEW C	C	88,235	$4.0m0.55%	0.55%	Reduced -36.5k	-36,500 -29.3%
65	STELLAR BANCORP INC COM COM		134,048	$3.9m0.54%	0.54%	New
66	NOODLES & CO COM CL A COM CL A		711,833	$3.9m0.54%	0.54%	Reduced -105.1k	-105,100 -12.9%
67	PAYCHEX INC COM PAYX	PAYX	32,950	$3.8m0.52%	0.52%	Unchanged
68	SUNCOR ENERGY INC NEW COM SU	SU	119,900	$3.8m0.52%	0.52%	Added +500	+500 0.4%
69	ALPHABET INC CAP STK CL C GOOG	GOOG	39,900	$3.5m0.49%	0.49%	Unchanged
70	NUVASIVE INC COM NUVA	NUVA	85,700	$3.5m0.49%	0.49%	Reduced -57.5k	-57,475 -40.1%
71	QCR HOLDINGS INC COM QCRH	QCRH	68,900	$3.4m0.47%	0.47%	Reduced -6.2k	-6,150 -8.2%
72	HENRY SCHEIN INC COM HSIC	HSIC	42,800	$3.4m0.47%	0.47%	Unchanged
73	ORIGIN BANCORP INC COM OBK	OBK	92,550	$3.4m0.47%	0.47%	Unchanged
74	ZEBRA TECHNOLOGIES CORPORATI CL A ZBRA	ZBRA	13,125	$3.4m0.46%	0.46%	New
75	AGNICO EAGLE MINES LTD COM AEM	AEM	61,312	$3.2m0.44%	0.44%	Unchanged
76	PAYPAL HLDGS INC COM PYPL	PYPL	43,950	$3.1m0.43%	0.43%	Unchanged
77	ABBOTT LABS COM ABT	ABT	26,860	$2.9m0.41%	0.41%	Unchanged
78	DEVON ENERGY CORP NEW COM DVN	DVN	45,425	$2.8m0.38%	0.38%	Unchanged
79	HOSTESS BRANDS INC CL A TWNK	TWNK	123,025	$2.8m0.38%	0.38%	Reduced -25.6k	-25,550 -17.2%
80	HARBORONE BANCORP INC NEW COM NEW HONE	HONE	174,477	$2.4m0.33%	0.33%	Reduced -125.8k	-125,775 -41.9%
81	FARO TECHNOLOGIES INC COM FARO	FARO	78,700	$2.3m0.32%	0.32%	Reduced -53.8k	-53,800 -40.6%
82	DIAMOND HILL INVT GROUP INC COM NEW DHIL	DHIL	11,850	$2.2m0.30%	0.30%	Unchanged
83	ALPHABET INC CAP STK CL A GOOGL	GOOGL	22,475	$2.0m0.27%	0.27%	Unchanged
84	TE CONNECTIVITY LTD SHS TEL1USD	TEL1USD	13,550	$1.6m0.21%	0.21%	New
85	FORTUNE BRANDS INNOVATIONS I COM FBIN	FBIN	27,000	$1.5m0.21%	0.21%	New
86	CAMBRIDGE BANCORP COM COM		18,115	$1.5m0.21%	0.21%	Unchanged
87	A-MARK PRECIOUS METALS INC COM GOLD	GOLD	43,058	$1.5m0.21%	0.21%	Unchanged
88	EXXON MOBIL CORP COM XOM	XOM	10,300	$1.1m0.16%	0.16%	Unchanged
89	BIOMARIN PHARMACEUTICAL INC NOTE 0.599% 8/0 · principal BMRN 0.599 08.01.24 · principal	BMRN 0.599 08.01.24	1,000,000	$1.1m0.15%	0.15%	Unchanged
90	KAMAN CORP NOTE 3.250% 5/0 · principal KAMN 3.25 05.01.24 · principal	KAMN 3.25 05.01.24	1,000,000	$929.5k0.13%	0.13%	Unchanged
91	MANCHESTER UTD PLC NEW ORD CL A MANU	MANU	39,575	$923.3k0.13%	0.13%	Reduced -11.3k	-11,325 -22.2%
92	VERINT SYSTEMS INC NOTE 0.250% 4/1 · principal VRNT 0.25 04.15.26 · principal	VRNT 0.25 04.15.26	1,000,000	$870.0k0.12%	0.12%	Unchanged
93	ZILLOW GROUP INC NOTE 2.750% 5/1 · principal Z 2.75 05.15.25 · principal	Z 2.75 05.15.25	700,000	$665.7k0.09%	0.09%	Unchanged
94	PALO ALTO NETWORKS INC NOTE 0.750% 7/0 · principal PANW 0.75 07.01.23 · principal	PANW 0.75 07.01.23	400,000	$632.0k0.09%	0.09%	Unchanged
95	AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 · principal AKAM 0.125 05.01.25 · principal	AKAM 0.125 05.01.25	600,000	$630.0k0.09%	0.09%	Unchanged
96	NUVASIVE INC COM · principal NUVA · principal	NUVA	600,000	$525.6k0.07%	0.07%	New
97	WILLIAM PENN BANCORPORATION COM COM		42,400	$513.9k0.07%	0.07%	New
98	MID PENN BANCORP INC COM MPB	MPB	17,100	$512.5k0.07%	0.07%	Reduced -3.8k	-3,750 -18.0%
99	EVERTEC INC COM EVTC	EVTC	14,950	$484.1k0.07%	0.07%	Added +8.0k	+7,950 113.6%
100	FOUR CORNERS PPTY TR INC COM FCPT	FCPT	16,668	$432.2k0.06%	0.06%	Added +522	+522 3.2%

Sold out since Q3 2022

Security	Ticker	Shares held before	Value then
KEMPER CORP KMPR	KMPR	130,025	$5.4m130.0k shares
CBTX INC		111,253	$3.3m111.3k shares
INVESCO LTD IVZ	IVZ	109,090	$1.5m109.1k shares
ALLEGHANY CORP MD Y	Y	930	$781.0k930 shares
NUVASIVE INC GMED 0.375 03.15.25	GMED 0.375 03.15.25	600,000	$523.0k600.0k shares
ZIMVIE INC ZIMV	ZIMV	39,400	$389.0k39.4k shares
ALLEGIANCE BANCSHARES INC		4,950	$206.0k5.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
EATON CORP PLC ETN · Call	ETN	Call	13,500	$2.1m13.5k shares	Reduced
DARDEN RESTAURANTS INC DRI · Call	DRI	Call	10,000	$1.4m10.0k shares	Reduced
MANCHESTER UTD PLC NEW MANU · Put	MANU	Put	18,800	$438.6k18.8k shares	New
FARO TECHNOLOGIES INC FARO · Call	FARO	Call	10,000	$294.1k10.0k shares	Unchanged