Penn Mutual Asset Management’s Arcos Dorados Holdings ARCO Stock Holding History

Penn Mutual Asset Management’s Portfolio ARCO Stock Details ARCO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-106,000	Closed	-$716K	–	19
2025 Q3	$716K	Hold	106,000	–	–	1.39%	21
2025 Q2	$836K	Buy	106,000 +40,000	+61%	+$303K	1.48%	13
2025 Q1	$532K	Buy	+66,000	New	+$520K	1.02%	29
2024 Q2	–	Sell	-23,000	Closed	-$256K	–	67
2024 Q1	$256K	Hold	23,000	–	–	0.55%	42
2023 Q4	$292K	Buy	+23,000	New	+$246K	0.23%	60

Other funds holding ARCO

Lazard Asset Management New York $66.1B AUM 33.53% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

SGDR

SPX Gestao de Recursos Rio De Janeiro, Brazil $898M AUM 45.5% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

MCM

Moerus Capital Management New York $224M AUM 42.2% 1-Year Est. Return

BCM

Brightlight Capital Management Westport, Connecticut $101M AUM 23.43% 1-Year Est. Return

PMG

Private Management Group Irvine, California $3.8B AUM 23.19% 1-Year Est. Return

Mirae Asset Global ETFs Holdings Causeway Bay, Hong Kong $83.9B AUM 60.43% 1-Year Est. Return

SEI Investments Oaks, Pennsylvania $113B AUM 34.64% 1-Year Est. Return

State of New Jersey Common Pension Fund D Trenton, New Jersey $29.3B AUM 38.15% 1-Year Est. Return

Penn Mutual Asset Management's ARCO Position: Q4 2025 in Review

Penn Mutual Asset Management sold out of Arcos Dorados Holdings (ARCO) in Q4 2025, closing a stake of 106,000 shares — an estimated $716K sold.

Penn Mutual Asset Management first reported a position in ARCO in Q4 2023 and held it in 5 quarters. The position peaked at $836K in Q2 2025. 163 funds tracked by Wall St. Rank hold ARCO as of Q4 2025.

Penn Mutual Asset Management reported no remaining Arcos Dorados Holdings position as of Q4 2025 after selling out during the quarter.
Penn Mutual Asset Management sold 106,000 Arcos Dorados Holdings shares in Q4 2025, an estimated $716K.
Penn Mutual Asset Management first reported a position in Arcos Dorados Holdings in Q4 2023 and held it in 5 quarters.
Penn Mutual Asset Management's Arcos Dorados Holdings position peaked at $836K in Q2 2025.
163 funds tracked by Wall St. Rank held Arcos Dorados Holdings as of Q4 2025.

Based on Penn Mutual Asset Management's 13F filing for Q4 2025, filed 23 Jan 2026.