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

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2025 Q2	$836K	Buy	106,000 +40,000	+61%	+$316K	1.48%	13
2025 Q1	$532K	Buy	+66,000	New	+$532K	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	+$292K	0.23%	60