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PMAM

Penn Mutual Asset Management Portfolio holdings

AUM $19.5M
1-Year Est. Return 3.07%
This Fund
S&P 500
This Quarter Est. Return
+3.5%
1 Year Est. Return
+3.07%
3 Year Est. Return
+28.69%
5 Year Est. Return
+16.53%
10 Year Est. Return
–
AUM
$46.9M
AUM Growth
-$82.9M
Cap. Flow
-$88.6M
Cap. Flow %
-189.14%
Top 10 Hldgs %
60.13%
Holding
94
New
14
Increased
9
Reduced
20
Closed
32

Top Buys

Rank Stock Value
1
ARR
Armour Residential REIT
ARR
+$3.35M
2
AGNC icon
AGNC Investment
AGNC
+$2.51M
3
NLY icon
Annaly Capital Management
NLY
+$2.46M
4
DINO icon
HF Sinclair
DINO
+$458K
5
WTTR icon
Select Water Solutions
WTTR
+$436K

Top Sells

Rank Stock Value
1
EDD
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
+$4.49M
2
BCX icon
BlackRock Resources & Commodities Strategy Trust
BCX
+$4.31M
3
MIXT
MIX TELEMATICS LIMITED
MIXT
+$4.15M
4
PKE icon
Park Aerospace
PKE
+$4.1M
5
FAX
abrdn Asia-Pacific Income Fund
FAX
+$4.08M

Sector Composition

Rank Sector Weight
1 Real Estate 22.88%
2 Healthcare 8.95%
3 Energy 5.47%
4 Materials 4.77%
5 Industrials 4.34%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
OHI icon
76
Omega Healthcare
OHI
$14.7B
– –
-81,100
Closed -$2.49M
PAA icon
77
Plains All American Pipeline
PAA
$16.1B
– –
-109,500
Closed -$1.66M
T icon
78
AT&T
T
$163B
– –
-142,700
Closed -$2.39M
TAP icon
79
Molson Coors Class B
TAP
$8.09B
– –
-5,150
Closed -$315K
VALE icon
80
Vale
VALE
$62.6B
– –
-28,953
Closed -$459K
VFC icon
81
VF Corp
VFC
$5.89B
– –
-12,000
Closed -$226K
VZ icon
82
Verizon
VZ
$196B
– –
-47,000
Closed -$1.77M
HAYN
83
DELISTED
Haynes International, Inc.
HAYN
– –
-7,585
Closed -$433K
NS
84
DELISTED
NuStar Energy L.P.
NS
– –
-10,700
Closed -$200K
MIXT
85
DELISTED
MIX TELEMATICS LIMITED
MIXT
– –
-482,417
Closed -$4.15M
1 2 3
4

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HIM
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QC
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BC
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AE
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BCPE
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CP
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Penn Mutual Asset Management's Q1 2024 Portfolio in Review

As of Q1 2024, Penn Mutual Asset Management held 94 positions worth $46.9M, down 64% from $130M the previous quarter. Its ten largest holdings account for 60% of the portfolio.

Penn Mutual Asset Management withdrew a net $88.6M in Q1 2024, closing 32 positions and reducing 20 holdings. Its most notable exit was Morgan Stanley Emerging Markets Domestic Debt Fund, an estimated $4.49M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 23% of assets, up from 7.2% a quarter earlier, followed by Healthcare and Energy.

Against the trend, Penn Mutual Asset Management opened a new position in Armour Residential REIT worth $3.44M.

  • Penn Mutual Asset Management's largest Q1 2024 buy was Armour Residential REIT: 174,050 shares worth $3.44M.
  • Penn Mutual Asset Management added most to AGNC Investment in Q1 2024, an estimated $2.51M increase.
  • Penn Mutual Asset Management's biggest Q1 2024 reduction was Park Aerospace, cutting an estimated $4.1M.
  • Penn Mutual Asset Management fully exited Morgan Stanley Emerging Markets Domestic Debt Fund in Q1 2024, selling an estimated $4.49M.
  • Penn Mutual Asset Management's ten largest holdings make up 60% of its $46.9M portfolio in Q1 2024.
  • Penn Mutual Asset Management opened 14 new positions and closed 32 in Q1 2024.
  • Penn Mutual Asset Management's portfolio value fell 64% quarter-over-quarter to $46.9M.

Based on Penn Mutual Asset Management's 13F filing for Q1 2024, filed 15 May 2024.