We are live on ! Find out more
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
-8.15%
1 Year Est. Return
+3.07%
3 Year Est. Return
+28.69%
5 Year Est. Return
+16.53%
10 Year Est. Return
–
AUM
$73.1M
AUM Growth
-$34.6M
Cap. Flow
-$27M
Cap. Flow %
-36.93%
Top 10 Hldgs %
90.29%
Holding
23
New
2
Increased
–
Reduced
6
Closed
3

Top Buys

Rank Stock Value
1
DOCU
DocuSign
DOCU
+$504K
2
VALE icon
Vale
VALE
+$414K

Top Sells

Rank Stock Value
1
AGNC icon
AGNC Investment
AGNC
+$8.03M
2
NLY icon
Annaly Capital Management
NLY
+$7.95M
3
CIM
Chimera Investment
CIM
+$5.88M
4
RITM icon
Rithm Capital
RITM
+$3.06M
5
TWO
Two Harbors Investment
TWO
+$1.42M

Sector Composition

Rank Sector Weight
1 Real Estate 38.02%
2 Communication Services 3.55%
3 Financials 2.26%
4 Technology 1.23%
5 Utilities 1.21%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AGNC icon
1
AGNC Investment
AGNC
$12.4B
$14.1M 19.35%
806,500
-450,500
-36% -$8.03M
FAX
2
DELISTED
abrdn Asia-Pacific Income Fund
FAX
$10.8M 14.74%
464,181
– –
EDD
3
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$375M
$9.37M 12.81%
1,546,241
– –
NLY icon
4
Annaly Capital Management
NLY
$17.1B
$9.04M 12.37%
230,200
-198,750
-46% -$7.95M
WFC.PRL icon
5
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.71B
$7.57M 10.35%
6,000
– –
EMD
6
Western Asset Emerging Markets Debt Fund
EMD
$609M
$5.57M 7.62%
453,300
– –
CMO
7
DELISTED
Capstead Mortgage Corp.
CMO
$3.16M 4.32%
473,165
– –
T icon
8
AT&T
T
$159B
$2.6M 3.55%
120,484
– –
GHY
9
PGIM Global High Yield Fund
GHY
$478M
$2.14M 2.92%
165,301
– –
DBRG icon
10
DigitalBridge
DBRG
$2.93B
$1.65M 2.26%
88,235
– –
BCX icon
11
BlackRock Resources & Commodities Strategy Trust
BCX
$919M
$1.06M 1.45%
150,600
-60,000
-28% -$474K
ECC
12
Eagle Point Credit Company
ECC
$512M
$1.04M 1.43%
73,445
– –
DSL
13
DoubleLine Income Solutions Fund
DSL
$1.22B
$1.04M 1.43%
60,100
– –
D icon
14
Dominion Energy
D
$60.8B
$888K 1.21%
12,426
– –
RITM icon
15
Rithm Capital
RITM
$5.52B
$810K 1.11%
57,000
-181,304
-76% -$3.06M
TWO
16
Two Harbors Investment
TWO
$1.27B
$642K 0.88%
12,500
-25,000
-67% -$1.42M
DOCU
17
DocuSign
DOCU
$10.5B
$480K 0.66%
+11,984
New +$504K
ZS icon
18
Zscaler
ZS
$24.5B
$419K 0.57%
10,676
-2,848
-21% -$108K
VALE icon
19
Vale
VALE
$64.1B
$382K 0.52%
+28,953
New +$414K
RA
20
Brookfield Real Assets Income Fund
RA
$708M
$329K 0.45%
17,256
– –
ARR
21
Armour Residential REIT
ARR
$2.33B
– –
-3,950
Closed -$443K
CIM
22
Chimera Investment
CIM
$1.04B
– –
-108,166
Closed -$5.88M
SNAP icon
23
Snap
SNAP
$7.89B
– –
-65,013
Closed -$551K

Similar funds

HAM
Honeycomb Asset Management New York $19.4M AUM 25.86% 1-Year Est. Return
MPW
MGO Private Wealth Irvine, California $18.6M AUM 16.57% 1-Year Est. Return
HIM
Haveli Investment Management Austin, Texas $18.4M AUM
QC
Quantessence Capital New York $20.5M AUM 71.02% 1-Year Est. Return
BC
Bakala Capital Greenville, South Carolina $20.8M AUM 13.01% 1-Year Est. Return
AE
Axon Enterprise Scottsdale, Arizona $18.1M AUM 29.08% 1-Year Est. Return
BCPE
Bain Capital Public Equity Boston, Massachusetts $18M AUM 35.19% 1-Year Est. Return
B
BP London, United Kingdom $17.7M AUM 12.34% 1-Year Est. Return

Penn Mutual Asset Management's Q4 2018 Portfolio in Review

As of Q4 2018, Penn Mutual Asset Management held 23 positions worth $73.1M, down 32% from $108M the previous quarter. Its ten largest holdings account for 90% of the portfolio.

Penn Mutual Asset Management withdrew a net $27M in Q4 2018, closing 3 positions and reducing 6 holdings. Its most notable exit was Chimera Investment, an estimated $5.88M position sold in full.

By sector, the portfolio is most concentrated in Real Estate at 38% of assets, down from 53% a quarter earlier, followed by Communication Services and Financials.

Against the trend, Penn Mutual Asset Management opened a new position in DocuSign worth $480K.

  • Penn Mutual Asset Management's largest Q4 2018 buy was DocuSign: 11,984 shares worth $480K.
  • Penn Mutual Asset Management's biggest Q4 2018 reduction was AGNC Investment, cutting an estimated $8.03M.
  • Penn Mutual Asset Management fully exited Chimera Investment in Q4 2018, selling an estimated $5.88M.
  • Penn Mutual Asset Management's ten largest holdings make up 90% of its $73.1M portfolio in Q4 2018.
  • Penn Mutual Asset Management opened 2 new positions and closed 3 in Q4 2018.
  • Penn Mutual Asset Management's portfolio value fell 32% quarter-over-quarter to $73.1M.

Based on Penn Mutual Asset Management's 13F filing for Q4 2018, filed 31 Jan 2019.