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
-0.13%
1 Year Est. Return
+3.07%
3 Year Est. Return
+28.69%
5 Year Est. Return
+16.53%
10 Year Est. Return
–
AUM
$167M
AUM Growth
+$116M
Cap. Flow
+$119M
Cap. Flow %
71.17%
Top 10 Hldgs %
99.8%
Holding
64
New
4
Increased
1
Reduced
–
Closed
52

Top Buys

Rank Stock Value
1
LQD icon
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
+$143M
2
NOW icon
ServiceNow
NOW
+$912K
3
RBRK icon
Rubrik
RBRK
+$455K
4
TTAN
ServiceTitan Inc
TTAN
+$175K
5
BRZE icon
Braze
BRZE
+$128K

Top Sells

Rank Stock Value
1
PKE icon
Park Aerospace
PKE
+$1.06M
2
OPRA
Opera Ltd
OPRA
+$1.04M
3
HII icon
Huntington Ingalls Industries
HII
+$929K
4
CSV icon
Carriage Services
CSV
+$823K
5
B
Barrick Mining
B
+$813K

Sector Composition

Rank Sector Weight
1 Real Estate 6.52%
2 Technology 1.44%
3 Healthcare 0.62%
4 Energy 0%
5 Financials 0%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
LQD icon
1
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.7B
$142M 84.99%
+1,290,332
New +$143M
WFC.PRL icon
2
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.65B
$7.27M 4.35%
6,000
– –
NLY icon
3
Annaly Capital Management
NLY
$17.5B
$3.97M 2.37%
177,588
– –
AGNC icon
4
AGNC Investment
AGNC
$13B
$3.86M 2.31%
360,000
– –
ARR
5
Armour Residential REIT
ARR
$2.36B
$3.08M 1.84%
174,050
– –
PFF icon
6
iShares Preferred and Income Securities ETF
PFF
$13.3B
$3.01M 1.8%
97,300
– –
RBRK icon
7
Rubrik
RBRK
$20B
$1.26M 0.75%
16,472
+5,931
+56% +$455K
PHAT icon
8
Phathom Pharmaceuticals
PHAT
$731M
$1.04M 0.62%
62,802
– –
NOW icon
9
ServiceNow
NOW
$129B
$814K 0.49%
+5,315
New +$912K
EMLC icon
10
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.78B
$465K 0.28%
18,000
– –
TTAN
11
ServiceTitan Inc
TTAN
$8.6B
$190K 0.11%
+1,787
New +$175K
BRZE icon
12
Braze
BRZE
$3.11B
$148K 0.09%
+4,321
New +$128K
AAON icon
13
Aaon
AAON
$7.02B
– –
-6,500
Closed -$607K
ADEA icon
14
Adeia
ADEA
$3.11B
– –
-30,000
Closed -$504K
AEM icon
15
Agnico Eagle Mines
AEM
$94.4B
– –
-4,700
Closed -$792K
AES icon
16
AES
AES
$10.5B
– –
-34,500
Closed -$454K
AGX icon
17
Argan
AGX
$8.09B
– –
-1,542
Closed -$416K
ALCO icon
18
Alico
ALCO
$313M
– –
-21,000
Closed -$728K
ARCO icon
19
Arcos Dorados Holdings
ARCO
$1.67B
– –
-106,000
Closed -$716K
BTI icon
20
British American Tobacco
BTI
$121B
– –
-5,200
Closed -$276K
C icon
21
Citigroup
C
$232B
– –
-3,500
Closed -$355K
CBRL icon
22
Cracker Barrel
CBRL
$1.3B
– –
-6,900
Closed -$304K
COFS icon
23
Choiceone Financial
COFS
$513M
– –
-13,500
Closed -$391K
COLB icon
24
Columbia Banking Systems
COLB
$9.1B
– –
-10,000
Closed -$257K
CSV icon
25
Carriage Services
CSV
$538M
– –
-18,468
Closed -$823K
1
2 3

Similar funds

HAM
Honeycomb Asset Management New York $19.4M AUM 25.86% 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
CP
Covalent Partners Concord, Massachusetts $17.6M AUM 2.91% 1-Year Est. Return
SCTC
Samsung C&T Corporation Seoul, South Korea $17.2M AUM 23.45% 1-Year Est. Return

Penn Mutual Asset Management's Q4 2025 Portfolio in Review

As of Q4 2025, Penn Mutual Asset Management held 64 positions worth $167M, up 225% from $51.5M the previous quarter. Its ten largest holdings account for 100% of the portfolio.

Penn Mutual Asset Management deployed $119M of net new capital in Q4 2025, opening 4 new positions and adding to 1 existing holding. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,290,332 shares worth $142M.

By sector, the portfolio is most concentrated in Real Estate at 6.5% of assets, down from 21% a quarter earlier, followed by Technology and Healthcare.

On the sell side, the most notable exit was Park Aerospace, an estimated $1.06M sold.

  • Penn Mutual Asset Management's largest Q4 2025 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 1,290,332 shares worth $142M.
  • Penn Mutual Asset Management added most to Rubrik in Q4 2025, an estimated $455K increase.
  • Penn Mutual Asset Management fully exited Park Aerospace in Q4 2025, selling an estimated $1.06M.
  • Penn Mutual Asset Management's ten largest holdings make up 100% of its $167M portfolio in Q4 2025.
  • Penn Mutual Asset Management opened 4 new positions and closed 52 in Q4 2025.
  • Penn Mutual Asset Management's portfolio value rose 225% quarter-over-quarter to $167M.

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