We are live on
!
Find out more
PMLI
Penn Mutual Life Insurance Portfolio holdings
AUM
$125M
1-Year Est. Return
9.1%
This Fund
S&P 500
This Quarter
Est. Return
-1.26%
1 Year Est. Return
-9.1%
3 Year Est. Return
-1.64%
5 Year Est. Return
-21.53%
10 Year Est. Return
–
AUM
$125M
AUM Growth
-$14M
(-10%)
Cap. Flow
-$12.4M
Cap. Flow
% of AUM
-9.9%
Top 10 Holdings %
Top 10 Hldgs %
80.86%
Holding
29
New
2
Increased
1
Reduced
4
Closed
3
Avg Time Held
7.3
quarters
Top 10 Avg Time Held
9.4
quarters
Top 20 Avg Time Held
7.2
quarters
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Snap
SNAP
|
+$1.61M |
| 2 |
AnaptysBio
ANAB
|
+$1.01M |
| 3 |
WildHorse Resource Development
WRD
|
+$249K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rithm Capital
RITM
|
+$3.93M |
| 2 |
DoubleLine Income Solutions Fund
DSL
|
+$3.55M |
| 3 |
PIMCO Dynamic Income Fund
PDI
|
+$2.61M |
| 4 |
Prospect Capital
PSEC
|
+$2.48M |
| 5 |
Ares Capital
ARCC
|
+$2.05M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 48.53% |
| 2 | Miscellaneous | 33.88% |
| 3 | Financials | 9.94% |
| 4 | Energy | 4.57% |
| 5 | Communication Services | 1.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
AGNC Investment
AGNC
$10.2B
| $18.8M | 15.03% |
1,012,000
| – | – |
2013 Q2
20 quarters
|
|
2
Annaly Capital Management
NLY
$13.6B
| $15.7M | 12.54% |
381,500
| – | – |
2013 Q2
20 quarters
|
|
3
abrdn Asia-Pacific Income Fund
FAX
$527M
| $12M | 9.61% |
464,167
| – | – |
2014 Q4
14 quarters
|
|
4
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
$336M
| $10.4M | 8.28% |
1,546,000
| – | – |
2014 Q4
14 quarters
|
|
|
5
Ares Capital
ARCC
$13.3B
| $10.2M | 8.19% |
623,000
-125,000
| -17% | -$2.05M |
2017 Q2
4 quarters
|
|
|
6
Rithm Capital
RITM
$4.77B
| $10M | 8.01% |
573,000
-224,000
| -28% | -$3.93M |
2016 Q2
8 quarters
|
|
7
Wells Fargo 7.5% Non Cumv Perp Conv
WFC.PRL
$4.26B
| $7.55M | 6.03% |
6,000
| – | – |
2018 Q1
1 quarter
|
|
8
Chimera Investment
CIM
$731M
| $6.94M | 5.54% |
126,333
| – | – |
2017 Q2
4 quarters
|
|
9
Western Asset Emerging Markets Debt Fund
EMD
$535M
| $5.33M | 4.25% |
401,000
| – | – |
2014 Q4
14 quarters
|
|
|
CMO
10
DELISTED
Capstead Mortgage Corp.
CMO
| $4.24M | 3.38% |
473,000
| – | – |
2014 Q4
14 quarters
|
|
|
11
Snap
SNAP
$11.3B
| $2.4M | 1.92% |
184,000
+125,000
| +212% | +$1.61M |
2018 Q1
1 quarter
|
|
|
TWO
12
DELISTED
Two Harbors Investment
TWO
| $2.37M | 1.89% |
37,500
| – | – |
2017 Q2
4 quarters
|
|
13
PGIM Global High Yield Fund
GHY
$442M
| $2.26M | 1.8% |
165,000
| – | – |
2014 Q4
14 quarters
|
|
14
DELISTED
DigitalBridge
DBRG
| $2.2M | 1.76% |
88,250
| – | – |
2017 Q2
4 quarters
|
|
|
ETP
15
DELISTED
Energy Transfer Partners, L.P.
ETP
| $2.19M | 1.75% |
115,000
| – | – |
2018 Q1
1 quarter
|
|
16
Kinder Morgan
KMI
$73.8B
| $2.12M | 1.69% |
120,000
| – | – |
2018 Q1
1 quarter
|
|
17
BlackRock Resources & Commodities Strategy Trust
BCX
$934M
| $1.96M | 1.56% |
211,000
| – | – |
2018 Q1
1 quarter
|
|
18
Starwood Property Trust
STWD
$4.63B
| $1.96M | 1.56% |
90,000
| – | – |
2016 Q2
8 quarters
|
|
19
Plains All American Pipeline
PAA
$17.4B
| $1.41M | 1.13% |
60,000
| – | – |
2018 Q1
1 quarter
|
|
20
Eagle Point Credit Company
ECC
$379M
| $1.33M | 1.07% |
73,000
-9,000
| -11% | -$164K |
2018 Q1
1 quarter
|
|
|
21
DoubleLine Income Solutions Fund
DSL
$1.13B
| $1.2M | 0.96% |
60,000
-176,000
| -75% | -$3.55M |
2014 Q4
14 quarters
|
|
|
22
AnaptysBio
ANAB
$1.37B
| $821K | 0.66% |
+12,000
| New | +$1.01M |
2018 Q2
0 quarters
|
|
23
Collegium Pharmaceutical
COLL
$717M
| $636K | 0.51% |
27,000
| – | – |
2018 Q1
1 quarter
|
|
24
Armour Residential REIT
ARR
$1.93B
| $450K | 0.36% |
4,000
| – | – |
2013 Q2
20 quarters
|
|
25
Brookfield Real Assets Income Fund
RA
$636M
| $392K | 0.31% |
17,000
| – | – |
2017 Q1
5 quarters
|
|
Similar funds
DDC
KFA
FAM
MFP
MGA
MAI
XGI
ACM
Penn Mutual Life Insurance's Q2 2018 Portfolio in Review
As of Q2 2018, Penn Mutual Life Insurance held 29 positions worth $125M, down 10% from $139M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Penn Mutual Life Insurance withdrew a net $12.4M in Q2 2018, closing 3 positions and reducing 4 holdings. Its most notable exit was PIMCO Dynamic Income Fund, an estimated $2.61M position sold in full.
By sector, the portfolio is most concentrated in Real Estate at 49% of assets, up from 46% a quarter earlier, followed by Miscellaneous and Financials.
Against the trend, Penn Mutual Life Insurance opened a new position in AnaptysBio worth $821K.
- Penn Mutual Life Insurance's largest Q2 2018 buy was AnaptysBio: 12,000 shares worth $821K.
- Penn Mutual Life Insurance added most to Snap in Q2 2018, an estimated $1.61M increase.
- Penn Mutual Life Insurance's biggest Q2 2018 reduction was Rithm Capital, cutting an estimated $3.93M.
- Penn Mutual Life Insurance fully exited PIMCO Dynamic Income Fund in Q2 2018, selling an estimated $2.61M.
- Penn Mutual Life Insurance's ten largest holdings make up 81% of its $125M portfolio in Q2 2018.
- Penn Mutual Life Insurance opened 2 new positions and closed 3 in Q2 2018.
- Penn Mutual Life Insurance's portfolio value fell 10% quarter-over-quarter to $125M.
Based on Penn Mutual Life Insurance's 13F filing for Q2 2018, filed 9 Aug 2018.