Penn Mutual Life Insurance’s Ares Capital ARCC Stock Holding History

Penn Mutual Life Insurance’s Portfolio ARCC Stock Details ARCC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	$10.2M	Sell	623,000 -125,000	-17%	-$2.05M	8.19%	5
2018 Q1	$11.9M	Buy	748,000 +125,000	+20%	+$1.98M	8.53%	6
2017 Q4	$9.79M	Sell	623,000 -30,000	-5%	-$487K	9.93%	4
2017 Q3	$10.7M	Buy	653,000 +163,000	+33%	+$2.64M	7.3%	5
2017 Q2	$8.03M	Buy	+490,000	New	+$8.26M	7.05%	6
2017 Q1	–	Sell	-509,000	Closed	-$8.4M	–	22
2016 Q4	$8.4M	Hold	509,000	–	–	6.87%	5
2016 Q3	$7.9M	Hold	509,000	–	–	5.77%	6
2016 Q2	$7.23M	Buy	509,000 +140,000	+38%	+$2.08M	5.23%	6
2016 Q1	$5.48M	Hold	369,000	–	–	4.63%	9
2015 Q4	$5.26M	Hold	369,000	–	–	5.4%	8
2015 Q3	$5.35M	Hold	369,000	–	–	4.79%	9
2015 Q2	$6.08M	Hold	369,000	–	–	5.04%	10
2015 Q1	$6.34M	Buy	369,000 +30,000	+9%	+$501K	5.26%	9
2014 Q4	$5.3M	Buy	+339,000	New	+$5.41M	6.29%	7

Other funds holding ARCC

Thornburg Investment Management Santa Fe, New Mexico $9.63B AUM 35.65% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Royal Bank of Canada

Royal Bank of Canada Toronto, Ontario, Canada $528B AUM 27.57% 1-Year Est. Return

Vaughan Nelson Investment Management Houston, Texas $9.96B AUM 41% 1-Year Est. Return

Confluence Investment Management St. Louis, Missouri $6.4B AUM 9.79% 1-Year Est. Return

Ameriprise Minneapolis, Minnesota $431B AUM 30.22% 1-Year Est. Return

Muzinich & Co New York $286M AUM 21.05% 1-Year Est. Return

Wells Fargo San Francisco, California $501B AUM 22.01% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

Millennium Management

Millennium Management New York $134B AUM 35.51% 1-Year Est. Return