Penn Mutual Life Insurance’s Annaly Capital Management NLY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2018 Q2	$15.7M	Hold	381,500	–	–	12.54%	2
2018 Q1	$15.9M	Buy	381,500 +260,750	+216%	+$11.1M	11.43%	2
2017 Q4	$5.74M	Hold	120,750	–	–	5.82%	8
2017 Q3	$5.88M	Sell	120,750 -77,000	-39%	-$3.77M	4.01%	9
2017 Q2	$9.54M	Sell	197,750 -60,500	-23%	-$2.86M	8.38%	4
2017 Q1	$11.3M	Sell	258,250 -11,000	-4%	-$468K	10.3%	3
2016 Q4	$10.7M	Hold	269,250	–	–	8.78%	4
2016 Q3	$11.3M	Sell	269,250 -69,750	-21%	-$3.02M	8.26%	3
2016 Q2	$15M	Buy	339,000 +50,000	+17%	+$2.13M	10.85%	1
2016 Q1	$17.8M	Hold	289,000	–	–	15.02%	1
2015 Q4	$10.8M	Hold	289,000	–	–	11.13%	3
2015 Q3	$11.4M	Hold	289,000	–	–	10.22%	2
2015 Q2	$10.6M	Hold	289,000	–	–	8.81%	4
2015 Q1	$12M	Buy	289,000 +91,250	+46%	+$3.88M	9.96%	3
2014 Q4	$8.55M	Buy	197,750 +105,750	+115%	+$4.78M	10.16%	3
2014 Q3	$3.93M	Hold	92,000	–	–	41.76%	2
2014 Q2	$4.2M	Hold	92,000	–	–	41.08%	2
2014 Q1	$4.04M	Hold	92,000	–	–	41.83%	1
2013 Q4	$3.67M	Hold	92,000	–	–	42.04%	1
2013 Q3	$4.26M	Hold	92,000	–	–	30.43%	2
2013 Q2	$4.63M	Buy	+92,000	New	+$5.38M	44.49%	1