Latest Penn Mutual Asset Management, LLC Stock Portfolio
Penn Mutual Asset Management, LLC Performance:
2024 Q3: 11.44%YTD: 5.62%2023: 2.63%
Performance for 2024 Q3 is 11.44%, and YTD is 5.62%, and 2023 is 2.63%.
About Penn Mutual Asset Management, LLC and 13F Hedge Fund Stock Holdings
Penn Mutual Asset Management is a hedge fund based in PHILADELPHIA, PA. On 24-Aug-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $73 Billions. In it's latest 13F Holdings report, Penn Mutual Asset Management reported an equity portfolio of $50.4 Millions as of 30 Sep, 2024.
The top stock holdings of Penn Mutual Asset Management are AGNC, NLY, ARR. The fund has invested 7.5% of it's portfolio in AGNC INVT CORP and 7.1% of portfolio in ANNALY CAPITAL MANAGEMENT IN.
The fund managers got completely rid off GILDAN ACTIVEWEAR INC, ORGANON & CO (OGN) and HF SINCLAIR CORP (DINO) stocks. They significantly reduced their stock positions in VALHI INC NEW (VHI), RICHARDSON ELECTRS LTD (RELL) and MPLX LP (MPLX). Penn Mutual Asset Management opened new stock positions in RUBRIK INC., OPERA LTD (OPRA) and AES CORP (AES). The fund showed a lot of confidence in some stocks as they added substantially to ARGAN INC (AGX), CALAVO GROWERS INC (CVGW) and NATIONAL PRESTO INDS INC (NPK).
The top stock holdings of Penn Mutual Asset Management are AGNC, NLY, ARR. The fund has invested 7.5% of it's portfolio in AGNC INVT CORP and 7.1% of portfolio in ANNALY CAPITAL MANAGEMENT IN.
The fund managers got completely rid off GILDAN ACTIVEWEAR INC, ORGANON & CO (OGN) and HF SINCLAIR CORP (DINO) stocks. They significantly reduced their stock positions in VALHI INC NEW (VHI), RICHARDSON ELECTRS LTD (RELL) and MPLX LP (MPLX). Penn Mutual Asset Management opened new stock positions in RUBRIK INC., OPERA LTD (OPRA) and AES CORP (AES). The fund showed a lot of confidence in some stocks as they added substantially to ARGAN INC (AGX), CALAVO GROWERS INC (CVGW) and NATIONAL PRESTO INDS INC (NPK).
Penn Mutual Asset Management, LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Penn Mutual Asset Management made a return of 11.44% in the last quarter. In trailing 12 months, it's portfolio return was 7.73%.
New Buys
| Ticker | $ Bought |
|---|---|
| rubrik inc. | 1,036,230 |
| opera ltd | 952,493 |
| aes corp | 742,220 |
| omnicell com | 477,240 |
| carriage svcs inc | 433,356 |
| etsy inc | 408,457 |
| amer software inc | 380,460 |
| immersion corp | 285,440 |
New stocks bought by Penn Mutual Asset Management, LLC
Additions
| Ticker | % Inc. |
|---|---|
| argan inc | 195 |
| calavo growers inc | 111 |
| national presto inds inc | 73.89 |
| comtech telecommunications c | 62.74 |
| siga technologies inc | 49.92 |
| hewlett packard enterprise c | 45.00 |
| select water solutions inc | 43.82 |
| delek us hldgs inc new | 34.78 |
Additions to existing portfolio by Penn Mutual Asset Management, LLC
Reductions
| Ticker | % Reduced |
|---|---|
| valhi inc new | -51.49 |
| richardson electrs ltd | -45.74 |
| mplx lp | -12.22 |
| interdigital inc | -10.71 |
| agnico eagle mines ltd | -7.22 |
Penn Mutual Asset Management, LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| halozyme therapeutics inc | -1,483,660 |
| conmed corp | -893,826 |
| first majestic silver corp | -413,149 |
| magnite inc | -451,622 |
| futurefuel corp | -389,634 |
| new york cmnty bancorp inc | -215,740 |
| himax technologies inc | -293,780 |
| healthcare svcs group inc | -293,807 |
Penn Mutual Asset Management, LLC got rid off the above stocks
Sector Distribution
Penn Mutual Asset Management has about 34.2% of it's holdings in Real Estate sector.
| Sector | % |
|---|---|
| Real Estate | 34.2 |
| Others | 12.4 |
| Industrials | 11.3 |
| Technology | 9 |
| Healthcare | 7.5 |
| Utilities | 6.3 |
| Consumer Defensive | 5.8 |
| Energy | 4.2 |
| Communication Services | 3.2 |
| Consumer Cyclical | 2.2 |
| Basic Materials | 2.1 |
| Financial Services | 1.8 |
Market Cap. Distribution
Penn Mutual Asset Management has about 13.7% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| MID-CAP | 34.4 |
| SMALL-CAP | 32.7 |
| LARGE-CAP | 13.7 |
| UNALLOCATED | 12.4 |
| MICRO-CAP | 6.8 |
Stocks belong to which Index?
About 58.2% of the stocks held by Penn Mutual Asset Management either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| RUSSELL 2000 | 47 |
| Others | 41.9 |
| S&P 500 | 11.2 |
Penn Mutual Asset Management, LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Penn Mutual Asset Management, LLC
Penn Mutual Asset Management has 48 stocks in it's portfolio. About 36.3% of the portfolio is in top 10 stocks. SIGA proved to be the most loss making stock for the portfolio. CMTL was the most profitable stock for Penn Mutual Asset Management last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AA | alcoa corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAXJ | ishares tr | 6.42 | 97,300 | 3,233,280 | unchanged | 0.00 | ||
| AES | aes corp | 1.47 | 37,000 | 742,220 | new | |||
| AG | first majestic silver corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AGNC | agnc invt corp | 7.47 | 360,000 | 3,765,600 | unchanged | 0.00 | ||
| AGX | argan inc | 2.02 | 10,050 | 1,019,370 | added | 195 | ||
| AMSWA | amer software inc | 0.76 | 34,000 | 380,460 | new | |||
| ARR | armour residential reit inc | 7.05 | 174,050 | 3,550,620 | unchanged | 0.00 | ||
| BAX | baxter intl inc | 0.44 | 5,900 | 224,023 | new | |||
| BMY | bristol-myers squibb co | 0.47 | 4,600 | 238,004 | new | |||
| BRC | brady corp | 0.56 | 3,660 | 280,466 | unchanged | 0.00 | ||
| BUZZ | vaneck etf trust | 0.91 | 18,000 | 457,200 | unchanged | 0.00 | ||
| BWXT | bwx technologies inc | 1.35 | 6,250 | 679,375 | unchanged | 0.00 | ||
| CBRL | cracker barrel old ctry stor | 2.28 | 1,250,000 | 1,147,280 | unchanged | 0.00 | ||
| CDLX | cardlytics inc | 0.90 | 500,000 | 455,208 | unchanged | 0.00 | ||
| CMTL | comtech telecommunications c | 3.17 | 332,004 | 1,596,940 | added | 62.74 | ||
| CNMD | conmed corp | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| CSV | carriage svcs inc | 0.86 | 13,200 | 433,356 | new | |||
| CVGW | calavo growers inc | 1.80 | 31,750 | 905,828 | added | 111 | ||
| CWT | california wtr svc group | 0.47 | 4,400 | 238,568 | new | |||