Latest Penn Mutual Asset Management, LLC Stock Portfolio

$47.05Million– No. of Holdings #52

Penn Mutual Asset Management, LLC Performance:

2024 Q2: -2.24%YTD: -5.22%2023: 2.63%

Performance for 2024 Q2 is -2.24%, and YTD is -5.22%, 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 $47 Millions as of 30 Jun, 2024.

The top stock holdings of Penn Mutual Asset Management are AGNC, NLY, ARR. The fund has invested 7.3% of it's portfolio in AGNC INVT CORP and 7.2% of portfolio in ANNALY CAPITAL MANAGEMENT IN.

The fund managers got completely rid off OPERA LTD (OPRA), HUNTINGTON INGALLS INDS INC (HII) and ATRION CORP (ATRI) stocks. They significantly reduced their stock positions in SELECT WATER SOLUTIONS INC (WTTR), REPOSITRAK INC (PCYG) and UTAH MED PRODS INC (UTMD). Penn Mutual Asset Management opened new stock positions in BWX TECHNOLOGIES INC (BWXT), 3M CO (MMM) and SIGA TECHNOLOGIES INC (SIGA). The fund showed a lot of confidence in some stocks as they added substantially to COMTECH TELECOMMUNICATIONS C (CMTL), GILDAN ACTIVEWEAR INC and LUXFER HLDGS PLC (LXFR).

Penn Mutual Asset Management, LLC Equity Portfolio Value

Last Reported on: 14 Aug, 2024

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 -2.24% in the last quarter. In trailing 12 months, it's portfolio return was -6.03%.

New Buys

Ticker	$ Bought
bwx technologies inc	593,750
pegasystems inc	481,719
3m co	459,855
magnite inc	451,622
siga technologies inc	430,733
nordic american tankers limi	425,860
pricesmart inc	420,210
first majestic silver corp	413,149

New stocks bought by Penn Mutual Asset Management, LLC

Additions

Ticker	% Inc.
comtech telecommunications c	187
gildan activewear inc	125
luxfer hldgs plc	114
conmed corp	100
valhi inc new	69.77
evolution pete corp	39.38
h & e equipment services inc	6.96
futurefuel corp	3.4

Additions to existing portfolio by Penn Mutual Asset Management, LLC

Reductions

Ticker	% Reduced
select water solutions inc	-53.6
repositrak inc	-52.27
utah med prods inc	-51.17
richardson electrs ltd	-36.19
interdigital inc	-34.38
devon energy corp new	-26.82
northern technologies intl c	-23.05
agnico eagle mines ltd	-21.14

Penn Mutual Asset Management, LLC reduced stake in above stock

Sold off

Ticker	$ Sold
turning pt brands inc	-1,221,970
marketwise inc	-142,725
opera ltd	-521,730
arcos dorados holdings inc	-255,760
park aerospace corp	-243,546
premier inc	-221,000
community healthcare tr inc	-219,038
baxter intl inc	-337,646

Penn Mutual Asset Management, LLC got rid off the above stocks

Sector Distribution

Penn Mutual Asset Management has about 37.5% of it's holdings in Real Estate sector.

Sector	%
Real Estate	37.5
Others	9.9
Industrials	9.7
Healthcare	9.6
Basic Materials	7.2
Energy	6.9
Technology	5.9
Consumer Defensive	3.7
Communication Services	3.3
Utilities	2.7
Consumer Cyclical	1.9
Financial Services	1.7

Market Cap. Distribution

Penn Mutual Asset Management has about 11.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MID-CAP	41.1
SMALL-CAP	28.5
LARGE-CAP	11.3
UNALLOCATED	9.9
MICRO-CAP	9.2

Stocks belong to which Index?

About 52.1% of the stocks held by Penn Mutual Asset Management either belong to S&P 500 or RUSSELL 2000 index.

Index	%
Others	47.8
RUSSELL 2000	42.3
S&P 500	9.8

Top 5 Winners (%)		%
NTIC	northern technologies intl c	24.9 %
RELL	richardson electrs ltd	24.1 %
HPE	hewlett packard enterprise c	19.2 %
AA	alcoa corp	17.7 %
CMTL	comtech telecommunications c	16.0 %

Top 5 Winners ($)		$
RELL	richardson electrs ltd	0.1 M
CMTL	comtech telecommunications c	0.1 M
NTIC	northern technologies intl c	0.1 M
HPE	hewlett packard enterprise c	0.1 M
WTTR	select water solutions inc	0.1 M

Top 5 Losers (%)		%
WBA	walgreens boots alliance inc	-44.2 %
FF	futurefuel corp	-35.5 %
HEES	h & e equipment services inc	-30.1 %
PRGO	perrigo co plc	-20.2 %
DK	delek us hldgs inc new	-19.4 %

Top 5 Losers ($)		$
FF	futurefuel corp	-0.2 M
HEES	h & e equipment services inc	-0.2 M
WBA	walgreens boots alliance inc	-0.1 M
AGNC	agnc invt corp	-0.1 M
NLY	annaly capital management in	-0.1 M

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 52 stocks in it's portfolio. About 29.8% of the portfolio is in top 10 stocks. FF proved to be the most loss making stock for the portfolio. RELL was the most profitable stock for Penn Mutual Asset Management last quarter.

Last Reported on: 14 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AA	alcoa corp	0.59	7,000	278,460	unchanged	0.00

AAP	advance auto parts inc	0.00	0.00	0.00	sold off	-100

AAXJ	ishares tr	6.53	97,300	3,069,820	unchanged	0.00

AG	first majestic silver corp	0.88	500,000	413,149	new

AGNC	agnc invt corp	7.30	360,000	3,434,400	unchanged	0.00

AGX	argan inc	0.53	3,400	248,744	new

ARCO	arcos dorados holdings inc	0.00	0.00	0.00	sold off	-100

ARR	armour residential reit inc	7.17	174,050	3,373,090	unchanged	0.00

ATRI	atrion corp	0.00	0.00	0.00	sold off	-100

BAX	baxter intl inc	0.00	0.00	0.00	sold off	-100

BRC	brady corp	0.51	3,660	241,633	unchanged	0.00

BUZZ	vaneck etf trust	0.91	18,000	428,040	unchanged	0.00

BWXT	bwx technologies inc	1.26	6,250	593,750	new

CBRL	cracker barrel old ctry stor	2.35	1,250,000	1,104,660	unchanged	0.00

CDLX	cardlytics inc	0.98	500,000	461,181	unchanged	0.00

CHCT	community healthcare tr inc	0.00	0.00	0.00	sold off	-100

CMTL	comtech telecommunications c	1.31	204,004	618,132	added	187

CNMD	conmed corp	1.90	1,000,000	893,826	added	100

CVGW	calavo growers inc	0.72	15,000	340,500	new

DINO	hf sinclair corp	0.91	8,055	429,654	unchanged	0.00