AI Portfolio Summary
In 2025 Q4, Penn Mutual Asset Management maintained a portfolio of 66 distinct positions. The most significant new addition to the portfolio was ISHARES TR IBOXX INV, which now represents 84.99% of the total fund value. Conversely, Penn Mutual Asset Management completely exited their position in CERENCE INC NOTE 1.5.
Total Positions
66
Quarter
2025 Q4
Top Holding
LQD (85.0%)
Top 10 Concentration
99.8%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 66
| Stock | History | Sector / Type | Port % | Prev % | Rank / Prev | Conviction | Change | % Change | Influence | Shares | Mkt Value | Avg Cost | Price Held | 1st Owned | Source | Source Date | Date Reported |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
LQD
ISHARES TR IBOX...
|
ETF | 84.99% | — |
#1
Prev: #—
|
9.5 | 1,290,332 | no change |
NEW
|
1,290,332 | $142,181,683 |
$109.41
+0.3%
|
2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
WFC/PRL
WELLS FARGO CO ...
|
Preferred | 4.35% | 14.39% |
#2
1
Prev: #1
|
4.2 | no change | no change |
P
S
|
6,000 | $7,272,000 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NLY
ANNALY CAPITAL ...
|
Real Estate | 2.37% | 6.97% |
#3
1
Prev: #2
|
2.9 | no change | no change |
P
S
|
177,588 | $3,970,868 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AGNC
AGNC INVT CORP ...
|
Real Estate | 2.31% | 6.85% |
#4
1
Prev: #3
|
2.4 | no change | no change |
P
S
|
360,000 | $3,859,200 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARR
ARMOUR RESIDENT...
|
Real Estate | 1.84% | 5.05% |
#5
Prev: #5
|
2.2 | no change | no change |
P
S
|
174,050 | $3,078,945 | 2018 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PFF
ISHARES TR PFD ...
|
Preferred | 1.80% | 5.98% |
#6
2
Prev: #4
|
1.7 | no change | no change |
P
S
|
97,300 | $3,012,408 | 2020 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RBRK
RUBRIK INC. CL ...
|
Technology | 0.75% | 1.68% |
#7
4
Prev: #11
|
3.3 | 5,931 | 56.3% |
P
S
|
16,472 | $1,259,779 | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PHAT
PHATHOM PHARMAC...
|
Healthcare | 0.62% | 1.44% |
#8
10
Prev: #18
|
1.2 | no change | no change |
P
S
|
62,802 | $1,041,885 | 2020 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NOW
SERVICENOW INC ...
|
Technology | 0.49% | — |
#9
Prev: #—
|
3.7 | 5,315 | no change |
NEW
|
5,315 | $814,205 | 2025 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
EMLC
VANECK ETF TRUS...
|
ETF | 0.28% | 0.89% |
#10
24
Prev: #34
|
1.1 | no change | no change |
P
S
|
18,000 | $464,760 | 2019 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TTAN
SERVICETITAN IN...
|
Technology | 0.11% | — |
#11
Prev: #—
|
3.5 | 1,787 | no change |
NEW
|
1,787 | $190,316 | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BRZE
BRAZE INC COM C...
|
Technology | 0.09% | — |
#12
Prev: #—
|
3.5 | 4,321 | no change |
NEW
|
4,321 | $148,167 | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
CERENCE INC NOT...
|
—
|
Bond/Debt | 0.00% | 4.14% |
Sold All 😨
(Was: #6) |
0.0 | -2,575,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
PKE
PARK AEROSPACE ...
|
Industrials | 0.00% | 2.05% |
Sold All 😨
(Was: #7) |
0.0 | -52,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OPRA
OPERA LTD SPONS...
|
Communication Services | 0.00% | 2.02% |
Sold All 😨
(Was: #8) |
0.0 | -50,419 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
N/A
PACIRA BIOSCIEN...
|
—
|
Bond/Debt | 0.00% | 1.98% |
Sold All 😨
(Was: #9) |
0.0 | -1,000,000 | -100.0% |
CLOSED
|
— | $— | — | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | ||
|
HII
HUNTINGTON INGA...
|
Industrials | 0.00% | 1.80% |
Sold All 😨
(Was: #10) |
0.0 | -3,225 | -100.0% |
CLOSED
|
— | $— | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CSV
CARRIAGE SVCS I...
|
Consumer Cyclical | 0.00% | 1.60% |
Sold All 😨
(Was: #12) |
0.0 | -18,468 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
B
BARRICK MNG COR...
|
Basic Materials | 0.00% | 1.58% |
Sold All 😨
(Was: #13) |
0.0 | -24,800 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PZZA
PAPA JOHNS INTL...
|
Consumer Cyclical | 0.00% | 1.56% |
Sold All 😨
(Was: #14) |
0.0 | -16,700 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AEM
AGNICO EAGLE MI...
|
Basic Materials | 0.00% | 1.54% |
Sold All 😨
(Was: #15) |
0.0 | -4,700 | -100.0% |
CLOSED
|
— | $— | 2023 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IMMR
IMMERSION CORP ...
|
Technology | 0.00% | 1.48% |
Sold All 😨
(Was: #16) |
0.0 | -104,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NC
NACCO INDS INC ...
|
Energy | 0.00% | 1.44% |
Sold All 😨
(Was: #17) |
0.0 | -17,578 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ALCO
ALICO INC COM
|
Consumer Defensive | 0.00% | 1.41% |
Sold All 😨
(Was: #19) |
0.0 | -21,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
RYN
RAYONIER INC CO...
|
Real Estate | 0.00% | 1.39% |
Sold All 😨
(Was: #20) |
0.0 | -27,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ARCO
ARCOS DORADOS H...
|
Consumer Cyclical | 0.00% | 1.39% |
Sold All 😨
(Was: #21) |
0.0 | -106,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MPLX
MPLX LP COM UNI...
|
Energy | 0.00% | 1.36% |
Sold All 😨
(Was: #22) |
0.0 | -13,970 | -100.0% |
CLOSED
|
— | $— | 2019 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
IDCC
INTERDIGITAL IN...
|
Technology | 0.00% | 1.34% |
Sold All 😨
(Was: #23) |
0.0 | -2,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CWT
CALIFORNIA WTR ...
|
Utilities | 0.00% | 1.33% |
Sold All 😨
(Was: #24) |
0.0 | -14,950 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
YORW
YORK WTR CO COM
|
Utilities | 0.00% | 1.24% |
Sold All 😨
(Was: #25) |
0.0 | -21,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AAON
AAON INC COM PA...
|
Industrials | 0.00% | 1.18% |
Sold All 😨
(Was: #26) |
0.0 | -6,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OXY
OCCIDENTAL PETE...
|
Energy | 0.00% | 1.04% |
Sold All 😨
(Was: #27) |
0.0 | -11,325 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CURI
CURIOSITYSTREAM...
|
Communication Services | 0.00% | 1.01% |
Sold All 😨
(Was: #28) |
0.0 | -98,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
ADEA
ADEIA INC COM
|
Technology | 0.00% | 0.98% |
Sold All 😨
(Was: #29) |
0.0 | -30,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SNN
SMITH & NEPHEW ...
|
Healthcare | 0.00% | 0.94% |
Sold All 😨
(Was: #30) |
0.0 | -13,325 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NOMD
NOMAD FOODS LTD...
|
Consumer Defensive | 0.00% | 0.93% |
Sold All 😨
(Was: #31) |
0.0 | -36,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MATW
MATTHEWS INTL C...
|
Industrials | 0.00% | 0.90% |
Sold All 😨
(Was: #32) |
0.0 | -19,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GSL
GLOBAL SHIP LEA...
|
Industrials | 0.00% | 0.89% |
Sold All 😨
(Was: #33) |
0.0 | -15,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AES
AES CORP COM
|
Utilities | 0.00% | 0.88% |
Sold All 😨
(Was: #35) |
0.0 | -34,500 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MNRO
MONRO INC COM
|
Consumer Cyclical | 0.00% | 0.87% |
Sold All 😨
(Was: #36) |
0.0 | -25,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OGN
ORGANON & CO CO...
|
Healthcare | 0.00% | 0.87% |
Sold All 😨
(Was: #37) |
0.0 | -42,000 | -100.0% |
CLOSED
|
— | $— | 2023 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
AGX
ARGAN INC COM
|
Industrials | 0.00% | 0.81% |
Sold All 😨
(Was: #38) |
0.0 | -1,542 | -100.0% |
CLOSED
|
— | $— | 2021 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
DVN
DEVON ENERGY CO...
|
Energy | 0.00% | 0.79% |
Sold All 😨
(Was: #39) |
0.0 | -11,550 | -100.0% |
CLOSED
|
— | $— | 2020 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COFS
CHOICEONE FINL ...
|
Financial Services | 0.00% | 0.76% |
Sold All 😨
(Was: #40) |
0.0 | -13,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
TRS
TRIMAS CORP COM...
|
Consumer Cyclical | 0.00% | 0.75% |
Sold All 😨
(Was: #41) |
0.0 | -10,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
JBSS
SANFILIPPO JOHN...
|
Consumer Defensive | 0.00% | 0.75% |
Sold All 😨
(Was: #42) |
0.0 | -6,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
GEN
GEN DIGITAL INC...
|
Technology | 0.00% | 0.72% |
Sold All 😨
(Was: #43) |
0.0 | -13,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
WTTR
SELECT WATER SO...
|
Energy | 0.00% | 0.71% |
Sold All 😨
(Was: #44) |
0.0 | -34,405 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SUI
SUN CMNTYS INC ...
|
Real Estate | 0.00% | 0.70% |
Sold All 😨
(Was: #45) |
0.0 | -2,785 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
C
CITIGROUP INC C...
|
Financial Services | 0.00% | 0.69% |
Sold All 😨
(Was: #46) |
0.0 | -3,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LYTS
LSI INDS INC OH...
|
Technology | 0.00% | 0.69% |
Sold All 😨
(Was: #47) |
0.0 | -15,000 | -100.0% |
CLOSED
|
— | $— | 2021 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CVGW
CALAVO GROWERS ...
|
Consumer Defensive | 0.00% | 0.69% |
Sold All 😨
(Was: #48) |
0.0 | -13,750 | -100.0% |
CLOSED
|
— | $— | 2022 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
SIGA
SIGA TECHNOLOGI...
|
Healthcare | 0.00% | 0.68% |
Sold All 😨
(Was: #49) |
0.0 | -38,280 | -100.0% |
CLOSED
|
— | $— | 2024 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PAA
PLAINS ALL AMER...
|
Energy | 0.00% | 0.65% |
Sold All 😨
(Was: #50) |
0.0 | -19,500 | -100.0% |
CLOSED
|
— | $— | 2019 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NRC
NATIONAL RESH C...
|
Healthcare | 0.00% | 0.63% |
Sold All 😨
(Was: #51) |
0.0 | -25,281 | -100.0% |
CLOSED
|
— | $— | 2024 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
CBRL
CRACKER BARREL ...
|
Consumer Cyclical | 0.00% | 0.59% |
Sold All 😨
(Was: #52) |
0.0 | -6,900 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
MCHP
MICROCHIP TECHN...
|
Technology | 0.00% | 0.56% |
Sold All 😨
(Was: #53) |
0.0 | -4,500 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
PRGO
PERRIGO CO PLC ...
|
Healthcare | 0.00% | 0.55% |
Sold All 😨
(Was: #54) |
0.0 | -12,800 | -100.0% |
CLOSED
|
— | $— | 2023 Q4 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
NX
QUANEX BLDG PRO...
|
Industrials | 0.00% | 0.55% |
Sold All 😨
(Was: #55) |
0.0 | -20,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
LXFR
LUXFER HLDGS PL...
|
Industrials | 0.00% | 0.55% |
Sold All 😨
(Was: #56) |
0.0 | -20,211 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
BTI
BRITISH AMERN T...
|
Consumer Defensive | 0.00% | 0.54% |
Sold All 😨
(Was: #57) |
0.0 | -5,200 | -100.0% |
CLOSED
|
— | $— | 2024 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
COLB
COLUMBIA BKG SY...
|
Financial Services | 0.00% | 0.50% |
Sold All 😨
(Was: #58) |
0.0 | -10,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
FF
FUTUREFUEL CORP...
|
Basic Materials | 0.00% | 0.48% |
Sold All 😨
(Was: #59) |
0.0 | -63,789 | -100.0% |
CLOSED
|
— | $— | 2020 Q3 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
OSPN
ONESPAN INC COM
|
Technology | 0.00% | 0.46% |
Sold All 😨
(Was: #60) |
0.0 | -15,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q2 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
VSH
VISHAY INTERTEC...
|
Technology | 0.00% | 0.45% |
Sold All 😨
(Was: #61) |
0.0 | -15,000 | -100.0% |
CLOSED
|
— | $— | 2025 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) | |||
|
KDP
KEURIG DR PEPPE...
|
Consumer Defensive | 0.00% | 0.35% |
Sold All 😨
(Was: #62) |
0.0 | -7,000 | -100.0% |
CLOSED
|
— | $— | 2024 Q1 | 13F Filing | 2025-12-31 | 2026-02-14 (Est.) |
Showing 1-25 of 66 holdings