Filed: 8/14/2025ACC: 0000950123-25-008382
📋 What this filing means
PENN MUTUAL ASSET MANAGEMENT filed this quarterly 13F‑HR report disclosing 67 equity positions with a total reported market value of $56.59M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
67
Positions
$56.59M
Total AUM (reported)
7.31M
Total Shares
Allocation by class
COM$19.50M34.5%
PERP PFD CNV A$7.04M12.4%
CL A$6.48M11.4%
COM NEW$4.35M7.7%
COM SHS$3.49M6.2%
PFD AND INCM SEC$2.99M5.3%
NOTE 1.500% 7/0$1.97M3.5%
Portfolio Concentration
Top 3$15.11M26.7%
4–10$14.94M26.4%
11–25$11.03M19.5%
Rest$15.51M27.4%
Top 3 weight
26.7%
Top 10 weight
53.1%
Voting Authority Distribution
Total shares with voting rights: 7.31M
Sole
Full voting authority
7.31M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole67
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings67
Rows:
WELLS FARGO CO NEW
SOLEShares6K
TypeSH
Market value$7.04M
12.45%
Sole
6K
Shared
0.00
None
0.00
RUBRIK INC.
SOLEShares52.72K
TypeSH
Market value$4.72M
8.35%
Sole
52.72K
Shared
0.00
None
0.00
ANNALY CAPITAL MANAGEMENT IN
SOLEShares177.59K
TypeSH
Market value$3.34M
5.91%
Sole
177.59K
Shared
0.00
None
0.00
AGNC INVT CORP
SOLEShares360K
TypeSH
Market value$3.31M
5.85%
Sole
360K
Shared
0.00
None
0.00
ISHARES TR
SOLEShares97.30K
TypeSH
Market value$2.99M
5.28%
Sole
97.30K
Shared
0.00
None
0.00
ARMOUR RESIDENTIAL REIT INC
SOLEShares174.05K
TypeSH
Market value$2.93M
5.17%
Sole
174.05K
Shared
0.00
None
0.00
CERENCE INC
SOLEShares2.58M
TypePRN
Market value$1.97M
3.48%
Sole
2.58M
Shared
0.00
None
0.00
OMNICELL COM
SOLEShares1.50M
TypePRN
Market value$1.48M
2.61%
Sole
1.50M
Shared
0.00
None
0.00
CARRIAGE SVCS INC
SOLEShares28.47K
TypeSH
Market value$1.30M
2.30%
Sole
28.47K
Shared
0.00
None
0.00
PACIRA BIOSCIENCES INC
SOLEShares1M
TypePRN
Market value$978.9K
1.73%
Sole
1M
Shared
0.00
None
0.00
OPERA LTD
SOLEShares50.42K
TypeSH
Market value$952.9K
1.68%
Sole
50.42K
Shared
0.00
None
0.00
NACCO INDS INC
SOLEShares20.08K
TypeSH
Market value$889.7K
1.57%
Sole
20.08K
Shared
0.00
None
0.00
ARCOS DORADOS HOLDINGS INC
SOLEShares106K
TypeSH
Market value$836.3K
1.48%
Sole
106K
Shared
0.00
None
0.00
IMMERSION CORP
SOLEShares104K
TypeSH
Market value$819.5K
1.45%
Sole
104K
Shared
0.00
None
0.00
PAPA JOHNS INTL INC
SOLEShares16.70K
TypeSH
Market value$817.3K
1.44%
Sole
16.70K
Shared
0.00
None
0.00
HUNTINGTON INGALLS INDS INC
SOLEShares3.23K
TypeSH
Market value$778.7K
1.38%
Sole
3.23K
Shared
0.00
None
0.00
PARK AEROSPACE CORP
SOLEShares52K
TypeSH
Market value$768.0K
1.36%
Sole
52K
Shared
0.00
None
0.00
MPLX LP
SOLEShares13.97K
TypeSH
Market value$719.6K
1.27%
Sole
13.97K
Shared
0.00
None
0.00
ALICO INC
SOLEShares21K
TypeSH
Market value$686.3K
1.21%
Sole
21K
Shared
0.00
None
0.00
CALIFORNIA WTR SVC GROUP
SOLEShares14.95K
TypeSH
Market value$679.9K
1.20%
Sole
14.95K
Shared
0.00
None
0.00
YORK WTR CO
SOLEShares21K
TypeSH
Market value$663.6K
1.17%
Sole
21K
Shared
0.00
None
0.00
NOMAD FOODS LTD
SOLEShares36.50K
TypeSH
Market value$620.1K
1.10%
Sole
36.50K
Shared
0.00
None
0.00
PHATHOM PHARMACEUTICALS INC
SOLEShares62.80K
TypeSH
Market value$602.3K
1.06%
Sole
62.80K
Shared
0.00
None
0.00
RAYONIER INC
SOLEShares27K
TypeSH
Market value$598.9K
1.06%
Sole
27K
Shared
0.00
None
0.00
SERVICETITAN INC
SOLEShares5.54K
TypeSH
Market value$593.8K
1.05%
Sole
5.54K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
WELLS FARGO CO NEWSOLE | PERP PFD CNV A | 6K | SH | $7.04M 12.45% | 6K | 0.00 | 0.00 |
RUBRIK INC.SOLE | CL A | 52.72K | SH | $4.72M 8.35% | 52.72K | 0.00 | 0.00 |
ANNALY CAPITAL MANAGEMENT INSOLE | COM NEW | 177.59K | SH | $3.34M 5.91% | 177.59K | 0.00 | 0.00 |
AGNC INVT CORPSOLE | COM | 360K | SH | $3.31M 5.85% | 360K | 0.00 | 0.00 |
ISHARES TRSOLE | PFD AND INCM SEC | 97.30K | SH | $2.99M 5.28% | 97.30K | 0.00 | 0.00 |
ARMOUR RESIDENTIAL REIT INCSOLE | COM SHS | 174.05K | SH | $2.93M 5.17% | 174.05K | 0.00 | 0.00 |
CERENCE INCSOLE | NOTE 1.500% 7/0 | 2.58M | PRN | $1.97M 3.48% | 2.58M | 0.00 | 0.00 |
OMNICELL COMSOLE | NOTE 0.250% 9/1 | 1.50M | PRN | $1.48M 2.61% | 1.50M | 0.00 | 0.00 |
CARRIAGE SVCS INCSOLE | COM | 28.47K | SH | $1.30M 2.30% | 28.47K | 0.00 | 0.00 |
PACIRA BIOSCIENCES INCSOLE | NOTE 2.125% 5/1 | 1M | PRN | $978.9K 1.73% | 1M | 0.00 | 0.00 |
OPERA LTDSOLE | SPONSORED ADS | 50.42K | SH | $952.9K 1.68% | 50.42K | 0.00 | 0.00 |
NACCO INDS INCSOLE | CL A | 20.08K | SH | $889.7K 1.57% | 20.08K | 0.00 | 0.00 |
ARCOS DORADOS HOLDINGS INCSOLE | SHS CLASS -A - | 106K | SH | $836.3K 1.48% | 106K | 0.00 | 0.00 |
IMMERSION CORPSOLE | COM | 104K | SH | $819.5K 1.45% | 104K | 0.00 | 0.00 |
PAPA JOHNS INTL INCSOLE | COM | 16.70K | SH | $817.3K 1.44% | 16.70K | 0.00 | 0.00 |
HUNTINGTON INGALLS INDS INCSOLE | COM | 3.23K | SH | $778.7K 1.38% | 3.23K | 0.00 | 0.00 |
PARK AEROSPACE CORPSOLE | COM | 52K | SH | $768.0K 1.36% | 52K | 0.00 | 0.00 |
MPLX LPSOLE | COM UNIT REP LTD | 13.97K | SH | $719.6K 1.27% | 13.97K | 0.00 | 0.00 |
ALICO INCSOLE | COM | 21K | SH | $686.3K 1.21% | 21K | 0.00 | 0.00 |
CALIFORNIA WTR SVC GROUPSOLE | COM | 14.95K | SH | $679.9K 1.20% | 14.95K | 0.00 | 0.00 |
YORK WTR COSOLE | COM | 21K | SH | $663.6K 1.17% | 21K | 0.00 | 0.00 |
NOMAD FOODS LTDSOLE | USD ORD SHS | 36.50K | SH | $620.1K 1.10% | 36.50K | 0.00 | 0.00 |
PHATHOM PHARMACEUTICALS INCSOLE | COM | 62.80K | SH | $602.3K 1.06% | 62.80K | 0.00 | 0.00 |
RAYONIER INCSOLE | COM | 27K | SH | $598.9K 1.06% | 27K | 0.00 | 0.00 |
SERVICETITAN INCSOLE | SHS CL A | 5.54K | SH | $593.8K 1.05% | 5.54K | 0.00 | 0.00 |
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