Filed: 1/23/2026ACC: 0001193125-26-021156
📋 What this filing means
PENN MUTUAL ASSET MANAGEMENT filed this quarterly 13F‑HR report disclosing 12 equity positions with a total reported market value of $167.29M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
12
Positions
$167.29M
Total AUM (reported)
2.21M
Total Shares
Allocation by class
IBOXX INV CP ETF$142.18M85.0%
PERP PFD CNV A$7.27M4.3%
COM$5.72M3.4%
COM NEW$3.97M2.4%
COM SHS$3.08M1.8%
PFD AND INCM SEC$3.01M1.8%
CL A$1.26M0.8%
Portfolio Concentration
Top 3$153.42M91.7%
4–10$13.53M8.1%
11–25$338.5K0.2%
Top 3 weight
91.7%
Top 10 weight
99.8%
Voting Authority Distribution
Total shares with voting rights: 2.21M
Sole
Full voting authority
2.21M
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)
Sole12
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings12
Rows:
ISHARES TR IBOXX INV CP ETF
SOLEShares1.29M
TypeSH
Market value$142.18M
84.99%
Sole
1.29M
Shared
0.00
None
0.00
WELLS FARGO CO NEW PERP PFD CNV A
SOLEShares6K
TypeSH
Market value$7.27M
4.35%
Sole
6K
Shared
0.00
None
0.00
ANNALY CAPITAL MANAGEMENT IN COM NEW
SOLEShares177.59K
TypeSH
Market value$3.97M
2.37%
Sole
177.59K
Shared
0.00
None
0.00
AGNC INVT CORP COM
SOLEShares360K
TypeSH
Market value$3.86M
2.31%
Sole
360K
Shared
0.00
None
0.00
ARMOUR RESIDENTIAL REIT INC COM SHS
SOLEShares174.05K
TypeSH
Market value$3.08M
1.84%
Sole
174.05K
Shared
0.00
None
0.00
ISHARES TR PFD AND INCM SEC
SOLEShares97.30K
TypeSH
Market value$3.01M
1.80%
Sole
97.30K
Shared
0.00
None
0.00
RUBRIK INC. CL A
SOLEShares16.47K
TypeSH
Market value$1.26M
0.75%
Sole
16.47K
Shared
0.00
None
0.00
PHATHOM PHARMACEUTICALS INC COM
SOLEShares62.80K
TypeSH
Market value$1.04M
0.62%
Sole
62.80K
Shared
0.00
None
0.00
SERVICENOW INC COM
SOLEShares5.32K
TypeSH
Market value$814.2K
0.49%
Sole
5.32K
Shared
0.00
None
0.00
VANECK ETF TRUST JP MRGAN EM LOC
SOLEShares18K
TypeSH
Market value$464.8K
0.28%
Sole
18K
Shared
0.00
None
0.00
SERVICETITAN INC SHS CL A
SOLEShares1.79K
TypeSH
Market value$190.3K
0.11%
Sole
1.79K
Shared
0.00
None
0.00
BRAZE INC COM CL A
SOLEShares4.32K
TypeSH
Market value$148.2K
0.09%
Sole
4.32K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
ISHARES TR IBOXX INV CP ETFSOLE | IBOXX INV CP ETF | 1.29M | SH | $142.18M 84.99% | 1.29M | 0.00 | 0.00 |
WELLS FARGO CO NEW PERP PFD CNV ASOLE | PERP PFD CNV A | 6K | SH | $7.27M 4.35% | 6K | 0.00 | 0.00 |
ANNALY CAPITAL MANAGEMENT IN COM NEWSOLE | COM NEW | 177.59K | SH | $3.97M 2.37% | 177.59K | 0.00 | 0.00 |
AGNC INVT CORP COMSOLE | COM | 360K | SH | $3.86M 2.31% | 360K | 0.00 | 0.00 |
ARMOUR RESIDENTIAL REIT INC COM SHSSOLE | COM SHS | 174.05K | SH | $3.08M 1.84% | 174.05K | 0.00 | 0.00 |
ISHARES TR PFD AND INCM SECSOLE | PFD AND INCM SEC | 97.30K | SH | $3.01M 1.80% | 97.30K | 0.00 | 0.00 |
RUBRIK INC. CL ASOLE | CL A | 16.47K | SH | $1.26M 0.75% | 16.47K | 0.00 | 0.00 |
PHATHOM PHARMACEUTICALS INC COMSOLE | COM | 62.80K | SH | $1.04M 0.62% | 62.80K | 0.00 | 0.00 |
SERVICENOW INC COMSOLE | COM | 5.32K | SH | $814.2K 0.49% | 5.32K | 0.00 | 0.00 |
VANECK ETF TRUST JP MRGAN EM LOCSOLE | JP MRGAN EM LOC | 18K | SH | $464.8K 0.28% | 18K | 0.00 | 0.00 |
SERVICETITAN INC SHS CL ASOLE | SHS CL A | 1.79K | SH | $190.3K 0.11% | 1.79K | 0.00 | 0.00 |
BRAZE INC COM CL ASOLE | COM CL A | 4.32K | SH | $148.2K 0.09% | 4.32K | 0.00 | 0.00 |