Penn Mutual Asset Management
Penn Mutual Asset Management reported 7 US-listed holdings worth $23.1 million in its 13F for the quarter ended 30 September 2026, filed 19 October 2026. Its largest: Chime Finl Inc (29.0%), Wells Fargo Co. New (28.0%) and Annaly Capital Management Inc. (14.5%). Against the quarter before, it opened 1 position, added to 0, trimmed 0 and sold out of 3.
The 7 largest of its 7 positions, each sized by its share of the reported holdings, coloured by the change in shares against Q2 2026.
What the fund reported holding at each quarter's end; hover a bar for the number of positions
What its reported holdings returned
Held through each quarter, the holdings it reported returned -3.6% over the 8 quarters to 30 September 2026, against +32.9% for the S&P 500.
Not the fund's own return: each 13F's holdings are kept unchanged until the next one, so trades inside a quarter, dividends, cash and fees are left out. A rough guide to how its picks have done over time.
What it did on the quarter
Its positions against its 13F for the quarter to 30 June 2026; a change under 0.1% of a position counts as held
Opened 1
- Chime Finl Inc CHYM$6.7 million
Sold out of 3
- Rubrik Inc. RBRK$198,051 last quarter
- Navan Inc. NAVN$189,798 last quarter
- Servicetitan TTAN$83,933 last quarter
What it holds
| Company | Shares | Value | Of its book | Change in shares |
|---|---|---|---|---|
| Chime Finl Inc CHYM | 251.9K | $6.7 million | 29.03% | new |
| Wells Fargo Co. New | 6.0K | $6.5 million | 28.00% | no change |
| Annaly Capital Management Inc. NLY | 177.6K | $3.4 million | 14.51% | no change |
| Agnc Invt Corp. AGNC | 360.0K | $3.3 million | 14.12% | no change |
| Armour Residential REIT Inc. ARR | 174.1K | $2.4 million | 10.41% | no change |
| Phathom Pharmaceuticals Inc. PHAT | 62.8K | $458,455 | 1.98% | no change |
| Vaneck ETF Trust EMLC | 18.0K | $446,940 | 1.93% | no change |