Penn Mutual Asset Management
Registered adviser+ 3 more
SSgA Funds Management, Inc. T. Rowe Price Associates, Inc. Vontobel Asset Management, Inc.Regulatory profile
From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.
| Rosters | Regulatory AUM | Main clients |
|---|---|---|
| May 2026 to Nov 2026 | $42,286,743,213 | Insurance companies (78%) |
| Apr 2025 to Apr 2026 | $39,106,375,391 | Insurance companies (74%) |
| Apr 2024 to Mar 2025 | $33,655,762,702 | Insurance companies (70%) |
| May 2023 to Mar 2024 | $30,327,835,189 | Insurance companies (70%) |
| Apr 2023 | $30,327,835,189 | Insurance companies (70%) |
| Apr 2022 to Mar 2023 | $34,719,865,526 | Insurance companies (67%) |
In the firm's words
- Fundamental active:
PMAM conducts fundamental, technical, and valuation analyses to identify securities that offer the most attractive total-return potential within the established risk framework.
- Value:
PMAM employs a value-based analytical framework to identify attractive investment opportunities across and within asset classes.
- Fixed income / rates:
For fixed‑income strategies, the focus is primarily on investment‑grade securities.
- Multi-asset:
For fund‑of‑funds strategies, assets are allocated among a combination of underlying funds in accordance with the fund‑of‑funds’ target asset allocation.
Portfolio style
Measured from the filed 13F common-share book for Jun 30, 2026, the newest measured quarter, never from the firm's own description.
Closest benchmark: the S&P MidCap 400 as of 2026-06-30, active share 99.5%; sector active share 84.9% against the combined 13F book's sector weights.
Over time 26 measured quarters
How the bands are measured
Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.
Clone Performance
Build a hypothetical price-return history from this filer's public 13F holdings.
View clone backtestPortfolio Concentration
6 tracked positions · as of Sep 30, 2026 · Δ vs Jun 30, 2026Portfolio Trend
Sector Breakdown
As of Sep 30, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Real Estate | 54.2% | $9,026,948 |
| Technology | 40.3% | $6,711,308 |
| Healthcare | 2.8% | $458,454 |
| Unclassified | 2.7% | $446,940 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increasedTrimmed
Positions the filer reducedNew Positions
Positions the filer opened this quarter| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| CHYM | Chime Financial, Inc. | 251,926 | $6,711,308 | |
| No positions match the current search. | ||||
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| CHYM |
Chime Financial, Inc.
Technology
|
NEW | 251,926 | $6,711,308 | 40.32% | |
| NLY |
Annaly Capital Management Inc
Real Estate
|
Held | 177,588 | $3,354,637 | 20.16% | |
| AGNC |
AGNC Investment Corp.
Real Estate
|
Held | 360,000 | $3,265,200 | 19.62% | |
| ARR |
Armour Residential REIT, Inc.
Real Estate
|
Held | 174,050 | $2,407,111 | 14.46% | |
| PHAT |
Phathom Pharmaceuticals, Inc.
Healthcare
|
Held | 62,802 | $458,454 | 2.75% | |
| EMLC |
VanEck J.P. Morgan EM Local Currency Bond ETF
|
Held | 18,000 | $446,940 | 2.69% |
Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.