Changing Investment Landscape: Penn Mutual Asset Management's Q4 2022 vs. Q1 2023 Holdings

The investment industry is always changing, and staying up-to-date with the latest trends and shifts is essential for investors to make informed decisions. Today, we'll dive into the changes and trends within Penn Mutual Asset Management's Q4 2022 vs. Q1 2023 13F holdings.

Penn Mutual Asset Management's Q4 2022 vs. Q1 2023 13F Holdings Comparison

According to the latest 13F filings, Penn Mutual Asset Management shows a mixed picture across the board in its latest holdings. The value of stocks increased by 4.4%, but there were also some major losses, including a decrease of 61.8% in Franklin BSP Realty Trust, Inc. Shares. Let's get into the details:

Top Gainers

MPLX LP, a midstream energy company, saw the biggest increases in holdings, with a gain of 85.4%. They were followed by Nordic American Tankers Limited, with holdings increasing by an astounding 632.7%. Turning Point Brands, Inc. saw significant growth of 6.5% within the same period.

Top Losers

Franklin BSP Realty Trust, Inc. took the biggest hit, with a decrease of 61.8%. BlackRock Resources & Commodities and International Business Machines Corporation followed, with holdings decreasing by 20.1% and 22%, respectively. Ligand Pharmaceuticals, Inc. and Haynes International, Inc. experienced significant losses of 36.4% and 100%, respectively.

Holdings by Sector

When it comes to holdings by sector, energy stocks were the most common, accounting for 25% of holdings. This percentage is up compared to last year, in which energy stocks accounted for only 12.5% of holdings. Consumer defensive and health care stocks followed closely behind, accounting for around 13% each. Interestingly, Penn Mutual Asset Management had no holdings in the technology sector.

Conclusion

In conclusion, Penn Mutual Asset Management's Q4 2022 vs. Q1 2023 13F Holdings Comparison is a mixed picture with significant notable changes. As we've highlighted above, investors should keep their eyes on the energy sector and keep an eye out for changes in the technology sector in the future. With this information, investors can make informed decisions and stay ahead of the game.