Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
Mid Cap Value Fund
Number of Shares | Value† | |
COMMON STOCKS — 92.5% | ||
Aerospace & Defense — 1.8% | ||
L3Harris Technologies, Inc. | 8,559 | $1,490,293 |
Auto Parts & Equipment — 1.5% | ||
Aptiv PLC* | 6,390 | 629,990 |
Autoliv, Inc. | 6,702 | 646,609 |
1,276,599 | ||
Banks — 6.9% | ||
Popular, Inc. | 10,706 | 674,585 |
State Street Corp. | 24,562 | 1,644,672 |
Synovus Financial Corp. | 36,531 | 1,015,562 |
The PNC Financial Services Group, Inc. | 12,969 | 1,592,204 |
Wintrust Financial Corp. | 11,258 | 849,979 |
5,777,002 | ||
Biotechnology — 1.6% | ||
Corteva, Inc. | 25,500 | 1,304,580 |
Building Materials — 3.2% | ||
Fortune Brands Innovations, Inc. | 23,411 | 1,455,228 |
Martin Marietta Materials, Inc. | 2,950 | 1,210,916 |
2,666,144 | ||
Chemicals — 1.4% | ||
Axalta Coating Systems Ltd.* | 23,636 | 635,808 |
Westlake Corp. | 4,241 | 528,726 |
1,164,534 | ||
Computers — 1.0% | ||
Insight Enterprises, Inc.* | 5,572 | 810,726 |
Cosmetics & Personal Care — 0.9% | ||
Kenvue, Inc. | 38,518 | 773,441 |
Diversified Financial Services — 1.7% | ||
Jefferies Financial Group, Inc. | 39,003 | 1,428,680 |
Electric — 4.6% | ||
Alliant Energy Corp. | 41,589 | 2,014,987 |
Entergy Corp. | 19,842 | 1,835,385 |
3,850,372 | ||
Electrical Components & Equipment — 2.0% | ||
AMETEK, Inc. | 11,419 | 1,687,271 |
Electronics — 2.2% | ||
TD SYNNEX Corp. | 5,388 | 538,046 |
Vontier Corp. | 41,413 | 1,280,490 |
1,818,536 | ||
Environmental Control — 1.8% | ||
Waste Connections, Inc. | 11,049 | 1,483,881 |
Food — 1.2% | ||
Kellanova | 16,603 | 988,045 |
Hand & Machine Tools — 1.6% | ||
Lincoln Electric Holdings, Inc. | 7,606 | 1,382,695 |
Number of Shares | Value† | |
Healthcare Products — 4.2% | ||
Avantor, Inc.* | 45,694 | $963,229 |
Envista Holdings Corp.* | 26,001 | 724,908 |
Globus Medical, Inc., Class A* | 28,566 | 1,418,302 |
Revvity, Inc. | 3,756 | 415,789 |
3,522,228 | ||
Healthcare Services — 4.9% | ||
Amedisys, Inc.* | 9,636 | 900,002 |
Charles River Laboratories International, Inc.* | 1,874 | 367,267 |
Humana, Inc. | 2,071 | 1,007,583 |
Laboratory Corp. of America Holdings | 8,928 | 1,794,974 |
4,069,826 | ||
Home Builders — 1.3% | ||
Toll Brothers, Inc. | 15,280 | 1,130,109 |
Insurance — 5.3% | ||
Globe Life, Inc. | 12,430 | 1,351,514 |
RenaissanceRe Holdings Ltd. | 4,567 | 903,901 |
The Hartford Financial Services Group, Inc. | 31,307 | 2,219,979 |
4,475,394 | ||
Machinery — Construction & Mining — 2.8% | ||
BWX Technologies, Inc. | 18,008 | 1,350,240 |
Oshkosh Corp. | 10,721 | 1,023,105 |
2,373,345 | ||
Media — 1.5% | ||
Fox Corp., Class B | 44,343 | 1,280,626 |
Mining — 2.2% | ||
Freeport-McMoRan, Inc. | 49,553 | 1,847,831 |
Miscellaneous Manufacturing — 2.8% | ||
Carlisle Cos., Inc. | 4,762 | 1,234,596 |
Hillenbrand, Inc. | 26,901 | 1,138,181 |
2,372,777 | ||
Office & Business Equipment — 0.5% | ||
Zebra Technologies Corp., Class A* | 1,902 | 449,880 |
Oil & Gas — 6.5% | ||
Chesapeake Energy Corp. | 23,979 | 2,067,709 |
Marathon Oil Corp. | 71,376 | 1,909,308 |
Pioneer Natural Resources Co. | 6,342 | 1,455,806 |
5,432,823 | ||
Oil & Gas Services — 1.9% | ||
Baker Hughes Co. | 44,770 | 1,581,276 |
Packaging and Containers — 1.7% | ||
Ball Corp. | 6,769 | 336,961 |
Graphic Packaging Holding Co. | 50,037 | 1,114,824 |
1,451,785 | ||
Pharmaceuticals — 3.1% | ||
Cardinal Health, Inc. | 24,201 | 2,101,131 |
1
Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
Mid Cap Value Fund
Number of Shares | Value† | |
COMMON STOCKS — (continued) | ||
Pharmaceuticals — (continued) | ||
Henry Schein, Inc.* | 6,943 | $515,518 |
2,616,649 | ||
Real Estate — 1.2% | ||
CBRE Group, Inc., Class A* | 13,506 | 997,553 |
Retail — 8.9% | ||
AutoZone, Inc.* | 354 | 899,156 |
Bath & Body Works, Inc. | 29,591 | 1,000,176 |
Burlington Stores, Inc.* | 5,873 | 794,617 |
Casey's General Stores, Inc. | 6,811 | 1,849,323 |
Dick's Sporting Goods, Inc. | 2,326 | 252,557 |
MSC Industrial Direct Co., Inc., Class A | 18,035 | 1,770,135 |
O'Reilly Automotive, Inc.* | 1,038 | 943,397 |
7,509,361 | ||
Semiconductors — 2.8% | ||
Lam Research Corp. | 1,202 | 753,378 |
Microchip Technology, Inc. | 10,693 | 834,589 |
Teradyne, Inc. | 7,201 | 723,412 |
2,311,379 | ||
Software — 4.3% | ||
Activision Blizzard, Inc. | 20,118 | 1,883,648 |
Fidelity National Information Services, Inc. | 30,481 | 1,684,685 |
3,568,333 | ||
Telecommunications — 0.9% | ||
Nice Ltd., ADR* | 4,360 | 741,200 |
Transportation — 1.6% | ||
Canadian Pacific Kansas City Ltd. | 10,611 | 789,565 |
Landstar System, Inc. | 3,326 | 588,502 |
1,378,067 | ||
Trucking and Leasing — 0.7% | ||
GATX Corp. | 5,715 | 621,963 |
TOTAL COMMON STOCKS (Cost $68,503,241) | 77,635,204 | |
REAL ESTATE INVESTMENT TRUSTS — 5.6% | ||
Diversified — 2.7% | ||
Lamar Advertising Co., Class A | 18,293 | 1,526,916 |
PotlatchDeltic Corp. | 15,646 | 710,172 |
2,237,088 | ||
Industrial — 1.1% | ||
STAG lndustrial, Inc. | 28,268 | 975,529 |
Manufactured Homes — 1.8% | ||
Equity LifeStyle Properties, Inc. | 23,911 | 1,523,370 |
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $4,596,026) | 4,735,987 |
Number ofShares | Value† | |
SHORT-TERM INVESTMENTS — 2.0% | ||
BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 5.236%) (Cost $1,670,024) | 1,670,024 | $1,670,024 |
TOTAL INVESTMENTS — 100.1% (Cost $74,769,291) | $84,041,215 | |
Other Assets & Liabilities — (0.1)% | (104,918) | |
TOTAL NET ASSETS — 100.0% | $83,936,297 |
† | See Security Valuation Note in the most recent semi-annual or annual report. |
* | Non-income producing security. |
ADR— American Depositary Receipt. |
PLC— Public Limited Company. |
Country Weightings as of 9/30/2023†† | |
United States | 93% |
Canada | 2 |
Bermuda | 1 |
Israel | 1 |
Puerto Rico | 1 |
Sweden | 1 |
Ireland | 1 |
Total | 100% |
†† | % of total investments as of September 30, 2023. |
2