Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
Large Core Value Fund
Number of Shares | Value† | |
COMMON STOCKS — 93.0% | ||
Aerospace & Defense — 0.6% | ||
Hexcel Corp. | 12,539 | $816,790 |
Auto Manufacturers — 1.5% | ||
PACCAR, Inc. | 23,347 | 1,984,962 |
Banks — 4.4% | ||
M&T Bank Corp. | 10,109 | 1,278,283 |
Wells Fargo & Co. | 113,135 | 4,622,696 |
5,900,979 | ||
Beverages — 3.3% | ||
Constellation Brands, Inc., Class A | 17,819 | 4,478,449 |
Biotechnology — 1.3% | ||
Vertex Pharmaceuticals, Inc.* | 4,913 | 1,708,447 |
Building Materials — 2.1% | ||
Johnson Controls International PLC | 54,305 | 2,889,569 |
Chemicals — 3.6% | ||
FMC Corp. | 25,015 | 1,675,254 |
Linde PLC | 8,579 | 3,194,391 |
4,869,645 | ||
Commercial Services — 1.2% | ||
Robert Half, Inc. | 21,600 | 1,582,848 |
Computers — 1.7% | ||
Accenture PLC, Class A | 4,657 | 1,430,211 |
Logitech International S.A. | 13,385 | 922,762 |
2,352,973 | ||
Distribution & Wholesale — 0.8% | ||
Copart, Inc.* | 23,890 | 1,029,420 |
Diversified Financial Services — 5.2% | ||
Cboe Global Markets, Inc. | 10,689 | 1,669,729 |
Interactive Brokers Group, Inc., Class A | 15,479 | 1,339,862 |
The Charles Schwab Corp. | 73,219 | 4,019,723 |
7,029,314 | ||
Electric — 5.7% | ||
CMS Energy Corp. | 38,737 | 2,057,322 |
Edison International | 19,054 | 1,205,928 |
NextEra Energy, Inc. | 51,850 | 2,970,486 |
Sempra | 21,525 | 1,464,346 |
7,698,082 | ||
Entertainment — 0.8% | ||
TKO Group Holdings, Inc. | 13,014 | 1,093,957 |
Food — 2.0% | ||
The Hershey Co. | 13,620 | 2,725,090 |
Healthcare Products — 5.5% | ||
Boston Scientific Corp.* | 52,387 | 2,766,034 |
Thermo Fisher Scientific, Inc. | 6,512 | 3,296,179 |
Number of Shares | Value† | |
Healthcare Products — (continued) | ||
Zimmer Biomet Holdings, Inc. | 12,370 | $1,388,161 |
7,450,374 | ||
Healthcare Services — 2.0% | ||
Humana, Inc. | 5,432 | 2,642,777 |
Insurance — 6.2% | ||
American International Group, Inc. | 71,351 | 4,323,870 |
Arch Capital Group Ltd.* | 11,622 | 926,390 |
Reinsurance Group of America, Inc. | 21,209 | 3,079,335 |
8,329,595 | ||
Internet — 2.0% | ||
Alphabet, Inc., Class A* | 20,173 | 2,639,839 |
Machinery — Diversified — 2.4% | ||
The Toro Co. | 7,078 | 588,182 |
Westinghouse Air Brake Technologies Corp. | 25,556 | 2,715,836 |
3,304,018 | ||
Media — 1.5% | ||
The Walt Disney Co.* | 24,170 | 1,958,978 |
Mining — 0.8% | ||
Alcoa Corp. | 36,551 | 1,062,172 |
Oil & Gas — 7.7% | ||
Chevron Corp. | 27,114 | 4,571,962 |
ConocoPhillips | 35,641 | 4,269,792 |
EOG Resources, Inc. | 11,975 | 1,517,951 |
10,359,705 | ||
Oil & Gas Services — 0.9% | ||
Halliburton Co. | 28,987 | 1,173,974 |
Packaging and Containers — 1.2% | ||
Ball Corp. | 33,928 | 1,688,936 |
Pharmaceuticals — 11.2% | ||
AbbVie, Inc. | 8,982 | 1,338,857 |
Bristol-Myers Squibb Co. | 66,196 | 3,842,016 |
McKesson Corp. | 4,606 | 2,002,919 |
Neurocrine Biosciences, Inc.* | 18,520 | 2,083,500 |
Sanofi, ADR | 54,683 | 2,933,196 |
Zoetis, Inc. | 17,159 | 2,985,323 |
15,185,811 | ||
Retail — 5.8% | ||
BJ's Wholesale Club Holdings, Inc.* | 43,570 | 3,109,591 |
Dollar Tree, Inc.* | 19,296 | 2,054,059 |
Lithia Motors, Inc. | 2,782 | 821,608 |
Papa John's International, Inc. | 27,551 | 1,879,529 |
7,864,787 | ||
Semiconductors — 4.5% | ||
Micron Technology, Inc. | 55,125 | 3,750,154 |
Texas Instruments, Inc. | 14,641 | 2,328,065 |
6,078,219 |
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Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
Large Core Value Fund
Number of Shares | Value† | |
COMMON STOCKS — (continued) | ||
Shipbuilding — 2.0% | ||
Huntington Ingalls Industries, Inc. | 13,490 | $2,759,784 |
Software — 1.8% | ||
Fiserv, Inc.* | 21,805 | 2,463,093 |
Toys, Games & Hobbies — 1.5% | ||
Hasbro, Inc. | 31,422 | 2,078,251 |
Transportation — 1.8% | ||
CSX Corp. | 77,457 | 2,381,803 |
TOTAL COMMON STOCKS (Cost $121,729,816) | 125,582,641 | |
REAL ESTATE INVESTMENT TRUSTS — 5.9% | ||
Apartments — 3.6% | ||
Invitation Homes, Inc. | 74,418 | 2,358,307 |
Mid-America Apartment Communities, Inc. | 19,688 | 2,532,861 |
4,891,168 | ||
Healthcare — 0.8% | ||
Healthpeak Properties, Inc. | 58,221 | 1,068,937 |
Industrial — 1.0% | ||
First Industrial Realty Trust, Inc. | 29,929 | 1,424,321 |
Office Property — 0.5% | ||
Cousins Properties, Inc. | 31,621 | 644,120 |
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $9,884,738) | 8,028,546 |
SHORT-TERM INVESTMENTS — 1.2% | ||
BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 5.236%) (Cost $1,578,068) | 1,578,068 | 1,578,068 |
TOTAL INVESTMENTS — 100.1% (Cost $133,192,622) | $135,189,255 | |
Other Assets & Liabilities — (0.1)% | (182,177) | |
TOTAL NET ASSETS — 100.0% | $135,007,078 |
† | 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. |
S.A.— Societe Anonyme. |
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