Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
SMID Cap Growth Fund
Number of Shares | Value† | |
COMMON STOCKS — 98.8% | ||
Aerospace & Defense — 1.2% | ||
HEICO Corp. | 4,864 | $787,628 |
Apparel — 3.4% | ||
Crocs, Inc.* | 8,887 | 784,100 |
Deckers Outdoor Corp.* | 1,891 | 972,144 |
On Holding AG, Class A* | 16,815 | 467,793 |
2,224,037 | ||
Auto Parts & Equipment — 0.5% | ||
Fox Factory Holding Corp.* | 3,466 | 343,411 |
Beverages — 0.9% | ||
Celsius Holdings, Inc.* | 3,343 | 573,659 |
Biotechnology — 3.5% | ||
Apellis Pharmaceuticals, Inc.* | 6,129 | 233,147 |
BioMarin Pharmaceutical, Inc.* | 5,637 | 498,762 |
Exelixis, Inc.* | 12,448 | 271,989 |
Halozyme Therapeutics, Inc.* | 19,466 | 743,601 |
Krystal Biotech, Inc.* | 1,671 | 193,836 |
Ultragenyx Pharmaceutical, Inc.* | 8,928 | 318,283 |
2,259,618 | ||
Building Materials — 1.4% | ||
AAON, Inc. | 15,967 | 908,043 |
Chemicals — 3.6% | ||
Ashland, Inc. | 13,839 | 1,130,370 |
RPM International, Inc. | 13,045 | 1,236,796 |
2,367,166 | ||
Commercial Services — 2.6% | ||
Shift4 Payments, Inc., Class A* | 9,285 | 514,111 |
Toast, Inc., Class A* | 26,299 | 492,580 |
WEX, Inc.* | 3,544 | 666,591 |
1,673,282 | ||
Computers — 3.2% | ||
CACI International, Inc., Class A* | 1,597 | 501,346 |
CyberArk Software Ltd.* | 4,100 | 671,457 |
Pure Storage, Inc., Class A* | 26,403 | 940,475 |
2,113,278 | ||
Cosmetics & Personal Care — 0.4% | ||
elf Beauty, Inc.* | 2,585 | 283,911 |
Distribution & Wholesale — 5.3% | ||
Core & Main, Inc., Class A* | 43,385 | 1,251,657 |
Pool Corp. | 2,309 | 822,235 |
SiteOne Landscape Supply, Inc.* | 4,089 | 668,347 |
Watsco, Inc. | 1,848 | 698,027 |
3,440,266 | ||
Diversified Financial Services — 2.9% | ||
Cboe Global Markets, Inc. | 3,336 | 521,116 |
Hamilton Lane, Inc., Class A | 3,743 | 338,517 |
Houlihan Lokey, Inc. | 4,493 | 481,290 |
LPL Financial Holdings, Inc. | 2,398 | 569,885 |
1,910,808 |
Number of Shares | Value† | |
Electrical Components & Equipment — 1.7% | ||
Novanta, Inc.* | 7,724 | $1,107,931 |
Electronics — 5.5% | ||
Allegion PLC | 13,598 | 1,416,912 |
Badger Meter, Inc. | 3,999 | 575,336 |
Hubbell, Inc. | 3,688 | 1,155,856 |
nVent Electric PLC | 8,347 | 442,307 |
3,590,411 | ||
Engineering & Construction — 1.6% | ||
EMCOR Group, Inc. | 5,013 | 1,054,685 |
Environmental Control — 1.8% | ||
Tetra Tech, Inc. | 7,767 | 1,180,817 |
Hand & Machine Tools — 2.0% | ||
Lincoln Electric Holdings, Inc. | 7,156 | 1,300,889 |
Healthcare Products — 11.9% | ||
Axonics, Inc.* | 14,880 | 835,066 |
Bio-Techne Corp. | 12,541 | 853,666 |
Bruker Corp. | 15,161 | 944,530 |
Exact Sciences Corp.* | 10,296 | 702,393 |
iRhythm Technologies, Inc.* | 6,234 | 587,617 |
Natera, Inc.* | 14,199 | 628,306 |
Penumbra, Inc.* | 1,605 | 388,266 |
Repligen Corp.* | 6,180 | 982,682 |
Shockwave Medical, Inc.* | 2,291 | 456,138 |
Stevanato Group SpA | 20,870 | 620,256 |
The Cooper Cos., Inc. | 2,329 | 740,645 |
7,739,565 | ||
Healthcare Services — 1.7% | ||
HealthEquity, Inc.* | 6,612 | 483,006 |
Surgery Partners, Inc.* | 21,771 | 636,802 |
1,119,808 | ||
Household Products & Wares — 1.2% | ||
Avery Dennison Corp. | 4,350 | 794,614 |
Insurance — 2.0% | ||
Kinsale Capital Group, Inc. | 3,104 | 1,285,460 |
Internet — 1.0% | ||
Okta, Inc.* | 8,026 | 654,199 |
Lodging — 0.9% | ||
Wyndham Hotels & Resorts, Inc. | 8,205 | 570,576 |
Machinery — Diversified — 4.8% | ||
Chart Industries, Inc.* | 2,846 | 481,316 |
IDEX Corp. | 5,018 | 1,043,844 |
Nordson Corp. | 4,675 | 1,043,320 |
Watts Water Technologies, Inc., Class A | 3,337 | 576,700 |
3,145,180 | ||
Media — 1.1% | ||
Liberty Media Corp.-Liberty Formula One, Class C* | 11,988 | 746,852 |
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Penn Series Funds, Inc.
Schedule of Investments — September 30, 2023 (Unaudited)
SMID Cap Growth Fund
Number of Shares | Value† | |
COMMON STOCKS — (continued) | ||
Metal Fabricate/Hardware — 0.8% | ||
The Timken Co. | 7,197 | $528,908 |
Oil & Gas — 1.9% | ||
Chesapeake Energy Corp. | 2,177 | 187,723 |
Denbury, Inc.* | 5,373 | 526,608 |
Noble Corp. PLC | 10,538 | 533,749 |
1,248,080 | ||
Packaging and Containers — 1.0% | ||
Ball Corp. | 13,026 | 648,434 |
Pharmaceuticals — 1.3% | ||
Neurocrine Biosciences, Inc.* | 7,330 | 824,625 |
Retail — 9.8% | ||
BJ's Wholesale Club Holdings, Inc.* | 16,128 | 1,151,055 |
Casey's General Stores, Inc. | 2,866 | 778,176 |
Domino's Pizza, Inc. | 1,929 | 730,686 |
Five Below, Inc.* | 5,587 | 898,948 |
Floor & Decor Holdings, Inc., Class A* | 10,449 | 945,635 |
Texas Roadhouse, Inc. | 8,688 | 834,917 |
Wingstop, Inc. | 5,981 | 1,075,623 |
6,415,040 | ||
Semiconductors — 5.7% | ||
Allegro MicroSystems, Inc.* | 24,708 | 789,173 |
Lattice Semiconductor Corp.* | 12,420 | 1,067,251 |
MACOM Technology Solutions Holdings, Inc.* | 14,612 | 1,192,047 |
MKS Instruments, Inc. | 7,331 | 634,425 |
3,682,896 | ||
Software — 12.2% | ||
Cloudflare, Inc., Class A* | 8,721 | 549,772 |
Confluent, Inc., Class A* | 15,679 | 464,255 |
DoubleVerify Holdings, Inc.* | 17,457 | 487,923 |
Dynatrace, Inc.* | 22,997 | 1,074,650 |
Elastic N.V.* | 9,925 | 806,307 |
Evolent Health, Inc., Class A* | 16,450 | 447,934 |
Klaviyo, Inc., Class A* | 4,361 | 150,455 |
Manhattan Associates, Inc.* | 3,703 | 731,935 |
Monday.com Ltd.* | 3,175 | 505,523 |
Procore Technologies, Inc.* | 13,607 | 888,809 |
Samsara, Inc., Class A* | 22,881 | 576,830 |
Smartsheet, Inc., Class A* | 18,051 | 730,343 |
UiPath, Inc., Class A* | 30,969 | 529,880 |
7,944,616 | ||
TOTAL COMMON STOCKS (Cost $62,338,181) | 64,468,693 |
Number ofShares | Value† | |
SHORT-TERM INVESTMENTS — 1.5% | ||
BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 5.236%) (Cost $977,602) | 977,602 | $977,602 |
TOTAL INVESTMENTS — 100.3% (Cost $63,315,783) | $65,446,295 | |
Other Assets & Liabilities — (0.3)% | (202,390) | |
TOTAL NET ASSETS — 100.0% | $65,243,905 |
† | See Security Valuation Note in the most recent semi-annual or annual report. |
* | Non-income producing security. |
AG— Aktiengesellschaft. |
N.V.— Naamloze Vennootschap. |
PLC— Public Limited Company. |
SpA— Società per Azioni. |
Country Weightings as of 9/30/2023†† | |
United States | 94% |
Ireland | 2 |
Israel | 2 |
Italy | 1 |
Switzerland | 1 |
Total | 100% |
†† | % of total investments as of September 30, 2023. |
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