# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0001752724-23-035368
**Filing Date:** 2023-2
**Character Count:** 33449
**Document Hash:** 2daa152fd8bff76b2f27a9e70e4ae59e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-035368.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-035368

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221230

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340
- **IRS NUMBER:** 232209178
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03459
- **FILM NUMBER:** 23657264

**BUSINESS ADDRESS:**
- **STREET 1:** 600 DRESHER RD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044
- **BUSINESS PHONE:** (215) 956-8835

**MAIL ADDRESS:**
- **STREET 1:** 600 DRESHER ROAD
- **STREET 2:** C3D
- **CITY:** HORSHAM
- **STATE:** PA
- **ZIP:** 19044

## Series and Classes Contracts Data

### Smid Cap Value Fund (Series ID: S000022080)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000063371 | Smid Cap Value Fund |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Penn Series Funds Inc

- **b. Investment Company Act file number:** 811-03459

- **c. CIK number of Registrant:** 0000702340

- **d. LEI of Registrant:** 549300GLJSCMRCVZWX45

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 600 Dresher Road

  - **City:** Horsham

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19044

  - **Telephone number:** 215-956-8000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Penn Series SMID Cap Value Fund

- **b. EDGAR series identifier (if any):** S000022080

- **c. LEI of Series:** D3ZVMHV52Z0PYV1PDK09

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $54806343.13

**Total Liabilities:** $151875.53

**Net Assets:** $54654467.60

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063371 | 10.23%               | 4.02%                | -4.74%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-11155.46               | $5158844.73                                |
| Month 2  | $268362.54               | $1844082.07                                |
| Month 3  | $212967.04               | $-2973529.80                               |

### Schedule of Portfolio Investments

| Name                                        | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cousins Properties Inc                      | Cousins Properties Inc                      | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     15085 | NS      | $381499.65    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                              | BankUnited Inc                              | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     14635 | NS      | $497150.95    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Physicians Realty Trust                     | Physicians Realty Trust                     | CUSIP: 71943U104<br>LEI: 549300ITOVH0OY7PZC34 | Long             | EC               | CORP              | US        |     45335 | NS      | $655997.45    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares Inc                | Texas Capital Bancshares Inc                | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |     11749 | NS      | $708582.19    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Stifel Financial Corp                       | Stifel Financial Corp                       | CUSIP: 860630102<br>LEI: 549300E5F07FE5GHJX84 | Long             | EC               | CORP              | US        |     12820 | NS      | $748303.40    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Ho              | Knight-Swift Transportation Holdings Inc    | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15222 | NS      | $797785.02    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                     | RXO Inc                                     | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |      5003 | NS      | $86051.60     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corp                                  | Fluor Corp                                  | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     15755 | NS      | $546068.30    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co/The               | Goodyear Tire & Rubber Co/The               | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |     53780 | NS      | $545867.00    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CommVault Systems Inc                       | CommVault Systems Inc                       | CUSIP: 204166102<br>LEI: 65T5VRP62VXG39YFML83 | Long             | EC               | CORP              | US        |     10863 | NS      | $682630.92    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet Inc                                   | Avnet Inc                                   | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     14080 | NS      | $585446.40    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp                       | Envista Holdings Corp                       | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |     24640 | NS      | $829628.80    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Masonite International Corp                 | Masonite International Corp                 | CUSIP: 575385109<br>LEI: 549300H0H07ZFT4JYM32 | Long             | EC               | CORP              | US        |      7424 | NS      | $598448.64    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Global Group Inc                      | Berry Global Group Inc                      | CUSIP: 08579W103<br>LEI: 549300G6KKUMMXM8NH73 | Long             | EC               | CORP              | US        |     17000 | NS      | $1027310.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics Inc                               | Synaptics Inc                               | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |      6080 | NS      | $578572.80    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                          | First Hawaiian Inc                          | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |     31114 | NS      | $810208.56    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Zions Bancorp NA                            | Zions Bancorp NA                            | CUSIP: 989701107<br>LEI: 8WH0EE09O9V05QJZ3V89 | Long             | EC               | CORP              | US        |     17561 | NS      | $863298.76    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Steel & Aluminum Co                | Reliance Steel & Aluminum Co                | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      2181 | NS      | $441521.64    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Syneos Health Inc                           | Syneos Health Inc                           | CUSIP: 87166B102<br>LEI: 549300F1ZGKDS8P6GU13 | Long             | EC               | CORP              | US        |     10940 | NS      | $401279.20    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Cboe Global Markets Inc                     | Cboe Global Markets Inc                     | CUSIP: 12503M108<br>LEI: 529900RLNSGA90UPEH54 | Long             | EC               | CORP              | US        |      4430 | NS      | $555832.10    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp                      | Webster Financial Corp                      | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     10742 | NS      | $508526.28    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc                    | Broadstone Net Lease Inc                    | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     29490 | NS      | $478032.90    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Dine Brands Global Inc                      | Dine Brands Global Inc                      | CUSIP: 254423106<br>LEI: 529900HKM8OWSHLKJY75 | Long             | EC               | CORP              | US        |      8417 | NS      | $543738.20    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding P              | Sensata Technologies Holding PLC            | CUSIP: 000000000<br>LEI: 529900MS7KFYCY9MS037 | Long             | EC               | CORP              | US        |     13260 | NS      | $535438.80    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| HF Sinclair Corp                            | HF Sinclair Corp                            | CUSIP: 403949100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11121 | NS      | $577068.69    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries Inc                        | Dycom Industries Inc                        | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      7169 | NS      | $671018.40    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                   | CubeSmart                                   | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17854 | NS      | $718623.50    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc                         | Williams-Sonoma Inc                         | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      4484 | NS      | $515301.28    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Synovus Financial Corp                      | Synovus Financial Corp                      | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |     18945 | NS      | $711384.75    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                     | ATI Inc                                     | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     24110 | NS      | $719924.60    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Alaska Air Group Inc                        | Alaska Air Group Inc                        | CUSIP: 011659109<br>LEI: 529900G48RT4KWLC6C27 | Long             | EC               | CORP              | US        |     14510 | NS      | $623059.40    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Comerica Inc                                | Comerica Inc                                | CUSIP: 200340107<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | EC               | CORP              | US        |     13108 | NS      | $876269.80    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp/Puerto Rico                   | First BanCorp/Puerto Rico                   | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     54440 | NS      | $692476.80    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                                 | Moelis & Co                                 | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     14204 | NS      | $545007.48    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wintrust Financial Corp                     | Wintrust Financial Corp                     | CUSIP: 97650W108<br>LEI: Q774KI4AW80FHFW33O61 | Long             | EC               | CORP              | US        |      9490 | NS      | $802094.80    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP Inc                                 | IDACORP Inc                                 | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |      8499 | NS      | $916617.15    | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Pediatrix Medical Group Inc                 | Pediatrix Medical Group Inc                 | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33870 | NS      | $503308.20    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                          | Vertiv Holdings Co                          | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |     60650 | NS      | $828479.00    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide Inc                           | ACI Worldwide Inc                           | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     27830 | NS      | $640090.00    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                       | AECOM                                       | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |      8720 | NS      | $740589.60    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp                                 | Kemper Corp                                 | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |     10800 | NS      | $531360.00    | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                | Innospec Inc                                | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      3400 | NS      | $349724.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Criteo SA                                   | Criteo SA                                   | CUSIP: 226718104<br>LEI: 969500EELFB4RDMFHA76 | Long             | EC               | CORP              | FR        |     22648 | NS      | $590206.88    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings Inc                       | Lumentum Holdings Inc                       | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |      7980 | NS      | $416316.60    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings Inc                  | Southwest Gas Holdings Inc                  | CUSIP: 844895102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6694 | NS      | $414224.72    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                       | Camden Property Trust                       | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |      5970 | NS      | $667923.60    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| ADT Inc                                     | ADT Inc                                     | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73060 | NS      | $662654.20    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Co Inc                    | Acadia Healthcare Co Inc                    | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      9429 | NS      | $776195.28    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations Inc                  | Hilton Grand Vacations Inc                  | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     16754 | NS      | $645699.16    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                  | Arcosa Inc                                  | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |     12720 | NS      | $691204.80    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                          | Regal Rexnord Corp                          | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      6504 | NS      | $780349.92    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group Inc               | Selective Insurance Group Inc               | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |      6920 | NS      | $613181.20    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital Inc                             | Gen Digital Inc                             | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |     26470 | NS      | $567252.10    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Integra LifeSciences Holdings               | Integra LifeSciences Holdings Corp          | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |     15510 | NS      | $869645.70    | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half International Inc               | Robert Half International Inc               | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |      6959 | NS      | $513782.97    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Herc Holdings Inc                           | Herc Holdings Inc                           | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      5930 | NS      | $780210.10    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                       | Bath & Body Works Inc                       | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     12770 | NS      | $538127.80    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                              | PulteGroup Inc                              | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17870 | NS      | $813621.10    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hain Celestial Group Inc/The                | Hain Celestial Group Inc/The                | CUSIP: 405217100<br>LEI: 5493000S8QXWHLIXDP75 | Long             | EC               | CORP              | US        |     29608 | NS      | $479057.44    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ON Semiconductor Corp                       | ON Semiconductor Corp                       | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |      4321 | NS      | $269500.77    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ralph Lauren Corp                           | Ralph Lauren Corp                           | CUSIP: 751212101<br>LEI: HO1QNWM0IXBZ0QSMMO20 | Long             | EC               | CORP              | US        |      7210 | NS      | $761880.70    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Papa John's International Inc               | Papa John's International Inc               | CUSIP: 698813102<br>LEI: HZYLD3DK5XOX0WBVNB56 | Long             | EC               | CORP              | US        |      7104 | NS      | $584730.24    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Re Group Ltd                        | Everest Re Group Ltd                        | CUSIP: 000000000<br>LEI: 549300N24XF2VV0B3570 | Long             | EC               | CORP              | BM        |      1844 | NS      | $610861.88    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                                | Tapestry Inc                                | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     21760 | NS      | $828620.80    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                 | Cameco Corp                                 | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     24810 | NS      | $562442.70    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Genpact Ltd                                 | Genpact Ltd                                 | CUSIP: 000000000<br>LEI: 529900OSEC6Q0L4L5B35 | Long             | EC               | CORP              | US        |     12152 | NS      | $562880.64    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc              | Kulicke & Soffa Industries Inc              | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | SG        |     10421 | NS      | $461233.46    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                         | STAG Industrial Inc                         | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     16775 | NS      | $542000.25    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                               | Timken Co/The                               | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      8870 | NS      | $626842.90    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Bulk Carriers Corp                     | Star Bulk Carriers Corp                     | CUSIP: 000000000<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | GR        |     26700 | NS      | $513441.00    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/              | First Citizens BancShares Inc/NC            | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      1226 | NS      | $929749.36    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc                   | Sally Beauty Holdings Inc                   | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     40120 | NS      | $502302.40    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp                                | Oshkosh Corp                                | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |      5580 | NS      | $492100.20    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Spirit AeroSystems Holdings In              | Spirit AeroSystems Holdings Inc             | CUSIP: 848574109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25380 | NS      | $751248.00    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                   | Taylor Morrison Home Corp                   | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     14475 | NS      | $439316.25    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| American Financial Group Inc/O              | American Financial Group Inc/OH             | CUSIP: 025932104<br>LEI: 549300AFOM7IVKIU1G39 | Long             | EC               | CORP              | US        |      4338 | NS      | $595520.64    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| XPO Inc                                     | XPO Inc                                     | CUSIP: 983793100<br>LEI: 54930096DB9LCLPN7H13 | Long             | EC               | CORP              | US        |     21480 | NS      | $715069.20    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                               | Huntsman Corp                               | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     26640 | NS      | $732067.20    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Home                                     | KB Home                                     | CUSIP: 48666K109<br>LEI: 549300LGUCWQURMWLG09 | Long             | EC               | CORP              | US        |     15970 | NS      | $508644.50    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd                             | Nomad Foods Ltd                             | CUSIP: 000000000<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | GB        |     47134 | NS      | $812590.16    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                     | Magnolia Oil & Gas Corp                     | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29196 | NS      | $684646.20    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group Inc/Th              | Hanover Insurance Group Inc/The             | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      5034 | NS      | $680244.42    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                                | Carter's Inc                                | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      5860 | NS      | $437214.60    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Helmerich & Payne Inc                       | Helmerich & Payne Inc                       | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |     12599 | NS      | $624532.43    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                  | Belden Inc                                  | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      6697 | NS      | $481514.30    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Inc                                    | Dana Inc                                    | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |     26512 | NS      | $401126.56    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America I              | Reinsurance Group of America Inc            | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      4467 | NS      | $634716.03    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                  | Korn Ferry                                  | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |      7040 | NS      | $356364.80    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK LIQUIDITY FUNDS FEDFUND PORTFOLIO | BLACKROCK LIQUIDITY FUNDS FEDFUND PORTFOLIO | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |    442046 | NS      | $442045.88    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-22

**Name of Applicant:** Penn Series Funds Inc

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer