# EDGAR Filing Document

**Accession Number:** 0000702340
**File Stem:** 0000940400-25-009788
**Filing Date:** 2025-11
**Character Count:** 49408
**Document Hash:** 481f3ec37973ebe60bfd212c3b709b15
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009788.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009788

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PENN SERIES FUNDS INC
- **CENTRAL INDEX KEY:** 0000702340

**ORGANIZATION NAME:**
- **EIN:** 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:** 251513146

**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 Growth Fund (Series ID: S000022079)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000063370 | Smid Cap Growth Fund |  |

## Nport-Ex

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — September 30, 2025 (Unaudited)<br>

#### SMID Cap Growth Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **COMMON STOCKS — 98.4%** | **COMMON STOCKS — 98.4%** | **COMMON STOCKS — 98.4%** |
| **Aerospace & Defense — 4.3%** | **Aerospace & Defense — 4.3%** | **Aerospace & Defense — 4.3%** |
| Karman Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;6721 | &nbsp;&nbsp;&nbsp;$485256 |
| Loar Holdings, Inc.\* | 19046 | &nbsp;&nbsp;&nbsp;&nbsp;1523680 |
| Moog, Inc., Class A | &nbsp;&nbsp;&nbsp;4233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;879067 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2888003 |
| **Apparel — 4.6%** | **Apparel — 4.6%** | **Apparel — 4.6%** |
| Birkenstock Holding PLC\* | 22462 | &nbsp;&nbsp;&nbsp;&nbsp;1016405 |
| Deckers Outdoor Corp.\* | &nbsp;&nbsp;&nbsp;4964 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;503201 |
| On Holding AG, Class A\* | &nbsp;&nbsp;&nbsp;12911 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546781 |
| Tapestry, Inc. | &nbsp;&nbsp;&nbsp;4797 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;543116 |
| Wolverine World Wide, Inc. | &nbsp;&nbsp;&nbsp;18113 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;497021 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3106524 |
| **Biotechnology — 6.7%** | **Biotechnology — 6.7%** | **Biotechnology — 6.7%** |
| Bridgebio Pharma, Inc.\* | 10388 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;539553 |
| CG oncology, Inc.\* | &nbsp;&nbsp;&nbsp;5464 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220090 |
| Insmed, Inc.\* | &nbsp;&nbsp;&nbsp;9059 | &nbsp;&nbsp;&nbsp;&nbsp;1304587 |
| Ionis Pharmaceuticals, Inc.\* | &nbsp;&nbsp;13798 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;902665 |
| Ligand Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;1404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248704 |
| Revolution Medicines, Inc.\* | 10950 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511365 |
| Roivant Sciences Ltd.\* | 50599 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;765563 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4492527 |
| **Building Materials — 1.7%** | **Building Materials — 1.7%** | **Building Materials — 1.7%** |
| SPX Technologies, Inc.\* | &nbsp;&nbsp;&nbsp;5979 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1116758 |
| **Commercial Services — 0.7%** | **Commercial Services — 0.7%** | **Commercial Services — 0.7%** |
| Toast, Inc., Class A\* | &nbsp;&nbsp;13270 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;484488 |
| **Computers — 4.5%** | **Computers — 4.5%** | **Computers — 4.5%** |
| Netskope, Inc., Class A\* | &nbsp;&nbsp;10720 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;243666 |
| Parsons Corp.\* | &nbsp;&nbsp;10761 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;892302 |
| Rubrik, Inc., Class A\* | &nbsp;&nbsp;&nbsp;&nbsp;8313 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;683744 |
| SailPoint, Inc.\* | &nbsp;&nbsp;19483 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430185 |
| Varonis Systems, Inc.\* | 13699 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787281 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3037178 |
| **Distribution & Wholesale — 0.9%** | **Distribution & Wholesale — 0.9%** | **Distribution & Wholesale — 0.9%** |
| Watsco, Inc. | &nbsp;&nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;592300 |
| **Diversified Financial Services — 5.1%** | **Diversified Financial Services — 5.1%** | **Diversified Financial Services — 5.1%** |
| Houlihan Lokey, Inc. | &nbsp;&nbsp;&nbsp;5648 | &nbsp;&nbsp;&nbsp;&nbsp;1159647 |
| Jefferies Financial Group, Inc. | &nbsp;&nbsp;22281 | &nbsp;&nbsp;&nbsp;&nbsp;1457623 |
| Piper Sandler Cos. | &nbsp;&nbsp;&nbsp;2409 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835899 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3453169 |
| **Electronics — 4.7%** | **Electronics — 4.7%** | **Electronics — 4.7%** |
| Advanced Energy Industries, Inc. | &nbsp;&nbsp;&nbsp;2248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;382475 |
| Badger Meter, Inc. | &nbsp;&nbsp;&nbsp;4330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;773251 |
| Coherent Corp.\* | &nbsp;&nbsp;&nbsp;4972 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535584 |
| Hubbell, Inc. | &nbsp;&nbsp;&nbsp;2292 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;986270 |
| Mirion Technologies, Inc.\* | &nbsp;&nbsp;21546 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;501160 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;3178740 |
| **Energy-Alternate Sources — 0.6%** | **Energy-Alternate Sources — 0.6%** | **Energy-Alternate Sources — 0.6%** |
| NEXTracker, Inc., Class A\* | &nbsp;&nbsp;&nbsp;5705 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;422113 |
| **Engineering & Construction — 1.9%** | **Engineering & Construction — 1.9%** | **Engineering & Construction — 1.9%** |
| EMCOR Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;1326 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861290 |

---

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **Engineering & Construction — (continued)** | **Engineering & Construction — (continued)** | **Engineering & Construction — (continued)** |
| MYR Group, Inc.\* | &nbsp;&nbsp;2042 | &nbsp;&nbsp;&nbsp;$424797 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1286087 |
| **Entertainment — 0.5%** | **Entertainment — 0.5%** | **Entertainment — 0.5%** |
| Sportradar Group AG, Class A\* | 11404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;306768 |
| **Environmental Control — 1.5%** | **Environmental Control — 1.5%** | **Environmental Control — 1.5%** |
| Casella Waste Systems, Inc., Class A\* | 10723 | &nbsp;&nbsp;&nbsp;&nbsp;1017398 |
| **Hand & Machine Tools — 0.9%** | **Hand & Machine Tools — 0.9%** | **Hand & Machine Tools — 0.9%** |
| Lincoln Electric Holdings, Inc. | &nbsp;&nbsp;&nbsp;2601 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;613394 |
| **Healthcare Products — 7.4%** | **Healthcare Products — 7.4%** | **Healthcare Products — 7.4%** |
| Bio-Techne Corp. | &nbsp;&nbsp;11081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;616436 |
| Globus Medical, Inc., Class A\* | &nbsp;&nbsp;13755 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;787749 |
| Guardant Health, Inc.\* | &nbsp;&nbsp;8687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;542764 |
| Merit Medical Systems, Inc.\* | 13493 | &nbsp;&nbsp;&nbsp;&nbsp;1123022 |
| Natera, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;7321 | &nbsp;&nbsp;&nbsp;&nbsp;1178461 |
| Penumbra, Inc.\* | &nbsp;&nbsp;&nbsp;2787 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;706003 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4954435 |
| **Healthcare Services — 3.4%** | **Healthcare Services — 3.4%** | **Healthcare Services — 3.4%** |
| Encompass Health Corp. | &nbsp;&nbsp;&nbsp;4107 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;521671 |
| RadNet, Inc.\* | 12600 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960246 |
| The Ensign Group, Inc. | &nbsp;&nbsp;4506 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;778502 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2260419 |
| **Home Builders — 0.7%** | **Home Builders — 0.7%** | **Home Builders — 0.7%** |
| Toll Brothers, Inc. | &nbsp;&nbsp;&nbsp;3394 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;468847 |
| **Home Furnishings — 0.7%** | **Home Furnishings — 0.7%** | **Home Furnishings — 0.7%** |
| SharkNinja, Inc.\* | &nbsp;&nbsp;4690 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;483774 |
| **Insurance — 2.1%** | **Insurance — 2.1%** | **Insurance — 2.1%** |
| Equitable Holdings, Inc. | 17650 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;896267 |
| Kinsale Capital Group, Inc. | &nbsp;&nbsp;&nbsp;1252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;532426 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;1428693 |
| **Internet — 0.6%** | **Internet — 0.6%** | **Internet — 0.6%** |
| Magnite, Inc.\* | 18042 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;392955 |
| **Leisure Time — 3.6%** | **Leisure Time — 3.6%** | **Leisure Time — 3.6%** |
| Amer Sports, Inc.\* | &nbsp;&nbsp;13101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455260 |
| Life Time Group Holdings, Inc.\* | 19799 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;546452 |
| Planet Fitness, Inc., Class A\* | &nbsp;&nbsp;8758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;909080 |
| Viking Holdings Ltd.\* | &nbsp;&nbsp;&nbsp;8330 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;517793 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;2428585 |
| **Lodging — 0.9%** | **Lodging — 0.9%** | **Lodging — 0.9%** |
| Hyatt Hotels Corp., Class A | &nbsp;&nbsp;&nbsp;4241 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;601925 |
| **Machinery — Diversified — 6.6%** | **Machinery — Diversified — 6.6%** | **Machinery — Diversified — 6.6%** |
| Applied Industrial Technologies, Inc. | &nbsp;&nbsp;&nbsp;1978 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;516357 |
| Crane Co. | &nbsp;&nbsp;4676 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;861039 |
| CSW Industrials, Inc. | &nbsp;&nbsp;&nbsp;1748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424327 |
| Esab Corp. | &nbsp;&nbsp;9268 | &nbsp;&nbsp;&nbsp;&nbsp;1035606 |
| IDEX Corp. | &nbsp;&nbsp;&nbsp;3975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;646971 |
| Nordson Corp. | &nbsp;&nbsp;&nbsp;4222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;958183 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;4442483 |

---

------

#### Penn Series Funds, Inc.<br>

#### Schedule of Investments — September 30, 2025 (Unaudited)<br>

#### SMID Cap Growth Fund<br>

---

| | | |
|:---|:---|:---|
|  | **Number of<br> Shares** | &nbsp;&nbsp;**Value†** |
| **COMMON STOCKS — (continued)** | **COMMON STOCKS — (continued)** | **COMMON STOCKS — (continued)** |
| **Metal Fabricate/Hardware — 2.0%** | **Metal Fabricate/Hardware — 2.0%** | **Metal Fabricate/Hardware — 2.0%** |
| RBC Bearings, Inc.\* | &nbsp;&nbsp;&nbsp;3384 | &nbsp;&nbsp;&nbsp;&nbsp;$1320741 |
| **Miscellaneous Manufacturing — 3.1%** | **Miscellaneous Manufacturing — 3.1%** | **Miscellaneous Manufacturing — 3.1%** |
| Enpro, Inc. | &nbsp;&nbsp;&nbsp;1653 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;373578 |
| Fabrinet\* | &nbsp;&nbsp;&nbsp;2611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;952023 |
| Federal Signal Corp. | &nbsp;&nbsp;&nbsp;6170 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;734168 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2059769 |
| **Pharmaceuticals — 3.0%** | **Pharmaceuticals — 3.0%** | **Pharmaceuticals — 3.0%** |
| Ascendis Pharma A/S, ADR\* | &nbsp;&nbsp;&nbsp;2222 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;441756 |
| Madrigal Pharmaceuticals, Inc.\* | &nbsp;&nbsp;&nbsp;1269 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;582040 |
| Neurocrine Biosciences, Inc.\* | &nbsp;&nbsp;&nbsp;5167 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725343 |
| Rhythm Pharmaceuticals, Inc.\* | &nbsp;&nbsp;2974 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300344 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2049483 |
| **Retail — 6.4%** | **Retail — 6.4%** | **Retail — 6.4%** |
| BJ's Wholesale Club Holdings, Inc.\* | &nbsp;&nbsp;4960 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;462520 |
| Brinker International, Inc.\* | &nbsp;&nbsp;4966 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629093 |
| Casey's General Stores, Inc. | &nbsp;&nbsp;&nbsp;&nbsp;756 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;427382 |
| Dick's Sporting Goods, Inc. | &nbsp;&nbsp;2746 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;610216 |
| Dutch Bros, Inc., Class A\* | 12934 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;676966 |
| Ollie's Bargain Outlet Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;4431 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;568940 |
| Texas Roadhouse, Inc. | &nbsp;&nbsp;5840 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970316 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4345433 |
| **Semiconductors — 7.1%** | **Semiconductors — 7.1%** | **Semiconductors — 7.1%** |
| Astera Labs, Inc.\* | &nbsp;&nbsp;6038 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1182241 |
| Lattice Semiconductor Corp.\* | 18062 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1324306 |
| MACOM Technology Solutions Holdings, Inc.\* | &nbsp;&nbsp;&nbsp;7362 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;916495 |
| Rambus, Inc.\* | &nbsp;&nbsp;&nbsp;6611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;688866 |
| Teradyne, Inc. | &nbsp;&nbsp;4944 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680492 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4792400 |
| **Software — 9.5%** | **Software — 9.5%** | **Software — 9.5%** |
| Dynatrace, Inc.\* | 16742 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;811150 |
| Guidewire Software, Inc.\* | &nbsp;&nbsp;&nbsp;5421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1246071 |
| IonQ, Inc.\* | &nbsp;&nbsp;4957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;304855 |
| Klaviyo, Inc., Class A\* | 21443 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;593757 |
| Manhattan Associates, Inc.\* | &nbsp;&nbsp;&nbsp;5371 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1100947 |
| Monday.com Ltd.\* | &nbsp;&nbsp;&nbsp;3220 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;623682 |
| Nutanix, Inc., Class A\* | &nbsp;&nbsp;9058 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;673825 |
| ServiceTitan, Inc., Class A\* | &nbsp;&nbsp;&nbsp;4144 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417839 |
| Waystar Holding Corp.\* | &nbsp;&nbsp;16417 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;622533 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6394659 |
| **Telecommunications — 1.8%** | **Telecommunications — 1.8%** | **Telecommunications — 1.8%** |
| Credo Technology Group Holding Ltd.\* | &nbsp;&nbsp;&nbsp;8137 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1184829 |
| **Transportation — 0.9%** | **Transportation — 0.9%** | **Transportation — 0.9%** |
| Saia, Inc.\* | &nbsp;&nbsp;&nbsp;&nbsp;2118 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;634044 |
| **TOTAL COMMON STOCKS<br> (Cost $59,033,699)** | **TOTAL COMMON STOCKS<br> (Cost $59,033,699)** | &nbsp;&nbsp;&nbsp;**66238921** |

---

---

| | |
|:---|:---|
| **Number ofShares** | &nbsp;&nbsp;**Value†** |
| **SHORT-TERM INVESTMENTS — 1.6%** | **SHORT-TERM INVESTMENTS — 1.6%** |

---

---

| | | |
|:---|:---|:---|
| BlackRock Liquidity FedFund - Institutional Shares (seven-day effective yield 4.027%)<br> **(Cost $1,114,250)** | 1114250 | &nbsp;&nbsp;&nbsp;&nbsp;$**1114250** |
| **TOTAL INVESTMENTS — 100.0%<br> (Cost $60,147,949)** |  | &nbsp;&nbsp;&nbsp;**$67353171** |
| **Other Assets & Liabilities — (0.0)%** | **Other Assets & Liabilities — (0.0)%** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(19904)** |
| **TOTAL NET ASSETS — 100.0%** |  | &nbsp;&nbsp;**$67333267** |

---

------

† See Security Valuation Note in the most recent semi-annual or annual report. <br> \* Non-income producing security.

---

| |
|:---|
| A/S— Aktieselskab. |
| ADR— American Depositary Receipt. |
| AG— Aktiengesellschaft. |
| PLC— Public Limited Company. |

---

---

| | |
|:---|:---|
| **Country Weightings as of 9/30/2025††** | **Country Weightings as of 9/30/2025††** |
| United States | &nbsp;&nbsp;&nbsp;93% |
| United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Thailand | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Switzerland | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Israel | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Bermuda | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Finland | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Denmark | &nbsp;&nbsp;&nbsp;&nbsp;1 |
| Total | 100% |

---

---

| | |
|:---|:---|
| †† | % of total investments as of September 30, 2025. |

---

## 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:** Eight Tower Bridge

  - **City:** Conshohocken

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19428

  - **Telephone number:** 215-956-8114

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

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

- **b. EDGAR series identifier (if any):** S000022079

- **c. LEI of Series:** DCJO3UY2UM4SN7HA8Q94

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $67396354.47

**Total Liabilities:** $110174.98

**Net Assets:** $67286179.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000063370 | 0.85%                | 2.31%                | -0.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $949141.61               | $-314116.24                                |
| Month 2  | $1905506.75              | $-329802.87                                |
| Month 3  | $881877.81               | $-1071937.61                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BJ's Wholesale Club Holdings I | BJ's Wholesale Club Holdings Inc        | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |      4960 | NS      | $462520.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc               | RBC Bearings Inc                        | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3384 | NS      | $1320741.36   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceTitan Inc               | ServiceTitan Inc                        | CUSIP: 81764X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4144 | NS      | $417839.52    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutanix Inc                    | Nutanix Inc                             | CUSIP: 67059N108<br>LEI: 549300X7J6E8TKVIXW09 | Long             | EC               | CORP              | US        |      9058 | NS      | $673824.62    | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc           | Bridgebio Pharma Inc                    | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |     10388 | NS      | $539552.72    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                | Bio-Techne Corp                         | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |     11081 | NS      | $616436.03    | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Inc                    | Hubbell Inc                             | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      2292 | NS      | $986270.52    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                    | Magnite Inc                             | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     18042 | NS      | $392954.76    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Toll Brothers Inc              | Toll Brothers Inc                       | CUSIP: 889478103<br>LEI: 529900JB6IS9MSZGVR44 | Long             | EC               | CORP              | US        |      3394 | NS      | $468847.16    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferies Financial Group Inc  | Jefferies Financial Group Inc           | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     22281 | NS      | $1457623.02   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Netskope Inc                   | Netskope Inc                            | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |     10720 | NS      | $243665.60    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals Inc      | Ionis Pharmaceuticals Inc               | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |     13798 | NS      | $902665.16    | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra Inc                   | Penumbra Inc                            | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |      2787 | NS      | $706002.84    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ensign Group Inc/The           | Ensign Group Inc/The                    | CUSIP: 29358P101<br>LEI: 5493003K4HEEA8Q0BC72 | Long             | EC               | CORP              | US        |      4506 | NS      | $778501.62    | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                  | MYR Group Inc                           | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      1549 | NS      | $322238.47    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Varonis Systems Inc            | Varonis Systems Inc                     | CUSIP: 922280102<br>LEI: 549300SHIVNRRH7STS26 | Long             | EC               | CORP              | US        |     13699 | NS      | $787281.53    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                     | RadNet Inc                              | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     12600 | NS      | $960246.00    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Signal Corp            | Federal Signal Corp                     | CUSIP: 313855108<br>LEI: 549300RTXZRPTNP6G884 | Long             | EC               | CORP              | US        |      6170 | NS      | $734168.30    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings Inc   | Life Time Group Holdings Inc            | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19799 | NS      | $546452.40    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Globus Medical Inc             | Globus Medical Inc                      | CUSIP: 379577208<br>LEI: 5299003M2P4CIK0RF205 | Long             | EC               | CORP              | US        |     13755 | NS      | $787748.85    | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEX Corp                      | IDEX Corp                               | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |      3975 | NS      | $646971.00    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Deckers Outdoor Corp           | Deckers Outdoor Corp                    | CUSIP: 243537107<br>LEI: 5493008LG4W3I6K8J118 | Long             | EC               | CORP              | US        |      4964 | NS      | $503200.68    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health Inc            | Guardant Health Inc                     | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |      8687 | NS      | $542763.76    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Planet Fitness Inc             | Planet Fitness Inc                      | CUSIP: 72703H101<br>LEI: 549300LLE5HUPF6H8G33 | Long             | EC               | CORP              | US        |      8758 | NS      | $909080.40    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Rubrik Inc                     | Rubrik Inc                              | CUSIP: 781154109<br>LEI: 254900TRGK2WTBYMYU27 | Long             | EC               | CORP              | US        |      8313 | NS      | $683744.25    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods Inc      | Dick's Sporting Goods Inc               | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |      2746 | NS      | $610216.12    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc       | Wolverine World Wide Inc                | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     18113 | NS      | $497020.72    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| MACOM Technology Solutions Hol | MACOM Technology Solutions Holdings Inc | CUSIP: 55405Y100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7362 | NS      | $916495.38    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                     | Insmed Inc                              | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |      9059 | NS      | $1304586.59   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates Inc       | Manhattan Associates Inc                | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |      5371 | NS      | $1100947.58   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Viking Holdings Ltd            | Viking Holdings Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      8330 | NS      | $517792.80    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne Inc                   | Teradyne Inc                            | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |      4944 | NS      | $680492.16    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                       | Fabrinet                                | CUSIP: 000000000<br>LEI: 5493004TETZ6IYF7CV44 | Long             | EC               | CORP              | TH        |      2611 | NS      | $952022.82    | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc            | Karman Holdings Inc                     | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6721 | NS      | $485256.20    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Guidewire Software Inc         | Guidewire Software Inc                  | CUSIP: 40171V100<br>LEI: 549300WXSG0J8IXZCK32 | Long             | EC               | CORP              | US        |      5421 | NS      | $1246071.06   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                       | Saia Inc                                | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      2118 | NS      | $634044.48    | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Neurocrine Biosciences Inc     | Neurocrine Biosciences Inc              | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |      5167 | NS      | $725343.46    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| IonQ Inc                       | IonQ Inc                                | CUSIP: 46222L108<br>LEI: 529900RB2VEFGLQS7G28 | Long             | EC               | CORP              | US        |      4957 | NS      | $304855.50    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTracker Inc                 | NEXTracker Inc                          | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5705 | NS      | $422112.95    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Brinker International Inc      | Brinker International Inc               | CUSIP: 109641100<br>LEI: 52990067JY6PBGJNTG76 | Long             | EC               | CORP              | US        |      4966 | NS      | $629092.88    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc             | Houlihan Lokey Inc                      | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |      5648 | NS      | $1159647.36   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines Inc       | Revolution Medicines Inc                | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |     10950 | NS      | $511365.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter Inc               | Badger Meter Inc                        | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |      4330 | NS      | $773251.40    | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S            | Ascendis Pharma A/S                     | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      2222 | NS      | $441755.82    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsale Capital Group Inc      | Kinsale Capital Group Inc               | CUSIP: 49714P108<br>LEI: 529900QTUQHNZ6HOA508 | Long             | EC               | CORP              | US        |      1252 | NS      | $532425.52    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity FedFund    | BlackRock Liquidity FedFund             | CUSIP: 09248U700<br>LEI: 549300T8K043VZEOVK74 | Long             | STIV             | RF                | US        |   1116470 | NS      | $1116470.29   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| On Holding AG                  | On Holding AG                           | CUSIP: 000000000<br>LEI: 506700FB3467B9W95526 | Long             | EC               | CORP              | CH        |     12911 | NS      | $546780.85    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Shift4 Payments Inc            | Shift4 Payments Inc                     | CUSIP: 82452J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6213 | NS      | $480886.20    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                   | Tapestry Inc                            | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |      4797 | NS      | $543116.34    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos              | Piper Sandler Cos                       | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      2380 | NS      | $825836.20    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holding | Ollie's Bargain Outlet Holdings Inc     | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      4431 | NS      | $568940.40    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Casella Waste Systems Inc      | Casella Waste Systems Inc               | CUSIP: 147448104<br>LEI: 8EU0XUFVJ48U37IIDH51 | Long             | EC               | CORP              | US        |     10723 | NS      | $1017398.24   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| SailPoint Inc                  | SailPoint Inc                           | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19483 | NS      | $430184.64    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                  | Coherent Corp                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |      4972 | NS      | $535583.84    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                      | Esab Corp                               | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |      9268 | NS      | $1035606.32   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corp          | Encompass Health Corp                   | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |      4107 | NS      | $521671.14    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera Inc                     | Natera Inc                              | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7321 | NS      | $1178461.37   | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynatrace Inc                  | Dynatrace Inc                           | CUSIP: 268150109<br>LEI: 6488T0Z33CE9L61EX904 | Long             | EC               | CORP              | US        |     16742 | NS      | $811149.90    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                     | Rambus Inc                              | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |      6611 | NS      | $688866.20    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                       | Moog Inc                                | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      4233 | NS      | $879067.11    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| EMCOR Group Inc                | EMCOR Group Inc                         | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |      1326 | NS      | $861290.04    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Watsco Inc                     | Watsco Inc                              | CUSIP: 942622200<br>LEI: 549300F1Y3LN5BX5WN75 | Long             | EC               | CORP              | US        |      1465 | NS      | $592299.50    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologie | Applied Industrial Technologies Inc     | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |      1978 | NS      | $516356.90    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Birkenstock Holding Plc        | Birkenstock Holding Plc                 | CUSIP: 000000000<br>LEI: 529900CQ8LQKQ7LIT631 | Long             | EC               | CORP              | GB        |     22462 | NS      | $1016405.50   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Madrigal Pharmaceuticals Inc   | Madrigal Pharmaceuticals Inc            | CUSIP: 558868105<br>LEI: 549300CHIMT2EUSNJB60 | Long             | EC               | CORP              | US        |      1269 | NS      | $582039.54    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Amer Sports Inc                | Amer Sports Inc                         | CUSIP: 000000000<br>LEI: 391200YCSWTRD1J21867 | Long             | EC               | CORP              | FI        |     13101 | NS      | $455259.75    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                   | Parsons Corp                            | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     10761 | NS      | $892302.12    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SharkNinja Inc                 | SharkNinja Inc                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4690 | NS      | $483773.50    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Klaviyo Inc                    | Klaviyo Inc                             | CUSIP: 49845K101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21443 | NS      | $593756.67    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Toast Inc                      | Toast Inc                               | CUSIP: 888787108<br>LEI: 549300TN1PZNLCD4I551 | Long             | EC               | CORP              | US        |     13270 | NS      | $484487.70    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                       | Crane Co                                | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |      4676 | NS      | $861038.64    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dutch Bros Inc                 | Dutch Bros Inc                          | CUSIP: 26701L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12934 | NS      | $676965.56    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sportradar Group AG            | Sportradar Group AG                     | CUSIP: 000000000<br>LEI: 549300H1P33YOAT7Z533 | Long             | EC               | CORP              | CH        |     11404 | NS      | $306767.60    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Roivant Sciences Ltd           | Roivant Sciences Ltd                    | CUSIP: 000000000<br>LEI: 549300DL466NY5J6U724 | Long             | EC               | CORP              | US        |     50599 | NS      | $765562.87    | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Loar Holdings Inc              | Loar Holdings Inc                       | CUSIP: 53947R105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19046 | NS      | $1523680.00   | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyatt Hotels Corp              | Hyatt Hotels Corp                       | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      4241 | NS      | $601925.13    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse Inc            | Texas Roadhouse Inc                     | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |      5840 | NS      | $970316.00    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Waystar Holding Corp           | Waystar Holding Corp                    | CUSIP: 946784105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16417 | NS      | $622532.64    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Chime Financial Inc            | Chime Financial Inc                     | CUSIP: 16935C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5067 | NS      | $102201.39    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology Inc                | CG oncology Inc                         | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5464 | NS      | $220089.92    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs Inc                | Astera Labs Inc                         | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |      6038 | NS      | $1182240.40   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc           | SPX Technologies Inc                    | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      5979 | NS      | $1116757.62   | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Monday.com Ltd                 | Monday.com Ltd                          | CUSIP: 000000000<br>LEI: 984500MDAFVD86E3B328 | Long             | EC               | CORP              | IL        |      3220 | NS      | $623681.80    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Merit Medical Systems Inc      | Merit Medical Systems Inc               | CUSIP: 589889104<br>LEI: 549300OYTY138SP2CE83 | Long             | EC               | CORP              | US        |     13493 | NS      | $1123022.39   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Credo Technology Group Holding | Credo Technology Group Holding Ltd      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8137 | NS      | $1184828.57   | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc            | CSW Industrials Inc                     | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |      1748 | NS      | $424327.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals Inc     | Ligand Pharmaceuticals Inc              | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      1113 | NS      | $197156.82    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Nordson Corp                   | Nordson Corp                            | CUSIP: 655663102<br>LEI: 14OS6Q5N55N95WM84M53 | Long             | EC               | CORP              | US        |      4222 | NS      | $958182.90    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc        | Mirion Technologies Inc                 | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     21546 | NS      | $501159.96    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhythm Pharmaceuticals Inc     | Rhythm Pharmaceuticals Inc              | CUSIP: 76243J105<br>LEI: 529900JPNWXQ8DPLA551 | Long             | EC               | CORP              | US        |      2974 | NS      | $300344.26    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitable Holdings Inc         | Equitable Holdings Inc                  | CUSIP: 29452E101<br>LEI: 549300FIBAKMNHPZ4009 | Long             | EC               | CORP              | US        |     17650 | NS      | $896267.00    | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                      | Enpro Inc                               | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |      1653 | NS      | $373578.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc  | Lincoln Electric Holdings Inc           | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |      2601 | NS      | $613393.83    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores Inc     | Casey's General Stores Inc              | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |       756 | NS      | $427381.92    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp     | Lattice Semiconductor Corp              | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |     18062 | NS      | $1324305.84   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

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

**Signature:** Steven Viola

**Name of Signer:** Steven Viola

**Title:** Treasurer