Penn Series Large Core Growth Fund
Data updated: 2026-08-24
C000063376 — Penn Series Large Core Growth Fund. United States Large Cap Growth Equity · $126.59M AUM. Holdings, fees, performance and SEC filings.
C000063376 Fund Overview
Penn Series Large Core Growth Fund is a US mutual fund managed by Penn Series Funds Inc, categorised as United States Large Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Penn Series Funds Inc
- Category: United States Large Cap Growth Equity
- Assets under management: $126.59M
- 1-year return: 3.0%
- SEC CIK: 0000702340
- SEC series ID: S000022085
- Share class ID: C000063376
C000063376 Investment Objective and Strategy
Penn Series Large Core Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Penn Series Funds Inc.
Investment objective
The investment objective of the Large Core Growth Fund (the Fund) is to seek to provide growth of capital.
Principal investment strategy
The Fund attempts to achieve its investment objective by investing primarily in equity securities of large capitalization growth-oriented U.S. companies. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, in securities of large-capitalization companies. For purposes of this policy, large capitalization companies have market capitalizations of at least $10 billion at the time of acquisition. Growth-oriented companies are those whose earnings the Sub-Adviser believes are likely to grow faster than the economy. The Sub-Adviser emphasizes a bottom-up stock selection process, seeking attractive investments on an individual company basis. In selecting securities for investment, the Sub-Adviser typically invests in companies it believes possess a structural competitive advantage or durable market leadership position.
A competitively advantaged business model can be defined by such factors as: brand loyalty, proprietary technology, cost structure, scale, exclusive access to data, or distribution advantages. Other factors considered include strength of management; level of competitive intensity; return of capital; strong balance sheets and cash flows; the potential for substitute products; and the interaction and bargaining power between a company, its customers, suppliers, and competitors. The Sub-Advisers process for selecting stocks utilizes fundamental analysis and quantitative analysis during the research process. From a quantitative standpoint, the Sub-Adviser focuses on the level of profitability, capital intensity, cash flow and capital allocation measures, as well as earnings growth rates and valuations.
The Sub-Advisers fundamental research seeks to identify those companies that it believes possess a sustainable competitive advantage, an important characteristic which typically enables a company to generate above-average levels of profitability and the ability to sustain growth over the long term. The Fund typically holds a limited number of stocks (generally 35 to 50). While the Funds sector and industry exposure is expected to vary over time, as of February 28, 2026, the Fund had significant exposure to the Communication Services Sector, Financials Sector, Health Care Sector, and Information Technology Sector, as each sector is defined by the Global Industry Classification Standard. Many of the companies in which the Fund may invest have diverse operations, with products or services in foreign markets.
Therefore, the Fund may have indirect exposure to various foreign markets through investments in these companies, even if the Fund is not invested directly in such markets. In general, the Sub-Adviser may sell a security when, in the Sub-Advisers opinion, a company experiences deterioration in its growth and/or profitability characteristics, or a fundamental breakdown of its sustainable competitive advantages. The Sub-Adviser also may sell a security if it believes that the security no longer presents sufficient appreciation potential; this may be caused by, or be an effect of, changes in the industry or sector of the issuer, loss by the company of its competitive position, poor execution by management, the threat of technological disruption and/or poor use of resources. The Sub-Adviser also may sell a security to reduce the Funds holding in that security, to take advantage of what it believes are more attractive investment opportunities or to raise cash.
C000063376 Holdings
Top 10 holdings of Penn Series Large Core Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 15.45% |
| Apple, Inc. | 8.56% |
| Microsoft Corp. | 7.77% |
| Alphabet, Inc. | 6.67% |
| Advanced Micro Devices, Inc. | 5.13% |
| Amazon.com, Inc. | 5.09% |
| Visa, Inc. | 4.98% |
| Eli Lilly & Company | 4.82% |
| Taiwan Semiconductor Manufacturing Company Ltd. | 4.00% |
| Broadcom, Inc. | 3.23% |
C000063376 Portfolio Allocation
Asset-class allocation of Penn Series Large Core Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
| Cash & Equivalents | 0.1% |
C000063376 Performance
Total returns for C000063376 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -1.9% |
| 1 year | 3.0% |
| 3 years (annualised) | 12.5% |
| 5 years (annualised) | -6.1% |
C000063376 Risk Information
Risk metrics for C000063376, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 16.0%
C000063376 Costs and Fees
C000063376 costs about $85 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.85%
- Gross expense ratio: 0.85%
- Portfolio turnover: 25%
- Brokerage commissions: 0.56 bps of average net assets (SEC N-CEN)
C000063376 Cashflows
Over the 12 months to 2026-06, Penn Series Large Core Growth Fund had net outflows of $14.04M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$1.94M |
| 2026-05 | −$1.26M |
| 2026-04 | $434.60K |
| 2026-03 | −$1.50M |
| 2026-02 | −$1.11M |
| 2026-01 | −$1.29M |
C000063376 Debt Constituents
No individual debt constituents are reported in Penn Series Large Core Growth Fund's latest SEC N-PORT filing.
C000063376 Prospectus and SEC Filings
Official Penn Series Large Core Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-24
- Portfolio holdings (N-PORT) — filed 2026-05-21
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-10
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Large Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.