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This report provides a comprehensive overview of institutional investment activity within the Fire, Marine & Casualty Insurance industry. It covers equity portfolios disclosed by institutional investors through their SEC 13F filings for the period ending June 30, 2025, offering a detailed picture of where major institutions are allocating capital — across sectors, geographies, and individual companies.
A full list of institutional investors active in this industry, including their market cap tier, sector classification, and total investment value across all disclosed positions.
An analysis of how institutional capital is distributed across investment sectors — from Financial Services and Technology to Healthcare and Consumer Defensive.
Insight into the countries and regions where investments are concentrated, highlighting the dominant role of US-listed equities alongside international positions.
Detailed portfolio snapshots for each investor, showing their top holdings, average purchase prices, share counts, and sector exposure over time.
Quarterly trend data showing how share volumes and sector allocations have evolved from 2022 through mid-2025, revealing shifts in institutional conviction.
For individual equities — business descriptions, key price metrics, investor composition, and dividend and analyst rating data.
This presentation is for informational and educational purposes only and does not constitute investment advice, financial advice, or a recommendation to buy or sell any security.
Data is derived from publicly available filings with the U.S. Securities and Exchange Commission (SEC), specifically Form 13F institutional holdings disclosures. While reasonable efforts have been made to ensure accuracy, no guarantee is provided regarding completeness or reliability of the information presented.
Past institutional holdings do not predict future performance. All investment decisions remain the sole responsibility of the viewer. This document should not be construed as a solicitation or offer to buy or sell any financial instrument.
| Investment Sector | Shares Bought | Value (USD) | % of Total | Investors | Investments |
|---|---|---|---|---|---|
| Financial Services | 52.75% | 15 | 56 | ||
| Technology | 31.98% | 11 | 42 | ||
| Consumer Defensive | 7.22% | 8 | 14 | ||
| Communication Services | 2.98% | 11 | 25 | ||
| Consumer Cyclical | 1.81% | 11 | 17 | ||
| Industrials | 1.73% | 9 | 38 | ||
| Healthcare | 1.27% | 12 | 30 | ||
| Basic Materials | 0.21% | 6 | 15 | ||
| Real Estate | 0.05% | 2 | 2 | ||
| Total | 1,992,699,964 | $203,401M | 100.00% | 17 | 239 |
| # | Ticker | Company | Sector | Institutions | Shares Bought | vs Q1 (shares) | vs Q1 (%) |
|---|---|---|---|---|---|---|---|
| 1 | BAC | Bank of America Banks — Diversified |
Financial Services | 8 | 605,267,375 | −148,000,000 | −19.6% |
| 2 | AXP | American Express Credit Services |
Financial Services | 6 | 151,610,700 | +2,200,000 | +1.5% |
| 3 | KHC | Kraft Heinz Packaged Foods |
Consumer Defensive | 5 | 325,634,818 | +8,400,000 | +2.6% |
| 4 | AAPL | Apple Inc. Consumer Electronics |
Technology | 7 | 280,000,000 | −115,000,000 | −29.1% |
| 5 | OXY | Occidental Petroleum Oil & Gas E&P |
Energy | 4 | 248,019,000 | +12,500,000 | +5.3% |
| 6 | INTC | Intel Corporation Semiconductors |
Technology | 3 | 131,200,000 | +22,400,000 | +20.6% |
| 7 | MCO | Moody's Corporation Financial Data |
Financial Services | 4 | 24,669,778 | +1,100,000 | +4.7% |
| 8 | UNH | UnitedHealth Group Healthcare Plans |
Healthcare | 5 | 18,548,007 | +3,200,000 | +20.8% |
| 9 | UNP | Union Pacific Railroads |
Industrials | 3 | 18,317,357 | +950,000 | +5.5% |
| 10 | VZ | Verizon Communications Telecom Services |
Comm. Services | 4 | 13,340,609 | +2,100,000 | +18.7% |
| # | Ticker | Company | Sector | Institutions | Shares Sold | vs Q1 (shares) | vs Q1 (%) |
|---|---|---|---|---|---|---|---|
| 1 | AAPL | Apple Inc. Consumer Electronics |
Technology | 5 | 115,000,000 | −115,000,000 | −29.1% |
| 2 | BAC | Bank of America Banks — Diversified |
Financial Services | 6 | 148,000,000 | −148,000,000 | −19.6% |
| 3 | ABT | Abbott Laboratories Medical Devices |
Healthcare | 4 | 36,000,000 | −1,400,000 | −3.7% |
| 4 | PG | Procter & Gamble Household Products |
Consumer Defensive | 3 | 315,400 | −315,400 | −100% |
| 5 | HPQ | HP Inc. Computer Hardware |
Technology | 2 | 3,921,000 | −3,921,000 | −100% |
| 6 | MMM | 3M Company Industrial Conglomerates |
Industrials | 3 | 2,840,000 | −620,000 | −17.9% |
| 7 | GS | Goldman Sachs Capital Markets |
Financial Services | 2 | 1,240,000 | −380,000 | −23.5% |
| 8 | CMCSA | Comcast Corporation Telecom Services |
Comm. Services | 2 | 890,000 | −210,000 | −19.1% |
| Ticker | Company | Sector | Avg. Purchase Price | Shares Bought | Value (USD) | % of Total |
|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | Technology | $205.17 | 31.21% | ||
| AXP | American Express | Financial Svcs | $318.98 | 26.27% | ||
| BAC | Bank of America Corp | Financial Svcs | $47.32 | 15.56% | ||
| MCO | Moody's Corporation | Financial Svcs | $501.59 | 6.72% | ||
| KHC | The Kraft Heinz Co. | Consumer Def. | $25.82 | 4.57% | ||
| OXY | Occidental Petroleum | Energy | $57.32 | 7.72% | ||
| VRSN | VeriSign, Inc. | Technology | $288.80 | 2.09% | ||
| V | Visa Inc. | Financial Svcs | $355.05 | 1.60% | ||
| Total | $158.19 | 1,682,891,622 | 100.00% |
| Ticker | Company | Classification | Industry | Shares | Value | Avg. Price | Last Price | First Opened | Website |
|---|---|---|---|---|---|---|---|---|---|
| INTC | Intel Corporation |
A. Conviction | Semiconductors | $22.40 | $24.44 | 2019-03-31 |
intel.com ↗ | ||
| ON | ON Semiconductor |
B. Consensus | Semiconductors | $52.41 | $48.62 | 2021-06-30 |
onsemi.com ↗ | ||
| OZK | Bank OZK |
B. Consensus | Banks - Regional | $47.06 | $51.99 | 2022-09-30 |
bankozk.com ↗ | ||
| CSCO | Cisco Systems, Inc. |
A. Conviction | Communication Equipment | $69.38 | $67.34 | 2018-12-31 |
cisco.com ↗ | ||
| AMZN | Amazon.com, Inc. |
A. Conviction | Internet Retail | $219.39 | $238.24 | 2023-03-31 |
amazon.com ↗ | ||
| NVDA | NVIDIA Corporation |
A. Conviction | Semiconductors | $157.99 | $170.76 | 2022-06-30 |
nvidia.com ↗ | ||
| CRM | Salesforce, Inc. |
A. Conviction | Software - Application | $272.69 | $252.06 | 2020-09-30 |
salesforce.com ↗ | ||
| MDT | Medtronic plc |
A. Conviction | Medical Devices | $87.17 | $94.07 | 2019-06-30 |
medtronic.com ↗ | ||
| AAPL | Apple Inc. |
A. Conviction | Consumer Electronics | $205.17 | $234.35 | 2016-12-31 |
apple.com ↗ | ||
| GOOGL | Alphabet Inc. |
A. Conviction | Internet Content | $176.23 | $239.63 | 2023-06-30 |
abc.xyz ↗ | ||
| BDX | Becton, Dickinson |
B. Consensus | Medical Instruments | $172.25 | $190.49 | 2021-09-30 |
bd.com ↗ | ||
| META | Meta Platforms, Inc. |
A. Conviction | Internet Content | 600 | $738.09 | $765.70 | 2024-09-30 |
meta.com ↗ | |
| Total | 5,756,022 | $630M | $187.78 | $181.83 | |||||
| Company | Sector | Shares Held (Q2) | Quarter Change | Value (USD) |
|---|---|---|---|---|
| OXY Occidental Petroleum | Energy | +12,500,000 | $14.2B | |
| COF Capital One Financial | Financial Svcs | ★ New Position | $1.9B | |
| AXP American Express | Financial Svcs | +2,200,000 | $41.1B | |
| SIRI Sirius XM Holdings | Comm. Services | ★ New Position | $2.7B |
31 securities showed no change in share count between Q1 and Q2 2025. These positions represent a combined holding value of approximately $163.4B and include major stakes such as Apple, Bank of America, and Coca-Cola. Full details are available in the complete portfolio table.
| Company | Sector | Shares Held (Q2) | Quarter Change | Value (USD) |
|---|---|---|---|---|
| AAPL Apple Inc. | Technology | −115,000,000 | $87.4B | |
| BAC Bank of America | Financial Svcs | −148,000,000 | $30.3B | |
| ULTA Ulta Beauty | Consumer Cyclical | −96,000 | ||
| DVA DaVita Inc. | Healthcare | −1,400,000 | $5.5B |
| Company | Sector | Shares Held (Q1) | Status | Last Known Value |
|---|---|---|---|---|
| HPQ HP Inc. | Technology | ✕ Full Exit | ||
| PG Procter & Gamble | Consumer Def. | ✕ Full Exit |
| Investor Name | Shares Held | Value (USD) | Avg. Price | First Investment |
|---|---|---|---|---|
| Royal Bank of Canada | $127.82M | $100.76 | 31-03-2023 | |
| Bank of Montreal | $54.08M | $100.83 | 30-09-2022 | |
| Franklin Resources, Inc. | $7.08M | $100.84 | 31-12-2022 | |
| Jones Financial Companies | $2.87M | $100.64 | 31-12-2022 | |
| M&T Bank Corporation | $2.94M | $100.80 | 31-12-2022 | |
| Northwest Bancshares | 7,020 | $0.71M | $100.84 | 31-12-2022 |
| T. Rowe Price Associates | $0.00M | $0.10 | 31-12-2022 | |
| Total | 18,012,489 | $1,847.76M | $99.27 | 31-12-2017 |
| Ticker | Company | Sector | Industry | Country | Market Cap | YoY Revenue | Inst. Investors | Value (USD) |
|---|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. Consumer Electronics |
Technology | Consumer Electronics | 🇺🇸 US | Large Cap | +8.2% | $57,448M | |
| AXP | American Express Credit Services |
Financial Services | Credit Services | 🇺🇸 US | Large Cap | +9.1% | $48,361M | |
| BAC | Bank of America Banks — Diversified |
Financial Services | Banks — Diversified | 🇺🇸 US | Large Cap | +3.4% | $28,641M | |
| MCO | Moody's Corporation Financial Data |
Financial Services | Financial Data | 🇺🇸 US | Large Cap | +11.3% | $12,374M | |
| KHC | Kraft Heinz Packaged Foods |
Consumer Defensive | Packaged Foods | 🇺🇸 US | Large Cap | −2.1% | $8,408M | |
| OXY | Occidental Petroleum Oil & Gas E&P |
Energy | Oil & Gas E&P | 🇺🇸 US | Large Cap | +4.8% | $14,217M | |
| VRSN | VeriSign Inc. Software — Infrastructure |
Technology | Software | 🇺🇸 US | Large Cap | +7.4% | $3,838M | |
| KR | The Kroger Co. Grocery Stores |
Consumer Defensive | Grocery Stores | 🇺🇸 US | Large Cap | +5.9% | $3,587M | |
| V | Visa Inc. Credit Services |
Financial Services | Credit Services | 🇺🇸 US | Large Cap | +12.4% | $2,946M | |
| MDT | Medtronic plc Medical Devices |
Healthcare | Medical Devices | 🇮🇪 IE | Large Cap | +3.2% | $2,587M | |
| DEO | Diageo plc Beverages — Wineries & Distilleries |
Consumer Defensive | Beverages | 🇬🇧 UK | Large Cap | +0.4% | $1,848M | |
| INTC | Intel Corporation Semiconductors |
Technology | Semiconductors | 🇺🇸 US | Large Cap | −7.3% | $17M | |
| NVDA | NVIDIA Corporation Semiconductors |
Technology | Semiconductors | 🇺🇸 US | Large Cap | +15.6% | $63M | |
| CRM | Salesforce Inc. Software — Application |
Technology | Software | 🇺🇸 US | Large Cap | +9.4% | $92M | |
| UNP | Union Pacific Railroads |
Industrials | Railroads | 🇺🇸 US | Large Cap | +2.1% | $3,526M | |
| UNH | UnitedHealth Group Healthcare Plans |
Healthcare | Healthcare Plans | 🇺🇸 US | Large Cap | +8.7% | $2,587M | |
| NTR | Nutrien Ltd. Agricultural Inputs |
Industrials | Railroads | 🇨🇦 CA | Large Cap | +4.3% | $25M | |
| ON | ON Semiconductor Semiconductors |
Technology | Semiconductors | 🇺🇸 US | Mid Cap | +6.2% | $38M | |
| OZK | Bank OZK Banks — Regional |
Financial Services | Banks — Regional | 🇺🇸 US | Small Cap | +1.8% | $33M | |
| VZ | Verizon Communications Telecom Services |
Comm. Services | Telecom Services | 🇺🇸 US | Large Cap | −1.2% | $7M |