ALLSTATE CORP

Insurance Mechanical CIK 899051
League rank
#6
in Insurance · #3470 overall
Long book
$9.35B
Q1 2026
Positions
1124
Top-10 weight
38%
concentration
Last quarter
+11.9%
SPY +14.8%
Turnover
48%
of book per quarter

Strategy in plain words

auto-generated from filings

ALLSTATE CORP is an insurance company managing float, running a $9.35B US long book across 1124 positions.

The portfolio is moderately concentrated (top 10 ≈ 38% of the book). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: VANGUARD S/T CORP BOND ETF, ISHARES CORE S&P TOTAL U.S., ISHARES 1-5Y INV GRADE CORP, APPLE INC, MICROSOFT CORP.

Over the last 9 quarters its long book ran on average 1.2pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.

Implied long-book return vs S&P 500

methodology: positions priced quarterly, no shorts/options
Fund long book S&P 500
Q1 2024
+1.7%
Q2 2024
+6.8%
Q3 2024
-0.8%
Q4 2024
-2.9%
Q1 2025
+8.7%
Q2 2025
+6.3%
Q3 2025
+1.4%
Q4 2025
-3.9%
Q1 2026
+11.9%

Sector allocation

Technology
35%
Industrials
12%
Financials
12%
Consumer discretionary
10%
Healthcare
9%
Services media
5%
Utilities
4%
Energy
4%

Long book by quarter

$1.41B
Q1 2024
$1.23B
Q2 2024
$1.05B
Q3 2024
$3.40B
Q4 2024
$3.40B
Q1 2025
$1.39B
Q2 2025
$4.38B
Q3 2025
$7.32B
Q4 2025
$9.35B
Q1 2026

What does ALLSTATE CORP own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
AAPL APPLE INCTechnology941.3K$238.9M2.6%-16.7%
MSFT MICROSOFT CORPTechnology633.5K$234.5M2.5%+17.6%
NVDA NVIDIA CORPTechnology1.3M$234.0M2.5%-27.4%
AMZN AMAZON.COM INCConsumer discretionary985.1K$205.2M2.2%+34.6%
AVGO BROADCOM INCTechnology460.3K$142.5M1.5%+34.8%
GOOGL ALPHABET INC-CL ATechnology450.2K$129.5M1.4%+1.6%
META META PLATFORMS INC-CLASS ATechnology223.4K$127.8M1.4%+35.1%
GOOG ALPHABET INC-CL CTechnology377.5K$108.3M1.2%+1.4%
TSLA TESLA INCIndustrials290.4K$107.9M1.2%+34.9%
JPM JPMORGAN CHASE & COFinancials280.3K$82.4M0.9%+33.5%
LLY ELI LILLY & COHealthcare82.6K$76.0M0.8%+35.0%
XOM EXXON MOBIL CORPEnergy429.0K$72.8M0.8%+30.7%
BRK/B BERKSHIRE HATHAWAY INC-CL BFinancials143.2K$68.6M0.7%+35.6%
JNJ JOHNSON & JOHNSONHealthcare245.4K$60.0M0.6%+34.0%
WMT WALMART INCConsumer discretionary446.4K$55.5M0.6%+33.1%
V VISA INC-CLASS A SHARESServices media182.3K$55.1M0.6%+41.9%
COST COSTCO WHOLESALE CORPConsumer discretionary45.9K$45.8M0.5%+35.2%
MA MASTERCARD INC - AServices media91.0K$45.5M0.5%+41.1%
NFLX NETFLIX INCServices media437.2K$42.0M0.4%+34.6%
CVX CHEVRON CORPEnergy197.9K$41.0M0.4%+33.2%
ABBV ABBVIE INCHealthcare182.5K$39.7M0.4%+35.7%
MU MICRON TECHNOLOGY INCTechnology115.4K$39.0M0.4%+35.1%
PG PROCTER & GAMBLE CO/THEOther244.9K$35.4M0.4%+36.6%
HD HOME DEPOT INCConsumer discretionary107.4K$35.3M0.4%+43.1%
PLTR PALANTIR TECHNOLOGIES INC-ATechnology240.3K$35.2M0.4%+38.4%
BAC BANK OF AMERICA CORPFinancials717.7K$35.0M0.4%+33.5%
CAT CATERPILLAR INCIndustrials48.2K$34.2M0.4%+35.0%
AMD ADVANCED MICRO DEVICESTechnology167.0K$34.0M0.4%+35.2%
KO COCA-COLA CO/THEConsumer staples414.4K$31.5M0.3%+31.7%
GE GENERAL ELECTRICIndustrials110.1K$31.2M0.3%+35.7%
MRK MERCK & CO. INC.Healthcare256.8K$30.9M0.3%+35.9%
CSCO CISCO SYSTEMS INCTechnology398.0K$30.9M0.3%+32.3%
LIF LIFE360 INCTechnology725.3K$29.6M0.3%0.0%
AMAT APPLIED MATERIALS INCTechnology81.8K$28.0M0.3%+35.2%
ORCL ORACLE CORPTechnology176.1K$25.9M0.3%+35.1%
LRCX LAM RESEARCH CORPIndustrials117.9K$25.2M0.3%+22.6%
UNH UNITEDHEALTH GROUP INCFinancials92.7K$25.1M0.3%+34.4%
GEV GE VERNOVA INCIndustrials28.2K$24.6M0.3%+37.2%
RTX RTX CORPIndustrials126.5K$24.4M0.3%+23.4%
PM PHILIP MORRIS INTERNATIONALConsumer staples146.8K$24.3M0.3%+23.3%
LIN LINDE PLCMaterials47.2K$23.4M0.3%+31.2%
MCD MCDONALD'S CORPConsumer discretionary72.0K$22.4M0.2%+33.5%
C CITIGROUP INCFinancials190.5K$21.6M0.2%+35.5%
PEP PEPSICO INCConsumer staples137.7K$21.4M0.2%+31.5%
VZ VERIZON COMMUNICATIONS INCCommunications424.3K$21.3M0.2%+35.4%
T AT&T INCCommunications721.9K$20.9M0.2%+34.3%
TJX TJX COMPANIES INCConsumer discretionary127.1K$20.3M0.2%+51.9%
INTC INTEL CORPTechnology459.0K$20.3M0.2%+35.3%
NEE NEXTERA ENERGY INCUtilities214.5K$19.9M0.2%+38.8%
AMGN AMGEN INCHealthcare56.0K$19.7M0.2%+39.6%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20261305$9.35B canonicalSEC ↗
Q4 202513F-HRFeb 9, 2026699$7.32B canonicalSEC ↗
Q3 202513F-HROct 29, 2025633$4.38B canonicalSEC ↗
Q2 202513F-HRAug 5, 2025193$1.39B canonicalSEC ↗
Q1 202513F-HRMay 14, 2025632$3.40B canonicalSEC ↗
Q4 202413F-HRFeb 12, 2025677$3.40B canonicalSEC ↗
Q3 202413F-HRNov 14, 2024157$1.05B canonicalSEC ↗
Q2 202413F-HRAug 13, 2024266$1.23B canonicalSEC ↗
Q1 202413F-HRMay 10, 2024277$1.41B canonicalSEC ↗