GLOBE LIFE INC.

Wealth advisor Mechanical CIK 320335
Long book
$380.8M
Q1 2026
Positions
2
Top-10 weight
100%
concentration
Last quarter
+13.1%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

GLOBE LIFE INC. is a wealth-management firm allocating client money, running a $380.8M US long book across 2 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, VANGUARD LONG-TERM CORP BOND.

Over the last 9 quarters its long book ran on average 0.4pp 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
+4.0%
Q2 2024
+6.1%
Q3 2024
+1.5%
Q4 2024
-3.6%
Q1 2025
+9.9%
Q2 2025
+7.7%
Q3 2025
+2.2%
Q4 2025
-3.9%
Q1 2026
+13.1%

Sector allocation

No sector data

Long book by quarter

$357.3M
Q1 2024
$331.2M
Q2 2024
$357.4M
Q3 2024
$358.3M
Q4 2024
$340.2M
Q1 2025
$365.0M
Q2 2025
$400.2M
Q3 2025
$397.8M
Q4 2025
$380.8M
Q1 2026

What does GLOBE LIFE own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20262$380.8M canonicalSEC ↗
Q4 202513F-HRFeb 6, 20262$397.8M canonicalSEC ↗
Q3 202513F-HRNov 7, 20252$400.2M canonicalSEC ↗
Q2 202513F-HRAug 8, 20252$365.0M canonicalSEC ↗
Q1 202513F-HRMay 1, 20252$340.2M canonicalSEC ↗
Q4 202413F-HR/ARESTATEMENTFeb 27, 20252$358.3M canonicalSEC ↗
Q4 202413F-HRFeb 4, 20252$357.4M SEC ↗
Q3 202413F-HRNov 13, 20242$357.4M canonicalSEC ↗
Q2 202413F-HRAug 2, 20242$331.2M canonicalSEC ↗
Q1 202413F-HRMay 7, 20242$357.3M canonicalSEC ↗