NEW VERNON INVESTMENT MANAGEMENT LLC
Long book
$94.2M
Q1 2026
Positions
39
Top-10 weight
56%
concentration
Last quarter
+11.5%
SPY +14.8%
Turnover
23%
of book per quarter
Strategy in plain words
auto-generated from filingsNEW VERNON INVESTMENT MANAGEMENT LLC is a concentrated fundamental stock-picker, specialised in financials (76% of the long book), running a $94.2M US long book across 39 positions.
The portfolio is concentrated: the top 10 names carry 56% of the portfolio. Turnover is modest: positions are typically held for years. Current anchor positions: SS FINANCIAL SELECT SECTOR, TRAVELERS COS INC/THE, CHUBB LTD, ARCH CAPITAL GROUP LTD, OLD REPUBLIC INTL CORP.
Over the last 9 quarters its long book ran on average 1.8pp per quarter behind the S&P 500, beating the index in 2 of 9 quarters. We rate its filings highest-signal: new buys here are worth attention.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.2%
Q2 2024
+9.3%
Q3 2024
-0.7%
Q4 2024
+4.3%
Q1 2025
+3.5%
Q2 2025
+2.3%
Q3 2025
+0.5%
Q4 2025
-6.1%
Q1 2026
+11.5%
Sector allocation
Financials 77%
Technology 9%
Consumer discretionary 6%
Services media 4%
Healthcare 2%
Industrials 1%
Utilities 1%
Long book by quarter
What does NEW VERNON own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| TRV TRAVELERS COS INC/THE | Financials | 26.2K | $7.6M | 8.1% | -28.6% |
| CB CHUBB LTD | Financials | 18.4K | $6.0M | 6.4% | New |
| ACGL ARCH CAPITAL GROUP LTD | Financials | 57.7K | $5.5M | 5.9% | +56.3% |
| ORI OLD REPUBLIC INTL CORP | Financials | 130.2K | $5.2M | 5.5% | +0.1% |
| EG EVEREST GROUP LTD | Financials | 13.1K | $4.3M | 4.6% | +100.0% |
| WRB WR BERKLEY CORP | Financials | 64.0K | $4.2M | 4.5% | New |
| AVGO BROADCOM INC | Technology | 11.0K | $3.4M | 3.6% | Held |
| HIG HARTFORD INSURANCE GROUP INC | Financials | 22.4K | $3.0M | 3.2% | -49.9% |
| LNC LINCOLN NATIONAL CORP | Financials | 84.2K | $3.0M | 3.2% | -45.4% |
| MRSH MARSH & MCLENNAN COS | Financials | 17.2K | $3.0M | 3.2% | -50.0% |
| RDN RADIAN GROUP INC | Financials | 90.0K | $3.0M | 3.2% | -50.0% |
| AJG ARTHUR J GALLAGHER & CO | Financials | 13.5K | $2.9M | 3.1% | New |
| WTW WILLIS TOWERS WATSON PLC | Financials | 9.5K | $2.8M | 2.9% | -50.0% |
| HG HAMILTON INSURANCE GROU-CL B | Financials | 73.9K | $2.2M | 2.3% | Held |
| GOOG ALPHABET INC-CL C | Technology | 7.2K | $2.1M | 2.2% | Held |
| MAR MARRIOTT INTERNATIONAL -CL A | Services media | 5.1K | $1.7M | 1.8% | Held |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 18.0K | $1.7M | 1.8% | Held |
| TJX TJX COMPANIES INC | Consumer discretionary | 9.6K | $1.5M | 1.6% | Held |
| BX BLACKSTONE INC | Financials | 13.2K | $1.5M | 1.6% | Held |
| MSFT MICROSOFT CORP | Technology | 4.0K | $1.5M | 1.6% | Held |
| CRBG COREBRIDGE FINANCIAL INC | Financials | 61.8K | $1.5M | 1.6% | New |
| UNM UNUM GROUP | Financials | 19.8K | $1.4M | 1.5% | New |
| EQH EQUITABLE HOLDINGS INC | Financials | 38.7K | $1.4M | 1.5% | -61.4% |
| IGIC INTERNATIONAL GENERAL INSURA | Financials | 59.3K | $1.4M | 1.5% | Held |
| MS MORGAN STANLEY | Financials | 8.6K | $1.4M | 1.5% | Held |
| JPM JPMORGAN CHASE & CO | Financials | 4.3K | $1.3M | 1.3% | Held |
| UBER UBER TECHNOLOGIES INC | Services media | 17.0K | $1.2M | 1.3% | Held |
| AMZN AMAZON.COM INC | Consumer discretionary | 4.8K | $1.0M | 1.1% | Held |
| HD HOME DEPOT INC | Consumer discretionary | 2.5K | $822K | 0.9% | Held |
| NVDA NVIDIA CORP | Technology | 4.5K | $782K | 0.8% | Held |
| UNP UNION PACIFIC CORP | Industrials | 3.0K | $724K | 0.8% | Held |
| SYK STRYKER CORP | Healthcare | 2.2K | $710K | 0.8% | Held |
| NU NU HOLDINGS LTD/CAYMAN ISL-A | Financials | 49.3K | $709K | 0.8% | Held |
| MDT MEDTRONIC PLC | Healthcare | 7.3K | $634K | 0.7% | Held |
| EPD ENTERPRISE PRODUCTS PARTNERS | Utilities | 16.3K | $616K | 0.7% | Held |
| ABT ABBOTT LABORATORIES | Healthcare | 5.9K | $608K | 0.6% | Held |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 39 | $94.2M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 37 | $102.7M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 40 | $107.2M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 35 | $86.0M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 36 | $74.8M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 37 | $75.7M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 39 | $92.9M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 39 | $77.0M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 15, 2024 | 37 | $117.7M | canonical | SEC ↗ |