SECURIAN ASSET MANAGEMENT, INC
Long book
$2.53B
Q1 2026
Positions
925
Top-10 weight
36%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
3%
of book per quarter
Strategy in plain words
auto-generated from filingsSECURIAN ASSET MANAGEMENT, INC is an institutional manager, running a $2.53B US long book across 925 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). The book barely moves quarter to quarter — a patient, low-turnover holder. Current anchor positions: VANGUARD S&P 500 ETF, ISHARES CORE S&P 500 ETF, NVIDIA CORP, APPLE INC, ISHARES CORE HIGH DIVIDEND E.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+3.2%
Q2 2024
+6.5%
Q3 2024
+1.4%
Q4 2024
-3.0%
Q1 2025
+9.4%
Q2 2025
+7.2%
Q3 2025
+2.4%
Q4 2025
-2.1%
Q1 2026
+12.7%
Sector allocation
Technology 38%
Industrials 12%
Financials 12%
Consumer discretionary 10%
Healthcare 8%
Services media 5%
Utilities 4%
Energy 3%
Long book by quarter
What does SECURIAN ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 659.2K | $115.0M | 4.6% | -0.2% |
| AAPL APPLE INC | Technology | 398.3K | $101.1M | 4.0% | -0.9% |
| MSFT MICROSOFT CORP | Technology | 201.4K | $74.6M | 3.0% | -0.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 265.0K | $55.2M | 2.2% | +0.2% |
| GOOGL ALPHABET INC-CL A | Technology | 157.9K | $45.4M | 1.8% | -0.2% |
| AVGO BROADCOM INC | Technology | 128.6K | $39.8M | 1.6% | +0.2% |
| GOOG ALPHABET INC-CL C | Technology | 126.9K | $36.4M | 1.4% | +0.3% |
| META META PLATFORMS INC-CLASS A | Technology | 59.3K | $33.9M | 1.3% | +0.2% |
| TSLA TESLA INC | Industrials | 76.3K | $28.4M | 1.1% | -0.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 49.7K | $23.8M | 0.9% | -0.2% |
| JPM JPMORGAN CHASE & CO | Financials | 73.1K | $21.5M | 0.9% | -1.2% |
| LLY ELI LILLY & CO | Healthcare | 21.5K | $19.8M | 0.8% | -0.5% |
| XOM EXXON MOBIL CORP | Energy | 113.4K | $19.2M | 0.8% | -1.1% |
| JNJ JOHNSON & JOHNSON | Healthcare | 65.4K | $16.0M | 0.6% | -0.2% |
| WMT WALMART INC | Consumer discretionary | 118.9K | $14.8M | 0.6% | -0.3% |
| V VISA INC-CLASS A SHARES | Services media | 45.6K | $13.8M | 0.5% | -0.6% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 12.1K | $12.0M | 0.5% | Held |
| MA MASTERCARD INC - A | Services media | 22.1K | $11.0M | 0.4% | -0.9% |
| NFLX NETFLIX INC | Services media | 114.5K | $11.0M | 0.4% | -0.6% |
| CVX CHEVRON CORP | Energy | 50.9K | $10.5M | 0.4% | -1.2% |
| ABBV ABBVIE INC | Healthcare | 47.9K | $10.4M | 0.4% | -0.2% |
| MU MICRON TECHNOLOGY INC | Technology | 30.5K | $10.3M | 0.4% | Held |
| PG PROCTER & GAMBLE CO/THE | Other | 63.0K | $9.1M | 0.4% | -0.8% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 62.0K | $9.1M | 0.4% | -0.2% |
| AMD ADVANCED MICRO DEVICES | Technology | 44.3K | $9.0M | 0.4% | Held |
| CAT CATERPILLAR INC | Industrials | 12.6K | $8.9M | 0.4% | -0.8% |
| HD HOME DEPOT INC | Consumer discretionary | 27.1K | $8.9M | 0.4% | Held |
| BAC BANK OF AMERICA CORP | Financials | 180.0K | $8.8M | 0.3% | -1.5% |
| CSCO CISCO SYSTEMS INC | Technology | 107.2K | $8.3M | 0.3% | Held |
| MRK MERCK & CO. INC. | Healthcare | 67.3K | $8.1M | 0.3% | -0.2% |
| GE GENERAL ELECTRIC | Industrials | 28.5K | $8.1M | 0.3% | -0.8% |
| KO COCA-COLA CO/THE | Consumer staples | 105.0K | $8.0M | 0.3% | -0.2% |
| AMAT APPLIED MATERIALS INC | Technology | 21.5K | $7.4M | 0.3% | -0.6% |
| LRCX LAM RESEARCH CORP | Industrials | 33.9K | $7.2M | 0.3% | -0.8% |
| RTX RTX CORP | Industrials | 36.4K | $7.0M | 0.3% | -0.3% |
| PM PHILIP MORRIS INTERNATIONAL | Consumer staples | 42.2K | $7.0M | 0.3% | -0.2% |
| GS GOLDMAN SACHS GROUP INC | Financials | 8.2K | $6.9M | 0.3% | Held |
| ORCL ORACLE CORP | Technology | 46.0K | $6.8M | 0.3% | +0.6% |
| WFC WELLS FARGO & CO | Financials | 83.9K | $6.7M | 0.3% | -1.7% |
| UNH UNITEDHEALTH GROUP INC | Financials | 24.5K | $6.6M | 0.3% | -0.4% |
| GEV GE VERNOVA INC | Industrials | 7.3K | $6.4M | 0.3% | -0.9% |
| LIN LINDE PLC | Materials | 12.7K | $6.3M | 0.2% | Held |
| IBM INTL BUSINESS MACHINES CORP | Technology | 25.3K | $6.1M | 0.2% | -0.4% |
| MCD MCDONALD'S CORP | Consumer discretionary | 19.4K | $6.0M | 0.2% | Held |
| PEP PEPSICO INC | Consumer staples | 37.1K | $5.8M | 0.2% | -0.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 114.4K | $5.7M | 0.2% | -0.2% |
| INTC INTEL CORP | Technology | 127.4K | $5.6M | 0.2% | +4.5% |
| T AT&T INC | Communications | 189.9K | $5.5M | 0.2% | -1.5% |
| C CITIGROUP INC | Financials | 47.4K | $5.4M | 0.2% | -2.6% |
| MS MORGAN STANLEY | Financials | 32.6K | $5.4M | 0.2% | -0.6% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 1, 2026 | 925 | $2.53B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 4, 2026 | 928 | $2.64B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 23, 2025 | 928 | $3.78B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 30, 2025 | 929 | $3.51B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 1, 2025 | 929 | $3.29B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 10, 2025 | 926 | $3.44B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 922 | $3.47B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 15, 2024 | 927 | $3.43B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 26, 2024 | 925 | $3.41B | canonical | SEC ↗ |
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