Starr Indemnity & Liability Co

Wealth advisor Mechanical financials specialist (100%) CIK 1640521
Long book
$393.5M
Q1 2026
Positions
4
Top-10 weight
100%
concentration
Last quarter
-3.7%
SPY +14.8%
Turnover
0%
of book per quarter

Strategy in plain words

auto-generated from filings

Starr Indemnity & Liability Co is a wealth-management firm allocating client money, specialised in financials (100% of the long book), running a $393.5M US long book across 4 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: SPDR GOLD SHARES, ISHARES CORE MSCI DEV MKTS, VANGUARD S&P MID-CAP 400 ETF, ISHARES CORE S&P SMALL-CAP E.

Over the last 6 quarters its long book ran on average 1.5pp per quarter ahead of the S&P 500, beating the index in 4 of 6 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
Q4 2024
+6.8%
Q1 2025
+7.4%
Q2 2025
+12.2%
Q3 2025
+7.9%
Q4 2025
+6.3%
Q1 2026
-3.7%

Sector allocation

Other
100%

Long book by quarter

$202.5M
Q4 2024
$206.5M
Q1 2025
$273.1M
Q2 2025
$306.2M
Q3 2025
$352.1M
Q4 2025
$393.5M
Q1 2026

What does Starr Indemnity own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20264$393.5M canonicalSEC ↗
Q4 202513F-HRFeb 9, 20264$352.1M canonicalSEC ↗
Q3 202513F-HRNov 12, 20254$306.2M canonicalSEC ↗
Q2 202513F-HRAug 8, 20254$273.1M canonicalSEC ↗
Q1 202513F-HRMay 13, 20255$206.5M canonicalSEC ↗
Q4 202413F-HRFeb 12, 20255$202.5M canonicalSEC ↗