State Insurance Fund
Long book
$216.0M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+17.6%
SPY +14.8%
Turnover
0%
of book per quarter
Strategy in plain words
auto-generated from filingsState Insurance Fund is a wealth-management firm allocating client money, running a $216.0M US long book across 1 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: CALVERT US L-C CR RESP INDEX.
Over the last 9 quarters its long book ran on average 0.1pp per quarter ahead of the S&P 500, beating the index in 5 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
+3.7%
Q2 2024
+5.8%
Q3 2024
+2.7%
Q4 2024
-5.8%
Q1 2025
+11.3%
Q2 2025
+7.2%
Q3 2025
+3.2%
Q4 2025
-4.8%
Q1 2026
+17.6%
Sector allocation
No sector data
Long book by quarter
What does State Insurance own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | Apr 16, 2026 | 1 | $216.0M | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Jan 23, 2026 | 1 | $227.3M | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 15, 2025 | 1 | $220.9M | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Jul 10, 2025 | 1 | $206.5M | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | Apr 15, 2025 | 1 | $186.0M | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 30, 2025 | 1 | $197.8M | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 29, 2024 | 1 | $193.3M | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Jul 24, 2024 | 1 | $183.1M | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | Apr 26, 2024 | 1 | $177.1M | canonical | SEC ↗ |