TRAVELERS COMPANIES, INC.

Insurance Mechanical financials specialist (100%) CIK 86312
Long book
$126.8M
Q1 2026
Positions
1
Top-10 weight
100%
concentration
Last quarter
+34.6%
SPY +14.8%
Turnover
67%
of book per quarter

Strategy in plain words

auto-generated from filings

TRAVELERS COMPANIES, INC. is an insurance company managing float, specialised in financials (100% of the long book), running a $126.8M US long book across 1 positions.

The portfolio is extremely concentrated — the top 10 positions are almost the whole book. Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: PELAGOS INSURANCE CAPITAL LT.

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
-15.2%
Q2 2024
+11.4%
Q3 2024
+0.9%
Q4 2024
-10.0%
Q1 2025
+3.0%
Q2 2025
+9.5%
Q3 2025
+7.7%
Q4 2025
-0.1%
Q1 2026
+34.6%

Sector allocation

Financials
100%

Long book by quarter

$167.1M
Q1 2024
$117.5M
Q2 2024
$130.7M
Q3 2024
$130.8M
Q4 2024
$116.8M
Q1 2025
$119.4M
Q2 2025
$132.1M
Q3 2025
$151.9M
Q4 2025
$126.8M
Q1 2026

What does TRAVELERS COMPANIES, own?

Q1 2026 13F
CompanySectorSharesValue% of bookChange
PLGO PELAGOS INSURANCE CAPITAL LTFinancials6.6M$126.8M100.0%-7.9%

13F filing history

PeriodFormFiledEntriesReported valueFlagsSource
Q1 202613F-HRMay 11, 20261$126.8M canonicalSEC ↗
Q4 202513F-HRFeb 10, 20263$151.9M canonicalSEC ↗
Q3 202513F-HRNov 12, 20252$132.1M canonicalSEC ↗
Q2 202513F-HRAug 8, 20251$119.4M canonicalSEC ↗
Q1 202513F-HRMay 9, 20253$116.8M canonicalSEC ↗
Q4 202413F-HRFeb 7, 20253$130.8M canonicalSEC ↗
Q3 202413F-HRNov 8, 20242$130.7M canonicalSEC ↗
Q2 202413F-HRAug 9, 20241$117.5M canonicalSEC ↗
Q1 202413F-HRMay 13, 20242$167.1M canonicalSEC ↗