Auto-Owners Insurance Co

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 19, 2025), Auto-Owners Insurance Co reported 106 stock positions worth $3.9 billion. Its top holding was Ste STR SPDR PT DW Eu ETF (SPDW) at 16.8% of the portfolio, followed by iShares Core S&P Total U.S. (ITOT, 11.4%) and SS SPDR Nyse Tech ETF (XNTK, 9.2%). Compared with Q2 2025, it opened 2 new positions, sold out of 3, added to 1 and reduced 27. The biggest buy was iShares Core S&P Total U.S. (ITOT, shares +1%) and the biggest sale Schwab Fndmn Intl LRG Co. ETF (FNDF, shares −68%).

Most Recent 13F
Q2 2026
Location
LANSING, MI
CIK
0001964189
Portfolio Value
$3.9B (Q3 2025)
SEC Filing
0001964189-25-000005 ↗ filed Nov 19, 2025

Holdings Value

0$1.0B$2.0B$3.0B$4.0B$5.0B Q1 2024: $3.8B Q1 2024 Q2 2024: $3.8B Q2 2024 Q3 2024: $4.1B Q3 2024 Q4 2024: $4.4B Q4 2024 Q1 2025: $3.8B Q1 2025 Q2 2025: $4.5B Q2 2025 Q3 2025: $3.9B $3.9B Q3 2025 Q4 2025: $4.8B Q4 2025 Q1 2026: $4.8B Q1 2026 Q2 2026: $4.4B Q2 2026

Holdings 106 stocks · $3.9B
SPDW Ste STR SPDR PT DW Eu ETF 16.83% 15,230,666 $651.7M Reduce -13.3%
ITOT iShares Core S&P Total U.S. 11.42% 3,037,774 $442.5M Add +1.5%
XNTK SS SPDR Nyse Tech ETF 9.19% 1,307,500 $355.9M Reduce -14.0%
EFV iShares MSCI Eafe Value ETF 6.94% 3,963,000 $268.8M No change
IDEV iShares Core MSCI Dev MKTS 4.99% 2,412,000 $193.4M No change
BRK.A Berkshire Hathaway Inc. Class A 3.04% 156 $117.7M No change
FNDF Schwab Fndmn Intl LRG Co. ETF 3.00% 2,703,000 $116.1M Reduce -67.6%
GOOG Alphabet Inc. Class C 2.94% 466,996 $113.7M Reduce -19.6%
VYM Vanguard High DVD Yield ETF 2.64% 724,200 $102.1M No change
META Meta Platforms Inc. Class A 2.60% 137,300 $100.8M Reduce -19.4%
SPYD SS SPDR P S&P 500 Hi Div ETF 2.31% 2,050,000 $89.3M No change
IUSV iShares Core S&P U.S. Value 2.22% 864,000 $86.1M No change
AMZN Amazon.com Inc. 2.03% 358,300 $78.7M No change
VWO Vanguard Ftse Emerging Marke 1.83% 1,310,716 $71.0M No change
VB Vanguard Most SM-Cap ETF-Usd 1.63% 249,028 $63.3M No change
VEA Vanguard Ftse Developed ETF 1.62% 1,045,750 $62.7M No change
PII Polaris Inc. 1.55% 1,035,000 $60.2M No change
SPMD SS SPDR P S&P 400 Midcap ETF 1.54% 1,040,000 $59.5M No change
JNJ Johnson & Johnson 1.49% 310,940 $57.7M Reduce -0.6%
MSFT Microsoft Corp. 1.43% 106,853 $55.3M Reduce -0.6%
PEP Pepsico Inc. 1.19% 329,278 $46.2M No change
CSCO Cisco Systems Inc. 1.04% 589,140 $40.3M No change
GE General Electric filed as GE AEROSPACE 0.98% 125,548 $37.8M Reduce -75.0%
DOW Dow Inc. 0.95% 1,611,000 $36.9M No change
DGRO iShares Core Dividend Growth 0.90% 514,500 $35.0M No change
BDX Becton Dickinson and Co. 0.88% 182,355 $34.1M No change
VCR Vanguard Consumer Discre ETF 0.82% 80,700 $31.9M No change
EPD Enterprise Products Partners 0.81% 1,000,000 $31.3M No change
DD Dupont DE Nemours Inc. 0.81% 401,127 $31.2M No change
USB US Bancorp 0.78% 625,000 $30.2M No change
GEHC GE Healthcare Technology 0.68% 353,051 $26.5M No change
XLRE SS Real Estate Select Sector 0.64% 584,048 $24.6M No change
BAX Baxter International Inc. 0.62% 1,050,000 $23.9M No change
IEMG iShares Core MSCI Emerging 0.61% 360,000 $23.7M No change
KOF Coca-Cola Femsa Sab-SP ADR 0.54% 250,300 $20.8M Reduce -16.6%
GEV GE Vernova Inc. 0.50% 31,383 $19.3M Reduce -75.0%
CCL Carnival Corp. 0.49% 650,000 $18.8M No change
AMSF Amerisafe Inc. 0.48% 426,900 $18.7M No change
FMC FMC Corp. 0.39% 450,000 $15.1M No change
DVYE iShares Emerging Markets Div 0.38% 500,000 $14.8M Reduce -71.4%
KHC The Kraft Heinz Co. 0.35% 525,731 $13.7M No change
TFC Truist Financial Corp. 0.34% 288,000 $13.2M No change
AVB Avalonbay Communities Inc. 0.32% 65,000 $12.6M No change
WDAY Workday Inc. Class A 0.25% 40,100 $9.7M No change
MMM 3M Co. 0.24% 58,790 $9.1M Reduce -83.4%
ENB Enbridge Inc. 0.23% 179,110 $9.0M No change
VTI VG Morningstar TS MKT ETF-US 0.18% 21,000 $6.9M No change
RTX RTX Corp. 0.18% 40,687 $6.8M Reduce -87.2%
HMC Honda Motor Co. Ltd.-Spons ADR 0.13% 168,150 $5.2M Reduce -74.3%
BRK.B Berkshire Hathaway Inc. Class B 0.12% 9,580 $4.8M No change
NVS Novartis AG-Sponsored ADR 0.11% 33,570 $4.3M Reduce -25.6%
ORCL Oracle Corp. 0.11% 14,500 $4.1M Reduce -10.4%
SCZ iShares MSCI Eafe Small-Cap 0.10% 52,300 $4.0M No change
PG The Procter & Gamble Co. 0.10% 24,769 $3.8M Reduce -5.1%
AAPL Apple Inc. 0.10% 14,818 $3.8M Reduce -40.7%
TD Toronto-Dominion Bank 0.09% 42,096 $3.4M Reduce -17.3%
SYK Stryker Corp. 0.08% 8,293 $3.1M No change
HDV iShares Core High Dividend E 0.08% 23,800 $2.9M No change
KO The Coca-Cola Co. 0.07% 43,700 $2.9M Reduce -92.1%
K Kellanova 0.07% 33,100 $2.7M Reduce -75.5%
AMAT Applied Materials Inc. 0.07% 13,000 $2.7M No change
MSM MSC Industrial Direct Co. Class A 0.06% 26,500 $2.4M Reduce -92.3%
ZBH Zimmer Biomet Holdings Inc. 0.06% 22,350 $2.2M No change
TMO Thermo Fisher Scientific Inc. 0.05% 4,190 $2.0M No change
INTC Intel Corp. 0.05% 53,808 $1.8M Reduce -89.0%
LIN Linde PLC 0.04% 3,100 $1.5M No change
BLK BlackRock Inc. 0.04% 1,200 $1.4M No change
HWM Howmet Aerospace Inc. 0.04% 7,033 $1.4M No change
QCOM Qualcomm Inc. 0.03% 7,839 $1.3M No change
CHRW C.H. Robinson Worldwide Inc. 0.03% 9,400 $1.2M No change
ABT Abbott Laboratories 0.03% 8,358 $1.1M No change
SNA Snap-on Inc. 0.03% 2,975 $1.0M No change
UPS United Parcel Service Class B 0.03% 12,300 $1.0M No change
PNC PNC Financial Services Group 0.03% 5,000 $1.0M No change
ECL Ecolab Inc. 0.03% 3,600 $986K No change
SYY Sysco Corp. 0.02% 11,100 $914K No change
AEM Agnico Eagle Mines Ltd. 0.02% 5,400 $910K No change
AVGO Broadcom Inc. 0.02% 2,390 $788K No change
CARR Carrier Global Corp. 0.02% 12,787 $763K No change
CTSH Cognizant Tech Solutions-A 0.02% 10,232 $686K No change
ITW Illinois Tool Works 0.02% 2,550 $665K No change
MDLZ Mondelez International Inc. Class A 0.02% 10,600 $662K No change
DOV Dover Corp. 0.02% 3,900 $651K No change
RIO Rio Tinto PLC-Spon ADR 0.02% 9,600 $634K No change
T AT&T Inc. 0.02% 22,053 $623K Reduce -84.7%
MRK Merck & Co. Inc. 0.02% 7,300 $613K No change
GHM Graham Corp. 0.02% 11,000 $604K No change
GM General Motors Co. 0.02% 9,800 $598K No change
DELL Dell Technologies -C 0.02% 4,147 $588K No change
OTIS Otis Worldwide Corp. 0.02% 6,393 $585K No change
CME Cme Group Inc. 0.01% 1,959 $529K No change
EXPD Expeditors Intl Wash Inc. 0.01% 4,095 $502K No change
VOD Vodafone Group PLC-SP ADR 0.01% 39,733 $461K No change
WBD Warner Bros Discovery Inc. 0.01% 23,527 $459K No change
CL Colgate-Palmolive Co. 0.01% 5,600 $448K No change
VZ Verizon Communications Inc. 0.01% 10,033 $441K No change
CVS CVS Health Corp. 0.01% 5,657 $426K No change
MCO Moody's Corp. 0.01% 823 $392K Reduce -11.8%
COST Costco Wholesale Corp. 0.01% 405 $375K Reduce -5.8%
B Barrick Mining Corp. 0.01% 10,200 $334K New
ADI Analog Devices Inc. 0.01% 1,275 $313K Reduce -26.6%
MT Arcelormittal-NY Registered 0.01% 8,066 $292K No change
HI Hillenbrand Inc. 0.01% 10,500 $284K No change
UNP Union Pacific Corp. 0.01% 1,022 $242K No change
PRLB Proto Labs Inc. 0.01% 4,500 $225K New
FTV Fortive Corp. 0.01% 4,350 $213K No change

Portfolio Sells Q2 2025 → Q3 2025
FNDF Schwab Fndmn Intl LRG Co. ETF Reduce -67.6% 3.00% −4.45
GE General Electric Reduce -75.0% 0.98% −1.91
HII Huntington Ingalls Industrie Sold out 0.00% −1.01
GEV GE Vernova Inc. Reduce -75.0% 0.50% −0.98
MMM 3M Co. Reduce -83.4% 0.24% −0.97
RTX RTX Corp. Reduce -87.2% 0.18% −0.86
KO The Coca-Cola Co. Reduce -92.1% 0.07% −0.79
GSK GSK PLC-Spon ADR Sold out 0.00% −0.79
DVYE iShares Emerging Markets Div Reduce -71.4% 0.38% −0.73
MSM MSC Industrial Direct Co. Class A Reduce -92.3% 0.06% −0.59
HMC Honda Motor Co. Ltd.-Spons ADR Reduce -74.3% 0.13% −0.29
META Meta Platforms Inc. Class A Reduce -19.4% 2.60% −0.20
INTC Intel Corp. Reduce -89.0% 0.05% −0.20
K Kellanova Reduce -75.5% 0.07% −0.17
KOF Coca-Cola Femsa Sab-SP ADR Reduce -16.6% 0.54% −0.11
T AT&T Inc. Reduce -84.7% 0.02% −0.08
AAPL Apple Inc. Reduce -40.7% 0.10% −0.02
WBA Walgreens Boots Alliance Inc. Sold out 0.00% −0.01
NVS Novartis AG-Sponsored ADR Reduce -25.6% 0.11% −0.01
ADI Analog Devices Inc. Reduce -26.6% 0.01% −0.00
MCO Moody's Corp. Reduce -11.8% 0.01% −0.00
COST Costco Wholesale Corp. Reduce -5.8% 0.01% +0.00
TD Toronto-Dominion Bank Reduce -17.3% 0.09% +0.00
PG The Procter & Gamble Co. Reduce -5.1% 0.10% +0.01
ORCL Oracle Corp. Reduce -10.4% 0.11% +0.03
MSFT Microsoft Corp. Reduce -0.6% 1.43% +0.24
JNJ Johnson & Johnson Reduce -0.6% 1.49% +0.42
GOOG Alphabet Inc. Class C Reduce -19.6% 2.94% +0.64
SPDW Ste STR SPDR PT DW Eu ETF Reduce -13.3% 16.83% +0.95
XNTK SS SPDR Nyse Tech ETF Reduce -14.0% 9.19% +1.14

Portfolio Buys Q2 2025 → Q3 2025
ITOT iShares Core S&P Total U.S. Add +1.5% 11.42% +2.41
B Barrick Mining Corp. New 0.01% +0.01
PRLB Proto Labs Inc. New 0.01% +0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 95$4.4BSPDW, XNTK, ITOT, EFV, IDEV
Q1 2026 106$4.8BSPDW, ITOT, XNTK, EFV, IDEV
Q4 2025Amended 104$4.8BSPDW, ITOT, XNTK, EFV, IDEV
Q3 2025Amended 106$3.9BSPDW, ITOT, XNTK, EFV, IDEV
Q2 2025 107$4.5BSPDW, ITOT, XNTK, FNDF, EFV
Q1 2025 108$3.8BXLRE, DVYE, RIO, SNA, ITOT
Q4 2024 106$4.4BSPDW, ITOT, FNDF, XNTK, EFV
Q3 2024 116$4.1BSPDW, ITOT, FNDF, XNTK, EFV
Q2 2024 115$3.8BSPDW, ITOT, FNDF, XNTK, EFV
Q1 2024 113$3.8BSPDW, ITOT, FNDF, XNTK, EFV