Cherokee Insurance Co

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 7, 2025), Cherokee Insurance Co reported 118 stock positions worth $233.4 million. Its top holding was Apple (AAPL) at 5.9% of the portfolio, followed by Microsoft (MSFT, 4.5%) and International Paper (IP, 4.0%). Compared with Q2 2025, it opened 4 new positions, sold out of 8, added to 5 and reduced 20. The biggest buy was Southern Copper (SCCO, shares +1%) and the biggest sale an exit from Can Imperial BK of Commerce (CM).

Most Recent 13F
Q2 2026
Location
STERLING HEIGHTS, MI
CIK
0002077903
Portfolio Value
$233.4M (Q3 2025)
SEC Filing
0002077903-25-000001 ↗ filed Nov 7, 2025

Holdings Value

0$100.0M$200.0M$300.0M Q4 2024: $220.7M Q4 2024 Q1 2025: $226.3M Q1 2025 Q2 2025: $229.2M Q2 2025 Q3 2025: $233.4M $233.4M Q3 2025 Q4 2025: $246.7M Q4 2025 Q1 2026: $263.5M Q1 2026 Q2 2026: $259.1M Q2 2026

Holdings 118 stocks · $233.4M
AAPL Apple Inc. 5.88% 53,900 $13.7M No change
MSFT Microsoft Corp. 4.49% 20,225 $10.5M No change
IP International Paper Co. 4.04% 203,400 $9.4M No change
CVX Chevron Corp. 3.68% 55,299 $8.6M No change
LLY Eli Lilly & Co. 3.53% 10,800 $8.2M No change
MPC Marathon Petroleum Corp. 3.43% 41,558 $8.0M No change
JPM JPMorgan Chase & Co. 3.24% 24,010 $7.6M Reduce -9.4%
CSX CSX Corp. 3.10% 204,000 $7.2M No change
UMH Umh Properties Inc. filed as UMH PPTYS INC 2.48% 389,995 $5.8M Add +2.9%
OKE Oneok Inc. 2.45% 78,515 $5.7M No change
XOM Exxon Mobil Corp. 2.34% 48,400 $5.5M No change
NSC Norfolk Southern Corp. 2.25% 17,500 $5.3M No change
UNP Union Pacific Corp. 2.23% 22,000 $5.2M No change
FDX FedEx Corp. 2.10% 20,750 $4.9M No change
EMN Eastman Chemical Co. 1.95% 72,300 $4.6M Add +10.7%
COP Conocophillips 1.87% 46,200 $4.4M No change
AZO AutoZone Inc. 1.84% 1,000 $4.3M Reduce -16.7%
VLO Valero Energy Corp. 1.67% 22,850 $3.9M No change
FHN First Horizon Corp. 1.65% 170,000 $3.8M No change
ED Consolidated Edison Inc. 1.61% 37,400 $3.8M Reduce -15.0%
EPD Enterprise Products Partners 1.61% 120,000 $3.8M No change
HCA HCA Healthcare Inc. 1.48% 8,100 $3.5M Reduce -19.8%
BRK.B Berkshire Hathaway Inc. Class B 1.42% 6,600 $3.3M No change
META Meta Platforms Inc. Class A 1.42% 4,500 $3.3M No change
KNX Knight-Swift Transportation 1.41% 83,420 $3.3M No change
PFE Pfizer Inc. 1.39% 126,947 $3.2M No change
CINF Cincinnati Financial Corp. 1.22% 18,000 $2.8M Reduce -10.0%
CP Canadian Pacific Kansas City 1.21% 38,068 $2.8M No change
BTI British American Tob-SP ADR 1.21% 53,176 $2.8M Reduce -10.1%
ORI Old Republic Intl Corp. 1.20% 66,000 $2.8M Reduce -19.5%
LOW Lowe's Cos Inc. 1.13% 10,500 $2.6M No change
MS Morgan Stanley 1.09% 16,000 $2.5M No change
PSX Phillips 66 1.06% 18,150 $2.5M No change
ABBV Abbvie Inc. 0.99% 10,000 $2.3M No change
MO Altria Group Inc. 0.94% 33,139 $2.2M Reduce -20.8%
UNH Unitedhealth Group Inc. 0.86% 5,800 $2.0M No change
HD Home Depot Inc. 0.82% 4,700 $1.9M No change
SHEL Shell PLC-ADR 0.78% 25,439 $1.8M No change
NUE Nucor Corp. 0.76% 13,100 $1.8M No change
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.76% 16,230 $1.8M Reduce -19.8%
AEP American Electric Power 0.72% 15,000 $1.7M No change
WMB Williams Cos Inc. 0.67% 24,729 $1.6M No change
CAT Caterpillar Inc. 0.66% 3,250 $1.6M Reduce -11.0%
TSM Taiwan Semiconductor-SP ADR 0.66% 5,510 $1.5M No change
FE Firstenergy Corp. 0.65% 33,000 $1.5M No change
SCCO Southern Copper Corp. 0.62% 11,868 $1.4M Add +1.0%
BMY Bristol-Myers Squibb Co. 0.59% 30,600 $1.4M No change
UPS United Parcel Service Class B 0.58% 16,250 $1.4M Add +10.2%
DUK Duke Energy Corp. 0.57% 10,700 $1.3M No change
KMI Kinder Morgan Inc. 0.55% 45,000 $1.3M No change
MRK Merck & Co. Inc. 0.52% 14,498 $1.2M No change
BA The Boeing Co. 0.51% 5,550 $1.2M No change
NVDA Nvidia Corp. 0.48% 6,000 $1.1M No change
LSTR Landstar System Inc. 0.48% 9,100 $1.1M No change
FCX Freeport-McMoran Inc. 0.45% 26,700 $1.0M No change
HSBC HSBC Holdings PLC-Spons ADR filed as HSBC HLDGS PLC 0.41% 13,545 $961K No change
PM Philip Morris International 0.41% 5,900 $957K Reduce -14.5%
AZN Astrazeneca PLC-Spons ADR 0.39% 12,000 $921K No change
STX Seagate Technology Holdings 0.39% 3,900 $921K No change
WMT Walmart Inc. 0.37% 8,400 $866K Reduce -20.0%
CNI Canadian Natl Railway Co. 0.36% 9,000 $849K No change
SO The Southern Co. 0.36% 8,800 $834K Reduce -20.0%
BNS Bank of Nova Scotia filed as BANK NOVA SCOTIA HALIFAX 0.35% 12,760 $825K No change
VMC Vulcan Materials Co. 0.34% 2,600 $800K Reduce -10.3%
AMZN Amazon.com Inc. 0.34% 3,600 $790K No change
TSCO Tractor Supply Company 0.31% 12,700 $722K Reduce -20.6%
BP BP PLC-Spons ADR 0.29% 19,854 $684K No change
HTLD Heartland Express Inc. 0.29% 81,560 $683K No change
GOOG Alphabet Inc. Class C 0.29% 2,800 $682K No change
XPO Xpo Inc. 0.28% 5,000 $646K No change
INTC Intel Corp. 0.27% 19,000 $637K No change
ODFL Old Dominion Freight Line 0.27% 4,500 $634K Add +28.6%
VZ Verizon Communications Inc. 0.27% 14,300 $628K No change
TSLA Tesla Inc. 0.27% 1,400 $623K No change
WERN Werner Enterprises Inc. 0.26% 23,056 $607K No change
LRCX Lam Research Corp. 0.26% 4,500 $603K No change
MU Micron Technology Inc. 0.26% 3,600 $602K No change
JBHT Hunt (jb) Transprt SVCS Inc. 0.25% 4,300 $577K No change
ENB Enbridge Inc. 0.25% 11,413 $576K No change
STZ Constellation Brands Inc. Class A 0.24% 4,200 $566K No change
MCD McDonald's Corp. 0.23% 1,800 $547K Reduce -10.0%
ETR Entergy Corp. 0.22% 5,600 $522K No change
CSCO Cisco Systems Inc. 0.21% 7,300 $499K Reduce -19.8%
EQNR Equinor ASA-Spon ADR 0.20% 18,944 $462K No change
NVS Novartis AG-Sponsored ADR 0.19% 3,500 $449K No change
CX Cemex Sab-Spons ADR Part Cer 0.19% 49,000 $441K No change
NI Nisource Inc. 0.19% 10,000 $433K No change
PPL PPL Corp. 0.18% 11,500 $427K Reduce -19.6%
PBF PBF Energy Inc. Class A 0.16% 12,700 $383K No change
CHRW C.H. Robinson Worldwide Inc. 0.15% 2,600 $344K No change
SNY Sanofi-ADR 0.15% 7,213 $340K No change
T AT&T Inc. 0.15% 12,000 $339K No change
CMI Cummins Inc. 0.14% 800 $338K No change
BF.A Brown-Forman Corp. Class A 0.14% 12,000 $323K No change
MT Arcelormittal-NY Registered 0.13% 8,699 $314K No change
MDLZ Mondelez International Inc. Class A 0.13% 5,000 $312K No change
RY Royal Bank of Canada 0.13% 2,091 $308K No change
DOW Dow Inc. 0.13% 13,391 $307K No change
DD Dupont DE Nemours Inc. 0.13% 3,920 $305K No change
PLD Prologis Inc. 0.13% 2,665 $305K No change
SPH Suburban Propane Partners LP 0.13% 16,000 $298K No change
HUBG Hub Group Inc. Class A 0.12% 8,000 $276K No change
DE Deere & Co. 0.12% 600 $274K No change
KO The Coca-Cola Co. 0.12% 4,100 $272K No change
BHP BHP Group Ltd.-Spon ADR 0.11% 4,700 $262K No change
KEY Keycorp 0.10% 13,000 $243K No change
LMT Lockheed Martin Corp. 0.10% 484 $242K No change
SNDR Schneider National Inc. Class B 0.10% 11,400 $241K No change
MCO Moody's Corp. 0.10% 500 $238K Reduce -23.1%
NEM Newmont Corp. 0.09% 2,500 $211K New
ELV Elevance Health Inc. 0.09% 650 $210K No change
FR First Industrial Realty TR 0.09% 4,000 $206K New
LVS Las Vegas Sands Corp. 0.09% 3,800 $204K New
VTRS Viatris Inc. 0.06% 15,006 $149K No change
DOUG Douglas Elliman Inc. 0.06% 50,708 $145K Reduce -37.6%
NOK Nokia Corp.-Spon ADR 0.06% 28,000 $135K No change
UWMC Uwm Holdings Corp. 0.04% 16,000 $97K No change
WEN The Wendy's Co. 0.04% 10,000 $92K New

Portfolio Sells Q2 2025 → Q3 2025
CM Can Imperial BK of Commerce Sold out 0.00% −0.57
TD Toronto-Dominion Bank Sold out 0.00% −0.33
ED Consolidated Edison Inc. Reduce -15.0% 1.61% −0.32
HCA HCA Healthcare Inc. Reduce -19.8% 1.48% −0.21
ORI Old Republic Intl Corp. Reduce -19.5% 1.20% −0.17
KR Kroger Co. Sold out 0.00% −0.17
GEV GE Vernova Inc. Sold out 0.00% −0.15
BMO Bank of Montreal Sold out 0.00% −0.14
MAR Marriott International Class A Sold out 0.00% −0.14
PM Philip Morris International Reduce -14.5% 0.41% −0.14
MO Altria Group Inc. Reduce -20.8% 0.94% −0.13
JPM JPMorgan Chase & Co. Reduce -9.4% 3.24% −0.11
WELL Welltower Inc. Sold out 0.00% −0.11
HON Honeywell International Inc. Sold out 0.00% −0.11
AZO AutoZone Inc. Reduce -16.7% 1.84% −0.11
SO The Southern Co. Reduce -20.0% 0.36% −0.08
CINF Cincinnati Financial Corp. Reduce -10.0% 1.22% −0.08
WMT Walmart Inc. Reduce -20.0% 0.37% −0.08
CSCO Cisco Systems Inc. Reduce -19.8% 0.21% −0.06
TSCO Tractor Supply Company Reduce -20.6% 0.31% −0.06
BNY Bank of New York Mellon Corp. Reduce -19.8% 0.76% −0.05
MCO Moody's Corp. Reduce -23.1% 0.10% −0.04
PPL PPL Corp. Reduce -19.6% 0.18% −0.03
MCD McDonald's Corp. Reduce -10.0% 0.23% −0.02
DOUG Douglas Elliman Inc. Reduce -37.6% 0.06% −0.02
BTI British American Tob-SP ADR Reduce -10.1% 1.21% −0.01
VMC Vulcan Materials Co. Reduce -10.3% 0.34% +0.01
CAT Caterpillar Inc. Reduce -11.0% 0.66% +0.05

Portfolio Buys Q2 2025 → Q3 2025
SCCO Southern Copper Corp. Add +1.0% 0.62% +0.10
NEM Newmont Corp. New 0.09% +0.09
FR First Industrial Realty TR New 0.09% +0.09
LVS Las Vegas Sands Corp. New 0.09% +0.09
WEN The Wendy's Co. New 0.04% +0.04
ODFL Old Dominion Freight Line Add +28.6% 0.27% +0.02
UPS United Parcel Service Class B Add +10.2% 0.58% −0.07
EMN Eastman Chemical Co. Add +10.7% 1.95% −0.17
UMH Umh Properties Inc. Add +2.9% 2.48% −0.30

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 124$259.1MAAPL, LLY, CSX, IP, JPM
Q1 2026 121$263.5MAAPL, CVX, LLY, MPC, FDX
Q4 2025 121$246.7MAAPL, LLY, MSFT, IP, CVX
Q3 2025 118$233.4MAAPL, MSFT, IP, CVX, LLY
Q2 2025 122$229.2MAAPL, MSFT, IP, LLY, CVX
Q1 2025 123$226.3MAAPL, IP, CVX, LLY, OKE
Q4 2024 120$220.7MAAPL, IP, MSFT, LLY, CVX