New Vernon Investment Management LLC
In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 15, 2025), New Vernon Investment Management LLC reported 36 stock positions worth $74.8 million. Its top holding was Arthur J Gallagher (AJG) at 11.2% of the portfolio, followed by Hartford Insurance (HIG, 7.4%) and Progressive (PGR, 6.6%). Compared with Q4 2024, it opened 1 new position, sold out of 2, added to 16 and reduced 14. The biggest buy was Hartford Insurance (HIG, shares +1686%) and the biggest sale Enterprise Products Partners (EPD, shares −90%).
- Most Recent 13F
- Q2 2026
- Location
- Highland Park, IL
- CIK
- 0001500605
- Portfolio Value
- $74.8M (Q1 2025)
- SEC Filing
- 0001512538-25-000004 ↗ filed May 15, 2025
Holdings Value
Holdings 36 stocks · $74.8M
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 11.21% | 24,282 | $8.4M | Reduce -67.1% |
| HIG Hartford Insurance Group Inc. | 7.39% | 44,643 | $5.5M | Add +1685.7% |
| PGR Progressive Corp. | 6.63% | 17,517 | $5.0M | Add +396.9% |
| EQH Equitable Holdings Inc. | 6.26% | 89,799 | $4.7M | Add +1267.2% |
| MRSH Marsh & McLennan Cos | 5.62% | 17,221 | $4.2M | Add +135.5% |
| ACGL Arch Capital Group Ltd. | 4.75% | 36,920 | $3.6M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 4.39% | 46,103 | $3.3M | Add +249.2% |
| TRV The Travelers Cos Inc. | 4.15% | 11,735 | $3.1M | Add +293.1% |
| AIG American International Group | 3.81% | 32,742 | $2.8M | No change |
| PLMR Palomar Holdings Inc. | 3.64% | 19,845 | $2.7M | Add +13.3% |
| EG Everest Group Ltd. | 3.19% | 6,568 | $2.4M | Reduce -66.9% |
| MET Metlife Inc. | 3.18% | 29,613 | $2.4M | Add +632.6% |
| XOM Exxon Mobil Corp. | 3.16% | 19,850 | $2.4M | Add +1140.6% |
| CRBG Corebridge Financial Inc. | 2.87% | 67,858 | $2.1M | Add +317.1% |
| BX Blackstone Inc. | 2.47% | 13,201 | $1.8M | Add +20.0% |
| AVGO Broadcom Inc. | 2.46% | 11,000 | $1.8M | Reduce -87.5% |
| ORLY O'reilly Automotive Inc. | 2.30% | 1,200 | $1.7M | Reduce -81.9% |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 2.09% | 59,267 | $1.6M | Add +1293.5% |
| HG Hamilton Insurance Grou Class B | 2.05% | 73,891 | $1.5M | Add +65.5% |
| MSFT Microsoft Corp. | 2.03% | 4,042 | $1.5M | Reduce -52.7% |
| UBER Uber Technologies Inc. | 1.66% | 17,000 | $1.2M | New |
| GOOG Alphabet Inc. Class C | 1.50% | 7,200 | $1.1M | No change |
| JPM JPMorgan Chase & Co. | 1.40% | 4,253 | $1.0M | Reduce -96.2% |
| MS Morgan Stanley | 1.33% | 8,550 | $998K | Reduce -69.0% |
| HD Home Depot Inc. | 1.23% | 2,500 | $916K | Reduce -95.8% |
| AMZN Amazon.com Inc. | 1.22% | 4,809 | $915K | No change |
| SYK Stryker Corp. | 1.08% | 2,160 | $804K | Reduce -88.8% |
| ABT Abbott Laboratories | 1.05% | 5,918 | $785K | No change |
| UNP Union Pacific Corp. | 0.94% | 2,985 | $705K | Reduce -93.5% |
| TECK Teck Resources Ltd.-CLS B | 0.94% | 19,300 | $703K | Add +64.5% |
| MDT Medtronic PLC | 0.88% | 7,313 | $657K | Reduce -75.3% |
| EPD Enterprise Products Partners | 0.74% | 16,271 | $555K | Reduce -90.1% |
| QCOM Qualcomm Inc. | 0.72% | 3,525 | $541K | Add +63.2% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.68% | 49,324 | $505K | Add +765.3% |
| FDX FedEx Corp. | 0.52% | 1,600 | $390K | Reduce -92.5% |
| PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L | 0.46% | 21,422 | $347K | Reduce -11.8% |
Portfolio Sells Q4 2024 → Q1 2025
| EPD Enterprise Products Partners | Reduce -90.1% | 0.74% | −9.54 |
| PLGO Pelagos Insurance Capital LT | Reduce -11.8% | 0.46% | −8.64 |
| LNC Lincoln National Corp. | Sold out | 0.00% | −4.83 |
| JPM JPMorgan Chase & Co. | Reduce -96.2% | 1.40% | −3.33 |
| UNP Union Pacific Corp. | Reduce -93.5% | 0.94% | −2.62 |
| MDT Medtronic PLC | Reduce -75.3% | 0.88% | −2.32 |
| NXPI NXP Semiconductors NV | Sold out | 0.00% | −1.88 |
| AVGO Broadcom Inc. | Reduce -87.5% | 2.46% | −1.02 |
| HD Home Depot Inc. | Reduce -95.8% | 1.23% | −0.63 |
| FDX FedEx Corp. | Reduce -92.5% | 0.52% | +0.01 |
| SYK Stryker Corp. | Reduce -88.8% | 1.08% | +0.04 |
| EG Everest Group Ltd. | Reduce -66.9% | 3.19% | +0.37 |
| MSFT Microsoft Corp. | Reduce -52.7% | 2.03% | +0.61 |
| MS Morgan Stanley | Reduce -69.0% | 1.33% | +0.96 |
| ORLY O'reilly Automotive Inc. | Reduce -81.9% | 2.30% | +1.38 |
| AJG Arthur J Gallagher & Co. | Reduce -67.1% | 11.21% | +9.36 |
Portfolio Buys Q4 2024 → Q1 2025
| HIG Hartford Insurance Group Inc. | Add +1685.7% | 7.39% | +6.10 |
| PGR Progressive Corp. | Add +396.9% | 6.63% | +5.92 |
| MRSH Marsh & McLennan Cos | Add +135.5% | 5.62% | +4.85 |
| TRV The Travelers Cos Inc. | Add +293.1% | 4.15% | +3.25 |
| EQH Equitable Holdings Inc. | Add +1267.2% | 6.26% | +3.11 |
| XOM Exxon Mobil Corp. | Add +1140.6% | 3.16% | +2.56 |
| CRBG Corebridge Financial Inc. | Add +317.1% | 2.87% | +2.19 |
| UBER Uber Technologies Inc. | New | 1.66% | +1.66 |
| WRB WR Berkley Corp. | Add +249.2% | 4.39% | +1.38 |
| MET Metlife Inc. | Add +632.6% | 3.18% | +0.93 |
| IGIC International General Insura | Add +1293.5% | 2.09% | +0.74 |
| QCOM Qualcomm Inc. | Add +63.2% | 0.72% | −0.30 |
| NU Nu Holdings Ltd./Cayman Isl-A | Add +765.3% | 0.68% | −0.89 |
| BX Blackstone Inc. | Add +20.0% | 2.47% | −0.90 |
| PLMR Palomar Holdings Inc. | Add +13.3% | 3.64% | −1.91 |
| TECK Teck Resources Ltd.-CLS B | Add +64.5% | 0.94% | −2.79 |
| HG Hamilton Insurance Grou Class B | Add +65.5% | 2.05% | −4.40 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 37 | $81.7M | TRV, CB, AON, WRB, AJG |
| Q1 2026 | 39 | $94.2M | XLF, TRV, CB, ACGL, ORI |
| Q4 2025 | 37 | $102.7M | TRV, LNC, RDN, MRSH, WTW |
| Q3 2025 | 40 | $107.2M | WRB, PGR, RDN, LNC, HIG |
| Q2 2025 | 35 | $86.0M | PGR, WRB, HIG, EQH, TRV |
| Q1 2025 | 36 | $74.8M | AJG, HIG, PGR, EQH, MRSH |
| Q4 2024 | 37 | $75.7M | EPD, PLGO, HG, PLMR, LNC |
| Q3 2024 | 39 | $92.9M | PGR, ACGL, HIG, AJG, AIG |
| Q2 2024 | 39 | $77.0M | ACGL, PGR, CRBG, HIG, PRU |
| Q1 2024 | 37 | $117.7M | ACGL, PGR, HIG, PRU, CRBG |