| PGR Progressive Corp. | 8.70% | 28,034 | $7.5M | Add +60.0% |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 7.88% | 92,206 | $6.8M | Add +100.0% |
| HIG Hartford Insurance Group Inc. | 6.59% | 44,643 | $5.7M | No change |
| EQH Equitable Holdings Inc. | 6.55% | 100,349 | $5.6M | Add +11.8% |
| TRV The Travelers Cos Inc. | 6.24% | 20,043 | $5.4M | Add +70.8% |
| LNC Lincoln National Corp. | 6.20% | 154,110 | $5.3M | New |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 4.52% | 12,141 | $3.9M | Reduce -50.0% |
| CRBG Corebridge Financial Inc. | 4.43% | 107,187 | $3.8M | Add +58.0% |
| MRSH Marsh & McLennan Cos | 4.38% | 17,221 | $3.8M | No change |
| ACGL Arch Capital Group Ltd. | 3.91% | 36,920 | $3.4M | No change |
| PLMR Palomar Holdings Inc. | 3.56% | 19,845 | $3.1M | No change |
| AVGO Broadcom Inc. | 3.53% | 11,000 | $3.0M | No change |
| AIG American International Group | 3.26% | 32,742 | $2.8M | No change |
| EG Everest Group Ltd. | 2.60% | 6,568 | $2.2M | No change |
| XOM Exxon Mobil Corp. | 2.49% | 19,850 | $2.1M | No change |
| MSFT Microsoft Corp. | 2.34% | 4,042 | $2.0M | No change |
| BX Blackstone Inc. | 2.30% | 13,201 | $2.0M | No change |
| ORLY O'reilly Automotive Inc. | 1.89% | 18,000 | $1.6M | No change |
| HG Hamilton Insurance Grou Class B | 1.86% | 73,891 | $1.6M | No change |
| UBER Uber Technologies Inc. | 1.85% | 17,000 | $1.6M | No change |
| IGIC International General Insura filed as INTL GNRL INSURANCE HLDNGS L | 1.66% | 59,267 | $1.4M | No change |
| GOOG Alphabet Inc. Class C | 1.49% | 7,200 | $1.3M | No change |
| JPM JPMorgan Chase & Co. | 1.43% | 4,253 | $1.2M | No change |
| MS Morgan Stanley | 1.40% | 8,550 | $1.2M | No change |
| AMZN Amazon.com Inc. | 1.23% | 4,809 | $1.1M | No change |
| HD Home Depot Inc. | 1.07% | 2,500 | $917K | No change |
| SYK Stryker Corp. | 0.99% | 2,160 | $855K | No change |
| ABT Abbott Laboratories | 0.94% | 5,918 | $805K | No change |
| NVDA Nvidia Corp. | 0.82% | 4,484 | $708K | New |
| UNP Union Pacific Corp. | 0.80% | 2,985 | $687K | No change |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 0.79% | 49,324 | $677K | No change |
| MDT Medtronic PLC | 0.74% | 7,313 | $637K | No change |
| EPD Enterprise Products Partners | 0.59% | 16,271 | $505K | No change |
| DDI Doubledown Interactive -ADR | 0.58% | 52,000 | $498K | New |
| PLGO Pelagos Insurance Capital LT filed as FIDELIS INSURANCE HOLDINGS L | 0.41% | 21,422 | $355K | No change |