| RGA Reinsurance Group of America | 8.90% | 164,550 | $31.7M | No change |
| PRI Primerica Inc. | 8.70% | 122,700 | $31.0M | Reduce -7.5% |
| ACGL Arch Capital Group Ltd. | 8.29% | 320,120 | $29.6M | No change |
| BRO Brown & Brown Inc. | 7.99% | 325,450 | $28.5M | No change |
| RNR Renaissancere Holdings Ltd. | 7.92% | 120,270 | $28.3M | No change |
| AIG American International Group | 7.65% | 349,000 | $27.3M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 7.48% | 106,725 | $26.7M | No change |
| AFL Aflac Inc. | 7.12% | 295,800 | $25.4M | No change |
| CB Chubb Ltd. | 6.95% | 95,750 | $24.8M | No change |
| AMP Ameriprise Financial Inc. | 6.85% | 55,700 | $24.4M | No change |
| RJF Raymond James Financial Inc. | 5.45% | 151,500 | $19.5M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 5.45% | 219,921 | $19.4M | No change |
| RLI Rli Corp. | 4.17% | 100,146 | $14.9M | Add +11.1% |
| FAF First American Financial | 2.30% | 134,350 | $8.2M | Add +8.0% |
| FNF Fidelity National Financial | 2.00% | 134,500 | $7.1M | Add +8.0% |
| LMND Lemonade Inc. | 1.13% | 245,000 | $4.0M | No change |
| HISCOX LTD. | 0.68% | 154,143 | $2.4M | No change |
| JPM JPMorgan Chase & Co. | 0.54% | 9,550 | $1.9M | No change |
| SKWD Skyward Specialty Insurance | 0.16% | 15,000 | $561K | No change |
| SIGI Selective Insurance Group | 0.09% | 3,000 | $328K | No change |
| FG F&G Annuities & Life Inc. | 0.09% | 7,785 | $316K | No change |
| SAFT Safety Insurance Group Inc. | 0.09% | 3,700 | $304K | No change |
| DGICA Donegal Group Inc. Class A | 0.02% | 5,192 | $73K | No change |