| RGA Reinsurance Group of America | 9.50% | 164,550 | $33.8M | No change |
| ACGL Arch Capital Group Ltd. | 9.09% | 320,120 | $32.3M | No change |
| PRI Primerica Inc. | 8.83% | 132,700 | $31.4M | Add +8.2% |
| BRO Brown & Brown Inc. | 8.19% | 325,450 | $29.1M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 7.79% | 106,725 | $27.7M | No change |
| RNR Renaissancere Holdings Ltd. | 7.56% | 120,270 | $26.9M | No change |
| AFL Aflac Inc. | 7.43% | 295,800 | $26.4M | No change |
| AIG American International Group | 7.29% | 349,000 | $25.9M | No change |
| CB Chubb Ltd. | 6.87% | 95,750 | $24.4M | No change |
| AMP Ameriprise Financial Inc. | 6.70% | 55,700 | $23.8M | No change |
| RJF Raymond James Financial Inc. | 5.27% | 151,500 | $18.7M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 4.86% | 219,921 | $17.3M | No change |
| RLI Rli Corp. | 3.96% | 100,146 | $14.1M | No change |
| FAF First American Financial | 2.04% | 134,350 | $7.2M | No change |
| FNF Fidelity National Financial | 1.87% | 134,500 | $6.6M | No change |
| LMND Lemonade Inc. | 1.14% | 245,000 | $4.0M | No change |
| HISCOX LTD. | 0.64% | 156,758 | $2.3M | Add +1.7% |
| JPM JPMorgan Chase & Co. | 0.54% | 9,550 | $1.9M | No change |
| SKWD Skyward Specialty Insurance | 0.15% | 15,000 | $543K | No change |
| FG F&G Annuities & Life Inc. | 0.08% | 7,785 | $296K | No change |
| SIGI Selective Insurance Group | 0.08% | 3,000 | $281K | No change |
| SAFT Safety Insurance Group Inc. | 0.08% | 3,700 | $278K | No change |
| DGICA Donegal Group Inc. Class A | 0.02% | 5,192 | $67K | No change |