| BRO Brown & Brown Inc. | 9.32% | 272,450 | $33.9M | Reduce -6.8% |
| PRI Primerica Inc. | 9.25% | 118,200 | $33.6M | No change |
| AFL Aflac Inc. | 8.19% | 267,800 | $29.8M | No change |
| RGA Reinsurance Group of America | 7.90% | 145,800 | $28.7M | No change |
| AIG American International Group | 7.64% | 319,500 | $27.8M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 7.38% | 77,725 | $26.8M | Reduce -20.5% |
| CB Chubb Ltd. | 7.23% | 87,000 | $26.3M | No change |
| RNR Renaissancere Holdings Ltd. | 7.18% | 108,770 | $26.1M | No change |
| ACGL Arch Capital Group Ltd. | 7.08% | 267,570 | $25.7M | No change |
| AMP Ameriprise Financial Inc. | 6.50% | 48,850 | $23.6M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 5.68% | 290,381 | $20.7M | No change |
| RJF Raymond James Financial Inc. | 5.07% | 132,750 | $18.4M | No change |
| RLI Rli Corp. | 3.97% | 179,792 | $14.4M | No change |
| FAF First American Financial | 2.41% | 133,550 | $8.8M | No change |
| FNF Fidelity National Financial | 2.39% | 133,500 | $8.7M | No change |
| LMND Lemonade Inc. | 1.67% | 193,250 | $6.1M | No change |
| JPM JPMorgan Chase & Co. | 0.33% | 4,850 | $1.2M | No change |
| HISCOX LTD. | 0.33% | 78,088 | $1.2M | No change |
| SKWD Skyward Specialty Insurance | 0.22% | 15,000 | $794K | No change |
| SAFT Safety Insurance Group Inc. | 0.08% | 3,700 | $292K | No change |
| FG F&G Annuities & Life Inc. | 0.08% | 7,785 | $281K | No change |
| SIGI Selective Insurance Group | 0.08% | 3,000 | $275K | No change |
| DGICA Donegal Group Inc. Class A | 0.03% | 5,192 | $102K | No change |