| PRI Primerica Inc. | 9.12% | 118,200 | $32.8M | No change |
| RGA Reinsurance Group of America | 8.85% | 165,800 | $31.9M | Add +6.4% |
| AFL Aflac Inc. | 8.31% | 267,800 | $29.9M | No change |
| RNR Renaissancere Holdings Ltd. | 7.68% | 108,770 | $27.6M | No change |
| BRO Brown & Brown Inc. | 7.62% | 292,450 | $27.4M | Add +7.3% |
| ACGL Arch Capital Group Ltd. | 7.25% | 287,570 | $26.1M | No change |
| AIG American International Group | 6.97% | 319,500 | $25.1M | No change |
| CB Chubb Ltd. | 6.82% | 87,000 | $24.6M | No change |
| AJG Arthur J Gallagher & Co. filed as GALLAGHER ARTHUR J & CO | 6.69% | 77,725 | $24.1M | No change |
| AMP Ameriprise Financial Inc. | 6.67% | 48,850 | $24.0M | No change |
| RJF Raymond James Financial Inc. | 6.37% | 132,750 | $22.9M | No change |
| WRB WR Berkley Corp. filed as BERKLEY W R CORP | 5.54% | 260,381 | $20.0M | No change |
| RLI Rli Corp. | 3.62% | 199,792 | $13.0M | No change |
| LMND Lemonade Inc. | 2.58% | 173,250 | $9.3M | No change |
| FAF First American Financial | 2.38% | 133,550 | $8.6M | No change |
| FNF Fidelity National Financial | 2.24% | 133,500 | $8.1M | No change |
| JPM JPMorgan Chase & Co. | 0.43% | 4,850 | $1.5M | No change |
| HCXLF Hiscox Ltd. | 0.41% | 80,152 | $1.5M | Add +0.8% |
| SKWD Skyward Specialty Insurance | 0.20% | 15,000 | $713K | No change |
| SAFT Safety Insurance Group Inc. | 0.07% | 3,700 | $262K | No change |
| FG F&G Annuities & Life Inc. | 0.07% | 7,785 | $243K | No change |
| SIGI Selective Insurance Group | 0.07% | 3,000 | $243K | No change |
| DGICA Donegal Group Inc. Class A | 0.03% | 5,192 | $101K | No change |