Securian Asset Management, Inc.

In its 13F for Q2 2024 (holdings as of June 30, 2024, filed July 15, 2024), Securian Asset Management, Inc. reported 927 stock positions worth $3.4 billion. Its top holding was Microsoft (MSFT) at 5.6% of the portfolio, followed by Nvidia (NVDA, 5.1%) and Apple (AAPL, 5.1%). Compared with Q1 2024, it opened 15 new positions, sold out of 15, added to 26 and reduced 828. The biggest buy was a new position in CrowdStrike Class A (CRWD) and the biggest sale iShares MSCI Eafe Min Vol Fa (EFAV, shares −5%).

Most Recent 13F
Q2 2026
Location
ST PAUL, MN
CIK
0001035350
Portfolio Value
$3.4B (Q2 2024)
SEC Filing
0001104659-24-079715 ↗ filed Jul 15, 2024

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.4B Q1 2024 Q2 2024: $3.4B $3.4B Q2 2024 Q3 2024: $3.5B Q3 2024 Q4 2024: $3.4B Q4 2024 Q1 2025: $3.3B Q1 2025 Q2 2025: $3.5B Q2 2025 Q3 2025: $3.8B Q3 2025 Q4 2025: $2.6B Q4 2025 Q1 2026: $2.5B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 927 stocks · $3.4B
MSFT Microsoft Corp. 5.57% 427,365 $191.0M Reduce -2.4%
NVDA Nvidia Corp. 5.10% 1,414,428 $174.7M Reduce -2.8%
AAPL Apple Inc. 5.09% 828,821 $174.6M Reduce -3.1%
AMZN Amazon.com Inc. 2.97% 526,584 $101.8M Reduce -2.2%
USMV iShares MSCI USA Min Vol Fac 2.89% 1,178,962 $99.0M Reduce -4.3%
HDV iShares Core High Dividend E 2.84% 893,702 $97.1M Reduce -2.4%
EFAV iShares MSCI Eafe Min Vol Fa 2.15% 1,063,248 $73.7M Reduce -4.5%
META Meta Platforms Inc. Class A 1.85% 126,011 $63.5M Reduce -2.8%
GOOGL Alphabet Inc. Class A 1.80% 337,759 $61.5M Reduce -2.7%
GOOG Alphabet Inc. Class C 1.50% 280,994 $51.5M Reduce -3.3%
SPLV Invesco S&P 500 Low Volatili 1.31% 690,000 $44.8M No change
BRK.B Berkshire Hathaway Inc. Class B 1.24% 104,098 $42.3M Reduce -2.9%
IVV iShares Core S&P 500 ETF 1.23% 77,260 $42.3M No change
LLY Eli Lilly & Co. 1.21% 45,906 $41.6M Reduce -2.3%
SCHD Schwab US DVD Equity ETF 1.20% 527,000 $41.0M No change
AVGO Broadcom Inc. 1.17% 25,049 $40.2M Reduce -3.4%
VOO Vanguard S&P 500 ETF 1.01% 69,198 $34.6M Reduce -2.7%
JPM JPMorgan Chase & Co. 0.97% 165,123 $33.4M Reduce -3.0%
TSLA Tesla Inc. 0.92% 159,542 $31.6M Reduce -2.2%
XOM Exxon Mobil Corp. 0.87% 257,944 $29.7M Add +10.3%
UNH Unitedhealth Group Inc. 0.79% 52,923 $27.0M Reduce -2.9%
V Visa Inc. Class A 0.69% 90,515 $23.8M Reduce -2.8%
PG The Procter & Gamble Co. 0.65% 135,709 $22.4M Reduce -2.1%
COST Costco Wholesale Corp. 0.63% 25,503 $21.7M Reduce -2.4%
MA Mastercard Inc. Class A 0.61% 47,209 $20.8M Reduce -2.9%
JNJ Johnson & Johnson 0.59% 138,386 $20.2M Reduce -2.4%
EEMV iShares MSCI Emg MKT Min Vol 0.58% 347,420 $19.9M No change
SPY SS SPDR S&P 500 ETF Trust-US 0.57% 36,170 $19.7M No change
HD Home Depot Inc. 0.57% 56,986 $19.6M Reduce -2.8%
MRK Merck & Co. Inc. 0.53% 145,638 $18.0M Reduce -2.4%
ABBV Abbvie Inc. 0.51% 101,538 $17.4M Reduce -2.4%
NFLX Netflix Inc. 0.49% 24,778 $16.7M Reduce -2.8%
WMT Walmart Inc. 0.49% 245,626 $16.6M Reduce -2.6%
USIG iShares Broad Usd Investment 0.47% 323,017 $16.2M Add +1.5%
NEAR iShares SH Dba ETF Usd Inc. 0.47% 318,620 $16.0M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.45% 391,220 $15.6M Reduce -3.5%
CVX Chevron Corp. 0.45% 98,554 $15.4M Reduce -3.5%
AMD Advanced Micro Devices 0.44% 92,939 $15.1M Reduce -2.3%
CRM Salesforce Inc. 0.42% 55,848 $14.4M Reduce -2.0%
ADBE Adobe Inc. 0.42% 25,761 $14.3M Reduce -3.2%
KO The Coca-Cola Co. 0.41% 222,940 $14.2M Reduce -2.7%
IDV iShares International Select 0.40% 500,000 $13.8M No change
EWG iShares MSCI Germany ETF 0.40% 448,182 $13.7M No change
PEP Pepsico Inc. 0.38% 79,050 $13.0M Reduce -2.4%
ORCL Oracle Corp. 0.38% 91,664 $12.9M Reduce -2.4%
QCOM Qualcomm Inc. 0.37% 64,286 $12.8M Reduce -2.2%
TMO Thermo Fisher Scientific Inc. 0.35% 21,950 $12.1M Reduce -3.5%
LIN Linde PLC 0.35% 27,642 $12.1M Reduce -3.2%
WFC Wells Fargo & Co. 0.35% 200,466 $11.9M Reduce -5.4%
AMAT Applied Materials Inc. 0.33% 47,776 $11.3M Reduce -2.5%
IDEV iShares Core MSCI Dev MKTS 0.32% 169,029 $11.1M Reduce -7.7%
CSCO Cisco Systems Inc. 0.32% 232,831 $11.1M Reduce -2.7%
ACN Accenture PLC Class A 0.32% 36,153 $11.0M Reduce -2.1%
INTU Intuit Inc. 0.31% 16,089 $10.6M Reduce -2.4%
MCD McDonald's Corp. 0.31% 41,440 $10.6M Reduce -3.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.30% 104,826 $10.4M Reduce -3.0%
ABT Abbott Laboratories 0.30% 100,029 $10.4M Reduce -2.2%
TXN Texas Instruments Inc. 0.30% 52,353 $10.2M Reduce -2.3%
GE General Electric filed as GE AEROSPACE 0.29% 62,940 $10.0M Reduce -1.8%
VZ Verizon Communications Inc. 0.29% 242,035 $10.0M Reduce -2.3%
AMGN Amgen Inc. 0.28% 30,845 $9.6M Reduce -2.1%
DHR Danaher Corp. 0.28% 37,904 $9.5M Reduce -2.1%
NOW ServiceNow Inc. 0.27% 11,928 $9.4M Reduce -1.2%
CAT Caterpillar Inc. 0.27% 28,121 $9.4M Reduce -6.2%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.27% 52,820 $9.1M Reduce -2.0%
ISRG Intuitive Surgical Inc. 0.27% 20,500 $9.1M Reduce -1.2%
PFE Pfizer Inc. 0.27% 325,833 $9.1M Reduce -2.0%
PM Philip Morris International 0.26% 89,387 $9.1M Reduce -2.2%
CMCSA Comcast Corp. Class A 0.26% 225,069 $8.8M Reduce -3.6%
UBER Uber Technologies Inc. 0.25% 120,149 $8.7M Reduce -0.9%
GS Goldman Sachs Group Inc. 0.24% 18,542 $8.4M Reduce -3.5%
MU Micron Technology Inc. 0.24% 63,673 $8.4M Reduce -2.1%
NEE Nextera Energy Inc. 0.24% 118,136 $8.4M Reduce -2.2%
SPGI S&P Global Inc. 0.24% 18,406 $8.2M Reduce -2.7%
LRCX Lam Research Corp. 0.24% 7,623 $8.1M Reduce -1.3%
HON Honeywell International Inc. 0.23% 37,443 $8.0M Reduce -3.6%
UNP Union Pacific Corp. 0.23% 35,082 $7.9M Reduce -2.3%
T AT&T Inc. 0.23% 412,291 $7.9M Reduce -2.1%
BKNG Booking Holdings Inc. 0.23% 1,951 $7.7M Reduce -5.1%
COP Conocophillips 0.22% 67,248 $7.7M Reduce -3.1%
RTX RTX Corp. 0.22% 76,447 $7.7M Reduce -2.2%
INTC Intel Corp. 0.22% 244,781 $7.6M Reduce -1.7%
AXP American Express Co. 0.22% 32,674 $7.6M Reduce -3.0%
LOW Lowe's Cos Inc. 0.21% 32,901 $7.3M Reduce -2.9%
ELV Elevance Health Inc. 0.21% 13,364 $7.2M Reduce -3.4%
ETN Eaton Corp. PLC 0.21% 22,988 $7.2M Reduce -2.3%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.21% 65,119 $7.2M Reduce -3.0%
SPEM State Street SP PTF Em ETF 0.21% 189,460 $7.1M No change
PGR Progressive Corp. 0.20% 33,677 $7.0M Reduce -2.3%
MS Morgan Stanley 0.20% 71,954 $7.0M Reduce -2.5%
C Citigroup Inc. 0.20% 109,679 $7.0M Reduce -2.1%
VRTX Vertex Pharmaceuticals Inc. 0.20% 14,795 $6.9M Reduce -2.5%
DVYE iShares Emerging Markets Div 0.20% 250,000 $6.8M No change
SYK Stryker Corp. 0.19% 19,475 $6.6M Reduce -2.2%
BSX Boston Scientific Corp. 0.19% 84,536 $6.5M Reduce -2.0%
ADI Analog Devices Inc. 0.19% 28,515 $6.5M Reduce -2.4%
REGN Regeneron Pharmaceuticals 0.19% 6,147 $6.5M Reduce -1.1%
KLAC KLA Corp. 0.19% 7,802 $6.4M Reduce -2.8%
BLK BlackRock Finance Inc. 0.19% 8,111 $6.4M Reduce -1.2%
SCHW Schwab (charles) Corp. 0.18% 85,843 $6.3M Reduce -2.1%

Show all 927 holdings

Portfolio Sells Q1 2024 → Q2 2024
EFAV iShares MSCI Eafe Min Vol Fa Reduce -4.5% 2.15% −0.16
USMV iShares MSCI USA Min Vol Fac Reduce -4.3% 2.89% −0.13
HDV iShares Core High Dividend E Reduce -2.4% 2.84% −0.12
PXD Pioneer Natural Resources Co. Sold out 0.00% −0.11
INTC Intel Corp. Reduce -1.7% 0.22% −0.10
HD Home Depot Inc. Reduce -2.8% 0.57% −0.09
BRK.B Berkshire Hathaway Inc. Class B Reduce -2.9% 1.24% −0.09
CRM Salesforce Inc. Reduce -2.0% 0.42% −0.08
DIS The Walt Disney Co. Reduce -3.0% 0.30% −0.08
MA Mastercard Inc. Class A Reduce -2.9% 0.61% −0.08
V Visa Inc. Class A Reduce -2.8% 0.69% −0.07
JNJ Johnson & Johnson Reduce -2.4% 0.59% −0.07
AMD Advanced Micro Devices Reduce -2.3% 0.44% −0.06
ACN Accenture PLC Class A Reduce -2.1% 0.32% −0.06
MRK Merck & Co. Inc. Reduce -2.4% 0.53% −0.05
BMY Bristol-Myers Squibb Co. Reduce -2.7% 0.14% −0.05
CVS CVS Health Corp. Reduce -2.6% 0.12% −0.05
CAT Caterpillar Inc. Reduce -6.2% 0.27% −0.05
ABBV Abbvie Inc. Reduce -2.4% 0.51% −0.05
MCD McDonald's Corp. Reduce -3.0% 0.31% −0.05
NKE Nike Inc. Class B Reduce -2.8% 0.15% −0.04
LOW Lowe's Cos Inc. Reduce -2.9% 0.21% −0.04
CMCSA Comcast Corp. Class A Reduce -3.6% 0.26% −0.04
GE General Electric Reduce -1.8% 0.29% −0.04
ABT Abbott Laboratories Reduce -2.2% 0.30% −0.04
IDEV iShares Core MSCI Dev MKTS Reduce -7.7% 0.32% −0.04
IBM Intl Business Machines Corp. Reduce -2.0% 0.27% −0.04
PEP Pepsico Inc. Reduce -2.4% 0.38% −0.04
LIN Linde PLC Reduce -3.2% 0.35% −0.03
COP Conocophillips Reduce -3.1% 0.22% −0.03
TMO Thermo Fisher Scientific Inc. Reduce -3.5% 0.35% −0.03
PLD Prologis Inc. Reduce -2.2% 0.17% −0.03
LH Laboratory CRP of Amer Hldgs Sold out 0.00% −0.03
SBUX Starbucks Corp. Reduce -2.3% 0.15% −0.03
SWAV Shockwave Medical Inc. Sold out 0.00% −0.03
CSCO Cisco Systems Inc. Reduce -2.7% 0.32% −0.03
UNP Union Pacific Corp. Reduce -2.3% 0.23% −0.03
TGT Target Corp. Reduce -2.2% 0.11% −0.03
CI The Cigna Group Reduce -5.2% 0.16% −0.03
JPM JPMorgan Chase & Co. Reduce -3.0% 0.97% −0.03
MPC Marathon Petroleum Corp. Reduce -6.5% 0.10% −0.03
MDT Medtronic PLC Reduce -2.5% 0.18% −0.02
SHW The Sherwin-Williams Co. Reduce -3.1% 0.12% −0.02
CVX Chevron Corp. Reduce -3.5% 0.45% −0.02
DE Deere & Co. Reduce -3.0% 0.16% −0.02
PYPL PayPal Holdings Inc. Reduce -4.7% 0.10% −0.02
SLB SLB Ltd. Reduce -2.2% 0.11% −0.02
PCAR Paccar Inc. Reduce -2.2% 0.09% −0.02
PSX Phillips 66 Reduce -3.8% 0.10% −0.02
EL Estee Lauder Companies Class A Reduce -2.7% 0.04% −0.02

Portfolio Buys Q1 2024 → Q2 2024
CRWD CrowdStrike Holdings Inc. Class A New 0.15% +0.15
KKR KKR & Co. Inc. New 0.12% +0.12
XOM Exxon Mobil Corp. Add +10.3% 0.87% +0.07
BMRN Biomarin Pharmaceutical Inc. New 0.04% +0.04
SRPT Sarepta Therapeutics Inc. New 0.03% +0.03
RBA RB Global Inc. New 0.03% +0.03
TPL Texas Pacific Land Corp. New 0.03% +0.03
CPAY Corpay Inc. New 0.03% +0.03
PANW Palo Alto Networks Inc. Add +0.2% 0.18% +0.03
COO The Cooper Cos Inc. New 0.03% +0.03
DUOL Duolingo New 0.02% +0.02
WELL Welltower Inc. Add +5.5% 0.10% +0.02
AAON Aaon Inc. New 0.01% +0.01
RYAN Ryan Specialty Holdings Inc. New 0.01% +0.01
NXT Nextpower Inc. New 0.01% +0.01
ALTR Altair Engineering Inc. Class A New 0.01% +0.01
WMG Warner Music Group Corp. Class A New 0.01% +0.01
SPMD SS SPDR P S&P 400 Midcap ETF Add +400.0% 0.01% +0.01
ALTM Arcadium Lithium PLC New 0.01% +0.01
DLR Digital Realty Trust Inc. Add +4.5% 0.08% +0.01
CHRD Chord Energy Corp. Add +45.1% 0.02% +0.01
SNX TD Synnex Corp. Add +32.8% 0.02% +0.01
NI Nisource Inc. Add +5.9% 0.02% +0.00
ILMN Illumina Inc. Add +36.3% 0.04% +0.00
EQT Eqt Corp. Add +4.8% 0.03% +0.00
ONB Old National Bancorp Add +4.7% 0.01% +0.00
AES AES Corp. Add +3.6% 0.02% +0.00
FLG New York Community Bancorp Add +4.7% 0.01% +0.00
TXNM TXNM Energy Inc. Add +3.2% 0.01% +0.00
XRAY Dentsply Sirona Inc. Add +33.4% 0.01% 0.00
USIG iShares Broad Usd Investment Add +1.5% 0.47% −0.00
PR Permian Resources Corp. Class A Add +8.0% 0.02% −0.00
O Realty Income Corp. Add +2.2% 0.08% −0.00
CIVI Civitas Resources Inc. Add +4.5% 0.01% −0.00
PARAA Paramount Global Class B Add +0.0% 0.01% −0.00
MTDR Matador Resources Co. Add +1.9% 0.02% −0.00
CYTK Cytokinetics Inc. Add +13.4% 0.01% −0.00
KVUE Kenvue Inc. Add +8.5% 0.06% −0.01
BRKR Bruker Corp. Add +2.3% 0.01% −0.01
AON Aon PLC Class A Add +6.2% 0.11% −0.01
DXCM Dexcom Inc. Add +0.7% 0.08% −0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 926$2.8BVOO, IVV, NVDA, AAPL, HDV
Q1 2026 925$2.5BVOO, IVV, NVDA, AAPL, HDV
Q4 2025 927$2.6BIVV, VOO, NVDA, AAPL, MSFT
Q3 2025 928$3.8BNVDA, IVV, MSFT, AAPL, AMZN
Q2 2025 929$3.5BNVDA, MSFT, AAPL, AMZN, HDV
Q1 2025 929$3.3BAAPL, MSFT, NVDA, HDV, USMV
Q4 2024 926$3.4BAAPL, NVDA, MSFT, AMZN, HDV
Q3 2024 922$3.5BAAPL, MSFT, NVDA, HDV, USMV
Q2 2024 927$3.4BMSFT, NVDA, AAPL, AMZN, USMV
Q1 2024 925$3.4BMSFT, AAPL, NVDA, USMV, HDV