Securian Asset Management, Inc.

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 1, 2026), Securian Asset Management, Inc. reported 925 stock positions worth $2.5 billion. Its top holding was Vanguard S&P 500 ETF (VOO) at 5.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.1%) and Nvidia (NVDA, 4.6%). Compared with Q4 2025, it opened 14 new positions, sold out of 16, added to 238 and reduced 318. The biggest buy was a new position in Vertiv Class A (VRT) and the biggest sale iShares Core S&P 500 ETF (IVV, shares −15%).

Most Recent 13F
Q2 2026
Location
ST PAUL, MN
CIK
0001035350
Portfolio Value
$2.5B (Q1 2026)
SEC Filing
0001104659-26-053425 ↗ filed May 1, 2026

Holdings Value

0$1.0B$2.0B$3.0B$4.0B Q1 2024: $3.4B Q1 2024 Q2 2024: $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 $2.5B Q1 2026 Q2 2026: $2.8B Q2 2026

Holdings 925 stocks · $2.5B
VOO Vanguard S&P 500 ETF 5.69% 240,471 $143.7M Reduce -0.3%
IVV iShares Core S&P 500 ETF 5.15% 199,170 $130.1M Reduce -15.1%
NVDA Nvidia Corp. 4.55% 659,220 $115.0M Reduce -0.2%
AAPL Apple Inc. 4.00% 398,276 $101.1M Reduce -0.9%
HDV iShares Core High Dividend E 3.83% 713,802 $96.9M Reduce -5.4%
USMV iShares MSCI USA Min Vol Fac 3.07% 837,287 $77.6M Reduce -3.8%
MSFT Microsoft Corp. 2.95% 201,446 $74.6M Reduce -0.3%
EFAV iShares MSCI Eafe Min Vol Fa 2.54% 702,769 $64.2M Reduce -12.1%
AMZN Amazon.com Inc. 2.18% 265,011 $55.2M Add +0.2%
SPLV Invesco S&P 500 Low Volatili 2.00% 690,000 $50.5M No change
SCHD Schwab US DVD Equity ETF 1.92% 1,581,000 $48.5M No change
GOOGL Alphabet Inc. Class A 1.80% 157,942 $45.4M Reduce -0.2%
AVGO Broadcom Inc. 1.58% 128,623 $39.8M Add +0.2%
GOOG Alphabet Inc. Class C 1.44% 126,871 $36.4M Add +0.3%
META Meta Platforms Inc. Class A 1.34% 59,335 $33.9M Add +0.2%
TSLA Tesla Inc. 1.12% 76,297 $28.4M Reduce -0.1%
BRK.B Berkshire Hathaway Inc. Class B 0.94% 49,747 $23.8M Reduce -0.2%
USIG iShares Broad Usd Investment 0.89% 439,717 $22.5M No change
JPM JPMorgan Chase & Co. 0.85% 73,144 $21.5M Reduce -1.2%
SPY SS SPDR S&P 500 ETF Trust-US 0.85% 33,000 $21.5M Reduce -4.3%
IDV iShares International Select 0.84% 500,000 $21.3M No change
LLY Eli Lilly & Co. 0.78% 21,494 $19.8M Reduce -0.5%
IDEV iShares Core MSCI Dev MKTS 0.78% 236,229 $19.7M No change
XOM Exxon Mobil Corp. 0.76% 113,369 $19.2M Reduce -1.1%
JNJ Johnson & Johnson 0.63% 65,377 $16.0M Reduce -0.2%
WMT Walmart Inc. 0.58% 118,919 $14.8M Reduce -0.3%
NEAR iShares SH Dba ETF Usd Inc. 0.57% 283,620 $14.4M No change
EEMV iShares MSCI Emg MKT Min Vol 0.55% 215,206 $13.9M Reduce -15.0%
V Visa Inc. Class A 0.55% 45,605 $13.8M Reduce -0.6%
COST Costco Wholesale Corp. 0.48% 12,051 $12.0M No change
MA Mastercard Inc. Class A 0.44% 22,094 $11.0M Reduce -0.9%
NFLX Netflix Inc. 0.44% 114,540 $11.0M Reduce -0.6%
EWG iShares MSCI Germany ETF 0.42% 265,791 $10.5M Reduce -10.4%
CVX Chevron Corp. 0.42% 50,853 $10.5M Reduce -1.2%
ABBV Abbvie Inc. 0.41% 47,946 $10.4M Reduce -0.2%
MU Micron Technology Inc. 0.41% 30,522 $10.3M No change
PG The Procter & Gamble Co. 0.36% 63,046 $9.1M Reduce -0.8%
PLTR Palantir Technologies Inc. Class A 0.36% 61,970 $9.1M Reduce -0.2%
AMD Advanced Micro Devices 0.36% 44,269 $9.0M No change
CAT Caterpillar Inc. 0.35% 12,623 $8.9M Reduce -0.8%
HD Home Depot Inc. 0.35% 27,066 $8.9M No change
BAC Bank of America Corp. filed as BANK AMERICA CORP 0.35% 180,009 $8.8M Reduce -1.5%
IAGG iShares Intl Aggregate Bond 0.34% 174,026 $8.7M Add +4.4%
DVYE iShares Emerging Markets Div 0.34% 250,000 $8.6M No change
CSCO Cisco Systems Inc. 0.33% 107,156 $8.3M No change
SPEM State Street SP PTF Em ETF 0.33% 177,060 $8.3M Reduce -0.2%
MRK Merck & Co. Inc. 0.32% 67,333 $8.1M Reduce -0.2%
GE General Electric filed as GE AEROSPACE 0.32% 28,453 $8.1M Reduce -0.8%
KO The Coca-Cola Co. 0.32% 105,026 $8.0M Reduce -0.2%
AMAT Applied Materials Inc. 0.29% 21,533 $7.4M Reduce -0.6%
LRCX Lam Research Corp. 0.29% 33,877 $7.2M Reduce -0.8%
RTX RTX Corp. 0.28% 36,358 $7.0M Reduce -0.3%
PM Philip Morris International 0.28% 42,228 $7.0M Reduce -0.2%
GS Goldman Sachs Group Inc. 0.27% 8,156 $6.9M No change
ORCL Oracle Corp. 0.27% 46,002 $6.8M Add +0.6%
WFC Wells Fargo & Co. 0.26% 83,897 $6.7M Reduce -1.7%
UNH Unitedhealth Group Inc. 0.26% 24,531 $6.6M Reduce -0.4%
GEV GE Vernova Inc. 0.25% 7,312 $6.4M Reduce -0.9%
LIN Linde PLC 0.25% 12,697 $6.3M No change
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.24% 25,317 $6.1M Reduce -0.4%
MCD McDonald's Corp. 0.24% 19,365 $6.0M No change
PEP Pepsico Inc. 0.23% 37,075 $5.8M Reduce -0.3%
VZ Verizon Communications Inc. 0.23% 114,400 $5.7M Reduce -0.2%
INTC Intel Corp. 0.22% 127,375 $5.6M Add +4.5%
T AT&T Inc. 0.22% 189,914 $5.5M Reduce -1.5%
C Citigroup Inc. 0.21% 47,406 $5.4M Reduce -2.6%
MS Morgan Stanley 0.21% 32,637 $5.4M Reduce -0.6%
KLAC KLA Corp. 0.21% 3,573 $5.3M No change
NEE Nextera Energy Inc. 0.21% 56,497 $5.2M Reduce -0.2%
AMGN Amgen Inc. 0.20% 14,642 $5.2M No change
TMO Thermo Fisher Scientific Inc. 0.20% 10,216 $5.0M No change
ABT Abbott Laboratories 0.19% 47,172 $4.8M Reduce -0.2%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.19% 30,125 $4.8M Reduce -0.5%
TXN Texas Instruments Inc. 0.19% 24,607 $4.8M Reduce -0.4%
CRM Salesforce Inc. 0.19% 25,419 $4.7M Reduce -1.8%
GILD Gilead Sciences Inc. 0.19% 33,636 $4.7M Reduce -0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.18% 48,058 $4.6M Reduce -1.0%
USHY iShares Broad Usd High Yield 0.18% 122,086 $4.5M Reduce -3.8%
ISRG Intuitive Surgical Inc. 0.18% 9,640 $4.4M No change
AXP American Express Co. 0.17% 14,510 $4.4M Reduce -0.7%
COP Conocophillips 0.17% 33,236 $4.4M Reduce -1.1%
PFE Pfizer Inc. 0.17% 154,244 $4.3M Reduce -0.2%
SCHW Schwab (charles) Corp. 0.17% 45,313 $4.3M Reduce -0.2%
BA The Boeing Co. 0.17% 21,292 $4.2M No change
ADI Analog Devices Inc. 0.17% 13,256 $4.2M Reduce -0.9%
APH Amphenol Corp. Class A 0.17% 33,284 $4.2M No change
UBER Uber Technologies Inc. 0.16% 55,833 $4.0M Reduce -1.2%
UNP Union Pacific Corp. 0.15% 16,129 $3.9M No change
HON Honeywell International Inc. 0.15% 17,263 $3.9M No change
DE Deere & Co. 0.15% 6,836 $3.9M No change
ETN Eaton Corp. PLC 0.15% 10,561 $3.8M No change
BLK BlackRock Inc. 0.15% 3,924 $3.8M No change
WELL Welltower Inc. 0.15% 18,929 $3.7M Add +1.8%
QCOM Qualcomm Inc. 0.15% 28,946 $3.7M Reduce -0.6%
BKNG Booking Holdings Inc. 0.15% 877 $3.7M No change
LOW Lowe's Cos Inc. 0.14% 15,250 $3.6M No change
SPGI S&P Global Inc. 0.14% 8,302 $3.5M Reduce -1.5%
PANW Palo Alto Networks Inc. 0.14% 21,922 $3.5M Add +18.1%
ANET Arista Networks Inc. 0.14% 27,978 $3.4M Reduce -0.4%
BMY Bristol-Myers Squibb Co. 0.13% 55,246 $3.4M Reduce -0.2%

Show all 925 holdings

Portfolio Sells Q4 2025 → Q1 2026
IVV iShares Core S&P 500 ETF Reduce -15.1% 5.15% −0.94
MSFT Microsoft Corp. Reduce -0.3% 2.95% −0.75
TSLA Tesla Inc. Reduce -0.1% 1.12% −0.18
AAPL Apple Inc. Reduce -0.9% 4.00% −0.14
NVDA Nvidia Corp. Reduce -0.2% 4.55% −0.12
LLY Eli Lilly & Co. Reduce -0.5% 0.78% −0.10
GOOGL Alphabet Inc. Class A Reduce -0.2% 1.80% −0.08
EFAV iShares MSCI Eafe Min Vol Fa Reduce -12.1% 2.54% −0.07
CRM Salesforce Inc. Reduce -1.8% 0.19% −0.07
V Visa Inc. Class A Reduce -0.6% 0.55% −0.06
EEMV iShares MSCI Emg MKT Min Vol Reduce -15.0% 0.55% −0.06
EWG iShares MSCI Germany ETF Reduce -10.4% 0.42% −0.06
PLTR Palantir Technologies Inc. Class A Reduce -0.2% 0.36% −0.06
JPM JPMorgan Chase & Co. Reduce -1.2% 0.85% −0.05
VOO Vanguard S&P 500 ETF Reduce -0.3% 5.69% −0.05
BSX Boston Scientific Corp. Reduce -0.3% 0.10% −0.05
MA Mastercard Inc. Class A Reduce -0.9% 0.44% −0.05
UNH Unitedhealth Group Inc. Reduce -0.4% 0.26% −0.05
ADBE Adobe Inc. Reduce -2.2% 0.11% −0.04
IBM Intl Business Machines Corp. Reduce -0.4% 0.24% −0.04
SPY SS SPDR S&P 500 ETF Trust-US Reduce -4.3% 0.85% −0.04
QCOM Qualcomm Inc. Reduce -0.6% 0.15% −0.04
ACN Accenture PLC Class A Reduce -1.0% 0.13% −0.04
WFC Wells Fargo & Co. Reduce -1.7% 0.26% −0.04
COF Capital One Financial Corp. Reduce -1.9% 0.12% −0.04
BAC Bank of America Corp. Reduce -1.5% 0.35% −0.03
USMV iShares MSCI USA Min Vol Fac Reduce -3.8% 3.07% −0.03
ABT Abbott Laboratories Reduce -0.2% 0.19% −0.03
CIEN Ciena Corp. Reduce -62.7% 0.06% −0.03
COHR Coherent Corp. Reduce -55.6% 0.05% −0.03
AXP American Express Co. Reduce -0.7% 0.17% −0.03
CMA Comerica Inc. Sold out 0.00% −0.03
SPGI S&P Global Inc. Reduce -1.5% 0.14% −0.03
FYBR Frontier Communications Pare Sold out 0.00% −0.03
DIS The Walt Disney Co. Reduce -1.0% 0.18% −0.03
ECHO Echostar Corp. Class A Reduce -62.8% 0.02% −0.02
KKR KKR & Co. Inc. Reduce -0.5% 0.07% −0.02
CADE Cadence Bank Sold out 0.00% −0.02
PNFP Pinnacle Financial Partners Sold out 0.00% −0.02
AMCR Amcor PLC Sold out 0.00% −0.02
ADP Automatic Data Processing Reduce -0.9% 0.09% −0.02
SNV Synovus Financial Corp. Sold out 0.00% −0.02
WDAY Workday Inc. Class A Reduce -2.1% 0.03% −0.02
LITE Lumentum Holdings Inc. Reduce -62.3% 0.05% −0.02
UBER Uber Technologies Inc. Reduce -1.2% 0.16% −0.02
GE General Electric Reduce -0.8% 0.32% −0.02
APO Apollo Global Management Inc. Reduce -0.8% 0.06% −0.01
PGR Progressive Corp. Reduce -0.6% 0.12% −0.01
PYPL PayPal Holdings Inc. Reduce -1.8% 0.04% −0.01
DAY Dayforce Inc. Sold out 0.00% −0.01

Portfolio Buys Q4 2025 → Q1 2026
VRT Vertiv Holdings Co. Class A New 0.10% +0.10
SNDK Sandisk Corp. Add +8.3% 0.10% +0.07
INTC Intel Corp. Add +4.5% 0.22% +0.05
AEIS Advanced Energy Industries New 0.04% +0.04
SOLS Solstice Adv Materials Inc. New 0.04% +0.04
FTI Technipfmc PLC Add +1.1% 0.08% +0.03
TTMI TTM Technologies New 0.03% +0.03
IAGG iShares Intl Aggregate Bond Add +4.4% 0.34% +0.03
EQIX Equinix Inc. Add +0.8% 0.10% +0.03
ARWR Arrowhead Pharmaceuticals Inc. New 0.03% +0.03
Q Qnity Electronics Inc. New 0.03% +0.03
AHR American Healthcare REIT Inc. New 0.02% +0.02
MOG.A Moog Inc. Class A New 0.02% +0.02
CTRE Caretrust REIT Inc. New 0.02% +0.02
IDCC Interdigital Inc. New 0.02% +0.02
XPO Xpo Inc. Add +1.2% 0.07% +0.02
SITM Sitime Corp. New 0.02% +0.02
CASY Casey's General Stores Inc. Add +0.8% 0.08% +0.02
MTZ Mastec Inc. Add +0.7% 0.06% +0.02
OVV Ovintiv Inc. Add +10.8% 0.05% +0.02
PR Permian Resources Corp. Class A Add +7.8% 0.05% +0.02
BROS Dutch Bros Inc. Class A New 0.02% +0.02
WELL Welltower Inc. Add +1.8% 0.15% +0.02
CW Curtiss-Wright Corp. Add +1.1% 0.07% +0.02
ENTG Entegris Inc. Add +1.4% 0.05% +0.02
NXT Nextpower Inc. Add +1.4% 0.05% +0.02
UTHR United Therapeutics Corp. Add +1.1% 0.07% +0.02
MKSI MKS Inc. Add +2.0% 0.05% +0.02
DOW Dow Inc. Add +0.7% 0.03% +0.01
ATI Ati Inc. Add +1.1% 0.06% +0.01
SARO Standardaero Inc. New 0.01% +0.01
FITB Fifth Third Bancorp Add +35.6% 0.04% +0.01
DAR Darling Ingredients Inc. Add +1.1% 0.03% +0.01
AEP American Electric Power Add +0.8% 0.08% +0.01
FANG Diamondback Energy Inc. Add +4.1% 0.04% +0.01
AA Alcoa Corp. Add +1.1% 0.05% +0.01
ETR Entergy Corp. Add +1.1% 0.05% +0.01
MTSI Macom Technology Solutions H Add +2.1% 0.04% +0.01
BWXT BWX Technologies Inc. Add +1.7% 0.05% +0.01
RBC RBC Bearings Inc. Add +1.6% 0.05% +0.01
RRX Regal Rexnord Corp. Add +2.1% 0.04% +0.01
VICR Vicor Corp. New 0.01% +0.01
NVT Nvent Electric PLC Add +1.2% 0.06% +0.01
ROIV Roivant Sciences Ltd. Add +4.1% 0.04% +0.01
TEX Terex Corp. Add +75.5% 0.02% +0.01
PANW Palo Alto Networks Inc. Add +18.1% 0.14% +0.01
FN Fabrinet Add +1.1% 0.05% +0.01
LSCC Lattice Semiconductor Corp. Add +1.1% 0.04% +0.01
CHRD Chord Energy Corp. Add +2.5% 0.02% +0.01
DINO HF Sinclair Corp. Add +1.1% 0.03% +0.01

Notes & Other Activity Q4 2025 → Q1 2026
FG F&G Annuities & Life Inc. COMMON STOCK Sold out 0 $9before exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

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