Security Benefit Life Insurance Co.
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed February 3, 2026), Security Benefit Life Insurance Co. reported 11 stock positions worth $240.0 million. Its top holding was Accelerant Class A (ARX) at 40.0% of the portfolio, followed by Eldridge Aaa Clo ETF (CLOX, 24.0%) and Eldridge BBB-B Clo ETF (CLOZ, 17.9%). Compared with Q3 2025, it added to 1 and reduced 3. The biggest buy was iShares Core S&P 500 ETF (IVV, shares +12%) and the biggest sale iShares Core S&P Midcap ETF (IJH, shares −57%).
- Most Recent 13F
- Q2 2026
- Location
- TOPEKA, KS
- CIK
- 0000869772
- Portfolio Value
- $240.0M (Q4 2025)
- SEC Filing
- 0000869772-26-000002 ↗ filed Feb 3, 2026
Holdings Value
Holdings 11 stocks · $240.0M
| ARX Accelerant Holdings Class A | 39.96% | 5,866,257 | $95.9M | No change |
| CLOX Eldridge Aaa Clo ETF | 24.00% | 2,258,806 | $57.6M | No change |
| CLOZ Eldridge BBB-B Clo ETF | 17.93% | 1,625,576 | $43.0M | No change |
| SEAT Vivid Seats Inc. Class A | 6.58% | 2,192,103 | $15.8M | No change |
| TLT iShares 20+ Year Treasury BD | 3.99% | 110,000 | $9.6M | No change |
| VMBS Vanguard Mortgage-Backed Sec | 1.96% | 100,000 | $4.7M | No change |
| IVV iShares Core S&P 500 ETF | 1.85% | 6,500 | $4.5M | Add +12.1% |
| VEA Vanguard Ftse Developed ETF | 1.80% | 69,200 | $4.3M | Reduce -2.3% |
| GIFT Giftify Inc. | 1.13% | 2,470,479 | $2.7M | Reduce -0.9% |
| VWO Vanguard Ftse Emerging Marke | 0.62% | 27,800 | $1.5M | No change |
| IJH iShares Core S&P Midcap ETF | 0.16% | 5,700 | $376K | Reduce -57.1% |
Other holdings (8): bonds, preferreds, convertibles and warrants · $2.1M (not counted above)
| Security | Class | Shares / Principal | Value | Change |
|---|---|---|---|---|
| EVEX.WS Eve Holdng Inc. -CW25 | *W EXP 05/09/202 | 4,110,193 | $1.9M | No change |
| RGTIW Rigetti Computing -CW27 | *W EXP 03/02/202 | 12,500 | $138K | No change |
| SPWRW Sunpower Inc.-CW27 | *W EXP 07/31/202 | 150,000 | $36K | No change |
| SEATW Vivid Seats Inc. -CW26 | *W EXP 10/18/202 | 325,990 | $10K | No change |
| VEEAW Plum Acquisition I A -CW28 | *W EXP 09/13/202 | 118,032 | $9K | No change |
| BSLKW Golden Arrow Merger A -CW26 | *W EXP 08/13/202 | 297,596 | $5K | No change |
| BNAIW Brand Engagement Netwo -CW27 | *W EXP 03/14/202 | 133,333 | $5K | No change |
| SLXNW Biomotion Sciences-CW29 | *W EXP 08/15/202 | 150,000 | $4K | No change |
Total filed on the 13F, all lines: $242.1M.
Portfolio Sells Q3 2025 → Q4 2025
Portfolio Buys Q3 2025 → Q4 2025
| IVV iShares Core S&P 500 ETF | Add +12.1% | 1.85% | +0.28 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026Amended | 12 | $180.7M | ARX, CLOZ, CLOX, SEAT, TLT |
| Q1 2026 | 11 | $188.5M | ARX, CLOZ, CLOX, SEAT, TLT |
| Q4 2025 | 11 | $240.0M | ARX, CLOX, CLOZ, SEAT, TLT |
| Q3 2025 | 11 | $246.3M | ARX, CLOX, CLOZ, SEAT, TLT |
| Q2 2025 | 11 | $206.9M | VIVID SEATS INC, CLOX, CLOZ, TLT, VMBS |
| Q1 2025 | 11 | $264.8M | VIVID SEATS INC, CLOX, CLOZ, TLT, FIGS |
| Q4 2024 | 11 | $302.5M | VIVID SEATS INC, CLOX, CLOZ, TLT, VMBS |
| Q3 2024 | 12 | $195.6M | VIVID SEATS INC, SRAD, TLT, GIFT, IVV |
| Q2 2024 | 13 | $301.0M | VIVID SEATS INC, SRAD, TLT, IVV, VMBS |
| Q1 2024 | 13 | $316.8M | VIVID SEATS INC, SRAD, TLT, IVV, VEA |