State Farm Mutual Automobile Insurance Co.

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), State Farm Mutual Automobile Insurance Co. reported 122 stock positions worth $109.8 billion. Its top holding was Eli Lilly (LLY) at 8.9% of the portfolio, followed by Caterpillar (CAT, 5.9%) and Apple (AAPL, 5.9%). Compared with Q3 2024, it opened 14 new positions, added to 1 and reduced 11. The biggest buy was a new position in Vanguard S&P 500 ETF (VOO) and the biggest sale Nucor (NUE, shares −0%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IL
CIK
0000315032
Portfolio Value
$109.8B (Q4 2024)
SEC Filing
0000315032-25-000050 ↗ filed Feb 12, 2025

Holdings Value

0$50.0B$100.0B$150.0B Q1 2024: $111.1B Q1 2024 Q2 2024: $110.8B Q2 2024 Q3 2024: $115.2B Q3 2024 Q4 2024: $109.8B $109.8B Q4 2024 Q1 2025: $108.9B Q1 2025 Q2 2025: $113.1B Q2 2025 Q3 2025: $119.9B Q3 2025 Q4 2025: $127.3B Q4 2025 Q1 2026: $126.9B Q1 2026 Q2 2026: $146.1B Q2 2026

Holdings 122 stocks · $109.8B
LLY Eli Lilly & Co. 8.89% 12,646,138 $9.8B No change
CAT Caterpillar Inc. 5.86% 17,734,370 $6.4B No change
AAPL Apple Inc. 5.85% 25,661,032 $6.4B No change
ITW Illinois Tool Works 4.86% 21,029,900 $5.3B No change
MSFT Microsoft Corp. 4.17% 10,868,911 $4.6B No change
JNJ Johnson & Johnson 4.17% 31,675,492 $4.6B No change
APD Air Products & Chemicals Inc. 3.23% 12,237,335 $3.5B Reduce -0.5%
WMT Walmart Inc. 3.23% 39,249,150 $3.5B No change
XOM Exxon Mobil Corp. 2.99% 30,520,300 $3.3B No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.98% 29,429,100 $3.3B Reduce -2.3%
WFC Wells Fargo & Co. 2.76% 43,210,993 $3.0B Reduce -0.8%
NUE Nucor Corp. 2.60% 24,496,294 $2.9B Reduce -0.3%
PG The Procter & Gamble Co. 2.41% 15,800,799 $2.6B No change
ZTS Zoetis Inc. 2.38% 16,011,510 $2.6B Reduce -0.2%
VMC Vulcan Materials Co. 2.26% 9,647,060 $2.5B Reduce -0.2%
ADM Archer-Daniels-Midland Co. 2.15% 46,796,552 $2.4B No change
GOOGL Alphabet Inc. Class A 1.86% 10,777,820 $2.0B No change
CVX Chevron Corp. 1.76% 13,334,215 $1.9B No change
INTU Intuit Inc. 1.75% 3,058,534 $1.9B No change
ASML ASML Holding NV-NY Reg SHS 1.74% 2,758,173 $1.9B No change
ABT Abbott Laboratories 1.40% 13,587,118 $1.5B No change
PFE Pfizer Inc. 1.32% 54,508,560 $1.4B No change
MRK Merck & Co. Inc. 1.25% 13,794,969 $1.4B No change
MKC McCormick & Co.-Non VTG SHRS 1.16% 16,715,600 $1.3B No change
DE Deere & Co. 1.14% 2,951,534 $1.3B No change
KO The Coca-Cola Co. 1.03% 18,227,000 $1.1B No change
META Meta Platforms Inc. Class A 1.03% 1,923,525 $1.1B No change
ADP Automatic Data Processing 1.00% 3,741,745 $1.1B No change
ABBV Abbvie Inc. 0.96% 5,962,359 $1.1B Reduce -0.4%
MMM 3M Co. 0.96% 8,178,500 $1.1B No change
ADT Adt Inc. 0.84% 133,333,333 $921.3M No change
KLAC KLA Corp. 0.82% 1,420,145 $894.9M No change
GATX Gatx Corp. 0.79% 5,623,742 $871.5M Reduce -0.7%
TXN Texas Instruments Inc. 0.75% 4,402,785 $825.6M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.71% 4,122,590 $775.1M No change
ATR Aptargroup Inc. 0.68% 4,744,564 $745.4M No change
EMR Emerson Electric Co. 0.66% 5,838,867 $723.6M No change
AMGN Amgen Inc. 0.64% 2,715,656 $707.8M No change
UNP Union Pacific Corp. 0.63% 3,018,016 $688.2M No change
GE General Electric filed as GE AEROSPACE 0.61% 3,987,464 $665.1M No change
GLW Corning Inc. 0.60% 13,919,847 $661.5M Reduce -0.8%
RIO Rio Tinto PLC-Spon ADR 0.59% 10,931,820 $642.9M No change
PEP Pepsico Inc. 0.58% 4,160,441 $632.6M No change
DCI Donaldson Co. Inc. 0.57% 9,286,852 $625.5M No change
ANET Arista Networks Inc. 0.57% 5,619,228 $621.1M No change
CL Colgate-Palmolive Co. 0.56% 6,730,570 $611.9M No change
RNR Renaissancere Holdings Ltd. 0.54% 2,399,303 $597.0M No change
T AT&T Inc. 0.50% 24,147,315 $549.8M No change
INTC Intel Corp. 0.49% 26,736,304 $536.1M No change
NVO Novo-Nordisk A/S-Spons ADR 0.48% 6,142,778 $528.4M No change
A Agilent Technologies Inc. 0.47% 3,825,278 $513.9M No change
HGTY Hagerty Inc. Class A 0.46% 51,800,000 $499.9M No change
AMZN Amazon.com Inc. 0.45% 2,246,620 $492.9M No change
NTRS Northern Trust Corp. 0.41% 4,409,919 $452.0M No change
CTVA Corteva Inc. 0.40% 7,634,624 $434.9M No change
GOOG Alphabet Inc. Class C 0.36% 2,099,766 $399.9M No change
UL Unilever PLC 0.36% 6,887,758 $390.5M No change
VZ Verizon Communications Inc. 0.35% 9,710,284 $388.3M No change
DUK Duke Energy Corp. 0.35% 3,569,308 $384.6M No change
V Visa Inc. Class A 0.33% 1,158,711 $366.2M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.29% 3,821,419 $323.1M No change
USB US Bancorp 0.29% 6,719,795 $321.4M No change
MDT Medtronic PLC 0.26% 3,622,141 $289.3M No change
HP Helmerich & Payne 0.24% 8,257,200 $264.4M No change
SYY Sysco Corp. 0.24% 3,443,431 $263.3M No change
CTRA Coterra Energy Inc. 0.23% 9,706,118 $247.9M No change
K Kellanova 0.18% 2,416,261 $195.6M No change
DOW Dow Inc. 0.18% 4,816,352 $193.3M No change
BAX Baxter International Inc. 0.17% 6,225,060 $181.5M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.16% 168,458 $177.6M No change
ECL Ecolab Inc. 0.16% 745,584 $174.7M No change
ADBE Adobe Inc. 0.15% 377,702 $168.0M No change
HNI Hni Corp. 0.15% 3,259,255 $164.2M No change
SOLV Solventum Corp. 0.12% 2,069,279 $136.7M No change
VCIT Vanguard Int-Term Corporate 0.12% 1,612,000 $129.4M No change
WST West Pharmaceutical Services 0.12% 388,239 $127.2M No change
SHEL Shell PLC-ADR 0.11% 1,858,028 $116.4M No change
BDX Becton Dickinson and Co. 0.10% 508,249 $115.3M No change
CTAS Cintas Corp. 0.10% 614,048 $112.2M No change
GEHC GE Healthcare Technology 0.09% 1,329,153 $103.9M No change
FAST Fastenal Co. 0.09% 1,413,894 $101.7M No change
ENB Enbridge Inc. 0.08% 2,128,637 $90.3M No change
IEX Idex Corp. 0.06% 335,939 $70.3M No change
BHP BHP Group Ltd.-Spon ADR 0.06% 1,348,932 $65.9M No change
APH Amphenol Corp. Class A 0.05% 837,852 $58.2M No change
PPG PPG Industries Inc. 0.05% 458,725 $54.8M No change
MTD Mettler-Toledo International 0.05% 41,482 $50.8M No change
GGG Graco Inc. 0.04% 535,086 $45.1M No change
WAT Waters Corp. 0.04% 121,095 $44.9M No change
ISRG Intuitive Surgical Inc. 0.04% 85,617 $44.7M No change
NDSN Nordson Corp. 0.04% 186,321 $39.0M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.03% 680,000 $35.0M No change
LRCX Lam Research Corp. 0.03% 455,360 $32.9M No change
SSD Simpson Manufacturing Co. Inc. 0.03% 181,873 $30.2M No change
VCSH Vanguard S/T Corp. Bond ETF 0.02% 325,593 $25.4M Add +0.0%
TECH Bio-Techne Corp. 0.02% 321,384 $23.1M No change
IGSB iShares 1-5Y Inv Grade Corp. 0.01% 295,500 $15.3M No change
VETZ Academy Veteran Bond ETF-Usd 0.01% 771,000 $15.2M No change
ILMN Illumina Inc. 0.01% 77,782 $10.4M No change
EXAS Exact Sciences Corp. 0.01% 170,500 $9.6M No change
GWRE Guidewire Software Inc. 0.01% 49,900 $8.4M No change
SLB SLB Ltd. filed as SCHLUMBERGER LTD 0.01% 214,532 $8.2M No change
AMD Advanced Micro Devices 0.01% 66,102 $8.0M No change
WDS Woodside Energy Group-ADR 0.01% 487,503 $7.6M No change
NE Noble Corp. PLC 0.01% 236,813 $7.4M Reduce -20.0%
VAL Valaris Ltd. 0.00% 58,965 $2.6M Reduce -20.0%
VOO Vanguard S&P 500 ETF 0.00% 3,271 $1.8M New
OGN Organon & Co. 0.00% 117,000 $1.7M No change
AMAT Applied Materials Inc. 0.00% 6,000 $976K No change
GOVT iShares US Treasury Bond ETF 0.00% 13,939 $320K New
IEFA iShares Core MSCI Eafe ETF 0.00% 4,386 $308K New
IEMG iShares Core MSCI Emerging 0.00% 1,938 $101K New
SCHA Schwab US Small-Cap ETF 0.00% 3,223 $83K New
USIG iShares Broad Usd Investment 0.00% 1,578 $79K New
VYM Vanguard High DVD Yield ETF 0.00% 386 $49K New
VYMI Vanguard Int High DVD YLD Inc. 0.00% 418 $28K New
SCHP Schwab U.S. Tips ETF 0.00% 618 $16K New
FLOT iShares Floating Rate Bond E 0.00% 234 $12K New
VTEB Vanguard Tax-Exempt Bond ETF 0.00% 150 $8K New
EMB iShares JP Morgan Usd Emergi 0.00% 81 $7K New
USHY iShares Broad Usd High Yield 0.00% 149 $5K New
SUB iShares Short-Term National 0.00% 13 $1K New

Portfolio Sells Q3 2024 → Q4 2024
NUE Nucor Corp. Reduce -0.3% 2.60% −0.60
ZTS Zoetis Inc. Reduce -0.2% 2.38% −0.34
ABBV Abbvie Inc. Reduce -0.4% 0.96% −0.06
NE Noble Corp. PLC Reduce -20.0% 0.01% −0.00
VAL Valaris Ltd. Reduce -20.0% 0.00% −0.00
GLW Corning Inc. Reduce -0.8% 0.60% +0.05
APD Air Products & Chemicals Inc. Reduce -0.5% 3.23% +0.05
GATX Gatx Corp. Reduce -0.7% 0.79% +0.14
VMC Vulcan Materials Co. Reduce -0.2% 2.26% +0.16
DIS The Walt Disney Co. Reduce -2.3% 2.98% +0.47
WFC Wells Fargo & Co. Reduce -0.8% 2.76% +0.63

Portfolio Buys Q3 2024 → Q4 2024
VOO Vanguard S&P 500 ETF New 0.00% +0.00
VCSH Vanguard S/T Corp. Bond ETF Add +0.0% 0.02% +0.00
GOVT iShares US Treasury Bond ETF New 0.00% +0.00
IEFA iShares Core MSCI Eafe ETF New 0.00% +0.00
USIG iShares Broad Usd Investment New 0.00% +0.00
IEMG iShares Core MSCI Emerging New 0.00% +0.00
SCHA Schwab US Small-Cap ETF New 0.00% +0.00
SUB iShares Short-Term National New 0.00% 0.00
EMB iShares JP Morgan Usd Emergi New 0.00% 0.00
FLOT iShares Floating Rate Bond E New 0.00% 0.00
USHY iShares Broad Usd High Yield New 0.00% 0.00
SCHP Schwab U.S. Tips ETF New 0.00% 0.00
VYM Vanguard High DVD Yield ETF New 0.00% 0.00
VYMI Vanguard Int High DVD YLD Inc. New 0.00% 0.00
VTEB Vanguard Tax-Exempt Bond ETF New 0.00% 0.00

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 107$146.1BCAT, LLY, JNJ, AAPL, ITW
Q1 2026 113$126.9BCAT, LLY, JNJ, AAPL, ITW
Q4 2025 115$127.3BLLY, CAT, JNJ, AAPL, ITW
Q3 2025 115$119.9BLLY, CAT, AAPL, JNJ, ITW
Q2 2025 120$113.1BLLY, CAT, MSFT, ITW, AAPL
Q1 2025 122$108.9BLLY, CAT, AAPL, JNJ, ITW
Q4 2024 122$109.8BLLY, CAT, AAPL, ITW, MSFT
Q3 2024 108$115.2BLLY, CAT, AAPL, ITW, JNJ
Q2 2024 124$110.8BLLY, CAT, AAPL, ITW, MSFT
Q1 2024 123$111.1BLLY, CAT, ITW, JNJ, NUE