State Farm Mutual Automobile Insurance Co.

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 13, 2025), State Farm Mutual Automobile Insurance Co. reported 122 stock positions worth $108.9 billion. Its top holding was Eli Lilly (LLY) at 9.5% of the portfolio, followed by Caterpillar (CAT, 5.4%) and Apple (AAPL, 5.2%). Compared with Q4 2024, it opened 3 new positions, sold out of 2, added to 15 and reduced 22. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +435%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IL
CIK
0000315032
Portfolio Value
$108.9B (Q1 2025)
SEC Filing
0000315032-25-000056 ↗ filed May 13, 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 Q4 2024 Q1 2025: $108.9B $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 · $108.9B
LLY Eli Lilly & Co. 9.50% 12,526,229 $10.3B Reduce -0.9%
CAT Caterpillar Inc. 5.35% 17,669,440 $5.8B Reduce -0.4%
AAPL Apple Inc. 5.16% 25,290,559 $5.6B Reduce -1.4%
JNJ Johnson & Johnson 4.82% 31,675,492 $5.3B No change
ITW Illinois Tool Works 4.79% 21,029,900 $5.2B No change
MSFT Microsoft Corp. 3.75% 10,868,911 $4.1B No change
XOM Exxon Mobil Corp. 3.33% 30,520,300 $3.6B No change
APD Air Products & Chemicals Inc. 3.27% 12,091,878 $3.6B Reduce -1.2%
WMT Walmart Inc. 3.16% 39,249,150 $3.4B No change
WFC Wells Fargo & Co. 2.74% 41,589,297 $3.0B Reduce -3.8%
NUE Nucor Corp. 2.71% 24,496,294 $2.9B No change
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.51% 27,696,532 $2.7B Reduce -5.9%
PG The Procter & Gamble Co. 2.47% 15,800,799 $2.7B No change
ZTS Zoetis Inc. 2.40% 15,892,903 $2.6B Reduce -0.7%
ADM Archer-Daniels-Midland Co. 2.06% 46,796,552 $2.2B No change
CVX Chevron Corp. 2.05% 13,334,215 $2.2B No change
VMC Vulcan Materials Co. 2.05% 9,554,660 $2.2B Reduce -1.0%
INTU Intuit Inc. 1.72% 3,058,534 $1.9B No change
ASML ASML Holding NV-NY Reg SHS 1.68% 2,758,173 $1.8B No change
ABT Abbott Laboratories 1.66% 13,587,118 $1.8B No change
GOOGL Alphabet Inc. Class A 1.53% 10,777,820 $1.7B No change
PFE Pfizer Inc. 1.27% 54,508,560 $1.4B No change
DE Deere & Co. 1.25% 2,909,316 $1.4B Reduce -1.4%
MKC McCormick & Co.-Non VTG SHRS 1.25% 16,522,728 $1.4B Reduce -1.1%
KO The Coca-Cola Co. 1.20% 18,227,000 $1.3B No change
ABBV Abbvie Inc. 1.15% 5,962,359 $1.2B No change
MRK Merck & Co. Inc. 1.14% 13,794,969 $1.2B No change
MMM 3M Co. 1.08% 7,998,094 $1.2B Reduce -2.2%
ADP Automatic Data Processing 1.03% 3,657,287 $1.1B Reduce -2.3%
META Meta Platforms Inc. Class A 1.01% 1,909,500 $1.1B Reduce -0.7%
ADT Adt Inc. 1.00% 133,333,333 $1.1B No change
KLAC KLA Corp. 0.89% 1,420,145 $965.4M No change
GATX Gatx Corp. 0.79% 5,559,676 $863.3M Reduce -1.1%
AMGN Amgen Inc. 0.78% 2,715,656 $846.1M No change
GE General Electric filed as GE AEROSPACE 0.73% 3,987,464 $798.1M No change
TXN Texas Instruments Inc. 0.73% 4,402,785 $791.2M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.68% 4,122,590 $736.9M No change
UNP Union Pacific Corp. 0.65% 3,018,016 $713.0M No change
ATR Aptargroup Inc. 0.65% 4,744,564 $704.0M No change
T AT&T Inc. 0.63% 24,147,315 $682.9M No change
RIO Rio Tinto PLC-Spon ADR 0.60% 10,931,820 $656.8M No change
EMR Emerson Electric Co. 0.59% 5,838,867 $640.2M No change
GLW Corning Inc. 0.59% 13,919,847 $637.3M No change
CL Colgate-Palmolive Co. 0.58% 6,730,570 $630.7M No change
PEP Pepsico Inc. 0.57% 4,160,441 $623.8M No change
DCI Donaldson Co. Inc. 0.56% 9,142,617 $613.1M Reduce -1.6%
INTC Intel Corp. 0.56% 26,736,304 $607.2M No change
RNR Renaissancere Holdings Ltd. 0.53% 2,399,303 $575.8M No change
CTVA Corteva Inc. 0.44% 7,634,624 $480.4M No change
HGTY Hagerty Inc. Class A 0.43% 51,800,000 $468.3M No change
A Agilent Technologies Inc. 0.41% 3,825,278 $447.5M No change
VZ Verizon Communications Inc. 0.40% 9,710,284 $440.5M No change
ANET Arista Networks Inc. 0.40% 5,619,228 $435.4M No change
DUK Duke Energy Corp. 0.40% 3,569,308 $435.3M No change
NTRS Northern Trust Corp. 0.40% 4,409,919 $435.0M No change
AMZN Amazon.com Inc. 0.39% 2,246,620 $427.4M No change
NVO Novo-Nordisk A/S-Spons ADR 0.39% 6,142,778 $426.6M No change
UL Unilever PLC 0.38% 6,887,758 $410.2M No change
V Visa Inc. Class A 0.37% 1,158,711 $406.1M No change
MDT Medtronic PLC 0.30% 3,622,141 $325.5M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.27% 3,821,419 $296.6M No change
GOOG Alphabet Inc. Class C 0.26% 1,844,339 $288.1M Reduce -12.2%
USB US Bancorp 0.26% 6,719,795 $283.7M No change
CTRA Coterra Energy Inc. 0.26% 9,706,118 $280.5M No change
SYY Sysco Corp. 0.24% 3,443,431 $258.4M No change
BAX Baxter International Inc. 0.20% 6,225,060 $213.1M No change
HP Helmerich & Payne 0.19% 7,841,430 $204.8M Reduce -5.0%
K Kellanova 0.18% 2,416,261 $199.3M No change
ECL Ecolab Inc. 0.17% 745,584 $189.0M No change
DOW Dow Inc. 0.15% 4,816,352 $168.2M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.15% 168,458 $166.4M No change
SOLV Solventum Corp. 0.14% 2,069,279 $157.3M No change
ADBE Adobe Inc. 0.13% 377,702 $144.9M No change
SHEL Shell PLC-ADR 0.13% 1,858,028 $136.2M No change
HNI Hni Corp. 0.12% 3,033,501 $134.5M Reduce -6.9%
VCIT Vanguard Int-Term Corporate 0.12% 1,612,000 $131.8M No change
CTAS Cintas Corp. 0.12% 614,048 $126.2M No change
BDX Becton Dickinson and Co. 0.11% 508,249 $116.4M No change
FAST Fastenal Co. 0.10% 1,413,894 $109.6M No change
GEHC GE Healthcare Technology 0.10% 1,329,153 $107.3M No change
WST West Pharmaceutical Services 0.08% 388,239 $86.9M No change
BHP BHP Group Ltd.-Spon ADR 0.06% 1,348,932 $65.5M No change
IEX Idex Corp. 0.06% 335,939 $60.8M No change
APH Amphenol Corp. Class A 0.05% 837,852 $55.0M No change
MTD Mettler-Toledo International 0.04% 41,482 $49.0M No change
GGG Graco Inc. 0.04% 535,086 $44.7M No change
WAT Waters Corp. 0.04% 121,095 $44.6M No change
ISRG Intuitive Surgical Inc. 0.04% 85,617 $42.4M No change
NDSN Nordson Corp. 0.03% 186,321 $37.6M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.03% 680,000 $35.7M No change
LRCX Lam Research Corp. 0.03% 455,360 $33.1M No change
SSD Simpson Manufacturing Co. Inc. 0.03% 181,873 $28.6M No change
VCSH Vanguard S/T Corp. Bond ETF 0.02% 326,880 $25.8M Add +0.4%
ENB Enbridge Inc. 0.02% 502,979 $22.3M Reduce -76.4%
TECH Bio-Techne Corp. 0.02% 321,384 $18.8M No change
PPG PPG Industries Inc. 0.02% 170,922 $18.7M Reduce -62.7%
IGSB iShares 1-5Y Inv Grade Corp. 0.01% 295,500 $15.5M No change
VETZ Academy Veteran Bond ETF-Usd 0.01% 771,000 $15.5M No change
GWRE Guidewire Software Inc. 0.01% 49,900 $9.3M No change
VOO Vanguard S&P 500 ETF 0.01% 17,497 $9.0M Add +434.9%
WDS Woodside Energy Group-ADR 0.01% 487,503 $7.1M No change
AMD Advanced Micro Devices 0.01% 66,102 $6.8M No change
ILMN Illumina Inc. 0.01% 77,782 $6.2M No change
GOVT iShares US Treasury Bond ETF 0.00% 109,336 $2.5M Add +684.4%
NE Noble Corp. PLC 0.00% 88,803 $2.1M Reduce -62.5%
IEFA iShares Core MSCI Eafe ETF 0.00% 26,869 $2.0M Add +512.6%
AMAT Applied Materials Inc. 0.00% 6,000 $871K No change
VAL Valaris Ltd. 0.00% 22,130 $869K Reduce -62.5%
USIG iShares Broad Usd Investment 0.00% 13,526 $691K Add +757.2%
IEMG iShares Core MSCI Emerging 0.00% 12,413 $670K Add +540.5%
SCHA Schwab US Small-Cap ETF 0.00% 21,372 $501K Add +563.1%
VTEB Vanguard Tax-Exempt Bond ETF 0.00% 9,815 $487K Add +6443.3%
VYM Vanguard High DVD Yield ETF 0.00% 2,314 $298K Add +499.5%
SCHP Schwab U.S. Tips ETF 0.00% 8,478 $228K Add +1271.8%
VYMI Vanguard Int High DVD YLD Inc. 0.00% 2,340 $172K Add +459.8%
FLOT iShares Floating Rate Bond E 0.00% 3,188 $163K Add +1262.4%
EMB iShares JP Morgan Usd Emergi 0.00% 1,283 $116K Add +1484.0%
USHY iShares Broad Usd High Yield 0.00% 1,971 $73K Add +1222.8%
SUB iShares Short-Term National 0.00% 650 $69K Add +4900.0%
VGSH Vanguard Short-Term Treasury 0.00% 499 $29K New
SHYG iShares 0-5 YR HY Corp. Bond 0.00% 400 $17K New
VWO Vanguard Ftse Emerging Marke 0.00% 1 $37 New

Portfolio Sells Q4 2024 → Q1 2025
AAPL Apple Inc. Reduce -1.4% 5.16% −0.69
CAT Caterpillar Inc. Reduce -0.4% 5.35% −0.51
DIS The Walt Disney Co. Reduce -5.9% 2.51% −0.47
VMC Vulcan Materials Co. Reduce -1.0% 2.05% −0.21
GOOG Alphabet Inc. Class C Reduce -12.2% 0.26% −0.10
ENB Enbridge Inc. Reduce -76.4% 0.02% −0.06
HP Helmerich & Payne Reduce -5.0% 0.19% −0.05
PPG PPG Industries Inc. Reduce -62.7% 0.02% −0.03
HNI Hni Corp. Reduce -6.9% 0.12% −0.03
WFC Wells Fargo & Co. Reduce -3.8% 2.74% −0.02
META Meta Platforms Inc. Class A Reduce -0.7% 1.01% −0.02
EXAS Exact Sciences Corp. Sold out 0.00% −0.01
DCI Donaldson Co. Inc. Reduce -1.6% 0.56% −0.01
NE Noble Corp. PLC Reduce -62.5% 0.00% −0.00
OGN Organon & Co. Sold out 0.00% −0.00
VAL Valaris Ltd. Reduce -62.5% 0.00% −0.00
GATX Gatx Corp. Reduce -1.1% 0.79% −0.00
ZTS Zoetis Inc. Reduce -0.7% 2.40% +0.03
ADP Automatic Data Processing Reduce -2.3% 1.03% +0.03
APD Air Products & Chemicals Inc. Reduce -1.2% 3.27% +0.04
MKC McCormick & Co.-Non VTG SHRS Reduce -1.1% 1.25% +0.09
DE Deere & Co. Reduce -1.4% 1.25% +0.11
MMM 3M Co. Reduce -2.2% 1.08% +0.12
LLY Eli Lilly & Co. Reduce -0.9% 9.50% +0.61

Portfolio Buys Q4 2024 → Q1 2025
VOO Vanguard S&P 500 ETF Add +434.9% 0.01% +0.01
GOVT iShares US Treasury Bond ETF Add +684.4% 0.00% +0.00
IEFA iShares Core MSCI Eafe ETF Add +512.6% 0.00% +0.00
USIG iShares Broad Usd Investment Add +757.2% 0.00% +0.00
VCSH Vanguard S/T Corp. Bond ETF Add +0.4% 0.02% +0.00
IEMG iShares Core MSCI Emerging Add +540.5% 0.00% +0.00
SCHA Schwab US Small-Cap ETF Add +563.1% 0.00% +0.00
VTEB Vanguard Tax-Exempt Bond ETF Add +6443.3% 0.00% +0.00
SCHP Schwab U.S. Tips ETF Add +1271.8% 0.00% +0.00
VYM Vanguard High DVD Yield ETF Add +499.5% 0.00% +0.00
SUB iShares Short-Term National Add +4900.0% 0.00% +0.00
EMB iShares JP Morgan Usd Emergi Add +1484.0% 0.00% +0.00
FLOT iShares Floating Rate Bond E Add +1262.4% 0.00% +0.00
USHY iShares Broad Usd High Yield Add +1222.8% 0.00% +0.00
VYMI Vanguard Int High DVD YLD Inc. Add +459.8% 0.00% +0.00
SHYG iShares 0-5 YR HY Corp. Bond New 0.00% 0.00
VWO Vanguard Ftse Emerging Marke New 0.00% 0.00
VGSH Vanguard Short-Term Treasury New 0.00% 0.00

Notes & Other Activity Q4 2024 → Q1 2025
SLB SLB Ltd. COM STK Reduce -100.0% 0 $0

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

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