State Farm Mutual Automobile Insurance Co.

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 12, 2025), State Farm Mutual Automobile Insurance Co. reported 115 stock positions worth $119.9 billion. Its top holding was Eli Lilly (LLY) at 7.9% of the portfolio, followed by Caterpillar (CAT, 7.0%) and Apple (AAPL, 5.2%). Compared with Q2 2025, it opened 2 new positions, sold out of 7, added to 13 and reduced 19. The biggest buy was Vanguard S&P 500 ETF (VOO, shares +204%) and the biggest sale Eli Lilly (LLY, shares −0%).

Most Recent 13F
Q2 2026
Location
BLOOMINGTON, IL
CIK
0000315032
Portfolio Value
$119.9B (Q3 2025)
SEC Filing
0000315032-25-000066 ↗ filed Nov 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 Q4 2024 Q1 2025: $108.9B Q1 2025 Q2 2025: $113.1B Q2 2025 Q3 2025: $119.9B $119.9B Q3 2025 Q4 2025: $127.3B Q4 2025 Q1 2026: $126.9B Q1 2026 Q2 2026: $146.1B Q2 2026

Holdings 115 stocks · $119.9B
LLY Eli Lilly & Co. 7.94% 12,480,217 $9.5B Reduce -0.3%
CAT Caterpillar Inc. 6.97% 17,518,404 $8.4B Reduce -0.8%
AAPL Apple Inc. 5.16% 24,316,798 $6.2B Reduce -2.9%
JNJ Johnson & Johnson 4.88% 31,590,952 $5.9B Reduce -0.3%
ITW Illinois Tool Works 4.57% 21,029,900 $5.5B No change
MSFT Microsoft Corp. 4.56% 10,558,798 $5.5B Reduce -2.6%
WMT Walmart Inc. 3.35% 38,994,947 $4.0B Reduce -0.7%
XOM Exxon Mobil Corp. 2.87% 30,520,300 $3.4B No change
WFC Wells Fargo & Co. 2.83% 40,450,490 $3.4B Reduce -2.3%
NUE Nucor Corp. 2.75% 24,318,893 $3.3B Reduce -0.7%
APD Air Products & Chemicals Inc. 2.69% 11,840,799 $3.2B Reduce -1.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 2.46% 25,770,312 $3.0B Reduce -5.9%
VMC Vulcan Materials Co. 2.45% 9,554,660 $2.9B No change
ADM Archer-Daniels-Midland Co. 2.33% 46,796,552 $2.8B No change
ASML ASML Holding NV-NY Reg SHS 2.23% 2,758,173 $2.7B No change
GOOGL Alphabet Inc. Class A 2.18% 10,777,820 $2.6B No change
PG The Procter & Gamble Co. 2.02% 15,800,799 $2.4B No change
ZTS Zoetis Inc. 1.94% 15,892,903 $2.3B No change
INTU Intuit Inc. 1.74% 3,058,534 $2.1B No change
CVX Chevron Corp. 1.73% 13,334,215 $2.1B No change
ABT Abbott Laboratories 1.52% 13,587,118 $1.8B No change
KLAC KLA Corp. 1.28% 1,420,145 $1.5B No change
META Meta Platforms Inc. Class A 1.17% 1,909,500 $1.4B No change
PFE Pfizer Inc. 1.16% 54,508,560 $1.4B No change
ABBV Abbvie Inc. 1.14% 5,892,808 $1.4B Reduce -1.2%
DE Deere & Co. 1.08% 2,838,973 $1.3B Reduce -2.4%
MMM 3M Co. 1.03% 7,934,035 $1.2B Reduce -0.8%
KO The Coca-Cola Co. 1.01% 18,227,000 $1.2B No change
GE General Electric filed as GE AEROSPACE 0.98% 3,915,626 $1.2B Reduce -1.8%
ADT Adt Inc. 0.97% 133,333,333 $1.2B No change
MRK Merck & Co. Inc. 0.97% 13,794,969 $1.2B No change
GLW Corning Inc. 0.95% 13,919,847 $1.1B No change
MKC McCormick & Co.-Non VTG SHRS 0.92% 16,522,728 $1.1B No change
ADP Automatic Data Processing 0.89% 3,657,287 $1.1B No change
GATX Gatx Corp. 0.79% 5,427,338 $948.7M No change
INTC Intel Corp. 0.75% 26,736,304 $897.0M No change
ANET Arista Networks Inc. 0.68% 5,619,228 $818.8M No change
MTB M & T Bank Corp. filed as M & T BK CORP 0.68% 4,122,590 $814.7M No change
TXN Texas Instruments Inc. 0.67% 4,402,785 $808.9M No change
AMGN Amgen Inc. 0.64% 2,715,656 $766.4M No change
EMR Emerson Electric Co. 0.64% 5,838,867 $765.9M No change
DCI Donaldson Co. Inc. 0.62% 9,142,617 $748.3M No change
RIO Rio Tinto PLC-Spon ADR 0.60% 10,931,820 $721.6M No change
UNP Union Pacific Corp. 0.59% 3,018,016 $713.4M No change
T AT&T Inc. 0.57% 24,147,315 $681.9M No change
ATR Aptargroup Inc. 0.53% 4,744,564 $634.2M No change
HGTY Hagerty Inc. Class A 0.52% 51,800,000 $623.7M No change
RNR Renaissancere Holdings Ltd. 0.51% 2,399,303 $609.3M No change
PEP Pepsico Inc. 0.49% 4,160,441 $584.3M No change
NTRS Northern Trust Corp. 0.47% 4,145,102 $557.9M Reduce -6.0%
CL Colgate-Palmolive Co. 0.45% 6,730,570 $538.0M No change
CTVA Corteva Inc. 0.43% 7,634,624 $516.3M No change
AMZN Amazon.com Inc. 0.41% 2,246,620 $493.3M No change
A Agilent Technologies Inc. 0.41% 3,825,278 $491.0M No change
GOOG Alphabet Inc. Class C 0.37% 1,844,339 $449.2M No change
DUK Duke Energy Corp. 0.37% 3,569,308 $441.7M No change
VZ Verizon Communications Inc. 0.36% 9,710,284 $426.8M No change
UL Unilever PLC 0.34% 6,887,758 $408.3M No change
V Visa Inc. Class A 0.33% 1,158,711 $395.6M No change
MDT Medtronic PLC 0.29% 3,622,141 $345.0M No change
NVO Novo-Nordisk A/S-Spons ADR 0.28% 6,142,778 $340.9M No change
USB US Bancorp 0.26% 6,515,523 $314.9M Reduce -3.0%
SYY Sysco Corp. 0.24% 3,443,431 $283.5M No change
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.20% 3,821,419 $235.2M No change
CTRA Coterra Energy Inc. 0.19% 9,706,118 $229.5M No change
ECL Ecolab Inc. 0.17% 745,584 $204.2M No change
HP Helmerich & Payne 0.14% 7,841,430 $173.2M No change
GWW WW Grainger Inc. filed as GRAINGER W W INC 0.13% 168,458 $160.5M No change
SOLV Solventum Corp. 0.13% 2,069,279 $151.1M No change
K Kellanova 0.12% 1,788,061 $146.7M Reduce -26.0%
BAX Baxter International Inc. 0.12% 6,225,060 $141.7M No change
FAST Fastenal Co. 0.12% 2,827,788 $138.7M No change
HNI Hni Corp. 0.11% 2,924,923 $137.0M No change
ADBE Adobe Inc. 0.11% 377,702 $133.2M No change
SHEL Shell PLC-ADR 0.11% 1,858,028 $132.9M No change
VCIT Vanguard Int-Term Corporate 0.11% 1,542,000 $129.7M Reduce -4.3%
CTAS Cintas Corp. 0.11% 614,048 $126.0M No change
VOO Vanguard S&P 500 ETF 0.10% 197,487 $120.9M Add +203.9%
DOW Dow Inc. 0.09% 4,816,352 $110.4M No change
APH Amphenol Corp. Class A 0.09% 837,852 $103.7M No change
WST West Pharmaceutical Services 0.08% 388,239 $101.8M No change
GEHC GE Healthcare Technology 0.08% 1,329,153 $99.8M No change
BDX Becton Dickinson and Co. 0.08% 508,249 $95.1M No change
BHP BHP Group Ltd.-Spon ADR 0.06% 1,348,932 $75.2M No change
LRCX Lam Research Corp. 0.05% 455,360 $61.0M No change
IEX Idex Corp. 0.05% 335,939 $54.7M No change
IEFA iShares Core MSCI Eafe ETF 0.04% 610,793 $53.3M Add +847.5%
MTD Mettler-Toledo International 0.04% 41,482 $50.9M No change
GGG Graco Inc. 0.04% 535,086 $45.5M No change
NDSN Nordson Corp. 0.04% 186,321 $42.3M No change
ISRG Intuitive Surgical Inc. 0.03% 85,617 $38.3M No change
IGIB iShares 5-10Y Inv Grade Corp. 0.03% 680,000 $36.8M No change
GOVT iShares US Treasury Bond ETF 0.03% 1,574,408 $36.4M Add +237.1%
WAT Waters Corp. 0.03% 121,095 $36.3M No change
SSD Simpson Manufacturing Co. Inc. 0.03% 181,873 $30.5M No change
VYM Vanguard High DVD Yield ETF 0.02% 168,903 $23.8M Add +603.1%
TECH Bio-Techne Corp. 0.01% 321,384 $17.9M No change
VETZ Academy Veteran Bond ETF-Usd 0.01% 771,000 $15.4M No change
VYMI Vanguard Int High DVD YLD Inc. 0.01% 164,771 $14.0M Add +629.3%
GWRE Guidewire Software Inc. 0.01% 49,900 $11.5M No change

Show all 115 holdings

Portfolio Sells Q2 2025 → Q3 2025
LLY Eli Lilly & Co. Reduce -0.3% 7.94% −0.69
DIS The Walt Disney Co. Reduce -5.9% 2.46% −0.54
APD Air Products & Chemicals Inc. Reduce -1.3% 2.69% −0.30
DE Deere & Co. Reduce -2.4% 1.08% −0.23
MSFT Microsoft Corp. Reduce -2.6% 4.56% −0.21
WFC Wells Fargo & Co. Reduce -2.3% 2.83% −0.11
NUE Nucor Corp. Reduce -0.7% 2.75% −0.06
MMM 3M Co. Reduce -0.8% 1.03% −0.05
K Kellanova Reduce -26.0% 0.12% −0.05
WMT Walmart Inc. Reduce -0.7% 3.35% −0.04
NTRS Northern Trust Corp. Reduce -6.0% 0.47% −0.03
VCSH Vanguard S/T Corp. Bond ETF Sold out 0.00% −0.02
IGSB iShares 1-5Y Inv Grade Corp. Sold out 0.00% −0.01
VCIT Vanguard Int-Term Corporate Reduce -4.3% 0.11% −0.01
PPG PPG Industries Inc. Reduce -51.7% 0.01% −0.01
USB US Bancorp Reduce -3.0% 0.26% −0.01
MUB iShares National Muni Bond E Sold out 0.00% −0.00
SUB iShares Short-Term National Sold out 0.00% −0.00
SHYG iShares 0-5 YR HY Corp. Bond Sold out 0.00% −0.00
VGSH Vanguard Short-Term Treasury Sold out 0.00% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Sold out 0.00% −0.00
GE General Electric Reduce -1.8% 0.98% +0.07
ABBV Abbvie Inc. Reduce -1.2% 1.14% +0.16
JNJ Johnson & Johnson Reduce -0.3% 4.88% +0.60
AAPL Apple Inc. Reduce -2.9% 5.16% +0.62
CAT Caterpillar Inc. Reduce -0.8% 6.97% +0.90

Portfolio Buys Q2 2025 → Q3 2025
VOO Vanguard S&P 500 ETF Add +203.9% 0.10% +0.07
IEFA iShares Core MSCI Eafe ETF Add +847.5% 0.04% +0.04
GOVT iShares US Treasury Bond ETF Add +237.1% 0.03% +0.02
VYM Vanguard High DVD Yield ETF Add +603.1% 0.02% +0.02
VYMI Vanguard Int High DVD YLD Inc. Add +629.3% 0.01% +0.01
VTEB Vanguard Tax-Exempt Bond ETF Add +692.2% 0.01% +0.01
IEMG iShares Core MSCI Emerging Add +333.6% 0.01% +0.01
SCHA Schwab US Small-Cap ETF Add +395.3% 0.01% +0.01
USIG iShares Broad Usd Investment Add +184.9% 0.01% +0.00
TLH iShares 10-20 Year Treasury New 0.00% +0.00
FLOT iShares Floating Rate Bond E Add +417.5% 0.00% +0.00
SCHP Schwab U.S. Tips ETF Add +267.3% 0.00% +0.00
USHY iShares Broad Usd High Yield Add +378.6% 0.00% +0.00
EMB iShares JP Morgan Usd Emergi Add +173.0% 0.00% +0.00
PGX Invesco Preferred 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