United Services Automobile Association

Name: UNITED SERVICES AUTOMOBILE ASSOCIATION 13F holdings, Q3 2024
Creator: UNITED SERVICES AUTOMOBILE ASSOCIATION
Published: 2024-11-15

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q2 2024Q1 2024

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 15, 2024), United Services Automobile Association reported 380 stock positions worth $3.9 billion. Its top holding was iShares Core U.S. Aggregate (AGG) at 23.6% of the portfolio, followed by iShares Core MSCI Emerging (IEMG, 5.1%) and Vanguard S&P 500 ETF (VOO, 2.8%). Compared with Q2 2024, it opened 10 new positions, sold out of 82, added to 21 and reduced 347. The biggest buy was iShares Core U.S. Aggregate (AGG, shares +106%) and the biggest sale iShares Core MSCI Emerging (IEMG, shares −21%).

Most Recent 13F: Q2 2026
Location: SAN ANTONIO, TX
CIK: 0001021249
Portfolio Value: $3.9B (Q3 2024)
SEC Filing: 0000950123-24-011920 ↗ filed Nov 15, 2024

Holdings Value

Holdings 380 stocks · $3.9B


AGG iShares Core U.S. Aggregate	23.57%	9,129,161	$924.5M	Add +105.8%
IEMG iShares Core MSCI Emerging	5.15%	3,517,395	$201.9M	Reduce -20.9%
VOO Vanguard S&P 500 ETF	2.81%	208,950	$110.3M	Add +4.9%
UITB Victoryshares Core Intermedi	2.63%	2,154,495	$103.3M	Reduce -6.5%
XOM Exxon Mobil Corp.	2.46%	822,189	$96.4M	Reduce -25.1%
ABBV Abbvie Inc.	2.27%	449,905	$88.8M	Reduce -26.5%
HD Home Depot Inc.	2.09%	202,489	$82.0M	Reduce -24.0%
AAPL Apple Inc.	2.04%	344,070	$80.2M	Reduce -16.3%
AVGO Broadcom Inc.	1.92%	436,761	$75.3M	Reduce -26.2%
MSFT Microsoft Corp.	1.89%	172,385	$74.2M	Reduce -18.0%
VEU Vanguard Ftse All-World Ex-U	1.81%	1,127,975	$71.1M	Reduce -0.7%
EMXC iShares MSCI Emr MRK Ex Chna	1.81%	1,162,072	$71.0M	Add +3.0%
JNJ Johnson & Johnson	1.78%	431,481	$69.9M	Reduce -25.8%
NVDA Nvidia Corp.	1.77%	570,149	$69.2M	Reduce -18.5%
MO Altria Group Inc.	1.72%	1,318,459	$67.3M	Reduce -25.7%
PM Philip Morris International	1.56%	502,549	$61.0M	Reduce -24.2%
PG The Procter & Gamble Co.	1.47%	333,635	$57.8M	Reduce -25.5%
PEP Pepsico Inc.	1.39%	320,222	$54.5M	Reduce -24.4%
JPM JPMorgan Chase & Co.	1.39%	257,734	$54.3M	Reduce -21.8%
CSCO Cisco Systems Inc.	1.31%	966,471	$51.4M	Reduce -25.5%
MRK Merck & Co. Inc.	1.13%	390,520	$44.3M	Reduce -23.6%
UNH Unitedhealth Group Inc.	1.02%	68,427	$40.0M	Reduce -30.2%
AMZN Amazon.com Inc.	1.02%	214,297	$39.9M	Reduce -17.2%
CVX Chevron Corp.	0.99%	264,887	$39.0M	Reduce -26.9%
WMT Walmart Inc.	0.83%	404,098	$32.6M	Reduce -24.9%
CNQ Canadian Natural Resources	0.81%	952,807	$31.6M	Reduce -24.5%
META Meta Platforms Inc. Class A	0.74%	50,843	$29.1M	Reduce -18.5%
QCOM Qualcomm Inc.	0.73%	168,061	$28.6M	Reduce -27.8%
VXF Vanguard Extended Market ETF	0.72%	154,607	$28.1M	Add +3.6%
TRUE Truecar Inc.	0.70%	7,962,245	$27.5M	No change
VYM Vanguard High DVD Yield ETF	0.70%	214,175	$27.5M	Reduce -0.8%
LOW Lowe's Cos Inc.	0.67%	97,588	$26.4M	Reduce -20.9%
CL Colgate-Palmolive Co.	0.67%	252,538	$26.2M	Reduce -23.6%
LMT Lockheed Martin Corp.	0.65%	43,492	$25.4M	Reduce -26.1%
CAT Caterpillar Inc.	0.64%	64,416	$25.2M	Reduce -24.3%
KO The Coca-Cola Co.	0.63%	346,007	$24.9M	Reduce -26.2%
KMB Kimberly-Clark Corp.	0.61%	168,638	$24.0M	Reduce -24.4%
UPS United Parcel Service Class B	0.61%	175,117	$23.9M	Reduce -24.5%
ADP Automatic Data Processing	0.58%	82,783	$22.9M	Reduce -24.1%
GOOGL Alphabet Inc. Class A	0.56%	133,182	$22.1M	Reduce -19.6%
LLY Eli Lilly & Co.	0.56%	24,846	$22.0M	Reduce -17.8%
BSV Vanguard Short-Term Bond ETF	0.52%	257,047	$20.2M	Reduce -29.3%
ACN Accenture PLC Class A	0.51%	56,730	$20.1M	Reduce -18.1%
BMY Bristol-Myers Squibb Co.	0.50%	381,852	$19.8M	Reduce -32.8%
BRK.B Berkshire Hathaway Inc. Class B	0.49%	41,797	$19.2M	Reduce -18.2%
GOOG Alphabet Inc. Class C	0.49%	114,623	$19.2M	Reduce -18.4%
AXP American Express Co.	0.46%	66,800	$18.1M	Reduce -28.4%
SBUX Starbucks Corp.	0.45%	180,608	$17.6M	Reduce -23.5%
VLO Valero Energy Corp.	0.45%	129,685	$17.5M	Reduce -24.5%
MMM 3M Co.	0.44%	126,364	$17.3M	Reduce -19.1%
COP Conocophillips	0.43%	160,234	$16.9M	Reduce -24.1%
TSLA Tesla Inc.	0.43%	64,291	$16.8M	Reduce -17.6%
VCLT Vanguard Long-Term Corp. Bond	0.39%	186,413	$15.1M	Reduce -1.0%
VCIT Vanguard Int-Term Corporate	0.38%	178,020	$14.9M	Reduce -2.3%
VCSH Vanguard S/T Corp. Bond ETF	0.38%	185,805	$14.8M	Reduce -1.5%
GILD Gilead Sciences Inc.	0.36%	166,630	$14.0M	Reduce -23.6%
ITW Illinois Tool Works	0.30%	45,523	$11.9M	Reduce -19.2%
TGT Target Corp.	0.30%	75,715	$11.8M	Reduce -25.4%
VXUS Vanguard Total Intl Stock	0.29%	173,050	$11.2M	Add +8.0%
V Visa Inc. Class A	0.27%	38,115	$10.5M	Reduce -16.1%
IEFA iShares Core MSCI Eafe ETF	0.27%	133,779	$10.4M	No change
BND Vanguard Total Bond Market	0.25%	129,456	$9.7M	Add +9.2%
BBY Best Buy Co. Inc.	0.24%	92,237	$9.5M	Reduce -28.3%
MA Mastercard Inc. Class A	0.24%	19,190	$9.5M	Reduce -18.2%
COST Costco Wholesale Corp.	0.23%	10,340	$9.2M	Reduce -18.1%
YUM Yum! Brands Inc.	0.19%	53,068	$7.4M	Reduce -35.1%
HPQ HP Inc.	0.18%	199,095	$7.1M	Reduce -25.2%
NFLX Netflix Inc.	0.18%	10,014	$7.1M	Reduce -18.1%
IMO Imperial Oil Ltd.	0.18%	98,539	$6.9M	Reduce -28.5%
MSCI MSCI Inc.	0.17%	11,214	$6.5M	Reduce -17.6%
VTI VG Morningstar TS MKT ETF-US	0.16%	22,608	$6.4M	Reduce -7.6%
ORCL Oracle Corp.	0.16%	36,801	$6.3M	Reduce -18.2%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.16%	158,024	$6.3M	Reduce -19.5%
CRM Salesforce Inc.	0.16%	22,681	$6.2M	Reduce -18.0%
AMD Advanced Micro Devices	0.16%	37,563	$6.2M	Reduce -18.1%
OTIS Otis Worldwide Corp.	0.15%	57,848	$6.0M	Add +17.5%
CLX Clorox Company	0.15%	36,426	$5.9M	Add +23.1%
MAS Masco Corp.	0.15%	70,146	$5.9M	Reduce -26.3%
AMP Ameriprise Financial Inc.	0.15%	12,439	$5.8M	Add +18.6%
RY Royal Bank of Canada	0.15%	46,510	$5.8M	Reduce -10.8%
NXPI NXP Semiconductors NV	0.14%	23,381	$5.6M	Add +6.0%
MPC Marathon Petroleum Corp.	0.14%	34,366	$5.6M	Add +12.4%
CVE Cenovus Energy Inc.	0.14%	328,989	$5.5M	Reduce -23.0%
ADBE Adobe Inc.	0.14%	10,452	$5.4M	Reduce -19.2%
LIN Linde PLC	0.14%	11,329	$5.4M	Reduce -18.0%
HSY The Hershey Co.	0.14%	27,955	$5.4M	Add +6.6%
CRH CRH PLC	0.14%	58,166	$5.3M	Reduce -49.6%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.13%	47,326	$5.2M	Reduce -32.5%
EXPD Expeditors Intl Wash Inc.	0.13%	39,041	$5.1M	Add +23.1%
MCD McDonald's Corp.	0.13%	16,754	$5.1M	Reduce -18.9%
GE General Electric filed as GE AEROSPACE	0.12%	25,733	$4.9M	Reduce -17.9%
ABT Abbott Laboratories	0.12%	41,188	$4.7M	Reduce -43.4%
IVW iShares S&P 500 Growth ETF	0.12%	48,956	$4.7M	Add +6.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.12%	21,163	$4.7M	Reduce -17.8%
OC Owens Corning	0.12%	26,032	$4.6M	Reduce -27.9%
WFC Wells Fargo & Co.	0.12%	79,973	$4.5M	Reduce -21.4%
FERG Ferguson Enterprises Inc.	0.11%	22,557	$4.5M	Add +36.5%
VZ Verizon Communications Inc.	0.11%	97,137	$4.4M	Reduce -17.9%
TXN Texas Instruments Inc.	0.11%	20,968	$4.3M	Reduce -16.2%
DHR Danaher Corp.	0.11%	15,047	$4.2M	Reduce -19.7%

Show all 380 holdings

Portfolio Sells Q2 2024 → Q3 2024


IEMG iShares Core MSCI Emerging	Reduce -20.9%	5.15%	−0.89
XOM Exxon Mobil Corp.	Reduce -25.1%	2.46%	−0.75
MSFT Microsoft Corp.	Reduce -18.0%	1.89%	−0.49
AVGO Broadcom Inc.	Reduce -26.2%	1.92%	−0.49
MRK Merck & Co. Inc.	Reduce -23.6%	1.13%	−0.47
QCOM Qualcomm Inc.	Reduce -27.8%	0.73%	−0.45
CVX Chevron Corp.	Reduce -26.9%	0.99%	−0.44
NVDA Nvidia Corp.	Reduce -18.5%	1.77%	−0.43
PG The Procter & Gamble Co.	Reduce -25.5%	1.47%	−0.40
ABBV Abbvie Inc.	Reduce -26.5%	2.27%	−0.40
PEP Pepsico Inc.	Reduce -24.4%	1.39%	−0.38
JNJ Johnson & Johnson	Reduce -25.8%	1.78%	−0.37
MO Altria Group Inc.	Reduce -25.7%	1.72%	−0.33
CNQ Canadian Natural Resources	Reduce -24.5%	0.81%	−0.33
JPM JPMorgan Chase & Co.	Reduce -21.8%	1.39%	−0.30
CSCO Cisco Systems Inc.	Reduce -25.5%	1.31%	−0.25
AMZN Amazon.com Inc.	Reduce -17.2%	1.02%	−0.25
UNH Unitedhealth Group Inc.	Reduce -30.2%	1.02%	−0.25
VLO Valero Energy Corp.	Reduce -24.5%	0.45%	−0.24
HD Home Depot Inc.	Reduce -24.0%	2.09%	−0.23
GOOGL Alphabet Inc. Class A	Reduce -19.6%	0.56%	−0.20
UPS United Parcel Service Class B	Reduce -24.5%	0.61%	−0.20
BSV Vanguard Short-Term Bond ETF	Reduce -29.3%	0.52%	−0.19
COP Conocophillips	Reduce -24.1%	0.43%	−0.18
KMB Kimberly-Clark Corp.	Reduce -24.4%	0.61%	−0.17
GOOG Alphabet Inc. Class C	Reduce -18.4%	0.49%	−0.16
TMO Thermo Fisher Scientific Inc.	Sold out	0.00%	−0.15
AAPL Apple Inc.	Reduce -16.3%	2.04%	−0.15
PM Philip Morris International	Reduce -24.2%	1.56%	−0.15
CL Colgate-Palmolive Co.	Reduce -23.6%	0.67%	−0.14
LLY Eli Lilly & Co.	Reduce -17.8%	0.56%	−0.13
KO The Coca-Cola Co.	Reduce -26.2%	0.63%	−0.12
BMY Bristol-Myers Squibb Co.	Reduce -32.8%	0.50%	−0.09
WMT Walmart Inc.	Reduce -24.9%	0.83%	−0.09
ETN Eaton Corp. PLC	Sold out	0.00%	−0.09
AXP American Express Co.	Reduce -28.4%	0.46%	−0.09
YUM Yum! Brands Inc.	Reduce -35.1%	0.19%	−0.09
CRH CRH PLC	Reduce -49.6%	0.14%	−0.08
TGT Target Corp.	Reduce -25.4%	0.30%	−0.08
CAT Caterpillar Inc.	Reduce -24.3%	0.64%	−0.08
ADP Automatic Data Processing	Reduce -24.1%	0.58%	−0.08
TROW T Rowe Price Group Inc.	Reduce -32.5%	0.13%	−0.07
CB Chubb Ltd.	Sold out	0.00%	−0.07
CVE Cenovus Energy Inc.	Reduce -23.0%	0.14%	−0.07
ABT Abbott Laboratories	Reduce -43.4%	0.12%	−0.07
IMO Imperial Oil Ltd.	Reduce -28.5%	0.18%	−0.06
UITB Victoryshares Core Intermedi	Reduce -6.5%	2.63%	−0.06
META Meta Platforms Inc. Class A	Reduce -18.5%	0.74%	−0.05
WM Waste Management Inc.	Sold out	0.00%	−0.05
HPQ HP Inc.	Reduce -25.2%	0.18%	−0.05

Portfolio Buys Q2 2024 → Q3 2024


AGG iShares Core U.S. Aggregate	Add +105.8%	23.57%	+12.66
VOO Vanguard S&P 500 ETF	Add +4.9%	2.81%	+0.29
EMXC iShares MSCI Emr MRK Ex Chna	Add +3.0%	1.81%	+0.12
VXF Vanguard Extended Market ETF	Add +3.6%	0.72%	+0.08
FERG Ferguson Enterprises Inc.	Add +36.5%	0.11%	+0.07
KKR KKR & Co. Inc.	New	0.05%	+0.05
CLX Clorox Company	Add +23.1%	0.15%	+0.05
VXUS Vanguard Total Intl Stock	Add +8.0%	0.29%	+0.04
AMP Ameriprise Financial Inc.	Add +18.6%	0.15%	+0.04
OTIS Otis Worldwide Corp.	Add +17.5%	0.15%	+0.03
BND Vanguard Total Bond Market	Add +9.2%	0.25%	+0.03
EXPD Expeditors Intl Wash Inc.	Add +23.1%	0.13%	+0.03
AVTR Avantor Inc.	New	0.03%	+0.03
PLTR Palantir Technologies Inc. Class A	New	0.03%	+0.03
TTEK Tetra Tech Inc.	New	0.02%	+0.02
FER Ferrovial NV	New	0.02%	+0.02
HSY The Hershey Co.	Add +6.6%	0.14%	+0.01
SW Smurfit Westrock PLC	New	0.01%	+0.01
LUMN Lumen Technologies Inc.	New	0.01%	+0.01
IVW iShares S&P 500 Growth ETF	Add +6.4%	0.12%	+0.01
CNH CNH Industrial NV	New	0.01%	+0.01
MPC Marathon Petroleum Corp.	Add +12.4%	0.14%	+0.01
GTES Gates Industrial Corp. UK Ltd.	New	0.01%	+0.01
FLG Flagstar Bank NA	New	0.01%	+0.01
AAL American Airlines Group Inc.	Add +73.3%	0.01%	+0.00
PPL PPL Corp.	Add +18.6%	0.01%	+0.00
EQT Eqt Corp.	Add +23.1%	0.01%	+0.00
AA Alcoa Corp.	Add +17.0%	0.02%	+0.00
CNP Centerpoint Energy Inc.	Add +1.5%	0.01%	−0.00
GME Gamestop Corp. Class A	Add +4.7%	0.01%	−0.00
NXPI NXP Semiconductors NV	Add +6.0%	0.14%	−0.01

All Filings

Quarter	Positions	13F Reported Value	Top Holdings
Q2 2026	15	$1.2B	AGG, VOO, NEAR, IVV, VXUS
Q1 2026	14	$850.6M	AGG, VOO, NEAR, VXUS, VCSH
Q4 2025	20	$1.6B	AGG, VOO, VEU, UITB, SPAB
Q3 2025	20	$1.4B	AGG, VOO, UITB, VEU, VXF
Q2 2025	19	$962.6M	AGG, UITB, VOO, VEU, VXF
Q1 2025	1,070	$3.2B	EMXC, AGG, VOO, UITB, AAPL
Q4 2024	390	$3.1B	AGG, VOO, AVGO, UITB, XOM
Q3 2024	380	$3.9B	AGG, IEMG, VOO, UITB, XOM
Q2 2024	452	$3.9B	AGG, IEMG, XOM, UITB, ABBV
Q1 2024	446	$4.1B	AGG, IEMG, XOM, AVGO, ABBV